Research / working programs

Thinking.

We study what changes what a company can do next — the technologies, markets, and systems underneath them. Working programs, not finished papers.

Research from The team behind Capability Host Protocol

AI / SEMICONDUCTORS / WORKING RESEARCH PROGRAM

From models to manufacturing.

A working program that traces AI requirements down through the physical stack: compute architecture, semiconductor production, advanced packaging, fab equipment, power and infrastructure, and the supply chains underneath.

What the program keeps asking
01

Where do the real bottlenecks sit — compute, packaging, equipment, power, or supply?

02

Which parts of the AI hardware stack are investable, and which are narrative?

03

What has to be physically true for the AI economy everyone assumes?

Also exploring

Capability-native teams and composable work.

What changes when work is composed from people, software, and AI under one governed model — and what that means for how companies get built.

The physical systems behind the AI economy.

Power, cooling, land, fabrication, and logistics — the real-world systems that decide how far software ambitions can actually go.

Research is research — not disguised client work. We share what holds up, as it holds up.