Pequity Resea2026-09-09 00:48:11FundaAI says GPT-6 training compute is about 10x GPT-5Pequity Research, citing FundaAI, said GPT-6 used roughly 10 times the training compute of the GPT-5 generation. FundaAI also said that, based on industry discussions, the compute consumed by experiments, reinforcement learning, synthetic data generation and supporting infrastructure could amount to several times the main pre-training run, with the upper end reaching 10 times. It added that once TPU 8t and Vera Rubin ship at scale, the next round of pre-training acceleration could begin, with large-scale interconnect and optics set to benefit the most in that cycle. The note focuses on how total compute demand may extend well beyond the headline pre-training run and points to hardware delivery as a key condition for the next step in model training acceleration.970
FundaAI2026-08-25 00:52:33FundaAI says enterprise AI budgets are still rising, but paths diverge in late 2026 and 2027FundaAI said in a report on enterprise AI applications that corporate AI budgets are still expanding, though the spending path starts to split in the second half of 2026 and into 2027. The report pointed to different guidance from a large U.S. telecom operator and a large European automaker, showing that growth is not moving at the same pace across industries. It also said incremental spending is shifting away from paid seats and toward API and token consumption, as well as production workflows. In the examples cited, the telecom operator’s mix moved from roughly 50% subscriptions and 50% API to 40%/60%, with a possible move to 35%/65%, while a mid-to-large biopharma company adjusted from 80%/20% to about 70%/30%. FundaAI also said open-source adoption remains uneven: usage in active scenarios can reach 30%–40%, but spending share is lower because pricing is cheaper. The report added that engineering capacity, process redesign, governance, and data readiness are becoming tighter constraints than capital.1320
TSMC2026-07-13 14:35:43TSMC June revenue rose 67.9% year over year, with FundaAI projecting Q2 gross margin at 68.4%TSMC reported that its June revenue increased 67.9% from a year earlier, according to an Odaily newsflash citing the company’s latest monthly revenue update. Analyst Fiona said in a post on X that upcoming earnings releases from semiconductor names including TSMC and ASML are drawing close attention given recent conditions in the chip sector. FundaAI said TSMC’s gross margin in both the second and third quarters could come in above market expectations. It specifically projected second-quarter gross margin at 68.4%. FundaAI also said TSMC’s advanced process capacity expansion is expected to accelerate noticeably in 2027, citing higher EUV capacity from ASML as part of the reason. The report did not provide additional financial figures or a detailed breakdown beyond those projections.1310
