The token economy: The state of AI mid-2026
Gigawatt factories in the Texas scrub. Thirty trillion tokens a day. A $30 billion storage company, a search engine built for machines, and a continent trying to buy its independence one graphics processing unit at a time. Three years after ChatGPT, the artificial intelligence business has stopped being a demo and started being an economy — and the economy is about to get audited.
The token economy: The state of AI mid-2026
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