Interconnected

Cloud War: the National Security Strategy Edition

From More Voting to More Selling

Dec 7 • Kevin Xu

20

2

2

($) Forward Deployed Engineer: the Job that Makes AI Real

Scalable Enablers or Growth Bottleneck?

Dec 3 • Kevin Xu and David Huang

11

1

November 2025

From Race to Co-opetition

How I plan to write about US-China AI going forward

Nov 25 • Kevin Xu

27

4

6

($) Kimi Kimi on the Wall

Who is the fairest (open weight) model of all?

Nov 13 • Kevin Xu

9

3

2

Sovereign AI with South Korean Characteristics

From beer (and fried chicken) summit to launching AI moonshots

Nov 5 • Kevin Xu

24

5

3

October 2025

($) Q3 2025 Update: Good Risks, Bad Risks

Welcome to the Q3 2025 update of Interconnected Capital.

Oct 26 • Kevin Xu

10

1

Europe's Hidden Sovereign AI Gem: Nebius

I added a new category “Sovereign AI” to our grouping of posts.

Oct 15 • Kevin Xu

31

11

5

($) Dot-Com “Dumb Money”

How I look for the AI bubble bursting

Oct 6 • Kevin Xu

17

7

4

September 2025

The TikTok Template

Not a one-off deal, but a sign of things to come.

Sep 17 • Kevin Xu

44

6

13

($) Nebius: An Investor's Diary

A rollercoaster ride that's not for the faint of heart

Sep 9 • Kevin Xu

8

2

2

August 2025

The Real DeepSeek Moment Just Arrived

Last week, DeepSeek released a new version of its model to much fanfare.

Aug 25 • Kevin Xu

111

6

21

($) P(Grand Bargain) = 55%

A US-China deal is the appropriate season finale for a reality TV, “deal junkie” president

Aug 12 • Kevin Xu

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3

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