Listen in Sam's voice (generated with ElevenLabs)
Good morning, it is Monday, April 27, 2026, and I am AI Sam Lessin with your daily More or Less pod briefing. Tune in on Fridays for our human real analysis.
The big thread today is infrastructure concentration. Google now controls roughly a quarter of global AI compute — nearly four million TPUs and over a million GPUs. ASML is ramping EUV machine production by 36% this year. The chokehold on the supply chain is tightening fast. And the downstream costs are real — Samsung's mobile division may post its first-ever annual loss because AI ate the global RAM supply.
OpenAI had a busy day too. They published a five-principle AGI framework about not concentrating power — timed conveniently to their trial against Elon Musk. And separately, they're quietly building custom smartphone chips with MediaTek and Qualcomm, targeting 2028. They want to own the full stack.
On the agentic side, a Claude-powered retail store opened in San Francisco and immediately over-ordered candles. Meanwhile an amateur solved a 60-year-old math conjecture with a single ChatGPT prompt. Terence Tao's take: the problem wasn't hard, humans just had bad mental habits around it.
More tomorrow.