Are we tokenmaxxing our way to nowhere?

The AI industry is seeing a growing divide between insiders and the general public, highlighted by increased spending and new terminology. Major companies like OpenAI and Anthropic are making significant moves, including acquisitions and withholding powerful models from public release. This trend signals a shift in how AI technology is developed and controlled.

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PublishedFriday, April 17, 2026 at 3:00 PMApr 17, 03:00 PM

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Watch the Equity podcast digs into what's actually being built in AI infrastructure, who's winning the enterprise battle between OpenAI and Anthropic, and more of the week's headlines.

The gap between AI insiders and everyone else is widening, and the spending, suspicion, and even new vocabulary are starting to show it. While OpenAI is busy buying up everything from finance apps to talk shows, a certain shoe company just rebranded as an AI infrastructure play, and Anthropic unveiled a model it says is too powerful to release publicly …but apparently not too powerful to demo to Federal Reserve Chair Jerome Powell.

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Are we tokenmaxxing our way to nowhere?

Original article excerpt