Trader on AI capex: finance people slow to catch Kimi/GLM coding-agent signals; robotics still pre-PMF

menhguin · x · 2026-09-26

A trader of AI hyperscaler capex explains his approach: abundant aggregate data exists but finance people are slow to catch on — he noticed Kimi and GLM getting serious about coding agents and bet on the inflection. Robotics is harder: no ChatGPT/DeepSeek moment yet, like a pre-PMF startup where everything is a guess. Unitree looks well-positioned but isn't tradable, and its highlights are demos without organically shared real-world evidence.

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