This is INSANE! Codex just 4x'd its user base in 7 WEEKS and it's now growing 5 Million USERS every 10 days! The market continues to think frontier AI labs will "slowdown", but the opposite keeps happening Here's what AI investors NEED to understand: 1. The frontier labs are all cooking at once. Codex exploded the day GPT-5.6 and ChatGPT Work launched (July 9, look at the inflection on the chart). Anthropic is compounding right beside it. And Grok is having a huge moment right now with GrokBot 2. The economics just flipped. Anthropic posted its first profitable quarter ever: $11.5B of revenue in Q2, up 14x year over year. And it appears OpenAI will be profitable at some point in Q3 as well 3. Every one of these users is driving more and more demand for compute. This is 25M people running coding agents and driving more and more inference demand than 25M users just using Chat We're still very early in the adoption curve of Agent deployment, which means we have significantly more GWs needed to supply this demand I keep hearing the bubble talk, but there's no way a bubble can happen with there is this much demand/growth It's literally the opposite: demand is accelerating INTO the buildout. Users 4x in 7 weeks, revenue 14x in a year, and the first frontier lab just went profitable My guess: this doesn't slow down anytime soon, and the biggest winners are still the companies selling compute, memory, and power to feed it (which is exactly how my portfolio is positioned) Milk Road PRO members can track 5 analysts' real-time portfolios and research with live trade notifications to see exactly how we're positioned for this. You can try it out here: Don't forget to give me a follow @kylereidhead for more insights on AI and markets