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Japan Took 30 Years to Recover. China May Not Get the Same Chance.
Japan took thirty years to recover from a debt-fuelled property bubble. China's own property crisis began in 2021 and is unresolved, its local debt is far harder to measure than Japan's ever was, and Beijing is already legislating against AI-driven job losses while Washington still debates the idea. Part 1 of a two-part macro series.

Noel Ong
Sep 1330 min read


ASX Data Centre Stocks: What the Market Is Actually Paying
Australia has a real data centre industry and a small number of ASX companies are actually in it. Across three years of price action, binding contracts moved share prices and held, while non-binding memoranda and pipeline announcements faded.

Noel Ong
Sep 623 min read


SCX.ai IPO: A$40 Million to Build Australia’s AI Compute Challenger
SCX.ai is arriving on the ASX with an operational ten-rack AI inference node, A$5.35 million of contracted annual recurring revenue and a fully underwritten A$40 million raising.

Noel Ong
Aug 2116 min read


Five ASX Small Caps With AI Data Centre Optionality
Five ASX-listed resources and energy companies with Australian project land are being screened as AI data centre infrastructure plays under tighter new federal rules.

Noel Ong
Aug 1012 min read


How to Buy the AI Build-Out on the ASX — semiconductors, data centres, and the vector-database gap
Where an ASX investor can actually buy the AI build-out: semiconductor and data-centre stocks explained, plus why there's no ASX vector-database play.

Noel Ong
Jul 3012 min read


The Paradox: The Price Fell, The Bill Rose - AI Agent Economics
AI's inputs got over 99% cheaper, yet AI bills keep rising. A plain-English guide to agentic AI economics, and the one cost test investors should apply to any AI story.

Noel Ong
Jul 2611 min read


When the Smartest AI Model Is Worth the Least
At SuperAI 2026, a European lab, a Chinese lab, and a veteran investor agreed the AI frontier has quietly moved — away from topping benchmarks, toward owning deployment, distribution, and the ground beneath the tokens.A panel discussion, moderated by Zixuan Li (Head, Z.ai), with:Geoff Soon, Mistral AI · Cherie Shi, MiniMax · Hemant Mohapatra, LightspeedSuperAI 2026 · Marina Bay Sands, Singapore · 10 June 2026For a few years, the word frontier had a simple meaning in artificia

Noel Ong
Jul 611 min read


When the Web Learned to Lie: AI Agents
A radio hoax fooled millions in 1938. Nearly ninety years later, the things being fooled aren't human — and the web is quietly feeding them poison. Adapted from a talk by Ariel Shulman, Chief Product Officer, Bright Data SuperAI 2026 · Marina Bay Sands, Singapore In 1938, Orson Welles stepped up to a radio microphone with no television, no internet, and no special effects beyond a few sound cues. He convinced millions of listeners that Martians were invading Earth. War of th

Noel Ong
Jun 2511 min read
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