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When Technology Becomes Infrastructure

November 9, 2025 by David Thomas Leave a Comment

We keep calling it “tech,” but that word is losing meaning.

When Meta commits hundreds of billions to data centres, or when Amazon builds its own chips and power capacity, it’s no longer a software story — it’s industrial.

The world’s largest firms are rebuilding the physical backbone of intelligence: silicon, energy, and computation.

This isn’t the Metaverse. It’s the next power grid.

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About David

David Thomas invests in the world's largest tech stocks, and writes a newsletter about the global tech ecosystem, and is host to The Global Tech 15, a portfolio of between 12-15 mega-cap tech equities and private community.

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