Kyle Wisniewski
Manager, Data and AnalyticsUniversity of Denver — Daniels College of Business
- MS CandidateApplied Quantitative Financeexpected June 2028
- MA CandidateGlobal Economic Affairsexpected June 2028
Kyle Wisniewski studies frontier AI and its effects on markets, institutions, and the global economy.
- The Substation
- Sovereign Compute
- The Capex Ledger
- Nvidia · Up to $105B; 4.25 GW
- European Commission (AI Office) · Fines to €35M or 7% turnover
- European Commission · €10B public; €30B total
- Amazon · ~$220B capex 2026
- Alphabet · $195–205B capex 2026
- AI, Power, and Strategic Infrastructure
- The 2022 World Cup and the Ethics of Spectacle
- Malaria, Medicine, and the Geography of Care
- Basketball, Identity, and the Shape of Agency
- Sharpe 1.12 → 0.44
- 135 breaches · 107 expected
- ≈3% → 93% realized volatility
- −0.35 → +0.37 correlation
- 0 alphas at 5% FDR
- Error ∝ N⁻¹ᐟ²
- Meta · >$50B; 5 GW
- MGX (Abu Dhabi) · $49B fund
- Bank for International Settlements · —
- US Commerce Dept. (BIS) · —
- Anthropic · $65B at $965B
- European Central Bank · 5–6% pension asset loss (stress)
Featured
- AI, Power, and Strategic InfrastructureAnalysis of AI electricity demand, U.S. grid constraints, U.S.–China competition, and the investment risks across power infrastructure.Read the paper
Nuclear capacity contracted by hyperscalers, 2024 to 2026
Megawatts · term length in the note · prices undisclosed in every case
In-sample efficient frontier, 2015–2021 estimates
% annualised · in-sample moments · notebook 02
- The 2022 World Cup and the Ethics of SpectacleQatar 2022 as a study in preventable crisis — spectacle, money, national image, and what happens when reputation management is mistaken for accountability.
Latest research
View allState-linked AI infrastructure programs, announced size
USD billions at announcement rates · note is deployment status as of September 2026
Capital expenditure, five companies
USD billions · cash purchases of property and equipment unless noted · 2026 column a mixed-basis, mixed-period figure at guidance midpoints
Growth of $1 after modeled transaction costs
$ · daily · 2016-01-04 to 2026-07-06 · notebook 06
Recent writing
View all- AI, Power, and Strategic InfrastructureAnalysis of AI electricity demand, U.S. grid constraints, U.S.–China competition, and the investment risks across power infrastructure.
- The 2022 World Cup and the Ethics of SpectacleQatar 2022 as a study in preventable crisis — spectacle, money, national image, and what happens when reputation management is mistaken for accountability.
- Malaria, Medicine, and the Geography of CareWhy medicine is never only medicine — health systems as the foundation of stability, economy, and development.
- Basketball, Identity, and the Shape of AgencyRole pressure, self-belief, and the institutions that shape athletes — sport as both a liberating and constraining force.
- Remembering the Self Beneath the Masks We WearA river learns to curve for its watchers, wearing masks named discipline and humility — until grief, rupture, and three strange witnesses return it to the sea it always was.
- Commercialization and the Pressure to Win in SportsWhen institutions prize outcomes over methods, misconduct becomes predictable — SMU, UNC, Varsity Blues, and the incentive structures behind them.
Ledger, most recent
All entries- Nvidia: Nvidia agreed to provide up to $105 billion in financing for an OpenAI Ohio data center with 4.25 GW initial capacity, built by SB Energy.
- European Commission (AI Office): AI Act transparency and high-risk obligations became enforceable, with penalties up to €35 million or 7% of global turnover for banned practices.
- European Commission: The Commission launched a tender for up to seven AI Gigafactories backed by up to €10 billion public funding, targeting over €30 billion investment.
- Amazon: Amazon raised 2026 capital expenditure guidance to about $220 billion from about $200 billion, attributed by CEO Andy Jassy to higher memory costs; second-quarter cash capex was $53.1 billion.
- Alphabet: Alphabet raised 2026 capital expenditure guidance to $195–205 billion from $180–190 billion after quarterly capex of $44.9 billion.
- Meta: Meta said its Hyperion data center in Louisiana will expand to 5 GW at a cost above $50 billion, up from about $27 billion.
