# Hypertext
> The smart briefing on European tech, written by Romain Dillet.
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## Pages
- [About Hypertext](https://hypertext.fyi/about.md) - I’m Romain Dillet, a writer and investor. I run Hypertext, an opinionated newsletter on the tech industry, with a specific focus on European startups and VC. Previously, I was a Senior Reporter at TechCrunch for 13 years. I wrote over 3,500 articles on technology and tech startups and established m…

## Posts
- [The last click](https://hypertext.fyi/the-last-click.md) - Hi everyone, Paris is such a nice city during that time of the year, when temperatures are OK. I hope you’re enjoying this July week just like I am! I’d like to thank Box once again for supporting Hypertext. Feel free to share this email with a friend, it really helps 💌 Sign up here. Google Zero c…
- [Thinking sand](https://hypertext.fyi/thinking-sand.md) - Hi everyone, if you support England and/or France, I hope you’ve recovered from this intense World Cup week… I’d like to thank Box once again for supporting Hypertext. Feel free to share this email with a friend, it really helps 💌 Sign up here. Thinking sand It’s summertime, which means it’s slow…
- [The summer of neoclouds](https://hypertext.fyi/the-summer-of-neoclouds.md) - Hi everyone, I hope you’ve had a nice week so far. I’d like to thank Box once again for supporting Hypertext. Feel free to share this email with a friend, it really helps 💌 Sign up here. The summer of neoclouds This week, many AI leaders came to Paris for the Raise Summit, an AI-focused conference…
- [When governments pick models](https://hypertext.fyi/when-governments-pick-models.md) - Hi everyone, I hope you’ve had a nice week so far. I’d like to thank Box once again for supporting Hypertext as its very first sponsor. Feel free to share this email with a friend, it really helps 💌 Sign up here. OpenAI’s political counteroffensive OpenAI can only succeed if AI succeeds as a categ…
- [European tech is feeling the heat](https://hypertext.fyi/european-tech-is-feeling-the-heat.md) - Hi everyone, I hope you’re taking care of yourself and your loved ones during this spectacularly hot week here in Europe. I’d like to thank Box once again for supporting Hypertext as its very first sponsor. Feel free to share this email with a friend, it really helps 💌 Sign up here. AI optimism me…
- [The power to pull the plug](https://hypertext.fyi/the-power-to-pull-the-plug.md) - Hi everyone, I hope you’ve had a nice week so far and will find a spot to cool down this weekend. I’d like to thank Box once again for supporting Hypertext as its very first sponsor. Feel free to share this email with a friend, it really helps 💌 Sign up here. The case for an AI multiverse In busin…
- [AI’s distribution dilemma](https://hypertext.fyi/ais-distribution-dilemma.md) - Hi everyone, I hope you’ve had a nice week so far. I’d like to thank Box once again for supporting Hypertext as its very first sponsor. Feel free to share this email with a friend, it really helps 💌 Sign up here. Apple’s credibility deficit with EU regulators As a company, when is it fine to publi…
- [The “get rich quick” AI moment](https://hypertext.fyi/the-get-rich-quick-ai-moment.md) - Hi everyone, I can’t believe it’s June already. Which means summer is right around the corner! I’d like to thank Box once again for supporting Hypertext as its very first sponsor. Feel free to share this email with a friend, it really helps 💌 Sign up here. The “get rich quick” AI moment I started…
- [The metered AI era](https://hypertext.fyi/the-metered-ai-era.md) - Hi everyone, I hope you had a nice week despite the intense heat wave that is currently happening. I’d like to thank Box once again for supporting Hypertext as its very first sponsor. Feel free to share this email with a friend, it really helps 💌 Sign up here. The business model finally caught up…
- [The developer’s melancholy](https://hypertext.fyi/the-developers-melancholy.md) - Hi everyone, I’m back in Paris just in time for this warm, summer-like weekend ahead. I’d like to thank Box once again for supporting Hypertext as its very first sponsor. Feel free to share this email with a friend, it really helps 💌 Sign up here. Developers as train dispatchers There’s an old say…
- [The art of the second act](https://hypertext.fyi/the-art-of-the-second-act.md) - Hi everyone, I’m writing this from the lovely city of Bristol where I’m spending a few days. Before we jump into this week’s newsletter, I’d like to thank Box for supporting Hypertext as its very first sponsor. Feel free to share this email with a friend, it really helps 💌 Sign up here. Why AI is…
- [Why robotic hands matter](https://hypertext.fyi/why-robotic-hands-matter.md) - Hi everyone, I hope you’re having a good week so far. Feel free to share this email with a friend, it really helps 💌 Sign up here. The upper hand When AI researcher Yann LeCun left Meta and went on a press tour to build momentum for AMI Labs, one of his talking points was that Silicon Valley had b…
- [Aleph Alpha’s ambitions](https://hypertext.fyi/aleph-alphas-ambitions.md) - Hi everyone, I hope you’re enjoying a long weekend if May 1st is a holiday where you live (sorry, British friends, but I believe you get Monday off instead?). Feel free to share this email with a friend, it really helps 💌 Sign up here. What can we learn from Aleph Alpha’s trajectory? In the race t…
- [The AI Gatekeepers](https://hypertext.fyi/the-ai-gatekeepers.md) - Hi everyone, I hope you had a nice week so far. This week, I ended up writing a lot about sovereignty, a word that means a lot of different things. So I’m tackling it from different angles. Feel free to share this email with a friend, it really helps 💌 Sign up here. It took me a while to understan…
- [What is ARR anyway?](https://hypertext.fyi/what-is-arr-anyway.md) - Hi everyone, it’s finally sunny again here in Paris. I hope you like the vibe of this newsletter. Feel free to share this week’s edition of Hypertext with a friend, it really helps 💌 Sign up here. The story that captured my attention this week was an accounting story. And no, it’s not as boring as…
- [Anthropic, the European unicorn ripper?](https://hypertext.fyi/anthropic-the-european-unicorn-ripper.md) - Hi everyone, I hope you enjoy this week’s edition of Hypertext. Feel free to share it with a friend, it really helps 💌 Sign up here. The phrase of the week is clearly a variation of “the new Claude Mythos AI model is so good that it’s too dangerous to release to the public.” Once again, Anthropic…
- [A tale of two narratives](https://hypertext.fyi/a-tale-of-two-narratives.md) - OpenAI just acquired TBPN, the daily streaming show focused on Silicon Valley (if you’re not familiar with TBPN, the New York Times wrote a good profile a few months ago). This is insane news for both the tech industry and the media industry. When you think the story cannot become crazier, the Fina…
- [Hello world, again](https://hypertext.fyi/hello-world-again.md) - Welcome to Hypertext, a brand new site and newsletter written by me, Romain Dillet. While this is a new home for my thoughts, writing isn’t a new thing for me. Over the past decade, I have written thousands of articles for a little known tech news publication called TechCrunch. Tech news has change…

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