The AI supercycle just hit a wall. A trillion-dollar chip stock wipeout, a $20B hedge fund implosion, and a duopoly begging for regulation to kill competition. The capability race is over. The war for control has begun.

Your single-vendor AI strategy is a major risk. Anthropic's $1.5B settlement for training on pirated books proves the legal liability is real and flows down to you. Their lobbying for an "opensource ban" isn't about security; it's about protecting their valuation from cheaper models. Demand data provenance and architect for sovereignty.