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Building agentic AI, from first principles to the frontier.

Notes and guides on building software that plans, calls tools, verifies its own work, and ships to real users.

431 entries · 6 parts · 26 chapters · Updated 2026-08-21

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Stripe bought the meter, not the router

A payments company paid a reported $7 billion for the layer that counts AI usage, seven months after buying the layer that invoices it. Routing was never the scarce asset — the scarce asset is one normalised record of what every model call cost and who it was for, and if that record lives in your request path you are paying a percentage on every step your agents take.

2026-08-21 · Read the post →

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