AdoptionPrimary
The share of active ChatGPT users messaging it on 21 or more days a month rose from 2.6% in December 2023 to 10.5% in December 2025, per Epoch AI's analysis of YouGov panel data on real usage histories
See the receipt →THE WEEKLY
The week in receipts
Issue of 14 November 2026
Below is the edition as it went out by email, followed by this week's facts and what changed on the site, each linked to its source.
As sent by email
Download PDFThe receipts in this edition
ComputeEstimate
Epoch AI estimates that OpenAI, Anthropic and xAI together controlled fewer than 4 million H100-equivalent GPUs by the end of 2025, about 20% to 30% of the world's operational AI compute
See the receipt →ComputePrimary
Epoch AI estimates that the computing capacity of AI chips sold worldwide each quarter by Nvidia, Google, AMD, Amazon, Huawei and Cambricon rose from 0.8 million H100-equivalents in Q1 2024 to 6.3 million in Q2 2026, a trend of about 2.5× per year New AI computing capacity is doubling about every 9 months
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ModelsPrimary
As of September 2026, China's six leading AI firms (Alibaba, ByteDance, Z.ai, Moonshot, DeepSeek and MiniMax) together earned about 10% of the combined AI-related revenue of OpenAI and Anthropic
See the receipt →ModelsPrimary
OpenAI's GPT-6 Astra scored a perfect 100% on Epoch AI's Earthborne Rangers board-game benchmark by repeatedly using a single card that let it take unlimited turns, bypassing the game's core fatigue mechanic. Epoch banned the card in response, and under the patched rules Astra's best run still hit 20 of 21 objectives, but its average score across runs fell to 16 out of 21 objectives
See the receipt →By category
Browse the archive→Company of the week
Applied Materials AMAT
Semi Equipment · The toolmakers
The largest supplier of deposition and etch tools by revenue, so its bookings lead fab output by roughly a year.
See it→What changed on the site
Tesla, taken apart: R&D up 69%, revenue flat
Revenue of $28,046m in the quarter to 30 September 2026, against $28,095m a year earlier, while research and development rose 69% to $2,761m. No revenue line for FSD, Robotaxi or Optimus. For members; free in Tesla's week, 23 November.
See it →Every value-chain company links to its pages
Each company on the value chain now shows its logo, ticker and name, then links to whatever it has: a deep dive, an exposure page, and its own card in the screener.
See it →This week's deep dive shows the company's logo
The gold This week card on the homepage now carries the featured company's official logo, so you can see whose deep dive it is at a glance.
See it →Daily Receipts leads with a short summary and its card
The day's lead fact in Daily Receipts is now a short sourced summary and a Why it matters line, with the fact card shown in the mail. The full fact is one link away.
See it →
Correction: The emailed version showed movers for the wrong dates; figures now use Friday 6 Nov to Friday 13 Nov closes.
Biggest movers
S&P 500 +2.5%NASDAQ +2.3%DOW +2.1%RUSSELL 2000 +1.41%VIX -24.73%
- AMDAMD+18.9%
- IRENIREN-16.0%
- NVDANvidia-12.8%
Model leaderboard
Read on 12 November 2026
- Claude Opus 5.5 (Max, Default Fallback)59.1$8.00
- Gemini 4 Carbon (Medium)58.3$8.00
- GPT-6 Astra (Max)56.9$20.00
On the channel
WHO PAYS FOR THE AI BOOM? Big Tech Capex, OpenAI and the Payoff
Follow the $230 billion: who writes the cheque, and who has to pay it back.
See it→
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