What is AT&T?

AT&T found that using a model router for AI coding cut costs by 56% while quality dropped only 2%.

“For AI coding Austin said that the use of a router has decreased cost by as much as 56% while quality only fell 2%.”

Andrew Granato on how regulators cannot block risky private credit once it gets a top rating.

“Once you obtain a rating saying this asset is 10 out of 10 safe, the regulator has no ability to tell you that you cannot hold the asset even if it's a private credit loan or it's like a AAA loan to AT&T.”

AT&T already routes 40% of employee AI queries through open models and plans to raise that to 60 to 70%, while holding OpenAI and Anthropic spend flat.

“The vast majority of AT&T's AI use is internal and the company claims that they are already using open models to service 40% of employees AI queries. They plan to ratchet that percentage up to between 60 and 70% over the coming years.”

Because regulators treat all assets with the same risk rating as equivalent, they cannot restrict insurers from holding private credit loans even if private and public loans of identical ratings default at meaningfully different rates.

“Once you obtain a rating saying this asset is 10 out of 10 safe, the regulator has no ability to tell you that you cannot hold the asset even if it's a private credit loan or it's like a AAA loan to AT&T.”

The biggest spenders in the 1999 to 2000 telecom boom were large enterprises like AT&T, Merrill Lynch, Bank of America, and Coca-Cola, not dot-coms or fiber companies.

“The biggest spenders back then is a myth by the way the biggest spenders back then were enterprises were big companies like AT&T Maril Lynch Bank America Coca-Cola who were networking their equipments to talk to each other.”