Raphaëlle d'Ornano of Decoding Discontinuity, founder and chief executive officer, joins theCUBE Research on AGNT Podcast episode 10 broadcasting from the New York Stock Exchange. d'Ornano analyzes recent developments in artificial intelligence and capital markets and they unpack SpaceX's Form S-1, X's AI ambitions and filings by Anthropic and OpenAI. The conversation examines practical enterprise AI adoption, including compute constraints, advantages of proprietary real-time data and product wedges such as Cursor that facilitate enterprise entry. d'Ornano contends that SpaceX comprises distinct business units and that the Form S-1 leaves the enterprise AI total addressable market unclear, describing it as a "black hole". They emphasize that conviction depends on scalable compute proprietary real-time data and product wedges to enter enterprises. The episode highlights likely market volatility, compute and supply bottlenecks and the importance of hedged investment strategies for investors.