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I'm fascinated by the idea of having a TPM without any on-board storage for it to use. How do you propose that would work?

If you're willing to accept stateful storage for the TPM then I agree this is straightforward, but then I don't think the "stateless device" has been achieved. If you're willing to trust the TPM's storage then you could have just used that to establish trust for everything (which is the status quo on chromebooks).

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As described in the article, PTT includes a TPM running on the ME. The CPU loads the ME firmware (which is validated against a key on the ME), then starts executing the rest of the firmware (including copying measurements to the TPM).

So it just boils down to TPM-protected encrypted storage? That obviously works (because it's how a bunch of devices work today), but it's a lot less exciting... if you can set up a full TPM stack for sealed storage (which we don't have on consumer linux today :( ) then I don't see what attacks this "stateless laptop" defends you against that the TPM doesn't already handle.

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