The adage that keeps surfacing in today’s AI environment: “Make hay while the sun shines.” That’s especially true in AI M&A and Funding. With three mega AI IPOs each targeting trillion-plus valuations teed up for later this year. When mega-IPO math is...

HFT Jane Street Group crushed it in 2025. (bloomberg.com) HFT firms are investing big in compute. (wsj.com) Prediction markets A Special Forces solider was arrested for insider trading on Polymarket. (wapo.st) Now Wisconsin is suing the major...

So many AI balloons being floated in Elon Musk’s SpaceX/xAI confidential IPO S-1 filing. Especially driven by xAI/Grok’s AI priorities over SpaceX/Starlink. Let’s unpack. Regular readers and listeners of AI-Reset to Zero (AI-RTZ) and AI Ramblings...

Two big model releases inside a single week — OpenAI’s GPT-5.5 (”Spud”) and Anthropic’s Opus 4.7 + Mythos preview — shipping into a market where both companies have mega-AI IPOs on the horizon. IPO prep is the new throttle. When you’re writing the S-1...

Good morning everyone… Our seed investing firm Social Leverage has been using AI to automate as much of our day to day lives running the business – deal sourcing, diligence, investing and reporting. We take pride in being a lean operation. We want...

ETFs The Roundhill Memory ETF ($DRAM) has quickly garnered more than $1 billion in AUM. (wsj.com) Eric Balchunas and Joel Weber talk with Bloomberg Intelligence semiconductor analyst Jake Silverman about the growth in $DRAM. (bloomberg.com) Prediction...

Books Ezra Klein talks with Ray Madoff, author of “The Second Estate: How the Tax Code Made an American Aristocracy.” (podcasts.apple.com) An excerpt from Megan Garber’s new book, “Screen People: How We Entertained Ourselves Into a State...

Google is pressing ahead on its core vertical stack advantage with its TPU (Tensor Processing Units), AI chips. It’s an advantage vs peers, including Nvidia. As I’ve discussed at length in earlier posts. Now Google is advancing its TPU chip architecture...

Three AI stories landed in one news cycle on April 21 — a pre-IPO M&A bet on AI coding, OpenAI’s return to images inside ChatGPT, and a top global law firm formally acknowledging AI hallucinations in its own work product. Each lands on the same...

ETFs There are now nearly 50 ETFs with AI in the name. (morningstar.com) A look at the ETF provider ‘shelf space’ debate. (ria.disciplinefunds.com) Trading HFT firms keep finding new ways to grow and make money. (giftarticle.ft.com) Kalshi...