the SpaceX IPO where we were also investors and we also bought in the IPO, I mean, it was textbook. It was a hugely successful IPO. They raised $75 billion at $1.75 trillion.

I talked a little bit about Bitsensor on the program known as TAO, $TAO. It's a crypto project. Somebody who is creating a subnet that is putting GLM 5.2 and other models available at really cheap prices.

Our token costs are doubling every 45 days... My upside is essentially flat... you need to use a lot more tokens to get to this next iteration of improvement because we've effectively already asymptoted.

OpenAI's kind of got its swagger and mojo back. It's coming out just today with a whole new set of models... revenue has really ticked back up. The most recent kind of rumors I see on Twitter is around $70 billion next year.

If they exit the year at $100 billion, that means their GAAP revenue next year could be well over $100 billion. So based on the SpaceX success, I think it would be a blockbuster IPO.

the throttle, paradoxically to all of this, might not be the software, might not be the chips, it might be energy.

there is not a single country in the world that is not trying to figure out its own sovereign AI strategy. And I don't think they believe using a closed-source American model is the answer.

if this succeeds and Brad does as he's been instructed by the president, We're going to go from 50% of people owning equities in the country to as much as 70%, maybe even 75% of the country having access and for the first time being part of equity nation.