LibCapital

G10 FX, UK, US and European equities.

Re-tweets/likes not always endorsements. Entirely opinion. No financial advice.

[The Sci-Tech Guy @theSciTechGuy]

Boston Dynamic just raised the bar again...

[Basha باشا @BashaReport]

A group of options traders in Gaza joking about how finance influencers on social media are surrounded by Lamborghinis, waterfront mansions, luxury vacations, and six-figure trading accounts, while they’re trading from a rooftop with slow internet, post-war destruction in the background, and accounts so small they celebrate single digit gain. Funny, self-deprecating, and unexpectedly moving. A reminder that resilience isn’t about perfect conditions. It’s about showing up anyway.

[Citrini @citrini]

Robotics likely won’t have a “chatGPT moment” until we’re well into the industrial ramp for the next gen of automation, meaning you’re getting a nice opportunity to be long improving fundamentals right now and the catalyst of widespread attention is still waiting in the wings.

[Manchurius Hao — Greeks.live首席赌狗 @AntonLaVay]

$vicr 是Cerebras的好基友 ，因为：

这是我周末研究的，但是当时我没仓位不想发。

$vicr 是一家技术路线特极端的公司， $cbrs 也是 - - Cerebras 把 23kW 全部集中在一颗芯片上，而 NVDA 把同样功率分散在十几颗 GPU 上。

$cbrs 的极端

主流路线（NVDA、AMD、Goog TPU or 一些别的）：把芯片做小，用先进互连和封装把许多芯片连起来，chiplet、CoWoS、NVLink、InfiniBand、CPO。

Cerebras 反过来：把整片晶圆当一颗芯片用，把互连和内存全部吃进硅片里。

$VICR 的极端

主流路线（MPS、ADI、Infineon）：做横向供电模组，放在芯片旁边的 PCB 上，渐进改良电流密度。

Vicor 反过来：把电流转换的最后一级塞到芯片正下方 1.5mm 内，用 40 倍电流倍乘改写整个供电拓扑。把高电流的模组塞到处理器正下方的散热区，非常疯狂。

Cerebras 把所有难题都内化进了硅片里（互连、内存），唯一甩出来的难题就是怎么给一颗 29,000 安培的芯片送电。 这是它把工程难度推到极致后，唯一无法在硅片内解决的剩余问题。

Vicor 二十年前就开始押注“未来芯片会需要把电源塞到芯片正下方”。当时没人需要，那是技术正确但市场不存在的赌注。

Vicor 熬了 20 年，熬到 Cerebras 这种极端架构出现，Vicor 的极端解才有了极端需求来匹配。

这不是普通的客户-供应商关系。这是两个押注极端路线的公司，最终在物理学层面被迫互相寻找。

[Citrini @citrini]

3 months ago we posted an article that was predicated on model capability doubling every 6 months and people said it was too unrealistic…

[SemiAnalysis @SemiAnalysis_]

Ex-OpenAI Tech Lead, Justin Lebar joins SemiAnalysis as an Visiting Fellow to Burn $10,000 in 3 hours to find dozens of AMDGPU LLVM, x86 LLVM, NVPTX bugs

00:00 - Intro & Justin’s background
00:59 - How compiler fuzzing works
01:56 - Why we did this project
02:48 - The gap in GPU vs. CPU compiler testing
04:13 - The major AMD & x86 bugs we found
05:38 - Using LLMs to read code & find vulnerabilities
07:56 - The impact of UltraCode mode
12:18 - Doing this without AI (Time & manual limits)
15:03 - The future of AI in software development
16:17 - What’s next + key takeaways for devs

[LibCapital @Lib_Capital]

UBS raises $VGNT target to $58 from $49

[LibCapital @Lib_Capital]

Been adding $VGNT.

Market’s still valuing it at only 0.38x 2026E revenue while AI infra names continue getting bid.

Feels mispriced vs peers.

[LibCapital @Lib_Capital]

Been adding $VGNT.

Market’s still valuing it at only 0.38x 2026E revenue while AI infra names continue getting bid.

Feels mispriced vs peers.

[a16z @a16z]

World Labs CEO Dr. Fei-Fei Li: "The world is not made of words."

"Language models have given machines an extraordinary command of concepts, vocabulary, and reasoning, but the physical world, virtual or real, runs on a different substrate."

"Where language models learn the statistical structure of text, world models learn the statistical structure of space and time: how light falls on a surface, how a garden looks from an angle no camera has captured, how objects respond to force and follow the laws of physics."

"Language gave machines a way to talk about that world. World models are how machines will finally come to understand, imagine, reason and interact with it."

Full piece: https://t.co/C9qOJg5wuc

[LibCapital @Lib_Capital]

The road to next gen vertical power delivery runs through $VICR.

VICR is the bottleneck.

[Joe @joedab12]

$VICR ceo is basically saying the theft of vicor ip can screw up the whole ai supply chain. And you think Vicor is “expensive” after this runup. All you had to do was read my posts for the last 9 months. Going MUCH higher

[Ihtesham Ali @ihtesham2005]

A guy named nbatman on Reddit accidentally built the most useful website on the internet.

It's called FMHY (Free Media Heck Yeah).

This is the website Google delisted from search for DMCA violations, Reddit shadow-banned for promoting piracy, the Motion Picture Association flagged as a top piracy threat, and the RIAA pressured hosting providers to drop. It is still online. It is still updated every month.

Here's how it works.

FMHY is the index. The wiki itself hosts nothing. It just tells you where every free thing on the internet actually lives, organized into 14 categories with safety ratings on every single link.

→ Movies and shows in 4K from 50+ streaming sites
→ Music at Spotify and Apple Music quality
→ Adobe Creative Cloud, Microsoft Office, AutoCAD, JetBrains
→ Every paid course on every major learning platform
→ 100 million books and papers through Anna's Archive
→ Free alternatives to every paid AI tool
→ A SafeGuard browser extension that flags unsafe sites in real time

It started as a single Google Doc maintained by one Reddit moderator in 2018. Google killed it with a DMCA takedown in 2023.

The community rebuilt the wiki on its own domain, mirrored it to GitHub and IPFS, and now runs it across 12 backup domains simultaneously.

There is no company. No CEO. No central server. Six anonymous volunteers maintain the entire thing in their spare time. Donations through Ko-fi pay for the hosting. Nobody profits.

Hollywood can't shut this down. Spotify can't shut this down. Adobe can't shut this down.

The entire subscription economy is held together by you not knowing this wiki exists.

https://t.co/AAr2rLlqgy

[LibCapital @Lib_Capital]

@BrokeDadCapital @aleabitoreddit Second $VICR. Here are some standout points from the latest earnings call:

https://t.co/EV5nT4Oz6k

[LibCapital @Lib_Capital]

Some interesting snippets from $VICR's recent earnings call.

The co is really head and shoulders above the competition. Appears to be a true leader in its field with the IP to prove it.

Shout out to @joedab12 for his great research on the name.

[AdiiX @adiix_official]

ONE GITHUB REPO AND $5 BILLION IN 5 YEARS.

Two guys from New Zealand took open-source code and built the backend now powering Netflix, Microsoft, Coinbase, and Uber.

Paul Copplestone CEO and co-founder of Supabase breaks down in 46 minutes how they actually pulled it off.

save this and watch it.

[Calum E. Douglas FRAeS @CalumDouglas1]

My old boss Derek at Mercedes AMG F1 engines in Brixworth, has written a maths intro textbook to explain maths to normal humans. He`s done this just for fun because he cant believe that everyone doesnt understand mathematics.

I`m getting a proof-copy in the next couple of days to review, it wont be available to buy until we`ve been through the proofs.

(Will report back)

Most importantly to all those studying and in school, do not listen to any nonsense about AI doing this all for you.

If you want a proper technical career, this is what you need to get into, and yes, today, if its a high end firm, your boss may be the sort of person who writes textbooks for fun. Learn maths !

[LibCapital @Lib_Capital]

Quick trade in $INFQ this morning - profits straight to $VICR.

[Physics In History @PhysInHistory]

The Galton Board demonstrates the Central Limit Theorem by showing how steel balls, as they pass through levels of branching paths, consistently form a bell curve distribution. This illustrates how random processes tend to cluster around the average.

[LibCapital @Lib_Capital]

$VICR price action today seems to be driven by opex

[LibCapital @Lib_Capital]

$VICR

[Macro_Lin ｜ 市场观察员 @LinQingV]

功率半导体站在一轮新周期的起点。

[LibCapital @Lib_Capital]

Some interesting snippets from $VICR's recent earnings call.

The co is really head and shoulders above the competition. Appears to be a true leader in its field with the IP to prove it.

Shout out to @joedab12 for his great research on the name.