Max Wolff

#Economist in #NYC. Co-Founder at @systematicventures. Can be found on @CNBC, @BloombergTV,@WSJ, @CBSNews, @Reuters, @BBC

[Systematic Ventures @Systematic_V]

Cerebras goes public at $22-25B (CBRS).

WSE-3: 57x larger than H100. 20x faster inference. $10B OpenAI deal anchors the IPO. AWS cloud next.

The private window on AI chip infrastructure is closing. @cerebras

[Systematic Ventures @Systematic_V]

The NYSE's parent committed $2B to a prediction market on Ethereum.

$1B → $9B → targeting $20B. All private. Under 12 months.

That's not a crypto bet. It's an infrastructure call.

@Polymarket
@NYSE
@BitMNR
$BMNR $ETH

[Systematic Ventures @Systematic_V]

Databricks just closed $7B at $134B. $5.4B ARR. Growing 65%. FCF positive.

Still private.

Public markets set the multiple at IPO. The value creation happens before the ticker exists.

@databricks

[Systematic Ventures @Systematic_V]

$950M into industrial robotics in 48 hours. Largest single week on record.

@rhodaai : $450M, $1.7B. Mind Robotics: $500M, $2B.

Physical AI is at the LLM moment of 2020-21. Investors who can read hardware see the next one at $150M. Everyone else finds out at the IPO.

[Systematic Ventures @Systematic_V]

SpaceX is targeting a $1.75T IPO — the largest in history.

The investors who made money on this bought early in private markets.

The next one is still private.

@SpaceX

[Systematic Ventures @Systematic_V]

AMI Labs, Yan LeCun, $1.03B seed round. No product. No revenue. Just a thesis: transformers can't reason about the physical world.

Nvidia and Bezos wrote that check anyway. Either the most important AI architecture bet of the decade or an expensive wrong turn.

[Systematic Ventures @Systematic_V]

250K GitHub stars in 60 days. Beat React's 10-year record. OpenAI hired the creator.

OpenClaw itself isn't investable. The foundation closed that door.

But the Docker/Kubernetes pattern holds: private market alpha lives in the application layer.

@openclaw

[Systematic Ventures @Systematic_V]

Swarmer IPO'd at $5. Hit $27.61 by midday. 452% first-day gain.

FPV drones cost under $500. The Pentagon put a $100M competition on the software that commands hundreds of them at once.

Hardware commoditizes. Orchestration doesn't.

@SwarmAero $SWMR @SpaceX

[Systematic Ventures @Systematic_V]

30+ autonomous boats delivered to the U.S. military. $85M raised. Now expanding to air and land.

Havoc is running the Anduril playbook. Congress earmarked $3.1B for unmanned vessels.

Defense autonomy alpha is at the Series A.

@HavocAi_USV

[Systematic Ventures @Systematic_V]

Moonshot AI: $4.3B in January. $18B this week.

Not just a revenue story. They published an architecture paper that moved ML benchmarks 5-7 points. Investors are pricing research moat.

Research-moat companies vs. commodity inference. That spread is widening.

@Kimi_Moonshot

[Systematic Ventures @Systematic_V]

ICE bet $2B on Polymarket at $9B. NYSE's parent just called prediction markets financial infrastructure.

From $350M (2024) to $11.6B (2026). All private.

Founders Fund's $1.2B round? Nearly 10x in 12 months. Investors outside the network never saw the deal.

@Polymarket

[Systematic Ventures @Systematic_V]

NVIDIA launched NemoClaw at GTC 2026: enterprise security built on top of OpenClaw.

40+ startups spent 60 days building "enterprise-ready OpenClaw." That pitch just got harder.

Real vertical IP has a path. Security wrappers as a standalone product — less obvious.

@nvidia

[Max Wolff @MaxFWolff]

I just subscribed to In the Margins https://t.co/ZZEWINbDbO

[Max Wolff @MaxFWolff]

Russian exit from Ukraine grain deal ‘catastrophic’ for poor nations https://t.co/1driOCZYnI

[Max Wolff @MaxFWolff]

. #Lula defeats #Bolsonaro to again become Brazil's president https://t.co/yBF5pgYfDq

[Shannon Watts @shannonrwatts]

If Herschel Walker were a woman who had an abortion, he would have lost the support of the Republican party and voters. But because he’s a man, he can abet an infinite number of abortions and still win a seat in the US Senate, where he’ll strip women of their reproductive rights.

[Max Wolff @MaxFWolff]

sad to see how extreme the #SCOTUS has become. full assault on rights on civil society standards is terrible for #America

[Keith Rabois @rabois]

Looking to fund IRL startups.

[James Elder @1james_elder]

Sofia has been surviving in bunkers, a train, & a shelter. Her mum & cat are all she has. With nothing to carry her cat, Prianka, in, Sofia was terrified they'd be separated. It all added to Sofia's stress. A @UNICEF #Ukraine colleague found a bag for Prianka today.😇

[National Hurricane Center @NHC_Atlantic]

Hurricane #Henri Advisory 24A: Henri Moving Quickly to the North-Northeast. A Dangerous Storm Surge, Hurricane Conditions, and Flooding Rainfall Expected in Portions of the Northeast United States Beginning Late Tonight Or Early Sunday. https://t.co/VqHn0u1vgc