SalmanMasaud

CEO, Founder, Australian Gulf Capital, Aurecore, Qintar, Salta

[SalmanMasaud @droidcapitalsm]

@JesseRank @alifarhat79 That 50x number is incorrect. There is massive dilution.

[SalmanMasaud @droidcapitalsm]

@DavidSacks @grok The revenue on the extreme high end though. Not seeing these numbers on ground. This assumes inference as a service not bare metal and that too on the upper end.

[SalmanMasaud @droidcapitalsm]

Been wanting to invest since gtc

[M. V. Cunha @mvcinvesting]

🚨 JUST IN:

$NBIS has agreed to acquire Eigen AI, strengthening Nebius Token Factory as a frontier inference platform.

The deal is valued at ~$643M in stock and cash.

Eigen’s technology maximizes the number of tokens generated by each Nvidia chip Nebius uses, helping the company provide better performance and lower costs to customers.

This matters because inference is becoming the fastest-growing segment of AI compute demand, and optimization is increasingly the layer that determines performance, margins, and customer pricing.

After the deal closes, Eigen AI’s inference and post-training optimization layers will be integrated directly into Nebius Token Factory, which provides enterprise-grade autoscaling endpoints and fine-tuning pipelines across all major open-source models.

The two companies have already delivered jointly optimized implementations of leading open-source models that ranked among the fastest on Artificial Analysis.

$NBIS is not just buying software here. It's also acquiring a team with deep research expertise in model efficiency, quantization, post-training, and production inference, while establishing an engineering and research presence in the San Francisco Bay Area.

[M. V. Cunha @mvcinvesting]

🚨 JUST IN:

$NBIS has agreed to acquire Eigen AI, strengthening Nebius Token Factory as a frontier inference platform.

The deal is valued at ~$643M in stock and cash.

Eigen’s technology maximizes the number of tokens generated by each Nvidia chip Nebius uses, helping the company provide better performance and lower costs to customers.

This matters because inference is becoming the fastest-growing segment of AI compute demand, and optimization is increasingly the layer that determines performance, margins, and customer pricing.

After the deal closes, Eigen AI’s inference and post-training optimization layers will be integrated directly into Nebius Token Factory, which provides enterprise-grade autoscaling endpoints and fine-tuning pipelines across all major open-source models.

The two companies have already delivered jointly optimized implementations of leading open-source models that ranked among the fastest on Artificial Analysis.

$NBIS is not just buying software here. It's also acquiring a team with deep research expertise in model efficiency, quantization, post-training, and production inference, while establishing an engineering and research presence in the San Francisco Bay Area.

[SalmanMasaud @droidcapitalsm]

@EvanWritesOnX Also just to add Chinese customers are as desperate for compute as the U.S. ones. Tencent bytedance Alibaba etc are signing for power contracts across the globe. It’s expected that efficiencies would be created and they would be across the globe. AMD Google TPUs are closing gap

[SalmanMasaud @droidcapitalsm]

@EvanWritesOnX It’s because inference is exploding. And this is yet at 15 percent of ai adoption. On ground reality is completely different. There isn’t enough compute in the market and supply isn’t expected to match demand for the next 5 years in any scenario.

[SalmanMasaud @droidcapitalsm]

@EvanWritesOnX 40 percent of data centre projects are getting cancelled. Grid aren’t able to sustain. Yes technology improvements both software optimisation and hardware optimisation will bring compute costs down but that’s meant to create even worse supply shock.

[SalmanMasaud @droidcapitalsm]

@brian_armstrong Was addicted to age of empires for the very same reason. It was the thrill of building a civilisation stronger and faster than anyone.

[SalmanMasaud @droidcapitalsm]

Completely agree. The future is of the token economy.

[NVIDIA AI Infrastructure @NVIDIAAIInfra]

💡 You’re either a token producer or consumer.

@GavinSBaker, Chief Investment Officer and Managing Partner at @Atreidesmgmt, sets the stage for the next phase of tokens and how they will be an incredibly vital asset for businesses.

📺 Watch the full #NVIDIAGTC Live Pregame Show: https://t.co/iplwph685c

[SalmanMasaud @droidcapitalsm]

We can see an example of this in the Wework/flow case. Some brilliant founders and ideas are marginalised because they don’t appease to the kingmakers or don’t belong to a certain community.

[Dan Gray @credistick]

Why does the venture industry produce fewer, larger outcomes today?

A major contributor is the idea that giving a company more money means better odds of success, incentivising herd behavior.

Anointed companies are foie grased with capital, while many perfectly viable alternatives are abandoned.

This fallacy of “kingmaking” is a result of selection bias. Investors have seen great companies raise a lot of capital, and have mistakenly concluded that raising a lot of capital produces a great company.

The reality is illustrated by research looking at funding from pre-seed all the way to IPO, and a range of principles related to risk management and optionality.

More money means more risk; capital efficiency is crucial to real innovation.

Investors can inflate valuations by incinerating cash, but the ultimate outcomes are weaker; hollow giants.

“I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out.”
- @JeffBezos, Founder of @amazon

[SalmanMasaud @droidcapitalsm]

Totally unrelated. No conflict of interest here. In Australia we just overcomplicate things with regulations 🤣🤣

[Peter Girnus 🦅 @gothburz]

I am a Web3 Ambassador at World Liberty Financial.

There are 12 of us on the team page. 4 are named Trump. 3 are named Witkoff. The page calls us "the passionate minds shaping the future of finance."

600,000 wallets bought our memecoin. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before the inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC. I did not choose the names. I designed the allocation, the vesting, the timing, and the distance between the product and the President.

The distance is my best work.

I am the reason these events are unrelated.

World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC. That is the family entity. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14. The lawyers bound it in white leather. The binding cost more than the due diligence.

Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated.

Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin. These events are unrelated.

Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first. These events are unrelated.

Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections. These events are unrelated.

Everything is unrelated. I track the unrelatedness on a dashboard I built. The dashboard has 7 columns now. I am proud of the dashboard.

On May 22nd, 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat. He visited the Executive Office Building the day before. I designed the seating chart. I put it on the Investor Confidence page. That page is doing well.

The team page lists 3 Witkoffs. All 3 are Co-Founders.

Steven Witkoff is the President's Middle East envoy. He testified as a character witness at the President's fraud trial.

His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded.

The father runs the diplomacy. The sons run the platform. The family runs both. That is organizational efficiency.

Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest "complete nonsense." Eric launched a Bitcoin mining company called American Bitcoin. America First. The mining partner is Hut 8. Hut 8 was founded in Canada. America First means the name.

On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President's family holds billions in Bitcoin. The executive order appreciates the President's assets by presidential decree. I did not write the executive order. I made sure it looked unrelated to the portfolio.

Trump Media put $2 billion of Bitcoin on its balance sheet. The ticker symbol is DJT. His initials. The press secretary said it is absurd to insinuate the President profits off the presidency. Forbes calculated his crypto holdings exceed the combined value of Mar-a-Lago and Trump Tower. I would call that absurd too. That is my job.

600,000 wallets bought in. 1 of them asked why she could not withdraw her funds. I told her the protocol was experiencing dynamic market conditions. She asked what that meant. I sent her the Gold Paper. She said she had read the Gold Paper. I muted her channel. Dynamic means the conditions change. The condition that changed was her access.

A congressman called us the world's most corrupt crypto startup operation. We put it on a coffee mug. Ironic merchandise. $45. The revenue split on the mug is also 75/25.

My own tokens vest on a different schedule. I wrote that schedule. That is not in the Gold Paper.

The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the executive orders. The executive orders inflate the assets. The assets fund the family.

I am the reason these events are unrelated.

[SalmanMasaud @droidcapitalsm]

@Lowkey0nline He is complicit in genocide and was pivotal in spreading lies that formed the basis of the atrocities and once the dust settles he should be investigated. As a society we can’t let these scavengers get away with heinous crimes @Lowkey0nline media was/is complicit!

[SalmanMasaud @droidcapitalsm]

@mohammed_hijab Actually a smart idea. It serves well from all perspectives. Solves for Iran’s excuse of attacking the GCC for having US bases. Provides for the security GCC needs from both Israel and Iran. US can extract its benefits through its pakistani proxy. Pakistan also wins financially.

[SalmanMasaud @droidcapitalsm]

@ItzSuds @grok what company could this be?

[Omid Malekan @malekanoms]

Patrick (and by extension, @nic_carter) are correct. Stablecoin issuers will end up paying out all of their yield, one way or another. This will put a lot of pressure on banks that don't. They'll have to pay up.

The fact that banks don't pay competitive interest on deposits was never a pre-ordained optimal design for the economy. It was more of an accident of history, fueled by the lack of better technology and regulatory moats. Today, it's more of a policy decision.

The banking lobby argues this impedes credit creation, but banks are not non-profits. They make money from not paying more on deposits. So bank profits will have to go down.

The world doesn't yet recognize how economically impactful such a change will be. In its most recent earnings, JPM forecast $95 billion in net-interest margin income for the next 12 months. That's more than half of its 2024 revenues.

BoAs NIM is in the $60 billion range, Citi somewhat lower. Not all of it will disappear due to stablecoins, but most might, eventually.

Put together, I'd estimate a quarter trillion dollars that may someday not go to bank shareholders. The world is not ready for the economic impact of this - we are talking some of our largest and most profitable corporations.

More importantly, the quarter trillion that doesn't go to banks will go to corporations and individuals, the depositors. Imagine the economic impact of this - a massive stimulus if there ever was one.

But of course stablecoins aren't just desirable because they'll pay yield, they also offer instant settlement. The eventual disappearance of delayed settlement is another way stables will deprive banks and other payment providers--including Stripe--of income and give it back to customers.

For example, the US Government pays around $1.5 trilloin in social security benefits annually. Most of it goes out via ACH (T+2 business days), some of it via even slower methods like prepaid debit cards and checks.

That's $1.5 trillion dollars, the yield on which does not go to the US government or retirees, for several days a year. We are talking billions in profit for the banking system and card issuers.

Same goes for the even larger amount paid by all corporations in payroll, the lost float on your rent payment, wires that take 3 days to settle, etc etc.

The current architecture of banking and payments is predicated on someone else getting the yield on your money for some period of time, and charging you transaction fees on top of it for the privilege of not getting yield. Many FinTechs offer faster settlement, but for an additional fee.

The payments industry, which includes banks, has over $3 trillion in annual revenues. Thanks to stablecoins, but really public permissionless blockchains, some substantial percentage of that will someday stop going to the payments industry and instead go back to payers and payees.

One of the largest sources of economic rent, eliminated.

The world is not ready for this. But it will be glorious.

[SalmanMasaud @droidcapitalsm]

This is the future of currencies.

[Antonio García Martínez (agm.eth) @antoniogm]

The argument that stablecoins will replace bank deposits as the primary form of retail liquidity is correct: Why have a bank account when I can hold USD{T,C,etc} and make more than a savings account?

But the one hitch in the plan of replacing banks with stablecoins backed by shared trading fees and onchain lending/earning pools is the real miracle of banking: fractional reserve lending, and the resulting credit expansion that literally ‘makes’ money out of accounting thin air.

We might think it fake, but it’s created the modern world. There��s still no real ‘under-collateralized’ lending in crypto whereby credit is extended and now the economy has two dollars on the balance sheet instead of one.

Feels to me crypto will have fundamental liquidity problems until that’s resolved. Any economy with poor (or no) credit markets has never produced a high-GDP country.

The only answer crypto seems to have here is the implicit ‘credit’ of token liquidity, whereby paper (pixel?) value is created out of speculative shared belief in some venture’s future (though easily conflated with memetic bubbles; memecoins being the most nihilistic example).

The equity markets have that too of course, but note how the bond and credit markets still tower over the equity markets in scale: Most wealth in the world just doesn’t have that risk appetite, and expects to be first in line when things go south (assuming there’s any real value to recover in bankruptcy, a concept unknown in crypto).

The reality is unless we bridge the real-world recourse of courts and jails to the blockchain, it’s unlikely anything like a credit market would emerge onchain. Meaning crypto will never be more than token markets that resemble either revenue-sharing payment systems, and/or capital markets for equity levels of risk (and at worst, speculative and largely pointless attention markets).

[SalmanMasaud @droidcapitalsm]

This is gut wrenching to listen to.

[Drop Site @DropSiteNews]

Mothers in Gaza hand-pump air into their children’s lungs because Israel blocks ventilators from entering hospitals. In panic, they sometimes pump too hard, causing the lungs to explode. “The reality of everyday in Gaza,” said British-Palestinian doctor Muhammad (Mo) Mustafa.

[Amjad Masad @amasad]

AI agents can prototype apps… But shipping real software takes hours of testing, debugging, and refactoring.

Agent 3 is 10× more autonomous — it keeps going where others get stuck.

The “Full Self-Driving” moment of software.

[SalmanMasaud @droidcapitalsm]

@victorcardenas @base Hey mate can we convert usd to usdc with no fees? Also if we are a uae based company opening a business account, do we pay taxes in US for using this account? Finally you mentioned if our account gets frozen you will pay 10k, not very helpful if our account is in millions