A big step for Robinhood Securities and IPO Access. I'm really proud of the progress we've made in opening up access to IPOs for retail investors and this will only further the momentum.
$AVGO launched its AI XPV platform with $APO and $BX to help deploy more than 20GW of AI compute capacity by 2028.
The first $35B tranche will back Anthropic’s 1GW+ AI infrastructure buildout using Broadcom XPUs and networking.
Robinhood Securities is now approved to serve as an underwriter.
Since IPO Access launched in 2021, we've watched retail go from an afterthought to a key part of how companies plan an IPO. The question changed from "why allocate to retail at all?" to "how big can the allocation be?"
Becoming an underwriter, and not just a selling group member, is the natural next step to better serve our customers and our issuers.
We intend to be disruptive in this space.
Robinhood Securities is now approved to serve as an underwriter.
Since IPO Access launched in 2021, we've watched retail go from an afterthought to a key part of how companies plan an IPO. The question changed from "why allocate to retail at all?" to "how big can the allocation be?"
Becoming an underwriter, and not just a selling group member, is the natural next step to better serve our customers and our issuers.
We intend to be disruptive in this space.
BREAKING: China is spending $295 billion to replace Nvidia with Huawei across its entire AI infrastructure.
China announced today it will build a nationwide AI data center network over the next 5 years operated by state firms China Mobile and China Telecom.
At least 80% of all AI chips must come from domestic suppliers, primarily Huawei. Nvidia and AMD are locked out by design.
Jensen Huang confirmed this last month. "We've largely conceded that market to them," he told CNBC. China once accounted for at least 20% of Nvidia's entire data center revenue. That market is now gone.
Huawei's new Ascend 950PR chip already outperforms the only Nvidia chip Washington allows China to buy, the H20 by 2.8 times.
ByteDance has committed $5.6 billion to Huawei chips in 2026 alone. Alibaba and Tencent have placed significant orders on top of that.
The $295 billion is just the government portion. Private spending by Alibaba, Tencent, and ByteDance is separate. When power grid integration is included, total projected investment reaches at least $800 billion by 2030.
For context, the US committed $725 billion to AI this year alone. China is building its entire AI infrastructure without a single Nvidia chip.
Rocket Lab's Sir Peter Beck on
Venus, Mars, and life on other planets:
"In our lifetime I think we will prove - whether it's Rocket Lab or somebody else - that there is life outside of Earth"
$RKLB 🚀👽👾
Physicians are not burned out because medicine is hard.
Medicine has always been hard. That is not new.
We are burned out because the things making it harder have nothing to do with medicine.
Fix the system. Keep the physicians.
Physicians are not burned out because medicine is hard.
Medicine has always been hard. That is not new.
We are burned out because the things making it harder have nothing to do with medicine.
Fix the system. Keep the physicians.
$ASTS plans to launch BlueBird 8, 9 and 10 aboard $SPCX Falcon 9 on June 17.
The next-gen satellites are expected to deliver nearly 2x faster peak speeds and support voice, data and video directly to standard smartphones.
“Launch is access to space and if you don’t have access to space, everything else is irrelevant.”
Peter Beck joins @edels0n to talk about what it means to be an end-to-end space company, the biggest challenges in space that need solving, and what the industry will look like over the next decade.
📺 Watch: https://t.co/MAqNhIqCKG