Core Viewpoint - CoreWeave, Inc. has announced a partnership with Poolside to enhance AI cloud services aimed at developing artificial general intelligence [1] Company Summary - CoreWeave will provide a cutting-edge cluster of NVIDIA GB300 NVL72 systems, featuring over 40,000 GPUs to support Poolside's initiatives [1]

Core Insights - OpenAI and Broadcom have formed a collaboration to develop and deploy 10 Gigawatts (GW) of custom AI accelerators, with OpenAI focusing on design and Broadcom on development and deployment [1][2] - The partnership aims to enhance the infrastructure necessary for artificial general intelligence, with Broadcom's CEO highlighting the significance of this collaboration in the AI revolution [2] - OpenAI's strategy to design its own hardware will enable the application of technical insights from advanced AI models to the infrastructure [3] Collaboration Details - The collaboration includes plans for racks that integrate OpenAI's accelerators with Broadcom's ethernet and connectivity solutions, intended for installation in OpenAI's data centers and those of its partners [1][2] - OpenAI's current weekly active user base exceeds 800 million, indicating a broad market reach across enterprises, small businesses, and developers [3] Strategic Goals - The partnership aligns with OpenAI's mission to make artificial general intelligence widely accessible, with the CEO emphasizing the importance of building the necessary infrastructure to unlock AI's potential [4] - The collaboration is part of a broader ecosystem of partnerships aimed at enhancing AI capabilities for the benefit of humanity [4] Financial Context - In September 2025, CoreWeave expanded its agreement with OpenAI, securing a contract worth up to $6.5 billion for infrastructure to support the training of next-generation AI models, raising the total value of contracts with OpenAI to nearly $22.4 billion [4][5]

AI Investment & Market Dynamics - The AI investment frenzy raises the question of whether it's AGI (Artificial General Intelligence) or market collapse [1] - OpenAI's potential $1 trillion infrastructure investment could significantly impact the global economy [1] - The podcast delves into the potential consequences of wagering the global economy on one company's success in AI [1] AGI & Technological Aspects - Discussion on the definition of AGI and factors making it less likely [1] - Examination of the disconnect between AI research and investment [1] - Consideration of Sora and copyright issues [1] Economic Impact & Financial Aspects - Analysis of the economic impact of AI investment [1] - Discussion on AI's contribution to US GDP growth [1] - Exploration of the economic consequences of AI's potential failure [1] Company Specifics - Details on OpenAI's massive computing deals and economics [1] - Information on the OpenAI and AMD deal [1] - Speculation on the future of AI companies' valuation [1]

Core Viewpoint - Nvidia's stock is projected to potentially reach $350 in the coming years, supported by significant earnings growth and a strong position in AI and computing markets [2] Revenue Growth Potential - Nvidia's revenues have nearly doubled in the past year, with an average annual growth rate of about 69% over the last three years, and could continue to grow at approximately 60% annually for the next two years, reaching around $486 billion by FY'28 [3][4] - The company has secured major AI-related agreements, including a $100 billion partnership with OpenAI and a $19.4 billion contract with Microsoft, which will enhance its revenue streams [4] Market Trends and Innovations - The evolution of AI from text-based models to multimodal capabilities is driving demand for more computing power and GPU shipments, positioning Nvidia favorably in the market [4] - The potential development of Artificial General Intelligence (AGI) could significantly increase global GDP growth and create substantial demand for Nvidia's high-performance computing solutions [4] Profitability and Margins - Nvidia's net margins have improved from approximately 25% in FY'19 to around 51% in FY'25, benefiting from economies of scale and a favorable product mix [5][6] - The introduction of high-end products is expected to maintain stable margins, allowing for a potential 3.7x increase in earnings alongside revenue growth [6] Valuation and Earnings Multiples - If earnings increase by 3.7x, the price-to-earnings (PE) multiple could stabilize around 32x, suggesting a potential stock price increase to over $350 [7] - The timeline for achieving this growth is flexible, as long as Nvidia maintains its revenue growth trajectory and stable margins [7]

Core Insights - Advanced Micro Devices (AMD) has formed a strategic partnership with OpenAI, similar to a recent deal made by Nvidia, which has positively impacted AMD's stock and the broader AI market [1][2]. Company Developments - AMD will supply 6 gigawatts of its Instinct series GPUs to OpenAI for its next-generation AI infrastructure, with the first deployment of 1 gigawatt set to begin in the second half of 2026 [3]. - AMD has issued OpenAI a warrant for up to 160 million shares of its common stock, representing about 10% of AMD's total shares, which is valued at approximately $26.7 billion based on AMD's market cap of $267 billion prior to the announcement [4]. Industry Context - The partnership is expected to generate tens of billions of dollars in revenue for AMD and is anticipated to significantly enhance AMD's non-GAAP earnings per share [6][7]. - The deal is seen as a win-win for both AMD and OpenAI, as it secures a long-term supply of GPUs for OpenAI while providing AMD with a substantial customer base [5][6]. - The recent deals in the AI chip market, including those by Nvidia and AMD, are likely to accelerate the development towards artificial general intelligence (AGI) and artificial superintelligence (ASI) [8].

Group 1 - The AI market continues to thrive following the introduction of OpenAI's ChatGPT, with Alphabet's Gemini emerging as a significant player in this space [2][3] - Alphabet's Gemini achieved a groundbreaking outcome by becoming the first AI model to win a gold medal in an international computer programming competition, showcasing its ability to solve complex real-world calculations [4][5] - The achievement of Gemini is seen as a crucial step towards artificial general intelligence (AGI), indicating that AI is progressing towards capabilities akin to human thinking [5][8] Group 2 - Gemini's milestone is compared to IBM's Deep Blue defeating a human chess champion, marking a pivotal moment in the evolution of artificial intelligence [6][7] - The breakthrough of Gemini signals the beginning of a new era in AI development, as it approaches the capacity for original thought, which could have significant implications for the broader AI industry [7][8]

Streetwise: AI investors are exposed to many risks as they chase one big bet: artificial general intelligence. https://t.co/m4xnaWxEhm ...

Streetwise: AI investors are exposed to many risks as they chase one big bet: artificial general intelligence https://t.co/Z2TkwaUPKC ...

Core Insights - Amazon.com Inc. is recognized as a top stock to buy on NASDAQ, particularly favored by hedge funds [1] - The resignation of Karthik Ramakrishnan, a key figure in the development of artificial general intelligence and the Alexa voice assistant, marks a significant change in Amazon's AI leadership [2][3] - Amazon is increasing its investment in AI, having invested approximately $8 billion in Anthropic, which develops the Claude model used in Alexa and an internal chatbot [3] Company Developments - Karthik Ramakrishnan's departure follows other senior AI leadership exits, including Vasi Philomin and Jon Jones, indicating a trend of turnover in Amazon's AI division [2][3] - Amazon's business model includes retail sales of consumer products, advertising, and subscription services through both online and physical stores [4] Investment Context - Despite the potential of Amazon as an investment, there are opinions suggesting that other AI stocks may offer greater upside potential with less downside risk [5]

Tether may become the world’s most profitable company if the stablecoin issuer continues its explosive growth trajectory, according to Bitwise Chief Investment Officer Matt Hougan. In a September 29 investor memo, Hougan suggests that Tether could surpass even Saudi Aramco’s record-breaking $120 billion profit from 2024, which is the most lucrative year in corporate history. Hougan’s analysis hinges on Tether reaching $3 trillion in assets, which would represent approximately 3% of the global money suppl ...