Stanford scientist Fei-Fei Li talks about teaching machines to see as humans do, the US-China AI arms race, and what worries her about a more automated future. https://t.co/l3LStFYGhJ ...

It was a chaotic week across Bitcoin mining and AI infrastructure, marked by Nvidia’s blowout Q3 earnings, a sharp market reversal not a day later, and the most sobering hashprice print in bitcoin mining history. Meanwhile, a new report suggests U.S. load growth could hit a staggering 166GW by 2030, driven overwhelmingly by AI demand, while Cipher Mining inked an $830 million hosting extension backstopped by Google. You’re reading a recap of The Mining Pod. Watch here on YouTube! Hashprice collapses to a ...

Core Viewpoint - The article highlights a recurring trend in the AI era where the Nasdaq index experiences sell-offs but quickly rebounds to previous highs and continues to rise from there [1] Group 1 - The Nasdaq has shown resilience by returning to previous highs after sell-offs, indicating strong underlying market support [1]

Core Insights - Major tech companies, including Amazon and Microsoft, have committed a total of $349 billion towards AI infrastructure, indicating a strong belief in the potential for significant returns from hyperscale investments [1] Group 1 - The collective investment of $349 billion highlights the growing trend among tech giants to focus on AI as a key area for future growth [1] - The commitment from these companies suggests a strategic shift towards enhancing AI capabilities and infrastructure to capitalize on emerging opportunities in the market [1] - A notable analyst has expressed skepticism about the expected returns from these investments, indicating a divergence in outlook within the industry [1]

Core Insights - Super Micro Computer (SMCI) reported fiscal Q1 earnings, indicating high growth potential but facing margin pressures and a perceived weakness in the AI sector [1] Financial Performance - The company has guided for continued high levels of growth despite current challenges [1] Market Position - There are concerns regarding the company's competitive position in the AI market, which may impact future performance [1]

AI x Crypto Key Player - Warden Protocol aims to be a key player in the AI x crypto wave [1] Warden Protocol Features - gWarden provides a trusted AI environment for Web3 with on-chain verification [1] - AI agents can execute tasks across multiple chains with clarity and trust [1] - The Warden App offers users an AI crypto co-pilot to simplify crypto interactions [1] - The protocol is designed for scalability, security, and autonomous applications [1] Governance and Network Growth - WARD token is central to governance, staking, and long-term network growth [1]

Core Insights - The article highlights the significant advancements made by the AI scientist Kosmos, which has independently replicated three major discoveries in neuroscience, materials science, and biology, and made four original contributions in genetic epidemiology, multi-omics integration, Alzheimer's disease, and transcriptomics [1][6][24]. Group 1: AI Scientist Kosmos - Kosmos is described as a next-generation AI scientist that can read 1,500 papers and execute 42,000 lines of analysis code in a single run, significantly outperforming previous AI models [11][14]. - The AI's ability to complete research tasks equivalent to six months of human work in just one day, with an accuracy rate of 79.4%, showcases its potential to accelerate scientific discovery [13][24]. Group 2: Future House and Its Mission - Future House, a non-profit organization established in 2023, aims to equip every researcher with an AI scientist to facilitate cross-disciplinary discoveries [8][9]. - The commercial branch, Edison, is expanding the AI scientist technology to researchers globally, providing free services while offering paid options for advanced users [9][8]. Group 3: Key Discoveries by Kosmos - Kosmos has made seven significant scientific discoveries, including the independent replication of findings related to nucleotide metabolism in mice and the efficiency of perovskite solar cells under specific humidity conditions [25][30]. - Original contributions include evidence linking increased SOD2 levels to reduced myocardial fibrosis risk and a novel analysis method for understanding Tau protein accumulation in Alzheimer's disease [42][48][54].

Core Insights - The Nasdaq Composite is experiencing a bull market that has lasted over three years, driven by potential interest rate cuts, rising corporate profits, and the adoption of AI [2][3] - Historical data indicates that bull markets lasting over three years tend to continue gaining ground, with an average duration of eight years [3] - The resurgence of stock splits is attracting investor interest, as they are often preceded by strong business performance [4] Company Analysis: Netflix - Netflix has seen a stock price increase of 26% in 2025 and 862% over the past decade, prompting a 10-for-1 stock split [5][6] - The company is expected to double its ad revenue in 2025, with the third quarter marking its best ad sales quarter ever, reaching over 190 million viewers [8] - Netflix's animated movie "KPop Demon Hunters" has become its most popular film, contributing to subscriber growth [9] - In Q3, Netflix reported revenue of $11.5 billion, a 17% year-over-year increase, with EPS rising 27% [10] - The stock is currently priced at 35 times next year's expected sales, reflecting its strong track record [11] Company Analysis: Interactive Brokers - Interactive Brokers has gained 45% in 2025 and 512% over the past decade, leading to a 4-for-1 stock split [12] - The company reported a 32% year-over-year increase in customer brokerage accounts, reaching 4.13 million, and a 40% increase in customer equity to $758 billion [14] - In Q3, Interactive Brokers generated $1.6 billion in revenue, a 21% year-over-year growth, with EPS climbing 40% [15] - The stock is valued at 31 times trailing-12-month earnings, indicating a reasonable valuation given its strong fundamentals [16]

Core Viewpoint - Bill Ackman sold a significant portion of his stake in Alphabet Class A shares, which has raised eyebrows among analysts who believe it was a mistake given the stock's strong performance and bullish outlook from Wall Street [2][5][10]. Group 1: Ackman's Investment Actions - In Q3 2025, Ackman did not initiate any new positions or increase existing holdings, but reduced stakes in four stocks, including a notable sale of over 519,000 shares of Alphabet Class A, decreasing his position by approximately 9.7% [2][4]. - Ackman's hedge fund, Pershing Square, still maintains a substantial investment in Alphabet, holding over 11 million shares valued at around $3.3 billion [10]. Group 2: Wall Street's Perspective on Alphabet - A survey by S&P Global revealed that none of the 66 analysts covering Alphabet recommended selling the stock, with 12 analysts rating it as a "strong buy" and 45 assigning a "buy" rating [7][8]. - Alphabet reported impressive Q3 results, with revenue of $102.3 billion, a 16% year-over-year increase, and earnings rising 33% to approximately $35 billion [8]. Group 3: Alphabet's AI and Future Prospects - Alphabet's advancements in AI, particularly with Google Search and the Gemini large language model, have contributed to its strong market position, with over 650 million monthly active users for Gemini [9][11]. - The launch of Google Gemini 3.0 is expected to enhance Google Cloud's growth, while the Waymo unit is expanding its autonomous ride-hailing services [11][12]. - Alphabet's Google Quantum AI has achieved significant milestones in quantum computing, indicating potential for future applications [12].

Core Insights - The report highlights the top 20 AI applications in China for October 2025, based on media volume and monthly active users (MAU), providing a reference for the development trends of domestic AI applications [1][6][10] Group 1: Rankings and Performance - Doubao continues to lead the rankings for the fourth consecutive period, dominating both media volume (7.46 million) and MAU (272 million), with a month-on-month growth of 5.6% [7][11] - The top three applications, Doubao, Quark, and DeepSeek, maintain a stronghold in the market, with Quark and DeepSeek having MAUs of 95.46 million and 163 million respectively [10][11] - Tencent Yuanbao has shown a consistent upward trend, moving from ninth in August to fourth in October, with a media volume of 1.53 million and MAU of 53 million, indicating potential to challenge the top three [12][10] Group 2: New Entrants and Exits - 360 AI Search makes its debut in the top 20, while AiPPT.cn and Qwen drop out of the rankings, reflecting fluctuating user interest [13][18] - Xunfei AI Learning and Kimi return to the top 20, with Kimi achieving an MAU of 25.81 million [14][18] Group 3: Company Analysis - Major tech companies dominate the rankings, with 16 out of the top 20 applications coming from these firms, showcasing their strong market presence [9][20] - ByteDance leads with seven applications in the top 20 by media volume, while Baidu has one application in the media volume ranking but four in the MAU ranking, indicating a strong user base [9][21] - The applications from ByteDance cover various sectors, including chatbots, image generation, and AI education, demonstrating a comprehensive ecosystem [22] Group 4: Market Dynamics - The report indicates a stable top-tier structure in the AI application market, with significant competition among the leading players [10][20] - Despite the dominance of large companies, emerging startups like DeepSeek and Kimi are gaining traction, highlighting opportunities for innovation and user engagement in the AI sector [24]