Sometimes it's the not-so-familiar names that offer the potential for market-beating returns. For those keenly focused on artificial intelligence (AI) stocks, there are the usual suspects. From graphics processing unit (GPU) leader Nvidia to hyperscalers like CoreWeave and Nebius, it's unsurprising when investors focused on AI stocks find certain names popping up again and again -- and again. But the lack of popularity with respect to other AI-focused companies doesn't mean that their stocks are any less de ...

Alibaba uh is taking on Meta's wearables with AI glasses of its own. It's the latest in the US China battle for AI dominance. Join us now.Lead Edge Capital founding partner Mitchell Green. Mitchell is a longtime investor in Alibaba and Ant Group. He's also uh an investor in in bite dance and he does crazy things sometimes when in a in a chair, right.I don't know. The real question will be how many years do I get to come on here until we have a bite till I get to come on for like the bite dance IPO. That'll ...

Let's just start with the basic mechanics. There is an interesting equity investment going on here. Why why did you go down this route with the investor rather than just kind of a straight equity kind of deal.Good morning. Thanks for having me. It's a pleasure to be on your show.You know, Korea has grown at a phenomenal rate over the last six years, as I mentioned. And we have three of the world's largest investors, Warburg Pincus, Ontario Teachers pension Plan and Mubadala. And we are at a juncture where w ...

Summary of Unity's Conference Call Company Overview - Unity is one of the largest independent fiber providers in the United States, with nearly 200,000 route miles of fiber [4][5][6] Industry Insights - The demand for fiber, particularly from hyperscalers, has significantly increased, with the Total Addressable Market (TAM) in the fiber space growing from a de minimis level to approximately $15 billion to $20 billion in just 12 to 24 months [5][7] - The company is experiencing a shift in its customer base, with hyperscalers now representing a substantial portion of its business [5][9] Financial Performance and Expectations - Unity reported strong demand and bookings, but cautioned that bookings can be lumpy due to the nature of hyperscaler deals [6][7] - The company anticipates that the TAM for hyperscalers will grow to $40 billion to $50 billion in the coming years [7] - Analyst estimates for the second quarter are considered low due to the back-end loaded nature of the year, primarily driven by large hyperscaler deals that do not reflect in traditional bookings [7][10] Customer Segmentation - Unity serves a diverse range of customer segments, including hyperscalers, wireless carriers, and large enterprises, with no single segment representing more than 10% of revenue or EBITDA [13][14] - The company is merging with Windstream, which has a significant wholesale fiber business, creating synergies and expanding opportunities in the hyperscaler market [16] Deal Structure and Yields - Unity's approach to hyperscaler deals involves building new fiber with anchor customers, targeting initial yields of 5% to 10% [18][19] - The blended initial yield on greenfield builds is around 7%, with overall yields approaching 30% [19][20] - The company is successfully executing its lease-up strategy, with yields from hyperscaler deals approaching 20% [20] Market Dynamics - Unity focuses on tier two and tier three markets, benefiting from less stressed power grids compared to larger cities, which enhances its ability to service hyperscaler data centers [22][23] - The company is optimistic about the transition from training to inference in AI, which is expected to drive increased demand for fiber [27][30] Fiber to the Home Strategy - Unity's Kinetic division aims to build fiber to 3.5 million homes by 2029, with a current build cost of approximately $6.50 per home, significantly lower than industry averages [40][41] - The company attributes its lower build costs to its focus on smaller markets and prior investments in backhaul and metro fiber [42][44] Financing and Capital Structure - Unity has identified $1 billion of ABS capacity for funding its builds, with potential capacity of $3 billion to $4 billion [54][56] - The company plans to maintain a healthy mix of high yield and ABS in its capital structure, taking advantage of lower refinancing opportunities [58][59] Market Perception and Stock Performance - Unity's stock price has been affected by technical overhangs related to its merger with Windstream and the transition from a REIT to a C Corp [61][62] - There is optimism about the intrinsic value of the business, despite current market perceptions [64]