Nael Khchkemi
44 posts


Today I sent the attached letter to IREN's Chairman. Four pages.
If you only have two minutes: page 2 imagines the Chair explaining the founders' $800M award over lunch with Warren Buffett. The three asks are at the end, all achievable before our AGM in November.
We are not against this company. We built our positions believing in it. We are asking that the largest award in its history be earned, not merely received.
Read it. Form your own view. November is when it counts.




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Vera Rubin’s 10x tokens/MW + 1/10th cost per million tokens (#CoreWeave measured) changes the math for anyone building on reasoning models.
Previously, scaling agents meant either exploding token costs or hitting power walls.
Now you can keep the same power budget and get order-of-magnitude more useful work — or slash costs while maintaining interactivity.
This is what actually moves the needle on profitable agentic #AI.
NVIDIA@nvidia
10x more tokens per megawatt. CoreWeave has the first measured performance of NVIDIA Vera Rubin NVL72, showing 10x improvement in tokens per second per megawatt on DeepSeek-R1 compared to Blackwell.
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