Jason Richmond

@DavidSacks @pmarca amazing

I am honored and grateful to be appointed by President Trump to the President’s Council of Advisors on Science and Technology (PCAST) and to be named Co-Chair along with OSTP Director Michael Kratsios. PCAST is the principal body of external advisors tasked with shaping science, technology, and innovation policy for the President and the White House. Thirteen of the world’s most accomplished leaders in science and technology will join us as this PCAST’s initial members. Together we will make policy recommendations to ensure that America leads—and wins—in artificial intelligence and other cutting-edge technologies.  I look forward to working with the initial members: Marc Andreessen, Sergey Brin, Safra Catz, Michael Dell, Jacob DeWitte, Fred Ehrsam, Larry Ellison, David Friedberg, Jensen Huang, John Martinis, Bob Mumgaard, Lisa Su, and Mark Zuckerberg. Thank you to President Trump for his visionary leadership on technology policy which attracts the top luminaries in their fields to serve. It is an honor to be part of this distinguished group.

@TheFigen_ @grok is this a true story + if so, where was it?

This movie has written itself. 7 stolen dogs break free from their captors and walk 17km all the way home - led by one brave little Corgi across busy highways and open fields.

@midlevelcruiser 😂

BREAKING 🚨: X users have burned through 15 trillion AI tokens arguing $IREN vs $NBIS - accidentally creating more demand for both companies than any analysis ever could.

@Tradelearner022 @DrPatrick @midlevelcruiser @SJCapitalInvest 🏌🏻‍♂️💫

$IBRX- Congrats Dr PSS. @DrPatrick The Scientific Convergence is Here. -$IBRX 1/ The Breakthrough Rockefeller University just published a landmark study (Mar 16, 2026) showing that a single tumor injection can trigger a "Vaccine Factory" that kills metastatic cancer body-wide. The research confirms that activating the IL-15 pathway is the key to unlocking this systemic response. [Link: sciencedaily.com/releases/2026/…] 2/ The Clinical Reality .This isn't just a lab theory. We've seen the brain scans on NewsNation. We’ve seen the QUILT-3.078 data: 19/23 Glioblastoma patients still alive as of Jan 2026. ANKTIVA is the first FDA-approved IL-15 agonist the exact "fuel" the Rockefeller scientists are calling for. 3/ Data Point: The "IL-15 Synergy" The Rockefeller study (antibody 2141-V11) confirms that CD40 therapy is most effective when paired with exogenous IL-15. Why? CD40 "activates" the immune cells, but IL-15 (ANKTIVA) "multiplies" them. It’s the difference between a single soldier and an entire army. 4/ Data Point: The "TLS" Command Center The research proved that this treatment creates Tertiary Lymphoid Structures (TLS) internal "immune command centers" inside the tumor. This explains the long-term durable responses seen in $IBRX trials. We aren't just killing cells; we are re-training the body to hunt cancer forever. 5/ The 1-2-3 Punch Yesterday: $IBRX secured NCCN 2026 Guideline status (Commercial Floor). Today: Global research validates the platform (Scientific Ceiling). Imminent: The Saudi shipment lands (Operational Execution).

@litigious_dulce @midlevelcruiser 🚀🚀

$NUAI recently appointed Ted Warner as CFO. (newerainfra.ai/news/new-era-e…) Warner was previously Managing Director and Head of Energy & Power Infrastructure at Northland Capital Markets — the investment bank behind many of the largest financings in the digital infrastructure space. This is a significant hire worth understanding in detail. Warner's track record in data center financing is unusually deep. According to Northland’s own materials, his group originated and executed nearly $7 billion in lead managed financings since he rejoined the firm in 2020, with a heavy focus on digital infrastructure and HPC data center development across the capital stack. The best way to understand what Warner does is to look at his work with Applied Digital ($APLD) — arguably the clearest case study of a single banker helping transform a small-cap power and mining company into a legitimate institutional-grade AI data center platform. When Applied Digital needed $50M in April 2024 to advance its HPC data center in Ellendale, North Dakota, Northland served as sole placement agent on a convertible debenture. (globenewswire.com/news-release/2…) Four months later in August 2024, Northland placed another $53.2M in convertible preferred stock to keep the Ellendale buildout on track. (globenewswire.com/news-release/2…) Then came the deal that changed the company’s trajectory entirely. In January 2025, Northland served as sole placement agent on a $5 billion perpetual preferred equity financing facility with Macquarie Asset Management — one of the world’s largest infrastructure investors managing approximately $634 billion in assets. The deal provided up to $900M for the Ellendale HPC campus and gave Macquarie a right to invest up to an additional $4.1 billion across Applied Digital's future HPC pipeline, supporting over 2 GW of data center development. Goldman Sachs served as senior financial advisor. Citizens JMP, TD Securities, and Needham also provided advisory services. But Northland — Warner's team — was the sole placement agent. (globenewswire.com/news-release/2…) That deal essentially took Applied Digital from a company scrambling to fund a single campus to one with multi-billion-dollar institutional backing to build a national HPC data center platform. The structure — perpetual preferred equity with a 12.75% dividend, 15% common equity interest, and a 1.80x liquidation preference — allowed APLD to retain 85% ownership of its HPC business while recovering over $300M of its existing equity investment. (macquarie.com/us/en/about/ne…) Warner's group didn't stop there. In April 2025, Northland placed a $150M convertible preferred equity facility for continued Ellendale campus development. (globenewswire.com/news-release/2…) By late 2025, they were drawing an additional $787.5M from the Macquarie facility to fund both Polaris Forge 1 in Ellendale and the new Polaris Forge 2 campus in Harwood, North Dakota. (constructionreviewonline.com/applied-digita…) In December 2025, Northland placed yet another facility — a development loan from Macquarie to fund pre-lease development costs for new AI factory campuses, with an initial $100M in draws while Applied Digital negotiated with another investment-grade hyperscaler for multiple additional sites. (ir.applieddigital.com/news-events/pr…) From a $50M convertible to a $5B institutional partnership to a multi-campus national buildout — all with the same placement agent quarterbacking the capital formation. That's the Applied Digital story, and Warner was at the center of it. His group’s reach extended well beyond APLD: Riot Platforms ($RIOT) — In February 2025, Riot announced it had engaged Evercore as financial advisor and Northland Capital Markets to support the evaluation of AI/HPC uses for its Corsicana Facility power assets in Texas. (sec.gov/Archives/edgar…) Bitfarms ($BITF) — Northland acted as sole placement agent on Bitfarms’ conversion of its Macquarie debt facility to $300M in project-specific financing for the Panther Creek 350 MW HPC/AI campus in Pennsylvania. (globenewswire.com/news-release/2…) Bitdeer ($BTDR) — In its March 2025 production update, Bitdeer disclosed it had formalized an engagement with Northland Capital Markets as financial advisor for its HPC/AI data center development strategy. (sec.gov/Archives/edgar…) TeraWulf ($WULF) — Warner personally signed the amendment adding Northland as an agent under TeraWulf’s sales agreement in August 2023, positioning the firm on TeraWulf’s capital markets platform. (sec.gov/Archives/edgar…) Super Micro Computer ($SMCI) — Northland served as co-manager on Supermicro’s follow-on offering of common stock in late 2023, alongside J.P. Morgan, BofA Securities, and Goldman Sachs. (northlandsecurities.com/ncm-co-manager…) Prior to this run, Warner spent 8 years as a founding member of Northland’s energy banking practice, participating in 150+ transactions totaling over $10 billion. He also served as CFO of Fountain Quail Energy Services, a PE-backed oilfield services company. (northlandsecurities.com/team_member/te…) For context on where $NUAI stands today: the company, formerly New Era Helium, pivoted to AI and digital infrastructure in August 2025. Its flagship project is the Texas Critical Data Centers (TCDC), a campus in Ector County, Texas, planned to scale to over 1 gigawatt of capacity on a 490+ acre site. The parallel to Applied Digital’s starting position is hard to ignore. As recently as 2024, APLD was a small-cap company with power assets, a data center thesis, and a need for institutional capital to scale. Warner’s group provided the financing pathway that took them from that starting point to a $5B Macquarie partnership and a multi-gigawatt development pipeline. NUAI today has power assets from its legacy as an energy company, a massive data center project, and a similar need to access institutional-scale capital to fund the next phase. Thus, it’s meaningful that Ted Warner, the banker who had a seat at nearly every significant transaction in the power-to-compute pipeline, is now the CFO of NUAI. Warner had broad visibility into deal flow across the digital infrastructure landscape — he saw the pitches, the power positions, the hyperscaler LOIs. He had a strong sense of which projects were real and which weren't. With all of that context, he chose NUAI. That decision is informative for a few reasons. First, it suggests he sees a valuation disconnect. Warner knows what these assets trade for. If NUAI were fairly priced, there would be less incentive to leave banking for an operating role. His move implies he sees a gap between where NUAI trades and where its assets sit — and he's willing to stake his career on that gap closing. That carries more weight than a price target. Second, it raises the probability of a hyperscaler partnership. Warner has seen these deals from the inside. He understands what a company needs to look like before a hyperscaler signs. If he didn't believe NUAI was credibly on that path, the move would carry significant career risk. The timing and NUAI's current trajectory are consistent with the kind of catalyst convergence that has driven other companies in the space — like APLD's Macquarie partnership — from relative obscurity to institutional relevance. Third, it reflects confidence in the team. Warner has worked with dozens of management teams in this sector. Joining one full-time, with your compensation and reputation attached, is a stronger endorsement than any external rating. From a credibility standpoint, Warner brings roughly two decades of experience structuring the exact type of financings NUAI will need to execute — along with institutional lender relationships, infrastructure fund access, and sell-side credibility that would be difficult to replicate. Finally, we should consider the compensation structure. NUAI compensates its C-suite through stock options and RSUs with multi-year vesting, and Warner is under the same framework. That makes him not just an executive but a co-investor — dilution hurts him, poor execution hurts him, and every capital structure decision he makes is informed by his own exposure to the outcome. None of this guarantees a specific result, but when someone who financed many of the sector's winners decides to join an operating company, the signal is worth weighing seriously.

@elonmusk @Asmongold @ComicDaveSmith 100000%

@Asmongold @ComicDaveSmith America does not have “magic ground” that fundamentally changes who people are when they arrive here. If we filter for high work ethic, talent & trustworthiness, we will get that. If we don’t, we will inherit all the problems of the countries those people are leaving. The end.

Epic post, whoever the hell you are. Yes, open borders is a retarded policy. Especially when you’re taking in a bunch of war torn military age fighting men. Now tell me, was that before or after the US launched 6 wars of aggression that slaughtered millions of innocent people?

@bryan_johnson Adopt two dogs. There are too many beautiful souls that need a helping hand.

I'm thinking about getting two dogs. What breeds should I consider?

@SJCapitalInvest congrats

$AMPX Sold these. Locking in this win as swapping to commons for flexibility. I’ve said it’s a market to lock in wins, that’s what I am doing. Still have options but continuing to reduce leverage. If it drives I will buy cheap options again. Full port update tomorrow 🔹

@TomiLahren @RepAshleyHinson it’s spiritually + morally corrupt

Let’s ask @RepAshleyHinson why she thinks packing pregnant pigs into 7 x 2 metal crate for 16 weeks sounds like a remotely humane or decent thing to do.

@SJCapitalInvest congrats on your success, if you have IBRX leaps into next year, why wouldn’t that ride through fda news?

I’m working on de-leveraging after a big breakout on the backs of $IBRX + $AMPX over just a few weeks. I’m pushing to new ATH daily right now, but I need to protect it. I called out that I swapped commons for options on the pullback to catch a huge rebound, it worked. I am selling them now. No reason to have this much leverage in this market while up 100% YTD. Expect my port to look much more normal next update. I can drop one Saturday morning. Had some crazy weeks but overall it’s been an incredible year so far. $TE > $SKYT > $BE > $IBRX > $AMPX …. Need to be smart and protect it. 🔹

@HenshiG @BillAckman mamdani + his wife view this country as an economic zone to reform as oppose to a country with a healthy identity + proud history. New York is super fckd.

NYC mayor Mamdanis wife liked this picture of twelve year old Yagil Yaakov who was kidnapped by Hamas on October 7th, his father was murdered. He was forced to strip infront of all these people and then abused. Hamas posted this Pic. She needs to at least apologize, but she will double down cuz “resistance” means kidnapping and humiliating kids and babies. And the massacres. We will never forgive or forget.

@karol @waltermasterson 😂💯

@waltermasterson It's the "they literally threw the bomb over my head as I was talking about inclusion" for me.

Hey everyone, I can admit when I was wrong. Being reckless when a bomb is thrown over your head is not a good look and that weighs heavily on me and my family.

@midlevelcruiser well played 🏌🏻‍♂️💫

another honest days work trading the chop on $SPX just rung the register on these, and because $SPX options qualify as Section 1256 Contracts, 60% is long-term cap gains, 40% short-term

@midlevelcruiser Agreed. Bill Stein’s involvement fuels optimism. added 15,000 common shares today while also sitting on 15C 8/21 which are basically torched.

good timing to buy $NUAI if you believe they will secure a tenant for TCDC (I do) earnings announcement incoming

@drjasonfung it’s not stupidity. it’s intentional framing.

The sheer depth of stupidity at CNN to write this boggles my mind. Oh, hey, we're throwing homemade bombs today - it must be Tuesday.

@michelletandler institutional sympathy for radicalism, normalization of political violence + an unholy alliance of ideologies. this recipe never ends well throughout history + must be wholesale rejected intellectually, spiritually + ideologically. New York + America deserve so much better.

Big week in NYC: + Learned our Mayor's wife liked ~70 posts celebrating Oct 7 + A homemade bomb was thrown at peaceful protestors on the Upper East Side + Gracie Mansion hosted the leader of the Columbia protests, who says "We" when referring to Hamas

@bullishbruk @DrMakaryFDA I’m holding, but this just feels like cope

$IBRX sBLA application should be a lot easier and soon, we should hear the acceptance of sBLA application for ANKTIVA. based on information at hand It took @DrMakaryFDA 16 days to accept the resubmission of BLA by $CAPR The CSR was submitted and received by the FDA on February 22, 2026, and the acceptance (with a new PDUFA date assigned) was announced on March 10, 2026. science over dogma = progress! @DrPatrick @LoriMills4CA42

@Umbisam activity is frustrating

$IBRX In case you missed it.

@adamfeuerstein curious as to why you're not just objectively reporting a positive update for one company?

The $RLMD bladder cancer data (phase 2) reported this morning look very good. Another competitive blow to $IBRX particularly at its bloated valuation. relmada.com/for-investors/…

@midlevelcruiser love this

It only takes 26 x 20% gains to change your life