Valida Pau

BIG SPACEX SCOOP WITH @coryweinberg > Musk will have super voting shares in a dual-class structure > He will receive stock incentive every $500B increase in market cap and can go as high as $6.6T; if the space data centers can deliver “100 terawatts of compute per year”

It's been one year of TITV 🚨 🎯 950+ interviews 🎯 1M new followers 🎯 25M video views Ready for year two 🚀

just one happy girl who went to college in boston

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Also for the time being, I’m writing our bi-weekly newsletter Dealmaker with @julia_hornstein ! Please subscribe! Ideas, tips are welcome. Signal validapau.59

Also a tour of Citi’s robotics conference: theinformation.com/articles/memor…

Dealmaker scoop: Memory storage startup ScaleFlux is hoping to ride the memory chip boom and go public soon Just as SK Hynix is raising $26B+ in its US listing tomorrow

Scoop: Lancium, the land/power developer behind OpenAI's Stargate Texas is drawing tech companies' interests to sell a stake. Talked to Anthropic but the talks are exploratory only. Nvidia has discussed investing. Tech companies now realize how important it is to get power lined up for their data centers.

AI infrastructure news: Lancium, the land/power developer of OpenAI's Stargate site in Texas (& more) in talks to sell minority stake. Recently talked to Nvidia & Anthropic

Confirmed✅ @_pheebini + me reported last month SambaNova raising $1B at $10B pre-money, led by General Atlantic

First w/ @julia_hornstein AI video startup Higgsfield is raising 300-500M at a $5B valuation, up from 1.3B in January theinformation.com/articles/ai-vi…

JPMorgan Chase landed in the news again after an employee of the bank was caught taking a Knicks-themed trash can on.wsj.com/4w89ifK

SambaNova gets more money. Remember they were almost going to sell to Intel for just $1.6B billion? w/ @_pheebini

$WMT Walmart is paying big premium for ad tech startup Vibe in its $1.4 billion acquisition, compared to other public ad tech firms. @catherineperlo1 theinformation.com/articles/walma…

When OpenAI talks about "preparing for an IPO," this is the detailed work they are doing to explain to investors and regulators things like... - relationships with business investors like Nvidia and Microsoft - noncash accounting charge for warrants - data center rental agreements - data center co-ownership agreements - revenue from related parties - and more.... @coryweinberg @erinkwoo theinformation.com/articles/opena…

NEW investigation for @WSJ: - Polymarket is paying scores of offshore clippers to quietly promote its international exchange in the U.S. (though it’s banned from letting Americans trade on the platform) - Polymarket made dummy websites mirroring its real site, then paid creators to use the fake site and pretend to win thousands. - Creators altered headlines and used outdated footage to imply they won bets—even when they often lost - Polymarket paid Adin Ross multiple millions to promote the site All that and more in my latest story with @ByKLong @ceostroff @brenna__smith

Seems like this could be official now

If Reformation files confidentially next week, and try to list publicly as soon as July. That has to be a SEC record, no? SpaceX, which got through SEC comments super fast, took 2.5 months from s1 filing to going public.

Bankers need to use Grok for SpaceX IPO. Kalshi also wants bankers to put Kalshi in their apps if they want to take Kalshi public. via @Yueqi_Yang

Sources: Chinese social media app Xiaohongshu targets a Hong Kong IPO as early as year-end at a $70B+ valuation, up from $50B in recent private secondary trades (Wall Street Journal) (Visit Techmeme dot com for the link and full context!)