Daily Alpha · YouTube
· Post-Market Alpha · by Buzzberg Research
Chinese AI model efficiency challenges US CapEx thesis
Moonshot AI's new 2.8 trillion parameter model demonstrates high efficiency in compute and memory usage, challenging the assumption that massive US-led capital expenditure is the only path to frontier AI performance.
Systemic risk in insurance balance sheets via private credit
The speaker argues that the next financial crisis will originate in the $10 trillion insurance sector, which is heavily exposed to private credit and levered 90–100x, rather than the banking system.
Lighter's ZK circuit efficiency
Lighter utilizes custom zero-knowledge circuits for financial infrastructure that operate at 1% of the compute cost of general-purpose circuits.
Boeing production ramp-up and backlog execution
Boeing CEO Kelly Ortberg stated the company is 'turning the corner' by ramping up 737 production to 47/month (targeting 63) and 787 production to 8/month (targeting 10+), focusing on executing a strong backlog.
Orange Juice permanent capital model
Orange Juice is a permanent capital vehicle that acquires small-to-medium, cash-flowing, AI-resistant businesses, holding them indefinitely while using retained earnings to build a Bitcoin treasury.