2025 marked an inflection point in AI productivity, as AI agents evolved from something you could chat with to something that can perform work on your behalf. Read @JozefARK's Substack "2025: The Year Chatbots Became Agents" for a look into Big Ideas. 🔗

2025 was the year Bird shifted towards delivering a unified marketing platform. Our latest blog recaps the transformation: launching Bird Marketing as a complete system, processing 19.9 billion Black Friday emails with zero incidents, and building the foundation for what comes next in 2026.

2025 was such a big year. From my grandpa becoming president, to starting my senior year of high school, making my LPGA debut, and going all in on Youtube - it's been a year I'll always remember. So grateful for everyone who's been part of the journey. Full end of year recap is out on YouTube

2025 Guangdong Provincial Barista Competition concluded in Jiangmen on Nov. 30. The event gathered 68 baristas from Guangdong, Hong Kong, and Macao, while also welcoming international delegations and journalists who sampled local specialty coffee.

2025 Met Gala: Superfine Tailoring and Black Style. Inspired by Lenny Kravitz, a modern dandy whose fluid, bold aesthetic, alongside icons like Jimi Hendrix and Miles Davis, pioneered distinct and culturally significant aesthetics - shaping the way men dress for generations to come. Lenny’s signature Chrome Hearts style perfectly captures the spirit of this theme - Black style, razor-sharp tailoring, and dandy tradition.

$SIVE 2025 annual report analysis. TLDR: Extremely Bullish. Sivers main growth vector is CPO, but they've TAM expansioned to pluggable transcivers + multiple new qualifications/development. 1. "We are currently seeing great interest... testing our DFB lasers across multiple manufacturers in pluggable transceivers" For pluggable angle, we've seen this with $JBL 1.6T LRO already, but annual report hinted they're developing/qualifying with more hyperscaler suppliers. "Our serviceable markets have now been expanded to include pluggable optical interconnects as well as scale-up and scale-out architectures for co-packaged" (TAM expansion) 2. "Discussions with hyperscalers and pluggable transceiver suppliers indicate a shortage of CW lasers in the coming years" $LITE already signaled CW laser bottlenecks, and they had to buy externally from competitors. So we kinda guessed CW Laser was a bottleneck. And this confirmed it, so was wondering about Win semi. "The partnership announced with high-volume supplier Win Semiconductor in March 2025 now gives us a strong position to meet growing demand" $SIVE likely has capacity locked in with Win from this nuance, which is exactly what I wanted to know. This positions Sivers in the CW laser as both a bottleneck and CPO laser architectural leader. VOLUME PRODUCTION H2 INDICATIONS (BULLISH): 3. "The collaboration positions both companies to address the rapidly growing market for optical AI connectivity, with prototypes to be demonstrated to customers during the first half of 2026 and with the goal of scaling up production by the end of 2026" H1 is more preproduction, H2 production signaled starting with names like $POET. 4. "We are pleased that our largest LIDAR customer will increase production starting in the fourth quarter of 2026" $AEVA start of volume production Q4 with $SIVE = bullish for both. Revenue floor from LIDAR as their CPO scales. 5. Sivers announced a partnership with LIGHTIUM AG to integrate their CW lasers directly onto TFLN wafers. 3.2T+ cycle. (future proofing) FYI no decent investor cares about last year's 2025 financials from development contracts aside from Swedish Media/Locals. Especially when you're forward looking for the 2027-2028 CPO supercycle. But the hint from you can take away from financials + geography that is $NOK is now the high confidence customer of $SIVE. TLDR: -> Win Semi implied capacity lock in during CW laser bottleneck -> Hints of new group of hyperscaler suppliers testing/qualification for pluggable transcivers, which is massive TAM expansion. -> New customers for CW lasers -> Volume production scaling starting H2 for both photonics and lidar.

The 2025 Light The Night Executive Challenge raised $10.6 million for Blood Cancer United. Meet three leaders who stepped up. Learn More: Sponsored by @BloodCancerUtd