🍰 BrownDust2 | Lathel’s Birthday Oh, you came to wish me a happy birthday—thank you. Wait, flowers? Did you remember Family Day? Thank you. I was just wondering what to bring for Misha. Would you like to come with me? I think Misha would love that, too. 📢 Don’t forget to shower Lathel with all your birthday wishes~! #BrownDust2# #HappyBirthday# #Lathel#

Lately there are also alot of smartmoney buying base:0x940181a94a35a4569e4529a3cdfb74e38fd98631 mentions. It is because the alpha around @aeroxyz is becoming a claim on the liquidity allocation layer for onchain assets. So if/when stocks and FX need liquidity before activity arrives, the allocator who predicts demand earliest gets paid. And that is a much stronger moat than simply having the most pools.

Lately I've been thinking about getting a job again I want to take on a new challenge in life and working at a startup again might be exactly what I need Somewhere I can work with a cracked team of amazing people and help build the next billion dollar company

Lately, I’ve found myself constantly researching new projects and trying to understand everything about them: what they do, how they work, how they’re built, and whether they’re worth a deeper dive... So I’m building something I’ll actually use: a multi-agent research team natively inside Hermes A Research Director coordinates four specialized bots: • Project Researcher • Repo Analyst • Evidence Auditor • Report Editor Each bot has its own profile, memory, tools, and dedicated skill. They communicate through structured JSON handoffs, turning a project URL into an evidence-backed research report Hermes’ multi-bot capabilities made this workflow possible The first full live run is now underway Here’s an early screenshot, and I’ll share a complete demo video soon

Lately my posts have highlighted cracks in the AI thesis (prices falling, shifts to cheaper models) but my base case is pretty bullish for the main AI labs. Yes, prices are falling. Yes, we've observed a shift to cheaper models, but OpenAI and Anthropic will maintain their dominant market share. Chinese models are not the threat to AI competition we think. And while OpenAI and Anthropic may see lower margins as they compete on price, so far they've been able to make it up in volume. thank you @ProfGMarkets for having me

Lately, I’ve been playing a little with this little boy right here… It’s funny, I never really saw myself making any kind of kid-friendly content, and yet here I am, IP after IP 😅 I guess emotion has always been a big focus in my work, and getting a laugh definitely sits pretty high on that list too. Turns out those two things translate pretty well to making strange little worlds for younger audiences. I also remember reading someone talking about NVIDIA’s DLSS years ago and making the point that, at some point, getting more realistic is just another way of looking more like everyone else. ¯\(ツ)/¯ That one stuck with me somehow. With all these new tools pushing toward more fidelity, more resolution, more realism, I find myself increasingly interested in going the other way. Finding characters, textures, imperfections and visual languages that actually feel like something. Anyway. Meet another odd little kid. More soon from Dead Normal and @thisisoddkid.

Lately I’ve found myself disagreeing with some of Serenity’s points - not necessarily on the endgame, but on the intermediate turns you take to get there. I don’t think communication is as big an issue as people make it out to be. I also don’t think a Nasdaq listing (delay by a quarter or two) is some kind of deal breaker. And I definitely don’t think management has moved away from CPO. The SemiNex partnership was a pretty obvious signal in the opposite direction. They also raised ~SEK 800M specifically for Photonics, not Wireless. Wireless is a separate business unit with its own leadership, and obviously they are going to keep executing. Where I think the distinction matters is this: $SIVE is behind on today’s pluggable commercialization not necessarily on tomorrow’s CPO/NPO transition. Across the sector, the commentary still broadly looks like: 2026–27: 800G → 1.6T pluggables + OCS + components 2027–28: NPO/CPO + ELS/high-power lasers And Sivers’ disclosed CPO/NPO timelines are not wildly different from what LITE and COHR themselves are discussing. The bigger gap today is commercialization, customer validation and production maturity. There is also another possibility people tend to ignore: if Sivers is currently going through customer testing, qualification or NDA covered engagements, management may simply not have much they are allowed to beat the drums about yet. Silence is not automatically evidence that nothing is happening. I trust Vickram to execute. And with businesses like this, once qualification, capacity and customer orders start lining up, several things can move very quickly at the same time. One final point and the probably the most important thing Serenity mentions - if you’re not prepared for an investment to go to zero, you probably shouldn’t be making that investment in the first place. That is broadly how I think about my $SIVE position. I didn’t sell at 100+. I didn’t sell when they diluted me. And I’m not selling simply because it is now around 23. What genuinely ragebaits me is parts of the investor base seemingly being miserable every single day they own the stock. If something consistently makes you suffer, avoid it.