Cybersecurity: Big M&A Is Back

Almost a year after initial discussions, Google is finally acquiring the privately-held cloud cybersecurity company Wiz for a staggering $33 billion, marking the largest deal in the industry to date, surpassing the $28 billion Cisco’s acquisition of Splunk from two years ago. In recent years, Tech giants have been intensifying efforts to strengthen their cybersecurity…

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AI: Quantum Computing Getting Closer To Commercial Rollout

In recent days, quantum computing has seen significant progress, with Microsoft and D-Wave announcing groundbreaking developments. As detailed in a previous report, a major hurdle in quantum computing has always been the decay of qubits, which leads to coherence loss and computational errors. Indeed, creating qubits involves producing particles that can be electronically controlled, which…

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AI/Big Data: Alibaba’s Capex Boom Signals a Chinese AI Arms Race

Alibaba, China’s leading cloud computing platform, impressed investors with a sharp acceleration in cloud revenue growth to +13% year-on-year, up from 7% in the previous quarter and 3% above expectations, driven by triple-digit AI growth. The real standout, however, was Alibaba’s $4.3 billion quarterly capex, marking a 300% year-on-year surge and 80% quarter-on-quarter growth. The…

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Powering AI: New Power Plants In The Fast Lane In The US

PJM, the largest electricity grid operator in the U.S., serving 13 states including Pennsylvania, New Jersey, and Maryland, has received federal approval from the Federal Energy Regulatory Commission (FERC) to fast-track the review of up to 50 new power plant projects. This decision follows President Donald Trump’s national energy emergency declaration and addresses growing concerns…

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AI/Cybersecurity: Palantir Sends Positive Vibes About AI Enterprise Adoption And Data Science Software

Palantir, the largest position in both our AI and Cybersecurity portfolios, impressed again last night with revenue growth accelerating for the sixth quarter in a row to 36% (from 30%) and a FY25 revenue growth guidance of 31%, both figures coming 5-10% ahead of expectations. The strong top-line performance sparked another significant margin leverage, with…

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AI/Power AI: The Calm After The DeepSeek Storm

The initial panic triggered by DeepShitSeek is starting to subside as more information comes to light. Recent reports indicate that the true cost of their training process was closer to $500 million, not the $6 million initially claimed. Additionally, it appears that DeepSeek’s LLM performance isn’t as groundbreaking as first suggested, with revelations that the…

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AI: DeepSeek, Threat Or Opportunity?

The rise of the Chinese AI assistant DeepSeek to the top of the iPhone download charts has sent shockwaves through global markets—and, more specifically, the entire AI value chain. The app’s AI model is widely regarded as highly competitive with OpenAI’s ChatGPT and other leading models, all while being significantly less expensive to train and…

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