James Altucher:

Anthropic Confidentially Files for IPO After Soaring to $965 Billion Valuation

Anthropic announced Monday that it has confidentially submitted draft registration documents to the U.S. Securities and Exchange Commission, beginning the process that could eventually lead to an initial public offering.

The company did not disclose the size of the proposed offering or a potential share price. Anthropic said market conditions and the SEC review process will help determine whether it ultimately moves forward with a listing.

Anthropic’s filing arrives as AI continues to attract enormous investor interest. The technology has reshaped corporate strategies across industries, prompting businesses to increase spending on AI-powered tools while investors pour billions into companies developing the underlying models and infrastructure.

A public listing would provide one of the clearest opportunities yet for retail investors to gain exposure to a leading AI developer. It would also allow the market to place a public value on a company that has become one of the most prominent names in the race to build advanced artificial intelligence systems.

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Davis Wilson:

The Death of Bitcoin

What has happened to Bitcoin after each leadership change at the Federal Reserve is shocking. After Yellen took over, Bitcoin collapsed 83%. After Powell became Chair, Bitcoin fell 73%. Then during Powell’s second term, Bitcoin crashed another 60%. And now? Bitcoin has already fallen from around $77,000 to $71,300 since Warsh became Fed Chair on May 22.

However, I don’t believe Fed Chairs themselves somehow “cause” Bitcoin crashes. The more likely explanation is that Bitcoin is deeply tied to liquidity and investor psychology.

When money is cheap and financial conditions are loose, investors pour into speculative assets like crypto. When the Fed tightens policy or liquidity dries up, risk assets usually get crushed. And leadership changes at the Fed often happen during these broader monetary transitions.

With that in mind, I wouldn't bet against Bitcoin. However volatile, it refuses to die. Furthermore, it has become a legitimate global asset class.

My recommendation for owning Bitcoin remains the same. Investors should treat crypto similarly to assets like gold, stocks, and bonds – as a deliberate allocation inside a diversified portfolio.

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Chris Campbell:

NVIDIA’s RTX Spark Is an AI “Superchip” That Will Power Windows Laptops and Desktops

At Computex today, NVIDIA unveiled the RTX Spark, a powerful system-on-a-chip (SOC) meant to give both laptops and small desktops fast AI and graphics performance.

You can think of RTX Spark as a portable sibling to the company's $3,999 DGX spark AI mini-desktop, except it's built for Windows instead of Linux. RTX Spark will power new laptops, as well as systems from "every single major OEM."

NVIDIA isn't diving deep into the technical aspects of the RTX Spark just yet, but the company says it offers 1 petaflop of AI computing power, and that it has 6,144 Blackwell RTX cores and 20 Mediatek Arm CPU cores. NVIDIA claims it's similar to the RTX 5070 laptop GPU but with much lower power draw. RTX Spark also has an NPU that's fast enough to be part of Microsoft's Copilot+ initiative, which requires a 40 TOPS NPU.

RTX Spark's GPU can directly draw the chip's large pool of unified memory, which can span from 16GB to 128GB, and the chip itself can use anywhere from single-digit wattage up to 80W. But before you ask, no, there are no plans to offer the chip alongside dedicated GPUs.

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