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Iridium Holders Approve Rocket Lab's $54 Deal
Kevin Durant's Hugging Face Bet and Nvidia's $12.9B Deal
Anduril Isn't the Only One Building Air Force Drones
Could Europe's Data Centers Revive Nuclear Power?
US Debt Hits $40 Trillion. Yields Make It Worse
Private Equity's Growing Role in U.S. Insurance
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Iridium Holders Approve Rocket Lab's $54 Deal
Iridium holders get $27 in cash plus Rocket Lab stock per share, a collared exchange valued at a notional $54. Closing is expected by mid 2027, per the same release, pending regulatory approval. What…
Kevin Durant's Hugging Face Bet and Nvidia's $12.9B Deal
TL;DR: Nvidia has reportedly agreed to acquire Hugging Face for about $12.9 billion. Kevin Durant's Thirty Five Ventures put $100,000 into Hugging Face's 2018 seed round and $150,000 into its 2019 Se…
Anduril Isn't the Only One Building Air Force Drones
TL;DR: The U.S. Air Force is building two drone fleets worth roughly $15 billion combined: 500 Collaborative Combat Aircraft from General Atomics and Anduril, plus 500 cheaper Massed Modular Aircraft…
Could Europe's Data Centers Revive Nuclear Power?
TL;DR: Yes, and it's already happening. Google just signed a 22 year nuclear power deal in Finland at a roughly 60% premium to forward prices, per a report cited by Yahoo Finance. Europe's data centr…
US Debt Hits $40 Trillion. Yields Make It Worse
TL;DR: US debt hit $40 trillion this week as the 10 year Treasury yield jumped to 5.23%, its highest since 2007, and the 30 year hit 5.49%, its highest since 2004, per Hindustan Times and Fortune. A …
Private Equity's Growing Role in U.S. Insurance
I signed off on more than 1,000 QA jobs on a nuclear submarine. Every one asked the same question: who actually verified this, and what happens if they were wrong? That question belongs in your insur…
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