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Hi everyone – welcome to your 3 Shifts Edition [AI-generated audio version].

First, in the AI chip race, inference is where the real volume game sits – and unfortunately Nvidia’s general-purpose GPUs aren’t ideal for inference. Deal-making around inference chips is happening now at a rapid-fire pace, as players aim to make inference faster and cheaper.

Next, OpenAI and Anthropic are tying up with consulting giants – which may mean consulting is not dead after all. These partner programs are clearly about leverage in the race for enterprise AI, and bringing armies into companies to deploy AI models at production-scale.

Finally, both Nasdaq and NYSE want to tokenize stocks, and the regulatory landscape is ripe for an exemption sometime soon. However, almost everyone wants official on-chain versions of stocks, not just crypto-flavored knockoffs.

Enjoy.

Tam

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