๐ข๐ฝ๐ฒ๐ป๐๐: ๐ด๐ฟ๐ผ๐๐๐ต ๐ด๐ผ๐น๐ถ๐ฎ๐๐ต? ๐ค๐
๐ฉ๐ฎ๐น๐๐ฎ๐๐ถ๐ผ๐ป: ~$๐ฏ๐ฌ๐ฌ๐ฏ round in Mar 2025, with more recent marks closer to ~$๐ฑ๐ฌ๐ฌ๐ฏ, on โ$๐ญ๐ฏ๐ฏ 2025 revenue โ roughly ๐ฎ๐ฐโ๐ฐ๐ฌ๐ ๐๐ฎ๐น๐ฒ๐.
๐๐ฎ๐๐ต ๐ฑ๐๐ป๐ฎ๐บ๐ถ๐ฐ๐: โ$๐ต๐ฏ cash burn this year; cumulative cash burn guided around $๐ญ๐ญ๐ฑ๐ฏ by ๐ฎ๐ฌ๐ฎ๐ต, with ๐ฐ๐ฎ๐๐ต-๐ณ๐น๐ผ๐ ๐ฝ๐ผ๐๐ถ๐๐ถ๐๐ฒ only expected in ๐ฎ๐ฌ๐ฎ๐ตโ๐ฎ๐ฌ๐ฏ๐ฌ.
๐๐ฟ๐ผ๐๐๐ต ๐ฏ๐ฒ๐: management is effectively pitching a path to ~$๐ฎ๐ฌ๐ฌ๐ฏ ๐ฟ๐ฒ๐๐ฒ๐ป๐๐ฒ by ๐ฎ๐ฌ๐ฏ๐ฌ (~๐ญ๐ฒ๐ from today) to make the economics of massive AI infra spend work.
๐๐ป๐ณ๐ฟ๐ฎ & ๐ฝ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐: deep ties to $MSFT (Microsoft) (cloud + equity), $NVDA (NVIDIA Corporation) (chips, 10GW LOI), $ORCL (Oracle Corporation) and SoftBank via ๐ฆ๐๐ฎ๐ฟ๐ด๐ฎ๐๐ฒ, with ๐ต๐๐ป๐ฑ๐ฟ๐ฒ๐ฑ๐ ๐ผ๐ณ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป๐ in planned US AI data-centre capex that could increasingly drive earnings weight inside $NSDQ100 and $SPX500.
๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป ๐ณ๐ผ๐ฟ ๐ถ๐ป๐๐ฒ๐๐๐ผ๐ฟ๐: ๐ฎ๐ฟ๐ฒ ๐๐ฒ ๐๐๐ถ๐น๐น ๐ฒ๐ฎ๐ฟ๐น๐ ๐ถ๐ป ๐๐โ๐ ๐ฆ-๐ฐ๐๐ฟ๐๐ฒ โ ๐ผ๐ฟ ๐ฎ๐น๐ฟ๐ฒ๐ฎ๐ฑ๐ ๐ฝ๐ฎ๐๐ถ๐ป๐ด ๐ง๐๐ฟ๐ฏ๐ผ ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐ด๐ฟ๐ผ๐๐๐ต?
แด ษช๊ฑแดสแดษชแดแดส: ษดแดแด ๊ฐษชษดแดษดแดษชแดส แดแด แด ษชแดแด. แดแดสแดแดแด๊ฑ ๊ฐสแดแดแดแดแดแดแดโษชษดแด แด๊ฑแด แดกษช๊ฑแดสส.... Show More
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Sun Feb 15 2026 04:41:55 GMT+0000 (Coordinated Universal Time)
