Wealt Roundup #73

Good morning ??

Welcome to the new edition of Wealt Weekly Roundup.

This week's highlights include SpaceX 's latest developments, Neuralink 's ongoing deal, Anthropic 's AI updates, Groq 's financial manoeuvres, Perplexity 's open-source move, and major AI, fintech and market shifts, plus a deep dive into the FIRE movement for financial independence.

Stay informed with Roundup – your guide to finance and tech trends!

Live deals on Wealt

Your weekly dose of exclusive investment opportunities is here! Check out the hottest live and upcoming deals on Wealt this week—don’t wait because these opportunities won’t last long. ??

?? This week’s deals:

• SpaceX - An aerospace company that designs, manufactures, and launches rockets and spacecraft.
• Radiant Nuclear - A nuclear technology and clean energy startup focused on developing portable, zero-emission microreactors.
• Neuralink - Develops a brain-machine interface that allows people with quadriplegia to control their computers and mobile devices with their thoughts.

?? Upcoming deals:

• (25.02.2025) Anduril - A defence technology company that specialises in autonomous systems and artificial intelligence.

Don’t miss out - register your interest!

Download the App Store or Google Play app to access detailed investment information, including fact sheets and key deal insights, and register your interest before these opportunities close.

Portfolio news

Elon Musk has suggested that the International Space Station (ISS) be deorbited "as soon as possible," stating it has "served its purpose" and offers "very little incremental utility." This recommendation comes amidst a public dispute with former ISS commander Andreas Mogensen regarding the extended stay of two NASA astronauts on the station.

Read more.

Debris from a SpaceX Falcon 9 rocket, launched on February 1, 2025, re-entered Earth's atmosphere and landed in Poland. A 1.5-meter by 1-meter object was found near Poznań, with another similar container discovered in the Wiry village forest. Authorities, including the Polish Space Agency, are investigating the incidents.

Read more.

Anthropic is preparing significant updates to its AI assistant, Claude, introducing new reasoning features and web search capabilities on both web and mobile platforms. These enhancements coincide with Amazon's event on February 26, where a potential partnership may be announced, possibly integrating Claude's technology into Amazon's services.

Read more.

Jonathan Ross, CEO of semiconductor startup Groq, revealed that the company faced a severe cash shortage before securing a $300 million funding round in 2021. To navigate this period, Ross asked employees to accept reduced cash salaries in exchange for equity, a strategy inspired by World War II-era war bonds.

Read more.

Jonathan Ross, founder and CEO of Groq, has joined 20VC to discuss The Future of Training vs. Inference.

Read more.

Perplexity has open-sourced R1 1776, a version of the DeepSeek-R1 model post-trained to provide unbiased and accurate information. This release aims to enhance transparency and foster community collaboration in AI development.

Read more.

Market updates

• ?? South Korea?blocks downloads of DeepSeek?from local app stores, citing regulatory concerns over data privacy, security, and compliance with local laws. This marks a significant move in the country’s tech regulation landscape.
• ?? The US’s?first major AI copyright ruling?could set a precedent for how intellectual property laws apply to AI-generated content, potentially reshaping innovation and ownership in the tech industry.
• ?? Elon Musk?debuts Grok 3 AI, a next-generation conversational AI model that promises enhanced natural language understanding and real-time interaction capabilities, further advancing AI-driven communication tools.
• ?? X’s?$44 billion valuation holds steady?as Elon Musk continues to attract investor interest, showcasing confidence in the platform’s growth potential despite market fluctuations and competitive pressures.
• ?? Microsoft?prepares for OpenAI’s GPT-5 model, integrating the next-generation AI into its ecosystem to enhance productivity tools, cloud services, and enterprise solutions, signalling a major leap in AI adoption.
• ?? Microsoft?advances quantum computing?with its Majorana-based processor, achieving a significant milestone in developing scalable and error-resistant quantum systems for future computing.
• ?? OpenAI explores the impact of?ChatGPT on college students, highlighting its transformative role in education, from assisting with research and assignments to reshaping how students engage with learning materials.
• ??? OpenAI?launches Swe-Lancer, a new AI-powered tool designed to streamline software development tasks, offering developers enhanced efficiency and productivity in coding and debugging processes.
• ?? Revolut?doubles down on hybrid working, emphasizing flexibility and remote work options for its global workforce, reflecting a broader shift in workplace dynamics post-pandemic.
• ?? Global?fintech investment falls to a seven-year low, driven by economic uncertainties, regulatory challenges, and shifting investor priorities, signalling a potential slowdown in the sector’s rapid growth.
• ?? Trump?considers returning $20 Doge savings?to Americans, sparking discussions on cryptocurrency policies and their role in the economy as digital assets continue to gain mainstream attention.

Wealt blog spotlight

This week’s selected blog is The FIRE Path to Retirement Freedom.

The FIRE (Financial Independence, Retire Early) movement focuses on achieving early retirement through disciplined saving and smart investing. By saving 50–70% of their income and following the 4% rule—where retirees withdraw 4% of their portfolio annually—individuals aim to generate enough passive income to sustain their lifestyle indefinitely. While FIRE offers financial freedom and greater control over time, it requires careful planning, frugal living, and a strong commitment to long-term wealth building.

Read more.

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With warm regards and enthusiastic spirits,

Wealt Team ???