Wealt Roundup #75

Good morning ??

Welcome to the new edition of Wealt Weekly Roundup.

This week's highlights include exclusive investment opportunities in SpaceX , Neuralink , Anduril Industries , and the upcoming Figure deal on Wealt Club; SpaceX expands Starship production, Anthropic raises $3.5B and launches Claude 3.7 Sonnet, Perplexity partners with Deutsche Telekom on an AI-powered smartphone, Klarna prepares for a U.S. IPO, OpenAI unveils NextGenAI—plus, our blog explores key trends shaping private markets in 2025.

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

?? Upcoming deals:

• Figure AI - A United States-based robotics company specializing in the development of AI-powered humanoid robots to support us on a global scale.

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

SpaceX published an update on expanding Starship production and launches to Florida alongside ongoing development at Starbase, Texas. A Gigabay integration facility at Kennedy Space Center will support rapid Starship production by 2026.

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SpaceX's Starship rocket experienced a "rapid unscheduled disassembly" during its latest test flight, destroying the vehicle. The incident underscores the challenges inherent in developing reusable spacecraft. Despite the setback, SpaceX remains committed to advancing its Starship program, aiming to revolutionize space travel with fully reusable rockets.

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Anthropic has closed a $3.5 billion Series E funding round led by Lightspeed Venture Partners, bringing its valuation to $61.5 billion. The funding will support next-generation AI development, increased computing capacity, and expansion into new markets. It also aligns with the launch of Claude 3.7 Sonnet and Claude Code, which improve AI reasoning and coding capabilities.

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In response to the White House's Request for Information, Anthropic proposed a set of AI policy recommendations to the Office of Science and Technology Policy (OSTP). The recommendations focus on national security, semiconductor export controls, energy infrastructure scaling, and government AI adoption.

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Anthropic has introduced an upgraded developer console, offering improved tools for testing, deploying, and monitoring AI applications. Now, you can share prompts with your teammates and control the extended thinking budget from the Workbench.

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Groq's Language Processing Unit (LPU) is a high-performance, energy-efficient hardware designed to accelerate AI and machine learning tasks. It enables faster, low-latency processing for real-time AI applications, revolutionizing AI infrastructure and empowering developers to deploy advanced models efficiently.

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Groq deployed Qwen QwQ 32B on GroqCloud? the same day it was released. The 32B model delivers 400 tokens/sec, excels in math, coding, and reasoning, and offers competitive pricing at $0.29 per million input tokens and $0.39 per million output tokens.

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Deutsche Telekom and Perplexity have partnered to introduce an AI-powered smartphone priced under $1,000. The device features advanced AI capabilities designed to enhance user experiences with intelligent features and seamless connectivity. This partnership aims to make cutting-edge AI technology more accessible, offering an affordable yet innovative option for a wider audience.

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Klarna is reportedly preparing to file for an initial public offering (IPO) in the U.S. as early as next week. The company aims to raise at least $1 billion, targeting a valuation of over $15 billion. This move comes after a previous valuation drop to $6.7 billion in 2022, down from over $45 billion in 2021.

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Klarna's CEO, Sebastian Siemiatkowski, expressed doubts that companies will replace established CRM systems like Salesforce with AI solutions. While acknowledging AI's potential, he highlighted the challenges in replicating the comprehensive functionalities and integrations of platforms like Salesforce.

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Canva released a report highlighting the growing role of AI in marketing. The report revealed that 75% of marketers already use AI tools to streamline workflows and boost creativity. The report emphasizes how AI enhances productivity, personalization, and content creation but also notes challenges like maintaining brand authenticity. Canva’s findings underscore the transformative impact of AI on the marketing industry.

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Market updates

• ?? Flo, a leading women's health app, is exploring multiple acquisition offers as competition in the femtech sector heats up, signalling growing investor interest in digital health solutions focusing on AI-powered reproductive and wellness tracking.
• ?? Donald Trump has called for a crypto strategic reserve, proposing that the U.S. government hold digital assets to hedge against inflation and economic uncertainty, which could reshape national crypto policy.
• ??? Billionaire Mark Cuban has offered to fund a government tech unit after it was abruptly shut down overnight, arguing that the agency was crucial for modernizing public sector technology and AI-driven infrastructure.
• ?? Google has upgraded Colab with an AI-powered assistant, helping coders automate debugging, optimize machine learning workflows, and receive real-time AI-driven code suggestions within their notebooks.
• ?? ChatGPT doubled its weekly active users in under six months, driven by new feature releases and updates that have enhanced its functionality and user experience. This rapid growth underscores the increasing reliance on AI tools for personal and professional use.
• ??? Scale AI secures a multimillion-dollar defence deal, solidifying its role in advancing AI applications for military and defence operations. The deal highlights the growing importance of AI in national security and strategic decision-making.
• ?? After receiving regulatory approval, Meta expands its anti-fraud facial recognition test to the UK. The technology aims to enhance security measures and combat online fraud, reflecting Meta’s commitment to user safety and trust.
• ???? The EU proposes an €800 million defence plan for Ukraine, signalling increased support amid ongoing geopolitical tensions. The plan aims to bolster Ukraine’s defence capabilities and strengthen regional security.
• ?? Amazon is reportedly developing its AI reasoning model to compete with leading AI technologies and enhance its cloud and retail services. This move highlights Amazon’s ambition to remain at the forefront of AI innovation.
• ?? General Catalyst loses three top investors as the firm expands beyond venture capital and considers an IPO. This shift reflects the firm’s evolving strategy and focus on broader investment opportunities.
• ?? Revolut and Visa filed legal challenges against the PSR’s plan to cap fees, arguing it could harm innovation and competition in the payments industry. The case highlights the ongoing debate over regulation in the fintech sector.
• ?? OpenAI introduces NextGenAI, a new AI model designed to push the boundaries of machine learning and deliver more advanced, human-like reasoning capabilities. This release marks a significant step forward in AI development.
• ?? The CFPB drops its lawsuit against JPMorgan, BofA, and Wells Fargo over Zelle fraud, easing regulatory pressure on major banks. The decision reflects a shift toward addressing fraud prevention rather than litigation.
• ?? The DOJ continues to push for Google to divest Chrome as part of its antitrust efforts to promote competition in the tech industry. This move could have significant implications for Google’s market dominance.
• ?? Neuralink files a trademark for "Telepathy", signalling its next steps in developing advanced brain-computer interface technologies. This innovation could revolutionize how humans interact with machines.
• ?? 1,500 federal workers are using a new AI chatbot to streamline tasks and improve efficiency in government operations. The chatbot represents a growing trend of AI adoption in public sector workflows.
• ?? Fintech startup Chime submits confidential IPO paperwork, signalling its plans to go public and capitalize on its growing market presence. The move reflects Chime’s success in disrupting traditional banking services.
• ?? Mistral introduces OCR technology, enhancing its AI capabilities for document processing and data extraction. This innovation aims to improve efficiency in industries reliant on accurate and fast data handling.
• ?? OpenAI has partnered with Nubank to integrate AI-powered financial tools, enhancing customer support, fraud detection, and personalized banking experiences for millions of users in Latin America.

Wealt blog spotlight

This week’s selected blog is 2025 Private Markets Outlook: Reflecting on 2024 and Key Trends for 2025.

Private markets remained resilient in 2024, with AI, healthcare, and infrastructure leading investments. Companies stayed private longer for flexibility, while ESG became central to investment strategies. As 2025 unfolds, private markets are set for growth, driven by technology and sustainable investing. Platforms like Wealt are making these opportunities more accessible.

Read more.

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With warm regards and enthusiastic spirits,

Wealt Team ???