$Microsoft (MSFT.US)$ Watching Andrej Karpathy presentation from today and taking twitter notes, come along for the ride:
Andrej Karpathy starts with stages:
1 - Pre-training - months x thousands of GPUs
2, 3, 4 - Finetuning stages that take hours or days
Before pre-training happens, there are 2 preparation steps.
Data collection - Get tons of data from different sources (here Andrej LLaMa mixture)
Tokenization - a lossless translations between pieces of ...

$Grab Holdings (GRAB.US)$ 40b market cap with 1.5b net loss in first 6mth of 2021?
LOL to the 🌙

$Altimeter Growth Corp (AGC.US)$ Never going to touch this stock that is way overpriced to bailout Grab who is using investor’s $ to pay Uber.
Grab as a digital business if cannot make $ during Covid (when all other digital brands grew XXX%), it will never be profitable. All Grab does is copy other trailblazer brands like AliPay, Uber, Foodpanda & others. Even its so called ‘SuperApp’ goal is copying ANT & TenCent (however unlike the Chinese SuperApos which operated in 1 huge single PRC market; Grab’s SEA market is fragmented across 9 countries, difficult to scale). Worse, in Grab’s biggest market Indonesia, GoTo is the #1.
Better to invest my $ elsewhere, in companies that innovate & able to scale.

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Thanks $Futu Holdings Ltd (FUTU.US)$ MooMoo for coming out with new merchandise rewards.
Hopefully, we can also see the bunny and the life-sized elephant as mention in here.
Also, there is an Elephant event 'Gold Coin Madness!' happening right now, and end on 8 December 2021.
Once again, thank you $Futu Holdings Ltd (FUTU.US)$ MooMoo.

$Futu Holdings Ltd (FUTU.US)$
"Financial licenses have national boundaries," Sun said. "Overseas institutions with only overseas licenses conducting business in mainland China is illegal financial activity."
The transcript of Sun's speech was released on the website of the Finance 40 Forum, which organised the summit.
https://www.channelnewsasia.com/business/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2274406?clientlang=1

$Altimeter Growth Corp (AGC.US)$
According to PPRO's data, Southeast Asia's top-5 e-commerce markets (Indonesia, Malaysia, Philippines, Singapore, and Vietnam) have been growing at an average rate of over 27% year over year. However, the region is underbanked, and credit card penetration varies widely. Take Indonesia, for example. The e-commerce market there is growing faster than India's, but only 3 to 5% of the population has a credit card.
For this reason, GrabPay is one of the best ways to reach consumers and increase sales in this region.
$Alibaba (BABA.US)$