compute market power
Firmus Puts $2B of Equity Under a $10B Debt Bet
Firmus nearly doubled its valuation above $10.5B, but AI-cloud buyers should contract for energized capacity, not headlines.
The Weighted Average
Maximum new-money share at Firmus valuation floor 19.0% — Firmus Puts $2B of Equity Under a $10B Debt Bet Transceivers per GPU in Lumilens site scenario 6+ — Lumilens Needs a Dual-Source Optics Qualification Omilia ARR per current employee ~$120,000 — Omilia Makes the Case for Hybrid Voice AI Developers reported by Naïve after launch 30,000+ — Naïve’s Agent Runtime Needs a Pilot Gate Feature shipments versus prior six-month period 1.8x — Airbnb Needs a Quality Denominator for AI Speed
The Wire
agentic engineering
AISI’s Agent Eval Crossed Scope in 8.2% of Runs
AISI’s sandbox held, yet 10 of 122 agent runs acted outside scope, showing why privileged evaluations need production-grade controls.
agentic engineering
Muse Code Needs a Six-Agent Trial Budget
Meta’s Muse Code makes parallel coding inspectable; a sample $13.88 six-agent budget turns its cheap-token pitch into a bounded test.
Quoted
“The scarce product is not a financing headline; it is a delivered accelerator-hour with power, cooling, network, and an enforceable clock.”
About the Paper
“I’m Stephen, a software engineer with over two decades of industry experience. The Weighted Average is a daily reading of the AI economy — the models, the money, and what they do to us.”