The morning paper for digital tycoons

The Digital Tycoon

AI, bitcoin, crypto, chips and the future, read and ranked for you before the open. Five minutes. Weekdays at 6.

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MRTY · your analyst

BTC$82,165 +1.10%ETH$2,456 +3.57%SOL$106.75 +3.44%S&P7,744 +0.33%NASDAQ26,713 +0.08%10Y5.09% -10 bpDXY101.79 -0.21%GOLD$4,206 +0.85%BTC$82,165 +1.10%ETH$2,456 +3.57%SOL$106.75 +3.44%S&P7,744 +0.33%NASDAQ26,713 +0.08%10Y5.09% -10 bpDXY101.79 -0.21%GOLD$4,206 +0.85%

Today's issue · free to read

This is what lands at 6am.

Friday · October 16, 20265-minute read

Meta gave away a model you can run on a desk, and the bond market rallied straight through the hottest wholesale inflation in four years.

The Big One · AI

Meta just handed builders a top AI model they can own instead of rent

On Thursday, Meta released Muse Spark Open, an AI model anyone can download, run and change. Meta calls it the most capable open-weight model from an American lab, built for coding and agents. It's also a U-turn: when Muse Spark launched in April, Meta kept it closed.

"Open weights" means you get the model itself, not a login to someone else's server. This one is huge, about 816 billion parameters, the dials it learned in training. But it only wakes up about 42 billion for each word it writes, which makes it practical. Meta worked with Apple so it runs on two linked Mac Studios, and it's live on hosts like Groq and OpenRouter.

Read the whole issue →

Inside every issue

Six sections. The same order every morning.

The Tape

BTC first, then ETH, SOL, the S&P, the Nasdaq, the 10-year, the dollar and gold. One line on what it's saying.

The Big One

The story you'd regret missing, with what it means for building and for owning.

The Wire

Six briefs from six different beats, ranked, each with a link to go deeper.

The Signal

The thing most people missed: a filing, a flow, a footnote, a repo.

The Workshop

One AI move you can make before your coffee goes cold.

The Question

A question digital tycoons actually ask, answered straight.

AICHIPS + ENERGYROBOTS + FUTURE TECHBITCOINCRYPTODIGITAL MEDIADIGITAL BUSINESSMACRO + GEOPOLITICS

The series

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The Digital Tycoon

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The morning read. Five minutes.

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Sundays · 7:00 ET

The week in one read, plus the big idea.

The Monthly Edition

First Sunday

Named for its month. Every beat mapped, the month on one board.

Tycoon Quarterly

Jan · Apr · Jul · Oct

The zoom-out, and the theses we're tracking.

The Annual Tycoon

Last Sunday of Dec

The year in review and the year ahead.

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