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Melkamu

@melkyed

I came for the jokes, stayed for the existential dread

 Toronto, Ontario
Joined March 2010
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  • Following224
  • Followers105
I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
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OpenAI just closed a historic $122 billion funding round. 💰 Their new valuation sits at a staggering $852 billion. The AI arms race is no longer about building models. It is about hoarding enough capital to control the future grid. #OpenAI #TechNews #ArtificialIntelligence
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Oracle and Meta are quietly letting thousands of workers go. 📉 The tech industry is swapping human engineers for AI-led development. The pivot to machine coding is harsh, fast, and completely reshaping the corporate ladder. #Layoffs #BigTech #Meta #Oracle
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Ontario just changed the housing game. Cutting development charges by up to 50% = • More projects become viable • Builders restart pipelines • REITs accelerate development Top TSX plays: $CAR.UN $REI.UN $DRM $SRU.UN $RY
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🇨🇦 in 2026: • TSX holding stronger than U.S. • Banks under pressure but yielding 5%+ • Energy carrying the market The biggest RISK 👀 🇨🇦 market still sensitive to: •Interest rates •Mortgage renewals-2026/2027 wave
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Melkamu retweeted
Polymarket (@Polymarket) profile picture
Polymarket
@PolymarketMar 29
BREAKING: U.S. officials & Wall Street analysts are now reportedly preparing for the possibility of $200 oil.
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Tokenized money is coming to Canada. •Bank of Montreal launching tokenized cash platform. •24/7 real-time settlements (no banking hours limits) •Built on blockchain-style infrastructure 👉 Think of sending millions instantly like an e-transfer #token #Blockchain #Canada #BMO
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Happening now 👉 a classic rotation From: •Growth (AI, tech, hype) To: •Real assets (energy) •Safety (utilities)
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$Money flowing OUT of: 1. $Tech (biggest loser right now) •Nasdaq in correction (-10%+) •Software + AI stocks dropping hard 2. $Healthcare •Worst month since 2009 (-9%) 3. $Consumer (especially lower income retail) •Weak demand + rising costs
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$Money flowing IN to: 1. $Energy (clear #1 winner) •Oil near $100+ •Sector up ~12% this month 2. $Utilities & Defensive stocks •Steady gains while market drops 3. $Industrials / Materials (select strength) •Some names and commodities outperforming
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AI is no longer experimental. Banks and institutions are now deploying it at scale. This is the real adoption phase. #AI #Finance #Tech #FinTech
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BREAKING: Toronto approves city-run grocery stores In a 21–3 vote, councillors backed Anthony Perruzza’s plan to launch 4 municipally run stores to offer cheaper food. Big test for public retail.
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Big Tech and blue chips in 2026 so far: $NVDA -10.2% 🔴 $AAPL -8.5% 🔴 $GOOGL -12.4% 🔴 $MSFT -26.2% 🔴 $AMZN -13.6% 🔴 $TSLA -19.5% 🔴 $META -20.4% 🔴 Winners standing out: $XOM +42.1% 🟢 $ASML +21.7% 🟢 $JNJ +16.2% 🟢 $COST +14.1% 🟢 $WMT +10.3% 🟢 Rotation is real.
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TSX up 0.2% to 31,961 while Nasdaq bleeds into correction territory. Energy & gold miners cushioning the blow 🛡️ AI sell-off deepens after Anthropic’s new model spooks cyber stocks. CrowdStrike down 6.5% pre-market. $SHOP will probably outperform $NVDA this quarter. Canadian e-commerce is the dark horse nobody’s watching. #TSX #AI #StockMarket #Toronto #SHOP #NVDA
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Looking forward
🤖 Made with AI
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Melkamu retweeted
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Melkamu
@melkyedMar 27
🚨 JUST DROPPED👇: Ontario is seeding a $4 BILLION fund targeting AI, defence & manufacturing. That's on top of Carney's $2B federal Sovereign AI compute fund. #OntarioAI #CanadaAI #Investing #TSX #TechTwitter #BREAKİNGNEWS
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🚨 JUST DROPPED👇: Ontario is seeding a $4 BILLION fund targeting AI, defence & manufacturing. That's on top of Carney's $2B federal Sovereign AI compute fund. #OntarioAI #CanadaAI #Investing #TSX #TechTwitter #BREAKİNGNEWS
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