Congratulations to @Meta on releasing Muse Wonder and Muse Wonder Full, the frontier models leading on personal and professional agent tasks! Excited to share that Abundant supported evals in long-horizon coding. Muse Wonder Full jumped to 57.5%, ranking 1st place on SWE-Marathon!!!

Wild that Corgi the insurer is in the ETF business. ETFs are mostly distribution + branding so if you can manufacture them cheaply, I get launching a ton and seeing what sticks. And they really are spraying, here are some of them: $BREW Coffee/Energy Drinks: $669K AUM $NYNY NYC Companies: $695k $GLAM Beauty: $990K $LATR BNPL: $990K $ODDZ Gambling: $1.1M $EYES Surveillance: $1.3M $WR US War Machine: $1.4M $STYL Lifestyle Brands: $397K Those combine for $25k in gross fees. But they have a hit, semiconductor photonics $EUV. It’s $506M of the total $914M Corgi AUM and generates ~$1.8M/yr in gross fees. My favorite Corgi ETF is $FDRX. The thesis is that founder-led companies like Nvidia, Meta, Tesla, Palantir, Shopify and Salesforce outperform because founders think and invest for the long term. Great! But this is a 2x leveraged ETF that resets every day, designed for short-term trading… so the whole thing is very very stupid. If a founder index goes +10% today, $FDRX goes +20%. If it then goes -9.09% the next day, you’d be flat on an index but $FDRX is down -18.2% and you’d be down ~1.8% before fees. The fund is down 7% since inception earlier this year. Of course this stupid fund is actually one of the most lucrative for Corgi. It only has $10M AUM but charges 1.08% fees and is their #3 ETF in fee generation. All that being said, IMO launching a bunch of ETFs cheaply and seeing what sticks is a reasonable strategy if your costs are near zero. Still not sure what any of this has to do with the core insurance biz! Feels like this Corgi 🐕 is biting off a lot at once!