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BBVA

  • AI, CoCos,
    June 14, 2023

    Buying 3% of the AI Market for $100mm and Night of Living Dead CoCo Zombies part 7

    A 4 week old French AI has achieved a first funding round value of $240mm and that’s as cheap as chips (literally). Meanwhile, AT1/CoCo zombie bonds return from the grave of bad financial ideas, confirming Blain’s mantra: The Market Has No Memory!

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The Morning Porridge is not investment advice. It is market commentary based on discussions and information gathered from multiple sources believed to be reliable. No guarantee is given for its accuracy or completeness. It is not an offer to buy, sell or solicit investments or securities. The author may have a position in companies or institutions discussed in this commentary.

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