GPT-5.6 Reactions, Phoebe Gates’ Phia Drama, Hollywood Chases Internet Horror | Diet TBPN

**John Coogan** (0:02)
SK Hynex is up, successful IPO, up 14% in the Wall Street Debut. The South Korean memory chip giant, SK Hynex made its NASDAQ Debut today, raising $26.5 billion in the largest ever, first time US share sale by a foreign company. Demand reportedly exceeded the available shares more than sevenfold, but to give a sense of the scale of this thing, normally when we hear about 7X oversubscribed IPOs, you might be expecting 100% pop, 80% pop.
At this level of price and demand, you're just seeing a 14% pop, but still a great debut nonetheless. The company's American depository receipts opened, the ADR shares opened at 170, 14% above the 149 they were offered at, giving SK Hynex a market cap of roughly $1.03 trillion. We got another one, another, another trillion dollar company in the AI boom. The Blockbuster listing caps an extraordinary run for memory manufacturers, fueled by surging demand from AI systems, particularly for high bandwidth memory, used alongside advanced AI accelerators. SK Hynex, Samsung and US based Micron dominate the global memory market and SK Hynex is Korean listed shares up over 600% in the past year.

**Jordi Hays** (1:29)
Is that good?

**John Coogan** (1:30)
Rushed to gain exposure to one of the AI boom's most critical bottlenecks, but it's been tricky to get shares and participate in SK Hynex because you got to go over to the CUSPY, you got to go over to the South Korean index. Instead, now you can just head to the NASDAQ and get your ADR shares in SK Hynex. So congratulations to the whole team over there, a massively successful IPO. The Wall Street Journal asks a question. They say, why is SK Hynex trading under a temporary ticker symbol?
They're currently trading under the temporary ticker SKHYV before reverting to a permanent ticker on Monday, SKHY.
The V in the temporary symbol indicates the shares are trading on a when-issued basis. They haven't been fully issued yet, meaning the exchange is allowing investors to buy and sell the stock on its first US trading day before the transaction actually settles because they're sort of being eased into the American markets. This is not the case with all ADRs, all American depository receipts, but rather a tool used to close the gap when a transaction has been announced, but the actual delivery of the shares hasn't finished. So all in process now to bring SKHY to the American markets. And that looks like a lot of red, but the stock is up. It just opened at 170 And so the fact that it is flat relative to where it opened does not reflect the 14% pop or 16% pop. What was it? 14% pop from the actual issuance price. Most of the folks that bought shares in the IPO, that $26 billion that went into the company, of course, situational awareness. There were a few others. Bailey Gifford all participated early, at least according to early news. I assume that those transactions closed. They are all sitting up 14% today and will be continuing to follow this.

**Jordi Hays** (3:17)
Canner in the chat says, CERN has only been off for a week and John is dressing casual.

**John Coogan** (3:22)
Ooh, you think it's a conspiracy. I like it. I like it. 5.6 launched yesterday, 5.6 Soul and Soul Ultra and people are having fun with it. More and more demos are hitting the timeline. There's a lot of controversy over the desktop app for Mac. We can get into that, but first, let's play a little bit of this video.
Someone tried to recreate all of Interstellar, truly trying to infuriate Christopher Nolan the most probably. This is the exact opposite of what he wants to see, I imagine, considering that he doesn't even use CGI very often. But this is an incredible demo, although I don't think this will be picking up a billion dollars at the box office anytime soon. But it is incredible that you're able to go from prompt to 3D model, to rendering so quickly.
Very, very cool demo. And it feels like a new meme, a new art form. You have to be creative with it. Merely recreating Interstellar is not going to do it. It's not going to do anything other than just be an impressive demo of the technology. But when you look at what people have done with Blender, you can imagine that with creativity added to this and a new storyline and something that leans into the rough edges of this particular thing.

**Jordi Hays** (4:44)
There's also going to be a whole meta of like, I recreated Interstellar, but I cast Conor McGregor as, you know.

**John Coogan** (4:51)
And I imagine that this gets even more powerful when you use style transfer and video models on top. I've been seeing a lot of people block out AI videos, either just using their iPhone, so they'll just have like you're playing an actor who's playing like an old character and then you're reading the lines you're giving the delivery and then that is used as the driving video for some of these AI video models. And you get much better results with that. And I've also seen people block out little examples of driving scenes or different mechanical scenes in Blender and then use an AI video model to take it to high fidelity. And because the video model has an underlying reference that is deterministic and physically accurate, even though it's low fidelity and very like blocky, you wind up with a better AI video at the end of the project. So you can imagine someone taking an idea, puppeteering a 3JS model like what's happening here, and then adding basically a style transfer layer on top with AI video to get to something that's a lot more photoreal and more striking. But again, you wind up in the situation where if you, you can go and recreate Interstellar perfectly, but at the end you just have Interstellar, which already exists and is available to stream. So you didn't really get anything in the process. You have to bring something special to the table. But I'm excited for the inevitable mashups of this, the Connor McGregor starring in Interstellar or something like that. Also there's a Broccoli Farmer that's running his farm on GPT 5.6 apparently. This was in the demo video, but Daniel Tenriro shares a very funny meme showing the, well, I don't even know what aesthetic this is. This is the D'Share Zone aesthetic. That was the account that shared all of this. The extreme skeleton with the two revolving pistols. Very fun. Daniel Tenriro shares some more information. He says, we were promised flying cars, instead we got a Broccoli Farmer running his farm with GPT 5.6. I don't know. It's still relevant to show a demo that is as far afield. Everyone knows how these models can be used for research, how these models can be used for coding. That gets a little boring. I want to imagine something completely different that I can then pull into my daily life. What is the equivalent task that I'm doing in my life that I can take?