3 Shifts Edition (Jan 9 2026): 2026 IPO filings have begun, The new class of stablecoin-based neobanks, TPUs & custom AI chips will be a big category

Hi everyone – welcome to your 3 Shifts Edition [AI-generated audio version].Our last edition before the holidays looked at the coming surge in IPOs, with a backlog that Barclays said going into 2026 was the “largest we've seen in over four years – and growing.” Now, just a little over a week into 2026, the IPO filings have begun.Next, there’s a wave of stablecoin-based neobanks emerging from the momentum of the GENIUS Act. Some of them already hold or are pursuing banking licenses, while others are just front-ends sitting on top of chartered banks and stablecoins.Finally, Google is selling its TPUs to third parties, with $21B in orders from Anthropic and possibly more from Meta. It has some industry analysts speculating that TPUs could capture 20% of the AI chip market within a few years.Enjoy.TamSign up for free briefs mostly written by real people on 6Pages.com