Podcasts about moonshots

Plus: Lawmakers call to reverse cuts at CISA. Activist investor Elliott Investment Management acquires stake in Deutsche Telekom and opposes T-Mobile merger. Julie Chang hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The mates sit down with Philip Johnston and Matt Pines to discuss humanity's first star probe, Architect Labs outperforming NVIDIA by 3.4x, Musk's plan to use satellites to cool Earth, OpenAI blocking Elon, Sam Altman's four-month AGI timeline, and the first fully AI-designed chip. Sign up for our AMA at ⁠http://Moonshots.com/ama Get access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends   Peter H. Diamandis, MD, is the Founder of XPRIZE, Singularity University, ZeroG, and A360 Salim Ismail is the founder of Open ExO, a GP at Exponential Venture Capital/The Organizational Singularity Fund and a sought after global speaker and thought leader. Dave Blundin is the founder & GP of Link Ventures Dr. Alexander Wissner-Gross is a computer scientist and founder of Reified Philip Johnston is the co-founder and CEO of Starcloud, a space technology company building orbital data centers to meet the growing energy demands of AI. Matt Pines is the CEO of Physical Superintelligence (PSI) and a national security and emerging technology expert focused on the intersection of AI, geopolitics, cybersecurity, and strategic policy.  – My companies: Apply to Dave's and my new fund:https://qr.diamandis.com/linkventureslanding   Get the blueprint for generative media https://goo.gle/startupgenmedia  Go to Blitzy to book a free demo and start building today: https://qr.diamandis.com/blitzy   Your body is incredibly good at hiding disease. Schedule a call with Fountain Life to add healthy decades to your life, and to learn more about their Memberships: https://www.fountainlife.com/peter  _ Connect with Peter: X Instagram Substack Website Xprize A360 Connect with Dave: Web X LinkedIn Instagram TikTok Connect with Salim: LinkedIn X Join Salim's 10X Shift Subscribe to Salim's YouTube channel Exponential Venture Capital Connect with Alex Website LinkedIn X Email Substack  Spotify Threads Connect with Philip Website LinkedIn X Instagram Connect with Matt Website X LinkedIn Listen to MOONSHOTS: Apple YouTube Follow MOONSHOTS:  Instagram TikTok X Threads – *Recorded on September 1st, 2026 *The views expressed by me and all guests are personal opinions and do not constitute Financial, Medical, or Legal advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

Kevin Carter of EMQQ Global explains that AI is reshaping emerging markets, with TSMC (TSM), Samsung, and SK Hynix—his "Mag Three"—driving returns as the dominant "picks and shovels" providers. He also introduces EMQQ Global's Tigers product, offering U.S. investors exposure to China's open-weight LLMs like DeepSeek and Moonshot.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

3 Takeaways from my conversation with Deniz Kent, CEO of Prolific Machines: 1. Moonshot thinking starts with a real problem. Deniz saw conflict over resources and asked: what if cells could make everything we need? That question built a company. 2. The best technology has the lowest cost AND highest quality. When those two things align — adoption follows. Every time. 3. Assemble people smarter than you. Deniz conceived the idea. Then got out of the way and hired scientists better than himself. That's leadership.   --- About Deniz Kent, PhD • Co-Founder & CEO, Prolific Machines (Oct 2020–Present). Conceived the core technology, built the leadership team, and secured $90 M+ from top-tier investors including Breakthrough Energy Ventures, In-Q-Tel, Ki Tua Fund, Mayfield. • GSK, Scientist (Sep 2014–Sep 2015). Developed in-vitro monocyte-derived dendritic cell models to investigate tolerogenic receptors. • University of Bristol, Tumour Immunology Researcher (Sep 2014–Sep 2016). Investigated adenosinemediated suppression of CD8⁺ T cells. • UMass Medical School, Visiting Scholar (Jun 2019–Dec 2019). Advanced collaborative research on hepatic cell models. Domain expertise & credentials • Conceived the vision for optogenetic bio- manufacturing and moved to the U.S. to co-found and lead Prolific Machines. • PhD, Centre for Stem Cells & Regenerative Medicine, King's College London ('16–'20). Co-discovered a novel human liver stem cell population (Segal & Kent et al., Nat Comm 2019). Led first high-throughput small-molecule screen on iPSC-derived hepatocytes—identifying 7 novel hits, 2 under patent. • Technical specialties include optogenetics, single-cell RNAseq, iPSC differentiation, AI-driven bioprocess optimization Notable awards & recognitions • Deniz is a member of Founder's Pledge and was appointed to the World Economic Forum's Bioeconomy Initiative. Connect with Jon Dwoskin: Twitter: @jdwoskin Facebook: https://www.facebook.com/jonathan.dwoskin Instagram: https://www.instagram.com/thejondwoskinexperience/ Website: https://jondwoskin.com/LinkedIn: https://www.linkedin.com/in/jondwoskin/ Email: jon@jondwoskin.com Get Jon's Book: The Think Big Movement: Grow your business big. Very Big! Connect with Deniz Kent, PhD: Website: https://www.prolific-machines.com  X: https://x.com/prolificmachine   LinkedIn: https://www.linkedin.com/company/prolific-machines    *E - explicit language may be used in this podcast.

In June, the most capable American AI models stopped shipping as public launches and started shipping through a government gate. Six weeks later the gate is open again — and the real fight has moved to the layer no gate can touch. A Chinese open-weight model rattled trillions out of chip stocks, Washington pivoted from gating American closed models to threatening bans on Chinese open ones, the industry mounted its largest-ever policy counter-mobilization, and an American frontier model literally broke out of its lab and hacked another company. Knee-jerk reactions, or the beginning of real AI governance? Navigation: Intro The Gate Opens The Kimi Shock The Escape The Counterstrike and the Petition Interlude — The Low-Background Books The Investor Reckoning Conclusion Our co-hosts: Bertrand Schmitt, Entrepreneur in Residence at Red River West, co-founder of App Annie / Data.ai, business angel, advisor to startups and VC funds, @bschmitt Nuno Goncalves Pedro, Investor, Managing Partner, Founder at Chamaeleon, @ngpedro Our show: Tech DECIPHERED brings you the Entrepreneur and Investor views on Big Tech, VC and Start-up news, opinion pieces and research. We decipher their meaning, and add inside knowledge and context. Being nerds, we also discuss the latest gadgets and pop culture news Subscribe To Our Podcast Bertrand Introduction Welcome to Tech Deciphered Episode 80. This one, once again, will be all about AI, government, frontier models, and open weight counterstrike. A lot has been happening in the regulation space, in cybersecurity, in the launch of new models in the past, maybe just 6–8 weeks. It’s actually pretty insane how much happened. We believe it was time to do an episode to talk about where we are and maybe where all of this is going. Maybe let’s start with a summary of where we stand, all that June and July saga, so you, our listeners, can get up to speed if you are not already there. You want to start with some points? Nuno The Gate Opens Yeah. Again, to your point, the gate swings. The gate had closed. We had to prepare an episode for the gate closing, and then the gate reopened. Now we have a different episode. This will probably change again as we’re seeing there’s news every day. Let’s start maybe with the first 19 days of the gate closing. There was an executive order on June 2nd from President Trump that asked frontier labs to share models with the government, 30 days pre-release. It inferred the protected frontier model designation into that. Basically, it was effectively a de facto licensing agreement defined by an executive order of the President as of June 2nd. On June 9th, Anthropic launched Fable 5 and the famous Mythos 5 or Mythos. I’m not sure how you actually say it in English. Then on June 12th, there was an export control directive banning access by any foreign national. Since there’s no way to verify nationality in real-time, Anthropic had to switch the models off for everyone worldwide. Bertrand On this point, you could argue that there are possibilities to check IDs. Many services let you check IDs online. You can pre-check a flight by showing your ID. There are ways, it’s just that if you don’t want to follow what’s already available, because guess what? Maybe it slowed down your revenue growth, maybe it looks bad on you or whatever. My point is that there was actually an option. I think it’s already a decision from Anthropic to say it’s either on or off, but nothing in between. Nuno I think the point is they had no way implemented of doing it. If they implemented it, to your point, it would have hampered use in general. A lot of people wouldn’t have gone through that trouble of doing it. Anyway, long story short, in June 26th, the White House apparently asked OpenAI to limit GPT-5.6, so Sol, Terra, Luna, to only 20 vetted partners. Now, apparently, the trigger for a lot of these things that have been going on was that there was a jailbreak that was found by Amazon researchers. All of that led to this jumping around of, let’s close the gates. You have foreign nationals, and therefore, Anthropic got it out and said, “Hey, then we’re going to switch the models off until we can sort this out.” OpenAI was asked also to only allow it for certain vetted partners, et cetera. The government came in, closed the gates effectively, and said, “From now on, we need to be involved in this thing.” De facto regulation, there’s no doubt that this has imposed de facto regulation, certainly on the top players in the market. But then came the reversal. Bertrand, do you want to talk about the reversal, the gate swinging the other side? Bertrand Maybe I just wanted to say that as a user of Anthropic products, ChatGPT products, for the brief moments, a few days where Fable 5 was made available to the public before it was closed the first time, I immediately started using it. I must say it was a real issue to use it because the guardrails were pretty crazy. It would keep saying that my code was not okay, there was cybersecurity risk and stuff when I was doing absolutely reasonable development with absolutely no connection whatsoever to any cybersecurity risk, attack, detection, anything. Still, it would keep blocking me, degrading me to Opus 4.8 at the time. I just want to say this was already very hardcore what they were implementing, and not just hardcore, but in some ways, plain stupid for something that’s supposed to be super smart. It was totally unable to classify properly some of my work. I must say I was already disappointed. On top of it, the costs were insane. Half a day, I would reach my limits when I had the best plan you can get from Anthropic. My point is that there were some real serious issues when they launched Fable 5, even at that point. Nuno I had a similar issue. I used Fable 5 as well before they had to take it offline or take it off. I think the issue was really not that the guardrails failed. As you said, maybe the guardrails were actually too aggressive, but it was this jailbreak that caused the recall, apparently caused this knee-jerk reaction. Bertrand But my point is that it seems that it was not working either way. It would either overclassify something that’s absolutely not doing anything wrong, and it might fail to classify something that is actively trying to do some cybersecurity work. It’s a real issue of quality for a company that’s supposed to be at the forefront of quality of AI and everything. I think for me, there are already signs that something is deeply wrong. Nuno Then it’s reversed, right? We went the other way around. The government came out on June 26th and approved redeploying Mythos 5 to US organizations defending critical infrastructure, and then the export controls were effectively lifted on June 30th. July 1st, Fable 5 came back online for all of us to use. Shocking enough, with strings attached, that were different. They had some time to revise their commercial deployment of it along the way because it came back with some, “Now you have usage credits, but you have some limits on plan use, et cetera.” I’m like, “You guys, this was blocked. But meanwhile, you did have some time to do some commercial stuff around it.” Bertrand It was crazy. I’ve never witnessed any such crappy launch of any service whatsoever in 30 years in tech, it was so bad. Every day, they would change the terms of service. They would tell you it’s part of the plan. It’s not part of the plan. It’s part of the plan for three more days, and then it’s excluded. You have a special discount now, but then it goes back to full price. It was a total nightmare. I’ve never felt myself being so much mistreated by a company. I guess you saw the same, but when I started using the newest version of Fable 5, it was even worse, actually, I think. I couldn’t do any work with this crap. I let it go and work on the work I wanted it to do. It was simply not working. On top of it, you never know how long you are supposed to lose your credit, how fast. It was burning credit like crazy. Me, personally, I can say, very quickly, I actually stopped using it. I was like, “No, I cannot deal with this shit. My main model is back to Opus 4.8. I’m going to use Fable 5 for code review, but not anymore to control anything because I cannot trust it would do the job without stopping or changing models and stuff. I just cannot trust it.” Back to Opus 4.8 as my main model, I can say that my life was much easier. I use Fable 5 as a review mechanism, as a support mechanism, but not as the main mechanism. Suddenly, the guardrails were not so horrible anymore because it was used in a much lighter way, I guess. As a pain as a user, I think it was really bad. I don’t know your experience, but me, for me, it was unacceptable. Nuno I wouldn’t say it was as bad as yours in terms of just end-user experience. I think the terms of service switching back and forth, which went one further step, because then when they then launched Opus 5, they started making comparisons between Opus 5 and Fable so that people would migrate more and more to Opus 5 themselves, which is interesting. It’s like they’re saying “This is much cheaper. This is whatever. You’re not going to run of credits. You should use Opus 5,” kind of thing effectively. To your point, I don’t think they managed well the launch. They didn’t really manage it well. We’re moving people around. A lot of people are using this for stuff that’s like daily tasks, hourly tasks, anything that relates to code and co-work. It’s like, we need to have visibility on what your terms of service are going to be. Should I be using this new model or not? What’s happening to the other model? I don’t see it as negatively as you, Bertrand, but I see your point. It was clearly mishandled in terms of how they deployed it, how they were redesigning effectively their pricing scheme and their terms of service almost on a daily basis, at a certain point in time. We’re like, “Dude, there’s millions of people using this. You guys are making a lot of money.” Just moving it as it is. At this point in time, at the scale that these guys are at, it’s calling in people to say, how about we think through a class action suit at some point around pricing? Because you guys are changing the rules of the game all the time, right? Bertrand I don’t know if I need the class action, but for me, that joke that, “Let’s not rush too fast. The model is dangerous.” But still, they rushed the launch because it’s very clear that if they had enough compute capacity and stuff, they would not have to limit so much. They would not have to put so much cost per token and all of this. You can see that actually when they launch Opus 5, literally like 2, 3 weeks after, by most benchmark at launch, they tell you basically that, “You know what? Actually, Opus 5 is better than Fable 5 on 80% of the metrics.” They’re like, “What? Seriously? You couldn’t wait 2 weeks? Why did you even launch Fable 5 in the first place?” That’s another part for me that is quite literally insane, to be frank. It’s like, “Why? Why do you make us go through so much pain if it’s only to tell us after 2 weeks to…” “This new model, by the way, has less issues, less stuff, because 2, 3 times less is part of your plan, and it’s actually better by most metrics.” It’s like, “What’s going on here? What’s going on? Are you guys mad?” I don’t know. It was crazy. Personally, I still use Opus, now 5, as my main system and platform, Fable 5 for review, code reviews and the like. I don’t want to run into its stupid guardrails. I can see Fable 5, from my perspective, seems quite a bit smarter. I don’t know why they do this stupid benchmark showing you it’s actually worse than Opus 5. I guess they should have better benchmark if they want to demonstrate why you are supposed to pay 2, 3x more for a model versus another if it’s actually worse by most benchmark. Again, I still think it’s a huge mess from a marketing perspective, customer perspective. Me as a user, I really feel that they don’t want my money, and they couldn’t care less about me. This is even before everything else we’re trying to talk about. Nuno Yes. Maybe just to close the cycle on the reversal on the door opening the other way, finally, Commerce lifted the GPT-5.6 restrictions on July 8th, and then on July 9th, general availability across ChatGPT, Codex, and the API as well. What has this proved? It proved that now we have gating mechanisms, and certainly for closed models in the US, for sure. We had frontier models that were switched off worldwide in hours, and it took a couple of days, in this case, 19 days to restore them. There were concessions. Now we know that there were concessions around effectively institutionalizing that gate. Early government access to future models is, I think, now a given, certainly in the US. New safeguard frameworks are probably now having to be put in place. There are some stage limits now on who gets access to what for new models and how it happens. This voluntary executive order, so to speak, not really sure, has become effectively regulation enforcement path. It’s de facto regulation that now has been put in place. It has affected not just to the points we were making before, the access to these models, but also who gets access to these models, and actually potentially even pricing access to the models. It has probably some commercial implications as well as we just discussed along the way. Very significant. This is very significant. This is regulation, de facto at the table, imposed on the two largest players in the market by far by one government, in this case, the US government. This is significant. Actually, you could even allege it was imposed by the President because this was coming as part of executive orders. Really incredible. Pretty significant, fast, aggressive. It has created a regime that you could say it’s a regulatory regime, it’s a de facto regulatory regime. It has some significant pricing and licensing and commercial implications. It goes even beyond your classic regulatory framework. Very, very, very significant. Bertrand I don’t know if it goes beyond a classic regulatory framework. Nuno I think it does, because it has implications on who do you give access to? When government is saying you can only give access to these players, right? Bertrand Defense industry. It’s all over the defense industry. You cannot sell an F-35 like this. Nuno No, but that has commercial implications, Bertrand. That’s like you’re saying these are your customers, you go and use them. Bertrand That’s the defense industry. You cannot sell to Iran your F-35. No, that’s exactly the same story for me. Nuno No, no, no. It’s beyond that. These guys are saying when they came back, and they said, “For Mythos, you can make them available to these entities,” they were saying the first entities that are going to have access to the model. It has commercial regulatory implications. You’re saying these players are the first players that are going to have access to it. It’s no longer just defense concerns and these governments don’t have access to this. No, no, no. You’re saying to a company that is a private company, your models are only going to be used by these guys because I’m telling you so. It’s the other way around. It’s not even that you can’t sell it to Iran or whatever. It’s like you can only sell it to these guys. Bertrand Again, in the defense industry, if you’re a private company, do you think you can buy F-35 like this? No. Nuno No, no, no. But this is a private company, Bertrand. This is not a defense agency and a plane that is on whatever, with IP from the US, right? Bertrand Boeing is a private company, and they cannot sell the military equipment they manufacture. Nuno No, no, no. But the development of their IP was subsidized by agencies that belong to the US, right? That’s a different matter. It’s a matter of IP, right? This is not, right? Anthropic, their models are not owned by the US government. There’s no IP granted to the US government, to my knowledge. This has significant commercial implications. Bertrand Maybe, yes. Maybe on this. But I think there are already regimes to limit who you can sell to, and that’s decided by the state or the DOD. Nuno It’s the export control logic. The export control logic? Bertrand You have export control, and export control is Commerce. My point is that they are using existing tools, part of the government, to limit what can be sold. Selling chips, NVIDIA was limited in terms of where it could sell its chips. It’s not different either, but still there were limitations. If you are an ASML, you cannot sell to a private company in China. Many private companies cannot buy ASML products. This is a foreign company. This is a foreign company under pressure from US government. Nuno I understand, and I’m not a lawyer, but it feels different to me when you say you cannot export, this is export controls, to these countries, to these entities, et cetera, because they’re foreign et cetera. Then to say, “No, no, no. On top of that, these guys get first access.” That’s, for me, a significant shift. Again, I’m not a lawyer, so I’m sure there’s very intelligent people right now looking at this stuff and saying, “You can’t do this stuff, or not, or they can.” I don’t know. But it feels to me, it goes beyond the remit of export controls. It’s like you’re defining initial clients for specific use. Bertrand My impression is more like, “We can do this situation where we’re going to forbid you to give access to anyone outside the US or even in the US or limit even more.” Basically, it was, I guess, some gesture to go beyond that. That’s how they probably defined these 20 authorized companies. I don’t know. Apparently, there was also restrictions because I remember seeing that Anthropic had their own list of companies they would authorize access to Mythos early on. That’s apparently another thing that pissed off state government because there were companies in there that were considered close to the Chinese government. They were extremely unhappy that Anthropic didn’t ask, actually, for any guidance from the state government, but used basically their own perspective on who they should allow or not. I guess that was also part of why they got these serious restrictions. Nuno Anyway, now we have a regulatory environment that’s very interesting and exciting. Talk about the US not regulating. Bertrand To be clear, I don’t know you, but I’m not saying that I agree with any of this, to be very clear. I’m trying to explain and share some perspective, but I’m not in agreement on a lot of this. Nuno Yes, we were just describing what happened to the best of our knowledge. We’re having a discussion on what we think actually is happening and how it’s happening. We’re not really right now saying we agree or disagree with this. I think later in the episode, we can share some perspectives on what we think is actually happening and how there’s dimensions to this which are very geopolitical and very complex, which quite literally probably only God knows what’s going to happen. That was the gate swinging. There was a gate closing, then there was a gate reopening, and all of a sudden we have a gatekeeping system that has been created along the way. The Kimi Shock Along the way, moving to our Act 2, the world has changed, and we now have so-called open-source plays out there that are creating massive, massive shifts in the market. The Chinese models, in particular, with Moonshot AI launching Kimi K3, which is the largest open-weight model ever released. We’ll come back to the discussion around open-weights. I’m not sure all our listeners understand what that means, because there’s a debate now, should models be open weight or not, and how does that work? There’s been a petition as well signed along the way. Right now, we have open weight models that are out there that are huge. What that actually means very pragmatically is we now have open source models, lack of a better word. I know open weight and open source are not the same thing. You guys will have to bear with us during this episode. We’ll explain at some point the differences. But we have models out there that are open source that are significant. That are catching up with the closed source models, with the models by OpenAI, Anthropic. That’s significant because most of those models are Chinese. This is where the geopolitics starts getting really frazzling and we start playing 3D chess. Because everyone’s like, “These models are 5, 6 months behind.” Now people are saying, “Maybe they’re actually just 3 months behind, 2, 3 months behind.” If we, for example, decided to stop or slow down our model releases in the US by the closed source guys who are leading, it might mean they’ll catch up. What are the implications of that? Again, for you and I that are not necessarily experts in model development, well, the implications as a use case is if you want to use the latest models, and the best models start becoming these open source models, you’re going to use those models. Then you start using Chinese models. If you’re an American company, maybe you’ll have restrictions on the use of those Chinese models. But if you’re a European company, you probably won’t. What happens after that? Is the world going to be in the hand of Chinese models? Will that constitute effective competition to the closed models in the US? Will we have open models in the US that will scale as well? What’s going to happen? Bertrand I think it’s a really big question. It goes to some of the core of the issue. It’s that ability of Chinese models to basically challenge frontier models, not just being 6, 12 months late, but being 6 weeks late. Basically, no gap. Some will say that, yes, but OpenAI and Anthropic have even better models that are not shared and stuff. Yes, sure. But maybe the Chinese have the same models that they are not sharing right now. We don’t know. What is clear is that one is that open weight, as you said, two, there is a question of how it is marketed in the sense of, can anyone use these weights? Is there a license to use them? Yes, what we can see is that, for instance, typically there is a license for some of the biggest Chinese open-weight models you have to abide with. You might have a need for a commercial license if you are acting as a company leveraging this model to provide AI-informed services. If you use it internally by yourself, you’re okay. If you use it internally for your own internal company needs, maybe you are okay if it’s not your main business to do AI work. Anything else, a much bigger corporate providing AI services and stuff, you will probably end up having to pay a fee to be able to provide services around this model. My point is that it’s not just 100% free. Some of the Chinese models are 100% free to use, MIT license, Apache 2.0 license. But the biggest ones with the biggest weight that are truly frontier typically have a different license if you want to scale these models, providing AI in front. That’s one thing to keep in mind. Nuno Maybe just to make a very quick point, because people are like, when you talk about open models, what does it mean right now? In the context of this episode, open models mostly will mean open-weight models. How do those differ from open source? Open weight means that you release the weights to the public, which means that anyone can download, fine-tune, and run the model on their own hardware. It doesn’t normally mean that you also have access to training data, training code, or a truly open license. That’s the distinction to open source. Open-weight doesn’t mean that. For example, we’ve talked about Meta’s Llama in the past, and we also discussed in the past that their license agreement does have restrictions, certain players can’t use it, et cetera. The open model definition and open weights are really open-weight models that we’re talking about here, and they are closer to freeware binaries than to Linux, for those who understand the difference between that. It’s binaries that you can use and then use your own weights on it versus actually I can change code on it. I’m not going to be able to change code on this. When we, for the purposes of this episode, talk about open, we mention open weight, just to clarify that point to everyone that’s listening right now. Bertrand Yes, that’s a great point. One of the only players, as far as I know, who is truly open source is actually NVIDIA with their Nemotron-3 models. They’re actually following a special license to achieve that. They provide you the data, they provide you all the processes and tools, so you can easily post-train. NVIDIA is a big, big exception. It’s a very interesting player, by the way. We might not talk much about it in this episode, but I think for intermediate-size models built in the US, where you have access to everything in the deployment, it’s a very interesting alternative and maybe one of the best choices if you are a US company or a big corporate, and you want something trusted. Another piece of the puzzle to clarify is that when you use open-weight, it means that you can run them by yourself, or you can use a US provider to run them. If we are talking about Chinese open-weight, you can use the APIs they provide, but then the service is running in China, they might have access to your data. But because it’s open weight, if you run it by yourself or if you use a third-party provider based in the US to run it, then there is no access to your data by China or Chinese players. I think that’s a pretty important gap to understand. It means that these models are actually very, very low risk from that perspective if you run them on your premises or in the US by a US player. I think that’s something to keep in mind. You can also fine-tune easily these models to make sure they will behave in a way that, for instance, is not going to represent the line of the Communist Party on some topics. There are ways to make these models more neutral in their output as well. There are a lot of ways to make good use of them. By default, they’re already very safe, but you can make them even more safe. I think that’s some things to keep in mind. But again, it depends ultimately on the license and what you’re authorized to do and some fees you might end up having to pay. Nuno Why did this matter so much? Immediately there was a reaction from the market because people are like, well, if there’s much better stuff out there that’s much more efficient than it’s open, then it might be that all the demand that we are taking into account, for example, for chipsets actually isn’t real. The Philadelphia Semiconductor Index fell into bear market territory. It went down by as much as 20% plus from the late June peak. The worst chip week since April 2025. Taiwan’s benchmark initially fell 6% plus, Japan’s 4%, TSMC dropped dramatically despite beating earnings and rising guidance. Basically, a huge amount of effect. Now, there’s a little bit the aftermath of this where apparently Moonshot ran out of GPU capacity. Maybe… Bertrand In just 48 hours. Nuno In 48 hours. Great for them, but at the same time, not great in the sense that maybe there was a misread by Wall Street of the Kimi effect, so to speak. Bertrand Completely. For me, that’s such a joke. It’s like, because you have an open source model, so what? I mean, you still need to run it. This is not a small one. 2.8 trillion parameters. Good luck running that in your garage, by the way. Nuno They misread supply, basically. Tough luck, right? All of that basically happens. Bertrand Maybe you want to talk about the Jevons paradox, because I think that’s a big part of the puzzle as well. Its one is they might not have the GPUs to run the inference on the model. They might have enough to build a model, but not enough these days to run inference, especially given how much with intelligent models, thinking models, you need way more inference than before. But on top of it, the cheaper you make it, the more you get to the Jevons paradox. Nuno Yes, Jevons paradox, for those who don’t know, is an economic term. It describes an economic phenomenon where technological improvements that increase the efficiency of a resource lead to an increase rather than a decrease in the total consumption of that resource. What that means is, for example, for chipsets, chipsets become so much better, and they are so much more efficient. You’re like, well, maybe normally in resource terms, that leads to decreased usage of that resource. But in this case, it actually leads to an increased use of that resource rather than a decrease. There’s more and more consumption of that resource. You need more and more chipsets because people actually need to do more and more stuff with it, although there are great efficiencies going into it. There’s the efficiency gain, there’s the cost reduction, and there’s the price-elasticity element to it. But basically, the adoption just continues going through the roof along the way. Bertrand In some ways, it’s like the price of energy. Coal went cheaper and cheaper, and people were asking the same question 150 years ago, now that it gets cheaper, there is not much money. No, no. Actually, what happens is that people find more and more use for coal. Homes are getting heated more. You have ships now using coal. You have manufacturing using coal. The cheaper it gets, the more use case you can develop, and therefore, you don’t need less of the stuff, you need more of the stuff. By going at scale to get more of the stuff, you also decrease price, making even more demand. It’s a very interesting phenomenon, but it’s not new. It is what happened for a while in the energy sector and some other sectors. Nuno We already started talking about the Chinese logic and what’s happening. Getting a little bit of a reality check on this. The Chinese models, and these are numbers from Open Router in July, Chinese models are at 46.4% of routed tokens and 35.7% for US origin. Again, more than a third of global AI usage now seems to be running on Chinese open models. This is significant, and it has a huge impact on the geopolitical scale of everything that’s happening. Also, the whole Chinese field is converging on open. Open seems to be a strategy, not just a nice thing that’s happening. It seems to be a Chinese strategy, so much so that you have players like Moonshot, DeepSeek, our old friends DeepSeek, Z.ai’s GLM 5.2, Minimax, and even Alibaba seems to be reversing and going open with Qwen. It feels to me this is becoming policy as well. Xi Jinping has personally endorsed the building of open-source AI, if it’s really open source, if it’s just open weight anyway, and this feels to be a jab at Washington, DC and the fact that the big closed models are coming from the US. This is now geopolitical 4D chess, right? We didn’t need this stuff. Bertrand To be clear, it’s the usual in tech. If you are not number one, you are number two, number three, your alternative is to go open source because that’s another angle that your competitor usually cannot follow without destroying its own business model. That has been the alternative for the past 20 years of most software projects. Here, what’s different is that it’s not the number one or number two player. It’s the US number one as a country, China number two as a country. That’s where it’s new. For me, what’s very interesting is the endorsement by Xi Jinping. I was waiting for something official, and it certainly didn’t disappoint. As you said, there was an immediate U-turn of Alibaba, who in the past… Nuno Surprisingly. Bertrand Yes, a little more like, “yes, we are going to close and stop open source. It was good while it lasted.” Just a few days ago, Qwen 3.8 Max was launched, and we are supposed to get the weight in a few days. We talk about the US administration policy and stuff. Yes, let’s not forget that in China there is similar stuff. Sometimes it’s totally invisible because you don’t see the directives, but they exist as much. Sometimes it’s more visible. Here it was quite visible. The difference in China is that if you don’t abide by the directive, on top of it, you might have to fear for your personal safety. It’s a different game, and that’s probably why the reaction is pretty quick, usually. That’s pretty interesting for me because it means that now you can bet for a while that China is going to play that game up to a point. I guess the point is if it’s truly frontier scale, you will have a special license that, yes, technically the weights are open, but you can not do everything you want with it. Two, you have a player like NVIDIA that I think will feel more pressure to provide even more high quality, larger models at scale going forward. Their largest Nemotron-3 Ultra model was, if I remember well, only around 500 billion parameters. I would not be surprised for NVIDIA to go into the two, three trillion range at some point. Because I think the US need a very clear US-born alternative open source. I think NVIDIA might be the best player for that. We will see if Meta goes back to open source. I think NVIDIA is one, very well positioned, but two, it’s also in their best interest. Because NVIDIA for now depends on just a few big hyperscalers as clients. If they can expand their clients to every S&P 500 companies, selling them directly hardware because now these companies can run a model made by NVIDIA, I think there is a very clear value proposition for NVIDIA to go in that space. Again, if you are number two, your differentiation, open source is often the answer. There is a true business as a business model for companies, because if it’s truly not just open weight, but open source, you can tweak it as much as you want, you can change it, you can change even the pre-training process. Because there is a lot of stuff you can do that really benefits you as a corporate, and you can reach a much better value by having more control on the model. Nuno We won’t spend a ton of time on it today, but like, again, if there’s a view that we are in a bubble, that the valuations cannot be sustained in chipsets, infrastructure platforms, applied AI, et cetera, today, this might be that beginning, where the valuations start being destroyed because you can’t keep a premium on just charging people for tokens and all that stuff if you have models that become more and more efficient and cheaper to use. Maybe just to close a little bit the geopolitical part of the discussion today, we won’t go into all the announcements from China because there were many, a lot of go back and forth with Alibaba by then. Xi Jinping made some announcements. You guys can check it online. Let’s move quickly to Washington’s reaction, which was from gating the US closed models to banning the Chinese open ones. There’s been as strong affirmations as one can get from the Office of Science and Technology Policy Director, Michael Kratzios, mentioning that they have information that Moonshot AI distilled Anthropic’s Fable. Basically, there’s been reverse engineering and stuff in the market. They’re basically copying. Bertrand I’m sorry to interrupt, but it feels like so much bullshit. It’s coming from Anthropic who has basically gotten access at scale to all the knowledge made by humanity, copyrighted or not. We’ll talk more about what they did with books. Then to claim after that that others cannot do to you what you did to everybody else. For me, it’s pretty big. It’s clearly unacceptable. The other piece is that everyone is doing distillation. It’s a very typical approach of every business model. You try other software when you are competing with somebody else. You try other datasets, you check what’s happening. It’s part of doing business for decades. Suddenly it’s not good for Anthropic. I personally have a lot of trouble to accept that. I think it’s totally unacceptable. The other piece of the puzzle will also go back. If these guys are so smart, if these guys have so much of the best model, why can’t they block by themselves distillation at scale? The only answer is that either they are morons, probably not, or they simply don’t want to because it’s going towards their business model. Suddenly, you book less revenues and stuff, or you put more friction, and therefore your customers don’t like it. Instead of doing it yourself, you ask the government to protect you, go out of business practice that is very typical. For me, it’s really, really, really not good. Sorry, we are going more in the opinion side, but I had to put that on the table. Nuno Yes, Fable went public finally again on July first. Question marks on whether distillation would only be possible from July first onwards or not. But a 15-day distillation to frontier, which is K3, launched on July 15th, would have been a Guinness World Record, as one of Moonshot employees actually mentioned. It’s very implausible and unlikely. Bertrand Or they shared the Mythos 5 with the wrong companies, who themselves shared with Chinese companies. We go back to maybe they didn’t have a good list. Again, it goes back to maybe they didn’t want to hurt their business model. Nuno Anyway, under the threat of sanctions, Moonshot, in any case, open-sourced the full K3 weights and technical reports. They open weighted it to become the largest open weight model in the world in terms of parameters. Beijing’s MOFCOM brands US threats as basically the US wanting to fundamentally control and be monopolistic around AI along the way. The administration bans Chinese hardware with an eye on the AI race, and Beijing warns of retaliation. That was July 27. Now we’re in a war between Beijing and DC. Bertrand Just to finish maybe on China, it’s important to know that they are building their own GPUs now. Huawei has pretty good, not to NVIDIA level, but pretty decent GPU hardware that they’re able to manufacture by themselves. A Chinese player of memory just got IPO’d a few days ago, CXMT. China is also developing their own memory. Again, not to the same level of quality that you can get from the West. But China is moving. It’s not just that they are building great models, it’s also that they are building GPUs and memory. That might be a few years late to the latest standards in the West, but there are definitely improvements. I also read, even on the tools to make manufacturing like ASML equivalent, there is definitely some work going on, and some improvements and some stuff will be visible. In some ways, the genie starts to get out of the bottle from the Chinese perspective. Nuno I’ll put a stick on the ground. I don’t think it’s a matter of if, it’s a matter of when will China surpass and have a lot of this tooling on their own side, and not just the software layer, not just the frontier models. I think it’s also going to be around infrastructure and platform. Good luck to everyone. Let’s see how the race continues. But it’s definitely this is a geopolitical thing right now. It’s definitely a race. The Escape Maybe moving to what happened in just 2 weeks or a week and a half. The escape, there was some jailbreaking going on, and the narrative on safety has totally switched. It’s not still significant enough that’s like, “Oh, we saw a nuclear plant going, whatever.” No. But still, it is significant. Hugging Face, the AI company, disclosed an intrusion, and it was driven end-to-end by an autonomous AI agent system at machine speed, running for days before detection. Now, this is where it gets really cool. OpenAI takes attribution on that. They initially said it was just a little bit, sorry. Then they said, actually, it was worse than that. “Oh, it broke out of an isolated sandbox.” “Oh, no, actually, it was more than that, and it went into other systems as well.” Bertrand Truly, the genie out of the bottle. Nuno No, but this is where it gets really cool, Bertrand, right? Because it actually, Hugging Face contained the intrusion by running a Chinese open-weight model, GLM 5.2. This is beautiful, right? Bertrand Yes. You know why? Because they couldn’t even run their own defense because both Anthropic and OpenAI would not let them access their latest models with the guardrails off. When they tried using it for defense, the latest from Anthropic, from ChatGPT, they would tell them, “No, this is too dangerous what you’re asking us to do.” Preventing an intrusion, helping defend you. No way we are going to do that. Nuno No. Let’s use the Chinese models on our infrastructure. Bertrand We have no choice but to use the Chinese models to run. More than that, we don’t let you use our models to defend yourself, but our not yet released models that run without guardrails, they can attack you. This is probably the most insane from that perspective. Nuno The Chinese models came to the rescue. Bertrand For me, that’s a perfect example because Hugging Face is a very visible company in AI in open source. But anybody who is not at that scale is not going to get some support from OpenAI or Anthropic when this happens. Maybe these guys won’t even recognize they did anything wrong. You will be left to defend by yourself because they won’t accept to support you. Because remember, if you want the better model that is able to defend you from cybersecurity perspective, no way. If you are not one of the few top 20 companies or so, as defined, you are left defenseless. Again, we are going back to opinion, but for me, it’s so shocking what’s happening right now. I’m very glad we have alternative open source to be able to defend ourselves because right now, good luck getting defense services if you are a smaller business and individuals, and you need support from Anthropic, OpenAI. Nuno Now, even self-described AI optimists are saying, “This is scary now.” Like Walter Isaacson, who wrote all the famous biography books. There’s now discussion around the AI Kill Switch Act, bipartisan thing that’s coming across from Texas and California, a potential bill that’s coming in. We’ll see if that works. Now let’s get an off-switch. I’m like, “Cool.” As if that’s going to solve the problem, because you have open-weight models on the other side catching up, right? Bertrand Yeah, sure. Bring in clueless politicians from Congress to solve our problems. Yes, sure. Nuno Anthropic came to the table, helped build and said they built some regulatory machine on their side, and now they’re getting bitten by it, and they’re part of the offending players in that market. Now there’s all this debate and all this discussion around open weight and around slowing down AI and et cetera, which is our next section. You wanted to say something, Bertrand. Tell us. Bertrand Don’t forget, because this advertisement for OpenAI was just too good. Our AI attacked some other companies, and not just one, but three, actually. Let’s not forget the progress. Great ads. Then I came and said, “You know what? AI also hacked businesses.” You’re not the only one hacking around with a crazy AI out of control. You’re not the only one. We want our advertising. For me, it was shocking that on one side, unreleased models that you let run wild. On the other hand, you have released models that you put crazy guardrails on top of it, so the defender are defenseless. I’ve never seen anything like it, and I really hope that there will be as little regulation as possible, quite frankly, to make sure anyone can defend themselves and have the best tool at their disposal, not just a few well-connected big corporates. This is really, really shocking. The Counterstrike and the Petition Nuno Now the empire strikes back, so this is counterstrike, the petitions. In several days, we have now a bunch of petitions. The first one was the open weights letter. Bertrand, do you want to explain to us what the open weights letter is? Bertrand Yeah. I think it was great. This was released by Jensen Huang, first ever post on X, 11 million views. Congrats, Jensen. Co-signed with Microsoft, Meta, c actually was probably the initiator of this letter. Very good letter saying, “Hey, we need open weight. This is not a joke. We need that. You cannot block open weight.” Because that’s the rumor we are getting that potentially open weight could get blocked. I think they are making the case, “You know what? Hey, we absolutely need that as an alternative. You cannot block it.” They can keep their closed models, but don’t force a closure of the open weight models. As I said before, it’s actually a great model for NVIDIA because NVIDIA doesn’t want, probably rightfully so, to be dependent on just a few frontier models, their best customers. They want a variety of customers. They have a big interest actually to defend open weight and to invest even more. They have great researchers, are a great company. If one company is about to do really kick-ass work, I think it’s them. They are defending. What’s great is that it’s not just them. It’s basically most of big tech in the US and outside the US, from a Linux Foundation to a Microsoft, the Palantir, an IBM, a Dell. It’s a who’s who of the industry except Anthropic. Anthropic didn’t sign that. I guess they hate open source so much. If I look at 20 years ago, it feels like Microsoft, after all, was very kind to open source. You remember what was said by Microsoft at the time. It’s clear there is one company against open source. OpenAI signed the letter. Honestly, I don’t know what to think. Do they really believe in it or was it just a way to show that they are not like Anthropic? I don’t know. But for the rest, I think it’s genuine because it’s actually in their best interest. I hope they will be heard. Then a second letter came, the Open Secure AI Alliance, NVIDIA-led and again, the big tech companies from Microsoft, IBM, Palo Alto Networks, Databricks, Palantir, all those, but not present, OpenAI, Anthropic, and Google. Here it’s to say, “Hey, we need a secure approach to AI. Open should be part of the equation.” guess what? The worst AI-caused security incident to date was actually caused by closed frontier models that were not even available to the public. While again, not providing you access to even the latest closed model for cybersecurity use case. Nuno I would highlight the NVIDIA open source NOOA framework, Apache 2.0 licensing agreement, Microsoft contributed the MDASH, SpaceX AI contributed Grok Build. Cool stuff. There’s some cool stuff happening around that. This is more than a letter. This is an alliance. Apparently, they’re contributing all this stuff, we’ll see. Yeah, cool stuff. Same day. Same day, Amodei has an answer, right? Bertrand Yeah, same day. They say, “We never advocated for a ban,” which, again, opinion on my side is entirely bullshit. This guy has been crying wolf against everybody else, and especially against open source. You can see him doing testimony in Congress against open source. I think they are doing everything they can behind the scene to block open source in the US or in the world if they could. I think, yeah, obscurity is not good safety. I’m a big fan of open source in general, and I’m also a big fan in AI. I think it’s now Anthropic, mostly against the rest of the world. I think OpenAI is mostly on their side, to be frank. They don’t want to acknowledge it so much, but they have shared interest, and they have shared probably position. Nuno Why would you? I don’t feel as strongly as you because I think Anthropic is a private company, right? The same thing with OpenAI. OpenAI, you could say it’s a nonprofit that has a for-profit. There’s still that complexity in there. Bertrand No, they can do what they want with their own product. But to block others is where I’m not okay. That’s the part I’m not okay. Nuno What Dario Amodei is proposing is more enforcement, right? He’s basically saying you need to do even tighter controls on advanced chips flowing to authoritarian states, enforcement against industrial-scale distillation, whatever that means, right? Bertrand Yeah, which he could do, but all by himself. He doesn’t need the government to do that. Nuno Mandatory safety testing for all sufficiently capable AI, open and closed, right? He’s basically saying, “Okay, I don’t agree with the open weight stuff effectively,” right? He’s just putting it under a different banner. “I agree with this extra regulation.” then obviously, David Sacks responded and say, “Hey, it’s like, bans don’t work for weights. Why do they work for chips?” It’s like, magically, chips are more controllable and bannable. Whatever that is. Then our friend Mark Zuckerberg, just to be clear, goes on the other side as well, because he also has to have a view. He has to have a view that is the rebuttal of both of the other guys. Bertrand I feel he’s a bit flip-flopping because he was very pro open source 2 years ago, and the latest Meta models went closed source. Now I think he’s back open source. I don’t think he has a very strong spine on the topic, but it’s good to see that he’s not a doomer. That for me is great. He’s showing how AI can be a source for progress, a source for entrepreneurship, source for freedom. I think that’s very exciting to hear that. We need to hear more of it. By the way, that’s not what you hear in China, for instance. AI is very positive in China. It’s in the US with the doomers that you hear this discourse, and people get worried as a result. I’m glad that he was pushing for a more positive vision and for support of open weight, open source initiatives. But let’s see what they really truly open weight going forward. Nuno But that’s been his position because I guess he’s standing behind. He thinks open weight is going to be the best way to compete, right? Bertrand Yeah, but he closed his latest model, so let’s see. Nuno Yeah, so it’s flip-flopping, as you’re saying. Then we see the latest petition from last week. Bertrand The true Empire striking back. Nuno Yeah, the true Empire striking back as of late last week. Maybe this is Return of the Jedi, where we discover the father, “I’m your father, Luke.” That’s the pacing petition. The pacing petition is we need to pace AI. There you have initially employees from OpenAI and Anthropic that circulate this petition. Actually, Dario did sign this petition originally. It wasn’t signed originally by Anthropic, but by him. But you’ve heard that now Anthropic and OpenAI as companies have also signed this petition, right? Bertrand I think they have signed as companies now. It started mostly by Anthropic researchers with some OpenAI researcher and a tiny part from other companies. But it was mostly Anthropic internally led, at least potentially internally. Maybe it was controlled by Anthropic all along, I don’t know. But it started officially as Anthropic employee-led letter. Nuno What does this letter actually say? Is Anthropic and OpenAI, are they willing to slow down themselves? Or are they asking President Trump to go around the world and tell President Xi that he needs to slow down and ask his guys to slow down? What’s the play of this letter? Bertrand It’s crazy, but for me if you want to slow down yourself. Do whatever you want. Don’t force others. Don’t use the power of the government to control others. Of course, it’s easy to push others to slow down when you are yourself at the very top. You have most money, most resource. You know you are going to win any regulatory framework because that’s how it works with this type of framework. It’s purely self-interested. You are probably not thinking well about these topics. If you truly think it’s a good idea, from a personal perspective, you are well instrumentalized if you sign this sort of stuff, because at the end of the day, they would be the winners. I certainly, personally, don’t want a company dictate what is my future in AI as an individual, as a business person. I don’t want them to control me. I want competition. I don’t want them to unfairly control AI because they managed to do some regulatory capture. I feel that’s exactly their game plan. These guys believe in their stuff, and they want the regulator to end up being the one deciding for us. Sorry, we go back again on the opinion piece, but it’s tough not to share an opinion on this topic because it’s, from my perspective, very scary. Nuno I think this is a push to further regulation, not less. All these letters and alliances, this is definitely a push for more regulation. In that environment, just to be very honest with you, we’ll talk about the investor impact in just a bit, et cetera. But in that environment, again, China has a huge advantage. In that environment, if it’s all captured in regulation capture so soon in this battle where OpenAI and Anthropic have an advantage in the US, et cetera, I’m like, what happens to all the other frontier labs and all the other players that are coming around? Bertrand What’s crazy is to even think that, yeah, maybe you can regulate capture in the US. But then how do you do that to Europe? How do you do that to China? Europe probably will always welcome regulatory capture because they love regulations. But China is going to build to their advantage to the max. They are not crazy. They are smart on that perspective, they won’t accept this type of, quite frankly, dimwit argument, or you can call it regulatory capture. We’ll see. But for me, this makes no sense from a global competition perspective. This can make some sense from capturing the revenue in the US market. But then that means you are going to destroy the US AI environment compared to China. That is not acceptable. That also means that you are going to destroy our freedom as individuals, as business owners to develop and live in a business world that ultimately is controlled by one or two business companies that didn’t win the marketplace through their own business success, but won it through regulations. That for me is really not acceptable. Interlude — The Low-Background Books Nuno Now, maybe for an interlude, and we have to cue in the music, imagine like Severance music, like hallway or a bit of a palate cleanser from all the policy stuff that we’ve been talking about, all this policy heaviness. Let’s move to another kind of heaviness, one of your favorite topics, which you, Bertrand, discovered, I had no clue this was going on, around books and around Anthropic. Bertrand It’s so horrible. From a company that keeps presenting themselves as the adults in the room, the careful ones, the ones that know better than you about what to do in this complex AI and dangerous world. What we discover is that actually all along, they were buying and destroying books. They will buy books, scan them, destroy them, all of them. They will do that with any books, including rare books. Of course, this was not supposed to come to the public’s attention. This was one of these top secret projects, but obviously it came out. Yes, they were scanning books, millions of them, including rare books, and they didn’t care about destroying them at the end of the process. Because from a regulatory perspective, if you destroy the books, it’s not considered a copyright infringement, apparently. This is coming on the back of some judgment a few years ago that were showing that it’s okay for you as a corporate to scan and use the result if you don’t keep a copy of the book. It’s one of these crazy regulations happening based on a single judgment that push you to do. For me, it’s like, you know this book from decades ago, Fahrenheit 471? We’re talking about book burning. It’s book destroying, crunching. It’s so shocking. Nuno There are two things, right? First, the legal strategy, which is what you’re saying, because by purchasing a physical copy and converting it into one private digital copy and discarding the original, Anthropic pursued this cleaner legal argument for fair use copyright compliance. As you said, there was a federal judgment at some point on this. The other reason is actually operational. If you disassemble the book, and you feed loose pages, it’s much faster to scan books. You are destroying the book effectively anyway operationally. I think to your point, probably this came from a legal standpoint, not just the operational one. But even from an operational standpoint, it does make sense that they would have disassembled the book. Bertrand But some people have shown you can go very fast without destroying the book. It’s really not so critical. Two, you could make an exception if the book is rare. For that 1% of book that is rare, I’m not going to have this approach. I’m going to have another approach. But for that, you will have to care about books and not just care about building AI. Nuno This is the episode, as you guys have heard by now, that we’re trying to spit stuff at Anthropic. Bertrand To go back this is the same company saying, “Hey, guys, it’s bad to distillate my work. I’m the one scanning book at scale without asking author permission, without asking publisher permission, to be clear.” Nuno But just to be clear, Bertrand, we’re pissed off at everyone. We’re pissed off at Anthropic, we’re pissed of at OpenAI as well, right? We’re just pissed off in general at this moment. Bertrand At this stage for me, the more clear-cut company that is in the wrong is, from my perspective, at least, is Anthropic. OpenAI might be a fast follower, but I will say so far, they tried to be a bit more. Nuno But at this pace, Bertrand, who knows? Maybe next week we’ll be more pissed off at OpenAI. Something will come out. This episode is a mix of tragicomedy, like a Greek tragedy with some comedy in the middle or the other way around. It’s a slapstick thing that will end up in tragedy. I’m not sure. The Investor Reckoning Anyway, maybe switching to our final act, which is the investor perspective. What does this mean for investors like ourselves? There’s a lot of things going on. There’s the debate around the IPOs of Anthropic and OpenAI, which now, with all this uncertainty, might be under significant weight. There’s a lot of other discussions that we browsed through that there’s potential IPOs going forward on companies like the Moonshot AI company actually IPO-ing in the next 6 months as well. It’s very unclear what the IPO landscape looks like. Bertrand There’s been a lot of Chinese IPOs, actually, when you look at what’s happened in the past few months. Nuno Anthropic, OpenAI as potential IPOs, there’s all this question marks now. When will that happen? How will it factor in? All that’s happening around regulation as regulation is moving at the speed of light, which is for once something that’s very different than what we’ve seen before. There’s obviously SpaceX AI, which is already taking into account that price. It’s already a public company in there, and it’s under SpaceX, which is now a public company. Obviously, that’s already being factored in some ways. Bertrand Yeah. SpaceX AI has been very smart to acquire Cursor. It was a very smart move because Cursor is one of the leading companies in terms of automated code source development with AI. They had great models on their own. They’re bringing development data to SpaceX AI Grok. I think it was a great move. Nuno We have now people like Google delaying Gemini 3.5 Pro in terms of launch window. There’s stuff actually happening in the market where things are taking their own path. There’s uncertainty commercially, there’s uncertainty at regulation level. You have new players that have come out of nowhere that are making all these waves like Moonshot. We have all these… We had calculated probably a month and a half, 2 months ago, there had been 67 new frontier labs funded. All of these, we haven’t seen any much coming out of them. When some of this stuff starts coming out, will that also create disruptions in this market? Who knows? Bertrand Look at Thinking Machines, for instance. Thinking Machines led by the previous CTO of OpenAI, they released some pretty interesting open source models, actually. Very good quality for a first launch. Now it looks funny to say, but nearly on par with the top Chinese open source models. Nuno We have several investments in the space. humans& has made some recent announcements, which is quite interesting as well. We’ll see what actually happens in the market, but even more disruption probably will come in actual products in a form of product and commercial, on top of all the geopolitical mess that we discussed through the entire episode. If you’re an investor, how the hell do you underwrite an investment right now in early stage, mid-stage, late stage, et cetera? I think my answer is very carefully is how you underwrite it. Bertrand On your advice of being very careful to underwrite it, let’s not forget what happened to our boy wonder, Leopold Aschenbrenner of Situational Awareness. I guess he didn’t listen to you in terms of being careful because part of the instability in the stock market was actually coming from his hedge fund. These guys were leveraged 3, 4x going after the hottest of the hottest AI stocks, and margin calls, and all their public investment is gone just to answer their margin calls. I think it’s clear that the AI bet is… Personally, I’m very excited, and I think it’s the future, and you need to spend time and think about and invest in it. At the same time, it’s a bet that is not an easy one to follow. We go from GPUs to memories to equipments to power generation. All of this is not transitioning in an easy, organized manner. It would be boom and bust going there. He’s probably one of the first big-scale fatalities. The other big-scale fatality was the stock market in Korea, plunging 40% in a month. Definitely, all of that we discussed about was, on the background, you had the stock market going up and down pretty crazily the past few weeks. Nuno Everyone’s being affected. Everyone, you have your 401(k), you have your pension fund dependent on these equity stocks. Everyone’s seeing the effects of this volatility right now very aggressively. We do wish Leopold… Hopefully he’s on honeymoon right now because he got married, I think, this weekend. Hopefully there will be… Bertrand To none less than an Anthropic Chief of Staff. Nuno His wife is the Chief of Staff of Dario, is that it? Bertrand To Dario, yes, as far as I unders

The mates discuss NVIDIA's $96.2B quarter and the AI circular economy, China's 200,000 fake accounts, Flock's 20 billion license plate scans, OpenAI's new chip, why only 4% of companies are cutting jobs due to AI, and a major breakthrough that has doubled pancreatic cancer survival. Sign up for our AMA at ⁠http://Moonshots.com/ama Get access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends   Peter H. Diamandis, MD, is the Founder of XPRIZE, Singularity University, ZeroG, and A360 Salim Ismail is the founder of Open ExO, a GP at Exponential Venture Capital/The Organizational Singularity Fund and a sought after global speaker and thought leader. Dave Blundin is the founder & GP of Link Ventures Dr. Alexander Wissner-Gross is a computer scientist and founder of Reified – My companies: Apply to Dave's and my new fund:https://qr.diamandis.com/linkventureslanding   Get the blueprint for generative media https://goo.gle/startupgenmedia  Go to Blitzy to book a free demo and start building today: https://qr.diamandis.com/blitzy   Your body is incredibly good at hiding disease. Schedule a call with Fountain Life to add healthy decades to your life, and to learn more about their Memberships: https://www.fountainlife.com/peter  _ Connect with Peter: X Instagram Substack Website Xprize A360 Connect with Dave: Web X LinkedIn Instagram TikTok Connect with Salim: LinkedIn X Join Salim's 10X Shift Subscribe to Salim's YouTube channel Exponential Venture Capital Connect with Alex Website LinkedIn X Email Substack  Spotify Threads Listen to MOONSHOTS: Apple YouTube Follow MOONSHOTS:  Instagram TikTok X Threads – *Recorded on August 28th, 2026 *The views expressed by me and all guests are personal opinions and do not constitute Financial, Medical, or Legal advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

AP Washington correspondent Sagar Meghani reports the crew that flew around the moon earlier this year has received a rare honor.

The mates sit down with Emad Mostaque to discuss: whether the singularity is slowing down, Sam Altman's changing views, the case against an Anthropic IPO, Emad's 18 Grokbots, Waymo's massive hardware cost cuts, China's 100x cheaper AI models, NVIDIA's $6B open-source bet, and the increasingly competitive frontier lab race. Sign up for our AMA at http://Moonshots.com/ama Get access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends   Peter H. Diamandis, MD, is the Founder of XPRIZE, Singularity University, ZeroG, and A360 Salim Ismail is the founder of Open ExO, a GP at Exponential Venture Capital/The Organizational Singularity Fund and a sought after global speaker and thought leader. Dave Blundin is the founder & GP of Link Ventures Dr. Alexander Wissner-Gross is a computer scientist and founder of Reified Emad Mostaque is the founder of Intelligent Internet ( https://www.ii.inc )  Read Emad's latest papers exploring the future of society, law, personhood and governance: https://ii.inc/common-wealth Read Emad's Book: https://thelasteconomy.com  – My companies: Apply to Dave's and my new fund:https://qr.diamandis.com/linkventureslanding   Get the blueprint for generative media https://goo.gle/startupgenmedia  Go to Blitzy to book a free demo and start building today: https://qr.diamandis.com/blitzy   Your body is incredibly good at hiding disease. Schedule a call with Fountain Life to add healthy decades to your life, and to learn more about their Memberships: https://www.fountainlife.com/peter  Join the Moonshots Mates on Sep 25th for the inaugural Moonshots LIVE. The world's greatest entrepreneurs, builders and creators, working together to build a hopeful and optimistic vision of tomorrow. Seats are limited and application only. Apply at moonshots.com before seats are sold out. _ Connect with Peter: X Instagram Substack Website Xprize A360 Connect with Dave: Web X LinkedIn Instagram TikTok Connect with Salim: LinkedIn X Join Salim's 10X Shift Subscribe to Salim's YouTube channel Exponential Venture Capital Connect with Alex Website LinkedIn X Email Substack  Spotify Threads Connect with Emad  X LinkedIn Learn about Intelligent Internet Read Emad's Book Listen to MOONSHOTS: Apple YouTube Follow MOONSHOTS:  Instagram TikTok X Threads – *Recorded on August 26th, 2026 *The views expressed by me and all guests are personal opinions and do not constitute Financial, Medical, or Legal advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

On June 12, 2026, the U.S. government placed Anthropic's two most capable models under export controls, the first time a frontier AI model itself, rather than the chips beneath, it was treated as a controlled item. While the controls were later removed, it presented a new source of uncertainty for closed models coming out of American frontier labs. At almost exactly the same time, Chinese firms, specifically Z.ai and Moonshot, released several highly capable open-source models, which sharpened a core tension in U.S. strategy: promoting open diffusion to extend American influence while locking down its most advanced, closed systems. In this program, Samm Sacks and Kevin Xu join Graham Webster to unpack why the export controls were placed, why China has been leaning into open-source, and what this means for U.S. and Chinese leadership in artificial intelligence, respectively.   About the program: https://www.ncuscr.org/event/open-or-closed-export-controls-and-the-future-of-u-s-china-ai/

CONTENTS THE JOHN BATCHELOR SHOW, 8-24-2026.OTTAWAConrad Black and co-host Edmund Fitton-Brown discuss the collapse of trade negotiations and subsequent US tariff threats that have sparked a major political crisis in Canada, leading to opposition calls to immediately reconvene Parliament. Black describes a stark contrast in national attitudes, noting that President Trump's rhetoric effectively denies Canada's sovereignty. This perceived affront has deeply united Canadians across party lines, who view the tariffs as an assault on national identity rather than a mere commercial dispute. Black highlights potential Republican electoral fallout in key US Senate races like Maine and Michigan, and suggests a bilateral phone call could resolve the dispute. (1)Janatyn Sayeh and Edmund Fitton-Brown examine Iranian official Ghalibaf's public appearance in Iraq, signaling defiance to the US and Israel before secondary sanctions are revealed. Sayeh explains that Iran views Iraq as its backyard, using it to evade sanctions by blending Iranian oil with Iraqi exports. Under President Trump, US economic scrutiny on Iraq has increased to block this smuggling. While maximum pressure has devalued Iran's currency and caused hyperinflation, Iran aims to overwhelm Washington by utilizing its regional proxy networks across Yemen, Lebanon, and Iraq. The US must view these proxies as Iranian arms rather than local actors. (2)Ernesto Araújo and Alejandro Peña Esclusa, with Edmund Fitton-Brown: In Brazil, falling poll numbers have panicked President Lula, prompting him to call Donald Trump despite years of anti-American rhetoric. Araújo explains this reflects the US's central role in combating South American "narcosocialist" regimes. Meanwhile, in Venezuela, Delcyand Jorge Rodríguez are simulating cooperation with the US while delaying presidential elections to buy time. Peña Esclusa notes that Venezuelan opposition members are negotiating Supreme Court appointments rather than election dates or political prisoners. Both guests will attend Slovenia's Bled Strategic Forum to discuss Latin America's right-wing political shift and potential energy partnerships with Europe. (3)Malcolm Hoenlein and Edmund Fitton-Brown discuss rising security concerns in Israel after incendiary balloons from Gaza were discovered, potentially testing Israel's border preparedness. Concurrently, Turkey is expanding its regional footprint, occupying 5% of Syria and attempting to establish military bases, which Israel countered with airstrikes. In Gaza, Jared Kushner met with Hamas in Cairo, a move that critics argue bolsters the group's status despite declining local support. Meanwhile, the US Treasury has previewed secondary sanctions on Iranian trading partners, including China. Iran's economy is in collapse, with inflation skyrocketing and the currency reaching an all-time low. (4)David Daoud and Edmund Fitton-Brown examine UNIFIL's mandate, which restricts it to acting as an auxiliary to the Lebanese Armed Forces, preventing independent disarmament of Hezbollah. Consequently, Hezbollah operates freely near UN watchtowers and tunnel networks. Daoud argues that while new US Treasury sanctions expanding target parameters to include Iranian violations are positive, they fail to address Hezbollah's deep integration into Lebanon's socio-political fabric. To be effective, the West must treat Hezbollah as a Lebanese entity with sovereign responsibilities, rather than purely an Iranian proxy. True security requires targeting all of Hezbollah's activities, including its social and political wings. (5)Ivana Stradner and Edmund Fitton-Brown analyze Ukrainian President Zelenskyy's visit to Belgrade, which does not signal a split between Serbia and Russia. President Vučić's weapons sales to Ukraine are merely lucrative business deals. Serbia remains highly dependent on Russia, sharing deep intelligence ties and cooperating with the FSB to test crowd-control equipment. Vučić balances these relationships to survive domestic protests sparked by environmental concerns and a severe heatwave. Stradner, recently returning from Israel, reports that Israeli morale remains exceptionally high despite facing a multi-front threat from Iran's proxy network, which Russia continues to exploit through regional propaganda and strategic manipulation. (6)Edmund Fitton-Brown critiques the term "economic D-Day," explaining that Pakistan's mediation in Iran is self-interested, driven by fears of secondary US sanctions. These sanctions have suffocated Iran's economy, reducing oil exports and sparking hyperinflation. Iraq also struggles with contradictory policies, balancing its US alliance with pro-Iranian gestures, such as securing tanker passage through the Strait of Hormuz. In the Red Sea, the Houthis demand tribute from Saudi Arabia to halt attacks on tankers and pipelines. Fitton-Brown warns that paying the Houthis only delays their long-term expansionist goals against Saudi territory and Israel. (7)Samuel Ben-Ur and Edmund Fitton-Brown discuss how, following a temporary lull, Hamas has intensified attacks in Gaza, emboldened by disarmament frameworks proposed by Egyptian, Qatari, and Turkish mediators. Ben-Ur notes Hamas only accepted the deal under the pretense of disarming while intending to survive intact. However, following Jared Kushner's visit, the US aligned with Israel's stance, demanding total disarmament before military withdrawal. Fitton-Brown and Ben-Ur discuss the National Committee for the Administration of Gaza (ENCAG), a secular government planned to replace Hamas. Lacking military power, ENCAG's deployment depends on an international stabilization force, though troop commitments remain severely short. (8)Michael Sobolik and Edmund Fitton-Brown examine how Chinese AI company Moonshot bypassed US export controls by "distilling" technology from Anthropic's Claude Opus model to train its own system, Kimi K3. This intellectual property theft threatens American market dominance and national security. Sobolik recommends three policy actions: imposing crushing financial sanctions on violating Chinese firms, closing export control loopholes related to remote cloud access, and banning open CCP models in the United States. He warns that American tech companies prioritizing short-term profits over security risk losing the AI race, mirroring historical patterns of Chinese piracy. (9)John Hardie and Edmund Fitton-Brown outline Russia's military assistance to Iran via the Caspian Sea, a highly secure transit route. This collaboration benefits Moscow by raising energy prices and draining US munition stockpiles like Patriot interceptors, giving Russia a freer hand in Ukraine. Russia provides Iran with tactical intelligence, drone components to resist satellite jamming, and has agreed to deliver shoulder-launched air defense missiles. While Ukraine and Israel have attempted long-range strikes against trade vessels and ports to disrupt this flow, interdiction is difficult because the Caspian Sea operates as a protected, non-transparent Russian-Iranian military lake. (10)Standing corrections applied: Janatyn Sayeh, Ernesto Araújo, Alejandro Peña Esclusa, Delcy Rodríguez (and Jorge Rodríguez), Zelenskyy, Vučić with diacritics, and Kimi K3 (source again had "Kimmy"). One anomaly in the source: segment 7 listed Fitton-Brown as both guest and co-host, so I've formatted it as his solo segment — flag it if there was a second voice in that file.

Michael Sobolik and  Gordon Chang examine how Chinese AI company Moonshot bypassed US export controls by "distilling" technology from Anthropic's Claude Opus model to train its own system, Kimi K3. This intellectual property theft threatens American market dominance and national security. Sobolik recommends three policy actions: imposing crushing financial sanctions on violating Chinese firms, closing export control loopholes related to remote cloud access, and banning open CCP models in the United States. He warns that American tech companies prioritizing short-term profits over security risk losing the AI race, mirroring historical patterns of Chinese piracy. (9)

Whole genome sequencing costs about $1,000 today. Ten years ago it was fifteen. Clinical guidelines already say kids with epilepsy or developmental delay should be escalated to it, and more than half of them never are.My guest this week is Joshua Resnikoff, founder of Sunstone Health and a former bench scientist at Harvard. He came to this the hard way. His middle son started spiking 105-degree fevers at 18 months old, and it took three years and several pediatricians to name the condition. When they finally did, the answer was that there's no treatment.Josh knew the tests existed. He just couldn't reach them. So he built a business that runs employer claims data, finds kids with a likely genetic basis for their disease, and gets them trio whole genome sequencing in twelve weeks instead of seven years.The part that matters for a plan sponsor: this runs as a voluntary benefit. No new plan language, no TPA codes, no prior auth, no insurance in the equation at all. Four documents and a claims feed. Josh takes the testing cost at risk, and getting a family to a diagnosis meaningfully cuts their utilization from there.We also cover why single-gene and exome testing miss 97% of the genome, what it costs, and why these families are already expensive whether you find them or not.If you're looking for cost containment that actually helps the member, this is the episode. Tune in."We can help you deal with that before it ever actually becomes a claim." - Joshua Resnikoff, Sunstone HealthThank you to our 2026 sponsors!ParetoHealth: ParetoHealth empowers midsize employers with a long-term solution to reduce volatility and lower overall health benefits costs. Visit https://www.paretohealth.com/fully-insured-vs-self-funding-with-paretohealth-spencer-podcast/?utm_source=youtube&utm_medium=referral&utm_campaign=SelfFundedwSpencer to learn more.Samaritan Fund: A program that connects those who need help to the support they need. We are proud to offer the Samaritan Fund Program. Visit SamaritanFundProgram.com to learn more.Vālenz Health: We're Vālenz Health, your partner in improving health literacy, reducing plan spend, and delivering high-value healthcare. Visit ValenzHealth.com to learn more.Imagine360: Imagine360 helps self-funded employers save on healthcare with smarter health plans. Cut expenses by 20-30% with custom solutions. Contact us today at Imagine360.com.Chapters:(00:00:00) Intro: The Black Box of Healthcare Pricing(00:04:24) 98.6 to 105 in the Time It Takes to Get Milk(00:11:01) Everything on the Shelf, Nothing Within Reach(00:16:40) One in Ten Americans(00:22:45) What Genetic Testing Actually Means(00:29:33) Who Pays, and Why the Families Already Know(00:34:56) The Case for Sequencing Everyone(00:40:00) The Guidelines Say Do It. Half Don't.(00:45:17) Direct Primary Care and the Voluntary Benefit Model(00:50:57) The Mechanics: Four Documents and a Claims Feed(00:55:40) Vendor Fragmentation and the Netflix Problem(01:00:48) The Moonshot and the $2 Trillion in WasteKey Links for Social:@SelfFunded on YouTube for video versions of the podcast and much more - https://www.youtube.com/@SelfFundedListen/watch on Spotify - https://open.spotify.com/show/1TjmrMrkIj0qSmlwAIevKA?si=068a389925474f02Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast/self-funded-with-spencer/id1566182286Follow Spencer on LinkedIn - https://www.linkedin.com/in/spencer-smith-self-funded/Follow Spencer on Instagram - https://www.instagram.com/selffundedwithspencer/

As part of our Creativity Series, we're revisiting one of our most popular Moonshots: Walt Disney. Disney didn't just dream big — he built a practical method for turning bold ideas into reality. In this episode, Mike and Mark explore his three creative mindsets: Dreamer, Realist, and Critic.Walt Disney is famous for his ability to transform incredibly creative ideas into profitable realities. The process he used to brainstorm and develop theme parks and movies became a replicable approach known as “Disney's Creative Strategy,” developed by NLP expert Robert Dilts in 1994.Disney's Creative Strategy can be used to create new products or solve problems. It's simple to use as an individual, team, or organisation, and includes three roles or mindsets — each with a specific goal.Get Walt Disney from Amazon: https://geni.us/WaltDisneyBecome a member: Moonshots Podcast is creating a podcast to help improve yourself, your thinking and leadership | Patreon https://www.patreon.com/Moonshots

“If we continue to build for people and not with people, we won't have a say in what this technology will look like or do in ten or twenty years.” — Salima Bhimani Finally some inventive news in our summer of Luddite discontent. Salima Bhimani spent six and a half years at Google X's moonshot factory as its first Chief Strategist for Responsible Tech. So thank her for the (responsible) magic of Alphabet's Waymo, Wing, and DeepMind. In her new book, Invent Now, Bhimani provides a map for the next wave of moonshots. No, she speculates, they probably won't come out of Silicon Valley. But, yes, they will come from somewhere. Her invention was formed long before Silicon Valley. She remembers staring at the Toronto subway from her father's magazine stall and wondering not where the trains went but “what is our relationship to this tube?” An ethnographer by training, Bhimani arrived at Google X from a world of government and nonprofits where “constraint was bread and butter.” At Alphabet, of course, she was spoilt with endless money and runway. Although that didn't always guarantee moonshot success. Moonshots fail, she explains, because they are always more than technologies. They are ecosystems, and they need the approval of regulators, communities, and consumers. Take, for example, the abortive Sidewalk Labs, Alphabet's smart-city bet in her hometown of Toronto, which failed to recognize the practical realities of utopian city-planning. So what will be the most dramatic moonshot of the twenty-first century? No, she says, it probably won't be consumer rocketships to Mars or a cure for cancer. Instead, it will be about a post-labor society. What is human purpose when it's not work? No wonder such an outrageous idea probably won't come out of work-obsessed Silicon Valley. Five Takeaways •       A Nuanced Optimist. Bhimani isn't surprised by the Luddite lurch: people feel “compressed by things they can't control,” surrounded by technology doing things they don't understand — and it's hot out. But against thirty years of Silicon Valley boosterism she offers neither cheerleading nor despair: hold the tension. Technology surveils, and drones make war; technology also lets more people solve problems that were previously unsolvable. She refuses the binary of the moment — the abundance gospel of the Andreessens versus the scarcity warnings of James Crawford — predicting instead “abundance in some areas and scarcity in others”: your spreadsheet skills may become worthless precisely as your capacity to build becomes unprecedented. The task is holding both truths with what she calls a discerning eye, treating technology as a co-partner in a relationship where the friction stays alive.•       From the Toronto Subway to the Moonshot Factory. Her father ran a magazine stall in the Toronto subway, and young Salima stared at the trains asking an ethnographer's question: not where are the people going, but “what is our relationship to this tube?” She came to Alphabet from government and nonprofits, where “constraint was bread and butter” — and met the opposite: endless money, endless runway, and audacity as the house style. As Alphabet's first Chief Strategist for Responsible Tech, she sat with the CEOs of the Other Bets asking about trade-offs: “Are you willing to take on the potential that your drone could be used in nefarious ways — and how are you gonna ensure that doesn't happen?” Now on her own — no Google badge to fly doors open — she finds leaving “opens up the aperture”: fifty-one years of experience, and both worlds, constraint and abundance, informing everything she builds.•       She Folded Her Own Moonshot. The episode's quiet bombshell: after leaving Alphabet, Bhimani co-founded a drone-detection company — and discovered what it feels like when the awkward questions are aimed at you. The full-stack solution she was building could genuinely help cities and communities; it could also be used for “all kinds of nefarious things.” Intention, she warns, is “pie in the sky when people actually are impacted”: the moment to map the worst case is now, not five years after your technology is loose in the world — because you will have to live with the choices you make. Some people can live with the range of implications; she and her co-founders decided they couldn't: “We folded our drone company because the implications are not something that any of us could have lived with.” Responsible tech, practiced on herself.•       Moonshots Are Ecosystems (Ask Sidewalk). The factory's deepest lesson: a moonshot is never just a technology. Wing isn't drones — it's regulators, safety, and whether communities want packages falling on their porches; the ecosystem must come first, not at the last mile. Sidewalk Labs — Alphabet's smart-city bet in her own Toronto — consulted widely, meant well, and died anyway on public distrust of big tech's data appetite: an early tremor, Andrew suggests, of today's earthquake against data centers, and evidence of a “massive gap” between society and technology that still hasn't closed. Google fumbling Geoffrey Hinton's generative breakthrough shows the other constraint: inside a company the size of a country, innovation must also become the next billion-dollar business. The counterexample is Waymo — sixteen years of perseverance toward John Krafcik's bigger mandate (self-driving technology, cars merely one expression) — and perhaps Demis Hassabis, whom the latest reshuffle might just free “to be Demis.”•       Step In, Not Stepped Out. AI wasn't born yesterday — it spent thirty or forty years in labs, integrated into our lives in the background — and that incubation is precisely her warning: “If we continue to build for people and not with people, we won't have a say in what this technology will look like or do in ten or twenty years.” The large language models belong to “the Googles and the Anthropics,” and most of us aren't inside those companies. Her flip: if such powerful things were built in incubated spaces, imagine what could be built in unincubated ones — collective intelligence as our superpower, moonshots born from the convergence of places, people, and contexts rather than from Silicon Valley's playbook. The century's biggest moonshot, she suspects, is labor itself: what is human purpose when it's not work? Her closing instruction, and the episode's stamp: “We gotta step in and not be stepped out.” About the Guest Salima Bhimani, PhD, was Alphabet's first Chief Strategist for Responsible Tech, Business, and Leaders, working for six and a half years with moonshot companies including Waymo, Wing, DeepMind, and Google X. An ethnographer by training who came to Silicon Valley from government and nonprofits, she is now CEO of 10X Responsible Tech and a senior fellow at AI 2030. Invent Now: The Next Leap in Moonshots (John Wiley & Sons, 2026), her first book, introduces the Third Space — a new lens for building moonshots from the convergence of technolog...

The Space Show Presents George Tyson, Tuesday, 7-28-26.The Space Show featured George Tyson, CEO of Orbital Construction Pioneers, discussing his company's concept for building large orbital structures using additive manufacturing with bio-based materials, primarily plant-based epoxies and fillers like hemp. He detailed the “First Step” project, which aims to create a rotating disk-shaped space station called Station 520, with initial construction relying on materials grown and processed in orbit. Tyson explained the current research phase, focusing on material testing and 3D printing technology, and mentioned partnerships such as with Exo Scientific for life support systems. The conversation covered technical aspects like structural design, launch costs, regulatory considerations, and the long-term goal of establishing an Earth-independent space economy. Tyson also introduced the Interplanetary Regen Network (IRN), a proposed consortium to collaborate on space development. The discussion included questions from co-host John Jossy and other participants about feasibility, timelines, and potential applications of the technology.George discussed his experience from 2005 when he participated in a space tourism assessment, finding that while there was public interest, it wasn't sufficient to support expensive space tourism flights. He advised companies like XCOR to focus on flying scientific experiments multiple times before sending them to the ISS, which XCOR had planned to implement before other issues arose. The discussion also covered current space tourism status, with John noting that Virgin is not doing well and Blue Origin has shifted focus, while SpaceX is doing some tourism but not much, and George expressing interest in stratosphere balloon rides as a more viable luxury tourism option.The group discussed their experiences with early television technology, particularly watching the Apollo landings on black and white TVs. They shared personal anecdotes about watching the moon landings in various locations, from hotel rooms to living rooms, and compared these experiences to modern large-screen TVs and electronic devices. The conversation also touched on advancements in electronics, including high-speed oscilloscopes, with Marshall sharing a story about purchasing a $250,000 oscilloscope for work at TI.George Tyson, CEO of Orbital Construction Pioneers, was our main guest. His large program focused on his flagship “First Step” project, which involves building Station 520 - a 320-meter diameter orbital station that will use additive manufacturing with biological materials grown in orbit to create panels and structures. The station will be constructed using about seven vehicles the size of Starship, with initial framework and plants lifted from Earth, and will serve as a manufacturing hub producing fresh water, oxygen, and food while processing waste products from customers.George talked about his company's development of plant-based biopoxy materials for space construction, explaining that they have tested various formulas including hemp for fillers and are working on 3D printing capabilities. The team discussed their plans for a disc-shaped space station (Station 520) with a 3-meter-thick wall structure that would be hollow with different gravity levels, though specific details about density and mass remain undetermined as they are still in research and testing phases. George outlined their approach to becoming Earth-independent through aquaponics and hydroponics systems that would process waste materials from other stations while providing oxygen, water, and food in exchange for technical support and resources.George explained their 3D printing process using hemp fibers, noting they currently chop fibers to quarter-inch lengths and mix with wood pulp as filler. When asked about launch costs, George indicated they expect costs to eventually reach around $100 per kilogram, similar to what was needed for space manufacturing in 2005, though initial costs will be higher. George confirmed they have experience dealing with regulatory bodies, having previously obtained space flight approval for a training course in 2006-2007, and expressed confidence in working with the FAA to navigate new regulatory challenges for their space manufacturing facility.George explained that his space development project is still in early stages, with ground testing planned before any FAA approvals will be needed. He described his background in mechanical engineering and NASA experience, which led him to form Black Sky Training and later explore 3D printing applications for space development. The team is researching the possibility of using plants for space construction, inspired by a DARPA proposal about growing structures in space.Our guest mentioned his recent presentation at ISDC, noting that while time constraints affected the full presentation, there was significant interest and engagement from attendees, leading to opportunities for further discussions. John Jossy introduced George to Daniel Tompkins and his project, Grow Mars, which involves self-replicating greenhouses using local resources for algae production and 3D printing. George expressed interest in collaborating with Tompkins and requested John share his contact information. George also shared that despite a board member's resignation, the organization is seeking new members to bring fresh perspectives and challenge existing assumptions.George explained the construction process for building a space station, describing how they would use a metal frame (called Stelimer) to create a structure that could be shipped from Earth, which would then be sheeted with the same material. He clarified that while current stations would use 3D printing within a framework, future stations would print beams and frames directly and confirmed that the 3D printers could operate in vacuum conditions without requiring gravity. The discussion also covered surface texture options for the 3D-printed materials, with George suggesting several methods including spray guns and specialized formulas for smoother finishes.George also shared plans for Station 520, emphasizing the importance of developing robotics for operations like sheeting and farming to minimize human involvement. He mentioned collaborating with Exo Scientific on a regenerative life support system and expressed interest in connecting with other private space station companies. George also noted that a revised business plan, including a clearer roadmap, would be published soon, potentially for submission to the ISDC business plan competition. John Jossy proposed collaborating on a blog post about space settlement progress, to which George agreed. The discussion concluded with George sharing ideas about large rotating space stations for long-duration missions, including concepts for growing food and raising animals.Special thanks to our sponsors:American Institute of Aeronautics and Astronautics, Helix Space in Luxembourg, Celestis Memorial Spaceflights, Astrox Corporation, Dr. Haym Benaroya of Rutgers University, The Space Settlement Progress Blog by John Jossy, The Atlantis Project, and Artless EntertainmentWe use Zoom phone numbers for program participation.For real time program participation, email Dr. Space at: drspace@thespaceshow.com for instructions and access.The Space Show is a non-profit 501C3 through its parent, One Giant Leap Foundation, Inc. To donate via Pay Pal, use:To donate with Zelle, use the email address: david@onegiantleapfoundation.org.If you prefer donating with a check, please make the check payable to One Giant Leap Foundation and mail to:One Giant Leap Foundation, 11035 Lavender Hill Drive Ste. 160-306 Las Vegas, NV 89135Upcoming Programs:Broadcast 4579 Zoom: Amir Notea, Shar Bahiri, Fred Simon | Friday 21 Aug 2026 930AM PTGuests: Amir Notea, Shar Bahiri, Fred SimonZoom: Our guests discuss the Israeli company Moonshot.space and moreBroadcast 450 Zoom: Open Lines Discussion | Sunday 23 Aug 2026 1200PM PTGuests: Dr. David LivingstonZoom: Open Lines Discussion. Join us if you can. Get full access to The Space Show-One Giant Leap Foundation at doctorspace.substack.com/subscribe

Yields and the dollar moving sharply lower after the U.S. Treasury pledged to step up debt buybacks. The traders debate whether the move just gave stocks the all-clear. Then, Mizuho's Jared Holz reacts to the huge moves higher in Moderna and Merck, after the pair's personalized cancer vaccine succeeded in a pivotal  trial. Plus, new signs OpenAI is falling behind Anthropic, Target delivers a bullseye for investors and a humanoid robot maker's massive Shanghai debut. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Hotel Mars with Doug Messier, John Batchelor, Dr. David Livingston, May 27, 2026, 4542The meeting reviewed recent progress and plans for the Earth-Moon system, focusing on SpaceX's Starship 12 mission, which was mostly successful despite engine failures and issues with controlled splashdowns for both stages. Doug Messier discussed ongoing challenges for Starship, including full reusability and orbital refueling, and noted NASA's reliance on Starship for Artemis III. The conversation covered Blue Origin's recent NASA contracts for lunar landers and rovers, as well as Firefly Aerospace's hopper mission to survey the lunar south pole for future base sites. The group discussed NASA's phased plan for building a moon base, with initial robotic missions leading up to crewed landings and eventually a permanent presence. Participants expressed both optimism about technical progress and caution about the ambitious timelines and risks involved with new companies and unproven systems.The three of us discussed SpaceX's recent Starship 12 mission, which was mostly successful with the upper stage entering a suborbital orbit and deploying satellites, though the Super Heavy first stage had engine issues and crashed into the Gulf. Doug noted that while progress is being made, the timeline for NASA's Artemis program is becoming tighter, with the Artemis III mission planned for next year requiring the Starship and Blue Moon landers to be close to final configuration. The discussion highlighted that future missions will need to achieve full reusability and develop orbital fuel depots for lunar missions in 2028.Doug discussed NASA's requirement for uncrewed lunar landings before sending astronauts to the moon. He provided an update on SpaceX's 13th flight, noting that engineers are analyzing data from the previous flight and the FAA is reviewing an anomaly where the super heavy did not land as planned in the Gulf. David also shared that NASA selected Blue Origin over SpaceX for a Moon-based mission, including contracts for landing a crewed lander and two rovers in 2028, with each rover contract valued at approximately $238 million. Doug expressed uncertainty about Blue Origin's ability to meet the aggressive timeline, though he acknowledged their ground testing has progressed nWe talked about NASA's upcoming Artemis III mission announcement on June 9th, which will provide updates on lunar landing vehicles and crew selection. Doug explained that Blue Origin has contracts for rovers and Firefly Aerospace has a contract for four hoppers that JPL is developing to be deployed around Shackleton Crater at the Moon's South Pole. The hoppers will conduct high-resolution imaging and help determine the size and configuration of a future moon base, with the goal of establishing a permanent base around 2032.The Hotel Mars group discussed NASA's Moon-Based Phased Implementation plan, which involves multiple phases of lunar landings and equipment delivery to build a permanent moon base by 2022-2023. They mentioned three planned missions later this year with Blue Origin, S-Robotic, and Intuitive Machines. Doug explained that Blue Origin is working on Block 2 Version 2, which will be capable of supporting four people on the moon's surface for 30 days.Doug mentioned the timeline for establishing a Moonbase, outlining three phases: initial habitat and equipment delivery (Phase 1), more intense operations (Phase 2), and a permanent base (Phase 3). He explained that while the human program depends on when private companies like SpaceX and Blue Origin are ready to carry astronauts to the lunar surface, significant testing and development are needed in the next few years, including docked operations with the Orion spacecraft and test landings. Skepticism was expressed about meeting the 2027-2028 timeline for human landings, citing risks due to the young and relatively unproven nature of the companies involved.Special thanks to our sponsors:American Institute of Aeronautics and Astronautics, Helix Space in Luxembourg, Celestis Memorial Spaceflights, Astrox Corporation, Dr. Haym Benaroya of Rutgers University, The Space Settlement Progress Blog by John Jossy, The Atlantis Project, and Artless EntertainmentWe use Zoom phone numbers for program participation.For real time program participation, email Dr. Space at: drspace@thespaceshow.com for instructions and access.The Space Show is a non-profit 501C3 through its parent, One Giant Leap Foundation, Inc. To donate via Pay Pal, use:To donate with Zelle, use the email address: david@onegiantleapfoundation.org.If you prefer donating with a check, please make the check payable to One Giant Leap Foundation and mail to:One Giant Leap Foundation, 11035 Lavender Hill Drive Ste. 160-306 Las Vegas, NV 89135Upcoming Programs:Broadcast 4579 Zoom: Amir Notea, Shar Bahiri, Fred Simon | Friday 21 Aug 2026 930AM PTGuests: Amir Notea, Shar Bahiri, Fred SimonZoom: Our guests discuss the Israeli company Moonshot.space and moreBroadcast 450 Zoom: Open Lines Discussion | Sunday 23 Aug 2026 1200PM PTGuests: Dr. David LivingstonZoom: Open Lines Discussion. Join us if you can. Get full access to The Space Show-One Giant Leap Foundation at doctorspace.substack.com/subscribe

John Hunt meets The Wisdom Team: UAP/UFO Analysis are ready!June 2, 2026, TuesdayThis meeting was a John Hunt led Space Show discussion focused on analyzing UAP (Unidentified Anomalous Phenomena) videos and documents released by the government following President Trump's executive order. John Hunt, the guest expert, demonstrated several videos from the Arrow system that showed infrared detections of unidentified objects, explaining that these were classified as unidentified even though some could potentially be explained as flares or other known objects. The group discussed whether the released materials represented genuine secrets or mostly old declassified information, with John noting that deeply classified documents likely remain hidden and may never be fully disclosed. They also examined claims by Congress members about having seen classified evidence of extraterrestrial visits, discussing how such statements might be interpreted and the potential security risks involved. The conversation included technical details about military sensor systems, redacted data in the released videos, and various theories about UAP origins and government motivations for maintaining secrecy.John showed UAP videos from the Arrow system during the meeting, explaining that these videos show heat signatures detected by aircraft infrared systems but have been redacted to remove technical data about sensor capabilities. He clarified that the government classifies these videos as UAP not because of the objects themselves but because of the advanced sensor technology revealed, which could potentially benefit adversaries like China. John noted that while some deeply classified information may exist, the released documents appear to be mostly old material from the Arrow system rather than new revelations, and expressed doubt about whether truly sensitive information would be easily disclosed.The group discussed recent interviews with Congress members claiming to have seen classified information about extraterrestrials, with John noting that while these claims walk a narrow line regarding security protocols, no one has been prosecuted for UFO-related security violations. They examined the case of Dylan Borland, who allegedly faced harassment after witnessing a UAP at an airbase, leading him to become a whistleblower. The conversation concluded with speculation about whether intelligence agencies are trying to hide alien technology or both alien technology and national security information.The group also discussed the lack of verified alien crash debris and government transparency regarding UFO incidents. John explained that while some recovery sites like Roswell and Aztec occurred before government intervention, no tangible evidence has been publicly confirmed for analysis. The discussion touched on potential motivations for keeping information classified, including bureaucratic inertia, historical concerns about public reaction, and the possibility of reverse-engineering technology. Marshall suggested that congressional claims about classified information might serve as disinformation to deter adversaries, while John proposed that the Department of Energy holds the real secrets about propulsion technologies.John presented and analyzed various UAP footage and incidents, including the Rendlesham Forest case and videos from military surveillance. The group discussed a particular video showing an object that some debunkers believe could be a flare, though John noted the object lasted much longer than typical flares would. Marshall suggested the object could have been created as a diversion, and the group acknowledged that more contextual information would be needed to definitively identify the object, as much of the relevant data was redacted from the footage.Our guest also presented footage of military encounters with unidentified objects, including a Hellfire missile test and a Chinese balloon shootdown, to demonstrate how missiles interact with balloons. The group discussed a Syrian UAP video that showed an object accelerating away when tracked, with Marshall noting the absence of an exhaust plume. David expressed skepticism about the recently released documents, suggesting they contained little substantive information and comparing the situation to previous leaked content.Hunt talked about recent UAP releases and expressed optimism about the quality of the evidence, particularly highlighting a video that showed promising details. The group analyzed various UAP footage, including instances where aircraft appeared to be chasing unidentified objects, with Marshall questioning whether the quality and granularity of the data matched what would be expected from military analysis. The conversation concluded with David asking about whistleblower commentary on the quality of data being shared publicly, though this topic was not fully addressed in the transcripJohn presented and analyzed recent UAP footage releases, discussing various interpretations of the objects captured, including some appearing to move through windmills and potentially interact with water. The group discussed the mixed reactions from UAP community members, with some viewing the releases as a positive step while others considered them trivial. John concluded that while the released footage likely shows real UAPs, particularly small orbs and possibly saucers, the evidence would not be convincing to skeptics like Mick West.The group discussed the potential for artificial intelligence, specifically Claude and OpenAI, to analyze UAP data. David suggested using AI to evaluate the released data, though no one was aware of anyone having done so yet. Marshall presented a theory about space aliens potentially avoiding Earth due to its location in a super bubble with fewer stars, making it less attractive for alien expansion compared to galactic arms. The conversation also touched on challenges with protecting websites from large language models and the possibility of advanced propulsion technologies that might allow unseen alien visits.John discussed his investigation into UFO phenomena, explaining that while he initially approached the topic with skepticism, he became concerned when government agencies appeared to be taking UAP incidents seriously, including cases involving nuclear weapons. He analyzed the claims made by Lou Elizondo and other witnesses, noting that Elizondo had testified under oath and raised concerns about illegal funding mechanisms and lack of proper congressional briefings. The group discussed the challenges of government transparency on UAPs, with David questioning how agencies could resist presidential directives and Marshall drawing parallels to J. Edgar Hoover's secret file practices.David and Marshall discussed concerns about the credibility of reports regarding alien encounters, emphasizing the challenges of verifying information due to modern surveillance capabilities and the potential for manipulation. They explored questions about how extraterrestrial beings might handle radiation in nuclear environments, comparing it to the lingering effects of human nuclear testing sites. The conversation concluded with a suggestion to visit the nuclear test site in Nevada for a better understanding of radiation effects, though John expressed doubt about the current technological gap between humans and any potential alien visitors.The group discussed recent developments in UAP/unidentified aerial phenomena, with John noting that while there has been progress over nine years, the situation remains limited. David expressed interest in potentially doing a space show tour of nuclear test sites in Las Vegas and encouraged John to keep the group updated on any new information about UAP. The conversation concluded with an extended discussion about ancient texts and religious interpretations of extraterrestrial life, where David shared insights from his conversations with a Chabad rabbi about deeper meanings in biblical passages regarding aliens and UFOs.Special thanks to our sponsors:American Institute of Aeronautics and Astronautics, Helix Space in Luxembourg, Celestis Memorial Spaceflights, Astrox Corporation, Dr. Haym Benaroya of Rutgers University, The Space Settlement Progress Blog by John Jossy, The Atlantis Project, and Artless EntertainmentWe use Zoom phone numbers for program participation.For real time program participation, email Dr. Space at: drspace@thespaceshow.com for instructions and access.The Space Show is a non-profit 501C3 through its parent, One Giant Leap Foundation, Inc. To donate via Pay Pal, use:To donate with Zelle, use the email address: david@onegiantleapfoundation.org.If you prefer donating with a check, please make the check payable to One Giant Leap Foundation and mail to:One Giant Leap Foundation, 11035 Lavender Hill Drive Ste. 160-306 Las Vegas, NV 89135Upcoming Programs:Broadcast 4579 Zoom: Amir Notea, Shar Bahiri, Fred Simon | Friday 21 Aug 2026 930AM PTGuests: Amir Notea, Shar Bahiri, Fred SimonZoom: Our guests discuss the Israeli company Moonshot.space and moreBroadcast 450 Zoom: Open Lines Discussion | Sunday 23 Aug 2026 1200PM PTGuests: Dr. David LivingstonZoom: Open Lines Discussion. Join us if you can. Get full access to The Space Show-One Giant Leap Foundation at doctorspace.substack.com/subscribe

The Space Show Presents Lisa La Bonte, Sunday, 8-2-26.Quick summaryThe Sunday Space Show featured Lisa LaBonte discussing the rapid growth of national space agencies worldwide, with approximately 90 countries now having space programs primarily in emerging and developing markets. LaBonte presented data showing how these agencies are focused on using space for economic development, infrastructure building, and addressing national needs rather than pursuing prestige missions. The discussion covered how these emerging space nations are collaborating with established programs like China's lunar missions, using services like Starlink for connectivity, and developing their own launch capabilities. Participants explored topics including IP protection challenges for foreign investors, the role of STEM education in these countries, and how political risks affect business opportunities. The conversation also touched on cultural differences in how failure is perceived in different countries and the varying levels of public interest in space exploration.Detailed Summary:The conversation focused on space agencies, where Lisa explained that approximately 80-90 countries have space agencies, including both national agencies and international consortiums like ESA. Lisa presented on the growth of national space agencies, highlighting how these agencies have expanded exponentially in emerging markets over the past decade. She explained that these space programs serve as economic development tools, providing infrastructure, connectivity, and job opportunities, particularly in Africa where they are transformational rather than just supportive of growth. Lisa noted significant international collaborations emerging, including a first-of-its-kind partnership between the African Space Agency and China for lunar exploration at the South Pole.Our guest discussed the growing global space economy, noting that most countries are embracing private enterprises for economic development rather than state-driven approaches, with some implementing startup contests and incubators. STEM education was brought up by telling us how it is being integrated into school systems in various countries, with Bahrain specifically highlighting this initiative. Lisa emphasized that while space programs are driven by national goals rather than profit motives, they are building infrastructure that will eventually support economic development and generate revenue through tax dollars and other funding sources.Lisa provided a detailed overview of space activities across different continents, focusing on Africa as an example where countries like Egypt, Algeria, Morocco, South Africa, Kenya, and Nigeria are engaging in various space applications including Earth observation, agriculture monitoring, and communications. Dr. Ajay raised concerns about declining U.S. interest in space compared to growing interest in emerging markets, questioning how to participate in these opportunities. Our guest responded that while U.S. space interest may be declining, NASA remains influential globally and emerging markets like the UAE have significant budgets, noting a $34 billion total budget for UAE space initiatives.We discussed how political competition between nations, particularly between the US and China, does not significantly impact space collaboration, as countries prioritize their national space program goals over political alliances. She provided examples of countries like UAE working with both US and Chinese programs simultaneously and noted that developing nations are primarily focused on establishing sovereign space capabilities rather than relying on others. She also explained that many developing and emerging nations are currently using Starlink for satellite connectivity, though the long-term strategy for building their own satellite capabilities remains uncertain.Lisa emphasized that the US needs to recognize it is not the only player in the space industry and should collaborate with emerging and developing nations. He noted that countries like China and India have been active in space for some time, and China has been particularly engaged in infrastructure development in Africa through initiatives like the Belt and Road. Lisa expressed hope that NASA would leverage its global reputation to partner with these nations, particularly given that over 60 countries have signed up for the Artemis Accords. The discussion also touched on the potential for space-based solar power and AI integration in these countries' space programs, though Carnegie admitted he was not an expert on these topics.Dr. Ajay inquired about Saudi Arabia's space initiatives following his recent visit. The group discussed how emerging nations are approaching space, explaining that while human spaceflight is a goal for many countries, most are still in early stages and focusing on basic satellite launches rather than aggressive defense programs. Lisa advised that any space investment should prioritize strong IP protection mechanisms and legal frameworks in the target country, noting that UAE lacks adequate IP protection despite its space activities. The discussion concluded with Joe raising a question about whether national space programs could generate national pride and encourage youth interest in engineering and technical fields.We talked about the varying levels of engineering talent across different countries, particularly highlighting robust STEM education in Saudi Arabia and UAE due to their oil and gas industries. He explained that while these countries produce skilled engineers, the lack of established infrastructure for protecting intellectual property and supporting technology startups creates challenges for entrepreneurs. It was noted that many talented engineers choose to work in countries with better IP protection and startup support systems, rather than returning to their home countries.Lisa discussed the challenges of political risk in international business, noting that unexpected events like the Arab Spring and recent conflicts with Iran can significantly impact operations. When asked about opportunities in emerging economies versus developed countries and advised that while opportunities exist abroad, young engineers should carefully consider their adaptability and cultural readiness, as many countries prioritize hiring locals first. She emphasized the importance of having strong character and tolerance for ambiguity when considering international opportunities.Lisa advised David that the key factor in deciding whether to pursue an overseas opportunity is not the specific opportunity itself, but rather whether the person can adapt to the cultural and environmental challenges of the destination. She emphasized the importance of having the right personality traits, including fortitude and the ability to get out of one's comfort zone, particularly when dealing with different cultures and potentially difficult working conditions. Lisa shared her own experience working in the Middle East, explaining how she navigated cultural differences as a woman by maintaining professional behavior and dress standards, which helped her be treated with respect in the region.Carnegie discussed cultural attitudes toward animals in different regions, noting that while dogs are considered unclean in some Muslim countries, they are widely loved in Japan. She shared that interest in space exploration, particularly Mars colonization, is limited among people she knows, though SpaceX and Elon Musk are still respected in the Middle East. She explained that failure is perceived differently across cultures, with risk aversion being higher in many countries compared to the Western approach of learning from failures. She revealed that her STEM and space education programs in the Middle East have been successful, particularly in engaging girls in engineering, though she has since shifted focus away from space education due to bureaucratic challenges.The group discussed space programs around the world, with our guest highlighting unexpected space activities in countries like Croatia and Romania, particularly noting Romania's satellite program driven by educational institutions rather than government agencies. Lisa explained that budget constraints and existing partnerships with established space agencies like SpaceX make it unlikely for countries like Saudi Arabia and UAE to develop their own reusable rockets. The conversation also covered her current location in the US due to weather conditions in Saudi Arabia, and plans for future meetings with participants in locations like Las Vegas.Special thanks to our sponsors:American Institute of Aeronautics and Astronautics, Helix Space in Luxembourg, Celestis Memorial Spaceflights, Astrox Corporation, Dr. Haym Benaroya of Rutgers University, The Space Settlement Progress Blog by John Jossy, The Atlantis Project, and Artless EntertainmentWe use Zoom phone numbers for program participation.For real time program participation, email Dr. Space at: drspace@thespaceshow.com for instructions and access.The Space Show is a non-profit 501C3 through its parent, One Giant Leap Foundation, Inc. To donate via Pay Pal, use:To donate with Zelle, use the email address: david@onegiantleapfoundation.org.If you prefer donating with a check, please make the check payable to One Giant Leap Foundation and mail to:One Giant Leap Foundation, 11035 Lavender Hill Drive Ste. 160-306 Las Vegas, NV 89135Upcoming Programs:Tuesday, August 18, 2026: No program today | Tuesday 18 Aug 2026 700PM PTGuests: Dr. David LivingstonNo program today.Broadcast 4578 Hotel Mars featuring Rohan Naidu on the black hole star discovery | Wednesday 19 Aug 2026 930AM PTGuests: John Batchelor, Dr. David Livingston, Rohan NaiduHotel Mars Featuring Rohan Naidu on the newly discovered black hole starBroadcast 4579 Zoom: Amir Notea, Shar Bahiri, Fred Simon | Friday 21 Aug 2026 930AM PTGuests: Amir Notea, Shar Bahiri, Fred SimonZoom: Our guests discuss the Israeli company Moonshot.space and moreBroadcast 450 Zoom: Open Lines Discussion | Sunday 23 Aug 2026 1200PM PTGuests: Dr. David LivingstonZoom: Open Lines Discussion. Join us if you can. Get full access to The Space Show-One Giant Leap Foundation at doctorspace.substack.com/subscribe

Everyone in this market is optimizing for the wrong thing. Consumers want the most weight loss for the cheapest price, and up to 40% of what they're losing is muscle.My guests this week are Nicholas Syhler, a former cardiologist who left his residency to work upstream of the heart attacks he was treating, and Paul Elsass, an exercise physiologist who spent years in startup land before landing on the one root cause nobody had solved. Their company, Embla, runs a coach-first GLP-1 program out of Copenhagen with peer-reviewed data on almost 5,000 patients showing 55% less medication and the same weight loss outcomes seen in clinical trials.We get into why the drug was never designed to shut off hunger, why members can sit on a quarter milligram of semaglutide for months instead of escalating every 30 days, and the claims data suggesting aggressive dosing is quietly driving up MSK spend. We also cover why they built the model around self-funded employers rather than direct-to-consumer, what one bundled price under $500 a month actually includes, and their plan to move from weight loss into full cardiometabolic care with deprescribing as the goal.If you're evaluating a GLP-1 strategy for 2027, this one reframes the question. Tune in."We were seeing four to six pounds per week. That's way too much. It should be one to two." — Nicholas SyhlerThank you to our 2026 sponsors!ParetoHealth: ParetoHealth empowers midsize employers with a long-term solution to reduce volatility and lower overall health benefits costs. Visit https://www.paretohealth.com/fully-insured-vs-self-funding-with-paretohealth-spencer-podcast/?utm_source=youtube&utm_medium=referral&utm_campaign=SelfFundedwSpencer to learn more.Samaritan Fund: A program that connects those who need help to the support they need. We are proud to offer the Samaritan Fund Program. Visit SamaritanFundProgram.com to learn more.Vālenz Health: We're Vālenz Health, your partner in improving health literacy, reducing plan spend, and delivering high-value healthcare. Visit ValenzHealth.com to learn more.Imagine360: Imagine360 helps self-funded employers save on healthcare with smarter health plans. Cut expenses by 20-30% with custom solutions. Contact us today at Imagine360.com.Chapters:(00:00:00) Intro: Meet Embla(00:01:30) From Cardiology Residency to Quitting Medicine(00:05:56) Reading the First Line on the Label(00:07:07) Losing Weight Too Fast: The Muscle Problem(00:08:34) Why "Eat Less, Move More" Fails(00:12:43) Coach First, Clinician Second(00:14:19) A Quarter Milligram for Four Months(00:16:52) Semaglutide vs. Tirzepatide(00:19:29) The MSK Claims Nobody Saw Coming(00:22:17) Why Self-Funded Employers, Not Consumers(00:25:09) Where the Name Embla Comes From(00:27:28) One Price, Everything Included(00:30:42) Learning About PBMs the Hard Way(00:34:43) Deprescribing and Cardiometabolic Care(00:42:30) Why America Makes This Harder(00:46:30) The Three Behavioral Levers(00:49:27) How the Program Actually Rolls Out(00:54:14) Diet, Fasting, and Food Quality(00:57:10) The Moonshot(01:00:59) Closing ThoughtsKey Links for Social:@SelfFunded on YouTube for video versions of the podcast and much more - https://www.youtube.com/@SelfFundedListen/watch on Spotify - https://open.spotify.com/show/1TjmrMrkIj0qSmlwAIevKA?si=068a389925474f02Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast/self-funded-with-spencer/id1566182286Follow Spencer on LinkedIn - https://www.linkedin.com/in/spencer-smith-self-funded/Follow Spencer on Instagram - https://www.instagram.com/selffundedwithspencer/

The Space Show Presents SpaceComputer With Daniel Bar & Filip Rezabek, Sunday 8-16-26This Space Show interview program featuring Daniel Bar and Filip Rezabek from SpaceComputer, a company developing secure computing infrastructure for space-based internet located in Australia. Daniel, based in Australia, and Filip, based in Germany, explained their SpaceFabric technology, which creates a secure computing architecture in space that generates cryptographic keys after satellites reach orbit and provides mutual attestation between independent secure stations. The company is preparing for their first launch in October 2026 on an unnamed mission, with two additional launches planned for 2027. They also discussed their post-quantum security features, multi-tenancy capabilities, and plans to operate across 5-7 communication layers similar to the TCP/IP stack. The technology aims to address current security gaps in space communications, where recent research found 50% of space communications are transmitted unencrypted, and enables verifiable data transmission from spacecraft to Earth with cryptographic attestation.Our guests discussed their backgrounds, with Daniel sharing his Israeli heritage and connection to the Israeli Air Force, while Filip and The Space Show Dream Team were introduced by their professional backgrounds in engineering and agriculture. Our guests from SpaceComputer said they would be addressing relevant topics based on their work on developing a stable internet, quantum computing security, and post-quantum encryption. We began with a discussion about SpaceComputer's technology called Space Fabric, with John Jossy sharing a link to a related paper on David's Space Show blog.Daniel and Filip introduced themselves as co-founders of SpaceComputer, a company developing secure hardware and software infrastructure for space internet. They clarified that while their work is inspired by NASA's efforts in a secure space internet, they have not yet started working with NASA directly. The company aims to create secure interconnectivity systems for space-based data centers, enabling proper workload segregation and software isolation, with their Space Fabric hardware set to be integrated aboard a satellite launching in October.The Space Show Wisdom Team discussed their SpaceFabric architecture, which aims to provide a software stack for space internet communication that goes beyond physical layer capabilities like Starlink. Filip explained that SpaceFabric would consist of 5-7 communication layers similar to TCP/IP stack, with the first mission launching in October as their first step toward space heritage. The team cannot yet reveal the launch partner or details about the mission due to pending spacecraft clearance and partner sensitivities, with full details expected to be announced around end of September.Filip explained their company's focus on building space-native computer services and hardware for spacecraft, emphasizing their software development capabilities with hardware components that enable secure, multi-tenant computing in space. The system includes a hardware component providing root of trust, a software stack, and a Satellite Execution Assurance Protocol that verifies computations are happening in space through challenge-response between ground stations and satellites. When asked about their company's focus, Filip clarified they are primarily a software development company with a hardware team that develops embedded systems and PCBs, rather than building spacecraft or rockets.Special thanks to our sponsors:American Institute of Aeronautics and Astronautics, Helix Space in Luxembourg, Celestis Memorial Spaceflights, Astrox Corporation, Dr. Haym Benaroya of Rutgers University, The Space Settlement Progress Blog by John Jossy, The Atlantis Project, and Artless EntertainmentWe use Zoom phone numbers for program participation.For real time program participation, email Dr. Space at: drspace@thespaceshow.com for instructions and access.The Space Show is a non-profit 501C3 through its parent, One Giant Leap Foundation, Inc. To donate via Pay Pal, use:To donate with Zelle, use the email address: david@onegiantleapfoundation.org.If you prefer donating with a check, please make the check payable to One Giant Leap Foundation and mail to:One Giant Leap Foundation, 11035 Lavender Hill Drive Ste. 160-306 Las Vegas, NV 89135Upcoming Programs:Tuesday, August 18, 2026: No program today | Tuesday 18 Aug 2026 700PM PTGuests: Dr. David LivingstonNo program today.Broadcast 4578 Hotel Mars featuring Rohan Naidu on the black hole star discovery | Wednesday 19 Aug 2026 930AM PTGuests: John Batchelor, Dr. David Livingston, Rohan NaiduHotel Mars Featuring Rohan Naidu on the newly discovered black hole starBroadcast 4579 Zoom: Amir Notea, Shar Bahiri, Fred Simon | Friday 21 Aug 2026 930AM PTGuests: Amir Notea, Shar Bahiri, Fred SimonZoom: Our guests discuss the Israeli company Moonshot.space and moreBroadcast 450 Zoom: Open Lines Discussion | Sunday 23 Aug 2026 1200PM PTGuests: Dr. David LivingstonZoom: Open Lines Discussion. Join us if you can. Get full access to The Space Show-One Giant Leap Foundation at doctorspace.substack.com/subscribe

Peter Warren forklarer hva et hedgefond egentlig er, etter at Leopold Aschenbrenners fond kollapset, hvorfor shortlisten på Oslo Børs ikke betyr det folk tror den betyr. Resten går til strømregningen: norgesprisen, konsesjonskraften og hva en kilowattime faktisk koster deg.Kapitler(00:00) Intro og Skygard(00:52) Strømprisen: hva du faktisk betaler(03:55) Ukens marked: halvledere, Korea og Oslo Børs(05:07) Moonshot, H100 og bitcoin-rabatten(09:48) Krypto, gull og 30-åringen på 5,22(14:51) Borr Drilling: shortlisten som ikke handler om shorting(21:34) Hva er egentlig et hedgefond(35:41) Regnestykket bak norgesprisen(44:08) Parkering, overvåking og elsykkelen(53:23) Regulatory capture og AI-modellene(59:26) Boligmarkedet i Oslo må ned Hosted on Acast. See acast.com/privacy for more information.

The launch of Moonshot AI’s Kimi K3 model has taken the tech world — and Washington — by storm, raising urgent questions about how a Chinese startup can suddenly rival the world's most powerful AI systems. On today’s Big Take Asia podcast, host Oanh Ha speaks with Bloomberg’s Mark Anderson about the distillation method behind Moonshot’s breakthrough and what it means for the high-stakes AI race between the US and China. Read more: Moonshot Plans IPO in Six Months After China AI BreakthroughSee omnystudio.com/listener for privacy information.

Kevin Nash returns to the studio after a grueling weekend of travel to Minneapolis for one of the biggest wrestling conventions of the year. He shares his hilarious and unfiltered frustrations with navigating packed airports, playing a stubborn game of pedestrian chicken, and battling the unexpectedly complex mechanics of a vintage hotel shower. Fans get a front row seat to the everyday inconveniences that test the patience of a WWE legend on the road. The trip offered far more than just autograph signings, providing a rare opportunity for Kevin to reunite with some of the most iconic figures in wrestling history. He reflects on crossing paths with his former Main Event Mafia teammates and catching up with legendary broadcasters Jim Ross and Jerry Lawler. The conversation takes a deeply emotional turn as the three men bond over their shared experiences with unimaginable grief, offering a raw and vulnerable look at finding the will to keep pushing forward through life's most difficult chapters. Back at the convention tables, Kevin pulls back the curtain on the chaotic but rewarding environment of massive fan festivals. He breaks down the unique psychology behind the perfect fan interaction and explains exactly why taking a seated photo is the ultimate veteran move for a massive superstar. Tune in to hear the full breakdown of a wild weekend that blends trademark humor with heartfelt reflections in a way only the Kliq This crew can deliver. CarGurus-It's no wonder CarGurus is the number 1 most visited car shopping site, according to Similarweb's estimated traffic data. Buy or sell your next car today with CarGurus at cargurus.com Larineco is better-for-you chewing gum that uses the same mineral your teeth are made of to support daily enamel health. Right now, Larineco is offering our listeners up to 50% off at BuyLarine.com/KLIQ Ridge-Get 10% Off your entire order & take advantage of Ridge's Annual Sweepstakes by going to https://www.Ridge.com/KLIQ #Ridgepod NO PURCHASE NECESSARY. Open only to legal residents of the promotion territory, who have reached the age of majority in their jurisdiction of residence. Void elsewhere & where prohibited by law. Enter by 9:00 a.m. USPT on 8 September 2026. 2 winners, prizes total ARV: up to approx. $539,165 CAD / £284,170. Skill-testing question required in CA. See Official Rules at ridge.com/pages/rules for complete eligibility, entry instructions, how to enter without a purchase, entry limits, prize details, odds, and restrictions. Sponsor: The Ridge Wallet LLC. BlueChew-When you buy two months of BlueChew Gold, you get the third FREE with promo code NASH. You will also receive an additional 10% OFF + Free overnight shipping on your first order. Visit BlueChew.com for more details and important safety information Cash App-Download Cash App Today: https://capl.onelink.me/vFut/3v6om02z #CashAppPod. Cash App is a financial services platform, not a bank. Banking services provided by Cash App's bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. Cash App Visa® Debit Flex Cards issued by Sutton Bank, Member FDIC, and The Bancorp Bank, N.A., pursuant to a license from Visa U.S.A. Inc. See terms and conditions for the Sutton prepaid card, Sutton debit flex card, and Bancorp debit flex card. Savings provided by Cash App, a Block, Inc. brand. Visit cash.app/legal/podcast for full disclosures. HomeServe Join the millions of customers who trust HomeServe. For 50% less your first year, go to HomeServe.com/kliq 00:00 Kliq This #214 00:57 Nash has been through the GRINDER 03:31 at my table by 10a every week 11:58 Massive Conventions 13:35 Nash's lines move faster 16:41 Take your time with people who are in line for you 20:32 Meeting Mitch 23:01 How great Wrestlecon was 23:45 FRESNO 26:51 BREAK CARGURUS 30:48 Dave Lagreca 32:42 Shower Gel 39:35 SAG Pension check 43:00 the power of a Trust 44:01 a Moonshot 52:49 BREAK LARINECO 57:09 Fans singing along 01:02:03 MT Nashmore: Best wrestler entrances 01:09:22 Vince Neil lip syncing to a vocal track 01:14:10 Chris Cornell 01:14:36 Nirvana is overrated 01:18:42 Kid Rock is Trump's friend 01:21:57 BREAK BLUECHEW 01:23:59 Get With This or That?: Lakers or Bulls? 01:25:29 Susan Summers or Farrah Fawcet? 01:28:53 The Comments are back on 01:29:09 3rd shift 01:29:21 Scott Hall's professionalism 01:30:50 BONES 01:31:34 Fauci taking the 5th 01:32:07 Nash's Sheik and Cornette's Ladd 01:33:58 BREAK RIDGE 01:38:16 FL vs NJ 01:43:33 BREAK CASHAPP  01:45:52 KTTV 01:46:43 Coolest item you signed 01:48:26 Rhea should get stem cells 01:55:39 No Jewelry 01:57:31 OUTRO

Peter forteller om hvorfor han takket nei til Abu Dhabi-oljefondet, hvordan high frequency-aktørene tvang ordrestørrelsene hans ned fra 50 til under 3 millioner, og hvorfor han nå bygger arbitrasjehandel i bitcoin-markedet i stedet. Resten går til Ken Griffins oppkjøp av Situational Awareness som vendepunktet i markedet, rekordvolumet i opsjonsmarkedet, og strømprisene i Sør-Norge.Kapitler(00:00) Intro(01:21) Tilbudet fra Abu Dhabi og hvorfor han sa nei(04:44) Sharpe-ratio og hvordan boka faktisk ble handlet(09:12) Barclays, 25 millioner per ordre og forholdet til bankene(14:39) High frequency spiser ordreboka(17:00) Ned fra 50 til 3 millioner, og hvorfor Abu Dhabi ble umulig(20:41) DAT-selskapene, MicroStrategy-premien og Geirs bitcoin(24:04) Moonshot: arbitrasje i det digitale markedet(30:19) Noteringen i Sverige og 3500 bitcoin(33:27) Ukas marked: hyperscalere, Nvidia, gull og sølv(35:36) Bunnene: Microsoft opp 42 prosent siden 25. juni(36:17) Ken Griffin som den nye JP Morgan(41:10) Trumps hår som markedssignal(45:01) Fire millioner opsjonskontrakter og den flate skewen(48:33) Olje, Iran og de strategiske lagrene(1:00:00) Hvorfor ingen norsk bank lager en shipping-ETF(1:04:45) Strømmen: 22 ganger dyrere enn i Sverige(1:12:02) Aschenbrenner, tap som læring og "kjøpt møblene selv"(1:22:13) Busslommene på Bygdøy Hosted on Acast. See acast.com/privacy for more information.

Ryan Wrecker fills in for Annie Frey and discusses the latest on China's latest AI model with James Malackowski, Chairman and Co-Founder of AIQ Global.

-According to US cybersecurity startup Frontier, Kimi K3 broke out of a sandbox from the UK government's AI Security Institute while its defensive cybersecurity skills were being evaluated. -Scientists at Palo Alto's Arc Institute and Stanford University created the viruses with the genome language models Evo 1 and Evo 2. -Tropical cyclones pose a unique challenge to predict because global atmospheric currents that determine a storm's path have traditionally been best analyzed by coarser global models. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Special Guest: Nikesh Arora, CEO @ Palo Alto Networks.  AGENDA: 04:50 Airtable Sold to Bending Spoons for $1.285B  17:00 Leo Aschenbrenner's Situational Awareness Blows Up as Citadel Buys His $16BN Book 22:30 Anthropic's AI Models Breach Three Companies as Cyber Threat Accelerates 33:35 Moonshot AI Raises $3.5B at $35B as Chinese Models Crush AI Prices 38:05 Valar Atomics Triples to $6B as Sequoia Bets on Nuclear Power for AI 42:50 OpenAI and Anthropic Could Trigger a Massive Public-Market Dislocation 52:55 Big Tech and Palantir Earnings Ignite the Next Phase of the AI Gold Rush 1:04:30 Procore Buys DroneDeploy for $900M in a High-Stakes 12x Revenue Bet 1:10:55 Scale AI Hits $1.5B ARR After the Meta Deal Left It for Dead  

Something new. Tristan Handy is joined by Jason Ganz for the first Roundup, a recurring conversation about the stories moving the ecosystem right now. This time: the OpenAI model that escaped its sandbox and hacked Hugging Face, Moonshot's Kimi K3 and what a restrictive license on open weights really means, and Katie Bauer's read on what changes for data teams as agents arrive. The Analytics Engineering Podcast is sponsored by dbt Labs. Reach us at podcast@dbtlabs.com with comments and guest suggestions.

What if you could build solutions that unlock entirely new realities for millions of people? Aiming for something so big and so audacious that it seems almost impossible to imagine is often referred to as a moonshot. And what might it mean if a big part of what's standing in the way of your moonshot… is your mindset? We Meet:  Salima Bhimani, author of Invent Now: The Next Leap in MoonshotsCredits:This episode of SHIFT was produced by Jennifer Strong with help from Emma Cillekens. It was mixed by Garret Lang, with original music from him and Jacob Gorski. Art by Meg Marco.

As part of a SpaceX rocket is expected to crash into the moon, Elon Musk is betting on another kind of moonshot - as SpaceX pours billions more into its AI buildout in its first results since its record-breaking public offering.Elsewhere, we hear from one of the biggest fresh produce companies in the UK about how heatwaves are hitting British growers - and how supermarkets might need to adapt. And the EA Sports business has officially gone private - after being bought out by investors including Saudi Arabia's Public Investment Fund. We bring you the latest on what the deal means for the gaming world.

A full forensic timeline. Brady traced it end to end: a 2018 MicroPython software fallback sat harmless for three years until March 2021, when Coinkite moved to Bitcoin Core's math library and silently bound seed generation to that fallback. Lopp notes the bug lived in the build system, not the main code. Firmware 4.0.0 is the dividing line. Shipped March 17, 2021. Seeds generated before roughly March 1 are fine, and MK3 releases 3.2.1 and 3.2.2 were the last safe ones. Every default seed after that was weak. It was flagged in 2021 and dismissed. Four months after the bad firmware shipped, someone publicly raised Coldcard entropy concerns. NVK's reply called it FUD and demanded a line in the code. That post is deleted; an archived screenshot survives. The scope widened over the weekend. Coinkite added MK2 alongside MK3 and MK4, and confirmed Q and MK5 at roughly 72 bits rather than the expected 128. Independent analysis put the MK4 class nearer 50 to 60 bits in practice. Dice rolls and passphrases do not cover everything. Nine other Coldcard features draw from the same broken generator, including message signing and deriving keys for other purposes. BTC Sessions confirmed an MK4 with a one-word passphrase was drained. Scale, and Cory's proportion. Roughly 1,300 Bitcoin total, 594 in the first wave, with Chainalysis showing the highest-balance wallets targeted first. Cory noted centralized exchanges and lenders have lost about a thousand times more. The chip-ID recovery hope is gone. Holders were told earlier in the week to keep their devices because a chip signature might prove ownership. Brady reported that has since been shown not to work as hoped, narrowing recovery further. Vendor indictment or self-custody indictment? An audience question that framed the hour. Brady argued it is a challenge to upgrade toward multi-vendor multisig rather than a verdict on self-custody. One listener pushed back that the indictment already landed. Joe Nakamoto from Europe. He found almost nobody in his circle affected, since Coldcard's loudest advocates were largely American and circular economies mostly run on Lightning. Bloomberg was the only genuinely mainstream outlet, and its coverage was fair. Open source, and the AI asymmetry. Researchers keep reaching for Moonshot's open-weight Kimi K3 because US frontier models refuse legitimate security work. Rob Hamilton's decentralized effort to pentest Bitcoin repos received grant funding during the show.

Are we in an AI bubble? Does it matter that Chinese AI firms are banned from using American chips? How big is the chance of an AI crash? Can an AI business survive without energy generation capabilities? Azeem Azhar – the founder of the leading research platform Exponential View – joins us to tell us about his report on the state of the AI economy. Plus, Robert and Steph find out what Azeem learnt about AI from a visit to a Chinese night club with the Moonshot gang. The Rest is Money is brought to you by Octopus Energy, Britain's smart energy pioneer. This episode is brought to you by Accenture. https://Accenture.com/Spotify-UK Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠the⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠restismoney@goalhanger.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Advertise with us: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Partnerships@goalhanger.com⁠ For more Goalhanger Podcasts, head to ⁠www.goalhanger.com⁠ Video Editor: Dylan Bonham Producer: Isabelle Bougeard Exec Producers: Chris Sawyer and Tom Whiter Learn more about your ad choices. Visit podcastchoices.com/adchoices

Vy Le and Jessi Brooks trace an AI agent's sandbox escape back to crypto's own fight over open code. Plus, Plume general counsel Salman Banaei on Clarity's knife's-edge vote math. ======================================================== Thank you to our sponsor! ⁠⁠⁠⁠Cape⁠⁠⁠⁠: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED). ======================================================== An AI agent was told to solve a problem inside a sealed sandbox. Instead it found a way out, went to Hugging Face, and took the answer. Jessi Brooks argues that episode, Moonshot's open-weight Kimi K3 release, and Apple's trade secrets suit against OpenAI all rhyme with a fight crypto has been having for years: punish the conduct, not the code. Vy Le pushes back on whether open source can be both the disease and the cure. Then Salman Banaei, General Counsel of Plume and a former SEC and CFTC attorney, joins to map where the Clarity Act's ethics language stands with Ruben Gallego, Thom Tillis, Kirsten Gillibrand, and Adam Schiff, and whether ten Democratic votes exist for cloture. The conversation covers the open-weights export fight, Apple's case against OpenAI, Hester Peirce's new statement on DeFi vaults and onchain lending, and why a new FATF report makes control, not decentralization, the test that matters. Host: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jessi Brooks⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, General Counsel at Ribbit Capital⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Vy Le⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Co-host of DEX in the City and General Counsel of Veda Guest: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Salman Banaei - General Counsel of Plume, Former Head of Policy at Uniswap and Chainalysis, and Former SEC and CFTC Attorney Timestamps

DoorDash just got FAA approval to build its own delivery drones — how messy could this get? Plus, Kouri Richins' request for a new trial has been denied. Then, Governor Cox launches a $5 million AI "Moonshot" program in Utah — what does it mean for the state? And with Utah's work-from-home numbers dropping, we want to hear from YOU: did you get sent back to the office?  Also on today's show: Pizza Hut is struggling and betting on nostalgia to save itself (we say bring back the red cups and jukeboxes). Texters chime in on their thoughts.  Just how chaotic are Costco parking lots? Enough to call it “Survivor” for cars? Ford is borrowing Nike's sneaker-drop strategy to sell cars, and we've always known minivans are cool — millennials are finally catching on. In Health Class, new research links Ozempic to an unexpected effect on jobs and spending habits. And for today's AI Question of the Day: are we throwing away perfectly good food too soon? KSL Brightside streams live weekdays 12–3 PM, with a YouTube-exclusive live stream from 12–1 PM and radio plus YouTube from 1–3 PM.   Follow KSL Brightside on social media! YouTube: https://www.youtube.com/@KSLBrightside Facebook: https://www.facebook.com/KSLBrightside Instagram: https://www.instagram.com/KSL_Brightside TikTok: https://www.tiktok.com/@ksl.brightside  

Le « moment Spoutnik » de l'IA : sortie de Kimi K3 Un modèle chinois rivalise avec Claude et GPT-5 pour cinq fois moins d'argent. Ce n'est pas une copie — c'est une menace directe sur les valorisations à mille milliards de dollars construites en quelques années à peine aux États-Unis.La Maison Blanche crie au vol, mais les outils qui font tourner la Silicon Valley utilisent déjà des modèles chinois. La distillation dont on accuse Moonshot, c'est le même processus qui a permis à Cursor de devenir ce qu'il est aujourd'hui.Ce qui bascule, ce n'est pas seulement le leadership technologique. C'est la question de qui a le droit de construire sur quoi et qui protège son oligopole en se cachant derrière la réglementation.===================⏱️ DANS CET ÉPISODE :===================0:00 — Intro0:34 — Kimi K3, le modèle chinois qui défie l'Amérique3:03 — Une architecture innovante et des coûts inédits11:47 — Distillation: voler ou s'inspirer légitimement17:52 — 5 milliards contre 100: le choc de valorisation19:30 — La contrainte comme arme secrète des Chinois22:16 — Les LLM plafonnent26:03 — Jensen Huang contre Washington: la Silicon Valley en révolte34:02 — Kimi K3 s'adresse à qui concrètement=============

In this episode of the ChinaPower Podcast, Ngor Luong joins us to discuss the rapid rise of Chinese startup Moonshot AI's Kimi K3 model, China's open AI strategy, and the implications for U.S.-China competition. Drawing on her recent paper, Two Loops: How China's Open AI Strategy Reinforces Its Industrial Dominance, she examines China's rapidly expanding open AI ecosystem, unpacks the "two loops" framework behind China's AI development strategy, and assesses the implications of the growing global diffusion of Chinese AI models.  Ngor Luong is Senior Policy Analyst on the Technology and Innovation team at the US-China Economic and Security Review Commission. She joined this podcast in her personal capacity and not on behalf of the Commission. 

There are two sources of inspiration for this week's interview: one was Rebecca Kutzer-Rice's article “Why and how we automated our flower greenhouses,” which you can read here. And the other is the 40hr Farmer live greenhouse coaching and video course, brought to you by Growing for Market and Orisha greenhouse automation (it's also free for all GFM subscribers by the way- get the code to register from the home page when you log in). Now, The 40hr Farmer is currently an in-depth look at greenhouse tomato growing, but in the future we are going to expand it to other crops.  And since we know Rebecca knows about automating GH flower crops from her article, and that greenhouse flowers can be as profitable if not more so than greenhouse vegetables, we wanted to get her opinion on which flower crops would be most important to cover when we get to flowers. Listen to this interview to hear why Rebecca recommends ranunculus, snapdragons and lisianthus as some of the GH flower crops that might need their own courses, and why growers are so obsessed with their greenhouses. We also talk about the greenhouse set points for these crops, climate settings for reducing disease in flower crops in general, maximizing production, why sometimes it can actually be cheaper and more efficient to grow a crop hotter, and more. Connect With Guest: Website: moonshotfarm.com Instagram: @moonshot_farm Read Rebecca's article from the February 2025 Growing for Market Magazine: Why and how we automated our flower greenhouses Podcast Sponsors: Huge thanks to our podcast sponsors as they make this podcast FREE to everyone with their generous support: Nifty Hoops builds complete gothic high tunnels that are easy to install and built to last.  Their bolt-together construction makes setup straightforward and efficient, whether it's a small backyard hoophouse, or a dozen large production-scale high tunnels- especially through their community build option, where professional builders work alongside your crew, family, or neighbors to build each structure -- usually in a single day.Visit niftyhoops.com to learn more. If you grow for market, you know performance is everything. That's why so many farmers are turning to Burpee's Farmers Market. Dedicated to professional growers, Burpee is now offering non-GMO seeds in larger quantities – bred and selected for standout flavor, strong yields, and the kind of visual appeal your customers crave. Burpee's been doing this for 150 years, and they're still creating new varieties with growers like you in mind. You can check out the full lineup at Burpee.com/FarmersMarket. For more on veg and flower market farming, subscribe to Growing for Market Magazine!

SCHEDULE  JOHN BATCHELOR SHOW, 7-27-26Headline: Signaling Peace Amidst Conflict: The US and Iran Standstill Guest: Ambassador Hussein Haqqani and Bill Roggio Summary: John Batchelor discusses the current tensions between Iran and the United States following a sudden halt in American bombing. Ambassador Haqqani explains that both nations are seeking a diplomatic "off-ramp," though they face severe internal political constraints that prevent either a ground invasion or a total surrender. Bill Roggio adds that while secret talks are likely, reports of depleted US munitions might be influencing the decision to pause military action.Headline: The Threat of Escalation in the Caspian Theater Guest: Ambassador Hussein Haqqani and Bill RoggioSummary: This segment examines the potential for unconventional warfare escalation across Eurasia and the specific risks within the Caspian theater. Haqqani warns that Iran's ability to hold the global economy hostage through the Red Sea and Hormuz Strait creates a complex dilemma for the US. Bill Roggio concurs that limited aerial bombardment is insufficient for regime change and notes that neighboring countries like Kuwait remain hesitant to directly engage for fear of retaliation.Headline: Somalia's Unverifiable Victories: The Death of a Shabaab Founder Guest: Caleb Weiss and Bill RoggioSummary: Somali officials claim the death of Maalim Ibrahim, a co-founder of al-Shabaab and a key military planner who held many executive hats. However, guest Caleb Weiss cautions that such claims often lack third-party verification and may be false. The US is currently threatening to cut funding for the UN mission in Somalia due to a perceived lack of progress against the group and pervasive internal political corruption.Headline: Houthi Blockades and the Siege of Saudi Energy Ports Guest: Bridget Turner and Bill Roggio Summary: Houthi rebels have initiated a maritime blockade against Saudi Arabian ports, causing ship traffic through the Bab el-Mandeb strait to fall to its lowest level in months. While the Houthis cite local grievances, their actions align with Iran's broader strategy to pressure global energy markets. Despite the threat, Saudi Arabia has retaliated by bombing Houthi ports, even as the rebels receive targeting assistance from Iranian spy ships.Headline: High Stakes Diplomacy: Netanyahu's Visit and the Iranian Threat Guest: Malcolm Hoenlein and Thaddeus McCotter Summary: Prime Minister Benjamin Netanyahu travels to Washington to meet with President Trump and attend the funeral of the late Senator Graham. The agenda focuses heavily on Iran's continued aggression, including reports of the "Pickaxe Mountain" facility containing thousands of centrifuges deep underground. Malcolm Hoenlein notes that despite the diplomatic pause, Iran continues to execute young dissidents and sponsor assassination plots in Israel and the United Kingdom.Headline: The Lebanese Pilot Zones: A Fragile Experiment in Peace Guest: Malcolm Hoenlein and Thaddeus McCotterSummary: Lebanon is attempting to establish humanitarian pilot zones where the Lebanese Armed Forces (LAF) replace withdrawing Israeli troops. Critics argue this model mirrors the failed Gaza disengagement, as Hezbollah remains entrenched and unwilling to disarm. Additionally, Hoenlein discusses a recent Ukrainian attack on an Iranian vessel in the Caspian Sea, which signals a dangerous expansion of the regional conflict that may have broader retaliatory implications for the future.Headline: Hezbollah's Surveillance and the Ineffectiveness of the LAF Guest: David Daoud and Bill Roggio Summary: The IDF recently shot down an unarmed Hezbollah drone gathering intelligence over strategic ridges in southern Lebanon. David Daoud highlights that Hezbollah continues to operate freely despite the presence of the Lebanese Armed Forces in pilot zones. The segment questions why Western leaders trust the Lebanese government, given its failure to demand nationwide disarmament and its history of coordinating with Hezbollah to hide military infrastructure from international monitors.FILE 8: Not provided in the sources.Headline: Brazil's Transnational Politics: Lula vs. the Conservative Alliance Guest: Ernesto Araújo and Alejandro Peña Esclusa Summary: President Lula da Silva of Brazil has shifted toward an anti-American stance, aligning himself with "criminal socialism" and the São Paulo Forum. Former Foreign Minister Araújo describes a growing transnational alliance between Donald Trump, Javier Milei, and Flavio Bolsonaro to counter communist penetration in Latin America. The upcoming Brazilian election is seen as a critical battleground for the future of economic freedom and regional stability against organized crime.Headline: The Venezuelan Transition and the Shield of the Americas Guest: Ernesto Araújo and Alejandro Peña EsclusaSummary: Acting Venezuelan President Delcy Rodriguez has received unexpected praise from President Trump, causing concern among opposition members who view her as a gangster. Alejandro Peña Esclusa argues that Rodriguez is a repressive figure and suggests a reconstruction government of experts instead. Meanwhile, Brazil's Flavio Bolsonaro seeks to join the "Shield of the Americas" to combat regional criminal gangs and support a democratic transition in Venezuela.FILE 11: Not provided in the sources.Headline: Iran's Drone Test: Challenging the US Strategic Pause Guest: Edmund Fitton-Brown and Bill RoggioSummary: Following a US suspension of airstrikes, Iran launched drone attacks against Saudi Arabia, Jordan, and Iraq to test the Trump administration's resolve. Edmund Fitton-Brown explains that Iran aims to prove it decides when pauses occur, not the US. The segment warns that without consistent US pressure, Iran could establish a "regional protection racket," leaving Arab states to seek separate accommodations with the bully on the block.Headline: Starship Test 13: Success and Challenges in Reusability Guest: Doug Messier Summary: SpaceX's Starship Test 13 achieved a controlled landing of the spacecraft in the Indian Ocean, though the Super Heavy booster exploded during its Gulf landing. Doug Messier explains that while the mission successfully deployed Starlink satellites, the FAA remains concerned about future overland flights. The ultimate goal is full reusability for NASA's upcoming lunar missions and upgrading the capacity of the Starlink network for laser communications.Headline: Decapitating Hamas: Targeted Strikes in Gaza Guest: Samuel Benner and Bill Roggio Summary: The IDF has conducted targeted strikes against Hamas's internal security commanders, including the head of the police force in central Gaza. Samuel Benner reports that while the upper military echelon has been largely eliminated, Israel is now targeting those responsible for imposing rule on Gazans. Despite these strikes, Hamas continues to control food distribution, effectively using humanitarian aid as a "piggy bank" for the organization.Headline: The Iran War: A Strategy Stuck in Stalemate Guest: Jonathan Schanzer and Bill Roggio Summary: After twelve days of intense US bombing, there is confusion regarding the long-term plan for achieving behavior change in Tehran. Jonathan Schanzer argues that the regime remains ideologically committed to power and is unlikely to offer concessions for money alone. Furthermore, Iran's capability to launch ballistic missiles remains significant, and the IRGC has not yet felt the impression that a total regime collapse is imminent.Headline: The AI Bubble: China's Strategic Intellectual Property Theft Guest: Brandon Ward and Gordon ChangSummary: China is allegedly using stolen American intellectual property to train its artificial intelligence models, such as Moonshot's Kimmy K3. Brandon Ward suggests this is a strategic move to collapse the inflated market value of the American AI sector. Gordon Chang warns that despite export bans, Chinese firms continue to acquire high-end Nvidia chips, complicating US strategic plans and economic dominance while threatening a potential future shooting war.

FILE 16. Headline: The AI Bubble: China's Strategic Intellectual Property Theft Guest: Brandon Ward and Gordon Chang Summary: China is allegedly using stolen American intellectual property to train its artificial intelligence models, such as Moonshot's Kimmy K3. Brandon Ward suggests this is a strategic move to collapse the inflated market value of the American AI sector. Gordon Chang warns that despite export bans, Chinese firms continue to acquire high-end Nvidia chips, complicating US strategic plans and economic dominance while threatening a potential future shooting war.

ESPN's Dan Wetzel, joins the show to take us inside the mess at UNC // Will Christian Gonzalez be signed by the season opener? // How the Celtics can ditch Paul George // Will Drake Maye run more this year? //

durée : 00:04:36 - Les Matins de France Culture - par : Camille Nédellec - La rivalité entre la Chine et les États-Unis pour le leadership de l'intelligence artificielle se joue aussi sur le terrain des personnalités. Entre rock et culture pop, le portrait du fondateur de Moonshot AI illustre une nouvelle stratégie chinoise pour attirer les talents. Vous aimez ce podcast ? Pour écouter tous les épisodes sans limite, rendez-vous sur Radio France

Stripe was in talks to buy OpenRouter for as much as $10B while still chasing PayPal. Midjourney bought astrology app Co-Star, Meta launched Facebook Verified and a standalone Seller app, and Nvidia and Microsoft defended open-weight AI. Sources: Stripe is in talks to acquire OpenRouter, which helps developers use AI models and could fetch ~$10B; PitchBook: OpenRouter was valued at $1.3B in May (WSJ) Sources: Stripe and Advent's unsolicited $53B PayPal offer, backed by ~$50B in committed bank financing, would create a payments giant processing ~$3.7T annually; PayPal has not responded (Reuters) Midjourney bought astrology app Co-Star, which uses AI to offer personalized advice, in the spring and is building its first standalone image-generation app (Bloomberg) Meta launches Facebook Verified, a free program it says will verify that users are real humans by analyzing a facial recognition selfie and assigning badges (Engadget) Meta launches Seller, a free standalone app version of Facebook Marketplace; Seller includes AI features that scan photos to fill out listings automatically (NYT) Meta, Nvidia, Microsoft, a16z, and others sign a letter defending open-source AI; Jensen Huang, in his first X post, says open models strengthen cybersecurity (The Information) Signatories including Palantir avoid naming China or Moonshot in the open-weight letter, framing it instead around US AI leadership being judged by a strong open ecosystem, not one frontier model (Bloomberg) Longreads Meet All The Middle Aged Women Who Don't Exist: AI-generated wellness influencers, all gorgeous and all "57", are selling NMN supplements to women over 40 (Charlotte's Book) Big US pizza delivery chains are struggling as DoorDash and Uber Eats give independent pizzerias greater market access, erasing the tech moat chains once had (FT) Subscribe to the ad-free feed. Learn more about your ad choices. Visit megaphone.fm/adchoices

The mates discuss Hugging Face breach, Moonshot AI being valued at $20B, and living to 1,759 years old.  Get access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends   Peter H. Diamandis, MD, is the Founder of XPRIZE, Singularity University, ZeroG, and A360 Salim Ismail is the founder of Open ExO, a GP at Exponential Venture Capital/The Organizational Singularity Fund and a sought after global speaker and thought leader. Dave Blundin is the founder & GP of Link Ventures Dr. Alexander Wissner-Gross is a computer scientist and founder of Reified – My companies: Apply to Dave's and my new fund:https://qr.diamandis.com/linkventureslanding      Go to Blitzy to book a free demo and start building today: https://qr.diamandis.com/blitzy   Your body is incredibly good at hiding disease. Schedule a call with Fountain Life to add healthy decades to your life, and to learn more about their Memberships: https://www.fountainlife.com/peter  _ Connect with Peter: X Instagram Substack Website Xprize A360 Connect with Dave: Web X LinkedIn Instagram TikTok Connect with Salim: LinkedIn X New ExO Leap Program Join Salim's 10X Shift Subscribe to Salim's YouTube channel Exponential Venture Capital Connect with Alex Website LinkedIn X Email Substack  Spotify Threads Listen to MOONSHOTS: Apple YouTube – *Recorded on July 23rd, 2026 *The views expressed by me and all guests are personal opinions and do not constitute Financial, Medical, or Legal advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, we discuss Bun's move to Rust, OpenAI hunting for revenue, and Stripe's bid for PayPal. Plus, Coté's Dad wisdom. Watch the YouTube Live Recording of Episode 582 Runner-up Titles Turn off my dog Dad Wisdom Amazon subscription and let it fly Dad box Talking about modernization Skin in the game The ivory tower of “Things Actually Work in the Real World” Business fortnight No SegwaysBanking works everywhere else in the world, not America Rundown Rewriting Bun in Rust OpenAI OpenAI's No. 2 Executive to Step Down in Latest Leadership Shake-up OpenAI's Chief Futurist Is Leaving the Company AI Devices Are Coming. Will Your Favorite Apps Be Along for the Ride? OpenAI Executive Kevin Weil Is Leaving the Company OpenAI power consolidates under co-founder Greg Brockman ahead of prospective IPO Barret Zoph is out at OpenAI again after just five months Apple sues OpenAI, accuses ex-employees of stealing trade secrets OpenAI Appears to Be Missing Its Sales Goals by a Vast Margin Stripe, Advent make $53 billion takeover offer for PayPal, sending stock soaring Relevant to your Interests SpaceX, AI Bubble Fears, and The Age of the Trillion-Dollar, Zero-Profit Company Microsoft Frontier Company: AI engineering that amplifies and protects your intelligence Building a CLI for all of Cloudflare California founder fired for ignoring his company's own return-to-office mandate Samsung chip division's single-year profits beat its past 40 years of profits, combined Did a lottery winner become "the company of the future"? Power company hikes data center bills by 30%, cuts residential electricity costs by 1.3% Where AI Works: Slack is the Conversational Interface for Headless AI Salesforce MCP Servers: AI, Data & Analytics for Tableau & Data 360 in Slack IBM and Red Hat launch Lightwell to defend open-source code from AI attacks Infoblox acquires Kentik, adding network observability to its DNS and DDI platform Apple 'Hide My Email' Vulnerability Reveals Peoples' Real Email Addresses House passes bill to make daylight saving time permanent United Airlines' new upsell: Keeping other travelers out of the middle seat Linux creator Linus Torvalds puts foot down on anti-AI comments 1Password now lets Claude sign in to websites without seeing your passwords 1Password and Anthropic Bring Secure Credential Access to Claude forum, an accountable orchestrator for AI agents Google continues its renaming streak by turning NotebookLM to Gemini Notebook 'Pretty revolting': LG's TV are getting huge backlash from users due to installing software What is a micro-retirement? Inside the latest Gen Z trend You paid me, a long-time Linux user, to use Windows 11 exclusively for a month China delivers a one-two punch to America's AI dominance Can Lenovo's World Cup AI Moment Cement Its Enterprise PC Dominance? AI Coding Tools Deliver Speed but Not Business Value Unless Wrapped in Process: China's Moonshot in Talks on Pre-IPO Funds at $50 Billion Value OpenAI and Hugging Face partner to address security incident during model evaluation AI won't fix your broken culture, but you can fix your broken culture Oracle Is Now Down 28% in a Month. Will the 52-Week Low of $132 Hold or Fold? IBM stock craters 23% after issuing second-quarter earnings warning Sheetz is quitting VMware, migrating 11,000 virtual machines Meta in Talks to Lease Computing Power to Anthropic in Potential $10 Billion Deal AWS cloud lead Dave Brown heads to Meta - report - DCD Amazon senior cloud executive departs after 18 years Meta Caps Internal AI Token Spending After Costs Approach Billions in 2026 Meta Compute Launch Sends AI Compute Stocks Tumbling Globally Agentic ransomware for automated database extortion Dark-Moon: Autonomous AI pentesting engine Sponsors Signadot: making sure AI-written code actually works. Nonsense Messi Beats Ronaldo in 2026 World Cup Password Breach Data Rankings United Airlines' new upsell: Keeping other travelers out of the middle seat Yes, you can now order DoorDash from the command line House passes bill to make daylight saving time permanent Listener Feedback Biogen hiring Associate Director, Enterprise Architecture in Triangle, NC Tim releases a font for developers whose close-up vision isn't what it used to be The Java Story | Official Trailer | Full Film Coming July 17th Conferences DevOpsDays Graz, Sept 4-5, 2026 Cloud Foundry Summit, Sept. 21st to 22nd, Heidelberg, Coté speaking. DevOpsDays Rockies, Sept. 22 – 23, 2026, Discount Code: 26DODSWEDEFTALK WeAreDevelopers NA, Sept 23-25, 2026, Discount Code: DEVPOD26 25 Free Tickets DevOpsDays Dallas, Sept 28-29, 2026 DevOpsDays Vilnius, Sep 30 - Oct 1, 2006 DevOpsDays Istanbul, Oct 24th, 2026, Coté keynoting. VMware User Group, Orlando, Oct 20-22, 2026 Cloud Native Denmark, Nov 19th, 2026, Copenhagen, Coté keynoting. SDT News & Community Join our Slack community Email the show: questions@softwaredefinedtalk.com Free stickers: Email your address to stickers@softwaredefinedtalk.com Follow us on social media: Twitter, Threads, Mastodon, LinkedIn, BlueSky Watch us on: Twitch, YouTube, Instagram, TikTok Book offer: Use code SDT for $20 off "Digital WTF" by Coté Sponsor the show Sponsor more podcasts with Failover Media Recommendations Brandon: entogo — Type a keyword. Go anywhere. 28 Years Later, The Bone Temple Matt: Vacation, not micro-retirement Coté: Wolf Hall books.

This week on Sinica, a rare treat: an in-person recording from Beijing with two dear friends who happen to be two of the very best in the business on technology and China — Samm Sacks and Paul Triolo, fresh off the exhibition floor of the World Artificial Intelligence Conference in Shanghai. We dig into Xi Jinping's first in-person WAIC appearance and his most extensive statement on AI to date, the launch of the World AI Cooperation Organization, Moonshot's release of Kimi K3, the Trump administration's reported push to shut Chinese open-weight models out of the U.S. market, the coming age of agents, the untranslatable problem of ānquán, and what to expect from the first U.S.-China AI dialogue in September.8:51 – The view from the floor: heat, humidity, robot boxing grandmas, WeChat-gated free water, and the "AI+" vibe — why WAIC 2026 felt less like an AI conference than a sector-by-sector snapshot of China's entire economy being supercharged with AI, with attendance swelling to some 200,000 tickets16:32 – Why Xi showed up: what the leader's first in-person WAIC appearance and his most extensive AI statement to date signal, and why domestic drivers matter as much as geopolitics18:01 – Chapter and verse: which phrases from the speech will be put to work in the system — "secure and orderly development" and the governance of agents, and Xi's strikingly extensive language on AI safety after China was frozen out of the Paris process22:26 – The ānquán problem: one word meaning both "safety" and "security," the three buckets of AI risk, and how China's safety community has moved from bias and deepfakes toward CBRN and loss-of-control concerns — Black Mirror versus Star Trek28:14 – Shanghai's baby: how WAIC's ownership structure differs from the CAC-run World Internet Conference in Wuzhen, Chen Jining's very visible host duties, and whether the center of gravity in AI policy is shifting to the Yangtze River Delta30:05 – WAICO: what the new World AI Cooperation Organization with its 29 founding members is actually for, Xi's concrete deliverables for the Global South — 5,000 AI training slots, regional cooperation centers, the MAZU early-warning system — and healthy skepticism about follow-through34:39 – Kimi K3: what's technically significant in Moonshot's big new model, why it's the fourth arguably frontier-class Chinese release in a single month, the two-way traffic in distillation accusations, and what it all says about the state of the frontier gap four years into export controls40:33 – Washington reacts: the reported menu of options for shutting Chinese open-weight models out of the U.S. — entity listings, a draft executive order, supply-chain security authorities — and why none of the tools actually fit the problem49:36 – Strange bedfellows: David Sacks versus the "closed lab duopoly," the FUD strategy, why some 80% of Andreessen Horowitz portfolio companies reportedly run on Chinese open models, and how gating U.S. frontier models while Chinese weights flow freely supercharges the AI sovereignty argument worldwide54:55 – The model is infrastructure, the agent is the product: the ByteDance–ZTE agentic phone, the CAC's new initiative on agent trust and interoperability, and why agents fused into operating systems upend both super-app walled gardens and China's data protection regime1:02:27 – An exegesis of kěkòng: the many meanings of "controllable," the long history of ānquán kěkòng in Chinese tech policy, and the unanswered question of who — CAC, NDRC, or somebody new — actually owns AI safety in either system1:08:54 – The road to September: what to expect from the first U.S.-China AI dialogue, why Mythos tops the Chinese grievance list, the securitization feedback loop that starves trust-and-safety advocates of resources on both sides, and why recursive self-improvement makes this feel like a last, best chancePaying It ForwardPaul nominates Tony Peng, whose Substack RecodeChinaAI offers sharp, well-written analysis of the application side of China's AI industry — part of an impressive new generation of independent China tech writers. Samm gives a shout-out to Professor Zhu Yue of Tongji University Law School, published in Science and doing pioneering work at the intersection of disability law and AI law.RecommendationsSamm: The Land and Its People by David Sedaris — laugh-out-loud funny, especially the "Enough is Enough" chapter; Transcription by Ben Lerner, a perfect small novel about fathers, sons, memory, and technology as enabler or disabler of connection; and Didion and Babitz, on Joan Didion and Eve Babitz and the 1970s California rock scene.Paul: The Party's Interests Come First by Joseph Torigian — dense but beautifully written, and essential for understanding the current Chinese leadership.Kaiser: A fiction-only summer! Stoner by John Williams, a small life told most grandly in some of the most beautiful sentence-level writing anywhere; Gilead by Marilynne Robinson, an epistolary novel dense with distilled wisdom from a dying Iowa minister; and Wang Xiaobo's The Golden Age (黄金时代) in Yan Yan's excellent new translation — bawdy, hilarious, and super Beijing-y despite its Cultural Revolution setting.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

July 21, 2026 – Singapore-based macro strategist Laurent Lequeu of The Macro Butler discusses the intensifying US-China AI race following the release of Moonshot's Kimi K3. Lequeu explains why Chinese competition threatens Western AI profitability...

Alibaba launched Qwen3.8 Max as Moonshot paused Kimi K3 signups amid demand. The Trump administration weighed a slow squeeze on Chinese AI, Hugging Face used China's GLM-5.2 after US guardrails blocked its breach forensics, and Google built a Gemini chip. Alibaba launches a 2.4T parameter Qwen3.8 Max preview that it says rivals frontier AI models and is second only to Fable 5, plans to make it "open-weight soon" (Bloomberg) The Trump administration has reportedly explored sanctions, security warnings, and executive-order requirements since 2025 to build a slow, durable squeeze on Chinese AI models instead of pursuing an outright ban (The Decoder) Ben Thompson argues the market reaction to Kimi and other Chinese models is overblown, since it's compute scarcity — not a real Chinese cost advantage — that's keeping frontier-model prices high (Stratechery) Hugging Face says it used the open-weight GLM-5.2 hosted on its own compute for breach forensics, after US frontier model safety guardrails blocked the requests (The Stack) Sources: Google is developing a specialized server chip, informally dubbed "Frozen v2", that integrates its Gemini AI model blueprint into the silicon, for 2028 (The Information) Subscribe to the ad-free feed. Learn more about your ad choices. Visit megaphone.fm/adchoices

Moonshot AI plans for IPO. Moonshot AI's Kimi K3 model outscored every AI rival except Fable 5 and GPT-5.6, triggering a semiconductor selloff. Now the company is preparing for a Hong Kong IPO at a $30 billion-plus valuation. CoinDesk's Sam Ewen hosts "CoinDesk Daily." - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at⁠⁠⁠⁠⁠⁠⁠ realfi.co⁠⁠⁠⁠⁠⁠⁠. - Ledn provides a secure and transparent way to access liquidity while maintaining your bitcoin holdings. Perfect 8 year track record of keeping clients assets safe. Don't sell your bitcoin. Get a bitcoin-backed loan. Check out your rate by using their loan calculator at⁠⁠⁠⁠⁠⁠⁠ ledn.io⁠⁠⁠⁠⁠⁠⁠ JPEG Trading is a global proprietary trading firm specializing in cryptocurrency and decentralized finance markets. From market structure and liquidity provision to quantitative trading strategies, JPEG Trading operates across the full spectrum of blockchain-based assets. Follow @jpegtrading on X to stay ahead of the latest developments in digital asset markets:⁠⁠⁠⁠⁠⁠⁠ https://x.com/jpegtrading⁠⁠⁠⁠⁠⁠⁠ - This episode was hosted by Sam Ewen. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Dan Nathan and Guy Adami break down a wild week across markets — memory stocks in freefall, Google's brutal two-day selloff, and why China's AI models are closing the gap without top-tier Nvidia chips. Micron cratered from its all-time high of $1,255 to $800 in a matter of weeks, and the DRAM ETF whipsawed right along with it. Guy and Dan dig into whether this is a routine flush or something bigger. Google sold off 10% after Gemini news broke the hyperscaler rotation narrative, and they debate whether the moat still holds given decelerating margins and ballooning capex. On the China front: DeepSeek raised $7B at a $52B valuation, Alibaba announced $50B in capex, and Moonshot's new model is narrowing the gap with US labs — all without access to Nvidia's most advanced chips. Dan and Guy also revisit the Nvidia-vs-component-suppliers margin debate, unpack Apple's surprising rally into earnings, and call the technical line in the sand on Netflix after its cash flow miss cut the stock in half. Plus: a quick check on crude, refiners hitting new highs, and what's next for energy names like Exxon and ConocoPhillips. Show Notes Google Gemini Launch Delayed as Tech Falls Short of Internal Goals (Bloomberg) Chinese Models vs. Frontier Models (The Daily Spark) China's Moonshot Unveils AI Model That Narrows Gap With US Firms (Bloomberg) —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.