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From building Applied Intuition from YC-era autonomy tooling into a $15B physical AI company, Qasar Younis and Peter Ludwig have spent the last decade living through the full arc of autonomy: from simulation and data infrastructure for robotaxi companies, to operating systems for safety-critical machines, to deploying AI onto cars, trucks, mining equipment, construction vehicles, agriculture, defense systems, and driverless L4 trucks running in Japan today. They join us to explain why “physical AI” is not just LLMs on wheels, why the real bottleneck is no longer model intelligence but deployment onto constrained hardware, and why the future of autonomy may look less like one-off demos and more like Android for every moving machine.We discuss:* Applied Intuition's mission: building physical AI for a safer, more prosperous world, powering cars, trucks, construction and mining equipment, agriculture, defense, and other moving machines* Why physical AI is different from screen-based AI: learned systems can make mistakes in chat or coding, but safety-critical machines like driverless trucks, autonomous vehicles, and robots need much higher reliability* The evolution from autonomy tooling to a broad physical AI platform: starting with simulation and data infrastructure for robotaxi companies, then expanding into 30+ products across simulation, operating systems, autonomy, and AI models* Why tooling companies came back into fashion: Qasar on why developer tooling looked unfashionable in 2016, why Applied Intuition still bet on it, and how the AI boom made workflows and tools central again* The three core buckets of Applied Intuition's technology: simulation and RL infrastructure, true operating systems for vehicles and machines, and fundamental AI models for autonomy and world understanding* Why vehicles need a real AI operating system: real-time control, sensor streaming, latency, memory management, fail-safes, reliable updates, and why “bricking a car” is much worse than bricking an iPad* Physical machines as “phones before Android and iOS”: Peter explains why today's vehicle and machine software stack is fragmented across many operating systems, and why Applied Intuition wants to consolidate the platform layer* Coding agents inside Applied Intuition: Cursor, Claude Code, internal adoption leaderboards, and how AI tools are changing engineering workflows even in embedded systems and safety-critical software* Verification and validation for physical AI: why evals get harder as models improve, how end-to-end autonomy changes simulation requirements, and why neural simulation has to be fast and cheap enough to make RL practical* From deterministic tests to statistical safety: why autonomy validation is shifting from binary pass/fail requirements toward “how many nines” of reliability and mean time between failures* Cruise, Waymo, and public trust: Qasar and Peter discuss why autonomy failures are not just technical issues, how companies interact with regulators, and why Waymo is setting a high bar for the industry* Simulation vs. reality: why no simulator perfectly represents the real world, how sim-to-real validation works, and why real-world testing will never disappear* World models for physical AI: hydroplaning, construction equipment, visual cues, cause-and-effect learning, and where world models help versus where they are not enough* Onboard vs. offboard AI: why data-center models can be huge and slow, but onboard vehicle models need millisecond-level latency, low power, small size, and distillation-like efficiency* Why physical AI is not constrained by model intelligence alone: the hard part is deploying models onto real hardware, under safety, latency, power, cost, and reliability constraints* Legacy autonomy vs. intelligent autonomy: RTK GPS in mining and agriculture, why hand-coded path-following worked for decades, and why modern systems need perception and dynamic intelligence* Planning for physical systems: how “plan mode” applies to robotaxis, mining, defense, and multi-step physical tasks where actions change the state of the world* Why robotics demos are not production: the brittle last 1%, humanoid reliability, DARPA Grand Challenge-style prize policy, and the advanced engineering gap between research and deployment* Applied Intuition's hard-earned lessons: after nearly a decade, Peter says they can look at a robotics demo and predict the next 20 problems the company will hit* Qasar's advice to founders: constrain the commercial problem, avoid copying mature-company strategies too early, and remember that compounding technology only matters if you survive long enough to see it compound* Why 2014 YC advice may not apply in 2026: capital markets, AI company dynamics, and the difference between building in stealth with a deep network versus building as a new founder today* What Applied is hiring for: operating systems, autonomy, dev tooling, model performance, evals, safety-critical systems, hardware/software boundaries, and engineers with deep curiosity about how things workApplied Intuition:* YouTube: https://www.youtube.com/@AppliedIntuitionInc* X: https://x.com/AppliedInt* LinkedIn: https://www.linkedin.com/company/applied-intuition-incQasar Younis:* X: https://x.com/qasar* LinkedIn: https://www.linkedin.com/in/qasar/Peter Ludwig:* LinkedIn: https://www.linkedin.com/in/peterwludwig/Timestamps00:00:00 Introduction: Applied Intuition, Physical AI, and 10 Years of Building00:01:37 Physical AI vs. Screen AI: Why Safety-Critical Changes Everything00:02:51 The Origin Story: Tooling, YC, and the Scale AI Comparison00:05:41 The Three Buckets: Simulation, Operating Systems, and Autonomy Models00:11:10 Hardware, Sensors, and the LiDAR Question00:14:26 The Operating System Layer: Why Vehicles Are Like Pre-Android Phones00:19:13 Customers, Licensing, and the Better-Together Stack00:21:19 AI Coding Adoption: Cursor, Claude Code, and the Bimodal Engineer00:26:41 Verifiable Rewards, Evals, and Neural Simulation00:31:04 Statistical Validation, Regulators, and the Cruise Lesson00:40:25 World Models, Hydroplaning, and Cause-Effect Learning00:43:34 Onboard vs. Offboard: Latency, Embedded ML, and Distillation00:50:57 Plan Mode for Physical Systems and Next-Token Prediction Universally00:53:04 Productionization: The 20 Problems Every Robotics Demo Will Hit00:58:00 Founder Advice: Constraints, Compounding Tech, and Mature-Company Mimicry01:05:41 Hiring Philosophy: Hardware/Software Boundary and Engineering Mindset01:08:50 General Motors Institute, Education, and the Curiosity MindsetTranscriptIntroduction: Applied Intuition, Physical AI, and 10 Years of BuildingAlessio [00:00:00]: Hey everyone, welcome to the Latent Space Podcast. This is Alessio, founder of Kernel Labs, and I'm joined by Swyx, editor of Latent Space.Swyx [00:00:10]: And today we're very honored to have the founders of Applied Intuition, Qasar and Peter. Welcome.Qasar [00:00:17]: You guys really know how to turn it on to podcast mode. That was, you guys are real pros at this.Qasar [00:00:23]: They were just joking around right before this, and then they flipped it pretty quick.Alessio [00:00:29]: Oh, yeah, it's good to have you guys. Maybe you just wanna introduce yourself so people know the voice on the mic and they'll know what they're hearing.Peter [00:00:33]: Oh, sure. Yeah, I'm Peter Ludwig. I'm the co-founder and CTO of Applied Intuition.Qasar [00:00:38]: And my name is Qasar Younis. I am the CEO and co-founder with Peter.Alessio [00:00:42]: Nice. Can you guys give the high-level overview of what Applied Intuition is? And I was reading through some of the Congress files, when you went out there, Peter, and eighteen of the top twenty global non-Chinese automakers, you two guys, you have customers in agriculture, defense, construction. I think most people have heard of Applied Intuition tied to YC when it was first started, and then you were kinda in stealth for a long time, so maybe just give people the high-level overview of what it is today, and then we'll dive into the different pieces.Peter [00:01:10]: Yeah. So at Applied Intuition, our mission is to build physical AI for a safer, more prosperous world. And so we work on physical AI for all different types of moving systems, everything from cars to trucks to construction and mining equipment, to defense technologies. And we're a true technology company, so we build and sell the technology, and we sell it to the companies that make the machines. We sell it to the government, really anyone that wants to buy a technology to make machines smart.Physical AI vs. Screen AI: Why Safety-Critical Changes EverythingQasar [00:01:38]: Yeah. And I think in the broader AI landscape, a lot of the focus, rightfully so in the last, three years has been on large language models, and so everything fits in a screen. Like, whether it's code complete products or things like that. And what's different about us is we're deploying intelligence onto a lot of things that don't have screens. they're physical machines. There are sometimes screens within the cabin or for example of a car or a truck or something like that, but most of the value we provide is putting intelligence that is in safety critical environments. So that those two words are really important because learn systems can make mistakes if you're asking for, like, some, so something like, “Tell me about these podcast hostsQasar [00:02:28]: that I'm about to go meet.” But you can't do that obviously when you run, like, as an example, we run driverless trucks in Japan right now, as we speak. We can't have errors. Those are L4 trucks. Yeah.Alessio [00:02:40]: Yeah. Was that always the mission? I remember initially, I think people put you and Scale AI very similarly for some things about being kinda like on the data infrastructure side of things. What was the evolution of the company?The Origin Story: Tooling, YC, and the Scale AI ComparisonPeter [00:02:51]: Well, from the very beginning, we always wanted to, really be a technology company that helped generally push forward the industrial sector. And so we started off working in autonomy. Our very first customers were robotaxi companies. And we started off doing a lot of work in simulation and data infrastructure. And then over the years, we've expanded our portfolios. Now we have, over thirty products, and it's a pretty broad technology play within the landscape of physical AI.Qasar [00:03:19]: Yeah, I think the Scale reason is because we're all YC Universe companies. But it was a very different company. Scale, was, is more of a services company, data labeling company fundamentally. We started and still are, do a lot of tooling. So like, you think developer tooling is now in vogue again, thanks to the AI boom. But honestly, ten years ago, it was out of vogue. It w Like, doing a tooling company in 2016, 2017 was not, like, the thing to do because, I don't know if you remember, the VCs generally, their views was that toolings are They're just workflows, and workflows ultimately are not really interesting. And we've gone and come, full circle with that. But when we started the company, our kind of it's kinda like in the periphery of what the company wants to be. It was like, from our earliest days, like, we wanna deploy software on physical machines, like on cars and on trucks and things like that. And obviously, we didn't know that the transformer boom was gonna happen. We didn't know that autonomy systems would become end-to-end. Those things we didn't know. And why that's important when autonomy systems become end-to-end, it is just now those models can be generalized to, multiple form factors. And so back nine, ten years ago, tooling was a great way, and still is a great way to, build the technology and sell technology to our end customers, a lot of them who wanna build this stuff themselves. And so we just offer like a spectrum of solutions from you can just use like one part of a development suite of tools all the way to buying the full thing. The way to think about the company, or at least the way we think about the company is, as Peter said, a technology provider. It's kinda like, what NVIDIA does or what an AMD, but we just don't do chips.Qasar [00:05:06]: We don't do silicon. But we're a technology provider fundamentally. And I think even, we used to joke when we started the company, like, we're not the guys to build, like, Instagram. Like that was just towards That's not our That's just not us in a most fundamental way. IAlessio [00:05:20]: You have thoughts.Qasar [00:05:21]: Yes.Qasar [00:05:22]: Well, it's, it's I mean, I think it's just like what And I mean, we worked on Maps and stuff, Google Maps. Consumer products are extremely difficult for a lot of different reasons. It just, I think doesn't scratch the itch. I think we're like Michigan guys who are kind of more of that traditional engineering kind of a realm, or lineage. we used to jokeThe Three Buckets: Simulation, Operating Systems, and Autonomy ModelsPeter [00:05:41]: I gotta say, though, what was clear ten years ago was that there was so much more that was possible with software and AI in vehiclesPeter [00:05:47]: and that was generally the space that we started in ten years ago.Peter [00:05:51]: And the precise path that we've taken over the years, I think we've been strategic, and we've adjusted to make sure that we're actually building stuff that's valuable to the market. And like, the technology has changed so much. Like our own technology stack has completely changed, I would say, roughly every two years. And so now we've probably done, let's say, four complete evolutions of our own technology stack. And I sort of see that cadence roughly keeping up.Peter [00:06:13]: And so the way even we think about engineering is almost on this two-year horizon, we're preparing ourselves that, hey, like, we wanna invest the appropriate amount, but then also be very dynamic as the research gets published and as our research team figures out new advancements and adapting to that.Qasar [00:06:27]: Yeah. One thing that has been consistent is the type of people we've, we've recruited. It's engineers who are fall into the sometimes very traditional, like, GoogleQasar [00:06:38]: -gen suite, but way different from, other companies. We are hiring folks who really know the intersection of hardware and software, who know really low-level systems. Obviously, traditional ML researchers and folks who've, actually, put ML systems into production. That's been pretty consistent. I think that, like, you look at the mix of our engineering, eighty-three percent of the company is engineering, so it's, like, a giant list.Qasar [00:07:05]: A lot of engineers.Alessio [00:07:06]: Which, by the way, a thousand engineersQasar [00:07:07]: Yeah. A thousand engineers.Alessio [00:07:08]: that's on your website, so I imagine it's up to date.Qasar [00:07:11]: It is, it is up to date, yes. Yes.Alessio [00:07:12]: okay. And then forty-plus founders.Qasar [00:07:15]: Yeah. We would tend to also, This was more luck than strategy. But we've recruited a lot of ex-founders. It's been a great place for founders, YC and non, ‘cause obviously I know a lot of the YC folks. It's kind of like we recruit a lot of Google people.Qasar [00:07:33]: For them to exercise both their technical and non-technical skills because, we're, we're, we're on the applied side. We have a research team that we do fundamental research, we publish, and we've, we've had great traction there. But fundamentally, the business wants to take this intelligence and deploy it into production and there's, like, a certain type of person that's more interested in that.Alessio [00:07:54]: Yeah. You mentioned the tech stack, Peter, so I just wanted to give you some rein to just go into it. I'm interested in where Wayve Nutrition, starts and ends in some sense, what won't you do? What, do you do that's common among all the verticals that you cover?Peter [00:08:10]: There's a few buckets of work that we do, and we've been at this for almost ten years now, so the technology's pretty broad. But we got startedQasar [00:08:17]: Yeah, with a thousand engineers, like, you could work on lots of things.Peter [00:08:19]: There's lots of stuff, yeah, espe-especially with AI tools to help.Peter [00:08:22]: So we got our start in simulation and simulation tooling and infrastructure. And so generally, if you're trying to build a very complex software system that involves moving machines, you need to test that, and the best way to test it is it's a combination of virtual developments, a simulation, and then also obviously real world testing.Peter [00:08:39]: And then there's a very careful process of that correlation between the simulation results and the real world results and ensuring that the simulator is in fact accurate to that. Simulation's a very deep topic.Peter [00:08:49]: We have a whole suite of products in that, and we could talk for many hours about that specifically. But that is one part of what we do as a company. Reinforcement learning as a subpart of that is also super critical. I think a lot of the a lot of the best advancements happening in a lot of these AI systems right now in some way relate to reinforcement learning, and with now we have lots of compute, and you can do tons of interesting things for reinforcement learning. The second bucket of work that we do is on operating systems technology. true operating systems. Like, think about, schedulers and memory management and middleware and message passing and highly reliable networking and data links. Like, the reality is, if you want to deploy AI onto vehicles, you need a really good operating system. And when we were getting deeper into that space, there wasn't really anything that we were happy with.Peter [00:09:39]: Like, things existed, absolutely, and we were using what was available in the market, and as an engineering organization, we roughly realized these things aren't great. We think we can do this better, and so let's, let's build something. And that was then the that was the moment of inspiration that started our operating systems business, which is now a very real business for us. And in order to write and run great AI, you need a great operating system, and so that-that's what got us into that. And then the third bucket that we work on, it's, it's true fundamental AI technology. Models, we do a lot of work in, as mentioned, the foundational research, but then the also the world models and the actual autonomy models that are running on these physical machines, and that's across cars, trucks, mining, construction, agriculture, and defense, and so that's both land, air, and sea.Qasar [00:10:31]: And also, a smaller subsector of that third bucket is the interaction of humans with those machines.Qasar [00:10:38]: So that's a multimodal, experience. Historically, if you're moving a dirt mover or any of these machines, there are, like, buttons you press, whether they're actual physical tactile buttons or something like a touch screen. That's just That fundamentally is changing to where you're just talking to the machine and the machine and you're teaming with the machine.Alessio [00:10:58]: Voice?Qasar [00:10:59]: Yeah, voice, absolutely, yeah.Alessio [00:11:00]: Oh.Qasar [00:11:00]: And also the machine just being aware of who is in the cabin, what their state is. you can think from a safety systems perspective, the most simple version of this is, like, the driver is tired, right? They're, they're if you get those alerts when you're driving your car and saysHardware, Sensors, and the LiDAR QuestionQasar [00:11:15]: -maybe take a coffee break, that take that times, a couple of order of magnitudes up. But this concept of teaming man and machine is important. When you think about running agents or just running, different instances of, Claude and doing work for you in the background, you can take that analogy out, almost copy and paste and put it into, like, a farm, where you have a farmer who's running a number of machines. So where they interact with the machine is where there's maybe a critical decision or a disengagement or something like that, but generally speaking, the agent on the physical machine is running and making decisions on the behalf of the farmer until there's something maybe critical. And that's also what we work on. So that's not pure autonomy. It's a little bit of a mix, but it falls under, autonomy. In the automotive sense, that's typically defined in SAE levels as an L2++ systemQasar [00:12:05]: -with a human in the loop. But just take that idea, to other verticals.Alessio [00:12:09]: Yeah. You've not mentioned hardware at all, like sensors or obviously we you mentioned you don't do chips. I think even in AV there's, like, a big, cameras versus lidars. Like, what are, like, in your space maybe some of those design decisions that you made, and are they driven by the OEM's ability to put things on the machinery? And like, how much influence do you guys have on co-designing those?Peter [00:12:32]: Yeah. So we don't make sensors. Like, we're, we're not a manufacturer. Obviously, we use a lot of sensors in our autonomy products. in terms of what actually goes on the vehicles, we have a preferred set of sensors that we, let's say fully support, and then our customers, they can sort of choose from those. And obviously if there's a very strong opinion on supporting something else, we'll add that to the platform as well. And the lidar question is at this point sort of the age-old,Peter [00:12:59]: topic in autonomy, and the state of the industry right now is lidar is hands down a useful sensor, specifically for data collection and the R&D phase of autonomy development. if you see, for example, a Tesla R&D vehicle, it actually has lidar on itPeter [00:13:17]: to this day, right? In the Bay Area we see these. you'll see, like, Model Ys or Cybercab that have lidars on them just driving around. So it's, it's useful because it gives you per pixel depth information. So if you can pair a lidar with a camerand you can say that, well, this camera's looking this direction, this lidar's looking this direction, and now for each pixel of the camera I can see how far away is that pixel. you can actually then use that as a part of your model training, and then the that depth information then becomes a learned, a learned state of the camera data. And then when you're doing the production system, you can now remove the lidarPeter [00:13:52]: and now you can actually get depth with just the camera. And so that difference between, like, a highly sensored R&D vehicle and then the down-costed production vehicle, we use that across our whole portfolio of products. And of course the end goal is you want super low cost and super reliable.Peter [00:14:08]: And then in certain use cases you have some more, bespoke things. Like in defense as an example, you do things at night oftentimes, and so you care about sensors like infrared, more so than And you don't, you don't wanna be putting energy out, so you don't wanna use lidar or radar.Peter [00:14:23]: but you still need to be able to see at nighttime. So yeah, we work the whole gamut.The Operating System Layer: Why Vehicles Are Like Pre-Android PhonesAlessio [00:14:27]: Cool. So that's kinda like on the hardware level. Then on the OS level, how does that look like? What is, like, unique? my drive- I drive a Tesla. Whenever I drive some other car that has a screen, it always sucks.Alessio [00:14:38]: It's on, like, cheap Android tablet. It's like, it's laggy and all of that. What does the OS of, like, the autonomy future look like?Peter [00:14:46]: When most people, it's really what you just described. When you think about operating system in a vehicle, you're thinking about the HMI, right? The human machine interface, and absolutely that's a an important part of it, but that's actually only one thin layer on top. So when we talk about operating systems for, like, AI in vehicles, there's many layers that go deep into the CPU critical realm and embedded systems, and you're talking about the real time control ofPeter [00:15:13]: let's say the electric motors or the engine and the actuators, and you have different redundancies for different, let's say, the steering actuation in the vehicle. And all of these things, need very core support in the in the operating system. And then of course for autonomy you have real time sensor data that's streaming in, and the latencies there are really important, right? If you try to Imagine you try to run Microsoft WindowsPeter [00:15:35]: like streaming your sensor data in or controlling the vehicle. Like, the latencies are gonna be absurd. Like, you can never do that. And so what's special about what we do is we really have this system level thinking, right? So we're looking at, we care about every performance characteristics of the entire system, and then we also, because we're doing a lot of the software or all of that software, we can fine-tune and control all of those things. So we can very carefully tune in the latencies for every aspect of the system. We can carefully tune in the memory management. We can have the right, fail-safes and fallbacks, for different things. ‘Cause you have to account for what if, what if there is a critical failure? What if there's a cosmic ray that flipsPeter [00:16:14]: a bit in the middle of the processor that causes some, malfunction? And you have to have a fail-safe to all of that, and so the core operating system is a part of that. And then the one last thing, which is a lot less exciting but is, actually a very big topic, is reliability of updates.Peter [00:16:30]: so the I have a Tesla and you get updates fairly frequently, right?Peter [00:16:36]: Once a month. Most companies that are making vehiclesPeter [00:16:40]: are basically never doing updates, and they're And even if they are doing updates, they're usually only updating maybe one module. Maybe they're updating the HMI module. But they're not able to update, let's say, the CPU critical parts of the system.Peter [00:16:51]: You have to go into the dealer for that. And so with our operating system now we can actually enable highly reliable updates of any system in the vehicle, and that's way easier said than done. Like, there's lots of technical, technically deep stuff, in the tech stack to do that in a way that you're not going to accidentally brick a vehicle.Peter [00:17:08]: And right? If, imagine yourAlessio [00:17:10]: That would be bad.Alessio [00:17:11]: Bad.Peter [00:17:11]: Bricking a car is a very expensivePeter [00:17:13]: and honestly, like across the industry maybe one of the most just pure impactful things that we've done is we've just, we're, we're now enabling the industry to actually do software updates.Alessio [00:17:22]: Just to clarify as well, who is the customer for this? Like, I assume a lot of hardware manufacturers have their own firmware, and I'm sure some of them would just have you write it for them because you're experts. And others would have their own. Like, who pays for this? Who invites you into the house? Is it, is it the end user, or is it, is it the manufacturer?Peter [00:17:41]: Yeah. So let me make an analogy firstly on the on the fragmentation of software. So physical machines today are more akin to the state of the phone market before Android and iOS existed, right? So I worked on Android at Google by the way many years ago, and part of the reason that Larry at Google decided to get into Android was they wanted to run Google products on a bunch of phones, and they bought all of these phones from the industry, and it turned out they had like 50 different operating systems on these phones. And it was virtually impossiblePeter [00:18:17]: for Google to make their app run on all 50 devices equally well. And so the solution was, well, actually what if, what if they created-A really great operating system and made it attractive to all of these phone makers, and that was sort of the genesis for what Android was and why Android existed. It was a way for Google to get their products onto really wide diversity of devices. The state of the physical, industry right now, it's a little bit like that. Like, there's yes, these companies have firmware, but they have so many different operating systems, it's so fragmented, and to actually get a modern AI application to run on these vehicles, you actually, you first have to consolidate the operating system, and so that's, that's why we've done that. And then, your specific question was who are our customers? It's, it's, generally it's the companies that are making these machines.Peter [00:19:06]: And we're, we're, we're selling our technology to them to really simplify the architecture and then enable these AI applications to run on them.Customers, Licensing, and the Better-Together StackSwyx [00:19:13]: How much is reusable across? Like, do you have, like, one OS that is just configured for everything, or is there some more customization that is needed?Peter [00:19:22]: Yeah, highly reusable. So the fundamental technology is quite universal, right? So things that we do have to think about though are, like, chipset support. And so if you're, if you're coding, let's say, an LLM and you have start with an assumption that, “Hey, oh, I'm gonna, I'm gonna use CUDA, and I'm gonna run this, on an NVIDIA chip,” then you don't really have to think about the hardware in that sense. Like, you're just, “Okay, I'm just I'm in the CUDA/NVIDIA ecosystem, and I'm, I'm going to use that.” But the hardware, especially in safety critical systems, it's a lot more diverse. There's not one or one or two players. There's a bunch of different chipsets that we have to support. And so our operating system doesn't just run on, like, the equivalent of X86. It has to, it has to run on a number of different architectures from chips from a bunch of different companies. But again, we've been working on this for a long time now, so we have, we have support for all of those chipsets. And then when you want to then run the AI applications, we can then do that reliably across now a variety of providers.Qasar [00:20:19]: And I think that is, like, heavily inspired by Android, right? Android has a huge suite of testing and it's a reliable operating system that runs on thousands of devices. And we think we can, we can do the same in all these physical moving machines, with the difference that we're really in a safety critical realm. Android isn't.Alessio [00:20:40]: So on Android, I don't need to use Gmail, I can use Superhuman. Like, what about your machinery? Like, can people bring somebody else's automation to it, or is it kinda like all-in-one?Qasar [00:20:50]: You have to use us. No. Yeah. we're If, Yeah. Yeah, it's totally open. Yeah.Peter [00:20:56]: Yeah. our philosophy is that we are a technology company, and so we license our technology to customers to use how they want. And so if a customer wants to If they wanna license our autonomy tech and our operating system, then great, we'll license those. If they just wanna license the operating system and then use different autonomy tech, that's fine also, and we have great documentation andSwyx [00:21:17]: Or if they wanna use developer tooling.Peter [00:21:18]: Yeah, exactly.AI Coding Adoption: Cursor, Claude Code, and the Bimodal EngineerSwyx [00:21:19]: It's, like, a better together if, obviously, if you, if they work together. Is it all C++ I assume is with different compile targets?Peter [00:21:27]: We use a lot of C++.Peter [00:21:28]: Rust is sort of a hot, the new hot kid on the blockPeter [00:21:32]: for a bunch of things as well. But yeah, the lower level you get, especially when you get to real-time constraints, you hit C++ at some point, and at some point maybe you work your way into assembly when needed.Swyx [00:21:44]: Oh, damn.Alessio [00:21:46]: I'm curious about the coding agent adoption, just, like, since you're mentioning more esoteric languages. Like, what's the adoption internally? What have you learned?Peter [00:21:55]: Yeah. We use everything. So Cursor was, I think the hottest tool in the company for a good while. Now Claude Code, I think has taken the reign on that. We have a internal leader, leaderboard that we use just to sort of encourage adoptionPeter [00:22:09]: with-within the company. And yeah, it's, they're phenomenally useful. it's, Honestly, we take inspiration from some of those tools also in how we're adapting some of that mindset of thinking to the physical realm. Like if it's so easy to build an app for this or that thing that lives just on a screen, we can We're taking now a lot of the same ideas and applying that to, “Okay, well, if you wanted a physical machine to do something, how easy can we make that, using our own tooling and platform as well?”Alessio [00:22:40]: Are you changing any of, like, the OS architecture, kinda like the way you expose services to, like, be more AI friendly or?Peter [00:22:48]: Yeah, absolutely. The in the early days of our tools infrastructure work, it was a lot about, You had engineers that were experts in certain topics, but the things that you're dealing with, they're oftentimes more mathematical or more abstract, where actually GUI tools are very useful for certain things. Like as an example, we have a product we call Sensor Studio, which is, it helps you design the sensor suite for your autonomous vehicle, whether, again, it could be a car, it could be a drone, could be a mining equipment, could be a robot. And you place sensors in different places. You There's different, There's a library. You can understand what are the trade-offs that you're making in the design of that system, and that was, like, a very, a very GUI intensive, thing ‘cause it's a little more like a CAD tool in that senseSwyx [00:23:37]: YepPeter [00:23:37]: if you've seen CAD tools. Nowadays, though, right, we expose all of the underlying APIs for that and now using, AI agents, you can actually configure a sensor suite with just text and likely reach a better result than you could've through the GUI in the past, and we're taking that thinking now through the whole product portfolio.Swyx [00:23:57]: Another thing I was thinking about is just in terms of, like, AI, adoption, does it change your hiring at least a little bit, or how do you, how do you sort of manage engineers, differently?Peter [00:24:08]: Yeah. absolutely, it does. we, I think like every company in the Valley right now, are evolving our hiring practicesPeter [00:24:16]: because the skills required to be effective are changing so fast, right? you used to really select for just rote implementation ability and now it is more the AI engineer skill set, right? Where it's like, yeah, how to implement, but actually-Just banging out code is no longer the core job, right? It's, it's actually knowing what questions to ask, knowing how to tie, how to tie together these different AI tools. And so the interviews that we give now I think are way harder than they've ever been.Peter [00:24:46]: But we also allow, right, selective use of AI tools to solve the problems. And I think in that you start to see more of a bimodal distribution of engineers, right? You start to see like wow, there's, there's this subset of people that they really get it. Like they're, they're all in and they've, they've clearly invested the hours needed to learn these tools and how to be effective.Peter [00:25:09]: And then there's sort of the group of people that haven't done that, and that the productivity gap is just enormous. And so we're, we're trying to obviously select for the people that are really into this.Qasar [00:25:20]: I first wrote the my AI engineer piece three years ago, and when I first wrote about it, I was like, “Actually, not everyone should be an AI engineer,” ‘cause I think there's a there's an extremist stance where well, every software is an engineer is an AI engineer. And my actual example of people who should not be adopting AI was embedded systems and operating systems, and database people. Are they adopting AI?Peter [00:25:41]: I think it's the classic bitter lesson, topic, which is the Six months ago I would've said the same thing, but it's, it's becoming super useful for every domain.Qasar [00:25:53]: I'm sure.Peter [00:25:54]: Right? Like,Peter [00:25:56]: there was, I think six months ago, or maybe a year ago, if you tried to use, let's say the latest Claude model for writing shaders, GPU shaders, the results were probably underwhelming. And if you use the latest model now to do that kind of task, you're a little bit blown away, like, “Wow, that actually worked. That's amazing.” And we see the same thing in the embedded realm. No question though, especially when you get into safety critical systems, the human validation isPeter [00:26:25]: is 100% key. Like I You're not gonna trust your life to a an AI written software that's, that's not been very carefully, checked by humans. And so I think now the really the challenge is about that appropriate level of human validation for these safety critical systems.Verifiable Rewards, Evals, and Neural SimulationAlessio [00:26:41]: How do you think about, yeah, touching on the simulation side, I think verifiable reward and reinforcement learning is, like, the hottest thing. What have you done internally to build around that? And like, what gives you What makes you sleep at night? Like, if somebody's like, just web coding something or likeAlessio [00:26:57]: wants to try something new, you have like a good enough system. Because I think the opposite is also true, is like if it's super easy to write anythingAlessio [00:27:04]: then it puts a lot of work on like the verifiableAlessio [00:27:07]: side of it. Like, what does that look like for people?Peter [00:27:10]: Yeah. So verifiability, a broader bucket of like evaluations, right? Like how do you evaluate the results that you're, you're getting? I think this is probably the hardest problem right now, because the As the models get better, it can be harder and harder to find the faults on the system.Peter [00:27:29]: And so like the problem of doing proper eval to find those faults, like that problem also keeps getting harder as the models get better. But it's no less important than it's ever been, right? You still there are still going to be edge cases that are not met and whatnot. And so it's, it's a big area of investment for us. On the reinforcement learning topic, the key thing is there's all these new requirements that come to be in the latest generation of these technologies. So for example, end-to-end is the big thing right now in autonomy and physical AI, which is you can now train these models that can effectively take sensor data in and then put control signals out, and get really good results out of that. But the way that you train and improve those models is really different from the previous generations. And so to do reinforcement learning on an end-to-end model, you now need to actually simulate all the sensor data, right? So then this becomes a we call our, work in this neural simulation, but it'sPeter [00:28:26]: think of it like a hybrid of Gaussian, splatting and diffusion methods, and where you really care about performance. Like performance is everything. If you can't do enough simulation fast enough and cheap enough, you actually can't get results that are worthwhile, in the end. It also gets to a lot of our work in embedded systems, which is like performance critical work, and that performance optimization, performance criticality, it carries over to a lot of the model training work. because, like, the only way to make it affordable is it has to be really fast.Qasar [00:28:58]: I think it's worth a few minutes talking about our own, evolving thoughts on verification and validation withinQasar [00:29:05]: kind of, traditional simulators, which are, you can think of like vehicle dynamics or something like that, which you're just taking textbooks and taking those formulasQasar [00:29:13]: and putting them into software, to like now this neural sim/world model universe. I think that's an interesting topic.Peter [00:29:20]: Yeah. So in more traditional development, right, you oftentimes would have, more black-and-white answers to questions.Peter [00:29:28]: And so the in Europe as an example, there's, a regulatory, system, it's called Euro NCAP. It's the European New Car Assessment Program, and as part of that, the vehicles have to pass a bunch of tests, and those tests actually, include, safety systems. So automatic emergency braking for a child that runs in front of a carPeter [00:29:51]: or let's say an occluded child that runs out and you hit it. And so you have You end up with sort of these binary answers of like, well, did the car under test pass this specific test? And there's a very well-known set of test casesPeter [00:30:05]: that the vehicle has to pass. And that was how the industry worked, let's say, until 10-ish years ago. But what's changed now is with these models, everything is statistics, right? Like you no longer have a black-and-white answer, but it's like, well, how many orders of magnitude or how many nines of reliability can I get in the system, and how can I, how can I prove that to be true? And the big unlock honestly for physical AI as an industry is that these models are just becoming much more reliable. Right? Things like things actually work a lot better. It's like the number of nines you can get out of these systems are now good enough that it actually becomes cost effective to really deploy these things. And so the big shift in, so verification and validation has been from a little bit more of a Again the past it was strictly requirements, and are you meeting or not? And now it's more of a statistical, verification and validation case where it's all about how many nines of reliability and meantime between failures, that sort of thing.Statistical Validation, Regulators, and the Cruise LessonSwyx [00:31:04]: And is the target audience regulators or even the customers are yeah, if you I imagine the customers are bought in, and it's mostly regulators that need to be satisfied.Peter [00:31:15]: We do work with the US government, we do work of course with the European governments and the government of Japan, and the government is not like an AI lab by any means.Peter [00:31:25]: So Swyx [00:31:26]: They just care about the outcome.Peter [00:31:27]: They care about the outcome.Peter [00:31:28]: And so we do education, in that regard, and like so sort of teaching about, “Hey, this is how we think validation should be done, and this is an approach that we think is reasonable,” and how to think about like when is a driverless system actually safe enough to go on the roads and that sort of thing. But I wouldn't say that the government is asking for it. It's like we're more teaching the government in that, in that sense. It's honestly, it's more so for our own, our own comfort, right? Like, we want to build very safe systems, and then of course our customers care deeply about that as well. But in that context we're also typically educating our customers.Qasar [00:32:01]: Yeah. Our first, our first core value is on round safety. So I think we can't underline enough that, us also verifying and validating that the systems that we're deploying are safe to us is probably as important as, like, some regulator or a customer saying,Swyx [00:32:19]: Of course. Okay. Yeah.Swyx [00:32:20]: You have to satisfy yourselves.Peter [00:32:22]: As I say, as a whole across the world, regulation oftentimes it's like a almost lowest common denominator. But like, you really have to substantially exceed what the regulators are expecting to make good products.Swyx [00:32:33]: Yeah. One thing I often talk about, I think and I try to make this relatable to the audience also, is Cruise, where they had an accident that basically ended the company. I wonder if people overreact to single incidents, because incidents are going to happen regardless, right? ‘Cause it's a statistical thing, but as long I don't know if regulators understand that, you cannot extrapolate from a single incident, but we do because that's all we have to go on. And your sample sizes are necessarily gonna be lower than, I don't knowSwyx [00:33:00]: consumer driving.Qasar [00:33:01]: Yeah. I think the Cruise example wasn't a technology failure. there was The real, compounding issue there was just how did the company talk to the regulators and what was their kind of behavior, and I think that became more of the issue. If you look,Peter [00:33:19]: It isn't It definitely was a technology failure, but it was made much worse by theSwyx [00:33:23]: Put the car back on the woman.Qasar [00:33:25]: Yeah. And let me put it another way. There is a version where Cruise still exists.Swyx [00:33:29]: right. Right.Qasar [00:33:30]: Right. It'sSwyx [00:33:30]: It was like the last strawQasar [00:33:31]: ItSwyx [00:33:31]: in like a long chain ofSwyx [00:33:33]: like issues.Qasar [00:33:33]: So do you feel like ATG had that horrific accident or someone actually dying, because, that was a homeless person crossing the street? So yeah, I think we can't understate enough that ultimately, like, statistical validation of something, that's one part of it, but it's not the only part of it. Like, consumer and let's say, mainstream adoption of these technologies is also gonna be part of that conversation. I think companies like Waymo are doing a lot of service positively to the industry in the sense of they're, they're setting a high benchmark and they're showing, kind of in a very responsible way how to, how to deal with these. There have been Waymo incidences as well. They've just not been as significant as the Cruise one that you mentioned. But yeah, so I think you'll just continue to see that. I think probably the long term question is really gonna be, again, around Like it is very clear humans are way worse drivers statistically.Qasar [00:34:29]: Like, there's no, there's no debate. And so at what point But we're emotional animals.Swyx [00:34:34]: Yeah. So my thing is, like, we have to get to a point as a society where we accept horrific accidents that would never happen by a human because statistically we understand that it is safer overall. In the same way that planes, they're safer, than I think they're the safest mode of transport that we have.Qasar [00:34:50]: Yeah. it's more dangerous to drive to the airport than it is to get on a flight.Qasar [00:34:53]: So if you're everQasar [00:34:54]: if you're ever getting nervous about getting on a plane, just think “I just gotta get to the airport.”Swyx [00:34:58]: Yes, we're flying.Qasar [00:34:59]: If I get to the airportQasar [00:35:00]: I'll be good.Swyx [00:35:00]: But then it's, planes also concentrate the tail risk if planesQasar [00:35:03]: Yeah. AndPeter [00:35:04]: And I was, I don't think we honestly have to worry about there ever being, accidents from these systems that are like much worse than what humans would cause, ‘cause humans do terrible things.Peter [00:35:14]: Like, people fall asleep at the wheel all the time.Swyx [00:35:16]: I have.Swyx [00:35:17]: Like, I'll call, I've been a drowsy driver.Peter [00:35:19]: Kinda drunk drivers, and that'sPeter [00:35:20]: that's the extreme end of the example. But these AI systems, you have redundancies, you have fallbacks. Like, there's many things have to go wrong for there to actually be a something catastrophic because there's, there's so many, fallbacks that these systems have.Alessio [00:35:36]: your simulation is like so vast because there's so many use cases. What are, like, maybe things that worked in a simulation and then you put it out and it's like, “F**k, this isAlessio [00:35:45]: this just did not work at all?”Peter [00:35:47]: Yes.Alessio [00:35:47]: IsPeter [00:35:47]: That's maybe a bit of a misconception, about simulation there. So let me go a little bit, more technical on this. So at first go, no simulation is going to represent the real world. There's always a process of this, sim to real matchingPeter [00:36:02]: where you actually, you need the real world feedback to basically feed into the parameters that are being used in the simulator, and you have to do that, it's like this validation flow, a number of times until you can get some confidence that, like I think the simulator is now accurately representingPeter [00:36:19]: what's gonna happen in the real world. Now, if you have a situation where you've done that full validation and you thought that it was accurate and then there's something different, those are much trickier cases, and that's, that absolutely can happen, but really I think the validation process is a really important part. You can never skip the simulation validation process, like where you're actually ensuring that, hey, the actual, my sim to real gap here is small enough that I can trust these simulation results. And there's, there's so many fun things that you can do when you get into it. Like, I'll, I'll give one fun example that came up recently is like in these humanoid robotics, systemsOverheating actuators is a real problem, right? So obviously phenomenal demos. IPeter [00:37:01]: The most amazingAlessio [00:37:02]: For 10 minutes.Peter [00:37:03]: The most amazing I can get. I love, I love watching robots do acrobatics like everybody but the these systems actually overheat, right? If, like, And one of the ways you can use simulation though is you can actually have that, the temperature of those actuators be one of the parameters that's representedPeter [00:37:18]: in the simulation. And if you're doing reinforcement learning over a certain task, then the robot can actually adjust its motions in the simulation to account for the fact that, oh, it knows that as it's moving, it's actually beginning to overheat this motor. But if you didn't have that parameter of, let's say, the heat of that motor represented in the simulation initially, then your RL policy might It will disregard that. And now you run that on the robot and the robot will overheat and fail.Alessio [00:37:43]: I guess the question is, like, how do you have all of these parameters taken care of while also understanding the deployment environment? Like, temperature is like a great example, right? WellAlessio [00:37:53]: why did you make my robot worse when it runs in like a freezer?Alessio [00:37:57]: So it actually shouldn't worry about that. it's like, yeah, how do you design these simulations?Peter [00:38:02]: This is honestly the This is what makes simulation so hard, right? it's because you Simulation is fundamentally about you're trying to optimize the development of a system, right? Like, how can I build this system faster and better and cheaper and what are all the levers that I have to actually accomplish that? And because simulation's just a software program, you can, you can change it a lot more easily than you can hardware systems. And then what's particularly awesome about the let's say, world models and using that as a part of simulation is now the simulation doesn't just scale with, let's say, adding new math equations inPeter [00:38:36]: but we can actually scale the simulation environment now with additional real world data and that also unlocks a whole new field of robotics.Qasar [00:38:46]: There is a meniscus line where you cross where still doing real world testing is better. there's, in this, sim-to-real gap, you can reproduce reality at exceedingly expensive costs and this So nothing is free. So really you have to you're finding that line where you're getting great performance, you're getting great feedback, whether it's on the training side or on the eval side, but it's way cheaper than doing it in the real world. At some point it, that doesn't make sense. And so even, from our earliest days in autonomy, our view was you're still gonna do real world testing. You There's, there's not, there's not this, magical land where you're not gonna do that. And maybe even like a more nuanced version of this in like traditional software development is, most of your testing for software in a vehicle, 95% of that can be like traditional CI/CD kind of, flows that you would have in traditional web development. But once you have Now you, let's say you have a truck. Well, you can do like 4% of those in like a rig which has all the components, the electrical and electronics of a truck, but doesn't have, it doesn't have the tires and it doesn't have the And then you have the 1%, which is actually the vehicle. There's something There's a similar analogy in terms of using simulation for intelligent systems. You can do a lot in a simulator, but in using world models, but ultimately it's, it's physical AI. So you're gonna deploy it on physical machines andQasar [00:40:17]: the freezer example comes to, comes to light.Alessio [00:40:20]: The world model thing has been to me the hardest thing toAlessio [00:40:22]: wrap my head around. Like we have Faith Eliyon on the podcast.World Models, Hydroplaning, and Cause-Effect LearningQasar [00:40:25]: We've been doing a small series with like another Intuition company, General Intuition as well.Qasar [00:40:31]: yeah, and I mean, lots of, lots of coverage on NeRFs and yes.Alessio [00:40:34]: Yeah. It feels like we talk with about, the heliocentric system, right? It's like in a world model, if you just feed visual data, the model might learn that the sun spins around the Earth. It makes sense, right? And it's like, well, not really. And I think what are like some of these other things that like hydroplaning is one thing I think about, is like can a world model understand hydroplaning and like what amount of water like causes it to happen? And it's like, yeah, to me it's like I don't understand how you guys do it. I guess it's like the real thing is like when you're doing both cars and the highway in Japan versus the excavator in a mine in,Qasar [00:41:13]: ArizonaAlessio [00:41:13]: wherever you're Arizona, wherever you're deploying them.Alessio [00:41:15]: How much of it are you relying on the world models to like generate the simulations for you and then try and close the gap after versus like giving the world models as a tool to your engineers to like curate the simulations if that makes sense?Peter [00:41:28]: Yeah, totally. So yeah, I can say at a pure engineering level, I think if you're hoping to do real world deploys and you're purely relying on a world model approach, you probably won't get to something that works, before you go bankrupt. So there is just a very practical mindset of like, world models are amazing and they're extremely useful for a lot of use cases, but there are a lot of other things that you need to do to actually get something started and something deployed and working. most fundamentally, world models are all about It's understanding the world, but also understanding what's going to happen. It's like the cause-effect relationship.Peter [00:42:01]: Right? And so like it, right, if you have a take some sort of construction tool, and that construction tool is gonna be doing some work on the Earth in some way, it's gonna be moving earth, the world model needs to understand that cause-effect relationship. Like, okay, when I, when I take this material from here and put it over there and now I have things that are over here and not over there anymore and that cause-effect, relationship. data obviously is a is a big problem. The hydroplaningPeter [00:42:26]: one is actually a really great example because it's actually quite non-obvious sometimes. Right? It's like, well, it's, it's raining and well this road, has, let's say the appropriate curvature to it so the water is running off the road and cars are driving faster here and then you approach a road that's very flat and water is now puddling on that road and all of a sudden cars are driving slower because when they were driving faster they were starting to lose control. And there are a lot of visual nuance, very nuanced visual cues in the scene and so I do think in the world model concept there's a good chance that the model actually would learn that you should just drive slower when these visual cues exist, and that's obviously the beautiful-The beauty of, these kinds of models where they just, they learn these non-obvious things.Swyx [00:43:14]: It doesn't need to know about hydroplaning to know that it needs to drive slower.Peter [00:43:17]: Yes.Swyx [00:43:17]: I guess it's Yeah. I wanna ask questions about, also deploying models. I presume, like, you use a lot of these world models for training data and simulation, but what about deploying it onto the systems in production? Presumably you have you have, like, GPUs on deviceOnboard vs. Offboard: Latency, Embedded ML, and DistillationSwyx [00:43:36]: but they're I keep saying on device. What's the what's the right term for that?Peter [00:43:40]: On machine.Swyx [00:43:41]: On machine.Peter [00:43:41]: Or embedded, yeah.Swyx [00:43:42]: Yeah. What is the embedded world like? because for people who are not used to that world, this is very alien.Peter [00:43:49]: Yeah. So it's actually We call it onboard and off board.Peter [00:43:52]: So like, onboard software and off board software.Peter [00:43:54]: And the great thing about off board software is you don't have to care about time, and you can run really large models, right? So you can, you can say, “Well, this model, I don't care if it takes one second for it to give me a result or 10 seconds for it to give me a result, because we have time.” And the models can be really big, and they can run, in a data center or on a on a huge GPU and you can obviously have distribute to compute, et cetera. But onboard you don't have any of those benefits. You're like, “Well, I need I have this many milliseconds where I need an answer from this model.” And so a lot more of the energy then is about, think of it more like distillation and it's like truly efficiency and like, literally every fraction of a millisecond counts. And you can't have a situation where the model takes too long because then the vehicle can't actually function.Peter [00:44:42]: And so you can, you can still use a lot of the same techniques, and the models themselves you can think of as like a derivative of larger models that you can run offline, and then you're, you're trying to just get a model that is still performs really well but it's, it's a it's smaller, small enough version that you can then run on this embedded system where you care about latency and power.Qasar [00:45:03]: Yeah. And I think like, the broader point I think which, maybe is not obvious but it's worth saying is in physical AI world, we're not really constrained right now by, like, the intelligence of the models. It's actually what Peter's talking about, it's actually deploying them inSwyx [00:45:19]: The hardware they give you.Qasar [00:45:21]: Yeah. On the hardware you give you.Qasar [00:45:22]: And so And there's just a reality is of safety critical systems. So those end up being the your limiting factorsQasar [00:45:29]: rather than, let's say, a limiting factor for, a foundation model companyQasar [00:45:34]: is gonna be just capital maybe or researchers.Qasar [00:45:38]: So we're, we're in that way dealing with, for us as people who kind of come in that realm with like a very interesting Those constraints force creativity.Swyx [00:45:47]: And I imagine, nobody was deploying or giving you the hardware for transformers back in 2018, whatever, but now they are. What's the evolution like? just peel back the curtains a little bit.Peter [00:45:59]: Yeah. Transformers first off, I think the paper was originally published in 2017.Swyx [00:46:02]: 2017.Swyx [00:46:02]: So there's no time.Peter [00:46:04]: And ISwyx [00:46:05]: But I'm just saying I guess I'm saying, like, embedded ML systems usually, like, a lot less parameters, a lot less compute, and now, like, orders of magnitude more.Peter [00:46:14]: Yeah. absolutely. what I was gonna say though was I think in the in the original paper in 2017, maybe it's in the last paragraph, somewhere in the paper they talk about, like, “Oh, by the way, this technique might be useful for, like, images and videos as well.”Peter [00:46:30]: These last subjects.Peter [00:46:31]: And it took a few years for that impact to really hit. But like, now, we're seeing transformers are everywhere.Swyx [00:46:39]: Yeah. Vision transformers.Peter [00:46:40]: And then then the compute just keeps getting better and better. But you do have this fundamental trade-off, right? It's like you have power, you have cost, and performance and like, getting the right, getting the right mix of those things in an embedded package that can also be, like, shaken and baked in all thePeter [00:47:00]: conditions that these things have to have to operate in. But yeah, I think that they're only going to keep getting better and so we also try to plan our strategy understanding that, we know the rate of improvements of these systems.Swyx [00:47:11]: Yeah. So like, Google just released the Gemma 2B modelSwyx [00:47:15]: that effective 2B model. Is that useful to you guys or is that too big?Peter [00:47:18]: You can run that model on an embedded system, definitely.Peter [00:47:21]: the So yes, it's, it's useful in that regard. The bigger question is, like, what do you use it for in an embedded system? Like, you actually need to customize it quite a bit to make it useful for something. But yeah, you could run a two billion parameter model, definitely.Swyx [00:47:35]: It also interesting, like, what percent is a custom ML model that only does that thing versus a generalist LLMSwyx [00:47:41]: which probably is not that useful actually for your context.Peter [00:47:46]: Like, you, like, you can imagine different use cases, right?Peter [00:47:48]: So theSwyx [00:47:49]: The voice stuff, yes.Peter [00:47:49]: Yeah, the voice test. Totally, yes.Peter [00:47:51]: So for the actual, autonomy elements, that's 100% in-house. We do every bit of that, the data simulation, the model, everything. But when you get into the more generic use cases like voice or voice assistant kind of thing, that's where these more generalist models like Gemma actually can be quite, can be quite useful.Swyx [00:48:09]: Yeah. And then there's also obviously a trade-off between, like, what percent must you do on machine, versus just call home.Peter [00:48:16]: Yeah. It's all about latency.Swyx [00:48:17]: Latency.Peter [00:48:17]: It's all about latency. Yeah.Swyx [00:48:18]: Yeah. Well, like, I think actually in a lot of contexts, especially in the US, you can just have a connection to the web.Qasar [00:48:26]: Yeah. I think though most of our universe is everything has to be fairly, embedded and local because just the nature of Even in the US there's a lot of likeSwyx [00:48:39]: PatchinessQasar [00:48:40]: don't haveQasar [00:48:41]: have coverage, right? And if you look at, like, the old world of autonomy within mining, which is, like, long before transformers and kind of, neural networks, in the like CNN and kind of a universe, they were really just hand-coded, systems. They were just like, this machine is gonna run to that place with thisPeter [00:49:03]: That was our GPS, like very accurate GPS.Qasar [00:49:05]: Yeah. And so that worked, and that worked for 20 years, so why would we actually need to use transformers or kind of more modern end-to-end systems? Mainly because you can only really run a path and run backwards. That provided a lot of value, but m-Not as much as you get when the machine is actually intelligent. It's, it's seeing, it's perceiving, it's acting in a dynamic world.Alessio [00:49:28]: I looked up RTK, real-time kinematic, one to two-centimeter accuracy.Qasar [00:49:32]: Yeah. Fantastic. But the and fantastic in faraway lands where there's not gonna be cell phone coverage.Peter [00:49:39]: Yeah, so it's widely used on the legacy mining and agricultural autonomy systems today. So like, for example, a combine that can be precise within one or two centimeters as it's driving down the field, they use RTK.Qasar [00:49:53]: Yes.Peter [00:49:53]: But it's, it's expensive.Qasar [00:49:54]: Yeah. And it's, it's, it's autonomy, but it's not intelligent in the way that I think all of usQasar [00:49:58]: if in twenty-six we'd be talking about intelligence.Alessio [00:50:00]: In one of your blog posts, you mentioned research on large scale transformers that are similar to those doing modern generative AI. What are, like, the big differences other than, “You're absolutely right. I should steer the car, so you probably wanna remove that?”Peter [00:50:14]: We have a diversified bet strategy internally, and the reason we've done that is because we operate in now a bunch of industries, a bunch of geographies, and each of the approaches has, obviously a different risk to them.Peter [00:50:27]: And so like, we're not going to put all of our eggs in a single basket for a single approach because that approach may no

Memlekette ne zaman gençlerin ve çocukların karıştığı ya da hedef olduğu bir şiddet olayı yaşansa, silahların her an patladığı televizyon dizileri tartışılıyor. Lise yıllarımda başlayan Deli Yürek ve ardından gelen Kurtlar Vadisi, şiddete ekranlarda devasa bir “alan” açtı. Öyle ki dizideki karakterler için taziye mesajları verilmesine, hayırlarına helva dağıtılmasına varacak kadar tutkuluyla bağlandı izleyici. Etkileri sadece reytinglere değil, istatistiklere de yansıdı. Doğan çocuklara Polat, Elif veya Eylül isimleri konuldu. Bu öncü yapımların açtığı yol zaman içinde ve hızla; mafya hesaplaşmalarından ağalık düzenine, entrikalardan tecavüzle başlayan aşk hikâyelerine kadar her türden şiddetle dolduruldu. İzleyici neyi beğenirse, dozaj “RTÜK devreye girene kadar” artırıldı.

Welcome to The Turf Zone Podcast. This episode features the article “Autonomous Mowing on Trial” written by Landon Erbrick, Paul Bartley, Mark Hoffman and Tanzeel Rehman of Auburn University and J. Bryan Unruh of the University of Florida. As the landscape industry faces mounting labor challenges, tightening environmental regulations, and growing pressure to improve efficiency, the emergence of mowing technologies are generating widespread attention. But do these machines actually deliver on their promises of cost savings, labor efficiency, and sustainability? A multi-disciplinary team of researchers from Auburn University, the University of Florida, and the University of Georgia has launched a multi-year research initiative to answer that very question. Supported by industry partners and the United States Department of Agriculture (USDA), this effort is part of a larger grant-funded project titled “Landscape Equipment Sustainability Strategies: Do More with LESS.” The project involves a comprehensive evaluation of large-platform autonomous mowers to assess their real-world performance, cost-effectiveness, and operational safety across a variety of landscape conditions. Why This Research Matters The adoption of automation in turf care is no longer a theoretical discussion. Manufacturers have introduced commercial autonomous platforms, and early adopters are already deploying them on sports fields, university campuses, and business parks, yet independent research remains scarce on the topic. Most prior studies have focused on small-platform robotic mowers primarily used in residential settings. Traditionally, these machines relied on perimeter wires and random navigation patterns, limiting their efficiency and scalability. However, recent technological advancements—such as real-time kinematic (RTK) positioning and EPOS (Exact Positioning Operating System) navigation—have dramatically improved the precision, reliability, and adaptability of small autonomous mowers. This rapid evolution in positioning and sensing technologies has expanded the potential for autonomy in turf management far beyond the homeowner market. Building on these advancements, large-platform autonomous mowers, that is, commercial-scale machines capable of operating both manually and autonomously, have now entered the market. These systems aim to address many of the industry's most pressing challenges, including labor shortages, rising operational costs, and increasing sustainability demands. Our research seeks to evaluate these emerging technologies through a rigorous, data-driven approach to help landscape contractors, municipalities, and turf managers make informed decisions about integrating autonomy into large-scale operations. What We're Testing & Why It Matters This project is evaluating large-platform commercial mowers across four equipment categories: Manual gas-powered Manual battery-powered Autonomous gas-powered Autonomous battery-powered We're conducting real-world field trials using standardized test plots with varying levels of landscape complexity, from open square acres to obstacle-rich environments designed to mimic trees, bed edges, and other site constraints. Our goal is to understand how different combinations of power source (gas vs. battery) and operator mode (manual vs. autonomous) influence performance, cost, safety, and usability in professional landscaping scenarios. What We're Measuring Across hundreds of acres of mowing in diverse conditions, we're tracking: Labor Efficiency – Time per acre, supervision requirements, and total operator hours Energy or Fuel Consumption – Gallons or kilowatt-hours per acre Mowing Productivity – Speed (acres/hour) under manual vs. autonomous operation Cost of Ownership – Lifetime return on investment (ROI) including equipment price, maintenance, energy, and labor Operational Safety & Setup Time – Issues related to autonomous deployment, landscape variability, and required oversight Adaptability to Landscape Types – How autonomy performs in simple vs. complex site conditions Together, these data will help landscape contractors, fleet managers, and municipal buyers evaluate whether, how, and when to adopt autonomous and battery-powered equipment based on real numbers, not hype or pressure. Safety and Supervision Under the Microscope We're also conducting obstacle detection trials using mannequins and field hazards at multiple approach angles to understand how these machines interpret and react to real-world variables. Our team is especially interested in hybrid operation strategies, where a single operator supervises an autonomous unit while mowing with another, significantly boosting productivity without a full leap into autonomy. Implications for the Green Industry This research comes at a critical time. As noise restrictions, emissions regulations (e.g., California AB 1346), and labor shortages reshape the industry, many contractors are asking: What's the smart next investment? By delivering field-tested, brand-agnostic insights, our goal is to help professionals: Make evidence-based equipment choices Optimize labor deployment strategies Understand technology limitations and serviceability Prepare for future regulations and automation trends. You have been listening to The Turf Zone Podcast. Follow The Turf Zone on X, Facebook and LinkedIn for all things turfgrass, featuring podcasts, magazines, events and more. Visit www.theturfzone.com for more. The post Autonomous Mowing on Trial appeared first on The Turf Zone.

Themen in dieser Folge:Home Assistant: UI-Änderungen, Apps vs. Integrationen und die Angst vor dem "Tamagotchi-Effekt".Energie: Testbericht zum Zendure Solarflow 2400 Pro und ein Blick auf das Solarkon-System.Vorschau: Was erwartet uns auf der Light + Building 2024?Gadgets: Switchbot E-Paper Frame und der smarte Kerzenwärmer (mit hohem Stromverbrauch für maximale Gemütlichkeit).Garten-Ausblick: Neue Trends bei Rasenmäher-Robotern (Lidar vs. RTK) und der Traum vom Yarbo auf der Pferdeweide.

The u-blox SAM-M8Q has been sitting on my bench for months. This little GPS module has a built-in antenna, coin cell backup, speaks both NMEA and UBX binary protocol over UART or I2C. So why isn't it in the shop already? Well, it's mostly cause of the 475-page interfacing datasheet documenting every command, struct, and config register. Hundreds of message types. I got partway through by hand with some Claude Code Sonnet assistance, but ran out of time - plus it was still tedious when babysitting Sonnet. However, now we're living in an Opus + Codex era! So I pointed my Raspberry Pi OpenClaw at it. https://github.com/adafruit/openclaw Here's the setup: Raspberry Pi 5 running OpenClaw, wired to a QT Py RP2040, which talks to the SAM-M8Q. Opus 4.6 reads the datasheet (converted to markdown first by Sonnet 4.6 with 1M context to minimize re-parsing that PDF every session) and builds the implementation plan. I review the plan to make sure it prioritizes the most common commands and reports, and flagged some unessential sections like automotive-assist or RTK-specific. Then Codex is assigned each message implementation task as a sub-agent and writes the actual C code for the Arduino library. Opus suggested using struct-based parsing rather than digging through each uint8_t array; we just memcpy the checksummed message raw bytes onto the matching struct and extract the typed bit fields. We've got four message types done so far. After each message is implemented, Codex also writes a test sketch that will exercise / pretty-print the results of each message, great for self-testing as well as regression testing later. Tonight I'm telling it to keep going while I sleep: code, parse, test against live satellite data, fix failures, commit and push on success, then move on to the next. To me this is a great usage of "agentic" firmware development: there's no creativity in transcribing 84 different structs from a 475-page datasheet. Once the LLMs are done, I can review the PRs as if it were an everyday contributor and even make revision suggestions. Visit the Adafruit shop online - http://www.adafruit.com ----------------------------------------- LIVE CHAT IS HERE! http://adafru.it/discord Subscribe to Adafruit on YouTube: http://adafru.it/subscribe New tutorials on the Adafruit Learning System: http://learn.adafruit.com/ ----------------------------------------- #openclaw #raspberrypi #adafruit

What does early 2026 mean for the American drone industry?In this episode of Your Drone Questions. Answered, we sit down with WISPR Systems to talk about their journey from a Mississippi startup to a nationally recognized U.S. drone manufacturer — and how recent regulatory changes are impacting the entire UAS landscape.John McArthur shares how WISPR Systems evolved from building drones for professors at Mississippi State University to becoming a major player in the surveying and mapping space. You'll hear how the company made a strategic decision to “plant their flag” in one vertical, master complex technologies like RTK, PPK, LiDAR, and photogrammetry, and build partnerships with key industry leaders.We also break down:The December 2025 Federal Highway and FCC announcementsWhat NDAA compliance actually means (and why it's often misunderstood)The difference between American-made, NDA compliant, Green List, and Blue List dronesHow supply chain realities — especially batteries and payload components — are shaping U.S. manufacturingWhat this all means for contractors, DOT projects, and commercial operatorsWhether waivers may provide clarity for allied-country payloads like Sony camerasIf you've been confused about compliance language, worried about what you can legally fly, or wondering how U.S. drone manufacturing is evolving under new federal priorities — this conversation brings clarity.You'll also learn about WISPR Ranger Pro and the SkyScout series — including how they positioned their platform as a compact, open-payload alternative for professional surveying and mapping teams transitioning from DJI ecosystems.For more information or to connect with the Whisper team, visit: 

We're back with our first weekly roundup of 2026! This week we discuss Lighter token launch, Walmart's crypto strategy with OnePay, Erebor's $350m raise, what to expect in 2026 & more. Enjoy! -- Follow Jason: https://x.com/JasonYanowitz Follow Rob: https://x.com/HadickM Follow Empire: https://twitter.com/theempirepod -- "Mantle Global Hackathon 2025 is live! Running from Oct 22 to Dec 31, Mantle invites builders to design the future of Real-World Assets (RWAs) on its modular L2 stack. Key Highlights: - $150,000 Prize Pool + Grants & Incubation opportunities - Access to Bybit's 7M+ verified users - Judges from Bybit Ventures, Spartan, Animoca Brands - 6 Tracks: RWA/RealFi, DeFi, AI, ZK, Infra, GameFi Join the Hackathon: https://www.hackquest.io/vi/hackathons/Mantle-Global-Hackathon-2025" -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Uniswap's Trading API offers plug-and-play access to deep onchain and off-chain liquidity, delivering enterprise-grade crypto trading without the complexity - from one of the most trusted teams in DeFi. Click to get started with seamless, scalable access to Uniswap's powerful onchain trading infrastructure. https://hub.uniswap.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=ww_web_bw_awa_trading-api_20251117_podcast_clicks -- Timestamps: (00:00) Introduction (06:16) Lighter's Token Launch (13:36) Walmart's Crypto Strategy with OnePay (19:09) Erebor Raises $350m At a $4b Valuation (23:22) Ads (Mantle, Geodnet, Uniswap) (25:45) The Clarity Act (36:20) What To Expect In 2026 (43:32) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

In the last episode of 2025 (and the first of 2026), we cover what we learned as a podcast, as an organization, and as three regular dudes. Chris gives a eulogy to our radio RTK network, & Ben Lucas joins the show to talk about winning the Field Plot Yield Contest earlier this fall!   Sam Paulson - Sales Specialist Manager Chris Horob - Precision Support Manager Sam Jensen - Precision Support Specialist Ben Lucas - Missouri Farmer Who Wins Our Giveaways

This week, Jill Gunter from Espresso joins the show to discuss the state of crypto today. We deep dive into how has crypto evolved, why privacy matters, predictions for 2026, will Espresso launch a token & more. Enjoy! -- Follow Jill: https://x.com/jillgun Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- This Empire episode is brought to you by VanEck. Learn more about the VanEck Onchain Economy ETF (NODE): http://vaneck.com/EmpireNODE An investment in the Fund involves a substantial risk and is not suitable for all investors. It is possible to lose your entire principal investment. The Fund may invest nearly all of its net assets in either Digital Transformation Companies and/or Digital Asset Instruments. The Fund does not invest in digital assets or commodities directly. Digital asset instruments may be subject to risks associated with investing in digital asset exchange-traded products (“ETPs”), which include the historical extreme volatility of the digital asset and cryptocurrency market, as well as less regulation and thus fewer investor protections, as these ETPs are not investment companies registered under the Investment Company Act of 1940 (“1940 Act”) or commodity pools for the purposes of the Commodity Exchange Act (“CEA”). Investing involves substantial risk and high volatility, including possible loss of principal. Visit vaneck.com to read and consider the prospectus, containing the investment objective, risks, and fees of the fund, carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation. -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Uniswap's Trading API offers plug-and-play access to deep onchain and off-chain liquidity, delivering enterprise-grade crypto trading without the complexity - from one of the most trusted teams in DeFi. Click to get started with seamless, scalable access to Uniswap's powerful onchain trading infrastructure. https://hub.uniswap.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=ww_web_bw_awa_trading-api_20251117_podcast_clicks -- Timestamps (00:00) Introduction (02:44) The State of Crypto Today (10:21) How Has Crypto Evolved? (19:18) Ads (VanEck, Geodnet, Uniswap) (21:40) Why Privacy Matters (35:55) Who Wins In Crypto Infra? (45:56) Crypto's Identity Crisis (52:52) Predictions For 2026 (55:49) When Will Espresso Launch A Token? -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

İstanbul'da ünlü isimlere açılan uyuşturucu soruşturması kapsamında İrem Sak, Aleyna Tilki ve Danla Bilic gözaltına alındı. RTÜK, "Jasmine" dizisine en üst sınırdan idari para cezası ve katalogdan çıkarma yaptırımı uyguladı.Bu bölüm Buselik Meyhane hakkında reklam içermektedir. Yeni bir yıla girerken en güzel dileklerimizi, en özel anıları ve elbette en güzel lezzetleri paylaşmak isteriz. Buselik Meyhane, 2026 yılını karşılarken geleneksel meyhane kültürünü, özenle hazırlanmış bir yılbaşı menüsüyle buluşturuyor. Ayrıntılı bilgiye buradan erişebilirsiniz.

This week, Noah from Theia & Smac from Compound discuss why crypto's next chapter won't be powered by hype alone. They explain how valuations, narratives, fund structures, and real cash-flow durability are reshaping the industry, and why investors must adapt to a world where fundamentals finally matter. Enjoy! — Follow Noah: https://x.com/tradernoah Follow Smac: https://x.com/0xsmac Follow Jason: https://x.com/JasonYanowitz Follow Santi: https://x.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Compound Annual Meeting: https://x.com/mhdempsey/status/1999119478936785108?s=20 — Zcash is encrypted Bitcoin. Your digital bill of rights securing your freedom for the 21st century. Buy, store and spend ZEC privately using Zashi Wallet download today: https://electriccoin.co/zashi/ -- "Mantle Global Hackathon 2025 is live! Running from Oct 22 to Dec 31, Mantle invites builders to design the future of Real-World Assets (RWAs) on its modular L2 stack. Key Highlights: - $150,000 Prize Pool + Grants & Incubation opportunities - Access to Bybit's 7M+ verified users - Judges from Bybit Ventures, Spartan, Animoca Brands - 6 Tracks: RWA/RealFi, DeFi, AI, ZK, Infra, GameFi Join the Hackathon: https://www.hackquest.io/vi/hackathons/Mantle-Global-Hackathon-2025" -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Uniswap's Trading API offers plug-and-play access to deep onchain and off-chain liquidity, delivering enterprise-grade crypto trading without the complexity - from one of the most trusted teams in DeFi. Click to get started with seamless, scalable access to Uniswap's powerful onchain trading infrastructure. https://hub.uniswap.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=ww_web_bw_awa_trading-api_20251117_podcast_clicks -- Timestamps: (00:00) Intro (01:24) How Theia & Compound Are Positioned (05:58) Thoughts On Valuation Debate (10:50) Do Narratives & Storytelling Drive Markets? (22:24) Ads (Zcash) (23:01) Tension Between Old & New Investors (25:27) Having A View On Public Markets (28:53) Will Crypto Be The Fastest Horse Again? (33:44) Who Outperforms: Majors or Apps? (35:43) Ads (Zcash) (36:20) Identifying Durable Vs Ephemeral Advantages (40:49) State Of Crypto Liquid Funds (45:51) Activist Investing In Crypto (47:48) Ads (Mantle, Geodnet, Uniswap) (50:41) Views On Prediction Markets (53:55) Biggest Market Opportunities (01:01:36) Water Supercycle? — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Dans l'actu des nouvelles technologies et de l'accessibilité cette semaine : Du côté des applications et du web Android : les nouveautés de décembre pour l'accessibilité. Appli Live Read pour iOS. Ecobox pour iOS, appli de lecture de fichiers audio. Le NVDA Add-on Store est disponible sur le web. La beta publique de Eloquence pour Android est disponible. Apple et Google s'allient pour simplifier le passage entre Android et iPhone. Apple met en avant l'accessibilité dans une pub musicale amusante. Une marche funèbre ou un Requiem auraient été plus adaptés à la politique actuelle d'Apple sur le sujet. Le reste de l'actu Des chercheurs créent un écran que l'on peut voir et toucher grâce à la lumière. Francklin a mis à jour son module de guidage RTK. Vidéo de trajet de démo. Notre podcast avec Francklin à propos du RTk. Remerciements Cette semaine, nous remercions Brigitte, Claire, Francklin, Jean-Marc et Rémy pour leurs infos ou leur dons. Si vous souhaitez vous aussi nous envoyer de l'info ou nous soutenir : Pour nous contactez ou nous envoyez des infos, passez par le formulaire de contact sur la page oxytude.org/contact. Pour nous soutenir via Paypal, c'est sur la page paypal.me/oxytude. Pour vos achats sur Amazon, passez par notre lien affilié oxytude.org/amazon.. Pour vos idées cadeaux accessibles pour Noël, notre podcast annuel est ici. Pour animer cet épisode François, Jacques et Philippe.

In this week's episode of Your Drone Questions. Answered, host Chris Breedlove sits down with Stefan Hrabar of Emesent to unpack one of the most important emerging technologies in the drone world: SLAM (Simultaneous Localization and Mapping).What exactly is SLAM? How does SLAM LiDAR differ from traditional LiDAR systems? Can SLAM work without GPS? And—most importantly—how can drone pilots, mapping professionals, and service providers actually use SLAM-based payloads in real-life missions?Stefan talks about:His robotics and autonomy background—from early USC drone research to global deploymentsHow SLAM evolved inside Australia's CSIRO labsThe origins of Emesent and the development of the Hovermap systemThe difference between visual SLAM, LiDAR SLAM, and mixed-sensor approachesWhy SLAM is becoming essential for GPS-denied environmentsReal-world use cases: underground mining, bridge inspections, cell towers, indoor scans, stockpiles, and moreHow modern SLAM payloads integrate with platforms like the Freefly Astro and DJI enterprise dronesNew capabilities such as autonomous exploration, waypoint-based scanning, and constrained SLAM with RTK or control points

This week, CIO of Bitwise Matt Hougan joins the show to discuss fading the power of the four-year cycle, the accelerating wave of institutional adoption, and whether Strategy selling its Bitcoin is a real risk. Matt also weighs in on the Santi-Haseeb L1 debate, balancing token value with investment, and what he thinks drives the next phase of growth. Enjoy! — Follow Matt: https://x.com/Matt_Hougan  CIO Memo: https://bit.ly/4pK4gmC  Follow Jason: https://x.com/JasonYanowitz  Follow Santi: https://x.com/santiagoroel  Follow Empire: https://twitter.com/theempirepod  — Zcash is encrypted Bitcoin. Your digital bill of rights securing your freedom for the 21st century. Buy, store and spend ZEC privately using Zashi Wallet download today: https://electriccoin.co/zashi/ — Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users.Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates https://app.katana.network/krates—This Empire episode is brought to you by VanEck.Learn more about the VanEck Onchain Economy ETF (NODE): http://vaneck.com/EmpireNODEAn investment in the Fund involves substantial risk and is not suitable for all investors. You may lose your entire principal investment. The Fund may invest nearly all of its net assets in Digital Transformation Companies and/or Digital Asset Instruments but does not invest in digital assets or commodities directly.Digital Asset Instruments may involve risks tied to investing in digital asset exchange-traded products (“ETPs”), including the historically extreme volatility of digital asset and cryptocurrency markets and reduced regulation and investor protections, as these ETPs are not registered investment companies under the Investment Company Act of 1940 (“1940 Act”) or commodity pools under the Commodity Exchange Act (“CEA”).Investing involves substantial risk and high volatility, including possible loss of principal. Visit vaneck.com to review the prospectus, including the Fund's investment objective, risks, and fees, before investing.© Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation.—GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries.Discover how GEODNET is changing the world: [https://geodnet.com]—Uniswap's Trading API offers plug-and-play access to deep onchain and off-chain liquidity, delivering enterprise-grade crypto trading without the complexity - from one of the most trusted teams in DeFi.Click to get started with seamless, scalable access to Uniswap's powerful onchain trading infrastructure.https://bit.ly/4pt0Fd0 — Timestamps 00:00 Intro 03:28 2026 vs The Four Year Cycle 05:06 Bitcoin Covered Call Strategy 07:44 The Case Against The 4-Year Cycle 11:14 Ads (Zcash, Katana) 12:31 Will Strategy Sell Its Bitcoin? 16:36 Inside The Institutional Mind 24:24 How Advisors Think About Crypto 27:40 The Best Stories In Crypto 30:23 Ads (Zcash, Katana) 31:39 Risk-First Investing 33:01 L1 Debate: Haseeb vs Santi 36:19 Balancing Token Value & Investment 40:16 Ads (VanEck, Uniswap) 41:58 Zcash & The Privacy Narrative 44:29 The Future Of ICOs 46:55 The Token-Equity Convergence 48:19 Final Thoughts — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

This week, Santi and Rob discuss market volatility, MicroStrategy's financial health, and Ethereum's valuation. They also dive into current macro conditions, recent Tether FUD, and prediction markets. Enjoy! – Follow Jason: https://x.com/JasonYanowitz Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Empire: https://twitter.com/theempirepod —- Zcash is encrypted Bitcoin. Your digital bill of rights securing your freedom for the 21st century. Buy, store and spend ZEC privately using Zashi Wallet download today: https://electriccoin.co/zashi/ -- Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users. Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates] -- This Empire episode is brought to you by VanEck. Learn more about the VanEck Onchain Economy ETF (NODE): http://vaneck.com/EmpireNODE An investment in the Fund involves a substantial risk and is not suitable for all investors. It is possible to lose your entire principal investment. The Fund may invest nearly all of its net assets in either Digital Transformation Companies and/or Digital Asset Instruments. The Fund does not invest in digital assets or commodities directly. Digital asset instruments may be subject to risks associated with investing in digital asset exchange-traded products (“ETPs”), which include the historical extreme volatility of the digital asset and cryptocurrency market, as well as less regulation and thus fewer investor protections, as these ETPs are not investment companies registered under the Investment Company Act of 1940 (“1940 Act”) or commodity pools for the purposes of the Commodity Exchange Act (“CEA”). Investing involves substantial risk and high volatility, including possible loss of principal. Visit vaneck.com to read and consider the prospectus, containing the investment objective, risks, and fees of the fund, carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation. -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Uniswap's Trading API offers plug-and-play access to deep onchain and off-chain liquidity, delivering enterprise-grade crypto trading without the complexity - from one of the most trusted teams in DeFi. Click to get started with seamless, scalable access to Uniswap's powerful onchain trading infrastructure. https://hub.uniswap.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=ww_web_bw_awa_trading-api_20251117_podcast_clicks – [Timestamps] (00:00) Intro (04:40) The L1 Valuation Debate (16:28) Ads (Zcash, Katana) (17:44) The Market's Lack of Liquidity  (30:07) Ads (Zcash, Katana) (31:24)  Thoughts on Saylor & MicroStrategy (46:25) Ads (VanEck, Geodnet,Uniswap) (48:47) Recent Tether FUD (57:47 ) Thoughts on Prediction Markets (01:09:18) Kraken Acquires xStocks (01:12:04) Favorite Christmas Movies —-- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

This week, we're back to discuss the top stories of the week. We deep dive into Klarna's stablecoin launch, the state of crypto VC, Hyperliquid's launch of equity perps & more. Enjoy! -- Follow Jason: https://x.com/JasonYanowitz Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Empire: https://twitter.com/theempirepod -- Referenced In The Show: Jeff Yass - https://www.youtube.com/watch?v=qU9N75Fe1yU Part 1: My Life Is a Lie - https://www.yesigiveafig.com/p/part-1-my-life-is-a-lie?publication_id=1272022&post_id=179492574&isFreemail=false&r=5205r&triedRedirect=true Competition is for Losers with Peter Thiel - https://www.youtube.com/watch?v=3Fx5Q8xGU8k -- Zcash is encrypted Bitcoin. Your digital bill of rights securing your freedom for the 21st century. Buy, store and spend ZEC privately using Zashi Wallet download today: https://electriccoin.co/zashi/ -- Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users. Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates] -- This Empire episode is brought to you by VanEck. Learn more about the VanEck Onchain Economy ETF (NODE): http://vaneck.com/EmpireNODE An investment in the Fund involves a substantial risk and is not suitable for all investors. It is possible to lose your entire principal investment. The Fund may invest nearly all of its net assets in either Digital Transformation Companies and/or Digital Asset Instruments. The Fund does not invest in digital assets or commodities directly. Digital asset instruments may be subject to risks associated with investing in digital asset exchange-traded products (“ETPs”), which include the historical extreme volatility of the digital asset and cryptocurrency market, as well as less regulation and thus fewer investor protections, as these ETPs are not investment companies registered under the Investment Company Act of 1940 (“1940 Act”) or commodity pools for the purposes of the Commodity Exchange Act (“CEA”). Investing involves substantial risk and high volatility, including possible loss of principal. Visit vaneck.com to read and consider the prospectus, containing the investment objective, risks, and fees of the fund, carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation. -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Uniswap's Trading API offers plug-and-play access to deep onchain and off-chain liquidity, delivering enterprise-grade crypto trading without the complexity - from one of the most trusted teams in DeFi. Click to get started with seamless, scalable access to Uniswap's powerful onchain trading infrastructure. https://hub.uniswap.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=ww_web_bw_awa_trading-api_20251117_podcast_clicks -- (00:00) Intro (07:14) Klarna Launches KlarnaUSD (17:25) Ads (Zcash, Katana) (41:12) The State of Crypto VC (44:16) Ads (Zcash, Katana) (45:32) The Prediction Market Wars (57:28) Ads (VanEck, Geodnet, Uniswap) (59:50) Hyperliquid Launches Equity Perps (01:07:21) Coinbase To Acquire Vector.fun (01:18:00) Berachain & Nova Digital's $25 Million Refund Right (01:26:41) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice.

This week, Rob & Santi are back to discuss the top stories of the week. We deep dive into the current state of markets, why Coinbase called off their BVNK acquisition, Uniswap's fee switch proposal, Monad's ICO, the bursting of the DAT bubble & more. Enjoy! -- Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- Zcash is encrypted Bitcoin. Your digital bill of rights securing your freedom for the 21st century. Buy, store and spend ZEC privately using Zashi Wallet download today: https://electriccoin.co/zashi/ -- Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users. Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates] -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- This Empire episode is brought to you by VanEck. Learn more about the VanEck Onchain Economy ETF (NODE): http://vaneck.com/EmpireNODE An investment in the Fund involves a substantial risk and is not suitable for all investors. It is possible to lose your entire principal investment. The Fund may invest nearly all of its net assets in either Digital Transformation Companies and/or Digital Asset Instruments. The Fund does not invest in digital assets or commodities directly. Digital asset instruments may be subject to risks associated with investing in digital asset exchange-traded products (“ETPs”), which include the historical extreme volatility of the digital asset and cryptocurrency market, as well as less regulation and thus fewer investor protections, as these ETPs are not investment companies registered under the Investment Company Act of 1940 (“1940 Act”) or commodity pools for the purposes of the Commodity Exchange Act (“CEA”). Investing involves substantial risk and high volatility, including possible loss of principal. Visit vaneck.com to read and consider the prospectus, containing the investment objective, risks, and fees of the fund, carefully before investing. -- (00:00) Intro (01:37) State of The Market (06:48) Coinbase Calls Off Their $2B Acquisition of BVNK (13:40) Ads (Zcash, Katana) (14:52) J.P Morgan (JPMD) Launches On Base (27:40) Uniswap's Fee Switch Proposal (37:22) Ads (Zcash, Katana) (38:34) Monad's ICO (55:40) Ads (Geodnet, VanEck) (57:14) Bursting of The DAT Bubble (01:07:36) What Happened With Hyperliquid & Popcat? (01:16:40) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Eric has a conversation with Todd Zimmerman discussing Kress, a company focused on electrification and robotization in the landscaping industry, particularly through the use of artificial intelligence (AI). Kress offers two main product lines: professional-grade 60-volt battery-powered tools for commercial landscapers and a pro-grade homeowner line, both utilizing advanced battery technology for power and cost savings. The core of the discussion centers on their autonomous robotic mowers, including the homeowner-focused iPilot and the commercial-grade Voyager, which use a combination of RTK, stereo camera, and VSLAM technology for precise, pattern-based mowing and obstacle avoidance. Zimmerman highlights how these robotic mowers can transform the least profitable part of a landscaper's business into the most profitable by drastically reducing operating costs associated with labor, gas, and maintenance, while also addressing friction points and labor shortages in the industry. Key Takeaways: Embrace artificial intelligence tools to potentially help save both time and money in personal and professional applications. Landscapers should transition from gas-powered equipment to cordless products to realize significant annual operational savings per employee. Consider utilizing autonomous robotic mowers, which use virtual boundaries and object recognition, to handle lawn care even on steep slopes up to 39 degrees. Commercial operators can leverage autonomous mowing technology to convert the typically least profitable aspect of their business into the most profitable. Utilize management views and productivity reports in commercial apps to track crew efficiency, optimize travel routes, and accurately quote property jobs.

Welcome to Your Drone Questions. Answered from Drone Launch Academy. Host Chris Breedlove sits down with Tom Searing (Seiler GeoDrones) to tackle a hot late-2025 question: Can U.S. operators finally run a truly American-made, NDAA-friendly, end-to-end LiDAR stack—from airframe to sensor to workflow?What you'll learn:What “end-to-end” LiDAR actually looks like for U.S. teams (airframe → payload → planning → processing → export)A quick tour of Flux payload options (H1 / O1 / L1) and when each makes senseHow the Flow app simplifies setup, status checks, processing, and exporting in the fieldMission-planning notes (calibrations, overlaps, orthogonal passes) and why dual-antenna GNSS mattersCost model highlights: Flow is included with the sensor (no annual software fee), plus an optional Verizon Hyper Precise RTK subscription if you want always-on RTK; PPK remains viableField-friendly data handling: scan, verify a quick point-cloud render on the tablet, export LAZ/LAS, and goAvailability & demand outlook as we head toward early 2026 ramp-upConnect with Tom and check out Freefly Flux:https://freeflysystems.com/fluxhttps://freefly.gitbook.io/astro-public/other-user-manuals/freefly-payloads/flux-lidar-payloadtsearing@seilerinst.com https://www.seilergeodrones.com/Have a question for a future episode? Send it in and we'll tackle it on the show: chris@dronelaunchacademy.com or visit ydqa.io.

This week, Kain Warwick joins the show to discuss building Infinex and the march towards TGE. We deep dive into Kain's experience building in crypto, the next stage for Infinex, taking down CEXs, running a startup, dealing with drug addiction & more. Enjoy! -- Follow Kain: https://x.com/kaiynne Follow Jason: ⁠https://x.com/JasonYanowitz⁠ Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- Zcash is encrypted Bitcoin. Your digital bill of rights securing your freedom for the 21st century. Buy, store and spend ZEC privately using Zashi Wallet download today: https://electriccoin.co/zashi/ -- Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users. Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates] -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- (00:00) Intro (05:36) Investing vs Building In Crypto (13:11) The Opportunity For Prediction Markets (17:51) Ads (Zcash, Katana) (18:48) What's Next For Infinex? (21:39) Taking Down Centralized Exchanges (30:52) Why Infinex Is Launching A Token (38:38) Ads (Zcash, Katana) (39:50) The Problem with Airdrops (52:10) Most Influential Accounts on CT (56:42) Ads (Goednet) (57:27) Surviving in Crypto (01:00:50) Dealing with Drug Addiction (01:07:10) Running A Startup (01:08:57) Where Are We in The Cycle? -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

This week, we break down Coinbase's $375 million acquisition of Echo and debate whether it was a good deal or not. We also dive into other top stories, including FalconX's acquisition of 21Shares, Tempo's $500 million raise, the latest developments in prediction markets, and more. Enjoy! -- Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh Start your day with crypto news, analysis and data from David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Referenced In The Show: State of Crypto 2025: https://a16zcrypto.com/posts/article/state-of-crypto-report-2025/ https://www.ribbitcap.com/knowledge -- Crypto-native institutions and developers demand institutional-grade infrastructure with regulatory clarity and full asset control. Blockdaemon's Earn Stack is a non-custodial platform combining high-performance staking rewards and seamless DeFi integration with no intermediate smart contract or vaults. Programmatically access leading Ethereum & Solana staking rewards, plus DeFi opportunities across lending protocols, DEXs, and AMMs. Book a Demo! -- peaq, the Machine Economy Computer, proudly sponsors the Empire podcast. peaq is home to 60+ apps across 20+ industries and millions of devices, machines, and onchain robots. It powers the world's first tokenized robo-farm, launching soon in Hong Kong, and has launched the Machine Economy Free Zone in Dubai as a Web3 x Robotics x AI innovation hub. For more about peaq, check out www.peaq.xyz -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Timestamps: (00:00) Introduction (05:11) Coinbase Acquires Echo For $375m (24:09) FalconX Acquires 21Shares (27:25) Ads (Blockdaemon, Peaq) (28:35) Takeaways From The Fed Payments Conference (35:30) The Market Structure Bill (41:46) Ads (Blockdaemon, Peaq) (42:57) Tempo Raises $500m at a $5b Valuation (49:01) Are Banks In Trouble? (53:34) Ads (Geodnet) (54:22) Prediction Markets (01:02:51) It's CZ's World, We're Just Living In It (01:06:22) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

This week we discuss Polymarket's $2B deal with ICE and how it impacts the future of prediction markets. We then deep dive into the stablecoin duopoly, advice for founders, is it BNB season, crypto's next breakout consumer app & more. Enjoy! -- Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh Start your day with crypto news, analysis and data from David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Crypto's premiere institutional conference returns to London in October 2025. Use code EMPIRE200 for £200 off at checkout: https://blockworks.co/event/digital-asset-summit-2025-london -- Crypto-native institutions and developers demand institutional-grade infrastructure with regulatory clarity and full asset control. Blockdaemon's Earn Stack is a non-custodial platform combining high-performance staking rewards and seamless DeFi integration with no intermediate smart contract or vaults. Programmatically access leading Ethereum & Solana staking rewards, plus DeFi opportunities across lending protocols, DEXs, and AMMs. Book a Demo! -- peaq, the Machine Economy Computer, proudly sponsors the Empire podcast. peaq is home to 60+ apps across 20+ industries and millions of devices, machines, and onchain robots. It powers the world's first tokenized robo-farm, launching soon in Hong Kong, and has launched the Machine Economy Free Zone in Dubai as a Web3 x Robotics x AI innovation hub. For more about peaq, check out www.peaq.xyz -- Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users. Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates] -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Timestamps: (00:00) Intro (04:04) ICE Invests $2b In Polymarket (14:32) Ads (Blockdaemon, Peaq) (15:43) Advice For Founders (22:50) How Does Polymarket's $2b Raise Impact Kalshi? (27:53) Ads (Blockdaemon, Peaq) (29:04) The Stablecoin Duopoly Is Ending (44:16) Ad (Katana Geodnet) (45:42) Is It BNB Season? (55:06) Privacy Coins (57:13) Finding The Next Breakout Consumer App (01:02:25) The Government Shutdown (01:04:31) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Welcome back to Your Drone Questions. Answered, brought to you by Drone Launch Academy! This week, we're diving into a listener-suggested topic: GNSS post-processing services. If you're flying mapping missions and need to establish accurate base station coordinates for your PPK (post-processed kinematic) workflow, services like OPUS and Trimble CenterPoint RTX can be game-changers.In this episode, I break down:What GNSS post-processing services are and why they matter for drone pilotsA comparison between OPUS (NGS/NOAA, U.S.) and Trimble CenterPoint RTXLogging best practices (intervals, duration, and timing of uploads)Key limitations, including constellation support and receiver compatibilityPractical advice on when and how to use these services in your workflowWe'll also touch on how these tools compare to other correction methods like RTK networks, and why understanding what's happening “behind the scenes” is valuable when evaluating cloud-based processing platforms.

This week Mike Novogratz joins the show to reflect on his path from a successful trading career to building and running Galaxy. We deep dive into the state of markets, what defines the most successful macro traders, Galaxy's AI data centre opportunity, running a public company & more. Enjoy! -- Follow Mike: https://x.com/novogratz Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh Start your day with crypto news, analysis and data from David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Crypto-native institutions and developers demand institutional-grade infrastructure with regulatory clarity and full asset control. Blockdaemon's Earn Stack is a non-custodial platform combining high-performance staking rewards and seamless DeFi integration with no intermediate smart contract or vaults. Programmatically access leading Ethereum & Solana staking rewards, plus DeFi opportunities across lending protocols, DEXs, and AMMs. Book a Demo! -- peaq, the Machine Economy Computer, proudly sponsors the Empire podcast. peaq is home to 60+ apps across 20+ industries and millions of devices, machines, and onchain robots. It powers the world's first tokenized robo-farm, launching soon in Hong Kong, and has launched the Machine Economy Free Zone in Dubai as a Web3 x Robotics x AI innovation hub. For more about peaq, check out www.peaq.xyz -- Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3. Key elements for Mantle as the ""Blockchain for Banking"": - Transactions posted to the blockchain - Compatibility with TradFi rails - Integrated DeFi features Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier. Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'. -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Timestamps: (00:00) Introduction (06:32) Mike's Outlook For Markets in 2025 (14:53) Are Markets Frothy, AI Capex & The Minsky Moment (24:26) Ads (Blockdaemon, Peaq) (25:36) What Will The Next Four Years For Crypto Look Like? (30:44) What Makes The Most Successful Macro Traders? (40:25) Ads (Blockdaemon, Peaq) (41:35) Hyperliquid (44:19) The AI Data Centre Buildout (54:34) Ads (Mantle, Geodnet) (55:59) Galaxy's Crypto Business (59:06) Tokenizing Galaxy's Stock (01:03:14) Running A Public Company & The IPO Window (01:07:03) Final Thoughts -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

This week Dan Morehead joins the show to discuss the current state of markets & what's next throughout 2025 into 2026. We deep dive into how Dan built conviction in crypto as an asset class back in 2013, does the four year cycle still exist, crypto treasury vehicles, Dan's Solana thesis & more. Enjoy! -- Follow Dan: https://x.com/dan_pantera Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh Start your day with crypto news, analysis and data from David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Crypto-native institutions and developers demand institutional-grade infrastructure with regulatory clarity and full asset control. Blockdaemon's Earn Stack is a non-custodial platform combining high-performance staking rewards and seamless DeFi integration with no intermediate smart contract or vaults. Programmatically access leading Ethereum & Solana staking rewards, plus DeFi opportunities across lending protocols, DEXs, and AMMs. Book a Demo! -- Welcome to Get Real — Web3's first-ever campaign rewarding you for creating real-world value. Connect your devices to real-world apps on peaq and earn rewards for: Measuring noise pollution Providing compute Mapping the word And more Total prize pool: 5% of $PEAQ's initial supply. Get Real is relaunching soon — follow peaq on X and get ready. -- Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3. Key elements for Mantle as the ""Blockchain for Banking"": - Transactions posted to the blockchain - Compatibility with TradFi rails - Integrated DeFi features Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier. Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'. -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Timestamps: (00:00) Introduction (02:44) Buying Bitcoin In The Early Days (07:11) Dan's Macro Outlook In 2025 (17:14) Ads (Blockdaemon, Peaq) (18:44) Does The Four Year Cycle Still Exist? (27:39) Phase II of The Bull Market (29:49) The Crypto IPO Window Is Open (32:44) Ads (Blockdaemon, Peaq) (34:13) Crypto Treasury Vehicles (40:30) The Solana Thesis: Why Pantera Owns $1bn+ Solana (42:45) Are Institutions Still Underallocated To Crypto? (46:33) Ads (Manttle, Goednet) (47:59) Launching Crypto's Longest Running Fund (55:07) Advice For Founders (57:50) Crypto's Biggest Opportunity In The Next 5 Years -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

The first growth factors identified and studied during the early 1970s were Epidermal Growth Factor (EGF) and Nerve Growth Factor (NGF). It was soon demonstrated that EGF and NGF mediate their cellular and physiological effects by binding to specific cell membrane receptors: the EGF receptor (EGFR) and the NGF receptor (NGFR), respectively. The mechanisms of activation and signaling of these receptors were compared to those of insulin and IGF1, which bind and activate the Insulin Receptor (IR) and IGF1 Receptor (IGF1R). These comparisons gained further significance with the discovery that EGFR, NGFR, IR, IGF1R, and many other membrane receptors belong to the receptor tyrosine kinase (RTK) family of cell signaling molecules. Early insights into the activation and signaling mechanisms of EGFR revealed that ligand binding to its extracellular domain induces and stabilizes the formation of EGFR dimers. This dimerization plays a critical role in activating the receptor's intrinsic tyrosine kinase activity. Through an intermolecular process, this activation leads to the autophosphorylation of multiple tyrosine residues in the C-terminal tail of EGFR. The cytoplasmic domain of EGFR serves not only as an enzyme that phosphorylates various substrates but also as a scaffold that recruits and regulates multiple signaling proteins through complex formation. While different ligands induce RTK dimerization and activation through variations on a shared theme, this paradigm is universal among all RTKs and is similarly observed in the activation of other surface receptors. Further important discoveries regarding the mode of action of EGFR and other RTKs made during the 1970s and 1980s include the following: Signaling Modules: Molecules containing SH2, SH3, and other small protein modules were found to play key roles in mediating cellular activities downstream of RTKs and many other signaling molecules. Ligand-Dependent Endocytosis: Ligand binding to the extracellular domain of RTKs stimulates receptor-mediated endocytosis and intracellular trafficking ,which are essential for proper signal transduction. Oncogenic Mutations: A variety of gain-of-function oncogenic mutations were identified in EGFR and other RTKs. These mutations were shown to be critical drivers of many human cancers. These early discoveries, along with others made during the 1980s, laid the conceptual groundwork for the development of targeted therapies. They paved the way for the discovery and clinical application of more than 50 targeted small-molecule cancer drugs and therapeutic antibodies, which have significantly improved patient outcomes in oncology.

RTÜK, yayımladıkları bazı içeriklerin “millî ve manevi değerlere aykırı” olduğu gerekçesiyle 5 dijital platforma ceza verdi. 400'den fazla sanatçı ve plak şirketi, müziklerini İsrail'de erişimden kaldıracağını açıkladı.Bu bölüm Borusan Contemporary hakkında reklam içermektedir. Borusan Contemporary, 2025–2026 kültür sanat sezonunu, çağdaş fotoğrafın öncü isimlerinden Edward Burtynsky'nin Türkiye'deki ilk büyük kişisel sergisi ile açıyor. Ayrıntılı bilgiye buradan ulaşabilirsiniz.

We're back to discuss the top stories of the week. We deep dive into how crypto can redefine private equity, who wins from the battle for USDH, Figure's IPO, could DeFi projects go public & more. Enjoy!--Follow Rob: https://x.com/HadickMFollow Santi: https://x.com/santiagoroelFollow Jason: https://x.com/JasonYanowitzFollow Empire: https://twitter.com/theempirepod--Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh Start your day with crypto news, analysis and data from David Canellis.Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts Referenced in the show: A letter from Mike Cagney, Figure's co-founder and executive chairman - https://www.figure.com/newsroom/company-voices/a-letter-from-mike-cagney-figure-co-founder-and-executive-chairman/ -- False Claim From Story: “vast majority was bought from founder” Response: This is simply not true. The vast majority was acquired from the Foundation in two transactions. First, the Foundation contributed $IP (at a discount) for shares in CASK. Additionally, the cash PIPE proceeds were used to buy tokens at a discount. These two transactions represent most of the total token balance held by CASK. The shareholder ownership for the Foundation and SY individually are all public in the S-1 filing. See page 153-157.--GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com]--"Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3.Key elements for Mantle as the ""Blockchain for Banking"": - Transactions posted to the blockchain - Compatibility with TradFi rails - Integrated DeFi features Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier.Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'."-- Timestamps: (00:00) Intrdocution (02:51) Inversion Raises $26.5M (10:52) A New Era For Private Equity (26:00) Hyperliquid's USDH Proposal (47:32) Ad (Mantle, Geodnet) (48:56) The Stablecoin Superbowl: Who Wins? (01:02:10) Takeaways From Figure's IPO (01:14:46) Could DeFi Projects Go Public? (01:16:38) Content Of The Week — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Gm! In this episode, Arjun Sethi, Co-CEO of Kraken, joins Yano to dive into how his background in tech, growth and IPOs makes him the perfect candidate to join Kraken and take the company to the next level. Arjun dives into how his compensation plan and overall approach to Kraken paves the way for a decade long growth trajectory that will take Kraken global and one of the most recognized brands in crypto for retail, traders and beyond. -- Start your day with crypto news, analysis and data from David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Arjun: https://x.com/arjunsethi Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users. Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates] -- Is your treasury losing value to inflation? Learn how to make digital assets like ETH and SOL productive with uncorrelated, protocol-driven staking rewards. A new report from Liquid Collective and EigenCloud outlines a practical guide for CFOs to integrate institutional-grade staking and restaking. Read The Productive Treasury Report: https://liquidcollective.io/corporate-treasury-staking/ -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- (00:00) Intro (01:10) Arjun's Background (14:08) Culture + Product Velocity (16:45) Arjun's Incentives (18:03) Ads (Katana) (18:50) 1st month at kraken (21:56) Prioritizing What To Build (26:00) Future Onchain Trading (31:20) Kraken Stablecoin (33:38) Crypto Market Structure (35:16) Competitor Analysis (40:17) Hyperliquid (42:25) X Stocks (44:58) Ninja Trader Acquisition (49:33) IPO? (52:39) Long term Leadership (53:53) Ads (Eigenlayer, Geodnet) (55:32) Prediction Markets + Perps (59:16) Tokenization / Onchain IPOs (01:04:18) What's Obvious to Arjun (01:09:46) 4 Year Cycle -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

Happy Friday! For this week's Roundup, Rob and Yano dive into the recent stablecoin raises (Rain and M0) and explore the exponentially growing industry of prediction markets and discuss what could be beyond PolyMarket and Kalshi. They also touch upon the macro environment, where we are in the cycle and leave some killer content recs.  -- Start your day with crypto news, analysis and data from David Canellis.  Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries.  Discover how GEODNET is changing the world: [https://geodnet.com] --  Get up to speed on the biggest stories in crypto each week. In five minutes.  Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire  -- "Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3.   Key elements for Mantle as the ""Blockchain for Banking"":      - Transactions posted to the blockchain     - Compatibility with TradFi rails     - Integrated DeFi features UR, built by Mantle, is the first real-world example: an on-chain money app offering Swiss IBANs and unified access to fiat (EUR, CHF, USD, RMB) and crypto — bringing crypto into everyday finance. Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier. Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'." -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi.  Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo   Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Is your treasury losing value to inflation? Learn how to make digital assets like ETH and SOL productive with uncorrelated, protocol-driven staking rewards. A new report from Liquid Collective and EigenCloud outlines a practical guide for CFOs to integrate institutional-grade staking and restaking. Read The Productive Treasury Report: https://liquidcollective.io/corporate-treasury-staking/ -- Chapters: (03:06) Rain (19:36) M0's Rise (25:58) Ads (Geodnet, Bitwise) (27:26) Prediction Markets (47:51) Ads (Geodnet, Bitwise) (49:12) Ads (Mantle, EigenLayer, Citrea) (51:38) DATs priced in? (56:47) Cycle Analysis (01:02:23) Content of the week — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

Happy Friday! On this week's Roundup, Yano and Santi are joined by Ro to dive in and explore the signals, indicators and metrics that might or might not point to a top of the cycle. From Chamath's SPAC, borrowing and lending numbers, Kanye meme coins, NFTs and more all provide unique insights into the potential frothy Q4 ahead of us. -- Start your day with crypto news, analysis and data from David Canellis.  Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Roshun: https://x.com/roshunpatel Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries.  Discover how GEODNET is changing the world: [https://geodnet.com] --  Get up to speed on the biggest stories in crypto each week. In five minutes.  Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire  -- "Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3.   Key elements for Mantle as the ""Blockchain for Banking"":      - Transactions posted to the blockchain     - Compatibility with TradFi rails     - Integrated DeFi features UR, built by Mantle, is the first real-world example: an on-chain money app offering Swiss IBANs and unified access to fiat (EUR, CHF, USD, RMB) and crypto — bringing crypto into everyday finance. Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier. Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'." -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi.  Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo   Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Chapters: (00:52) Intro (04:01) Top Indicators Explored (25:33) Ads (Geodnet, Bitwise) (27:02) Lending Markets & Leverage (45:55) Private Markets (54:38) Ads (Geodnet, Bitwise) (56:00) Ads (Mantle,Citrea) (57:36) Overlooked Sectors (01:12:30) Content Recs — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

For this week's roundup, Andrew Keys, from The Ether Machine, joins Yano, Santi and Rob to dive into the unique value prop that The Ether Machine offers investors, his thoughts on the overall DAT landscape and how DATs, outside of BTC and ETH, are likely too far down the risk curve. They also discuss the rise and proliferation of private L1s like Stripe's and Circle's and explore who the winners and losers will be of these new projects.  -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Andrew: https://x.com/AK_EtherMachine Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire --"Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3. Key elements for Mantle as the ""Blockchain for Banking"": - Transactions posted to the blockchain - Compatibility with TradFi rails - Integrated DeFi featuresUR, built by Mantle, is the first real-world example: an on-chain money app offering Swiss IBANs and unified access to fiat (EUR, CHF, USD, RMB) and crypto — bringing crypto into everyday finance.Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier.Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'." -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Chapters: (0:00) Introduction (2:06) Andrew Keys' Background (3:24) Why ETH Not BTC (15:14) Why DATs (24:44) Ads (Geodnet, Bitwise) (26:21) Has The Vision Been Co-opted? (35:57) DAT Rollups + M&As (38:59) DATs Beyond BTC + ETH (43:03) Ads (Geodnet, Bitwise) (44:40) ETFs Are Flawed (50:34) Other Worthwhile Ecosystems (54:58) L1 Private Chain Launches (1:06:25) Ads (Mantle, Citrea) (1:08:04) Stripe's L1 + Paradigm (1:13:32) Weekly Content Recs -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Happy Friday! This week we livestreamed our Roundup and Yano, Santi and Rob got right into the topics of the week - DATs keep on keeping on, Coinbase's convertible notes, Kraken and other upcoming crypto IPOs, Roman Storm's guilty verdict, crypto and 401Ks, stablecoin growth continues, ChatGPT 5 launches and content recommendations.  -- Start your day with crypto news, analysis and data from Katherine Ross.  Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries.  Discover how GEODNET is changing the world: [https://geodnet.com] --  Get up to speed on the biggest stories in crypto each week. In five minutes.  Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire  -- "Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3.   Key elements for Mantle as the ""Blockchain for Banking"":      - Transactions posted to the blockchain     - Compatibility with TradFi rails     - Integrated DeFi features UR, built by Mantle, is the first real-world example: an on-chain money app offering Swiss IBANs and unified access to fiat (EUR, CHF, USD, RMB) and crypto — bringing crypto into everyday finance. Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier. Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'." -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi.  Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo   Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Timestamps: (03:11) DATs State Of The Union (12:45) Coinbase Convertible Notes (27:16) Ads (Geodnet, Bitwise) (28:44) Kraken IPO (37:46) Upcoming IPOs (39:39) Roman Storm Guilty (48:55) Crypto + 401ks (52:28) Ads (Geodnet, Bitwise) (53:49) Ads (Mantle,Citrea) (55:27) Ripple Acquisition (57:16) Stablecoins Growth (01:13:15) Content Recs + ChatGPT 5 — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Happy Friday! On this Roundup, Rob is officially announced as the third host, Avichal join the pod to discuss DATs, and beyond DATs the White House Crypto Report is explored, Zora creator tokens, and the BIG news of the collaboration between Coinbase and Chase to push crypto into mass adoption orbit.  --Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Avichal: https://x.com/avichal Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire -- "Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3. Key elements for Mantle as the ""Blockchain for Banking"": - Transactions posted to the blockchain - Compatibility with TradFi rails - Integrated DeFi featuresUR, built by Mantle, is the first real-world example: an on-chain money app offering Swiss IBANs and unified access to fiat (EUR, CHF, USD, RMB) and crypto — bringing crypto into everyday finance.Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier.Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'." -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Chapters: (02:14) DATs Explored (19:37) Ads (Geodnet, Bitwise) (21:11) ETHZilla (30:32) DAT KPIs (36:15) Ads (Geodnet, Bitwise) (37:49) DAT FUD (51:15) Ads (Mantle,Citrea) (52:54) Native Token or DAT (01:00:06) White House Crypto Report (01:07:29) Coinbase X Chase (01:11:17) Zora + Creator Tokens (01:19:21) Content Recs — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

346 MAVLehet, hogy csak látszat volt, de 2005-ben minden jel arra utalt, hogy a 130 milliárd forint ÉRTÉKŰ, 30+30 villamos motorvonat szállítására és karbantartására kiírt pályázat sorsa előre eldőlt – történjék bármi is, azt csak egyetlen pályázó, a svájci Stadler nyerhette el. Ugyanis a MÁV háromszor is így döntött, annak ellenére, hogy a Közbeszerzési Döntőbizottság korábban kétszer is megsemmisítette ugyanezt az eredményt. A történteknek 2005-ben Friderikusz Sándor megpróbált utána járni, megszólaltatva az ügyben érintett minden illetékest: Gaál Gyulát, a MÁV akkori elnök-vezérigazgatóját, dr. Deli Bettyt, a Közbeszerzési Döntőbizottság elnökét, valamint a MÁV felügyelőbizottságának két tagját, Szántó Jánost és Gaskó Istvánt. A riport-összeállítás második részében Ökrös András is elmondta a véleményét, aki korábban a MÁV vezérigazgató-helyettese volt, de épp ezzel az üggyel összefüggésben menesztették. Ez a csaknem háromnegyedórás archív összeállítás világos képet ad arról, hogy húsz éve hogyan zajlottak például a közbeszerzések egy nagy állami vállalatnál – és talán arról is, hogy a helyzet nem sokat változott azóta sem. Ha megnézik-meghallgatják ezt a mi 2005-ben készült felvételünket, érdemes utána elolvasniuk az index.hu kétrészes cikksorozatát ennek az ügynek a színfalak mögötti történéseiről:- az index-cikk első része: https://index.hu/gazdasag/magyar/mavIT050816/- az index-cikk második része: https://index.hu/gazdasag/magyar/MAVig20824/Hogyan támogathatja a munkánkat? - Legújabban már a Donably felületen is támogathat bennünket, itt ÁFA-mentesen segítheti munkavégzésünket: https://www.donably.com/friderikusz-podcast - De lehet a patronálónk a Patreon-on keresztül is, mert a támogatása mértékétől függően egyre több előnyhöz juthat: https://www.patreon.com/FriderikuszPodcast - Egyszerű banki átutalással is elismerheti munkavégzésünk minőségét. Ehhez a legfontosabb adatok az alábbiak: Név: TV Pictures Számlaszám: OTP Bank 11707062-21446081 Közlemény: Podcast-támogatás Ha külföldről utalna, nemzetközi számlaszámunk (IBAN - International Bank Account Number): HU68 1170 7062 2144 6081 0000 0000 BIC/SWIFT-kód: OTPVHUHB Akármilyen formában támogatja munkánkat, nagyon köszönjük!Kövessenek, kövessetek itt is:youtube: https://www.youtube.com/c/FriderikuszPodcastFacebook: https://www.facebook.com/FriderikuszPodcastInstagram: https://www.instagram.com/friderikuszpodcastAmazon Music: https://music.amazon.com/podcasts/a159b938-d63e-4927-9e9b-bea37bc378d3/friderikusz-podcastSpotify: https://spoti.fi/3blRo2gYoutube Music: https://music.youtube.com/playlist?list=PLu6L9HlV4-KuNOYy_rS97rP_Q-ncvF14rApple Podcasts: https://apple.co/3hm2vfiDeezer: https://www.deezer.com/hu/show/1000256535

Happy Friday! Rob and Yano are back to talk the markets, PNC's collab with Coinbase, Hyperliquid being disrupted by Coinbase's new Perps launch, NFTs return, Pump's slump and the continued rise of the Crypto Treasury Companies. -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Rob: https://x.com/HadickM Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire -- "Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3. Key elements for Mantle as the ""Blockchain for Banking"": - Transactions posted to the blockchain - Compatibility with TradFi rails - Integrated DeFi features UR, built by Mantle, is the first real-world example: an on-chain money app offering Swiss IBANs and unified access to fiat (EUR, CHF, USD, RMB) and crypto — bringing crypto into everyday finance. Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier. Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'." -- Zenrock is a permissionless, decentralized custody network backed by 1RoundTable Partners, 10T, Maven11, and Spartan. Live on Jupiter, $ROCK is the native token for transactions within the Zenrock ecosystem and secures Zenrock's decentralized custody network. The first application launching on Zenrock is zenBTC – yield-bearing Bitcoin on Solana. zenBTC is now live. -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Chapters: (0:00) Introduction (1:53) Comment Roasts (2:52) Market Updates (13:20) Ads (Geodnet & Bitwise) (14:57) Digital Asset Treasury Companies (31:16) Ads (Geodnet & Bitwise) (32:53) Pump Analysis (38:11) Hyperliquid & Coinbase's Perps (45:51) Ads (Mantle, Zenrock & Citrea) (48:05) NFTs Are Back (52:01) PNC x Coinbase -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Happy Friday, Yano and Santi are back for another roundup and we can officially say the bull market is back. From M&A, Pump's ICO, and Santi and Yano's market takes, this roundup dives deep into how to think about navigating in the 4th stage of the cycle! -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire -- "Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3. Key elements for Mantle as the ""Blockchain for Banking"": - Transactions posted to the blockchain - Compatibility with TradFi rails - Integrated DeFi featuresUR, built by Mantle, is the first real-world example: an on-chain money app offering Swiss IBANs and unified access to fiat (EUR, CHF, USD, RMB) and crypto — bringing crypto into everyday finance.Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier.Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'." -- Zenrock is a permissionless, decentralized custody network backed by 1RoundTable Partners, 10T, Maven11, and Spartan. Live on Jupiter, $ROCK is the native token for transactions within the Zenrock ecosystem and secures Zenrock's decentralized custody network.The first application launching on Zenrock is zenBTC – yield-bearing Bitcoin on Solana. zenBTC is now live. -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz- -- Chapters: 02:25 Market Update 06:07 Stage 4 Of The Cycle 12:48 Ads (Geodnet, Bitwise) 14:25 Bitcoin & Ethereum 23:50 Pump's ICO 32:24 Ads (Geodnet, Bitwise) 34:00 Crypto Bull Market 55:07 Ads (Mantle, Zenrock, ,Citrea) 57:20 M&A Updates 01:05:48 LQR House 01:08:15 Weekly Content Recs — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Happy Friday! On this roundup, Rob Hadick joins Santi and Yano again this week to discuss PUMP'S ICO, the future of creator driven revenue online, drama at Polymarket, where the best builders are today in the industry and how Agora is elevating stablecoins! -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire -- Mantle is building the financial infrastructure for a tokenised future—bridging traditional finance and on-chain innovation through six integrated product pillars: Mantle Network, mETH Protocol, Function BTC, and the upcoming launches of MantleX, Mantle Banking, and the Mantle Index Four (MI4) Fund. Anchored by one of the largest community-governed treasuries in the industry, valued at over $4 billion, Mantle is delivering institutional-grade products designed for global capital markets. Follow Mantle on X: https://x.com/Mantle_Official -- Zenrock is a permissionless, decentralized custody network backed by 1RoundTable Partners, 10T, Maven11, and Spartan. Live on Jupiter, $ROCK is the native token for transactions within the Zenrock ecosystem and secures Zenrock's decentralized custody network.The first application launching on Zenrock is zenBTC – yield-bearing Bitcoin on Solana. zenBTC is now live. -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Chapters: (00:00) Intro (03:07) Pump ICO (12:52) Ads (Geodnet, Bitwise) (14:29) Creator Strategy (23:55) Pump's Revenue Clarity (26:31) Solana's Future (29:40) Where Are The Best Builders? (35:45) Ads (Geodnet, Bitwise) (37:22) Acquisitions (48:24) Ads (Mantle, Zenrock, ,Citrea) (50:42) Zelensky Suit Polymarket Drama (01:00:27) Agora — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Happy 4th of July to our stateside followers! On this episode, Rob Hadick joins Santi to review the biggest news of the week focusing in on stablecoins, Circle IPO butterfly effects, robinhood's arbitrum tokenization announcement at Cannes at ECC, 12 month outlook and the biggest opportunities today in crypto. -- Rob's Stablecoin Article - https://x.com/HadickM/status/1934680037795705133 -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire -- Ledger, the global leader in digital asset security, proudly sponsors Expansion! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now, and build confidently, knowing your BTC, ETH, SOL, and more are safe.Buy now on https://shop.ledger.com/?r=1da180a5de00. -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- CHAPTERS: 00:00 Intro 02:08 Stablecoin Sentiment & Insights 22:40 Ads (Geodnet, Bitwise) 24:16 Evolution of LPs 27:02 Robinhood At ECC 42:14 Ads (Geodnet, Bitwise) 43:51 Mirror Tokens Explained 47:32 Talking About Crypto With TradFi 59:56 Ads (Ledger, Citrea) 01:01:27 2025 Exceeds Expectations 01:03:18 12 Month Outlook 01:08:59 BIG Opportunities In Crypto — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Hold onto your antennae and calibrate your coordinates — this episode blasts off into GNSS orbit with Mike Horton of GEODNET and Larry Fox of Bad Elf! We're talking democratization, satellites, and a robot invasion of 2025 (no big deal). From Chicago's north side to UC Berkeley and beyond, these GPS pioneers dropped knowledge like satellites in freefall: Why decentralizing GNSS might just save the world (or at least your drone survey). How GEODNET is quietly assembling the world's largest RTK network — one miner at a time. And what happens when a “Bad Elf” and a “Geo-Nerd” walk into a room. There's tech talk, trust talk, and even some good ol' fashioned Iron Man headbanging as Black Sabbath sets the musical tone for the week. Bonus: find out what woodworking, 3D printing, and Mandarin Chinese have to do with geospatial innovation. (Spoiler: nothing... and everything.) And don't miss the NLCPREP brain teaser — GPS isn't about magnets or mirrors, folks! This episode is brought to you by our friends at EMLID, TopoDOT, Hexagon, AllTerra Central, and of course, David Evans & Associates — where commitments are serious, and the relationships are even better.  

Join Michale, Mike, Yano and Santi on stage and LIVE from PERMISSIONLESS IV as they break down crypto's breakout moment for this week's roundup! -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Michael - https://x.com/im_manderson Follow Mike - https://x.com/MikeIppolito_ Follow Santi - https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire -- Ledger, the global leader in digital asset security, proudly sponsors Expansion! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now, and build confidently, knowing your BTC, ETH, SOL, and more are safe.Buy now on https://shop.ledger.com/?r=1da180a5de00. -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz Chapters: (00:00) Intro (01:25) The Growth of Prediction Markets (04:11) Polymarket vs Kalshi's Business Models (09:32) Ads (Geodnet, Bitwise) (11:08) Is Crypto Forming Its Own Mag 7? (19:16) Ads (Geodnet, Bitwise) (20:53) Global Capital Pools and the State of Venture (30:21) Bitcoin Dominance Is Up Only (36:21) Ads (Ledger, Citrea) (37:52) Verifiable Apps and the Effectiveness of the DAO (40:56) How to Play the Stablecoin Boom — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

On this week's Roundup, Yano and Santi explore Blockworks' recently released Token Transparency framework, discuss the passing of the GENIUS act through the senate, and continue to marvel and engage with the fire plays right now - Hyperliquid and CRCL.  -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire -- Ledger, the global leader in digital asset security, proudly sponsors Expansion! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now, and build confidently, knowing your BTC, ETH, SOL, and more are safe. Buy now on https://shop.ledger.com/?r=1da180a5de00. -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Chapters: (00:00) Intro (01:24) Token Transparency Launch (22:30) Ads (Geodnet, Bitwise) (24:06) Permissionless (27:26) Stablecoin Summer (30:27) Market Update (39:45) Ads (Geodnet, Bitwise) (41:22) Hyperliquid (54:10) Ads (Ledger, Citrea) (55:41) Tron + USD1 (01:01:21) Cycle Top? (01:12:20) Eigen Cloud — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Join host Chris Breedlove as he explores how drones are revolutionizing coastal environmental monitoring in Maine with Will Kochitzky, Assistant Professor at the University of New England.Key Topics Covered:Centimeter-scale mapping accuracy for coastal change detectionPre and post-storm documentation for FEMA applicationsMaine's proactive sea level rise legislation (1.5 feet by 2050, 3.9 feet by 2100)Equipment recommendations: DJI Mavic 3 Enterprise with RTK for photogrammetryInspired Flight 1200A with YellowScan Mapper for LiDAR applicationsSeasonal monitoring strategies to capture winter storm impactsThe importance of relative vs. absolute accuracy in environmental monitoringEpisode Links:https://www.une.edu/people/will-kochtitzkyhttps://iceandclimate.org/media/https://www.une.edu/magazine/2024-edition/mapping-and-revitalizing-maines-coastline

Scott Berden from U.S. Sugar and Brad Rucks from Everglades Equipment Group.Scott leads the precision ag program for over 255,000 acres of production at U.S. Sugar, where the company grows sugarcane, citrus, and vegetables across five counties. He manages a fleet of 350+ precision-equipped vehicles and oversees everything from GPS land leveling to real-time logistics and RTK networks. His collaboration with Everglades Equipment Group and John Deere has helped U.S. Sugar remain at the forefront of ag tech, including new autonomous solutions, smart equipment, and farm-wide Wi-Fi.Brad, a veteran in the Integrated Solutions department at Everglades, works closely with producers of sugarcane and specialty crops. He brings his knowledge of John Deere's latest technologies — including JDLink, embedded efficiency tools, and landforming software — to help farmers get the most out of their machines. From optimizing fertilizer application to introducing automation, Brad ensures customers can compete and thrive in a rapidly evolving industry.Together, they unpack the power of strategic partnerships, the evolution of modern farming, and what lies ahead in the next 5 to 10 years — including autonomous tractors and smarter machine-to-machine communication. This is a can't-miss conversation for any grower, ag tech enthusiast, or agribusiness leader looking to better understand how scale, data, and innovation come together in the field.  Want Farm4Profit Merch? Custom order your favorite items today!https://farmfocused.com/farm-4profit/ Don't forget to like the podcast on all platforms and leave a review where ever you listen! Website: www.Farm4Profit.comShareable episode link: https://intro-to-farm4profit.simplecast.comEmail address: Farm4profitllc@gmail.comCall/Text: 515.207.9640Subscribe to YouTube: https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5XqwFollow us on TikTok: https://www.tiktok.com/@farm4profitllc Connect with us on Facebook: https://www.facebook.com/Farm4ProfitLLC/

For this week's Roundup, Yano and Santi dive into the Stripe acquisition of Privy, the SEC Crypto Task Force Roundtable, Bill Gurley's comments on tokenization, the likelihood of a Solana ETF coming soon and the crack down on crypto that's happening in Singapore! -- Stablecoins aren't cheaper, they're better blog - https://www.fintechbrainfood.com/p/stablecoins-are-better -- Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts -- Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod -- Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire -- Ledger, the global leader in digital asset security, proudly sponsors Expansion! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now, and build confidently, knowing your BTC, ETH, SOL, and more are safe. Buy now on https://shop.ledger.com/?r=1da180a5de00. -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Chapters: (00:00) Intro (06:11) SEC Crypto TaskForce Roundtable (16:050 Ads (Geodnet, Bitwise) (17:42) Bill Gurley On Tokenization (30:380 Ads (Geodnet, Bitwise) (32:15) Stripe Acquires Privy (45:52) Ads (Ledger, Citrea) (47:22) Product + Distribution (49:44) Singapore Cracks Down On Crypto (53:50) Solana ETFs Imminent (54:47) Next Crypto ETFs  — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

In this episode, Yano and Santi unpack 16z's stance on the decline of crypto foundations, Pump.fun's $1B raise, Robinhood's growing crypto footprint, Circle's upcoming IPO, and question Coinbase's (COIN) evolving role in the ecosystem. Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://twitter.com/theempirepod Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh -- GEODNET is the world's largest RTK network, delivering real-time, centimeter-level precision for drones, robots, farmers, and first responders. Recognized by the U.S. Congress, this blockchain-powered network supports mission-critical applications across a wide range of industries. Discover how GEODNET is changing the world: [https://geodnet.com] -- Marinade Labs develops staking technologies that strengthen Solana. In 2021, our protocol was the first to bring liquid staking to the network; today, our sophisticated, high-performance staking delegation platform brings billions in liquidity and security to the SOL market. We have solutions for both DeFi and TradFi, including liquid and native staking, as well as direct enterprise integrations. Our best-in-market features include user downside protection (through protected staking rewards) and optimized delegation (via our automated auction marketplace). Crypto asset investors worldwide, from individual traders to global institutions, use Marinade to earn rewards on their SOL treasuries and holdings. We are headquartered in New York, with offices in the European Union, including Prague. To learn more about Marinade, visit https://www.marinade.finance. -- Ledger, the global leader in digital asset security, proudly sponsors Expansion! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now, and build confidently, knowing your BTC, ETH, SOL, and more are safe. Buy now on https://shop.ledger.com/?r=1da180a5de00. -- Petra Earn was designed to make DeFi more accessible for everyone—from seasoned pros to DeFi beginners. Manage your balance, claim rewards and deposit directly from the app.By supplying USDT to Aries lending pools, users have the potential to earn a higher yield compared to some traditional methods.Not financial advice. Participating in Defi carries risks. To learn more visit https://petra.app/earn -- Citrea is the first zero-knowledge rollup to enhance the capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps). Citrea is optimistically verified by Bitcoin, offering the most Bitcoin-secured and native way to extend BTC's utility to DeFi. Learn more about Citrea: https://citrea.xyz/?utm_source=bellcurve&utm_medium=podcast&utm_campaign=website_promo Follow Citrea on X/Twitter for the latest on its journey to mainnet: https://x.com/citrea_xyz -- Chapters: (00:00) Intro (01:35) Beware Of Fake Empire Scams (05:10) Circle IPO (20X Oversubscribed) (15:18) Ads (Geodnet, Marinade) (16:52) HOOD, COIN or CRCL? (24:51) Ads (Geodnet, Marinade) (26:25) PumpDotFun $1B Raise Explored (42:05) Ads (Ledger, Aptos, Citrea) (44:18) Trump Wallet Real or Not? (45:49) Trump Family Too Involved In Crypto? (48:32) Global Remittances With StableCoins (53:44) MoonPay Gets NY BitLicense (56:47) Crypto Infinite Money Glitch? (01:01:49) DeFiSaver — Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Join us for an exciting episode of The Edge of Show, live from Token 2049 in Dubai! In this episode, we have insightful conversations with industry leaders, including Alex Svanevik , CEO and co-founder of Nansen, and Kamal Youssefi, Executive Chairman of Hedera, as well as David Chen, co-founder of Geodnet.Key takeaways:The evolving landscape of on-chain analytics, the competition among blockchain networks, and the significance of on-chain activity in relation to token value. The growth of the Hedera ecosystem, the importance of digital identity in Web3, and the collaborative efforts of the Hedera Governing Council. He shares exciting use cases and the vision for tokenized equity.GeoNet, a groundbreaking project that enhances GPS accuracy using RTK technology and how is paving the way for Web3 innovations.Tune in to gain valuable insights into the future of blockchain technology, the importance of building great products, and the potential of decentralized solutions in various industries. Don't forget to like, subscribe, and hit the notification bell for more episodes! Support us through our Sponsors! ☕

Thank you to our sponsor, BetterHelp! Visit BetterHelp.com/RTK today to get 10% off your first month. My new book, "Unstuck" is OUT NOW! ⁠GET YOURS TODAY!⁠ If you enjoyed this episode, leave a review and make sure you subscribe! You can WATCH the RTK Podcast on ⁠YOUTUBE⁠ Follow RTK on ⁠INSTAGRAM⁠ If you are interested in advertising on this podcast or having Kim as a guest on your Podcast, Radio Show, or TV Show, reach out to ⁠podcast@yeamediagroup.com⁠ ABOUT THE RTK PODCAST: Pastor Kimberly Jones, known as Real Talk Kim, travels the world fulfilling her passion and purpose of loving people back to life. She is a mother, pastor, entrepreneur, best-selling author, entertainer and most importantly a worshiper after God's own heart. Pastor Kim is the Senior Pastor at Limitless Church and has two sons. She is a human rights advocate with a passion for giving back and believes in the compassion of the Holy Spirit, delivering it to those who need it most. Pastor Kim has been featured on The Doctor Oz Show, Oxygen's Network Series Preachers of Atlanta, Your World with Creflo Dollar on BET, ABC's Nightline, The Word Network, CNN, Praise in the Park' Atlanta and numerous magazines and radio shows. Learn more about your ad choices. Visit megaphone.fm/adchoices

Thank you to our Sponsor, BetterHelp! Write your story, with BetterHelp. Visit BetterHelp.com/RTK today to get 10% off your first month. My new book, "Unstuck" is OUT NOW! GET YOURS TODAY! If you enjoyed this episode, leave a review and make sure you subscribe! You can WATCH the RTK Podcast on YOUTUBE Follow RTK on INSTAGRAM If you are interested in advertising on this podcast or having Kim as a guest on your Podcast, Radio Show, or TV Show, reach out to podcast@yeamediagroup.com ABOUT THE RTK PODCAST: Pastor Kimberly Jones, known as Real Talk Kim, travels the world fulfilling her passion and purpose of loving people back to life. She is a mother, pastor, entrepreneur, best-selling author, entertainer and most importantly a worshiper after God's own heart. Pastor Kim is the Senior Pastor at Limitless Church and has two sons. She is a human rights advocate with a passion for giving back and believes in the compassion of the Holy Spirit, delivering it to those who need it most. Pastor Kim has been featured on The Doctor Oz Show, Oxygen's Network Series Preachers of Atlanta, Your World with Creflo Dollar on BET, ABC's Nightline, The Word Network, CNN, Praise in the Park' Atlanta and numerous magazines and radio shows. Learn more about your ad choices. Visit megaphone.fm/adchoices