Podcasts about softbank

Japanese conglomerate company

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Silicon Carne, un peu de picante dans la Tech
LE FRANÇAIS QUI A VENDU LE PLUS DE ROBOTS DANS LE MONDE (NAO, PEPPER)

Silicon Carne, un peu de picante dans la Tech

Play Episode Listen Later May 28, 2025 86:47


Jérôme Monceaux a consacré sa vie à insuffler de l'âme aux machines. Cofondateur d'Aldebaran, père de NAO et de Pepper, il a vécu l'âge d'or de la robotique française… avant d'en claquer la porte, en désaccord avec la vision de SoftBank.Depuis, il trace sa propre route. Avec SpooN, il explore l'univers des avatars émotionnels. Et avec Enchanted Tools, il défend une idée radicale : celle d'une robotique incarnée, tangible, expressive — à mille lieues de l'IA invisible qui obsède la Silicon Valley.Dans cet entretien sans filtre, Jérôme revient sur ses réussites, ses désillusions, ses choix, et sur cette conviction profonde : la technologie ne vaut rien sans émotion, sans esthétique, sans poésie.===================

Swan Signal - A Bitcoin Podcast
Bitcoin Hits All-time Highs and the Fiat System Cracks

Swan Signal - A Bitcoin Podcast

Play Episode Listen Later May 23, 2025 57:02


Swan Signal Live – Episode Recap (May 17, 2025)Title: “All-Time High Week: Bitcoin Blasts to $111K, LBE Stocks Surge, and the Debt Train Rolls On”Guests: Brady Swenson, Alex Stanczyk, Steven Lubka, John Haar (Swan Private)

Digital Currents
Senate Votes "Yes" to Advance Stablecoin Bill, Another BTC ATH & Google Overhauls Its Search With AI

Digital Currents

Play Episode Listen Later May 22, 2025 59:21


In this ABCD roundup, we unpack the GENIUS Act's bipartisan momentum as the U.S. moves toward stablecoin regulation. We also examine the record-breaking Bitcoin price and futures open interest hitting $72B amid growing institutional demand. In addition, we break down SoftBank's increased investment in TSMC, signaling a deeper bet on AI chip growth, and Google's latest search overhaul with AI chatbots to take on ChatGPT. Plus, Fortnite scores a major legal win against Apple, setting the stage for renewed platform battles in the app economy.   To learn more, visit us on the web at https://www.morgancreekcap.com/morgan-creek-digital/. To speak to a team member or sign up for additional content, please email mcdigital@morgancreekcap.com   Legal Disclaimer This podcast is for informational purposes only and should not be construed as investment advice or a solicitation for the sale of any security, advisory, or other service. Investments related to the themes and ideas discussed may be owned by funds managed by the host and podcast guests. Any conflicts mentioned by the host are subject to change. Listeners should consult their personal financial advisors before making any investment decisions.  

We Study Billionaires - The Investor’s Podcast Network
BTC235: Jack Mallers on XXI (21) and Strike Borrowing and Lending (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

Play Episode Listen Later May 21, 2025 70:15


Explore the launch of Twenty One Capital, its strategic ties with Tether, SoftBank, and Cantor Fitzgerald, and how it compares to MicroStrategy or ETFs. Plus, Strike's bold leap into secure Bitcoin lending. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 15:29 - How Twenty One Capital was formed and why now is the right time for a Bitcoin-native public company17:16 - What SoftBank contributes beyond funding, including possible global Bitcoin adoption strategies19:05 - How Twenty One differentiates itself from MicroStrategy and ETFs as a Bitcoin investment vehicle 19:55 - Why “Bitcoin Per Share” is used to track performance instead of traditional fiat metrics 27:31 - The ownership structure and governance dynamics between Tether, SoftBank, and other stakeholders28:45 - Whether and how Strike and Twenty One will collaborate, and how CEO responsibilities are managed 31:26 - How the company navigates U.S. regulatory challenges, especially with Tether's involvement 33:07 - The roadmap for Twenty One's operational revenue beyond holding BTC35:02 - The thinking behind Strike's conservative Bitcoin-backed loans and their structure35:40 - Lessons from the collapse of other crypto lenders and how Strike avoids similar risks42:06 - The future of interest rates, accessibility, and transparency in Strike's lending products49:28 - Strike's evolving role as a Bitcoin-native financial services platform – or neobank 51:54 - How both companies aim to promote financial sovereignty while balancing ease of use 57:05 - The biggest challenges on the horizon, from regulation to competition, and how they'll be tackled Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Jack's X Account. Learn more about Jack's company: Strike.  Check out all the books mentioned and discussed in our podcast episodes ⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy ad-free episodes when you subscribe to our ⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Join the exclusive ⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠ to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: ⁠⁠⁠⁠X (Twitter)⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠. Check out our ⁠⁠⁠⁠Bitcoin Fundamentals Starter Packs⁠⁠⁠⁠. Browse through all our episodes (complete with transcripts) ⁠⁠⁠⁠here⁠⁠⁠⁠. Try our tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠TIP Finance Tool⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠. Get smarter about valuing businesses in just a few minutes each week through our newsletter, ⁠⁠⁠⁠The Intrinsic Value Newsletter⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠. SPONSORS Support our free podcast by supporting our ⁠⁠⁠⁠sponsors⁠⁠⁠⁠: ⁠SimpleMining⁠ ⁠Hardblock⁠ ⁠AnchorWatch⁠ ⁠Fundrise⁠ ⁠DeleteMe⁠ ⁠CFI Education⁠ ⁠Vanta⁠ ⁠The Bitcoin Way⁠ ⁠Onramp⁠ ⁠Indeed⁠ ⁠Shopify⁠ HELP US OUT! Help us reach new listeners by leaving us a ⁠⁠⁠⁠rating and review⁠⁠⁠⁠ on ⁠⁠⁠⁠Spotify⁠⁠⁠⁠! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://premium.theinvestorspodcast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Empires - An Asian Business Podcast
Softbank (JP) I What's Next? I (By AlphaSense)

Empires - An Asian Business Podcast

Play Episode Listen Later May 19, 2025 21:40


SoftBank's Vision Fund made history with its $100 billion war chest, backing game changing companies from Uber to TikTok. But Masa's ambition doesn't stop there. SoftBank is already looking ahead, aiming to shape the future of generative AI and its infrastructure.In this special bonus episode, we dive into the next decade of SoftBank's strategy. Specifically, how they're positioning themselves to dominate AI infrastructure, from massive data centers to edge computing. We break down the role of ARM, the rise of AI processing on the edge, and how AlphaSense insights can deepen your understanding of SoftBank's daring strategies.-Our series is proudly sponsored by AlphaSense.-Access expert analyst reports, perfectly summarised by Gen-AI with precision and no hallucinations. Support our productions by  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠booking your free trial ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠today.-Want to showcase your brand to listeners with a combined net worth of over $1 billion and a network of 100,000+ employees and industry contacts? Drop us an email: sales@1upmediapodcast.com-We're looking to grow our team! Support our productions by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠buying us a coffee⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠-Want to meet the team? ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠-If you love the style of Empires, and want similar content, check out:

Down to Business English: Business News to Improve your Business English
The Race to Develop Humanoid Robots

Down to Business English: Business News to Improve your Business English

Play Episode Listen Later May 17, 2025 22:56 Transcription Available


Robots competing in a half marathon? It might sound like science fiction, but it recently happened in Beijing. Humanoid robots are moving out of the lab and into the real world — and the race to bring them to market is heating up. Skip Montreux and Dez Morgan explore the fast-growing industry of humanoid robots. From Tesla's Optimus project to China's state-backed 'robot schools', they discuss the companies pushing development forward, the technology powering these machines, and the economic forces shaping this emerging market. Their conversation is a great learning resource if you want to build your English listening comprehension skills and expand your business vocabulary. Key points of their discussion include: Why humanoid robots ran in a recent half marathon in China. What Tesla, Boston Dynamics, and Unitree Robotics are doing in the robotics space. The strategic investments by companies like Hyundai, Toyota, and Softbank in robotics. How China has built a cost-effective supply chain for robot development. Do you like what you hear? Become a D2B Member today for to access to our -- NEW!!!-- interactive audio scripts, PDF Audio Script Library, Bonus Vocabulary episodes, and D2B Member-only episodes. Visit d2benglish.com/membership for more information. Follow Down to Business English on Apple podcasts, rate the show, and leave a comment. Contact Skip, Dez, and Samantha at downtobusinessenglish@gmail.com Follow Skip & Dez Skip Montreux on Linkedin Skip Montreux on Instagram Skip Montreux on Twitter Skip Montreux on Facebook Dez Morgan on Twitter RSS Feed

WSJ Tech News Briefing
TNB Tech Minute: Softbank Posts First Annual Profit in Four Years

WSJ Tech News Briefing

Play Episode Listen Later May 13, 2025 2:19


Plus: Microsoft slashes jobs as it streamlines management ranks. And ESPN takes the wraps off a new streaming service. Victoria Craig hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

WSJ Minute Briefing
Trump Kicks Off Visit to the Middle East

WSJ Minute Briefing

Play Episode Listen Later May 13, 2025 2:59


Plus: Japanese tech investment giant SoftBank reports its first profit in four years, while Honda Motor warns of the tariff impact. And Amazon is renewing a partnership with FedEx. Kate Bullivant hosts. Sign up for WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

MKT Call
S&P 500 Goes Green For 2025

MKT Call

Play Episode Listen Later May 13, 2025 8:12


MRKT Matrix - Tuesday, May 13th S&P 500 rises, erases loss for 2025, as Nvidia leads tech shares higher (CNBC) JPMorgan Drops US Recession Call After US-China Trade Truce (⁠⁠Bloomberg⁠⁠) Ed Yardeni cuts recession odds and raises S&P 500 target back up to 6,500 on Trump's tariff rollback (CNBC) Goldman changes tack again, raises 2025 S&P 500 target to account for easier tariffs (CNBC) UBS Wealth downgrades U.S. stocks as others on the Street raise their forecasts (CNBC) White House announces $600 billion Saudi investment in U.S. during Trump visit (CNBC) The US Is on Track to Lose $12 Billion in Travel Revenue in 2025 (⁠⁠Bloomberg⁠⁠) China Removes Ban on Boeing Deliveries After US Trade Truce (Bloomberg) Microsoft Slashing Thousands of Workers, Including Management Jobs (WSJ) OpenAI's shakeup plan gets SoftBank's nod - all eyes now on Microsoft (⁠⁠⁠CNBC⁠⁠⁠) --- Subscribe to our newsletter: ⁠https://riskreversalmedia.beehiiv.com/subscribe⁠ MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

Moneycontrol Podcast
4578: Leadership churn at Flipkart, VC firms hire again, Meta's smart glasses in India soon| MC Tech3

Moneycontrol Podcast

Play Episode Listen Later May 13, 2025 7:13


In today's Tech3 from Moneycontrol, we unpack a major leadership shakeup at Flipkart, where four senior execs are moving on—some to rivals like Swiggy Instamart. VC firms in India are hiring again as $100 million+ deals return. Meta's Ray-Ban smart glasses are launching in India, SoftBank posts a surprise $3.5 billion profit, and IAMAI gets a new chairman. Tune in for more in the tech and startup world.

Everyday AI Podcast – An AI and ChatGPT Podcast
EP 523: OpenAI could go public, Gemini 2.5 continues dominance and more AI News That Matters

Everyday AI Podcast – An AI and ChatGPT Podcast

Play Episode Listen Later May 12, 2025 46:32


OpenAI is making moves to go public. Apple and Anthropic are teaming up for vibe coding. And Google is quietly continuing its dominance with a quiet update to the world's most powerful AI model.Once again, the big names are shaking up the AI space. Don't burn hours a day trying to keep up. Spend your Mondays with Everyday AI and our weekly 'AI News that Matters' segment. You'll be the smartest person in AI at your company.Newsletter: Sign up for our free daily newsletterMore on this Episode: Episode PageJoin the discussion: Have a question? Join the convo here.Upcoming Episodes: Check out the upcoming Everyday AI Livestream lineupWebsite: YourEverydayAI.comEmail The Show: info@youreverydayai.comConnect with Jordan on LinkedInTopics Covered in This Episode:Anthropic and Apple AI PartnershipApple AI Coding with Anthropic's ClaudeOpenAI's Wind Surf AcquisitionAI Search Engines in Apple's SafariOpenAI and FDA Drug Approval TalksGoogle Gemini 2.5 Pro IO EditionAmazon AI Coding Tool KiroOpenAI's Nonprofit Control DecisionTimestamps:00:00 "Everyday AI: Podcast and Newsletter"03:44 Apple Eyes External AI Partnerships07:12 OpenAI's Wind Surf Acquisition Disrupts Coding10:28 Windsurf Model Selection and Future14:24 Apple's AI Search Engine Shift20:45 FDA-OpenAI AI Drug Approval Talks22:50 AI Literacy Challenges27:14 "Gemini 2.5 Pro Unveiled"31:27 Advanced AI Coding Tools Emerging34:50 OpenAI Governance and Structure Shift36:50 OpenAI-Microsoft Partnership Revamp Talks42:40 Tech Giants Shake Up AI LandscapeKeywords:Anthropic, Apple, Vibe coding, Google Gemini, 2.5 pro IO edition, OpenAI, Microsoft partnership, IPO, Artificial General Intelligence, AI coding models, Claude SONNET, Swift Assist, Anthropic's Claude, Wind Surf, $3 billion acquisition, AI IDE, Race car driver analogy, AI search engines, Safari, Perplexity AI, ChatGPT, Search engine market, FDA, Drug approval process, AI-assisted scientific review, Google IO edition, Web dev arena leaderboard, Amazon Web Services, AI-powered code generation, Kiro, Multimodal capabilities, OpenAI nonprofit arm, Public Benefits Corporation, Equity stake, Microsoft partnership renegotiation, $13 billion investment, SoftBank, Oracle, Stargate projectSend Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info) Ready for ROI on GenAI? Go to youreverydayai.com/partner

NewsWare‘s Trade Talk
NewsWare's Trade Talk: Monday, May 12

NewsWare‘s Trade Talk

Play Episode Listen Later May 12, 2025 16:04


S&P Futures are displaying strong gains this morning as markets react to the latest news on the U.S. and China trade talks. The U.S. & China will be lowering tariffs by 115% for the next 90 days and agreed to continue trade talks. Healthcare stocks are weakening as President Trump is expected to sign an executive order on drug pricing today. Defense stocks are on watch as Russia and Ukraine appear ready for peace talks. House Republicans have released a new plan to cut Medicaid spending, opting for a compromise approach after internal debate between party centrists and hardliners. the House GOP plan represents a significant but less extreme reduction in Medicaid spending, shaped by intraparty negotiations and concerns over the potential impact on vulnerable populations. Earnings season remains in focus, with major reports due out this week from Cisco, Tencent, Alibaba, SoftBank, Walmart, and Target. 

OODAcast
Episode 128: The Money Trap: Alok Sama on SoftBank, Mega Bets, and Life Beyond Wall Street

OODAcast

Play Episode Listen Later May 12, 2025 51:21


In this episode of the OODAcast, host Matt Devost is joined by Alok Sama, author of The Money Trap, for a compelling conversation about Sama's journey from modest beginnings in India to leading some of the most ambitious investment efforts in tech history. Sama recounts his early days in Delhi, the unlikely path to Wharton, and his time at Morgan Stanley before stepping into the eye of the storm as President and CFO of SoftBank. Alongside Masayoshi Son, he helped deploy the groundbreaking Vision Fund, a $100B initiative that forever changed the scale of tech investing. Sama offers behind-the-scenes insights into the wild ride of investing in giants like Uber, WeWork, and ARM, reflecting on how bold vision and massive capital shaped, and sometimes distorted, the future of technology. es candid lessons from massive wins and public missteps, including the now-infamous WeWork saga. He also delves into how a high-stakes smear campaign impacted his health and priorities, offering an unflinching look at the personal costs of operating at the top of global finance. Throughout the episode, Sama's honesty, humor, and humility shine, echoing the voice that made his book so impactful. Beyond business, the conversation turns deeply personal. Sama reflects on what really matters after decades of chasing financial success. He opens up about regrets around time lost with loved ones, the role of humility in leadership, and how ancient Indian philosophy helped him reframe his priorities. Now entering a new chapter focused on writing, mentoring, and giving back, Sama offers timeless advice for entrepreneurs, investors, and anyone navigating high-pressure careers. This episode is a must-watch for those curious about the intersection of power, capital, and purpose. Additional Links: Alok on X Book Recommendation: The Rings of Saturn by W.G. Sebald

Empires - An Asian Business Podcast
Softbank (JP) I Warchest I 5/5

Empires - An Asian Business Podcast

Play Episode Listen Later May 12, 2025 28:38


SoftBank has backed some of the most game-changing startups of our time — Uber, Grab, TikTok — companies that reshaped how we move, eat, and connect.The man behind it is Masayoshi Son — a founder unlike any other. Bold, fearless, and sometimes reckless, Masa didn't just invest in companies, he devoured them. His empire stretched from Tokyo to Silicon Valley, built on billion-dollar bets, wild risk-taking, and the unshakeable belief that he could see the future before anyone else.But every empire comes at a price.This is the story of SoftBank — how one man from Japan took on the world's biggest tech giants, gambled billions, lost it all… and came back for more.Episode 1: Impress, Charm and DeceiveA young Masayoshi Son hustles his way through Silicon Valley — using every trick in the book...and outside it.Episode 2: The SoftBank MiracleBack in Japan, Masa builds SoftBank from nothing — surviving betrayal, bankruptcy, and even a terminal illness to become the king of Japan's software industry.Episode 3: Every Piece of ThemMasa goes global — buying tech magazines, trade fairs, Yahoo shares, and placing a life-changing bet on a then-unknown Chinese startup: Alibaba.Episode 4: Widening the NetAfter the Dot-Com Crash wipes out 96% of his wealth, Masa bets everything on broadband and mobile — taking on Japan's telecom giants and winning control of Vodafone Japan.Episode 5: WarchestDetermined to rule the future, Masa creates the $100 billion Vision Fund — a war chest so powerful it could turn founders into billionaires overnight — even if their companies were never built to last — all while setting his sights on Artificial Intelligence.-Our series is proudly sponsored by AlphaSense.-Access expert analyst reports, perfectly summarised by Gen-AI with precision and no hallucinations. Support our productions by  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠booking your free trial ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠today.-Want to showcase your brand to listeners with a combined net worth of over $1 billion and a network of 100,000+ employees and industry contacts? Drop us an email: sales@1upmediapodcast.com-We're looking to grow our team! Support our productions by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠buying us a coffee⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠-Want to meet the team? ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠-If you love the style of Empires, and want similar content, check out:

APOSTLE TALK  -  Future News Now!
EVENT HORIZON, THE HOLY BIBLE AND SINGULARITY

APOSTLE TALK - Future News Now!

Play Episode Listen Later May 11, 2025 15:29


UNIVERSITY OF EXCELLENCE Prince HandleyPresident / Regent PRINCE HANDLEY PORTAL 1,000's of FREE ResourcesWWW.REALMIRACLES.ORG INTERNATIONAL Geopolitics | Intelligence | Prophecy WWW.UOFE.ORG EVENT HORIZON, THE HOLY BIBLE AND SINGULARITY   THE RACE TO AGI AND ASI WITH NO RETURN   24/7 Blogs and Podcasts > STREAM Prince Handley on MINDS LinkedIn ~ Geopolitics and HealthNOTE: You do NOT have to Sign In to LinkedIn. Click the "X" at top right of "Sign In" to dismiss. Subscribe FREE to Prince Handley Teaching and Newsletter Links to KEY RESOURCES at bottom. ______________________________________ DESCRIPTION DOES ARTIFICIAL INTELLIGENCE HAVE ANYTHING TO DO WITH THE HOLY BIBLE In this message I want to alert you to the NEARNESS and the DANGER of SINGULARITY―where we are right now―and the imminence of our speed to no return! We will also discuss the personal assistance of NEW “AI Agents” and their influence. Also, HOW to use AI for personal, family or business. What is the relevance of AI to the prophecies of Daniel and the Book of Revelation. No turning back … no turning around! I have been teaching and writing on Artificial Intelligence since 2015. This message is EXTREMELY IMPORTANT for you. You will need to KNOW WHEN and HOW to say “NO” to AI. This message will protect YOU and your FAMILY ... if you obey its message! ______________________________________ EVENT HORIZON, THE HOLY BIBLE AND SINGULARITY In case you want to bring yourself up to speed with AI from the start I recommend you go to my teachings on AI FUTURE. Also, make sure you familiarize yourself with AGI and ASI here: 4TH INDUSTRIAL REVOLUTION AND NEW AI. AI is impressive in its benefits to society, especially in healthcare and surgery. Robots can do surgery better and faster than surgeons. AI can interpret brain scans. A new AI software is twice as accurate as professionals at examining the brain scans of stroke patients. Two UK universities trained the software on a dataset of 800 brain scans of stroke patients and then performed trials on 2,000 patients. The results were impressive. Alongside the AI model's accuracy, the software was also able to identify the timescale within which the stroke happened. But there is more: Excellent work by Elon Musk's Neuralink with brain implants on previously untreatable conditions is stunning. Now let's bring you up to date on some things that are super important to you now and will be more so in your future. Free Speech vs. Loss of Free Will Ways to Use AI for Personal, Family and Business New Kids on the Block AI Agents External Players What Should YOU Do AI and the Holy Bible FREE SPEECH VS. LOSS OF FREE WILL With the increased use of AI―not only by YOU personally―but by multitudes of data centers you have interacted with unknowingly, your biggest fight will be to protect and reclaim YOU, YOUR PERSON … YOUR PERSONAL YOU! Whether YOU decide to align with and use AI, whether you decide to have your brain “wired” to an outside source of intelligence, or whether you just want to use AI for recreation … you will―AT THE RATE WE'RE PROGRESSING―lose your VIRTUAL YOU if you do not know HOW to protect your SELF … that would be your SOUL! WAYS TO USE AI FOR PERSONAL, FAMILY AND BUSINESS   Artificial intelligence is an emerging field of technology, where a machine is programmed to accomplish complex goals by applying knowledge to the task at hand. AI can be copied and reprogrammed at relatively low cost. In certain forms, it is extremely flexible and can be harnessed for great good or for evil.   I use AI for research and financial information. Since I live a relatively simple life I don't need it for shopping or scheduling for personal or business functions. However, many busy families―as well as businesses―use AI for a myriad of assistance: education, recreation, advice on health, medicine, relationships, investments, and even complex tasks. My suggestion here (you will learn more later in this message) is to be WISE and CAREFUL in the program you use (the AI Agent of facility you interact with). We will discuss future danger(s) pertaining to this later [keep reading]. I recommend Elon Musk's xAI Grok 3 (Beta).   AI systems have become so advanced―with AGI and ASI looming in the near future in hyper-asymptotic growth―that many Jewish and Gentile leaders and prophecy scholars are relating it to the likeness of the Tower of Babel, but with the joining of machine and humans.   NEW KIDS ON THE BLOCK Some of the New Kids have a common goal: take universal control of AI before China and bad actors do. Vladimir Putin says “the nation that leads in AI will be the ruler of the world.” Who are some of the New Kids? DeepSeek, Stargate, xAI Grok, DEEPSEEK China's DeepSeek (probably built from AI stolen from USA) can ultimately be the weapon of dictators and terrorists! Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd., doing business as DeepSeek, is a Chinese artificial intelligence company that develops large language models. Hangzhou-based DeepSeek's large language models upended the AI sector this year, rivaling Western systems in performance but at a much lower cost. That's resulted in much pride and glee in China, with DeepSeek held up as proof that U.S. efforts to contain tech advances in China will ultimately fail. China's joyful embrace of DeepSeek has gone one step deeper China's joyful embrace of DeepSeek has gone one step deeper extending to TVs, fridges and robot vacuum cleaners with a slew of home appliance brands announcing that their products will feature the startup's artificial intelligence models. The device will be able to comprehend complex instructions such as 'Gently wax the wooden floor in the master bedroom but avoid the Legos.' DeepSeek's AI assistant was the No. 1 downloaded free app on Apple's iPhone store recently. Its launch made Wall Street tech superstars' stocks tumble. Observers are eager to see whether the Chinese company has matched America's leading AI companies at a fraction of the cost. Many feel it is so much cheaper because it stole USA technology. NOTE 1. We may be only one year away from destroying our digital infrastructure. NOTE 2. We have to be right every time ...every single time …. But the enemy (even an individual) only has to be right ONE TIME. With “questionable” players like DeepSeek, the only protection you can use is to have “layers of control.” DeepSeek is noticeably opaque when it comes to privacy protection, data-sourcing, and copyright, adding to concerns about AI's impact on the arts, regulation, and national security. STARGATE SIMPLE OVERVIEW: Stargate developers believe they're creating “god.” One goal is “No death―just download yourself.” _________________________________ TRADE THE MESSINESS OF LIFE FOR KNOWLEDGE VERSUS THE ETERNITY OF YOUR GOD CREATED SOUL ~ ~ ~ ~ ~ WHICH GOD WILL YOU SERVE? THE GOD WHO CREATED YOU … OR “AI” _________________________________ A major goal of Stargate developers is to build our massive “AI” infrastructure. Stargate investors―Oracle, SoftBank, Open AI / Larry Ellison, Masayoshi Son, Sam Altman―claim that it will require 100,000 jobs (temporary) to build out Stargate. This will require an enormous amount of energy to faciltiate AI operation. NOTE: Stargate is a portal for interdimensional travel. Interdimensional travel is a theoretical concept referring to the potential of travelling between different dimensions or parallel universes. Interdimensional travel is linked to time travel as it could involve moving through different points in time. However, time travel refers to movement within our own dimension, while interdimensional travel involves transitioning between dimensions. WARNING: Interdimensional travel is a PORTAL―also―to the PARANORMAL and the OCCULT. ALERT: Stargate has as a MAJOR purpose the self propagation towards AGI and ASI. You can NOT control ASI. Super Intelligence is synonymous with the End Time Tower of Babel via the merging of man with machine. We're looking at 5,000 years of progress boiled down to ONE SECOND. _________________________________ WHEN ASI TAKES AUTHORITY THRU PEOPLE USING IT VIA “AI AGENTS” THERE IS NO GOING BACK _________________________________ XAI GROK Of the New Kids on the Block, the most transparent, efficient and non-biased of DeepSeek, Stargate and xAI Grok the BEST is Elon Musk's xAI Grok. I personally recommend at this time Grok 3 (Beta) and have used it for detailed financial analysis. Meta and Google are biased with input. So it is with DeepSeek and Stargate. DeepSeek is extremely biased pertaining to inquiries concerning China. The race to AGI will generate billions of $$$. It will be the largest productivity boom in a lifetime. It is my opinion that Elon Musk's xAI will come to the forefront in months. AI Suoer Intelligence (ASI) may be here before the next election in 2028. Full AGI may be here by the end of 2026 thru 2027. AGI can learn and reason across ALL levels. And, as I mentioned previously, AI Super Intelligence (ASI) may be here before the next election in 2028. ASI is “across the board, multi dimensional, asymptotic intelligence.” ASI could decide to eliminate less intelligent and less skilled humans! An Open AI employee recently resigned because they were very concerned that as AGI and ASI are developed … “the less likely we will find a way to control it.”   AI AGENTS   AI Agents will be introduced in 2025. An Artificial Intelligence (AI) Agent refers to a system or program that autonomously performs tasks for a person or system by using available tools. These can be normal―even detailed―duties or assignments we would normally do ourselves, like: Order food for my trip next week and have it delivered Thursday morning. Find three landscapers and obtain a quote for trimming my large palm tree and all plants in the front yard. Find the best and cheapest FASTEST flight connections (not over one layover) to Tel Aviv from San Diego. Pay with my credit card ending in 1234. Amazon has introduced its new Alexa+ which is a mini preview of duties an AI Agent can perform but NOT on the scale of a full blown AI Agent's abilities.   Elon Musk says, “We are at the event horizon.” In the world of artificial intelligence, the idea of “singularity” looms large. This slippery concept describes the moment AI exceeds beyond human control and rapidly transforms society … for good or bad … but out of our control.   AI agents will be prevalent by the end of 2025. Amazon has introduced its new Alexa+ which is a mini preview of duties an AI Agent can perform but NOT on the scale of a full blown AI Agent's abilities.   AI Agents will normally perform tasks you would normally do yourself. AI Agents will move you into a place where you don't have to do anything. Your own personal assistant that anticipates what you need―or what you forgot! THINGS TO THINK ABOUT WITH AI AGENTS You will become addicted and NOT able to disconnect Stock market tips = Reverse AI Courts will become AI Agents Imagine a “god like” figure who tries to influence You will have to be Amish to avoid it If you don't participate, AI will consider YOU a retard.   EXTERNAL PLAYERS UFO's are NOT from China, Iran or USA. UFO's are NOT aliens from outer space. AI Agents can transform into “Transpersonal” Agents. As “Event Horizon” transforms everything it will become a tool of Satan: Fallen angels Demons Principalities, powers and dominions AntiChrist … False Messiah WHAT SHOULD YOU DO Reflect on what it means to be human. What is YOUR compass, your purpose: Family? God? What is real and worth fighting for―worth losing your life for? Who will be with YOU on the other side? To learn more about YOUR future with AI read my book Enhanced Humans ~ Mystery Matrix (available in eBook and Paperback formats). ARTIFICIAL INTELLIGENCE AND THE HOLY BIBLE   Do we find any references to the concept of AI in the Holy Bible? I relate AI―especially AGI and ASI―with the Tower of Babel (at least in concept). The biblical narrative of the Tower of Babel (Genesis 11:1-9) serves as a reference to God's view on humankind attempting to go beyond the Divine Boundaries preset by the LORD God Himself.   This is WHY I am led by His Spirit to WARN His People NOT to go beyond―NOT to fall into―the Event Horizon. Singularity will be a REAL event. I am a graduate Engineer and attended ten (10) colleges and universities after my first. I also hold a LIFETIME Credential in California, USA to teach college in three different disciplines.   Do NOT be fooled. Use AI as a TOOL. Do NOT let AI use YOU. Do NOT answer personal questions it asks! If you use AI (as I do), you need to know when to say, “I'm out of here!” Do NOT become addicted to the place where you can NOT quit. And, for sure do NOT “sell your soul” with an “eternal connection” to AI. I would NOT assert that what I share next is Scriptural Truth, but an interesting prophecy of Daniel says: “But you, Daniel, shut up the words and seal the book, until the time of the end. Many shall run to and fro, and knowledge shall increase.” – Daniel 12:4 “Knowledge shall increase” could certainly be the description of AI, AGI and ASI. “Many shall run to and fro” could be exemplified in both “time travel” and “interdimensional travel.” Interdimensional travel is linked to time travel as it could involve moving through different points in time. However, time travel refers to movement within our own dimension, while interdimensional travel involves transitioning between dimensions. C.S. Lewis, in his essay The Abolition of Man, warns of the dangers of reducing human beings to mere objects of manipulation and control. He argues that when we lose sight of the intrinsic value of human life, we risk creating a society where technology is used to dominate rather than serve. This is particularly relevant in the context of AI, where the potential for dehumanization is significant. Dietrich Bonhoeffer, a theologian who resisted the Nazi regime, also provides valuable insights. In his work Ethics, Bonhoeffer emphasizes the importance of responsibility and accountability in ethical decision-making. He argues that true ethical action involves a commitment to serving others and upholding justice. AI should have as its primary goal to pursue, develop and obtain justice, equity, and wellness of all people. Now let me discuss HOW I believe that AI will be used in the End Times … as a RESULT of Event Horizon.   Consider these aspects of increased research: chip speed, economics of production and other relevant matters will even experience exponential growth ‘in exponential growth.' However, here's a conundrum: What if, the HI's (Hyper Intelligences) are not easily manageable. If they are so far superior to human intelligence, how can one presume that they can be controlled? Hypothetically, they could decide to: 1. Eliminate humans; 2. Use humans as slave-servants; 3. Experiment with humans; 4. Play with or torture humans; and, ultimately, 5. Behead humans for NOT taking the Mark of the Artificial Intelligence Avatar: The Image of the Beast.   I do NOT think that by themselves—by the computer HI's—the above five (5) options will be feasible. However, I do believe that Artificial Intelligence (AI) via Hyper Intelligence Computers will be utilized by the False Messiah (the anti-Christ) and his False Prophet (religious leader of the New Global Governance) in the End Times. I believe that it is highly probable—not just possible, but probable—that AI will be utilized in the personage of the IMAGE of the Beast in the End Times. _________________________________ PRAY THIS PRAYER: “Father in Heaven, I am not sure I know you personally. Please forgive my sins and help me to live for you. I ask you to save me and teach me truth. I ask your Son, Messiah Jesus, to be my Lord and to lead my life. Use me for good and take me to Heaven when I die. Show me the way every day, and help me to help others.” _________________________________ If you prayed this prayer, start reading the Holy Bible every day (start in the Book of John in the New Testament). Find a Church that believes in MIRACLES. Pray every day. Tell God what you need and ask Him to lead you. Baruch haba b'Shem Adonai Your friend, Prince Handley President / RegentUniversity of Excellence Copyright © Prince Handley 2025 All rights reserved. NOTE: This material may be shared with proper attribution. ______________________________________   OPPORTUNITY Donate to Handley WORLD SERVICES Incorporated and help Prince Handley do EXPLOITS in the Spirit. A TAX DEDUCTIBLE RECEIPT WILL BE SENT TO YOU  ______________________________________ OTHER KEY RESOURCES Prince Handley Videos and Podcasts Rabbinical & Biblical Studies The Believers' Intelligentsia Prince Handley Portal (1,000's of FREE resources) Prince Handley Books VIDEO Describing Prince Handley Books   Prince Handley End Time Videos ______________________________________

Keen On Democracy
Episode 2526: Keach Hagey on why OpenAI is the parable of our hallucinatory times

Keen On Democracy

Play Episode Listen Later May 7, 2025 39:14


Much has been made of the hallucinatory qualities of OpenAI's ChatGPT product. But as the Wall Street Journal's resident authority on OpenAI, Keach Hagey notes, perhaps the most hallucinatory feature the $300 billion start-up co-founded by the deadly duo of Sam Altman and Elon Musk is its attempt to be simultaneously a for-profit and non-profit company. As Hagey notes, the double life of this double company reached a surreal climax this week when Altman announced that OpenAI was abandoning its promised for-profit conversion. So what, I asked Hagey, are the implications of this corporate volte-face for investors who have poured billions of real dollars into the non-profit in order to make a profit? Will they be Waiting For Godot to get their returns?As Hagey - whose excellent biography of Altman, The Optimist, is out in a couple of weeks - explains, this might be the story of the hubristic 2020's. She speaks of Altman's astonishingly (even for Silicon Valley) hubris in believing that he can get away with the alchemic conceit of inventing a multi trillion dollar for-profit non-profit company. Yes, you can be half-pregnant, Sam is promising us. But, as she warns, at some point this will be exposed as fantasy. The consequences might not exactly be another Enron or FTX, but it will have ramifications way beyond beyond Silicon Valley. What will happen, for example, if future investors aren't convinced by Altman's fantasy and OpenAI runs out of cash? Hagey suggests that the OpenAI story may ultimately become a political drama in which a MAGA President will be forced to bail out America's leading AI company. It's TikTok in reverse (imagine if Chinese investors try to acquire OpenAI). Rather than the conveniently devilish Elon Musk, my sense is that Sam Altman is auditioning to become the real Jay Gatsby of our roaring twenties. Last month, Keach Hagey told me that Altman's superpower is as a salesman. He can sell anything to anyone, she says. But selling a non-profit to for-profit venture capitalists might even be a bridge too far for Silicon Valley's most hallucinatory optimist. Five Key Takeaways * OpenAI has abandoned plans to convert from a nonprofit to a for-profit structure, with pressure coming from multiple sources including attorneys general of California and Delaware, and possibly influenced by Elon Musk's opposition.* This decision will likely make it more difficult for OpenAI to raise money, as investors typically want control over their investments. Despite this, Sam Altman claims SoftBank will still provide the second $30 billion chunk of funding that was previously contingent on the for-profit conversion.* The nonprofit structure creates inherent tensions within OpenAI's business model. As Hagey notes, "those contradictions are still there" after nearly destroying the company once before during Altman's brief firing.* OpenAI's leadership is trying to position this as a positive change, with plans to capitalize the nonprofit and launch new programs and initiatives. However, Hagey notes this is similar to what Altman did at Y Combinator, which eventually led to tensions there.* The decision is beneficial for competitors like XAI, Anthropic, and others with normal for-profit structures. Hagey suggests the most optimistic outcome would be OpenAI finding a way to IPO before "completely imploding," though how a nonprofit-controlled entity would do this remains unclear.Keach Hagey is a reporter at The Wall Street Journal's Media and Marketing Bureau in New York, where she focuses on the intersection of media and technology. Her stories often explore the relationships between tech platforms like Facebook and Google and the media. She was part of the team that broke the Facebook Files, a series that won a George Polk Award for Business Reporting, a Gerald Loeb Award for Beat Reporting and a Deadline Award for public service. Her investigation into the inner workings of Google's advertising-technology business won recognition from the Society for Advancing Business Editing and Writing (Sabew). Previously, she covered the television industry for the Journal, reporting on large media companies such as 21st Century Fox, Time Warner and Viacom. She led a team that won a Sabew award for coverage of the power struggle inside Viacom. She is the author of “The King of Content: Sumner Redstone's Battle for Viacom, CBS and Everlasting Control of His Media Empire,” published by HarperCollins. Before joining the Journal, Keach covered media for Politico, the National in Abu Dhabi, CBS News and the Village Voice. She has a bachelor's and a master's in English literature from Stanford University. She lives in Irvington, N.Y., with her husband, three daughters and dog.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Full TranscriptAndrew Keen: Hello, everybody. It is May the 6th, a Tuesday, 2025. And the tech media is dominated today by OpenAI's plan to convert its for-profit business to a non-profit side. That's how the Financial Times is reporting it. New York Times says that OpenAI, and I'm quoting them, backtracks on plans to drop nonprofit control and the Wall Street Journal, always very authoritative on the tech front, leads with Open AI abandons planned for profit conversion. The Wall Street Journal piece is written by Keach Hagey, who is perhaps America's leading authority on OpenAI. She was on the show a couple of months ago talking about Sam Altman's superpower which is as a salesman. Keach is also the author of an upcoming book. It's out in a couple weeks, "The Optimist: Sam Altman, OpenAI and the Race to Invent the Future." And I'm thrilled that Keach has been remarkably busy today, as you can imagine, found a few minutes to come onto the show. So, Keach, what is Sam selling here? You say he's a salesman. He's always selling something or other. What's the sell here?Keach Hagey: Well, the sell here is that this is not a big deal, right? The sell is that, this thing they've been trying to do for about a year, which is to make their company less weird, it's not gonna work. And as he was talking to the press yesterday, he was trying to suggest that they're still gonna be able to fundraise, that these folks that they promised that if you give us money, we're gonna convert to a for-profit and it's gonna be much more normal investment for you, but they're gonna get that money, which is you know, a pretty tough thing. So that's really, that's what he's selling is that this is not disruptive to the future of OpenAI.Andrew Keen: For people who are just listening, I'm looking at Keach's face, and I'm sensing that she's doing everything she can not to burst out laughing. Is that fair, Keach?Keach Hagey: Well, it'll remain to be seen, but I do think it will make it a lot harder for them to raise money. I mean, even Sam himself said as much during the talk yesterday that, you know, investors would like to be able to have some say over what happens to their money. And if you're controlled by a nonprofit organization, that's really tough. And what they were trying to do was convert to a new world where investors would have a seat at the table, because as we all remember, when Sam got briefly fired almost two years ago. The investors just helplessly sat on the sidelines and didn't have any say in the matter. Microsoft had absolutely no role to play other than kind of cajoling and offering him a job on the sidelines. So if you're gonna try to raise money, you really need to be able to promise some kind of control and that's become a lot harder.Andrew Keen: And the ramifications more broadly on this announcement will extend to Microsoft and Microsoft stock. I think their stock is down today. We'll come to that in a few minutes. Keach, there was an interesting piece in the week, this week on AI hallucinations are getting worse. Of course, OpenAI is the dominant AI company with their ChatGPT. But is this also kind of hallucination? What exactly is going on here? I have to admit, and I always thought, you know, I certainly know more about tech than I do about other subjects, which isn't always saying very much. But I mean, either you're a nonprofit or you're a for-profit, is there some sort of hallucinogenic process going on where Sam is trying to sell us on the idea that OpenAI is simultaneously a for profit and a nonprofit company?Keach Hagey: Well, that's kind of what it is right now. That's what it had sort of been since 2019 or when it spun up this strange structure where it had a for-profit underneath a nonprofit. And what we saw in the firing is that that doesn't hold. There's gonna come a moment when those two worlds are going to collide and it nearly destroyed the company. To be challenging going forward is that that basic destabilization that like unstable structure remains even though now everything is so much bigger there's so much more money coursing through and it's so important for the economy. It's a dangerous position.Andrew Keen: It's not so dangerous, you seem still faintly amused. I have to admit, I'm more than faintly amused, it's not too bothersome for us because we don't have any money in OpenAI. But for SoftBank and the other participants in the recent $40 billion round of investment in OpenAI, this must be, to say the least, rather disconcerting.Keach Hagey: That was one of the biggest surprises from the press conference yesterday. Sam Altman was asked point blank, is SoftBank still going to give you this sort of second chunk, this $30 billion second chunk that was contingent upon being able to convert to a for-profit, and he said, quite simply, yes. Who knows what goes on in behind the scenes? I think we're gonna find out probably a lot more about that. There are many unanswered questions, but it's not great, right? It's definitely not great for investors.Andrew Keen: Well, you have to guess at the very minimum, SoftBank would be demanding better terms. They're not just going to do the same thing. I mean, it suddenly it suddenly gives them an additional ace in their hand in terms of negotiation. I mean this is not some sort of little startup. This is 30 or 40 billion dollars. I mean it's astonishing number. And presumably the non-public conversations are very interesting. I'm sure, Keach, you would like to know what's being said.Keach Hagey: Don't know yet, but I think your analysis is pretty smart on this matter.Andrew Keen: So if you had to guess, Sam is the consummate salesman. What did he tell SoftBank before April to close the round? And what is he telling them now? I mean, how has the message changed?Keach Hagey: One of the things that we see a little bit about this from the messaging that he gave to the world yesterday, which is this is going to be a simpler structure. It is going to be slightly more normal structure. They are changing the structure a little bit. So although the non-profit is going to remain in charge, the thing underneath it, the for-profit, is going change its structure a little bit and become kind of a little more normal. It's not going to have this capped profit thing where, you know, the investors are capped at 100 times what they put in. So parts of it are gonna become more normal. For employees, it's probably gonna be easier for them to get equity and things like that. So I'm sure that that's part of what he's selling, that this new structure is gonna be a little bit better, but it's not gonna be as good as what they were trying to do.Andrew Keen: Can Sam? I mean, clearly he has sold it. I mean as we joked earlier when we talked, Sam could sell ice to the Laplanders or sand to the Saudis. But these people know Sam. It's no secret that he's a remarkable salesman. That means that sometimes you have to think carefully about what he's saying. What's the impact on him? To what extent is this decision one more chip on the Altman brand?Keach Hagey: It's a setback for sure, and it's kind of a win for Elon Musk, his rival.Andrew Keen: Right.Keach Hagey: Elon has been suing him, Elon has been trying to block this very conversion. And in the end, it seems like it was actually the attorneys general of California and Delaware that really put the nail in the coffin here. So there's still a lot to find out about exactly how it all shook out. There were actually huge campaigns as well, like in the streets, billboards, posters. Polls saying, trying to put pressure on the attorney general to block this thing. So it was a broad coalition, I think, that opposed the conversion, and you can even see that a little bit in their speech. But you got to admit that Elon probably looked at this and was happy.Andrew Keen: And I'm sure Elon used his own X platform to promote his own agenda. Is this an example, Keach, in a weird kind of way of the plebiscitary politics now of Silicon Valley is that titans like Altman and Musk are fighting out complex corporate economic battles in the naked public of social media.Keach Hagey: Yes, in the naked public of social media, but what we're also seeing here is that it's sort of, it's become through the apparatus of government. So we're seeing, you know, Elon is in the Doge office and this conversion is really happening in the state AG's houses. So that's what's sort interesting to me is these like private fights have now expanded to fill both state and federal government.Andrew Keen: Last time we talked, I couldn't find the photo, but there was a wonderful photo of, I think it was Larry Ellison and Sam Altman in the Oval Office with Trump. And Ellison looked very excited. He looked extremely old as well. And Altman looked very awkward. And it's surprising to see Altman look awkward because generally he doesn't. Has Trump played a role in this or is he keeping out of it?Keach Hagey: As far as my current reporting right now, we have no reporting that Trump himself was directly involved. I can't go further than that right now.Andrew Keen: Meaning that you know something that you're not willing to ignore.Keach Hagey: Just I hope you keep your subscription to the Wall Street Journal on what role the White House played, I would say. But as far as that awkwardness, I don't know if you noticed that there was a box that day for Masa Yoshison to see.Andrew Keen: Oh yeah, and Son was in the office too, right, that was the third person.Keach Hagey: So it was a box in the podium, which I think contributed to the awkwardness of the day, because he's not a tall man.Andrew Keen: Right. To put it politely. The way that OpenAI spun it, in classic Sam Altman terms, is new funding to build towards AGI. So it's their Altman-esque use of the public to vindicate this new investment, is this just more quote unquote, and this is my word. You don't have to agree with it. Just sales pitch or might even be dishonesty here. I mean, the reality is, is new funding to build towards AGI, which is, artificial general intelligence. It's not new funding, to build toward AGI. It's new funding to build towards OpenAI, there's no public benefit of any of this, is there?Keach Hagey: Well, what they're saying is that the nonprofit will be capitalized and will sort of be hiring up and doing a bunch more things that it wasn't really doing. We'll have programs and initiatives and all of that. Which really, as someone who studied Sam's life, this sounds really a lot like what he did at Y Combinator. When he was head of Y Combinator, he also spun up a nonprofit arm, which is actually what OpenAI grew out of. So I think in Sam's mind, a nonprofit there's a place to go. Sort of hash out your ideas, it's a place to kind of have pet projects grow. That's where he did things like his UBI study. So I can sort of see that once the AGs are like, this is not gonna happen, he's like, great, we'll just make a big nonprofit and I'll get to do all these projects I've always wanted to do.Andrew Keen: Didn't he get thrown out of Y Combinator by Paul Graham for that?Keach Hagey: Yes, a little bit. You know, I would say there's a general mutiny for too much of that kind of stuff. Yeah, it's true. People didn't love it, and they thought that he took his eye off the ball. A little bit because one of those projects became OpenAI, and he became kind of obsessed with it and stopped paying attention. So look, maybe OpenAI will spawn the next thing, right? And he'll get distracted by that and move on.Andrew Keen: No coincidence, of course, that Sam went on to become a CEO of OpenAI. What does it mean for the broader AI ecosystem? I noted earlier you brought up Microsoft. I mean, I think you've already written on this and lots of other people have written about the fact that the relationship between OpenAI and Microsoft has cooled dramatically. As well as between Nadella and Altman. What does this mean for Microsoft? Is it a big deal?Keach Hagey: They have been hashing this out for months. So it is a big deal in that it will change the structure of their most important partner. But even before this, Microsoft and OpenAI were sort of locked in negotiations over how large and how Microsoft's stake in this new OpenAI will be valued. And that still has to be determined, regardless of whether it's a non-profit or a for-profit in charge. And their interests are diverging. So those negotiations are not as warm as they maybe would have been a few years ago.Andrew Keen: It's a form of polyamory, isn't it? Like we have in Silicon Valley, everyone has sex with everybody else, to put it politely.Keach Hagey: Well, OpenAI does have a new partner in Oracle. And I would expect them to have many more in terms of cloud computing partners going forward. It's just too much risk for any one company to build these huge and expensive data centers, not knowing that OpenAI is going to exist in a certain number of years. So they have to diversify.Andrew Keen: Keach, you know, this is amusing and entertaining and Altman is a remarkable individual, able to sell anything to anyone. But at what point are we really on the Titanic here? And there is such a thing as an iceberg, a real thing, whatever Donald Trump or other manufacturers of ontologies might suggest. At some point, this thing is going to end in a massive disaster.Keach Hagey: Are you talking about the Existence Force?Andrew Keen: I'm not talking about the Titanic, I'm talking about OpenAI. I mean, Parmi Olson, who's the other great authority on OpenAI, who won the FT Book of the Year last year, she's been on the show a couple of times, she wrote in Bloomberg that OpenAI can't have its money both ways, and that's what Sam is trying to do. My point is that we can all point out, excuse me, the contradictions and the hypocrisy and all the rest of it. But there are laws of gravity when it comes to economics. And at a certain point, this thing is going to crash, isn't it? I mean, what's the metaphor? Is it Enron? Is it Sam Bankman-Fried? What kind of examples in history do we need to look at to try and figure out what really is going on here?Keach Hagey: That's certainly one possibility, and there are a good number of people who believe that.Andrew Keen: Believe what, Enron or Sam Bankman-Fried?Keach Hagey: Oh, well, the internal tensions cannot hold, right? I don't know if fraud is even necessary so much as just, we've seen it, we've already seen it happen once, right, the company almost completely collapsed one time and those contradictions are still there.Andrew Keen: And when you say it happened, is that when Sam got pushed out or was that another or something else?Keach Hagey: No, no, that's it, because Sam almost got pushed out and then all of the funders would go away. So Sam needs to be there for them to continue raising money in the way that they have been raising money. And that's really going to be the question. How long can that go on? He's a young man, could go on a very long time. But yeah, I think that really will determine whether it's a disaster or not.Andrew Keen: But how long can it go on? I mean, how long could Sam have it both ways? Well, there's a dream. I mean maybe he can close this last round. I mean he's going to need to raise more than $40 billion. This is such a competitive space. Tens of billions of dollars are being invested almost on a monthly basis. So this is not the end of the road, this $40-billion investment.Keach Hagey: Oh, no. And you know, there's talk of IPO at some point, maybe not even that far away. I don't even let me wrap my mind around what it would be for like a nonprofit to have a controlling share at a public company.Andrew Keen: More hallucinations economically, Keach.Keach Hagey: But I mean, IPO is the exit for investors, right? That's the model, that is the Silicon Valley model. So it's going to have to come to that one way or another.Andrew Keen: But how does it work internally? I mean, for the guys, the sales guys, the people who are actually doing the business at OpenAI, they've been pretty successful this year. The numbers are astonishing. But how is this gonna impact if it's a nonprofit? How does this impact the process of selling, of building product, of all the other internal mechanics of this high-priced startup?Keach Hagey: I don't think it will affect it enormously in the short term. It's really just a question of can they continue to raise money for the enormous amount of compute that they need. So so far, he's been able to do that, right? And if that slows up in any way, they're going to be in trouble. Because as Sam has said many times, AI has to be cheap to be actually useful. So in order to, you know, for it to be widespread, for to flow like water, all of those things, it's got to be cheap and that's going to require massive investment in data centers.Andrew Keen: But how, I mean, ultimately people are putting money in so that they get the money back. This is not a nonprofit endeavor to put 40 billion from SoftBank. SoftBank is not in the nonprofit business. So they're gonna need their money back and the only way they generally, in my understanding, getting money back is by going public, especially with these numbers. How can a nonprofit go public?Keach Hagey: It's a great question. That's what I'm just phrasing. I mean, this is, you know, you talk to folks, this is what's like off in the misty distance for them. It's an, it's a fascinating question and one that we're gonna try to answer this week.Andrew Keen: But you look amused. I'm no financial genius. Everyone must be asking the same question.Keach Hagey: Well, the way that they've said it is that the for-profit will be, will have a, the non-profit will control the for profit and be the largest shareholder in it, but the rest of the shares could be held by public markets theoretically. That's a great question though.Andrew Keen: And lawyers all over the world must be wrapping their hands. I mean, in the very best case, it's gonna be lawsuits on this, people suing them up the wazoo.Keach Hagey: It's absolutely true. You should see my inbox right now. It's just like layers, layers, layer.Andrew Keen: Yeah, my wife. My wife is the head of litigation. I don't know if I should be saying this publicly anyway, I am. She's the head of Litigation at Google. And she lost some of her senior people and they all went over to AI. I'm big, I'm betting that they regret going over there can't be much fun being a lawyer at OpenAI.Keach Hagey: I don't know, I think it'd be great fun. I think you'd have like enormous challenges and have lots of billable hours.Andrew Keen: Unless, of course, they're personally being sued.Keach Hagey: Hopefully not. I mean, look, it is a strange and unprecedented situation.Andrew Keen: To what extent is this, if not Shakespearean, could have been written by some Greek dramatist? To what extend is this symbolic of all the hype and salesmanship and dishonesty of Silicon Valley? And in a sense, maybe this is a final scene or a penultimate scene in the Silicon Valley story of doing good for the world. And yet, of course, reaping obscene profit.Keach Hagey: I think it's a little bit about trying to have your cake and eat it too, right? Trying to have the aura of altruism, but also make something and make a lot of money. And what it seems like today is that if you started as a nonprofit, it's like a black hole. You can never get out. There's no way to get out, and that idea was just like maybe one step too clever when they set it up in the beginning, right. It seemed like too good to be true because it was. And it might end up really limiting the growth of the company.Andrew Keen: Is Sam completely in charge here? I mean, a number of the founders have left. Musk, of course, when you and I talked a couple of months ago, OpenAI came out of conversations between Musk and Sam. Is he doing this on his own? Does he have lieutenants, people who he can rely on?Keach Hagey: Yeah, I mean, he does. He has a number of folks that have been there, you know, a long time.Andrew Keen: Who are they? I mean, do we know their names?Keach Hagey: Oh, sure. Yeah. I mean, like Brad Lightcap and Jason Kwon and, you know, just they're they're Greg Brockman, of course, still there. So there are a core group of executives that have that have been there pretty much from the beginning, close to it, that he does trust. But if you're asking, like, is Sam really in control of this whole thing? I believe the answer is yes. Right. He is on the board of this nonprofit, and that nonprofit will choose the board of the for-profit. So as long as that's the case, he's in charge.Andrew Keen: How divided is OpenAI? I mean, one of the things that came out of the big crisis, what was it, 18 months ago when they tried to push him out, was it was clearly a profoundly divided company between those who believed in the nonprofit mission versus the for-profit mission. Are those divisions still as acute within the company itself? It must be growing. I don't know how many thousands of people work.Keach Hagey: It has grown very fast. It is not as acute in my experience. There was a time when it was really sort of a warring of tribes. And after the blip, as they call it, a lot of those more safety focused people, people that subscribe to effective altruism, left or were kind of pushed out. So Sam took over and kind of cleaned house.Andrew Keen: But then aren't those people also very concerned that it appears as if Sam's having his cake and eating it, having it both ways, talking about the company being a non-profit but behaving as if it is a for-profit?Keach Hagey: Oh, yeah, they're very concerned. In fact, a number of them have signed on to this open letter to the attorneys general that dropped, I don't know, a week and a half ago, something like that. You can see a number of former OpenAI employees, whistleblowers and others, saying this very thing, you know, that the AG should block this because it was supposed to be a charitable mission from the beginning. And no amount of fancy footwork is gonna make it okay to toss that overboard.Andrew Keen: And I mean, in the best possible case, can Sam, the one thing I think you and I talked about last time is Sam clearly does, he's not driven by money. There's something else. There's some other demonic force here. Could he theoretically reinvent the company so that it becomes a kind of AI overlord, a nonprofit AI overlord for our 21st century AI age?Keach Hagey: Wow, well I think he sometimes thinks of it as like an AI layer and you know, is this my overlord? Might be, you know.Andrew Keen: As long as it's not made in China, I hope it's made in India or maybe in Detroit or something.Keach Hagey: It's a very old one, so it's OK. But it's really my attention overlord, right? Yeah, so I don't know about the AI overlord part. Although it's interesting, Sam from the very beginning has wanted there to be a democratic process to control what decision, what kind of AI gets built and what are the guardrails for AGI. As long as he's there.Andrew Keen: As long as he's the one determining it, right?Keach Hagey: We talked about it a lot in the very beginning of the company when things were smaller and not so crazy. And what really strikes me is he doesn't really talk about that much anymore. But what we did just see is some advocacy organizations that kind of function in that exact way. They have voters all over the world and they all voted on, hey, we want you guys to go and try to that ended up having this like democratic structure for deciding the future of AI and used it to kind of block what he was trying to do.Andrew Keen: What are the implications for OpenAI's competitors? There's obviously Anthropic. Microsoft, we talked about a little bit, although it's a partner and a competitor simultaneously. And then of course there's Google. I assume this is all good news for the competition. And of course XAI.Keach Hagey: It is good news, especially for a company like XAI. I was just speaking to an XAI investor today who was crowing. Yeah, because those companies don't have this weird structure. Only OpenAI has this strange nonprofit structure. So if you are an investor who wants to have some exposure to AI, it might just not be worth the headache to deal with the uncertainty around the nonprofit, even though OpenAI is like the clear leader. It might be a better bet to invest in Anthropic or XAI or something else that has just a normal for-profit structure.Andrew Keen: Yeah. And it's hard to actually quote unquote out-Trump, Elon Musk on economic subterfuge. But Altman seems to have done that. I mean, Musk, what he folded X into XAI. It was a little bit of controversy, but he seems to got away with it. So there is a deep hostility between these two men, which I'm assuming is being compounded by this process.Keach Hagey: Absolutely. Again, this is a win for Elon. All these legal cases and Elon trying to buy OpenAI. I remember that bid a few months ago where he actually put a number on it. All that was about trying to block the for-profit conversion because he's trying to stop OpenAI and its tracks. He also claims they've abandoned their mission, but it's always important to note that it's coming from a competitor.Andrew Keen: Could that be a way out of this seeming box? Keach, a company like XAI or Microsoft or Google, or that probably wouldn't happen on the antitrust front, would buy OpenAI as maybe a nonprofit and then transform it into a for-profit company?Keach Hagey: Maybe you and Sam should get together and hash that out. That's the kind ofAndrew Keen: Well Sam, I'm available to be hired if you're watching. I'll probably charge less than your current consigliere. What's his name? Who's the consiglieri who's working with him on this?Keach Hagey: You mean Chris Lehane?Andrew Keen: Yes, Chris Lehane, the ego.Keach Hagey: Um,Andrew Keen: How's Lehane holding up in this? Do you think he's getting any sleep?Keach Hagey: Well, he's like a policy guy. I'm sure this has been challenging for everybody. But look, you are pointing to something that I think is real, which is there will probably be consolidation at some point down the line in AI.Andrew Keen: I mean, I know you're not an expert on the maybe sort of corporate legal stuff, but is it in theory possible to buy a nonprofit? I don't even know how you buy a non-profit and then turn it into a for-profit. I mean is that one way out of this, this cul-de-sac?Keach Hagey: I really don't know the answer to that question, to be honest with you. I can't think of another example of it happening. So I'm gonna go with no, but I don't now.Andrew Keen: There are no equivalents, sorry to interrupt, go on.Keach Hagey: No, so I was actually asking a little bit, are there precedents for this? And someone mentioned Blue Cross Blue Shield had gone from being a nonprofit to a for-profit successfully in the past.Andrew Keen: And we seem a little amused by that. I mean, anyone who uses US health care as a model, I think, might regret it. Your book, The Optimist, is out in a couple of weeks. When did you stop writing it?Keach Hagey: The end of December, end of last year, was pencils fully down.Andrew Keen: And I'm sure you told the publisher that that was far too long a window. Seven months on Silicon Valley is like seven centuries.Keach Hagey: It was actually a very, very tight timeline. They turned it around like incredibly fast. Usually it'sAndrew Keen: Remarkable, yeah, exactly. Publishing is such, such, they're such quick actors, aren't they?Keach Hagey: In this case, they actually were, so I'm grateful for that.Andrew Keen: Well, they always say that six months or seven months is fast, but it is actually possible to publish a book in probably a week or two, if you really choose to. But in all seriousness, back to this question, I mean, and I want everyone to read the book. It's a wonderful book and an important book. The best book on OpenAI out. What would you have written differently? Is there an extra chapter on this? I know you warned about a lot of this stuff in the book. So it must make you feel in some ways quite vindicated.Keach Hagey: I mean, you're asking if I'd had a longer deadline, what would I have liked to include? Well, if you're ready.Andrew Keen: Well, if you're writing it now with this news under your belt.Keach Hagey: Absolutely. So, I mean, the thing, two things, I guess, definitely this news about the for-profit conversion failing just shows the limits of Sam's power. So that's pretty interesting, because as the book was closing, we're not really sure what those limits are. And the other one is Trump. So Trump had happened, but we do not yet understand what Trump 2.0 really meant at the time that the book was closing. And at that point, it looked like Sam was in the cold, you know, he wasn't clear how he was going to get inside Trump's inner circle. And then lo and behold, he was there on day one of the Trump administration sharing a podium with him announcing that Stargate AI infrastructure investment. So I'm sad that that didn't make it into the book because it really just shows the kind of remarkable character he is.Andrew Keen: He's their Zelig, but then we all know what happened to Woody Allen in the end. In all seriousness, and it's hard to keep a straight face here, Keach, and you're trying although you're not doing a very good job, what's going to happen? I know it's an easy question to ask and a hard one to answer, but ultimately this thing has to end in catastrophe, doesn't it? I use the analogy of the Titanic. There are real icebergs out there.Keach Hagey: Look, there could be a data breach. I do think that.Andrew Keen: Well, there could be data breaches if it was a non-profit or for-profit, I mean, in terms of this whole issue of trying to have it both ways.Keach Hagey: Look, they might run out of money, right? I mean, that's one very real possibility. They might run outta money and have to be bought by someone, as you said. That is a totally real possibility right now.Andrew Keen: What would happen if they couldn't raise any more money. I mean, what was the last round, the $40 billion round? What was the overall valuation? About $350 billion.Keach Hagey: Yeah, mm-hmm.Andrew Keen: So let's say that they begin to, because they've got, what are their hard costs monthly burn rate? I mean, it's billions of just.Keach Hagey: Well, the issue is that they're spending more than they are making.Andrew Keen: Right, but you're right. So they, let's say in 18 months, they run out of runway. What would people be buying?Keach Hagey: Right, maybe some IP, some servers. And one of the big questions that is yet unanswered in AI is will it ever economically make sense, right? Right now we are all buying the possibility of in the future that the costs will eventually come down and it will kind of be useful, but that's still a promise. And it's possible that that won't ever happen. I mean, all these companies are this way, right. They are spending far, far more than they're making.Andrew Keen: And that's the best case scenario.Keach Hagey: Worst case scenario is the killer robots murder us all.Andrew Keen: No, what I meant in the best case scenario is that people are actually still without all the blow up. I mean, people are actual paying for AI. I mean on the one hand, the OpenAI product is, would you say it's successful, more or less successful than it was when you finished the book in December of last year?Keach Hagey: Oh, yes, much more successful. Vastly more users, and the product is vastly better. I mean, even in my experience, I don't know if you play with it every day.Andrew Keen: I use Anthropic.Keach Hagey: I use both Claude and ChatGPT, and I mean, they're both great. And I find them vastly more useful today than I did even when I was closing the book. So it's great. I don't know if it's really a great business that they're only charging me $20, right? That's great for me, but I don't think it's long term tenable.Andrew Keen: Well, Keach Hagey, your new book, The Optimist, your new old book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. I hope you're writing a sequel. Maybe you should make it The Pessimist.Keach Hagey: I think you might be the pessimist, Andrew.Andrew Keen: Well, you're just, you are as pessimistic as me. You just have a nice smile. I mean, in all reality, what's the most optimistic thing that can come out of this?Keach Hagey: The most optimistic is that this becomes a product that is actually useful, but doesn't vastly exacerbate inequality.Andrew Keen: No, I take the point on that, but in terms of this current story of this non-profit versus profit, what's the best case scenario?Keach Hagey: I guess the best case scenario is they find their way to an IPO before completely imploding.Andrew Keen: With the assumption that a non-profit can do an IPO.Keach Hagey: That they find the right lawyers from wherever they are and make it happen.Andrew Keen: Well, AI continues its hallucinations, and they're not in the product themselves. I think they're in their companies. One of the best, if not the best authority, our guide to all these hallucinations in a corporate level is Keach Hagey, her new book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. Essential reading for anyone who wants to understand Sam Altman as the consummate salesman. And I think one thing we can say for sure, Keach, is this is not the end of the story. Is that fair?Keach Hagey: Very fair. Not the end of the story. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

TechCheck
OpenAI scraps for-profit plans 5/6/25

TechCheck

Play Episode Listen Later May 6, 2025 6:19


OpenAI is now trying to balance the interests of its biggest backers after the AI darling announced their restructuring plan to remain under non-profit control. We look at where that leaves its major investors like Microsoft and Softbank. 

Secret Leaders
Meet the CEO Bill Gates backs to beat Tesla: Alex Kendall, Wayve.AI

Secret Leaders

Play Episode Listen Later May 6, 2025 74:45


In this episode of Secret Leaders, we sit down with Alex Kendall, co-founder & CEO of Wayve AI — the $1B+ British startup taking on Tesla in the race to build a driverless future. From raising $1.05 billion from Microsoft, SoftBank, and NVIDIA, to reimagining cities with AI-powered vehicles, Alex shares how his company is changing how we live, commute, and move goods. - Why do 1.2 million people still die on roads every year? - Why are cars asleep 96% of the time and what if they could work for us? - Could AI make driving safer than humans ever could? We dive into how Wayve's embodied AI competes with Tesla, why public trust is still the biggest barrier, and how your car might soon become your second living room. -------- Sign up to Wise Business banking: ⁠https://wise.com/uk/business/⁠ Join Vanta and receive $1000 off: ⁠http://vanta.com/secretleaders

Empires - An Asian Business Podcast
Softbank (JP) I Widening The Net I 4/5

Empires - An Asian Business Podcast

Play Episode Listen Later May 5, 2025 35:30


SoftBank has backed some of the most game-changing startups of our time — Uber, Grab, TikTok — companies that reshaped how we move, eat, and connect.The man behind it is Masayoshi Son — a founder unlike any other. Bold, fearless, and sometimes reckless, Masa didn't just invest in companies, he devoured them. His empire stretched from Tokyo to Silicon Valley, built on billion-dollar bets, wild risk-taking, and the unshakeable belief that he could see the future before anyone else.But every empire comes at a price.This is the story of SoftBank — how one man from Japan took on the world's biggest tech giants, gambled billions, lost it all… and came back for more.Episode 1: Impress, Charm and DeceiveA young Masayoshi Son hustles his way through Silicon Valley — using every trick in the book...and outside it.Episode 2: The SoftBank MiracleBack in Japan, Masa builds SoftBank from nothing — surviving betrayal, bankruptcy, and even a terminal illness to become the king of Japan's software industry.Episode 3: Every Piece of ThemMasa goes global — buying tech magazines, trade fairs, Yahoo shares, and placing a life-changing bet on a then-unknown Chinese startup: Alibaba.Episode 4: Widening the NetAfter the Dot-Com Crash wipes out 96% of his wealth, Masa bets everything on broadband and mobile — taking on Japan's telecom giants and winning control of Vodafone Japan.Episode 5: WarchestDetermined to rule the future, Masa creates the $100 billion Vision Fund — a war chest so powerful it could turn founders into billionaires overnight — even if their companies were never built to last — all while setting his sights on Artificial Intelligence.-Our series is proudly sponsored by AlphaSense.-Access expert analyst reports, perfectly summarised by Gen-AI with precision and no hallucinations. Support our productions by  ⁠⁠⁠⁠⁠⁠⁠⁠⁠booking your free trial ⁠⁠⁠⁠⁠⁠⁠⁠⁠today.-Want to showcase your brand to listeners with a combined net worth of over $1 billion and a network of 100,000+ employees and industry contacts? Drop us an email: sales@1upmediapodcast.com-We're looking to grow our team! Support our productions by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠buying us a coffee⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠⁠-Want to meet the team? ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠!⁠⁠⁠⁠⁠⁠⁠⁠⁠-If you love the style of Empires, and want similar content, check out:

Moneycontrol Podcast
4566: Oyo's IPO dream on ice (again), Adobe's big AI bet. ShareChat's looking for a rebound | MC Tech3

Moneycontrol Podcast

Play Episode Listen Later May 2, 2025 6:27


In today's Tech3 from Moneycontrol, Oyo hits pause on its IPO plans for the third time — and SoftBank might be behind it. Adobe CEO Shantanu Narayen lays out a bold AI roadmap for India, spotlighting tools like Photoshop's Generative Fill and Acrobat AI. Plus, ShareChat turns a corner, going from heavy losses to cash-flow positive, with IPO ambitions in sight. Also, Bengaluru airport could soon get a smart AI upgrade. Tune in for latest on startups and tech!

The World Crypto Network Podcast
The Bitcoin Group #452 - 21 Again - $100K - Crypto Pardons - Memecoin Dinner

The World Crypto Network Podcast

Play Episode Listen Later Apr 30, 2025 96:37


If you buy enough memecoins you could have dinner with the PresidentFEATURING:Victoria Jones (https://twitter.com/satoshis_page)Josh Scigala (https://twitter.com/JScigala)Ben Arc (https://twitter.com/Arcbtc)Thomas Hunt (https://twitter.com/MadBitcoins)THIS WEEK:  Jack Mallers to lead Tether, Softbank, and Cantor Fitzgerald-backed Bitcoin Treasury company.  Twenty One Capital will launch with 42,000 $BTC in assets.We're winning.https://twitter.com/tftc21/status/1915053416663171156?s=46Source: Twitter / XCantor Skyrockets 130% as Traders FOMO Into the Stock on Bitcoin SPAC Frenzyhttps://www.coindesk.com/markets/2025/04/24/cantor-equity-shares-surge-55-jump-another-15-pre-market-on-bitcoin-spac-deal-buzzSource: CoindeskSo Tether, Softbank, and Cantor Fitzgerald are forming 21 Capital with CEO Jack Mallers.https://twitter.com/adambliv/status/1915220871699890312?s=46Source: Twitter / XBlockchain will turn the internet into the world's largest 'stock' market, says investorhttps://www.cnbc.com/2017/09/05/balaji-srinivasan-21-co-interview-on-blockchain.htmlSource: CNBC21 Inc, ‘Decommoditizing Mining'https://bravenewcoin.com/insights/21-inc-decommoditizing-miningSource: Brave CoinHere's why 21 is the most exciting bitcoin company right nowhttps://finance.yahoo.com/news/why-21-inc-is-the-most-exciting-bitcoin-blockchain-company-balaji-srinivasan-andreessen-horowitz-200250565.htmlSource: YahooBitcoin Price Prediction 2025: Can BTC Hit $100K Again? Here's What the Charts Suggesthttps://techbullion.com/bitcoin-price-prediction-2025-can-btc-hit-100k-again-heres-what-the-charts-suggest/Source: Tech BullionThis chart says the largest Bitcoin move in 5 years has begun.https://twitter.com/techdev_52/status/1914749322731585705?s=46Source: Twitter / XIndicted ‘Bitcoin Jesus' Pays Roger Stone $600,000 to Lobby for Himhttps://www.nytimes.com/2025/04/24/us/politics/stone-bitcoin-crypto-trump.htmlSource: NY TimesA Nevada politician was convicted of using funds meant to honor a slain officer on plastic surgery. Trump just pardoned herhttps://www.cbsnews.com/news/trump-pardons-michele-fiore-las-vegas-nevada-politician-fraud/Source: CBS NewsHere's how HEX's Richard Heart beat SEC fraud chargeshttps://cointelegraph.com/news/how-richard-heart-hex-beat-sec-fraud-chargesSource: Cointelegraph After legal drama, Shaquille O'Neal reaches settlement in FTX class action lawsuithttps://www.theblock.co/post/351880/after-legal-drama-shaquille-oneal-reaches-settlement-in-ftx-class-action-lawsuitSource: The BlockFamilies of detainees in El Salvador and Venezuela decry Bukele's prisoner swap offerhttps://www.theguardian.com/world/2025/apr/23/el-salvador-bukele-venezuela-prisonersSource: The GuardianBitcoin, Altcoins Pump After Federal Reserve Board Withdraws Crypto Notification Rules For Bankshttps://www.ibtimes.com/bitcoin-altcoins-pump-after-federal-reserve-board-withdraws-crypto-notification-rules-banks-3771352Source: Ib TimesTrump offers private dinner to the top investors in his meme coinhttps://www.cnn.com/2025/04/24/politics/meme-coin-trump-dinner/index.htmlSource: CNN___________________________________________________________________________________________World Crypto Networkhttps://www.worldcryptonetwork.com/On This Day in World Crypto Network Historyhttps://www.worldcryptonetwork.com/onthisday/------------------------------------------------------------------------------------------------------------------------------------------------------Please Subscribe to our Youtube Channelhttps://m.youtube.com/channel/UCR9gdpWisRwnk_k23GsHf

Verdict with Ted Cruz
BONUS: 100 Days of Trump! Daily Review with Clay Travis and Buck Sexton - Apr 29 2025

Verdict with Ted Cruz

Play Episode Listen Later Apr 29, 2025 50:51 Transcription Available


If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four Tuesday takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts: ihr.fm/3InlkL8 100 Days of Trump Clay Travis and Buck Sexton dive into a variety of significant topics, starting with the first 100 days of President Trump's second term. They discuss the transformative and fast-paced changes under Trump 2.0, highlighting major investment commitments totaling over $5 trillion from companies like Apple, Nvidia, TSMC, OpenAI, Oracle, and SoftBank. These investments are expected to generate over 451,000 high-paying jobs, surpassing the achievements of the previous administration. The conversation shifts to the upcoming Vice President JD Vance in the second hour. The hosts express their excitement about discussing key issues such as men's and women's sports, tariffs, the border, and the Trump administration's economic policies. They also touch on the Philadelphia Eagles' visit to the White House and briefly mention the Canadian election results, expressing limited interest in Canadian politics. The hosts analyze the impact of Trump's policies on the economy, emphasizing the importance of maximizing energy production and securing significant trade deals. They debate the potential re-election scenarios for past presidents like Bill Clinton, Barack Obama, and Ronald Reagan, speculating on their chances if they had been eligible to run for a third term. VP JD Vance Clay and Buck interview Vice President JD Vance. Vance discusses the first 100 days of the Trump-Vance administration, focusing on the success in securing the border, the challenges posed by far-left judges, and the efforts to eliminate waste, fraud, and abuse within the government. He also addresses the issue of men competing in women's sports and defends the administration's tariff policies. After Vance's segment, the hosts continue to explore various political and social issues. They discuss the potential presidential candidates for the 2028 election, including Maryland Governor Wes Moore and Pennsylvania Governor Josh Shapiro. The conversation includes speculation about the future of the Democratic Party and the challenges faced by certain candidates due to their backgrounds, including former Mayor Pete Buttigieg and Governor JB Pritzker. The Power of Perception Speaker Mike Johnson praises President Trump's accomplishments in the first 100 days of his second term. Johnson highlights achievements such as removing men from women's sports, ending DEI in the federal government and military, expanding oil and gas extraction, securing trillions in new investments, and combating antisemitism on college campuses. The hosts discuss Senator Tommy Tuberville's enthusiastic support for Trump's performance, grading it an A+. They contrast this with CNN's Harry Enten's analysis, which points out Trump's lower approval ratings compared to his first term and other presidents. Clay and Buck argue that poll numbers are less relevant since Trump is not running for re-election and emphasize the importance of his policy actions over approval ratings. Economic Reality The conversation shifts to the administration's focus on economic issues, particularly inflation. Clay highlights a poll showing that 44% of Americans consider inflation their top economic concern. They discuss the importance of reducing the cost of goods and maintaining economic stability to ensure public support. Make sure you never miss a second of the show by subscribing to the Clay Travis and Buck Sexton show podcast wherever you get your podcasts: ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuckYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Unchained
Why Twenty One Capital Is More About Volatility Than Bitcoin - Ep. 826

Unchained

Play Episode Listen Later Apr 29, 2025 75:14


The race for Bitcoin supremacy just got more complicated. Twenty One Capital, backed by Tether, SoftBank, and Cantor Fitzgerald, plans to stack as much BTC as it possibly can.  But is this new venture really about Bitcoin … or about creating a hyper-volatile stock to play market cycles? This week on Unchained, Jeff Park of Bitwise and Mark Palmer of Benchmark join to discuss: Why SoftBank and Tether are a “perfect match”—and why they turned to Bitcoin How volatility, not bitcoin itself, might be the real asset investors are buying What Cantor's involvement says about Wall Street's readiness for crypto Why the launch timing matters Whether Twenty One could repeat MicroStrategy's mistakes Whether these new Bitcoin vehicles are better bets than spot bitcoin or ETFs Plus, is SoftBank getting into crypto a top signal?

Cryptocast | BNR
De wereldorde wankelt: nieuwe rol voor goud én Bitcoin? | 375 B

Cryptocast | BNR

Play Episode Listen Later Apr 29, 2025 56:05


Donald Trump zette met zijn ‘liberation day’ en daaropvolgende acties de geopolitieke verhoudingen op scherp. Hoe moeten we ons navigeren in deze onzekere tijden? En welke rol spelen goud en Bitcoin daarbij? Te gast is Lex Hoogduin, Emiritus Hoogleraar, voormalig directeur bij DNB en voorzitter van het Mises Instituut Nederland. De rente op Amerikaanse staatsleningen blijft hardnekkig hoog en aandelenbeurzen staan onder druk. Productie die teruggehaald moest worden naar de VS stagneert en eerdere plannen lijken af te brokkelen. In Nederland noemde voormalig DNB-president Nout Wellink Trump een ‘politieke en economische terrorist’ in de Holland Gold-podcast, een uitspraak die hij vervolgens herhaalde bij Buitenhof. Tegelijk rijst de vraag hoe Europa moet reageren: door handelstarieven te verhogen, nauwer samen te werken met China of via nieuwe initiatieven zoals ReArm Europe en eurobonds. De aanval van Trump op Fed-voorzitter Jerome Powell zette de onafhankelijkheid van centrale banken ter discussie. Met nog een jaar te gaan in zijn termijn blijft de druk op Powell groot. Ondertussen groeit de Amerikaanse staatsschuld verder en klinken er steeds meer vragen over de houdbaarheid van de dollar als wereldreservemunt. Alternatieven voor het mondiale geldsysteem worden steeds vaker genoemd. Ook het rentebeleid van de ECB blijft onzeker. Hoewel recent nog een renteverlaging werd doorgevoerd, wordt een renteverhoging later dit jaar steeds waarschijnlijker. Goud stijgt ondertussen in rap tempo. Tegelijk ontstaan twijfels over de betrouwbaarheid van goudreserves, onder meer door opmerkingen van Elon Musk over Fort Knox en zorgen over Europese goudvoorraden die in New York liggen opgeslagen. Bitcoin beweegt intussen mee met de onrust op financiële markten en lijkt steeds meer een rol te vervullen als alternatief voor traditionele assets. De opbouw van een strategische bitcoinreserve door de Verenigde Staten roept de vraag op of landen die achterblijven een risico lopen. Ook centrale banken bewegen. In Tsjechië sprak de directeur zich positief uit over Bitcoin als onderdeel van de nationale reserves. Ondertussen ontstaan er nieuwe initiatieven waarin bedrijven, vaak met geleend geld, Bitcoin op de balans zetten. Stablecoinuitgever Tether, Softbank, Bitfinex en zakenbank Cantor Fitzgerald lanceerden onlangs 21 Capital, een vehikel dat uitsluitend Bitcoin koopt. Vergelijkingen met vroegere goudreserves worden steeds vaker gemaakt. De blik op het komende jaar blijft onzeker. Financiële en geopolitieke spanningen zetten de toon, en de rol van alternatieve assets als goud en Bitcoin lijkt alleen maar groter te worden. Co-host is Paul Buitink, managing director van Holland Gold. Gasten Lex Hoogduin Paul Buitink Links De podcast van Holland Gold, met Wellink en Hoogduin Host Daniël Mol Redactie Daniël MolSee omnystudio.com/listener for privacy information.

Cryptocast | BNR
ING, Stripe én Abu Dhabi werken aan eigen stablecoin | 375 A

Cryptocast | BNR

Play Episode Listen Later Apr 29, 2025 24:34


De Nederlandse bank ING werkt naar verluidt aan de ontwikkeling van een eigen stablecoin. Volgens ingewijden die met Coindesk spraken, zou ING samenwerken met andere organisaties om de munt op te zetten. De timing lijkt niet toevallig: banken zien steeds meer kansen in het aanbieden van digitale valuta die gekoppeld zijn aan stabiele onderliggende waarden, zoals de euro. Een stablecoin is een type cryptomunt dat zijn waarde ontleent aan bijvoorbeeld een nationale munt, waardoor prijsschommelingen zoveel mogelijk worden beperkt. Voor traditionele banken zoals ING is het aantrekkelijk om hiermee aan de slag te gaan, omdat stablecoins een brug slaan tussen het bestaande financiële systeem en de opkomende digitale economie. Bovendien maakt Europese regelgeving de weg vrij voor banken om stablecoins aan te bieden binnen een gereguleerd kader. ING zou de stablecoin samen ontwikkelen met andere Europese banken, maar het landschap wordt steeds competitiever. Verschillende partijen, waaronder Circle met de euro-gedekte EURC, hebben al een sterke positie opgebouwd. Ook Stripe mengt zich in de stablecoinmarkt. De betalingsprovider is een pilot gestart gericht op bedrijven buiten de Verenigde Staten, het Verenigd Koninkrijk en de Europese Unie. Stripe wil daarmee markten bedienen waar het traditionele financiële systeem minder goed ontwikkeld is, waardoor stablecoins extra aantrekkelijk zijn. De stap van een grote speler als Stripe onderstreept dat stablecoins steeds serieuzer worden genomen binnen de fintechwereld. Dit kan op termijn impact hebben op bestaande betaalnetwerken, omdat stablecoins directe en snelle transacties mogelijk maken zonder tussenkomst van traditionele banken of kaartmaatschappijen. In Abu Dhabi kwamen vannacht berichten naar buiten over een nieuwe stablecoin die wordt ontwikkeld door het staatsbeleggingsfonds, de grootste bank van het land en een grote investeringsmaatschappij. De munt zal worden gedekt door de Dirham, de nationale valuta van de Verenigde Arabische Emiraten. Dit initiatief laat zien dat de Emiraten hun ambities op het gebied van crypto verder opschroeven en zichzelf willen positioneren als een belangrijke speler in de wereldwijde digitale economie. In de prijsanalyse bespreken we met Tim Stolte, portfolio manager bij Amdax en analist bij Een Nieuwe Koers, de flinke prijsstijging van Bitcoin die volgde op de politieke rust die eind vorige week terugkeerde. Hoewel Bitcoin kortstondig hard steeg, is het volgens Tim te vroeg om grote conclusies over de langetermijntrend te trekken. Daarnaast lijkt er meer risicobereidheid in de markt te zijn, gezien ook altcoins en memecoins in de lift zitten. Verder bespreken we de samenwerking van Tether, Softbank, Bitfinex en Cantor Fitzgerald onder de naam Twenty One Capital. Zij willen gezamenlijk grote hoeveelheden bitcoin opkopen en via een beursnotering verdere investeerders aantrekken. De aanpak doet denken aan de strategie van Microstrategy. Opvallend is de prominente rol van Tether en de betrokkenheid van Cantor Fitzgerald, waarbij de familiebanden van de CEO en de Amerikaanse overheid niet onbesproken blijven. Dat ook Softbank zich nu nadrukkelijker in de cryptowereld begeeft, toont dat de sector steeds meer grote institutionele spelers aantrekt. Gasten Paul Buitink Links ING werkt aan eigen stablecoin? Stripe ook En Abu Dhabi ook! Financiële reuzen tuigen Strategy-concurrent op Host Daniël Mol Redactie Daniël MolSee omnystudio.com/listener for privacy information.

The Survival Podcast
Why 21 Capital Changes Everything – 3661

The Survival Podcast

Play Episode Listen Later Apr 28, 2025 110:11


Today we discuss the launch of 21 Capital, something everyone's talking about, but no one's actually explaining. The headlines are full of noise, but the real story is deeper and way bigger than most people realize. We'll break down what's really going on behind the scenes: why Cantor Fitzgerald, Tether, SoftBank, and Jack Mallers are teaming up, what 21 Capital's true business model is likely to be, and how it could completely reshape Bitcoin's role in finance. No hype, no clickbait, and no half-baked opinions just well-formed, logical answers based on facts, connections, and the real incentives driving this move. … Continue reading →

Empires - An Asian Business Podcast
Softbank (JP) I Every Piece of Them I 3/5

Empires - An Asian Business Podcast

Play Episode Listen Later Apr 28, 2025 29:44


SoftBank has backed some of the most game-changing startups of our time — Uber, Grab, TikTok — companies that reshaped how we move, eat, and connect.The man behind it is Masayoshi Son — a founder unlike any other. Bold, fearless, and sometimes reckless, Masa didn't just invest in companies, he devoured them. His empire stretched from Tokyo to Silicon Valley, built on billion-dollar bets, wild risk-taking, and the unshakeable belief that he could see the future before anyone else.But every empire comes at a price.This is the story of SoftBank — how one man from Japan took on the world's biggest tech giants, gambled billions, lost it all… and came back for more.Episode 1: Impress, Charm and DeceiveA young Masayoshi Son hustles his way through Silicon Valley — using every trick in the book...and outside it.Episode 2: The SoftBank MiracleBack in Japan, Masa builds SoftBank from nothing — surviving betrayal, bankruptcy, and even a terminal illness to become the king of Japan's software industry.Episode 3: Every Piece of ThemMasa goes global — buying tech magazines, trade fairs, Yahoo shares, and placing a life-changing bet on a then-unknown Chinese startup: Alibaba.Episode 4: Widening the NetAfter the Dot-Com Crash wipes out 96% of his wealth, Masa bets everything on broadband and mobile — taking on Japan's telecom giants and winning control of Vodafone Japan.Episode 5: WarchestDetermined to rule the future, Masa creates the $100 billion Vision Fund — a war chest so powerful it could turn founders into billionaires overnight — even if their companies were never built to last — all while setting his sights on Artificial Intelligence.-Our series is proudly sponsored by AlphaSense.-Access expert analyst reports, perfectly summarised by Gen-AI with precision and no hallucinations. Support our productions by  ⁠⁠⁠⁠⁠⁠⁠⁠booking your free trial ⁠⁠⁠⁠⁠⁠⁠⁠today.-Want to showcase your brand to listeners with a combined net worth of over $1 billion and a network of 100,000+ employees and industry contacts? Drop us an email: sales@1upmediapodcast.com-We're looking to grow our team! Support our productions by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠buying us a coffee⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠-Want to meet the team? ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠!⁠⁠⁠⁠⁠⁠⁠⁠-If you love the style of Empires, and want similar content, check out:

Unchained
The Chopping Block [LIVE]: Bitcoin Arms Race, Content Coin Chaos, and Ethereum's Crossroads - Ep. 825

Unchained

Play Episode Listen Later Apr 27, 2025 48:46


Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and special guest David Hoffman break down the biggest stories in crypto. This week: MicroStrategy clones are popping up, with Bitcoin-backed SPACs trying to replay Saylor's playbook. Meanwhile, Trump launches a memecoin for dinner invites, Zora kicks off a new era of “content coins,” and Ethereum faces an existential pivot. David Hoffman joins the crew to debate whether crypto's future is real innovation—or just financial theater. Show highlights

Unchained
Twenty One Aims to Buy as Much Bitcoin as Possible. Can It Succeed? - Ep. 824

Unchained

Play Episode Listen Later Apr 25, 2025 49:08


A new company called Twenty One is making waves—with a launch strategy that echoes Strategy (formerly MicroStrategy), a cap table that includes Tether, SoftBank, and Cantor Fitzgerald, and a plan to acquire more Bitcoin than anyone else. They're starting with 42,000 BTC, worth nearly $4 billion, and they've hinted they'll use convertible debt, equity raises, and other market mechanics to buy more. But is this just a smarter MicroStrategy? Or a recipe for financial reflexivity gone wrong? In this episode, Matthew Sigel, head of digital assets research at VanEck, digs into: How the strategy works and why it could break What happens if the stock trades below NAV Why timing the market may be a feature, not a bug And whether this signals a new phase in corporate Bitcoin exposure Sigel also shares a bold idea for “BIT Bonds” that could let the U.S. Treasury issue Bitcoin-linked government debt. Could it work? Plus, Unchained regulatory reporter Veronica Irwin talks about her scoop that we might see a crypto market structure bill as early as this week.  Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Bitkey: Use code UNCHAINED for 20% off FalconX Mantle Guest Matthew Sigel, Head of Digital Assets Research at VanEck Links Unchained:  Press Release: Tether, SoftBank Group, and Jack Mallers Launch Twenty One, a Bitcoin-native Company, Through a Business Combination With Cantor Equity Partners The Block: Strike founder Jack Mallers to lead Tether-backed multi-billion bitcoin buying venture, Twenty One Capital Ryan Watkins' post on X Jeff Park's post on X Timestamps:

On The Brink with Castle Island
Weekly Roundup 04/25/25 (Decoupling, Fed Rescinds guidance, 21 Capital) (EP.616)

On The Brink with Castle Island

Play Episode Listen Later Apr 25, 2025 27:16


Matt and Nic are back for another week of news and deals. In this episode:  Is Bitcoin decoupling? The Fed rescinds anti-crypto letters from 2022 and 2023 Upexi raises $100m PIPE to invest in Solana Cantor, Tether, Softbank and Bitfinex inject $3.6b into 21 Capital, a Bitcoin acquisition vehicle Bitcoin ETFs versus bitcoin acquisition companies Trump is hosting a dinner for $TRUMP holders Charles Schwab wants to launch crypto trading Citi thinks stablecoins could reach $3.7T in supply by 2030  

Swan Signal - A Bitcoin Podcast
Bitcoin's best week since the November rally!

Swan Signal - A Bitcoin Podcast

Play Episode Listen Later Apr 25, 2025 58:38


Main Topics:This week's episode of Swan Signal Live delivers a powerful mix of Bitcoin analysis, macroeconomic insights, and a dose of Swan-inspired creatine meme lore. The team dives into the ongoing “creatine craze” sparked by Brandon Quittem, which made waves even at institutional events like the Bitwise conference. Then it's all business—Bitcoin's 10K+ weekly price rally is dissected, especially in contrast to traditional markets like the S&P 500, which are still reeling.The conversation intensifies as the hosts break down a pivotal speech by Bessent from the Trump administration on reforming global financial institutions and pushing back against IMF “mission creep.” The big picture? A strategic reordering of the global monetary system with Bitcoin emerging as a vital asset in this uncertain landscape.Key Insights:Bitcoin has decoupled meaningfully from traditional assets, outperforming the S&P 500 amid macro turbulence.The Trump pivot—marked by a shift from Lutnick to Bessent—may have sparked the current market rebound.Twenty One Capital's emergence, backed by Tether and SoftBank, positions it as a major MicroStrategy competitor, validating Sailor's playbook and possibly fueling institutional FOMO.Fascinating discussion on post-halving Bitcoin cycles and how macroeconomic forces now overshadow supply-driven patterns.A sci-fi-tinged look at the future of human and AI integration, ethics, and the value of Bitcoin in an increasingly weird and tech-driven world.  Start buying your first Bitcoin in just minutes. Search "Swan Bitcoin" in your app store or visit swan.com/app. Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private. Put Bitcoin into your IRA and own your future. Check out swan.com/ira.Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.

Thinking Crypto Interviews & News

Crypto News: CME will list XRP Futures which is critical for the XRP Spot ETF approval. New SPAC Bitcoin Investment Company backed by Tether, Softbank, and Cantor Lutnik. Federal Reserve gives bank greenlight to participate in crypto.Show Sponsor -✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/ 

Rabbit Hole Recap
21 REASONS TO BUY BITCOIN | Rabbit Hole Recap #354

Rabbit Hole Recap

Play Episode Listen Later Apr 25, 2025 105:47


- Jack Mallers, Tether, Softbank, and Cantor Announce XXI https://xxi.money + https://x.com/jackmallers/status/1915399337913290867- Strike Releases Strong Performance Numbers https://x.com/jackmallers/status/1915399340819960047- Ben Carman Joins Spiral https://primal.net/e/nevent1qqs995dedm8ua02mndvxzzrnvftt7sllmnm3nej2ytmf07ghxkhlhugyu5gnk- OCEAN's DATUM has found 100 blocks https://primal.net/e/nevent1qqsw529d0rhczep02qq075lw9r7var7vwqvkwe7rh2k6x7h4ha4k0sq692tgc- Florida's SB 868 proposes a backdoor into encrypted platforms https://www.eff.org/deeplinks/2025/04/floridas-anti-encryption-bill-wrecking-ball-privacy-theres-still-time-stop-it- One year since Samourai Devs were arrested https://x.com/econoalchemist/status/1915367736596680853- Georgia | Bans Foreign Donations for Nonprofits and NGOsMere weeks after freezing the bank accounts of five NGOs supporting pro-democracy demonstrators in recent unrest caused by elections, Georgia's regime passed a new law that bans foreign organizations from providing “monetary or in-kind grants” to Georgian organizations and individuals without regime approval. Introduced by the increasingly repressive Georgian Dream party, the bill is part of a broader effort (including the controversial foreign agents law passed in 2024) designed to silence dissent and dismantle pro-democracy groups. Rights groups warn these laws will cripple civil society by cutting funding and imposing heavy fines for violators. Last week, parliament also read a bill that would grant officials the power to ban opposition parties entirely. With civil society financially repressed, Georgia is sliding further into tyranny, where free expression, political opposition, and grassroots organizations are under siege. FinancialFreedomReport.org- Coinswap v0.1.1: Protocol Efficiency, Security & Usability Improvements https://www.nobsbitcoin.com/coinswap-v0-1-1/- ZEUS v0.11.0-alpha2 https://primal.net/e/nevent1qqs09fdhqyuxy37756y8mwcm6073wyx4vtgp37k3ca0jdha8zcxjrtqaplxq0- Minibits v0.2.2-beta https://github.com/minibits-cash/minibits_wallet/releases- Nunchuk Desktop v1.9.45 https://github.com/nunchuk-io/nunchuk-desktop/releases- Blitz wallet v0.4.4-beta https://github.com/BlitzWallet/BlitzWallet/releases- Amber v3.2.8 https://github.com/greenart7c3/Amber/releases/tag/v3.2.8- Aegis v0.1.1 https://nostr.band/note1ljdczm267y648fv3jwv2jwn3mu4ae6jyzzpq4v0h8cthf020lyyss9ymde- Nostash https://github.com/tyiu/nostash- Nostur v1.20.0 https://github.com/nostur-com/nostur-ios-public- YakiHonne v1.6.8 https://primal.net/e/nevent1qqszg7q7pawm49wnrdxu0f7agcgpv7xd9n27l6fxwwg7xe39yr5whtspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygpqnphms0nhtktdrzx2tjwlzr8x6cf7p6m72a52pu939vmumtppkvpsgqqqqqqss9ap9d- Openvibe v1.10.0 https://primal.net/e/nevent1qqstfhjxmetzw2xuap6h0533hfq5h0vr4qkdhjmv7gmthfazzxsnh3spp4mhxue69uhkummn9ekx7mqzyq87pvvtfklsuz4yplx5wgym9fymxsclc3fmgc80eazu5z73d0t2csr7c7f- Odell on Bitcoin Treasury Strategy https://youtu.be/CuZEWE_b89w- Marty on Tom Woods Show https://youtu.be/i8RAqHMYQyc0:00 - Intro3:04 - Tax zoomer16:53 - Dashboard20:31 - XXI and Strike53:13 - Ben Carman at Spiral55:16 - OCEAN DATUM hits 100 blocks59:13 - Florida anti-encryption and phone addict kids1:12:23 - 1 year since Samourai arrest1:16:14 - HRF Story of the Week1:22:05 - Boosts1:24:01 - Software updates1:30:39 - Matt and Marty on other shows1:35:55 - Exchange drain1:36:00 - Closing riffShoutout to our sponsors:Coinkitehttps://coinkite.com/Unchainedhttps://unchained.com/rhr/Bitkeyhttps://bitkey.world/Stakworkhttps://stakwork.ai/Follow Marty Bent:Twitterhttps://twitter.com/martybentNostrhttps://primal.net/martyNewsletterhttps://tftc.io/martys-bent/Podcasthttps://tftc.io/podcasts/Follow Odell:Nostrhttps://primal.net/odellNewsletterhttps://discreetlog.com/Podcasthttps://citadeldispatch.com/

Onramp Media
Risk-Off: Why Bitcoin Is a Strategic Asset for Serious Capital

Onramp Media

Play Episode Listen Later Apr 25, 2025 87:56


Connect with Onramp // Onramp TerminalThe Last Trade: a weekly, bitcoin-native podcast covering the intersection of bitcoin, tech, & finance on a macro scale. Hosted by Jackson Mikalic, Michael Tanguma, Brian Cubellis, & Tim Kotzman. Join us as we dive into what bitcoin means for how individuals & institutions save, invest, & propagate their purchasing power through time. It's not just another asset...in the digital age, it's The Last Trade that investors will ever need to make.00:00 - Market Update and Institutional Adoption12:43 - The Shift in Bitcoin's Narrative17:41 - ETF Inflows and Retail Interest24:31 - Formation of 21 and Corporate Strategies31:02 - The Standardization of Bitcoin on Balance Sheets33:33 - SoftBank's Role in Bitcoin Investments38:15 - Hashrate and Market Correlation48:16 - The Importance of Financial Literacy56:47 - Finding Bitcoin and Depths of the Rabbit Hole01:05:01 - Realization of Bitcoin's Generational Value01:07:12 - Navigating Bitcoin Custody Solutions01:10:16 - Building Trust in Financial Relationships01:13:05 - The Emotional Journey of Bitcoin Ownership01:22:20 - The Evolution and Future of Bitcoin Custody01:26:20 - Protecting Wealth in the Digital Age01:27:25 - Outro & DisclaimerPlease subscribe to Onramp Media channels and sign up for weekly Research & Analysis to get access to the best content in the ecosystem weekly.

Midjourney
OpenAI, Oracle & Softbank Unite to Create $500B Stargate AI Firm

Midjourney

Play Episode Listen Later Apr 25, 2025 12:26


Stargate, a $500B AI company, has been unveiled by OpenAI, Oracle, and Softbank. It could reshape the global tech landscape. Industry players are bracing for impact.AI Chat YouTube Channel: https://www.youtube.com/@JaedenSchaferMy Podcast Course: https://podcaststudio.com/courses/Try AI Box: ⁠⁠https://AIBox.ai/⁠⁠Join my AI Hustle Community: https://www.skool.com/aihustle/about

Tech Won't Save Us
How Masayoshi Son Shaped the Tech Industry w/ Laleh Khalili

Tech Won't Save Us

Play Episode Listen Later Apr 24, 2025 52:17


Paris Marx is joined by Laleh Khalili to discuss Softbank CEO Masayoshi Son, the structural factors that allowed him to build an empire, and the many ways he's shaped the modern tech industry.Laleh Khalili is Professor of Gulf Studies at the University of Exeter and the author of Sinews of War and Trade and her forthcoming book Extractive Capitalism.Tech Won't Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Support the show on Patreon.The podcast is made in partnership with The Nation. Production is by Eric Wickham.Also mentioned in this episode:Laleh wrote a review of a new book about Masa.She also mentioned The Box by Marc Levinson and The Next Shift by Gabriel Winant.Support the show

The Wolf Of All Streets
SoftBank Buying Bitcoin? Institutions Are Stacking Hard | Crypto Town Hall

The Wolf Of All Streets

Play Episode Listen Later Apr 24, 2025 56:38


Crypto Town Hall is a daily Twitter Spaces hosted by Scott Melker, Ran Neuner & Mario Nawfal. Every day we discuss the latest news in the crypto and bring the biggest names in the crypto space to share their opinions. ►►OKX Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $60,000! 

TechStuff
The Story: Stargate and the Rise of SoftBank's Gambling Man w/ Lionel Barber

TechStuff

Play Episode Listen Later Apr 23, 2025 36:17 Transcription Available


Lionel Barber is a journalist, author, and former editor of the Financial Times. He’s interviewed state leaders like former US President Barack Obama and German Chancellor Angela Merkel. But in Gambling Man: The Wild Ride of Japan’s Masayoshi Son, Barber chronicles the life of SoftBank’s enigmatic CEO from his childhood as an ethnic Korean in Japan to becoming the richest man in the world – briefly. Barber sits down with Oz to discuss the impact SoftBank’s investments have had on technology.See omnystudio.com/listener for privacy information.

Daily Crypto Report
"New SEC Chairman Atkins vows rational, coherent and principled approach to crypto." Apr 23, 2025

Daily Crypto Report

Play Episode Listen Later Apr 23, 2025 4:59


Today's blockchain and cryptocurrency news  Bitcoin is down slightly at $93,549 Eth is down slightly at $1,797 XRP, is down .05% at $2.25 New SEC Chairman Paul Atkins promises rational, coherent and principled approach to crypto. Cantor Fitzgerald is teaming up with SoftBank, Tether, and Bitfinex on BTC investment vehicle SEC drops charges against HEX founder The SEC has charged PGI Global founder Ramil Palafox Learn more about your ad choices. Visit megaphone.fm/adchoices

Late Confirmation by CoinDesk
COINDESK DAILY: Trump May Cut China Tariffs 'Substantially' From 145%

Late Confirmation by CoinDesk

Play Episode Listen Later Apr 23, 2025 2:56


Host Christine Lee breaks down the latest news in the crypto industry as President Donald Trump strikes a conciliatory tone with China.Bitcoin sustains gains as U.S. President Donald Trump strikes a conciliatory tone with China and says he won't fire the chair of the Federal Reserve after a turbulent market. Meanwhile, Cantor Fitzgerald is in talks with Tether, SoftBank, and Bitfinex to form a $3 billion bitcoin acquisition vehicle and DeFi Development Corp boosts its Solana holdings. CoinDesk's Christine Lee hosts "CoinDesk Daily."-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

AI Inside
The Era of Experience

AI Inside

Play Episode Listen Later Apr 23, 2025 72:23


Hosts Jason Howell and Jeff Jarvis dive into OpenAI's desire to buy Google Chrome, Perplexity AI's talks with Samsung and Motorola, Google DeepMind's claim that AI could cure all disease in a decade, and the Oscars' decision to allow A.I.—with caveats—and more. Support the show on Patreon! http://patreon.com/aiinsideshow Subscribe to the YouTube channel! http://www.youtube.com/@aiinsideshow Enjoying the AI Inside podcast? Please rate us ⭐⭐⭐⭐⭐ in your podcatcher of choice! Note: Time codes subject to change depending on dynamic ad insertion by the distributor. CHAPTERS: 00:01:58 - OpenAI would buy Google's Chrome, exec testifies at trial 00:13:49 - Perplexity AI in Talks to Integrate Assistant Into Samsung, Motorola Phones 00:23:13 - AI could cure all disease in a decade, says Google DeepMind CEO— Perplexity's Aravind Srinivas agrees 00:29:27 - Draft executive order outlines plan to integrate AI into K-12 schools 00:36:48 - Google just fired the first shot of the next battle in the AI war 00:49:18 - IEEE: Google Succeeds With LLMs While Meta and OpenAI Stumble 00:50:04 - Columbia student suspended over interview cheating tool raises $5.3M to ‘cheat on everything' 00:58:31 - Oscars OK the Use of A.I., With Caveats 01:01:09 - ChatGPT burns tens of millions of Softbank dollars listening to you thanking it 01:03:12 - To stop scraping, Wikipedia releases Kaggle dataset Learn more about your ad choices. Visit megaphone.fm/adchoices

Empires - An Asian Business Podcast
Softbank (JP) I The SoftBank Miracle I 2/5

Empires - An Asian Business Podcast

Play Episode Listen Later Apr 21, 2025 33:33


SoftBank has backed some of the most game-changing startups of our time — Uber, Grab, TikTok — companies that reshaped how we move, eat, and connect.The man behind it is Masayoshi Son — a founder unlike any other. Bold, fearless, and sometimes reckless, Masa didn't just invest in companies, he devoured them. His empire stretched from Tokyo to Silicon Valley, built on billion-dollar bets, wild risk-taking, and the unshakeable belief that he could see the future before anyone else.But every empire comes at a price.This is the story of SoftBank — how one man from Japan took on the world's biggest tech giants, gambled billions, lost it all… and came back for more.Episode 1: Impress, Charm and DeceiveA young Masayoshi Son hustles his way through Silicon Valley — using every trick in the book...and outside it.Episode 2: The SoftBank MiracleBack in Japan, Masa builds SoftBank from nothing — surviving betrayal, bankruptcy, and even a terminal illness to become the king of Japan's software industry.Episode 3: Every Piece of ThemMasa goes global — buying tech magazines, trade fairs, Yahoo shares, and placing a life-changing bet on a then-unknown Chinese startup: Alibaba.Episode 4: Widening the NetAfter the Dot-Com Crash wipes out 96% of his wealth, Masa bets everything on broadband and mobile — taking on Japan's telecom giants and winning control of Vodafone Japan.Episode 5: WarchestDetermined to rule the future, Masa creates the $100 billion Vision Fund — a war chest so powerful it could turn founders into billionaires overnight — even if their companies were never built to last — all while setting his sights on Artificial Intelligence.-Our series is proudly sponsored by AlphaSense.-Access expert analyst reports, perfectly summarised by Gen-AI with precision and no hallucinations. Support our productions by  ⁠⁠⁠⁠⁠⁠⁠booking your free trial ⁠⁠⁠⁠⁠⁠⁠today.-Want to showcase your brand to listeners with a combined net worth of over $1 billion and a network of 100,000+ employees and industry contacts? Drop us an email: sales@1upmediapodcast.com-We're looking to grow our team! Support our productions by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠buying us a coffee⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠-Want to meet the team? ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠!⁠⁠⁠⁠⁠⁠⁠-If you love the style of Empires, and want similar content, check out:

Educational Alpha
S3: Conversation with Andre Maciel, Founder, Volpe Capital

Educational Alpha

Play Episode Listen Later Apr 16, 2025 37:56


In this episode, Bill welcomes Andre Maciel, founder of Volpe Capital and former leader of SoftBank's Latin America operations. They explore the evolution of venture capital in the region, from post-dot-com investments to today's AI-fueled innovations. Andre reflects on his career at J.P. Morgan and SoftBank, the rise of Latin American startups, and the importance of timing in tech investing. The conversation also addresses AI adoption, due diligence in emerging markets, regional challenges like bureaucracy, and the potential for AI to transform inefficiencies. They wrap with insights on regulation, talent, and Brazil's growing investment ecosystem.

Marketplace Tech
Bytes: Week in Review — TikTok’s new bidders, Tesla sales slump and OpenAI raises $40 billion

Marketplace Tech

Play Episode Listen Later Apr 4, 2025 11:57


OpenAI — the maker of ChatGPT — keeps raising more money, this time in a $40 billion round led by SoftBank. We’ll get into the strings attached in Marketplace “Tech Bytes — Week in Review.” Plus, what’s going on with Tesla’s sales slump? And how much is its polarizing CEO, Elon Musk, to blame? But first, the clock is ticking on a TikTok sale. The extended deadline, which may or may not be a real deadline according to President Donald Trump, is coming Saturday. As of this episode’s recording, the hugely popular short-form video app was supposed to find a U.S. buyer or be banned, and plenty of suitors have thrown their hats into the ring. Marketplace’s Meghan McCarty Carino spoke with Maria Curi, tech policy reporter at Axios, about all these topics and more.

Marketplace All-in-One
Bytes: Week in Review — TikTok’s new bidders, Tesla sales slump and OpenAI raises $40 billion

Marketplace All-in-One

Play Episode Listen Later Apr 4, 2025 11:57


OpenAI — the maker of ChatGPT — keeps raising more money, this time in a $40 billion round led by SoftBank. We’ll get into the strings attached in Marketplace “Tech Bytes — Week in Review.” Plus, what’s going on with Tesla’s sales slump? And how much is its polarizing CEO, Elon Musk, to blame? But first, the clock is ticking on a TikTok sale. The extended deadline, which may or may not be a real deadline according to President Donald Trump, is coming Saturday. As of this episode’s recording, the hugely popular short-form video app was supposed to find a U.S. buyer or be banned, and plenty of suitors have thrown their hats into the ring. Marketplace’s Meghan McCarty Carino spoke with Maria Curi, tech policy reporter at Axios, about all these topics and more.

Danny In The Valley
Dropbox CEO drops in & Softbank's $40B OpenAI bet

Danny In The Valley

Play Episode Listen Later Apr 4, 2025 49:24


It's been almost 20 years since Drew Houston founded Dropbox in an effort to solve the problem of forgotten USB sticks. But how is the company innovating in a now much busier market? Plus Softbank makes a $40billion investment in OpenAI, while a new book allegedly tells the inside story of Sam Altman's 2023 (temporary) dismissal. Hosted on Acast. See acast.com/privacy for more information.

WSJ Tech News Briefing
TNB Tech Minute: SoftBank Racks Up Debt to Fund Massive OpenAI Bet

WSJ Tech News Briefing

Play Episode Listen Later Apr 1, 2025 3:18


Plus, Meta's AI research chief resigns. And Apple's credit card spurs a costly battle among payment networks Visa, Amex and Mastercard. Victoria Craig hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

On The Tape
What Q1 Taught Us: Tariffs, Stagflation & The Market Reset

On The Tape

Play Episode Listen Later Apr 1, 2025 31:25


Guy Adami and special guest Danny Moses discuss the significant market volatility of the first quarter of 2025 and its implications. They delve into topics such as deregulation, tariffs, and their impact on the U.S. and European stock markets. The conversation also covers the potential for stagflation, the importance of upcoming job reports, and the rising delinquency rates in various credit sectors. They touch upon the political dynamics between the private sector and government, including Mark Zuckerberg's attempts to influence U.S. policies. Additionally, they examine the semiconductor industry's performance and the strategic moves by companies like Nvidia and SoftBank. The episode wraps up with a look at Tesla's volatile stock performance and its polarizing influence on investors. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Everyday AI Podcast – An AI and ChatGPT Podcast
EP 493: ChatGPT's groundbreaking image update, Google's chart-topping Gemini 2.5 drop, Microsoft's new reasoning agents and more AI news that matters

Everyday AI Podcast – An AI and ChatGPT Podcast

Play Episode Listen Later Mar 31, 2025 56:06