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TBPN is a live tech talk show hosted by John Coogan and Jordi Hays, streaming weekdays from 11–2 PT on X and YouTube, with full episodes posted to Spotify immediately after airing.
Described by The New York Times as “Silicon Valley’s newest obsession,” TBPN has interviewed Mark Zuckerberg, Sam Altman, Mark Cuban, and Satya Nadella. Diet TBPN delivers the best moments from each episode in under 30 minutes.
We have a massive show for you today, folks. $15,000,000,000 raised by Andreessen Horowitz. We're gonna be taking you all over the place today, but we're gonna start with Steve Jobs' Apple. We're going back into Cupertino because there's a rumor that Tim Cook might step down sooner than expected. His compensation, we've talked about it a lot, 74,290,000.00 per year.
Speaker 1:Salary is 3,000,000. Stock awards, 57,000,000. Non equity incentive compensation. He gets a 12,000,000, $12,000,000 bonus if he does well. He gets 21,000 in four zero one k.
Speaker 1:Personal use of private jet, 800 k on that. That's nice to see.
Speaker 2:Only 800 k?
Speaker 1:Vacation cash out of 56 k. Security expenses, they're paying $900,000 a year to secure him. That's that's gonna be a whole team of people. Probably some jacked tier one operators following him everywhere he goes. But he is he is rumored to be out.
Speaker 1:Apple's Tim Cook has told senior leaders that he is tired and would like to reduce his workload.
Speaker 2:I doubt they wanted that quote specifically Yeah. To leak.
Speaker 1:But it did via The New York Times. So rumors suggest he could announce a plan to retire as early as this year. Of course, the the rumor is that John Turnis might step into that role. With Tim Cook having recently turned 65 years old and a number of other senior Apple executives having already departed in recent months or heading for the exits, there has been a significant focus on Apple's plans for who will succeed Cook as CEO. I I I was hoping for a Warren Buffett third act from Cook.
Speaker 1:I was hoping for him to just say, I'm just hitting my stride. '65 to '95, that's where I'm gonna do my best window. Haven't you haven't seen any compounding yet. It's a completely underrated era for business leaders. If you can stay in the game and and and continue to compound from 65 to 95, that's where the sweet spot is.
Speaker 1:You just get ready to lock in, not not not check out. But he might he might be
Speaker 2:joke about him being underpaid. I actually think he is, or he has been. Seriously?
Speaker 1:For how big of a company is and what he's
Speaker 2:done to the company. Of Tim Cook coming in and just absolutely cooking He he's cooked. For as long as he has. Yes. It will always be Yeah.
Speaker 1:So several recent reports have identified Apple's senior vice president of hardware engineering, John Turnis, as likely to be named the next Apple CEO. And The New York Times has now shared a profile of Turnis with some context on his expertise and how he's viewed within the company. According to sources who spoke with the New York Times, Apple has begun accelerating its planning for Tim Cook's succession last year with Cook having expressed a desire to reduce his workload, while software chief Craig Craig Federighi, services chief Eddie Q, marketing head Greg jaw jaws and retail HR chief, Deidra O'Brien, have all reportedly been seen as potential candidates. Turnis appears to have shot to the front of the pack with Cook likely to remain as chairman of the company's board of directors. Oh, so he's not completely out to pasture.
Speaker 2:He'll be
Speaker 1:in the boardroom. Ternus is known for his expertise as an engineer, having worked on many of Apple's devices through, although he is known, quote, more for maintaining products than developing new ones. Big question about what what the next decade or two of Apple's product road map actually looks like. How many more new products do they need? Sort of have one thing in every category.
Speaker 1:If we go through a major form factor shift, that could be an issue. But in general, if you have someone who's really good at maintaining products and keeping dominant market share, driving up margins, that could be the right person for the job. Quote about John Turnis, he's a nice guy. Let's hear it from us. Sometimes sometimes nice guys finish first.
Speaker 1:You know? They always say nice guys finish last. I think that's a bit of fake news. This is from former Apple engineer Cameron Rogers. Quote about John Turnis.
Speaker 1:He's someone you wanna hang out with. I love it. He's just a good hang. Everyone loves him because he's great. He has he made any hard decisions?
Speaker 1:No. Taking shots at your
Speaker 3:boy. Hey.
Speaker 4:We just
Speaker 3:like hanging out with the guy.
Speaker 1:We just like hanging out. Has he had to do any real work ever? No. Has he has he made any single hard decision is like, no. I'm sure that's not true.
Speaker 1:But it does characterize his role, I guess. He hasn't been in the CEO seat, so he probably hasn't had to make crazy decisions like, should we launch Apple Vision Pro now or later? You know? He's not the one. He's just like, you told me to launch it.
Speaker 1:I got it done. Right? That's that's his role.
Speaker 2:Should we make the iPhone less durable?
Speaker 1:That's a hard decision. Are there hard problems he solved in hardware? Also, no. What? This is an insane quote.
Speaker 1:Wow. Ternus and others may quibble with that assessment. However, as Ternus has been involved involved with a number of innovative products over the years, including spearheading effort to develop the iPhone air and working on the upcoming foldable iPhone. That's exciting. Ternus is seen as a natural successor to Cook even with with an even temperament, strong attention to detail, and an an intimate knowledge of Apple's supply chain.
Speaker 1:That's obviously very good. But he may not bring the visionary focus and willingness to take risks that Steve Jobs had. Will John Turnis, if he steps into the role of CEO of Apple, will he bring the visionary focus and willingness to take risks that Steve Jobs had? That's a tall, tall order. I think Tim Cook's executed extremely well.
Speaker 1:He hasn't even it doesn't really seem like he's tried to bring a visionary focus. He he's been the operator.
Speaker 2:He's a supply chain visionary.
Speaker 1:He's a yeah. Visionary in his own way. You were thinking, and we've been discussing this need for a Steve Jobs of AI, a visionary leader in AI. We have a number of household name type CEOs, Sam Altman, Elon Musk, Dario Amade, Demis at Yeah. DeepMind.
Speaker 1:But we don't quite have that Steve Jobs. Maybe that's too tall of an order Yeah. But you still think it's necessary. So walk me through your thinking.
Speaker 2:Yeah. Everybody's worried about not having a job because of AI. AI needs jobs too. They need a Steve Jobs.
Speaker 1:Yeah. Oh, I didn't get that. That's good.
Speaker 2:We've talked about this a little bit this week. I tried to summarize it today in the newsletter. I went back and looked at the history of the phrase tech clash. It was originally coined by Adrian Waldridge, an economist in 2013. Mhmm.
Speaker 2:He correctly predicted that, quote, the big developments of 2014 will be the growing peasants revolt against the sovereigns of cyberspace. The Silicon Elite will cease to be regarded as geeks who happen to be become filthy rich people who happen to be geeks. Over the coming years, he was entirely correct. It was actually in 2018 that Techlash was the runner-up word of the year.
Speaker 1:No
Speaker 2:way. So he he like Yeah. Called it perfectly. Obviously, you had the Cambridge Analytica scandal Yeah. Which is actually finally gonna be dramatized this year with the social network too.
Speaker 1:That's coming out this year. Do we have a release date yet for that?
Speaker 2:I don't think so. Okay. But it is in the works. And yeah, just growing concerns about monopoly power, privacy, democracy, censorship.
Speaker 1:Really quickly, Tyler, 10/09/2026?
Speaker 4:Yeah. That's what I'm seeing as well.
Speaker 2:There we go. Okay. Do.
Speaker 1:Okay. Book the tickets now. It's gonna be an entertaining. This
Speaker 2:would be a good We should organize We should we should actually, I don't know. I I'm not sure that this movie is I I expect this movie to hit like 10% Yep. Or potentially negative in comparison to the social network I
Speaker 1:agree.
Speaker 2:And so I think it might be the kind of thing you get a bunch of people to go and it's
Speaker 1:just like Yeah.
Speaker 2:Okay, that that was
Speaker 1:The social network, the original movie is is a really good Rorschach test for are you gonna have a good time in tech? Like if you ask someone who is thinking about working at a company or a tech startup, like what do you think of the social network? And they're like, oh, I thought it was, like, awful and, like, I hated all of it and there were no heroes. Well, they're probably not gonna enjoy tech. But if they came away from it being like, oh, well, it's actually really inspiring now.
Speaker 1:Because he just coded a thing in his in his dorm room that became really And, yes, there was drama and and fights over who gets what on the cap table. But even Eduardo Saverin became a multibillionaire. So, you know, sort of an aim for the moon hit. Land amongst the stars situation. Most people, most tech insiders, if you ask them about the social, they were like, that was inspiring.
Speaker 1:I listen to the music all the time. It inspired me to grind harder,
Speaker 2:I'll continue. So first Tech Lash Yep. Is all about how is this impacting our mental health, how is this impacting our democracy, the foundations of our country, society, privacy, censorship, etcetera. The second Tech Lash has begun, feels like it started last year. Know, this is one of the yeah.
Speaker 2:Things like You don't really know, like sometimes it takes a while to realize like, okay, we're we're in this thing now that we can look back and see Yep. How public opinion has been forming around this. So Yeah. I believe the average American believes that technology and now AI is now like a threat to their way of life. So I was looking at There
Speaker 1:were rumors of the tech lash in 2024 when the image generators came out. A lot of the arts community were saying this is really, really bad. It's gonna put artists out of jobs. The the the thumbnail community on YouTube was upset. But this year, it's solidified around there's, like, three or four key points Yeah.
Speaker 1:Key talking points. If you talk to someone, why don't you like l AI? Well, it's it's stealing copyrighted information. It's slop. Yeah.
Speaker 1:It's putting people out of jobs. It's stealing water and stealing power. And each one of those
Speaker 2:some was like, okay. These tech our lives are now existing in these platforms. Yeah. Yeah. And they are in some ways more powerful than the government.
Speaker 2:Yeah, Maslow's yeah, hierarchy of needs pulled up. Mhmm. And I was just like going through and looking at physiological needs, right? Air, water, food, shelter, sleep, clothing, reproduction, safety, personal security, employment, resources, health, right, all these different things. And then you just go up and you can see that, like, there's good reason for the average American to just kind of believe, like, AI is gonna mess all of this up, right?
Speaker 2:So starting at the bottom, Americans have heard that data centers use a lot of water. Yep. Not necessarily factual.
Speaker 1:Yep. It's been Sure sure,
Speaker 2:water is used in the process. Yes. But we're not, like, you know, blowing through water at the rates that the public
Speaker 1:sort perceives. I was joking about this online. I was hypothetically debating with a AI doomer about water usage. Well, are they long water stocks? Because if you if you believe that AI is gonna use all the power and you bought GE Verona, you did very, very well.
Speaker 1:But the water stocks have not mooned. So, hey, D cells who think AI is gonna use all the water, maybe you gotta put on a long position.
Speaker 2:Yeah. Just privatize a public utility. Yeah. Become a monopolist.
Speaker 1:AI does use a lot of power, and there's a lot of investment theses that can be built on top of the semi analysis energy model. So why doesn't semi analysis have a water model? Oh, because it's actually not a bottleneck to anything.
Speaker 2:Yeah. So the power thing Yeah. Is is more real. I have to imagine people are reading an article. Oh, your power bill might be going up.
Speaker 2:If your power bill just goes up because it's a winner, they're like, oh, thanks AI.
Speaker 1:Yep,
Speaker 2:Thanks to yep, pop. I didn't ask for this. So they've seen Terminator two, so they can imagine kind of like the sci fi scenario playing out. That's one factor. If they're super online, they might have heard like the Casey Hammer or other people talking about this, like solar panels, an AI system just saying like, hey, actually this farmland, I could use it better than you humans.
Speaker 1:Remember that Ilia video? Oh, Yeah. So he did an interview with the San Francisco Chronicle. There was this video. It was like a video documentary almost where they were interviewing him, there was no questions.
Speaker 1:So you never saw who was asking the questions. But he was giving his answers, he's sort of like sadly walking around on a gloomy beach. It's like very moody. And
Speaker 4:I I would say it's he was aura farming. Looked sick. Yeah. He looked over the
Speaker 1:He did aura farm San Francisco a little bit. But as I was getting dressed up as him for Halloween, we were playing that video, and the makeup artists who were who were applying the Ilias Sutskever, you know, all the makeup to me, were watching that being like, that's not inspiring at all. Okay.
Speaker 2:Yeah. And I didn't even include that in here, but that's like the reaction. Like, every time people hear leaders at labs talk Yes. They're like, turn it off.
Speaker 1:Opposed to you could show someone, an Apple ad or a Steve Jobs clip, and and it would be like, oh, dancing on your wired headphones with your iPod? Like, I love music. They're making music available. Great. I love it.
Speaker 1:And there were so many things that were just inspiring.
Speaker 2:Yeah. Moving up the pyramid, people have been told that AI is coming for their jobs. Mhmm. Some people have like actually had an experience
Speaker 1:Yeah.
Speaker 2:That made them feel like, woah, I I thought I was I thought what I did was unique and Yeah. Special. Now I'm watching AI agent job. Kind of do it on my own computer. Yep.
Speaker 2:Maybe, you know, imagine somebody that's driving for Uber and Lyft and all day long they're driving and they're just seeing way they're sitting next to Waymo's in traffic and you're looking over and there's no one in the seat like Yeah. That's ominous. That's that's that's gonna be scary if that's how if how somebody puts food on their table. And then every single CEO last year was saying like, we have, you know, fortunately, we have increased efficiency due to AI. Yeah.
Speaker 2:And so we've laid off 10,000 people. Yep. Right? And so a lot of that is just kind of like spin, marketing, etcetera. But that's what people are hearing.
Speaker 2:Right? Totally. And then you look at what are the AI leaders are actually saying. So so Ilya talking for ten minutes, people are like, woah. That doesn't Ilya seem is saying like
Speaker 1:He he's saying, let's not do that. He he's he's trying to prevent that bad stuff. Sure.
Speaker 2:I'm sure.
Speaker 1:But it still reads like, woah, didn't realize they were taking that seriously.
Speaker 2:Yeah. So you look at the quotes just you could easily look up quotes from Dario. Obviously, he had his quote AI could wipe out half of all entry level white collar jobs Mhmm. And spike unemployment to 10 to 20% in the next one to five years. Rough.
Speaker 2:Elon had a good quote from over a decade ago. He said, with AI, we are summoning the demon. Some people
Speaker 1:today might say the demon has been fully summoned.
Speaker 2:Fully summoned.
Speaker 1:Fully summoned.
Speaker 2:And Sam obviously said at one point, AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies. That's like crazy. And so this kind of messaging, credit to them, it's like Yeah. Super effective for fundraising. Right?
Speaker 2:Sure. If somebody's saying like all jobs will be wiped out, the world will be destroyed. Yeah. But in the meantime There's
Speaker 1:a lot of funds that are long demon. You know, you're just like The demon thesis. The demon The the free cash flow from demons.
Speaker 2:Yeah. So it's like sitting there being like, if AI is gonna eliminate my job Yeah. I wanna own a piece of it. Yeah. So, you know, maybe maybe I Yeah.
Speaker 2:Benefit from it. So the big issue is like anybody that's hearing all these Mhmm. Like, why would they actually be excited about AI? Mhmm. Right?
Speaker 2:Even though even though it is so incredible in so many ways.
Speaker 1:It's not that they're not pitching it like Steve Jobs pitched GarageBand, which was like, now anyone can be a musician. Now anyone can be their own doctor is inspiring, but it's just like they are fighting an uphill battle because of those other quotes.
Speaker 2:Yeah. If if somebody is kind of like generally scared of AI, what content do you point them towards? Typically, you'd wanna point them towards the people building it. So I've just been feeling like there's this Gap. Gap.
Speaker 2:Steve Jobs size hole. Right? Yeah. He had plenty of concerns about technology. He them freely.
Speaker 2:Somebody once asked him, so your kids must love the iPad? And then he he said, my kids haven't used it. He just said, we limit how much technology we have in the home. He did talk about losing the PC race to international business machines. He said, if for some reason we make some big mistake and IBM wins, my personal feeling is that we are going to enter a computer dark age for about twenty years.
Speaker 2:Yeah. You can imagine Sam saying something like that around, you don't want and you've seen the internal messages between him and Elon talking about losing to Google. To Google. It's like, oh, we don't want Google to control the AI god. Right?
Speaker 2:Yeah. 1994, Rolling Stone's interview. Rolling Stone interview, he the interviewer said, nevertheless, you've often talked about how technology can empower people, how it can change their lives. Do you still have as much faith in technology today as you did when when you started out twenty years ago? Steve says, oh, sure.
Speaker 2:It's not a faith in technology. It's faith in people. Technology is nothing. What's important is that you have faith in people, that they're basically good and smart. And if you give them tools, they'll do wonderful things with them.
Speaker 2:It's not the tools that you have faith in. Tools are just tools. They work or they don't work. Mhmm. It's people you have faith in or not.
Speaker 2:Yeah. Sure. I'm still optimistic. I sometimes, but not for long. I wrote the facts of the facts Steve Jobs was not one to shy away from impressive specs and massive scale, but flipping the final line from AI will cure cancer to humans will use AI to cure cancer makes all the difference.
Speaker 2:Apple put human centrality at the heart of everything they did. Even when they were talking about something like a CNC to mill an aluminum block into a MacBook Pro, the focus was not on the CNC. Mhmm. It was, on what it allowed the human being to do. So, yeah.
Speaker 2:At the end of this, I just said, like, I think AI has a massive narrative problem right now. It The narrative is working within the industry. Mhmm. It's not working for people that are outside the industry. And I just don't I really don't think it has to be this way.
Speaker 1:So there's, some massive news from Meta. They are doing a big deal with Oklo to build nuclear power plants. The headline from The Wall Street Journal is Meta unveils sweeping nuclear power plan to fuel its AI ambitions. Meta Platforms on Friday unveiled a series of agreements that would make it an anchor customer for new and existing nuclear power in The United States where it needs city sized amounts of electricity for its artificial intelligence data centers. The Facebook parent said it would back new reactor projects with the developers TerraPower and Oklo and has struck a deal with the power producer Vistra, which is up 11% today, to purchase and expand the generation output of three existing nuclear power plants in Ohio and Pennsylvania.
Speaker 1:Meta aims to see the first new reactors delivered as early as 2030 and 2032
Speaker 2:because view Meta as like a a nation state.
Speaker 1:Yeah. Well, that that so the problem is the globe. It's impressive. Meta operates all over the globe. But why aren't you thinking bigger?
Speaker 1:Who's the director of solar system level energy development? Gal galactic energy True. Production. True. Energy production.
Speaker 1:You should be producing energy all over the universe, Meta. OCLO and Meta is making this announcement. 1.2 gigawatts is the total size of this nuclear campus in Pike County, Ohio. The agreement includes binding prepayment to support fuel procurement, enabling OCLO to advance early project work to and secure fuel, adding new, clean, reliable power to the grid. So let's move on to the big news of the day.
Speaker 1:Andreessen Horowitz raised $15,000,000,000. Why are we here? Why did we raise $15,000,000,000? Massive suite of new funds. The hall represents 18% of all venture capital dollars allocated in The United States in 2025.
Speaker 1:A 16 z is now at 90,000,000,000 of AUM.
Speaker 2:Andreessen Horowitz hears your feedback that it's too loud, that it would shut up and dribble, that it should shut up and dribble, politically speaking, that you don't agree with a recent investment or two, that it's unbecoming, to quote the pope, that there is no way it will ever generate a reasonable return for LPs on such enormous funds. A 16 z does hear you. It has been hearing you at this point for nearly two decades. Overnight success. And then he goes in to a bunch of the history and the news.
Speaker 1:But there was some spice. We gotta get to the drama. So Andrew's and Horace, they put out this image. We why we raised 15,000,000,000. We're all in on America.
Speaker 1:And what image do they use? They use Mount Everest. They're climbing Mount Everest. The the metaphor is clear. It's the tallest mountain.
Speaker 1:We're the tallest mountain in Venture. We got the most money. We're we're the biggest firm. But a lot of people are saying, hey, why do you use a Chinese mountain? Why do you use a Chinese mountain?
Speaker 1:It's Everest. It's over there in China. It's actually half in China, half in Nepal.
Speaker 2:White House officials have talked about a $5,700,000,000 payment Yeah. For for Greenland. Yeah. Right? That depending on what type of payment would be needed for place like Nepal, right, you
Speaker 1:can
Speaker 2:imagine it being potentially less than that. We should insist that all data centers that are built are architecturally beautiful in the neoclassic style.
Speaker 1:Yeah. Shyam Sankar, you know, he he wants data centers built that are architecturally beautiful in the neoclassical style. You have you seen those photos of the AWS data centers that back up onto Virginia housing developments? So it'll it's just like an idyllic few houses that just look like a normal neighborhood and then just behind out. Massive white school box.
Speaker 2:They're like, I'm not leaving. Well,
Speaker 1:now, you don't even get a box, you get a tent because Meta is now they gave up on their previous architectural design, and now it's just a tent, which maybe is more more aesthetic. If you're gonna do a tent, Meta, I think you should make it like a circus tent. Get some red and white stripes going. Get get some constant, you know, clown music going.
Speaker 3:Get the get the workers
Speaker 2:in the data center to be wearing clown.
Speaker 1:Economy. Imagine being as locked in as the Kyoto architecture community was in 1397. I cannot believe this was built seven hundred years ago, sixteen hundred or six hundred years ago. Explain what
Speaker 4:So there there's some lore here.
Speaker 1:Give me the lore, Tyler.
Speaker 4:Okay. So so, yeah, 1397 when when it was built Yeah. I think in maybe 1950. Mhmm. So it was like a temple.
Speaker 4:Right? So there's there's monks that lived there.
Speaker 1:Okay.
Speaker 4:And I I think it was 1950 For five
Speaker 1:hundred years or six hundred years.
Speaker 4:Yeah. Okay. The one was living there and Yeah. He burned down the temple. Woah.
Speaker 4:And then he tried to, like, commit suicide
Speaker 1:No
Speaker 4:way. Right outside
Speaker 3:actually used in the original In
Speaker 2:the original?
Speaker 4:Design. Yeah. There's a good
Speaker 3:Yukio Mishima book about this.
Speaker 1:Oh, really?
Speaker 2:I really wanna bring back Moats. Moats. Moats. Right? The obvious thing that's missing from modern architecture.
Speaker 2:People talk about the material use, the form factor, but the obvious the elephant in the room is a lack of moats in modern Indeed. Architecture. We need to bring back moats, gators in the moats, potentially sharks. Yeah. People have like fish, you know, ponds, but why not just go size it up a little bit Do know if modify?
Speaker 2:Shark pond. Imagine, you know, people go out, they like the being relaxed and kind of like feeding the Yeah. Feeding the the the koi. But imagine just, you know, throwing like chicken breasts into the water for a shark. How relaxing that would be Yeah.
Speaker 2:If you needed just, you know, fifteen minute break from Yeah. From work before you get back to your email job.
Speaker 1:In other news, they three d printed a Starbucks. Has a new drive through in Texas. The coffee giants, first three d printed store in The United States. The way it shows up, you basically get like a crane with a gantry that can move the the nozzle in an x and y axis, and it just pours cement in loops, circles again and again and again.
Speaker 2:Okay. Need to know I need to know how quickly they built this and how much it costs. Because if this came in at at 80%
Speaker 1:They said it was it was $2.02 g's, $2.
Speaker 2:Starbucks was down to their last $2.
Speaker 1:And they're just like, yeah.
Speaker 2:I just three d printed. What is a normal what is the average Starbucks Normal Starbucks cost. Stand alone building cost.
Speaker 1:Tyler asks, who is the architect? And Pete says, Slop GPT.
Speaker 4:So the total investment range for a Starbucks location is 760,000 to 2,200,000.0.
Speaker 2:See, that's not
Speaker 4:It's kinda like like right in the
Speaker 3:range there.
Speaker 2:It's got one.
Speaker 1:Traditional Korean architecture with its visually rich harmonious patterns produces lower levels of visual stress than modern facades with repetitive patterns hard lines and high contrast materials, which are more likely to overload the visual system and contribute to discomfort, especially in dense urban areas. There's some research that suggests that having variation in your architecture actually can reduce stress, which is fascinating.
Speaker 2:Yeah. Try to zoom in on this picture on the left, you Yeah. Click in because you can see the the one on the left it's it's way for something it just feels more organic or Yeah. Natural. Right?
Speaker 2:I think a 16 z needs to build Yes. A like a massive gold superstructure They do. In the heart of San Francisco carve out, you know, the the Yeah. Who knows what the fee structure is,
Speaker 1:but You take half of
Speaker 2:it. Take half of the fees and just build a monument. Monument. Monument.
Speaker 4:What do think? I think we should kinda look back to Charlie Munger's design for the UCASB. Yeah. The lock in. Yeah.
Speaker 2:Dormzilla. He just wanted He wanted lock in.
Speaker 1:Wanted everyone to lock in and he was he was killed for it. Was ridiculous.
Speaker 2:Pull up this article, you can see the design and just how many just how many rooms in this place are windowless. It is very, very powerful. So on the outside, it looks like Beautiful. I think he just knew that people were only gonna have a few by the time this was built, people would only have a few years to escape the the permanent underclass Yeah. And windows would distract people.
Speaker 2:France will delay the g seven summit to avoid conflict with mixed martial arts.
Speaker 1:Really? On on Donald Trump's birthday?
Speaker 2:Yeah. So they're gonna delay Group of Seven Summit to avoid a conflict with the mixed martial arts event planned at the White House on Donald Trump's birthday.
Speaker 1:Do you think they have a group chat for the g seven? And it was like, hey, can we get together? We gotta get together.
Speaker 2:We gotta get together.
Speaker 1:We gotta do a summit. I've missed you. It's been too long. And and Trump's in there. I'm I'm I'm I'm I'm watching UFC that
Speaker 2:in my house. Gonna be really awkward if I'm not there.
Speaker 1:I gotta be there. Let's plan another another summit, another time. Well, speaking of Trump, Lip Buutan is in his good graces. Donald Trump
Speaker 2:His new best friend.
Speaker 1:On Truth Social. He says, I just finished a great meeting with the very successful Intel CEO, Lip Buutan, LBT as he's called. Intel just launched the first sub two nanometer CPU processor designed, built, and packaged right here in The US Of A. The United States government is proud to be a shareholder in Intel and has already made through its USA ownership position tens of billions of dollars for the American people in just four months. We made a great deal and so did Intel.
Speaker 1:Our country
Speaker 2:is You're kind of slipping into that. Oh, yeah. By the end
Speaker 1:of the year, I'm gonna have it down. Our country is determined to bring leading edge chip manufacturing back to America, and that is exactly what is happening. And and people are asking for particular financial advice, which we won't which we will not give. Just four months after The United States invested in Intel, that investment is already delivering tens of billions of value to the to The United States people. That momentum continues with Intel's new 1.8 nanometer processor and a major step towards bringing semiconductor manufacturing back home.
Speaker 1:Let's play this clip from Lip Bu Tan talking to Howard Lutnick.
Speaker 5:I have the pleasure today of welcoming Lip Bu, and he's come to the Department of Commerce to update us on how Intel has been doing since we made our historic investment in the company.
Speaker 3:Oh, thank you so much. I'm so delighted to come over here to CEO. We doubled the market cap. It's over 200,000,000,000
Speaker 1:200,000,000,000. That's also very exciting. We announced our
Speaker 3:products first time on the '18 a production in the world. Impact. For series three processor with multiple of our customer in US globally, and using that is the most advanced post design and also using our most advanced productions.
Speaker 5:Right. So for The United States, we we love the fact that Intel is doing leading edge work in America.
Speaker 3:In America.
Speaker 5:Right? 18 a means 1.8 nanometer. 14 a is 1.4 nanometer. I mean, think of how sophisticated and tiny that is. And then packaging.
Speaker 5:Yes. You take this little little little little teeny thing and how you put layers and layers of sophisticated circuitry on top of it. And you do it with, you know, just the most amazing doing that.
Speaker 1:Seems like it.
Speaker 5:In America, leading in America by a US company.
Speaker 1:Get yourself an
Speaker 5:investor that talks
Speaker 1:about your company like this.
Speaker 5:We're proud of you.
Speaker 1:This is
Speaker 5:Okay. We're rooting for you, and we need you to be successful for America.
Speaker 3:Thank you so much.
Speaker 1:This a new startup launch video. You do a deal, you raise some money from a VC, and you gotta put out a music a video like that. You guys sitting down on the couch next to each other with a succession music, and they explain your business, shake
Speaker 2:your hand, and There's so many new formats.
Speaker 1:US oil executive is commenting on Venezuela. No one wants to go in there when a random effing tweet can change the entire foreign policy of the country. And deep dish enjoyers is l m a o. It is it is remarkable how online this this administration is. You saw during the you know, people have been celebrating the death of X, and yet during the invasion on in one of the images of the of the war room, in the background on the TV was just x.com/search for Venezuela.
Speaker 1:Let's see what people are saying. Well, in other news, OpenAI is reserving $50,000,000,000 for a stock grant pool. Jack Rain says, dollars 500,000,000,000 company doing 13
Speaker 2:in billion
Speaker 1:revenue, projecting $50,000,000,000 in equity comp is so good.
Speaker 2:Price of SF real estate is going up.
Speaker 1:Price of the the AI research are going up, but they have the money to to distribute. And with that, we'll say goodbye and have a great weekend.
Speaker 2:Have an amazing weekend. Thank you for watching. We love you.
Speaker 1:See you
Speaker 2:on Cheers. Goodbye.