TBPN - Samsung’s $70B Chip Bet, Apple Doing Nothing But Winning AI, Bezos’ New Fund | Diet TBPN

Episode Date: March 19, 2026

Diet TBPN delivers the best of today’s TBPN episode in 30 minutes. TBPN is a live tech talk show hosted by John Coogan and Jordi Hays, streaming weekdays 11–2 PT on X and YouTube, with each episode posted to podcast platforms right after.Described by The New York Times as “Silicon Valley’s newest obsession,” the show has recently featured Mark Zuckerberg, Sam Altman, Mark Cuban, and Satya Nadella.TBPN is made possible by:Ramp - https://Ramp.comAppLovin - https://axon.aiCisco - https://www.cisco.comCognition - https://cognition.aiConsole - https://console.comCrowdStrike - https://crowdstrike.comElevenLabs - https://elevenlabs.ioFigma - https://figma.comFin - https://fin.aiGemini - https://gemini.google.comGraphite - https://graphite.comGusto - https://gusto.com/tbpnKalshi - https://kalshi.comLabelbox - https://labelbox.comLambda - https://lambda.aiLinear - https://linear.appMongoDB - https://mongodb.comNYSE - https://nyse.comOkta - https://www.okta.comPhantom - https://phantom.com/cashPlaid - https://plaid.comPublic - https://public.comRailway - https://railway.comRestream - https://restream.ioSentry - https://sentry.ioShopify - https://shopify.com/tbpnTurbopuffer - https://turbopuffer.comVanta - https://vanta.comVibe - https://vibe.coFollow TBPN: https://TBPN.comhttps://x.com/tbpnhttps://open.spotify.com/show/2L6WMqY3GUPCGBD0dX6p00?si=674252d53acf4231https://podcasts.apple.com/us/podcast/technology-brothers/id1772360235https://www.youtube.com/@TBPNLive

Last time we had Mark Cuban on the show, we were debating ads in LLMs. And since then, we've gotten a bunch of data points about ads in LLMs. And I think that some of his takes have probably aged well. Some of our takes have probably aged well. It'll be an interesting time to reevaluate what's actually happening. There's been a lot more points. I don't know, John. I said that ads would be fine.

And now the world is ending. Yes. Here's a white pill. Samsung is investing $70 billion. to advance their fab capacity. They're getting back in the AI chips game. They've always been in the AI chips game. So brief history of Samsung, you probably know them from the phones, from the TVs.

They, of course, are a major player in HBM, high bandwidth memory. They are a massive company. Over a quarter million employees. They're close to touching a trillion dollars in USD market cap. They pull in around 200 billion USD a year in revenue, maybe 250 billion this year. in revenue, really good. All that's USD. I like to think in USD, because I'm an American.

They're the global leaders in memory and OLED displays as well. So a lot of the displays that you see in other electronics, even it has a different brand name, still Samsung actually making that OLED display. But they're second in smartphones to the iPhone and Apple, and they're second in the semiconductor foundry business to TSM.

Semicctors still make up 30% to 40% of their business, and they supply HBM to Nvidia, NVIDIA for the H100 and Blackwell systems. So it's not like they're sitting out the AI bull market. They are doing great. They are definitely participating. They're incredibly important in the AI build out. But if TSM is bottlenecked and TSM is sort of a risk off and they're not going to be,

you know, guiding to like insane KAPX numbers while every American hyperscaler is, well, that creates an opportunity for Samsung. And so Samsung is stepping up and they're announcing that, hey, we're going to put another $70 billion to work on this particular business. So Tesla has been working with Samson. on the Foundry side in AI for a while. So Samsung's never really been on the frontier with a direct competitor to the H100 or the Blackwell chip.

That's been more of like AMD's game and AMD also founded TSM. So there hasn't really been this like neck and neck battle between TSM and Samsung, but it's like you can do AI inference on a Samsung chip and we know that because Tesla went to Samsung years ago and said, we need a chip that can take in pictures from the road, decide where the lines are. and decide.

They want their chips with the dip. They want their chips with the dip, and now Samsung does too. That's all I know. And so the FSD system, if you have a Tesla, you might be familiar with like HW3, hardware three, that has been deployed into millions of cars. And it was fabbed on Samsung's 14 nanometer process, which is a lagging node. We're not in the three nanometer, the crazy frontier stuff. But it's working and it's on the road.

And according to a U.S. regulatory probe, there were 3.2 million. vehicles, Tesla's on the road in America with FSD systems that were basically all running Samsung chips inside. Now, to be clear, Tesla, just like any foundation model lab company, they have training and then they also have inference. They're a little bit different than many of the labs that you know and love because they do training in a data center using what's called the dojo chip and that is FABD TSM. So they train the system, they take all the data in from every single.

Tesla camera, every road, all the information that they have. Every time that there's a disengagement, that's feedback to the reinforcement learning system. It says, hey, we were in FSD mode, but then someone grabbed the wheel or someone stepped on the brakes. You made a mistake. Understand what happened to get you to that point where you made that mistake. And so all that data gets collected in the Tesla Data Center, runs on these Dojo chips. They do the training, and then they deploy the model onto the Samsung chips in the actual cars. So with the backdrop of Nvidia's massive, of GTC news cycle, they've done so much press around GTC and so many different launches. You know that NVIDIA is just going to suck a lot of the air out of the semiconductor discussion

this week. Out of the clean room. Yes. Which is recycling all of the air every three seconds or something like that. Yeah, but I think this is like particularly important, especially this morning. I guess the CCP put something out in the almost 24 hours basically saying, hey, Taiwan is going to have an energy crisis due to the broader global energy crisis. So we need to reunify peacefully.

There's an opportunity for peaceful reunification. But peaceful reunification, even if it was completely peaceful and all the Taiwanese people just say, hey, we want to be part of China. They all vote for it democratically. That's going to be rough for the American chip buying industry. And so having another chip on the board metaphorically to make physical chips is probably a good thing. So yeah, Samsung's been doing well over the last five days. Stocks up 11% during a time when the NASDAQ is down 2.2% and geopolitically

tensions continue to rise. The compute bottleneck, we know it's important. We've been discussing this constantly, and it's going to be very constraining over the next few years. So every increase in CAP-X in the supply chain is a step in the right direction. And so Samsung gets the first gong hit of the... Congratulations to everyone over at Samsung making a big bet. Cursor is out with Composer 2. Composer 2. It is frontier level at coding priced at 50 cents per million input tokens and two and a half dollars per million output tokens it's also they have a fast version they say we're able to significantly improve the model quality and cost to serve these quality

improvements come from our first continued pre-training run providing a far stronger base to scale our RL it's not one of these graphs that's just like oh look we made some arbitrary x and y axes and like we're in the top right corner of course because the axes are like good and cool. Yeah, we're the only one that's being. On TBPN, TBPN Bench, like, technology podcasts,

publish at least three hours of content every week. Yes, yes. Naturally, we are right at the top. Right at the top. And it's actually there's no one else on there. Yes. But, yeah, I mean, this seems fair. It is a little bit odd to read this because the cost, the cost is on the X axis

and it's inverted. So the further you are to the right, the cheaper you are. Which makes sense because people associate an X and Y graph with you want to be in the top right quadrant and they certainly are. And it does seem like in terms of this Pareto Frontier, you want to be on the frontier. You want to be pushing out across every single curve. Maybe if you are interested in sparing no expense, you'll go with the GPT 5.4 high or medium model and you can align cursor to GBT.

I'm sort of surprised that Opus is not doing as well on Cursor bench. That feels surprising based on like the general vibes around Opus 4.6 generally, but Cursor has specific needs for specific customers. And I don't know. What else do you think is going on here? Yeah, I mean, the cost is really big. This is basically like 10x cheaper than Opus. So I think also cursor has kind of been like not really a dark horse like everyone knows about it.

But in the coding race, it's like everyone's like, oh, okay, there's codex versus Claudeco. Yeah. If you imagine that cloud code and codex are kind of like these environments for getting a ton of like really good data for training coding models. Like Kursar has had that for way, way longer than Open Air Anthropic. Yeah. So you should imagine that like at least, you know, in the near term, like they actually have like really, really good data that they can, you know, train these good models on.

And obviously like this is a very specific model. They've said it like, you're not going to write poems with this model. It's this very like specific almost like point solution model where it's just coding. Don't listen to them, Tyler. Write a poem with the model. Poem bench. Poem bench. Yeah, I would be interested to know how many sacrifices were made because at a certain point,

like, I remember talking to an AI researcher, actually a semiconductor, who was saying that, like, he actually thinks, he actually does believe that importing, like, The Odyssey and, like, Homeric epics is key to humanoid robots learning to walk. Yeah, well, I think, like, if you look back at just like the general history of, like, machine learning AI, like, the lesson is that, like, big general models always beat these small specific models. Yes. But if you kind of zoom in on the time scale, like, you can still train GLM, some open source

model on a very specific task, like accounting or something. And you can, like, he'll climb and you can actually make it better than the frontier models right now. At that specific thing. Yeah. And especially at cost. Yeah. Yeah.

Very much so. But, like, on the long term, if you zoom out, what actually wants here, it seems like it's basically always going to be these big, you know, general models. And I wonder, I wonder if that's true. We talk about this a lot where the big general model outperforms the smaller model. But at the limit, like if you were to think about like a Python if statement, just like flow control that is truly deterministic, if you piped the same question of like the if statement, like is this number bigger than this number, you pipe that into 5.4.

It's going to get it right all the time. It's going to be very expensive compared to an if statement which takes like no, no compute whatsoever. But the if statement is 100% accurate. Legendary poster, S.KALP, says all S-H-I-T-S and giggles on that headline till Anthropic or OpenAI decide to cut off their access to cursor, referencing the Bloomberg article. Cursors are taking on Anthropic and Open AI with a new AI coding model. Would that matter?

Like at this point, if they have Composer 2 and it's a small model, but it's good at writing code and it performs well on Cursor bench, and the cursor users are satisfied with the Composer 2 model. And they do, cursor does get their access cut off. And when you install cursor, you roll it out to your organization, you just get Composer too. And you know what? It's, it's, you know, maybe there's taste that wouldn't pull you towards the office.

Yeah, we just say at this point right now, I don't think we have any visibility until like how much of cursor's revenue right now is tied to using opening I or anthropic models. George says I'm hearing tons of complaints from cursor customers at enterprise companies a silent change, but almost all models cursor uses behind Max

mode. Devs he used to manage to spread out monthly credits over a month. See all of it used up in one to two days. Oh, interesting. Are furious and switching. It does feel like there's a little bit of like an economic war here. Yeah, and this is what came up earlier this month around the lab sort of subsidizing. Yeah. You know who's... They're not in an easy position, but they're such a talented team. Nikita says, we're rolling out summaries for articles now. Just tap the summarize button if you want to know if it's worth your time to read it. Yes. And yeah, it's basically GROC.

Turn this into a regular tweet. I am excited about the listen button. I've had this, you know, on my commute. There's so many moments where I'm like, I wish I could just have somebody read this article. I actually wound up doing this with a number of Will Menitis long form essays. I would copy them, put them into 11 reader from 11 labs

and have it read it to me in sort of a silly voice. A silly voice. It was a good time. Well, I was actually trying to use I was trying to use GROC in the X app to just take an article paste it into GROC and say, hey, can you read this to me? It said, cannot find the post. This is a response to every article.

People would post, people would always say, GROC, summarize this. And now there's just a button. I recently learned that you can only ask GROC, like at GROC, is this true? You can only do that if you're paying for X. Sort of underrated how well X has seemingly I don't know how big the subscriber base is, but that was a crazy idea to have a paid social network. I think it's because people are deeply addicted to X.

Yeah. It is very valuable to them to be on there to participate. Yeah. And the paid functionality, the way that it was marketed and the way that it generally worked was like, you were gonna have a bad time on X. Like if X was valuable to you and you didn't pay the $10 a month,

it was gonna be like significantly less value. to you probably you know you might you might depending on what kind of business you're running or what you use X for it might be the equivalent of like losing thousands of dollars a month of value or you could just pay the ten dollars yeah so it was a good trade yeah but it was also just it was weird how the targeting never seemingly got dialed to the point where you could actually target the CEOs of companies who are on X like I mean you see Travis Kalanick on X like replying to things it's like he's raising money he's growing a business like

there's a lot of value in advertising to him because he's going to be picking a corporate card soon or he probably already has or it might be in that market he might be picking a payroll suite like there's all these things where if you could deliver that to that audience it would be incredibly valuable and the CPM should be like through the roof but I think for privacy reasons

and for variety of other reasons and sort of like really monetizing that long tail has been very difficult across every platform so they've just gone with scale and the products that have have sold the most on social networks have been very broadly marketed. The criticism that we saw from the Oscars is always like YouTube ads are generic. It's just like for a pillow or like injury or like something that applies to every single

person. But there's always this like hyper-targeted opportunity there. Yeah. The other thing is the paid program with X has seemingly worked in that we know a lot of people that happily pay and have no plans to churn. But it would be a failure in the context. of like meta scale, right? I think the last reported number that I saw was something like one to one and a half million paid subs at $10 a month. Oh, on X? Yeah. So you're talking about

somewhere in the range of 100 to 200 million of like ARR. If Zuck had launched a product like that, he would just wind it down, right? Yeah. Reels went from zero to 50 billion of run rate in like a handful of years, right? That's what a home run looks like. And so I think it makes sense for X, but it certainly is not a home run from a consumer application standpoint, and they still need the overall business. Olivia Moore said, a big story that most people are missing in the AI race for the consumer, chat GPT versus Claude, is ads. Right now, most consumer AI revenue is coming from power users

who are willing to pay high subscription costs. This currently skews positive for products like Claude, but this will not be the end state. Google makes $460 per user per year in the United States, mostly on ads. I didn't know that their ARPOO was so high. Meta makes around 250. I mean, I guess those Google ads are really, really valuable, and it's so intent-driven that it makes sense.

ChatTPT's ad-based ARPUs will be even higher as they will ultimately have deeper, more frequent user engagement. Even at the $460 level, monetizing everyone in the U.S. via ads, is $152 billion in annual revenue. By contrast, if you're able to monetize even 5% of the population at $200 a month subscription, which is a stretch, that's only $40 billion. That's actually a crazy difference because $200 a month subscription is like super high like you know you're talking 20 times like Netflix or something else that's you know

Yeah, premium and like really important yeah the $200 subscription of the time was crazy Yeah, but even at that point some of the people that were more AI pill generally were like oh it's actually possible that someday you could spend $20,000 a month I was like give me the $20,000 month like so she says I suspect this will be even more drastic outside of the United States where you are even less willing to pay or directly pay for subscriptions. And the earliest data from a very small rollout shows chat GP ads are already outperforming meta in effectiveness. It just gets better over time.

So, interesting. This is an interesting story. This is an interesting story. Apple is way behind an AI and still making a fortune from it. Thanks the question. Are they actually behind? It's AI revenue is set to top one billion this year, reassuring investors wary of rivals, sky high spending.

And keep in mind. I have a chart here showing gross revenue from Gen AIA apps as well as Apple's commission. So look at this. The beginning of 2025 was really the boom of Gen AI app growth. 400 million. Is this monthly app store revenue? Wow. They're really cooking.

And then sort of a flatline. Yeah, it's so interesting that it actually dropped. Well, we did read that article a few days ago about how Apple has been. pushing back against some of the vibe coding apps. And there's this question about, you know, where are the bounds? Obviously, Apple's had pretty strict App Store rules around adult content and, you know,

what else you can do, even just the app reconstituting itself, pushing changes because they wanna review every line of code that goes into the app store. If someone's pushing 10, 20, 30,000 lines of code a day, that's a lot of code for Apple to review, gonna slow things down. So that could be a little bit of what we're seeing. Maybe they've capped out on their ability to review all the vibe-coded apps that are flooding the app store.

Apple's on pace to surpass one billion in AI revenue this year, a tidy sum that demonstrates the company's AI managed, even as it struggles to deliver an AI strategy of its own. Siri chatbot is still weak by modern AI standards. What Apple does have that the other AI players don't is a dominant position making devices. However fancy open AI, Google, Anthropic, and XAI make their chatbots, iPhones are still a primary way to deliver them to customers. That means they typically pay the App Store tax, roughly 30% of subscription fees in the first year and 15% a year thereafter.

The rates vary. Gen A.I. Apps paid Apple nearly $900 million in App Store fees in 2025. Almost a billion of revenue and very, very, very little CAPEX. Three-fourths of the revenue Apple rakes in from Gen AI apps in its App Store come from ChatGBT. Yept. Next, at about 5% is XAI's GROC. There we go, GROC. Cooking.

I mean, there's so many different funnels. They did the essay competition. They did the video competition. And I've talked to people that are just people that are in the Apple ecosystem, they're like in the Tesla ecosystem. So they're like, yeah, I talked to GROC on my way to work. I'm not kidding. Yeah, GROC in the iPhone App Store is that did 12 million last month.

Yeah. And I know I know like the true like AI heads will be like GROC's behind on this benchmark or model or whatever. Tyler, is that a correct characterization? Yeah, GROC did more. revenue, Grok did more revenue last month than it, than Claude in the iPhone app store. I've started having conversations with, I mean, I'm using ChagipT, but I wanted to just, I wanted to get up to speed on Taiwan and the, the, the, just the, like, what was the, the reason for the original Civil War and stuff. And so I was just having a conversation back and forth. At no point was I like, oh, it really needs to be like, you know, GPT 5.4 pro. It's like, these are things that exist just, like, with one search to which.

Wikipedia or one search to any, it's probably baked into the weights of 3.5. So, like, if I'm just going to be, like, chatting with someone who's, like, reasonably smart, like, I would say GROC is there. And so what do you think? Yeah, but, like, you could be talking to someone who's really, really true. No, like, not if you're asking, like, basic, basic knowledge retrieval questions that, like, they're, like, any model is going to have one shot and just be 100% of it. Yeah, but you're just describing stuff that you could just, like, actually Google.

But I can't Google via voice in my car on the drive. And for someone who's driving a Tesla and has a GROC integration right there, they're just like, sure. Like, this is great. Okay. Yeah, that's fair. But, like, I don't think those people have actually tried, like, GPT 5.4 Pro. But it's so good. It is good, but it's slow.

And truthfully, like, you can fire off the exact same query to 5.4 pro and 5.4 pro and 5.4 fast. And if the query is simple enough, the end. answer will be exactly the same. Because if I ask, if I ask 5.4, 5.4 extended thinking, like, what is the capital of California? And it thinks for 10 minutes. And it just tells me say, like Sacramento. See, you, there you go. That's why you need to think. A lot of people. I told you, I run my life on GPT2. I hallucinate a lot. But, people have said I have the mind of GPT2. It's true. It's true. Anyway, let's continue. revenue from generative AI apps rose from about 35 million in January to a high of a hundred

million in August. Do nothing win. Do nothing win. Sales have fallen from their peak, partly because Chachapiti downloads have declined, according to the data. As a proportion of Apple's total sales, $1 billion is small, yet Gen AAPs are, Gen AI apps are the growth driver for Apple's services business, which investors have focused on in recent years because it has grown faster than device sales and boasts higher profit margins. Apple's dominant share at the top of the smartphone market affords it another luxury. Time to get its own AI strategy right, so they're making money while they figure everything else out. Apple's AI plan runs counter to strategies of competitors that are spending hundreds of billions of dollars on chips and data centers to build frontier language models. Apple is spending a fraction of that, aiming instead to use all of the personal information.

People store on their iPhones together with the chips that it designs itself to power an on-device AI strategy. If they can act as a toll road for providers of AI, then they'll probably end up looking good long term for not having the big CAPEX overhang. I have to imagine that Apple is not capturing any revenue from enterprises, developers, Claude, Code, Codex, any of those developers, they're probably not, even if they, even if they are winding up using like a chat GPT subscription in Codex, they're probably setting that new subscription up on desktop.

It's not a toll road on the actual side. Yeah, but it's a toll road on consumer, which is consumer sales. All the more reason to get into ads, honestly, because Apple does not tax those. And AI is exciting for Apple because they need, they need a new product that they can just randomly bill you like $2.99. Yeah. Anytime they need a cat, like, what are you talking about? $2.99? Like, don't, don't you get just random bills from Apple, like, here and there. $2.99? Like $2.99? Yeah, like, I feel like every time I check my email, it's like,

Apple has charged you, like, random amount for some, for some subscription. Uh, in other news. Okay. Rolls-Royce has scrap plans to go all-electric by 2030 as, quote, drivers prefer V-12 and Would you look at that? I mean, and this is just a total shock. Total shock. Yeah? Total shock.

Yeah. Drivers totally had to experience, you know, being forced, EVs forced upon them for the last few years to know that they preferred combustion engines after all. Of course, I'm kidding. Elon has been saying the roadster reveal will blow your mind. If it has a V12, we've been, we've been talking about this. If he drops a V12, you know, we've been going crazy. If he drops a V12, that would completely break the internet. Yeah.

It would be incredible. Let's talk about this Tesla that you were following yesterday. Oh, yes. Did you drop this in the chat already? I sent it to you. We shouldn't share the actual picture. I saw a Tesla that was a very funny mix of it had the anti-Elon club on it, but also an 1199 license plate.

And it was a plaid and it just like mixed every possible political ideology together. And it had a vanity plate. It was very sci-fi. sci-fi. It was mixing, like, I do want to go to Mars, but not with Elon. Yep. And the license plate basically said, beam me up. So they want to go to Mars, but not with Elon. They support, they have an incredible amount of disposable income based on enforcement. They enjoy high trim levels, but they do not agree with Elon's actions. Well, maybe they work for a rival AI lab or something. And so they, they're extremely

sci-fi pill, but they just don't like, they just feel like they're competing with X-A. California has now spent over $100 million on a new bridge to nowhere. It is a wildlife bridge which I have driven by hundreds of times. I've been seeing it. I've been experiencing the traffic that it causes. I'm not against the concept of a wildlife bridge. In fact, I think it's fantastic. It does feel like in a concrete jungle, this is beautiful.

Totally. This has a lot of opportunity to actually improve the vision. aesthetic of this particular part of the state. Caleb Hammer says, bro, this state cannot be real. Isn't Caliaphammer? It's very real. Isn't Caleb Hammer, he's like a finance. Yeah, he's got like the number one.

He's like the one person you'd come to you to be like, should I spend $100 million in a bridge? And it's actually quite a bit more than 100 at this point. And the funny thing is like, it's just kind of a bridge, but it doesn't, it's lacking the entrances of the bridge. I feel like it's basically just like even just a little bit of wood to like smooth it out so that it looks like there's at least the going to be start of a of a ramp

to get on the bridge. Like the bridge looks solid, the actual center part looks solid. It doesn't feel that hard to finish this bridge. I'm optimistic that this gets done in the next 100 years like tops. Apparently Colorado built a, built a wildlife bridge or a low cost of $15 million.

Oh, that's not bad. Like functionally something very, very similar. The interesting thing is apparently the bridge, as is in some part for cougars. Cool. And the wild thing is like on one side of the bridge, you have a bunch of like residential homes. And on the other side, you have a bunch of cougars.

And so they're now going to, the cougars are going to be able to go hang, basically hang in all the backyards. So we'll see how this goes. But I'm excited for this to be finished up. What else is Anthropic doing? They're hiring for a policy manager who will be in charge of chemical weapons and high-yield explosives. This reads like you're going to be building high-yield explosives, which sounds like an Anderol job posting,

but it is in fact for a policy manager who will be hopefully stopping people from... No, no, no. I read this as somebody whose job it is to decide how Claude is used to create chemical weapons and high-yield explosives. I think it's probably like this person decides, like, where's the edge?

If you're asking, like, okay, I have a firework and I want to make sure it doesn't go off, like, should I, you know, throw in the trash or put in the recycling or take it to a special place? Like, Claude should answer that. But if you go to it and you ask it, like, how do I build a C4 or something like that? Like, there's all these, like, policy edges where if you're talking about counterstrike and you say, like, let's plant the bomb, it shouldn't flag that as, okay, you're actually trying to plant a bomb. It's like, you know, you're asking about a video game. We know how to interpret that appropriately.

But there needs to be like a human in the loop to decide like where that frontier is and where that particular trigger is Martin Screlli He's coming on Monday. Okay, for the great debate. Yeah, the great peptide debate says good music is the last mile of AI Mm-hmm and little Wayne has some thoughts on AI music. Let's play this. Let's play this two-minute clip. How you handle AI in this business now? Challenge the challenge. I love it. I love it. AI is a better thing. I love that AI is what it is. Yeah, because man, I love to be able to stand right next to whoever AI is, he, she, whatever, or whatever AI is, standing right now I'm still better. Ain't that stuff, man. I'm going to keep telling me what you do again?

Yeah. I'm going to run your list of it. I do this or do that? Yeah. I love it. I love the challenge of it. The first time I've seen somebody was, my friends was a little worried. They was like, man, bro, they got this AI stuff where you couldn't just ask it to give

you a verse like Lil Wayne. And so I did it. I said, let me have first. He gave me her best shot. Yeah. Not that they're on a couple of devices. Asked her to give me one and they are, are you suck. You suck.

I'm going to be okay. I fuck with that. Yeah, who was it? Beanie single? I think he had to start using it because he like losing his voice a little bit. Yeah, another rapper to Mogg. Basically, that's his take. That's so funny.

That's great. There is some breaking news that we do got to talk about. Jeff Bezos in talks to raise $100 billion for AI manufacturing. The manufacturing fund. The Amazon founders traveled to the Middle East, Singapore, and fundraising effort linked to Project Prometheus. That is incredible. Very, very, very exciting. Advanced talks, I don't care if it's just advanced talks. I'm hitting the. It's meeting with some of the world's largest asset managers to raise funds for the project. A few months ago, he traveled to the Middle East to discuss the new fund with sovereign wealth representatives.

It's being described as a manufacturing transformation vehicle. I am absolutely. Going up against TK, right? How maybe. I mean, TK is not as directly focused on manufacturing. Like this is something I asked. Yeah, but transportation vehicle, right? No, no, he's just thinking manufacturing transportation, like it's a vehicle, a fund for transforming manufacturing.

Oh, yeah, yeah, yeah, yeah. It's like an investing vehicle. It's aiming to buy companies in major industrial sectors such as chip making defense, aerospace, it would dwarf the size of some of the world's largest buyout funds and rival soft banks, a $100 billion fund. I got to wonder, how much, how much do you think? How much do you think Jeff is pitching in himself? He's like, I'm good for 30, you know, something in that range.

But this is such a white pill. Basically, we need to reindustrialize America. Yeah. We're not going to do it by just copying everything from the past. There's some element of transformation that needs to happen as well as new efforts. Yeah. This is tremendous news. Yeah.

And, I mean, there has been like a venture capital boom in reindustrialization, but most of the funds that we talk to that are in that category are 50, million, a couple hundred million, certainly nothing at this scale. And this has got to be incredible news for the founders that we talk to that are part of the reindustrialization effort. Thank you for watching. Leave us five stars in Apple Podcasts and Spotify. It's been an honor. We'll see you tomorrow. Goodbye.