20VC with Harry Stebbings

Mercor Head of Product on Revenue Concentration from Frontier Labs

Frontier Labs Threatened by Kimi? Should the US Ban Chinese Open-Source Models & Stripe Buys PayPal

The Open-Source AI Reality | How Token Costs Will Fall 10X & Usage Will Explode 100X | Lin Qiao

Specialized, private intelligence will define the next phase of AI as enterprises move beyond general-purpose models to leverage proprietary data for unique, high-value workflows. Fireworks founder Lin Qiao argues that the industry’s future lies in millions of specialized models rather than a few monolithic AGI systems...

We Built Our Own Salesforce in Months. Here's Why We're Cancelling the $600K Contract | Curative CEO

Meta Takes on OpenAI | Apple Sues OpenAI | SK Hynix’s $26BN IPO

Wix Founder: Will Base44 Win the Vibe-Coding Wars? | The Truth About the Economics of Vibe-Coding

⁠Why OpenAI and Anthropic Won't Win the App Layer | Glean Founder

Enterprises Fear Frontier Models | Sam Altman Offers Trump 5% of OpenAI | DeepSeek Builds Own Chips

The rapid integration of AI companies with government entities, exemplified by proposals to grant the U.S. government equity stakes, signals a shift toward institutionalized oversight and political alignment. This trend reflects a broader evolution in venture capital, where founders increasingly accept massive dilution...

Why Now is the Time for the App Layer | Why Startups Should be TokenMaxxing | Mike Mignano, USV

The AI landscape is transitioning from a massive infrastructure build-out to a proliferation of application-layer software. While foundational labs hold significant compute advantages, the next wave of value creation lies in specialized, human-aligned agents and "harnesses" that integrate deeply with user workflows. Su...

Open Models vs Frontier Models: Who Actually Wins? | The $100K Token Budget Every Engineer Will Need

The rapid evolution of enterprise AI necessitates a strategic balance between leveraging frontier intelligence and deploying cost-effective, fine-tuned open-weights models. Clay Bavor, co-founder of Sierra, highlights that while frontier models provide unmatched reasoning capabilities for complex tasks, businesses incr...

Coinbase Cuts AI Spend by 50% | Kalshi's $40B Valuation & Impending IPO | The Year for SaaS Roll-Ups

Bloom Energy CEO: Why We Aren’t in an AI Capex Bubble | Energy Sovereignty & The Future of Power

How We Got Fred Wilson, Benchmark and Index to Invest $94M | Why Robinhood's Strategy is Wrong

DeepSeek Raises at $50B | The Rise of Open Source vs OpenAI & Anthropic | OpenAI Builds Own Chip

The AI industry faces a critical inflection point as massive capital expenditures collide with the urgent need for demonstrable ROI. Talent migration from incumbents like Google to startups like Anthropic reflects a shift toward environments that prioritize research autonomy and rapid product deployment. While hypersca...

Nikesh Arora on the Frontier Model Problem: Breadth vs Depth | The Future of Token Costs

AI is fundamentally reshaping enterprise workflows, moving from passive SaaS containers to intelligent, opinionated applications that require a radical rethink of business processes. While consumer models prioritize breadth, enterprise success depends on depth—specifically, the ability to integrate proprietary context ...

Flexport CEO: Two Questions Every Founder Needs to Ask

Anthropic's Fable Banned by US Government | Wix & Adobe Hit All-Time Lows | Mistral Raising at $20BN

Perplexity CEO: Micron Will Be More Valuable Than Meta & How Export Controls Helped Not Hurt China

AI development is shifting from simple answer generation toward autonomous agentic systems capable of executing complex, multi-step workflows. Perplexity CEO Aravind Srinivas argues that the most significant economic value lies in "orchestration"—the ability to integrate diverse models, tools, and local compute to maxi...

OpenAI vs Anthropic vs Open-Source | Token Maxing, AI Hangovers & The Coming ROI Reckoning

SpaceX Launches Largest Ever IPO | OpenAI Files to Go Public | Uber Cuts 23% of HR