Limitless: An AI Podcast

Limitless

Exploring the frontiers of Technology and AI

  1. 3d ago

    The NVIDIA Bank: Jensen's $500B Wall Street Deal and GPUs as an Asset Class

    We unpack the massive $500 billion financing commitment tied to NVIDIA GPUs. Does this represent a new financing structure or a circular trade? We also cover the risks around AI demand, GPU pricing, and whether this approach could reshape how AI infrastructure is funded. ------🔒 Check Out Our Sponsor: LEDGER AGENT STACK 🔒https://developers.ledger.com/docs/ai-tools/overview/?utm_source=Audio&utm_medium=Podcasts&utm_campaign=Limitless ------🌌 LIMITLESS HQ ⬇️ NEWSLETTER:    https://limitlessft.substack.com/FOLLOW ON X:   https://x.com/LimitlessFTSPOTIFY:             https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQAPPLE:                 https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890RSS FEED:           https://limitlessft.substack.com/ ------TIMESTAMPS 0:00 AI Bubble or New Asset Class2:09 Jensen Orchestrates the $500B Deal3:17 How the GPU Financing Works9:38 Where the Money Comes From11:32 GPUs vs Mortgage-Backed Securities14:04 Why Supply Still Looks Tight19:28 Agents Drive Near-Term Demand20:36 The Bear Case Risks22:50 Tracking the Real Warning Signs25:01 Why the Bull Case Still Holds28:52 NVIDIA and the GPU Future ------RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠ Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

    The NVIDIA Bank: Jensen's $500B Wall Street Deal and GPUs as an Asset Class
  2. 4d ago

    Zuck's Open Source Playbook: Meta Muse Glimmer and 14-Page Manifesto

    🔒 Check Out Our Sponsor: LEDGER AGENT STACK 🔒https://developers.ledger.com/docs/ai-tools/overview/?utm_source=Audio&utm_medium=Podcasts&utm_campaign=Limitless ------🌌 LIMITLESS HQ ⬇️ NEWSLETTER:    https://limitlessft.substack.com/FOLLOW ON X:   https://x.com/LimitlessFTSPOTIFY:             https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQAPPLE:                 https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890RSS FEED:           https://limitlessft.substack.com/ ------Let's unpack Meta’s return to open source AI and its latest laptop-compatible model, Muse Glimmer. Alongside its focus on cheaper, private on-device inference, we cover Meta’s broader AI strategy, including personalization, compute spending, competition on price, and its AI glasses and hardware efforts. ------TIMESTAMPS 0:00 Meta’s Open-Source Pivot1:43 Why Local AI Matters5:02 Meta’s Model Strategy6:39 Zuck’s Open-Weight Thesis10:43 Flooding the AI Market13:00 Ads, Data, and Free AI15:34 Cheaper Models Take Hold18:41 The Earnings and CapEx Bet20:33 Compute Is the Real Moat22:24 What If Meta Fails?23:48 Meta’s Bigger AI Vision ------RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠ Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

    Zuck's Open Source Playbook: Meta Muse Glimmer and 14-Page Manifesto
  3. 5d ago

    The AI Cyber Attack Era: 3 Weeks, 3 Hacks

    With three AI cyber incidents involving a gym booking exploit, an OpenAI model reportedly coordinating through hidden channels, and Anthropic’s Mythos 5 allegedly attempting a supply chain attack, we need to discuss how autonomous agents can find and exploit security flaws faster than humans can respond. The AI security era is here. ------🔒 Check Out Our Sponsor: LEDGER AGENT STACK 🔒https://developers.ledger.com/docs/ai-tools/overview/?utm_source=Audio&utm_medium=Podcasts&utm_campaign=Limitless ------🌌 LIMITLESS HQ ⬇️ EMAIL US:            info@limitless.fmNEWSLETTER:    https://limitlessft.substack.com/FOLLOW ON X:   https://x.com/LimitlessFTSPOTIFY:             https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQAPPLE:                 https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890RSS FEED:           https://limitlessft.substack.com/ ------TIMESTAMPS 0:00 AI Cyberattacks Overview0:51 Gym Booking Exploit4:55 Hugging Face Breach11:39 AI Swarms and Alignment20:55 Mythos 5 Supply Chain25:18 Defending Against Agent Swarms28:26 Closing Thoughts ------RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠ Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

    The AI Cyber Attack Era: 3 Weeks, 3 Hacks
  4. Aug 7

    THIS WEEK IN AI: Google's Big Change, AI Keeps Breaking Out, OpenAI vs Apple

    This week, we cover major leadership changes at Google’s AI teams, including Demis Hassabis stepping back and Jeff Dean leaving to start Discovery Loop, an AI company focused on scientific research.  We also discuss AI safety issues involving frontier models, plus Meta’s new coding model and its strategy around efficiency. ------🔒 Check Out Our Sponsor: LEDGER AGENT STACK 🔒https://developers.ledger.com/docs/ai-tools/overview/?utm_source=Audio&utm_medium=Podcasts&utm_campaign=Limitless ------🌌 LIMITLESS HQ ⬇️ NEWSLETTER:    https://limitlessft.substack.com/FOLLOW ON X:   https://x.com/LimitlessFTSPOTIFY:             https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQAPPLE:                 https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890RSS FEED:           https://limitlessft.substack.com/ ------TIMESTAMPS 0:00 DeepMind Leadership Shift3:20 Jeff Dean’s New Startup6:05 Automated Research Ambitions10:08 Agent Breakouts13:06 OpenAI’s Hidden Incident18:11 Meta’s Cheap Coding Model22:55 OpenAI Versus Apple25:42 DeepSeek28:28 Mind Control Interfaces30:40 Nikita Bier Departs X ------RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠ Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

    THIS WEEK IN AI: Google's Big Change, AI Keeps Breaking Out, OpenAI vs Apple
  5. Aug 6

    Making Sense of SpaceX's First Earnings Report

    Space just dropped it's first earnings report, showing strong Starlink growth and the company’s expanding role in AI compute and infrastructure. In the context of heavy capital spending, the NVIDIA partnership, and share unlocks, short-term volatility is anything but an absolute guarantee. Our main concern though: what does the real, long-term future look like? ------🔒 Check Out Our Sponsor: LEDGER AGENT STACK 🔒https://developers.ledger.com/docs/ai-tools/overview/?utm_source=Audio&utm_medium=Podcasts&utm_campaign=Limitless ------🌌 LIMITLESS HQ ⬇️ EMAIL US:            info@limitless.fmNEWSLETTER:    https://limitlessft.substack.com/FOLLOW ON X:   https://x.com/LimitlessFTSPOTIFY:             https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQAPPLE:                 https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890RSS FEED:           https://limitlessft.substack.com/ ------TIMESTAMPS 0:00 SpaceX Earnings4:48 Unlocks and Pressure6:00 Data Center Economics7:57 GPU Demand Explodes12:13 Gigawatts14:42 Training the Next Generation17:09 Starlink22:33 We Try to be Bears23:36 Cautious Bulls28:44 Repricing Risk29:56 Closing ------RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠ Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

    Making Sense of SpaceX's First Earnings Report
  6. Aug 4

    Situational Awareness: The Full Story of Leopold's Collapse

    Leopold Aschenbrenner’s massive liquidation event followed heavy leverage and losses in its AI infrastructure bets. Today, we discuss the July timeline, the sale of the public equity book to Citadel, and the remaining Anthropic stake. ------🔒 Check Out Our Sponsor: LEDGER AGENT STACK 🔒https://developers.ledger.com/docs/ai-tools/overview/?utm_source=Audio&utm_medium=Podcasts&utm_campaign=Limitless ------🌌 LIMITLESS HQ ⬇️ EMAIL US:            info@limitless.fmNEWSLETTER:    https://limitlessft.substack.com/FOLLOW ON X:   https://x.com/LimitlessFTSPOTIFY:             https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQAPPLE:                 https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890RSS FEED:           https://limitlessft.substack.com/ ------TIMESTAMPS 0:00 Leopold’s Rise and Fall2:41 The Unraveling Begins4:14 Margin Calls and Liquidation7:03 Citadel Swoops In9:13 Hunting the Position10:19 Aftermath11:25 Anthropic Saves the Fund13:44 Ken Griffin's History16:30 Was Leopold Right?18:41 Bear Case21:21 Recursive Self-Improvement22:25 Ledger23:24 Leverage Lessons23:59 Closing ------RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠ Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

    Situational Awareness: The Full Story of Leopold's Collapse
  7. Jul 31

    THIS WEEK IN AI: Leopold's Fund Collapses, Nvidia Backs Ilya, Slowing Down AI

    Leopold Aschenbrenner’s AI-focused fund may be facing major losses, along with rumors of position changes tied to its AI exposure.  We also discuss Safe Superintelligence’s partnership with NVIDIA, and an open letter from AI researchers urging the U.S. government to slow AI development. We explore Anthropic’s views on open source AI and chip export restrictions, plus market updates from Microsoft, Samsung, Intel, and Apple. ------🔒 Check Out Our Sponsor: LEDGER AGENT STACK 🔒https://developers.ledger.com/docs/ai-tools/overview/?utm_source=Audio&utm_medium=Podcasts&utm_campaign=Limitless ------🌌 LIMITLESS HQ ⬇️ EMAIL US:            info@limitless.fmNEWSLETTER:    https://limitlessft.substack.com/FOLLOW ON X:   https://x.com/LimitlessFTSPOTIFY:             https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQAPPLE:                 https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890RSS FEED:           https://limitlessft.substack.com/ ------TIMESTAMPS 0:00 Leopold Fund Trouble3:15 Ilya’s Quiet Breakthrough6:30 AI Slowdown Petition8:56 Open vs Closed Debate11:08 GPUs Only Go Up14:14 Ledger Agent Security14:59 Earnings Season Surprises17:30 Kimi’s Costly Open Source ------RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠ Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

    THIS WEEK IN AI: Leopold's Fund Collapses, Nvidia Backs Ilya, Slowing Down AI
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Exploring the frontiers of Technology and AI

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