Dan Nathan is joined by Deirdre Bosa, host of CNBC's TechCheck, to discuss the latest in AI investments, including Google and Amazon's funding in Anthropic, and how these valuations are evolving. They also banter about a New York Times article scrutinizing the future impact of generative AI. The episode highlights the rapid revenue growth in companies like OpenAI and Anthropic, growing interest and skepticism towards AI from big players like Goldman Sachs, with insights from Jim Covello. The conversation touches on consumer applications of AI, such as the use of models from companies like OpenAI and Anthropic by platforms like Perplexity. Bosa explores the strategic moves by Microsoft to train its own AI models and the broader implications for the AI market.After the break, Dan Nathan is joined by Michael Dempsey, managing partner at Compound VC, and Jonathan Godwin of Orbital Materials, discussing their innovative approach using AI for advanced materials and climate tech. The episode wraps with a look at potential overcapacity in AI infrastructure and shifting strategies in major tech firms.

Further Reading

Will A.I. Be a Bust? A Wall Street Skeptic Rings the Alarm. (NYT)

AI’s $600B Question (Sequoia Capital)

Gen AI: too much spend, too little benefit? (Goldman Sachs)

WhatsApp Dominates Meta AI Use (The Information)

Microsoft AI Chief Suleyman Shuffles Unit Leadership, Pointing to Shift in Strategy (The Information)

Why I Started Orbital Materials (Substack)

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