20VC: Andrej Karpathy Joins Anthropic & Anthropic Raises $30BN at $900BN Price | SpaceX Files S1: How Does it Trade | Cerebras Smashes Day 1: What it Means for IPOs | Why Mass Layoffs Are More Worrying Than Anyone Sees
Listen to the original audio · Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
As it's becoming painfully clear now, no one in America other than us here in California likes the AI trend. We have people who are brilliant scientists who politically are utter morons. And the people who are utter morons at AI but brilliant at politics are gonna have us for lunch. At least when Meta was busy destroying the world, they were smart enough to pretend it was all about bringing friends together but not destroying democracy. We're gonna have to reflate and hire thousands and thousands of people per tech leader to avoid social unrest.
We see no signs that there's a short-term crash coming. This is 20 VC with me, Harry Stebbings. It's my favorite show of the week. Rory O'Driscoll, Jason Lemkin analyzing the biggest news in tech. Starting off, Andre Capathy joins Anthropic and Anthropic Eye, a $900 billion valuation for their latest fundraise.
Then we dig into the public markets, Datadog up 31%, Figma up 12%. What happens from here? Next we have Cerebrus IPO smashes expectations and breaks the $300 mark. And then finally, SpaceX, they set June the 12th for the largest IPO in history, $1.75 trillion market cap, raising $75 billion.
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