Dario and Anthropic Declare War on Open-Source | Coinbase Slash AI Spend by 50% | Kalshi's $40BN Valuation and Impending IPO

Jason Lemkin is one of the leading SaaS investors of the last decade with a portfolio including the likes of Algolia, Talkdesk, Owner, RevenueCat, Saleloft and more.

Rory O’Driscoll is a General Partner @ Scale where he has led investments in category leaders such as Bill.com (BILL), Box (BOX), DocuSign (DOCU), and WalkMe (WKME), among others.

In Today's Episode We Discuss:

• Coinbase Slashes AI Spend 50%—Is the AI Token Bubble Bursting?

• Anthropic Warns Open Source Could Destroy the AI Business Model

• Dario Escalates the AI War with China & Open-Source

• Should the US Ban Chinese AI Models?

• Microsoft's AI Strategy Is Breaking Down

• Kalshi's $40B Valuation Signals a New Consumer Gold Rush

• Has SpaceX Frozen the AI IPO Market?

• Why Bending Spoons May Be the Smartest IPO of the Year

• The $100B Opportunity to Buy Broken SaaS Companies

• Which Software Companies Would Jason Buy Tomorrow?

• The Great AI Talent War Is About to Get Worse

• Every Company Is Becoming an AI Company or Dying