Earnings Call, Fireside Chat, Podcast
Trump Takes On the Fed, US-Intel Deal, Why Bankruptcies Are Up, OpenAI's Longevity Breakthrough
- The fourth annual All In Summit is scheduled for September 8 and 9 in Los Angeles, featuring Oracle-sponsored PE/VC and AI infrastructure dinners, a Circle BVNK-sponsored stablecoin dinner, and IREN's presentation of renewable energy data centers.
- Event amenities include Oracle's expo hall bar, Jeremy O'Leary's networking lounge, and an arcade built by BVNK, while David Sachs and Chris Wright will appear in a solar tent and a Street Fighter II tournament for 10K is planned.
- David Sachs will host a Foundry University launch in Riyadh during November in partnership with Sonobul, with plans to operate in three cities starting next year and potentially launch in Asia thereafter.
- Foundry University anticipates accepting 10 startups from 50 applicants following a 12-week pre-accelerator program.
- Lisa Cook has sued the White House regarding her termination authority, with an emergency hearing set for 10 a.m. Friday in DC, a potential Supreme Court appeal, and Polymarket pricing a 25% chance of her removal by year-end.
- Chamath Palihapitiya characterizes the Fed as partisan and inferior to capital markets in policy creation, suggesting Treasury is a better lender of last resort and advocating for blockchain-based employment data and real-time market rate setting.
- David Sachs predicts a "wall of debt" in commercial real estate maturing before 2028 will force buildings back to banks at lower auction prices, driving bankruptcy increases and shifting funding flows from traditional offices to data centers.
- Freeberg projects human clinical trials using Yamanaka factors will begin soon, with the first drug approval expected in seven to twelve years (midpoint of ten), while noting cancer risks from overdosing and predicting travel for peptide treatments in three to four years.
- RFK Jr. has removed COVID-19 vaccine recommendations for healthy children and pregnant women while codifying a rule requiring healthy individuals to consult a physician prior to vaccination.
- The economy is expected to maintain a 3.3% GDP print for Q2 despite sector softness from high interest rates, with commercial real estate valuations facing downward pressure and equity holders required to cover refinancing gaps.