← Episodes·2 July 2026

Dario and Anthropic Declare War on Open-Source | Coinbase Slash AI Spend by 50% | Kalshi's $40BN Valuation and Impending IPO | Bending Spoons: Smartest IPO of 2026 and the Year for SaaS Roll-Ups

10 Important Questions3 follow-on investigations
Description

Anthropic's bold warning on open-source AI's potential to topple business models sets the stage for a showdown as Coinbase cuts AI spend by 50% amidst a bursting token bubble, and Kalshi's $40B valuation hints at a new gold rush.