Chamath Palihapitiya

BREAKING: The number of restaurants in New York dropped ~2,000 YoY in Q1 2026, posting its largest YoY decline in at least 36 years. This surpasses even the worst contraction recorded in any quarter during the 2020 pandemic. The number of eating and drinking places in New York State has now declined YoY for 4 consecutive quarters, its longest streak since 2021. This comes as restaurants are facing surging operating expenses, including insurance premiums, wages, interest rates, utilities, and health coverage, with overall costs rising faster than national averages. Last year, employee health insurance costs jumped +12.9% for New York-area service firms, business insurance rose +7.0%, while utility costs surged +8.5%, according to the Manhattan Chamber of Commerce. Skyrocketing costs are crushing New York restaurants.

POD UP! 🚨 Ben Horowitz (@bhorowitz) fills in for @friedberg! -- CoreWeave's Tanks After Debt Selloff: Did the AI Trade Just Crack? $CRWV -- AI Deflation and the Future of Software -- Anthropic IPO: Red Flags, Valuation, How Much to Raise? -- Psyop Corner with Sacks -- Bill Gates the Doomer: What’s Behind His AI Warnings? (0:00) Ben Horowitz fills in for Friedberg! (2:18) CoreWeave's debt selloff: did the AI bubble just pop? (31:14) AI's deflationary impact: decompiled software (45:44) Anthropic's investor day gets mixed reactions (1:03:45) Psyop Corner: Anthropic warns about self-replicating models on IoT devices (1:22:19) Understanding Bill Gates the Doomer

POD UP! 🚨 Ben Horowitz (@bhorowitz) fills in for @friedberg! -- CoreWeave's Tanks After Debt Selloff: Did the AI Trade Just Crack? $CRWV -- AI Deflation and the Future of Software -- Anthropic IPO: Red Flags, Valuation, How Much to Raise? -- Psyop Corner with Sacks -- Bill Gates the Doomer: What’s Behind His AI Warnings? (0:00) Ben Horowitz fills in for Friedberg! (2:18) CoreWeave's debt selloff: did the AI bubble just pop? (31:14) AI's deflationary impact: decompiled software (45:44) Anthropic's investor day gets mixed reactions (1:03:45) Psyop Corner: Anthropic warns about self-replicating models on IoT devices (1:22:19) Understanding Bill Gates the Doomer

Through September, AI companies have captured ~83% of all US venture funding.

BREAKING: Anthropic is now down over 10% in the last month, wiping more than $200 billion from its implied valuation. Anthropic’s pre-IPO perpetual has fallen below $2 trillion on Liquid as institutional investors get a closer look at the company’s financials.

Before an AI agent touches a legacy system, we map what that system can do. That map is a catalog of actions. Each one is linked to when it applies and which permissions govern it, built from three sources: the old code, the vendor systems you rent, and the experts who have run the system for years. People and AI agents then work from the same map, through one governed gateway like MCP.

@chamath riffed on a few big ideas at @ifs Unleashed 2026. constellationr.com/insights/news/palihapitiya-ai-valuations-energy-auditors

.@VP is calling on America’s best engineers to help solve some of our country’s toughest challenges. Through @USTechForce and @WHFraudTF, we’re recruiting technical talent to strengthen public service, fight fraud, and protect taxpayer dollars. Answer the call. Apply for Tech Force. usajobs.gov/job/888508400?_gl=1*phskeq*_ga*Mjc4ODA4NDg0LjE3MTk0MTA5NTg.*_ga_5222X8D281*czE3OTE4OTM0NzYkbzEwNzAkZzEkdDE3OTE5MDQxNTgkajYwJGwwJGgw

Today we are announcing our biggest bet yet on our own silicon. Starting next calendar year, we will scale our Maia family to multi-gigawatt deployments, making it the primary inference system for our own product and services. And we’re introducing Maia 300, which delivers 40% more tokens per watt compared to leading GPU-based systems. We are already deploying Maia 200 across the US, Europe, and Australia, delivering up to 1.7x more tokens per watt across experiences in Teams and Copilot. Our goal is to build on the full-stack efficiency gains we’ve already seen, while continuing to bring the latest innovations from across the ecosystem into our fleet.

In March 2026, Anthropic accounted for 69.5% of business AI token spend on Ramp, more than ~2x OpenAI's share. The gap has since narrowed, with Anthropic at 51.0% and OpenAI at 44.5%.