Anduril and Qualcomm's Blue Chip laptop, built for defense and public safety users, is expected in 2027, with Palmer Luckey arguing a nation that cannot build its own computers cannot secure them.
DoorDash is in advanced talks to acquire Instacart at a value near $17bn, a deal the hosts doubt the FTC would easily approve.
Anthropic's S-1 shows only $10bn burned and roughly $67bn in annualized revenue, which Gavin Baker calls an upside surprise.
DoorDash Nears $17 Billion Deal for Instacart
Funding and deals
DoorDash. DoorDash is in advanced talks to buy grocery delivery firm Instacart at a valuation near $17bn, sending Instacart shares up 8%.
Rebuild Manufacturing. The US manufacturing roll-up with 15 facilities raised $2.1bn in a round led by JPMorgan Chase and General Catalyst.
Anthropic. Anthropic filed an S-1, and Forbes reports its founders can name secret successors to their voting power through one class F share.
Guest interviews
Gavin Baker, founding partner and CIO of Atreides Management. Baker calls Anthropic's S-1 an upside surprise, with only $10bn of cash burned and annualized revenue near $67bn. He says just 250 accounts spend over $10m, so the customer base is diversified. He also says GPU rental prices rose every day in October, and CoreWeave's long term contracts now sit well under market prices.
Miles Arnone, co-founder and CEO of Rebuild Manufacturing. Arnone says robots would cut only a few percentage points of manufacturing cost, and a lean system like Toyota's is the better way to remove waste. He says rare earth magnets, not motor winding, are the hard part of drone motors. Rebuild plans to sell a drone core wholesale for about $1,600, against $5,000 to $8,000 for a typical US made drone.
Rahul Sengottuvelu, CTO of Ramp. Sengottuvelu says Ramp launched Inspect, a coding agent that works inside Slack, keeps every session public by default and runs on every major model provider. He says Ramp is not incentivized to drive up customers' token costs, and the aim is to give finance teams visibility into AI spending.
News
Anduril and Qualcomm unveil US-made Blue Chip laptop. Aimed at government, defense and first responders, it is due in 2027, with over 90% of prototype component cost from US or allied suppliers. Coogan says the last American made laptop dates to about 1993.
OpenAI claims it disproved exponential time hypothesis. An internal model found a faster 3SAT algorithm, checked in Lean, and MIT's Ryan Williams is among those leading public review. Coogan questions its practical use.
AI company stocks down 40% since June. Reuters says AI companies broadly fell about 40%, and a recently listed Chinese AI company is down about 50% since its debut.
LiveWire shipped 358 bikes against 100,000 forecast. Harley-Davidson's electric motorcycle unit had predicted over 100,000 sales in 2026. Its CEO resigned and a restructuring committee is weighing options, with shares down 62% this year.
Tap a name to go there · tap a line to see why they are linked