Tesla FSD 13.2 vs Waymo! I had FSD and Waymo do the same drive — same start point, same end point. Both arrived with 0 interventions but the Tesla had fewer awkward moments and arrived in 15m40s while the Waymo took 43 minutes — nearly 3x longer.

I truly believe the idea of "winning the AI war" is misplaced, unachievable, and will lead to horrible and ineffective policy. More below ...

Watch Nadella describe SaaS apps as nothing more than a CRUD database with some business logic, but once the business logic moves to AI agents, SaaS is over:

Look forward to having @satyanadella & @sama on @BG2Pod tomorrow. The deal. The skeptics. The re-industrialization of America. Power. Chips. Models. Agents. AGI. Regulation. Jobs. And more… 🧐🚀🇺🇸

Databricks is on track to raise a record $9.5+ billion round at $60B valuation tcrn.ch/49z29Lz

Investors are waking up to some huge news from China: A trade deal is coming. China’s Vice Minister of Commerce just announced that US and China reached a "consensus" on key trade issues. This INCLUDES export controls, tariff suspensions, fentanyl-related measures, anti-drug cooperation, trade expansion, and US Section 301 fees. On top of this, US Treasury Secretary Bessent says China is "ready" to make a trade deal with the US after 2 days of negotiations. Bessent has added that China wants to make "substantial" US soybean purchases. All while President Trump says he is hoping for a "complete deal" with China this week. As we said on October 10th, President Trump's 100% tariff on China is very likely to NOT go into effect. We believe a trade deal is imminent.

Tesla shareholders would be nuts to vote against the Elon voting / pay package that only pays out IF shareholders massively win. Passive investors should also look past ISS / Glass Lewis & vote in favor. Its obvious only @elonmusk can achieve this critical moonshot! 🇺🇸🚀

Anthropic has overtaken OpenAI in enterprise LLM API market share. OpenAI fell from 50% in late 2023 to 25% by mid-2025, which shows that brand alone does not hold share once real workloads start. Anthropic now leads enterprise LLM API usage with 32%, while OpenAI has 25%, pointing to a real shift in how companies pick vendors. Enterprise LLM API spend hit $8.4B in the first half of 2025. Anthropic’s push on data controls, compliance, and clean integration with existing systems won trust, and that trust tends to decide renewals and expansions. Claude’s recent lines, including stronger reasoning and coding, helped too, with developer code-gen share around 42% for Anthropic vs 21% for OpenAI. Usage is shifting to inference at scale, so uptime, latency, and incident response matter more than raw benchmark wins. Vendor switching stayed low at 11%, and 66% of teams just upgraded within the same vendor, so any share gain here is hard won. Google sits near 20% and Meta near 9%, so this is not a 2-player market, and strengths differ by use case like agents, code, or retrieval. Buyers now weigh cost per token, data residency, auditability, SOC reports, and fine-grained controls as much as model quality. Multi-vendor setups are rising because they reduce lock-in and let teams route tasks to the best model for that job.

Some are asking me why I’m so certain that the Delaware Supreme Court will overturn Chancellor Kathaleen Saint Jude McCormick’s ruling against Tesla (and @elonmusk ‘s 2018 compensation package that was approved by $TSLA shareholders *again* earlier this year). If you are unconvinced, listen to this podcast from 6 months ago *and then* tell me there’s any chance the Supreme Court will let her open Pandora’s Box. Video credit: @BG2Pod

Tesla self-driving is getting extremely good

Kudos to @dkhos and the entire $UBER team on moving to guidance metrics that are inclusive of stock-based compensation and dilution: @Uber has done a great job of reducing dilution as they've scaled, but this next step of aligning reported metrics with the actual drivers of LT value creation is key. Highly recommend everybody go back to last year to the @BG2Pod with $BKNG Chairman Bob Mylod where @altcap and @bgurley did a deep dive on stock-based comp, dilution, and shareholder alignment. Also the OG BG2 Pod with @Jason and @dkhos on staying fit and scaling growth: nitter.app/altcap/status/17458265…

During a fireside chat yesterday, SpaceX President & COO Gwynne Shotwell confirmed that Starlink can provide everybody in rural and semi-rural U.S. with high-speed broadband internet connectivity for a very small fraction of the price of laying down a fiber optic cable.

Google have signed a deal to build 7 nuclear reactors to provide 500MW of power for their AI data centers, coming online in 2030-35

Boom! Congrats @DavidSacks! This bodes incredibly well for the future of American AI, crypto, science & tech. Whatever your differences, David is brilliant & cares deeply about Team America. Time to build!! 💥🇺🇸

v13.2 has started rolling out to limited external customers.

“There is no innovation without speculation. No electric vehicles, no Covid vaccines, no OpenAI. No Amazon, Tesla, SpaceX or Moderna. No railroads in the 19th century or internet in the 21st. Every one of those started with a bet — sometimes one that seemed absurd at the time.”

A couple hour $NVDA banger dropping today or tomorrow. From the OpenAI deal (yes including bubbles & round tripping) to ASICS TPUs & competitive moats, to export controls & competing w China, to H1Bs the America Dream & Invest America and yes Elon too. 🇺🇸🫡 @BG2Pod

Larry Ellison in Founder mode: "I probably say bizarre things all the time, but this is big. We’re designing a data center north of a gigawatt in a location with building permits for 3 small modular nuclear reactors to power it. That’s how crazy things are getting." $ORCL $nvda

America’s greatness is no accident. No nation’s DNA & founding systems are as intrinsically entrepreneurial & incentive aligned as America. Our competitive advantage is increasing bc innovation is an exponential curve resulting from systems that compound. 🇺🇸🇺🇸@InvestAmerica24

Listen carefully to Jensen explaining how to win the AI race. This is at the prestigious Hill and Valley Forum 2025, held at the U.S. Capitol.

Been in Riyadh, Doha & AD and good news is that the AI decelerationist hawks are losing - their scare tactics were about to hand global AI dominance to the Chinese. But the President wants the world to run on American AI so is accelerating starting in the Middle East. 🇺🇸🚀

Looks like @altcap was not too far off in nuclear pod suggesting that @X, $NVDA, $MSFT, etc could sponsor new reactors! @bgurley 💥🇺🇸🚀

TO WIN THE AI RACE, THE AI DIFFUSION RULE MUST GO The Trump administration has announced its intention to repeal the Biden administration’s AI Diffusion Rule. As the Commerce Department’s Bureau of Industry and Security (BIS) confirmed in a statement yesterday: “The Biden AI rule is overly complex, overly bureaucratic, and would stymie American innovation. We will be replacing it with a much simpler rule that unleashes American innovation and ensures American AI dominance.” This is an excellent decision by Secretary of Commerce @howardlutnick and Under Secretary of BIS Jeff Kessler. There were several major problems with the Biden Diffusion Rule: 1. Overreach of Export Control Authority First, the rule marked an unprecedented—and arguably unlawful—expansion of export control authority. Under the Export Control Reform Act (ECRA) of 2018, the President is empowered to restrict exports of dual-use technologies that have both civilian and military applications. That authority has been used to restrict the sale of advanced semiconductors to China, a policy with broad bipartisan support. But the Diffusion Rule went significantly further. It required nearly all global sales of high-end GPUs—even to trusted allies—to obtain export licenses or fit into a narrow set of license exemptions. This forced much of the global data center and AI infrastructure industry to seek approval from Washington, creating a bottleneck that chilled legitimate, non-sensitive commerce. 2. Bureaucratic Allocation of Compute The rule imposed detailed numerical caps on how many chips and how much computing power foreign entities could acquire and operate. This was a radical departure from market-based allocation principles, placing the U.S. government in the position of rationing compute power globally. It effectively turned Washington into a central planner for the global AI industry. 3. Alienation of U.S. Allies The rule also strained relationships with key allies by arbitrarily dividing countries into compliance “tiers,” labeling many friendly nations as second-class partners. This kind of regulatory hierarchy undermines trust and risks pushing allies toward non-American technology alternatives. 4. Lack of Due Process The Diffusion Rule was issued just five days before the end of the Biden administration without a meaningful public comment or review period. Given its sweeping scope, its retroactive elements, and the global compliance burden it imposed, this rollout was deeply flawed from both a procedural and practical standpoint. ⸻ In his first week in office, President Trump directed us to win the AI race. The Biden Diffusion Rule undermines that goal. It bogs American tech companies down in red tape, while slowing the global adoption of U.S. technologies at a time when we should be encouraging the world to build on our tech stack. As @VP J.D. Vance emphasized in his Paris Speech on AI, the United States should be the gold standard and partner of choice for our allies and strategic partners. If we make it too hard for them to work with us, we risk pushing them into China’s orbit. China has already launched a Digital Silk Road as part of its broader Belt and Road Initiative. If we don’t offer a compelling alternative, we leave the field open. Yes, we must take aggressive steps to prevent advanced semiconductors from being illegally diverted into China. But that goal should not preclude legitimate sales to the rest of the world as long as partners comply with reasonable security conditions. Today, American chips remain superior to China’s—but that lead is narrowing. If U.S. companies are hamstrung by excessive regulation, and foreign customers are blocked from buying our technology, we risk ceding global markets and influence to Chinese competitors. Right now, we have the opportunity to entrench the American tech stack worldwide while we still have a commanding lead. Let’s seize it.

I have written my first book! A passion project of almost 10 years, Runnin' Down a Dream aims to give people both the motivation & the methods for thriving in a career they actually love. Put a lot of heart and soul into this - hope you ❤️ it. Pre-order: a.co/d/5APYleb

i feel so spoiled. best time (yet) to be alive. thank you for your service @theallinpod @BG2Pod @joerogan

NVIDIA CEO: • China way ahead on energy • U.S. way ahead on chips • China competitive on infrastructure • China competitive on AI models • China way ahead in open-source models • U.S. frontier models better overall • China has lighter industrial regulation • China applications advancing fast • China’s society adopts new technology faster • China has the larger government supplied non-internet training data • U.S. companies and society need to adopt AI faster The race is real and the US needs to counter each advantage, rapidly.

Diablo Canyon = reliable energy serving over 3 million people 24/7/365 rain or shine.

For the record: Last week - when I was the first in the world to clip @SamA slapping Brad for having the temerity to ask how a $13 billion business can afford $1.4 TRILLION in investment commitments - I did not intend to topple a domino that would take down the global financial system. Oops! Sorry bout your 401K - my bad.

NVIDIA CEO Jensen Huang spoke with Joe and Mika on @Morning_Joe to make one thing clear: U.S. AI leadership depends on developer adoption.   The American tech stack should be the world standard — one that developers everywhere want to build upon.

This should not have been an outtake @_clarktang!

Ending wasteful spending & restoring self-governance aren’t separate goals. They go hand-in-hand.

“There is no question that trade can be an act of war. It has led to bad things — the attitudes that it has brought out. In the United States, we should be looking to trade with the rest of the world. And we should do what we do best and they should do what they do best. That’s what we did originally. We were good at producing tobacco & cotton 250 years ago, and we traded it. We want a prosperous world. But [with] eight countries with nuclear weapons — including a few that I would call quite unstable — I do not think it’s a great idea where a few countries say: ‘Ha-ha we won!’ and other countries are envious." @WarrenBuffett BERKSHIRE HATHAWAY 2025