Meta's AR Leak, Larry's TikTok Takeover & Brett Burns Another Billion

Meta's leaked AR Ray-Bans add a heads-up display and EMG wristband for gesture control, positioning them as a $300 social wearable versus Apple's failed $3,500 Vision Pro. The hosts discuss how Meta's partnership with Ray-Ban creates a product people will actually wear in public, focusing on customer experience over technical specs.

• •New Meta Ray-Bans feature AR display overlay and EMG wristband for finger-swipe gesture control
• •Priced at $200-300 vs Apple Vision Pro's $3,500, making AR accessible and socially acceptable
• •Partnership with Ray-Ban provides design credibility that Apple Vision Pro lacked
• •Product-focused approach prioritizes real-world wearability over technical capabilities
• •Apple Vision Pro declared 'dead' - no marketing, no buzz, complete market flop

Elon reveals Optimus robot complexity rivals Starship development, with 26 custom actuators just for the hand - none available commercially. Tesla restarted from Optimus 2 to Optimus 3 after technical issues, aiming for millions of units at $50k each that can do 'virtually anything' before release.

• •Optimus complexity rated between Tesla Model X and Starship - massive engineering challenge
• •26 custom actuators required for human hand alone, all built in-house with no suppliers
• •Tesla scrapped Optimus 2 and restarted with Optimus 3 after lead engineer departure
• •Won't ship until it can fully replace human labor across all tasks, not partial solutions
• •Target: millions of units at $50k, potentially 'biggest product in history'

Oracle's infrastructure deal with OpenAI drove 30% stock surge, adding $100B to Larry Ellison's net worth overnight. Breaking news reveals Oracle, Silverlake, and a16z finalized an 80/20 deal to control US TikTok operations, making the 85-year-old 'granddaddy overlord' of Gen Z's favorite platform.

• •OpenAI's $300B infrastructure spend with Oracle drove 30% stock price jump
• •Larry Ellison gained $100B net worth in single day from Oracle surge
• •Oracle/Silverlake/a16z secured 80/20 deal for US TikTok operations with ByteDance
• •Oracle maintains own infrastructure (not AWS/Google), positioned for AI data center buildout
• •Still holds 30-40% of Oracle shares despite $500B+ valuation - exceptional founder retention

DeepMind's Demis Hassabis (now knighted) runs all AI at Google as the 'engine room,' controlling Gemini, Gmail, and all AI products. He redefines AGI as models creating discoveries like Einstein's relativity with limited data, not just pattern matching - pushing back on Elon's 12-18 month AGI timeline.

• •Demis controls all Google AI through DeepMind reorganization - no more siloed teams
• •Defines AGI as creating novel discoveries (Einstein-level) vs trained pattern matching
• •Challenges Elon's 12-18 month AGI timeline with deeper definition of creativity
• •Google shipping Nano Banana and multiple products under unified AI leadership
• •Talks like CTO not CEO - cuts AI hype, focuses on actual technical progress

Factory worker wearing Meta Ray-Ban-style glasses had their entire job compressed into 18 lines of code, raising questions about how many lines of code define any physical job. Discussion explores layers of abstraction in code and how AI replaces back-end logic, with blue-collar workers facing similar disruption as software engineers.

• •Factory job reduced to 18 lines of code using AR glasses for robot training
• •Raises existential question: 'How many lines of code is your job?'
• •Physical jobs becoming software - blue collar disruption mirrors white collar coding displacement
• •AI models replacing traditional back-end logic layers (Satya Nadella's prediction)
• •Software engineers must adopt AI tools or face job loss - same applies to physical labor

Figure AI raised over $1B in latest round, reaching $2.9B valuation with investors including Brookfield (Multiplex owner), NVIDIA, Macquarie Capital, and Salesforce. Brett Adcock continues raising massive capital without shipping product, focusing on founder-led content and building serious investor network.

• •Raised $1B+ in single round, valuation climbing to $2.9B (slower growth than earlier rounds)
• •Strategic investors: Brookfield (physical assets), NVIDIA (chips), Macquarie Capital (Aussie firm)
• •No product shipped yet - CEO role focused on vision, talent, and capital raising
• •Founder-led content strategy on X drives thousands of engineer applications weekly
• •NVIDIA investing ensures Figure robots run on NVIDIA chips - self-fulfilling ecosystem

Six months after raising at $2B valuation, Mira Murati released a research blog defining the problem (making AI deterministic) rather than a product. Tackling fundamental technical challenge of eliminating AI hallucinations for enterprise use, but represents CTO-led approach versus CEO product strategy.

• •Six months post-raise: research blog published, no product shipped
• •Problem: making AI deterministic (100% accurate) for enterprise banking/critical systems
• •CTO mindset - solving deep technical problems vs selling product vision
• •Risk: betting on single technical breakthrough that competitors might solve first
• •VCs/board may need to provide strategic CEO leadership while she focuses on technical depth

Job postings reveal OpenAI hiring for robot teleoperation and NVIDIA-based simulations, signaling entry into humanoid robotics space. Potential connection to Johnny Ive hardware partnership, reinforcing pattern of software/hardware convergence across all major AI players.

• •Job posts mention teleoperation for teaching robots and NVIDIA simulations
• •All major AI players moving into robotics - software/hardware convergence trend
• •Possible tie-in with Johnny Ive's IO device partnership with OpenAI
• •Opportunity for smart acquisitions vs burning capital on GPU purchases
• •Could acquire robotics startups with technical talent instead of just buying compute

Granola shipped mobile app with phone call transcription - capturing all communication modes (in-person, Zoom, phone) without visible AI note-takers in meetings. Works by transcribing audio without physical recording, operating in legal gray area as 'really good note-taking' rather than recording.

• •New mobile app transcribes phone calls automatically without loudspeaker requirement
• •Covers all modes: in-person meetings, Zoom calls, and phone conversations
• •No visible AI bot joining meetings - runs in background like human note-taking
• •Legal gray area: transcription vs recording, doesn't require disclosure
• •Trend: bringing AI note-takers to meetings now considered 'old' and embarrassing

Jensen Huang maintains #1 position as 'substrate of intelligence' powering all AI companies with $50B quarterly profits. Matt controversially ranks product-less Brett Adcock #1 over Elon (#2), while Scott's top 5: Jensen, Demis, Larry Ellison, Sam Altman, with Elon at #2.

• •Jensen #1: receives 80% of AI industry profits, powers all competitors' infrastructure
• •Matt's controversial pick: Brett Adcock #1 for capital raising and founder-led content
• •Elon #2 for both hosts despite Tesla comeback and Optimus progress
• •Larry Ellison #4 (Scott) for Oracle's AI positioning and TikTok deal
• •Demis Hassabis #3 (Scott) as knighted leader of Google's AI engine room