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    Business

    All-In with Chamath, Jason, Sacks & Friedberg

    Industry veterans, degenerate gamblers & besties Chamath Palihapitiya, Jason Calacanis, David Sacks & David Friedberg cover all things economic, tech, political, social & poker.

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    Latest Episodes:
    Freedom vs. Safety: Axon CEO Rick Smith on the Future of Policing Nov 10, 2026
    Show notes

    (0:00) Axon CEO Rick Smith joins David Friedberg

    (2:39) History of TASER/Axon: brink of bankruptcy to IPO

    (9:05) Going public during the dot-com crash, selling to police, battling shorts and an SEC investigation, pivoting to software

    (20:47) Creating the police body cam, surveillance state concerns around Flock

    (35:25) Freedom vs safety, Skydio deal, Taser drone project controversy

    (45:24) Future of robotic systems and drones in policing

    Thanks to our partner for making this possible:

    AppLovin Ads is AppLovin's AI advertising platform reaching over a billion daily active users across mobile games. Full-screen video ads with a 35-second median watch time. Advertisers are profitably spending hundreds of thousands of dollars a day. AppLovin Ads is now open to all advertisers. Sign up at https://applovin.com/ALLIN

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    Intro Music Credit:

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    Intro Video Credit:

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    Midterm Blood Bath, $4T AI Sell Off, Data Center Freeze, What's Next for Trump Nov 07, 2026
    Show notes

    (0:00) Bestie intros!

    (3:37) Midterms postmortem: What led to a generational GOP collapse?

    (32:26) How can Trump salvage his presidency?

    (53:13) Market reaction: Data center fears, $4T in market cap shed, AI ban potential

    (1:24:21) Science Corner: OpenAI solves Exponential Time Hypothesis

    *This episode was recorded Friday morning

    Chamath on Tetragrammaton with Rick Rubin:

    https://www.youtube.com/watch?v=sUgwBqSRf3E

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    Intro Music Credit:

    https://rb.gy/tppkzl

    https://x.com/yung_spielburg

    Intro Video Credit:

    https://x.com/TheZachEffect

    Referenced in the show:

    https://www.nytimes.com/live/2026/11/06/us/midterm-elections-trump

    https://www.texastribune.org/2026/11/04/texas-democrats-blue-wave

    https://www.cnbc.com/2026/11/06/jobs-report-october-2026.html

    https://x.com/atrupar/status/2118056070715162747

    https://x.com/JDVance/status/2118004988433641835

    https://polymarket.com/event/ipos-before-2027

    https://www.wsj.com/finance/major-investors-are-skeptical-anthropic-ipo-can-achieve-1-5-trillion-valuation-ca965d8b

    https://x.com/xdNiBoR/status/2118412345789579392

    https://www.crusoe.ai/resources/newsroom/crusoe-wyoming-data-center-campus-update


    Anthropic S-1 Shocker, Greatest Business Ever? Google's $500B Wipeout, Midterm Predictions Oct 30, 2026
    Show notes

    (0:00) Bestie Intros

    (3:22) Anthropic S-1 Breakdown: Greatest Business Ever?

    (32:47) AI's Biggest Problem and Anthropic's Doomer Showdown

    (1:01:57) Google Sheds $500B Market Cap in Worst Day Ever: What Went Wrong?

    (1:14:17) Final Midterms Predictions and Scenarios

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    Intro Music Credit:

    https://rb.gy/tppkzl

    https://x.com/yung_spielburg

    Intro Video Credit:

    https://x.com/TheZachEffect

    Referenced in the show:

    https://www.semafor.com/article/10/28/2026/all-in-podcast-cools-on-super-intelligence

    https://x.com/AndrewBenson/status/2115458726396310008

    https://www.nbcnews.com/business/markets/anthropic-releases-ipo-filing-ahead-highly-anticipated-stock-debut-rcna605676

    https://www.reuters.com/business/anthropic-recorded-net-loss-over-80-billion-first-half-this-year-wsj-reports-2026-10-20

    https://x.com/rdominguezibar/status/2114785991462428811

    https://x.com/jaminball/status/2115121906630238287

    https://www.vox.com/future-perfect/507875/anthropic-ipo-stop-ai-race-safety

    https://www.anthropic.com/institute/measuring-pace-of-ai-development

    https://www.nbcnews.com/business/markets/alphabet-google-stock-ai-advertising-rcna606322

    https://x.com/EconomyApp/status/2115539079999971384

    https://fortune.com/2026/10/28/alphabet-google-stock-drops-cloud-revenue-doubles-free-cash-flow-negative

    https://x.com/Couch_Investor/status/2115541399898571180

    https://x.com/Geiger_Capital/status/2112702741995037179

    https://x.com/PatrickRuffini/status/2089729804941594660

    https://x.com/maxanderson/status/2080229375773941871

    https://www.natesilver.net/p/trump-approval-ratings-nate-silver-bulletin


    WHOOP CEO, Will Ahmed: 50B Hours of Health Data, a 4 Million Member Data Moat, & the FDA Fight Oct 29, 2026
    Show notes

    (0:00) Welcome Will Ahmed, CEO of WHOOP

    (0:59) WHOOP's $500 Hardware Problem & the Subscription Pivot

    (6:59) Inside 50 Billion Hours of 24/7 Health Data

    (19:31) WHOOP's AI Coach, Journal Insights & GLP-1 Tracking

    (34:57) WHOOP vs. the FDA & Competitor Wearables

    (44:33) Lightning Round & LeBron James becomes a WHOOP Ambassador

    Thanks to our partners for making this possible!

    As wealth grows, complexity compounds. Between investments, tax strategy and estate planning, coordinating it all can feel like a full-time job. Creative Planning can help with the heavy lifting. Learn more at https://CreativePlanning.com/AllIn

    Starting a business? Northwest Registered Agent gives you everything you need to build a complete Business Identity including free tools and built-in privacy. Get more at https://www.northwestregisteredagent.com/ALLINFREE

    Follow Will:

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    Intro Video Credit:

    https://x.com/TheZachEffect

    #allin #tech #news


    AI Cyber Panic, Ken Griffin's Bubble Warning, The Fall of France? Oct 23, 2026
    Show notes

    (0:00) Bestie intros!

    (0:11) Ken Griffin's AI bubble warning

    (8:19) Palo Alto Networks CEO Nikesh Arora joins

    (14:24) AI Cyber panic: PHP exploits and the tumultuous year ahead

    (44:17) France on the brink: Riots, immigration referendum, debt crisis

    (1:31:49) Trump's second half strategy, Press Secretary J-Cal?

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    Intro Music Credit:

    https://rb.gy/tppkzl

    https://x.com/yung_spielburg

    Intro Video Credit:

    https://x.com/TheZachEffect

    Referenced in the show:

    https://www.bloomberg.com/news/articles/2026-10-20/ken-griffin-says-ai-almost-certainly-in-a-bubble-right-now

    https://x.com/chamath/status/2112757725369348417

    https://abcnews.com/Technology/urgent-security-fix-issued-code-vital-estimated-70/story?id=137447718

    https://thephp.foundation/blog/2026/10/21/todays-php-security-release-and-how-were-strengthening-php-security

    https://x.com/eastdakota/status/2113079352682570051

    https://x.com/nsacyber/status/2112903220209098897

    https://abliteration.ai

    https://www.nytimes.com/2026/10/21/world/europe/macron-trump-france-protests.html

    https://www.reuters.com/world/europe/french-10-year-bond-yields-hit-5-highest-since-2002-2026-10-21

    https://www.wsj.com/finance/investing/french-government-bond-yields-rise-spread-widens-as-treasury-yields-fall-e67fc4cd

    https://x.com/visegrad24/status/2111542897598455888

    https://polymarket.com/event/france-declares-state-of-emergency-byptptpt

    https://polymarket.com/event/moodys-or-sp-downgrades-france-byptptpt

    https://x.com/GOP_is_Gutless/status/2112157762981347373


    Arvind Krishna & Nikesh Arora: Quantum Threat, Open vs Frontier AI, AI Cyber Warfare & SaaS Collapse Oct 21, 2026
    Show notes

    (0:00) Arvind Krishna & Nikesh Arora talk about Quantum Computing's Threat to Encryption

    (9:07) Open Weight vs. Frontier AI Models

    (18:07) AI and Cyber Warfare

    (21:14) AI Regulation and the Global AI Arms Race

    (30:32) Vertical Integration and Software Consolidation

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    Follow Arvind:

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    Intro Music Credit:

    https://rb.gy/tppkzl

    https://x.com/yung_spielburg

    Intro Video Credit:

    https://x.com/TheZachEffect

    #allin #tech #news


    Dylan Field: Is AI Replacing Designers?, Design is the New Code & Democratizing Creativity Oct 19, 2026
    Show notes

    (0:00) Dylan Field joins the show: Figma's origin story and mission

    (3:16) Adobe's $20B deal blocked: inside the antitrust fight

    (12:29) Is AI killing SaaS? Frontier Companies vs. Figma, the "SaaS apocalypse"

    (18:52) Creativity in the AI era: why taste and boldness win

    (36:02) Human agency, AI's promise, and what comes next

    Thanks to our partners for making this possible!

    As wealth grows, complexity compounds. Between investments, tax strategy and estate planning, coordinating it all can feel like a full-time job. Creative Planning can help with the heavy lifting. Learn more at: https://CreativePlanning.com/AllIn

    With over nine million acres protected across all fifty states, The Conservation Fund secures the irreplaceable lands we love. Learn more at http://conservationfund.org

    Follow Dylan:

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    Intro Music Credit:

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    Intro Video Credit:

    https://x.com/TheZachEffect

    #allin #tech #news


    CoreWeave Crash, AI Trade Cracks, Anthropic IPO Red Flags, Bill Gates Doomer Oct 17, 2026
    Show notes

    (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

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    Intro Music Credit:

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    https://x.com/yung_spielburg

    Intro Video Credit:

    https://x.com/TheZachEffect

    Referenced in the show:

    https://x.com/chamath/status/2110128893680378299

    https://www.google.com/finance/quote/CRWV:NASDAQ

    https://finance.yahoo.com/technology/article/yikes-coreweave-stock-tanks-on-bond-yield-woes-ceo-blames-market-acting-irrationally-203838274.html

    https://247wallst.com/investing/2026/10/14/coreweave-falls-10-as-bond-yield-touches-15-and-elon-musk-says-yikes-nebius-drops-6-oracle-slips

    https://polymarket.com/event/coreweave-announces-bankruptcy-by

    https://x.com/FearedBuck/status/2109443893955567694

    https://polymarket.com/event/ipos-before-2027

    https://www.bloomberg.com/news/articles/2026-10-14/anthropic-revenue-jumps-to-16-8-billion-in-quarter-before-ipo

    https://www.anthropic.com/research/self-replicating-ai

    https://www.anthropic.com/news/detecting-and-preventing-distillation-attacks

    https://x.com/DavidSacks/status/2109849209742450696

    https://www.anthropic.com/research/distillation-defenses

    https://x.com/brian_armstrong/status/2109412046244913643


    Elizabeth Holmes' Husband Billy Evans: The Trial, Prison & Nathan Fielder's Documentary Oct 15, 2026
    Show notes

    (0:00) Billy Evans joins Friedberg

    (3:38) How they met, Elizabeth the person vs the headlines, indictment

    (11:02) Life on trial, having a child, where she went wrong in fundraising

    (19:28) Understanding the verdict, sentencing, and the mistake of staying silent

    (26:09) Elizabeth calls from prison, her life in jail

    (31:34) Why they did the documentary with Nathan Fielder

    (35:47) The road home, restitution math, why his new company is not Theranos 2.0

    Thanks to our partners for making this possible!

    IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. https://iren.com/

    Oracle connects the data, applications, and infrastructure that turn AI into business outcomes—with the flexibility, choice, and control to optimize as AI evolves. http://oracle.com/ai

    EY helps tech innovators scale from startup to exit to megacap. You build the future. We'll handle the rest. http://www.ey.com

    Meta believes the future is for everyone. We're focused on giving every person the tools to reach their full potential and making sure the benefits of technology are distributed to all. http://www.meta.com

    Keel Infrastructure owns the power, land, and connectivity that HPC and AI run on - backed by secured energy assets and established grid interconnections across North America. https://keelinfra.com/

    Airwallex - Agentic Global Business Accounts. Open local accounts in 70+ countries to accept payments, earn yield, pay globally, and manage spend. http://airwallex.com

    PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com

    Google for Startups connects founders with the right people, products, and best practices to help startups build faster and go further. https://startup.google.com/

    Explore ideas, industries, and technologies worth understanding with Chamath every week on Learn with Me: https://research.socialcapital.com/allin

    Follow the besties:

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    Martin Shkreli: Big Pharma's Blind Spot, Betting Against Quantum & What Prison Taught Him Oct 12, 2026
    Show notes

    (0:00) Martin Shkreli joins the Besties!

    (0:55) Why quantum computing is a one-trick business and why he's betting against it

    (7:42) The drugs big pharma sells too cheap and his journey from hedge fund trader to pharma

    (11:37) AI, drug discovery, and who actually wins

    (21:32) Brilliance and rule-breaking, the gifted-kid trap & what prison taught him

    Thanks to our partners for making this possible!

    IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. https://iren.com/

    Oracle connects the data, applications, and infrastructure that turn AI into business outcomes—with the flexibility, choice, and control to optimize as AI evolves. http://oracle.com/ai

    EY helps tech innovators scale from startup to exit to megacap. You build the future. We'll handle the rest. http://www.ey.com

    Meta believes the future is for everyone. We're focused on giving every person the tools to reach their full potential and making sure the benefits of technology are distributed to all. http://www.meta.com

    Keel Infrastructure owns the power, land, and connectivity that HPC and AI run on - backed by secured energy assets and established grid interconnections across North America. https://keelinfra.com/

    Airwallex - Agentic Global Business Accounts. Open local accounts in 70+ countries to accept payments, earn yield, pay globally, and manage spend. http://airwallex.com

    PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com

    Google for Startups connects founders with the right people, products, and best practices to help startups build faster and go further. https://startup.google.com/

    Explore ideas, industries, and technologies worth understanding with Chamath every week on Learn with Me: https://research.socialcapital.com/allin

    Follow the besties:

    https://x.com/chamath

    https://x.com/Jason

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    Intro Music Credit:

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    #allin #tech #news


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