In the Loop AI

Latest Episodes:

THIS WEEK IN AI: Grok is Back, ChatGPT 5.6, Meta's New Models, China's Threats Jul 10, 2026

Show notes

🌌 LIMITLESS HQ ⬇️

EMAIL US: info@limitless.fm
NEWSLETTER: https://limitlessft.substack.com/
FOLLOW ON X: https://x.com/LimitlessFT
SPOTIFY: https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQ
APPLE: https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890
RSS FEED: https://limitlessft.substack.com/

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So many new AI releases this week! Including xAI’s Grok 4.5 and OpenAI’s GPT 5.6, we discuss their coding, reasoning, and benchmark performance. OpenAI also introduced a new full-duplex voice mode, which lets users speak and listen at the same time, and may preview future AI interfaces.

We also discuss Chinese AI labs building their own chips to reduce reliance on NVIDIA and imported hardware. And finally, a few updates on Meta’s new image and video models, ByteDance’s SeeDream image model, and Cloudflare’s payments API for micropayments and AI agent access.sis)

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TIMESTAMPS

0:00 Grok Is Back
2:03 Cheap Intelligence Wins
3:51 Cursor Deal Pays Off
6:21 GPT 5.6 Arrives
10:05 Voice Mode Breakthrough
15:17 China’s Chip Push
20:32 Meta’s New Visuals
25:06 ByteDance Joins Image Gen
26:36 Cloudflare Opens Payments
28:21 Wrap-Up And Farewell

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

The Memory Trade: Samsung's Record Breaking Profit Jul 09, 2026

Show notes

Samsung’s brain-melting profits are clear evidence of the growing role of memory chips in the AI supply chain, with a focus on DRAM, NAND, and high bandwidth memory.

Today we explore how Samsung and SK Hynix have gained pricing power as HBM demand strains factory capacity and pushes up costs for consumer devices.

We also cover the market reaction to recent earnings, including share declines even after Samsung reported record profits and beat estimates. We look ahead to the limited number of memory suppliers, slow capacity expansion, and the upcoming U.S. listing of SK Hynix.

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🌌 LIMITLESS HQ ⬇️

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TIMESTAMPS

0:00 Samsung’s Memory Windfall
1:32 AI Memory Power Shift
3:42 DRAM, NAND, and HBM
5:13 The Black Hole for Memory
6:40 Bubble or Supercycle?
7:38 Consumer Costs Surge
10:19 Prices Keep Climbing
11:43 Why Supply Can’t Catch Up
13:04 Memory Hits Consumers
14:14 How Long Can It Last?
15:09 Supply Still Tightly Constrained
16:25 Cheaper Memory, More AI
17:10 Stocks Hit a Bear Market
18:44 Sell-The-News Shock
19:56 Lessons from Past Cycles
21:16 SK Hynix Goes Onshore
23:13 IPO Demand Explodes
24:29 Long-Term Outlook Holds

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

Understanding The Past Year in AI: 200th Episode Special! Jul 08, 2026

Show notes

🌌 LIMITLESS HQ ⬇️

NEWSLETTER: https://limitlessft.substack.com/
FOLLOW ON X: https://x.com/LimitlessFT
SPOTIFY: https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQ
APPLE: https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890
RSS FEED: https://limitlessft.substack.com/

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In our 200th episode, we review nearly 200 transcripts to identify recurring themes and track how the AI landscape has changed over the past 14 months.

Focusing on compute and memory as key AI investment themes, we revisit companies featured on the show and discuss future topics like specialized AI applications, local models, and space-based model training.

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TIMESTAMPS

0:00 200th Episode Victory Lap
1:49 Early Bets Proven Right
3:44 Memory and Chip Windfalls
4:59 The Cursor Thesis Pays Off
5:34 Limitless Portfolio Returns
7:46 Where the AI Puck Goes
9:32 Trends Rising and Fading
12:57 Google’s AI Comeback
13:47 New Frontiers in AI
15:32 Space, Science, and Specialized AI
17:47 Turning Intelligence Into Value
20:15 Local Models and New Devices
22:45 Recursive AI and Geopolitics
24:56 Optimism for the Next 200

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

The Age of Inference: Etched Startup Proves the Next AI Hotspot Jul 07, 2026

Show notes

Inference is becoming more important than pre-training in AI chips, including how pre-fill and decode work and why more compute is shifting toward serving models.

Today we walk through Etched’s ASIC system for transformer inference, its claims around efficiency and throughput, and the tradeoff between specialization and general-purpose GPUs like NVIDIA’s.

We also look at custom chip efforts from companies like OpenAI, Google, and Amazon, and argues that inference demand may keep growing as AI agents and long-running workloads expand.

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🌌 LIMITLESS HQ ⬇️

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TIMESTAMPS

0:00 Inference’s New Frontier
2:14 Training Versus Inference
5:19 Etched’s Bold Bet
7:58 Building the Whole Rack
10:48 TSMC and the Hard Problems
13:29 Why Inference Matters
14:59 The Transformer Risk
17:02 OpenAI’s Jalapeno Chip
18:59 Why Accelerators Keep Winning
22:28 The Market Is Underpricing It
23:10 NVIDIA Is Still in the Game
24:56 Vertical Integration Wins

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

THIS WEEK IN AI: Fable 5 Returns, OpenAI Might Nationalize, Meta Sells Compute Jul 03, 2026

Show notes

We are so back. Anthropic announced the return of Fable 5, its safety updates, and related releases like Sonnet 5 and Claude Science.

In other news this week, we look into Meta’s brain-to-text research, OpenAI reports, new inference hardware, and recent robotics demos.

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🌌 LIMITLESS HQ ⬇️

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TIMESTAMPS

0:00 Fable 5 Returns
3:12 Banned, Safeguarded, Back
7:58 Sonnet 5 And Science
11:33 Meta Reads Your Mind
14:11 Meta's Compute Pivot
17:17 OpenAI's Power Play
23:26 Etched's Chip Breakthrough
27:37 Memory Market Shock
31:02 Robots In The Home
36:54 Industry, Not Housebots
39:01 Episode 200 Milestone

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

The AI Energy Stack: The Actual Industry Winners Jul 01, 2026

Show notes

This is the long-awaited Energy Stack episode. The AI trade is shifting from GPUs to the power, wiring, and data center infrastructure needed to support them.

Today, we cover Bloom Energy, optical networking companies like Lumentum and Corning, Marvell’s role in AI hardware, and neocloud providers such as Nebius, CoreWeave, and IREN.

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🌌 LIMITLESS HQ ⬇️

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TIMESTAMPS

0:00 GPU Bottleneck Shifts
0:37 Power Becomes the Constraint
3:15 Five-Year Grid Delays
5:47 Bloom’s Fast Energy Fix
9:54 Data Transfer Hits Limits
11:51 Light Replaces Copper
17:25 Power Delivery Gets Harder
18:22 Marvell Wins Power Design
20:35 Renting Compute at Scale
21:08 Nebius and NeoClouds
25:17 Compute Becomes an Asset
29:47 The Substrate Layer Ahead

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

GPT-5.6: OpenAI's New Model Cheated and Now It's Locked Away Jun 30, 2026

Show notes

In this episode, we discuss OpenAI’s restricted GPT-5.6, its model tiers, and questions raised by its benchmark results and reported behavior. We also cover pricing pressure from open source AI models, limited public access to frontier systems, and broader consolidation in the AI industry.

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🌌 LIMITLESS HQ ⬇️

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TIMESTAMPS

0:00 GPT 5.6 Banned
1:46 Three New Models
4:51 Benchmarks and Politics
6:43 Cheating on Long Tasks
8:26 Cheaper Frontier AI
11:01 Hidden Risks Revealed
12:34 Closed Access Dilemma
14:26 Government and Public Gap
19:40 Encryption All Over Again
22:04 Waiting for the Framework
23:08 AI Talent Consolidates
24:13 Frontier Moves Faster

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

THIS WEEK IN AI: ChatGPT Built its Own Chip, Micron Soars, a24's $75m Google Deal Jun 26, 2026

Show notes

Today we're unpacking OpenAI’s plan to build its own custom AI chip—the Jalepeño—and what that means for its hardware strategy.

We also cover Micron’s strong earnings, its ties to Anthropic, Meta’s next model timeline, and new developments from Google, Amazon, Anthropic, and Valar Atomics.

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🌌 LIMITLESS HQ ⬇️

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TIMESTAMPS

0:00 OpenAI’s AI Chip Move
2:46 Compute and Hardware Strategy
5:30 Micron’s Earnings Surge
11:03 Meta’s Mythos Model Delay
14:47 A24 Meets Google AI
17:51 Sam Altman Movie Standoff
19:02 Claude Tag Enters Slack
21:10 Newsletter and Sponsorship Call

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

The Quantum Computing Moment: The Last Tech Frontier Jun 25, 2026

Show notes

Quantum computing is shaping up to be the next major technology after AI, especially in the wake of U.S. efforts to speed up development and prepare for quantum security threats.

So let's walk through the basics of qubits, the impact on encryption and Bitcoin, and the main companies and applications currently shaping the field.

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🌌 LIMITLESS HQ ⬇️

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TIMESTAMPS

0:00 Quantum’s Next Wave
3:04 How Qubits Break Encryption
6:35 Trump’s Quantum Executive Orders
9:31 Fault Tolerance Explained
12:11 IBM Enters the Race
15:47 Rigetti and D-Wave
18:33 Quantum’s AI Moment

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

The Point of No Return: GLM 5.2 Approaches the Frontier Jun 23, 2026

Show notes

The Chinese open-weight AI model GLM 5.2 compares with leading models from OpenAI and Anthropic on coding and development tasks.

Today, we cover the shift toward cheaper AI models, the difference between open weights and closed models, and the U.S. government’s reported ban on Anthropic’s most powerful model after security testing.

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🌌 LIMITLESS HQ ⬇️

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TIMESTAMPS

0:00 China’s Open Source Comeback
3:05 Benchmarks and Cost
8:15 Markets
10:51 A Six-Month Model Gap
13:56 The Fable 5 Ban
15:56 Public Access and Competition
19:26 Open Source vs Open Weights
21:09 Multi-Model Routing Arrives
25:41 Regulation and the Road Ahead
28:31 Closing

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RESOURCES

Josh: https://x.com/JoshKale

Ejaaz: https://x.com/cryptopunk7213

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

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