Listen : Watch : Read #22
Originally Posted: May 11, 2025 here
🎙️Listen 🎙️
AMD's Lisa Su is brilliant as aways, fun interview with Kara Swisher. Lisa has been CEO for over a decade, taking over when it was on the verge of collapse. 10 years later, AMD are going from strength to strength. Interesting discussion on speed of innovation, as well as Safeguarding US Leadership in AI.
📺 Watch 📺
This from a few weeks back, with AIG's Peter Zaffino along with CEO of Anthropic Dario Amodei. Interesting to see how Peter Talks about how quickly they can now do things to get to underwriters rather than doing no value add tasks, while Dario talks about how much more it can do. We are still in world of augmenting around the edge rather than doing the core business - but we can all agree, it's possible and just around the corner.
This follows the a 30 min discussion here with Alex Karp, CEO Palantir Technologies and Dario, hosted by CNBC anchor Sarah Eisen. Both well worth the watch. Got me thinking too - I expect every carrier to do something similar, talking about their technology, and specifically AI partnerships. I can name quite a few already!
Speaking of AI, see a short clip here on from Mark Zuckerberg and how Meta will disrupt the $1.15 Trillion global advertising industry.
Lots of talk right now on how Meta being the only true open source model with decades of data (183 trillion tokens of data compared to something like Reddit, with 1.3 trillion tokens) and when connecting to your entire social graph is the true differentiator. Meta are also the 2nd largest purchaser of NVIDIA GPUs behind Microsoft.
I have always loved James Dyson. The ingeneuity, the invention, the British Inventor extraordinaire. This is magical 10 mins with Dyson on Products He Regrets Scrapping, Dyson EV and More, thanks to Niharika Mandhana at The Wall Street Journal - loved things like how in experience as an advantage, changing products vs business and much more! [9mins]
📚 Read 📚
An interesting summary on what went wrong with the latest roll out (and subsequent roll back) of the latest OpenAI GPT‑4o model. One of the things that stood out to me, right at the end.
One of the biggest lessons is fully recognizing how people have started to use ChatGPT for deeply personal advice—something we didn’t see as much even a year ago.
In line with something else I saw in which they called ChatGPT - the everything app!. At what point does deeply personal become deeply personal financial advise, around pensions, savings, investment's and Insurance!
Equally, Sam Altman talked about building AI businesses, not AI wrappers.
Finally, on OpenAI, its plans to move to a profit business have changed, without jepordasing access to their huge funding announced earlier this year. In summary, OpenAI will continue to be controlled by the current nonprofit, their existing for-profit will become a Public Benefit Corporation. The Nonprofit will control & be a significant owner of the PBC. Finally, the Nonprofit & PBC will continue to have the same mission. Clear!
I'm a visual guy, love a good chart - this from Visual Capitalist is a great highlight of where we are when it comes to GDP Forecasts for 2025.
My friend Andrew Johnston at Gallagher Re is at it again, with the latest Global InsurTech report. Key highlights for me are while funding surged 90.2% quarter on quarter to $1.31B, it's still 90% + all P&C and a whopping 61.2% of Q1'25 InsurTech deals went to AI-centered companies ($710.86M). No surprise, and no slowdown here!. Back to the Sam Altman comment above, build AI Business, not just AI Wrappers.
And a bit of fun thanks Bob James for highlighting this one!. 31 of the funniest quotes from Warren Buffett. I did indeed laugh out loud. For me, “You don’t ever ask a barber whether you need a haircut.”
👀 Quick bites 👀
Waymo plans to more than double its self-driving I-PACE fleet within the next year
Why Indiana Jones, Barbie and other US films were shot in UK
A new report from my friends over at Oxbow Partners Navigating M&A in the London Market
And thats It! See you next week!