The Man Who Named AGI Says We're Doing AI Wrong [ft. Peter Voss @ AIGO.ai]

Nvidia's Banned Chips Selling for 3X Price on China's Black Market

The global AI chip market just faced its first violent divergence. While South Korea’s KOSPI index suffered a brutal 10% single-day crash on fears of peak semiconductor demand, Micron smashed historic records, printing a 346% revenue increase that completely flipped the script.OpenAI and Broadcom officially unveiled "Jalapeño," a proprietary ASIC designed from scratch in just nine months with the direct assistance of OpenAI's own models.Meanwhile, on China's black market, supply constraints have driven the price of a smuggled Nvidia Blackwell DGX B300 server to an astronomical $1.1 million (8 million RMB), nearly triple its $400,000 US retail cost.Timestamps:00:00 – Intro01:32 – US-Iran Peace Deal Collapsed 3 Days Later05:42 – South Korea Stock Market Crash08:53 – Tesla Killed 76-year-old Woman13:48 – Microsoft and Chevron Gas-powered Data Center17:00 – OpenAI Just Built Its First Chip20:54 – Nvidia Banned Chips Sold on China's Black Market24:20 – Midjourney Pivots to Healthcare28:47 – EU Builds Its Own Open-source Frontier AI Model31:41 – NYC Public Schools Full Compliance Playbook On AI Tool35:24 – Anthropic Mandatory Identity Verification for Claude Users39:26 – "Agentjacking" Exploiting AI Coding Agents41:25 – Meta Is Building a Prediction Market App46:08 – Ethereum Foundation Cuts 20% staff And 40% Of Its Budget49:43 – Binance Pulled its European License Application52:35 – Biggest Fundraise of the Week55:57 – Outro--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Useful Links for Arcanum Ventures:👉 Arcanum Ventures X: x.com/ArcanumVentures👉 Arcanum Ventures LinkedIn: https://www.linkedin.com/company/arcanum-ventures/👉 Arcanum Venture Website: https://www.arcanum.ventures/👉 Arcanum Telegram Community: https://t.me/Arcanumventures👉 Work With Us: https://www.arcanum.ventures/workwithusform/👉 Arcanum Media Center: https://www.arcanum.ventures/media-center/--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Disclaimer:Arcanum Ventures is not currently invested in or advising with any of the mentioned companies. The context of this content is merely meant to provide discussion and insight to viewers interested in the #startups, #tech, #AI, and #web3 industries.This video was created to serve as an educational aid, and nothing in the video constitutes any financial advice. Do your own research and #invest wisely!

Fighters Were Paid in Trump's Cryptocurrency on the White House Lawn | BOOM ROOM Weekly Roundup

Global macro frameworks are shattering. This week, an unexpected US-Iran peace deal triggers a 5% drop in oil.Meanwhile, tech is moving at a blistering speed: SpaceX went public, jumped 56%, and immediately scooped up Cursor for $60B.But the biggest shockwave? The US government forcibly shutting down Anthropic’s newly released Claude Fable 5 just three days after launch.Timestamps:00:00 – Intro01:30 – The US and Iran Signed a Peace Deal06:45 – Kevin Warsh Holds Rates at His First Fed Meeting10:48 – SpaceX Opened at $160.95 on Day One15:18 – Jeff Bezos’s Prometheus raises $12B21:01 – Nvidia's AI Chips Were Quietly Reaching China24:50 – SpaceX Acquired Cursor for $60 Billion29:21 – Anthropic Released Its Most Powerful Model Ever34:50 – Fable 5 Was Jailbroken Days After Launch37:52 – Beijing Ordered Meta to Unwind Manus Acquisition 43:40 – State Attorneys General Is Investigating OpenAI48:57 – UFC Freedom 250 Was Held on the White House54:11 – The CLARITY Act's July 4 Deadline Declared Impossible58:15 – India Banned Telegram1:01:20 – Biggest Fundraise of the Week1:04:39 – Outro--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Useful Links for Arcanum Ventures:👉 Arcanum Ventures X: x.com/ArcanumVentures👉 Arcanum Ventures LinkedIn: https://www.linkedin.com/company/arcanum-ventures/👉 Arcanum Venture Website: https://www.arcanum.ventures/👉 Arcanum Telegram Community: https://t.me/Arcanumventures👉 Work With Us: https://www.arcanum.ventures/workwithusform/👉 Arcanum Media Center: https://www.arcanum.ventures/media-center/--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Disclaimer:Arcanum Ventures is not currently invested in or advising with any of the mentioned companies. The context of this content is merely meant to provide discussion and insight to viewers interested in the #startups, #tech, #AI, and #web3 industries.This video was created to serve as an educational aid, and nothing in the video constitutes any financial advice. Do your own research and #invest wisely!

The Strait of Hormuz Is Open and Closed at the Same Time | BOOM ROOM Weekly Roundup

The Iran war escalated again overnight. The US struck Iranian military and surveillance sites for the second consecutive night, in response to a downed American helicopter in the Gulf days earlier. Iran fired back at US bases in Kuwait, Bahrain, and Jordan with 12 ballistic missiles. Iran now says any vessel approaching the Strait of Hormuz is cooperating with the enemy. CENTCOM says the Strait is open and ships are transiting through it. Both things are being said at the same time. Brent crude is sitting in the mid 90s and barely moved.The US added 172,000 jobs in May, more than double the forecast, with unemployment holding at 4.3 percent. CPI is still at 3.8 percent and real wages remain negative. Kevin Warsh takes the chair at his first Fed meeting on June 17 facing a labor market that gives him almost no room to cut.Apple held its last WWDC under Tim Cook this week and rebuilt Siri from scratch as Siri AI, powered by a custom 1.2 trillion parameter Google Gemini model under a reported 1 billion dollar a year deal. Starting this fall, iOS lets you set Claude or another third party AI as your default assistant instead of Siri.SpaceX priced its IPO at 135 dollars a share, targeting a 1.75 trillion dollar valuation in the largest IPO in market history, with 30 percent of the float going to retail through Robinhood, Fidelity, and Schwab.Monash University published research on a light powered AI chip that generates, directs, and reads information on a single circuit, a potential answer to the AI energy crunch.Anthropic released Claude Fable 5, the first publicly available Mythos class model, days after filing its confidential S1. Claude Mythos 5, the unrestricted version, is simultaneously rolling out to 150 organizations across 50 countries through Project Glasswing.The Great American AI Act was introduced in Congress this week as the US starts writing its own AI rules, while the EU AI Act's general purpose AI rules take effect August 2 with the compliance guidance still unpublished.#ai #worldnews #iran #technews #vcinsights #technology #tech #crypto #deeptech #investing #investingpodcast #investingnews Timestamps:00:00 – Intro01:24 – Iran War Is Stalling05:51 – US Jobs Added 172,000 in May10:07 – Rise of Defense Tech Startups Funding 14:01 – The WWDC 202618:36 – European Military Robots Go to War22:52 – SpaceX Prices Its IPO at $135 Per Share28:27 – Monash University Built a Light-Powered AI Chip31:06 – Anthropic’s Claude Fable 536:25 – The Great American AI Act39:42 – Google and Anthropic Pays SpaceX for Compute43:58 – AI Water Consumption Dilemma47:24 – Telegram Rebranded TON to Gram51:15 – Sam Bankman-Fried Filed a Formal Pardon Application55:22 – CFTC New Rules for Prediction Markets59:33 – Biggest Fundraises of the Week1:02:59 – Outro--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Useful Links for Arcanum Ventures:👉 Arcanum Ventures X: x.com/ArcanumVentures👉 Arcanum Ventures LinkedIn: https://www.linkedin.com/company/arcanum-ventures/👉 Arcanum Venture Website: https://www.arcanum.ventures/👉 Arcanum Telegram Community: https://t.me/Arcanumventures👉 Work With Us: https://www.arcanum.ventures/workwithusform/👉 Arcanum Media Center: https://www.arcanum.ventures/media-center/--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Disclaimer:Arcanum Ventures is not currently invested in or advising with any of the mentioned companies. The context of this content is merely meant to provide discussion and insight to viewers interested in the #startups, #tech, #AI, and #web3 industries.This video was created to serve as an educational aid, and nothing in the video constitutes any financial advice. Do your own research and #invest wisely!

The Man Who Named AGI Says We're Doing AI Wrong [ft. Peter Voss @ AIGO.ai]

Episode 36 of the BOOM ROOM is here with special guest Peter Voss of AIGO.ai.Peter Voss co-coined the term AGI in 2001. He has spent over 20 years building toward it. And his assessment of where the industry is today is blunt: virtually nobody working on AI is actually working on AGI, and the math makes that impossible to ignore.Your brain runs on 20 watts. The largest AI data centers consume 20 gigawatts. A child learns a new concept from a single example. LLMs need trillions of data points and a billion-dollar training run to get close. Peter argues this is not a temporary inefficiency that scale will solve. It is a fundamental architectural dead end.He joins Carmelo and Sasha on the BOOM ROOM to break down what real AGI looks like, what we need AGI for, why cognitive architecture is the path the big labs refuse to take, and what AIGO.ai has been quietly building for a decade.In this episode:- Why Peter believes LLMs are an off-ramp to AGI, not a path toward it- The three things that make human intelligence unique and why LLMs have none of them- What incremental real-time learning is and why back propagation makes it impossible for current models- Why only 5% of enterprise AI prototypes ever reach production- How AIGO's cognitive architecture works and why it can run on a single off-the-shelf computer- The alignment problem reframed: it is not a values issue, it is a competence issue- What AGI will actually mean for jobs, science, and personal agency- Founder advice from someone who has taken a company from garage to IPO#artificialintelligence #agi #ai #nextgenai #startups #ipo #startupsuccess #vcinsights #investorinsights #machinelearning #ainews #investing --------------------------------------------------------------------------------------------------------------------------------------------------------------📍Useful Links for Arcanum Ventures:👉 Arcanum Ventures X: x.com/ArcanumVentures👉 Arcanum Ventures LinkedIn: https://www.linkedin.com/company/arcanum-ventures/👉 Arcanum Venture Website: https://www.arcanum.ventures/👉 Arcanum Telegram Community: https://t.me/Arcanumventures👉 Work With Us: https://www.arcanum.ventures/workwithusform/👉 Arcanum Media Center: https://www.arcanum.ventures/media-center/--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Useful Links for Peter Voss and AIGO.ai:👉 Peter Voss LinkedIn: https://www.linkedin.com/in/vosspeter👉 AIGO.ai Website: http://www.aigo.ai/👉 AIGO.ai LinkedIn: https://www.linkedin.com/company/aigo-ai/👉 AIGO.ai X: https://x.com/Aigo_Community--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Disclaimer:Arcanum Ventures is currently invested in and advising AIGO.ai. The context of this interview and the content is merely meant to provide discussion and insight to viewers interested in the #startups and #web3 industriesThis video was created to serve as an educational aid, and nothing in the video constitutes any financial advice. Do your own research and #invest wisely!

Hedge Funds Bought $86 Billion in Stocks While Iran Bombed an Airport | BOOM ROOM Weekly Roundup

The market can stay irrational longer than you can stay solvent, but it cannot override the laws of physics or thermodynamics.If you are treating the modern macroeconomic landscape as separate isolated verticals, geopolitics here, AI capital expenditures there, energy infrastructure over there, your portfolio is highly exposed. Iran targeted US bases in Kuwait and Bahrain and a vessel near the Strait of Hormuz on June 3. A drone strike heavily damaged Kuwait International Airport, killed one person, and injured more than sixty. Iran has now stopped communicating with mediators about extending the ceasefire and wants the Lebanon truce enforced before returning to talks. Bitcoin fell from about $77,800 to an intraday low near $65,978 with roughly $1.85 billion in liquidations. Oil moved back above $100.Hedge funds had bought a record $86 billion in equities over five sessions this week on ceasefire optimism. That optimism reversed within hours of the Kuwait attack.SpaceX filed its updated IPO prospectus with trading expected around June 12. The filing discloses a target price range, lists water shortages as a risk factor for AI computing, and confirms the company holds about 8,285 Bitcoin. Analysts are discussing a valuation that could exceed two trillion dollars, which would make it the largest IPO on record.Unitree Robotics brought humanoid robots onto the America's Got Talent season 21 premiere on June 2. All four judges voted yes. Simon Cowell called it insane but brilliant. The company ships about 15,000 humanoid robots a year.Alphabet raised roughly $85 billion for AI infrastructure with Berkshire Hathaway anchoring $10 billion. OpenAI and Anthropic both moved toward public listings, putting three companies worth a combined $3.7 trillion on a path to market. Microsoft Build embedded AI agents directly into Windows.Weekly recap with Carmelo Giuliano and Sasha Asheghi from Arcanum Ventures.#ai #technews #vcinsights #investingpodcast #investing #investingtips #technews #investingnews #technology #crypto #robotics #artificialintelligence Timestamps:00:00 – Intro01:49 – Iran Bombed Kuwait's Airport06:34 – Hedge Funds Bought a Record $86 Billion in Stocks10:58 – Unitree's Robots Danced on America's Got Talent14:41 – SpaceX Filed Its Updated IPO19:45 – The Enhanced Games26:11 – Uber Is Testing Robotaxi in Munich With Nvidia27:52 – Alphabet Just Raised $84.75 Billion For AI31:44 – Microsoft Build 2026 Event35:29 – OpenAI and Anthropic Both Filed for IPO40:32 – AI Is Now Consuming Over 10% of US Electricity44:53 – Mt. Gox Moved $739 Million in Bitcoin45:17 – ETFs Lost $3.45 Billion in 11 Sessions45:44 – Strategy Sold Bitcoin for the First Time Since 202249:33 – Crypto PACs Just Went Undefeated54:15 – Biggest Fundraise of the Week56:51 – Outro--------------------------------------------------------------------------------------------------------------------------------------------------------------📍Useful Links for Arcanum Ventures:👉 Arcanum Ventures X: x.com/ArcanumVentures👉 Arcanum Ventures LinkedIn: https://www.linkedin.com/company/arcanum-ventures/👉 Arcanum Venture Website: https://www.arcanum.ventures/👉 Arcanum Telegram Community: https://t.me/Arcanumventures👉 Work With Us: https://www.arcanum.ventures/workwithusform/👉 Arcanum Media Center: https://www.arcanum.ventures/media-center/--------------------------------------------------------------------------------------------------------------------------------------------------------------📍 Disclaimer: Arcanum Ventures is not currently invested in or advising with any of the mentioned companies. The context of this content is merely meant to provide discussion and insight to viewers interested in the #startups, #tech, #AI, and #web3 industries.This video was created to serve as an educational aid, and nothing in the video constitutes any financial advice. Do your own research and #invest wisely!