$2B for No Product, Robots Under $3K & Australia's Massive Miss

Built 2 Scale · 27 Jun 2025 · 1h 34m

What this episode covers

Hosts Matt Perrott and Scott Wilcox discuss the AI talent war, highlighted by Thinking Machines raising a $2B seed round with no product, and the democratization of robotics through Hugging Face's sub-$3K humanoid robots. They analyze the Limitless AI pendant as a wearable note-taker and coach, while debating the 'de-optimization' movement against excessive health tracking. The episode concludes with a critique of Australia's energy policy and cultural barriers, proposing an innovation hub in Darwin or Geelong to leverage local resources.

Mentioned

Companies
Thinking Machines, Hugging Face, 11 Labs, Y Combinator, SoftBank, Tesla, Waymo, Figure AI, OpenAI
Products
Limitless, ChatGPT, iPhone, Slack, WeChat, Perplexity, Raycast

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