20VC: Airtable Sold for $1.285BN | Leo Achenbrenner's Situational Awareness Blows Up | Moonshot AI Raises $3.5B at $35B | Anthropic Model Breaches Three Companies' Security | Big Tech Earnings: Why Palantir Beat The Rest

**Rory O'Driscoll** (0:00)
Absolutely right on trend, absolutely wrong on portfolio construction. It's almost like it was inevitable. If you bought in in April, May or June, you've been wiped. We did a hedge fund, but it appears it wasn't hedged.
And we lost all our money in a week.

**Nikesh Arora** (0:14)
In the long term, average intelligence is gonna be free, and the average intelligence will get smarter. Land, permits, energy, compute. This is the thing that is gonna get priced for the next three to five years. Yes, it's perfectly possible that there is a public market dislocation because the players at the tables might change.

**Rory O'Driscoll** (0:34)
Yeah, Moonshot is happy, Nvidia is happy, Enterprise is happy, OpenAI is very, very sad. You're right, that's the dislocation. God, those were really strong numbers. I mean, all these people are selling a shit ton of compute.

**Jason Lampkin** (0:47)
If Palantir can do it, they came back from 15% growth four years ago. Why can't you do it, kids? Work harder.

**Nikesh Arora** (0:53)
I think it's a bit of a gold rush moment. I think every consumer app will get rewritten in the next five to 10 years.

**Rory O'Driscoll** (0:58)
In the face of insatiable demand, all things are possible.

**Harry Stebbings** (1:01)
This is 20VC with me, Harry Stebbings. It's my favorite show of the week. Rory O'Driscoll, Jason Lampkin and whoop, whoop, whoop, hold up. Nikesh Arora joins us in the studio.

**Rory O'Driscoll** (1:11)
Oh, yeah, baby.

**Harry Stebbings** (1:12)
Palo Alto Networks, $280 billion company CEO joins us in the studio for this incredible session today. And we discuss Leo Aschenbrenner's situational awareness imploding. Sad face. Airtable being acquired by Bending Spoons for $1.285 billion.
Sad face again. They were worth $11 billion before. Anthropics model breaching three companies. Oh, God, when does this security problems end? That and so much more in this incredible conversation with three of my favorite people. But before we dive into the show today, you have the idea, but with most AI tools, you hit a wall. The setup, the config, the gap between what you pictured and what you actually ship. Well, Base 44 is where that wall disappears. You describe it? Yeah, Base 44 builds it. Apps, websites, AI agents, real working products, built in minutes using nothing but plain language. And it's all batteries included, the backend, the database, the authentication, the hosting, the heavy lifting is handled. So you just really stay in the flow. This doesn't just take the busy work off your plate, but it gives you an advantage and pushes you past what you thought you could build alone. So in this market, fast is the baseline. To win, you just have to be first. Base 44 is that edge, the move that skips the troubleshooting and gets you straight to the breakthrough. Build your next thing at base44.com. That's base44.com.
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