Google's Record Quarter, the White House Intervenes, and GPT 5.5 Silently Matches Mythos | EP 254
Moonshots with Peter Diamandis
May 9, 2026
In this episode, the mates welcome Blitzy CEO Brian Elliott to discuss Google’s blowout AI-driven earnings, White House model vetting, Pentagon deals with frontier labs, compute scarcity, the rise of private-equity-led enterprise AI, ocean and space data centers, OpenAI’s changing cloud strategy...
Speakers Peter Diamandis, Dave Blundin, Brian Elliott, Alexander Wissner-Gross, Salim Ismail
TopicsBusiness
Peter Diamandis (0:00)
Google has crushed their earnings. Alphabet reported $109.9 billion, 22% year-on-year growth, 62.6 billion in profit. Google Cloud hit 20 billion revenue with 63% growth. AI drove results across the entire Google ecosystem.
Dave Blundin (0:17)
The revenue just goes up and up and up and up, and everyone's like, how's that possible, and the way that's possible.
Peter Diamandis (0:24)
The White House is considering a process of vetting all the models before they're released.
Dave Blundin (0:30)
The capabilities of the AI are going to grow exponentially, it continues to grow exponentially. They're incredibly valuable to the military. So the government ultimately has to preview these things, right?
Brian Elliott (0:39)
It has to, but it can't gatekeep. That's where we're going to end up falling behind from a geopolitical perspective.
Alexander Wissner-Gross (0:44)
I'm more worried about the Frontier Labs self-policing more aggressively than the government ever would and stifling competition that way. I think that's a far scarier future.
Dave Blundin (0:52)
This is the future that we're going to live in forever hereafter.
SPEAKER_5 (0:57)
Now, that's the Moonshot, ladies and gentlemen.
Peter Diamandis (1:02)
Everybody, welcome to another episode of Moonshots. Here with my extraordinary Moonshot mates, our resident genius, Alex Wissner-Gross. AWG, good to see you back in your normal haunt.
Dave Blundin (1:13)
And here.
Peter Diamandis (1:13)
And computer. Yeah. Awesome. And Dave Blundin. Dave, listen, I just want to thank you, Think Link Studios, Link Ventures for being a supporter of this pod.
We love the work that you're doing. And we'll soon have Salim Ismail. He is on some global junket and will be joining us in a little bit. But this is a podcast to help you understand how fast the world is changing and how to take advantage of it. You know, this is the news and the technology that really impacts our lives, our families, our companies, our industry, our nations. No politics, just the news that really matters. And welcome to another episode of WTF Just Happened in Technology.
We have a special guest today, Brian Elliott, the CEO of Blitzy. Brian, good to have you. Welcome.
Brian Elliott (2:04)
Peter, good to be here.
Peter Diamandis (2:05)
Yeah, we're going to be covering some Blitzy news.
Dave Blundin (2:07)
Big news week for Blitzy.
Peter Diamandis (2:08)
Yeah, and I just want to say, Brian, again, thank you for Blitzy being a sponsor of the show. You know, we choose our sponsors carefully.
Again, a big news week. But before we do that, just a little bit from the last couple of days, it's good to see Dave and AWG and soon Salim. We had an extraordinary event at MIT and Dave, thank you to the Link team for helping us get access at MIT. It was a launch of We Are As Gods, the book that Steve and I wrote.
Everyone who bought 100 books came to the event. We had a special guest, our dear friend and friend of the pod, Ray Kurzweil. It was fun. Alex, did you enjoy the conversations?
Alexander Wissner-Gross (2:51)
My favorite part, Peter, was that selfie that you took of the three of us at the end, three generations of Singularitarians. That was just an incredible moment.
Peter Diamandis (2:59)
It was, it sure was. It was great to see Ray and have him share his visions of how he predicts. And we'll have that podcast if it's not up yet, if you're listening to this, it will be coming up very shortly.
Super fun and really a lot of fun to have all of the Moonshot listeners in the room there. It was very limited. We had 120 people there. But if you missed your chance to be with the Moonshot mates, you're going to have another chance very shortly.
This is the Moonshots gathering. It's coming up in Los Angeles on September the 25th.
A lot going on that day. It's going to start at 9 a.m. actually, probably at 7.3 for pre-registration. And go late into the evening with a great party. We're going to be awarding the Future Vision Xprize. These are creators around the world who are creating visions of the future. These are trailers for movies they want to make. We're going to have some of the top Hollywood stars there helping us select it. We're going to be announcing very shortly something called the Moonshots Hackathon, the largest hackathon ever. And that's going to be awarded at the Moonshots gathering. Google X is going to be there. They're going to be having sessions on how to create an exponential group, how to create a Moonshot organization in your company or as an entrepreneur. Xprize is going to be there running design workshops. There's a session by Kathy Wood, who's going to be showing us how do you invest in exponential technologies, a massive party that night. And we have an amazing group of faculty and rock stars. Of course, the Moonshot mates will be there. You can come and join us, spend time with us.
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