SemiAnalysis, Altimeter, Nebius, Glean.. 12 Hot Takes From Biggest Names in AI

Day 2 of RAISE Summit in Paris, the biggest AI summit in Europe. 12 founders, operators, and investors give us their hottest takes on the debates splitting the room right now: is token maxing genius or a waste, is open source dying or about to take over, and are we in a bubble. The disagreements are the best part. Dylan Patel (SemiAnalysis) loves token maxing and says open source is dying quickly, while others call token maxing the wrong approach entirely. Qasar Younis (Applied Intuition) on the opulence phase of the cycle and the pullback he sees coming. Apoorv Agrawal (Altimeter) on the four seasons of AI and planning for the climate, not the weather. Plus enterprise ROI, physical AI, petabyte-scale search, and why data is back. "Open is dying quickly." - Dylan Patel, SemiAnalysis. "There are four seasons in AI. They're called OpenAI, Anthropic, SpaceX, and Google." - Apoorv Agrawal, Altimeter. Guest lineup: Dylan Patel, CEO, SemiAnalysis Qasar Younis, CEO, Applied Intuition Apoorv Agrawal, Partner, Altimeter Capital Arvind Jain, CEO, Glean Ariel Cohen, CEO, Navan CJ Desai, CEO, MongoDB Gil Feig, CTO, Merge Nikhil Benesch, CTO, TurboPuffer Barak Kaufman, Chief Strategy Officer, Wonderful Max Junestrand, CEO, Legora Marc Boroditsky, CRO, Nebius Laura Diorio, Social Media, NYSE This episode is brought to you by Brex, MongoDB, and Assembly AI. Molly on X: https://x.com/MollySOShea 𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒 • Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • MongoDB–Millions of developers and more than 65,200+ customers across industries, including ~75% of the Fortune 100, rely on MongoDB for their most important applications. With integrated capabilities for operational data, search, real-time analytics, & AI-powered data retrieval, MongoDB helps organizations everywhere move faster, innovate more efficiently, & simplify complex architectures. https://mongodb.com/ai • AssemblyAI–Millions of developers use AssemblyAI to power their voice ai applications and features. One API gives you access to best-in-class speech-to-text, voice agent, and speech understanding models for both pre-recorded and real-time audio. Granola, ClickUp & HeyGen are scaling with AssemblyAI - get $50 of free credits today at http://AssemblyAI.com/sourcery 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 00:00 RAISE Summit Day 2 00:12 Qasar Younis (Applied Intuition) 03:46 AI Trends at RAISE 05:29 Applied Intuition Updates 09:46 Bubble Risks and Books 15:37 Self-Driving Future 17:29 Dylan Patel (SemiAnalysis) 22:05 Tokenmaxxing Debate 24:31 Marc Boroditsky (Nebius) 28:37 Arvind Jain (Glean) 32:02 Laura Diorio (NYSE) 35:03 Apoorv Agrawal (Altimeter): Four Seasons of AI 38:23 Nikhil Benesch (TurboPuffer) 42:18 CJ Desai (MongoDB): Agent Data Layer 43:00 Barak Kaufman (Wonderful) 45:34 Max Junestrand (Legora) 49:35 Gil Feig (Merge) 51:58 Ariel Cohen (Navan): Bullish on Humans 54:54 CJ Desai (MongoDB): Data Is Back #podcast #investing #technology #venturecapital #entrepreneur #startup #siliconvalley