Today’s show: A $6M open-source AI model from China, DeepSeek, sends shockwaves through Wall Street, wiping billions off NVIDIA’s market cap and forcing a rethink on AI infrastructure spending. We explore the 25% surge in startup shutdowns, the lessons from leaner teams, and why some companies just couldn’t make the runway. Plus, SailPoint returns to the public markets saddled with $1.6B in debt—what does this say about private equity’s “buy, fix, and flip” strategy? Don’t miss this deep dive into the latest tech and startup news!

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Timestamps:

(0:00 ) Jason and Alex kick off the show.
(1:58 ) DeepSeek's market impact and Project Stargate
(4:18 ) Innovation, H100 GPUs, and open-source AI models
(8:41 ) Jevons paradox, Pat Gelsinger's analogy, and AI efficiency

(10:03 ) Northwest Registered Agent. For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today.
(13:25 ) AI's benefits for startups and privacy concerns
(19:32 ) Squarespace. TWiST listeners: use code TWIST to save 10% off your first purchase of a website or domain: https://www.Squarespace.com/TWIST
(19:51 ) AI optimization vs. hardware consumption

(22:20 ) OpenAI's revenue, valuation, and NVIDIA's market value
(30:13 ) LinkedIn Jobs. Post your first job for free at https://www.linkedin.com/twist
(33:21 ) Unified AI digital assistants and DeepSeq's new model
(35:01 ) AI's role in venture capital and team size reduction
(41:04 ) China's influence and DeepSeek's market impact
(43:22 ) Startup shutdowns and potential for increased M&A activity
(53:02 ) Nvidia's historical analysis, risks of leverage, and SailPoint's IPO

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LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm

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LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

(10:03 ) Northwest Registered Agent. For just $39 plus state fees, Northwest will handle your complete business identity. Visit https://www.northwestregisteredagent.com/twist today.
(19:32 ) Squarespace. TWiST listeners: use code TWIST to save 10% off your first purchase of a website or domain: https://www.Squarespace.com/TWIST
(30:13 ) LinkedIn Jobs. Post your first job for free at https://www.linkedin.com/twist
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