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Equity

Are companies falling out of love with OpenAI?

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2365 Ratings

🗓️ 7 February 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Humanoid robotics company Figure raised eyebrows this week when it announced it would be stepping away from a partnership with OpenAI in favor of building its own in-house AI models. Figure CEO Brett Adcock alluded to a “major breakthrough” in their own process and plans to unveil “something no one has ever seen on a humanoid” in the coming month.  Figure isn’t the only company experimenting with non-OpenAI solutions either. Just last week, researchers from Stanford and the University of Washington demonstrated that it’s possible to train a highly capable “reasoning” model for under $50 in cloud compute credits, a stark contrast to the costs often associated with OpenAI’s models. TechCrunch’s Kirsten Korosec, Margaux MacColl, and Max Zeff are diving into the biggest news on today’s episode of Equity, including how the tide could be changing for OpenAI.  Listen to the full episode to hear about: Notable new hires in startups and venture, from Stripe’s new lead for ‘startup and VC partnerships’ to Andreessen Horowitz’s controversial pick for its American Dynamism team lead. Two space startups teaming up to build the next generation of telescopes.  Elon Musk’s latest play, and how Silicon Valley is reacting to the tech bros taking over the federal government. Equity will be back next week, so don’t miss it! Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.  Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes here. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time.

Transcript

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0:00.0

This episode is presented by Invest Puerto Rico.

0:03.4

If you believe your business can go anywhere, Puerto Rico is the place.

0:18.9

Hello and welcome back to Equity, TechCrunch's flagship podcast about the business of startups.

0:25.1

Today is Friday, February 7th, and I'm Kirsten Koresak, Transportation Editor at TechCrunch.

0:31.3

I'm Margaret McCall, senior reporter at TechCrunch.

0:33.9

And I'm Max F, another senior reporter at TechCrunch.

0:36.3

Before we jump into the deals, I have to say that this was definitely not on my 2025 card,

0:43.2

but I'm just like going to just ditch the whole bingo card because I'm shocked every day.

0:48.3

And this is about Andresen Horowitz's most recent hire.

0:51.9

Oh, it's so crazy.

0:53.5

Yeah.

0:54.2

This was a pretty wild one. So I mean, Andrewson Horowitz's most recent hire. Oh, it's so crazy. Yeah. This was a pretty wild one.

0:55.8

So, I mean, and Druson Horowitz just hired Daniel Penny.

0:59.7

If you don't remember, Daniel Penny was charged with manslaughter and criminally negligent

1:05.9

homicide in 2023 after fatally choking another passenger on the subway.

1:10.5

He believed that the mentally ill man posed a threat to other passengers on the train.

1:14.6

And it was a big story at the time.

1:16.4

We can't get into all the details, but he was since acquitted.

1:20.0

And now he is investing at Andreessen Horowitz.

1:24.1

So someone help, who can spread the needle on this?

1:27.3

Why did this happen?

1:29.2

The mental gymnastics involved, but Margo, give it a shot. I mean, it's important to note that he's

...

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