Breaking down Nvidia's Hugging Face and Poolside bets | E2331
This Week in Startups
1 DAYS AGO
Breaking down Nvidia's Hugging Face and Poolside bets | E2331
Breaking down Nvidia's Hugging Face and Poolside bets | E2331

This Week in Startups
1 DAYS AGO
Shownote
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This Week In Startups is made possible by:
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Today's show:
*Nvidia agreed to buy Hugging Face for $12.9 billion, just days after quietly
licensing Poolside's coding model for $6 billion+. On TWiST, Jason lays out why
this is actually the biggest AI story of the year. Nvidia plans to offer
enterprises unmetered, unlimited on-prem compute, pulling them away from
reliance on Anthropic and OpenAI's frontier models and products.
PLUS we're chatting with Halter founder & CEO Craig Piggott about how his
company helps farmers optimize their land use via solar-powered AI-driven cattle
collars. AND Hop Aero CEO and co-founder Matija Milenovic shows us Rook, his
autonomous hypersonic cargo rocket that can launch from a shipping container and
deliver cargo up to 450 miles away in about 15 minutes. Finally, Jason and Lon
explain why you never post Slop on the timeline.
Guests:
Craig Piggott on X: https://x.com/craig_piggott [https://x.com/craig_piggott]
Halter: https://www.halterhq.com/ [https://www.halterhq.com/]
Matija Milenovic on X: https://x.com/mat_milenovic [https://x.com/mat_milenovic]
Hop Aero: https://hopaero.com/ [https://hopaero.com/]
Relevant Links:
OpenAI Open Letter: https://openai.com/collective-cyberdefense/
[https://openai.com/collective-cyberdefense/]
OpenAI Hugging Face report:
https://openai.com/index/hugging-face-incident-and-the-road-ahead/
[https://openai.com/index/hugging-face-incident-and-the-road-ahead/]
OpenAI Jalapeño report: https://openai.com/index/jalapeno-first-results/
[https://openai.com/index/jalapeno-first-results/]
Dario Amodei-Gavin Baker tweet thread:
https://x.com/DarioAmodei/status/2088758816376807762
[https://x.com/DarioAmodei/status/2088758816376807762]
TechCrunch: Nvidia-Hugging Face deal:
https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/
[https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/]
TechCrunch coverage of Halter:
https://techcrunch.com/2026/04/04/unpacking-peter-thiels-big-bet-on-solar-powered-cow-collars/
[https://techcrunch.com/2026/04/04/unpacking-peter-thiels-big-bet-on-solar-powered-cow-collars/]
Dealroom: Sir Peter Back on Rocket Lab:
https://app.dealroom.co/news/note/sir-peter-beck-on-rocket-lab-s-no-money-so-we-have-to-think-playbook-from-a-60k-new-zealand-start-up-to-an-end-to-end-space-company
[https://app.dealroom.co/news/note/sir-peter-beck-on-rocket-lab-s-no-money-so-we-have-to-think-playbook-from-a-60k-new-zealand-start-up-to-an-end-to-end-space-company]
WSJ: Druckenmiller op-ed: "Let the Bond Market Speak":
https://www.wsj.com/opinion/let-the-bond-market-speak-81529d74
[https://www.wsj.com/opinion/let-the-bond-market-speak-81529d74]
NOTUS: Druckenmiller's WSJ op-ed was written with AI:
https://www.notus.org/media/stanley-druckenmillers-wsj-op-ed-bessent-ai
[https://www.notus.org/media/stanley-druckenmillers-wsj-op-ed-bessent-ai]
WaPo: Wall Street Journal defends Druckenmiller op-ed:
https://www.washingtonpost.com/business/2026/08/25/wall-street-journal-says-ai-generated-op-ed-didnt-breach-its-standards/
[https://www.washingtonpost.com/business/2026/08/25/wall-street-journal-says-ai-generated-op-ed-didnt-breach-its-standards/]
Photon Matrix Laser Mosquito Killer: https://photonmatrixlab.com/
[https://photonmatrixlab.com/]
"The Wizard of the Kremlin" trailer: https://www.youtube.com/watch?v=U7ctYp3zQVA
[https://www.youtube.com/watch?v=U7ctYp3zQVA]
"King & Conqueror" trailer: https://www.youtube.com/watch?v=anS9xQEPTsU
[https://www.youtube.com/watch?v=anS9xQEPTsU]
"Lanterns" trailer: https://www.youtube.com/watch?v=7UIBOsuUwc4
[https://www.youtube.com/watch?v=7UIBOsuUwc4]
"Rebel Ridge" trailer: https://www.youtube.com/watch?v=gF3gZicntIw
[https://www.youtube.com/watch?v=gF3gZicntIw]
Alpaka Bravo Sling Max 2 bag: https://alpakagear.com/products/bravo-sling-max-v2
[https://alpakagear.com/products/bravo-sling-max-v2]
No Agenda podcast: https://www.noagendashow.net/ [https://www.noagendashow.net/]
THR: John C. Dvorak obit:
https://www.hollywoodreporter.com/business/business-news/john-dvorak-dead-tech-journalist-no-agenda-inside-track-1236657317/
[https://www.hollywoodreporter.com/business/business-news/john-dvorak-dead-tech-journalist-no-agenda-inside-track-1236657317/]
Timestamps:
0:00 The 100+ company open letter on cyberdefense
9:48 DigitalOcean - Want to see what building on a true AI-native platform looks
like? Head to https://do.co/twist to start building on DigitalOcean's AI-Native
Cloud today — and cut your AI workload costs by up to 50%.
16:46 Why some models are "unsafe at any latency"
19:44 Craig Piggott of Halter joins the show
21:03 Every.io - For all of your incorporation, banking, payroll, benefits,
accounting, taxes or other back-office administration needs, visit
https://every.io
26:09 How do you add cows to Starlink?
31:26 PayPal - Pay zero processing fees on your first $100K in eligible PayPal
payment volume. Learn more at https://paypal.launch.co
47:52 Founder-led hyper-local sales motion
53:15 Remember John C. Dvorak
58:27 Matija Milenovic of Hop Aero joins
59:53 Sending out autonomous swarms in the Indo-Pacific
1:11:26 Nvidia's mega-Hugging Face deal
1:16:32 Nvidia's "unmetered" play against Anthropic and OpenAI
1:29:47 How letting AI write for you is like lip syncing
1:33:44 Laser-guided mosquito defense system
1:36:32 Lon's streaming picks
Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com
[https://ticker.thisweekinstartups.com]
Check out the TWIST500: https://www.twist500.com [https://www.twist500.com]
Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
[https://rb.gy/v19fcp]
Follow Lon:
X: https://x.com/lons [https://x.com/lons]
Follow Jason:
X: https://twitter.com/Jason [https://twitter.com/Jason]
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
[https://www.linkedin.com/in/jasoncalacanis]
Check out all our partner offers: https://partners.launch.co/
[https://partners.launch.co/]
Great TWIST interviews: Will Guidara, [https://youtu.be/pvJa2pzuXWQ] Eoghan
McCabe [https://youtu.be/9dHN4YFkgv4], Steve Huffman
[https://podcasts.apple.com/us/podcast/reddit-ceo-steve-huffman-on-mod-revolt-building-a/id315114957?i=1000617333424],
Brian Chesky
[https://podcasts.apple.com/ca/podcast/airbnb-ceo-brian-chesky-on-early-rejection-customer/id315114957?i=1000611761112],
Bob Moesta, [https://youtu.be/y2UMzSqX94Q] Aaron Levie
[https://podcasts.apple.com/ca/podcast/box-ceo-aaron-levie-breaks-down-box-ai-and-generative/id315114957?i=1000612384545],
Sophia Amoruso
[https://podcasts.apple.com/ca/podcast/sophia-amoruso-on-branding-raising-a-fund-portfolio/id315114957?i=1000601352978],
Reid Hoffman
[https://podcasts.apple.com/ca/podcast/reid-hoffman-on-ais-crescendo-moment-regulation-and/id315114957?i=1000612548498],
Frank Slootman
[https://podcasts.apple.com/ca/podcast/snowflake-ceo-frank-slootman-on-moving-the-needle-win/id315114957?i=1000602560622],
Billy McFarland
[https://podcasts.apple.com/ca/podcast/billy-mcfarland-on-fyre-fest-fraud-failure-hacking/id315114957?i=1000610922577]
Check out Jason's suite of newsletters: https://substack.com/@calacanis
[https://substack.com/@calacanis]
Follow TWiST:
Twitter: https://twitter.com/TWiStartups [https://twitter.com/TWiStartups]
YouTube: https://www.youtube.com/thisweekin [https://www.youtube.com/thisweekin]
Instagram: https://www.instagram.com/thisweekinstartups
[https://www.instagram.com/thisweekinstartups]
TikTok: https://www.tiktok.com/@thisweekinstartups
[https://www.tiktok.com/@thisweekinstartups]
Substack: https://twistartups.substack.com [https://twistartups.substack.com]
Highlights
Highlights
This episode examines the accelerating intersection of artificial intelligence, cybersecurity, agriculture, aerospace, and media, with a focus on how emerging technologies are changing established industries and creating new strategic risks.
Chapters
Chapters
The 100+ company open letter on cyberdefense
00:00DigitalOcean - Want to see what building on a true AI-native platform looks like? Head to https://do.co/twist to start building on DigitalOcean's AI-Native Cloud today — and cut your AI workload costs by up to 50%.
09:48Why some models are "unsafe at any latency"
16:46Craig Piggott of Halter joins the show
19:44Every.io - For all of your incorporation, banking, payroll, benefits, accounting, taxes or other back-office administration needs, visit https://every.io
21:03How do you add cows to Starlink?
26:09PayPal - Pay zero processing fees on your first $100K in eligible PayPal payment volume. Learn more at https://paypal.launch.co
31:26Founder-led hyper-local sales motion
47:52Remember John C. Dvorak
53:15Matija Milenovic of Hop Aero joins
58:27Sending out autonomous swarms in the Indo-Pacific
59:53Nvidia's mega-Hugging Face deal
1:11:26Nvidia's "unmetered" play against Anthropic and OpenAI
1:16:32How letting AI write for you is like lip syncing
1:29:47Laser-guided mosquito defense system
1:33:44Lon's streaming picks
1:36:32Transcript
Transcript
Jason Calacanis: This is the biggest story of the year.
Lon Harris: Nvidia taking over all of open source. They've agreed to acquire Hugging Face for $12.9 billion.
Jason Calacanis: U.S. Open source equals Nvidia. Chinese open source equals Kimi. Now we ...
