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Andy Halliday

๐Ÿ‘ค Speaker
8321 total appearances

Appearances Over Time

Podcast Appearances

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

But I think we just observed the first single product, single developer billionaire exit, right?

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

So the compensation, which was not disclosed for hiring Peter Steinberger,

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

Because they didn't acquire his company.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

He has a company.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

He's developed things.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

He has a company.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

They didn't buy his company.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

And they basically just hired him with a huge package, I'm sure, that is multi-billions of dollars, given just the velocity and the importance of this product to the agent ecosystem.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

that's emerging.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

They, they gave him a big, big payday to come on board with open AI.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

And so he's got grants and options and everything else.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

And that was the compensation structure probably.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

And, and as a result of that, we can't say that a, there was an acquisition that took place.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

No acquisition took place.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

There was no company acquired.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

But again,

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

There was a foundation promise created by OpenAI to put this thing that Peter built for the purposes of having an open source thing out there available to everybody, to put it in a foundation run by OpenAI to keep it separate from the for-profit interests of OpenAI.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

But Peter Steinberger is going to be

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

like leading the charge for sort of individual agents in the product group, probably under Fijian Timo at OpenAI.

The Daily AI Show
WebMCP, A Standard for Agents to Use the Web

So yes, Meta and OpenAI were kind of the final players who were negotiating with Peter to do some kind of deal that would bring him into their fold.