David Gurra

Jensen Wang's view was that they were struggling to find their place in the world, in the market, and for what it's worth, Sara Brassi, your name checks as well, filed confidentially for IPO yesterday.

Why might you succeed where Grok had to go to Nvidia, and I guess they're working on something.

and the public markets are needed for capital going forward.

Yeah, so I would say this is... Historically, the market has been won by the HPM-based players.

That's the Google, Amazon, NVIDIA, and not by Grok and Cerebrus.

SRAM-only chips are very good for latency, but when you want to run very long context models, you run out of memory capacity.

SRAM is too small.

It's fast, but too small.

Really, the hybrid of doing weights in SRAM, so you get the low latency, as well as having the HPM for very long context support, we believe that's what enables the low latency without all of the compromises that you would get.

Rhino Pope.

Thank you so much for joining us today, Matt X, CEO.

Thank you.

Look, we're going to stick with funding news.

Basis, a startup making AI tools for accounting, has raised $100 million at an over $1 million valuation.

This, of course, as investors grow pretty wary of disruption from agentic AI.

Here with us is Matt Hart, Basis CEO.

I go to the point.

How is Basis different from Anthropix's co-work plugin for an accounting business?

Yeah, well, first of all, great to be here, and thanks for having me, Caroline.

Look, we have an excellent relationship with OpenAI and with Anthropic, and I think Cowork, ChatGBT, the whole range of tools that they have are absolutely fantastic.