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Hemant Taneja

๐Ÿ‘ค Speaker
270 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

And I think it's going to accelerate from here.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

Well, look, so Anthropic builds language models.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

It's got some of the best models out there.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

There's a couple of companies that are doing a good job with that.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

And then they've got cloud on top, which is, to me, the essence of transforming the engineering department of an enterprise, right?

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

And that's a killer application where everybody is now using these tools.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

So that business, when we invested, was doing about $880 million, which was a 10x growth from the year before.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

10x year over year.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

10x growth the year before.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

And then this last year, they've announced this, they're growing another 10x or more.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

And so when you look at that, and we invested at the $60 billion valuation, assuming it's going to be like a 3x growth from there, because those are staggering numbers, and it does 10x.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

Can't predict it, but to see adoption is so fast.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

And so you look at that and say, so we ended up investing at,

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

you know, a eight, nine, $10 billion kind of run rate business at 60 billion.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

That's the cheapest deal that got done last year in venture capital.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

On a financial basis.

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

So we just have to get our head around what does scale really mean?

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

And are we in the business of creating what we used to think was like, can we create decacorns?

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

Now we're talking about can we create trillion dollar companies, right?

All-In with Chamath, Jason, Sacks & Friedberg
Why AI will dwarf every tech revolution before it: robots, manufacturing, AR glasses from CES 2026

I mean, that's not a pie in the sky idea with Anthropic and OpenAI and a couple others.