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@etnshow
Europe’s Daily Live Technology Show. Hosted by @lukeknight and @ronanchamberss. Streaming live on X and Youtube 12PM-3PM UK.
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General Partner at Andreessen Horowitz Anish Acharya (@illscience) says using AI to edit the weights of other models is a bigger deal than people realise and could unlock continuous learning: "There's actually two huge breakthroughs that have happened in the last few months that I think are under discussed... [One is] the paper that was released on Monday about having models edit the weights of other models, which gives you the sort of continuous learning opportunity." "It was released and there was enthusiasm and then it was criticised, but I think it's a bigger deal than people appreciate." "The smartest people I've been talking to have been able to not just replicate, but extend it." "Now look, there may be some constraints, like there may be opposing ideas and models can't hold both of them in their head. You can't be highly conscientious and highly open, right? Because that sort of implies that the same weights are pointed in different directions." "But you may be able to do things like get models that are able to have high entropy in non-verifiable domains, like beautiful art and prose, but then high precision in verifiable domains where they can also write great code and be mathematical." "And we've never been able to reconcile those trade-offs before."
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Ro covered Mithril Medicine and single-person companies on the show today: "It's potentially the start of a new era." "A drug based on his research could be ready for human clinical trials as soon as late 2028." "Anthropic has not disclosed Mithril's deal terms...but it falls into the narrative of 'we will see single-person companies being acquired for astonishing amounts of money.'"
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Surprise 1: Anthropic acquired a one-person biotech . . . Surprise 2: that person is me Surprise 3: I’m here to tell you all about it Yes, this is what you think it is; after 6 yrs of increasingly loose anonymity: the Professor Oak reveal post …and yes, it has gotten so boring around here that I’m literally doxxing myself to spice up the timeline ------- Ok, allow me to introduce myself. My name is Cody Tranbarger. I mostly tweet, but occasionally find time to dabble in drug dev & starting/building biotechs. My past lives span the VC, crossover, startup continuum; Prof Oak has been my way of keeping a digital foot in those worlds, despite having my physical feet planted elsewhere. The past 18 mo, ‘elsewhere’ was Mithril Medicine, a co. I founded to develop bsAbs for LAMA2-CMD & other ECM-related genetic diseases. Mithril was born out of hands-on building with @MikeNGladstone, @JasonPaulRhodes, @LifeSciVC, & team @atlasventure. Somehow, I made enough half-decent calls along the way (even a broken clock is right twice a day, eh?) to convince them Mithril/I warranted a small seed. While I can hardly rationalize such an outrageously cavalier bet, I’m grateful for it, & I'd partner with Atlas again in a heartbeat. In typical AV fashion, Mithril’s primordial form was virtual, decentralized, & ultra-lean. This stage tends to be short-lived, but for Mithril, it worked surprisingly well, for surprisingly long, thanks in part to the rapid maturation of the AI tools I used liberally. Eventually, Mithril became a bit of an experiment itself - to find the upper bound of how far it could scale as a single operator + a bunch of Claude (+ a stellar bench of part-time consultants). In parallel, I started spending time with @nc_frey, @an1lam, & @CoefficientBio team; and promptly experienced, for the 1st time, AI at the frontier. Soon thereafter, Mithril stopped looking like an experiment, & started looking like a preview of an entirely new operating model. From that spark came “Pipeline-in-a-Person.” The idea immediately resonated when we shared it here back in April; and it was central to the shared vision that led to Anthropic’s acquisition of Mithril, & my joining the team. Why join Anthropic? Three reasons. (1) For Mithril, the programs continue, with more resources & infrastructure behind them, and as much Claude as I can put to work. (2) For me, the chance to start several more programs, & find out how many one person can actually run in parallel - an almost unprecedented luxury for a curious drug hunter. (3) For our mission, a path to institutionalize & scale this new way of working, then put it in the hands of all of biopharma, all over the world - which, candidly, I find the most energizing. Will AI x Bio cure diseases? Unequivocally yes, imo… but not by the route that gets the most airtime. Rather than timeline acceleration & compression, I see orchestration & parallelization as today's low-hanging fruit. Most drug hunters see a handful of go/no-go calls in a career, & spend entirely too much of the rest trading emails (my inbox can attest). Give them the bandwidth to run several programs at once, and the time to focus on scientific judgment, and I’m willing to bet they’ll make better calls. And at scale, better calls translate to more drugs, higher hit rates, broader patient impact, & likely, a disease or 10 or 100 cured. I couldn't be more excited to build toward that future @AnthropicAI. Finally, a heartfelt thank you to BioTwitter/X. The end of anonymity is bittersweet, but if anyone’s earned a proper introduction, you all have. It’s difficult to overstate how much this app has done for me: a decade of education, plenty of friends, many job opportunities, several mentors, a few investors, even a co-founder (fmr). It was the generosity of this community that inspired me to start posting 6 years ago, after just as many years lurking. I hope I’ve been able to pay it forward, in my own small way. But, to be clear, Prof Oak isn’t going anywhere. Same beat, same themes, and now, a front-row seat to drug development at the frontier. Stay tuned for dispatches from the trenches; and remember... Gotta Cure 'Em All
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The boys broke this down on the show today: "Having some kind of framework that means local communities are empowered. I think that's incredibly fair." "What I care about is, does it get done? Yes or no." "Like if we're going to restrict foreign investment and foreign entities constructing these and essentially extracting cash out of the ecosystem, obviously, I would prefer for it to be UK-built, UK-dominated, and have that money flow into the country." "But if we were to go down a path of like, 'Okay, well, then let's set up a covenant, and let's get a body for the covenant, and let me like work out a framework,' and then it's like, cool, we've missed the boat." "Just build padel courts on top of them."
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Er … hidden away in today’s Budget is a new Data Centre Covenant. taxpayers will fund over £700 MILLION in AI initiatives and the government is introducing special treatment for strategically important AI data centres. They will receive PRIORITY access to electricity capacity, faster connections and faster planning decisions. A new Quango … the Ministerial Control Centre will push these projects through. So with energy in short supply and prices linked to supply … ordinary citizens er … are not priority! Better stock up on brand and loo roll. Just like they told you.
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BREAKING: Sam Altman had at least one beer (a hazy IPA) on Cheeky Pint, and began nursing a Guinness. Full breakdown tomorrow.
Happy 4th birthday to this tweet.
Arena AI Capability Lead Peter Gostev explain why Anthropic won't be liable for bad advice: "The problem is: how could they assume responsibility, right? Let's say if it was like a lawyer--that I hired Claude to be my lawyer and they gave a bad advice. Well, maybe I didn't give all of the information or maybe I put a bad prompt. How could they have liability? It's impossible."
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Budget Reactions | London Food Map | Mithril Medicine | UK Data Centers | Reading is Dead
BREAKING: Our very own @Alex_C_Best has been promoted to COO.
naval told me: make it free or you lose 90% of your market. he was right. free users send the link to others, who then pay. @etnshow
.@attio Founder and CEO Nicolas Sharp (@nicolasosharp) thinks there has never been a better time to be unreasonably ambitious: "We are going through an order of magnitude shift in the productivity that one can have. Things that were taking decades are now taking months; things taking months are taking weeks." "Not only is our individual productivity and the productivity of well-built teams increasing, but what they're actually able to deliver and what the technology enables is kind of extraordinary." "The way that everything that we assumed was set and done is now being called into question." "We're in this short window where everything we know about the world will change...humanity has been through these before. We had things like the Industrial Revolution where composition of the workforce, people's living standards, everything changed and had big ramifications that kind of built the world that we live in today." "It's a pretty cool time to be unreasonably ambitious."
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In the age of agents, systems of record have never mattered more. They’ve also never been less prepared for what’s coming. Today, we’re announcing @attio's hybrid architecture, with the controls of application software at the scale of infrastructure. To agents, Attio looks like a database, queryable in SQL - a language they're RL’d on. Unlike a database, the business logic, policies, and compliance sit behind the query. This makes all of Attio’s data accessible by agents in the most powerful and flexible syntax. It gives GTM teams an order of magnitude more value from their time, with the full power of agents working across the entire customer lifecycle. A new shape of software is here.
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After 600+ guests, Niklas Adalberth (@norrsken_org Founder, @Klarna Co-Founder) hit us with the best introduction we've ever had on ETN: "5000 years ago, I started Klarna...and I had the honourable, admirable, moral ambition to make myself as rich as possible." "We're very lucky with Klarna; the timing was right when e-commerce took off. So Klarna took off as well, and we became a unicorn. I became financially independent - $10 million in my bank account." "I decide to celebrate in Las Vegas...checked into this big penthouse suite...played some poker, ordered wines I couldn't pronounce." "Then back in that hotel room with the Gucci, Prada bags all over, and a real authentic Rolex instead of my fake one from China...instead of reaching nirvana, which I thought I would, I just got this feeling of complete emptiness and meaninglessness." "So I decided instead...why don't I try to do something more meaningful as a happiness hack? The most egoistic thing I could do, right?" "I decided to quit and instead devote my time and wealth to this Norrsken Foundation, which I started in 2016 with the idea to put the spotlight, capital, and networks behind entrepreneurs that are tackling real challenges."
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During NVIDIA CEO Jensen Huang's visit to the UK he took a French reporters notebook and signed it with a gold pen and when presented with an AI report he also signed that joking it was now much more valuable: "He started teasing the French reporter for being French. He took the French reporter's notebook out of his hand and signed it with a gold pen..."He was looking at the reporter's questions—'these useless questions.'" "Azeem, tried to give Jensen a signed copy of his AI report, saying, 'Jensen, this is for you.' Jensen took it, signed it with the gold pen, and gave it back, saying, 'It's so much more valuable now.'" "He was high-fiving people. He was sipping his drink, saying that he was drunk now and someone had told him it was lemonade...the whole time he was taking questions from this assembled pack of journalists about every topic in the world: specific tech stuff, policy, geopolitics, about his meeting with the Prime Minister."
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Jensen Huang has a message for the UK
We had Co-Founder and CEO Erik Bernhardsson (@bernhardsson) on right after he announced Modal's $750M Series D this week: "We see so much demand from all these insanely cool AI applications getting built." "We have a lot of customers like Ramp and Cognition doing agent coding. We have customers like Runway and Suno doing generative media, DoorDash and Typeface and so many other companies..." "I think we really kind of entered a whole new era of software and in a set of capabilities you couldn't do before and that requires something like Modal..." "The demand is just overwhelming."
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Flying Tesla | Mistral CEO Build or Surrender | Muse & Apple | Unlucky Leopold | Porsche Mission S
China is building 66 new nuclear plants right now. The U.S. is building 2. Former U.S. Secretary of State @JohnKerry on the need for nuclear in the West: "China has made a determination... back in 2019 that sources of power was a real security challenge for them." "On a security basis, not a climate basis, on a security basis, they went whole hog on manufacturing and deploying renewables." "Right now, China deploys more renewables than all of the rest of the world put together. It's insane." "So what we really need to do is get our act together. All of us--Europe--you know, there's still a struggle with some countries: 'Do we want nuclear? Do we not?'"
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Transistors double every 18 months, parameters double every 4. @Synopsys Chief Product Officer Ravi Subramanian on the steepening curve facing chipmakers: "For the past 40 years, much of the advances in what was required and possible with a chip has been driven by Moore's law." "Moore's law allowed people to double the number of transistors within a piece of silicon every 18 months...that used to be the rhythm at which technology evolved and products evolved." "Today the driver for complexity is the fact that the model parameter count is doubling every four months." "So we're going from doubling every 18 months to doubling every 4 months." "The innovation required to keep up with doubling every four to six months is unbelievable in terms of what it requires."
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BREAKING: @PatronFund Co-Founder and General Partner Jason Yeh (@jasonoliver) joins us in The Arena at 1:45PM BST.
BREAKING: Antler (@AntlerGlobal) Founder and CEO @MagnusGrimeland joins Luke and Ronan in The Arena at 1:30PM BST today.
The intern has been notified.
Just in case @etnshow ever does an benchmarking of swords on @sourceryy 💪⚔️ @MollySOShea, @Starcloud_
68th U.S. Secretary of State & Co-Exec Chair of Galvanize @JohnKerry tells us 92% of new electricity coming into the United States is renewables: "We have 37 states out of 50 that have passed laws requiring them to deploy more renewables and during President Trump's first term, 75% of the new electricity that came online in America came online from renewables." "This year, now even though you hear all this opposition by the President, it's 92% of the new electricity is coming from renewables...batteries are now being used in Texas, the home of oil and gas, to balance the Texas grid in order to provide cheap electricity to their clients and people like it." "So they have wind, solar, storage, and of course gas. And it's a balanced system and that's how you avoid having the problems of people saying, 'Oh, you know, you're going to deprive me of my TV' or, 'You know, my house won't be heated,' or whatever. Not true."
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