Equity

AI burnout, billion-dollar bets, and Silicon Valley's Epstein problem


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AI companies have been hemorrhaging talent the past few weeks. Half of xAI’s founding team has left the company — some on their own, others through “restructuring” — while OpenAI is facing its own shakeups, from the disbanding of its mission alignment team to the firing of a policy exec who opposed its “adult mode” feature. 

On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O'Kane dig into the week's biggest deals and departures, from billion-dollar bets on fusion and robotics to the tech exodus reshaping AI companies. 

Listen to the full episode to hear about: 

  • Why humanoid robot startups are raising nearly $1 billion and partnering with Google DeepMind 

    • Whether fusion power startup Inertia Enterprises can actually deliver on its 2030 timeline, and why investors keep betting millions 

      • What the Epstein files reveal about Silicon Valley dealmaking, particularly during the EV boom 

        • Why AI Super Bowl ads might not be landing outside Silicon Valley 

          Chapters

          00:00 Intro

          02:46 AI Super Bowl ads ⁠aren’t quite landing⁠ outside of Silicon Valley 

          04:31 Apptronik raises $935M for humanoid robotics

          09:05 Will automakers partner with humanoid robotics startups?

          13:05 Inertia Enterprises raises $450M for fusion energy

          18:44 What the Epstein files reveal about ⁠Silicon Valley dealmaking⁠

          30:56 The exodus at xAI and OpenAI, and what it means for the AI race

          37:22 Outro

          Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

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          EquityBy TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa Loconsolo

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