For the last 30 years, globalization was the default—especially in tech. But as the world fractures, we’re seeing something new: deglobalization driven by national security, digital sovereignty, and geopolitical competition.

Today, Lux Capital’s Danny Crichton joins us to break down the new industrial policy era. We discuss how the tech world is fragmenting into national stacks, why most countries will never build their own search engines or operating systems, and how this shift is creating both opportunity and chaos.

We also covered Elon Musk’s Neuralink trial in the UAE, Pathos AI’s $365M raise for cancer drug trials, Harvey’s potential $5B valuation, and a major customer data breach at Coinbase.