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Last year, AI and machine learning startups raked in about half of all VC funding in North America. And so far this year, AI is still leading the pack. But a huge chunk of the money in the Q1 — $40 billion — went to one player: OpenAI. So is there still room for smaller, more focused startups in the AI gold rush? Or will it be a case of “winner takes all?”

In this live conversation at the Johns Hopkins University Bloomberg Center's inaugural Discovery Series, Kara speaks with Gary Rivlin, author of “AI Valley: Microsoft, Google and the Trillion-Dollar Race to Cash In on Artificial Intelligence,” and Christy Wyskiel, senior advisor to the president of Johns Hopkins University for innovation and entrepreneurship and the executive director of Johns Hopkins Technology Ventures.

The three discuss the impact of government cuts on AI research, how small AI startups can compete with the tech giants, and how AI could revolutionize health care. 

This interview was recorded on April 28, 2025.

Questions? Comments? Email us at [email protected] or find us on Instagram, TikTok, and Bluesky @onwithkaraswisher.

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The economy looks okay – retailers say otherwise.

The BIG Beautiful bill is on its way through the sausage factory.

Spec Tech (like quantum stocks) still in rally mode.

Guest: Tom Nelson, Franklin Templeton Funds

Tom Nelson is a senior vice president and head of asset allocation portfolio management for Franklin Templeton Investment Solutions. He is a member of the Investment Strategy & Research Committee.

He is a portfolio manager of a number of funds offered for sale in various jurisdictions. He is lead portfolio manager of the Franklin NextStep Fund series, the Franklin VolSmart Allocation VIP Fund and numerous model portfolio programs. He is portfolio manager of Franklin LifeSmart Retirement Target Funds, the Franklin Fund Allocator Series available in the United States and several custom institutional portfolio mandates.

Mr. Nelson joined Franklin Templeton in 2007 and co-founded the firm’s quantitative research services group upon joining the company. He moved to Franklin Templeton Investment Solutions in 2009. Prior to working at Franklin Templeton, Mr. Nelson worked for Bloomberg LP from 1991 to 2007, where he was most recently manager of the Americas market specialist teams.

Mr. Nelson holds a B.S. in accounting from the University of Delaware. He is a Chartered Financial Analyst (CFA) charterholder and a Chartered Alternative Investment Analyst (CAIA) charterholder. He is a member of the CFA Institute, the New York Society of Security Analysts and the Chartered Alternative Investment Analyst Association.</

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Truth isn’t something we feel—it’s something God reveals. In this message, Dr. Tony Evans shows why Scripture must be the ultimate standard by which everything else is measured. Join us for a look at The Glory of God’s Word.

Kara and Scott discuss Elon Musk’s plans to significantly reduce political spending, and his defensiveness around DOGE. They also talk about reactions to Joe Biden's cancer announcement, and have choice words about the “big, beautiful” tax bill's advance. Plus, iPhone designer Jony Ive joins OpenAI, Google announces the roll out of AI Mode, and Democrats still want their Joe Rogan.

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Christopher Curtis is a retired police sergeant who spent 20+ years with the Las Vegas Metropolitan Police Department. In his career he was also a designated crisis and hostage negotiator. 

Sgt. Christopher Curtis joins Theo to talk about what really goes on when someone is detained, how race relations affect both sides of law enforcement, and the intense situations he found himself in as a crisis negotiator. 

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This was to be a fun live episode, but sadly, the audio recording of that (done by the professionals, not us!) failed to be usable. Bah! 

Lucky we got other audio as well. So, in this episode, we go round the show talking with people, and chat with Max Cutler, the founder of PAVE Studios.

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Bitcoin just notched a new all-time high, but this time, there’s no mania, no frenzy—just a shrug. NLW breaks down the weirdest ATH in Bitcoin’s history, why it happened without a clear catalyst, and what it says about BTC’s shifting role in the global financial system. Plus, a look at Japan’s spiraling bond market, rising U.S. fiscal fears, and what it all means for safe haven assets. Is Bitcoin finally decoupling—or are we just seeing the early signs of a bigger credit event?

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