We are back with another episode of Ashlee and Kylie gossiping about the latest in Silicon Valley.

First, a re-cap of our Alexandr Wang interview — his first real sit-down in eleven months — and what it actually revealed about Meta’s AI play. Wang seemed nervous hashing out the strategy in the studio, and we both keep circling the same puzzle: Meta has endless compute and top talent in Nat Friedman and Daniel Gross, so why does the model still feel underwhelming?

We get into Eric Schmidt getting booed off a commencement stage at the University of Arizona, which becomes a longer conversation about the generational fury aimed at AI. Everyone Kylie’s age seems to hate it, but is it due to misinformation or legitimate anger about jobs and data centers? Ashlee admits he’s more confused by this moment than anything he’s covered in tech: the predicted Wall Street collapse hasn’t come, the models keep getting better, and the valuations still make no sense.

Then, the news that broke minutes before we hit record: OpenAI won the Musk lawsuit on statute-of-limitations grounds. We dig into whether OpenAI’s shift from open-source nonprofit to for-profit was an original sin or just the only way to pay for the compute. Also, Ashlee’s texts with Sam Altman being part of discovery?!

In more Musk news, Bloomberg reported that Musk’s xAI stiffed staff on the $420 they were promised for feeding their tax returns into Grok. One host would decidedly not trust a chatbot with their financials, and the other already has. We also get into the strange new bedfellows: SpaceX selling compute to Anthropic, a company Musk has long been philosophically against.

We even take you behind the scenes at Core Memory — so study up and watch our latest videos on Phantom Neuro and Starfront Observatories. Consider this your homework on mind-controlled arms and galaxy photography. Essay due on our desk by morning.

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