AMD Buys Fei-Fei Li's World Labs for $8.2B | Meta Poaches MongoDB's CEO | Bessemer Raises $5.75B
Oct 1, 2026 · 1:20:28
Jack Altman of Benchmark, Jason Lemkin and Rory O'Driscoll tell Harry Stebbings that Anthropic's leaked S-1—$4.6B 2025 revenue, $8B operating loss, $518B in compute commitments—held little new, and that Benchmark's $10B Instinct bet is an early-stage play on consumer agents. AMD's $8.2B buyout of Fei-Fei Li's World Labs starts a wave of neolab exits; Meta's $500M package lured MongoDB's CEO away as its stock dropped 20%. They argue open-source AI has peaked in share because OpenAI and Anthropic can undercut pricing and enterprises reject China-origin weights, and debate putting 30% of a fund into Jev at $10B. They weigh Oura's pulled $16B IPO, Nubank's $8–12B Monzo bid, Bessemer's $5.75B raise, NFX moving to its own capital, and Anthropic founders locking in 50.1% voting control.
