Brian Armstrong × Andrew Feldman × Jake Loosararian

Coinbase says U.S. crypto has shifted from regulatory defense to institutional deployment, with five of the top 20 global banks using its infrastructure.Under the GENIUS Act, regulated stablecoins hold 100% reserves in short-term Treasuries, while Coinbase can pass customers “about 100% of the economics” through rewards.B2B cross-border settlement is already driving strong Coinbase Business demand, while trade groups Armstrong believes are trying to revisit the law remain a risk to monitor.

Peter Diamandis × Dave Blundin × Salim Ismail

OpenAI’s $6.5 billion Jony Ive deal is a distribution bet to control an AI-first consumer endpoint rather than merely improve its model.Google’s benchmark gains, hardware control through TPU v7, and AI Mode challenge Search while Anthropic continues to leapfrog it.Efficiency could expand chip and data-center demand through Jevons Paradox, while agentic back offices and Veo 3 create near-term enterprise and media catalysts.

Richard Socher × Salim Ismail × Peter Diamandis

AI is shifting toward telecom-like infrastructure, pushing durable value toward customer access, proprietary data loops, and model-agnostic trust layers.Socher sees digital superintelligence potentially arriving within “a year and a half to two years,” while AI-for-science and agent adoption expand opportunity alongside valuation, energy, privacy, and autonomy risks.

泓君 × Jared Ren × Roger Luo

Google Willow证明量子纠错可以随规模改善，被视为量子计算的“Transformer moment”，但不到五分钟的基准测试尚非实用任务。未来10—15年更可能是QPU与GPU共同扩张，量子安全迁移已推动银行和通信资本开支；芯片路线、容错时间表与数据中心商业化仍需用实际演示验证。