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Tommy: You're now plugged in to the Delphi podcast. Hey, everyone. Welcome back to the podcast. I'm Tommy, one of the founding partners at Delphi Ventures, and I'm with He Man Shu, who is a core contributor to Sentient. Sentient is a major crypto AI project, and I'm happy to have you on.
How are you?
Himanshu: Doing well, Tommy. Nice to be here.
Tommy: He Manchu, I have to ask out of the gate. An $85,000,000 raise led by Peter Thiel's fund. It's so much money. How do you think about spending that? It's it's a it's a wild amount of money.
Right?
Himanshu: It's it's a lot of money, and we hope we can, use it the way we want to use it to make difference in community build OpenAI. And, you know, it's a lot of money, but it's not a lot of money for this new AI world mainly because AI, both compute and talent, the 2 resources that make AI, are very expensive. So It is. Yeah. So it's all for good cause.
Tommy: No. It it definitely is. I mean, just looking at those two worlds. Right? Like, pondering Durian on our side released these really well written crypto AI reports, and he calls out just the 100 of 1,000,000,000 of dollars web 2 companies have to build out AI.
Right? So when you compare that to the 85 mil, to your point, it sounds like a lot in crypto, but it doesn't sound like a lot in web 2 terms.
Himanshu: Absolutely. Absolutely. And and the moment one starts one says the conviction that they're the models that they're building can be scaled to that extent, then even we need to have that kind of capital available to scale further. So it's just the beginning, Tommy. It's it's surprising, but it's just the beginning.
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