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📢 Bits + Bips has its own channel now — full episodes here.

Reporting that OpenAI has a $20 billion revenue gap, as Anthropic’s quarterly revenue topped OpenAI’s for the first time, sent AI stocks lower.

Austin Campbell and Chris Perkins ask where the economic gains from AI will actually show up: frontier labs, regulation-backed moats, compute providers, specialized models, or whoever owns distribution.

Hosts:

• • Austin Campbell – Host of Bits + Bips, Founder of Zero Knowledge Group, and Adjunct Professor at NYU Stern
  • Chris Perkins – Co-host of Bits + Bips and Head of Franklin Crypto

This clip is from a longer conversation on Token2049, the Ledger reseller hack, AI and cryptography, rising yields, and the economics of AI. Full episode here.

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