Cerebras's IPO goes vertical, and the death of OpenClaw? | E2287

This Week In Startups is made possible by: Netsuite - Netsuite.com/TWiST Deel - Deel.com/TWiST LinkedIn Jobs - LinkedIn.com/TWiST Plaud - https://Plaud.ai/twist Today’s show: Cerebras just jacked its IPO range to $150–$160 a share, OpenAI bought a consulting firm to seed its $4 billion private-equity joint venture, and a startup in Oakland is electrolyzing magnesium out of seawater for one-third the going price. Alex Wilhelm and Jason Calacanis go deep with AI21 co-CEO Ori Goshen on why model orchestration, not bigger LLMs, will decide who wins enterprise AI. The crew also covered the decl…

This is one of the highest stakes games I've ever seen. >> A 750 megawatt deal with Open AI in January. It's not just insanity. It's insanity with a twist. >> The question here is what is that deal with Open AI worth? And then is that deal guaranteed or not? If the revenue doesn't show up, you're out of business and you go bankrupt. Can't pay your bills. Is Cerebras going to or Oracle going to sue an OpenAI? The acquisition by OpenAI took the wind out of the sales. All right, everybody. Welcome back to Twist. I'm Jason Calakanis. He is Alex Wilhelm. He's at Alex onx.com. I am Jason. We have a packed show. So, we're going to get right to work. Let's go. Alex, what's first up on this docket? I mean, before we start anything, I think I got to just get my plug. >> Oh, yes. >> And I'm going to just hit the record button. Oh, I get the nice haptic. I get the light goes off. And this is the one you put on the back of your phone. What is that? What's the difference between this one and the pin? Well, this one, if it's on the back of your phone, you can record phone calls. Now, of course, you have to make sure you're making people aware of this or maybe if you're in one party state, all that other good stuff. But if you're jumping on a Zoom call or a conference call, it actually can record the call and not on speakerphone. It just does it. So, an amazing product. It's Mag Safe. It goes right in the back and easy breezy. If you want to charge it, just this little uh charging cable, ban…