Everyone asks where the real value in AI sits. Not the model. Not the data center. Tenstorrent builds the open alternative to NVIDIA — AI chips designed to run open-weight models, no walled garden. Intel and Qualcomm reportedly offered $5 billion for it. Jim Keller — the architect behind AMD's Zen and Apple's silicon — raised $1.5 billion at $6.2 billion to stay independent instead. In every cycle, the scarcest asset is the person who can build the machine. True in chips. True in movies. Bet on architects.

Anyone else feel like they work for Muse/Dots/Grokbot now? They ping me all day.

$2.5 billion, and it's the quietest hit in history. SPIDER-MAN: BRAND NEW DAY is the biggest movie of the year and the trades cover it like weather. When a film this big stops being news, the bar hasn't dropped — it's moved. Now a Spider-Man movie has to fail to make headlines. We have to celebrate these wins. Loudly!

Twenty years ago this week, THE PRESTIGE opened. Two magicians. One impossible trick. An ending audiences are still fighting about two decades later. Nolan made a film about obsession that became one. Are you watching closely?

The BFI IMAX sold 33,000 tickets for DUNE: PART THREE in a single day — a record, two months before opening. Audiences aren't abandoning movies. They're abandoning ordinary ones. Give people something worth leaving home for and they show up early, in numbers. @IMAX Great timing for Legendary to try to take Lionsgate into the fold.

$25 billion. That's what a New Mexico jury says Meta's broken promises cost — one of the largest verdicts in American history. And Wall Street will barely blink. The check isn't the story. 43 million findings of deception is. The fines have become smaller than the moat.

Every great film I've been part of had one scene everyone wanted to cut in the edit. Too slow. Too quiet. Doesn't advance the plot. It's always the scene the audience remembers twenty years later. Protect the scene.

I loved the @a16z Speedrun. So many inspiring startups. The best deals in venture never reach a data room — they're allocated on trust, built relationship by relationship. We at Deep Focus Ventures are thrilled to be backing our favorite four!

Netflix + A24 makes a lot of sense.

The trades called HEART OF THE BEAST a bomb on opening weekend. It’s at $155M and still running. Never let a Friday headline write a movie’s obituary.

Netflix reported theatrical grosses for the first time ever. LA BOLA NEGRA: $277,500 from four screens — the second-best per-screen average ever for a non-English film, behind only PARASITE. The audience found it. @netflix

LA BOLA NEGRA is extraordinary. The craft is staggering — the use of music, mystery revealed at the perfect cadence. Everything in service of story. Authentic and earned, every beat. It trusts the audience, and it stayed with me.

Forgot to mention how good Andrew Schulz is in STREET FIGHTER. Steals every scene he's in.

Excited to see this.

Quite the week at the movies. YOU CAN SEE EVERYTHING is extraordinary. SENSE AND SENSIBILITY is beautiful. LA BOLA NEGRA is a triumph. WHALEFALL announces Austin Abrams as a leading man. And STREET FIGHTER is just plain fun.

DIGGER is incredible. Tom Cruise is truly remarkable. End of an era in many ways as this is the last movie to be distributed by Warner Bros and likely the last movie of this type to be made. Maybe ever. Certainly at this budget level.

Two great dudes.

Did the script write itself? Variety should mention the writer in the headline!