$THINKING-MACHINES · Thinking Machines’ First AI Model, California Loses $3.2B to Texas, TSMC Adds $100B | Diet TBPN

episode briefing

extracted intelligence

TBPN

Thinking Machines’ First AI Model, California Loses $3.2B to Texas, TSMC Adds $100B | Diet TBPN

2026-07-16 · 5 company · 6 thematic

sentiment

3 bull0 bear2 neu

speakers

tyler cosgrove

Tyler Cosgrove is guest hosting this episode of TBPN, filling in for regular co-host Jordi Hays. He contributes analysis on AI model releases, business models, and geopolitical dynamics.

john coogan

Co-host of TBPN, a live technology and business show focused on startups, venture capital and Silicon Valley.

quote

“it's actually I think it makes a lot of sense given the Tinker API, right? The whole business is is you know, you're doing fine-tuning on on open source models. It makes a lot of sense that they're going to have their own... It's sort of l…”

—tyler cosgrove

now playing · $THINKING-MACHINES

$THINKING-MACHINESbullish· mediumtyler cosgrove

Thinking Machines launches open-weights model Inkling to power its Tinker fine-tuning API

The open-weights release is strategically aligned with Thinking Machines' core Tinker API business — giving customers model ownership and portability (Red Hat model) while monetiz…

$ANTHROPICneutral· mediumjohn coogan

Anthropic shutting down millions of distillation accounts per week as Chinese labs allegedly clone Claude

Anthropic is fighting a distributed 'whack-a-mole' battle against model distillation — shutting down millions of API accounts weekly that act as pass-through entities for Chinese…

$SARONICbullish· mediumjohn coogan

Defense startup Saronic picks Texas over California for $3.2B automated shipyard

Saronic's choice of Brownsville, Texas (near SpaceX Starbase) over Solano County highlights California's permitting dysfunction — Texas offered a $211M tax abatement and expedited…

$TSM···bullish· mediumjohn coogan

TSMC raises capex and pledges $100B US investment but market reacts skeptically

TSMC — historically cyclical and not 'AGI pilled' — is signaling maximum conviction in AI demand by hiking capex and committing $100B to Arizona fabs; the market's negative reacti…

$DIS···neutral· mediumjohn coogan

Disney's $182B acquisition spree (Marvel, Star Wars, Pixar, ESPN, Fox) vs $169B market cap ignores $70B+ returned to shareholders

The raw comparison of acquisition cost ($182B in today's dollars) to current market cap ($169B) misses that Disney has returned $70B+ via dividends and buybacks; the real question…