i'm looking at lead investor, and there it is, andreessen horowitz, andreessen horowitz, andreessen horowitzg. the commitment your company has and why it's so important -- we're not talking about making money, we're talking about prosperity for the nation, right? >> absolutely. so, you know, i cofounded the american dynamism practice which we define as companies actively supporting the national interest. and those are companies operating not just in what we think of as apps or the things on our phone, the things like spacex, which you just mentioned. defense, national security. other important categories like housing, energy, education. things that touch all a americans and are very important to the dynamism of the united states. so we're actively investing in companies that help to to shore up our capabilities and make sure that we're investing in the critical needs of this country. charles: deepseek was a hell of a blow. i look at this also, okay, the top ten names, half are china or india. it should be a wake-up call, shouldn't it? >> it absolutely should be. i think deepseek was a sputni

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. >> and for more, let's bring in anjani mehta, general partner at andreessen horowitz. he's attending the summit and also invest in ai, ai, infrastructure and open source technology. good morning. thank you for joining us. >> thanks for having. >> me, frank. >> all right. so you were there at the summit. >> we just played a bit of what vice president jd. vance had to say. i do want to get your reaction on his comments. he was really focused on. regulation in europe and what he thinks that or how he thinks that regulation may hamstring the. development of ai. >> i think that's right. >> i think. >> it's a pretty good. >> summary of the. >> zeitgeist of this year's action summit. you know, the. >> theme has been action. >> and acceleration, as opposed to previous years, where there. >> was a lot of pessimism. i think the theme has been optimism. >> for what ai can. >> unlock. >> and there's. >> a ton. >> of. >> excitement and energy. around making sure that open. source ai, which is. >> pretty critical for many of those industries. >> vice president vance. mentioned healt

we joined andreessen horowitz on the table. we joined first-run capital and the city impact fund.ing for a great set of investors. bringing cherry rock capital in was about -- helping them scale, like i did when i was the ceo of task rabbit. the founders we have found have found early product market for it. they have a few million dollars in revenue and now they are looking for help like we bring over 60 years of operating experiences to scale their businesses. jackie: let's talk about what lps want to see as well. there have not been that many ipos over the last couple years. what catalyst do you think the market needs in vc to catalyze the trough we have been in? stacy: timing is everything. i think this is a great time to invest. when you look at the economic cycle for venture, 2024, 2025 vintage it's a great vintage. i think we raised $172 million at a great time and our lps also want us to create differentiation. we come in at the best valuation we can come in because that determines our exit and returns. we are very disciplined in our diligence process and we want to make su

the marine subway hero landed a position at the manhattan office of venture capital firm andreessen horowitzs than two months. after he was less than two minutes. two months after being acquitted in the death of jordan neely. and for that, we should say, hell yes. let's hope he doesn't choke. >> good one. >> derek. >> they're turning on me. they are turning on me. charles. that is not the way you treat the host. >> very fickle crowd. very fickle crowd. >> yes. >> thank you, thank you, thank you. charles, why didn't fox hire him? >> i don't know. >> why didn't fox business hire him? give him an hour. >> i don't know, you know, we got to talk to someone over there. >> yes. >> you know, i'm still not sure what he's going to be doing at andreessen, but 29 years ago this month, marc andreessen posed on the cover of time magazine without any shoes on. >> really? >> yeah. so i just think he's, he's he's one of these real people and he's starting to come out of his shell. >> marc andreessen is a brilliant guy. >> he is brilliant. >> yeah, he blocked me on twitter. i don't know why. >> the crazy thin

key investor sequoia capital, andreessen horowitz, valor equity partners they're all in discussion toticipate, and this fundraising round comes as xai prepares to launch its grok three chatbot and negotiate a $5 billion server deal with dell technologies that we spoke about. brian, you and i, just in the last hour or so, contessa. all right. thank you very much, christine. appreciate that. draftkings stock soaring after the earnings call this morning, ceo jason robins laid out an optimistic view of 2025 and really some astonishing numbers from super bowl sunday, $436 million wagered, which set a new record for daily sportsbook handle at draftkings and led to the highest gross gaming revenue in company history. hey, that's a pretty good start to the year. then wynn resorts on fire fueled by promising business in macau for chinese new year. it's up almost. that's draftkings up almost 12%. let's move to win now. the performance in las vegas was against some tough comps. we heard that there was a notable increase in slot play, something that mgm had talked about as well on its earnings ca

>> you know, the interesting thing, right, with that hire is that even an degreeson -- andreessen, horowitzse, hey, he doesn't know anything about investing. we're not hiring him necessarily because he's a good investor, we're hiring him because we want to teach him something. why him out of 8 billion people in the world? i think in large because he has made it, trump has made it very clear he's a fan of his. so i think that is andreessen sticking their flag even further into the ground and saying we are on the side of this administration. we like and want what the president likes and wants, and so far it's paying off a well for them. a former general partner of theirs is now at doge. and and so i think that was sort of a loyalty move, and we know that a trump's a guy who really likes loyalty. charles: yeah. let's face it, trump was elected by a majority of the public -- i'm sorry? oh, sarah, we're going to listen to president trump now. he's taking some questions. thank you. >> thank you. >> oh, i think he'll be okay with it somehow. [laughter] >> reporter: so democratic lawmakers are real

acquitted in december after choking to death a mentally ill subway passenger, has been hired by andreessen horowitzley's top venture capital firms, according to its website. pennie will work with a team to support americans interests that include the defense and aerospace industries. and nearly a year after the deadly collapse of baltimore's francis scott key bridge, maryland officials unveiled tuesday the design for its replacement, which they say will be taller and better protected from collisions with ships. construction of the new bridge could be finished in 2028 at a cost of up to $1.7 billion. >> wow. >> kelly. >> christina, thanks very much. kristina partsinevelos. still to come, researchers uncovering deep, hidden connections to a chinese state owned telco that's banned from doing business in the u.s. we have the new details and the risks to american users next. >> opportunities can. >> be hard to find. >> like catching lightning in a. >> bottle. >> in uncertain times, it's tempting to retreat or. >> simply wait and see. >> at cme. >> group, we. >> empower those. >> who act. >> we deliver.

there's a mistake in assuming or somehow some lobbyists in california, including companies like andreessen horowitz, have persuaded people that zero regulation is a rational that hasn't worked in any other industry. in fact, other industries benefit regulation. there's a strong challenge in getting the right regulation. don't want regulatory capture where the big companies write the rules, which is kind of the default but i think about for example airlines imagine commercial aviation if there were regulation, it would be a complete instead. it's incredibly safe because we have layered oversight we have regulation in how you build an airplane, how you meet and maintain it. and the go are you investigate it? yeah. this is from talking way too much. so we have multiple layers of regulation that allows the commercial aviation industry be reliable enough that, you know, got on five planes as part of the book tour and felt like my life was probably not in danger. that what they want for air is no regulation. we have that list of dozen problems there may be more and that's just courting backlash. right? a

. >> fund andreessen. >> horowitz, who have all backed musk in previous deals.utives. >> at. >> openai who are really. >> rushing this bid. >> off sam. >> altman reiterating that. >> to cnbc in paris this morning. but stanford professor robert siegel, who i spoke. >> to. >> tells me. >> the board. >> might really. >> need. >> to. >> take this seriously. >> they do have a. >> fiduciary duty. >> to consider. >> and he pointed out. >> this could also test openai's board governance. the board did restructure after. >> sam altman. >> was. >> ousted. >> if you remember that, and then. reinstated back in 2023. >> guys. >> i thought there was some question as to whether you brought that up or whether there's a fiduciary responsibility for a nonprofit to consider something like this. kate just said they have a fiduciary responsibility. it's like. >> well, the question is, who's the fiduciary responsibility to. and that's the interesting question. you could argue. >> that's an. >> interesting fiduciary. >> duty is. >> to the institution. go ahead kate. yeah. >> yeah. >> n