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

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May 11, 2026

Ori Goshen, co-CEO of AI21, an enterprise AI leader building Maestro orchestration and the Jamba model family. Alex Grant, founder and CEO of Magrathea Metals, commercializing magnesium from seawater with a pilot electrolyzer. They discuss model orchestration vs bigger LLMs, Maestro and Jamba tradeoffs, magnesium-from-seawater pilot results, drying/IP innovations, and U.S. onshoring economics.

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ANECDOTE

Oakland Pilot Produces Magnesium From Molten Salt

Magrathea built a molten salt electrolyzer pilot in Oakland to produce magnesium from seawater/brines.
Alex Grant showed a video of technicians linking metal out of molten salt and said they are scaling to commercial smelters.

insights

INSIGHT

Onshoring Magnesium Can Be Economically Competitive

Domestic magnesium economics can undercut Chinese supply if produced efficiently.
Alex Grant estimates U.S. mag at ~$7,000/ton market price versus Magrathea's ~$3,000/ton target in Arkansas JV.

insights

INSIGHT

Live Agents Can Produce Real-Time Commentary During Shows

Real-time sidebar agents can transcribe live audio and generate context-aware outputs like jokes or fact checks.
Alex Wilhelm demoed Glass Sidebar running in-browser transcription and a comedy writer producing live riffs on Zoom audio.

Get the Snipd Podcast app to discover more snips from this episode

AI21's Maestro and model orchestration

02:40 • 2min

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Why orchestration matters for enterprises

Jamba model family and architectures

05:17 • 4min

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Open-weight Jamba versus proprietary Maestro

09:04 • 2min

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Maestro's business model and customers

11:09 • 3min

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From Wordtune to enterprise orchestration

13:45 • 1min

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Maestro demo: cost-accuracy Pareto frontier

15:12 • 2min

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Savings potential from model portfolios

Magrathea Metals: magnesium from seawater

21:10 • 2min

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Process, IP and drying innovation

23:22 • 3min

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Economics and U.S. onshoring plans

25:59 • 42sec

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Hiring and growth for Magrathea

26:40 • 2min

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Sidebar bounty: real-time sidebar project

Glass Sidebar demo and features

31:43 • 4min

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Bounty process and judging rules

35:18 • 1min

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Personal notes: health and GLP-1s

36:46 • 2min

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Cerebras IPO repricing and compute deals

39:15 • 4min

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Risks around compute commitments

43:11 • 6min

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OpenAI Deployment Company explained

49:07 • 5min

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Anthropic's parallel PE effort

53:41 • 3min

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OpenClaw decline and agent competition

56:25 • 6min

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Agent clients and connectors race

01:02:10 • 2min

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TikTok's ad-free trial and regulation

01:04:32 • 5min

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Sports and personal updates

01:09:10 • 2min

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Off-duty recommendations: fiction and history

01:11:24 • 5min

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States' rights and policy reflections

• Mentioned in 20 episodes

There Is No Anti-Memetics Division

QNTM

#20284

• Mentioned in 3 episodes

Fall of Civilizations

Paul Cooper

Paul Cooper's 'Fall of Civilizations' delves into the stories of great empires like Sumeria, Assyria, Rome, and others, examining their ascension to power and eventual collapse. The book offers a comprehensive view of historical events, weaving together archaeological findings and contemporary perspectives to highlight the complex factors leading to the downfall of these civilizations. It serves as a cautionary tale for modern societies, emphasizing the importance of sustainable practices and resilience.

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 decline of OpenClaw, TikTok's new £3.99 ad-free tier, more entries in the live-show sidebar bounty, and had time for a little Off Duty before signing off.

Guest Links:

Ori Goshen on LinkedIn

AI21

Alex Grant on LinkedIn

Magrathea Metals

Timestamps:

0:00 Ori Goshen, CEO of AI21 joins the show

1:20 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at https://Plaud.ai/twist and use code TWIST for 10% off!

5:14 Why enterprises care about token cost optimization

6:01 Jamba as open-weight; Maestro as proprietary orchestration

10:08 LinkedIn Jobs - Hire right, the first time. Post your first job and get $100 off towards your job post at https://LinkedIn.com/twist

12:56 AI21 customer roster: FNAC, US tech giants, Israeli companies

19:01 Alex Grant, CEO of Magrathea Metals joins to discuss pulling magnesium from seawater

20:03 Live video of the Oakland pilot electrolyzer

20:10 Deel - Founders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, get visas handled fast, and get back to building. Visit https://deel.com/twist to learn more.

22:01 Magnesium as a "gateway metal" for aluminum, defense, aerospace

23:20 TETRA joint venture & the Evergreen Project in Arkansas

23:38 Series A close, JV economics: $3,000/ton vs. $7,000/ton market

29:10 Sidebar bounty update: Glass Sidebar (Oliver Choy) demo

30:47 Netsuite - Get the free business guide Demystifying AI at https://netsuite.com/twist

31:47 Sidebar bounty update: Sidecast (Patrick Hughes) demo

36:09 Reducing scope to "real-time fact checker only" for final round

37:24 Ro.co: Ro's insurance checker will let you know if your coverage includes GLP-1s for FREE. Go to https://Ro.co/Twist for your free insurance check.

39:07 Cerebras IPO: $115–$125 → $150–$160 per share

44:19 Will OpenAI's compute commitments to Cerebras actually get funded?

49:19 Fervo Energy IPO — venture-backed geothermal company going public

49:40 OpenAI Deployment Company + Tomoro acquisition explained

53:51 Anthropic's parallel $1.5B PE joint venture with Blackstone & Goldman

56:05 Why Jason thinks these PE spinouts are convoluted financial engineering

56:40 OpenClaw's decline + competition from Cowork, Perplexity, Grok

1:04:22 TikTok's £3.99 ad-free subscription launches in the UK

1:09:09 Knicks sweep 76ers — Jason's playoff predictions

1:11:24 Off-duty: "There Is No Antimemetics Division" by qntm

1:13:25 Off-duty: Fall of Civilizations podcast by Paul Cooper

1:16:37 States' rights, federalism, housing supply & closing thoughts