In this episode of Get the Check, Maya and Anika kick things off debriefing some international miscommunication chaos before diving into GPT-5.6's Mythos-style rollout, the U.S.-Iran ceasefire that isn't really a ceasefire, and Baseten's massive new round.
They start with OpenAI. GPT-5.6 is out, and it's a genuinely good model, but the real story isn't the model itself, it's the government holding it back. The U.S. government is temporarily restricting access, releasing it to trusted partners first, and OpenAI is on the record saying that can't be a long-term strategy. Meanwhile Z.ai dropped GLM 5.2, and tech leaders like the CEO of Vercel are calling it shockingly good. Eric Schmidt is now saying China is only six months behind the U.S. The girls get into why that timeline matters so much: the U.S. can restrict OpenAI and Anthropic's models all it wants, but China is distilling open-source versions of American models that are just as capable and don't come with any of the safety guardrails.
Next, they get into the U.S.-Iran ceasefire and why it’s putting Trump’s power at risk. On Sunday, Iran's foreign minister declared Iran has sole authority over the Strait of Hormuz, while the U.S. started operating out of the Omani side of the Strait. It's not just the U.S. and Iran who can't agree, Iran's own government and military don't seem to be on the same page either. Trump built a brand on staying out of international wars, and now this one is dragging on, with gas prices up roughly 40% since it started and the midterms creeping closer. It's not looking great for Republicans right now. Kalshi, has midterm election markets live right now, Democrats taking the House and Senate is currently the top probability event. Sign up at kalshi.com/sign-up?referral=getthecheck and get $10 when you trade using our code.
Finally, Baseten closed a $1.5B Series F. Baseten sits on top of the hyperscalers, helping companies running inference manage and optimize GPU usage to bring costs down, which sounds simple but is an extremely hard problem. They first started mooning during the DeepSeek moment. Priya breaks down why she thinks Baseten is the next Stripe, and Maya unpacks the three reasons people actually want custom models: faster, cheaper, or smarter, and which one she thinks matters the least. They also get into the margin pressure Baseten is staring down as hyperscalers move into the space and inference costs keep dropping. Tune in to find out if the pod would give Baseten their check, and stick around for Maya's hot take at the end.
00:00 Maya and Anika are having communication issues
03:21 Explaining body mirroring and other neurodivergent tendencies
05:34 GPT 5.6 quietly rolls out
09:29 GPT 5.6 is cheating and deceiving more than any model before it
18:20 People want locally stored models
19:18 Coinbase goes viral for optimizing AI spend
19:54 Chinese models are mogging
20:44 The risk with China catching up
30:01 Republicans are looking cooked for the midterms
31:52 The SF POV on the midterm elections
35:01 Kalshi’s current midterm odds
37:14 Baseten raises $1.5B
37:26 Baseten product
39:08 Why Baseten is similar to Stripe
40:59 Competition and margins
41:53 Maya’s hot take on Baseten’s valuation
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