China’s REM export controls, Anduril’s Eagle Eye AI helmet, Zepto raises $450M
It’s day 21 of the government shutdown. The pod’s true fans were there when Maya told everyone to put money on the Kalshi 15+ days shutdown market two weeks ago.If you still haven’t made a Kalshi account, you’re probably not a true fan, but on the upside, if you do it now, Kalshi is giving Get the Check listeners $40 after they trade 100 contracts if you use this link:https://kalshi.com/r/getthecheckThe hosts start by talking about China’s new rare earth mineral export controls. They added another five to the list, so there are 12 now if you’re keeping track like we are. Everyone’s always talking about how cooked the US is if we don’t have rare earths, but the hosts also dive into the history of the market and how China was able to monopolize it. TLDR: we basically let them, but hindsight is always 20/20 (and some people’s foresight is also 20/20, like Maya with the Kalshi markets). The US is now partnering with other countries, and we’re even willing to go Down Under and start a $700M fund with Australia to get our hands on these minerals.Next, the show takes a sci-fi turn with the Anduril EagleEye glasses. The last time the military tried AR/VR glasses, soldiers performed worse with them on, but now there’s a take two, with Microsoft in the backseat and Anduril leading. The goal of EagleEye is to create a digital map of the battlefield so that soldiers get information from other soldiers’ feeds, drones, sensors, and more.Taking a quick intermission to ask you to rate us on Spotify and give us a thumbs up on YouTube. It helps our profitability, which is hanging on by a thread, much like Zepto’s…Zepto is GoPuff for India, and they just raised $450M at a $7B valuation. Speaking of India, Happy Diwali y’all! In India, people go to the grocery store four times more frequently, so Zepto introduced 10 minute delivery, which is the only way delivery can be even quicker than walking a few blocks. They own the full stack of delivery, unlike other apps that deliver goods from third parties like grocery stores. Tune in to find out if Zepto will “Get the Check.”00:00 Kalshi government shutdown market 02:47 China’s rare earth mineral export controls16:45 Anduril's EagleEye AI helmet 35:14 Zepto raises $450M for delivery in India
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