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Building the Physical AI Stack | Travis Kalanick on TBPN

July 23, 2026

AI Summary

5 min read

Travis Kalanick has raised $1.7 billion for his latest venture, Adams, a bet that the biggest AI opportunity isn't in software but in automating the physical world. On the a16z podcast, he walked through how the company is already deploying autonomous systems in iron ore mines in the Brazilian Amazon and phosphate mines on the Saudi-Iraq border, and why the go-to-market motion for industrial AI looks nothing like the consumer playbook he wrote at Uber.

From Consumer to Industrial: A Different Kind of Go-To-Market

Kalanick initially ran his mining, transport, and food automation efforts as separate companies. When he went to raise capital, investors told him they wanted to invest in him rather than in a single vertical. He responded by consolidating everything into a single entity called Adams. The decision was practical: "It's much easier for me. I don't know how Elon does it with all the different toys."

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What you'll learn

  • 1 (00:06) **Vision for Adams & Industrial AI** - Travis explains why he's betting his next company on physical automation, transforming industries like mining and food production one at a time.
  • 2 (03:05) **$1.7B Raise & Unifying the Companies** - Travis announces the raise and explains the strategic shift from separate subsidiaries (mining, food, transport) into a single entity called Adams.
  • 3 (07:00) **Go-to-Market in Mining** - Contrasts the consumer go-to-market of Uber with the wild, enterprise-heavy approach in mining.
  • 4 (11:21) **Scaling from Pilots to Enterprise Adoption** - Explains the inflection point where proven productivity gains (30-40% more output) create momentum and shift from pilot to fleet-wide deployment.
  • 5 (14:00) **From Lean to Muscular: Scaling the Company** - Travis describes the need to transition Pronto from a scrappy startup to a credible enterprise partner capable of meeting surging demand.
  • 6 (18:07) **The "No Entry Mine" Vision & Full Stack Ambition** - Outlines the long-term goal of a fully autonomous mine with no humans in the pit.
  • 7 (21:16) **Pitch to Young Engineers** - Travis pitches a Stanford CS grad on building science fiction in the physical world instead of taking a "laptop job."

+ Full timestamped outline available in the app

Guests on this episode

Show Notes

Travis Kalanick joins TBPN to discuss Atoms, his vision for industrial AI, and why he believes the biggest opportunities in AI lie beyond software.

He explains how Atoms is bringing autonomy to mining, logistics, and food production, why robotics will reshape physical industries, and how lower costs and greater automation could unlock entirely new economic opportunities. Travis also reflects on raising $1.7 billion, building in stealth, regulation, hiring, and what he's learned since Uber.

 

Resources

Follow Travis on X: https://x.com/travisk

Follow TBPN on X: https://x.com/tbpn

 

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