Mira Murati's 975B Open Model, Ramin Hasani on Post-Transformer AI, and Demis' AI FINRA | EP #271
July 17, 2026
AI Summary
5 min readMira Murati's 975B Open Model, Ramin Hasani on Post-Transformer AI, and Demis' AI FINRA
The Moonshots crew—Peter Diamandis, Alex Wissner-Gross, Salim Ismail, and Dave Blundin—were joined by Ramin Hasani, co-founder and CEO of Liquid AI, for a wide-ranging conversation that moved from AI regulation to open-weight models, recursive self-improvement, and the future of on-device intelligence. The throughline was the accelerating tension between openness and control in AI development, with each story revealing a different facet of that core conflict.
The Push for AI Regulation and Its Hidden Motives
Three of the most prominent AI leaders—Sam Altman, Elon Musk, and Demis Hassabis—have all recently called for AI regulation. Hassabis went furthest, proposing a US-led frontier AI standards body modeled on FINRA, the financial industry's self-regulatory organization. The idea is that industry insiders would serve terms in a body that tests frontier models before deployment, similar to how FINRA oversees securities firms.
Continue reading the full summary in the app — free to try.
Read Full Summary →Free • No credit card required
Never miss an episode of Moonshots with Peter Diamandis
Get every new episode summarized in your inbox — free, ~5 minutes to read.
No spam. Unsubscribe anytime.
What you'll learn
- 1 (04:07) **CEOs Ask for AI Regulation** - Sam Altman, Elon Musk, and Demis Hassabis all propose regulatory frameworks for frontier AI models, with Demis specifically calling for a FINRA-like body to test models before release.
- 2 (10:05) **The FINRA Analogy's Flaws** - Panelists argue AI moves too fast for traditional bureaucracy, requiring real-time audits and open evaluation suites rather than static law.
- 3 (13:04) **The Cartel and Open Weight Elephant** - Alex warns that FINRA-like regulation could become a cartel of frontier labs that boxes out open weight models and university research.
- 4 (20:06) **White House Weighs Capability Ceiling on Open Models** - A leaked proposal ties US open release ceilings to China's pace of release, creating perverse incentives.
- 5 (26:15) **Mira Murati Ships Inkling: A 975B Open Weight Model** - Former OpenAI CTO's startup, Thinking Machine Labs, releases a Mixture of Experts model with 975B total parameters, firing only 41B at a time.
- 6 (32:05) **The Business of Fine-Tuning vs. Generalist Models** - Ramin argues Thinking Machine's genius is leaving room for fine-tuning, creating a lucrative API business for enterprise customization.
- 7 (43:53) **Recursive Self-Improvement: WICO's AID² System** - A startup claims experimental evidence for recursive self-improvement, where an outer AI agent rewrites the code and strategy for an inner AI agent.
+ Full timestamped outline available in the app
Guests on this episode
Show Notes
The mates discuss Mira Murati’s 975B Open Model, Ramin Hasani speaks on Post-Transformer AI, and Demi’s AI FINRA.
Get access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends
Peter H. Diamandis, MD, is the Founder of XPRIZE, Singularity University, ZeroG, and A360
Salim Ismail is the founder of Open ExO, a GP at Exponential Venture Capital/The Organizational Singularity Fund and a sought after global speaker and thought leader.
Dave Blundin is the founder & GP of Link Ventures
Dr. Alexander Wissner-Gross is a computer scientist and founder of Reified
Ramin Hasani is the Co-founder and CEO of Liquid AI
–
My companies:
Apply to Dave's and my new fund:https://qr.diamandis.com/linkventureslanding
Go to Blitzy to book a free demo and start building today: https://qr.diamandis.com/blitzy
Your body is incredibly good at hiding disease. Schedule a call with Fountain Life to add healthy decades to your life, and to learn more about their Memberships: https://www.fountainlife.com/peter
_
Connect with Peter:
Connect with Dave:
Connect with Salim:
Subscribe to Salim’s YouTube channel
Connect with Alex