Samsung Invests $70B in AI Chips, The Cubanator Joins, Apple's Do Nothing Win AI Strategy | Mark Cuban, John Kim, Eugen Alpeza, Ari Herbert-Voss, Alex Konrad, Carl Eschenbach & Pat Grady, Jim Cantrell, Tom Hulme

March 19, 2026

AI Summary

5 min read

Samsung's $70 billion commitment to expand its semiconductor capacity, Cursor's release of a specialized coding model, Apple's growing App Store revenue from generative AI apps, and Carl Eschenbach's return to Sequoia as a partner formed the core of the discussion. The episode also touched on X's new audio features, shifts in electric vehicle plans, and smaller funding and product updates, all set against ongoing supply constraints in compute and rapid model iteration.

Samsung's capacity expansion

Samsung announced plans to invest an additional $70 billion in fabrication capacity, focusing on high-bandwidth memory and foundry services. The company already supplies HBM for Nvidia's H100 and Blackwell systems and has produced inference chips for Tesla's FSD hardware on older process nodes. With TSMC facing capacity limits and cautious capex guidance, Samsung sees an opening to capture more AI-related work. The move matters because training and inference workloads continue to strain global supply, and adding another major supplier reduces single-point risks tied to Taiwan. Tesla's use of Samsung silicon for on-car inference alongside TSMC chips for Dojo training illustrates how the ecosystem already splits workloads across foundries.

Cursor's Composer 2 model

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What you'll learn

1 (00:47) **Samsung $70B AI Chip Investment** - Overview of Samsung's major capex announcement to expand foundry capacity amid TSMC constraints
2 (09:16) **Cursor Composer 2 Launch** - New coding model release with pricing and benchmark claims
3 (27:26) **Carl Eschenbach Returns to Sequoia** - Announcement and reaction to his rejoining as partner
4 (28:47) **Apple's AI App Store Revenue** - Analysis of nearly $1B in 2025 revenue from GenAI apps despite weak Siri
5 (57:14) **Sequoia Partners Interview** - Carl Eschenbach and Pat Grady discuss return and AI-era thesis
6 (89:44) **Jim Cantrell on Space Data Centers** - Phantom Space CEO outlines orbital inference strategy
7 (105:25) **Tom Hulme GV Interview** - Managing partner on European AI talent and sovereign efforts

+ Full timestamped outline available in the app

Show Notes

(01:45) - Samsung Invests $70B in AI Chips
(09:15) - Composer 2 Available in Cursor
(17:49) - 𝕏 Timeline Reactions
(28:43) - Apple: Behind in AI, Ahead in Revenue
(40:23) - 𝕏 Timeline Reactions
(57:09) - Carl Eschenbach & Pat Grady. Carl Eschenbach, a seasoned technology executive with over 35 years of experience, has held leadership roles at VMware and Sequoia Capital before becoming co-CEO of Workday in December 2022 and sole CEO in February 2024. In his conversation, he discusses his return to Sequoia Capital, emphasizing the firm's unique position to navigate the massive technological disruptions, particularly in AI, and his personal mission to mentor and support founders during this transformative era. Pat Grady is a partner at Sequoia Capital focused on early- and growth-stage investments across software and consumer technology. He has led or supported investments in companies like Airbnb, Zoom, and DoorDash, and is known for his work with founders on scaling products and building enduring companies.
(01:29:44) - Jim Cantrell, an American entrepreneur and mechanical engineer, co-founded Phantom Space Corporation in 2019, aiming to revolutionize space transportation through mass production of rockets and satellites. He discusses his extensive experience in the automotive and aerospace industries, including his early involvement with SpaceX, where he accompanied Elon Musk to Russia to purchase rockets, an endeavor that ultimately led to the founding of SpaceX. Cantrell also highlights Phantom Space's development of the Daytona launch vehicle, designed to provide cost-effective and responsive launch services, and emphasizes the importance of vertical integration and mass manufacturing in reducing costs and increasing access to space.
(01:49:54) - Tom Hulme, Managing Partner and Head of Europe at GV (Google Ventures), discusses the firm's significant focus on AI investments, noting that 80-90% of their current activities involve AI, and emphasizes the importance of technical talent in Europe, highlighting that 35% of the world's AI researchers are based there. He also mentions the emergence of repeat founders and a "PayPal mafia" effect in Europe, citing investments in companies like Snyk and GoCardless. Additionally, Hulme underscores the UK's substantial contributions to AI research, particularly through DeepMind, and discusses the potential of new AI technologies such as world models and reinforcement learning to complement existing large language models.
(02:00:41) - Mark Cuban, born in 1958, is an American entrepreneur and investor, best known for his ownership of the Dallas Mavericks and his role on the television show "Shark Tank." In the conversation, he discusses his positive outlook on life, his information consumption habits, and his approach to handling AI-generated communica