Emad Mostaque

Things Emad Says on Podcasts

Founder of Intelligent Internet and author of The Last Economy. Co-founded Stability AI, the company behind Stable Diffusion, and served as its CEO until March 2024. Writes on the future of society, law, personhood and governance in an age of advanced AI. Appears on Moonshots with Peter Diamandis, with other guest spots on Raoul Pal: The Journey Man, The Twenty Minute VC and Into the Impossible with Brian Keating.

Where to Find Them

Emad Mostaque hosts Moonshots with Peter Diamandis . They have also been a guest on Raoul Pal: The Journey Man (4 times) , The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch (4 times) , Into the Impossible With Brian Keating (3 times) , The Cognitive Revolution" | AI Builders, Researchers, and Live Player Analysis (3 times) , No Priors , Newcomer Pod , Gradient Dissent: Conversations on AI , Digital Disruption with Geoff Nielson , Bloomberg Tech , Odd Lots , Doom Debates! , Milk Road AI , Hard Fork (NYT) , The Logan Bartlett Show , NEW ECONOMIES and The TWIML AI Podcast .

Recently: “Anthropic’s $2T IPO, Elon Predicts Neocloud Death, and China’s Kimi Catches Up | #306” on Moonshots with Peter Diamandis (October 2026); “Flying Tesla Car, Robot Brains Halving in Cost Every 3 Weeks, and Why Incentives Decide AI Alignment | #303” on Moonshots with Peter Diamandis (October 2026); “The AI Job Shock Is Coming” on Raoul Pal: The Journey Man (October 2026); “Why Altman Says "Accept Some Bad Things Happening" and What It Means for AI Safety | MOONSHOTS #301” on Moonshots with Peter Diamandis (October 2026); “Can We Still Build AI Safely? The White House Thinks So | MOONSHOTS #298” on Moonshots with Peter Diamandis (October 2026); “Cathie Wood on Tesla-SpaceX Merger, $1M Bitcoin, More AIs Than Humans | EP #296 | Moonshots Live” on Moonshots with Peter Diamandis (September 2026).

What They Said

The hosts were arguing over the governance structure in Anthropic's IPO filing. Mostaque says the company's stated mission conflicts with a public listing, and that it has enough cash and private-market access that it never needed one.

Moonshots with Peter Diamandis · 2026-10-28 Permalink → Listen →
Moonshots with Peter Diamandis Around 1:15:47 into the episode
Emad Mostaque

Well, I mean, I think they should give a vote for each of their models on the long-term benefit trust. I'm serious. Yeah, no, I mean, I have to be

Peter Diamandis

able to do that.

Emad Mostaque

You should do that right now. Again, it's got the capability and it is kind of that mechanism. I've said previously on this podcast, Anthropic should not be a public company. If you take what they say seriously, it should not be a public company. And looking at their financials, it doubles down on that. They have over 100 billion in cash. They are able to raise another 100 billion in private markets in cash. Now is the ideal time for them to do so. But I think they won't give a damn about the share price. So

Peter Diamandis

why are they going public? I mean, they need the cash.

Speaker 2

Compute. There's no amount of compute that's enough.

Emad Mostaque

If you believe in AGI. Sorry, Gaudaman. Yeah, they don't need the cash. They raised $130 billion and they have $110 billion on the balance sheet of cash and cash equivalents. They've only spent 10 to 20 billion. They're going to raise another $100 billion. So they'll have $200 billion of cash on…

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

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