Nathan Benaich

Things Nathan Says on Podcasts

General Partner of Air Street Capital, author of State of AI Report, Spinout.fyi, RAAIS and London.ai.

Where to Find Them

Nathan Benaich hosts and writes Air Street Press and writes State of AI newsletter . They have also been a guest on The Gradient (5 times) , TBPN (3 times) , The MAD Podcast with Matt Turck (3 times) , Newcomer Pod , Decoder with Nilay Patel and The Peel with Turner Novak . They also write for Paris.AI meetup newsletter, NYC.AI meetup newsletter, SF.AI meetup newsletter, Boston.AI meetup newsletter, Munich.AI meetup newsletter, Berlin.AI meetup newsletter, Barcelona.AI meetup newsletter, benaich.substack.com and Zurich.AI meetup newsletter on Substack.

Recently: “State of AI 2026: The Biggest Stories of the Year (and AGI in 2027?) | Nathan Benaich” on The MAD Podcast with Matt Turck (October 2026); “Join us 10/27 in NYC for the State of AI 2026 meetup” on Air Street Press (October 2026); “Crypto Going "Bunker Mode", The Mathpocalypse, Starbucks Explores Chipotle Takeover | Rebecca Kaden & Michael Mignano, Nathan Benaich, Michael Sindicich & Healey Cypher, Moritz Stephan, Anastasios Angelopoulos, Zach Yadegari” on TBPN (October 2026); “The State of AI Report 2026” on State of AI newsletter (October 2026); “The State of AI Report 2026” on Air Street Press (October 2026); “Join us for the State of AI Report 2026 launch meetups” on Air Street Press (September 2026).

What They Said

“It's a bit like national airlines. So countries will buy planes from Airbus and Boeing and then slap their logo on it. It doesn't make it like yours. It's still someone else's airplane.” — Nathan Benaich, The MAD Podcast with Matt Turck

Matt Turck asked whether "sovereign AI" has teeth, as Nvidia's Jensen Huang toured European capitals. Benaich, author of the annual State of AI report, argues that buying the same chips and models as everyone else doesn't make a country's AI its own.

The MAD Podcast with Matt Turck · 2026-10-29 Permalink → Listen →
The MAD Podcast with Matt Turck Around 23:57 into the episode
Nathan Benaich

…Same with Japan, but getting in there is difficult. Korean data residency, Korean language. So it's like, okay, cool, you want data residency, but now we offer you the data center to go run your technology in. And we can profit from that because it's our local companies that provide that service.

Matt Turck

…sovereign AI, which is, you know, I'm asking the question at a time when Jensen just did a charm offensive and investing offensive across Europe. He was in Paris, he was in London, he was in Berlin for GTC just yesterday or a couple of days ago. But from your perspective, that doesn't have teeth.

Nathan Benaich

I just, it's a bit like national airlines. So countries will buy planes from Airbus and Boeing and then slap their logo on it. It doesn't make it like yours. It's still someone else's airplane.

Matt Turck

But open source could be, if you believe that open source is going to remain within reasonable earshot of closed source models, maybe there's hope there.

Nathan Benaich

Yeah, but then they're Chinese. So you have another, you have another. It

Matt Turck

could be American. It's a reflection. But they're not Frontier. None of the

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

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