Why AI Labs With Unlimited GPUs Still Fail — Anjney Midha on Culture, Mission, and Execution
Anjney Midha (AMP, formerly a16z, board member at several frontier labs) sits down with Latent Space for an hour on a question that wouldn’t have made sense in 2023: why are well-funded AI labs with all the compute they need failing to ship? His answer isn’t compute, it isn’t talent density, and it isn’t model architecture — it’s culture, mission alignment, and the boring details of execution. The diagnosis: culture, not capital Midha opens with the observation that has been circulating quietly inside frontier-lab boards for months: many of the best-funded labs of the 2024–2025 cohort have all the cash and all the compute they need and still can’t ship competitive models....