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Anjney Midha

Founder, AMP

Search every verified Anjney Midha interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Anjney Midha, founder of Amp and an early investor in Anthropic, has recently discussed the growth of the token economy and the security challenges it presents. In a September 2026 podcast appearance, he described tokens as a new unit of value streamed across the internet, predicting the token economy could reach roughly $5 trillion within five years and $10 trillion within ten. He noted that his company blocked ten times as much dollar volume in token fraud in the previous month compared to the month before, and he emphasized the need for new security measures as token value increases. Midha has also been critical of traditional venture capital, arguing that institutional firms missed the AI revolution and failed their investors. In interviews from June and August 2026, he stated that public market investors understand the math of AI businesses better than venture capitalists, citing Anthropic's model of turning a dollar of compute into ten dollars of intelligence. He also commented on Stripe's acquisition of OpenRouter, saying that a white paper he co-authored argues the deal was driven by security concerns, as OpenRouter possesses a valuable cross-model behavioral dataset for detecting rogue AI agents. He announced an ecosystem program to train angel investors, aiming to direct family office capital toward the next generation of companies.

Recent appearances

  • The $10 Trillion Token Economy — Alex Atallah, OpenRouter & Anjney Midha, AMP

    From the earliest days of open-weight models to becoming the neutral routing layer for more than 10 million developers, OpenRouter is one of the clearest bets that the future of AI will be multi-model. In this episode, OpenRouter co-founder & CEO Alex Atallah and a16z’s Anjney Midha join swyx to unpack how OpenRouter emerged from the first wave of Llama, Alpaca, Mistral, and Midjourney, why model diversity mattered before it was consensus, and how a company dismissed as “just a wrapper” became critical infrastructure for the AI ecosystem. We go deep on the product and distribution lessons beh…

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  • Anthropic Investor Blasts Traditional Venture Capital

    Early Anthropic investor Anjney Midha unloads on traditional venture capital, arguing firms failed investors by missing the AI revolution. He explains why he’s still buying Anthropic, predicts public markets will embrace frontier AI, and reveals why Stripe’s OpenRouter acquisition may really be a massive bet on securing the agentic internet. Chapters: 00:01:30 - Why Traditional VCs Failed to See the AI Opportunity 00:04:13 - How AI IPOs Could Change Startup Funding 00:05:44 - Is Venture Capital Broken? 00:08:10 - Building the Next Generation of AI Investors 00:09:22 - Why Stripe Acquir…

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  • Anthropic Investor Slams VC’s AI Miss | Open Interest 8/21/2026

    Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." AI spending hits overdrive as Broadcom eyes a massive $60 billion debt deal ahead of Nvidia earnings. Anthropic sets its sights on a potentially record-breaking IPO. Early Anthropic investor Anjney Midha unloads on traditional venture capital, arguing firms failed investors by missing the AI revolution. Plus, Critical Metals CEO Tony Sage says his company's key Greenland mining project is on track. Chapters: 00:00:00 - Open Interest 00:01:03 - Broadcom's $60B AI Bet, Anthropic IPO Race & the New Compute…

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  • AMD CEO Lisa Su Live on TBPN

    00:07:58 Oliver Cameron, co-founder and CEO of Odyssey, discusses the development of foundational world models—AI systems capable of understanding physics, causality, and human behavior—to enhance various industries, including robotics, gaming, and autonomous vehicles. He highlights the limitations of current AI systems, which are often narrowly trained, and advocates for more generalized models that can be fine-tuned for specific tasks. Cameron also emphasizes the importance of diverse data sources in training these models to ensure robustness and adaptability across different applications.…

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  • Why AI Labs With Unlimited GPUs Still Fail — Anjney Midha, AMP

    From building Discord’s developer platform and backing frontier AI companies like Anthropic, Mistral, Black Forest Labs, and Periodic Labs to now building AMP’s independent compute grid, Anjney Midha has spent years close to the real bottlenecks of AI scaling. In this episode, Anjney joins swyx at Periodic Labs to unpack why the AI race is not just about buying more GPUs, why 95% utilization would have been considered an outage at Google, and why the next era of AI infrastructure has to be more aligned, more efficient, and more responsible. We go deep on AMP’s vision for a compute grid that m…

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  • Anjney Midha, Founder of AMP PBC: Creating public value with AI | End of Limits Podcast by HUMAIN

    In this episode of the HUMAIN podcast, Yasmin Alkhowaiter sits down with Anjney Midha, Venture Partner at Andreessen Horowitz, to unpack the global race for AI dominance and what it means for the future of business, infrastructure, and society. From sovereign AI and national infrastructure to frontier agents, compute scarcity, and the future of regulation, this conversation explores how AI is reshaping economies, leadership, and the next generation of startups. If you're a founder, investor, operator, or simply curious about where AI is heading next, this episode offers a deep look into the sy…

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  • Why people are raging against AI data centers

    Alex and Ellis sit down with Anjney Midha, venture capitalist, Stanford AI lecturer, and founder of AMP, to talk about why zero-sum thinking is holding the AI industry back. They discuss what it would look like if labs actually cooperated, why compute needs to work like electricity, and what his viral Stanford class on AI has revealed about the next generation of founders. They also get into the GameStop and eBay acquisition, why data centers need something like a nutrition label, and what AI is doing to startup culture right now. Chapters: 00:00 Data center backlash cold open 00:24 Meet An…

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  • Stanford CS153 Frontier Systems | Anjney Midha from AMP PBC on Frontier Systems

    For more information about Stanford's online Artificial Intelligence programs, visit: https://stanford.io/ai Follow along with the course schedule and syllabus, visit: https://cs153.stanford.edu/ Anjney Midha opens the quarter of Stanford’s CS153 Frontier Systems by framing the course as a speaker-led “AI Coachella,” emphasizing relationships, fun, and “obsessing over what you love” as a life heuristic. He introduces his background and the course goal of real-world preparedness, then outlines the modern AI stack from capital and data centers through chips, cloud, models, applications, and…

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  • Why America Needs Its Own AI Grid -- Anjney Midha, AMP. Former GP at a16z

    Anjney Midha left his role as General Partner at a16z to build AMP, a public benefit corporation creating an independent AI grid for America. We talk about why compute access is the critical bottleneck for frontier AI, what an AI grid actually is and why it matters, the extraordinary Stanford class he's teaching with Jensen Huang, Sam Altman, Satya Nadella and more, and why America needs to move fast. Follow Anjney: https://x.com/AnjneyMidha Follow Nathan: https://x.com/NathanLands Learn more about Lore: https://lore.com

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  • The Early Days of Anthropic & How 21 of 22 VCs Rejected It | The Four Bottlenecks in AI | Anj Midha

    Anjney Midha is the founder of AMP, and a founding investor in Anthropic. Most recently, Anj was General Partner at Andreessen Horowitz, leading frontier AI investments. He serves on the boards of Mistral, Black Forest Labs, Sesame, LMArena, OpenRouter, Luma AI and Periodic Labs and is an early angel in ElevenLabs among others. Prior to that, Anj was the cofounder/CEO of Ubiquity6 (acquired by Discord) and a partner at Kleiner Perkins. ----------------------------------------------- Timestamps: 00:00 Intro 01:25 Are Scaling Laws Dead? 02:55 The Four Bottlenecks Holding AI Back 07:36 Why AI f…

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  • Sovereign AI: Geopolitical Strategy & Industrial Policy for Countries 3-193, with Anjney Midha, a16z

    Today Anjney Midha, General Partner at a16z joins The Cognitive Revolution to discuss sovereign AI and China's growing semiconductor capabilities. Check out our sponsors: Gemini CLI, Labelbox, Oracle Cloud Infrastructure, Shopify. Shownotes below brought to you by Notion AI Meeting Notes - try one month for free at https://notion.com/lp/nathan What is Sovereign AI? Varies by stakeholder - for enterprises it means controlling where AI workloads run, while for nation-states it represents both technical independence and cultural alignment with local values Semiconductor Competition with China:…

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  • An unfiltered conversation with Anjney Midha, General Partner at A16Z

    Join Nolan Fortman and Logan Kilpatrick as they sit down with legendary investor and builder Anjney Midha to chat all things AI. From foundation model progress, to evals, to how to find the next generation of AI enabled products, Anjney shares his deep insights around AI as one of the critical figures in the ecosystem. Chapters 00:00 The Evolution of AI Models and Open Source Alternatives 09:54 Discord as a Launchpad for AI Innovations 19:47 Evaluating AI Reliability and Real-World Applications 31:57 Understanding User Retention and Engagement 35:05 The Evolution of AI Product Development 41:…

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