In this podcast, Michael Mignano chats with M.G. Siegler about the vibrant tech scene in London, especially in the realm of AI, and the current landscape of venture capital. Recently departed from GV, Siegler shares his perspective on the evolving VC dynamics, highlighting a potential crisis with over-funded late-stage companies that lack clear exit strategies, all while the AI sector continues to thrive. They delve into the challenges facing mergers and acquisitions amid heightened regulatory scrutiny, the influence of smaller funds, and the promising future of AI across various industries, including consumer markets and innovative business models. The conversation also explores Apple's strategy in AI and its possible acquisitions in this rapidly changing field.