Ludwig Ensthaler
17 Jun 2026Fable 5 Recall, EU’s AI Plan, UK Ban U16 Socials, Le Chaton Fat, Hex Sponsor etn
2:04:4116 min
Ludwig Ensthaler (468 Capital) — Europe's AI Gap, Space, Robotics & Next-Gen Compute
The 468 Capital co-founder argues Europe and Silicon Valley have 'completely decoupled' and that sovereignty requires building inference capacity across the whole chain, including energy, rather than chasing pre-training. He outlines his investment theses: space (he was an early check in Philip Johnson's space data center startup), new model architectures, robotics, photonic chips, and AI-biology. He also reflects on Rocket Internet's copycat playbook, why real successes like ElevenLabs and Lovable kick-start ecosystems, and teases the Dyson sphere anecdote from his friend's earlier appearance.