Valve Takes On Consoles And VR

Nov 13, 2025 21m

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Episode Description

Valve is taking on gaming consoles and creating a new type of VR headset, all at the same time. GPT-5 gets “warmer.” Cursor’s new raise means it has 10x’d its valuation in the span of a year. And we’re one step closer to your phone completely replacing your wallet. Valve brings back Steam Machine and Steam Controller — hands-on with Valve's new AMD-based living room gaming hardware (Tom's Hardware) The Steam Frame is a surprising new twist on VR (The Verge) Microsoft to Use OpenAI’s Custom Chip Work to Help In-House Effort (Bloomberg) OpenAI says the brand-new GPT-5.1 is ‘warmer’ and has more ‘personality’ options (The Verge) The AI Coding Startup Favored by Tech CEOs Is Now Worth $29.3 Billion (WSJ) Apple launches Digital ID, a way to carry your passport on your phone for use at TSA checkpoints (TechCrunch) Learn more about your ad choices. Visit megaphone.fm/adchoices

AI-Generated Summary

Valve's Entry into Gaming Consoles and VR Headsets

Valve is intensifying its challenge to the console gaming market with the introduction of the Steam Machine. This cube-shaped gaming PC includes a powerful AMD CPU and GPU, allowing it to support high-quality 4K gaming. Alongside this, Valve is developing the Steam Frame, a VR headset that streams games directly from a PC, promising a seamless experience without reliance on Wi-Fi, using a proprietary streaming dongle.

The Latest from OpenAI and GPT-5

OpenAI has rolled out new models, GPT-5.1 instant and GPT-5.1 thinking, designed to enhance user interactions. The former is crafted to be warmer and more conversational, while the latter is focused on improved efficiency and understanding. These models will be available to ChatGPT users, and older models will remain in the system for a limited time.

Cursor's Impressive Valuation Surge

AI coding startup Cursor has achieved a staggering valuation of $29.3 billion, dramatically increasing from $9.9 billion just months prior. The funding was co-led by major players and reflects an increasing interest in building AI solutions that can stand independently in a competitive market.

Microsoft's In-House Chip Development with OpenAI

Microsoft is leveraging its partnership with OpenAI to enhance its chip development capabilities. CEO Satya Nadella confirmed that OpenAI's custom AI chip work will aid Microsoft in building its own in-house chips, aiming to extend its competitive edge in the cloud space and with AI integrations.

Apple's Digital ID Integration into Apple Wallet

Apple has launched a new feature allowing users to store their passports digitally in Apple Wallet, usable at TSA checkpoints across many U.S. airports. This initiative marks a significant step towards a more digital lifestyle, although users are still advised to carry physical IDs for the time being.