In this episode of The Quantum City Initiative, we track the collision of AI, commercial real estate, and the macro forces shaping both. From California’s stalled projects to Manhattan’s rental boom, we break down the “tale of two cities” playing out in real time.

We dig into GPT-5’s launch — why it’s being called a leap toward AGI, and why hallucinations may not be gone just yet. Plus, we look at the staggering scale of AI infrastructure spending, the sectors big funds like Carlisle are betting on (and avoiding), and whether all this capital could be setting us up for an AI bubble.

Along the way, we hit everything from Uber’s robotaxi push and NASA’s lunar nuclear plans to the unexpected political momentum behind psychedelic research.

Here’s what we get into:

• California’s CRE slowdown vs. Manhattan’s rental surge
• GPT-5’s promise, limitations, and what it means for business
• AI data center spending that’s outpacing all U.S. consumer spend combined
• Where $9B in new private equity money is headed — and what it’s avoiding
• The rebound signs in commercial mortgage lending
• Uber’s robotaxi partnerships and whether you’d tip a driverless car
• NASA’s 2030 moon reactor plan — and why geopolitics may be driving it
• The surprising political revival of psychedelic research for PTSD

Don’t miss out — subscribe now and listen to the full episode to stay ahead of the trends shaping tomorrow’s cities.