Welcome to the future, Pea Ridge.

"We are living in a timeline where a [Chinese] company is keeping the original mission of OpenAI alive - truly open, frontier research that empowers all."

The below continues to play out. The market values Netflix at $45B more as of a few hours ago. The virtuous cycle continues (invest to earn engagement -> lower churn -> better cash flow -> investment -> engagement…)

This week may have been the most important week of the decade, for two totally different reasons. 🤯

Deepseek now 23% of ChatGPT daily active users. And far more daily app downloads.

Here’s the Harsh Truth About $AMD 🧐 If AI were truly diversifying hyperscaler demand beyond $NVDA, AMD’s earnings would have painted a very different picture. Instead, what we saw was another confirmation that Nvidia remains the default choice for AI infrastructure -- while

NVIDIA is expected to account for 77% of AI semiconductor wafer consumption in 2025, up from 51% in 2024.

an absolute joke of a product btw — how could you even green light releasing this? Did they roleplay OpenAI’s version (or even Gemini’s) dont exist? That or they wanted to ride the wave of the “Deep Research” hype Either way, good lord…

Crazy chart - passing of the torch $AMZN $WMT

Google $GOOG Waymo paid rides: - 50,000 rides a week 7 months ago. - 100,000 rides a week 4 months ago. - 150,000 rides a week 2 months ago - 175,000 rides three weeks ago. - 200,000 rides per week currently. Waymo has scaled 20x in less than 2 years.

Altimeter's VC net returns as of 2024

Tesla FSD in China is on Hardcore Difficulty

Just discovered a fantastic new use for Google Gemini Flash 2.0 Image Generation:

This has to be the frothiest VC market for seed and pre-seed I’ve seen in my tech lifetime (2012 - present). It’s becoming truly absurd.

Cursor round closed — $625M at $9.6B post led by Thrive & A16z. Accel is a new backer. $200M ARR, up 4x from $2.5B round in November 2024. ARR multiple constant from last round at 50x.

The WhatsApp MCP server can now send and receive images, videos, and voice notes Combine it with the new ElevenLabs MCP server to give it superpowers — using AI to transcribe the voice notes and send audio messages with 3,000+ voices

Absolutely brutal chart for $GOOG

Cloud Giants Update: AWS (Amazon): $117B run rate growing 17% YoY (last Q grew 19%) Azure (Microsoft): ~$77B run rate (estimate) growing 35% YoY (last Q grew 31%) Google Cloud (includes GSuite): $49B run rate growing 28% YoY (last Q grew 30%, neither are cc)

Amazon logistics vs USPS, UPS and FedEx in US domestic shipping.

75% of restaurant traffic is now takeout orders. Incredible. Total delivery app domination foodandwine.com/restaurant-tak…