OpenAI hits $20B ARR while Sequoia breaks VC law
๐4 min read
๐ธ Sequoia Says "Screw It" and Backs Every AI Company
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Sequoia Capital just joined Anthropic's $25 BILLION funding round at a $350B valuation - while ALREADY invested in OpenAI and xAI. Microsoft and Nvidia are dropping $15B combined because why not??
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VCs just admitted the AI race is too big for their cute little "portfolio conflict" rules. It's giving "I'll date everyone and let God sort it out" energy. (source)
๐ OpenAI Makes $20B/Year, Basically Prints Money
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OpenAI's revenue hit $20 BILLION annually - that's 10X growth from $2B in 2023. Their secret?? They hoarded compute from multiple providers like it's toilet paper in 2020.
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Compute is the new oil and OpenAI just became Saudi Arabia. Whoever controls the GPUs controls the universe (and apparently the money printer). (source)
๐ IMF: "AI Is Literally Saving the Global Economy"
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The IMF upgraded global growth to 3.3% and says AI could boost it by 0.8 points annually. Translation: AI infrastructure spending is the only thing between us and recession.
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The entire world economy is now a meme stock riding on whether ChatGPT can actually make PowerPoints faster. No pressure!! (source)
๐ฌ ChatGPT Goes Freemium at $8/Month (With Ads Coming)
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OpenAI launched "ChatGPT Go" at $8/month with image creation and file uploads. Oh, and they're adding ADS to free/Go tiers soon. Because nothing says "superintelligence" like sponsored content.
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AI is getting the YouTube treatment - watch this ad about mattresses before we help you solve climate change :) (source)
๐ฅ OpenAI Drops Elon's Private Journals Like a Diss Track
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OpenAI just published Elon's 2017 journal entries showing he AGREED they needed to go for-profit. Plot twist: He quit when they wouldn't give him full control or merge with Tesla. He gave them "0% chance" without him. Oops.
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The pettiness level is ASTRONOMICAL. These billionaires are beefing over AGI control like it's high school drama but with nuclear consequences. (source)
๐ฑ Threads Beats X in Mobile Users (X Still Wins on Desktop Tho)
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Meta's Threads hit 141.5 million daily mobile users vs X's 125 million. But X dominates web with 145M daily visits while Threads has... 8.5 million. That's rough.
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Turns out people prefer doomscrolling on Meta's AI-powered echo chamber over Elon's. The revolution will be thumb-typed, apparently. (source)
๐ Space Investment Hits $12.4B Because Earth Is So Last Year
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Global space tech investment jumped 48% to $12.4 BILLION in 2025. The U.S. dropped $7.3B mostly on defense because of course they did. SpaceX IPO rumors are making VCs salivate.
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Space + AI = the new gold rush. We're literally yeeting AI into orbit because Earth's data centers aren't enough anymore. (source)
๐ฅ TechCrunch Winner Gets FDA Approval, Actually Helps People
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Biotics AI got FDA clearance for detecting fetal abnormalities in ultrasounds. Trained on 11,000 diverse scans to address the U.S.'s terrible prenatal outcomes, especially for Black women.
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FINALLYYYY, AI doing something useful instead of generating cursed Shrek images. This could literally save lives (wild concept, right??). (source)
๐ Wikipedia Becomes AI's Official Drug Dealer
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Amazon, Meta, Microsoft, Mistral AI, and Perplexity are now "Wikimedia Enterprise partners" - aka they're using Wikipedia to train their LLMs. Wikipedia serves 15 billion page views monthly.
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Turns out human-curated knowledge is AI's secret sauce. Every chatbot is basically Wikipedia with a personality disorder and venture funding. (source)
๐ค South Korea + Italy Team Up for AI Chips (Random But OK)
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Presidents Lee and Meloni signed an MOU for semiconductor cooperation during Italy's first state visit to South Korea in 19 years. They're covering AI chips, critical minerals, and aerospace.
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Countries are forming AI alliances like it's Risk but with semiconductors. The geopolitics are getting spicy!! (source)
๐๏ธ Saudi Arabia Outsources Vision 2030, Bets Everything on AI
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Saudi's handing entire project scopes to private companies for its $925 BILLION transformation. Non-oil economy now makes up 55% of GDP thanks to AI/tech investments.
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Even oil giants know fossil fuels are sooo 2024. When Saudi Arabia pivots to AI, you know the vibe shift is real. (source)