20VC: OpenAI & SpaceX S1 Drops | NVIDIA's $81BN Revenue Quarter | Cloudflare and ClickUp Do Controversial Layoffs | Exa, OpenRouter and Polsia Raise Mega Rounds | Uber and Microsoft Declare AI ROI for Developers is Questionable

I can't remember where corporate America was so convinced of the ROI of something as it is right now of AI. So Anthropic has done as much in Q1 as all of last year, and OpenAI has done 30% of what they've done last year in Q1. Within a couple of quarters, Anthropic will be visibly and obviously ahead. Profitable, growing more quickly and bigger. That's Pareto dominant out of all three vectors.

It could be the GeoCities deal of the AI era. We could look back on this. And listen, I'm I'm all I'm on T Elon, okay? But a hundred times trailing sales, we may look back and say these were some good companies, but a hundred times, my God, my God, that's worth two trillion. Renting out chips because Jensen's your buddy and you and you're a good customer.

But what you are is a more efficient core wave. I love the S1. I think it's all madness. I wouldn't buy a share. I just love the optimism.

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