General Obligation

i'm hungry

[General Obligation @gen_obligation]

If you're going to Anthropic's investor day next week, or are otherwise seeking an allo, what's your highest bid on valuation?

[General Obligation @gen_obligation]

can't spell sama without masa

[Financial Times @FT]

SoftBank seeks $100bn from Gulf investors to expand AI bet https://t.co/45CJ1EtyWu

[General Obligation @gen_obligation]

@ShanuMathew93 K-shaped stock market

[General Obligation @gen_obligation]

@TechFundies It was just the Ant numbers that looked a little rosy to me. OAI numbers are on target... I think OAI could flip Ant end of year in gross rev...but OAI will need to push out model upgrades in the next month to reclaim momentum among power users

https://t.co/UkR8V0TpUo

[tradfi news @tradfi]

*OPENAI EXPECTS $70B IN ANNUALIZED REVENUE BY END OF 2026

[General Obligation @gen_obligation]

Mayyyybe. Price pressures are heavy though. Remember that Ant is cutting prices across the board. Opus 5.5 - slashed 20% from the prior version. Sonnet 5.5 - effective 20% price cut. Haiku 5.5 - now 100x cheaper than Fable, 40x cheaper than Opus and 20x cheaper than Sonnet. Could also see cannibalization by Haiku.

[General Obligation @gen_obligation]

@DratchCap you had it right the first time! gross rev for both Ant and OAI

[General Obligation @gen_obligation]

everything is fine, right?

[zerohedge @zerohedge]

Firmus pulled its IPO because it seriously thought someone will buy its EV+1/EBIT+2 "valuation" metric

-> Enterprise value based on debt in one year (lower of course), divided by projected EBIT in 2 years (higher of course).

No, really

[General Obligation @gen_obligation]

just realized that Venture Capital and Vibe Coder have the same initials. nominative determinism at its finest

[General Obligation @gen_obligation]

tired: USG bailing out AI labs
wired: SpaceX bailing out USG

[Elon Musk @elonmusk]

This will sound super crazy, but I see a path to SpaceX being worth orders of magnitude more than the current Earth economy

[Pope Leo XIV @Pontifex]

Intelligence must draw on memory. The mind must not simply compile data — as an algorithm now does more quickly than we can — but recall lived experiences, which contain depths of meaning that only the human soul can recognize, and connect more deeply with the goodness of these experiences. Everything that is good begins “with the Spirit” and thus possesses a breath, a dynamism and a sense of communion that, once experienced, are engraved upon the heart. https://t.co/Ij21tkb3qT

[General Obligation @gen_obligation]

@full_kelly_ @OddDiligence I don't think they're toast per se, only that their growth forecasts were too optimistic for a company trying to secure the biggest IPO of all time. overall vibes and conditions don't seem very promising for that right now

[General Obligation @gen_obligation]

Since TickerTrends just became the world's most vindicated data source, can we now all agree that Ant's revenue has been flatlining?

https://t.co/A4DolQJhQ0

[TickerTrends 🔬 @tickerplus]

OpenAI ARR Tracking Reaches $50.44B

[General Obligation @gen_obligation]

@SammyKoppelman when they realized there was no A nor R no R in their ARRs, they rebranded to "annual run rate" aka peak daily revenue * 365

[TickerTrends 🔬 @tickerplus]

On September 29, OpenAI was reported to be nearing $70B in annualized revenue.

Our tracking showed $50.44B at the time, well below that figure.

Today, the Financial Times reports OpenAI told investors it was approaching $50B in September.

Note: https://t.co/5JSNasOIuY

[General Obligation @gen_obligation]

@andrksl @negligible_cap that's ok, I couldn't believe it either

[General Obligation @gen_obligation]

the world: so Dario, are you really gonna go public at $2T this year?

Dario: 🎶 can I make it annnymore obbbvious 🎶

[zerohedge @zerohedge]

And scene

*NVIDIA-BACKED FIRMUS SET TO POSTPONE AUSTRALIA IPO

[General Obligation @gen_obligation]

@andrksl @negligible_cap OAI is looking to raise again at $1.4T. Which Masa is obviously gonna unload many more billions into

https://t.co/Qf4xN8vom7