American Eagle stock is up ~80% since they launched their campaign with Sydney Sweeney less than 45 days ago. She was mentioned 13 times on their earnings call this past week. Insane!

vibecoding landing pages all converged to the same thing

Applovin, Robinhood and Emcor Group will be added to the S&P500 in the coming weeks. The previous 5 additions are: - Interactive Brokers - Block - The Trade Desk - Datadog - Coinbase

only a matter of time before Google converts Waymo into ad inventory

Devin's annualized revenue grew from $1M in Sep 2024 to $73M ARR in Jun 2025 prior to Windsurf acquisition. Less than $20M net burn across lifetime of the company too. Very impressive.

Wild stat: Anthropic and OpenAI by themselves will add ~$22B of net new runrate revenue this year. That's almost half of what the public software universe (ex MAG7) of over 100 companies will add in net new runrate revenue this year (~$46B). (via a16z)

The live translation feature in the Apple AirPods Pro 3 looks cool

Vibecoding platform Base44 was bootstrapped by solo founder Maor Shlomo to a few $M in ARR within 6 months before being acquired by Wix for $80M in June. Wix now say they expect Base44 to grow to $40-50M in ARR by the end of the year. Wild!

OpenAI’s annualized spend on Datadog this year is >$150M per Guggenheim. Coinbase was spending $65m on Datadog the year it went public, and was able to optimize it to ~$15M over the course of a year. Wonder if OpenAI does something similar.

Klarna's IPO priced at about $40 per share. In other words, four equal installments of $10 per share paid over six weeks, unless you miss their reminders in which case a late fee applies.

End customer usage is more dispersed but still wild that 39% of NVIDIA's revenue in the past quarter came from 2 (direct) customers. One customer accounted for 23% of revenue, and another for 16% of revenue.

Gartner stock is down 50% this year including 33% last month post a weak earnings with soft guidance. Management maintains that AI can be a tailwind, but seems like the market believes that LLMs makes basic software research and vendor shortlisting accessible enough to

Wow 50% of The Information's readers take GLP-1s

Jake Paul's portfolio is amazing too. OpenAI, Anduril, Ramp, Polymarket, Cognition

The two main jobs in 2030: 1. Data annotator for AI models 2. Influencer on Instagram / TikTok

Fascinating data on ChatGPT: 2.7B messages are sent to ChatGPT daily (as of July '25), up ~5.8x y/y. 27% of those messages are work related, while 73% are non-work related

Really interesting chart breaking down how ChatGPT is being used. - 28.3% practical guidance (tutoring, brainstorming, advice/self care) - 28.1% writing related - 21.3% seeking info (ie search replacement) - 7.5% technical help (coding/data/math) - 6% image creation/analysis

Marc Benioff of Salesforce on AI (via 20VC pod): • AI allowed Salesforce to cut support headcount from 9,000 to 5,000, with the remaining staff redeployed internally • Salesforce has 100m leads over its 26 yrs its not been able to call on due to people capacity. It now has AI