Amir Efrati

GPT-5 is good. But model performance gains are still slower than in past years and this year has been a technically challenging one for OpenAI researchers. The inside story here...

theinformation.com/articles/micro… @KevKubernetes

Is PowerBI, the Microsoft app used by tens of millions of people, going to survive the AI era?

theinformation.com/newsletters/th… @AmyDMarcus

Ex Stanford president Marc Tessier-Lavigne, who resigned in a scandal broken by @tab_delete, is very much back in the limelight as a biotech founder who is pumped up about AI

I wrote about crypto’s arrival and influence in DC -- through the lens of a building on 11th and F street, less than a mile away from the White House, that has become a de facto crypto command center in Washington. 1/ theinformation.com/articles/insid…

@ai_hyperbull ok

@amir I feel that its equivalent to owning the Atlantic ocean in 1491.

🧮Elon Musk is asking investors to pay a $1 trillion ~premium~ for SpaceX shares. i.e. IPO investors will pay $1T above the valuation they'd get by attaching prevailing stock market multiples to SpaceX financials.

@ClausMller17 everyone entitled to their opinion

@amir No, he is aksing for 1,70 trillion premium for what is at max a 50 billion cash-burning company.

@ai_hyperbull not sure what you mean?

@amir Don't try to put a value on something we can't even fully see yet...

@amir There is no longer such a thing as project cash flow–based valuation; you are buying a piece of Elon, and that is what people are valuing

@matt_slotnick It lines up. The average arr you pointed out is accurate. If you started year at 20b, ended February at ~25b, you’d have a flattish march.

@amir were the quarterly rev number and ARR number from different sources? given growth rate it seems hard to reconcile that feb run rate could be $25M and recognized revenue was $5.7B ($22.8B annualized) at the high growth rate you'd expect a larger spread, no?

👀OpenAI Q1 operating margin was -122% even when excluding SBC and other items.

@retired65432 Whether silly or not, it is a factual statement. Plain and simple.

@amir That is a silly statement. You pay for something that YOU think it's worth - otherwise you are a fool. Of course, we have fools, gamblers and investors. It's the combination of all three that make up market price. Because a stock is valued at X$ does not mean the market agrees.

theinformation.com/newsletters/th… @mvpeers

theinformation.com/articles/opena… @srimuppidi

@aaronpholmes and here comes Cursor, setting GitHub core product in its sights theinformation.com/newsletters/ai…

theinformation.com/articles/micro… @aaronpholmes

GitHub revenue is smaller than many folks assumed

theinformation.com/newsletters/ai… @rocketalignment

Microsoft execs were right to be concerned about AI competitors attacking GitHub's core business: Cursor is doing it

theinformation.com/articles/anthr… @QianerLiu @aaronpholmes

how many Ai chip suppliers does Anthropic need? as many as possible how important is it for cloud providers to make in-house server chips a thing? fundamentally imperative.