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Benchmark

@benchmark

Benchmark focuses on early-stage venture investing in consumer, marketplaces, open-source, AI, infrastructure, and enterprise software.

Katılım Haziran 2009
495 Takip Edilen126.3K Takipçiler
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Chetan Puttagunta
Chetan Puttagunta@chetanp·
Congratulations to the entire Cursor team! Truly a remarkable team, product, and company. It was an extraordinary privilege for us at Benchmark to have invested in this incredible company. There is no doubt that they will continue to shape the future of AI with SpaceX!
SpaceX@SpaceX

SpaceX has exercised the option to acquire @cursor_ai in an all-stock transaction with the goal of building the world’s most useful AI models. For the past few months, SpaceXAI has been jointly training a model with Cursor, which will be released in Cursor and Grok Build soon. We look forward to working closely with the Cursor team to advance our frontier AI capabilities

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Sierra
Sierra@SierraPlatform·
Government and healthcare are two parts of the economy where productivity has slipped, and AI can help turn that around. @btaylor on Sierra being certified FedRAMP High so federal agencies can build better experiences for the people using their services.
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Max Junestrand
Max Junestrand@MaxJunestrand·
Yesterday I joined @CNBC Squawk Box Europe to talk about what's really happening in the legal industry right now. This isn't disruption in the traditional sense. It's expansion. With our technology, more legal services are being done, not fewer. But the way they're delivered is changing fundamentally. We're seeing our clients hire more lawyers. Organizations are rethinking how they price themselves, how they staff matters, and what it means to do great legal work. @WeAreLegora exists at the center of that shift. Our EMEA expansion across Madrid, Paris and Italy reflects this growth in demand, and our conviction that the teams moving now are the ones that will define what the furure of legal work looks like. Thanks to CNBC for having me.
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Yash Patil
Yash Patil@ypatil125·
Brendan has one of the clearest views of how AI will shape labor economics, where the frontier is going, and how enterprises are adapting to the changing landscape. Was awesome to have him in the office for a conversation. We are big fans of @mercor_ai!
Applied Compute@appliedcompute

After working with both frontier labs and enterprises across industries, @mercor_ai CEO @BrendanFoody joined our CEO @ypatil125 to discuss why proprietary data and custom models are what keep a company competitive at the frontier.

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Sierra
Sierra@SierraPlatform·
The biggest opportunity in AI isn't building models. It's being the person who understands the business problem and the tech well enough to connect them. More from @btaylor and @Rivian CEO @RJScaringe on @CNN: cnn.com/The1on1
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Max Junestrand
Max Junestrand@MaxJunestrand·
Today, I'm excited to announce that @WeAreLegora has acquired Cadastral. Cadastral is an AI agent platform built specifically for commercial real estate, trusted by JLL, AvalonBay, Equity Residential, and Empire State Realty Trust. In just over a year, they've signed 50+ firms and grown revenues by 40% per month on average. Why CRE? Because it may be the most legally intensive industry on earth. Acquisitions. Leases. Refinancings. Disputes. Every deal produces a wall of documents that demands precision. Legal teams here have never had AI built for them, until Cadastral. Co-founders Abe Somani and Aman Dhesi and their NYC engineering team are joining Legora, and planting the flag for our first major US engineering hub. We're building toward 200+ people in New York and 300+ across North America by end of 2026. This is our fourth acquisition this year. The thesis is consistent: Legora is an agentic operating system for legal work wherever that work happens. Law firms. In-house teams. And now the industries that create the most complex legal work in the world. CRE is next. It won't be the last. Welcome, Abe, Aman, and the Cadastral team. Full story: legora.com/newsroom/legor…
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Bret Taylor
Bret Taylor@btaylor·
Sierra just hit $200M in ARR. It took seven quarters to get to $100M, and only two more quarters to add our next $100M. Proud of the team and very grateful to our customers and partners.
Bret Taylor@btaylor

Sierra just hit $100M in ARR, just seven quarters since we launched in February 2024. @claybavor and I are very grateful to our customers and proud of the Sierra team, who has redefined the meaning of intensity and craftsmanship. I have never had this much fun in my career. (Photo is Clay signing the contract that crossed the $100M mark) sierra.ai/blog/100m-arr

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Eric Vishria
Eric Vishria@ericvishria·
Another decade long journey! @s2o and @hungryblank started Contentful in Berlin but always had global ambitions. In 2016, they started building out GTM in SF. In 2019 they brought on @sm_sloan to lead scaling from 10s of ARR to nearly 200. And then 2 years ago, they brought on @krrau who lead 6 quarters of reacceleration, transformed the product for AI and, with this, set the company up for the next decade. As always, the startup journey is full of twists and turns, and it was awesome to watch this team navigate it all.
Salesforce@salesforce

We have signed a definitive agreement to acquire @Contentful, a leading headless and composable content platform. 🚀 Upon close, we’ll enhance Agentforce with a native, enterprise-grade content layer – helping customers dynamically orchestrate and deliver personalized experiences across every channel. Learn more: sforce.co/49Aiktb

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Decart
Decart@DecartAI·
A great live conversation with @tbpn. Our CEO @DLeitersdorf joined @johncoogan and @jordihays following our latest funding round to talk about Decart, realtime AI, and what it takes to build the infrastructure behind the next generation of models. Thanks for having us!
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Decart
Decart@DecartAI·
A big week for Decart. Our $300M Series B marks a major step in scaling Realtime AI and infra, and bringing frontier world models into production. Thank you to everyone supporting us. We’re just getting started. @Nasdaq @NYSE
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Andrew Feldman
Andrew Feldman@andrewdfeldman·
.@cerebras is now running Kimi K2.6 - the leading trillion parameter open source model - at ~1000 tokens per second in enterprise trials. 6.7x faster than the next-fastest GPU cloud. 10x faster than Claude Opus. 3x faster than Gemini Flash 3.5 (Google’s latest fast model). A coding task that typically takes 3 minutes finishes in under 6 seconds on Cerebras. This is what wafer scale was built for.
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Fireworks AI
Fireworks AI@FireworksAI_HQ·
The @cursor_ai team shipped Composer 2 and now Composer 2.5 on the same Kimi K2.5 base model. Performance benchmarks are📈. Frontier quality and open-source economics. 85% of the compute powering these gains came from RL. Fireworks powers the RL rollouts. Learn more about rollouts here: fireworks.ai/training-rl-ro…
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Cursor@cursor_ai

Introducing Composer 2.5, our most powerful model yet. It's more intelligent, better at sustained work on long-running tasks, and more reliable at following complex instructions. For the next week, we’re doubling the included usage of the model.

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Eric Vishria
Eric Vishria@ericvishria·
I’m so fucking proud of this team. They took an extraordinarily difficult technical swing with wafer-scale and connected on the first try. Then they spent years grinding through packaging, cooling, compilers, frameworks, early customers, and everything else required to turn a technical breakthrough into a real company — swinging and missing and learning and trying again. Most importantly, they stayed clear-eyed about what they had (a technical marvel) and what they didn’t (enough advantage in training), saw the opportunity emerging in inference, and adapted. That kind of persistence — not to be confused with stubbornness — is incredibly hard to describe, but absolutely essential in the unstable substrate of AI. The requirements of AI today will not be the requirements of AI tomorrow. But this team will keep figuring it out. And I’m here for it.
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Everett Randle
Everett Randle@EverettRandle·
I constantly feel both proud & fortunate to work with Eric; he represents the type of partner we all aspire to be to entrepreneurs (in good times and bad), and no one deserves today more than him, @andrewdfeldman, and the whole Cerebras team. Just the beginning!
Eric Vishria@ericvishria

.@benchmark co-lead the initial round for Cerebras 10 years ago. Over the following 5 years, the team amazed, delivering the technological marvel of a wafer-scale chip, the system to heat and cool it, and more recently the software layer that allows giant fleets of Cerebras systems to work together for very large MoE models. But even more impressive, is they just never fucking quit, despite kissing death like 3 times, getting made fun of for unusual early customers, and getting passed over by virtually every respected semi investor (who have all converted now). The team knew, IF they could stay alive, it was just a matter of time…. In tech, speed ultimately wins, and nothing is close to as fast as Cerebras.

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