Shreyans Nahar
1.3K posts

Shreyans Nahar
@kshreyansnahar
Founder & CEO — https://t.co/75ZoKXNXIh




This was the first investment from my fund so this feels special. @RocketlaneHQ Congrats @srikrishnang and the team on this exciting milestone! 🚀 techcrunch.com/2024/06/25/roc…






To replicate marketplaces like $DASH or $AXP you need to replicate the demand and supply side. AI apps will do the demand side work for you, so to compete w DoorDash you just need to build the driver and restaurant network. The biggest competitor will likely be direct restaurant delivery vs using DoorDash. Alap here, coauthor of the piece w @Citrini7. Imagine in October you can just prompt ChatGPT to re-order your favorite tan-tan noodles from your local ramen joint. The AI can price shop across DoorDash, Uber Eats, Grubhub and Instacart and directly to the restaurants site, choosing which ever offers the lowest price. As AI companies start driving real volume to restaurants, they will start offering a demand auction that each restaurant and delivery app can tap into. Today DoorDash takes 25% of the total order, charging both the customer and restaurant. So instead the ChatGPT agent could transact with the restaurant's bid, with ChatGPT taking a 7% cut, restaurant only paying 7% (vs typical 15%) and the consumer saving 11% vs buying through DoorDash. ChatGPT could run a second auction with delivery drivers for fulfillment. This works when AI apps have sufficient volume of orders, which is likely a 2027 event. Though Joe I do think this also partially answers your second question. As AI apps scale these auctions, they will build network effects in the same way Google did with adwords. Perplexity's auctions will have a lot fewer restaurant participants compared to Gemini and ChatGPT.

Tech Mahindra launches 8-billion parameter Hindi-first education LLM at AI Impact Summit This makes it the fifth LLM from an Indian company this week, as part of the India AI mission. So far we have Sarvam Gnani Bharatgen Fractal Tech Mahindra moneycontrol.com/artificial-int…

She purchased a Commercially available Unitree Go2 Robot online And presenting it as her own innovation in India AI Impact summit in Delhi Next level fraud is going on, on national stage, without any hesitation 😭










