Coreweave IPO, AVRide & Digg is Back! | E2093
Today’s show: Jason and Alex cover CoreWeave’s filing for a $35 billion IPO after explosive revenue growth. But with 77% of its revenue coming from just two customers, is it built to last? Meanwhile, AVRide is bringing autonomous Hyundai robotaxis to Uber in Dallas, pushing the self-driving revolution forward as Waymo scales to 200,000 weekly rides. And finally, Digg is back! Kevin Rose and Alexis Ohanian are reviving the iconic social news platform, using AI-powered moderation to tackle Reddit’s biggest challenge. Tune in as Jason and Alex break it all down!
Key Points
- CoreWeave's revenue skyrocketed from $16 million in early 2022 to over $1.9 billion in 2023, highlighting the explosive growth in the GPU cloud space.
- Uber's strategy of partnering with multiple autonomous vehicle companies like AV Ride and Waymo aims to safely and efficiently integrate self-driving technology into its platform.
- Novo Nordisk's new direct-to-consumer offering for its weight loss drug Wegovy at half the usual price exemplifies the trend towards more accessible healthcare solutions driven by innovative delivery models.
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Transcript
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