Jaeden Schafer

VCs are putting a ton of money into this.

Cursor is another really high profile company, which is sort of in the space, but it's more for developers.

They raised $3.2 billion in November at a $29 billion valuation.

So just like lovable, that made it the second funding round that cursor did this year.

And the valuation doubled between June and November.

So obviously this sector, this space for vibe coding, whether it's no code for non coders or for developers is growing incredibly fast and is, you know, printing a ton of money.

And I think anytime that you let people build tools that can let them generate money, they'll spend a ton of money on it.

And I think this is kind of the unlock that both Cursor and Lovable have discovered.

So exciting to follow both of these companies into the future and a huge congratulations to everyone on the Lovable team.

Thank you so much for tuning into the podcast.

If you enjoyed this episode, make sure that you go and check out AIbox.ai.

If you want to build tools, if you're not a developer, the link is in the description and I'll catch you in the next episode.

Amazon is reportedly in talks with OpenAI to invest $10 billion into the startup.

These are these kind of circular deals that we see being very popular today where essentially Amazon will invest $10 billion into OpenAI with kind of the understanding that OpenAI is going to turn around and spend those $10 billion on AWS for compute.

This is good for both companies because OpenAI gets the $10 billion investment, which is amazing for them.

And Amazon gets a chunk of the company, plus they get to mark up, you know, $10 billion in revenue to AWS when that money gets spent back.

So it's kind of the money goes both ways.

And with companies that are, you know, really heavily reliant on investors and the stock market, it's great for Amazon's stock price to say, look, we got another $10 billion.

And it's great for OpenAI to say, look, someone invested another $10 billion into our company.

It's interesting that the people investing money, though, are chip makers and anyone making hardware that OpenAI needs to buy, or data centers, people like Oracle.