Rory O'Driscoll

Oracle got this great pass until it didn't.

CoreWeave gets apparently an entire pass.

OpenAI does.

Meta doesn't.

I can't keep up with who gets the gross margin pass.

All I know is we learned in Palantir some folks deserve the pass, and then we're going to find out some don't deserve a gross margin pass.

I don't know.

Not Anthropic, right?

Yeah, sorry, Casa.

Well, maybe.

I think all of us need to be hyper aware of in 26 and 27 is massive convergence of categories.

It's not just the old days of seven years later, Datadog would decide to compete with PagerDuty, which certainly hurt them.

That's how we grew up.

Like a couple of years would go by, you know, all of a sudden now, you know, Brex is competing with its partners rather than partnering.

That's the old school.

AI is creating convergence where the same products can do more things.

I'll give you an example and then I'll talk about Cursor because you asked.

It's already happened in e-commerce, which I can see, which is that marketing, sales and support have already converged.

This last week too, Andrew Bilecki, the CEO of Klaviyo brought on the ex-co-CEO of Workday to run most of Klaviyo, right?

Which is at 1.3 billion growing 30% because the entire world of e-commerce software has changed.