Browsers, Bots, & Blockchains

📡 Radar

🌐 OpenAI Reportedly Prepping AI Browser

OpenAI is said to be releasing its own AI-powered browser in the coming weeks, according to TechCrunch. This could mark a major push into native web search, further blurring the lines between AI models and search engines. Expect competition with Perplexity, Arc, and even Chrome to heat up. TechCrunch

📈 Anthropic Scales to 4x Revenue in 2024

Anthropic has reportedly reached a $4 billion annualized revenue pace, driven by enterprise adoption of Claude and major partnerships with Amazon and Google. The company has scaled fast, up from just $100 million in early 2023. With strong tailwinds and growing momentum, Claude is shaping up to be one of the most commercially successful AI models in the world. SeekingAlpha

⚡️ xAI Is Importing Its Own Power Plant

Elon Musk says xAI is importing a power plant to support its new data center in Memphis. The move signals just how serious xAI is about vertically integrating compute, power, and model development. Owning the energy stack could give xAI a huge advantage as demand surges. Data Center Dynamics

🧠 Perplexity Launches ‘Max’ With Claude and GPT-4

Perplexity just dropped a premium version of its AI search engine that lets users toggle between Claude, GPT-4, and Mistral. It also adds image generation and API access. The company continues to ship fast and push the frontier of AI-native browsing. Perplexity

🚨 Robinhood Pushes Boundaries With Tokenized Stocks

Robinhood is under EU investigation for offering tokenized versions of public equities, proof that tokenization is going mainstream. We are bullish on anything that brings more attention to this space and opens access to private markets. If Robinhood is leaning in, it is only a matter of time before others follow. CNBC

💬 Prompt

Ready when you are.

I need a dynamic Excel dashboard for visualizing real-time marketing campaign performance.

📣 Updates

🤝 Portfolio

We closed our second xAI investment at a $113B valuation. Our first xAI investment was in May 2024 at a $24B (post) valuation. Grab your popcorn for the AI race.

🛩️ Where We Are

Chris and Rob are both visiting friends in their our original hometowns this week. Chris is in Chicago and Rob is in D.C. On Sunday, Chris attended the Kygo concert at Ravinia with friends who had graduated on that same stage over 20 years ago.

₿ Bitcoin

Bitcoin hit an all-time highs of $118,000. It’s still early… to the moon!

🧠 Wisdom

👁️ Perspective

Would you rather have $1,000,000 or 1 penny doubled every day for 1 month? 

Exponential growth compounds rapidly. Starting with a penny ($0.01) and doubling it every day for 30 days, you’d end up with $5,368,709.12 !

🧠 Mentality

Consistency is key for mental, physical, and financial growth. Learn, execute, and do so consistently to achieve meaningful results.

📚 What We’re Reading

Hardball: Are You Playing to Play or Playing to Win? offers good perspective on the continuous quest for advantages and why it’s important to aim for decisive advantages, instead of merely marginal ones.