DIVERGING AI BETS DETAIL TWO-LANE FUTURE

Summary from the TLDR Founders newsletter

Tech is spending $80 billion on AI infrastructure while skeptics say we're building another dot-com bubble. Who's winning? OpenAI doubled to $10 billion ARR in a year. Anthropic tripled to $3 billion. Random startups are hitting $100 million ARR in months. The median AI startup hits $2 million revenue in year one - that used to take years. Yes, Apple says LLMs still suck at reasoning. Yes, we might overbuild data centers. However, when the richest companies on Earth are footing the bill, their losses mean cheaper compute for everyone else.