This revenue chart is from Teradata, a software company that got disrupted by Snowflake. Its TTM revenue peaked in 2014. Snowflake called out in 2018 their cloud data warehouse delivers 100,000% cost savings against Teradata. A blog fight between the two ensued. $SNOW $TDB

I believe every SaaS company dreams one day they'll have a customer cohort growth chart similar to Service Now's one. One caveat: the annual growth rates in the chart are weirdly not compound growth. $NOW $SNOW $NET $DDOG

Github Copilot is good at C++, too. $MSFT

“We've started reversing one of the most important trends for the company and our users, which is how we're doing with young adults on Facebook in the US and Canada," said Meta CPO in the latest company all-hands. $META The chart below is from The Facebook Files leaked in 2021.

“There’s a real philosophical difference in terms of how we’re approaching this,” Zuckerberg, who, in contrast to Cook, can’t be stopped from wearing his headsets in photos, told employees at the Thursday meeting. $META $AAPL

Not sure Apple is competent enough to build the AI/ML heavy software stack before Vision Pro ships early next year. $AAPL $META Source: Alex Heath newsletter.

I'm glad Zuck believes in the stock market efficiently allocating capital. $META

Zuck gave an interesting data point in this interview while answering layoff-related questions. A manager at Meta, on average, managed between 3 and 4 (close to 3) people before the mass layoffs. That demos one of Meta's cultural traits, being data-driven. $META

@AlphaSeeker84 The computing power and storage serving Apple customers are mostly decentralized on Apple devices( iPhone, iPad, and Mac). The customers eat the hardware cost. While Meta customers are served by centralized computing power and storage in Meta's data centers. $META $AAPL

Each hyperscaler has its own winning area over others. AWS's strength is in IaaS, Azure dominates OLTA, and GCP is winning in OLAP. Azure has the most balanced revenue streams. $AMZN $GOOG $MSFT

Amazon hopped on to the generative AI bandwagon by piecing together a vague and incomplete product, Bedrock. $AMZN

@RihardJarc

Should I buy a $3,500 fancy monitor which only works within Apple eco-system? 🤔🤔🤔 $AAPL

Apple Vision Pro is a really fancy display on your face. It has nothing to do with VR. There is no realtime rendered 3D immersive world at all. While that's Mate Quest's strength. $AAPL $META #WWDC23

Apple fans rn $AAPL #WWDC2023 #WWDC23

@MarceloPLima He would sell all his $AAPL shares right away upon seeing those stickers.

Search aways sucks on my iPhone or Mac. $AAPL

Google's DIDACT can suggest a code change according to the code reviewer's comment as a prompt.

Google's version of Copilot, DIDACT, for programming assistance, seems more powerful than Microsoft's. $GOOG $MSFT

Apple clearly lacks depth in AI/ML software. To compensate for that, its AR headset may have to use more cameras and sensors and suffer from a high manufacturing cost. $AAPL $META

ChatGPT can be prompted to do Chain-of-Thought to solve non-trivial math problems. Its training data must include reasoning steps to significant degrees. I can imagine training data with step-by-step reasoning will be much more valuable than that with only direct answers.

A transformer paper shows it's required to feed LLMs step-by-step training data to solve multi-hop reasoning tasks, like dynamic programming and math equations. #ChatGPT #Transformers

$AMZN

Zuck's plan B should be to suck up to Tim and put Meta's 3 billion user App suite on Apple's new shiny devices, in case Apple headset becomes a huge success. $AAPL $META

It seems to me Tim just wants a conclusion for their long struggling AR headset project. A ridiculously high price would make a good excuse for likely low adoption even among Apple's die-hard fans. $AAPL $META