E232: Wealthfront's robo-advisor IPO sprint: $88B AUM, $194M profits; OpenAI's instant checkout: Etsy surge 16%, taps 700M users; OpenAI H1 2025: $4.3B sales vs $2.5B burn, breakeven by 2026?; Cerebras' $1.1B pre-IPO: $8.1B val, Q2 rev 11x YoY; Black Fore

Send us Fan Mail00:00 - Intro01:16 - Wealthfront's Robo-Advisor IPO Sprint: $88B AUM, $194M Profits02:43 - OpenAI's Instant Checkout: Etsy Surge 16%, Taps 700M Users03:51 - OpenAI H1 2025: $4.3B Sales vs $2.5B Burn, Breakeven by 2026?05:23 - Cerebras' $1.1B Pre-IPO Raise: $8.1B Val, Q2 Rev 11x YoY06:39 - Black Forest Labs' $4B AI Image Raise: FLUX.1 Downloads 5M+07:59 - Rebellions' $1.4B Series C: 3x Rev YoY, Arm GPU Co-Dev09:28 - TikTok US Divestiture: $14B Val at 1.4x P/S, ByteDance Keeps 50% Profits11:04 - Meta's Rivos Acquisition: Cuts GPU Reliance 20-30%, $10B Annual Spend12:27 - Anthropic's Claude Sonnet 4.5: 30-Hour Autonomy, $5B ARR Run-Rate14:01 - Perplexity's Free Comet Browser: ARR Nears $200M, 50% Query Boost15:24 - Stripe Bridge's Stablecoin Open Issuance: $300B Market to $2T by 202816:52 - Thinking Machines' Tinker API: 95% Nondeterminism Fix, $12B Seed Val