20VC/
20VC: NVIDIA Crushes Quarter and Buys Hugging Face | OpenAI Cuts Off Cursor | Instinct Hits $2.5BN Valuation and The Race for AI Assistants | Cognition Raises at $46BN, Linear $2.5BN and Clay $7BN
This episode focuses on the AI stack’s accelerating power-law dynamics: Nvidia’s demand and supply constraints, OpenAI’s conflict with Cursor, and the emerging security risks from autonomous agents. The second half zooms out to how AI is reshaping software products, with Instinct, Cognition, Salesforce, Clay, and Linear all used as examples of an agent-native market reset.
