We've yet to see whether this is true, or is it just manufactured demand. There are dozens of Jev demos, but pretty much all of them are either cool but useless, or simply fake (i.e. harness doing 99% of the work).
But economics of Jev enable classifying high volume things. And I've tried all the open-weight Qwen based decision models on my Spark and none of them came closer to quality and suck at batch inference so they are doing something custom.
its clear they own the mindshare around this type of primitive which is a massive premium
You can create a company with 2B shares and sell one share to your friend for $1000. Lo and behold, you own $2 trillion dollar company, leaving Elon behind.
Multiplying out revenue from the peak of their mini hype cycle while a dozen well financed competitors target them directly seems extremely optimistic.
If they weren't lying about $100M ARR, they had to be at 6.5T/day for a week to hit that number.
They also claimed they were at 1T/day just couple weeks ago. That's $15M ARR.
85% drop in just a couple of weeks?
It’s not to be unexpected for a new product and startup, but they lack SOC 2 certification, and the other things enterprises look for on information security.
I’d be surprised if many procurement divisions are approving typesafe AI, and I fear by the time they achieve it, existing vendors would’ve catched up.