MongoDB reports Q1 revenue up 22% YoY, OpenAI is hiring research engineers to rebuild its robotics team

Top News

MongoDB reports Q1 revenue up 22% YoY to $450.6M, vs. $439.91M est., and cuts its Q2 and FY 2025 outlook on slower Atlas demand; MDB drops 25%+ after hours. - Link

OpenAI is hiring research engineers to rebuild its robotics team; the company plans to develop tech that robot makers will integrate into their systems. - Link

Sony says PS5 generated $106B in revenue in less than four years vs. PS4's $107B over seven years, PS5 in-game purchases spending up 176% over PS4, and more. - Link

Stripe says it will temporarily move to an invite-only model for new account sign-ups in India as it navigates the country's evolving regulatory landscape. - Link

OneScreen.ai brings startup ads to billboards and NYC’s subway. - Link

Turn your idea into a beautiful website! Go to http://www.squarespace.com/twist for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. Ad

Startup Demo of the Day:

Eve is an AI-powered stress coach that combines the warmth of a close friend with the wisdom of an experienced life coach. - Link

Founder University is a 12-week pre-accelerator program run by Jason/LAUNCH for builder founders. We're investing $25k in 20-30 companies from Cohort 7. Apply at founder.university/letsbuild.

This Week in Startups:

E1958: Rory O’Driscoll and Mark Suster discuss venture capital, founder strategies, the impact of AI, investment criteria, and lessons from decades of internet cycles, emphasizing alignment of incentives, balancing passion with business acumen, and advice for founders and Rory's younger self. - Watch

E1957: Jason and Alex discuss xAI's $6B series B, the evolution of smartphone adoption, global internet users from 2005-2023, Apple's switch from Intel, armed robot dogs and drone warfare, and North Korean nationals taking American remote tech jobs. - Watch

E1956: David Weisburd, Jaime Matus, Michael Eisenberg, and Jason discuss AI investment data from Pitchbook, the prediction of an impending washout of overfunded AI startups, Michael Eisenberg's career and investment experiences. - Watch

E1955: David Sacks and Evan Owen join Jason to reveal their newly launched work chat tool, Glue. They discuss data sources integrated into Glue, its AI capabilities and pricing, and the strategy for competing with tools like Slack. - Watch

E1954: Jason and Alex Wilhelm discuss Nvidia's first quarter fiscal 2024 earnings and a partnership update between News Corp and OpenAI. They also cover Apple News+'s impact on The Daily Beast's numbers, explore the potential sale of wearable AI startup Humane, and conclude with Farcaster's $150M raise. - Watch

This Week in Startups Paid Partnerships:

Northwest Registered Agent will form your business quickly and easily. In just 10 clicks and 10 minutes, set up your entire business identity—name, address, mail service, phone, email, website, and domain. For just $39 plus state fees, Northwest will handle your complete business identity. Visit ⁠http://northwestregisteredagent.com/twist⁠ today.

All-in-one video platform for business, with tools that help you create, manage, and measure the impact of your videos. Try Wistia for free at https://wistia.com/startups

Generative AI is revolutionizing industries. HiddenLayer’s AI Detection & Response Solution secures your Generative AI & LLMs from malicious attack. Helping you generate more – by enabling seamless & secure Generative AI. Visit https://HiddenLayer.com/twist to learn more.