Friday, September 27, 2024

Stripe data: AI startups took a median 11 months to hit $1M in annualized revenue after their first sales, vs. 15 months for previous gen of SaaS companies (Madhumita Murgia/Financial Times)

Madhumita Murgia / Financial Times:
Stripe data: AI startups took a median 11 months to hit $1M in annualized revenue after their first sales, vs. 15 months for previous gen of SaaS companies  —  New data from payments group Stripe suggest artificial intelligence groups are making revenues at an unprecedented rate



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...