Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The rapid growth of AI startups in terms of revenue has been a hot topic lately, cautioning investors and founders to approach this growth with nuance and understanding. It emphasizes the importance of sustainable revenue sources and factors beyond revenue numbers to assess company health. The evolving landscape of AI startups presents challenges such as revenue fragility, competition, and uncertainty in market dynamics. Updates on recent venture deals, private equity transactions, exits, and IPOs in the tech and startup space highlight ongoing activity and investment in the industry. Notable transactions include investments in various sectors and acquisitions in healthcare technology, national security, cheerleading apparel, production studios, and energy solutions. Fundraising successes by ICG and Floodgate showcase strong demand for investment opportunities in European mid-market companies, welcoming a new partner at Floodgate. Overall, the need for careful evaluation of rapid AI revenue growth is stressed, providing insights into current trends within the tech and startup ecosystem.Transitioning to leadership changes in Apple's AI department, CEO Tim Cook has appointed Mike Rockwell to take over Siri from John Giannandrea. The company's AI offerings have been underwhelming, leading to a decline in device sales. Tesla CEO Elon Musk is under pressure to return to the helm of the company amidst brand damage and stock value losses. Mistral AI CEO Arthur Mensch denied reports of IPO plans for the Paris-based startup, clarifying that they are not looking towards an IPO at this time. Other news includes Coreweave potentially raising $2.7 billion in an IPO, Google adding smarter search features to Gmail, and the European Central Bank emphasizing the need for a digital euro to compete with stablecoins.Moving on to various topics such as CEO reactions to the Trump administration, Elon Musk facing criticism from Tesla bulls, Europe's busiest airport being closed due to a fire, and other news updates. Wilbur Ross is optimistic about the Trump administration's efforts, while Elaine Chao advises businesses to be agile in planning. Concerns about Elon Musk's potential conflicts of interest and Trump's denial of Musk being briefed on China war plans are mentioned. Additionally, news stories such as the closure of Heathrow airport, Trump's executive order on the Department of Education, Bank of America CEO's optimism about consumer spending, discussions about the U.S. potentially leaving NATO are covered. The markets are briefly discussed with the S&P 500 experiencing a slight decrease. Analyst notes from Wells Fargo, Apollo, and UBS are included as well. Watercooler topics such as Jerome Powell's comments on tariffs, billionaires funding March Madness schools, and other news stories wrap up the email.

Thanks for listening! Follow us on Twitter, Instagram and Linkedin