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- ✅ Amazon overtakes Walmart
✅ Amazon overtakes Walmart
the new retail king?
Welcome to SaaS Wire — your backstage pass to the hottest in software and services!
What we’ll cover today:
✅ Amazon overtakes Walmart in revenue – the new retail king?
✅ OpenAI crushes 400M users – can DeepSeek keep up?
✅ Big SaaS events on the horizon – what to watch for!
Amazon, the online shopping giant, has officially outpaced Walmart in revenue, marking a major shift in retail dominance.
🚨 Breaking News
Amazon’s total revenue in 2024 surpassed Walmart’s for the first time, proving that e-commerce is beating traditional retail at scale.
⚡ Wire Simplified –
Amazon’s 2024 revenue hit $600B+, exceeding Walmart’s $570B.
Online shopping growth and Prime memberships fueled Amazon’s success.
Walmart still leads in physical store sales but lags online.
Amazon Web Services (AWS) continues driving major profits.
Retail dominance is shifting, and Walmart may need new strategies.
✔️ Straight to the Point
Amazon’s revenue crown shows e-commerce is winning, but Walmart’s resilience means retail battles are far from over. What’s next for shopping?
🎤 Do you think Amazon will continue to dominate retail revenue in the coming years? |
OpenAI, creator of ChatGPT, just hit 400 million users, even with new AI rival DeepSeek making waves in the industry.
🚨 Breaking News
Despite competition from DeepSeek, OpenAI’s ChatGPT keeps growing, proving AI chatbots are becoming a must-have in everyday life.
⚡ Wire Simplified –
OpenAI now serves over 400M users globally.
DeepSeek, a Chinese AI competitor, is gaining ground but trails behind.
OpenAI’s partnerships and upgrades keep it ahead.
AI adoption is growing, reshaping how we work and communicate.
The battle for AI dominance is just getting started.
✔️ Straight to the Point
OpenAI’s lead proves AI is mainstream, but DeepSeek’s rise shows competition is heating up. Who will lead AI’s future?
Humanoids and LLMs are interesting corner cases where VC math breaks down.
A startup's expected value is proportional to its market size & odds of success. But the TAMs for physical/mental labor are so huge that almost any entry price is justified if there's a chance of success.
The progress in AI is down to three basic resources; (1) people (experts), (2) data, and (3) infrastructure. Arguably, at this point the US is only ahead in (3). Also, at this point the Chinese open source models are ahead. Not only DeepSeek but also Qwen. This is a fact.
SaaStr Annual 2025
SaaStr Annual is the world's largest SaaS community event, bringing together SaaS founders, executives, and investors to share insights and strategies for scaling businesses.
Date: May 13–15, 2025 | Location: San Mateo, CA, USA
Check it out here
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