b1ts retweeted
if you aren't paying attention to venice ai, you should be.
- 5 million users
- API Calls are up 400% since July
this is fueling $10.4M/yr burn for base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf
b1ts retweeted
Updated $VVV model. New price target is $51.79
Growth has been ahead of expectations, so not surprisingly my target price is also higher. Since Aug 17th, $VVV is up 72.9% to $21.86 as the market has further repriced the token on its fundamentals and growth potential.
Credit purchase revenue in particular has been well ahead of expectations, growing 42.1% month over month in Aug, 21.5% in Sep, and I project it to grow 34.7% in Oct.
Programmatic token burns driven by new pro subs has also been ahead of expectations, up 20.0% in Aug and 17.3% in Sep.
Based on the above acceleration of growth, my model now estimates current annualized revenue to be $164.5M.
2027 projected revenue is $443.6M, resulting in an estimated $82.2M in token burns, up from prior projections of $336.9M and $70.1M, respectively.
This results in my current estimate of $VVV fair value to be $51.79, based off of a 50x multiple to forward earnings (token buyback and burns). I estimate annualized revenue is now up more than 10x since just Jan 2026 and with this level of growth 50x earnings is more than reasonable (likely conservative)
Not financial advice
TLDR on $VVV
Venice just surpassed 4 million users and $100 million ARR. The majority of free cash flow has been directed to token burns and the team and been explicit about that continuing to be the case.
The product is world class (case in point 4 million users and continuous double digit month over month growth).
The company balance sheet is the largest holder of the token. 2nd largest holder is the founder Erik Voorhees. 3rd largest holder is the executive team. In Erik's own words:
"Some revenues have begun flowing to the token, zero revenue has flowed to equity. Equity is the largest holder of token, and benefiting the token is one of the highest leverage things equity can do to serve its own interest...Outside investors own <9% of the company, and all have strong incentive in the token's upside, all of them with multi-year lockups."
OpenRouter was just valued at over $7 billion in its acquisition by Stripe.
It is my opinion that Venice's token is materially underpriced at a $1.02B FDV. Price target based on what I consider to be a realistic scenario (hybrid of base and bull case) is $43.89. We shall see.
Not financial advice
b1ts retweeted
Give your agent an imagination.
On Circle Agent Marketplace: creative and inference services that help agents generate media, capture websites, and use AI models inside a workflow.
Featuring: @BlockRunAI, @fal, ScreenshotOne, and @AskVenice, with select endpoints powered by @paysponge.
Building an agent? Browse the marketplace: agents.circle.com/services
b1ts retweeted
Today, VVV emissions reduced from 3M/yr to 2.5M/yr.
This is the first of two planned emission reductions.
b1ts retweeted
Venice is powering the first robot ever to climb Everest.
Scaling new heights with private, unrestricted inference.
Introducing Pemba
The first robot to attempt Everest
This fall powered by @livekit, with support from @AskVenice , @eastworlds_io and Reflex
b1ts retweeted
Mysterious new frontier model is available for free from Venice.ai/api
Point your agent at...
curl api.venice.ai/api/v1/chat/co… \ -H "Authorization: Bearer $VENICE_API_KEY" \ -H "Content-Type: application/json" \ -d '{ "model": "stealth-ox-alpha", "messages": [{"role": "user", "content": "Build without permission."}] }'
b1ts retweeted
We promised open weights for Qwen3.8. Now, time to meet them! 🎉
⚡ Qwen3.8-27B:
- A native multimodal dense model. With just 27B parameters, it outperforms Qwen3.7-Plus overall and shines in real-world coding & office workflows.
- 262K native context, easily extendable to 1M tokens via YaRN.
- Built for builders. Highly efficient, high-quality, and licensed under Apache 2.0.
🚀 The open weights for Qwen3.8-2.4T-A95B (Max-level) have also been released recently.
Whether you're shipping lightweight applications with Qwen3.8-27B locally or building agents with Qwen3.8-2.4T-A95B, they're yours now!
Download, deploy, and build something we haven't imagined yet. 👀👇
- Hugging Face：
huggingface.co/collections/Q…
- ModelScope：
modelscope.cn/collections/Qw…
b1ts retweeted
About ONE DAY to go
We are nervous, but excited
Following the first open release of Qwen-Max class model, now one of the most beloved and awaited model by our open community is stepping up!✨
The countdown to Qwen3.8-27B starts now! ⏳🔥modelscope.cn/models/Qwen/Qw…
b1ts retweeted
📢Meet Qwen3.8-Max — our most capable model to date.
Next week, the open weights of Qwen3.8-Max will be released, and Qwen3.8-27B is also going open-weights to meet you all!🎉
Qwen3.8-Max, a new bar for coding and cowork at 2.4T parameters:
- Autonomous coding: 10+ days of self-evolving development, from empty folder to production without hand-holding, complete project trace in the GitHub：github.com/qwen-code-dev-bot…
- Real work, real results: Production-quality deliverables across hundreds of professions.
- Long-horizon mastery: System-level autonomous planning with closed-loop adaptive learning, driving 500+ turns of chip design optimization and 365 days of e-commerce strategy.
- Native multimodal intelligence: Vision isn't just input — it's a continuous feedback loop for planning, execution, and self-correction.
💰Pricing:
Input: $2.0 / M tokens
Output: $6.0 / M tokens
Implicit Caching: $0.25 / M tokens
Start building with Qwen3.8-Max! 🚀
📖 Blog: qwen.ai/blog?id=qwen3.8
✅ Qwen Studio: chat.qwen.ai/?models=qwen3.8…
⚡ API: qwencloud.com/models/qwen3.8…
b1ts retweeted
At Nous Research we believe that open model sovereignty will make the world a safer place.
We are a proud member of the new Open Secure AI Alliance and look forward to working closely with the other members towards this future.
AI security advances when the industry builds in the open, together.
We're introducing the Open Secure AI Alliance with industry leaders to develop new techniques and tools to safeguard software and agents.
By sharing models, tooling and research in the open, we can broaden the community of defenders.
Learn more about the founding members’ contributions: nvda.ws/4pD8Fc5
ALT Logos of various companies including Adobe, Cisco, and Microsoft.
b1ts retweeted
For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.
AI will transform every industry, power every company, and be built by every country.
Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.
The world needs both frontier closed models and frontier open models.
images.nvidia.com/pdf/Open-W…
