The Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
Episode publishedPodcast: All-In with Chamath, Jason, Sa...All-In with Chamath, Jason, Sacks & Friedberg
Transcript preview
Preview only
You're on a bit of a heater.
It's it's the best time to be building.
And revenue has surged, but you face really intense competition. Let's go right at that to start. If you were building a global financial system from first principles today, you wouldn't build it on 50 year old legacy rails. You'd build Airwallex, one AI native platform for global accounts, cards, and payments. Is designed to make the entire world feel like a local market. Others are bolting AI onto broken infrastructure, but Airwallex was built for the intelligent era from day one. Stop paying the legacy tax and start building the future at airwallex.com slash all in. Air wallets, built for t
Spot on. We started company 2022. First year was all about building the the research and the product to really kick start the work. We built the first text to speech model that finally could sound human, released it in 2023, beginning of twenty twenty three, then it took us roughly twenty months to get to the first 100,000,000 in ARR, roughly ten months to get to 200, five months to get to 300 and and and that's how we closed end end of the last year and now we are at 600.
You're at $600,000,000 in revenue. This is extraordinary. How many employees now? Because the company has obviously hit incredible valuations, but you have to fill in that valuation and you you're competing at a very high level for talent. So so tell us about how many employees you have now and how you maintain the culture of the company when revenue is ripping, investors are throwing money at you, showing up at your doorstep, I mean, quite literally. But you've got to run the company. You've got to build a culture. So how many employees now and and how are you dealing with these competing pri
Yeah. That's the that's the key element of how you all for for us, the the element of like how we can maintain the culture despite the quick growth is is is kind of critical in how we optimize both the interview cycle, how we are bringing people on board, how we onboard them. We have 600 people today, so also very quick growth on that people side and as a company we combine research and product. So we we we are building a communication platform for AI. On the research side, this includes everything across audio, generating speech, transcribing speech, orchestrating speech for interactions. On
And you started before AI was so impactful at making software. Right. So when you were starting four years ago, five years ago and working on this, building software was limited to low percentage of the population of planet Earth. You know, the number of people could write code. And now here we are, you know, went from vibe we we had a no code moment, then vibe coding, and now we actually have people building production code who are not developers. You have developers going 10 x and token maxing. How has building software changed internally? And how do you deal with making sure that the code i
Yeah. That's it's it's also true that 2022 was still the year where topics of the day were crypto and and metaverse. So Yeah. The building there was also the best time to start because we could actually take a take a a bit of time to focus on what we thought is the future. But then the way we are structured is a lot of small teams, especially across the product engineering, but also in how we think about go to market optimized for specific industries, telco, financial services, healthcare, so every unit is very tightly knit together and we do that across the company so it's usually five to 10
We the it's fantastic that everyone can build software u
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.
This episode could not be prepared.
Try again to prepare the episode for reading and questions.