Replit’s valuation & amount raised over time

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> valuation 3x in 6 months

> made founder a billionaire at $2B net worth

> ARR expected to hit $1B by year end, up from $150M end of 2025

> 50,000 apps being built on it every day + has 85% of Fortune 500 usage

> recently released Agent 4 in direct response to competitors:

• Claude Code at $2.5B ARR

• Cursor at $2B+ ARR

• OpenAI Codex having 1.6M weekly active users

> 288GB memory needed for new Nvidia Rubin to operate

> 800% more than high-end PCs & 2300% more than high-end smartphones

> current NVL72 AI rack = as much memory as 1,000 high-end smartphones

> 16GB DDR4 prices up 2352% ($3.30 in 2024 to ~$77.00 now)

> demand for HBMs to climb 70% YoY in 2026 & take up 1/4th of global DRAM wafer output

> 782 total acquisitions in 2025, 1.5x more than 2024

> US leads, with 1.85x increase in startups acquired YoY

> agents and infra took up 10% of M&A + also accounted for the biggest deals ex. Meta buying Manus for $3B

> Salesforce leads with 10 AI acquisitions, taking the crown from Nvidia; Meta, CoreWeave & Workday acquired 4 each