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site iconTomasz TunguzModify

I’m a venture capitalist since 2008. I was a PM on the Ads team at Google and worked at Appian before.
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Rss preview of Blog of Tomasz Tunguz

No Shirt, No Shoes, No Service for Bots

2026-11-13 08:00:00

AI agent traffic jumped 8x between August & October 2026 as bots reached 54% of global web traffic. Yet United Airlines & Amazon are blocking shopping bots at checkout because ads, ancillary upgrades, trip insurance & extended warranties represent 12% to 20% of revenue & 100% to 127% of operating profit.

When the Central Bank of AI Changes Chairs

2026-11-12 08:00:00

Jensen Huang's resignation as CEO of Nvidia leaves CFO Colette Kress atop the Central Bank of AI : $42b in 2025-2026 M&A & tech buyouts, $61b of cash invested in equity across 229 private startups & 13 public companies, & $164.5b in lease guarantees & cloud capacity backstops. Last quarter Nvidia deployed 112% of operating cash flow into equity & M&A.