Venice experienced explosive growth in October 2024, surpassing 5 million users and serving over 1 trillion tokens per day, driven by upgrading their default pro model to the uncensored Deep Seek model. The episode covers key milestones including $1 million in monthly VVV burn, the launch of a VVV ETF on a Swiss exchange, and the growing importance of privacy and uncensored AI in an era of increasing cybersecurity threats.
Summarized by Podsumo
Venice passed 5 million users, with the last million added in just 68 days, and now serves over 1 trillion tokens per day - a 4x increase in one month.
The upgrade to the uncensored Deep Seek model as the default drove massive growth in usage, subscriptions, and revenue.
Venice crossed $1 million in monthly VVV burn in October, with burns accelerating 16-20x since December 2023.
The first VVV ETF launched on a European Swiss exchange via 21Shares, giving traditional capital access to the token.
Video generation through Venice Studio has become 25-30% of revenue, with the Lumara Film Festival showcasing high-quality AI films.
"If you really want to keep things safe, it's better to just not have that data in the system in the first place."
— John, Head of Strategy at Venice
"The only way to protect data is to not have it."
— John
"It's always awesome when some of us can get together... We are a remote first company."
— John