What’s 🔥 in Enterprise IT/VC #484

It's just February 7 and Agents Are Eating Software Faster Than Any of Us Thought

Feb 07, 2026

The agents are coming for you narrative went from whisper to scream this week. While still so early, Wall Street’s lemming-like narrative spooked the market. Here’s why - most of it was Anthropic’s plugin framework which I highlighted in last week’s newsletter.

Ed Sim@edsim@claudeai open-sourcing cowork plugins is a gift 🎁 and a weapon 🔫. Incredible discovery for startups. Also a brutal compression event for anyone building thin wrappers. The real opportunity is multiplayer mode. Org-wide sharing of skills is where plugins stop being tools andClaude @claudeaiCowork now supports plugins. Plugins let you bundle any skills, connectors, slash commands, and sub-agents together to turn Claude into a specialist for your role, team, and company.8:04 PM · Jan 30, 2026 · 4.88K Views3 Replies · 2 Reposts · 19 Likes

Seems like Wall Street caught on to that a few days later along with the journalists. IMO everyone overreacted although in the long term, the trend is accelerating faster than any of us thought.

Shruti@heyshrutimishraHOLY SHIT Anthropic Just Triggered a $285B Market Crash 😳 Bloomberg just reported that Anthropic released a new AI tool that caused: 󠁯•󠁏 $285 billion wiped out across software, finance, and asset management stocks 󠁯•󠁏 6% drop in Goldman's software basket (biggest since 5:52 PM · Feb 4, 2026 · 1.46M Views461 Replies · 1.15K Reposts · 6.55K Likes

As I wrote last March: “Software is eating the world. AI is eating software. But that’s just cannibalizing existing spend. If AI/Agents can eat into labor, then opportunity for apps get much bigger. If not, we are in for a world of hurt as many apps can get easily cloned.” That take rings truer than ever.

Mike Jung@mikej0000This post from @edsim from ~1 year ago speaks to what Wall Street is coming to grips with now. Prescient. Didn't expect that PE firms and BDCs would get clobbered because of their exposure to SaaS, but it makes perfect sense. @ttunguz points this out in one of his recentEd Sim @edsimLots of debate on the future of SaaS - the reality none of us really know and these are all guesses Also when it comes to the enterprise, it's so early But here's what many VCs are thinking 🤔: Software is eating the world AI is eating software but that is just cannabalizing6:52 PM · Feb 5, 2026 · 1.56K Views1 Reply · 2 Reposts · 4 Likes

For me, what changed this week were two things:

The models and harnessing to deliver AI are improving faster than any of us ever thought possible from the model providers like Anthropic and OpenAI dropping new models on the same day along with innovation from an unfunded open source builder at OpenClaw
Diffusion of agentic workflows is happening faster than ever in the enterprise - it’s all accelerating

This doesn’t mean SaaS is dead and it doesn’t mean every SaaS co should be down 15% in one day, but it does mean that these companies better start cannibalizing themselves yesterday in order to exist tomorrow. Some will make it, maybe 20-25%, the rest won’t as it’s super hard to turn a battleship around and think in first principles and set up several startups within a large org.

Brad Gerstner from Altimeter Capital nails it - all about the unpredictability of future free cash flow. The only companies who escape the meltdown are those companies that can show they can accelerate their revenue because of AI. Application software is in the “too hard” to predict bucket. Clickhouse, Databricks and others, easier to see.

Brad Gerstner@altcapSoftware is not dead. Grt leaders. Grt companies. Most will hit their numbers. But the terminal value & multiples are lower bc the potential for AI disruption lowers predictability of future cash flows. This only changes if they show how AI is accelerating their core biz. 📈🧐Altimeter Capital @AltimeterCapBrad Gerstner (@altcap) joined CNBC’s Halftime Report with Scott Wapner (@ScottWapnerCNBC) to address the software selloff. In a moment of “exponential change,” investors say “fog of war” and put application software in the “too hard bucket” — not because they’re “missing12:14 AM · Feb 7, 2026 · 134K Views56 Replies · 51 Reposts · 764 Likes

Anyone who has used Claude Code and Cowork should know that tech always starts with early adopters, usually technical engineer types, and spreads from there. It doesn’t take a huge leap of faith to see that what Claude Code did for engineering would eventually move to other business areas - it was just a matter of time.

If that wasn’t enough, Anthropic released Opus 4.6 and more harnessing to manage and orchestrate swarms of agents.

Yuchen Jin@Yuchenj_UW“Claude Opus 4.6 ... managing a ~50-person organization across 6 repositories. It handled both product and organizational decisions while synthesizing context across multiple domains, and it knew when to escalate to a human.” Sam wasn’t joking about being replaced by an AI CEO. 5:57 PM · Feb 5, 2026 · 58.8K Views23 Replies · 101 Reposts · 1.19K Likes

The crazy aspect is that it can also orchestrate humans 🤯.

As mentioned earlier, it’s technology like this that is pushing into the Fortune 500 much faster than any of us ever thought possible. Here’s Goldman Sachs announcing that it will automate the back office which is huge, especially since it is a regulated entity.

Ed Sim@edsimeveryone debating whether AI agents "really work" while @GoldmanSachs is quietly replacing accounting and compliance roles with Anthropic's models. for those of us using Claude Code/Cowork daily, this was obvious... agents are coming for every back-office functionCNBC @CNBCGoldman Sachs is tapping Anthropic’s AI model to automate accounting, compliance roles https://t.co/mBvKSh6vma2:12 PM · Feb 6, 2026 · 4.55K Views10 Replies · 2 Reposts · 28 Likes

To my earlier point on folks who use Claude Code know that the leap to work is not a huge one - here’s Goldman Sachs’ CIO on his aha moment:

Ed Sim@edsimfirst it always starts with coding, similar to Claude Code to Cowork built in 10 days because understood usage patterns of the first developer users And now...Goldman CIO Argenti says: 5:30 PM · Feb 6, 2026 · 222 Views1 Like

OpenAI CEO of Applications Fidji Simo said she believes AI agents (AI coworkers) will be pervasive in the enterprise by year end.

tae kim@firstadopterI was on an @OpenAI briefing call earlier this week with other reporters about OpenAI's new Enterprise platform for AI Agents called Frontier. Fascinating stuff. @fidjissimo OpenAI CEO of Applications Fidji Simo said she believes AI agents (AI coworkers) will be pervasive in the 2:06 PM · Feb 5, 2026 · 24.2K Views8 Replies · 6 Reposts · 130 Likes

Now let’s look at this chart from Dylan Patel 👇🏻

Ed Sim@edsim🤯 Now just imagine swarms of agents working. That 20% may be lightDylan Patel @dylan522p4% of GitHub public commits are being authored by Claude Code right now. At the current trajectory, we believe that Claude Code will be 20%+ of all daily commits by the end of 2026. While you blinked, AI consumed all of software development. Read more 👇 https://t.co/HzK4nbe2vy https://t.co/E1kIjfrNgk8:39 PM · Feb 5, 2026 · 1.42K Views2 Replies · 10 Likes

This data is pre-agent swarms. Now imagine hundreds of agents coordinating simultaneously. That 20% will be more like 40%+ by the end of the year.

Speaking with many VCs and founders after spending the past week in San Francisco, I can tell you that this is one of the most exciting and scariest times to be in technology. I, for one, feel this dichotomy in every single conversation.

All I know is that it’s just February 7, and I have no idea what the rest of the year will look like.

But if you're a founder, this is the golden window. Incumbents are deer in headlights, platforms are handing you weapons for free, and the entire enterprise stack is up for grabs. The founders who move now will own the next decade

Ed Sim@edsimThis week in AI felt like 10 years compressed into a few days8:46 PM · Feb 5, 2026 · 951 Views4 Replies · 18 Likes

As always, 🙏🏼 for reading and please share with your friends and colleagues!

Scaling Startups

fun discussion in tweet

Ed Sim@edsimStill seeing too many startups that will simply be a skill in days, weeks or months. Make sure yours can’t be reduced to one5:05 PM · Feb 5, 2026 · 7.12K Views17 Replies · 2 Reposts · 93 Likes

trends to pay attention to - YC call for startups

Y Combinator@ycombinatorThe way startups are built has shifted quickly. We're excited about a range of startup ideas for AI-native companies that can now be built faster, cheaper, and with more ambition than ever. [ycombinator.com/rfs](https://ycombinator.com/rfs) 8:00 PM · Feb 2, 2026 · 1.04M Views114 Replies · 243 Reposts · 2.15K Likes

TL:DR version: 1. AI as the worker, not just the tool

Several of the RFS categories (AI-native hedge funds, AI-native agencies, AI guidance for physical work) share a common thread: YC wants startups where AI does the work end-to-end rather than just assisting a human. An AI agency doesn’t sell software to designers; it is the design firm. An AI hedge fund doesn’t add a chatbot to an existing trading desk; it’s built from day one around agents that research, strategize, and execute. This signals YC believes we’re past the “copilot” era and into the “AI-as-the-entire-workforce” era.

2. AI moves upstream from code to decisions

“Cursor for Product Managers” and the expanded AI developer tools category reveal a pattern: the bottleneck in software is shifting from writing code to deciding what to build and maintaining what you’ve built. YC sees the code-generation wave as maturing and is now looking at the layers above it (product strategy, customer insight synthesis) and below it (debugging, testing, deployment). The implication is that founders should look for where human judgment is still the bottleneck in a workflow, because that’s where the next wave of AI companies will be built.

3. Stablecoins + regulation = a fintech window opening right now

The stablecoin financial services category, combined with YC’s own decision to offer funding in USDC, is a strong signal. With the GENIUS and CLARITY Acts creating a new regulatory framework, YC sees a narrow window for startups to build compliant crypto-native financial infrastructure (yield accounts, cross-border payments, etc.) before incumbents catch up. It’s notable that YC is putting its own money where its mouth is by actually paying founders in stablecoins.

Enterprise Tech

amazing how fast the tides can turn; Cursor was all the rage just a few months ago and then Claude Code changed everything, no IDE needed, just type in Claude Code and let it work. It was the talk of SF this past week so no surprise here - now Claude Code can manage swarms of agents and humans too

Claude@claudeaiOn Claude Code, we’re introducing agent teams. Spin up multiple agents that coordinate autonomously and work in parallel—best for tasks that can be split up and tackled independently. Agent teams are in research preview: [code.claude.com/docs/en/agent-…](https://code.claude.com/docs/en/agent-teams)5:45 PM · Feb 5, 2026 · 204K Views48 Replies · 197 Reposts · 2.23K Likes

not to be outdone, OpenAI releases Frontier

Sam Altman@samaThe companies that succeed in the future are going to make very heavy use of AI. People will manage teams of agents to do very complex things. Today we are launching Frontier, a new platform to enable these companies.4:01 PM · Feb 5, 2026 · 1.7M Views1.29K Replies · 877 Reposts · 14.2K Likes Ed Sim@edsimFeels like ServiceNow control tower - wonder how open this truly is in terms of orchestrating other agents - if so, look at stack lots of infra cos going to feel some painOpenAI @OpenAIIntroducing OpenAI Frontier—a new platform that helps enterprises build, deploy, and manage AI coworkers that can do real work. https://t.co/4W0adQzSZ12:58 PM · Feb 5, 2026 · 6.42K Views1 Reply · 2 Reposts · 19 Likes

holy Gemini

Jeff Dean@JeffDeanVery proud to see the progress across so many areas. Great to see @GeminiApp hit 750M monthly active users, and the use of our Gemini models across many products and Cloud surfaces is strong: 10B tokens/minute is 166M tokens/sec (TPUs!), or ~1750 tokens/person on earth per day.Sundar Pichai @sundarpichaiOur Q4/FY’25 results are in. Thanks to our partners & employees, it was a tremendous quarter, exceeding $400B in annual revenue for the first time. Our full AI stack is fueling our progress, and Gemini 3 adoption has been faster than any other model in our history. We’re really10:51 PM · Feb 4, 2026 · 68K Views61 Replies · 75 Reposts · 1.19K Likes

👀

Vision4theBlind@Vision4theBlindGoogle CEO says that they don’t fully understand their own AI system after it started doing things it wasn’t programmed to do such as teaching itself an entire foreign language it was not asked to do 1:47 AM · Jan 31, 2026 · 4.13M Views818 Replies · 3.32K Reposts · 16.2K Likes

must read from Greg Brockman - how OpenAI is transitioning to full agentic, retooling and cultural shifts:

As a first step, by March 31st, we’re aiming that:

(1) For any technical task, the tool of first resort for humans is interacting with an agent rather than using an editor or terminal.

(2) The default way humans utilize agents is explicitly evaluated as safe, but also productive enough that most workflows do not need additional permissions.

In order to get there, here’s what we recommended to the team a few weeks ago:

Greg Brockman@gdbSoftware development is undergoing a renaissance in front of our eyes. If you haven't used the tools recently, you likely are underestimating what you're missing. Since December, there's been a step function improvement in what tools like Codex can do. Some great engineers at12:19 AM · Feb 6, 2026 · 1.7M Views369 Replies · 1.32K Reposts · 10.6K Likes

the beauty of open source - nicely done by Runlayer although I’ll be spending some time this weekend trying to keep up with the 5 new releases of OpenClaw on Digital Ocean

Andy Berman@berman66Today, we're launching OpenClaw for Enterprise. The IDEA of OpenClaw is excellent. That's why your employees already tried ClawdBot last weekend. They probably spent hours linking it to everything - email, Slack, Jira, you name it. They installed a giant security nightmare. 5:00 PM · Feb 6, 2026 · 256K Views69 Replies · 53 Reposts · 618 Likes

pay attention - tasks and outcomes are just skills, IMO like the new open source - here’s an example

ElevenLabs Developers@ElevenLabsDevsIntroducing ElevenLabs Skills. With skills, AI coding assistants like Claude Code, Cursor, and OpenCode are better at using our APIs to handle AI audio and agent workflows. Get started: npx skills add elevenlabs/skills 2:16 PM · Feb 3, 2026 · 154K Views42 Replies · 80 Reposts · 755 Likes

but also need to beware of vulnerabilities, where there is usage, there are hackers

Ed Sim@edsim@elonmusk reminds me of early days of open source, going to need verified skills along with auto scanning of any calls to skills - check out this report from @snyksec 🤯 read rest here: [snyk.io/blog/toxicskil…](https://snyk.io/blog/toxicskills-malicious-ai-agent-skills-clawhub/) 5:34 PM · Feb 6, 2026 · 18.7K Views2 Replies · 3 Reposts · 45 Likes

autonomous infrastructure from Vercel

Guillermo Rauch@rauchgWe've reached an all-time high of 87.6% autonomous resolution rate on @vercel support cases. Best part: people truly love it. Even when the AI can't help, the overall UX is better (we auto-fill the ticket form). Last week I had my "CEO supports day". It's now clear to me that: 9:48 PM · Jan 31, 2026 · 145K Views54 Replies · 34 Reposts · 805 Likes

great overview of where we are in robotics - visit to China who is by far the leader

Sourish Jasti@SourishJasti1/ General-purpose robotics is the rare technological frontier where the US / China started at roughly the same time and there's no clear winner yet. To better understand the landscape, @ZoeyTang_1007, @intelchentwo, @vishnuman0 and I spent the last ~8 weeks creating a deep dive 10:04 PM · Feb 1, 2026 · 780K Views65 Replies · 251 Reposts · 1.74K Likes

while crypto markets are obliterated, the tech actually delivering real value - $4.6B stablecoin settlement volume, up 4.6x from just September 🤯

Omar@TheOneandOmsyAt earnings, Visa disclosing their stablecoin settlement volumes now up to $4.6 billion run-rate, up ~4.6x from just September and ~18x from the start of the yearOmar @TheOneandOmsyInteresting excerpt from the GS conference: Visa stablecoin settlement volumes now up to ~$1b run-rate, up 4x from earlier this year Direct stablecoin settlement lets Visa's partners bypass traditional bank/fiat rails for instant 24/7 settlement on the network. I.e. issuers10:33 PM · Jan 30, 2026 · 123K Views37 Replies · 56 Reposts · 523 Likes

Gartner’s 6 Cyber Trends for 2026

AI and quantum computing are reshaping cybersecurity. Here’s the short version:

Agentic AI is outpacing security. Unmanaged AI agents are creating new attack surfaces faster than teams can track them.
Regulators are coming for leadership. Boards and execs face personal liability for compliance failures.
Post-quantum prep starts now. Current encryption could be cracked by 2030. “Harvest now, decrypt later” attacks make migration urgent.
Identity systems weren’t built for AI agents. Access management needs a rethink for autonomous systems.
AI SOCs help but hurt. AI-powered security ops boost efficiency while creating staffing and skills gaps.
Security training is failing. 57% of workers use personal GenAI for work. Generic awareness programs can’t keep up.

Bottom line: AI is both the biggest threat and the biggest tool in cyber right now.

Markets

earlier this week with a little bounceback after this post on Friday but wow - the direction is clear

Shay Boloor@StockSavvyShaySaaSpocalypse 2026 Drawdown from highs: • $FIG −83% • $HUBS −71% • $MNDY −70% • $TEAM −68% • $ESTC −56% • $NOW −53% • $RBRK −50% • $CRM −47% • $APP −47% • $ZS −46% • $WDAY −45% • $DDOG −42% • $SNOW −40% • $SHOP −37% • $NET −33% • $CRWD −26%3:26 PM · Feb 4, 2026 · 225K Views74 Replies · 183 Reposts · 1.37K Likes

we need to keep up with China - must read on China’s genius plan

Zijing Wu@zijing_wuHere’s the full version in print, available in our weekend edition as well as the FT Magazine. The earlier free link no longer works as too many have used it.Zijing Wu @zijing_wuHow has China systematically built a vast pipeline of AI talent? My debut feature in FT Magazine explores the pivotal education program behind this achievement, weaving in some personal reflections. China’s Genius Plan https://t.co/MUZTIDaw6g4:39 AM · Feb 1, 2026 · 101K Views17 Replies · 222 Reposts · 900 Likes

incredible story and growth 🧵

ElevenLabs@elevenlabsioWe raised $500M at an $11B valuation to transform how people interact with technology. 2:00 PM · Feb 4, 2026 · 10M Views1.18K Replies · 395 Reposts · 3.92K Likes