Does Your CEO Have AI Psychosis? Aaron Levie Thinks Most of Them Do. | Equity Podcast

Why It Matters

The announcements highlight shifting economics in autonomous transport, fulfillment services, and AI compute, creating new investment opportunities and pressure on incumbents like Amazon and Nvidia.

Key Takeaways

• Whimo launches sixth‑gen Ohhigh robo‑taxi to replace Jaguar I‑Pace.
• Limited rollout begins in Phoenix, LA, and San Francisco this quarter.
• Whimo’s service suspensions highlight operational risks despite new vehicle.
• Stored raises $250 M, positioning as anti‑Amazon fulfillment alternative.
• Snowflake’s $6 B AWS CPU deal underscores growing AI demand for CPUs.

Summary

The Equity podcast episode dives into the latest developments in autonomous transportation and cloud‑AI deals, starting with Whimo’s unveiling of its sixth‑generation robo‑taxi, dubbed Ohhigh, and then moving to a series of funding announcements that could reshape e‑commerce fulfillment and AI infrastructure.

Whimo’s Ohhigh is built on a stripped‑down Jaguar I‑PACE platform, promising lower build and maintenance costs, a flat‑floor interior, and “gondola” doors for safer passenger entry. The company is piloting the vehicle in Phoenix, Los Angeles and San Francisco, using a classic slow‑rollout strategy while simultaneously dealing with service suspensions and recall notices that affect older fleets.

In the commerce space, Stored, founded by Georgia Tech alumni, secured $250 million at a $3 billion valuation, branding itself as the “anti‑Amazon” fulfillment provider that lets merchants retain customer relationships. Meanwhile, Snowflake struck a $6 billion agreement with AWS to run its workloads on Amazon’s new Graviton CPUs, signaling a shift from GPU‑heavy AI models to more cost‑effective CPU solutions. The episode also notes Open Router’s $113 million Series B led by Alphabet’s Capital G, positioning the startup as an AI gateway for emerging applications.

These moves illustrate how autonomous vehicle makers are racing to achieve profitability, while e‑commerce and AI players are diversifying infrastructure to reduce dependence on dominant platforms. Investors should watch Whimo’s scaling challenges, the competitive pressure on Amazon’s fulfillment monopoly, and the growing preference for CPU‑centric AI workloads as potential catalysts for market realignment.

Original Description

The people deciding that AI can replace your job are also the ones least likely to understand what your job truly involves, according to Box founder Aaron Levie, who pointed to this as an example of "AI psychosis.” Indeed, ClickUp recently cut 22% of its workforcefor AI agents, tech layoffs in 2026 are already nearly matching all of 2025, and DuckDuckGo installs are climbing from users who want Google to stop forcing AI into search and just give them links.

On this episode of TechCrunch's Equity podcast, Kirsten Korosec, Anthony Ha, and Sean O'Kane dig into what happens when the AI-pilled and the AI-skeptical are both right at the same time, plus three deals worth knowing about and Waymo's new robotaxi hitting the road.

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Chapters:

00:00 Intro

01:18 Waymo's new Ojai robotaxi

06:41 Stord raises $250M to take on Amazon fulfillment

12:46 Snowflake signs $6B deal with AWS

15:39 OpenRouter raises $113M Series B

20:07 The AI divide & anti-AI backlash

27:31 AI psychosis & how AI is reshaping headcount and hiring

37:04 Outro