Microsoft Azure, every mention

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every year anyone Harry Stebbings 28Jason Lemkin 9Tomasz Tunguz 3David Cahn 3Aravind Srinivas 3Zach Lloyd 2Rory O'Driscoll 2Raz Herzberg 2Jeff Seibert 2Hemant Taneja 2

Verbatim, from the transcripts: the passages where Microsoft Azure comes up

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How to Build Your Own Data Center & Why Every Startup Should Do It Sep 5, 2026 · 2 mentions

  • ▶ 3:05 Cliff Weitzman You know, Azure or AWS, maybe it'll cost me 3.5 dollars per hour. 2 times in the scene

ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern Aug 31, 2026 · 1 mention

Should American Enterprises Work With Open-Source Chinese Models? | Only 10% of Neo-labs survive Aug 29, 2026 · 1 mention

  • ▶ 50:15 Eno Reyes And so now they've moved towards more concretely expressing, one, that we support all AI developers and Azure should be a place for inference on Anthropic and OpenAI and open models most importantly.

OpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic Aug 9, 2026 · 1 mention

  • ▶ 6:21 Alex Atallah And like, why doesn't Google or Amazon or Azure run around and like buy up all the GPUs and,

Will Open-Source Threaten Anthropic's Business & Do Margins Matter in a World of AI | Matt Murphy Jul 27, 2026 · 1 mention

The Open-Source AI Reality | How Token Costs Will Fall 10X & Usage Will Explode 100X | Lin Qiao Jul 20, 2026 · 1 mention

  • ▶ 1:05:41 Harry Stebbings Is it like a cloud market where you have obviously Azure, AWS, GCP, or is it an Uber and a Lyft where one takes 90% and the others kind of fight for scraps?

Open Models vs Frontier Models: Who Actually Wins? | The $100K Token Budget Every Engineer Will Need · 20VC with Harry Stebbings Jul 4, 2026 · 1 mention

  • ▶ 29:22 Harry Stebbings Do you think it's like an Uber lift market or do you think it's an AWS, Google Cloud, Azure market?

Coinbase Cuts AI Spend by 50% | Kalshi's $40B Valuation & Impending IPO | The Year for SaaS Roll-Ups · 20VC with Harry Stebbings Jul 2, 2026 · 6 mentions

  • ▶ 36:07 Jason Lemkin I think stepping back for a minute, I think what is troubling is Microsoft guiding that Azure growth is decelerating. 6 times in the scene

Perplexity CEO: Micron Will Be More Valuable Than Meta & How Export Controls Helped Not Hurt China · 20VC with Harry Stebbings Jun 15, 2026 · 2 mentions

  • ▶ 47:08 Aravind Srinivas Providers of OpenAI models, be it Bedrock or Azure or OpenAI themselves.
  • ▶ 59:41 Aravind Srinivas Like when we started perplexity, we had like around 200,000 dollars worth of Amazon credits and GCP credits and Azure credits.

OpenAI vs Anthropic vs Open-Source | Token Maxing, AI Hangovers & The Coming ROI Reckoning · 20VC with Harry Stebbings Jun 13, 2026 · 1 mention

SpaceX Launches Largest Ever IPO | OpenAI Files to Go Public | Uber Cuts 23% of HR · 20VC with Harry Stebbings Jun 11, 2026 · 2 mentions

  • ▶ 1:12:23 unnamed speaker Like Azure was never as good as AWS, but it was good enough for most of their corporates. 2 times in the scene

Cerebras CEO on the Future of Data Centres, Token Costs & Memory | Should US Companies Sell to China · 20VC with Harry Stebbings May 26, 2026 · 1 mention

  • ▶ 11:49 Andrew Feldman I think, um, I, I think they're, they have created a dependence, which is probably not healthy, but I, I think the truth is, is that what, what AWS and Azure offer is extremely useful for most enterprises.

Anthropic's Raise & What It Means for Potential IPO? Mag7: Google & Amazon Up, Meta & Microsoft Down · 20VC with Harry Stebbings May 7, 2026 · 1 mention

  • ▶ 14:05 Rory O'Driscoll But if you take out, um, you know, Co-Pilot growth and Azure growth, the rest of the business is flat to slightly down.

Anthropic Raises $45B but Falls Short on Compute & Thoma Bravo Hand Back Medallia Keys to Creditors · 20VC with Harry Stebbings Apr 30, 2026 · 1 mention

  • ▶ 8:27 unnamed speaker So, so my mental model remains at the three way oligopoly, just like cloud is a three way oligopoly with, you know, Google Cloud, Amazon and Azure, right?

Aaron Levie: Everyone is Wrong; We'll Have More Developers in 5 Years · 20VC with Harry Stebbings Apr 20, 2026 · 2 mentions

  • ▶ 48:00 Aaron Levie Azure had just launched, and GP, and GCP was called Google App Engine, and it had a little, like, a turbine logo, uh, with, like, wings or something. 2 times in the scene

The Early Days of Anthropic & How 21 of 22 VCs Rejected It | The Four Bottlenecks in AI | Anj Midha · 20VC with Harry Stebbings Apr 14, 2026 · 2 mentions

  • ▶ 12:40 Anjney Midha Because the context, the mission-critical context of those workloads is so important to be run locally that you can't run them on Amazon, AWS, GCP, or Azure, and it's the first time
  • ▶ 18:29 Anjney Midha This was very legible to Amazon because they were watching what was happening with Azure and open AI.

Why You Need a $1B Fund To Do Series A | SpaceX at $2TRN & Data Centers in Space | Groq's $20BN Deal · 20VC with Harry Stebbings Mar 26, 2026 · 1 mention

  • ▶ 40:57 Harry Stebbings And I was like, fuck, if, if Sequoia and Azure are buying thirty-five million bucks, I'll put in some of my money.

Anthropic vs The Pentagon: Who Wins? | OpenAI's $110BN Mega Round | Cursor Hits $2BN in ARR · 20VC with Harry Stebbings Mar 5, 2026 · 3 mentions

  • ▶ 1:11:02 unnamed speaker I mean, all you have to do is look at Azure's market share in cloud, where for 20 years, the value proposition, having said in millions of board, not millions, but tens of board meetings where we've talked about, you know, we're running on… 3 times in the scene

OpenAI's Codex Lead: Why Coding as We Know It is Over · 20VC with Harry Stebbings Feb 21, 2026 · 1 mention

  • ▶ 43:24 Harry Stebbings And like the majority of the market will be on Codex or Claude Code, or is it like a AWS, Azure, Google Cloud, and a 33, 33, 33?

The SaaS Massacre: Public Market Collapse |Microsoft Lost $360B & NVIDIA’s $100B Dispute with OpenAI Feb 5, 2026 · 5 mentions

  • ▶ 48:33 unnamed speaker Maybe miss Azure growth by one percent, 37 versus 38, all within a margin of error. 5 times in the scene

Legora CEO, Max Junestrand: $7M ARR in a Day | Harvey vs Legora: Is a Legal AI Winner Takes All? · 20VC with Harry Stebbings Jan 26, 2026 · 1 mention

a16z's David George on the Most Controversial Bet at a16z & Do Margins and Revenue Matter in AI? · 20VC with Harry Stebbings Dec 15, 2025 · 1 mention

  • ▶ 47:46 David George And so, you know, I think it's one of those cases where similar to cloud, like if you could own all of AWS, Azure and GCP as independent companies,

20Growth: How Wiz Built a $30BN Brand in Enterprise | What Worked vs What Was a Mega Failure: Lessons Learned | Why Marketers Make the Worst CMOs & What To Look for in Growth with Raaz Herzberg Dec 12, 2025 · 2 mentions

Anthropic Raises $30B from Microsoft & NVIDIA & NVIDIA’s Core Business Faces TPU Threat · 20VC with Harry Stebbings Nov 27, 2025 · 2 mentions

  • ▶ 1:16 Harry Stebbings Pushing valuation to three hundred and fifty billion with commitments for thirty billion dollars in Azure Compute. 2 times in the scene

Benchmark's GP, Everett Randle on Why Mega Funds Will Not Produce Good Returns · 20VC with Harry Stebbings Nov 10, 2025 · 2 mentions

  • ▶ 26:19 Harry Stebbings And then you look at Google Cloud, you look at Azure, and you look at AWS, and you're going, wow, maybe the best business in the world is a commodities business, to your point. 2 times in the scene

OpenAI Restructuring: Who Wins and Who Loses & Mercor Raises $350M at a $10BN Valuation · 20VC with Harry Stebbings Oct 30, 2025 · 1 mention

  • ▶ 6:03 unnamed speaker They got some a significant going forward contract for Azure business if they want it, which we can come back to.

Sequoia Partner, David Cahn on Who Wins in AI, Defence & The New $0–$100M Playbook · 20VC with Harry Stebbings Oct 27, 2025 · 1 mention

  • ▶ 16:10 Harry Stebbings Are three of the best businesses, not commodity businesses, in the form of Google Cloud, AWS, and Azure?

20VC: The Startup Adding $1M ARR Every Week | Competing Against OpenAI's Codex and Claude Code: Who Wins | Why Gemini is Failing and GPT-5 Is Winning | Do Margins Matter in a World of AI | The Ugly Truth About AI Coding with Zach Lloyd, Warp Oct 17, 2025 · 2 mentions

  • ▶ 40:18 Zach Lloyd It might look like G cloud, AWS, Azure level competition, or it might look like actually like open source, like database competition. 2 times in the scene

Cerebras CEO, Andrew Feldman on Why Raise $1BN and Delay the IPO & Why NVIDIA’s Worried About Growth · 20VC with Harry Stebbings Oct 6, 2025 · 1 mention

  • ▶ 47:31 Andrew Feldman OpenAI used, uh, Azure, a hundred percent infrastructure for years, and Anthropic has used a combination of AWS and Google.

Groq Founder, Jonathan Ross: OpenAI & Anthropic Will Build Their Own Chips & Will NVIDIA Hit $10TRN · 20VC with Harry Stebbings Sep 29, 2025 · 1 mention

  • ▶ 2:01 Jonathan Ross And one of the best examples of the value that's coming from the spend, Microsoft in one quarter deployed a bunch of GPUs, and then announced that they weren't going to make them available in Azure because they made more money using them…

General Catalyst CEO, Hemant Taneja: Lessons Scaling GC to $40BN in AUM · 20VC with Harry Stebbings Sep 22, 2025 · 2 mentions

Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This · 20VC with Harry Stebbings Sep 18, 2025 · 2 mentions

  • ▶ 46:29 unnamed speaker We have some business with them as a hosting provider for Azure. 2 times in the scene

20Growth: Meta CMO Alex Schultz on How All Founders Have to Change Their Marketing Playbook in a World of AI | Is AI Plateauing, What it Means if China Wins the AI Race and Why Zuck is a Generational Leader Sep 5, 2025 · 2 mentions

Anthropic Raises $13BN & OpenAI Buys Statsig for $1.1BN All Stock · 20VC with Harry Stebbings Sep 4, 2025 · 1 mention

  • ▶ 56:27 unnamed speaker Cause like, I mean, big, big picture that the cloud business pre AI, you know, AWS, Microsoft, Azure, and Google, you know, plus or -152 hundred billion of total revenue, right?

Figma's 250% Pop - The Greatest IPO Mispricing Ever? Meta & Microsoft Blowout Quarters: Broken Down · 20VC with Harry Stebbings Aug 7, 2025 · 1 mention

  • ▶ 1:04:04 unnamed speaker So what Satya's done, inviting, you know, inviting Sam Altman back in, doing the deal, managing the deal, investing, doing this kooky deal to buy 49% of OpenAI, investing all in on Azure for AI.

20Sales: $0-$3.7BN: The Databricks CRO's Playbook to Build the Fastest GTM Engine in SaaS History | How Databricks Beat Snowflake | How To Build a Sales Org of 5,000 and Close $190M Deals with Ron Gabrisko Aug 4, 2025 · 1 mention

  • ▶ 59:12 unnamed speaker But AWS and Azure are kind of neck and neck.

Why Apple Needs a Management Overhaul & Why Google is Catching Up with Hyperscalers · 20VC with Harry Stebbings Jul 31, 2025 · 2 mentions

  • ▶ 43:49 unnamed speaker Microsoft was number two because they could lever over into the Azure. 2 times in the scene

a16z GP, Martin Casado: Anthropic vs OpenAI & Why Open Source is a National Security Risk with China · 20VC with Harry Stebbings Jul 28, 2025 · 1 mention

20Growth: The Death of Growth Teams? | How Hubspot Use AI to Triple Email Conversion | The Future of AI SEO | Why Prompt Engineering is the New Coding | What Every CMO Needs to Know About AI in 2025 Jul 11, 2025 · 1 mention

Fiverr CEO & Founder, Micha Kaufman: "If You’re Not Adapting to AI, F* You. You’re Done!" · 20VC with Harry Stebbings Jun 9, 2025 · 1 mention

  • ▶ 50:16 Micha Kaufman But, but is it really different than, um, you know, the AWS Azure and like how many, how many, how many cloud providers are?

20VC: ElevenLabs Head of Growth on Why You Do Not Need PMs | The 7-Part Launch Playbook That Gets 700K+ Views Per Product | The Truth About CAC, Payback & Performance Marketing in AI with Luke Harries May 23, 2025 · 2 mentions

Rippling vs. Deel Lawsuit: WTF Happens Now? The Future of the Late Stage Private Market · 20VC with Harry Stebbings May 22, 2025 · 1 mention

  • ▶ 1:15:02 Rory O'Driscoll I don't have a developed opinion, but no, they're the anchor tenants of the AI economy, just as Amazon, Azure, and whatever Google, Google Cloud were kind of the anchors of the cloud economy.

Bucky Moore @ Lightspeed Venture Partners: Why You Cannot Do VC If You Do Not Do Pre-Seed · 20VC with Harry Stebbings May 5, 2025 · 1 mention

  • ▶ 7:14 Bucky Moore Amazon, Microsoft, Azure, and Google were rising, like which companies would survive that, right, as they were starting to get into multi-product.

20Growth: Inside Kraken's $1.5BN Growth Playbook: What Works, What Doesn't and What No Founders Understand About Growth That Will Change Their Company with Mayur Gupta Apr 25, 2025 · 2 mentions

George Sivulka, Co-Founder & CEO @Hebbia: The Future of Foundation Models | E1250 · 20VC with Harry Stebbings Jan 22, 2025 · 1 mention

  • ▶ 43:55 Harry Stebbings Why does it not follow the same vein as cloud, where cloud is commoditized, but Azure, Google Cloud, AWS, I mean, completely commoditized, to be honest, cloud, but it's fucking great business for them.

Dan Gill, CPO @Carvana: The Most Wild Story in Public Markets | E1243 · 20VC with Harry Stebbings Jan 8, 2025 · 1 mention

Daniel Dines, UiPath CEO & Founder: Why Agents Do Not Mean RPA is F*** | E1240 · 20VC with Harry Stebbings Dec 18, 2024 · 1 mention

  • ▶ 6:47 Harry Stebbings Do you think we will continue to live in a world of many models which are specialized in many different areas, or do you think there will be one or two monolithic models similar to what we have in cloud today with AWS, Azure, Google Cloud?

Bret Taylor: Why Pre-Training is for Morons & Companies Will Build Their Own Software | E1209 · 20VC with Harry Stebbings Oct 2, 2024 · 1 mention

  • ▶ 13:52 unnamed speaker So Amazon web services, Azure, Google cloud services like that there's tool makers.

Aidan Gomez: What No One Understands About Foundation Models | E1191 · 20VC with Harry Stebbings Aug 19, 2024 · 1 mention

  • ▶ 30:56 Harry Stebbings I think everyone realizes now that cloud is the cash cow that keeps on giving when you look at kind of the continuing growth rates and profitability of Azure and Google Cloud and everything in between, and actually you'll just see the…

David Cahn: Why Servers, Steel and Power Are the Pillars Powering the Future of AI | E1186 · 20VC with Harry Stebbings Aug 5, 2024 · 3 mentions

  • ▶ 9:11 David Cahn Microsoft, Amazon, and, and, and, uh, and, and Microsoft Azure and Google now represent seven trillion dollars of market cap.
  • ▶ 11:54 David Cahn That's the business that Azure, Google and, uh, and, uh, and AWS control is the same size as the entire SaaS sector.
  • ▶ 24:21 David Cahn Microsoft has a cash machine called Azure.

Jason Lemkin: Crowdstrike, WTF Happens From Here? Wiz Rejects Google’s $23BN Acquisition Offer|E1181 · 20VC with Harry Stebbings Jul 24, 2024 · 2 mentions

  • ▶ 3:39 Jason Lemkin We, we saw growth decelerate through 2021, and then boom, like, the amount of acceleration we've seen at Google Cloud and Azure is, is breathtaking, and so what do you do as a leader? 2 times in the scene

Cameron Adams: How Canva Builds Products: Lessons Learned, What Works? What Flopped? | E1179 · 20VC with Harry Stebbings Jul 19, 2024 · 2 mentions

  • ▶ 20:10 Cameron Adams I think it'll look very similar to what cloud-based infrastructure looks like now in terms of AWS, Google Cloud, Azure. 2 times in the scene

Reid Hoffman: The Future of TikTok and The Inflection AI Deal | E1163 · 20VC with Harry Stebbings Jun 10, 2024 · 1 mention

Aravind Srinivas:Will Foundation Models Commoditise & Diminishing Returns in Model Performance|E1161 · 20VC with Harry Stebbings Jun 5, 2024 · 1 mention

Tom Blomfield: Do the Best All Raise Pre-Demo Day & YC's Fundraising Advice to Startups | E 1152 · 20VC with Harry Stebbings May 13, 2024 · 1 mention

  • ▶ 46:47 Tom Blomfield It's like how, you know, GCP versus AWS versus Azure, they kind of do this, you know, it's like different things,

Arthur Mensch: Open vs Closed - Who Wins and Mistral's Position | E1146 · 20VC with Harry Stebbings Apr 29, 2024 · 2 mentions

  • ▶ 18:06 Arthur Mensch Uh, and that's the reason why we, we deployed our platform on Azure and AWS, for instance, that is bringing the security layer that they need.
  • ▶ 23:12 Harry Stebbings Given Nvidia's prominence there and Nvidia being the one where the gains are, as you mentioned, is bluntly one of the single most important things, not simply the quality of your relationship with the core provider being Azure or being…

The Ultimate AI Roundtable: What Happens Now in AI, Why Google are Vulnerable | E1085 · 20VC with Harry Stebbings Nov 24, 2023 · 2 mentions

  • ▶ 10:54 Tomasz Tunguz So in web two, if you take the top three clouds and you look at their market cap, so AWS, GCP, and Azure, it's about a 2.1 trillion dollar market 2 times in the scene

Jeff Seibert: Why OpenAI Will Become an Infrastructure Play | E1085 · 20VC with Harry Stebbings Nov 22, 2023 · 2 mentions

  • ▶ 30:36 Jeff Seibert If you go back 10 years, they were like, I would never put stuff on AWS or Google Cloud or Azure or whatever.
  • ▶ 39:45 Jeff Seibert Uh, I would be very nervous about the OpenAI Azure partnership, and of course, Meta just made a big deal about partnering with Microsoft as well, so I think you're right.

Des Traynor: How to Survive and Thrive in a World of OpenAI | E1082 · 20VC with Harry Stebbings Nov 15, 2023 · 1 mention

Guillermo Rauch: Why Great Companies are Defined by How Many Things They Say No To | E1069 · 20VC with Harry Stebbings Oct 6, 2023 · 2 mentions

  • ▶ 1:00:07 Guillermo Rauch You're like, oh, I'm using Vercel for this little thing here to like host this, but I'm using Asher here and Google here.
  • ▶ 1:03:49 Guillermo Rauch Azure is a Linux-first cloud, as opposed to a Windows Server-first cloud, right?

Miles Grimshaw: The 5 Pillars of Venture Capital & Why Co-Pilot is an Incumbent Strategy | E1061 · 20VC with Harry Stebbings Sep 18, 2023 · 1 mention

  • ▶ 4:41 Miles Grimshaw and, you know, Azure spend, they classify and all of the cloud SaaS, like 10 to like 300, 303 154 hundred, I forget the latest number.

Jason Lemkin: Every VC has a FRAUD in their portfolio; The IPO market is about to EXPLODE | E1046 · 20VC with Harry Stebbings Aug 9, 2023 · 1 mention

Tomasz Tunguz: How I Raised $230M; ChatGPT vs. Google; How LLMs Work; Trump vs DeSantis | E1004 · 20VC with Harry Stebbings Apr 21, 2023 · 1 mention

  • ▶ 30:59 Tomasz Tunguz So in web two, if you take the top three clouds and you look at their market cap, so AWS, GCP, and, um, uh, Azure, it's about a 2.1 trillion dollar market cap just for the cloud businesses.

20Growth: Five Signs of Top Growth Talent and How to Detect Them, How to Structure and Conduct the Most Efficient Customer Discovery Process & The Framework to Determine Your North Star and When To Change it with Darius Contractor, Former VP Growth @ Airt May 18, 2022 · 2 mentions

  • ▶ 1:55 Harry Stebbings The platform provides founders with free resources like Azure credits, development tools like GitHub, mentorship resources, productivity software, training, and so much more.
  • ▶ 50:30 Harry Stebbings The platform provides founders with free resources like Azure credits, development tools like GitHub, mentorship resources, productivity software, training, and so much more.

20VC: The Memo: Chris Sacca on Why We Are Breeding a Generation of Entitled Assholes, Harley Finkelstein on What Great Fatherhood Really Means, Deena Shakir on How Kids Make You a Better Investor and Anne Wojcicki on How Children Change Your Approach to R May 4, 2022 · 2 mentions

  • ▶ 0:42 Harry Stebbings The platform provides founders with free resources like Azure Credits, development tools like GitHub, mentorship resources, productivity software, training, and so much more.
  • ▶ 34:20 Harry Stebbings The platform provides founders with free resources like Azure Credits, development tools like GitHub, mentorship resources, productivity software, training, and so much more.

20VC Exclusive: Fast's Domm Holland on What Really Happened at Fast? Were they really Burning $10M per Month? Where did Bolt Succeed Where Fast Did Not? What is It Really Like To Have Stripe Invest in your Company? Apr 13, 2022 · 2 mentions

  • ▶ 0:45 Harry Stebbings The platform provides founders with free resources like Azure Credits, development tools like GitHub, mentorship resources, product
  • ▶ 27:04 Harry Stebbings The platform provides founders with free resources like Azure Credits,

20VC: MongoDB CEO, Dev Ittycheria on Why Sometimes You Have To Be Inefficient To Be Effective, The 2 Different Types of Decisions and How Great Leaders Respond To Each & Why Value To Overhead Ratio Is The Metric To Use When Selecting Investors Aug 10, 2020 · 1 mention

  • ▶ 21:30 Dev Ittycheria And three, we believe that it was important to support the three major cloud providers, not just run on one particular cloud, but we support Amazon, Google, and Azure.

20VC: Inside The World's Leading Crypto Fund, The Future Exit Environment for Crypto Assets & The Beauty Of Benevolent Dictatorship with Olaf Carlson-Wee, Founder @ Polychain Capital Dec 11, 2017 · 1 mention

  • ▶ 13:51 Olaf Carlson Wee So for example, with Filecoin, you could look at Amazon Web Services, Microsoft Azure, and Dropbox, say, and add that all up and see what's kind of the current addressable market for Filecoin.
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