I just found out about something interesting happening in the web development world. Vercel, the platform that many developers use to deploy their applications, is sending quite clear signals about a possible IPO. Its CEO, Guillermo Rauch, made it very clear last week at the HumanX conference in San Francisco: the company is already ready.

What really caught my attention is the number behind all this. Vercel’s annualized revenue skyrocketed from $100 million at the end of 2024 to $340 million just two months later. It’s a huge growth, and everything points to a culprit: AI agents. Rauch mentions that 30% of the applications deployed on Vercel now come from AI agents. Basically, AI is enabling anyone to build software, and all those projects need a place to live.

Vercel has been gaining traction steadily. Last September, they completed a $300 million Series F round led by Accel, giving them a valuation of $9.3 billion. The platform directly competes with giants like Cloudflare and AWS in infrastructure services, but they also have v0, their AI-powered website generation tool, which is quite distinctive.

The strange thing is that Rauch is being so direct about this now. Most tech startups have kept silent about their IPO plans lately, except for some like SpaceX, Anthropic, and OpenAI. But when asked how Wall Street should interpret Vercel, his answer was clear: the infrastructure market has expanded and has no ceiling.

That makes sense. If 30% of new applications come from AI generators, and that’s just the beginning, then Vercel is positioned at a pretty important inflection point. The demand for reliable deployment infrastructure is only going to grow from here.