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US inflation jumps, though long-term war impact yet to be seen Hospitals consider replacing some radiologists with AI Amazon takes a jab at Nvidia over chips shift VCs step in to fund university upstarts Exclusive: Anthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed it Exclusive: AI powerhouses threaten data processing firms A South African artist is changing the way viewers understand Picasso’s Guernica Airbnb faces familiar battle in Cape Town First look at war-related inflation sparks political jostling View: China’s state businesses are reshaping markets in Africa US issues Nigeria travel warning over terrorism, kidnapping FirstRand exits UK business after regulatory hit Afreximbank’s $800M answer to Fitch Exclusive: Navy takes nuclear-powered sub offline after $800 million cost run-up Cuba leader says he will not step down Fed, Treasury summon Wall Street chiefs over AI fears How Bluesky earned its reputation — and why it could be the way of the future China eyes stronger Taiwan influence Orbán slams Hungary’s opposition as he trails in polls Iran war reshapes air travel, perhaps for the long term Tehran residents embrace calm amid tenuous truce Countries lack fiscal capacity to handle war fallout Higher producer prices ease China deflation fears Trump ‘optimistic’ on Iran peace talks Inside the five-year succession plan at a $130B warehouse giant Georges Elhedery on HSBC’s big bets on the Gulf and Asia Warsh’s Fed hearing slips past next week Moore takes on the Sun’s ‘MAGA billionaire’ and more Debatable: AI titans influencing regulation Americans still think taxes are too high, poll finds Lawmakers await Pentagon’s mystery funding request Semafor convenes largest US CEO gathering next week in Washington American Gen Zers are growing more uneasy about AI Amazon defends high AI spending AI turbocharges Chinese microdrama industry OpenAI pauses UK Stargate project UK rejects Iran’s Hormuz toll plan Israel, Lebanon to hold direct talks 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‘I’m the IPO guy’: serial entrepreneur Marc Lore on his plan to take Wonder public
Liz Hoffman · 2026-05-05 · via Semafor

Marc Lore became a dealmaking legend by selling two e-commerce startups for top dollar. Diapers.com to Amazon and ecommerce startup Jet.com to Walmart. He says he’s done with that.

“I’m the IPO guy now!” said Lore, who plans to take his $7 billion food-delivery startup, Wonder, public in 2028. “We’ll be ready to go in 11 months.” It’s an unusually specific marker for a CEO — a lot can go wrong in startup land — and shows Lore is eager to rewrite his résumé and show that he can make food delivery, long a wasteland of venture capital, into a profitable standalone business.

As part of his plans for Wonder, which owns Grubhub and Blue Apron, Lore said he has a goal of opening 10,000 ghost kitchens by 2040.

He expects to launch a tool by the end of the year that allows influencers to vibe code their own restaurant concepts from a single AI prompt. The influencers take a cut while driving customers to Wonder at little acquisition cost — a financial killer for previous delivery apps.

It’s also testing the use of AI to tailor customers’ meals based on a service that comes to your house, draws your blood, and checks your biomarkers to see what kind of nutrition you need.

“Every meal I eat when I’m not eating at a restaurant is AI directed,” he said. “It tells me exactly what to eat.”

Right now, Wonder is delivering food through 100 ghost kitchens across nearly a dozen states with the help of robots that slice vegetables, prepare rice bowls, and keep labor costs down. The locations use the Infinite Kitchen technology that the company bought from Sweetgreen in 2025 for $186 million, but Lore has plans to automate much more than chopping and mixing.

By the end of the year, Lore expects to launch a tool that allows influencers to vibe code their own restaurant concepts from a single AI prompt, which will design the menus and then Wonder makes and delivers the food. The influencers take a cut while driving customers to Wonder at little acquisition cost.

In addition to Wonder, Lore talks about why he didn’t even try to negotiate when he bid for the Minnesota Timberwolves — for which, unlike Mark Cuban, he has no regrets — and his plans for Telosa, a futuristic city he wants to build that he thinks could replace capitalism’s worst tendencies.