A crypto startup bet on its own fundraise on Polymarket, got caught, and apologized—revealing exactly why prediction markets need walls between players and the game. P2P.me's team placed bets on Polymarket 10 days before their fundraise went live, wagering their own raise would succeed
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A dishwashing robot just hit unicorn status, and the real story isn't the valuation—it's what investors are betting comes after the dishes. Sunday Inc. raised $165 million at a $1.15 billion valuation to build home robots that clear tables, load dishwashers, and do laundry
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Private equity just got a public market, and it's not on the NYSE. xStocks tokenized the Fundrise Innovation Fund, a closed-end fund holding private stakes in Anthropic, Databricks, and SpaceX
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Bitcoin's risk profile just flipped the script on traditional portfolio theory, and it happened while everyone was watching oil prices. Oil price surge drives inflation expectations higher, forcing markets to reprice Fed rate cuts with 40% odds of zero cuts in 2026
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Jensen Huang called AGI while the best models on Earth can't crack what a human child solves in seconds. ARC-AGI-3 benchmark launched the same week Nvidia's CEO declared artificial general intelligence achieved. Google's Gemini scored 0.37%. OpenAI's GPT-5.4 managed 0.26%. Humans score 100%.
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OpenAI just killed its video model after seven months because burning compute to make AI-generated videos of Will Smith eating spaghetti doesn't pay the bills. OpenAI scrapped Sora, its video-generation app, reversed ChatGPT video plans, and wound down a $1 billion Disney deal in a single day
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SoftBank just borrowed $40B from Wall Street's biggest banks with no collateral, and the repayment timeline tells you exactly when OpenAI is going public. JPMorgan and Goldman Sachs extended a 12-month unsecured loan to SoftBank for $40 billion, one of the largest such facilities ever structured
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The AI boom is choking on its own success, and SK hynix just threw $14 billion at the problem. SK hynix is planning a US IPO that could raise $10-14 billion to build more high-bandwidth memory capacity for AI chips.
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Arm just stopped being Switzerland in the chip wars. Meta and OpenAI committed to buying Arm's first AI server chip, marking Arm's pivot from IP licensor to hardware manufacturer The CPU is designed to handle AI workloads more efficiently than GPUs, targeting data center infrastructure
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A company that's barely two years old and builds software for robots is about to be valued higher than most industrial manufacturers. Physical Intelligence is raising $1 billion at an $11 billion valuation, with Founders Fund, Lightspeed, and Thrive participating
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Physical Intelligence, the two-year-old robotics startup staffed by ex-DeepMind researchers, is raising $1 billion at an $11 billion valuation, and the only question that matters is whether they've actually solved embodied AI or just convinced investors they will.
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OpenAI just killed Sora after six months, and the real story isn't that it failed, it's what comes next when AI companies stop chasing novelty and start chasing revenue. OpenAI shut down Sora, its AI video generation app and API, after launching just six months ago in September
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SoftBank just borrowed more money than most countries see in a year to buy a piece of OpenAI. SoftBank secured a $40 billion bridge loan to finance its OpenAI stake, the largest such loan on record
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Tether just hired the auditors it's spent years avoiding. Tether has hired KPMG for its first full independent audit of USDT reserves, ending years of opaque attestations that never qualified as real audits
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Anthropic is eyeing a Q4 IPO at a $60 billion valuation while shipping Claude Mythos, and the timing tells you everything about the AI infrastructure race. Anthropic is in discussions for a Q4 2026 IPO with bankers suggesting a $60 billion raise
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Retail investors just sold Nvidia for the first time in eight months, and it wasn't because of chips. Retail investors sold Nvidia stock Wednesday for the first time since July, breaking an uninterrupted buying streak through the company's rise to largest S&P 500 market cap
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The best VCs are closing deals on the mat now, and if you think that's about Jiu-Jitsu, you're missing the point. The Information profiled 15 rising VC partners poised to become general partners, revealing how deal-making has fundamentally changed
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Anthropic is eyeing an October IPO, turning the AI foundation model race into a public market showdown. Anthropic is considering going public as soon as October 2026, racing OpenAI to the public markets
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Anthropic might IPO by Q4 2025 at a $60B+ valuation, and the timing tells you everything about where we are in the AI race. Anthropic executives are discussing a potential IPO as soon as Q4 2025, with bankers expecting a raise north of $60 billion
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OKX just told the entire crypto industry that valuation theater is over. OKX won't rush its IPO despite hitting a $25 billion valuation through its NYSE parent company deal. An exec warned that poorly timed public listings damage the entire crypto industry's credibility.
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