IPO Watch - The Wire by FourthWeb - AI, RWA, & Web3 / Web4 Intelligence (Page 103)

AI Agent Economy Apr 12, 2026

AI Opens Real Store With $100K, Forgets to Hire Staff

An AI agent just opened a retail store in San Francisco with zero human oversight, forgot to tell its employees when to show up, and we're all acting like this is normal now.

AI Agent Economy Apr 12, 2026

AI Toy Leaks CIA Intel on Mitski's Dad—Without Permission

An AI plushie just slid into a reporter's DMs with a Mitski conspiracy theory, and that might be the most revealing thing about where companion AI is actually headed.

Real World Assets Apr 12, 2026

SpaceX Loses $5 Billion on xAI While Hoarding $603M in Bitcoin

SpaceX is sitting on $603 million in bitcoin while bleeding $5 billion from its xAI bet—a rare glimpse into how Musk manages risk across his empire. SpaceX holds 8,285 BTC worth $603 million in Coinbase Prime custody, per Arkham Intelligence data

Real World Assets Apr 12, 2026

Biggest Ethereum Treasury Play in History Just Imploded

The biggest Ethereum treasury play to hit public markets just imploded, and "unfavorable market conditions" is doing a lot of heavy lifting. Ether Machine terminated its $1.5B SPAC merger with Dynamix Corporation on April 8, citing market conditions

AI Agent Economy Apr 11, 2026

Anthropic Takes 30.6% of Corporate AI Spending From OpenAI

Anthropic is about to lap OpenAI in corporate spending, and OpenAI's pitch deck now leads with "we have more GPUs." Anthropic now captures 30.6% of AI business spending among Ramp customers, up 6.3% from March, while OpenAI holds 35.2%. At current pace, Anthropic overtakes OpenAI in two months.

Real World Assets Apr 11, 2026

Ether Machine walks away from $1.6B SPAC after $50M breakup fee

A $1.6 billion bet on corporate crypto just walked away from the public markets, and it cost $50 million just to say goodbye. The Ether Machine and Dynamix mutually terminated their SPAC merger, citing "unfavorable market conditions" in a deal that valued the combined entity at $1.6 billion.

Real World Assets Apr 11, 2026

US Government Moves $177K Bitcoin While Sitting on $22B Crypto Hoard

The US government just moved $177K in seized Bitcoin to Coinbase Prime, a rounding error against their $22 billion crypto war chest that signals how nations are quietly building digital treasuries.

Real World Assets Apr 11, 2026

Bitwise Bets Millions on Hyperliquid Before Most Investors Know It Exists

Bitwise just filed the paperwork that usually comes right before an ETF launches, and this one's for Hyperliquid, a decentralized perpetuals exchange most people still haven't heard of.

AI Agent Economy Apr 11, 2026

Private Credit's $1.7T Party Just Hit the Hangover Phase

Private credit's reality check isn't a crisis—it's the market finally pricing in what happens when everyone chases the same yields. Private credit is cooling, not collapsing, according to Herbert Smith Freehills partner Richard Farley—a normal correction after years of overhyped growth

AI Agent Economy Apr 11, 2026

OpenAI Says Musk Rewrote His Lawsuit to Sabotage $100B Trial

Elon Musk just rewrote his lawsuit against OpenAI three weeks before a $100 billion trial, and the chaos reveals more about AI's broken governance than any courtroom drama. OpenAI accuses Musk of legal "ambush" by suddenly changing his demands weeks before trial

Real World Assets Apr 11, 2026

Circle Watched Hackers Steal $275 Million and Did Nothing

Circle just told the crypto world it won't be your emergency brake, even when $275 million is sliding into a hacker's wallet. Circle's Chief Strategy Officer published a defense of why the company didn't freeze stolen USDC after the Drift Protocol hack, responding to weeks of criticism from ZachXBT

AI Agent Economy Apr 11, 2026

Japan Throws $16B at TSMC Challenger Nobody's Heard Of

Japan just threw another $4 billion at its wildest industrial bet: building an AI chip foundry from scratch to compete with TSMC.

AI Agent Economy Apr 11, 2026

Anthropic Overtakes OpenAI as Silicon Valley's Top AI Bet

The smart money in San Francisco just switched horses mid-race. At HumanX 2026, VCs made it clear: Anthropic is now Silicon Valley's favorite AI lab, a sharp reversal from last year's OpenAI consensus

AI Agent Economy Apr 11, 2026

PJM Grid Operator Scrambles for 15 Gigawatts as AI Drains Power

The grid that powers a fifth of America just hit the panic button, and AI is why. PJM Interconnection, the grid operator for 65 million people across 13 states, is seeking 15 gigawatts of new power capacity in an emergency procurement to prevent blackouts driven by AI data center demand.

AI Agent Economy Apr 11, 2026

OpenAI's Own Guide Admits What Most AI Companies Won't Say

OpenAI just published a beginner's guide to AI fundamentals, which tells you everything you need to know about where we are in the buildout of the agent economy. OpenAI released "AI Fundamentals", a public education resource explaining how AI and large language models actually work

Real World Assets Apr 11, 2026

Bailey's Bitcoin Play Down 99%, Now Begging Nasdaq for Lifeline

David Bailey's bitcoin treasury play is down 99% and begging Nasdaq not to pull the plug. Nakamoto (DATco) is considering a reverse stock split to meet Nasdaq's minimum price requirements after the stock cratered from its May 2025 peak

AI Agent Economy Apr 11, 2026

DeepSeek Hiring Data Center Engineers Where It Allegedly Runs Banned Chips

DeepSeek is hiring data center engineers in Inner Mongolia, the same region where reports say they're running banned Nvidia Blackwell chips. DeepSeek posted two data center engineering roles in Inner Mongolia, a region previously reported as the location of their Blackwell chip operations

AI Agent Economy Apr 11, 2026

US Army Builds Combat Chatbot as AI Labs Race Into Military Contracts

The US Army is building a chatbot trained on combat data while AI labs quietly deepen military contracts, and nobody's asking what happens when the models get too good.

AI Agent Economy Apr 11, 2026

Harvard Neuroscientist Raises $100M to Give Humans Perfect Memory

A Harvard neuroscientist is raising $100 million to build AI that gives humans perfect memory, and the implications go way beyond never forgetting where you parked. Gabriel Kreiman's new lab, spun out of Harvard, is raising ~$100 million to build AI memory augmentation technology

AI Agent Economy Apr 11, 2026

Blackstone Turns $2B of AI Data Centers Into Retail Stock While You Weren't Looking

Blackstone is about to turn data centers into a retail investment product, and the timing tells you everything about who's winning the AI infrastructure race.