Apple’s John Ternus will run one of the world’s most powerful companies; the job is a minefield
Apple’s top job comes with almost unrivaled power and money, but it comes with plenty of baggage, too.
The 12-month window
A lot of AI startups exist partly because the foundation models haven’t expanded into their category yet. As many jokingly acknowledge, that won’t last forever.
Once close enough for an acquisition, Stripe and Airwallex are now going after each other
For most of its life, Airwallex and Stripe have mostly operated in different geographies, selling to different buyers. That’s changing.
New leaders, new fund: Sequoia has raised $7B to expand its AI bets
The fundraise is the first major capital raise under Sequoia’s new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.
Physical Intelligence, a hot robotics startup, says its new robot brain can figure out tasks it was never taught
The new model, called π0.7, represents what the company describes as an early but meaningful step toward the long-sought goal of a general-purpose robot brain.
Airwallex is about to take on Stripe and the rest of the payments industry — in the physical world
Airwallex, valued at $8 billion, is launching a point-of-sale product that lets businesses accept in-person payments in multiple countries via a single platform.
Anthropic’s rise is giving some OpenAI investors second thoughts
One investor who has backed both companies told the FT that justifying OpenAI’s recent round required assuming an IPO valuation of $1.2 trillion or more — making Anthropic’s current $380 billion valuation look like the…
Unpacking Peter Thiel’s big bet on solar-powered cow collars
Why did Founders Fund invest $220 million in cattle management startup Halter?
Anthropic is having a moment in the private markets; SpaceX could spoil the party
Glen Anderson, president of Rainmaker Securities, says the secondary market for private shares has never been more active — with Anthropic the hottest trade around, OpenAI losing ground, and SpaceX’s looming IPO poised to reshape…
Anthropic is having a month
A human really borks things at Anthropic for the second time this week.