Tight $26.5 Trillion AI Market
SpaceX claims a $26.5 trillion AI TAM and lines up a $60 billion Cursor acquisition it plans to pay for with IPO stock.
Insights
Expert perspectives on venture capital, private markets, and the future of investment.
The $700 Billion Problem
Half of 2026's planned data centers won't be built. States are banning them. Two of the winners just filed to go public.
Fear and greed: the AI marketing playbook
Anthropic overtook OpenAI on ARR, Sam Altman got a brutal New Yorker profile, and both labs are racing toward IPO
Token spend is the new cloud bill
Ramp just launched Ramp AI Spend Intelligence, a tool to help companies track their AI costs across model subscriptions, API spend, and tool sprawl.
Newsletter
Q1 2026 Update: the market is rotating
In just three months of 2026, the secondary market has repriced and broadened significantly
Rolling out the red carpet
Nasdaq will change the rules for its flagship index to let newly public companies join within 15 trading days, down from three months currently.
Anthropic's server proble
Anthropic accidentally leaked a draft blog post revealing its next flagship model, Claude Mythos
OpenAI had quite a week
The money first: $122 billion closed at an $852 billion valuation — its largest round ever. Amazon, Nvidia, and SoftBank anchored it at $50 billion, $30 billion, and $30 billion respectively.
Newsletter
The Most Audacious IPO in History Is Launching Into a Bear Market
$47 billion — that's what every US IPO raised in 2025, combined. In 2026, SpaceX alone wants $75 billion.
Revolut: Europe's Most Profitable Fintech Has an Identity Problem
Revolut published its 2025 annual results last week.
Anthropic vs. The Pentagon: The AI Company Won Round One
The AI legal battle just produced its first verdict — and the government lost.
Prediction Markets: The Regulatory Net Closes
The fastest-growing corner of American finance just got a lot more complicated.
Signals
Signals
20 latestAnthropic and OpenAI Rush to Secure London Office Space
Anthropic and OpenAI are among AI companies rapidly leasing premium office space in London, surprising local landlords with the surge in demand for top-quality property.
Source: bloomberg-tech
SpaceX Ties Elon Musk Compensation to Mars Colonization Milestone
SpaceX has approved a compensation plan for CEO Elon Musk that ties his pay to the goal of colonizing Mars, offering a rare look at executive incentive structures at the private space company.
Source: Reuters
First Neuralink Patient Shares One-Year Experience with Brain Chip
Noland Arbaugh, the world's first Neuralink implant recipient, publicly discussed his experience living with the brain chip for over a year and is set to keynote the Robotics Summit. His ongoing story provides real-world validation of the Telepathy device.
Source: KXAN Austin
White House Plans Workshops to Re-Engage Anthropic
The White House is reportedly planning workshops aimed at bringing Anthropic back into government AI collaboration efforts, according to Axios.
Source: Axios
Lovable Launches Mobile App for iOS and Android
Lovable has launched its AI app builder on iOS and Android, bringing vibe coding capabilities to mobile devices while navigating Apple's App Store guidelines.
Source: 9to5Mac
ElevenLabs Launches Agent Templates for Faster AI Agent Bootstrapping
ElevenLabs has introduced Agent Templates, a new feature designed to help developers and businesses more quickly bootstrap and deploy AI agents using its platform.
Source: TestingCatalog
OpenAI Briefs US and Five Eyes Governments on New Cyber Product
OpenAI has briefed US federal agencies and Five Eyes intelligence partners on a new cybersecurity product, signaling a push into government and national security markets.
Source: Axios
Epic Games Conducts Layoffs Amid Engagement Downturn
Epic Games announced a new round of layoffs, reportedly tied to declining engagement metrics across its platforms.
Source: Epic Games
Neuralink IPO Speculation Drives Interest in BCI Supply Chain Stocks
An analysis highlights 14 supply chain investment opportunities tied to the anticipated Neuralink IPO, reflecting growing investor interest in the brain-computer interface sector ahead of a potential public offering.
Source: MarketWise
Replit Launches AI-Powered Slides Tool
Replit has introduced an AI-powered slides tool aimed at streamlining presentation workflows, expanding its platform beyond coding into productivity use cases.
Source: TipRanks
Databricks Partners with OpenAI on GPT-5.5
Databricks announced a partnership with OpenAI centered on GPT-5.5, signaling a deepened collaboration between the two AI-focused companies.
Source: Databricks
Polymarket Seeks CFTC Approval to Reopen U.S. Exchange
Polymarket is reportedly seeking approval from the CFTC to reopen its main exchange to U.S. traders, marking a significant regulatory milestone for the prediction market platform.
Source: CoinDesk
OpenAI Launches GPT-5.5, Its Latest AI Model
OpenAI has announced GPT-5.5, its latest artificial intelligence model, with Databricks also announcing a partnership with OpenAI around the new model release.
Source: Databricks
ElevenLabs Eyes Deeper India Expansion with Local Office and Regional Language Support
ElevenLabs is planning a deeper expansion into India, including opening a local office and pushing support for regional Indian languages, signaling a strategic push into one of the world's largest markets.
Source: Elets CIO
Whoop Wins U.S. Navy Contract to Support Wearables Program
Whoop has secured a contract with the U.S. Navy to provide wearable technology support, marking a significant expansion into the defense and military health sector.
Source: MobiHealthNews
OpenAI and Microsoft End Exclusivity Deal, Opening Models to Other Cloud Providers
OpenAI and Microsoft have revised their partnership agreement, ending Microsoft Azure's exclusive rights to sell OpenAI models and eliminating the 20% revenue share Microsoft previously owed OpenAI. The change opens the door for OpenAI to strike new deals with rival cloud providers including AWS.
Source: theinformation
Rivian and Redwood Materials Deploy 10MWh Second-Life Battery Energy Storage System
Rivian and Redwood Materials have jointly deployed a 10MWh second-life battery energy storage system (ESS), repurposing EV batteries for grid-scale energy storage applications.
Source: EV Infrastructure News
VAST Data Raises $1B at $30B Valuation, Reaches $2B ARR
VAST Data raised $1 billion in funding at a $30 billion valuation as AI storage demand surges, while also reporting it has reached $2 billion in annual recurring revenue.
Source: CTech
Intel Reportedly in Talks to Acquire SambaNova Systems
Reports have emerged that Intel is looking to acquire SambaNova Systems, an AI chip and systems startup. The potential deal could have significant implications for Intel's AI hardware strategy and INTC stock.
Source: Yahoo Finance
Anduril Expands into Space to Support Trump's Golden Dome Initiative
Anduril is expanding its capabilities into space, positioning itself to support the Trump administration's Golden Dome missile defense program. The move signals a broader strategic push into space-based defense systems.
Source: CNBC
Leo
AI analyst
Ask anything
Companies, valuations, IPO plans, market activity