FUNDRAISING ANNOUNCEMENTS

• Paraform raises $40M to build a universal agentic hiring platform beyond tech into legal and defense
• Edra exits stealth with $30M from Sequoia, automating enterprise workflows by watching employees work
• RunSybil raises $40M to automate offensive security, founded by OpenAI's first security hire

GUEST INTERVIEWS

• Carl Eschenbach returns to Sequoia as the AI era demands operator wisdom at portfolio companies
• Jim Cantrell on founding Phantom Space, co-founding SpaceX, and the rise of orbital AI inference
• GV's Tom Hulme: 35% of the world's AI researchers are in Europe, and 80-90% of GV's deals are AI
• Mark Cuban on AI agents replacing SaaS, humanoid robot skepticism, and Cost Plus Drugs scaling
• Alex Konrad on building Upstarts Media: service journalism for founders and the scoop economy

NEWS

• Cursor launches Composer 2, its own frontier coding model at 50¢ per million tokens
• Apple on pace to top $1B in AI app store revenue despite having no AI strategy of its own
• Fal.ai in advanced talks to raise $300–350M at $8B valuation as annualized revenue hits $400M
• Jeff Bezos in talks to raise $100B AI manufacturing fund dubbed Project Prometheus
• Uber invests $1.125B in Rivian and plans to deploy 50,000 R2 robotaxis