FUNDRAISING ANNOUNCEMENTS

• Air Street Capital closes $232M Fund III, becoming the largest solo-GP fund in Europe

GUEST INTERVIEWS

• ARC Prize launches ARC-AGI v3: a game-based agentic benchmark where AI scores less than 1% vs. humans at 100%
• San Francisco real estate is booming: median family home now ~$3M as AI liquidity floods the market
• Eric Jorgenson on 'The Book of Elon' and the Naval Almanack hitting 2 million copies sold
• PEAK6's Jenny Just and Matt Hulsizer on 28+ years without a losing year, the Apex FinTech turnaround, and their new startup incubator

NEWS

• OpenAI kills Sora as a standalone app, consolidating AI video into ChatGPT
• SpaceX reportedly aims to file IPO paperwork as soon as this week, with speculation of an April 20th listing
• Manus co-founders blocked from leaving China as government reviews Meta acquisition

COMMENTARY

• Is Benchmark the venture ship of Theseus? Debating whether the firm has earned forgiveness a decade after ousting Travis Kalanick