FUNDRAISING ANNOUNCEMENTS

• Elorian raises $55M seed to build multimodal visual reasoning models — where current AI performs at preschool level
• Luminai raises $38M Series B to automate health system back-office operations — hits 90% on-prem pass rate
• Xona Space Systems raises $170M Series C and opens San Francisco satellite factory to build GPS alternative
• Chapter raises $100M Series E after hitting $100M ARR in 2.5 years — with only 30 people on staff
• Enclave raises $6M seed to find critical code vulnerabilities using LLMs — backed by Aaron Levie and Mark Benioff

GUEST INTERVIEWS

• Breaking Points' Saagar Enjeti says data center backlash is a bubbling political force — and tech should stop the fear-based marketing
• Bloomberg's Joe Weisenthal upgrades his odds that Adam Back is Satoshi Nakamoto after re-reading the NYT investigation
• Binance founder CZ on his memoir, crypto's future, and why he's come to peace with never knowing who Satoshi is

COMMENTARY

• Andy Jassy's shareholder letter makes the case for Amazon's AI bet and $200B CapEx cycle
• OpenAI's 'Spud' model clarified as separate from its cybersecurity product — but the gating debate continues