FUNDRAISING ANNOUNCEMENTS

• Zanskar Geothermal raises $115M to find hidden geothermal resources using AI-driven exploration
• VAST Data raises $1B at a $30B valuation after 10 years building AI infrastructure for hedge funds, AI labs, and hyperscalers

GUEST INTERVIEWS

• Adobe president Anil Chakravarthy on customer experience orchestration, the SEMrush close, and competing in the AI creative tools era
• Build Forever launches Extra, an AI-powered personal email app that reimagines the inbox as a 'for you' feed
• AngelList launches USVC, a public venture fund open to anyone with a $500 minimum investment
• Gradient Ventures GP Darian Shirazi: 'I'm bullish on Salesforce puts' — why SaaS is in jeopardy and where AI-era seed investing is heading

NEWS

• SpaceX partners with Cursor in a landmark deal: $60B acquisition option or $10B in nondilutive capital
• China backs orbital data center startup with $8.4B in credit lines in major space computing push