FUNDRAISING ANNOUNCEMENTS

• Refactor Capital's Zal Bilimoria closes Fund V at $50M as PathAI is acquired by Roche for $1B

GUEST INTERVIEWS

• Gusto crosses $1B in trailing revenue, eyes IPO and new products for solo founders
• Sweetgreen launches wraps at $10-$15, targets 5,000 US locations and eyes drone delivery
• Brian Chesky: Airbnb revenue growth accelerated from 10% to 18%, 60% of code now written by AI

NEWS

• Apple and Intel reach preliminary chip manufacturing deal, Intel shares surge nearly 20%
• SpaceX sells compute to Anthropic in surprise deal despite Musk's public attacks on the company
• DeepSeek raising $7B at $50B valuation — founder personally contributing $3B of the round

COMMENTARY

• US jobs beat and the K-shaped economy: AI sector soars while the real economy muddles through