FUNDRAISING ANNOUNCEMENTS

• Stord raises $250M at $3B valuation to build the physical intelligence layer for commerce
• OpenRouter raises $113M as AI inference becomes the biggest software market — and multi-model routing its backbone

GUEST INTERVIEWS

• Pope Leo XIV's AI encyclical: a Catholic writer unpacks the pope's message to Silicon Valley
• Eric Ries on 'Incorruptible': why corporate governance is the most important decision a founder will make

COMMENTARY

• Ferrari's $640K Jony Ive-designed electric Luce: a confused product at the wrong price
• Enhanced Games debut disappoints: without national pride or visible records, the concept falls flat
• Diary of a CEO's alcohol abstinence clip goes viral, sparking debate about performance culture and podcasting