FUNDRAISING ANNOUNCEMENTS

• SambaNova Systems closes $1B round at $11B valuation, targets enterprise on-prem AI inference
• Paradigm raises $1.2B fourth fund, expanding from crypto into all frontier tech

GUEST INTERVIEWS

• Prime Intellect raises $130M at $1B valuation to build open sovereign AI stack
• Ben Thompson on Xbox's twenty-year strategic failure and why a spinout is now inevitable
• Overland AI lands first-ever US military ground autonomy production contract worth $20M
• Will Mayer of Cold Holdings breaks down five pillars of cult brand building with Polymarket and Blueprint as case studies
• Tucker Brown launches Compound Creative Holdings to acquire and scale top creator businesses with permanent capital

NEWS

• Blue Origin raises $10B in first-ever outside funding at $130B valuation, with Coatue leading at $4B
• Apple scraps cheaper Vision Pro display, signals broader pivot to smart glasses
• Getty-Shutterstock $3.7B merger collapses after UK regulators demand sale of editorial business
• OpenAI launches GPT Live and GPT-5.6 Sol goes public this week
• Perplexity quietly building an AI coding tool codenamed Teammate to compete with Cursor and Codex