FUNDRAISING ANNOUNCEMENTS

• BRINC Drones raises $125M, led by Motorola Solutions, to put 911 response drones on police and fire station rooftops

GUEST INTERVIEWS

• Numerai founder Richard Craib: Situational Awareness's mistake was volatility, not leverage
• Trae Stephens on Anduril's Arsenal One factory, Thunder autonomous attack helicopter, and defense tech overhype

NEWS

• Big Tech earnings: Microsoft surges 16% in a day, Amazon hits $200B revenue, Meta slides on CapEx

COMMENTARY

• Leopold Aschenbrenner's LP letter: down 67% in July, still up 80% YTD, fund survives
• OpenAI's cheapest model Luna slashes costs; GPT-5.6 Sol triples ARC-AGI v3 score with API config fix