FUNDRAISING ANNOUNCEMENTS

• Grace Lee's Intelligence raises seed from Index to build a 5.6M-user design arena that trains AI on human creative preferences

GUEST INTERVIEWS

• Allocate CEO Samir Kaji warns of private market disconnect as $500M rounds flow to companies smaller than Airtable
• Quinn Emanuel wins Ninth Circuit reversal for Perplexity in landmark AI agent access case against Amazon
• Kaizen launches Pentagon counter-drone marketplace, built in nine weeks from blank slate
• Cognition hires Art Levy as VP of Global Partnerships, targets one acquisition per week as it scales Devin worldwide
• FCC Chairman Brendan Carr explains the humanoid robot import ban, space internet fast-tracking, and new national security lab checks

NEWS

• Bending Spoons acquires Airtable for $1.3B — a fraction of its $11.7B peak valuation
• Snap beats Q2 estimates with 19% revenue growth and $316M subscription quarter
• OpenAI fires back at Apple's trade secret lawsuit, revealing Apple employees asked departing engineer to access old files
• BMW's Spider-Man in-car banner ad sparks backlash — but community notes reveal opt-in reality
• SpaceX Q1 2026 earnings: $7.8B revenue (up 92% YoY), but AI segment now bigger than rocket launches