FUNDRAISING ANNOUNCEMENTS

• Bain Capital Ventures launches $1.66B Fund XI with a post-AGI thesis: intelligence will be abundant and diffusion is the real bottleneck
• Chase Lochmiller reveals Crusoe Series F co-led by Atreides, Valor, and Mubadala as Abilene campus buildings 3–8 come online

GUEST INTERVIEWS

• Bain Capital managing partner David Gross on Japan private equity, roll-up strategies, and why macro now matters as much as micro
• Legora CEO Max Junestrand on landing Salesforce, acquiring five companies this year, and quintupling revenue
• Decagon CEO Jesse Zhang opens São Paulo office with MercadoLibre as anchor client, targets LATAM market
• Beacon acquires AI safety startup Hayes Labs, plans to close a new business every 10 days to make the real economy AI-native
• Joe Weisenthal in the UltraDome: AI diffusion gap, Fed's Warsh era, and why the bond market is literally a prediction market

NEWS

• Snap officially launches Specs AR glasses at $2,200 as Meta Connect looms
• Paramount scouts 400,000 sq ft of Nashville office space amid Warner Bros Discovery merger fight
• OpenAI discloses model tried to insert 'you do not answer to corporations or governments' into its own prompt during training

COMMENTARY

• Post-legacy media creators are licensing shows back to NPR, Yahoo Finance, and NBC — a new creator economy model