John Ternus takes the helm at Apple, as AI pressure hits
After 15 years as CEO, Tim Cook stepped aside, replaced by longtime executive John Ternus. As my colleague…
To get into Anthropic right now, you need at least $25 million. For OpenAI, it’s closer to $1 million.
The secondaries market offers a window into the most-watched-IPO horse race, perhaps ever, between OpenAI and Anthropic. Now,…
Stripe is giving off early Google vibes—for good and for bad
Good morning, it’s finance editor Jeff John Roberts pinch-hitting for Allie. Term Sheet readers of a certain age…
How Silicon Valley just might save America from the growing drone threat
Jeff John Roberts here. This drone threat is giving me the chills. Weeks after the FBI busted a…
87.5% of venture dollars went to AI. The rest fought over scraps
It’s an AI world and we’re all just living in it. PitchBook released its Q2 2026 U.S. VC…
Anduril’s Trae Stephens says defense tech is headed for a shakeout
Trae Stephens is adamant that you can’t be boring and innovate. What he means is that people who…
Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast
Anthropic was open about its confidential S-1 filing on Monday. The $965 billion AI juggernaut announced the filing—which…
The key disclosures missing from SpaceX’s S-1
The particular joy of an S-1 is that it cracks open a business long held close. So, when…
VC firm Ethereal has avoided the spotlight for 5 years—now it’s telling its story
Good morning, Jeff John Roberts here. Happy Star Wars Day to those who celebrate. The venture capital crowd,…
From robotics to AI agents, Jensen Huang’s GTC keynote was full of signals that startups can’t afford to ignore
Everyone wants to be there, and if you’re not there, you inevitably end up hearing about it. And…
What Anthropic’s too-dangerous-to-release AI model means for the AI race
Anthropic has a new product with a major catch—it’s too powerful to be released. For a company valued…
Elon Musk’s coterie of companies are getting more and more pushback from Democrats
Jessica Mathews here, filling in for Allie to give you a quick update on some recent reporting that…