Top 5 Stories

  • The World Bank urged developing economies to quickly adapt existing AI tools for local government and business needs, positioning adoption as a lever against persistently weak growth. — Bloomberg

  • Anthropic reportedly agreed to buy $10B in Norwegian computing capacity from Nvidia-backed cloud startup Volta over six years, a blockbuster commitment to a months-old infrastructure provider. — Bloomberg

  • Apple sought a preliminary injunction in its trade secrets lawsuit against OpenAI, arguing it will be “irreparably harmed” if the court does not intervene while the case proceeds. — 9to5Mac

  • The Trump administration finalized a voluntary framework letting the federal government test AI companies' powerful new "frontier" models for security vulnerabilities for up to 30 days before public release. — CBS News

  • AI infrastructure company Runware launched Sonic Inference Pod, its own modular data center, testing whether portable compute can offer a faster, more flexible way to deploy AI inference capacity. — TechCrunch

Top 5 Funding Announcements

  • Obsidian Security — The AI agent security startup raised an $85M Series D at a $1.1B valuation to expand its platform, though the lead investor was not disclosed. — Reuters

    HappyRobot — The AI platform automating freight operator communications raised a $150M Series C at a $1.2B valuation to expand its logistics automation business. — Fortune

    Polymarket — The prediction-market platform is reportedly in early talks to raise roughly $1B at a $20B-plus valuation, though no stage, lead investor, or use of funds was disclosed. — Bloomberg

    Volta — The AI cloud startup raised $300M at a $2.4B valuation, co-led by a16z and Altimeter, to build infrastructure supporting a $10B contract with an unnamed AI developer. — Bloomberg

    Valar Atomics — The nuclear energy startup raised a $1B round at a $6B valuation led by Sequoia’s Shaun Maguire to advance its technology after signing a development deal with Nvidia. — TechCrunch

A message from PayPal

PayPal - Built for payments, growth, and agentic. Paypal Open, built for all business. Visit Paypalopen.com to get started

Top Tweets

  • @PaulGraham said “The danger of selling to big companies, if you're a startup, is that they don't say no outright. They have months of meetings with you first. Since you hate meetings, that seems to you a sign of commitment. But it's not. They love having meetings! It's almost all they do,”

  • "Humanity is at peak knowledge, and peak ignorance with what AI will unleash. This makes it hard to know how to practically act: whether with confidence of knowledge or humility of ignorance," commented @BryanJohnson

  • Influencer @Husk’s latest “messing with AI” clip — in which he tries to convince a chatbot that he’s been swallowed by a whale (aka Pinocchio-maxxing) — has gone mega-viral across multiple platforms.

This Week in Startups

E2319: AI models can solve PhD-level math questions and code an app in minutes… So why does everything they design look like identical slop? Jason and Lon dive into this question, interviewing Thais Castello Branco (Founder of Taste Labs). PLUS, breaking news discussion on Leopold Aschenbrenner’s AI hedge fund liquidation, Google early AI generation misinformation factory, AI slop crackdown, and VC opinions on Ceuta border crisis!?

E2318: Jason’s BACK IN THE US (not USSR, just the US) and jumping right into a new VC roundtable. Along with guests Deedy Das, David Weisburd, and Lo Toney, the panel discusses the FCC’s decision to ban Chinese humanoid robots, the strategy behind OpenRouter’s potential sale to Stripe, the Indian startup market, DoorDash’s new in-house drone delivery business, and more.

E2317: Most lab-grown meat companies have already gone under, even those with a lot of funding and early buzz. Cultivated meat is expensive to produce, and so far, there’s little demand from consumers who fear the “mad science” connotations of growing tissue in a lab. But Japan’s IntegriCulture is still standing, in part because of an innovative deal with cosmetics companies that license their technology. Go deep on this little-discussed niche industry with IntegriCulture founder Dr. Yuki Hanyu.

TWiST Partner Offers

  • Northwest Registered Agent: Get more when you start your business with Northwest. In 10 clicks and 10 minutes, you can form your company and walk away with a real business identity — Learn more at www.northwestregisteredagent.com/twist

  • Odoo: The all-in-one business platform. Get started for free at Odoo.com/twist

  • Quo: Quo (formerly OpenPhone) gives you a clean, modern way to handle every customer call, text, and thread all in one place. Try it free and get 20% off your first 6 months at quo.com/TWiST.

Subscribe to Us On Your Favorite Podcast Platforms

SF Live-Work Space Now Available

Need a flexible living and working environment in San Francisco? This thoughtfully designed loft-style residence at 787 Bryant St., the heart of the vibrant SOMA district and the city’s creative hub, is now available for rent or purchase. Check the listing for more details.

The TWiST500 newsletter is the new, updated, and improved TWiST Ticker.

Keep reading