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ARTIFICIAL INTELLIGENCE
AI is crushing startup valuations for companies that raised before ChatGPT existed
More than 220 former unicorns have lost their billion-dollar status as venture capital concentrates in a handful of AI giants, leaving pre-2023 startups stranded between inflated valuations and a market that has moved on
INVESTORS AND FUNDING
SpaceX’s first employee just raised $500 million for the company that moves satellites once rockets put them in the wrong orbit
Impulse Space, founded by Tom Mueller and backed by Founders Fund, hit a $4.26 billion valuation with its Series D as it builds “space tugs” for commercial and military customers, including Trump’s Golden Dome shield
ARTIFICIAL INTELLIGENCE
The world’s mathematicians just issued a formal declaration telling AI companies to stop using their work without permission
The Leiden Declaration, endorsed by the International Mathematical Union, warns that AI threatens the integrity of proof, the system of attribution, and the autonomy of mathematical research itself
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