Yesterday, @rileybrown oneshotted a working Replit clone with Fable. He used @daytonaio for sandboxing and @convex for db. I'm not one of those people who say you can replace entire companies with a $200 subscription. But I don't really see the point in paying for Lovable or Replit anymore, either.

BOOM *OpenAI Considers Drastic Price Cuts, Anticipating Costly War For Users With Anthropic -- WSJ

German robotics companies are starting to put Europe on the map for physical AI. FT reports NEURA Robotics has secured $1.4B at a ~$7B valuation for humanoid and cognitive robotics. Backing includes: Tether, Qualcomm, Amazon, Nvidia, Bosch, Schaeffler and the European Investment Bank. According to the release, NEURA wants to scale humanoid robot production capacity from 6,000 units this year to tens of thousands next year, with a longer-term target of producing millions of AI-powered robotic arms and humanoids by 2030. It also reports a >$1B order book for its robots, including humanoids. NEURA is not the only German robotics capital story either. Agile Robots is reportedly in talks to raise around $800M, with SoftBank discussing a $300M contribution, for a business spanning industrial arms, warehouse robots and humanoids. This surfaced June 2. On the defence-autonomy side, Helsing was reported in May to be nearing a $1.2B round at an ~$18B valuation, while Stark was reported last week to be in talks to raise €300M at around €2.5B. The structural reason is not hard to see: Germany has deep industrial automation, automotive supply chains, precision manufacturing and defence rearmament tailwinds.

"Subscription pricing hasn’t been a key battleground among AI providers in the U.S. until now — and that shift has serious consequences for the broader market, suggests Chi-Hua Chien, co-founder and managing partner at Goodwater Capital, a consumer-focused venture firm in the Bay Area. Chien sees Monday’s announcement as the next salvo in what he calls the commoditization era for AI infrastructure, pointing to Google’s structural advantages — vertical integration, massive distribution, the ability to bundle — as precisely the kind of force that’s likely to erode margins for purer-play AI providers over time." buff.ly/3Y78lg6

ICEYE raises over one billion euros at a EUR 10.5 billion valuation — Finland gets its third decacorn tesi.fi/en/press-release/ice…

Hay que reconocer que son los mejor situados para validar la idea de computación en el espacio en poco tiempo. La mitad del valor de la IPO depende de que esto funcione

Venture Capital's Fourth Turning: "One of the clearest post-excess hangovers is valuation. Startups have no fundamental correlation to their valuations. The age of excess has established a modicum of mental rot where valuation is a clearing price, with no bearing on a summation of economic value creation potential."

"We could be facing a tsunami": Finance ministry convenes emergency meeting with tech leaders. Industry warns that the strong shekel is eroding profits and shortening startup runways. calcalistech.com/ctechnews/a…

In every human endeavor one person gets the big prize and everyone else has to figure out how to live with not getting it. Anthropic is going public, and a lot of people are wrestling with that reality right now. If you had a chance to be involved, as an investor or an employee, and didn't take it, you're likely going through one of three reactions. 1. You tell yourself there's another one coming. That’s Cope. There isn't. A company that goes from zero to a trillion in five years is a once-in-a-decade outcome. Don't make your plans around finding the next one. 2. You're so psychologically damaged by missing this that you need to go home and can't play. There are going to be a lot of people who do that. 3. You deal with it. You say I wish I’d been involved, I wish I invested, I wish I joined, but I didn’t. And then you get on with the rest of your life. Just because you didn’t win the big prize doesn’t mean there aren’t other prizes to be won.