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Top stories today: - Anthropic launches $100M AI fund together with Menlo Ventures
- TSMC's net sales +40% YoY to NT$ 673.5B ($20.6B) in Q2
- Cybersecurity startup funding +144% YoY to $4.2B in Q2
- T-Mobile ranked fastest internet provider in U.S., most states
- Harris flips Biden on betting odds after he catches Covid
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0. Data and calendar |
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/bf7191e5-9704-4521-a829-d7f82f1478da/Screenshot_2024-07-18_at_12.12.27_PM.png?t=1721297607) | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
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![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a6796c52-c16d-4d8d-999f-2d852ec100fe/Screenshot_2024-07-18_at_11.02.41_AM.png?t=1721294446) | All times are ET. |
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1. Anthropic launches $100M AI fund together with Menlo Ventures |
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2. TSMC's net sales +40% YoY to NT$ 673.5B ($20.6B) in Q2 |
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4. Cybersecurity startup funding +144% YoY to $4.2B in Q2 |
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5. T-Mobile ranked fastest internet provider in U.S., most states |
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6. Harris flips Biden on betting odds after he catches Covid |
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Biden says he could step down if "there was some medical condition." Schumer, Jeffries, Pelosi privately warn Biden against running. Adam Schiff, running for U.S. Senate, calls on Biden to drop out. Trump shooter had been reported as suspicious 1 hour before shooting. J.D. Vance's connections to Silicon Valley, PayPal Mafia: a look at.
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7. Interesting videos, posts, and memes |
![YouTube video by David Rubenstein](https://i.ytimg.com/vi/VPWD0MpUBuM/maxresdefault.jpg) | Bloomberg Wealth: Philippe Laffont |
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![YouTube video by Second Time Founders Podcast](https://i.ytimg.com/vi/jZwsLoP6-8E/maxresdefault.jpg) | E68 Delian (Varda Space) on raising / running cap-ex heavy company, founders look different today |
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![YouTube video by 20VC with Harry Stebbings](https://i.ytimg.com/vi/aV861JuP7rg/maxresdefault.jpg) | Pedro Franceschi: What Brex Needs to do to be a Public Company | E1178 |
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8. Other headlines |
AI |
Llama 3's multimodal models won't be launched by Meta in EU, for now. OpenAI launches Prover-Verifier Games to improve legibility of AI outputs. Microsoft Designer app arrives for iOS, Android. Apple says OpenEML doesn't power its AI amid YouTube controversy.
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Tech |
Figma raises money at $12.5B, as ARR is at $700M. Human Interest raises $267M at $1.33B. NASA scraps $450M VIPER moon cover over budget concerns.
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Tech & law |
DWAC's former CEO sued by SEC over alleged securities fraud. EU probing Google's AI deal with Samsung, asking rivals for input. Google, Microsoft help Chinese firms access NVIDIA chips. Meta suspends generative AI tools in Brazil.
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Biotech |
Roche's oral GLP-1 leads to 7% weight loss in 1 week. Novartis's sales +9% to $12.51B, profit guidance up. Asceneuron raises $100M to advance tau Alzheimer's drug into Phase 2. Psilocybin's effects on brains: a visual look at. Ani VC raises $35M fund for pet longevity. BioXtek working on regenerative therapeutics from human birth tissue.
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Crypto |
Vitalik argues against choosing political alliances based on who is pro-crypto. Polygon to swap MATIC token into POL starting Sep. 4. Virgil Griffith's sentence over North Korea visit reduced from 63 to 56 months.
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World |
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