Dry Powder

Venture capital's fund structures were not built for the trillion-dollar era

Energy

Big Tech is building a shadow grid

Bits

Apple's $1B AI toll booth

State

The best drone killer in the world exists — the Pentagon won't buy it

Atoms

Amazon bets the phone is still the future

State

Trump's AI framework tells states to stand down

Bits

The Metaverse is no more

Atoms

Can Elon's Terafab actually work?

Dry Powder

Brett Adcock bets $100M that personal AI needs its own body