Elon casts shade on Project Stargate, Marc Benioff mocks Microsoft’s deal with OpenAI, and New Balance dress shoes
What claim did Elon Musk make about the recent $500 billion investment in AI data centers? What is the class action lawsuit against LinkedIn alleging? Why might some shareholders of Divvy Homes not receive any payout from its $1 billion acquisition? What is Anthropic, and who recently invested a large sum of money in the company? What does the company Eleos use AI to do? What is Vertice, and what is its stated goal? What is the goal of the startup Addis Energy, and how much pre-seed funding did they recently raise? What is the stated mission of the startup Merit Systems? What are the main functions of AngelList and CoinList, and how are they partnering? What are some examples of "essential reads" mentioned in the newsletter? Elon Musk tweeted that the investors in the $500 billion AI data center deal, specifically SoftBank, do not actually have the secured funds to support that level of investment and called Sam Altman a swindler. He claimed SoftBank has far less than the stated amount secured. The class action lawsuit against LinkedIn alleges that the company trained its AI models on user messages without obtaining proper consent from its users. This implies a breach of privacy and potential misuse of user data. Some shareholders of Divvy Homes may not receive any payout because after repaying outstanding debt, transaction costs, and preferred shareholders, there may not be enough funds remaining to compensate common shareholders or holders of Series FF preferred stock. Anthropic is a five-year-old San Francisco startup developing AI systems focused on safety, alignment, and transparency. Google recently invested $1 billion in Anthropic. Eleos uses AI to assist mental health professionals by automatically creating session notes and providing insights from patient interactions to aid in their practice. This AI-driven support is designed to help them do their jobs more efficiently. Vertice is a London startup that helps businesses manage and reduce their spending on software and cloud services. It aims to optimize tech expenditures. Addis Energy is developing a method to produce ammonia using natural heat and chemical processes. The startup recently raised a $4.3 million pre-seed round. Merit Systems is developing a protocol to recognize and fairly compensate contributors to open-source software projects. The company is seeking to create a system to reward those who contribute their time and efforts to creating open-source code. AngelList connects startups with venture capitalists and angel investors. CoinList helps crypto entrepreneurs raise money. They are partnering to launch special purpose vehicles (SPVs) and crypto roll-up vehicles (RUVs). Some essential reads mentioned include the partnership between AngelList and CoinList, the story on professional gamers level-boosting scores, the third lawsuit against Scale AI for its alleged labor practices, and the website "OGOpenAI.com" being bought and redirected to DeepSeek. Analyze the current trends in venture capital funding as presented in the document. How are different sectors performing, and what factors might be influencing these trends?