A Note From Ella ⭐

Hey friends, welcome back to What’s the Deal? Your weekly roundup of the latest and greatest stories in tech, venture capital, and capital markets. Today we’re switching it up a little, and the latest tech stories will be front and center.

Once again, I’m Ella, the voice behind this newsletter, and this week, Anthropic literally leaked their own code… and now it’s cloned all over GitHub. So… yeah. 🫣We’ll also be following some important news covered last week, including SpaceX’s IPO buzz and OpenAI’s acquisition of TBPN—but don’t worry, the new stories won’t disappoint. Let’s get into it.

More to read below 👇

TECH NEWS

Code Leak - Anthropic accidentally leaked 500,000 lines of their internal code, giving competitors a literal blueprint for building high-performing AI agents - 🔗

GPT’s Launch - GPT-6 has finished pre-training and is expected to launch as early as May–June 2026, though the exact date remains unconfirmed - 🔗

Social Upgrade - Meta launched Muse Spark, a social media-focused AI to enhance its apps while trying to catch up with competitors - 🔗

AI Exploits - Anthropic’s Claude Mythos Preview shows a leap in AI, autonomously finding and exploiting serious software vulnerabilities— bringing both heightened security risks and a new defensive potential - 🔗

Study Upgrade - Adobe launched Student Spaces, a free AI tool that turns study materials into flashcards, quizzes, and presentations - 🔗

RECENT DEALS

Biotech Bet - Pushing into healthcare and life sciences, Anthropic acquired a biotech AI startup: Coefficient Bio, for about $400M - 🔗

Media Control - OpenAI’s acquisition of TBPN is seen less as a move to support journalism, and more as a strategic move to control its public image and media narrative - 🔗

Mega IPO - SpaceX’s IPO could be the largest in history and may reshape markets by influencing valuations, investor behavior, and the future of mega-deals - 🔗

Chip Alliance - Intel is joining SpaceX and Tesla on Elon Musk’s Terafab project to build advanced AI chips, which pushed Intel’s stock up over 3% to around $52.28 yesterday - 🔗

Industrial AI - VC firm Eclipse raised a $1.3B fund to invest in and build “physical AI” startups that bring intelligence from software into real-world industries - 🔗

Valuation Spike - WHOOP, a health and fitness tech startup known for its wearable device that tracks recovery, just raised $575 million at a $10 billion valuation, nearly tripling its worth - 🔗

AI Robotics - Spirit AI, a robotics-focused AI startup, raised 1 billion yuan, bringing its monthly total to nearly 3 billion yuan as it accelerates robotics-focused AI development - 🔗

VENTURE CAPITAL NEWS

Pre-IPO Buzz - This podcast explores rising secondary market demand for SpaceX, OpenAI, and Anthropic ahead of potential IPOs - 🔗

Next-Gen VC - A new VC fund called Zero Shot, founded by former OpenAI employees, has raised an initial $20M toward a $100M goal and begun investing in AI startups while avoiding overhyped trends - 🔗

Hello! Thanks for reading our second-ever newsletter, and again, welcome to What’s the Deal?, the newsletter brought to you by Finta.

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Until next time,

Ella


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