🌝 To the moon: Bitcoin has been on a bit of a tear this week, hitting a new all-time high today at $118,900. Some industry analysts think that if it reaches $150,000, it could set off a buying frenzy.
💰 AI mania: Startup Cognition just landed a notable customer for its AI coding agent Devin — Goldman Sachs. The financial giant is looking to use Devin to augment its workforce of more than 12,000 human developers and plans to roll out "hundreds of instances of Devin."
💵 New fund just dropped: Sarah Smith Fund, a new VC firm by, yes, Sarah Smith, just raised $16 million for its first fund. The solo GP said that while she thinks company building requires a team effort, she believes early-stage investing is best done by a solo investor.
🤗 Talking bots: On today's episode of Equity, the hosts dig into Hugging Face's release of its Reachy Mini open source desktop robots. The hosts also dug into Linda Yaccarino's exit from X, how Rivian's micromobility spinoff raised $200 million, and more.
