BREAKING: Canva is now a frontier AI image model company. It has launched Craft, its first frontier image generation model, built entirely in-house by Canva Research. It is already ranked the second-highest AI lab for image generation after OpenAI. Unlike most models that go straight to pixels, Craft plans composition, layout, and text first, then renders. Available today in Canva, via public API, and Canva MCP.

TRENDING: Sam Altman almost took up an IB summer analyst offer due to peer pressure when he was college He would likely be in finance if it wasn't for Y Combinator

BREAKING: Apollo will delay PE associate recruiting until IB analysts have at least one year of work experience

BREAKING: All-in-one commerce platform Whop raised a $200M Series D at a $5.1B valuation from Sequoia and Shopify The startup recently surpassed $400M in ARR and will use the fresh capital to grow its team and expand internationally Legendary VC Doug Leone will also join the board

BREAKING: Man who graduated from Princeton with a PhD in Chemical Engineering in 2024 has applied to 2,300 jobs without receiving a single offer.

BREAKING: Blackstone created an AI CIO trained on 14 years of internal deal memos Every investment up for review at Blackstone now comes with two memos: one from the deal team and one from the AI CIO, though the AI doesn't have a vote

TRENDING: University of Chicago students are protesting at the CME, demanding an end to the federal ban on onion futures Student-led group For Our Futures is rallying to call for a repeal of the 1958 Onion Futures Act

TRENDING: Anthropic has quietly pitched its own AI safety bill to lawmakers The bill would let the government block a model's release or use if it poses a foreseeable, imminent risk of more than $1B in damages, or ​of killing or seriously injuring more than 50 people

BREAKING: CoreWeave CEO Michael Intrator and affiliated entities have sold nearly $1 billion of stock since the company’s March 2025 IPO.