Modern venture capital has transformed into an unchecked oligarchy, or "Cancer Capital", where mega-firms managing $50B+ live off fees and shift risk elsewhere (Anil Dash)

Meta released Muse Spark 1.3, claiming a major boost in coding and agentic task performance at the same price as Spark 1.2, and announced upcoming “Watermelon” model and open-weight releases. Google launched Gemini 3.8 Flash, priced at $0.75 per million input tokens and $3.75 per million output tokens through year-end, touting superior benchmark results. Meanwhile, G20 members unanimously adopted the non-binding Carolina Principles, a US-proposed framework for lighter-touch, sector-specific AI regulation.