The SpaceX IPO, Apple Rebuilds Siri & Anthropic Releases Fable 5

Join us as Claire Zau and Josh Machiz discuss one of the most powerful AI model ever released to the public (now with brakes built in), Apple rebuilding Siri with help from Google's Gemini, and SpaceX opening for trading in the largest IPO in history. Plus a quiet milestone with loud implications, as AI agents now generate more web traffic than actual people.

Lightspeed co-founder Ravi Mhatre joins to talk founders, AI cycles, and what he looks for that typically won’t show up in a pitch deck. This week’s episode closes with three deals we believe are worth knowing. Beacon raised $225M to buy everyday software businesses and rebuild them with AI, Sandstone landed $30M to become the operating system for in-house legal teams, and A Security came out of stealth with $37M to take on weaponized AI.

Chapters

0:00 Welcome to Lightwork

3:30 This Week in AI & Tech Headlines

4:15 Claude Fable 5 Release

13:33 SpaceX: The Largest IPO in History

23:14 Apple's AI Reset at WWDC

30:39 Agent Traffic Passes Humans Online

40:45 Guest Interview: Lightspeed Co-Founder Ravi Mhatre

41:50 What Success Looks Like In A Founder?

44:29 Picking Winners On An Exponential Curve

48:44 Enterprise Trust Is The Moat

52:10 What Still Excites Him After 30 Years

53:43 Ravi on Lightspeed Entering New Media

56:37 Deal Breakdowns

58:47 Final Thoughts and What's Coming Next

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