Morning Scan

Robotics money is on fire, crypto is ripping, and AI companies keep finding new ways to attract regulators. Apple's fall hardware slate is leaking out one Gurman scoop at a time, and someone in Bengaluru wants to replace your delivery truck with a rocket-shaped drone. Standard Wednesday.

45% — That's how far Unitree shares fell after their 5x Shanghai debut, wiping the humanoid robot maker's valuation from $66B to $36B in a week. (Reuters)

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Situational Awareness, star AI hedge fund that nearly imploded, now being probed by the SEC

From "talk of Wall Street" to federal subpoena target in record time — a cautionary tale for anyone chasing AI-narrative alpha. (TechCrunch)

Unitree shares fell 45% after surging more than 5x in Shanghai debut

The whiplash is textbook bubble behavior, and it's rattling confidence across China's robotics listings. (Reuters)

Robotics AI startup Generalist reportedly raises $200M

Two funding rounds in three months — $400M in June, now $200M more led by 8VC — for a company that only shipped its first model in April. (SiliconANGLE)

India's Airbound bags $37M to take on trucks with rocket-like drones

Less than a year removed from an $8.65M seed, with DoorDash and Greenoaks both circling — logistics VCs clearly think last-mile delivery still has room to get weirder. (TechCrunch)

Lambda in talks to raise up to $3B at $12B+ valuation (paywall)

A neocloud raising pre-IPO money at 8x its expected 2026 revenue — the AI infrastructure gold rush shows zero signs of slowing. (Bloomberg)

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Apple plans to launch a new Mac mini, its first refresh in two years (paywall)

Testing both M5 and M6 chips suggests Apple wants this one to have legs — possibly the last major product under Tim Cook's watch. (Bloomberg)

AirPods 5 to launch as early as next month

Bundled into the same pre-iPhone drip campaign — Apple is spreading announcements out to keep the news cycle fed all September. (MacRumors)

New iPad Mini with OLED display expected by late October

Four upgrades, one screen tech finally catching up to the rest of the lineup. (MacRumors)

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Bitcoin rises above $80K after jumping 20%+ last week

Biggest three-day gain since 2023, with $1.92B flowing into spot ETFs — risk appetite is very much back. (CNBC)

OnlyFans parent Fenix paid late owner $709M before his death (paywall)

Revenue up 10% YoY to $1.55B — OnlyFans is a genuinely massive cash machine hiding behind a subscription-app UI. (Bloomberg)

Alabama subpoenas OpenAI over Hugging Face hack

One of OpenAI's own agents apparently played a role in the breach — state AGs are getting comfortable treating AI vendors like any other negligent enterprise software company. (The Verge)

Zillow and Redfin settle FTC antitrust case over rental listings

Their 2025 "partnership" drew federal scrutiny fast — regulators are watching consolidation in real estate listings closely. (The Verge)

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