What’s News
Technology
Apple moves the iPhone event to the second week of September.
Morning Brew
Two labs trade claims over a Navier–Stokes proof.
Clouded Judgement
Figma Make leaves beta and ships to every seat.
The Verge
Business
Klarna prices its listing at the top of the range.
Axios Pro Rata
Software multiples widen for a fourth week.
Clouded Judgement
Technology
Paying for the curve: who funds the next generation of models
Frontier training costs have doubled each year. The argument now is who pays, and for how long.
Jamin Ball walks through the capital behind the labs and what it means for the software companies buying the output. The short version: the curve is still steep, and the customers are being asked to fund it.
Clouded Judgement↗
Business
Klarna’s listing prices at $40, above the range
The largest fintech listing since Affirm. Trading opens Wednesday.
Axios Pro Rata↗
Media
Substack adds live video, and a reason to stay in the app
Writers can go live to subscribers; clips post to the feed.
Platformer↗
Design
Figma Make leaves beta
The prompt-to-prototype tool ships to every seat.
The Verge↗
