Daily Edition · Page 13

THE DAILY INDEX

Technology, AI, software, security, crypto and business

Continued

TLDR Founders — continued

INTRODUCING THE AGENTS API

OpenAI's Agents API is now in public beta. The API brings the same harness and infrastructure that powers Codex to developers through a simple and flexible API. It allows developers to create useful agents with a powerful harness that manages context, uses tools efficiently, and coordinates subagents. The API provides infrastructure to keep agents running reliably for days, and environments where agents can work with files, run code, and save intermediate results.

SALESFORCE INTRODUCES THE TRUSTED ENTERPRISE AI HARNESS

Salesforce has introduced a new architecture that gives AI a shared understanding of the customer and the business. The new capabilities give AI the ability to act with trust within an open and composable AI ecosystem. The agent understands what is happening, decides what to do next, takes action across systems, and works alongside people and other agents. It brings together what agents need to understand the business, reason and plan, take action, and operate within enterprise controls.

WHAT VCS ARE LOOKING FOR NOW: $25B+ EXITS. THE NEW "DECACORN"

When a partner takes your Series A meeting, the exit they are picturing is now $25 billion, not one. Twenty years ago, 6 public software companies were worth that much and no private ones. Today there are 60 public and 21 private, which is why a $1B outcome no longer moves a big fund. PitchBook counts 63 US companies worth $10B or more, up from 26 in 2021, with 19 new ones in the first half of this year. Rounds of $100M or more took 87.5% of the $412.7B invested in that half. SpaceX paid $60B for Cursor in August.

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