20VC: OpenAI Cuts Valuation to $1.25TRN | Public Market Meltdown: GOOG Loses $500BN in 12 Hours | DoorDash Buys Instacart for $17BN | Kalshi Raises $1BN and Cognition Eyes $80BN Valuation

AGENDA: 

04:00 OpenAI Cuts Valuation to $1.25 Trillion as Fundraise Shrinks 08:00 Google Loses $500 Billion as AI Stocks Sell Off 10:00 Anthropic's Growth Slows as AI Price War Intensifies 27:00 DoorDash Buys Instacart for $17 Billion 33:00 Kalshi Raises $1 Billion at $40 Billion Despite Legal Threats 41:00 Cognition Eyes $80 Billion as Baseten Hits $30 Billion and Serval $3 Billion 51:00 AI Law Firm Crosby Bids for Collapsed Legal Giant Weil 57:00 Physical Intelligence Targets $20 Billion Valuation 01:00:00 Hugging Face Deal Faces Scrutiny as Salesforce Buys Cresta for $2.7 Billion