Issue #0032026-04-17

Bitcoin ripped to $78K on a ceasefire. A robot just learned tasks nobody taught it. And Canva is now inside Claude.

Six stories this week — geopolitics moving crypto, flying taxis hitting a milestone, Anthropic and Canva merging design into AI, a robot brain that generalizes, the FAA handing air traffic to Palantir, and a Dutch startup coming for Nvidia.

JL
Jarrett Love
@jarrettlove · It's All Love

This week had range. Iran reopened the Strait of Hormuz and Bitcoin jumped 5% in a day. A UK eVTOL company pulled off the first two-way transition flight under regulatory oversight. Anthropic and Canva launched Claude Design. Physical Intelligence dropped a robot brain that figures out tasks nobody trained it on. The FAA tapped Palantir to rebuild air traffic control. And a Dutch chip startup backed by ASML's ex-CEO is claiming 100x efficiency over Nvidia. Six stories, my take on each.

This week's stories
01
Markets

Bitcoin hit $78K as the Strait of Hormuz reopened and risk appetite came back

Iran declared the Strait of Hormuz fully open to commercial vessels through the ceasefire window ending April 22. Oil plunged nearly 10%. Bitcoin surged 4.97% to $77,884, briefly touching $78K — a two-month high.

Global crypto market cap jumped 3.79% in 24 hours to nearly $2.77 trillion. Inflation fears around energy basically evaporated overnight, and institutional buyers showed up again.

The thing is, this wasn't a crypto story. It was a geopolitics story. The same event that tanked oil pumped BTC. That says a lot about what Bitcoin actually is now.

Jarrett's take

Bitcoin doesn't need its own catalyst anymore. A ceasefire, a shipping lane reopening, oil collapsing — BTC moves like a leveraged macro bet. The people still calling it speculative aren't watching the same order flow as the desks putting real money to work. Geopolitics is moving the price more than halvings now. That's not a meme coin. That's an asset class.

Read source — Bitcoin.com
02
Transportation

A UK eVTOL just completed the world's first two-way piloted transition flight

Vertical Aerospace's Valo aircraft took off vertically, transitioned to wing-borne cruise, and landed vertically — all in one continuous piloted flight on April 14. That's never been done before.

4-passenger aircraft. 150 mph cruise, 100-mile range, zero emissions. They're targeting certification in 2028 and already have around 1,500 pre-orders from American Airlines, Japan Airlines, Avolon, Bristow, and GOL.

CEO Stuart Simpson said full piloted transition is 'the most critical and complex challenge in eVTOL development.' They did it under UK Civil Aviation Authority oversight with EASA involved — tighter regs than anyone else in the space.

Jarrett's take

People have been talking about flying cars forever. This is the first time one actually did the full thing — up, forward, back down — with a real pilot, under real regulatory oversight. 1,500 pre-orders and a 2028 cert target. Planned routes are Canary Wharf to Heathrow and JFK to Manhattan. If they land certification on time, this goes from conference demo to actual commute option pretty fast.

Read source — Interesting Engineering
03
AI

Anthropic and Canva just merged — and Claude is now a design tool

Canva and Anthropic launched Claude Design, powered by Canva's design engine. You can create on-brand visuals, presentations, and marketing assets from text prompts directly inside Claude now.

They've been building toward this for two years. Since the Canva MCP launched in Claude last July, millions of people have used it. January brought automatic brand rules. Now they're adding HTML importing so you can pull interactive stuff from Claude straight into Canva's editor.

Canva called this 'the biggest product launch in our history.' Their words, not mine. They're moving from a design platform with AI bolted on to an AI platform that happens to do design.

Jarrett's take

Canva became the rendering engine for AI-generated design. Claude became the way you talk to it. The person who used to open Canva, pick a template, drag stuff around — they just type what they want now. That's going to hit freelance designers, agencies, and in-house creative teams. The moat for design tools isn't the editor anymore. It's the AI that makes the editor optional.

Read source — The Verge
04
Robotics

Physical Intelligence built a robot brain that can figure out tasks it was never taught

Physical Intelligence dropped π0.7 — they're calling it 'an early but meaningful step toward a general-purpose robot brain.'

The idea is robots that can generalize across tasks without needing specific training for each one. You train it on some things, it figures out new things. That's been the goal in robotics AI for a long time.

PI has been one of the hottest startups in this space. This puts them right at the edge of what's possible with embodied AI.

Jarrett's take

Most robotics companies train robots to do specific tasks. PI is trying to train robots to think. Big difference. If π0.7 works — if you can train a robot on kitchen stuff and it picks up warehouse work on its own — that rewrites the economics for basically every industry that depends on manual labor. Still early. But this is the kind of architecture that makes humanoid robots actually useful, not just cool demos.

Read source — TechCrunch
05
Defense

The FAA just handed air traffic control modernization to Palantir, Thales, and Air Space Intelligence

FAA picked three companies to build AI software for air traffic management: Palantir, Thales, and Air Space Intelligence.

The tool spots congestion in scheduled departures and arrivals and flags when aircraft get too close. Congress put up $12.5 billion but the full overhaul probably needs another $20 billion on top of that.

Transportation Secretary Sean Duffy: 'We have three companies that are working right now with us on developing software to look at how flights are managed.'

Jarrett's take

$12.5 billion down, $20 billion more to go. The air traffic system is ancient and everyone knows it. Palantir getting this contract is classic Palantir — they start with government, then expand into every critical system they can touch. The FAA basically said out loud that human controllers can't keep up with modern traffic volume alone. AI is going in the loop whether people are comfortable with it or not.

Read source — Bloomberg via Investing.com
06
Chips

A Dutch startup backed by ASML's former CEO says its chips are 100x more efficient than Nvidia's

Euclyd is a Dutch chip startup founded by a former ASML director. Peter Wennink — ASML's ex-CEO — is advising and investing. They're raising at least 100 million euros after closing a sub-10 million seed.

Their CRAFTWERK architecture goes after AI inference, which is the part where trained models actually do work — answering questions, running recommendations, processing transactions. They say they're 100x more efficient than Nvidia's Vera Rubin by cutting down on how much data moves between memory and compute.

They've got company. UK's Fractile, France's Arago, and UK's Optalysys are all raising nine figures too. Over $200 million went into European AI chip startups already this year.

Jarrett's take

100x is a bold number. But when ASML's former CEO is writing checks, the chip industry notices. The play makes sense though — Nvidia owns training, but inference is where the actual volume is. Every Claude question, every recommendation, every AI transaction is inference. If Euclyd gets even 10x efficiency there, the cost of running AI at scale looks completely different. Europe might end up owning the inference layer while Nvidia keeps training. Not competition, just different parts of the stack.

Read source — CNBC

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