Pilots, Plugins, & Pentagon

📈 Portfolio Pulse

💻 Perplexity: The Agent That Does Your Job 

Perplexity launched "Computer" on February 25, a platform that takes one prompt and runs it through 19 AI models simultaneously to complete entire projects end-to-end. Give it a task, and Computer breaks it into subtasks, spawns sub-agents for research, writing, coding, and data work, then delivers the result. It runs in a secure cloud sandbox, integrates with Gmail, Slack, Notion, Salesforce, and GitHub, and keeps running while you're offline for hours or months. Available now to Max subscribers at $200/month, with Pro and Enterprise tiers coming soon. Semafor | PCWorld

✈️ Anduril: Mid-Flight Mind Swap 

On February 24, Anduril's YFQ-44A combat drone did something that hadn't been done before: it ran two different AI pilots during the same flight. The aircraft completed all objectives with Shield AI's Hivemind system, then switched to Anduril's own Lattice platform mid-air with no landing required. The Air Force built this on purpose. Its open autonomy architecture lets any AI software plug into any aircraft, so the best system can be swapped in as technology improves. The YFQ-44A also began weapons integration tests this week, carrying inert AIM-120 missiles. A production decision on both the aircraft and the winning AI software is expected by year end. Air & Space Forces | Interesting Engineering

🛡️ xAI: Grok Goes Classified 

The Pentagon signed a deal this week to deploy Grok in classified military systems, making it the first model beyond Anthropic's Claude to reach that level of access. The timing is not a coincidence. xAI agreed to the DoD's "all lawful purposes" standard that Anthropic declined. The agreement covers intelligence analysis, weapons development, and battlefield operations. Defense officials acknowledged Claude remains more capable and deeply integrated in those systems, but said the Grok deal gives them leverage. Axios | Fox News

🤖 Coco Robotics: The Last Delivery Driver 

Coco launched Coco 2 this week and for the first time, no human is guiding it. The new robot drives itself across sidewalks, bike lanes, and roads at up to 13 mph, cuts delivery times by 50%, and runs three times longer per charge. Powered by NVIDIA's Jetson Orin NX chip and trained in simulation using NVIDIA Omniverse, it maps new cities in about a week before deployment. The company already serves 3,000+ merchants through Uber Eats, DoorDash, and Wolt, and is targeting 10,000 robots deployed globally by year end. Semafor 

🧠 Anthropic: One Big Week 

Three stories, one company. First, Anthropic expanded its Cowork enterprise platform with private plugin marketplaces, new connectors for Google Drive, FactSet, DocuSign, Harvey, and 10+ others, and the ability to pass context between Claude, Excel, and PowerPoint. SaaS stocks weren't happy: ServiceNow dropped 23%, Salesforce 22%, Snowflake 20%, Intuit 33%. Second, Anthropic revealed that three Chinese firms (DeepSeek, Moonshot AI, and MiniMax) ran 16 million unauthorized Claude queries across 24,000 fake accounts to copy its model. MiniMax alone accounted for 13 million interactions and pivoted to a new Claude model within 24 hours of its release. Third, the Pentagon threatened to brand Anthropic a "supply chain risk" after Anthropic refused to allow Claude for mass surveillance or autonomous weapons targeting. CEO Dario Amodei didn't budge. TechCrunch | The Hacker News | NBC News

🤝 OpenAI: Calling in the Big Four 

OpenAI launched "Frontier Alliances" this week, formal multi-year partnerships with McKinsey, BCG, Accenture, and Capgemini to roll out its Frontier agentic platform inside the enterprise. Frontier is OpenAI's agent orchestration layer, letting AI handle workflows across CRM, HR, and internal tools at scale. McKinsey and BCG are playing the strategy role, helping leadership figure out where to deploy agents. Accenture and Capgemini handle the systems integration. Enterprise revenue already accounts for 40% of OpenAI's total and is expected to hit 50% by year end. TechCrunch

👀 Watch List

📱 ByteDance: $550 Billion and Climbing 

Investment firm General Atlantic is selling a stake in ByteDance at a $550 billion valuation, a 66% jump from its $330 billion share buyback last year. The proposed sale is the first since the U.S. cleared the TikTok deal in January. ByteDance's quarterly revenue now surpasses Meta's, making it the largest social media company in the world by sales, with an expected annual profit of $48 billion in 2025. A public listing is expected to follow. Yahoo Finance

⚛️ TerraPower: Going Global 

TerraPower's Natrium reactor was accepted into the UK's formal regulatory assessment process this week, the first time a non-UK reactor design has entered the country's Generic Design Assessment. The Natrium is a 345 MWe sodium-cooled fast reactor with built-in molten salt energy storage. TerraPower is already under construction in Wyoming on what will be the first utility-scale advanced nuclear plant in the United States. PR Newswire

💬 Prompt

What can I help you with?

If you want clean data from messy PDFs or Word docs, define the structure first. Instead of saying: “Extract the data,” say this:

Convert this document into an Excel sheet with these exact columns: [Column 1, Column 2, Column 3]. If any field is missing or unclear, write “N/A” instead of guessing.

The key is giving the model two things:

1. A clear output structure
2. Permission to say “I don’t know”

📚 Content

🏦 Banking for Builders

SVB left a massive gap when it collapsed. Erebor is built to fill it. Palmer Luckey sat down with TBPN to explain the vision, and why a defense founder is the right person to build a bank.

🔒 Lock In

🏦 Chris @ FLF Venture Summit

Chris attended the FLF Venture Summit hosted by Florida Funders this week. Shoutout to friend and co-investment partner Saxon Baum (Managing Partner, Florida Funders) and his team for a putting on a great event. The curation of content and attendees was on point. Here are a few takeaways on the future:

1. Lean. Hiring has decoupled from funding. Historically, funding led to more hiring, but now companies are building with fewer people (and moving faster). Geoffrey Woo (Founder of Anti Fund) predicts thinks that the world may see its first $1B business with 1 employee as soon as Q1 2027 thanks to AI.

2. Liquid. There will be a cascade of liquidity after the expected IPOs this year (Anthropic, SpaceX, and OpenAI). It will be interesting to see how the markets react to TRILLIONS OF DOLLARS of liquidity.

3. Lifted. The AI age has lifted investors’ expectations about time to achieve $1 billion in revenue and return multiples, with Anthropic leading the way.

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