Rillet’s AI-native ERP processes transactions as they happen, cutting manual month-end entries to under 1% and turning the traditional close into a daily routine. Data from 56 early adopters show nearly all entries auto-posted, though B2B and multi-entity firms still need more human judgment.

• Rillet's data across 56 customers shows 99.86% of entries auto-post in real time, leaving under 1% needing manual review in 87% of cases.
• Manual entry (5-15%) persists mainly in service-based B2B firms with complex transactions, while consumer-facing companies run near-fully automated books.
• Multi-entity firms (4+) see revenue/billing entries drop from 58% to 38% of the ledger but still achieve continuous close without a period-end crunch.

This daily digest covers SpaceX’s $60 billion stock deal to buy AI coding startup Cursor, Apple’s plan for camera-equipped AirPods and a foldable iPhone in 2027, and Genesis AI’s new industrial robot with LG. It also highlights Snap’s $2,195 AR glasses, AWS’s S3 annotations feature, Meta’s crumbling engineering culture, Anthropic’s talks with Trump officials, and leaked OpenAI finances showing huge losses.

• SpaceX is buying AI coding startup Cursor for $60 billion in stock, expected to close Q3
• OpenAI's leaked financials show revenue nearly quadrupled to $13.07B in 2025, but losses grew from $4.1B to $6.11B as expenses more than doubled
• Apple is reportedly developing camera-equipped AirPods, a foldable iPhone, and a 20th-anniversary model, all targeting late 2027
• Anthropic is negotiating with Trump administration officials over access restrictions after a security bypass was discovered in its latest models

Investors are rushing to claim stakes in AI through SPVs, secondary markets, and pre-IPO perpetual futures—synthetic or real—because demand for ownership outstrips supply. Framed by the internet’s evolution from “read” to “write” to “own,” this trend shows the next phase democratizes economic rights in AI alongside its technologies.

• Investors are turning to SPVs, secondary markets, and even crypto perpetual futures to get exposure to AI companies before they IPO, since demand for ownership far outstrips available supply.
• Chris Dixon's "read, write, own" framework explains this: after the internet made info accessible (read) and let anyone publish (write), the current phase is about owning stakes in the tools/networks people use.
• AI is framed as the culmination of the read/write era—models and agents that consume, generate, and act on data—making it the natural next target for this ownership wave, even via synthetic pre-IPO derivatives.

Goldman data show tech stocks have lost most of their valuation premium even as earnings forecasts and insider buying rise, while AI models and proxy advisors increasingly side with activists over management. Surveys reveal quantifiable AI gains climbing across sectors, and long-term charts highlight a 94% drop in global oil intensity despite recent supply disruptions.

• Tech stocks' valuation premium has collapsed toward 2018 levels even as 2026 earnings growth forecasts jumped from 31% to 43.4% since January, and insider buying in XLK-tracked firms hit a 15-year high.
• AI models back activist investors in proxy fights ~45% of the time (vs. 36-42% for ISS/Glass Lewis), but actual shareholder votes favor activists only 14% of the time, largely due to the Big Three asset managers' voting power.
• 37% of surveyed companies now report measurable AI benefits, up 23% quarter-over-quarter, with financial services, real estate and tech showing the sharpest gains.