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The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: PitchBook Newsletters Also: The big sports betting spat, European hopes for the AI space & more March 29, 2026 | Read online | Manage your subscription The Weekend Pitch (NurPhoto via Getty Images) Earlier this week, Open [...] Content analysis details: (0.5 points, 5.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 RCVD_IN_DNSWL_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to DNSWL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#DnsBlocklists-dnsbl-block for more information. [159.183.175.69 listed in list.dnswl.org] 0.0 RCVD_IN_VALIDITY_CERTIFIED_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. 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pad= ding-left:5px; padding-right:5px;"> <table lang=3D"x-header" class=3D"container" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> =20 <tbody> <tr> <td> <table lang=3D"x-header-subscription" style=3D"min-width: 100= %; text-align: left;" cellspacing=3D"0" cellpadding=3D"0" align=3D"center" = width=3D"100%"> <tbody> <tr> <td class=3D"header-msg" style=3D"padding-top: 20px; paddi= ng-bottom: 28px; font-family: Roboto, Arial, sans-serif; fon= t-size: 11px; -webkit-text-size-adjust: 70%; text-size-ad= just:70%; -ms-text-size-adjust: 70%; text-align: center;">March 29, 2026 &n= bsp; | <a href=3D"https://url6380.news.pitchbook.com/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzW1ViAnkOraS= EePG7WIyQ2p278WyLKTPCrYlEBlDo1i9w-3D-3DZyoM_I3w5d9c01gkD8gLzFEofZR-2Bh6Vwar= HkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64A= h1xlM5YFCk7f3VNfjBh6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLlu= FxkQh8NpQ39xNCgqKxia4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfj= kEj09iZ-2FEA1a3jDMklSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pTa19eyTIf-2FI2PvTeR= 5sfR4kNdjPCM7bwzoz-2FvGec8rS7G-2BF3HZXgRj3DzpWGTgLk-2BRmPIDK2jmc1AM3AGFXi-2= FS1w4vJP72PXz-2FF9rTcpEEwKOMiNYJFap79pfKO2BTWdyZEIusPHYOJXcjnIFKiu7HtzfHbHk= Xvls-2FJei07L-2F-2Fk3HXzA-2BIBEkjR4HsbTkS7Z9htyhB35gFVIs2IqZkk-2BOb-2FKuehl= m1DWNtvuWNqP8DEJRxedjh6SS-2FWm8r3seqUV50KLDZMIvPjVQ-2BgIyr50mdFH" target=3D= "_blank" style=3D"text-decoration: underline; color: #1D5080">Read online</= a> | <a href=3D"https://url6380.news.pitchbook= .com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrYCQ-2F7Wx1VdE7sYl12opJBSgX8wj= gWQkjpY2yE70mtuFtQh5JMynEp-2F-2B0ZsygXiW0dASWMAkXrIC3kg-2BeC0SuDoyGjKHmOSdf= o63E0RLyaXhmtZcu9qypgyxWwak1NhA0coLyWLpIGucErQpvbIjaXQ-3DLwdh_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2= BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXS= d0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxia4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4= oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMklSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pT= a1VtrsR7CYXij0ENa3HRVnQcjzI6Ce78pv2oMfFD48p2CQL1tlWsvWdwAA9nYVrtNBkMb7ng-2B= ucBlOyVEHbe7PPG4kKKzWLdVmS5OG4y1B4bB6tD9SD1d5JgVOjy1ecnR7urSnDXkcUsBtRU5U8s= dUYI-2F5MZf-2BlwezuJNrPi0LB1xgaHANdeAcb5AuW-2FCB4TBVfqCMKn9OoGHzmIXxOFFFjQw= BNhcknzWlBdpCTpiAO-2F5xOIlea6kZovz3Ul7GlDh6NLx52Vsk4Vg7HgFNKIVGO" target=3D= "_blank" style=3D"text-decoration: underline; color: #1D5080">Manage your s= ubscription</a></td> </tr> </tbody> </table></td> </tr> =20 <tr> <td style=3D"padding-bottom: 14px; text-align: center;"><a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzW1ViAnkOraSEePG7WIyQ2p-2BGPKSDKszAx5Eu86IkQXWQ= -3D-3D_Ll6_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8= PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh6HwWjY10nGokhZ= JLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxia4jSdcPF2jIx-2= Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMklSL4D3d7Xdmu0o= WsMqsCh6VIFn0NP09hNGM3pTa0SiYcvoVn6TpYHK1fkrotG84ArNCwr25FzGo-2B3jbwcMLKEBB= Jss4G64ykxQVLrZRk81Mvda0PswX06GXywewFbX08AIPbJ4HkBOqY-2FV398V1HzgcOPtJhjA19= YkrISp1IuE1Nu6gUqSF9FIMSlR5CHldcE8vLVs6GI3Zzr1jnnTs3CS3XQwYReWCsANzNxdUNGQg= XIPLlvJDlEbTxA99-2FTmg1-2BcJnszjOIEYMEbtTImDLYBzEfiA-2FTHvoyy27wuI5eFC41vzB= -2B4FtAtN3uPKtd" target=3D"_blank"> <img width=3D'1' height=3D'1' opacity: = 0; style=3D'display:none !important; mso-hide: all;' src=3D'https://my.pitc= hbook.com/ms/pixel?userId=3D3DABLZ54MOPJL5Q&eventSource=3D3DZQDXJQ6VUBAECQE= 7XY5D5PSLQI&emailId=3D3DTIYUVHCQTRFR2&emailName=3D3DWZSNWFXP2BBWOBOFVVLR2CU= RLA&pixelPosition=3D3DUAZEVU3EPI6EYRHRSC2KEHCFHGQ6ZMZBKVWWKQA.gif'/><img sr= c=3D"https://url6380.news.pitchbook.com/wf/open?upn=3Du001.4Qe7VL981gyAPMxY= oCz8CBKmv7adpoGoGfpUfNDzw-2FIUFPDY6owZNjRg8mspgm8j2CcmMhFmIQtweovL50iYHtEka= jrevkJz2PuwlxzAj6pzSf2GQUcrWmszAYXLEoKYKX8f1KzKYYcnKY4SRnKNjRia9vMz-2FXkt9k= 9icrTtVno93MbjS5PZR-2B7vcdrMf-2FYHHlMfpYuWGFYIxNr4jqmfIhlrcdcg-2FW-2F-2BWGJ= C1EFaQ-2FvUFLXCsSGe9lzfOGJtLE9M8DGNTvHLfZiTWztNpfshpiLx86z2QK-2BK6ISvFMHMoV= FHLQWgUgzAbXdZfSvs1-2BLhXrlrvmY4n5N2Kt2MpVEruLkYnil3YOarlNXsx81It-2F4j3UI0z= dpTXR8Nf8423mIizxuK7bV-2B38bQGHatiNrE2iQPi-2F0Zd7uDmHqUZn-2BNaLVtxOqTeny6WL= hZOwJwx3h6-2Bj1vrF-2FJRm3SmAH-2BXe2q4onzctqmi4rjBE2qEMjezAm05Ce1WdD0ilC4IEN= xEO21B1v3XqXaASNIK1zbYL3rn3nWwZx-2F1acKZhiJ2-2BI7e-2FS-2FFuMFX39G6yWPYvbnnW= Hq" alt=3D"" width=3D"1" height=3D"1" border=3D"0" style=3D"height:1px !imp= ortant;width:1px !important;border-width:0 !important;margin-top:0 !importa= nt;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !impo= rtant;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 = !important;padding-left:0 !important;"/><img width=3D"141" height=3D"39" sr= c=3D"https://fonts.pitchbook.com/newsletter/pitchbook_morningstar_logo.png"= alt=3D"PitchBook"> </a></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Weekend Pitch</s= pan></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufPFIZZdyJomiYmuMZ= zR6O31qSZSnwg-3D-3D8VW5_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZb= cbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh6= HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxia= 4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMkl= SL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pTa0K2SCEPfUb7LNjkYcG0XLwLjiLj7aU7lP5wgd= k170IvgYSp-2FAfx3v5Bal-2FLnn-2FWGh-2FEfQu80JHJbRVqsKzNxKwvPzKZMi32n9zwntD-2= FJlE6nIO7DzXkVh9SolqNC28WSmjDel8VbKAqv0aSx7aCEjyneBHzk1BXgQvvCBovZf1EflGqmK= 15FIznEIg8mgJDYt6FdPJATvT3bDZkvgeI812f4Q2xSxzxtE2gad1y2S9IPVykmZV4Wxrl90-2F= -2Bt4lvHeSoCfB7HI-2Bj7qYCwY-2BJieK" universal=3D"true"> <img align=3D"cente= r" alt=3D"" src=3D"https://img.pitchbook.com/news/73494.jpg" style=3D"borde= r: none; width: 100%; height: auto;"> </a></td> </tr> <tr> <td align=3D"right" style=3D"padding-bottom: = 8px; font-family: Roboto, Arial, sans-serif; font-size: 10px; line-height: = 27px; color: #78766F; text-align: right; font-weight: 300">(NurPhoto via Ge= tty Images)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Earlie= r this week, OpenAI confirmed it's shuttering its Sora consumer app, adding= that the move is part of a larger redirection of its resources to other pr= ojects "as compute demand grows."<br><br> While the decision=E2=80=94just three months= after Disney agreed to invest $1 billion in OpenAI and license some of its= characters to Sora=E2=80=94seemed abrupt, a closer look at video generatio= n economics provides some answers. OpenAI is also barreling toward an event= ual IPO, so a tougher look at its cash flow is in order.<br><br> Sora's initial consumer acquisition was stro= ng: monthly App Store downloads peaked in November at more than 3.3 million= . But by February, downloads had dropped to around 1.1 million, signaling l= ow user retention, according to mobile intelligence firm Appfigures.<br><br= > To industry observers, Sora seemed to rely o= n novelty to attract users but couldn't figure out how to make them stick.<= br><br> I'm Rosie Bradbury, and this is The Weekend = Pitch. You can reach me at <a href=3D"mailto:rosie.bradbury@pitchbook.com" = style=3D"color: #1D5080;" test=3D"">rosie.bradbury@pitchbook.com</a> or on = X <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73Br= X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufPFIZZdyrq1KH5ellgbx17xk= pj7YGQ-3D-3D8nYP_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUg= FVa0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh6HwWjY10= nGokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxia4jSdcPF= 2jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMklSL4D3d7= Xdmu0oWsMqsCh6VIFn0NP09hNGM3pTa1J0N1L8toLSRhiflwcq2IfW5AT6hHwkgh8kJmlrSj6z0= nTJqjRreWnsIi-2B4vVWE9wigFH41Lf5a9hA5NPgOn6jPxUp2lZzSKsxz5htPdRJogDkZijYhZt= SMKw0N9B8GWRqiuNesczS4XFU7nJRzOQ-2FoNGt8PAk1i-2FmTuNuwCfhTXjxAXiFX6gyySjXxx= 53aueKF-2BC080QulECgA2X2GtjQSPiWX0yUDAkUNDA0cgkL6FF3Jmv9BlCboNr4GPoxIHiZqqB= kR7SeEhNOxqixFr2f" style=3D"color: #1D5080;" test=3D"">@_RosieBradbury</a>.= <br><br> "Models like Sora, they're amazing, but they= 're slow to generate the video," said Alberto Taiuti, the former CTO of AI = video model startup Luma AI, who is now building Reactor, a stealth-stage s= tartup working on real-time video AI. "So people who are not full enthusias= ts, they're not going to engage."<br><br> At the same time, the cost of running Sora h= as been hefty. OpenAI mostly subsidized queries to drive more users to the = platform. Forbes estimated that the company was burning $15 million per day= for a period of time last year on its AI video generation product alone.<b= r><br> Because every image in the frame is processe= d individually, generative video is currently many orders of magnitude more= cost-intensive than text-based models. "At minimum, every second is 60 tim= es more expensive than running a single image model, which is itself more e= xpensive than voice," said Eylul Kayin, partner at Gradient Ventures.<br><b= r> Passing on the full inference cost to the co= nsumer is a tricky proposition. "At the end of the day, just turning on a s= ingle Nvidia H100 is like, $2 an hour. For you, a regular user, that can st= ill be expensive," said Michael Lingelbach, co-founder of AI video generati= on startup Hedra.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufPFIZZdyJomiYmuMZzR6O31qSZSnwg-3D-3DW= I_N_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFE61= VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh6HwWjY10nGokhZJLmWJYz= GQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxia4jSdcPF2jIx-2Fivq74U= RL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMklSL4D3d7Xdmu0oWsMqsCh= 6VIFn0NP09hNGM3pTa11Zn0XDDQZM6ovWMj4-2Fhyktu1J0ZRSsfwCKvxdtFtfY5PXS4DSHv9gK= kTMk8szibJen7hU28XNTUaDF-2FnHM-2B9zHpJ6W0eMkWjXVPq61pA-2BDO3AICtT2YWg5rMjk0= kfYQxJl0NXcB16wghro-2FOb9V9MVQRSkCDAqfbfnimpJPu1BusmnNzX73rx0NMr8U1HNtOhXiS= 9ZI2BvImvWXJRSVv2Em92PSXS-2Bwx5Z9AUSyJS-2FvbDYKRkPFlXeVrHfocn2sO3s-2FHZPfMJ= 7wYQY4HgjkjU" style=3D"font-family: Roboto, Arial, sans-serif; font-size: 1= 8px; text-decoration: none; color: black; padding-left: 3px" target=3D"_bla= nk" universal=3D"true">Read more<img height=3D"24" src=3D"https://fonts.pit= chbook.com/newsletter/arrow-right.png" style=3D"vertical-align: middle; mar= gin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>A message from PitchBook</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_579099" id=3D"n_579099" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> Put your brand in front of the= private market professionals who matter most </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">PitchB= ook helps companies reach investors, executives, and dealmakers through hig= h-impact advertising and bespoke research. Partner with our analysts to cre= ate data-driven content or connect with our audience through targeted place= ments across newsletters, reports, and PitchBook.com.<br><br> Clear insights. Trusted data. Meaningful rea= ch.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufPFIZZdyPQAkNa5= PQL5pWQx0WjP8kQ-3D-3DJw5g_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjB= h6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKx= ia4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDM= klSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pTa1UCd8OFNWrQyVYJd4sR516dgKCU5W-2F1WF= G1IynRr1Gn-2F41-2Fvy7QXWiP8QJSOXnXhfQUk2Tit6vbbombneeirQgG6hXjTcrcxC4H7kJuS= UOiZtq3xSxHIbf-2FlfmuxTPrCReC6NeBLzUArbPcFmXJmVpZLWuvBtQeXC-2BrMzt7UPALew8D= uMhzQ-2BK9mxKSEVdkVNumsuckAuoY-2FvDWj19GA0wGhMlQ-2BQIiDE4vUp9Fyfg9e26hd4pfh= Vsqtne3oqI9GFzih9unIizAWYJnXN6pedS" style=3D"color: #1D5080;" test=3D"">Exp= lore advertising and custom research opportunities</a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> = =20 <center> <h2><b>Trivia</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufPFIZZdyYMkivW-2B= ffg4wlUwnuCDpRQ-3D-3DHfEO_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1y= ZbcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjB= h6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKx= ia4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDM= klSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pTa1fbEt1Q2TX20YVaocnQKPte01bSpgLUI8bT= nrQFNdohEVYX9l6o2YyRVVX8jNRrJjnDsA9Fa1dqSoRODZLOAlFXWiTZzAL3flDS0otFng4zm1L= qbZaWQXV45LqgVB0NIwuc55dtwKAl4GVEafJPs-2Blg0Zbp6mkZySoHegKWrvHyOoMowp5ZYnjq= 843u3dhQr6FZhZ3sK4KCQK8vxN7G00VRxCSsfYwaR8TR4CgmCjUnONwfug0WA7EdIbJdvR8n4K5= DlfWs4v3rJUuPn1cyp7G" universal=3D"true"> <img align=3D"center" alt=3D"" sr= c=3D"https://img.pitchbook.com/news/73485.jpg" style=3D"border: none; width= : 100%; height: auto;"> </a></td> </tr> <tr> <td align=3D"right" style=3D"text-align: righ= t; font-size: 10px; line-height: 27px; padding-bottom: 8px; color: #78766F;= font-family: Roboto, Arial, sans-serif; font-weight: 300">(NurPhoto/Getty = Images)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">After = Arizona's attorney general filed the first-ever criminal charges against Ka= lshi, the prediction market startup was in talks for a $1 billion round at = a $22 billion valuation, The Wall Street Journal reported. Sports betting a= pp FanDuel was acquired by Flutter Entertainment last year in a deal that v= alued the company at how much?<br><br> A) $11 billion<br> B) $21 billion<br> C) $31 billion<br> D) $41 billion<br><br> Find your answer at the bottom of The Weeken= d Pitch!</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>ICYMI</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">A sele= ction from our most-read articles of the past few days.=20 <ul> <li><b>Larry Fink says Social Security needs = a revamp.</b> The BlackRock chief executive called for Social Security fund= s to be invested in a broader range of wealth-generating asset classes. <a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufPFIZZdyNacZjCOuPtidS2hRD= 51eOA-3D-3D68Aw_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgF= Va0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh6HwWjY10n= GokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxia4jSdcPF2= jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMklSL4D3d7X= dmu0oWsMqsCh6VIFn0NP09hNGM3pTa3smlTE107IPdkYGhA3AvQ8-2FvKtyZDQT9Odi10owCfSq= kja1qq1pWEO7Smqs1Z5WWNS8lRF0gMsqepwiLqSzNTqg5WYGgVKEzD1lpV2KD7847kEG4U1bDM1= 4Ju3RNiq-2FMNAiSKO-2BcyUm-2Fox6dONt4cMTdNfWp9lwHn6dnKZCFPYSJZVEP811t1p6ftZD= aifmr5mJ6QCwPDTPMtXPVSkPy-2FrbZpEppMFjvdUv2pGWIlU3htsQiPtIE2Lz1eIT6H0ujVxWh= aSbi6CI5fKqvYi3b6R" style=3D"color: #1D5080;" test=3D"" universal=3D"true">= <b>Read more</b></a><br> </li> <li><b>SPACs are narrowing in on quantum comp= uting.</b> Finland-based IQM and France-based Pasqal both announced SPAC me= rgers within weeks of each other, signaling a broader trend of SPAC activit= y in deep tech. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?= upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufPFIZZ= dy3nNc9JH5MhP9YO-2Fx7ABclg-3D-3D1PRf_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFC= fmzy-2F3t1yZbcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5Y= FCk7f3VNfjBh6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8N= pQ39xNCgqKxia4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ= -2FEA1a3jDMklSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pTa36nOJS8jX0KuO0pyHvLzuukj= hWLZYO7-2FPuJzMwGnqxvV9l6JnJkuGx7db2AsVlFXlzknqJRJUeLeIwrzzoXh1L8BB7aBiihCZ= m1Se7TkKdFDV6c5MwDWvYlrv3EOG1NYbvrTvzqvRWEsQv7C0iVIYGGIbiunBfwI-2B7IMX46DwM= kFznNaGtBVbIQ8AuJlBSPHgw6D8PMQqTmi83cwsMh9vkG-2FdTSFbvkMuLaM2-2BzOaiNLFuy0H= KUWJk50vp3lDUsBvcCYEuiMgzSDnZoubOUuM2" style=3D"color: #1D5080;" test=3D"" = universal=3D"true"><b>See the article</b></a><br> </li> <li><b>What does the White House's AI regulat= ion framework mean for AI startups?</b> Federal laws could significantly im= pact the future of VC investments in AI, including a potential ban on US st= ates regulating AI. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/cl= ick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufP= FIZZdycK43j6J9B1vWz3Pw4S7QWA-3D-3DomEt_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBR= FCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM= 5YFCk7f3VNfjBh6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh= 8NpQ39xNCgqKxia4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09= iZ-2FEA1a3jDMklSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pTa0oSpaC99cEOrk4uNpitWxP= jPcp4axtnlbK8VMviRkHbYHL8B4SMXwe9NACR9NnBqIdkjZr6zcpJvdopY56d5-2FnfformN6Ia= rtI9GHR2nZcB5zcTmUzkhX3BTIoSxA9op6iR2ggutcU-2FqwifcIIan2qwWYOOC4Uv2-2Bp-2Bs= b9OgEwFOcsawGmFK1iICUUIReZAdWTqymBQ-2BM8BnXLGpcdT48gCyqcv9T5NoCioebZJQ4oECS= O6nmbrvnMLFRY3YFHMUSeRWfh0zATnSap-2FnKBpyLw" style=3D"color: #1D5080;" test= =3D"" universal=3D"true"><b>Get the analysis</b></a></li> </ul></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Quote/Unquote</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80= =9CI see Europe being a major player in the global AI space and doing it in= the next few years, driven by physical AI. One could look at the LLM space= and say that the race is already won. But, in physical AI, the race is wid= e open, and Europe has a chance to play.=E2=80=9D<br><br> =E2=80=94Luke Alvarez, the London-based foun= der of Hiro Capital, who co-led Yann LeCun's physical AI startup AMI Labs= =E2=80=99 $1 billion seed round. As AI innovation moves past LLMs and into = physical world models, some investors think European startups can take the = lead. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001= .d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXRfNOvRz1OnhnufPFIZZdyrMBLpAYS= IZjCKQncZEEXlg-3D-3DlpXf_I3w5d9c01gkD8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZ= bcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh= 6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXSd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxi= a4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMk= lSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pTa071PEPOsv820OjXjCWbuXI-2FmtfBwWDnEeH= uFWsS2fjlCiUxFoun2nlMzalgE9m7O4wDVWcysrday8nBPeW-2B9TDnCr-2FFZi95O2jUJmwkRl= B-2Fg9HLGpAflnvL412ZBsTM-2BXzFumiUAHVs4hb8GkedW7TRx-2B6WXZvbgDgiCRIDuiNLo7e= jOsXpyaiO7YgvbwegpYFE14u9RkDeBSa1A5zvVppckV6advORh1NbjjdG7BJbUPo-2FyMujOPMX= Nvg6BQsqY0tkixW-2F2Ri8TQUtXMp9ff9" style=3D"color: #1D5080;" test=3D"" univ= ersal=3D"true">Read more</a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Stay tuned</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Keep a= n eye out for these insights and research reports coming out this week:=20 <ul> <li>Q1 2026 PitchBook-NVCA Venture Monitor Fi= rst Look</li> <li>2025 South Korea Private Capital Breakdow= n</li> <li>2025 Annual US PE Lending League Tables</= li> <li>Analyst Note: AI Impact on Automotive Man= ufacturing</li> <li>Analyst Note: Impact of High Oil Prices o= n Private Markets</li> <li>Analyst Note: European AI</li> <li>March 2026 Global Markets Snapshot</li> </ul></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Trivia</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Answer= : C<br><br> Sports betting company FanDuel was acquired = for $31 billion by Flutter Entertainment in 2025. The current wave of regul= atory concerns hitting prediction market startups is not dissimilar to what= sportsbooks like FanDuel faced in the mid-2010s. Read more about regulator= y hurdles for prediction market startups <a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzXRfNOvRz1OnhnufPFIZZdyYMkivW-2Bffg4wlUwnuCDpRQ-3D-3D-AAi_I3w5d9c01gkD8= gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-2= BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BXS= d0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxia4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr4= oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMklSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3pT= a3LfACd4sUa-2F-2BLfuVZqtDmMqepR2uE3yW-2BB-2FcGnNzHGgMfvfHJTnPRL7PrKXuynLSyL= Yoobrjr9GIJypLcY2L2uYXWROPFWXBoC6yJm8-2FwPmkiQ4U53dOfD45XiPDDHcTJ4VrdC57Boa= NazgYAb6JNq4ggVxlv50D8ZYf3r3MDqHfsd4OUuoTUk5HUVDvkcLRq91oWNSUc5PC9lYKsEY-2F= fS8zVKeC9NRqXE5PwTNWi53ZmAHlCEf12JxiTkLdzzn8vYxzBsehM6neHjzO6kgSYF" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">here</a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Sign up for our newsletter</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">This e= dition of The Weekend Pitch was written by Rosie Bradbury and Nadine Manske= . It was edited by Kia Kokalitcheva and Ron Prichard.<br><br><em>Were you f= orwarded The Weekend Pitch? Sign up at <b><a href=3D"https://url6380.news.p= itchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswo= uzXRfNOvRz1OnhnufPFIZZdy-2BzYbM-2BDV-2FNlmGCRgEtwd7g-3D-3DPFjD_I3w5d9c01gkD= 8gLzFEofZR-2Bh6VwarHkxBRFCfmzy-2F3t1yZbcbdWeUgFVa0m8PzsFE61VCHW3Kmin02CeTv-= 2BV1FlAjlAI170kA64Ah1xlM5YFCk7f3VNfjBh6HwWjY10nGokhZJLmWJYzGQe8XY2dc-2B-2BX= Sd0m5buDjN9glJqYLluFxkQh8NpQ39xNCgqKxia4jSdcPF2jIx-2Fivq74URL-2Fj3DpbL7qfBr= 4oMoQqq0nS8NLVcZyfjkEj09iZ-2FEA1a3jDMklSL4D3d7Xdmu0oWsMqsCh6VIFn0NP09hNGM3p= Ta3Vc51mDdciOeY5DuqVGFiC6zT2j-2Bnr0eTN3RgaHAyS-2ByvZFp1KEP90LYkgoTZFLPU8Q-2= BPU-2BsaIAEqEhHYn2kkAHyGQtwQ581WZNVkIlbmaLIszbn2uIqTaqSRO26t1o0-2Bki4lJJXa7= PWEpAp4C9D2WvyLmgkwU0-2FKEJP6U-2FBCoItXH4U7YgiQwNtnzvjMwv3BV50gclX3xVkm37lx= f0mQtvn0BEjqtO-2BX0Es-2BrJ35mq4Ndyp9V6mp0r0jZW2G47hT4ev-2BQgmi7sBFU9CDraSUX= " style=3D"color: #1D5080;" test=3D"">pitchbook.com/subscribe</a></b>.</em>= </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; 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