Harvard Management Company disclosed a $2.2 bln stake in SpaceX in a Friday regulatory filing, making SpaceX the largest single-stock holding in its $4.3 bln U.S. equity portfolio. SpaceX’s record June IPO delivered substantial gains to university endowments that held earlier VC positions. The University of California’s investment office this week disclosed roughly $1 bln in SpaceX holdings; the University of North Carolina and Washington University in St. Louis also report stakes.

Lazard's survey shows private equity secondary-market investors are reassessing software investments and reallocating capital while awaiting clearer evidence of AI-driven disruption to business models and valuations. 91% of respondents said the main moat against AI replacing software products is "proprietary data advantages and network effects difficult for AI to replicate." Only 4% reported no change to their software investment approach as of June.

據TheInformation：英偉達(NVDA.O)正在洽談向SB Energy投資30億美元，作爲OpenAI數據中心交易的一部分。