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Morning Digest

SUNDAY, MAY 11, 2025

4 STORIES · 21 MIN

01

THE INFORMATION

The race to make AI models reason without hallucinating

Chain-of-thought prompting alone isn't enough — labs are now investing in formal verification layers.

4 min · MAY 11, 2025

02

FT ALPHAVILLE

Private credit's exposure to rate sensitivity is underpriced

Covenant-lite structures look resilient until refinancing windows close simultaneously.

6 min · MAY 11, 2025

03

STRATECHERY

Aggregators, modularity, and the next platform shift

The pattern that explained search and social is repeating in AI infrastructure.

8 min · MAY 11, 2025

04

AXIOS PRO

Series B valuations reset as LP patience thins

Down rounds are no longer taboo — founders and investors are adjusting expectations.

3 min · MAY 11, 2025

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