Good morning! Women's Health Initiative no longer being defunded, U.K. Chancellor Rachel Reeves discusses tariffs with the U.S., and there's an investor you need to know in AI.
- Intelligent investing. Sarah Guo’s venture capital firm Conviction has backed some of the hottest companies in AI: the legal AI startup Harvey (last valued at $3 billion), French open-source AI startup Mistral (last valued at $6 billion), inference platform Baseten (last valued $825 million), and ex-Salesforce co-CEO Bret Taylor’s conversational AI platform Sierra (last valued at $4.5 billion). That makes the 35-year-old a fitting subject for the fourth and (for now!) final piece in our special series about women in tech.
My colleague Allie Garfinkle, the author of Fortune’s Term Sheet newsletter, dives into Guo’s path to AI investing in a profile here.
