Bloomberg vs PitchBook

Axios launches AI content feeds, revenue exceeds 2026 goal

Axios has achieved its 2026 revenue goal ahead of schedule and is introducing Axios Direct, a new product offering content feeds for AI models and agents, targeting three customer segments. The first feed, aimed at investment firms, will provide AI-era updates of Bloomberg terminals and RSS feeds. The second feed will enable companies with internal AI models to ingest Axios content directly, and the third will allow individual subscribers to access feeds via personal AI agents. Axios CRO Jacquelyn Cameron announced the plans at the Digiday Publishing Summit, noting two-year deals for the first feed and potential future participation in AI content marketplaces.

• Axios achieved its 2026 revenue goal in September 2026, ahead of the previous year's end-of-October.
• Axios will launch Axios Direct, a product providing content feeds for AI models and agents, targeting three customer types.
• The first Axios Direct feed is designed for investment firms and will be sold on an annual fee basis, with two-year initial deals.

Apple's Siri AI to get daily usage limits and paid tiers

Apple will introduce daily usage limits for several Apple Intelligence features that rely on server-side models, including the new Siri AI, photo editing tools, and cloud-based Apple Foundation Models. Users exceeding these limits will have to pay for extended access, likely through iCloud+ subscriptions, though specific pricing is not yet announced. The limits vary by feature and request complexity, with no specific numbers disclosed, and take effect with the 2027 software releases. This move aims to manage costs of cloud inference, as Apple pays about $1 billion annually to Google for a custom Gemini model used to distill its Apple Foundation Models. In the EU, Siri AI will initially not be available on iOS, iPadOS, and watchOS due to Digital Markets Act disputes, but will be available on macOS and visionOS.

• Apple will impose daily usage limits on server-side Apple Intelligence features, including Siri AI, starting with 2027 software releases.
• Users exceeding the free allowance will need to pay for additional usage, likely via iCloud+, with pricing details not yet disclosed.
• Apple pays approximately $1 billion per year to license a custom Google Gemini model for its Foundation Models.

Apple's New Leaders Seek More App Store Revenue

According to a Bloomberg report, Apple's new CEO John Ternus and App Store head Eddy Cue are pushing to increase margins and squeeze additional recurring revenue from the App Store, a strategy that may further irritate developers and regulators. The report suggests that former App Store chief Phil Schiller stepped back partly due to his reluctance to monetize more aggressively. Former Apple app review head Phillip Shoemaker, in a blog post, criticizes Schiller's approach to developers and suggests Cue's background in negotiating with content partners could lead to a more collaborative relationship with developers. Shoemaker also calls for more transparent guidelines and an automated review process. The report indicates a shift in Apple's strategy under new leadership, with potential implications for the app developer ecosystem.

• Apple's new CEO John Ternus and Eddy Cue, now head of the App Store, aim to raise margins and extract more recurring revenue from the platform.
• Bloomberg reports that Phil Schiller stepped back from App Store leadership due to concerns that aggressive monetization would worsen relations with developers and governments.
• Phillip Shoemaker, former head of app review, published a blog criticizing Schiller's developer relations and calls for policy modernization.

PitchBook Publishes New Research Reports Including VC Quantitative Perspectives and India Private Capital Breakdown

PitchBook has published several new research reports, including the Q3 2026 VC Quantitative Perspectives, India Private Capital Breakdown, and various weekly credit market wraps, covering topics from venture liquidity to AI agent payments.

PitchBook Releases August 2026 US Private Credit Monitor

PitchBook published the August 2026 US Private Credit Monitor, providing a high-level view of private credit market activity including estimated volume and counts, spread distribution, syndicated and direct lending takeouts, and middle market CLO issuance.

Capital Clarity: Key Questions for Founders Before Raising VC

This article advises founders, especially in health technology, to critically evaluate whether venture capital aligns with their long-term goals. It highlights the importance of market size and fund size, noting that mega-funds inflate expectations for Seed startups. Alternatives like customer revenue, bank loans, revenue-based financing, grants, and strategic partnerships are presented. The piece emphasizes the discipline of saying no to unsuitable capital, as exits are slower and valuations are correcting. Ultimately, it argues that founders should build the right company on the right terms rather than raising the maximum capital.

• The article was published on September 8, 2026, on EU-Startups.
• In 2024, 30 US venture firms captured 75% of capital raised, with nine taking half.
• A €2 billion fund targeting 3x returns needs €6 billion in proceeds, implying over €40 billion in combined exit value.