The press release came on a Friday, which is when you release news you want the weekend to absorb. $110 billion. Amazon put in $50 billion. SoftBank and Nvidia each committed $30 billion.

Pre-money valuation: $730 billion. Post-money: $840 billion. Those numbers got a lot of coverage. What got less: what this actually means for the product you open on your laptop every morning. What Just Happened