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Trump Profits $320M From Crashing Memecoin

OpenAI hires Instacart’s CEO, Google rolls out scam-fighting AI, and Musk powers a supercomputer with Tesla batteries.

Welcome back to your daily dossier talking AI, robotics, crypto and the future of tech. 👾

In today’s edition we are tackling the following:

🧠 OpenAI taps Instacart CEO Fidji Simo to lead its apps division.
🛡️ Google deploys AI to block scams in Chrome and Search in real time.
🎵 SoundCloud quietly allows AI training on user content, sparking backlash.
⚡ xAI powers the world’s largest AI supercomputer with Tesla Megapack batteries.
🎨 AI tools are reshaping art and software creation, prompting ethical debates.

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AI

  • OpenAI hires former head of the Facebook app

    • OpenAI appoints Instacart CEO Fidji Simo to lead its applications division, allowing CEO Sam Altman to focus on research and safety.

    • Simo, a former Facebook app head, oversaw key features like News Feed and Stories, contributing significantly to Facebook's growth.

    • She will remain at Instacart for a few months until a successor is named, while OpenAI expands its ChatGPT apps across platforms.

    Google AI Is Fighting Back Against Scams – And You’ll Love It!

    • Google implements AI-driven measures in Search and Chrome to proactively detect and prevent online scams targeting users.

    • The AI system analyzes patterns and behaviors to identify fraudulent websites and phishing attempts in real-time.

    • This initiative aims to enhance user safety by reducing exposure to deceptive content and malicious actors online.

    SoundCloud changes policies to allow AI training on user content

    • SoundCloud updates its terms to permit AI training on user-uploaded audio, sparking concerns over consent and compensation.

    • The policy change, added in February 2024, allows content to be used to ‘inform, train, [or] develop’ AI technologies.

    • While major label content is exempt, users lack a clear opt-out option, raising ethical questions about data usage.

ROBOTICS

  • U.S. automotive industry increased robot installations by 10% in 2024

    • The U.S. automotive sector installed 13,700 industrial robots in 2024, marking a 10.7% increase over the previous year.

    • This growth reflects the industry's ongoing commitment to automation for enhanced efficiency and competitiveness.

    • The trend aligns with global movements towards increased robotic integration in manufacturing processes.

    xAI to use Tesla Megapack batteries to power world's largest AI supercomputer

    • Elon Musk's xAI has equipped its Colossus supercomputer in Memphis with 150 MW of Tesla Megapack batteries.

    • The batteries provide backup power, ensuring stability during outages and peak demand periods.

    • This integration underscores a move towards sustainable energy solutions in high-performance computing infrastructures.

    Wearables with tunable stiffness mimic touch, adapt motion, and remember shape

    • Carnegie Mellon researchers developed wearables capable of adjusting stiffness and remembering shapes for adaptive motion.

    • These devices utilize algorithms to optimize flexural rod placement, enhancing kinematic performance.

    • Applications span medical rehabilitation, haptic feedback systems, and advanced prosthetics.

CRYPTO

  • Trump family profited $320M on memecoin despite 87% decline

    • The Trump family earned $320 million in fees from the TRUMP memecoin, while retail investors saw major portfolio losses.

    • The coin dropped 87% in value since launch, yet increased the family’s crypto net worth by nearly $3 billion.

    • Critics call for impeachment after Trump hosted a private crypto event at his Mar-a-Lago club tied to the coin.

    Bitcoin tops $100,000 on trade deal optimism

    • Bitcoin rose above $100K for the first time in months, driven by optimism around a new U.S.–U.K. trade agreement.

    • The cryptocurrency peaked at $101,329.97 with a 4.7% gain, boosting confidence across the broader crypto market.

    • Analysts cite institutional inflows and improving macro conditions as key factors behind the latest price rally.

    Diddy meme coin hits $180M before crashing

    • A meme coin tied to Sean ‘Diddy’ Combs soared to a $181 million market cap before falling back to $32 million.

    • The launch coincided with Diddy’s criminal trial, raising eyebrows over timing and possible legal implications.

    • Promoter Sahil Arora claims credit, adding to a streak of celebrity tokens marked by hype and volatility.

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CONTENT

  • How AI Coding Agents Will Change Your Job

    • AI coding tools are transforming software development, enabling small teams to accomplish tasks that once required large engineering groups.

    • The rise of ‘vibe coding’ allows developers to generate code through natural language prompts, shifting focus from manual coding to AI.

    • This shift democratizes software creation, providing founders with more leverage and making knowledge work more accessible.

    How AI Is Changing Art for Creatives

    • AI-generated images are becoming prevalent, prompting discussions on their impact on traditional artistic processes and human creativity.

    • Artists explore the balance between leveraging AI as a tool and maintaining the essence of human-driven art.

    • The integration of AI in art challenges conventional notions of creativity and the role of the artist.

    Why Apple is trying to save Google

    • Apple's $20 billion annual deal with Google to keep it as the default search engine is under scrutiny amid antitrust concerns.

    • Testimonies reveal Apple's financial interest in Google's dominance, despite exploring AI-powered search alternatives.

    • The evolving landscape of AI search technologies poses potential disruptions to existing partnerships and market dynamics.

AND MORE…

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