OpenAI Cancels o3

Meta eyes FuriosaAI to reduce Nvidia dependence, Apple explores humanoid robots, and Goldman Sachs doubles down on Bitcoin and Ethereum ETFs.

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 scraps o3, merging it into GPT-5.
🤖 Meta moves to acquire FuriosaAI for AI chip development.
📺 Apple explores humanoid robots for future automation.
💰 Goldman Sachs invests $2B in Bitcoin and Ethereum ETFs.
🔄 Russia frees Marc Fogel in a prisoner swap.

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AI

  • OpenAI Cancels o3 AI Model in Favor of Unified Next-Gen Release

    • OpenAI has scrapped plans for its o3 AI model, choosing instead to merge its advancements into an upcoming next-gen release.

    • CEO Sam Altman emphasized streamlining AI offerings to make them more powerful, accessible, and easier to integrate into workflows.

    • The move is expected to reduce complexity for users while positioning OpenAI competitively against models like Gemini and Claude.

  • Adobe's AI Video Generator 'Firefly' Now Available in Public Beta

    • Adobe has launched its Firefly Video Model in beta, allowing users to generate videos from text descriptions and images.

    • Current features include Text-to-Video and Image-to-Video with 1080p resolution, with plans for 4K support in future updates.

    • The company aims to position Firefly as a go-to tool for creators looking to generate high-quality AI-assisted content.

  • Meta in Talks to Acquire AI Chip Firm FuriosaAI

    • Meta is negotiating to acquire FuriosaAI, a South Korean AI chip startup, to reduce reliance on Nvidia and strengthen in-house AI capabilities.

    • FuriosaAI, which specializes in AI inference chips, has raised over $115 million and competes with companies like Graphcore and Groq.

    • If completed, the deal would enhance Meta’s AI infrastructure, supporting its push into AI-powered products and generative models.

ROBOTICS

  • Apple Is Reportedly Exploring Humanoid Robots

    • Apple is in early-stage research on humanoid robots, potentially aimed at home automation and personal assistance.

    • The project is reportedly focused on mobility, object manipulation, and AI-powered interactivity for future consumer applications.

    • Analysts speculate that Apple’s entry could accelerate mainstream adoption of humanoid robots, competing with Tesla’s Optimus.

  • UK Unleashes Humanoid Robot with Hands Faster Than Humans

    • UK startup Humanoid has revealed HMND 01, a humanoid robot with high-speed manipulation and AI-powered motion control.

    • The robot stands 5’9, weighs 154 lbs, carries up to 33 lbs, and has a modular design to lower costs and improve adaptability.

    • The company aims to commercialize humanoid robots for warehouses, retail, competing with Tesla, Boston Dynamics, and Unitree.

  • Modular Robot Designed for Tethered Planetary Exploration

    • Engineers have developed a modular robotic system designed for planetary exploration in extreme environments.

    • The robot uses a tethered system for mobility in rugged landscapes, enabling deep-space missions with better energy efficiency and safety.

    • NASA and other space agencies are exploring how this robotic platform could support scientific research and infrastructure.

CRYPTO

  • Goldman Sachs Buys Up Bitcoin and Ethereum ETFs in 2024

    • In 2024, Goldman Sachs invested over $2 billion in Bitcoin and Ethereum ETFs, signaling a significant shift in its crypto strategy.

    • The bank's holdings included substantial positions in BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin ETF.

    • This move indicates growing institutional adoption of cryptocurrencies within traditional financial sectors.

  • Russia Releases American Teacher Marc Fogel in Prisoner Exchange

    • Marc Fogel, an American teacher detained in Russia since 2021 for carrying medical marijuana, was released in a prisoner swap.

    • The U.S. exchanged Russian national Alexander Vinnik, accused of money laundering, to secure Fogel's freedom.

    • This exchange is viewed as a diplomatic effort to improve U.S.-Russia relations amid ongoing geopolitical tensions.

  • Rising Inflation Leads to Bitcoin, Ethereum, and Solana Price Drops Amid Cautious Fed

    • The Consumer Price Index rose by 3% leading to a cautious stance from the Federal Reserve.

    • In response, Bitcoin's price dropped to $94,250, with Ethereum and Solana also experiencing significant declines.

    • The market's reaction reflects concerns over potential delays in interest rate cuts and the broader economic outlook.

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CONTENT

  • Musk Trolls Altman + ChatGPT’s Deep Research

    • OpenAI’s new ‘deep research mode’ can analyze complex topics and generate reports in minutes.

    • Elon Musk’s $97.4 billion bid for OpenAI sparks debate over AI industry power struggles and potential government intervention.

    • JD Vance’s AI Action Summit speech pushes for ‘pro-growth’ policies, opposing European-style regulations.

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  • OpenAI VP on Competing with DeepSeek, How ChatGPT ‘Reasons’ and More

    • OpenAI VP Srinivas Narayanan discusses the challenges of making ChatGPT ‘reason’ more effectively and compete with DeepSeek.

    • He highlights how enterprise adoption of AI is shifting, with businesses prioritizing reasoning models over raw language prediction.

    • OpenAI sees reasoning models as a step toward artificial general intelligence, but regulatory and ethical challenges remain.

  • Elon & Trump Reveal Shocking DOGE Findings

    • Elon Musk and Donald Trump claim to have uncovered large-scale fraud and waste in U.S. government programs.

    • The administration proposes massive budget cuts, citing ‘trillions in corruption,’ while critics warn of economic instability.

    • Musk asserts that improved efficiency in federal spending could cut the U.S. deficit in half, but details on implementation remain unclear.

AND MORE…

  • Google Warns the U.S. Faces Power Capacity Crisis in AI Race Against China

    • Google executives caution that the U.S. lacks sufficient energy infrastructure to support large-scale AI model training and data centers.

    • China’s aggressive AI expansion, backed by state-subsidized power resources, could give it a competitive edge in AI development.

    • The company urges federal investments in grid modernization and energy-efficient computing to prevent falling behind.

  • Scarlett Johansson Takes Legal Action Over Deepfake AI Video

    • Johansson’s legal team is pursuing action against an AI-generated video that mimics her likeness without consent.

    • The case reignites debates over AI-generated deepfakes, copyright laws, and the need for stronger regulations to protect public figures.

    • Experts warn that growing accessibility to AI tools could accelerate misuse in entertainment, politics, and misinformation campaigns.

  • Thomson Reuters Sues AI Firm Over Copyright Infringement

    • The media giant alleges an AI startup illegally used its proprietary news content to train large language models.

    • The lawsuit follows a wave of similar cases by major publishers seeking compensation for unauthorized AI scraping.

    • Legal experts say this case could set a precedent for how AI firms use copyrighted material in model training.

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