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

In today’s edition, we are tackling the following:

🌪️ Google debuts AI storm lab with DeepMind for 15-day forecasts.
🧠 Meta invests $15B to rival OpenAI in race to superintelligence.
🏀 Kalshi tests AI betting ads during the NBA Finals broadcast.
🤖 Nvidia and OpenAI predict a humanoid robot debut by 2027.
🔥 Anker recalls 1.1M power banks over overheating and fire reports.

AI

• Google unveils AI-powered Weather Lab for storm forecasting

  • Weather Lab uses AI to simulate up to 50 storm scenarios 15 days in advance, aiming to improve forecast accuracy.

  • In tests, its predictions landed on average 87 miles closer to actual storm paths compared to top European models.

  • Developed by DeepMind and Google Research, the tool supports U.S. National Hurricane Center tracking efforts.

• Meta to announce massive $15 bn investment in race towards superintelligence

  • Meta is planning a $15 billion investment for a 49 percent stake in Scale AI, acquiring its CEO to lead a superintelligence lab.

  • Zuckerberg is personally recruiting about 50 top AI experts with seven‑ to nine‑figure compensation packages.

  • The initiative aims to close gaps with OpenAI and Google by accelerating the development of human-level and beyond AI.

• Kalshi launches AI-generated ads during the NBA Finals to test interest

  • Kalshi deployed AI-driven ads during the NBA Finals, displaying betting scenarios aimed at driving engagement and conversion.

  • The ad campaign featured dynamic visuals and conversational prompts to engage fans in real time.

  • Kalshi’s test explores whether placing AI content in live sports broadcasts can spike instant traffic and trades.

ROBOTICS

• Nvidia and OpenAI Predict Robots by 2027

  • OpenAI and Nvidia forecast humanoid robots by 2027, capable of physical tasks like cleaning, cooking, and self-replication.

  • Sam Altman believes robots will manufacture themselves and construct data centers, accelerating development toward AGI.

  • Experts remain cautious, emphasizing the difficulty of real-world autonomy compared to controlled environments or digital assistants.

• Sam Altman-Backed Coco Robotics Raises $80M

  • Coco raised $80M to scale delivery bots using OpenAI models for smoother navigation, speech, and route decisions.

  • The robots have already completed over 500,000 deliveries and plan to expand across universities and urban areas.

  • Altman’s vision includes faster, cleaner logistics powered by AI and robotics without relying on traditional delivery fleets.

• Flexiv and Nvidia Join Forces in Robotics Simulation

  • Flexiv’s new bridge app connects robots to Nvidia’s Isaac Sim, enabling highly adaptive robotic simulations in virtual environments.

  • The integration helps test force sensitivity and control algorithms before deploying robots in high-variation manufacturing settings.

  • This partnership reduces development time, improves accuracy, and supports safer robot-human collaboration on factory floors.

CRYPTO

• Coinbase to launch CFTC-compliant perpetual futures trading in the US

  • Coinbase introduces perpetual futures trading in the US, approved by the CFTC, targeting sophisticated institutional and retail traders

  • Perpetual contracts offer margin trading without expiration, expanding Coinbase’s derivatives offering under regulatory oversight

  • The move reflects Coinbase’s continued focus on compliant crypto infrastructure to attract advanced investors.

• Coinbase beefs up subscription plan by offering an American Express card

  • Coinbase partners with American Express to offer Bitcoin rewards through its upgraded Coinbase One subscription program

  • Cardholders gain access to crypto-linked cashback perks, encouraging everyday use of digital currency across spending categories

  • The feature supports Coinbase’s mission to integrate crypto into traditional finance and improve subscriber loyalty

• Bitcoin price sees lower volatility amid softer inflation, investors say

  • Bitcoin trades steadily near $107K after inflation data, showing signs of decreased volatility across digital assets

  • XRP and Ether reflect cautious investor optimism as inflation slows and market speculation cools

  • Analysts point to growing institutional presence and macroeconomic influence as key drivers behind muted price swings

CONTENT

• Adam Neumann: This Is How You Build Iconic Companies

  • Neumann shares lessons from WeWork’s downfall and how Flow is rebuilding community through real estate innovation.

  • He discusses loneliness, resilience, and turning personal crisis into a bold, system-level housing vision.

  • With Marc Andreessen and Ben Horowitz, Neumann explains Flow’s tech-driven path to reimagining modern living.

• 35 Years Of Product Design Wisdom With Bob Baxley

  • Apple veteran Baxley explains why small, cross-functional teams produce the most meaningful design work.

  • He critiques common design misconceptions and offers advice on aligning product, engineering, and creativity.

  • The episode explores software’s creative power and a designer’s duty to build tools that reduce frustration.

• Sam Altman On Stargate, Humanoid Robots And OpenAI’s Future

  • Altman details OpenAI’s long-term goals, including Stargate, AGI ambitions, and the future of humanoid robotics.

  • He opens up about balancing leadership with fatherhood and the cultural impact of emerging AI tools.

  • Emily Chang explores Altman’s personal evolution and how OpenAI is positioning itself for the next decade.

AND MORE…

• More than One Million Anker Power Banks Recalled Due to Fire and Burn Hazards

  • Over 1.1 million PowerCore 10000 units recalled after reports of overheating, fire hazards, and injuries in multiple U.S. incidents.

  • Affected devices were sold between 2016 and 2022 under model number A1263 through Amazon and other online platforms.

  • Customers can request a refund or replacement by submitting proof of purchase and following proper disposal instructions.

• S&P 500 Ends Higher as Oracle Reignites AI Rally; Boeing Drops

  • Oracle’s strong forecast pushed AI stocks up, helping the S&P 500 recover from early-session losses and end the day higher.

  • Boeing fell sharply after a fatal crash involving an Air India 787 raised renewed safety concerns for the aircraft manufacturer.

  • Market optimism grew following soft inflation data, reinforcing expectations for a potential interest rate cut later this year.

• Cisco & JP Morgan to Host Innovation Tech Talk

  • Cisco and JPMorgan will co-host a livestreamed Tech Talk on June 16 to discuss emerging AI trends and product innovation.

  • Key speakers include Cisco’s Chief Product Officer and Senior VP of AI, offering insight into the company’s future direction.

  • Viewers can register online to access the talk and explore Cisco’s strategic priorities in the evolving enterprise tech landscape.

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