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

In today’s edition we are tackling the following:

🚨 FBI raid the home of Polymarket’s CEO in mystery raid.
🎶 YouTube launches AI-remixing tool, giving creators new music options.
📱 Apple’s new AI notification summaries bring humor to users.
🤖 Johns Hopkins’ surgical robot reaches human-level skills through video training.
🚚 Uber Eats tests robot delivery with Austin-based firm Avride.

BREAKING

• FBI seizes Polymarket CEO’s phone, electronics after betting platform predicts Trump win

  • FBI agents raided the Manhattan apartment of Polymarket CEO Shayne Coplan early Wednesday morning.

  • The US law enforcement demanded he turn over his phone and other electronic devices.

  • Coplan was not arrested and has not been charged, but was not provided with a reason for the raid.

AI

• OpenAI, Google and Anthropic are struggling to build more advanced AI

  • OpenAI’s new AI model, Orion, hasn’t reached expected performance benchmarks, delaying its release to early next year.

  • Google’s Gemini and Anthropic’s Claude 3.5 Opus also face issues, hindered by diminishing returns and data limitations.

  • Lack of new, high-quality training data strains development, with costly improvements falling short of major advancements.

• Apple is breaking up relationships with its new AI notification summaries

  • Apple’s AI summarizes notifications with varied success, often creating humorous and unintended interpretations.

  • While helpful for some notifications, the AI struggles with nuanced messages, leading to awkward misunderstandings.

  • These summaries may not revolutionize notifications, but they bring occasional, if unintentional, entertainment to users.

• YouTube Lets Select Creators Remix Songs Using AI

  • YouTube is testing a feature allowing creators to remix tracks by describing style changes via the Dream Track tool.

  • The feature generates 30-second snippets, credited to original artists, for use in Shorts.

  • YouTube has partnered with Universal Music Group to ensure artist compensation for AI-generated remixes.

ROBOTICS

• Robot watched a few videos and performed perfect human surgery

  • A Johns Hopkins-led team used imitation learning to train surgical robots, achieving human-level skill in core tasks like suturing.

  • The system, trained via surgery videos, eliminates the need for manual programming, moving robotic surgery closer to full autonomy.

  • This breakthrough could enable rapid training for various procedures, potentially reducing errors and increasing surgical precision.

• Austin Firm’s Robots Now Delivering Uber Eats

  • Uber Eats is testing Avride’s delivery robots in downtown Austin, with an initial area from Cesar Chavez Street to 15th Street.

  • Customers can choose human couriers instead, with tips waived for robot deliveries, benefiting local businesses with reduced delivery costs.

  • Avride aims to expand to Dallas and Jersey City later this year, with plans for a larger robot fleet and robotaxi services in 2025.

• China unveils high-speed all-terrain quadruped robot

  • Deep Robotics’ Lynx robot navigates rugged terrains, performing flips, climbs, and sharp turns.

  • Equipped with all-terrain wheels, it supports emergency response, exploration, and rescue missions.

  • Lynx uses LiDAR and cameras to cover wide areas and share essential data efficiently.

CRYPTO

• Crypto industry lobbies Trump administration to influence policy

  • Crypto leaders are pushing Trump’s transition team to relax regulations, ending the SEC’s crackdown on the sector.

  • Executives like Coinbase’s CEO are connecting with Trump’s allies to influence key personnel choices.

  • Trump’s policies, including a ‘national Bitcoin stockpile,’ promise significant changes for the industry.

• Bitcoin at $100K very possible by EOY, analysts say

  • After hitting $90K, analysts see Bitcoin continuing its rally, with $100K possible before year-end.

  • CME trading volumes and futures premiums are spiking, signaling strong market sentiment and a possible upside.

  • Analysts warn of potential volatility but see parallels with BTC’s 2017 rally, making current momentum a bullish indicator.

• BlackRock Expands Beyond Ethereum to 5 New Blockchains

  • BlackRock's BUIDL fund, initially on Ethereum, is now accessible on Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet, and Polygon.

  • The BUIDL tokenized fund is backed by U.S. Treasuries, holding $520M in assets and offering yield and collateral options for DeFi protocols.

  • Management fees vary across networks, with lower fees on Aptos, Avalanche, and Polygon as ecosystem partners subsidize costs.

CONTENT

• The Future of Wearables and AR With Alex Himel

  • Meta's VP of Wearables, Alex Himel, discusses innovations in wearables, AR, and AI-driven experiences in Meta’s product ecosystem.

  • Himel and Boz explore the reception of Orion AR glasses since their announcement and how they’re pushing the frontier of immersive tech.

  • They go deep on Orion and the positive reception it’s received since Mark Zuckerberg announced it at Connect.

• How To Build The Future with Sam Altman

  • YC President and CEO Garry Tan sits down with Altman to talk about the origins of OpenAI.

  • Also Sam’s time at YC, commercialising GPT-4, learning from platform shifts and more.

  • The Y Combinator channel current sits at 1.57M subscribers.

• We Only Have 6 Years Until Everything Changes

  • Raoul Pal, CEO of Real Vision, explains how AI will disrupt the global economy, suggesting crypto as a key asset for stability and growth.

  • He covers financial survival tactics, focusing on Bitcoin, Ethereum, and Solana, and offers insights on leveraging blockchain and AI trends.

  • The conversation closes with Pal's predictions for crypto prices and his advice on balancing quality of life with financial ambition.

AND MORE…

• Donald Trump picks Elon Musk for new cost-cutting role

  • Elon Musk and Vivek Ramaswamy will lead the advisory Department of Government Efficiency (DOGE).

  • Trump’s goal is to reduce spending and bureaucracy, targeting $6.5 trillion in government expenditures.

  • Musk’s approach mirrors his cost-cutting actions at Twitter (now X).

• Sam Altman's World project launches in Brazil

  • Sam Altman’s World project, formerly Worldcoin, has launched human verification in Brazil.

  • Brazil’s crypto-friendly environment and population of 215M make it a key target for World’s expansion.

  • The project aims to verify human identities as online AI activity grows, addressing bot-related issues.

• Millennium Space delivers two spacecrafts for upcoming NASA mission

  • Millennium Space Systems completed two satellites for NASA's TRACERS mission, set to study space weather in 2025.

  • TRACERS will explore the interaction between the solar wind and Earth's magnetosphere, impacting satellites and power grids.

  • Scheduled for launch on a SpaceX Falcon 9, the mission aims to improve space weather forecasting.