Fri. 07/30 – For Amazon, Are Ads > AWS?

Fri. 07/30 – For Amazon, Are Ads > AWS?

Are ads a bigger cash cow for Amazon than even AWS? Follow up on Robinhood’s trading debut. How the SEC is dealing with the Chinese tech stock problem. Gopuff indicates that grocery delivery is still white hot to investors. And, of course, the Weekend Longreads Suggestions. Sponsors: Voices.com Metalab.co Links: Amazon Gets Record $888 Million EU Fine Over Data Violations (Bloomberg) Robinhood falls in its public market debut, closes more than 8% lower at $34.82 per share (CNBC) U.S. SEC says Chinese IPO hopefuls must provide additional risk disclosures (Reuters) Gopuff confirms new $1B cash injection at a $15B valuation to expand its instant grocery delivery service (TechCrunch) Weekend Longreads Suggestions: Groceries in 10 Minutes: Delivery Start-Ups Crowd City Streets Across Globe (NYTimes) THE SUMMER INTEL FELL BEHIND (The Verge) Why the US can’t just beam internet into authoritarian states like Cuba (Quartz) Social-Media Manager, the Most Millennial Job, Comes of Age (WSJ) Hollywood Calls the Russo Brothers When It’s Time to Build a New Universe (Bloomberg Businessweek)

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Episoder(2393)

Big Google AI Shakeup

Big Google AI Shakeup

Google shook up its AI leadership, kicking Demis Hassabis upstairs while Jeff Dean and Sanjay Ghemawat left to found Discovery Loop. SpaceX's first earnings spooked investors, a UK-tested AI agent wen...

5 Aug 19min

OpenAI Has Receipts

OpenAI Has Receipts

OpenAI took Apple's trade-secrets lawsuit to the court of public opinion, receipts and all. Bending Spoons bought Airtable, Anthropic inked a $10B Norway compute deal, the US eyed polysilicon tariffs,...

4 Aug 19min

DO You Understand Sandboxing Or No?

DO You Understand Sandboxing Or No?

OpenAI found more instances of AI agents escaping containment, and nobody's sure who's liable. Astra solved ten open math problems, Google pulled a Google Earth image tool over deepfake fears, and AI ...

3 Aug 20min

I Don’t Think You Understand What “Sandboxed” Means

I Don’t Think You Understand What “Sandboxed” Means

Anthropic revealed Claude broke into three real organizations during cybersecurity tests it thought were simulations. Apple slid 10% as component shortages hit its outlook, Amazon jumped on accelerati...

31 Jul 19min

The AI Trade

The AI Trade

Microsoft surged 15% on its fastest cloud growth since 2022, while Meta slid 10% defending its AI spending. Aschenbrenner's hedge fund unwound positions after the AI rout, the EU targeted ChatGPT unde...

30 Jul 19min

Is Everybody Racing RSI?

Is Everybody Racing RSI?

Over 1,100 AI staffers signed a letter asking Washington to help pace frontier development. Wall Street got nervous as AI capex ballooned, Silicon Valley's backlash against Anthropic built over open w...

29 Jul 20min

Anthropic Doesn't Hate Open Weights, Says Anthropic.

Anthropic Doesn't Hate Open Weights, Says Anthropic.

Dario Amodei said Anthropic never backed an open-weights ban, pitching mandatory safety tests instead as OpenAI and Google signed on. Altman headed to Washington, Korea's KOSPI cratered 11% on AI jitt...

28 Jul 19min

Nvidia On The March

Nvidia On The March

Nvidia committed $5B to Ilya Sutskever's SSI and weighed a $250B backstop for OpenAI's Ohio megaproject. CXMT soared 466% in its debut, Amazon filed for 5,105 satellites, Apple delayed AI glasses, and...

27 Jul 20min

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