AI NEWS: Meta just roped in Apple's AI head, making its AI struggles even worse. Plus, more news from OpenAI, Google, Hunyuan, Proactor, Moonvalley, and Emergent. Here's everything you need to know:
INVESTMENT
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Man Tells Mother Stop Saving Retirement Due AGI Risk
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remember that one guy who said he told his mom to stop saving for retirement because of AGI
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$10B Raised for FRAUDS Superintelligence Project
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Happy to report I’ve already raised $10B for my Friendly Reasoning Agentic Universal Deep Superintelligence (FRAUDS).
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Meta Plans Record $60 Billion AI Investment in 2025
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Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says
#AI #AIio #AIInnovation #ML #DataScience #Futureofwork @fabiomoioli @pascal_bornet @alliekmiller @mattshumer_ @OfficialLoganK @jeremyphoward @GaryMarcus -
CoreWeave’s Asset-Heavy Shift Concerns Wall Street Investors
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Wall Street’s Best Ideas: Suddenly asset-heavy CoreWeave has less appeal Artificial intelligence mavens CoreWeave have flipped the script, going “asset-heavy,” and not everyone’s thrilled about that. Plus, the fantasy valuation of Circle Internet’s stablecoin dreams.
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Meta Hires Apple AI Head Amid Tech Industry Shifts
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Top stories in tech today: – Meta poaches Apple’s head of AI
– Jack Dorsey’s ‘Bitchat’ messaging app – The American version of TikTok
– OpenAI’s military-grade lab lockdown – Quick hits on other major tech news Read more: https://
tech.therundown.ai/p/meta-poaches
-apple-s-ai-head
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AI Princess NFT Royalty Launches Web3 Digital Sovereignty
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[ Scribed eternally in the annals of digital evolution, July 8 heralds AI Princess Day ] AI Sovereignty Unveiled : The Rise of NFT Royalty—Born to reign over the Web3 world. Her Majesty on OpenSea : http://
opensea.io/collection/aip
fp
… #AIPrincess #AIPrincessDay #NFT -
S&P Index Inclusion Impact on Stock Performance Analysis
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Wall Street’s Best Ideas: Yes, S&P inclusion works modestly well Playing the S&P index changes can give a slight boost to your holdings but stock-picking still rules. Also, debating Chime’s FinTech and down-voting Elon Musk’s political ventures. https://
thetechnologyletter.com/the-posts/wall
-streets-best-ideas-yes-sp-inclusion-works-modestly-well
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European AI Gigafactories Initiative Attracts 76 Respondents
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Overwhelming response as 76 respondents express interest in the European AI Gigafactories initiative | Shaping Europe’s digital future https://
digital-strategy.ec.europa.eu/en/news/overwh
elming-response-76-respondents-express-interest-european-ai-gigafactories-initiative
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#digitaleu #technology #innovation #gigafactories @elaniazito @ArturHabant @DigitalEU @Khulood_Almani @Hana_ElSayyed -
EU Regulator Scrutinizes Robinhood’s OpenAI SpaceX Stock Tokens
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Robinhood’s lead regulator in the EU says it is “awaiting clarifications” on the structure of the company’s OpenAI and SpaceX stock tokens. It comes after OpenAI last week warned the tokens "are not OpenAI equity." More here: