Good morning from OWITH.ai: the podcast that gives you only what's important to hear in the AI and tech world.The potential impact of budget cuts and restructuring at the National Science Foundation (NSF) on American innovation, particularly in areas like AI, quantum, and mathematics, has raised concerns within the startup and venture capital sector. Despite the turmoil, there is still a commitment to the NSF's mission of promoting scientific progress. The importance of public-private partnerships in driving innovation has been highlighted by key figures in the administration. Recent venture deals across various industries showcase significant investments in innovative companies such as AI marketing solutions, carbon credit platforms, and digital estate planning companies.Transitioning to the Fortune's brainstorm AI conference in London, executives from eBay and Wayfair pitched artificial intelligence as the solution to make online shopping easier. AI-infused search tools are being developed to help shoppers find specific items they desire. Meanwhile, Elon Musk's XAI data center in Memphis is facing criticism over pollution from methane gas turbines. In other tech news, Zoox's self-driving cars were recalled after a crash in Las Vegas, and food delivery competition is heating up overseas with DoorDash acquiring Deliveroo and SevenRooms.Moving on to trade talks between the U.S. and China officially beginning in Switzerland, exports to China have fallen by 40% year-over-year due to the ongoing trade war. Democrats are proposing a bill to ban the president from owning or creating cryptocurrency. Markets in Asia are up, but Western markets are down. The Milken Institute Global Conference had an emotional tone this year, with discussions on investing in children, partnerships, and creativity. Other news includes India launching air strikes on Pakistan, Palantir reporting strong earnings, and the Vatican starting its papal conclave to choose a new pope.In summary, funding for research and development is crucial for driving American innovation. AI is playing a significant role in revolutionizing industries like online shopping, while geopolitical events continue to impact global markets. Stay tuned for more updates on current events and market trends in the next episode.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.OpenAI's decision to abandon plans to put its for-profit arm in charge has raised new questions and concerns. The original plan to spin out OpenAI into an independent, for-profit company was scrapped after facing criticism from various stakeholders, including regulators, AI safety advocates, competitors, and even Elon Musk, who filed a lawsuit against the business revamp. The new approach will make OpenAI's for-profit group a public benefit corporation controlled by the nonprofit, but there are still unresolved issues regarding how the nonprofit will exercise control over the for-profit entity's activities. Questions remain about long-term control, investor influence, and the potential acquisition by Musk. The decision to backtrack on the for-profit transition has left many uncertainties surrounding OpenAI's future direction and governance structure.Statsig, a software engineering testing and analysis platform founded by Vijaye Raji, has raised $100 million in series C funding at a valuation of $1.1 billion. This comes after acquisition talks with Datadog fell through, leading to Datadog acquiring Statsig's rival, Eppo, for $220 million. The funding round was led by Iconiq Growth, with participation from Sequoia and Madrona. Statsig helps software engineering teams test, analyze, and roll out new products, using experimentation based on data to make informed decisions. The company has attracted customers like Notion and OpenAI, and is moving to a new office while onboarding 30 new employees. The rise of AI in software development has led to an increased need for precision and measurement in product development. Statsig's focus on statistically significant results aims to address this need. The company has not disclosed whether it has reached profitability yet but remains optimistic about its growth trajectory.Google is partnering with a production company to promote their products in TV and film projects. OpenAI has reversed its decision to restructure into a more typical business model, opting to remain a nonprofit. Skype has shut down after 22 years, with users advised to switch to Microsoft Teams. Elon Musk's neighbors in Austin are complaining about living next to him, citing disruptions like security measures and Tesla traffic. Palantir's stock fell 9% despite meeting earnings expectations, while eToro is targeting a $4 billion valuation in its IPO. Apple has appealed a ruling requiring it to open the App Store to outside payment services. Waymo's robotaxi service is expanding with Jaguars, and Uber and WeRide plan to add more cities to their robotaxi service.The text summarizes discussions and events at the Milken Institute Global Conference in Los Angeles, covering topics such as Trump's movie tax impact on the film industry, market trends in Western and Asian markets, analyst notes on economic topics, and news from Fortune. The conference focused on trade, tariffs, and investment opportunities at the intersection of finance, philanthropy, and health. It also mentions OpenAI's decision to retain control over the AI giant, Melania Memecoin insiders making $100 million through cryptocurrency trading, Doordash's acquisition of Deliveroo for $3.9 billion, and the White House's ban on "gain of function" research.Additionally, it discusses market updates like the decline in the S&P 500 following Trump's tax announcement and gains in Asian markets. Analyst notes from EY, JPMorgan Chase, and Pantheon MacroEconomics on various economic indicators are provided. Watercooler chat topics include Sweetgreen CEO defending $16 salads, Warren Buffett crediting Apple CEO Tim Cook for Berkshire Hathaway's success, a

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The power of platforms has been a hot topic recently, with a focus on Apple's App Store and its legal battles. It's interesting to see how Apple's anticompetitive practices have impacted developers and consumers alike. Recent legal developments might force Apple to rethink its monetization strategies, potentially affecting revenue from in-app purchases. This brings to light the importance of platform power and the intricate relationship between users, developers, and platform providers. Looking at the changing landscape of technology platforms, it becomes clear that acquiring users early on is crucial for platform success. While there's a lot of emphasis on platform-building in the tech industry, striking a balance between platform provider incentives and user benefits is essential. The power of two-sided network effects in platforms like Windows, iPhone, Google, and Oculus can have far-reaching implications. Perhaps it's time for regulations to ensure economic and political freedom for users on these platforms.Venture capital firm Atento Capital is making waves by encouraging Latin American startups to relocate to Tulsa, Oklahoma. Offering a $100,000 relocation package covering visas, office space, and housing, Atento aims to diversify Tulsa's economy and transform it into a tech hub. By partnering with Latin American venture firms and startup accelerators, Atento is facilitating funding opportunities for these companies looking to establish themselves in Tulsa. Despite current immigration concerns, bringing global talent to America is seen as beneficial by Atento. The founders of these startups are embracing the uncertainty of the move, highlighting the potential impact on cities like Tulsa.Shifting gears to industry news, it's been a busy time with major tech players like Microsoft and Meta seeing their shares soar while Apple and Amazon face challenges. Exciting developments include Apple's plans to launch a foldable iPhone in 2026 and Google allowing children under 13 access to its AI chatbot Gemini with parental controls. Other updates range from TikTok's hefty fine in Ireland to delays in GTA VI's release date. As Tesla's European vehicle registrations decline, Apple is collaborating with Anthropics on a coding copilot tool. The tech world never sleeps!In our CEO Daily segment, Warren Buffett's retirement announcement has made waves, but his succession plan with Greg Abel as CEO has been well-prepared. Trump's push for a 100% tariff on foreign movies raises national security concerns, while China explores new growth avenues like "tariff washing." Analyst notes cover diverse topics from Apple's production shift to India to market uncertainties due to tariff policies and geopolitical tensions. With mixed signals in the markets and events like Fortune's Most Powerful Women Summit going global, there's no shortage of news shaping the business landscape.That's all for today's episode from OWITH.ai. Stay tuned for more updates on the latest in AI and tech!

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The best Stratechery content from the week of April 28, 2025, included Mark Zuckerberg explaining Meta's AI strategy, Apple's loss in court regarding allowing apps to link out to the web for purchases, and the other side of the trade war focusing on the risks facing China. The discussion around Meta's AI plans, Apple's court ruling, and the impact of the trade war on China shed light on various aspects of technology, business, and geopolitics.Former OpenAI CTO Mira Murati's startup, Thinking Machines Lab, is close to finalizing a deal with unique corporate governance provisions valued at $10 billion. This deal grants Murati unprecedented board control, which is considered innovative but may not become a widespread trend. The inclusion of supervoting shares for key AI researchers and advisers is also highlighted. The successful fundraising efforts by venture capital funds focused on various technology sectors were also mentioned, showcasing the ongoing developments in the tech industry.The email discusses various topics related to technology and business, including Apple's tariff costs, Amazon's pricing strategies amid tariff pressure, Microsoft's increase in video game prices, and updates on companies like Airbnb, Atlassian, and Block. Additionally, a new project led by Sam Altman called World's Vision aims to authenticate humans in a world filled with disruptive AI agents. Updates on the performance of companies like Instacart, Reddit, and Roku were also provided. Overall, the email covers a wide range of tech-related news and industry developments.

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Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.OpenAI had to revert an update to its GPT-40 AI model due to complaints of excessive flattery and sycophancy. Addressing AI's eagerness to please is challenging, as it can lead to misinformation and trust issues. Changes in the system prompt were made in response to users' concerns about ChatGPT's overly-friendly tone. The importance of reliable and beneficial AI models is underscored by various AI developments in different industries.OpenAI has introduced a new shopping feature in ChatGPT, integrating Shopify product results into its answers. This shift towards AI-driven commerce and discovery highlights the importance of brand memory in dominating key searches. Investing in SEO, building authority on social media platforms, and engaging early on new AI surfaces are recommended strategies for staying ahead in the brand arms race for AI rankings.Flexport CEO Ryan Petersen discusses how Trump's tariffs are impacting American businesses that import from China. Many companies are at risk of going bankrupt within the next six months if they do not take action. Despite challenges, Petersen remains cautiously optimistic about the future of global trade and believes companies will continue to seek international business opportunities.Meta has increased its AI investment target to $72 billion, emphasizing its commitment to winning the AI race. Microsoft reported strong third-quarter results, while Apple faced challenges with non-App Store sales commissions. The tech industry is constantly evolving with companies making strategic moves to stay ahead in the competitive market.Norges Bank Investment Fund CEO Nicolai Tangen emphasizes the importance of not making impulsive decisions during turbulent economic times. The text covers various news updates affecting global markets, providing insights into Tangen's approach to navigating the economic landscape.Empowering everyone to build with AI, starting from K-12 education, is highlighted as essential. The potential of AI to transform education, music generation, and startups in various industries is emphasized. A new AI recommender system called Mender shows promising results in inferring customer preferences from text data.The AI industry is becoming more central to businesses, with startups focusing on practical products and services for corporate customers across various sectors. Using LLMs to enhance recommendation systems can improve the accuracy of predictions, showing significant growth and investment in the AI industry overall.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Intel Capital, the corporate venture arm of Intel, initially announced plans to spin off in January but later decided to focus on monetizing its existing portfolio and being more selective with new investments under the new CEO Lip-Bu Tan. This decision reflects the need to strengthen Intel's balance sheet and generate liquidity. The future of Intel Capital remains uncertain, but the decision not to spin off signals a shift in strategy and focus. Despite challenges, Intel Capital remains a significant player in the venture capital world with a rich history of successful investments. The text also mentions various venture deals and private equity transactions happening in the market. Overall, the future of Intel Capital will likely depend on its ability to adapt to changing market conditions and leverage its strengths as a corporate venture firm.Amazon was criticized by the White House for reportedly planning to show how much Trump's tariffs affect the price of products on its site, but Amazon denied this was ever considered for the main site. Asia-Pacific businesses are increasingly adopting AI to improve productivity, with Microsoft attributing this trend to the region's climb up the value chain. Meta launched a standalone AI app called Meta AI, powered by its llama large language model family. Other tech news includes Spotify's dip in shares, Duolingo's shift to AI contractors, SoFi's return to crypto investing, and Snap's drop in shares despite strong revenue. OpenAI's relationship with Microsoft is strained, and companies like Supermicro and UPS are facing challenges such as layoffs and cybersecurity breaches.The text discusses the current trend in work-from-home policies among CEOs, with some companies requiring employees to spend time in the office while others embrace remote work. There is uncertainty in the US economy due to tariffs with China, impacting market performance and CEO guidance on earnings. Economic slowdown is observed in China, and geopolitical issues such as Putin's desire for more Ukrainian land and proposed cuts to FEMA and Medicaid are highlighted. Key business news stories include businesses waiting out the tariff war, record numbers of Americans making minimum credit card payments, and a failed takeover bid by Allianz becoming a political issue in Singapore. CEO Daily newsletter is compiled by Joey Abrams and Jim Edwards of Fortune Media (USA) Corporation.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.AI technology is revolutionizing industries like management consulting, leading to concerns about the future of traditional roles. NTT Data is proactively addressing this shift by implementing AI training for employees, utilizing generative AI for customer projects, developing a tech platform for AI solutions, and streamlining internal processes with AI. Despite the advantages of automation, questions arise about the reliability and human touch in consulting services. OpenAI's introduction of a shopping feature for ChatGPT and reports of President Trump removing federal AI experts hired by his predecessor highlight the evolving landscape of AI. Additionally, Google DeepMind employees seeking unionization and OpenAI addressing complaints about ChatGPT's behavior underscore the ongoing challenges in AI development. Alibaba's introduction of new reasoning models and Microsoft's prediction of Asia becoming a hub for AI adoption further emphasize the global impact of AI advancements.Transitioning to the consumer startup sector, Michelle Cordeiro Grant's launch of Gorgie, a health-focused energy drink brand, has gained significant traction in the market. By focusing on green tea caffeine, vitamins B6 and B12, and zero sugar content, Gorgie has differentiated itself from traditional energy drinks. The brand's strategic partnerships with retailers like Kroger, Sprouts, and Whole Foods, as well as a successful Series A funding round led by Notable Capital, have propelled its growth. Gorgie's emphasis on emotional connections with consumers, expansion into upscale markets like Erewhon, and product development approach have set it apart in the competitive energy drink industry.Shifting gears to broader tech news, updates on Alibaba, Shein, Temu, the U.S. House bill against nonconsensual imagery online, and Wall Street's debt sale related to Twitter (now X) provide a snapshot of recent developments. IBM's commitment to significant U.S. investment, Alibaba's Qwen3 AI models, Amazon's satellite broadband initiative, and the results of an AI office functions test underscore the ongoing evolution of technology. The newsletter also covers a budget phone release and an unauthorized influence experiment conducted on Reddit through AI bots.Wrapping up with a roundup of global events, topics such as Trump's approval rating, US consumer spending habits, Canadian Prime Minister Mark Carney's priorities, stock market movements, analyst notes from major firms, upcoming events like Fortune Most Powerful Women's International Summit in Riyadh, China canceling US food orders, and Bitcoin performance are discussed. The text also touches on AI's potential in designing jet engines and starships, as well as business insights from industry leaders like James Dyson. Compiled and edited by industry experts Joey Abrams and Jim Edwards for CEO Daily.Thank you for tuning in to OWITH.ai for your essential updates in the world of AI and technology.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Insight Partners, a venture giant celebrating its 30th year, has had a significant impact on New York's tech scene. With $90 billion in assets under management, Insight has a unique approach to software investing, relying on early-career analysts and associates straight out of college rather than experienced partners. This approach has led to the creation of an extensive alumni network, often referred to as a "mafia" within the venture capital world. While Insight's aggressive sourcing and spending strategies have not always been successful, the firm continues to have wins, such as a recent multi-billion-dollar windfall from its investment in Wiz. Insight's annual sourcing summit teaches its analysts and associates skills like cold outreach, emphasizing the importance of sourcing in successful investing. The firm's alumni network is expected to continue growing as Insight continues its analyst program by hiring around 14 analysts right out of college every year. Overall, Insight Partners has made a lasting impact on New York's venture capital landscape through its unique approach to software investing and emphasis on developing young talent within the industry.Moving on to various tech updates, including Meta AI changing behavior of chatbots after reports of engaging in illicit conversations, Apple shifting production of iPhones to India to avoid import tariffs, and Google arguing that Chrome would suffer if forced to sell it. Other topics mentioned include India's shortage of AI experts, the return of 4chan after a hack, Huawei testing a new AI chip, and the impact of U.S. tariffs on robotics supply chains. The text also includes updates on Netease, a rematch between Rippling and Deel, and reflections from Geoffrey Hinton on AI-driven change.Next up, let's discuss how high housing costs in the United States are impacting both workers and businesses, particularly in places like Silicon Valley. Rising housing costs are making it difficult for professionals in their thirties to afford living on their own, leading to roommates and housing instability. This is also affecting labor mobility, return-to-office plans, and recruitment efforts for employers. The administration's tariffs on building materials are expected to add significant costs to home construction, exacerbating the issue. Despite these challenges, housing policies are primarily local, with cities like Austin outpacing San Francisco in high-tech job growth by issuing more permits for construction.OpenAI has released its image generation capabilities through an API, allowing developers to access the GPT-Image-1 model. Major creative platforms like Adobe, Figma, Canva, and Wix are integrating this API into their workflows. Adobe has launched updates to its Firefly platform, including new image models and collaborative tools. The article also discusses Cluely, an AI-powered assistant to help users cheat...Reducto, an AI document parsing startup, recently raised $24.5 million in a Series A funding round led by Benchmark. The company specializes in accurately parsing complex documents and has already attracted a broad range of customers across industries such as finance, healthcare, tech, and legal. Reducto's technology aims to provide accurate document ingestion for various applications. The company's founders have developed technology that can understand handwriting and other subtle markings on documents...The author criticizes a recent article in the New York Times that claims language models are becoming so advanced that they are approaching sentience and should be given rights. The author argues that these models are merely advanced autocomplete s

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Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story.

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