Bootstrapped for Cash

Why is everyone trying to buy Perplexity?


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This week, we're back with the latest AI news from last week, and the big headline is Apple reportedly eyeing a deal to acquire Perplexity. Meta already tried (and failed), so now Mark Zuckerberg is on a new mission: to lure every AI expert out there with fat paychecks.

We also share updates on our own product journey, including tools we're testing to improve our video content and AI-powered translations.

If you enjoy the episode, drop us a comment or share it with a friend. We’d love to build this together with you!

Links:

MIT paper "Your Brain on ChatGPT":

https://arxiv.org/pdf/2506.08872

Tensions between OpenAI and Microsoft:

https://archive.ph/4HP14

OpenAI is sued by startup Iyo for trademark infringement:

https://www.cnbc.com/2025/06/24/sam-altman-slams-iyo-lawsuit-after-openai-pulls-blog-post-on-ive-deal.html

https://business.cch.com/ipld/IYOIOProdsComp20250609.pdf

Meta is trying to hire Safe Superintelligence Inc’s CEO Daniel Gross:

https://www.cnbc.com/2025/06/19/meta-tried-to-buy-safe-superintelligence-hired-ceo-daniel-gross.html

Meta approached Perplexity before massive Scale AI deal:

https://www.cnbc.com/2025/06/20/meta-perplexity-scale-ai-deal.html

Apple executives held internal talks about buying Perplexity:

https://www.reuters.com/business/apple-executives-held-internal-talks-about-buying-perplexity-bloomberg-news-2025-06-20/

Full release of Gemma 3n:

https://developers.googleblog.com/en/introducing-gemma-3n-developer-guide/

Release of Gemini CLI:

https://techcrunch.com/2025/06/25/google-unveils-gemini-cli-an-open-source-ai-tool-for-terminals/

Reddit is considering using World ID, the verification system based on iris-scanning co-founded by Sam Altman, to verify users⁠:

https://www.semafor.com/article/06/20/2025/reddit-considers-iris-scanning-orb-developed-by-a-sam-altman-startup

6-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash:

https://techcrunch.com/2025/06/18/6-month-old-solo-owned-vibe-coder-base44-sells-to-wix-for-80m-cash/

Video editing tools:

https://www.capcut.com/

https://www.blackmagicdesign.com/products/davinciresolve

https://www.captions.ai/

Voice AI platform:

https://elevenlabs.io/

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Bootstrapped for CashBy Sealambda