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In Today’s Edition
SpaceX will attempt the first commercial spacewalk
Phil Schiller to join OpenAI board in ‘observer' role following Apple's ChatGPT deal
This is Google AI, and it's coming to the Pixel 9
Changing a Single Gene Gave Mice Supercharged Hearing
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🚀Startups Nuts
Polaris Dawn, a mission designed to purchase the limits of SpaceX's technology and help pave the way for a longer-term human presence in space, is now set to launch no earlier than July 12. It will be SpaceX's second all-civilian mission and the first in its Polaris program. The mission plans include the first commercial spacewalk, research on human health in space, and tests to equip the spacecraft with Starlink Wi-Fi. It will reach an orbit of over 800 miles above Earth, the furthest out a human has gone from the planet since the Apollo era.
Other News
Runway, an AI video startup, is in talks to raise $450m led by General Atlantic at around a $4b valuation
Beacon Therapeutics, a U.K. ophthalmic gene therapy company, raised $170m in Series B funding
Lombard, a bitcoin restaking startup, raised $16m in seed funding
Tembo, a Postgres-managed service based in Cincinnati, raised $14m in Series A funding
Kvantify, a Danish quantum computing-driven drug discovery startup, raised €10m in seed funding
Redactive, an Australian security startup for generative AI in the enterprise, raised US$7.5m in seed funding
Mamori, an SF-based web3 security firm, raised $5m in seed funding
Tree.ly, an Austrian carbon offset startup, raised €5m in seed funding
🏭Business Nuts
Apple Fellow Phil Schiller has been selected for an observer role on the OpenAI board. He will be able to observe board meetings but will not have any voting power. This will allow Apple to gain insights into how decisions are made at OpenAI. The arrangement will take effect later this year - details of the situation could still change.
Other News
BYD, a leading Chinese electric vehicle manufacturer, posted a 21 percent increase in EV sales in the second quarter, selling 426,039 units from April to June, which is just 12,000 fewer vehicles than Tesla’s estimated deliveries for the same time period.
Threads has reached more than 175 million monthly active users. Launched on the App Store last year on July 5, the app is still growing steadily. Meta hasn't shared daily user numbers, suggesting that Threads is getting a lot of traffic from people who have yet to become regular users.
Tesla shares surged 6.5% on Wednesday, following a 10.2% jump on Tuesday. This rally followed Tesla's Q2 delivery announcement of 466,140 vehicles, significantly surpassing the 439,000 expected by analysts. Total production for Q2 was 479,700 vehicles, up 8.8% from Q1 and 85.5% year-over-year.
US job openings rise in May to 8.1 million while layoffs also increase, indicating slowing but resilient labor market.
Amazon will discontinue its Astro for Business robot security guard less than a year after its launch to concentrate on its home version of Astro.
📱Tech Nuts
The upcoming Google Pixel 9 series will introduce new machine learning abilities under the branding of Google AI. Google AI includes features such as Add Me, Studio, and Pixel Screenshots. Add Me appears to be an upgraded version of Best Take and Studio is likely a previously seen Creative Assistant app. Pixel Screenshots is a feature that closely resembles Microsoft's controversial Recall feature except that it uses screenshots users take themselves instead of recording everything users do on their devices.
Other News
Meta 3D Gen has the potential to reshape numerous industries and create new opportunities for innovation in 3D content creation and visualization.
Google reported a 48% increase in greenhouse gas emissions over the past five years due to the high energy demands of its AI data centers.
New vulnerabilities in the open-source tool Cocoapods could leave millions of iOS and MacOS apps susceptible to hijacking, affecting popular apps like TikTok, Snapchat, and LinkedIn.
Version 67 of Horizon OS has an experimental feature that allows Quest owners to multitask with up to six virtual windows.
A hacker accessed OpenAI's internal messaging systems early last year and stole design details about the company’s artificial intelligence technologies.
French AI lab Kyutai introduced Moshi, a conversational AI assistant capable of natural interaction, at an event in Paris and plans to release it as open-source technology.
🎁Miscellaneous
University of Michigan researchers have created mice with supercharged hearing abilities by dialing up the expression of a nerve growth gene called neurotrophin-3 (Ntf3). Previous research has shown that increasing Ntf3 expression can improve hearing in middle-aged mice and help recover some hearing in mice with damaged inner ears. The treatment works by increasing the number of connections between hair cells in the ear's cochlea and the brain. The researchers believe the treatment could potentially work in humans.
💡What else are we reading and seeing?
AI's $600B Question
Against the Burden of Knowledge
The Underground Network Sneaking Nvidia Chips Into China
Why are Japanese developers not undergoing mass layoffs?
Why AI infrastructure startups are insanely hard to build
Earth's Mysterious, Deep-Dwelling Microbes We're Only Starting to Understand
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