Today's sponsor

In Today’s Edition 

• OpenAI CEO raising money for distributed chip manufacturing company 

• Google DeepMind Scientists In Talks To Leave And Form AI Startup

• Vision Pro sales estimated at 160k to 180k over first three days

• I think we can all agree that GPT-4 completes many tasks at human-level proficiency

• Samsung’s smart ring might signal the start of a new wearable era

• World's largest nuclear reactor, capable of providing unlimited forever energy, in making

We’ve been trying to reach you…

…about your car’s extended warranty. Tired of getting those calls? Here’s your chance to protect yourself, your personal data, and your sanity.

Incogni is a personal data removal service that scrubs your sensitive info (think: SSN, DOB, home addresses, health information, and contact details) from the web.

With Incogni, you’ll worry way less about:

• Identity theft

• Health insurers raising your rates based on info from data brokers

• Robo and spam calls

• Scammers taking out loans in your name

Protect your personal info + get 60% off the Incogni annual plan at this link with code PRIVACY.

🚀Startups Nuts

OpenAI CEO raising money for distributed chip manufacturing company 

Sam Altman is reported to be raising money for a resilient and distributed system of AI chip manufacturing factories. The current AI chip supply chain is strongly tied to geopolitical conflicts and is at risk of disruption.

Google DeepMind Scientists In Talks To Leave And Form AI Startup

A pair of scientists at Google's artificial intelligence subsidiary DeepMind is in talks with investors to form an AI startup in Paris, highlighting how in-demand top AI minds are at the moment.

🏭Business Nuts 

Vision Pro sales estimated at 160k to 180k over first three days

Analysts are estimating that Apple Vision Pro sales were between 160,000 to 180,000 units over the first three days. The estimate is over 40% of the 400,000 units Apple is expecting to sell in the first year. The estimate is based on pre-order inventory and shipping times. Apple likely didn't have enough stock on hand to meet initial demand, but demand and supply now appear to be balanced.

Why Elon Musk needs MrBeast 

MrBeast posted a video to X last week with the explicit goal of seeing how much ad revenue a video on the platform would make. The video made $260,000 with more than 150 million views. While the video performed well, MrBeast noted that advertisers bought ads to run specifically on his video, earning him a higher rate. There were also multiple reports that X was quietly boosting the video to viewers, artificially inflating the view count.

📱Tech Nuts

I think we can all agree that GPT-4 completes many tasks at human-level proficiency

While GPT-4 is proficient in many tasks, it is also imperfect in odd ways. For example, it can speak all languages, but barely do math. As AI becomes more competent, the technology will have an increasingly large impact on the world. This post lists several ways AI could impact the world and asks some important questions about how these impacts will change the world. The areas affected by AI include markets, real estate, energy, data centers, nations, inflation, and geopolitics.

Samsung’s smart ring might signal the start of a new wearable era

Samsung ended its Unpacked event with a tease of its Galaxy Ring. There were few details given onstage besides a flashy reel of a sparkly ring with a few visible sensors on the inside of the band. A Samsung spokesperson said that the ring was designed to empower people to manage their health by providing consistent and accurate tracking data. The rings will reportedly come in three finishes and in sizes up to 13 and will be available later this year.

🎁Miscellaneous

World's largest nuclear reactor, capable of providing unlimited forever energy, in making

The International Thermonuclear Experimental Reactor (ITER) is a fusion reactor that may one day provide the Earth with unlimited energy. The project started in 2005. Fusion reactions occur when two small particles collide, forming a heavier atom and producing a significant amount of energy without creating radioactive waste. If successful, ITER will be arguably the most complex machine ever designed.

💡What else are we reading and seeing?

• Deepdive: Text-To-Video 

• How I’m (re)learning math as an adult

• The Dow closes above 38,000 for the first time ever

• Macy’s takeover battle could get hostile 

• The Wall Street landlord phase is back

• Why most billionaires come from Mom and Dad

• An investment banker’s AI warning 

• 9 signs someone is highly intelligent but insecure 

• Instead of chasing happiness, build deeper meaning in your life

😎Fun Fact

The world's most expensive coin, the 1933 Double Eagle, was sold at auction for $18.9 million in 2002

🔥 Hot Book of the Day

If you've felt alienated and alone in recent years, you're in good company.

Whether it's a rift in your family, polarization at your workplace or just a sense that society isn't as connected as it once was, many of us feel painful chasms in our connections.

Internationally-recognized curiosity expert and bridge builder Scott Shigeoka knows that there’s only one cure: Deep Curiosity.

Rooted in a desire to understand, rather than to know, a practice of Deep Curiosity can help us leverage something we think of as an intellectual force or personality trait into a heart-centered daily practice to transform our well-being and our lives.

“Energizing, creative, and exciting, Seek is a revolutionary playbook to heal division, loneliness, estrangement, hatred, and our most urgent societal challenges.”

🐦Joke of the Day

Enjoy The Cash Nut? Consider forwarding it to a co-worker, colleague, classmate, or whoever you think might be interested. 

Advertise With us - Link

Keep an Eye on our Weekly newsletter, where we gonna share resources like Financial Models, AI tools, and much more.

That’s it from our side for today.