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In Today’s Edition 

• How a Startup Feels 

• Uber was fined $324m by Dutch and French regulators

• Anthropic has published the system prompts for its latest AI models

• Mark Zuckerberg accused the Biden administration

• How Do You 3D Print Glass? 

🚀Startups Nuts

How a Startup Feels 

Running a startup is similar to operating a complex machine that can generate wealth if configured correctly, but the process is fraught with uncertainty and challenges. The difficulty lies not in the sheer amount of work required but in the mystery of understanding how the various controls and mechanisms work, as their effects are often unpredictable and influenced by numerous factors. Success often depends on the ability to make confident decisions amidst the uncertainty, though this approach can also lead to failure if misjudged.

Other News

• Navigator Medicines, a Scotch Plains, N.J., developer of bispecific antibodies, raised $100m in Series A funding 

• nOps, an AWS spend management startup, raised $30m in Series A funding

• Supio, an AI platform for personal injury and mass tort plaintiff law firms, raised $25m in Series A funding

• SxT Labs, an LA-based developer of a "verifiable compute layer," raised $20m in Series A funding

• Viggle AI, a Canadian character animation startup, raised US$19m in Series A funding

• Planera, a San Jose, Calif., provider of scheduling and planning software for commercial construction, raised $13.5m in Series A funding

• Aerflo, maker of a portable carbonation device, raised $10m

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🏭Business Nuts 

Why Millionaire Nvidia Employees Are Still Working Until 2 a.m. 

Many of Nvidia's employees are millionaires because of the company's growth. Despite this, the company still has a 'pressure cooker' culture with long working hours, yelling and fighting at meetings, and company politics. Some employees work every day, including weekends, late into the night. Employees who work less than the norm are called out at company-wide meetings. The company maintains a low turnover rate, likely due to the way it gives its employees access to stock grants and its 'flat' hierarchy, which could make the company an appealing choice.

Other News

• Apple announced that its chief financial officer, Luca Maestri, will step down from his role at the start of next year, but he will remain with the company leading its corporate services team.

• Uber was fined ~$324m by Dutch and French regulators for transferring sensitive customer data from the EU to the US with inadequate protections. Uber will appeal the ruling.

• Red Lobster is closing 23 more locations, in addition to the 93 it shuttered in May, due to the chain’s ongoing bankruptcy proceedings.

• Walmart recalled 9.5k+ cases of Great Value brand apple juice sold in its US stores after they were found to contain potentially dangerous levels of arsenic.

• IBM is closing its R&D department in China, affecting 1k+ jobs. It will reportedly move operations to other regions, including India.

• Pixar’s Inside Out 2 is now the only animated film, and one of just 12 films total, to hit $1B+ at the international box office.

📱Tech Nuts

Apple working on next-gen humanlike AI ‘personality' that's not Siri 

Apple is reportedly developing an AI personality entirely separate from Siri for future Apple robotics devices. The company's first robotics projects are not expected to debut until 2026 or 2027. Apple will ship a brand new Apple Intelligence-fused Siri in iOS 18.1 later this fall. However, many of Siri's most powerful new capabilities aren't scheduled to arrive until sometime in 2025.

Other News

• Chinese AI developers are working with brokers to access computing power overseas - US sanctions don't restrict Chinese companies or their foreign affiliates from accessing US cloud services using Nvidia chips.

• Elon Musk recently shared a video of a small section of Tesla's new Cortex cluster, which is still currently being completed.

• Gemini’s paid add-on for Google Workspace now allows users to upload documents and perform data analysis. You can upload Sheets, Docs, CSVs, or PDFs. With data analysis, you can do advanced research, identify trends, create charts etc. using Gemini without leaving your Workspace apps.

• Anthropic has published the system prompts for its latest AI models, including Claude 3 Opus, Claude 3.5 Sonnet, and Claude 3.5 Haiku, to demonstrate transparency and ethical practices.

• The new Alexa AI, set to launch around mid-October, will feature a "Smart Briefing" that provides daily, AI-generated news summaries based on user preferences.

• Mark Zuckerberg accused the Biden administration of pressuring Meta to censor COVID-19 content and expressed regrets over yielding to this pressure during the pandemic.

• OpenAI, Adobe, and Microsoft now back a California bill that mandates tech companies to add watermarks to AI-generated content, with the bill set for a final vote in August.

🎁Miscellaneous

How Do You 3D Print Glass? 

Researchers at the University of Notre Dame in Indiana are working to adapt artisan glass-blowing techniques to a robotic platform. They have developed a technique that uses a laser to heat the surface of a glass rod so it can be deformed to create 3D shapes. It is able to create the transparent solid structures needed in optical, microfluidic, and photonic devices. The method can deposit glass at 15 cubic millimeters per second. A picture of the glass 3D printer is available.

💡What else are we reading and seeing?

• Why should anyone boot you up?

• The Real Problem With the Job Market

• 10 motivation myths you probably believe are true

• Confronting feeling like you’re missing out on social media

😎Fun Fact

On this day: In 1955, The Guinness Book of World Records debuted.

🔥 Few tools many people are finding useful

• Mixpeek - Pull out the important data from any file

• CommandDash - AI assistant for open-source libraries

• Kypso for Code Reviews - AI code reviews without the noise

• IndieScore - Turn long meetings into concise, shareable highlight clips

• Presti - Product photos for the furniture industry with GenAI

• ideate.xyz - AI design co-pilot for content teams

🐦Joke of the Day

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