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In Today’s Edition
Venture Studios and Incubations
Netflix gets the NFL: Three-year deal starts this season on Christmas
Walmart is laying off hundreds of employees
Instagram's co-founder is Anthropic's new chief product officer
Apple announced built-in eye tracking for users to navigate iPhones and iPads
Introduction to cancer vaccines
This tiny company has all but cemented itself in the future list of bitcoin mining giants.
An industry shakeup of environmental regulations could spell catastrophe for others, while this company begins to soar.
The underlying factors?
Cheap production and carbon neutral mining.
But that’s just the start of it.
Subscribe to Bullseye Trade to learn more.
🚀Startups Nuts
Venture studios are emerging as a popular model for early-stage investments, focusing on building, launching, and funding startups with a systematic approach to reduce risk and increase success rates. Unlike traditional venture capital or accelerators, venture studios act as institutional co-founders, providing extensive support, resources, and expertise to help startups grow from inception to market.
Other News
SoftBank Group plans to double down on AI investments, committing $5B for strategic investments this year, up from $3.9B in fiscal year 2023
The Bot Company, a startup specializing in household robots, secured $150M in seed funding, reaching a valuation of $550M
SmarterDx, an AI startup that provides clinical review and quality audits for medical claims, bagged $50M in Series B funding
Chapter, a Medicare navigation platform, raised $50 million
Polymarket, a prediction market, raised $45 million
Li Industries, a battery recycling startup, raised $36 million
SingeInterface, a provider of SaaS, raised $30 million
🏭Business Nuts
Amazon and Netflix have signed a three-year deal that will put exclusive Christmas games on the streaming service. The first two games will be aired on Christmas Day. 2025 and 2026 will see at least one game on the service each Christmas. The NFL is able to cancel all of its TV deals at the same time in 2029 - this could lead to an unprecedented bidding war that could upend the entire NFL content world.
Other News
Unitree has released the first few details on its G1 Humanoid Agent, a $16,000 robotic helper. The robot is equipped with 3D LiDAR sensors, a depth camera, three-fingered grippers, and a 9,000-mAh battery pack.
A bipartisan coalition of senators, led by Majority Leader Chuck Schumer (D-NY), unveiled a report outlining how Congress should regulate AI technologies. The roadmap calls for at least $32B annually over several years for non-defense AI research to keep the U.S. ahead of China.
Despite its pledge to become carbon-negative by 2030, Microsoft's greenhouse gas emissions have risen by 30% since 2020, complicating its environmental targets as it grows its use of AI technologies.
Walmart is laying off hundreds of employees and relocating others. Most remote workers and those in its Dallas, Atlanta, and Toronto offices will be required to return to HQ in Arkansas or primary offices in New Jersey or San Francisco.
Uber on Wednesday announced several new product updates at its annual Go-Get showcase in New York City. The company introduced Uber Shuttle, which will allow users to reserve seats on a vehicle heading to various destinations, such as the airport and concert venues.
Netflix’s cheaper, ad-supported tier now has 40 million global monthly active users, nearly double the 23 million the company reported in January.
Warren Buffett’s Berkshire Hathaway reveals $6.7B stake in property-casualty insurer Chubb; company filing yesterday showed Berkshire had been building the position since second half of 2023.
Billionaire and former Los Angeles Dodgers owner Frank McCourt announces he is putting together a "people's bid" to buy TikTok from its Chinese parent company ByteDance.
📱Tech Nuts
Mike Krieger, one of the co-founders of Instagram, is Anthropic's new chief product officer. Krieger spent the last few years working on an AI news-reading app that was recently acquired by Yahoo. His background in developing intuitive products and user experiences will be invaluable for Anthropic as it creates new ways for people to interact with its AI chatbot Claude.
Other News
Apple brings eye-tracking to recent iPhones and iPads. Eye-tracking for iPhones and iPads, available for devices with the A12 chip or later, allows users to move through elements like apps and menus just by looking at their screen.
Raspberry Pi has announced plans to file for a UK stock market listing to expand its current talent pool and product offerings.
The U.S. Senate Rules Committee cleared three bills to protect elections from AI-generated deception. The bills would have to move through the House and gain Senate approval before becoming law ahead of the November elections.
Apple announced built-in eye tracking for users to navigate iPhones and iPads with their eyes. The feature uses AI to interpret the user's gaze and intended gestures like swiping and tapping.
🎁Miscellaneous
This post presents notes on various topics related to cancer vaccines. It covers cancer neoantigens, protein characterization, AlphaFold, different cancer treatments, vaccine production, and more. Cancer vaccines that target neoantigens are expensive as they have to be personalized. While individualized cancer vaccines are not yet practical, they present a promising possibility for significantly better cancer treatments.
💡What else are we reading and seeing?
For self-driving cars, the free ride is over
TikTok has a new billionaire bidder
10 phrases to succeed at work
How to avoid a career plateau at midlife
When it’s better to work out in the morning or evening
🔥 Few tools many people are finding useful
Verbalate translates video content into multiple languages
JobHuntMode is an AI-powered job-hunting tool
Documind is for analyzing PDFs
Jumble is an AI journaling tool
🐦Joke of the Day
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