Apple Might Team Up with Meta on AI (Yes, Really) 🤯

Apple Might Team Up with Meta on AI (Yes, Really) 🤯

In a plot twist worthy of Silicon Valley, Apple and Meta are reportedly in talks to bring Meta’s generative AI model to Apple’s new AI assistant, Apple Intelligence. 🤝

Here’s the deal:

• Apple is playing catch-up in the AI game. While they've been developing their own AI models, they're partnering with bigger players for more complex tasks.

• Meta wants in on that sweet, sweet iPhone user base. Just like with the App Store, Meta sees this as a chance to get their AI in front of millions.

• This is a big freakin’ deal. Apple and Meta have a history of butting heads (remember Apple's privacy changes that cost Meta billions?).

• It's not just Meta. Apple is also talking to other AI players like Google, Anthropic, and Perplexity. Looks like they're building an AI buffet! 뷔페

• Everyone wants a piece of the AI pie (and your subscription fees). Apple's plan is to let users choose their preferred AI model and then take a cut of any premium subscriptions, just like they do with apps.

Bottom line: This potential partnership could be a game-changer for both companies. Meta gets a massive distribution channel, and Apple gets to boost its AI game with a wider range of options for users. Whether this unlikely alliance leads to a beautiful friendship or another tech rivalry showdown remains to be seen. 🍿

Source: Wall Street Journal (WSJ)

Why the CEO of Europe's hottest company is getting grilled by Bernie Sanders 🔥

Remember Novo Nordisk, the company behind the weight-loss wonder drug Ozempic? They've been on a tear, becoming Europe's most valuable company thanks to Americans shelling out big bucks for their miracle jabs.

But there's a catch: Ozempic costs a whopping 1,300% more in the U.S. than in the U.K. 🤬

Bernie Sanders is not having it. He's called out Novo Nordisk for "ripping off the American people" and demanded answers. The company initially tried to deflect blame onto the U.S. healthcare system, but a study revealed Ozempic could be made for less than $5 a month!

Key takeaways:

• Ozempic's sky-high price tag in the U.S. is under fire. The difference in cost compared to other countries is staggering.

• Bernie Sanders is leading the charge against Novo Nordisk, accusing them of price gouging.

• Novo Nordisk blames the U.S. healthcare system, but research suggests the drug's production cost is shockingly low.

• Novo Nordisk's CEO will testify before the Senate in September. Get ready for some fireworks! 🍿

This clash highlights the ongoing battle over drug prices in the U.S. and the immense profits being made while consumers struggle to afford life-saving medications. Stay tuned... this is far from over.

Source: Fortune

🏡 So You're Saying My Retirement Could Be a House?

Forget Wall Street, some folks are building their golden years on a foundation of brick and mortar. That’s right, real estate is their 401(k). 🏘️

This ain’t your grandpa’s stock portfolio. These retirees are swapping ticker symbols for tenant applications, finding comfort in tangible assets and steady rental income. 💰

But hold your horses! Before you start eyeing that charming fixer-upper, there are some key takeaways to consider:

• Landlording = Work: Say goodbye to lazy days. Think leaky faucets, chasing rent payments, and the ever-present threat of a stock market crash…er, property tax hike. 😰

• High Risk, High Reward: While real estate can be lucrative, it's also a gamble. Our featured retirees struck gold thanks to decades of rising home prices and low mortgage rates. Will future generations be so lucky? 🔮

• Diversification is Key: Even the most real estate-obsessed retirees have some money in stocks and bonds. Don't put all your eggs in one basket - even if that basket is a charming beach bungalow. 🧺

Intrigued? The article dives into the lives of four real estate retirees, offering a glimpse into their strategies, challenges, and financial freedom. You'll meet:

• Josh: The OG real estate investor who traded his HR job for a life of travel and dog walks. 🐶

• Sarah: The Wall Street escapee who's restoring historic homes and her faith in tangible assets. 🔨

• Bryan: The former developer who's traded skyscrapers for court tennis (and still enjoys a healthy dose of property management). 🎾

• David: The shower part entrepreneur who's building a real estate legacy one ADU at a time. 🚿

This ain't your typical retirement plan, but hey, that's the point! It's a fascinating look at an alternative path to financial freedom, with valuable lessons for anyone looking to build wealth beyond the stock market. 📈➡️🏡

Source: WSJ

Sakana AI: The Fish Swimming Against the AI Current 🐠

Move over, OpenAI, there's a new fish in the AI sea. Sakana AI, a Japanese startup with Google roots, is making waves with its nature-inspired approach to artificial intelligence.

Here's the catch:

• Forget giant, power-hungry algorithms. Sakana AI is all about smaller, collaborative models inspired by schools of fish (hence the name "Sakana"). Think less energy consumption and a lighter environmental footprint.

• They're automating AI development with AI itself. Sakana AI is using evolutionary algorithms to develop more efficient AI systems, mimicking natural selection in the process.

• Investors are already biting. Sakana AI has raised $30 million in seed funding and is reportedly eyeing another $125 million, which would catapult it to unicorn status.

Is Sakana AI the OpenAI rival? It's too early to tell, but the company's focus on sustainability and efficient AI development could position it as a major player, especially for businesses seeking affordable AI solutions.

Key takeaways:

• Sakana AI is challenging the status quo of resource-intensive AI models.

• The company's unique approach and strong leadership team have attracted significant investor interest.

• While still in its early stages, Sakana AI has the potential to disrupt the AI landscape with its efficient and scalable solutions.

Bottom line: Keep an eye on Sakana AI. This small fish might just grow into a big player in the AI ocean.

Source: Smart Company

Space Junk Crashes Into Home, Family Sues NASA 🚀🏡💰

Remember that story about a chunk of space junk that crashed through the roof of a Florida home? Well, things just got real. 👨‍🚀

The family, luckily unharmed, is suing NASA for damages, claiming the incident was a "near miss" that could have turned deadly. The culprit? A piece of a cargo pallet from the International Space Station that was supposed to burn up upon re-entry but decided Florida sunshine was more appealing. ☀️

Here's why this matters:

• Space debris is a growing problem, and this lawsuit could set a precedent for how NASA handles these incidents with U.S. citizens.

• The family's lawyer argues the U.S. would be on the hook for damages if this happened in another country and wants NASA to treat it the same way.

• While no one was hurt, the family is seeking over $80,000 for property damage, lost business, and emotional distress. 🤯

Bottom line: This case highlights the increasing dangers of space debris and could have major implications for how we deal with it in the future. Stay tuned!

Source: Washington Post