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Top stories today: - Claude launches Projects for collaboration leveraging internal knowledge
- EvolutionaryScale launches AI model for proteins with $142M in funding
- Rivian gets $5B from Volkswagen for new JV
- ChatGPT for Mac available for all users, as Voice Mode delayed
- Scale AI sees revenue at $1B, positive adjusted EBITDA in Q4
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0. Data and calendar |
 | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
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1. Claude launches Projects for collaboration leveraging internal knowledge |
 | Shareable Projects in Claude |
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200K context window for each project. Custom instructions can also be defined. Available for Pro and Team users.
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2. EvolutionaryScale launches AI model for proteins with $142M in seed funding |
They leverage the Transformers architecture for the development of new proteins: |
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ESM3 model "simultaneously reasons over the sequence, structure, and function of proteins." Available for non-commerce use. 98B parameters. Investors: NVIDIA, Amazon, Nat Friedman, Dan Gross, others.
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| | They source the best talent from LATAM and South Africa. 1/3 to 1/2 the cost of U.S./European talent. It's what the Bay Area Times uses to hire our team! $1,000 discount for BAT readers.
| | *Disclaimer: Athyna is a partner of the Bay Area Times. |
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4. Rivian gets $5B from Volkswagen for new JV, stock +36% pre-market |
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5. ChatGPT for Mac available for all users, as Voice Mode delayed |
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6. Scale AI sees annualized revenue at $1B, positive adjusted EBITDA in Q4 |
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7. Autonomous car funding +125% YoY to $2.7B in Q2 YTD |
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8. Interesting videos, posts, and memes |
 | Dario Amodei - CEO of Anthropic | Podcast | In Good Company | Norges Bank Investment Management |
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 | Coatue's Laffont on AI Darlings and Opportunities in Today's Markets |
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 | Are the Markets Broken? AQR's Cliff Asness Weighs In |
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9. Other headlines |
AI |
Stability AI confirms $80M fundraise, $400M liability forgiveness. Reddit warns AI scrapers, saying it will update its robots.txt. Mustafa Suleyman interview at Aspen: YouTube live.
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Tech |
Google to stop continuous scroll to allow for faster page loads. Waymo opens robotaxis to everyone in San Francisco. TikTok Shop orders +13% MoM in U.S. in May.
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Tech & law |
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Biotech |
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Business |
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Crypto |
Solana launches Blinks, Actions to integrate blockchain into websites. FTX bankruptcy faces some objections, next hearing on Jul. 17, Aug. 15.
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U.S. politics |
Trump's VP announcement could come as soon as today. Judge Cannon skeptical of Trump's bid to throw out Mar-a-Lago evidence. Jamaal Bowman loses Democratic primary to George Latimer.
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World |
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