July 09, 2024 | Read Online

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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).

All times are ET.

1. Ariane 6 inaugural launch today at 2 PM ET

YouTube video by European Space Agency, ESA

Ariane 6 first flight (Official broadcast)

Built by a JV between Airbus and Safran.

Ariane 6's lack of reusability has been criticized by Elon Musk and others

X: Elon Musk.

Elon's SpaceX is by far the leader in rocket launches

Bloomberg.

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3. X global monetizable DAUs +2% YoY to 251M

FT.

X users are using Threads more, and Threads users are using X less

X is still the dominant place for high-quality conversations:

FT.

4. Poe launches Previews, AI-created web apps similar to Anthropic's Artifacts

Poe.

Output in HTML, CSS, and Javascript, at the moment.
Available for all users.
Works best with Claude 3.5, GPT-4o, and Gemini 1.5, "LLMs that excel at coding," according to Quora (Poe owner).

5. AI-optimized PCs only 3% of PCs shipped in 2024: IDC: IDC

Bloomberg.

Definition: computers that have an AI-specific chip processor.
48% more expensive, on average, than their non-AI counterparts.
Opportunity for revenue growth for tech giants like Qualcomm, Microsoft.

6. Median dilution in startup rounds declining at all stages

Carta.

7. Biden's odds of dropping out falls to 38%, from a high of 75% last week: Polymarket

Polymarket.

Parkinson's doctor visited WH 8 times, but Biden's doctor denies disease.
"Done talking about the debate," Biden tells donors.
House Dems get letter from Biden saying he won't resign.
Trump to resume rallies: one today in FL with Marco Rubio.

8. Interesting videos, posts, and memes

YouTube video by 20VC with Harry Stebbings

Pat Grady: Investing Lessons from Doug Leone, Roelof Botha and Alfred Lin | E1174

9. Other headlines

AI

Microsoft doesn't follow OpenAI's ban on services in China.
Hebbia's Series B updated from $100M to $130M, led by a16z.
OpenAI backs Arianna Huffington's Thrive AI Health.

Athyna: hire incredible global talent with up to 80% savings vs. U.S. hires.*
Ai4 2024 - Join the industry's leading AI conference, August 12-14 in Las Vegas.*

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Tech

Sequoia Capital's former China unit (HongShan) raises $2.5B fund.

Open Source CEO: learn how to be a leader and outperform the competition, with this free newsletter.*
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Mercury solves the puzzle of startup finances.*

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Biotech

Telomere length correlated to weight-adjusted waist index.
Antiaging supplements see large deviations in active ingredients: study.

Business

Ellison's plan for Paramount: $2B in cost savings, asset sales.
Bloomberg donates $1B to Hopkins to make medical tuition free for most.

Crypto

Solana ETFs plan confirmed in Cboe filing.
GOP platform includes initiatives to halt crypto "crackdown."
Nigeria plans "Nigerium" blockchain.

tea Protocol: click to subscribe to tea's newsletter and learn more about how to get rewards for your open-source contributions.*

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U.S. politics

47% lean Rep, 46% Dem: Pew's NPORS survey.

World

Israel sends troops back to Gaza City for operations.

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