🗞️ Apple Intelligence finally coming

October 07, 2024   |   Listen Online   |   Read Online Brought to you by**: Top stories today: Apple Intelligence to debut on Oct. 28 with limited set of features Meta shows AI-powered video generator Movie Gen to counter OpenAI's Sora Satoshi Nakamoto likely to be identified as Len Sassaman in new HBO documentary Google's search ad dominance predicted at <50% in 2025 for 1st time in 10+ years Follow us on X | Instagram | Advertise 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. Apple Intelligence to debut on Oct. 28 with limited set of features Apple Intelligence was showcased at the iPhone 16 launch last month (Apple). iPhone 16s and iPhone 15 Pros will be getting Apple Intelligence with iOS 18.1. Now: Notification summaries and automated email filing are likely to come initially. Later: ChatGPT integration and Genmoji custom emoji. March: when iOS 18.4 with Siri upgrades is expected. Relatedly, Apple is said to unveil new MacBook Pros, Mac mini, iMac, and iPad mini in late Oct. MacBook Pro 14-inch model may get new low-end and high-end models soon (Apple). Low-end 14-inch and high-end 14 and 16-inch MacBook Pros are expected. Mac mini with M4 and M4 Pro options and iMac with M4 may also debut. Nov. 1: when shipments are expected to begin for some models. New MacBook Air models and refreshed iPad Air in 11 and 13-inch sizes are expected in 2025 MacBook Air 13 and 15-inch models currently have M3 and M2 chip options (Apple). 13 and 15-inch MacBook Air with M4 chip are expected. An upgraded AirTag and iPhone SE 4 are also speculated for next year. Apple Watch Ultra and SE updates may also debut in 2025. The iPhone 17 family and M5 Macs are expected to come later in the year. 2. Perform at your highest level with Mercury** Mercury. With Mercury, you can easily manage your banking* and financial operations from a single dashboard, saving you time and headaches. After years of building a more powerful bank account, Mercury is building upon that with new products that simplify all your critical workflows. Pay bills, control spend, close the books faster with built-in software. Join over 200K startups who use Mercury to simplify their finances today. **Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. 3. Meta shows AI-powered video generator Movie Gen to counter OpenAI's Sora Meta. It generates videos from text and edits existing footage or still images. Custom videos from images or tweaking existing videos is also be possible. Trained using "a combination of licensed and publicly available datasets." Not ready to release as a product anytime soon, though. Meta CPO Chris Cox said they won't release Movie Gen as "it's still expensive and generation time is too long" Threads: Chris Cox. 4. Satoshi Nakamoto likely to be identified as Len Sassaman in new HBO documentary Polymarket. Cullen Hoback is back with the documentary on the BTC creator. 9 PM ET on Tue.: when the documentary will be aired on HBO. Oct. 31, 2008: when the pseudonym Satoshi Nakamoto first appeared in a BTC white paper. 2014: when journalist Leah McGrath Goodman identified Japanese-American Dorian Nakamoto as a suspect, but he denied it. 5. Google's search ad dominance predicted at <50% in 2025 for 1st time in 10+ years Google is expected to have -2.2 p.p. growth to 48.3% share in the U.S. search ad market next year: WSJ, eMarketer. 2024: Google's share is at 50.5%, with +7.6% revenue growth. Amazon at 22.3%, with +17.6% revenue growth. TikTok at 3.4%, with +38.% expected revenue growth for 2025. Ads in AI-generated answers show potential for growth. Perplexity and Microsoft are already in the space, with Google recently joining them. 6. Meta, Uber only U.S. companies founded in 20 years to hit $10B revenue, $1B cash flow FT, Bain & Co. 1990 - 2003: 6 U.S. companies, including Tesla, Amazon, and Alphabet, reached the same milestones. 1.5K+ companies with a $1B+ valuation worldwide. $1T raised in total by unicorns (startups valued over $1B). OpenAI's $157B valuation raised questions about unicorns' revenue growth. 7. Taiwan's foreign inflows near highest since 2007 as AI pushing chip demand globally $275B is Taiwan's net inflows from overseas funds on a cumulative basis in Sep: Bloomberg. Jan. - Sep.: $16.9B of shares sold by global funds on the Taiwanese Stock Exchange. $29.5B capital injected during the same period. TSMC and Hon Hai Precision are among the key beneficiaries of the bull market. However, both have lost momentum recently amid AI's sustainability concerns. Investors are closely watching earnings of Taiwanese companies to evaluate investments. 8. Chinese chip stocks gain $13B as Beijing launches stimulus Bloomberg. China stocks have outperformed global peers YTD. SMIC has led the rally, with +28% share price on Mon. to its highest in 4 years. China is on track to invest $142B in semiconductors, but the U.S. is accelerating efforts to outpace Chinese initiatives Bloomberg, Semiconductor Industry Association. 9. U.S. prepaid telcos face stiff competition from MVNOs, cable providers, postpaid migration Verizon and Dish have continuously been losing prepaid subscribers over several quarters: Counterpoint. 23M subscribers were left seeking alternatives after the closure of ACP (Affordable Connective Program) funding in June. FCC's 60-day phone unlock policy could accelerate churn and weaken prepaid promotions. 10. Interesting videos, posts, and memes Inside OpenAI's First Venture Round (Khosla), AI Leaderboards, and Regulatory Chess Games Why Vertical LLM Agents Are The New $1 Billion SaaS Opportunities Cursor Team: Future of Programming with AI | Lex Fridman Podcast #447 Get ready to meet your AI best friend | The Vergecast 11. Other headlines AI Nuclear reactors in focus by tech giants as AI pushes carbon emissions. Grindr testing AI "wingman" for scouting long-term relationship prospects. Athyna: hire incredible global talent with up to 70% savings vs. U.S. hires.* monday.com connects and empowers teams to excel in every aspect of work. Get started now!* *Sponsored. Tech Foxconn Q3 revenue +20% to $57.3B as AI server demand grows. Samsung's profit recovery seen weakening in Q3 amid AI boom. Ubisoft "regularly reviews all its strategic options" after buyout report. Google tests verified check marks in search results. Facebook introduces new community, video features to attract young adults. Starlink to provide direct-to-cell coverage for hurricane-hit areas. Chinese hackers breached U.S. court wiretap systems: report. Sidebar is a personal board of advisors for the next generation of leaders. Join now!* hear.com: 9/10 Audiologists Agree: "This Is The #1 Hearing Aid In The US* *Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. Tech & law Brazil's top court says X paid pending fines to wrong bank. Telegram hosts "underground markets" for Southeast Asian crime gangs: UN. Meta must limit data use for targeted advertising, top EU court rules. Biotech Nobel prize for medicine awarded to pair for work about microRNA. Starboard Value takes $1B stake in Pfizer: sources. Thermo Fisher's plant making infant RSV drug breached FDA rules: report. FDA puts Kezar Life Sciences' lupus treatment trial on hold after patient deaths. Reversible dog neutering vaccine in development by Chilean scientists. Business SpaceX's Falcon 9 gets FAA nod for Mon. flight days after Elon's complaints. Stellantis sues UAW in federal court over strike threats. VW CEO urges allowing Chinese automakers to avoid tariffs by investing in EU. Rio Tinto in talks to buy lithium miner Arcadium: sources. Fisker faces probe by SEC over liquidation plan. Crypto UAE exempts crypto trades, conversions from VAT. Premier League sees $170M on crypto deals for 2024/25 season. Coinbase to delist unauthorized stablecoins in EU by Dec. U.S. politics Trump threatens 200% tariff on vehicles imported from Mexico. Ben Horowitz plans "significant" donation to Harris campaign. Trump appears before large crowd at site of assassination attempt in PA. Trump Jr.: "I expended ~1,000% of my political capital" on JD Vance. World Hamas fires rockets at Tel Aviv on Oct. 7 anniversary. Haifa sees 5 injured as Hezbollah rockets continue. IDF data: 728 soldiers, 18K terror operatives killed. Mexican mayor assassinated days after taking office. China likely to launch military drills around Taiwan: sources. Dutch defense minister pledges $440M for Ukraine drone plan. Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below). Share Bay Area Times Share our newsletter with your friends and get free Bay Area Times rewards! You currently have 0 referrals, only 1 away from receiving our Generative AI Unicorns Database. Click to Share Or copy and paste this link to others: https://www.bayareatimes.com/subscribe?ref=UbEAXR818y What did you think of today's newsletter? ⭐️⭐️⭐️⭐️⭐️ Amazing! ⭐️⭐️⭐️ OK ⭐️ Bad Advertise on the Bay Area Times Disclaimer: The Bay Area Times is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. 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