Zuck assembles | Morning Brew
Good morning and Happy Hump Day. What kind of week are you having: Is it already Wednesday or only Wednesday?
Nasdaq: 19,714.99 (+0.63%)
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Dow: 42,866.87 (+0.25%)
10-Year: 4.474% (-1.0 bps)
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J.M. Smucker: $94.41 (-15.57%)
*Stock data as of market close, cryptocurrency data as of 4:00pm ET.
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Tech Giant's AI Ambitions
The tech giant delivering AI slop to your grandma’s Facebook feed is recruiting top minds to build superintelligent AI, the New York Times reported yesterday.
CEO Mark Zuckerberg is leading the formation of a team at Meta to develop AI models that are smarter than humans—a lofty goal that exceeds the ambitions of much of Silicon Valley, which is currently focused on less powerful tech that would match the capabilities of the human mind.
hiring pushAI Competition in the Tech Industry
AI experts are a hot commodity with Meta, Alphabet, and OpenAI competing against smaller AI labs like Cohere, Anthropic, and Thinking Machines to recruit pros who geek out on neural networks.
turn down offersAI is calling—and it just crossed over the uncanny valley… Say hi to Bland.AI, the world’s most realistic AI phone-calling agent.
give it a call yourself
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Military Deployments and Trade Talks
Military deployments to LA will cost $134 million. Per Pentagon officials, that’s how much the US government is spending to send, house, and feed the 4,000 National Guard troops and 700 Marines that President Trump ordered to Los Angeles this week amid anti-ICE protests.
is spending
US and China agree to framework for reducing trade tensions. After two days of intense trade talks in London, the US and China have agreed to a preliminary plan to implement the trade truce they reached last month in Geneva.
preliminary planWorld Bank predicts weakest growth since the 1960s. Global economic growth this decade is on track to average 2.5%, which would be the slowest since The Andy Griffith Show dominated airwaves, according to the World Bank’s latest estimates.
the slowestIf you’re paying for unlimited data, Will Arnett thinks you’ve made a huge mistake. Yesterday, Arnett and fellow SmartLess podcast hosts Jason Bateman and Sean Hayes launched SmartLess Mobile, a direct-to-consumer phone company targeting customers who overpay for data on their current wireless plans and love buying things from celebrities.
launchedInvestment Opportunity
Investors are eyeing this 8% yield—double the average savings account. Worksport, a fast-growing truck cover maker, projects $20m revenue and 30% margins in 2025 as it enters the $13b mobile power market.
Invest nowA year since it suggested eating a small rock every day, Google’s AI tools have swallowed up news sites’ traffic faster than we devour granite at the end of the week when we haven’t hit our recommended stone-gobbling quota.
suggestedGoogle’s keeping the eyeballs: Organic search traffic to HuffPost and the Washington Post has fallen by about half over the past three years, the Wall Street Journal reported.
has fallen
