Wed. 06/18 – Oh Yeah. What About TikTok?

Remember how that TikTok ban or sale thing has never been resolved? Yeah. Sam Altman describes the money he says Meta is throwing at AI researchers. Is xAI the one with the real money crunch in the AI race? And a review of the first of this new wave of smartglasses. Sponsors: Quince.com/ridehome Links: Trump will grant TikTok another 90-day extension in enforcement of sale-or-ban law (CNNBusiness) Sam Altman says Meta tried and failed to poach OpenAI’s talent with $100M offers (TechCrunch) Musk’s xAI Burns Through $1 Billion a Month as Costs Pile Up (Bloomberg) YouTube to Add Google’s Veo 3 to Shorts in Move That Could Turbocharge AI on the Video Platform (The Hollywood Reporter) Amazon expects to cut corporate jobs as it relies more on AI (NBCNews) Xreal’s One Pro Are a Stopgap Ahead of True AR Smart Glasses (Bloomberg)