The Information sources: After merging its Google Brain and Deepmind teams, Google is planning to launch a group of LLMs called “Gemini” in the fall, which will have image capabilities and could have chart analysis and voice commands - Link
Amazon said its online pharmacy would automatically apply manufacturer-sponsored coupons to more than 15 insulin and diabetes medicines, cutting the cost to as little as $35 - Link
FT sources: Saudi Arabia and the UAE have collectively purchased thousands of Nvidia GPUs, with the UAE having already developed its own open-source LLM called Falcon - Link
WSJ analysis: The average subscription cost of ad-free streaming services is up ~25% in about a year as streaming giants push customers towards ad-supported plans - Link
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Sunny Madra is back to discuss the “AI wrapper” stigma, the first official demo-to-investment, and demo more useful AI products! (2:41) Tonebase CEO Igor Lichtmann then joins in demoing his product, breaking down how he achieved product-market fit while maintaining capital efficiency, and more! (42:47) - Link
In a further expansion into social networking, Substack will let users follow writers without subscribing to their newsletters - Link
The Block sources: CoinDesk has cut 45% of its editorial team (~20 employees), while its parent company, DCG, explores a sale of the crypto-focused publication - Link
Axios sources: X (fka Twitter) will no longer let advertisers promote their accounts on user’s timelines; promoted accounts generate $100M+ revenue annually for the company - Link
Coinbase has launched a crypto advocacy organization, the “Stand with Crypto Alliance,” to get the community involved in legislation ahead of upcoming votes in Congress - Link
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