Apple May Win by Avoiding AI Capex

Is Meta about to do the mother of all layoffs? New AirPods Max 2. Why OpenAI delayed its sexytime chat… the calls to do so were coming from inside the house. What does it mean if the San Francisco real estate market is ripping again? And what if it ends up Apple has played a blinder by sitting out AI CAPEX spending?

• Exclusive: Meta planning sweeping layoffs as AI costs mount (Reuters)
• Apple quietly launches AirPods Max 2 (TechCrunch)
• Encyclopedia Britannica sues OpenAI over AI training (Reuters)
• OpenAI’s Bid to Allow X-Rated Talk Is Freaking Out Its Own Advisers (WSJ)
• The AI Boom Has Exploded the San Francisco Housing Market (WSJ)
• The most brilliant move in corporate history? (ASYMCO)

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