About this episode

The episode discusses New York's moratorium on new data centers and its implications for the AI industry, along with Stripe and Advent's acquisition offer for PayPal and OpenAI's new device.

New York became the first state to pause new data center permits, worrying the AI industry. Stripe and Advent offered $53B+ for PayPal, OpenAI's first device leaked as a screen-free speaker, and PrismML shrank a model to run on iPhones. AI advocates fear New York's moratorium on new data centers could embolden Democrats to enact more state restrictions and seize on the issue in the midterms (Politico) Sources: Stripe and PE firm Advent have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday's close, valuing it at $53B+; PYPL jumps 15%+ (Reuters) Sources: OpenAI's first device will be a moveable, screen-free smart speaker with a camera and sensors, meant to serve as an AI companion that taps into ChatGPT (Bloomberg) OpenAI says Apple's claim that OpenAI never responded to its concerns is false; emails: an Apple lawyer mixed up two OpenAI staffers in Apple's initial outreach (NBC News) OpenAI says Apple's claim that OpenAI never responded to its concerns is false; emails: an Apple lawyer mixed up two OpenAI staffers in Apple's initial outreach (9to5Mac) PrismML launches Bonsai 27B, a model based on Qwen3.6 27B that it says runs natively on Apple devices via…

Topics covered

• data centers
• AI industry
• acquisition
• smart devices
• tech news

Keywords

• PayPal
• New York
• Stripe
• Advent
• OpenAI
• AI
• data centers
• acquisition
• smart speaker

Mentioned in this episode

Organizations: PayPal, New York, Stripe, Advent, OpenAI, PrismML, Apple, Politico, Reuters, Bloomberg

Products: ChatGPT, Bonsai 27B

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