OWITH.ai - Only What's Important to Hear around AI and Tech

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2025-07-05 Saturday Special
Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story.Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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AI Data Center Emissions Surge, Sustainable Growth Challenges, and CEO AI Claims: A Recap from OWITH.ai
Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Accenture has warned of a potential 11-fold surge in carbon emissions from AI data centers by 2030, with a projected 3.4% increase in global emissions over the next five years. Despite these warnings, big tech companies are racing to build AI data centers, with Meta CEO Mark Zuckerberg emphasizing the need for rapid expansion in the US to keep up with China in the AI race. The US government is also pushing for accelerated development of AI infrastructure, prioritizing growth over sustainability concerns. Accenture recommends responsible growth and engineering of AI data centers, introducing the Sustainable AI Quotient (SAIQ) to measure environmental impact. However, it is unclear if big tech companies will address sustainability concerns, with Google showing improvements in energy efficiency but still prioritizing expansion. Meanwhile, Chinese AI companies are challenging US dominance in the industry, with Meta rumored to be seeking to acquire Safe Superintelligence for $32 billion.Transitioning to our next news, Sana Javeri Kadri has spent a decade building a multi-million-dollar spice company called Diaspora Co. that is almost profitable. She sources spices from farmers in South Asia and focuses on quality and sustainability. Kadri's spices, such as turmeric and nutmeg, have unique flavors due to the region they are grown in. She has built her business around supporting farmers and ensuring the quality of the spices remains high. Despite the success of her company, Kadri is not currently interested in venture capital funding.Moving on to Microsoft's recent announcement of layoffs of approximately 9,000 employees representing just under 4% of its global workforce. This comes as the company continues to report strong financial results but seeks to streamline operations and adapt to changes in the technology landscape. The layoffs will impact sales, customer-facing roles, and the Xbox gaming division.In another development, CEOs are increasingly touting the amount of work being done by artificial intelligence (AI) within their companies. Leaders from companies like Salesforce, Microsoft, and Google claim that AI is now responsible for a significant portion of their work. This trend is seen as a way for companies to showcase their technological advancements and efficiency, potentially leading to cost-saving measures like future job cuts.Lastly, Amazon is investing $100 billion in data centers to build an "ultracluster" for its AI partner, Anthropics. Meta has unveiled smart glasses equipped with sensors for real-time data collection and processing.And that's all for today's episode. Stay tuned for more updates on AI and tech news. Thank you for listening!Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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Insights from OWITH.ai: Navigating the AI and Tech World with Clarity
Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Shiv Rao, the CEO of Abridge, a healthcare AI startup, recently led a $300 million Series E funding round with investors including a16z and Khosla Ventures. The company is now valued at $5.3 billion and operates in over 150 enterprise health systems. Despite the company's growth and success, caution is advised about rushing into an IPO, as options need to be preserved for the future. Abridge's focus remains on using AI to simplify healthcare professionals' lives, streamline billing processes, and uphold the doctor-patient relationship. The company believes that spoken dialogue will continue to drive workflows in healthcare, stressing the importance of accurate documentation for revenue cycle management.Moving on, Pindrop CEO Vijay Balasubramaniyan discussed the increasing prevalence of fake job applicants, with 16.8% identified as fake. The technology is expanding beyond voice security to protect against employee fraud, with examples of scammers trying to deceive recruiters. The rising issue of deepfake job candidates is highlighted, with a significant number originating from North Korea. Detecting these fakes is crucial, with shared tips on how to identify them. Various news stories are covered, alongside investments in a Tolkein-themed bank for tech startups and changes in U.S. policy towards Ukraine and Russia. Financial updates on companies like American Bitcoin and Meta are also mentioned.The impact of AI on professionals such as lawyers, auditors, and accountants is explored next, focusing on successful AI implementation factors and barriers like inaccuracy and data security. The use of AI in auditing to enhance efficiency is discussed while stressing the importance of human judgment in certain tasks. Changing career paths within professional service firms due to the increasing importance of AI expertise are noted, along with challenges faced by governments in attracting AI talent. Meta's creation of Meta Superintelligence Labs and Cloudflare's blocking of AI web crawlers are mentioned, alongside Microsoft's unveiling of an AI system for medical diagnoses that outperforms human doctors in certain conditions. Other news includes an investor's move to Crosslink Capital, Ford CEO's emphasis on planning for new technologies like AI, and an article exploring AI assistants writing performance reviews. Lastly, a humorous experiment by Anthropic and Andon Labs highlights the limitations of current AI technology in handling complex tasks effectively.Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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The OWITH.ai Podcast: Your Quick Update on Ambrook's Funding, VC Deals, Meta's AI Reorganization, and More!
Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Ambrook, a farmer-focused software startup, recently raised $26.1 million in Series A funding to provide farmers and ranchers with specialized accounting software tailored to the unique needs of agricultural businesses. The company aims to help family farms thrive by offering tools for generational planning and efficient inventory management. Ambrook's software features real-time data tracking, which helps farmers like Chase Crandall manage their operations more effectively in the face of unpredictable factors like fluctuations in the cattle market. The agriculture industry is facing challenges due to technological advancements, political and geopolitical issues, and climate change. However, companies like Ambrook are paving the way for innovation in agricultural software solutions that cater to the specific needs of farmers and ranchers. As technology continues to shape the future of farming, it will be crucial for businesses to adapt to changes and leverage technology to stay competitive.In addition to Ambrook's success, the venture capital landscape remains active with various deals being announced, including companies like Cato Networks, LevelPath, Campfire, and Cred raising significant funding rounds. Private equity firms are also making moves through acquisitions such as Stonepeak acquiring Forgital Group and Brightstar Capital Partners acquiring PlayAGS. Edward Jones has also agreed to acquire the overlay management services capabilities of Natixis Investment Managers, while Accelerant Holdings filed to go public on the NYSE after posting $653 million in revenue for the year ending March 31, 2025. Recognize Partners raised $1.7 billion for its second fund focused on digital services, and IVP added new partners and promoted existing ones to continue their growth and development.Meta CEO Mark Zuckerberg is reorganizing the company's AI operations under Meta Superintelligence Labs, appointing a chief AI officer and partnering with former GitHub CEO Nat Friedman. Apple is considering using AI technology from Anthropics or OpenAI to power a new version of Siri. Nintendo has reportedly pulled its products from Amazon U.S. due to unauthorized sales. In other tech news, Amazon has deployed 1 million warehouse robots, a U.S. judge rejected Apple's motion to dismiss an antitrust lawsuit, a crypto fraud ring was dismantled in Spain, Microsoft's new AI tool diagnosed patients more accurately than human doctors, and Senator Marsha Blackburn reversed her support for a U.S. bill on state AI restrictions. The U.S. Department of Justice also indicted North Korean individuals for illicit earnings through remote work impersonation. Spotify's Discover Weekly playlist is getting revamped to allow users more control over their listening experience by adjusting the algorithmic recommendations.Zillow CEO Jeremy Wacksman addresses antitrust lawsuit claiming market abuse in an interview. Trump and Musk are in a public feud over government spending. The EU is willing to accept a 10% tariff level with carve-outs for specific sectors. The dollar is experiencing its worst year since 1973. Warren Buffett donates $6 billion in Berkshire Hathaway shares to charitable organizations. Indictments are made in a fake North Korean worker scheme. Robinhood launches stock tokens. The world of squash faces a scandal involving the best player. The markets are mostly flat, with the S&P 500 hitting an all-time high. Analysts from ARK Invest, Bellwether Wealth, and Wedbush provide insights on crypto assets, mortgages, the jobs number, and autonomous vehicles. Various articles discuss the economy, Wall Street, and leadership strategies. CEO DaThanks for listening! Follow us on Twitter, Instagram and Linkedin
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Tech Elite Meltdown in NYC, Meta's AI Power Move, and Billionaire Wedding in Venice: OWITH.ai Podcast Recap
Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The election of Zohran Mamdani as a mayoral candidate in New York City has caused a meltdown among the tech elite, with some comparing the city to San Francisco. Mamdani, a self-proclaimed socialist, has proposed policies such as government-run grocery stores and freezing rent hikes, which has sparked backlash from tech figures like Tyler Winklevoss. The reaction mirrors the contempt that the tech elite have directed at San Francisco in the past. However, it remains to be seen how the New York tech scene will respond to Mamdani's election, as technology issues were not a focus during the primary. Despite the uncertainty, there is confidence that New York City will continue to thrive and reinvent itself under new leadership.Meta, formerly known as Facebook, has hired four researchers from OpenAI to join their "superintelligence" team, despite previous claims by OpenAI CEO Sam Altman that Mark Zuckerberg failed to recruit their talent. Meta has been aggressively acquiring talent in the AI space, including bringing on high-profile leaders like Daniel Gross and Nat Friedman. Additionally, Meta is in talks to acquire AI voice startup PlayAI, indicating their commitment to dominating the AI field. Apple's movie "F1" had a successful opening weekend at the box office, generating $55.6 million in ticket sales in the U.S. This marks Apple's first box office hit, although it comes after a string of underperforming films. Apple's entertainment arm is crucial to its strategy of diversifying revenues and producing content for its devices.Tech billionaires gathered in Venice to celebrate the wedding of Amazon founder Jeff Bezos to Lauren Sanchez. The guest list included Bill Gates, Sam Altman, Amazon CEO Andy Jassy, and former Google CEO Eric Schmidt, among others. The intimate wedding included tech billionaires as well as Hollywood celebrities and sports figures. Other tech news includes a $100 million deal between a nuclear company and Palantir to develop AI software for nuclear power, Nvidia nearing a $4 trillion valuation, American Airlines experiencing delays due to an IT glitch, Microsoft unveiling an AI diagnostic tool for radiology, Elon Musk making changes at Tesla amid declining EV sales, and OpenAI renting Google's TPUs for their ChatGPT model. HP and Juniper Networks have also reached a settlement with the U.S. DOJ regarding antitrust concerns.The text discusses various topics, including conversations with economist Nouriel Roubini, Carlyle's David Rubenstein, and Kraken's Arjun Sethi about the future of wealth. Roubini predicts 8% GDP growth due to a tech-driven renaissance, while Rubenstein emphasizes measuring wealth by health and longevity. Sethi discusses the democratization of access to capital through crypto. The text also mentions the looming tariff deadline, tax cuts, and tariff news, as well as Trump's attacks on Powell and insider sales at Nvidia. The markets are analyzed, with S&P 500 futures rising and various global market updates provided. Analyst notes from UBS, Goldman Sachs, and Pantheon MacroEconomics are also included. Watercooler chat covers topics such as investors exiting U.S. bond funds, Victoria's Secret's stock drop, Twilight superfans buying Bella Swan's house, and a Gen X CEO's loyalty to one company for 35 years. The email concludes with information about CEO Daily's editors and contact details.Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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