SoftBank's Strategic AI Investment and Essential Business Attire

Apple’s earnings are decidedly mixed. Mark Zuckerberg’s complaints about everything he says leaking… leaked, and there are a lot of interesting details in those leaks. Looks like the SoftBank and OpenAI courtship is a serious one, and if the marriage happens, looks like Arm Holdings can be leveraged for the dowery. And, of course, the Weekend Longreads Suggestions.

Links:

• Apple shares rise 3% as boost in services revenue overshadows iPhone miss (CNBC)
• Mark Zuckerberg said that Meta missed TikTok's rise because it didn't seem 'social' enough, leaked recording reveals (Business Insider)
• OpenAI in Talks for Huge Investment Round Valuing It at Up to $300 Billion (WSJ)
• OpenAI’s Sam Altman and SoftBank’s Masayoshi Son Are AI’s New Power Couple (WSJ)

Weekend Longreads Suggestions:

• DeepSeek Chief’s Journey From Math Geek to Global Disruptor (WSJ)
• Chinese Quant Whiz Built DeepSeek In The Shadow Of a Hedge Fund Rout (Bloomberg)
• DeepSeek Debates: Chinese Leadership On Cost, True Training Cost, Closed Model Margin Impacts (SemiAnalysis)

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