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Uncle Sam’s Intel Stake

102 snips
Aug 25, 2025
The U.S. government has taken a surprising 10% stake in Intel, reshaping the tech landscape. Apple may partner with Google to revamp Siri, while Meta collaborates with Midjourney for AI enhancements. DHL is embracing AI to address workforce challenges posed by an aging demographic, showcasing its AI voicebot's impact on customer service. Additionally, Perplexity aims to share revenue from AI searches with publishers, and there's a new initiative in San Francisco to support women in tech, fostering female entrepreneurship.
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INSIGHT

Government Takes Active Industrial Role

  • The U.S. bought 10% of Intel for $8.9B, becoming its largest shareholder without board control.
  • The deal signals unprecedented government involvement in healthy private companies to secure industrial policy goals.
INSIGHT

Apple Might Outsource Siri Intelligence

  • Apple is considering outsourcing Siri's brain and has run bake-offs between internal and external models.
  • Talks include Anthropic, OpenAI, and exploratory work with Google training a model to run on Apple servers.
INSIGHT

Meta Leverages MidJourney For Creative Models

  • Meta licensed MidJourney's aesthetic tech to bolster its image and video models.
  • The deal aims to help Meta compete with top image/video models from OpenAI and Google.
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