Good morning! This is your daily ☕️ Techpresso.
In today's Techpresso:
💥 Fears of AI bubble intensify after new report
🎮 Epic Games CEO promises to ‘fight’ Apple over ‘absurd’ changes
⌚ What's next for the Apple watch: bigger screen, thinner
❌ Microsoft bans China-based employees from using Android devices
📝 Microsoft’s Notepad gets spellcheck and autocorrect 40 years after launch
🎁 + 6 other news you might like
🔮 + 7 handpicked research papers and tools
💥 Fears of AI bubble intensify after new reportLINK
The AI industry needs to generate $600 billion annually to cover the extensive costs of AI infrastructure, highlighting a significant financial gap despite heavy investments from major tech companies.
Sequoia Capital analyst David Cahn suggests that the current revenue projections for AI companies fall short, raising concerns over a potential financial bubble within the AI sector.
The discrepancy between AI infrastructure expenditure and revenue, coupled with speculative investments, suggests that the AI industry faces significant challenges in achieving sustainable profit, potentially leading to economic instability.
🎮 Epic Games CEO promises to ‘fight’ Apple over ‘absurd’ changesLINK
Epic Games CEO Tim Sweeney has vowed to resist Apple's latest demands, calling the situation "absurd" and promising to fight the company's attempts to enforce additional changes.
Epic recently accused Apple of arbitrary actions after the tech giant rejected the Epic Games Store twice, citing elements too similar to its own App Store.
Although Apple approved the games store following complaints to European regulators, it required Epic to make further changes, prompting a renewed dispute from Epic Games.
⌚ What's next for the Apple watch: bigger screen, thinnerLINK
The Apple Watch Series 10 is rumored to feature a larger screen, matching the 49mm display size of the Apple Watch Ultra, along with a potentially thinner case and a new advanced chip.
Mark Gurman's newsletter suggests that while the Series 10 watch may have a two-inch display, it likely won't see significant design changes, which means current watch straps should still be compatible.
Gurman also notes that Apple is facing challenges with new health sensors, particularly improving the reliability of a blood pressure monitor, and the company is planning a cheaper Apple Watch SE to compete with Samsung's Galaxy Watch FE.
❌ Microsoft bans China-based employees from using Android devicesLINK
Microsoft has directed its employees in China to switch from Android phones to iPhones for work purposes starting in September, citing an internal memo reported by Bloomberg.
This change aligns with Microsoft's global Secure Future Initiative, which requires all staff to use the Microsoft Authenticator password manager and Identity Pass app to enhance security measures.
The decision reflects the fragmented nature of Android app stores in China and ongoing concerns over data security, especially amid U.S. investigations into Chinese telecom companies for potential threats to American data.
📝 Microsoft’s Notepad gets spellcheck and autocorrect 40 years after launchLINK
Microsoft has introduced spellcheck and autocorrect to its Notepad app on Windows 11, 40 years after the text editor's initial launch in 1983.
Users can enable or disable the new spellcheck and autocorrect features in Notepad, with customization options based on file types like .md, .srt, .lrc, or .lic.
This update follows a trend of adding more features to Notepad in Windows 11, such as dark mode, tabs, and the upcoming removal of the built-in WordPad app.
Other news you might like
America must love Little Tech too if it wants to stay on top, say Marc Andreessen and Ben Horowitz.LINK
Google claims new AI training tech is 13 times faster and 10 times more power efficient — DeepMind's new JEST optimizes training data for impressive gains.LINK
YouTube Music may soon let you enter a prompt to create a custom radio.LINK
Germany still holds $2.2B worth of Bitcoin.LINK
Seed VCs are turning to new ‘pro rata’ funds that help them compete with the big firms.LINK
Canva CEO Melanie Perkins thinks the design world needs more alternatives to Adobe.LINK
Latest research and tools
Reasoning in Large Language Models: A Geometric Perspective: the paper discusses how large language models use geometric relationships between words to facilitate reasoning.LINK
Xpra: a tool that enables running X11 programs on a remote host and directing their display to a local machine, allowing disconnection and reconnection without state loss, effectively offering remote access to graphical applications with support for seamless desktop feature integration.LINK
Onlook: an open-sourced tool similar to Webflow, designed for building custom web applications using React and Next.js, with included demos and the capability to add Onlook plugins for enhanced functionality.LINK
ShareDrop: a web-based tool enabling peer-to-peer file transfers across devices using WebRTC without needing to upload files to a server, inspired by Apple's AirDrop but requiring an internet connection for device discovery.LINK
NanoKVM: an affordable, multifunctional IP-KVM device utilizing the compact LicheeRV Nano platform for remote control and monitoring of computers, available in Lite and Full versions for different user needs.LINK
VDEv2: a tool that simulates a physical network of Ethernet cables and switches to connect virtual computers across different host machines, allowing them to communicate as if they were on the same physical network.LINK
QuickJS, the Next Generation: a revitalized JavaScript engine project, spurred by a fork in October 2023, aimed at enhancing its capabilities, leading to collaborative efforts and plans for eventual merging with the original QuickJS to combine strengths.LINK
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