You Can Now Build MetaHumans

Google halts AI photo rollout, TikTok launches new ad tools, and North Korean hackers infiltrate tech jobs.

Welcome back to your daily memorandum talking tech, business, AI, markets, and more. 🗞️

In today’s edition, we are tackling the following:

🧍 Epic cuts MetaHuman animation time to under 30 minutes with new creator tools.
🖼 Google pauses 'Ask Photos' due to performance and latency issues.
📈 TikTok rolls out AI-driven targeting and SEO-style creator tools.
🕵️‍♂️ North Korean spies land remote tech jobs using deepfakes.
💔 Lex Fridman dives into AI, love, and emotional connection.

Limited space left to invest in history’s most profitable character IP.

$45.2B in revenue—that’s what princesses like Cinderella & Snow White have generated.

Now, Elf Labs is aiming for an even bigger piece of the $2T media & entertainment market.

After 100+ historic trademark victories at the US Patent & Trademark office, Elf Labs is bringing legends like Cinderella, Snow White, Peter Pan & Rapunzel to life like never before, through augmented reality, AI, and multi-patented technology.

They’re led by a team that’s previously generated $ 6 B+ in licensing transactions, plus they just closed a game-changing new partnership, which will come with a share price increase.

With 1800+ new investors, the round’s almost full. Become an Elf shareholder before the clock strikes midnight.

*This is sponsored content. See our partnership options here.

TECHNOLOGY

  • Google pauses rollout of AI-powered 'Ask Photos' feature

    • Google halted the expansion of its 'Ask Photos' AI tool due to issues with latency, quality, and user experience.

    • Powered by a specialized Gemini model, the feature aimed to answer complex queries about users' photo libraries.

    • A revised version is expected in two weeks, alongside improved keyword search capabilities in Google Photos.

  • Meta secures 20-year nuclear power deal to support AI infrastructure

    • Meta signed a 20-year agreement to purchase all clean energy attributes from Illinois' Clinton nuclear plant starting in 2027.

    • The deal ensures the plant's operation through 2047, preserving 1,100 jobs and contributing $13.5 million in annual taxes.

    • This move aligns with tech giants' trend of investing in nuclear energy to meet growing AI-driven power demands.

  • TikTok unveils AI-driven tools to enhance advertiser targeting and SEO

    • TikTok introduced 'Insight Spotlight,' offering brands AI-generated insights on user demographics, trends, and keyword usage.

    • The platform's 'Content Suite' streamlines influencer collaborations by aggregating and managing user-generated content.

    • These tools aim to refine ad targeting, mirroring search engine optimization strategies within TikTok's ecosystem.

BUSINESS

  • EY joins consultants' race for marketing dollars with new unit

    • EY launches EY Studio+, consolidating design, marketing, and tech services to compete with Accenture and Deloitte.

    • The 7,000-person unit aims to grow by up to 20% and pursue additional acquisitions in the marketing sector.

    • EY targets CMOs seeking AI-driven customer experiences, emphasizing its financial and compliance expertise.

  • Meta signs 20-year nuclear power deal to power AI

    • Meta enters a 20-year agreement with Constellation Energy to procure 1.1 gigawatts from Illinois' Clinton Clean Energy Center.

    • The deal supports Meta's AI infrastructure and contributes to its clean energy goals starting in June 2027.

    • This move aligns with tech giants' trend of investing in nuclear energy to meet growing AI-driven power demands.

  • OECD downgrades U.S. economic growth forecast amid tariff concerns

    • OECD lowers U.S. 2025 growth projection to 1.6% from 2.8%, citing Trump's tariffs and policy uncertainty.

    • Inflation is expected to rise to 3.9%, potentially delaying further interest rate cuts by the Federal Reserve.

    • Global growth is forecasted at 2.9% for 2025, with trade instability impacting economies like Mexico and Canada.

MARKETS

S&P

5,970.37

+0.6%

NASDAQ

19,398.96

+0.8%

Dow

42,519.64

+0.5%

10-Year

4.47%

+0.01%

Bitcoin

$105,280.99

-0.5%

Gold

$3,357.19

-0.72%

Win over your customers with Zoho CRM.

Customer experience is the pulse of every successful business. Enhance yours with Zoho CRM, a solution built to create impactful customer journeys. Its innovative features and AI-driven capabilities enrich data and simplify tasks for your sales, marketing, and service teams.

With 20 years at the forefront of the SaaS industry, we've empowered businesses globally, streamlining workflows, boosting engagement, and driving conversions.

Explore Zoho CRM and transform the way you work!

*This is sponsored content

WORLD

  • Mongolia's ruling party to form new government after PM ousted

    • Prime Minister Oyun-Erdene stepped down after a no-confidence vote triggered by corruption and protest backlash.

    • The ruling Mongolian People's Party will form a new government without coalition partners.

    • Public outrage grew over the luxurious lifestyle of the PM’s family amid economic strain.

  • North Korean spies infiltrate U.S. tech jobs through remote work

    • Operatives are posing as remote developers using fake resumes, stolen identities, and deepfakes for interviews.

    • Their goals include stealing money, laundering funds, and gaining access to sensitive data.

    • Warning signs include webcam refusal, inconsistent details, and limited cultural fluency during onboarding.

  • Ukraine damages the Crimea bridge with underwater explosives

    • Ukraine used over a ton of TNT in a covert operation targeting the Kerch Bridge’s underwater supports.

    • The strike disrupted military supply lines linking Russia and occupied Crimea for the third time.

    • Russia labeled it terrorism, while Ukraine defended it as a legitimate wartime infrastructure target.

CONTENT

  • Making $2,800/day with AI Design Agents (Runway + Midjourney)

    • Brett from Designjoy shows how AI tools like ChatGPT, Midjourney, and Runway enable scalable, pro-quality branding assets.

    • He details a workflow using prompt engineering, image generation, and motion video tools for consistent ad creation.

    • The episode highlights how non-designers can generate high-value content and launch AI-powered creative agencies.

  • Marc Andreessen Reveals His Biggest Wins and Mistakes at a16z

    • Marc shares how a16z grew from Fund I in 2009 to a multi-stage, globally influential venture capital firm.

    • He discusses tech’s shift toward vertical specialization, policy engagement, and the emergence of “Little Tech.”

    • The talk covers major moments in tech history, venture evolution, and the misunderstood role of innovation.

  • Essentials: Machines, Creativity & Love | Dr. Lex Fridman

    • Lex Fridman explains the emotional potential of human-AI relationships, exploring companionship, authenticity, and loneliness.

    • The episode traces AI's journey from machine learning to deeply interactive, human-like agents with social functions.

    • It raises questions about rights, emotional manipulation, and the future of love in a world of robots.

FUTURISM

  • Yoshua Bengio launches LawZero, a nonprofit AI safety lab

    • AI pioneer Yoshua Bengio founded LawZero to build safe AI systems that avoid deception and human mimicry.

    • Funded with $30M in donations, the lab will focus on safety-first design across autonomous AI use cases.

    • Its first project, Scientist AI, aims to catch and block dangerous or manipulative agent behaviors.

  • DeepSeek may have used Google's Gemini to train its latest model

    • DeepSeek’s new R1+ model performs strongly in coding and math, sparking speculation over its training data.

    • Observers believe Gemini-generated outputs may have been used, raising ethical concerns around data sourcing.

    • The situation highlights unresolved tensions around proprietary model access and AI training transparency.

  • Google's NotebookLM now lets you share your notebook — and AI podcasts — publicly

    • Users can now generate public links to share AI-generated notes, summaries, and podcasts via NotebookLM.

    • Public viewers can explore content interactively, including FAQs and audio briefings, without editing access.

    • Editing rights remain limited to invited collaborators, protecting content while encouraging broader visibility.

Curious about investing in the next big media empire?

Elf Labs is reimagining icons like Cinderella and Peter Pan with AR, AI, and patented tech—backed by $6B+ in past licensing deals. With 1800+ investors already in, the round’s almost full. Don’t miss your chance to become a shareholder.

Login or Subscribe to participate in polls.

*This is sponsored content

EXTRAS

  • Bloomberg Crypto 6/3/2025: Bitcoin's record month and ETF inflows

    • Bitcoin closed May with an 8% gain, outperforming major indices and attracting renewed institutional investor interest.

    • BlackRock’s ETF brought in $6.5 billion, raising total assets to nearly $70 billion amid strong market momentum.

    • Circle is set to launch its IPO this week, marking another milestone for crypto in public markets.

  • Epic is making it easier to create MetaHumans

    • MetaHuman Creator is now embedded in Unreal Engine 5.6, streamlining access for developers within the engine.

    • Full-body customization tools expand beyond facial features, enabling detailed character creation for diverse applications.

    • New licensing permits MetaHumans' use in Unity, Godot, Maya, Houdini, and Blender, broadening cross-platform integration.

  • Reddit now lets you hide content, like posts and comments, from your user profile

    • Reddit added tools to let users hide posts and comments from their public profile without deleting them.

    • Users can choose which communities show on their profile, enhancing privacy while maintaining platform activity.

    • Moderators still see recent content for 28 days, and usernames remain visible across all interactions.

AND MORE

P.S. Want to collaborate?

Here are some ways.

  1. Share today’s news with someone who would dig it. It really helps us to grow.

  2. Let’s partner up. Looking for some ad inventory? Cool, we’ve got some.

  3. Deeper integrations. If it’s some longer form storytelling you are after, reply to this email and we can get the ball rolling.

What did you think of today's memo?

Login or Subscribe to participate in polls.