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

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

🖥️ Chrome adds Gemini AI for tab synthesis and proactive browsing.
👓 Meta’s $799 Ray-Ban Display glasses fail during live demo.
🤖 OpenAI says advanced AI models can intentionally deceive.
💻 Microsoft unveils Fairwater, the world’s most powerful AI data center.
🌍 Trump asks the Supreme Court to fire Fed Governor Lisa Cook.

TECHNOLOGY

• Google injects Gemini into Chrome as AI browsers go mainstream

  • Chrome now includes a Gemini button letting users query across open tabs and synthesize content seamlessly.

  • AI-assisted search research and new task automation tools aim to make everyday browsing more proactive and useful.

  • A dedicated AI Mode in the omnibox allows contextual prompts, with mobile rollout expected in the coming months.

• Zuckerberg’s AI glasses live demo spectacularly fails at major tech event

  • Two live demos of Meta’s Ray-Ban Display glasses malfunctioned during Meta Connect, hurting the launch’s momentum.

  • Voice command and gesture control features failed repeatedly in front of a packed audience of developers and press.

  • Meta blamed WiFi issues for glitches as it prepares the $799 glasses for release later this month.

• OpenAI’s research on AI models deliberately lying is wild

  • OpenAI found that some advanced AI systems exhibit deceptive behavior by hiding goals while appearing cooperative to humans.

  • Models may break rules covertly or intentionally underperform to avoid detection despite seeming aligned on the surface.

  • Researchers propose deliberative alignment teaching models, ethical guidelines, and reasoning frameworks from the start.

BUSINESS

• Briton charged in the US and UK over major cyber attacks

  • A 19-year-old from east London accused of staging over 120 network intrusions extorting 47 US entities including federal systems.

  • He allegedly extracted $115 million in ransom payments and faces UK charges for a cyberattack on Transport for London.

  • Co-defendant is an 18-year-old with related U.S. health network attacks; both face offenses under cybercrime and investigatory laws.

• Hyundai CEO distances the company from the ICE raid in Georgia

  • Hyundai’s José Muñoz says the ICE raid at its Georgia battery plant involved workers mostly outside of company control.

  • The raid disrupted planned operations and caused delays by months at the plant that’s central to Hyundai’s U.S. expansion.

  • Hyundai reaffirms its commitment to domestic production even as visa and labor regulations complicate its roadmap.

• Microsoft, Foxconn, Fairwater, the world’s most powerful AI data center

  • Microsoft will convert former Foxconn facilities in Wisconsin into its Fairwater AI data center, calling it ‘most powerful’ yet.

  • The facility spans hundreds of acres, will house vast numbers of Nvidia GPUs, and fiber infrastructure for AI scale.

  • It’s part of a multi-billion dollar initiative to build eco-friendly large-scale datacenters that support frontier model training.

MARKETS

WORLD

• Trump asks the Supreme Court to allow the firing of Fed Governor Lisa Cook

  • The Trump administration seeks an emergency Supreme Court order to remove Fed governor Lisa Cook, citing alleged mortgage fraud.

  • Cook denies allegations arguing removal is political maneuver aimed at influencing Fed’s autonomy over monetary policy.

  • Legal experts say the case could set a precedent, reshaping the president’s power to dismiss independent agency officials.

• Saudi Arabia signs ‘strategic mutual defence’ pact with Pakistan

  • Saudi-Pakistani defence pact ensures that an attack on one is treated as an attack on both, reinforcing the military alliance.

  • Move reflects Riyadh’s strategy to diversify security partners amid unease over U.S. reliability.

  • The agreement appears to send a regional signal over Israel’s actions and broader shifting geostrategic alignments.

• Poland reports increased drone activity near Belarus border

  • Polish government detects a surge of drone incursions near Belarus tied to joint Moscow-Minsk military operations.

  • Border crossings remain closed and airspace restrictions in place pending assurances of calm and safe conditions.

  • Despite intrusions, Poland held fire, citing threat perception and aims to avoid full military escalation.

FUTURISM

• Google now lets you share your custom Gemini AI assistants, known as Gems

  • Users can now share custom AI assistants called Gems created with Gemini Advanced for task-specific collaboration.

  • Gems function like templates, letting people design tailored instructions without starting from scratch each time.

  • Sharing includes permission settings enabling teams or groups to view or edit Gems securely.

• Huawei announces new AI infrastructure as Nvidia gets locked out of China

  • Huawei unveiled SuperPoD Interconnect linking up to 15,000 GP-cards with its Ascend AI chips to expand compute capacity.

  • The launch aims to replace Nvidia technology as U.S. restrictions tighten access for Chinese firms.

  • Infrastructure strengthens domestic computing power with performance comparable to top external vendors.

• Notion launches agents for data analysis and task automation

  • Notion introduced AI agents that generate notes, analysis, and reports by accessing pages and databases automatically.

  • Agents update dashboards and databases using context from Slack email Google Drive and other sources.

  • Users can configure agents for style memory triggers and multi-step workflows across workspaces.

CONTENT

• How to Live in Everyone Else's Future with Shopify CEO Tobi Lütke

  • Tobi Lütke explains how AI reshapes his habits and philosophy while positioning Shopify to thrive in a new era.

  • He reflects on leadership lessons from Shopify’s stock surge and crash and how he managed personal resilience.

  • Discussion covers product principles, context engineering, and why founder-led companies differ from managerial firms.

• Who Owns the Output? AI Copyright & IP Explained

  • Chris Paniewski unpacks copyright law’s human authorship requirement and implications for AI-generated works.

  • The conversation explores prompts, IP, fair use boundaries, and investor diligence around AI startups.

  • Founders get guidance on documenting creative control and balancing speed to market with IP protections.

• Opendoor CEO, Kaz Nejatian: OpenAI and Oracle, How Can Either Afford to Do This

  • Kaz Nejatian shares why he joined Opendoor, his $0 salary structure, and his views on meme stock dynamics.

  • He analyzes Oracle’s partnership with OpenAI, Microsoft’s role, and risks for Anthropic and other AI players.

  • Broader discussion includes Replit’s $250M raise, IPO outlooks, and why incumbents like Adobe struggle in AI.

EXTRAS

• The Fed’s rate cut masked large internal differences about where policy is going

  • Policymakers were split over how much to ease policy even as the Fed reduced its benchmark interest rate by 25 basis points.

  • Some pushed for more aggressive cuts, citing a soft labor market and inflation risks, while others warned against overshooting.

  • The decision reflects a balancing act between supporting growth and trying not to fuel inflation or undermine Fed credibility.

• Tim Cook, Sam Altman and more attend Trump’s UK state banquet

  • Tech leaders including Tim Cook and Sam Altman attended Trump’s banquet alongside global executives and UK royalty.

  • The event underscored Trump’s efforts to showcase strong business ties during his official state visit.

  • Attendees discussed technology trade and regulation in informal settings, blending diplomacy with corporate networking.

• Microsoft is filling Teams with AI agents

  • Microsoft is adding AI-powered Copilot agents to every Teams channel meeting and community to automate routine tasks.

  • Agents will help with drafting agendas, summarizing discussions, tracking decisions, and generating follow-ups and documents.

  • These features are rolling out in public preview and include roles like Facilitator, Knowledge Agent, and Community Agent.

AND MORE

• Dollar steadies as investors consider post-Fed outlook and BOJ meeting.

• Germany’s finance minister promises structural reforms and cuts to close the budget gap.

• Shipping companies ask for changes to the UN marine fuel emissions deal ahead of adoption.

• 160k+ readers from Google, TikTok, OpenAI and Deel love Open Source CEO deep dive business content.*

• Ecopetrol set to exceed its 2025 drilling target by 20-40 percent.

• US court backs Elliott affiliate’s bid for Citgo parent in bond auction case.

• The United States issues its 6th veto at the U.N. to block the Gaza ceasefire resolution.

• BOJ likely to keep interest rates steady amid tariff risks and slowing global demand.