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

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

📷 DJI launches Osmo Nano 4K action camera with gesture controls.
💵 Tether targets $500B valuation with private raise advised by Cantor Fitzgerald.
💊 FDA review suggests leucovorin may treat autism-related cerebral folate deficiency.
📉 Spirit Airlines to furlough 1,800 attendants after bankruptcy filing and route cuts.
🛡️ Secret Service dismantles telecom threat network ahead of UN Assembly.

TECHNOLOGY

• WhatsApp adds built-in message translation feature for iPhone and Android

  • Users on iPhone and Android can now translate messages in 1:1 chats, group conversations, and Channels by long-pressing messages.

  • Android initially supports English, Spanish, Hindi, Portuguese, Russian, and Arabic; iPhone supports translation into over 19 languages.

  • Android users may enable automatic translation for entire chat threads; the feature is rolling out gradually across devices.

• Google’s AI Mode adds five new languages globally

  • AI Mode now supports Hindi, Indonesian, Japanese, Korean, and Brazilian Portuguese, helping more users interact naturally.

  • Uses Gemini 2.5 with multimodal and reasoning features to boost relevance in each new language.

  • Expansion builds on previous launch in over 180 English-language markets; it aims to make AI search more globally useful.

• DJI unveils Osmo Nano, a 4K action camera with Multifunctional Vision Dock

  • Osmo Nano is ultra-compact and wearable; it shoots 4K/120fps with a 1/1.3-inch sensor and includes gesture and head nod control.

  • Dock adds a screen, extends battery life significantly, and doubles as a wireless remote for hands-free use.

  • Waterproof to 10 meters, supports 2 wireless mics, and designed for creators needing pro features in a tiny package.

BUSINESS

• OpenAI, Oracle, and SoftBank plan five new AI data centers

  • The Stargate project expands with five new U.S. data centers targeting nearly 7 gigawatts of capacity and creating 25,000 jobs.

  • Locations include Texas, New Mexico, Ohio, and a yet-to-be-disclosed Midwestern site under development.

  • Total investment for Stargate now exceeds $400 billion on track to reach $500 billion in the coming years.

• Crypto giant Tether seeks $500B valuation in major raise

  • Tether is seeking to raise $15–20 billion in a private placement valuing the stablecoin issuer around $500 billion.

  • The deal would offer about a 3 percent stake and is being advised by Cantor Fitzgerald.

  • Tether’s dominance in the stablecoin market and strong reserves support its high valuation aspiration.

• FDA likely to approve leucovorin as therapy for some autism-related cerebral folate deficiency

  • Leucovorin, a form of folinic acid, is being reviewed for FDA approval to treat cerebral folate deficiency linked to autistic traits.

  • Small studies suggest improvements in verbal skills, social interaction, and reduced irritability among affected children.

  • Though off-label use exists, experts caution that existing evidence is preliminary and call for larger controlled trials.

MARKETS

WORLD

• Secret Service breaks up imminent telecom threat in New York

  • Agents dismantled a network with over 300 SIM servers and 100,000 SIM cards within 35 miles of NYC ahead of the UN Assembly.

  • The system was seen as capable of disabling cell towers, launching telecom threats, and enabling encrypted communications.

  • Investigation is ongoing involving federal, state, and local agencies with early analysis revealing a large, coordinated operation.

• Donald Trump’s false and misleading claims during his UN address

  • Trump praised El Salvador for imprisoning deportees, but most had no US criminal records and were wrongfully portrayed.

  • Claimed to have ended seven wars and uncontrolled migration despite unresolved conflicts and complex migration dynamics.

  • Accused Europe of continuing to buy Russian oil, though imports have dropped, and dismissed climate change against the scientific consensus.

• Ukrainian civilians suffer systematic torture in Russian facilities

  • A UN rights report found mock executions, electric shocks, beatings, and stress-position torture in over 100 detention centers.

  • Detentions span occupied Ukraine and many Russian regions, often for noncriminal speech or criticism of the invasion.

  • Authorities verified at least 36 deaths due to abuse or medical neglect, while many more cases remain under investigation.

FUTURISM

• Android gaming gets a Gemini AI Sidekick for real-time help

  • Google is launching Gemini Live overlay inside mobile games so players can ask for in-game hints without pausing.

  • The assistant can analyze what’s happening onscreen and respond via voice with strategy or tip suggestions.

  • Overlay also shows rewards, offers, achievements, and will roll out gradually to supported games.

• How Google’s dev tools manager makes AI coding work

  • Ryan Salva leads efforts like Gemini CLI and Code Assist that enable agentic coding workflows.

  • His team is designing tools that let developers manage AI suggestions and context switching seamlessly.

  • Focus lies on making AI-powered code integration intuitive and effective for teams of varying skill levels.

• Google Photos users on Android can now edit their photos by talking to or texting the AI

  • Android users tap ‘Help me edit’ to describe desired changes using voice or text rather than sliders.

  • Gemini suggests edits or acts on vague commands like ‘make it better’ or ‘remove distractions.’

  • A feature once exclusive to Pixel 10 is now expanding to more Android phones over time.

CONTENT

• America's Autism Crisis and How AI Can Fix Science

  • Jay Bhattacharya outlines NIH priorities on autism research, academic freedom, and restoring trust in science.

  • Conversation covers replication crisis, grant allocation reforms, and support for early career researchers.

  • AI’s potential role in scientific publishing, nutrition research, and accelerating biomedical progress is highlighted.

• How A.I. can help us escape the simulation

  • Roman Yampolskiy explores the simulation hypothesis and AI’s role as a possible escape mechanism.

  • He warns of existential risks while contrasting AI control challenges with the ‘simulation escape problem.’

  • Talk links philosophy, computer science, and speculative futures about hacking reality itself.

• How To Build A Generational Crypto Startup

  • Y Combinator and Base leaders describe crypto’s ‘Fintech 3.0’ era enabled by regulation, adoption, and cheaper chains.

  • Discussion highlights stablecoins, asset tokenization, and L1 vs L2 frameworks for new on-chain products.

  • They outline what Coinbase seeks in founders and their vision for crypto’s next decade.

EXTRAS

• YouTube reinstates creators banned over COVID-19 election

  • Alphabet to restore creators removed under past policies targeting COVID-19 and election content, citing free-expression concerns.

  • These creators will return under a pilot program assessing eligibility rather than automatic reinstatement.

  • Policy shift responds to pressure over moderation transparency and accusations of inconsistent enforcement.

• Altman, Huang, and last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal

  • Jensen Huang and Sam Altman reportedly hammered out major terms during a private meeting under tight time pressure.

  • Critical issues included infrastructure investment, compute capacity, and governance structure.

  • Deal capped months of public posturing by cloud competitors and reshaped the landscape of AI infrastructure partnerships.

• Apple cancels release of new Apple TV+ show The Savant

  • The Savant, starring Jessica Chastain, was removed from the Apple TV+ schedule days before its scheduled premiere.

  • Apple has pulled promotional materials and the advertised premiere date without providing a new release date.

  • The series—focused on infiltrating hate groups—is postponed indefinitely amid unclear reasons for cancellation.

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AND MORE

• U.S. judge orders halt to Trump’s shutdown of Rhode Island offshore wind project.

• President Trump calls climate change “the greatest con job” at UN speech.

• Technology Innovation Institute and Nvidia launch AI and robotics lab in the UAE.

• Meta’s AI system Llama cleared for use in U.S. government agencies.

• Get smarter on AI in 5 minutes with Roko’s Basilisk daily brief.*

• Screwworm parasite case near the U.S. border in Mexico contained; no fly population found.

• Magnum to use NotCo’s AI for new sustainable, plant-based ice cream formulas.

• Tech shares steady after Trump’s new visa fee announcement for H-1B holders.

• Critics say Trump’s cuts make tracking food insecurity harder as the USDA survey is canceled.