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OpenAI unveils Deep Research, an AI agent just for that. I’ll explain. Are Shein and Temu first up to feel the brunt of the new Trump tariffs? Apple canceled the AR project I assumed they would be pivoting toward. And the Beatles won a Grammy last night with the first AI augmented song to ever win a Grammy.
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Over the weekend, OpenAI announced a new feature called 'Deep Research', available exclusively to $200 per month ChatGPT Pro subscribers. This AI agent is designed for intensive knowledge work, aiding research in fields such as finance, science, and engineering. Unlike previous versions of ChatGPT, Deep Research can process up to 100 queries monthly, offering comprehensive responses that include citations and summaries of its data sourcing process. Users can engage with it through text, images, and file uploads, though it has noted limitations, such as occasionally generating inaccuracies.
The recent tariffs imposed by President Trump, which remove the $800 exemption for goods imported from China, are set to impact Chinese online retailers such as Temu and Shein significantly. This new duty structure complicates operations for companies that previously leveraged this loophole to sell goods competitively in the U.S. market. As a result, these companies have started diversifying their logistics to adapt to the changing environment, yet the overall impact is expected to be challenging. Additionally, the EU is probing Shein for potential violations of consumer protection laws.
Apple has halted its ambitious project to develop augmented reality glasses designed to connect with Macs. This cancellation comes after challenges in finding suitable technology that balanced cost and consumer appeal. Despite the setbacks, Apple continues to work on enhancements to its Vision Pro headset and other AR technologies. The projected AR glasses were intended to be lightweight and user-friendly but faltered due to unresolved technical issues and shifting goals.
In a groundbreaking event, the Beatles' song 'Now and Then' won the Grammy for Best Rock Performance, marking the first Grammy-awarded track that was created using AI assistance. The song incorporates a demo recorded by John Lennon in the late 1970s, processed with the help of AI to isolate its components. Although the release sparked mixed reviews over its quality and authenticity, it highlights the complex relationship between music, AI technology, and artistic intent.
Stablecoins have emerged as key players in enhancing financial transactions, especially in emerging markets. Companies like SpaceX utilize stablecoins for cross-border payments to bypass the inefficiencies of traditional banking. The growing trend indicates that stablecoins—their practicality and efficiency—are becoming integral to facilitating quicker and cheaper international transactions, evidence of shifting paradigms in modern finance.
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