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More signs the tech IPO logjam is breaking. Another cheap new AI model from China. Would you pay 20 THOUSAND dollars a month to use an OpenAI agent? The umpteenth foldable iPhone rumor, though this time with dates. And let me introduce you to YouTube Premium Lite.
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The episode kicks off with the news that the tech IPO market may be bouncing back. Klarna is set to file for a billion-dollar IPO, aiming for a valuation of over $15 billion. The company, known for its buy now, pay later service, has a fluctuating valuation history and is now pivoting towards cryptocurrency. Discord is also in early discussions for a potential IPO later this year, following significant growth in its user base, particularly during the pandemic.
Alibaba has launched QWQ32B, an open-source AI reasoning model that outperforms competitors like DeepSeek R1 with a much smaller computational need. This model is designed for complex problem-solving tasks and represents a significant advancement, showcasing Alibaba's commitment to AI and machine learning technology.
OpenAI is reportedly planning to release new AI agents at varying price points, potentially charging up to $20,000 a month for high-end agents serving as advanced research assistants. The discussion highlights how AI pricing remains fluid across the industry, with companies experimenting with different pricing models.
Google is rolling out an AI mode in search that allows users to engage in multi-part questions, enhancing the search experience. This new feature aims to compete with AI-driven search engines and represents Google's heavy investment in AI technology.
New rumors surfaced regarding Apple's first foldable iPhone, expected to launch in 2026 or early 2027, priced at over $2,000. This device is anticipated to incorporate advanced features including AI capabilities and a dual-camera setup.
YouTube has introduced a new subscription tier, Premium Lite, at $7.99 per month for ad-free viewing across most video content, though music videos will still feature ads. This move is seen as a strategy to pull in more subscribers, particularly targeting younger audiences who favor online video over traditional TV.
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