Fri. 03/07 – “AI Wrappers” No Longer A Pejorative

Mar 7, 2025 17m

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Will Apple have to allow side loading in Brazil? The US Strategic Crypto Reserve becomes a reality. Larry Page has a new startup. The concept of a startup being nothing more than an “AI Wrapper” is no longer a pejorative. And, of course, the Weekend Longreads Suggestions.

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Links:

Brazilian court gives Apple 90 days to allow sideloading on iOS (9to5Mac)
Donald Trump signs executive order for Strategic Bitcoin Reserve (CoinTelegraph)
Drone Defense Startup Shield AI Lands $5.3 Billion Valuation (Bloomberg)
Larry Page Has a New AI Startup (The Information)
The Hottest AI Companies Right Now Are ‘Apps’ (Bloomberg)

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Apple's Challenges in Brazil

A Brazilian judge has mandated that Apple must allow side-loading on iOS within 90 days to comply with local antitrust regulations. This decision follows a prior ruling by Brazil's antitrust regulator, which found that Apple's restrictions on developers could hinder competition. Apple has expressed concerns that these changes may jeopardize user privacy and security, asserting that they will appeal the ruling.

The Establishment of the U.S. Strategic Crypto Reserve

President Trump signed an executive order to create a Strategic Bitcoin Reserve. This reserve will include Bitcoin and other cryptocurrencies forfeited in criminal cases, enhancing the government's control over digital assets. The initiative aims to secure a substantial digital asset stockpile while ensuring it doesn't cost taxpayers.

Investment in Defense Startups

Shield AI, a San Diego-based defense startup, secured $240 million in funding, bringing its valuation to $5.3 billion. The company focuses on developing autonomous vehicle technology for defense purposes, tapping into the growing interest and investment in defense-related tech innovations.

Larry Page's New Startup

Larry Page, co-founder of Google, has launched a new venture called Dynatomics, aiming to utilize large language models (LLMs) for creating optimized physical designs. The stealth startup is led by Chris Anderson, who previously worked on Page-backed projects, indicating a continuing trend of utilizing AI in innovative manufacturing processes.

AI in the App Ecosystem

The perception of AI startups as mere 'AI wrappers' is shifting positively. Many companies, like Harvey and Annie Sphere, have gained momentum and investment as they provide valuable applications of AI technology to niche markets. Investors now see revenue potential in these AI apps, reflecting a change in how the market values AI technologies.

YouTube's Evolution

While celebrating its 20th anniversary, YouTube's growth from a video dating site to a worldwide content hub is highlighted. The platform boasts over 2.4 billion users and generates substantial revenue from ads and subscriptions, showcasing its significant impact on the entertainment landscape.