Wed. 04/23 – Meta And Apple Fined By The EU

Apr 23, 2025 17m

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Episode Description

That delayed action from the European Commission finally came down on Apple and Meta. Would OpenAI be a logical home for the Chrome web browser? Massive layoffs coming to Intel. Anysphere turned down an acquisition offer from OpenAI. And are the tariff wars coming for Elon Musk’s robots? Sponsors: Shopify.com/ride Links: Apple, Meta Fined by EU, Ordered to Comply With Tech Competition Rules (WSJ) OpenAI Would Buy Google’s Chrome Browser, ChatGPT Chief Says (Bloomberg) Intel to Announce Plans This Week to Cut Over 20% of Staff (Bloomberg) A new, open source text-to-speech model called Dia has arrived to challenge ElevenLabs, OpenAI and more (VentureBeat) Why OpenAI wanted to buy Cursor but opted for the fast-growing Windsurf (TechCrunch) Ex-OpenAI staff and top AI experts seek to block proposed for-profit restructure (FT) Tesla Humanoid Robot Plan Hampered by China Rare Earth Curbs (Bloomberg)

AI-Generated Summary

EU Fines for Apple and Meta

The European Commission has imposed fines on Apple (€500 million) and Meta (€200 million) under the Digital Markets Act (DMA), alongside cease and desist orders targeting business practices crucial to their revenue streams. Both companies plan to appeal, but the fines represent a small fraction of their global annual revenues. Apple particularly faces restrictions on app developers' capabilities to inform users about alternative purchasing options.

OpenAI's Interest in Google's Chrome

In light of potential antitrust actions against Google, the chief of OpenAI's ChatGPT, Nick Turley, expressed interest in acquiring Google's Chrome web browser, stating that integration with ChatGPT could enhance the user experience. Currently, OpenAI's chatbot has an extension available for Google Chrome, but deeper integration is seen as necessary to develop a 'super assistant' product.

Intel's Major Layoffs

Intel is reportedly planning to cut over 20% of its workforce as part of a major restructuring effort. This comes under new CEO Lip-Boutan, as the company seeks to regain its edge in the chip manufacturing sector amid losses to competitors like Nvidia. Intel is facing significant revenue declines and aims to improve its market position and operational efficiency.

New Developments in Text-to-Speech Technology

Neri Labs launched DIA, a new open-source text-to-speech model that is claimed to outperform existing solutions such as 11 Labs and Google's Notebook LM. Built with no external funding, DIA is available for deployment on platforms like Hugging Face and has already shown superior performance in generating natural and expressive dialogue.

Acquisition Talks in the AI Sector

OpenAI pursued the acquisition of Cursor, a rapidly growing AI coding tool startup, but ultimately opted for the smaller Windsurf after Cursor refused the offer to remain independent. This decision reflects OpenAI's strategy to enhance its offerings amid rising competition from other AI firms.

Concerns Over OpenAI's For-Profit Shift

Some former OpenAI staff and AI experts have voiced opposition to the company's planned transition to a for-profit model, citing concerns that it contradicts OpenAI's foundational mission to ensure that AGI benefits humanity rather than shareholders. The restructuring is viewed as a move to secure necessary funding amidst intense competition.

Tesla and the Impact of Tariff Restrictions

Elon Musk noted that production of Tesla's humanoid robot, Optimum, is currently impeded by Chinese restrictions on rare earth mineral exports. This has significant implications for Tesla's production capabilities and relates closely to the ongoing trade tensions between the U.S. and China.