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Top stories today: - DeepMind's AlphaProof at silver medal level on Math Olympiad
- SearchGPT launched by OpenAI in private beta
- GDP +2.8% in Q2, ahead of 2.0% expected
- Elon to discuss $5B investment into xAI with Tesla's board
- Vivo expands lead as #1 in smartphone sales in China in Q2
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0. Data and calendar |
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4cdec4e7-ffb1-448b-bcb2-f0419475f61b/Screenshot_2024-07-26_at_12.10.31_PM.png?t=1721988671) | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
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![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b326bef2-d0f7-4d40-933a-5c8dfaae3c68/Screenshot_2024-07-26_at_10.24.29_AM.png?t=1721982498) | All times are ET. |
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1. DeepMind's AlphaProof reaches silver-medal level on International Math Olympiad problems |
Its score on the IMO 2024 problems: |
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It still requires human help to convert the written problems into the formal language Lean. AlphaProof is a mix of a "pre-trained language model with the AlphaZero reinforcement learning algorithm." A step in the direction of AI actually solving unsolved problems, be it in mathematics (AlphaProof), physics (TBD), and biology (AlphaFold today solving protein folding, and future versions inventing new cures).
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2. SearchGPT launched by OpenAI in private beta |
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/93ac90b2-d864-4034-849a-079e0e4a4e77/searchgpt.png?t=1721979375) | Screenshot of a SearchGPT search for "music festivals in Boone North Carolina in August." |
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4. GDP +2.8% in Q2, ahead of 2.0% expected |
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GDP: 2.8% in Q2, vs. 2.0% expected, from 1.4% in Q1. GDP price index: 2.9%, vs. 2.6%, from 3.1%.
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Growth was led by consumer and business spending, and hurt by net exports |
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5. Elon to discuss $5B investment into xAI with Tesla's board |
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6. Vivo expands lead as #1 in smartphone sales in China in Q2, as Apple drops |
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7. Salaries, equity packages stabilize at startups: Carta data |
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Engineering and product continue to be highest paid roles |
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8. Web3 startup funding -18% YoY to $1.9B in Q2 |
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9. Interesting videos, posts, and memes |
![YouTube video by Bg2 Pod](https://i.ytimg.com/vi/o9e1SDPc6Pc/maxresdefault.jpg) | Ep13. Silicon Valley's Political 180, META AI, COVID Postmortem | BG2 w/ Bill Gurley & Brad Gerstner |
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![YouTube video by David Rubenstein](https://i.ytimg.com/vi/9L_go1YvgqI/maxresdefault.jpg) | The David Rubenstein Show: Jerome Powell |
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10. Other headlines |
AI |
AMD could be beneficiary of Llama 3.1 boom: Artificial Analysis. ChatGPT's voice capabilities to start rollout next week. Apple to adopt voluntary AI safeguards established by Biden admin. Gemini 1.5 Flash AI claims speed, but no benchmarks. Gen. AI startups raise $12.3B in H1.
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Tech |
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Open Source CEO: learn how to be a leader and outperform the competition, with this free newsletter.* Sidebar is a personal board of advisors for the next generation of leaders.* Mercury saves you and your finance team time and headaches.*
| *Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. |
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Tech & law |
Uber can keep classifying CA drivers as contractors: state's top court. EU may hit Meta with large fine over tying MarketPlace, Facebook. Anthropic does not support California's AI regulation bill. Russia slows YouTube speeds in latest attack on open internet.
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Biotech |
Semaglutide's use to lower heart risks gets EU backing. Oisín raises $15M Series A to advance LNV for frailty. Gut microbiota health linked to getting to 100. Kardashians finale see family getting TruDiagnostic test results.
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Business |
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Crypto |
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U.S. politics |
Harris says she pressured Netanyahu into accepting cease-fire. Obamas endorse Harris for president. Mexico's Sinaloa cartel sees 2 leaders arrested by FBI in TX.
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