Happy Tuesday.
TIL: Only four companies have ever hit a $4T market cap: NVIDIA, Alphabet, Microsoft, and Apple. And which are at $4T right now? Just two: NVIDIA, and most recently, Alphabet.
Enjoy today’s news.
Alphabet, Google’s parent company, hits a $4 trillion market cap.
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Meta launches Meta Compute, a new initiative to build its own AI infrastructure.
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Apple says developers have earned over $550 billion from the App Store since its launch in 2008.
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1X announces a self-learning “World Model” that lets its humanoid robots predict outcomes before taking action.
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The Pentagon plans to start using xAI’s Grok in defense systems later this month.
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ElevenLabs hits $330M in annual recurring revenue.
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Netflix leads the 83rd Golden Globes with seven wins, beating Apple TV, HBO Max, and Hulu.
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OpenAI acquires the healthcare startup Torch to add unified health insights to ChatGPT Health.
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Nvidia and pharmaceutical company Lilly launch a $1B AI lab to accelerate drug discovery.
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As promised, tech and startups in under a minute.
See you tomorrow.
P.S. Question: How much of Cowork did Claude Code write? Answer: ___ __ __ 😱
