Gm. I don’t really like listening to or watching podcasts, but even I had to tune in for Lex Fridman’s newest podcast with Zuck. It is the coolest tech I’ve seen in God knows how long. Seriously, do yourself a favor and check it out.
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🏠 TECH
Meta’s Hardware Heat
Meta’s been in the news lately for a bunch of software (read: AI) releases, but we’re spicing things up this week.
It’s Meta Connect Conference season, which means new hardware heat from the Zuckerbergs.
First up we have the Quest 3, the next edition in Meta’s VR headset line. This baby isn’t like the other Quest headsets:
It’s a mixed-reality headset, as its “passthrough” ability gives it the ability to see the world outside the heat. Want to play a VR piano on your dining room table? Go for it, king.
It uses the new Snapdragon XR2 chip from Qualcomm to deliver twice the graphic processing power.
It has a display that is 30% more powerful than the Quest 2.
It’s spatial audio is 40% better than the Quest 2.
It has a 110-degree field of view.
Moving on, we have the Ray-Ban Smart Glasses. Not only are these things actually drippy, it comes with extremely cool technology:
Speakers that work even in windy or noisy environments.
An ultra-wide 12 MP camera that can take high-quality 3024 by 4032p photos and 1080p videos for up to 60 seconds.
Up to 36 hours of use with the charging case.
More than 150 design combos possible when considering frame color, style, and lenses.
The Quest 3 retails for $499, and the smart glasses go for $299. And honestly, for how cool they look, I might have to cop some myself.
The Big Picture: We’ll have to see if people actually buy this stuff, but this looks like a dub for Meta.
A Banksy Got Everyday Investors 32% Returns?
Mm-hmm, sure. So, what’s the catch?
We know it may sound too good to be true. But thousands of investors are already smiling all the way to the bank, thanks to the fine-art investing platform Masterworks.
These results aren’t cherry-picking. This is the whole bushel. Masterworks has built a track record of 16 exits, including net returns of +10.4%, +27.3%, and +35.0%, even while financial markets plummeted.
But art? Really? Okay, skeptics, here are the numbers. Contemporary art prices:
outpaced the S&P 500 by 131% over the last 26 years
have the lowest correlation to equities of any asset class
remained stable through the dot-com bubble and ’08 crisis
Got your attention yet? Homescreen readers can skip the waitlist with this exclusive link.
See important disclosures at masterworks.com/cd
🤝 THE LATEST IN…
TECH
Epic Games just can’t let the Apple App Store lawsuit go.
Linda Yaccarino claims X will be profitable in 2024.
SpaceX inked their first Space Force deal.
Microsoft pitched Apple on Bing…to no avail.
AI
ChatGPT can now once again browse the internet.
Mistral dropped their first LLM.
Meta launched their AI studio for developers to build chatbots.
Snap’s Enterprise AI division lasted less than a year.
SCIENCE
Ozempic might cause intestinal blockage.
Japanese scientists are creating human eggs and sperm in the lab.
There’s a drug that makes mice feel like they're working out even though they’re not working out.
Sam Altman and Jony Ive are building a secret AI gadget.
CRYPTO
BlockFi is about to start repaying people.
Kraken is getting into the stock trading game.
Coinbase is rolling out perpetual futures trading for users outside the US.
The Winklevoss twins secretly pulled $280M out of Genesis before it collapsed.
🏃♀️ QUICKIES
Raise: Commercial space company Sierra Space raised $290M in Series B funding.
Stat: 830: How many jobs Epic Games just cut, around 16% of its workforce.
Rabbit hole: AI, Hardware, and Virtual Reality (Stratechery)
🛠️ FOUNDERS CORNER
The best resources we recently came across that will help you become a better founder, builder, or investor.
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🧐 App Store Spy finds you fresh insights about apps, niches, and keywords.
🔥 Stop overcomplicating your note taking system.
🎁 FINAL JEOPARDY!
This Final Jeopardy! question stumped every contestant. Can you get it right?
Category: Classical Music
Clue: When the opera "Lohengrin" premiered in 1850, this man, a future in-law of the composer, was the conductor.
💉 DOPAMINE HIT
What a business decision.
@natesteincomedy Love them both fr #taylorswift #taylornation #traviskelce #nfl #finance #investmentbanking #corporate #financetiktok
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FINAL JEOPARDY! ANSWER
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