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Apple said to be testing 3B, 7B, 33B, 150B AI models via Playground, but not for public release

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Top stories today:

  1. Apple said to be testing 3B, 7B, 33B, 150B AI models
  2. China accuses U.S. of violating trade deal, vows to respond
  3. Anthropic said to have hit $3B in annualized revenue
  4. Samsung said to near Perplexity deal, to preload assistant on devices
  5. IPOs backed by VCs in past year priced below private valuation

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. Apple said to be testing 3B, 7B, 33B, 150B AI models via Playground, but not for public release

  • The 150B model is reportedly far more powerful and capable of nuanced reasoning than Apple’s on-device tech.

    • Approaches the quality of recent ChatGPT rollouts.

    • Hallucination concerns and internal disagreements have delayed Apple’s use of the tech.

  • AI wouldn’t be the showstopper at WWDC 2025.

  • Apple reportedly hopes to emerge as an AI innovator at WWDC 2026.

    • Revamped Shortcuts app with AI for custom actions may debut in 2026.

    • An AI doctor service and a redesigned Health app are expected next year.

  • macOS 26 may be unveiled as macOS Tahoe at WWDC 2025.

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3. China accuses U.S. of violating trade deal, vows to respond

  • China’s commerce ministry rebuked Trump’s claim of Beijing breaching the Geneva consensus.

  • Unilaterally introducing new discriminatory restrictions, including new AI chip export guidelines, Beijing accused the U.S.

  • ā€œChina will continue to take resolute and forceful measures to safeguard its legitimate rights and interests,ā€ the ministry said.

  • The U.S. also violated the Jan. 17 consensus between Trump and Xi, China alleged.

4. Anthropic said to have hit $3B in annualized revenue

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