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Top stories today:
- Apple said to debut Gemini-powered Siri in Feb.
- TikTok updates U.S. privacy policy to allow precise location tracking
- Recursive, led by Richard Socher, said to be in talks at $4B valuation
- Ledger said to tap bankers for $4B+ U.S. IPO as soon as 2026
- Synthesia raises $200M at $4B valuation for enterprise AI video
- Gold tops $5K/oz, up 1,500%+ this century as rally hits $5,111
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 debut Gemini-powered Siri in Feb., but “fully reimagined” chatbot in Jun.
The personalized Siri will reportedly be based on Gemini-backed Apple Foundation Models v10.
~1.2T parameters.
WWDC: the revamped Siri will debut in iOS 27 and iPadOS 27, arriving in beta this summer.
The new Siri will reportedly be conversational, context-aware, and able to sustain back-and-forth dialogue.
Will rely on Gemini-powered Apple Foundation Models v11, competitive with Gemini 3.
Google’s cloud infra and TPUs may run the new Siri.
H1 2026: new MacBook Pro, Air, and Mac Studio models are expected with spec bumps.
2026-end: a revamped MacBook Pro with OLED display and touch support is expected.
2. TikTok updates U.S. privacy policy to allow precise location tracking amid ownership shift
Representational image generated using ChatGPT.
TikTok has updated its location tracking to collect precise location data.
Tracking of AI interactions has also been added to the policy.
TikTok’s ad network has also expanded.
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4. Recursive, led by Richard Socher, said to be in talks at $4B valuation
