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Top stories today:
- Apple said to explore Face ID-backed doorbell to rival Amazon’s Ring
- OpenAI announces o3, o3-mini as new AI reasoning models
- Biden signs slimmed-down spending plan to avert shutdown
- Musk’s Trump trade helps Tesla with $572B market cap addition
- Southeast Asia’s AI funding hit $1.7B in 2024, far behind global rivals
- Trump names Sriram Krishnan as White House’s senior AI policy advisor
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 the few hallucinations):
ERRATUM: The prior all-time high of Sony’s stock was in 2000, in 2020.
1. Apple said to explore Face ID-backed smart doorbell to rival Amazon’s Ring
Could automatically unlock the door upon recognizing residents’ face.
A deadbolt lock could be connected wirelessly with the doorbell.
Not likely to launch before 2025-end.
Amazon’s Ring and Google’s Next have been the two key tech players in this space.
Temperature sensing and physiological tracking are also rumored.
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3. OpenAI announces o3, o3-mini as new AI reasoning models
o3 has outpaced o1, released this month after a Sep. 12 preview, on benchmarks based on OpenAI’s data:
