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Apple said to plan AI search tool for Siri to rival OpenAI, Perplexity

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Top stories today:

  1. Apple said to plan AI search tool for Siri to rival OpenAI, Perplexity
  2. Trump asks Supreme Court to uphold his global tariffs
  3. Xi, Putin, Kim caught on hot mic musing about living to 150
  4. Trump’s oldest sons’ American Bitcoin stake tops $1.5B in stock debut
  5. Elon xAI’s CFO steps down in latest high-profile departure

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.

1. Apple said to plan AI search tool for Siri to rival OpenAI, Perplexity

Representational image generated using ChatGPT.

  • Dubbed internally as World Knowledge Answers, the tool would eventually be integrated into the Safari browser and Spotlight.

  • Mar. 2026: the service could launch as an “answer engine” within a long-delayed Siri overhaul.

  • Google could power the underlying tech enabling the new Siri.

  • Anthropic was originally preferred but discarded after demanding $1.5B/year.

  • Apple seriously evaluated Perplexity’s technology over the summer but is reportedly no longer weighing a bid.

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3. Trump asks Supreme Court to uphold his global tariffs

Markets see a 57% chance the Supreme Court rules in favor of Trump’s tariffs:

  • Early Nov.: the appeal seeks a highly expedited schedule, with arguments then.

  • It follows a federal appeals court ruling that declared Trump’s move illegal.

  • The current U.S. average effective tariff rate of 16% would be cut by at least half if Trump loses the case.

  • The U.S. could also be forced to refund $10B’s, analysts believe.

  • The Supreme Court is expected to take up the case, though justices must still agree to do so.

  • Sep. 10: the Trump admin has asked the court to hear the appeal.

  • Trade deals would end if the tariffs are struck down, Trump suggested.

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  • Startup demos by Acuvity AI, Traversaal AI, CircleCI, and CodeAnt AI

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  • Networking with peers and the SF AI community

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5. Xi, Putin, Kim caught on hot mic musing about living to 150

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