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Top stories today:
- Google launches Gemini Mac app with screen sharing, image generation
- Allbirds, former shoe brand, pivots to AI compute after $39M sale
- Accel raises $5B to back more AI startups, boosting AUM to $36B
- Live Nation, Ticketmaster found to have illegally maintained monopoly
- S&P 500, Nasdaq 100 hit records as ceasefire hopes drive rally
- FDA to weigh easing limits on RFK Jr.-promoted peptides at July review
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 todayās newsletter (beware of hallucinations):
1. Google launches Gemini Mac app with screen sharing, image generation
The native Mac app offers a ādesktop-first experienceā with an Option + Space keyboard shortcut.
Googleās Gemini spark is also available in the menu bar.
Users can upload files, Drive, Photos, and NotebookLM via the āAdd files and toolsā button.
Appleās Liquid Glass design language is integrated into the app.
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Learn from real Slack customers, like Engine and Asymbl, as they share how Slackbot finds answers, analyzes documents, schedules meetings, creates content, and orchestrates specialized agents to execute complex workflows.
See contextual intelligence in action as Slackbot moves work forward by respecting your permissions and working with the tools you trust.
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3. Allbirds, former shoe brand, pivots to AI compute after $39M sale
Allbirds stock closed +582% Wed. on the news:
Allbirds plans to change its name to āNewBird AIā under the pivot.
The company plans to raise $50M via convertible notes from an unidentified institutional investor.
May 18: Allbirds will hold a shareholder vote.
Once valued at $4B+, Allbirdsā stock has fallen 99%+ since its 2021 Nasdaq IPO
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*Sponsored.
5. Accel raises $5B to back more AI startups, boosting AUM to $36B
