Neuralink implants 1st human patient, says Elon

Brought to you by:

Top stories today:

  1. Neuralink implants 1st human patient, says Elon
  2. Amazon abandons iRobot purchase given "no path" to approval
  3. Vision Pro sells 200K units
  4. U.S. VCs have record $311B in unspent cash
  5. ChatGPT remains #1 most used chatbot

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.

2. Amazon abandons iRobot purchase given "no path" to regulatory approval

  • $1.7B: original value of deal.

  • $0.5B: current market cap.

  • iRobot to lay off 31% of employees, terminating 350 people.

  • iRobot stock -9%.

Our view: the current anti-M&A regulatory environment threatens startups and innovation

  • Having IPOs as the only exit option is too limiting for most startups, especially those with <$100M in revenue, for whom being independent may not make sense.

3. Vision Pro sells 200K units, with in-store pickups still available for Fri

Zoom announced its Vision Pro app, supporting Apple's Persona (digital representation) feature

Meanwhile, competitor Xreal just raised $60M at a $1B valuation

  • Xreal's Air 2 Ultra costs $700, vs $3,500 for the Vision Pro.

  • $300M raised in total, since 2017 inception.

  • 100K units sold over the past 3 months.

  • 350K units sold since 2017 inception.


5. U.S. VCs have record $311B in unspent cash

6. ChatGPT remains #1 most used chatbot, with Google's Bard growing but far behind

7. Code Llama 70B open-sourced by Meta, as Zuckerberg promises Llama 3

Code Llama still ranks behind GPT-4 (proprietary) and models derived from DeepSeek Coder and Magicoder (open source):

Read more: The Verge.

8. Interesting videos, posts, and memes

9. Other headlines


  • Meta's OK-Robot performs zero-shot pick-and-drop.

  • Nightshade, AI poisoning tool, gets 250K downloads in 5 days.



Tech & law

  • U.S. disabling China's botnets targeting critical infra: sources.

  • X lifts ban on Taylow Swift searches after explicit deepfakes spread.



  • Boeing 737 MAX 9 from Alaska left factory without critical bolts: sources.

  • NYT sees 8B puzzles played in 2023, helping bundle sales.

  • Saudi Aramco won't increase production from 12 to 13M barrels/day.

  • Masterworks: invest in world-class art, not stocks and bonds.*

  • Arrived: learn how to invest as little as $100 in fractional real estate, which has outperformed the S&P500 over the past 20 years.*



  • 25% of $2.6B stolen crypto in 2023 recovered.

  • Coinbase to charge 0.1% fee on USDC to USD conversions over $75M.

  • DOJ charges HyperFund leaders with $1.9B fraud scheme.

U.S. politics

  • Senators move forward with Ukraine, border deal amid criticism from GOP.

  • Biden super Pac plans record $250M ad purchase.


  • Iran asks U.S. for diplomacy after attack that killed 3 U.S. soldiers.

  • Pakistan's former PM gets 10-year jail term.

  • 9K Hamas soldiers dead out out ~35K army: IDF.

  • Hamas continues to fire rockets into Tel Aviv.

  • 190 UNRWA staff members part of Oct. 7 attack: Israeli intelligence.

  • Israeli defense minister tells U.S.: no settlements in Gaza.

Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below).

What did you think of today's newsletter?

Login or Subscribe to participate in polls.

Disclaimer: The Bay Area Times is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. You should do your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Bay Area Times team.

Please read our Terms of Service and our Privacy Policy before using Our Service.

Subscribe to keep reading

This content is free, but you must be subscribed to Bay Area Times to continue reading.

Already a subscriber?Sign In.Not now