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Top stories today:
- OpenAI confirms event today at 1 PM ET, but “not GPT-5”
- Apple nears deal with OpenAI to put ChatGPT tech on iPhone
- Tariffs on Chinese EVs likely to 4x to 102.5%
- Google I/O keynote on Tue at 1 PM ET: AI focus continues
- Global EV sales +18% YoY in Q1
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. OpenAI confirms event today at 1 PM ET, but “not GPT-5, not a search engine”
Sam Altman had to manage market expectations:
1 day before Google’s I/O conference.
An updated GPT-4 with better voice capabilities and visual understanding is reportedly being shown to customers, and could be demoed today.
GPT-5 ETA: before year-end.
2. Apple nears deal with OpenAI to put ChatGPT tech on iPhone, including Siri revamp
Google talks still ongoing.
June 10: ETA for announcement, during the WWDC keynote.
Apple execs worry about AI agents and the iPhone becoming a “dumb brick” vs. other technology.
The new Siri should be “better at handling tasks that it already does.”
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4. Tariffs on Chinese EVs likely to 4x to 102.5%
