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Top stories today:
- OpenAI said to be working on music-generating AI to rival Suno, Udio
- Appleās 2027 iPad Pro said to feature vapor chamber cooling
- Novartis to buy Avidity for $12B to boost neuromuscle pipeline
- Valthos debuts with OpenAI backing to counter AI bioweapon threats
- Tether expects 15% YoY profit growth to $15B this year
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 said to be working on music-generating AI to rival Suno, Udio
Representational image generated using ChatGPT.
Juilliard students are reportedly working with OpenAI to annotate music scores.
Theyāre providing training data for music-generating AI.
Generating music from text and audio prompts has also been privately discussed by OpenAI.
OpenAI may need to make deals with music labels to avoid copyright lawsuits.
The resulting product could help users add music to their videos.
Elon Musk is building the Tesla Smart Home.
Apple is doubling down with new Face-ID locks and smart displays.
The worldās biggest tech giants are battling for dominance in the $158B smart home market, growing 23% each year.
Big Tech is pouring billionsā the race is officially on.
Just like how Google acquired Nest for $3.2 Billion and Amazon snapped up Ring for $1.2 Billion, investors are hunting for the next smart home breakout.
As Tesla and Apple race ahead, one startup is riding the waveāleading a massive, overlooked category - smart shades. And RYSE is dominating it.
RYSE checks every box:
10 granted patents
Over $12M in revenue
200% annual growth
RYSE is not just another smart gadgetāitās a prime acquisition target in a category with billion-dollar potential.
At just $2.25/share, investors can still get in earlyābefore their next wave of growth.
The next Nest or Ring could be this.
Invest in RYSE now
*Sponsored by RYSE Inc. ($5,000 contracted). Prospective investors should review the offering materials for details, including all risk factors, before making an investment decision. Any investment involves significant risks, including the potential loss of the total investment. This advertisement is not an offer to sell or a solicitation of an offer to buy securities. This Reg A+ offering is made available through DealMaker. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. Please read the offering circular before investing in RYSE.
3. Appleās 2027 iPad Pro said to feature vapor chamber cooling
The iPhone 17 Pro debuted this year with a vapor chamber liquid-cooling system.
The iPad Pro can occasionally overheat, especially under heavy workloads like media editing or AI apps.
The new iPad Pro is expected to feature an M6 chip built on a 2nm process.
Separately, Apple Maps is rumored to introduce ads as early as next year.
4. Novartis to buy Avidity Biosciences for $12B to boost neuromuscle pipeline
