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Top stories today:
- Vision Pro production likely to launch in Feb.
- Anthropic in talks to raise $0.75B at $18.4B
- Waymo self-driving led to 78% fewer reported injuries
- Sony PS5 sales +65% YoY to 22.5B in 2023
- Global IPOs at $532B YTD in 2023
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).
All times are ET.
1. Vision Pro production likely to launch in Feb., production running at full speed for weeks
Timeline change possible with ālast-minute production hiccups or other snags,ā according to Bloomberg's Mark Gurman, who on Monday had estimated late Jan. to Feb.
Device requires custom fitting in-store.
Apple already plans a cheaper model said to be more comfortable.
2. Anthropic in talks to raise $0.75B at $18.4B, vs. reported $20B - $30B in prior convertible notes
Google invested $2B and Amazon up to $4B in Oct. and Sep. 2023, both using convertible notes.
Our view: it is likely rational that Anthropic is valued at 21% of OpenAI's market cap, although we believe that Google (Deepmind) has the greatest potential of overtaking OpenAI's lead, especially with Gemini 2 and its video output capabilities, which are likely to leverage Google's unrivaled YouTube database.
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