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  • šŸ•¶ļø Sam says AI’s a bubble... while cashing a $20B check

šŸ•¶ļø Sam says AI’s a bubble... while cashing a $20B check

Altman warns investors to chill — then asks SoftBank for billions.

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Sam Altman warns of an AI bubble, yet OpenAI chases $20B from SoftBank and a full for-profit pivot. Meanwhile, the U.S. eyes an equity stake in Intel’s $20B chip plant, Nvidia slows chips for China, and Google pays $30M over kids’ data. Despite the chaos, Meta, Spotify, and AI agents keep rolling out new features—innovation isn’t slowing down.

NEW Video! How FAKE music steals REAL money.

-šŸ•¶ļø

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Ten bullets of updates

  1. šŸ”’ Google settles for $30M over alleged data collection from kids under 13, potentially affecting 45M U.S. users.

  2. šŸ‡ŗšŸ‡ø The U.S. may take an equity stake to speed up Intel’s $20B Ohio chip factory and boost domestic manufacturing.

  3. šŸŒŽ Meta launches AI voice translation on Instagram & Facebook, supporting English-Spanish for creators with 1,000+ followers.

  4. šŸŽµ Spotify introduces custom playlist transitions, giving users more control over its 9B+ playlists globally.

  5. 🌱 Turning 13 million tons of sargassum into biogas, materials, and carbon credits could clean up Caribbean beaches and boost local economies.

  6. šŸ“ˆ Figure files for IPO, reporting $29M profit as it targets the growing blockchain-based lending market.

  7. šŸ¤– AI agents are reviving the Semantic Web by combining learned intuition with logical data structures.

  8. šŸ’° OpenAI courts Democratic allies to secure $20B from SoftBank and shift fully for-profit.

  9. ⚔ Nvidia plans a new AI chip for China, designed to be half as powerful as its B300 GPU, amid eased U.S. export rules.

  10. 🧠 Texas AG probes potential misuse of chatbots as mental health tools, citing child safety and privacy concerns in the tech world.

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Sam Altman says we're in an AI bubble — But OpenAI’s still cashing in

OpenAI CEO Sam Altman warns that we may be in an AI bubble, comparing today’s frenzy to the dot-com crash of the early 2000s. With investors ā€œoverexcitedā€ about artificial intelligence, U.S. AI startups raised $104.3B in the first half of 2025, nearly matching all startup funding in 2024. Altman calls current valuations ā€œinsaneā€ as companies secure hundreds of millions with little more than an idea.

Despite cautioning about overheated markets, OpenAI continues aggressive expansion — raising $40B at a $300B valuation and planning trillions in data center investments. Meanwhile, ChatGPT has surged to 700M weekly users, becoming the 5th most-visited website globally, and the company just launched GPT-5, its most efficient and powerful model yet.

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How FAKE music steals REAL money

AI-generated bands are already hitting millions of streams, and the business behind them is shockingly profitable. From stream farms to loopholes in Spotify’s royalty system, fake music is quickly becoming one of the most lucrative scams in the industry. In this video, we break down how streaming economics, click farms, and generative AI collided to create a perfect storm — and why the future of music might look more artificial than ever.

šŸ•¶ļø More videos here šŸ•¶ļø 

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Learn from this investor’s $100m mistake

In 2010, a Grammy-winning artist passed on investing $200K in an emerging real estate disruptor. That stake could be worth $100+ million today.

One year later, another real estate disruptor, Zillow, went public. This time, everyday investors had regrets, missing pre-IPO gains.

Now, a new real estate innovator, Pacaso – founded by a former Zillow exec – is disrupting a $1.3T market. And unlike the others, you can invest in Pacaso as a private company.

Pacaso’s co-ownership model has generated $1B+ in luxury home sales and service fees, earned $110M+ in gross profits to date, and received backing from the same VCs behind Uber, Venmo, and eBay. They even reserved the Nasdaq ticker PCSO.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

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Gen Z job retention amid AI fears

Gen Z is putting down roots at work, sidelining dreams of the ā€œGreat Resignationā€ while economic jitters and AI-fueled job anxiety have them clinging to a steady paycheck like it’s vintage Patagonia.

Resignation rates are way down as workers realize that swapping jobs mid-storm means playing career Russian roulette—especially as AI slices through white-collar org charts.

Founders and HR teams chasing talent will need sharper offers, stronger moats, and maybe a crash course in psychology. For workers, it’s a new era of hedging bets while the robots are busy rewriting the employee handbook.

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Startup Events and Deadlines

  1. TODAY! Crash Course on Startup Fundraising with Caya (Slidebean CEO) l Aug 20 l Online

  2. Slidebean’s Crash Course in Financial Modeling l Aug 21 l Online

  3. New York Venture Summit | 9, 10 Sept | NYC

  4. Techstars Foundercon 2025 | 15-17 Sept | USA, Colorado

  5. Antler Canada | Deadline: Sept 29 | Canada

  6. 500 Startups Flagship Accelerator l Deadline: Oct 11 l USA

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