Morning News: AI Models, Apple's Smart Glasses, U.S. House Budget Bill, and Economic Updates

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Anthropic has released two new AI models, Claude Opus 4 and Claude Sonnet 4, which set new benchmarks in coding and reasoning capabilities. Apple is reportedly planning to release smart glasses with cameras, microphones, and speakers at the end of 2026. The U.S. House of Representatives passed a budget bill that includes a 10-year ban on states enforcing AI laws. In other tech news, Tinder's CEO stepped down, Disney is suing YouTube, the FTC won't block Microsoft's acquisition of Activision Blizzard, and Pocket will shut down on July 8. OnlyFans may be sold or go public, and the U.S. has charged 16 people for the Danabot malware operation.Moving on to economic news, the negative reaction of U.S. debt investors towards Trump's "big beautiful bill" is causing concerns about the national debt. Moody's downgrading of U.S. debt, potential impacts on American exceptionalism, and worries about the mortgage market are also highlighted. Trump's controversial actions towards universities and international students could have long-lasting effects on U.S. innovation. Additionally, news about Trump's crypto dinner, U.S. banks exploring stablecoin, a McKinsey partner's imprisonment, a Supreme Court decision protecting the Federal Reserve, and Urban Outfitters warning about tariffs were discussed.Last week saw Stratechery covering various topics like AI and the future of the web, Google's innovations at Google I/O, and OpenAI entering the hardware business. Ben Thompson discussed how AI could potentially change the web's business model, while Andrew Sharp analyzed Google's new features and AI advancements. OpenAI made headlines by acquiring Jony Ive's hardware startup, prompting discussions on Apple's AI challenges. The newsletter also featured interviews with Nvidia CEO Jensen Huang, discussions on the agentic web, and updates on various tech-related topics. Subscribers can access exclusive content and manage their subscriptions through the newsletter.

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