Apple’s quiet AI acquisition 🍎

 

Apple is rumored to have acquired privacy-focused AI startup Silk Labs, according to a Tuesday report from The Information. While the move may seem like just another example of big tech snapping up the hottest AI startup, beneath the surface, it signals something deeper:

The competition among tech giants over AI isn’t just an arms race —it’s a battle of philosophies.

Credits: AngelList via Outlook

Silicon Valley wants you to live longer (or forever)

 

At $12.4 billion, San Diego biotech Samumed is one of the highest-valued healthcare startups in the country. It’s goal? Reverse aging.

Founded in 2008 by now-billionaire Osman Kibar, the company is focused on developing medicines that could (one day) do things like erase wrinkles or cure blindness. The key, Kibar thinks, lies in teaching our cells to regenerate—prompting progenitor stem cells back into action to help repair aging organs.

In August, Samumed raised $438 million in equity funding, a stunning investment for a company that, while promising, still has no approved drugs. To-date, it’s raised more than $650 million.

Credits: AngelList via Outlook

SoftBank is taking over tech đź’¸

 

In 1981, Masayoshi Son founded SoftBank Group, and by the peak of the dot-com bubble, his net worth was surging by billions a week. He’d become one of the earliest investors in Yahoo, bet $20 million on Alibaba, and invested in about 800 other startups at the time. Today, he’s still Japan’s richest man.

Credits: AngelList via Outlook