The Biz Model Club Newsletter

Hello, Biz Enthusiasts!
Today’s edition dives into a slew of game-changers: Google’s AI is now coding its own software, while Zoom and Microsoft are setting the stage for a new era of virtual “employees.” We’ve got updates on celeb side hustles, the Dow Jones shake-up, and a fresh twist in the wine industry’s supply challenge (cheers to that!). And if you’re curious about AI avatars, friend-approved dating, or Elon Musk’s latest funding push for xAI, read on for today’s top hits!

Quick Takes

1. Google Taps AI to Code Over 25% of Its Software
AI is coding away at Google, with more than a quarter of all new code now crafted by algorithms and reviewed by humans – an efficiency boost the company is happy to lean on. More details.

2. Google Maps Will Keep You in the Right Lane
Starting next month, Google Maps will highlight the correct lane for upcoming turns, making those tricky urban drives a little easier. Check it out.

3. NVIDIA and Sherwin-Williams Join the Dow
Intel and Dow Inc. are out, NVIDIA and Sherwin-Williams are in. This shift in the Dow Jones marks a stronger focus on semiconductors and materials. Read on.

4. Too Much Wine, Not Enough Drinkers
Global wine consumption is down, leaving vineyards grappling with an oversupply. Translation? More wine for those who still enjoy a glass! Learn more.

5. Facial Recognition to Flag ‘Suspicious Friendliness’
Corsight AI’s new facial recognition system can detect “sweethearting” in stores, aiming to cut down on unauthorized discounts given to familiar faces. Full story.

6. Apple to Acquire Popular Image Editing App Pixelmator
Apple is set to buy Pixelmator, promising no immediate changes but hinting at big updates ahead. Stay tuned, creatives! Details here.

7. Cheers: The New Dating App for Friend-Approved Matches
New dating app Cheers lets your friends play matchmaker, with a unique invite-only model targeting New York’s South Asian community. Get the scoop.

8. Celeb Side Hustles Featured on Veeps’ New Series
Veeps’ Side Hustles series kicks off Nov. 8, with Cameron Diaz and Tamera Mowry-Housley sharing the secrets behind their brands. Read more.

9. Dropbox to Lay Off 20% of Workforce
Citing a complex organizational structure, Dropbox will cut 528 jobs to streamline operations amid a challenging market. More here.

10. Musk’s xAI Aims for $40B Valuation in New Funding Round
Elon Musk’s AI venture xAI is in talks to raise funding at a potential $40 billion valuation, fueling the race for advanced AI tech. Details.

11. Zoom to Let AI Avatars Speak for You
Zoom’s upcoming AI avatars could attend meetings for you, delivering pre-recorded messages in your digital likeness. Check it out.

12. Microsoft to Let Companies Build AI ‘Virtual Employees’
Microsoft’s Copilot Studio lets firms create custom AI agents to handle routine tasks, freeing up humans for more strategic work. Full story.

That's a wrap! Stay tuned for more insights and updates as we track these changes together in the weeks ahead!

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