Disruptiv Newsletter: Meta AI 📱Apple 📉 Microsoft 💰and more

Welcome to the Disruptiv newsletter! You're about to get this week's top tech and innovation insight that we saw this week. Enjoy! [disruptivflow-header] Hello FlowBankers Welcome to the Disruptiv newsletter! A weekly aggregate of relevant tech-focused quick takes. Saturday 13th April, 2024 [Start trading](113/cXx8Z04/VVQD821VWwCZW7cLQnh1_1RGSW2sbCLr5d5G0HN3Gk37W2-ZVTW6N1vHY6lZ3lgW2jS1Jq6Fj-ptV_Xrz44kJmTpV9Q1jJ32gvpPVkpVty7klW6CN8ypBDgCZkm8W1q9hTx8PYV8JW5H9S3F2m1JWXW16Wxc692ywx1W5-xMtl4FKKsGW3lGq6t9gC4WcVzhb4N9f4NbKW1vXCpw51qbfjW759lrk4q_1WDW4rps_k4-_fDsN41Zf0P51snSW6F7V4570y5tzW465vWV8PvQrzN5Z4Rxczs4DGW7dfBm742m250W3WkC2G5lx_RXW78kLnq7mxzytW5Lp-Cw5Dq_FTf1NG8Hj04) FlowBank tech articles 📚 What is an IPO? [shutterstock_20420359_IPO Cover.jpg](113/cXx8Z04/VVQD821VWwCZW7cLQnh1_1RGSW2sbCLr5d5G0HN3Gk37j2-ZVTW5BW0B06lZ3q4VGcg6F3qLfStW8zwpVK57B3lnW6K9M865wdBCbVYN4tP9fQpSVVcD11b3LsrGdW4XHGcK5mD7SsW3ynwZz7T_1WWW58qz9H6Jt6GfN2DdXrGdC8hKVJ2mzk3-NGxLW1ZNZKL3Lmn0nW39_yvL1tDyQvW3jX34Z5pGBM4W2BlRq51z3LCrW60Lzfk29b2p9W7KVfCr4jQtDCW3nPN0s16vy9PW4VjVD73JcJpzf254smT04) Feeling left out of the loop of the IPO buzz? The jargon, the hype, and the complexity can be overwhelming but you can fix that right now. Gain complete clarity with our guide to what is, it breaks why companies choose to go public and list on a stock exchange, the pros and cons of doing so and lists famous past IPOs and potential future listings. [Read me](113/cXx8Z04/VVQD821VWwCZW7cLQnh1_1RGSW2sbCLr5d5G0HN3Gk37C2-ZVTW69sMD-6lZ3mrN7cQ8pn4rHrBW2HrDn83wzYDcW1wcr9Y6KzyTCW775ZM67G7xv0W5ZGWL73NRpMJW7TpWTg2bYvHWW7lx3s31XLKVzW7tVzSy5Rs1QTN7k83sRk0fKsW5zLXXB3jd3rRW3tYsdL3T3ct5N5MrGkRqNPvNN51RRKd4W-yhW4RFMlk4q5TMCW7srxDh8Xr2_SW49_q7m6lqgZxW3Mmchq1TRwLGW7JG-FM6-v38NW71vh4c1h-TDhW3NsSCM4Xj_-8f8-x-3T04) Big Technology 🍎 - Microsoft has committed $1.5 billion to invest in G42, an AI firm based in the United Arab Emirates. This strategic investment aims to enhance Microsoft's technological prowess in AI amidst increasing global competition. The deal also sees Microsoft President Brad Smith joining G42’s board and involves government oversight due to G42's alleged connections to China. - Apple CEO Tim Cook is exploring potential manufacturing opportunities in Indonesia, following a discussion with Indonesian President Joko Widodo. This move is part of Apple's broader strategy to diversify its manufacturing locations away from China, with Vietnam and India also emerging as significant production hubs. - Meta has launched a new AI assistant, Meta AI, integrated across its platforms including WhatsApp, Instagram, Facebook, and Messenger. Built on Meta's latest large language model, Meta Llama 3, the assistant offers functionalities like answering questions, creating animations, and generating images. This initiative marks Meta's substantial push into AI technology, positioning it as a competitor to other major AI offerings. VC + Startups 🎯 - Pathios Therapeutics, a biotech company focused on the development of first-in-class therapies for cancer, today announced that the company has raised €23.4 million in the first close of a Series B financing. The financing consists of a new strategic investment from Bristol Myers Squibb, as well as support from existing investors including Canaan and Brandon Capital. - - FilmChain, co-founded by Maria Tanjala and Irina Albita, has secured a €2.8 million investment. This financial milestone was achieved through a round led by the Holt IntersXion fund, with support from Roca X, DeBa Ventures, TechAngels Romania, and returning investor HearstLab. - AmphiStar, a Ghent-based biotech startup offering locally produced microbial biosurfactants to companies seeking to develop sustainable, performant, and affordable products with surfactants as important performance ingredients, announced the conclusion of a €6 million in a funding round. Crypto 👾 - According to JP Morgan analysts, the upcoming Bitcoin halving event has already been priced in and is unlikely to result in significant price increases. The analysts also noted that a lack of venture capital funding in the crypto space may contribute to a lower BTC value. However, larger publicly-listed Bitcoin miners are well positioned to adapt to the changes and take advantage of the new environment. - Binance, a major crypto exchange, has converted its Secure Asset Fund (SAFU) to USDC, the second largest stablecoin. The fund, which serves as an emergency insurance reserve for Binance users, previously held BTC and BNB but has now been converted to USDC to enhance reliability and stability. Approximately $1 billion of BTC and over $740 million of BNB were moved to Binance hot wallet addresses, leaving $1 billion in the SAFU Ethereum address. Law and regulation 🕵️ - A new study by Mozilla and CheckFirst criticizes major tech platforms like Alphabet, Apple, Microsoft, and Meta for their inadequate ad transparency tools ahead of the 2024 elections, highlighting significant gaps and a general lack of readiness to tackle election-related misinformation. Despite EU mandates for robust ad libraries to help combat disinformation, the research found that all tested platforms failed to meet essential standards, raising concerns as global elections approach. - Hong Kong has conditionally approved spot Bitcoin and Ethereum ETFs, with OSL serving as a sub-custodian partner for these ETFs. OSL's CEO believes that this approval could lead to more progressive regulation in China and influence other financial markets in Asia. Disruptiv Figure 📊 Stubborn Inflation Spurs "No Landing" Scenario Concerns Persistent high inflation, coupled with strong economic growth, is fueling concerns about a "no landing" scenario, where inflation remains high despite central bank efforts to control it. According to a Bank of America survey, the likelihood of this scenario has increased significantly, with 36% of global fund managers now expecting a "no landing" outcome over the next 12 months, up from just 7% in January. This shift reflects stronger economic performance which has diminished fears of a recession but lowered expectations for central bank rate cuts. Source: Statista [32121] [INSTAGRAM](113/cXx8Z04/VVQD821VWwCZW7cLQnh1_1RGSW2sbCLr5d5G0HN3Gk37j2-ZVTW5BW0B06lZ3mcW13f6GT1FdNbjW4xV35B681fnxW17vKSK5vmQPHW8qxJrz6nsDMLW6jyb4k6xHZFfW4lvkz41JRJY6W6fR-zH35bTVYW7-G-cL4nCpqWW3GwMTH6V53qGVWzdVj5WQclgW3HmVzT4Bk1pXW4VJ6_s3gpM-JW5h1dTN1gMr-QW7h6yqR42lz3VW40tfSH5t9NKyW8j8ql626NY_FW81K0lb6t6C3XW3YTHkt46NJMFf2gz-_l04)Highlights Click [here](113/cXx8Z04/VVQD821VWwCZW7cLQnh1_1RGSW2sbCLr5d5G0HN3Gk37j2-ZVTW5BW0B06lZ3pkW5sNfCr8TxzFdW6sVSsR5s4Z4gW6Yjb6J50fjBPVHNJ5X7x73D2W1KwhSP4gGQjvW8J05HQ3dj1BPW4L0c_54h5BZ5W81KTpJ39HwwdW7wMt5W8jqdbfW8T5xfC83tNSRVP909y1qvJwpW9gxHY82Jj5whW7QMh3M7CT2-qVVswnD42Ds0dW3sLQt45XMXJxW7xRN2K2W0lXLW4pDl9v6zYstnW1_WLmQ6HBpQyf4yzkyz04)to see our page. [ambass] Don't forget to... 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