Good morning from Park Metropolis in Utah, the place we’re about to begin the ultimate day of Brainstorm Tech. You possibly can watch the livestream right here. I beloved talking with Interstellar Lab’s Barbara Belvisi and Huge CEO Max Haot about residing “off-planet”—watch our dialog right here—and I’ll share extra concerning the affect of AI in manufacturing from Honeywell and Caterpillar. Immediately, although, I wish to share the angle of founders and enterprise leaders on the affect of geopolitics on enterprise from a dialog led by my colleague Jeff John Roberts. Right here’s a style of what they needed to say:
Shoaib Makani, Founder and CEO of Motive: “We use contract manufacturers across Asia. These tariffs are not, paradoxically, high enough for us to nearshore. You’d have to get to 50%-plus for it to make sense for us to move our supply chains to North America. Even if we were at that threshold, we don’t have the manufacturing capacity to bring the vast majority of electronics here.”
Jennifer Ives, Vice President, Synthetic Intelligence, Partnership for Public Service: “We’re seen such a bringing together of industry and public sector leaders to figure out how to approach this. There really isn’t enough thoughtful conversation around regulation and guardrails … I hear, on one side, regulate, regulate and, on the other, deregulate. There is a happy medium.”
John W. Mitchell, President and CEO, World Electronics Affiliation: “Companies need consistency to make plans and move forward. They’re moving to other countries because they’ll give us a 10-year plan and they’ll follow it. We have a government in this country that changes every four years and they tend to undo everything that happened the previous four years. That’s not a very reliable environment in which to build.”
Ben Van Roo, Cofounder and CEO, Legion Intelligence: “The government isn’t thinking enough about digital agents. In the not-so-distant future, digital agents will be doing intelligence gathering, offensive-defensive cyber … Do we have 5,000 agents working on your behalf?”
Peter Wilczynski, Chief Product Officer, Maxar Intelligence (BEARD): “The more complicated the system is, the more the actual constraint is labor and really well-trained human capital. It’s not just robots printing out big physical objects … When you look at the cost of a satellite or complex system, it’s denominated in dollars but most of the cost is in labor hours.”
Landon Mossburg, CEO, Peak Power: “There’s a mentality that AI is the future and, as long as we win on that, we’re going to win. You look at Deep Seek and at how fast China is progressing. It seems quite easy to either steal parts of that technology or reengineer it yourself. On the flip side, how fast are we catching up on manufacturing polysilicon or solar panels or batteries or robots or drones? Who’s going to manufacture more drones? Is it going to be us? I doubt it.”
High information
Poland shoots down Russian drones
Russia has repeatedly violated Polish airspace in its drone assaults on Ukraine, Polish PM Donald Tusk stated. Poland quickly shut down its airspace to all plane, basically closing all its airports. Consultants say the violations could also be a Putin’s approach of intentionally testing NATO’s resolve to battle again towards Russian aggression. Additionally yesterday: President Trump requested the EU to impose 100% tariffs on Russia and India in hopes of pressuring Moscow on Ukraine.
Trump sad at Doha strike
The White Home criticised Israel for its missile strike on a gathering of Hamas officers in Doha, Qatar, yesterday. “Unilaterally bombing inside Qatar, a sovereign nation and close ally of the United States that is working very hard and bravely taking risks with us to broker peace, does not advance Israel or America’s goals,” the administration stated. Lengthy learn: The WSJ has an incredible story concerning the technique and techniques behind the strike.
Meta knew children had been taking a look at porn on its platforms, whistleblower says
“Meta cannot be trusted to tell the truth about the safety or use of its products,” former Meta worker Cayce Savage advised the Senate. She alleges that Meta shut down inner analysis displaying Meta knew children had been being uncovered to sexual content material in its VR environments.
Job quantity revisions reduce 911,000 from information
Revised job numbers launched on Thursday point out that, from March 2024 to March 2025, the U.S. added 911,00 much less jobs than reported. The revision casts an excellent greater shadow over an already struggling labor market and is a lift to President Donald Trump’s efforts to immediate the Fed to chop charges.
Apple holds “Awe Dropping” occasion
Apple held its “Awe Dropping” occasion on Tuesday, unveiling eight new merchandise as the corporate lags behind rivals by way of AI integration. Right here’s the following era of merchandise that Apple is main with, together with the brand new iPhone Air.
Epstein guide accommodates joke about Trump shopping for a girl
The guide of mementoes compiled by Jeffrey Epstein’s mates for his fiftieth birthday accommodates a photograph of a faux examine from Donald Trump to Epstein and a message beneath it explaining that it commemorates a time when Epstein “sells fully depreciated [name redacted] to Donald Trump for $22,500.” The girl dated each males, the NYT reported.
Elsewhere: A federal choose quickly blocked Trump from the firing of Fed Governor Lisa Prepare dinner whereas her lawsuit towards him proceeds … Novo Nordisk laid off 9,000 staff so as to enhance income … There may be stress inside Meta between the brand new workers employed with huge compensation packages for its AI unit and pre-existing workers who’re paid much less, the WSJ says.
The markets
S&P 500 futures had been up 0.23% this morning. The index closed up 0.27% in its final buying and selling session. STOXX Europe 600 was up 0.53% in early buying and selling. The U.Okay.’s FTSE 100 was up 0.22% in early buying and selling. Japan’s Nikkei 225 was up 0.87%. China’s CSI 300 was up 0.21%. The South Korea KOSPI was up 1.67%. India’s Nifty 50 was up 0.35% earlier than the top of the session. Bitcoin rose to $112.6K.
Across the watercooler
Tesla bull Dan Ives now chairs an organization hoarding a Sam Altman-linked cryptocurrency. He’s not the one large title to enter the treasury race by Ben Weiss
Individuals have the least confidence to find a brand new job since 2013, the depths of the ‘jobless recovery’ after the Nice Recession by Nick Lichtenberg
From borrowing her mother’s bank card to a $1.5 million web price, WNBA star Paige Bueckers wasn’t ready for ‘super fast’ NIL monetary leap by Sasha Rogelberg
Sam Altman says persons are beginning to speak like AI, making some human interactions ‘feel very fake’ by Sydney Lake
CEO Every day is compiled and edited by Joey Abrams and Jim Edwards.
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