Good Evening!

Happy Apple Week to all who observe 🍎

Here are the 7 things you missed today:

Days after warning that frontier AI is getting too dangerous, Anthropic made its most powerful model public. Fable 5 is the first publicly available Mythos-class model - a tier above Opus - scoring 80.3% on the SWE-Bench Pro coding benchmark and becoming the first model to clear 90% on Hex's analytical test. To ship it safely, Anthropic wraps it in classifiers that block high-risk queries (cybersecurity, biology, chemistry) and reroute them to Opus 4.8, a step it says fires in under 5% of sessions. (CNBC)

Apple spent its keynote playing catch-up. At a WWDC that doubled as Tim Cook's last before he hands the reins to John Ternus on September 1, Apple led with fixes before features and confirmed its long-promised Siri overhaul will run on Google's Gemini models, housed in a new standalone app. The upgrade anchors a broad Apple Intelligence push across Photos, Messages, and Shortcuts, with performance claims like photos loading 70% faster and AirDrop transfers 80% quicker. iOS 27 will reach every iPhone from the 11 onward, which Apple bills as its most widely available release ever. (TechCrunch)

The vibe-coding boom shows no signs of cooling. Europe's Lovable says it's surpassed $500 million in annualized revenue run rate, up from $400 million in February which is wild for a company that is not even three years old. Users are now spinning up one million new projects a week, more than 50 million to date, increasingly to build real businesses and internal tools like CRMs and inventory systems…customers building the software they used to buy. (TechCrunch)

Investors are getting jittery at the top. The S&P 500 and Nasdaq erased early gains on Tuesday as tech lost momentum, slipping 0.22% and 0.68% respectively by late morning, while the Dow held up with a 0.26% gain. The pullback follows Friday's AI-stock sell-off which was sparked by a disappointing Broadcom forecast that reignited valuation fears across chipmakers. Two catalysts now loom - May inflation data on Wednesday and SpaceX's expected Friday debut, where Elon Musk's company aims to raise $75 billion, the largest IPO ever. (Reuters)

Carmakers keep finding their next act in the AI buildout. GM unveiled its energy storage push on Tuesday, its biggest swing a partnership with startup Peak Energy to develop an entirely new sodium-ion battery chemistry for grid-scale use. This something no automaker outside China has attempted yet. The cheaper, overheat-resistant cells let Peak ditch cooling and fire-suppression systems, cutting upfront and maintenance costs, though GM's own cells won't hit trial production until 2028. GM hasn't said how much it's spending here, but it has committed $900 million to commercializing new battery chemistries. It follows Ford and Redwood Materials into the same race. (Bloomberg)

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