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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

APPLE ANNOUNCES THE IPHONE 15 LAUNCH EVENT

Apple has sent out invitations for an event on September 12 at 1 PM ET. The company is expected to announce the iPhone 15 lineup and new Apple Watches at the event. The iPhone 15 and iPhone 15 Plus will likely feature the Dynamic Island and a USB-C port. The iPhone 15 Pro and iPhone 15 Pro Max are rumored to feature titanium frames, thinner bezels, big camera improvements, and a USB-C port. Apple will reportedly introduce the Apple Watch Series 9 smartwatches and a new version of the Apple Watch Ultra.

COREWEAVE IS BATTLING THE GIANTS OF SILICON VALLEY

CoreWeave, a New Jersey-based startup, has emerged as a major player in AI infrastructure, offering cloud services for powerful GPU-based computing crucial for AI. Originally dabbling in cryptocurrency, CoreWeave pivoted to AI and now competes with tech giants like Microsoft, Google, and Amazon. The company, valued at around $2 billion, recently secured significant funding and uses its Nvidia GPUs as leverage for financial growth.

COINBASE

A US federal court ruled yesterday that the SEC acted unfairly in denying Grayscale’s request to turn its Grayscale Bitcoin Trust product into an ETF. The long-awaited decision gave a big boost to prices across the board in the crypto market and even to crypto-related public equities like Coinbase. While the ruling was favorable, it still doesn't guarantee immediate ETF approvals. Not only does this help Grayscale’s case as it tries to launch an ETF, but it also likely increases the chances that the spot BTF applications from TradFi giants like Blackrock and Fidelity will go through as well.

FREQUENTLY

Virgin Galactic will conduct its next commercial space flight as early as September 8. Galactic 3 will carry three passengers who bought their tickets back in the early 2000s. If on schedule, it will be Virgin Galactic's fourth space flight in four months. This article features an interview with the company's Chief of Operations and president, Mike Moses, where he explains the long downtime after Sir Richard Branson's flight in 2021 and how Virgin Galactic reached a monthly flight cadence.

REPORTS OF THE PC'S DEATH ARE GREATLY EXAGGERATED, SAYS IDC

Analysts estimate that the PC market will return to growth in 2024. PC shipments are forecast to grow 3.7% year-on-year. 2023 will likely be the year with the greatest annual decline in consumer PC shipments ever. The introduction of AI and the uncertainty surrounding the future of remote work are likely causing people to delay purchases. Windows 10 is set to retire in 2025, which will likely trigger some sales.

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