Equity Monday: Here’s hoping genAI can make Siri better

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 23 October 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Here’s what we got into today: Stocks are down around the world, while the value of crypto tokens is heading higher. Crypto trading volume is also trending north. It’s a huge week for earnings with names like Microsoft, Alphabet, Spotify, Snap, Meta, IBM, Amazon and Mobileye reporting, among others. Apple is spending big on generative AI, and TechCrunch has notes on just where the company intends to bring the tech. ZenML is proof that startups are not dropping the ball when it comes to generative AI more generally. Foxconn is under investigation, which is notable for its timing. And venture capital raised by Black American founders has fallen sharply in recent quarters. And that’s that! We have a cracking episode coming on Wednesday, so stay tuned! For episode transcripts and more, head to Equity’s Simplecast website.Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome back to Equity, the Tech Ranch Podcast where we unpack the numbers and the nuance behind the headlines.
0:19.0	This is Alex Good Morning, happy Monday and welcome to our kickoff show where we take a look back at the weekend and a look at the week that is to come.
0:26.1	Today is October 23rd, 2003 which means it is Spokey season here on the podcast.
0:31.6	No, no pumpkins, no candies, no treats, but we do have a lot of upcoming earnings data and that could prove scary.
0:37.0	Anyways, on the show today we have stocks and crypto, a massive deluge of upcoming earnings data,
0:42.7	Apple's AI push, a cool startup called ZenML,
0:46.2	what's going on with FoxCon,
0:47.6	and just a little bit more Q3 venture capital data
0:50.6	to start your week.
0:51.6	All right, to work.
0:52.6	Let's start with a look at the stock market and that means spinning the globe and taking
0:59.5	a look at Asia where shares are lower today, especially so in China,
1:03.6	CNBC reports that the Chinese CSI 300 index off 1%
1:08.0	recently is now at its lowest reading
1:10.2	since February of 2019. But the gloom is not restricted just to Asia.
1:15.0	Shares are also mostly lower today in Europe,
1:17.5	and they are set to fall at the open here in the United States.
1:21.5	Now, that's what's going on this morning but this week is going to
1:24.7	bring an absolute deluge of numbers and that means we have to talk about earnings.
1:28.8	There are a lot of big names that are going to drop data and also companies in sectors that are important to
1:33.9	tech that we also have to pay attention to.
1:36.4	So who's dropping numbers?
	...

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