We know that Open AI is targeting a roughly September IPO, but according to some reports

from Goldman Sachs and Morgan Stanley, they could be filing as soon as next week for this IPO.

In addition, Google AI mode has just hit one billion monthly users. Their usage has doubled

every quarter, which is insane. And Stability AI has just released stable audio 3.0.

It has six-minute-long song generation as a new capability, which is really impressive.

I love all of the competition in the music space as someone that has been putting music on Spotify for almost 10 years.

Iris Go has just raised $2.8 million in a seed round to build a proactive

AI desktop automation agent. That sounds like a lot of words, but it's actually a very useful

tool as we're getting more and more of these kind of like Claude Co-work and other computer

use things. I want to break down exactly what Iris Go is doing. In addition, more Google News. And to be fair, they just did Google I.O. Yesterday, so we have a ton of Google News that came out. But they are embedding AI-generated product descriptions inside of search ads. They're doing a ton of other stuff. So we'll have kind of a Google News roundup as well at the end. I wanted to kick this episode off with a bit of the job markets. We have some

reports that Intuit is cutting their global workforce by 17%. A lot of this is due to what they are

calling AI restructuring. 17% of their global workforce is about 3,000 people, and that's a bunch

of office closures in Reno, Nevada and Woodland Hills,

California.

Their CEO, who is Susan Goodarzi, told all of the staff that the strategic reset and

streamlined structure is going to help the TurboTax parent deliver better products.

What a lot of people are pointing out, and I have been saying for my last

two weeks of podcast episodes, because I seem to cover, you know, job closures every single day

almost, or layoffs. What people are kind of pointing out here is that Intuit actually just had a

stronger than expected third quarter earnings. They had 10% year-over-year growth, which lifted

their forecast for the

fiscal year. So financially, the company's actually doing really well. The reason why they're doing

...