(Michael Nagle/Getty Images) |
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If the stars in “KPop Demon Hunters” have six fingers in the sequel, this might be why: according to several public job listings, streaming giant Netflix seems to be building a GenAI animation studio called INKubator. First reported by journalist Janko Roettgers in the Lowpass newsletter, INKubator appears focused on AI-generated short-form animation, but listings imply ambitions toward longer-form content.
🧠 Trivia time… Test yourself on recent Snacks stories with our quiz:
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- Which dead actor will appear via AI in an upcoming historical drama?
Check your answer.
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The S&P 500 and Nasdaq 100 closed at record highs for the second day in a row on Thursday, powered by gains in tech. The Russell 2000 also gained.
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The recent rally in memory stocks has reshaped where liquidity is deepest on Wall Street, with Micron having taken the place of Nvidia as the most traded stock, while Sandisk, despite being a fraction of the size, isn’t far behind.
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*Robinhood Markets, Inc. is the parent company of Sherwood Media, an independently operated media company.
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If you had any doubt whether traders are hungering for more AI trades to bite into, yesterday’s IPO of Cerebras is your answer.
Cerebras Systems increased the expected price (and size) of its long-awaited initial public offering from a range of $115 to $125 at the start of the week all the way to $185, raising $5.5 billion.
But it opened at a whopping $350 in its Nasdaq debut, giving the company a market cap of at least $75 billion — and more than that on a fully diluted basis.
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- “Pretty good day, huh?” CEO Andrew Feldman said in an interview on Bloomberg TV, after being told the stock was indicated to open at $350.
- The IPO was more than 25x oversubscribed, per Feldman. With investor appetite like this, it’s little wonder that SpaceX, OpenAI, and Anthropic are champing at the bit to join Cerebras in making this leap.
- Cerebras, an AI chip designer, counts OpenAI and Amazon among its customers. Its offerings aim to provide more of a one-stop shop for AI compute rather than a highly specialized key ingredient in the data center stew. That is, its wafers are physically much larger than GPUs, which can unlock more efficiencies in moving around information.
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“There’s just an extraordinary demand right now for fast inference,” Feldman said. “We’re the fastest, not by a little bit, but by more than an order of magnitude — we’re 15x faster than the next nearest competitor.”
And as CEO of this newly public company, which closed its first day of trading at ~$312, Feldman himself is about $3 billion richer, thanks to his roughly 5% stake.
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Surf Air Mobility just laid out how it is selling its AI-enabled software across private and regional aviation. |
Surf Air Mobility (NYSE: SRFM) just detailed its commercial launch plan for SurfOS, the AI-enabled operating system powered by Palantir. The go-to-market has three layers.
BrokerOS is already live. It gives independent charter brokers a full platform with real-time aircraft access, safety tools, and 24/7 support. The target: 100 brokers onboarded by year-end.
OperatorOS launches in the second half of 2026. It handles scheduling, reporting, and distribution for small and mid-sized airlines. There are already 17 letters of intent and software agreements in the pipeline.
Then there’s enterprise. Palantir’s own engineers help drive sales conversations, and Surf Air Mobility is targeting its first multi-year, multi-million-dollar contracts this year.
Learn more about Surf Air Mobility.
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- Included in the report’s references are citations to a broad range of articles and reports that appear not to exist. One link to a WIRED story, titled “AI Voice Deepfakes Targeting Call Centers,” returns a 404 error. A second, to a story purportedly titled “AI Security Gaps,” also leads nowhere. A link to a CyberNews report does the same.
- In all, GPTZero’s investigation alleges that 60% of the references in EY’s report are hallucinated.
- EY isn’t the only organization to face this kind of issue. GPTZero has previously reported on issues, including 19 hallucinations, in a report published by Deloitte, an EY competitor.
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“There is the technical reason why this is happening, and the societal reason why this is happening,” said Sandra Wachter, professor of technology and regulation at the Oxford Internet Institute at the University of Oxford. The technical reason is perhaps the simpler one: AI remains unintelligent.
Yet people don’t think so when they use it, which leads to the societal reason for the embarrassing snafu. “It’s just not built for truth, and it’s very convincing, and so very persuasive, and also designed to be persuasive,” Wachter said. She has a name for it, too.
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What was the best day of your life? While you think of it, we know what X user @cprkrn would say: Wednesday, when Anthropic’s Claude Opus 4.7 helped him finally access 5 bitcoin after being “locked out 11+ years because I got stoned and changed the password.”
How it worked
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Advertiser's disclosures:
Stock markets are volatile and can fluctuate significantly in response to company, industry, political, regulatory, market, or economic developments. Investing in stock involves risks, including the loss of principal. Before investing, carefully assess whether a particular stock aligns with your investment objectives, risk tolerance, and financial situation.
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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more
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