C_NCENTRATE
IN THIS ISSUE: Four-light traffic lights, Meta's fakery, net neutrality, new drug development, and is the world ready for the 'intention economy'?
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AI crafted sermons, as religious leaders explored its spiritual applications. YouTube CEO Neal Mohan defended $70 billion in creator payouts while integrating controversial AI tools. The GMCI memecoin index soared 320%, leaving broader crypto and AI markets in the dust. Alibaba partnered with an AI unicorn led by Kai-Fu Lee, strengthening China’s industrial AI ambitions. India unveiled draft digital protection rules, setting the stage for a tech governance overhaul. Swave Photonics raised $28.3 million to make holographic displays mainstream. Samsung and Google aimed to revolutionise spatial audio standards with their open-source project for 2025 devices. TikTok’s North American ad head resigned amid looming bans, signalling turbulence ahead. Dara Khosrowshahi exited Aurora’s board to focus on Uber challenges (aka Waymo). Generative AI startups raked in $56 billion in VC funding, a staggering 192% increase, highlighting Silicon Valley's obsession with AI dominance. Tim Cook’s $1 million donation to Trump’s inauguration raised eyebrows as Apple stayed out of the fray. And, Elon Musk sharpened his criticism of Wikipedia, joining a chorus of right-wing detractors targeting independent information sources. Oh, and Nick Clegg is out at Meta in favour of, you guessed it,a Trump-loving, right-winger.