Apple is hiring 20,000 people for AI

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Happy FRY-nancial FRY-day! AI companies have been throwing money around left and right this week—let’s take a look. 👁️

*The content provided in this newsletter is for informational purposes only and does not constitute investment advice.*

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🤯 MYSTERY AI LINK 🤯

(The mystery link can lead to ANYTHING AI-related: tools, memes, articles, videos, and more…)

🔨 AI FINANCE TOOLS OF THE DAY

💸 DimeOS: Seamlessly track your spending. → Check it out

✅ YNAB: Create friendly, flexible financial plans. → Check it out

🏦 Mercury: Confident banking for startups. → Check it out

SALTY STORIES OF THE WEEK 🧂

Want some seasoning? Here are the saltiest AI stories in FRY-nance from this week:

• Apple announced plans to open a 250,000-square-foot factory in Houston, Texas, to manufacture AI servers for its AI-powered devices, including iPhones, iPads, and Macs. The facility, set to open in 2026, is part of a broader $500 billion investment over the next four years. In addition to the new factory, Apple plans to hire 20,000 employees across the country, focusing on AI, software development, and chip engineering. (Read More)

• Alibaba is pouring $52.4 billion into AI and cloud computing over the next three years, more than it spent on the sector in the past decade combined. (Read More)

• Rumors say Meta is considering building a massive data center campus for AI projects, with costs potentially exceeding $200 billion. Possible locations include Louisiana, Wyoming, and Texas, where company executives have visited potential sites. However, a Meta spokesperson denied the report, stating that the company’s data center plans have already been disclosed. (Read More)

THIS WEEK’S DIAMOND IN THE ROUGH 💎

I ordered a chicken and an egg from a food delivery service. I’ll let you know which comes first! 🐣

This week’s diamond in the rough: Serve Robotics (SERV)

How is Serve using AI? Serve Robotics is deploying autonomous robots to streamline food and package transportation. Through machine learning and advanced navigation, its fleet has successfully completed tens of thousands of deliveries in collaboration with Uber Eats and 7-Eleven.

Want the numbers? Serve is scaling up rapidly, with plans to roll out up to 2,000 robots for Uber Eats this year, reinforcing its position as a leader in delivery automation. Despite its steep valuation—trading at 306 times trailing sales—and a recent drop of over 40% in stock price over the past month, Serve believes it has long-term growth potential. As labor costs rise and demand for automated solutions grows, Serve believes it is well-positioned to benefit from industry-wide adoption of autonomous delivery systems. Many investors are remaining cautiously optimistic about the company. Serve’s market cap sits at $436 million, and its stock has shown extreme volatility, ranging from $1.77 to $37.00 over the past year.

HOW ARE THE MAGNIFICENT 7 DOING? 📈

FRY-NANCIAL TOOL OF THE WEEK 🔧

AI “excels” at spreadsheets. 😆

What is the tool? Tiller automatically tracks your financial life in one Google or Excel spreadsheet.

Main Features:

• Automated Financial Tracking: Connects your bank accounts to Google Sheets or Microsoft Excel, automatically importing daily transactions and balances.

• Foundation Template: Pre-built templates for budgeting, expense tracking, debt management, net worth calculation, and savings goals.

• AutoCat: Customizable automatic transaction categorization based on user-defined rules.

• Hello, Money Email: Daily email summaries of recent transactions and account balances.

• Customization: Ability to create custom categories, reports, and personalize spreadsheet aesthetics.

• Top-Rated Support: Access to a dedicated customer success team, active user community, and extensive help documentation.

• Savings Goal Tracker: Set and monitor savings goals, aligning them with specific accounts.

• Community Templates: Access to a variety of user-contributed templates for enhanced financial tracking and planning.

• Privacy and Data Ownership: Users retain full control over their data within their personal spreadsheets; Tiller does not sell data or display ads.

👉 Follow this demo to set up Tiller.

FRY-AI FANATIC OF THE WEEK 🍟

Congrats to our subscriber, decihex! 🎉

Decihex gave us a Fresh and Crispy review and wrote, “Great email, informative and fun to read. FryAI is the best email that I receive.”

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YESTERDAY’S POLL RESULTS 📊

Featured Comments:

“They should pay what any listener has to pay to access the music tracks.” (Well, it's complicated. 😬)

“Music is art and AI is NOT art.” (No - Under no circumstances! 👎)

HAS AI REACHED SINGULARITY? CHECK OUT THE FRY METER BELOW: