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🚨🇺🇸FORMER META EXECUTIVES RAISE $15M FOR AI ASSISTANT STARTUP YUTORI 2 former Meta AI leaders have raised $15 million for Yutori, a new San Francisco startup focused on autonomous AI assistants that can perform real-world tasks—like ordering food or planning travel—without user oversight. The round was led by Radical Ventures, with backing from Fei-Fei Li and DeepMind’s Jeff Dean, underscoring the startup’s heavyweight support. Yutori is targeting the post-training phase of model development to improve how AI agents reason and interact online—an area gaining traction as companies race to push AI beyond simple chatbots. With OpenAI and others leaning into AI agents, Yutori joins the frontlines of the next evolution in artificial intelligence. Source: Reuters

🇺🇸 JPMORGAN: TRUMP TARIFFS WILL PUSH U.S. INTO RECESSION THIS YEAR!? JPMorgan now expects the U.S. economy to contract this year, slashing its GDP forecast from +1.3% to -0.3% following Trump’s sweeping tariffs. Unemployment is projected to rise to 5.3%, with the Fed likely to cut rates at every meeting through January—even as inflation climbs. Welcome to stagflation, 2025 edition. Source: Bloomberg