Crypto crashes the RNC: Crypto leaders at the Republican convention will make their case to GOP power brokers. Politico

Rep. Wexton, confronting degenerative disease, finds her voice through AI WP

Politico: Business groups call on Biden to halt rulemaking in light of Chevron deference decision

Nvidia could reach $50tn market cap in a decade, says top tech investor: FT reports early Tesla and Amazon backer James Anderson sees chipmaker’s potential scale as ‘way higher than I’ve ever seen.’

Samsung’s ‘chip crisis’: AI ambitions hit by unprecedented worker unrest: FT reports the Korean tech giant risks losing disenchanted engineers to domestic rival SK Hynix.

AI can make you more creative—but it has limits: Although it can boost individuals’ creativity, it seems to homogenize and flatten our collective output. Rhiannon Williams

Universities don’t want AI research to leave them behind: Outspent by Big Tech, some academics are focusing on research that requires less computing power, even as they try to build more of it. WSJ

Why AI is so expensive: The push for bigger AI models, and more chips and data centers to support building them, is driving up costs for technology companies. Bloomberg

No, AI won’t use all the electricity: Utilities’ projections of booming energy demand have a habit of not coming true. Justin Fox

Bloomberg: Apple is top pick at Morgan Stanley as AI seen driving iPhone, iPad upgrades

+ Shares have risen 17% since Apple Intelligence reveal

+ Analyst expects 500m iPhones to be shipped over two years

Bloomberg: Amazon brings Rufus AI shopping assistant to all US customers

A study in Scarlett: After avenging herself on Disney and OpenAI, Scarlett Johansson stars in a summer rom-com revolving around the race to the moon. NYT

Enjoy the ride + plan accordingly.

-Marc