Analysis: food delivery apps Deliveroo, Just Eat Takeaway, Delivery Hero, and DoorDash have racked up $20.3B in combined operating losses since they went public (Financial Times)

Goldman Sachs has launched a generative AI assistant for its employees, with 10,000 already utilizing it for tasks such as document summarization and data analysis. While the company claims the AI will enable staff to focus on higher-value work, reports suggest it may lead to decreased workforce needs, as evidenced by one banker noting that AI now handles 85% of client responses, preventing the hiring of 30 new staff. Need More Context? 🔎

Google has launched its AI mode, a Q&A-style search tool, in India, currently in an experimental phase accessible through Search Labs. Users can opt in to ask queries in English, although Google has not provided details on broader availability or features. Need More Context? 🔎

John Oliver Critiques AI-Generated ContentIn the latest episode of Last Week Tonight, John Oliver criticized the influx of "AI slop," referring to the overwhelming amount of AI-generated images and videos populating social media platforms like TikTok, Instagram, and Facebook. He highlighted the implications of this trend on content quality and authenticity. Need More Context? 🔎

The Yale Smart Lock with Matter launches on June 24th for $189.99, reflecting a $20 price increase due to tariffs. Designed for Google Home and compatible with various platforms, it offers features like a backlit keypad, 12 months of battery life, and remote control via the Google Home app, though it lacks integration with security systems at launch. Need More Context? 🔎

The Republican-led Federal Trade Commission (FTC) is set to approve Omnicom's $13.5 billion merger with Interpublic Group, contingent upon a ban on steering ad spending based on political viewpoints. This unusual provision addresses concerns raised by Congress and Elon Musk regarding past advertiser boycotts against platforms like X, ensuring advertisers can still request avoidances without Omnicom enforcing political bias. Need More Context? 🔎

Tesla has launched its robotaxi service in Austin, Texas, featuring 10 vehicles with a human safety driver amid scrutiny of its self-driving technology. While shares have risen 50% since April, the initial launch was low-key, limited to select social media influencers, as the company seeks to revitalize sales amid challenges and backlash against Elon Musk's activism. Need More Context? 🔎