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Apple building “Apple GPT”, exploring how to integrate and commercialize it

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Top stories today:
1. Apple building “Apple GPT”, exploring how to integrate and commercialize it
2. Tesla's revenue was +47% YoY to $24.9B in Q2, operating margin drops
3. Google showing AI tool for journalists, Genesis, to NYT, WaPo, News Corp
4. Netflix's revenue only grew 3% to $8.2B in Q2
5. IRA climate law subsidized foreign companies more than U.S. ones
6. TSMC reports first profit drop in 4 years, profit margin still at 40.7%

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Apple building “Apple GPT”, exploring how to integrate and commercialize it

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