GIBBI, Today
In this newsletter I write the 5 most important news that I read in the day about businesses, media and sports in México and in the World.
Stories:
A Letter from Sam & Jony
Tour de France: $150 Million Business
Perplexity Launched an AI Web Browser
FIFA Club World Cup 2025: Semifinals - Scores
Apple Looks To Bid on Becoming US Home for F1
A Letter from Sam & Jony (OpenAI)
The io Products, Inc. team has officially merged with OpenAI. Jony Ive and LoveFrom remain independent and have assumed deep design and creative responsibilities across OpenAI
Two years ago, Jony Ive and the creative collective LoveFrom, quietly began collaborating with Sam Altman and the team at OpenAI
The new team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco
GIBBI View: Remember that OpenAI bought Jony Ive’s company, oi, for $6.5 billion (overpaid) 2 months ago, where oi wants to create the next smarthphone but without a phone nor screen, something difficult to create and sell
Tour de France: $150 Million Business (Huddle Up)
The rivalry between Tadej Pogačar and Jonas Vingegaard will draw in casual viewers, but beneath the pageantry lies a thriving business that generates more than $150 million in revenue each year from media rights, sponsorships, and host fees
Television and digital broadcast rights are the single biggest revenue source for the Tour, accounting for roughly 50-55% of its income. The event produces thousands of hours of coverage each year, with France’s public TV network reportedly paying $25 million annually
With ASO maximizing the tour’s economics through TV rights and sponsorships, host city fees have become a smaller part of the equation — maybe 5-10% of the total. Hosting the Grand Depart (the start) still costs more than $10 million each year, while individual stages cost a few hundred thousand dollars each
GIBBI View: Interesting article about the financial numbers of Tour de France, I think that ASO could create new ways to increase its revenues because I think that Tour of France could generate more than $500 million in revenues each year
Perplexity Launched an AI Web Browser (The Verge)
Perplexity, the startup behind the AI “answer” engine, has just launched its own web browser. The browser, called Comet, incorporates Perplexity’s AI search tools and assistant in a way that CEO Aravind Srinivas says “transforms entire browsing sessions into single, seamless interactions”
Comet will only be available to users who subscribe to the $200 per month Perplexity Max plan before rolling out more widely on an invite-only basis. The browser uses Perplexity as its primary search engine, which serves up AI-generated responses to queries based on results from around the web
The new AI-powered browser comes as Perplexity continues to challenge Google’s dominance in search. Perplexity partnered with Motorola to pre-install its assistant on its new Razr phones this year
GIBBI View: I think that now that AI startups are launching their own web browsers and with the lawsuits against Google, Google will loss its dominance in web browser and in other fields, so Google will have to improve Google Chrome and other subsidiaries to avoid loss revenues and maybe to “disappear”
FIFA Club World Cup 2025: Semifinals - Scores (GIBBI’s Editorial Staff)
Tuesday:
Wednesday:
GIBBI View: Chelsea and PSG qualified to Final, where the Final will be played this sunday in the same stadium that were played the semifinals series (MetLife Stadium); both teams had easy games where they didn’t have to win the games, where PSG humiliated Real Madrid and is the favorite to win this tournament because PSG won Champions League 2024-2025 Title, and Chelsea don’t have enough team to defeat PSG in this Final
Apple Looks To Bid on Becoming US Home for F1 (Tech Crunch)
Formula 1 could have a new U.S. streaming service home soon. Apple is in talks to purchase the rights as it looks to further invest in live sports, the Financial Times reports
Apple already has deals for Major League Baseball and Major League Soccer. ESPN’s F1 contract ends next year. But Apple will be up against ESPN, as well as likely other bidders
This latest news comes as Apple enjoys its first blockbuster in-theaters hit with its new F1 movie, produced by F1 star Lewis Hamilton. F1-related entertainment overall is having a moment
GIBBI View: Now that Apple is so far in the AI races because Apple can’t compete against the BIG AI Startups, Apple is creating its own Sport Media Empire and it looks that it can compete and defeat BIG companies like ESPN, Fox Sports, etc; so let’s see if Apple can buy F1 or ESPN will improve the Apple’s offer