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Jon Keegan

Apple to open “Manufacturing Academy” with Michigan State University next month

Perhaps in response to pressure from President Trump to make its products in the US, Apple will open its “Apple Manufacturing Academy” in downtown Detroit next month.

The academy, which is set to open Aug. 19, is a partnership with Michigan State University that the company says will help American companies “innovate and grow.” Apple’s senior VP of operations, Sabih Khan, said in the press release:

“The Apple Manufacturing Academy will train businesses across America to implement smart manufacturing techniques that are creating opportunity and shaping the future of technology.”

The Trump administration has been jawboning Apple into making iPhones in the US, a quixotic proposal considering the deeply integrated supply chains in China that the company replies on, high labor costs, and a lack of mid-level engineers in the US. An American-made iPhone could cost up to $3,500, according to some estimates.

The new Apple program promises to do more than train American workers to use tiny screwdrivers. The academy will be working with small to medium-sized businesses and offer instruction on incorporating AI and “smart manufacturing techniques.”

“The Apple Manufacturing Academy will train businesses across America to implement smart manufacturing techniques that are creating opportunity and shaping the future of technology.”

The Trump administration has been jawboning Apple into making iPhones in the US, a quixotic proposal considering the deeply integrated supply chains in China that the company replies on, high labor costs, and a lack of mid-level engineers in the US. An American-made iPhone could cost up to $3,500, according to some estimates.

The new Apple program promises to do more than train American workers to use tiny screwdrivers. The academy will be working with small to medium-sized businesses and offer instruction on incorporating AI and “smart manufacturing techniques.”

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Amazon cuts another 16,000 roles after laying off 14,000 workers in October

Amazon announced Wednesday that its cutting 16,000 roles across the company, having laid off 14,000 workers only three months ago.

“As I shared in October, weve been working to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy,” Senior Vice President of People Experience and Technology Beth Galetti wrote in the press release. “While many teams finalized their organizational changes in October, other teams did not complete that work until now.”

CEO Andy Jassy previously said that the October layoffs were “about culture” rather than AI-related cost cutting. Galetti says layoffs, now totaling 30,000, won’t become a regular occurrence.

“Some of you might ask if this is the beginning of a new rhythm — where we announce broad reductions every few months. That’s not our plan.”

CEO Andy Jassy previously said that the October layoffs were “about culture” rather than AI-related cost cutting. Galetti says layoffs, now totaling 30,000, won’t become a regular occurrence.

“Some of you might ask if this is the beginning of a new rhythm — where we announce broad reductions every few months. That’s not our plan.”

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Anthropic reportedly doubles current fundraising round to $20 billion

Anthropic has doubled its current fundraising round to $20 billion on strong investor demand, according reporting from the Financial Times. The new fundraising round would value the company at a staggering $350 billion. That’s up 91% from September, when it raised at a valuation of $183 billion.

The company reportedly received interest totaling 5x to 6x its original $10 billion fundraising goal, and it’s expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack: OpenAI.

The company reportedly received interest totaling 5x to 6x its original $10 billion fundraising goal, and it’s expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack: OpenAI.

Produce At Whole Foods Market's Flagship Store

Amazon says it’s doubling down on opening Whole Foods stores. That sounds familiar.

The company says it’ll open 100 Whole Foods locations in the next few years. That sounds similar to plans Whole Foods’ CEO laid out in 2024 for opening 30 stores a year. Since then, it appears to have added 14, total.

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