🤳 The Barbie dumbphone

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It’s Saturday, August 31 — here’s what you’ll find in today’s newsletter:

  • Apple’s potential investment in OpenAI

  • Mattel’s and Nokia’s new Barbie flip phone

  • 4 quick hits of news from the last 24 hours

Apple’s OpenAI investment plans

The WSJ says Apple is planning to invest in OpenAI, the company behind ChatGPT. The WSJ says this move could push the value of OpenAI above $100 billion.

Pymnts says it's bad news for Google: Apple's OpenAI investment could challenge Google's search dominance.

TechRadar offered a different takeaway: The investment could deepen the Apple-OpenAI partnership.

Either way, Inc.com thinks Apple's investment in OpenAI is a smart move. It keeps competitors close and boosts AI innovation.

The Barbie dumbphone

The Barbie Flip Phone is a nostalgic, hot pink “dumbphone”. Vice says it's really cute, but ultimately impractical.

But Wired thinks the Barbie dumbphone serves an important purpose: To reduce people's screentime.

Fortune wonders if the nostalgic, Barbie-themed marketing will land: The phone seeks to tap into Gen Z's digital detox trend…but it represents an era that many Zoomers didn't live through.

LifeWire's take: The Barbie phone has a noble goal. But maybe reducing your screen time just takes willpower -- not a dumbphone.

1) Russia deploys young conscripts to the front lines against Ukraine, breaking decades-old practice amid a manpower crisis.

2) Caitlin Clark leads Indiana Fever to victory over Chicago Sky, marking a standout performance among WNBA rookies.

3) NASA adjusts SpaceX mission to 2 astronauts, aiding the return of those stranded by Boeing Starliner troubles.

4) US and Iraqi security forces conducted a raid that killed 15 ISIS members, aiming to degrade the group's attack capabilities.