Week in Product #492 🚀
New Claude models launch and get suspended, OpenAI files for IPO and considers price cuts, Siri gets revamped, Amplitude AI agent, Using LLMs for analytics, Gemini Live Translate & more
Hi folks 👋
Welcome to a new Week in Product!
🎰 The week in figures
$674B: ASML became Europe’s most valuable company ever, hitting a $674B market cap as analysts bet that demand for its chip-making machines will keep climbing
$20B: Bending Spoons, the Italian holding company owning AOL, Eventbrite, and Vimeo, filed for a U.S. IPO, potentially valuing it at $20B. Projected $1.31B in 2025 revenue, up 95% YoY, with $601M in Q1 revenue
$150M: Anthropic launched Claude Corps, a $150M fellowship that will place 1,000 fellows inside nonprofits for year-long AI coaching
$130M: Canada's Koho just closed $130M at $1.33B valuation in its push to become a full bank
19%: SpaceX shares soared on Day 1, closing out Friday just above $161 per share, a 19% jump over its IPO price. The company is now valued at over $2T, and Elon Musk enters the record books as history’s first-ever trillionaire
📰 What’s going on
Anthropic launches and then blocks new Mythos-class models. Anthropic launched Claude Fable 5, the public version of its new Mythos-class model, plus Claude Mythos 5, the same underlying model with some safeguards lifted for vetted cyber and biology partners. Both models got suspended right before the weekend, citing risks for the models to be used maliciously by foreign nationals. Before the full block, Anthropic walked back invisible Claude Fable 5 safeguards after researchers said legitimate AI, cyber, and bio work was blocked or silently switched to Opus 4.8
Microsoft blocked employees from accessing Claude Fable 5 through internal GitHub Copilot after Anthropic updated its data retention rules, with legal teams reportedly reviewing whether flagged prompts could expose customer data
OpenAI filed for an IPO, on what could become one of the largest public offerings in Wall Street history. The company noted “it may take a while because there are things we want to do that are likely easier as a private company”
OpenAI is considering drastic price cuts on tokens as it braces for a pricing war with Anthropic; both companies are heading toward IPOs and neither wants to blink first
OpenAI expanded API web search so models can look up current information before generating response,
ChatGPT can now turn data and comparisons into charts directly inside ChatGPT
OpenAI agreed to acquire Ona, giving Codex secure, persistent cloud environments for long-running enterprise agents
Apple announced the revamped version of Siri during WWDC. Siri now comes with a dedicated mobile app and the ability to swap models. There were no major updates to iOS, with Apple taking the opportunity to ship some refinements like the ability to configure the transparency settings on Liquid Glass
Apple's foldable iPhone. Hidden iOS 27 developer beta code reveals parameters like "foldState", suggesting Apple’s foldable iPhone might be unveiled this fall
Google announced new capabilities to NotebookLM, which give it coding abilities. Powered by Antigravity, NotebookLM can spin up a sandbox environment, write scripts, and execute them to support deeper analysis (e.g., data cleaning, statistical comparisons, simulations) without you leaving the UI. NotebookLM will come with a set of more than 100 software skills that can help you build workflows with your notebooks that previously would have required you to jump between apps
Google Analytics is also getting some important new updates. Starting this week, GA4 will get its own AI Assistant traffic measurements which lets you track and trend human traffic from top AI assistants including Gemini, ChatGPT and AI Overviews directly in reports
Perplexity plans to pursue a 2028 IPO regardless of whether Anthropic or OpenAI list first
Amplitude released Wave, an AI agent that automates the full product improvement cycle, from identifying what to build to measuring whether it worked
Visa and OpenAI have announced a partnership which sees Visa’s payment network directly into OpenAI’s AI agents, allowing these agents to initiate secure transactions on behalf of users. When an AI agent needs to complete a purchase, it uses tokenized Visa credentials (encrypted payment information) rather than raw card data
Mastercard also launched new agentic capabilities this week. Agent Pay for Machines (AP4M) is Mastercard’s infrastructure for high-speed, automated payments between AI agents and services. Instead of traditional person-initiated transactions, AP4M enables agents to execute continuous, programmatic payments
Coinbase announced an AI agent lets users automate cryptocurrency trades and payments without manual intervention. Users connect the agent to their account and give it natural language instructions, like “rebalance my portfolio” or “execute this trade”
DoorDash released a new AI Assistant that lets users order through voice, chat, recipe link or image. Their CEO says that in early testing, nearly half of all restaurant orders made with Ask DoorDash were from a place the customer had never ordered from before, and grocery baskets built with Ask DoorDash were over 35% larger than those without
Xiaomi open-sources MiMo Code with persistent memory. The AI coding agent maintains context across extended dev sessions through background subagent and automated weekly memory compression, outperforming Claude Code on SWE-Bench Pro
📚 Good reads
Why your AI strategy needs a clear point of view. In fast-moving markets like AI, buyers feel overwhelmed and rely on vendors not just for product demos, but for a confident, opinionated take on where the category is going. April Dunford shows how companies like OpenAI, Anthropic, or Microsoft root their POVs in their unique strengths, turning strategy into a story about the future. As PMs, if we can’t clearly explain our own POV, we make it easier for customers to delay decisions (or choose a competitor)
Using LLMs for analytics. One of PMs new worst fears is getting wrong analyses due to LLM hallucinations. Anthropic explains how they automate about 95% of internal analytics queries with Claude using a multi-layer approach
Becoming irreplaceable in the age of AI. Anne-Laure Le Cunff explains how feeling replaceable hits our deepest needs for belonging, self-worth, and identity, especially when AI can do parts of our jobs faster or cheaper. Her piece argues you can’t be truly irreplaceable as a function, but you can become hard to substitute with your rare mix of talent, taste, and trust. For PMs that could translate into your unique combinations of strategy + communication + domain insight, plus making your thinking visible, and running tiny public experiments so the “version only you can ship” is obvious to others
Emotional intelligence for PMs in the age of AI. Roman Pichler argues that as AI and data tools get stronger, emotional intelligence becomes a real differentiator for PMs. He breaks EI down into self-awareness, self-management, social awareness, and relationship management, showing how each one leads to better products, stronger stakeholder alignment, and healthier teams. He also shares some practical habits, like mindfulness, journaling, active listening, and regular user conversations
🎧 Good listen/watch
Claude Fable 5 review by Claire Vo. Complement with this great write-up by Ethan Mollick
AI eats the world? A reality check with Ben Evans for a16z podcast. They dig into where AI is delivering value today vs what’s still mostly hype. They focus on coding agents as the first real breakout use case, and how infra spend, software economics, and enterprise adoption dynamics shape what comes next
🔧 Products to try
Google launched Gemini 3.5 Live Translate for near-real-time speech translation in AI Studio, Google Translate, and Meet. 70+ languages. No choppy pauses or robotic monotone. It actually sounds like a person
That’s a wrap for this week.
Feel free to drop your comments/questions/feedback. Would love to hear what you’d like to see more about in WiP, so I can make it better for you.
Have a great start to your week!
