Alexandra Daddario selling ‘Treehouse’, LVMH’s Bernard Arnault’s Family Office, Tesla's Optimus bots in Beijing, Travis Kelce in ‘Happy Gilmore 2’, Aaron Rodgers’ Jets return - Eps. 45

Welcome to Episode 45 of the irl Media NEWS Podcast, I'm your host Chris Thompson, and today we discuss Alexandra Daddario is selling ‘Treehouse’ after only 1 year, LVMH’s Bernard Arnault’s Family Office invests in AI, Tesla's Optimus bots attend Beijing robot conference, Adam Sandler is putting Travis Kelce in ‘Happy Gilmore 2’, and Aaron Rodgers is returning to the Jets for the 2024/2025 season.

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Transcript

Welcome to Episode 45 of the irl Media NEWS Podcast, I'm your host Chris Thompson, and today we discuss Alexandra Daddario is selling ‘Treehouse’ after only 1 year, LVMH’s Bernard Arnault’s Family Office invests in AI, Tesla's Optimus bots attend Beijing robot conference, Adam Sandler is putting Travis Kelce in ‘Happy Gilmore 2’, and Aaron Rodgers is returning to the Jets for the 2024/2025 season.

Business

LVMH CEO Bernard Arnault, the 2nd wealthiest person in the world with a net worth estimated to be around $198 billion dollars as of August 27, 2024, has taken a big step by beginning to buy AI startups through his private family office named Groupe Arnault. This holding company has been actively investing in AI startups, signaling a strategic move to diversify and future-proof his vast financial empire. Among the startups he’s acquired a stake in include some prominent names in the AI sector, such as Anthropic, an AI safety and research company, and Hugging Face, a platform focused on natural language processing. These acquisitions highlight Bernard Arnault's vision of integrating cutting-edge technology with his luxury business empire.

But who is Bernard Arnault?

Bernard Arnault’s name is synonymous with luxury and opulence. As the chairman and CEO of LVMH (the conglomerate made up of Louis Vuitton and Moët Hennessy), Bernard Arnault oversees a conglomerate that includes some of the world's most prestigious brands. From Louis Vuitton and Dior to Dom Pérignon and Sephora, Bernard Arnault’s empire spans fashion, wines, spirits, cosmetics, and more. His journey to becoming one of the wealthiest individuals began in the 1980s when he acquired Christian Dior, which became the cornerstone of what would grow into LVMH. Through shrewd acquisitions and an unwavering focus on quality, Bernard Arnault transformed LVMH into the world's largest luxury goods company. Today, his net worth is estimated to be around $198 billion dollars, making him the 2nd richest person on the planet.

For those of us who weren’t born with silver spoons in our mouths, a family office is a private entity established to manage the wealth and investments of an affluent family. For billionaires like Bernard Arnault, a family office allows for personalized financial management, including investments, estate planning, and philanthropy. Groupe Arnault, the family office of the Arnault family, is one of the largest and most powerful in the world. It is estimated that Groupe Arnault manages assets worth over $50 billion dollars, which includes a diverse portfolio ranging from real estate and private equity to art and, more recently, AI startups. The family office structure allows for a long-term investment horizon, enabling strategic acquisitions that align with the family’s vision and values.

Bernard Arnault’s recent foray into AI through his family office is part of a broader trend among billionaires. Many of the world's wealthiest individuals are using their family offices to invest in privately held companies, especially in emerging sectors like technology, healthcare, and renewable energy. This trend reflects a shift in investment strategies, where the ultra-wealthy are increasingly looking to gain direct control over innovative companies with high growth potential. By investing in private companies, family offices can take a hands-on approach, driving innovation and potentially reaping significant financial rewards. For Bernard Arnault, the acquisition of AI startups represents not just a financial investment but a strategic move to incorporate advanced technologies into his luxury empire, ensuring its relevance in an increasingly digital world.

As family offices continue to grow in influence, their investments will likely shape the future of various industries. With billionaires like Bernard Arnault at the helm, these private entities are poised to become key players in driving technological advancements and redefining the business landscape.

Tech

Tesla's Optimus bots, a centerpiece of Elon Musk's vision for the future, were recently showcased at the 2024 Beijing Robot Conference, one of the world’s premier gatherings for cutting-edge robotics technology. This event, which brought together leading companies from around the globe, highlighted the rapid advancements in humanoid robotics, with Tesla’s Optimus bots drawing considerable attention. These bots, designed to handle tasks ranging from menial household chores to complex industrial work, represent Tesla’s ambitious plans to reshape the future of labor. However, despite the significant progress Tesla has made, the Optimus bots faced formidable competition from other global robotics firms, particularly those from China, which have been advancing rapidly in this space.

The development of Tesla’s Optimus bots is a significant milestone in the company’s journey toward realizing Elon Musk’s ambitious vision for the future. First introduced in 2021 during Tesla's AI Day, the Optimus bots are designed to mirror human capabilities, standing approximately 5 feet 8 inches tall and weighing around 125 pounds. These humanoid robots are intended to perform tasks that are dangerous, repetitive, or simply undesirable for humans, making them ideal for a wide range of applications, from manufacturing to home care. Musk’s vision for these bots is expansive; he envisions a world where Optimus bots are commonplace, working alongside humans in factories, assisting in household tasks, and even contributing to more complex tasks in healthcare and service industries.

Elon Musk has consistently emphasized that the Optimus bots are not just another product, but a critical component of Tesla’s broader mission to accelerate the world's transition to sustainable energy. By automating repetitive and labor-intensive tasks, these robots could significantly boost productivity and allow humans to focus on more creative and strategic work. Tesla has leveraged its expertise in AI and robotics, particularly the technology used in its self-driving cars, to develop the Optimus bots. These robots are equipped with advanced neural networks, allowing them to process complex data, navigate environments autonomously, and learn from their experiences. This development process has been iterative, with each prototype building on the last, pushing the boundaries of what humanoid robots can achieve.

However, while Tesla’s Optimus bots are undoubtedly impressive, they are not without competition. The 2024 Beijing Robot Conference highlighted the fierce rivalry in the global humanoid robot market, with companies from across the world showcasing their latest innovations. Chinese robotics firms, in particular, have made significant strides in this field, unveiling robots with capabilities that rival those of Tesla’s Optimus bots. These companies are not only focused on matching Tesla’s technological advancements but are also striving to make their robots more affordable and accessible, aiming to capture a larger share of both domestic and international markets.

One prominent competitor is UBTECH Robotics, a leading Chinese firm that has been at the forefront of humanoid robot development for several years. UBTECH’s latest model, which was showcased at the conference, boasts advanced AI capabilities, allowing it to perform a wide range of tasks, from customer service to complex problem-solving. This robot is designed to be both versatile and cost-effective, making it an attractive option for businesses looking to automate various functions. Another key player in the field is Agility Robotics, a U.S.-based company that has developed the Digit robot. Known for its impressive agility and ability to navigate challenging environments, Digit has been deployed in pilot programs across various industries, demonstrating its potential to revolutionize sectors like logistics and retail.

The competition is not limited to just a few companies; the humanoid robot market is becoming increasingly crowded, with startups and established firms alike racing to develop the most advanced and versatile robots. This intense competition is driving rapid innovation, with each company striving to outdo the others in terms of performance, affordability, and practical applications. As a result, the market for humanoid robots is expected to grow exponentially in the coming years, with Tesla’s Optimus bots facing stiff competition at every turn.

Looking ahead, the future of bots like Tesla’s Optimus is filled with both promise and challenges. On the one hand, these robots have the potential to transform industries, improve productivity, and free humans from dangerous or monotonous tasks. The vision of a workforce that includes both humans and robots working side by side is becoming increasingly plausible, and companies like Tesla are at the forefront of making this vision a reality. However, there are significant hurdles to overcome, including ensuring the safety and reliability of these robots, addressing ethical concerns about their widespread use, and navigating the complex regulatory landscape that governs robotics.

Elon Musk and Tesla are betting that their Optimus bots will lead the charge in this new era of humanoid robotics, but they are not alone. The global competition is fierce, and the race to develop the most advanced and versatile humanoid robot is far from over. The Beijing Robot Conference provided a glimpse into the future of robotics, where innovation is accelerating, and the possibilities are expanding. Whether in factories, homes, or healthcare, bots like Tesla’s Optimus could one day play a crucial role in shaping the way we live and work. As the technology continues to evolve, the future of humanoid robots is an exciting and dynamic space to watch, with Tesla’s Optimus bots poised to be a significant player in this rapidly growing market.

Entertainment

Adam Sandler is back at it again, and this time he's bringing a special guest to the green - NFL superstar Travis Kelce. The announcement that Travis Kelce will be joining the cast of the highly anticipated ‘Happy Gilmore’ sequel has already sent waves of excitement through both the sports and entertainment worlds. Adam Sandler, known for his unique brand of humor and raunchy jokes, has always had a knack for blending sports with comedy, and this casting decision is no exception.Travis Kelce, a two-time Super Bowl champion and tight end for the Kansas City Chiefs, is set to bring his charisma and athletic prowess to the big screen, making this sequel a must-watch.

Before diving into why Travis Kelce is the perfect addition to the ‘Happy Gilmore’ sequel, it’s worth revisiting the original ‘Happy Gilmore’ classic film that has become a cult classic since its release in 1996. Directed by Dennis Dugan and written by Sandler and Tim Herlihy, ‘Happy Gilmore’ tells the story of a failed hockey player who discovers a talent for golf. The film is a hilarious and heartfelt journey as idiot-turned-professional-golfer Happy Gilmore, played by Adam Sandler, navigates the often stuffy world of professional golf with his unorthodox techniques and hockey-player mentality.

‘Happy Gilmore’ was one of a handful of films that catapulted Adam Sandler to superstardom in the 1990s. Before this, Adam Sandler was known primarily for his work on ‘Saturday Night Live,’ where his offbeat characters and musical sketches made him a fan favorite. With ‘Happy Gilmore,’ Adam Sandler established himself as a comedic lead capable of carrying a film with his distinctive humor. Over the years, Adam Sandler has built an impressive career, starring in a range of comedies like ‘Billy Madison,’ ‘The Waterboy,’ and ‘Big Daddy,’ as well as more serious roles in films like ‘Punch-Drunk Love’ and ‘Uncut Gems.’ His ability to blend humor with heart has made him one of Hollywood’s most beloved actors.

So, who exactly is Travis Kelce, and why has Adam Sandler chosen him to be a part of this long-awaited sequel? Travis Kelce is no stranger to the spotlight. As one of the most talented and charismatic players in the NFL, he’s made a name for himself as a tight end for the Kansas City Chiefs. With two Super Bowl rings and numerous accolades to his name, Travis Kelce has established himself as a dominant force on the field. But it’s not just his athletic skills that have made him a household name; Travis Kelce’s larger-than-life personality and sense of humor have endeared him to fans across the country.

In recent months, Travis Kelce has found himself in the headlines for more than just his football prowess. His relationship with global pop sensation Taylor Swift has made him a fixture in the celebrity gossip world. The couple have quickly become one of the most talked-about pairs in both the sports and entertainment world. This added layer of celebrity has only increased the buzz around Travis Kelce’s role in ‘Happy Gilmore 2.’

As for why Sandler chose Travis Kelce, the answer seems to be a mix of Travis Kelce’s natural charisma and his ability to connect with fans on and off the field. Adam Sandler has always had a knack for casting athletes in his films—think of Dan Patrick’s numerous cameos or Shaquille O’Neal’s role in ‘Grown Ups 2.’ Travis Kelce, with his larger-than-life persona, fits perfectly into the world of ‘Happy Gilmore,’ where sports and comedy collide. According to reports, Travis Kelce will be playing a character that brings a fresh, modern twist to the story, while still paying homage to the original film’s spirit.

The news of a ‘Happy Gilmore’ sequel has been met with overwhelming excitement from fans of the original film. For many, the idea of returning to the world of Happy Gilmore brings a wave of nostalgia, mixed with curiosity about how the story will evolve. Adam Sandler’s decision to include Travis Kelce in the film has only heightened this anticipation, as fans are eager to see how the NFL star will fare in a comedic role.

With Sandler at the helm and Travis Kelce adding his unique flair, ‘Happy Gilmore 2’ is shaping up to be a must-see movie event. Whether you’re a fan of the original film, a follower of Adam Sandler’s career, or someone who loves to see athletes take on new challenges, this sequel promises to deliver laughs, heart, and a whole lot of fun. As we count down the days until the film’s release, one thing is certain: seeing Travis Kelce and Adam Sandler share the screen is going to be a cinematic treat that fans won’t want to miss.

Real Estate

Alexandra Daddario, the talented actress known for her roles in ‘The White Lotus’ and ‘Baywatch’, has decided to part ways with her stunning Los Angeles home. The mid-century modern residence, which Alexandra Daddario just purchased a year ago in May of 2023 for $2.8 million dollars, is now on the market for an even $3 million dollars. Tucked away in the hills of the trendy Laurel Canyon neighborhood, the property is a true gem for anyone seeking a blend of natural beauty and modern design.

The home, often referred to as a “treehouse” due to its elevated position among lush greenery, offers a cozy yet luxurious living space. Spanning approximately 1,650 square feet, the residence features 3 bedrooms and 2 bathrooms. The design of the home takes full advantage of its surroundings, with large windows and sliding glass doors that flood the interiors with natural light and offer serene views of the canyon. The open floor plan connects the living area, dining space, and kitchen seamlessly, creating an inviting atmosphere for entertaining or simply relaxing at home. High wood-beamed ceilings, a stone fireplace, and hardwood floors contribute to the mid-century charm, while the expansive deck provides an outdoor space perfect for soaking in the Southern California sunshine.

Alexandra Daddario’s decision to sell this property marks a new chapter in her life, but her career continues to flourish. She first gained widespread recognition for her role as Annabeth Chase in the ‘Percy Jackson’ film series, but it was her performance in the critically acclaimed HBO series ‘The White Lotus’ that truly showcased her acting prowess. Playing the role of Rachel Patton, a newlywed navigating the complexities of marriage, Alexandra Daddario earned praise for her nuanced portrayal and was nominated for a Primetime Emmy Award. Her other notable credits include ‘Baywatch’, where she starred alongside Dwayne “The Rock” Johnson, and ‘San Andreas’, where she played the daughter of a heroic rescue pilot.

Real estate has been a part of Alexandra Daddario’s portfolio for several years. Before purchasing her Laurel Canyon home, she owned a condo in Los Angeles, which she sold in 2016. In addition to the Laurel Canyon property, Alexandra Daddario also owns a home in the Hancock Park neighborhood of Los Angeles, which she bought with her husband Andrew Form in 2021. This historic home, built in the 1920s, offers a more spacious and grand living environment, complete with five bedrooms and a lush backyard. The couple has embraced their new home, often sharing glimpses of their life there on social media.

No word on why Alexandra Daddario is bidding farewell to her Laurel Canyon home after only owning it for a little over a year. While she moves on from this mid-century treasure, her acting career remains on an upward trajectory, and she’s sure to continue adding to her real estate empire.

Sports

As the 2024 NFL season kicks off, all eyes are on Aaron Rodgers as he makes his highly anticipated return to the field with the New York Jets. After suffering a devastating injury in his debut season with the team, many speculated that his career might be over. However, Aaron Rodgers, never one to back down from a challenge, is determined to prove the doubters wrong and lead the Jets to new heights. With his recovery going smoothly, Aaron Rodgers is ready to pick up where he left off and take the Jets on a journey that fans have been dreaming of for years.

Aaron Rodgers' journey to the Jets is both the stuff of legends, and the story of a senior QB in the NFL. Drafted by the Green Bay Packers in the first round of the 2005 NFL Draft, Aaron Rodgers spent his early years learning from one of the best - Brett Favre. By 2008, Aaron Rodgers had taken over as the Packers' starting quarterback, and it didn’t take long for him to establish himself as one of the premier quarterbacks in the league. His ability to make pinpoint throws, read defenses, and lead game-winning drives quickly made him a fan favorite in Green Bay.

Over the next decade, Aaron Rodgers racked up numerous accolades, including four NFL MVP awards and a Super Bowl victory in 2011. His tenure with the Packers was nothing short of spectacular, as he consistently kept the team in playoff contention year after year. However, as the years went on, it became clear that Aaron Rodgers was looking for a new challenge. After much speculation, Aaron Rodgers made the bold decision to join the New York Jets in 2023, hoping to bring his winning pedigree to a franchise that has long been searching for a return to glory.

When Aaron Rodgers joined the New York Jets, the excitement among fans and analysts alike was electric. The Jets had secured a future Hall of Fame quarterback, signing him to a contract that underscored his elite status in the NFL. Aaron Rodgers initially inked a deal worth $112.5 million dollars over three years, with the $75 million fully guaranteed over the first two years, and the third year acting as more of a bonus year with no guaranteed money, signaling the New York Jets' commitment to making a deep playoff run with him at the helm. 


However, the 2023 season brought an unexpected challenge when Aaron Rodgers suffered a season-ending injury just four snaps into his debut with the team. Despite this setback, Aaron Rodgers' dedication to the Jets and their future remained unwavering. In a remarkable show of leadership and team-first mentality, Aaron Rodgers agreed to renegotiate his contract during his recovery.

The new contract, restructured in July 2024, reduced his salary significantly, freeing up approximately $35 million in cap space for the New York Jets. This renegotiation was not just a financial adjustment but a strategic move, allowing the Jets to acquire additional talent to bolster their roster. With the newfound cap space, the Jets were able to sign key free agents, including high-caliber wide receivers like WR Mike Williams, giving Aaron Rodgers the weapons he needs to execute his vision on the field. The Jets also signed backup quarterback Tyrod Taylor, you know…just in case.

Aaron Rodgers' willingness to restructure his deal speaks volumes about his commitment to the Jets' success. It’s not often that a player of his stature takes such a significant pay cut, but Aaron Rodgers’ decision reflects his belief in the team’s potential and his desire to win another Super Bowl. This move has not only enhanced the Jets' offensive capabilities but also cemented Aaron Rodgers' role as a true leader, both on and off the field.

As Aaron Rodgers returns to the field for the 2024 season, there is a sense of optimism surrounding the Jets that hasn't been felt in years. Obviously, Jets fan know this feeling all too well, and many try not to get too excited in the pre-season, but this year feels different.

Aaron Rodgers has reportedly rediscovered his form during training camp, displaying the same arm strength, accuracy, and football IQ that made him a future Hall of Famer. His presence alone elevates the entire team, from the offensive line to the wide receivers, who are eager to prove themselves alongside a quarterback of Aaron Rodgers' caliber.

The Jets' front office has also done its part by assembling a talented roster that complements Aaron Rodgers' skills. With new receivers, a solid running game, and a defense that has the potential to be one of the best in the league, the Jets are poised to make a serious run at the playoffs. Aaron Rodgers' leadership, both on and off the field, will be crucial in guiding this team through the ups and downs of the season.

In a league where success is often fleeting, Aaron Rodgers' return to the Jets is a beacon of hope for a franchise that has endured its fair share of struggles. His journey from Green Bay to New York has been filled with twists and turns, but Aaron Rodgers is more determined than ever to write a new chapter in his storied career. With his eyes set on the ultimate prize, Rodgers and the Jets are ready to take the NFL by storm in 2024. Fans can expect nothing less than a thrilling season filled with unforgettable moments, as Aaron Rodgers leads the Jets back to relevance and, perhaps, even a Super Bowl title.