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Pfizer, iPhone Pocket, and Beast Land

Pfizer, iPhone Pocket, and Beast Land

November 16, 2025

It has been an exciting week here at mogul. We officially launched two brand new markets in the Poconos, Pennsylvania and Largo, Florida, our very first properties in each state.

It feels like every day there's a different sellout, and demand keeps hitting new levels by the minute. If that's not a testament to the asset class we provide, as well as the quality of supply we have on offer, then I don't know what is.

I just wanted to thank everyone for the ongoing support, it really does make this entire journey worth it and we can't wait to keep bringing you a number of new properties and features over the next few weeks.

Anyway, that's enough from me for now; we have a lot to cover. Let's get into it.

- Alex Blackwood

QUICK HITS

The iPhone Pocket is here

The iPhone Pocket is here

šŸ“” Anthropic Commits $50 Billion to U.S. Data Center Build-out – AI startup Anthropic announced an astounding $50 billion investment to construct custom data centers across the United States, with initial sites in Texas and New York built in partnership with Fluidstack. The infrastructure push expected to generate roughly 800 permanent jobs and 2,400 construction roles is designed to support Anthropic’s rapid growth, including demand for its Claude AI models across 300,000+ enterprise clients. Talk about a big investment...

šŸ’Š Pfizer Wins $10 Billion Battle for Metsera, Re-enters Obesity Drug Race – Pfizer has secured shareholder approval to acquire biotech firm Metsera in a deal worth up to $10 billion, marking a bold return to the booming weight-loss drug market. The offer includes $65.60 per share upfront and up to $20.65 per share tied to future clinical milestones, putting Metsera’s value at $86.25 per share. The acquisition gives Pfizer access to Metsera’s promising GLP-1 therapy MET-097i, which in trials delivered up to 14.1% weight loss and is scheduled for launch around 2028–2029. The weight loss industry keeps growing, and Pfizer's acquisition is a major move in the ongoing race.

šŸ“± Apple Launches $229 iPhone ā€œPocketā€ to Mixed Reactions – Apple unveiled a designer accessory in collaboration with Issey Miyake: a 3D‑knitted iPhone ā€œpocketā€ meant to be worn or carried like fashion, priced at $229.95 for the long‑strap version and $149.95 for the short strap. Somehow, it's sold out already. But then again, is anyone surprised when it seems like some people will just buy anything Apple?

GOOGLE AND APPLE

Siri is getting an upgrade

Siri is getting an upgrade

In one of the most unexpected turns in the AI race, Apple is reportedly nearing a deal to license a custom version of Google’s Gemini large language model, a partnership that would bring Google’s AI brainpower directly into Siri. Multiple reports say the agreement is valued at roughly $1 billion per year, marking a rare moment when Apple turns outward for core technology that underpins its flagship software experiences.

The Siri Problem and Why Apple Needed Help

For more than a decade, Siri has lagged behind its rivals in understanding context, handling multi-step tasks, and sustaining natural conversations. Apple has tried to rebuild the assistant internally, but Bloomberg reports that the company’s in-house models repeatedly fell short of the capabilities needed for the new ā€œApple Intelligenceā€ vision. The result: significant delays and a widening performance gap compared to competitors using modern LLMs.

Rather than push back its AI rollout yet again, Apple began exploring external options and Google emerged as the fastest path forward.

A Gemini Engine, Rebuilt for Apple

Apple is reportedly planning a significant upgrade for Siri by integrating a specially adapted version of Gemini into its Private Cloud Compute infrastructure. This custom-tuned model is expected to be a major improvement over the current Siri system, enabling a range of advanced features, including multi-step task execution, enhanced context retention across various applications, higher-quality text summarization and drafting, and more natural and fluid conversational interactions. By running this Google-built model on Apple-controlled servers, the company can uphold its commitment to user privacy, ensuring that any user data processed by the system is not shared with Google.

A Price That Reflects AI Reality

The reported $1 billion-a-year licensing fee underscores the escalating cost of cutting edge AI. Google already pays Apple roughly $20 billion annually to remain Safari’s default search engine, a deal that shapes the economics of the entire search market. If finalized, the Gemini agreement would give Google a second powerful foothold inside Apple’s ecosystem, this time powering the intelligence layer used by nearly two billion devices.

Coming in 2026, Quietly

The Gemini-powered Siri is reportedly scheduled for a spring 2026 debut, likely tied to an upcoming iOS point release. What makes the deal even more unusual is Apple’s reported desire to keep the partnership low-profile. Internally, the Gemini model is said to carry the neutral codename ā€œAFM v10ā€ (Apple Foundation Model v10), a label meant to conceal Google’s involvement even within some sections of Apple’s workforce.

It’s a brand calculation: Apple wants consumers to see the upgrade as part of its own ā€œApple Intelligence,ā€ not as a dependency on Google.

A Temporary Alliance

Despite the scale of the deal, the partnership is viewed internally as a stopgap. Apple continues to develop its own large-scale LLM, with an internal target of debuting a fully in-house model sometime in late 2026. If successful, that model would reduce or eliminate Apple’s reliance on Google for Siri’s intelligence layer relatively quickly.

The Bigger Picture

If the reports hold, this partnership marks one of the clearest signs of a new reality in tech: even the world’s most valuable company can’t afford to fall behind in AI. The pace is too fast, the costs too high, and the stakes too great. For now, Apple is betting that the quickest way to reinvent Siri is to borrow the brainpower of its fiercest competitor quietly, temporarily, and at enormous cost. Will it pay off? We will have to wait and see.

WE NEED TO PAY THE BILLS SOMEHOW

Register for our upcoming webinar

Register for our upcoming webinar

Join us this Thursday for our monthly real estate webinar!

We have had record turnout at our recent webinars, and it has been incredible to see how many of you have sent in questions during the broadcasts.

This time, our Director of Real Estate, Michael Kazalas, will join our COO and Co-Founder, Joey Gumataotao, for a special edition of our webinar.

Tune in to learn more about our newest offerings, including our two stunning Airbnbs in the Poconos (PA) and Largo (FL). You will also get a deep dive into our supply and selection process and the chance to ask any questions you have live and unfiltered.

Reserve your spot today. Space is limited and filling quickly.

SAVE MY SPOT

OTHER STUFF THAT CAME UP THIS WEEK
  • YouTube superstar Jimmy ā€œMrBeastā€ Donaldson has launched his first‐ever theme park, , in Riyadh, Saudi Arabia, bringing his viral challenge videos to real life. The attraction opens November 13 and runs through December 27 as part of the blockbuster Riyadh Season entertainment festival. MrBeast said the Middle East was a logical choice since 70% of his audience is outside the U.S., and Saudi Arabia offered the infrastructure to make the park’s vision a reality. Saudi Arabia keeps making moves and leaving everyone else behind in the entertainment space.
  • Doug McMillon is stepping down as CEO of Walmart after more than a decade at the helm, with John Furner, the company’s U.S. head, set to succeed him on February 1, 2026. Furner, who started at Walmart as an hourly associate in 1993 and worked his way through the ranks, inherits a company shaped by McMillon’s push into e-commerce, AI, and tech-driven retail. The announcement reflects a pivotal moment for the world’s largest retailer, coming amid shifting consumer habits, stiff competition, and questions about how to lead the next wave of retail innovation.
  • After what became the longest government shutdown in U.S. history, President Donald Trump signed a funding bill on Wednesday night, officially reopening the federal government after 43 days of paralysis. The legislation restores paychecks for hundreds of thousands of furloughed federal workers, revives halted services at national parks and airports, and extends food assistance programs such as SNAP. The deal funds major agencies through 2026 but notably leaves the debate over expiring Affordable Care Act subsidies unresolved, setting the stage for another political showdown early next year.

ā€

BOOK RECOMMENDATION

The Maze Runner by James Dashner

The Maze Runner by James Dashner

After recently rewatching The Maze Runner movies and having such a great time with them, I decided to finally pick up the first book...and I’m really glad I did. Even though I was already familiar with the plot, the book still felt tense and exciting. The atmosphere of the Glade and the Maze is so much richer on the page, and getting inside Thomas’ head makes the mystery feel more intense.

Comparing it to the movie, I’d say the book gives a much deeper sense of confusion, fear, and frustration as everyone tries to survive and understand the Maze. Some characters feel more fleshed out, and a few plot points play out differently, which kept things from feeling repetitive even though I’d seen the film.

The writing is fast-paced and easy to get through, so it never felt like a slog. Overall, reading the book after rewatching the movie made the whole story feel more complete, and I'm going to be speeding through the rest of the series this coming week.

⭐ 4.82 / 5.0 in my book (no pun intended)

QUOTES I CAN'T GET OUT OF MY HEAD

Guess where from, answers below

Guess where from, answers below
  1. "Starting from tomorrow, you're a runner."
  2. ā€œIn seeking life, I created death.ā€
  3. ā€œDamn. I left my jacket in the other room.ā€
FUN FACT OF THE WEEK

Penguins propose with pebbles!

Male Gentoo penguins give their mates the smoothest pebble they can find. If she accepts, they build their nest together.

QUOTES I CAN'T GET OUT OF MY HEAD

Newt is such a legend

  1. The Maze Runner (2014) (Newt)
  2. Frankenstein (2025) (Dr. Victor Frankenstein)
  3. The Man from U.N.C.L.E. (2015) (Napoleon Solo)

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