🗞️ OpenAI’s content expansion

October 09, 2024   |   Listen Online   |   Read Online Brought to you by: Top stories today: DOJ weighing asking federal judge to break up Google as remedy Nobel prize in chemistry goes to 3 computer scientists Peter Todd accused by documentary of being BTC creator, he denies Musk's X to return to Brazil as top court lifts ban OpenAI signs content deal with Hearst to widen ChatGPT's knowledge Crypto.com sues SEC after receiving Wells notice Follow us on X | Instagram | Advertise 0. Data and calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). All times are ET. Listen to our AI-generated podcast summarizing today's newsletter (beware potential hallucinations): Bay Area Times Daily - Oct. 9, 2024 ►   Play Online 1. DOJ weighing asking federal judge to break up Google as remedy Generated using OpenAI's GPT-4o. DOJ "is considering behavioral and structural remedies" to restrict antitrust practices, the agency said in a court filing. The plan is to prevent Google from using products like Chrome and Android to favor its offerings over competitors. Making Google share its search data is also being considered. Google may also be restricted in making investments in potential rivals, the DOJ filing suggested. "Radical[,] with significant unintended consequences for consumers, businesses, and American competitiveness," Google said. 2. Nobel prize in chemistry goes to computer scientists David Baker, Demis Hassabis, John Jumper X: The Nobel Prize. Baker developed the Rosetta algorithm for protein structure prediction. Hassabis and Jumper are the CEO/co-founder and senior scientist at Google DeepMind, being responsible for the creation of AlphaFold, an AI model to predict protein structure. Yesterday's Nobel in physics also went to computer scientists. 3. 23 Essential Financial KPIs* Oracle NetSuite. Is your finance team tracking the right metrics? Unlock your guide to 23 essential KPIs, including: Formulas to help get you started right away with your freshly-chosen KPIs. Clear definitions of the key finance KPIs you should be measuring. Applicable case studies to show you step-by-step how each KPI works. Get My Copy *Sponsored. 4. Peter Todd accused by HBO documentary of being BTC creator Satoshi, but Todd denies it One evidence is a 2010 BitcoinTalk post replying to Satoshi that the documentary director believes was accidentally posted using Todd's profile. Crypto media was quick to criticize this argument: X: BitMEX Research. "For the record, I'm not Satoshi," Todd said in a media statement. Director Cullen Hoback has stood by the claims made in the documentary. 5. Musk's X to return to Brazil as top court lifts ban X has confirmed its comeback in Brazil and said that it would "continue to defend freedom of speech, within the boundaries of the law, everywhere we operate": X: Global Government Affairs. Tue.: Brazil's Supreme Court cleared X to resume service. X will be back online in Brazil within 24 hours, the court ordered. Aug. 30: Brazil's top court judge Alexandre de Moraes banned X in the country. 6th biggest market: Brazil has about 21.5M users in the country. 6. OpenAI signs content deal with Hearst to widen ChatGPT's knowledge 40+ Hearst newspapers and 20+ magazines will provide content for ChatGPT. OpenAI will offer credits to Hearst for AI deployment. Condé Nast and Dotdash Meredith struck similar deals with OpenAI earlier. 7. Crypto.com sues SEC after receiving Wells notice SEC, chair Gary Gensler, and its 4 commissioners have been sued by the crypto exchange: X: Kris Marszalek. The filing was made "to protect the future of crypto in the U.S.," Crypto.com CEO Kris Marszalek said. Aug. 22: when the Wells Notice was sent to Crypto.com. "Seeks declaratory and injunctive relief to prevent" SEC from "unlawfully expanding its jurisdiction to cover secondary-market sales," the suit said. 2-year+ SEC investigation into Crypto.com, with formal proceedings starting on March 28, 2023. 8. U.S. federal deficit for FY 2024 at $1.834T, vs. $1.695T in prior year: CBO CBO. Neither presidential candidate has plans to cut the deficit. Economic growth or inflation will be the likely ways that U.S. debt/GDP comes down, if and when it does. 9. European VC funding at lowest since Q3 2020, with only Germany showing growth Crunchbase. Overall funding -39% to $10B in Q3 2024 from $16.6B a year ago. UK, the top European country, saw its funding -43% to $3.2B in Q3 Crunchbase. Germany's funding approx. +33% to $2.4B, the second-largest EU country. France slowed to $1.4B. Late-stage funding in Europe was -57% to $4.2B across 71 rounds in Q3 Crunchbase. Early-stage funding was -12% to $4.5B across 291 deals Crunchbase. Seed and angel investment was -17% to $1.5B across 818 deals Crunchbase. 10. PC shipments worldwide -2.4% to 68.8M in Q3 2024 IDC. Lenovo continued to lead the market, followed by HP and Dell. Apple saw -24% YoY, as customers appear to be waiting for newer models. New AI PCs are also expected to contribute to future growth in the premium segment. 11. U.S. adults on TikTok follow more creators and influencers than politicians or media Creators and influencers make up ~50% of all the TikTok accounts U.S. adults follow: Pew Research Center. 43% of adult users on TikTok discussing politics also post about pop culture Pew Research Center. TikTok users ages 18 - 34 follow 3x as many accounts as those 50 and older Pew Research Center. TikTok accounts with 1M+ followers post less about news and politics, more about promotions Pew Research Center. 12. Interesting videos, posts, and memes Dave Ricks, CEO of Eli Lilly | The All-In Interview Jamie Dimon Full Interview: Soft Landing, Presidential Endorsement and IPOs Snowflake CEO Sridhar Ramaswamy on Using Data to Create Simple, Reliable AI for Businesses 13. Other headlines AI EvenUp raises $135M at $1B for AI personal injury startup. Adobe to offer free web app in 2025 to creators for AI attribution. Meta launches new AI tools to help advertisers creating video ads. OpenAI selects Singapore as APAC hub, appoints international expansion chief. Anthropic launches Message Batches API in beta for batch processing. Uber to launch AI assistant powered by OpenAI's GPT-4o. Virginia congressional candidate creates AI chatbot as debate stand-in for incumbent. Athyna: hire incredible global talent with up to 70% savings vs. U.S. hires.* monday.com connects and empowers teams to excel in every aspect of work. Get started now!* *Sponsored. Tech TSMC posts 39% rise as AI chip demand surges. Apple's iCloud gets dark mode treatment, finally. Sidebar is a personal board of advisors for the next generation of leaders. Join now!* *Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. Tech & law TikTok sued by 13 states and DC for allegedly harming younger users. OpenAI fires back at Elon over "altruism versus greed" lawsuit. Discord blocked in Turkey over "child sexual abuse and obscenity" content. Biotech WeightWatchers to offer compounded version of Novo Nordisk's obesity drug. GSK, Pfizer RSV vaccine sales fall in U.S. as millions fewer people line up. Danco to seek FDA nod for use of abortion drug in miscarriages: report. Purespring raises $105M for kidney gene therapy. Business SpaceX's Starship 5 may get FAA license this month. Boeing halts talks with striking union, withdraws pay offer. Berkshire Hathaway nets $10B from BofA share-sale spree since July. WTI oil steady at $74 after sliding on potential Israel-Hezbollah ceasefire. Rio Tinto emerged as 3rd-largest lithium producer with $6.7B Arcadium buy. Crypto FTX says Caroline Ellison to give up "all of her assets" in settlement. Babylon pulls in $1.5B of staking deposits as cap lifted. Canary Capital follows Bitwise in filing for spot XRP ETF. U.S. politics Kremlin confirms Trump sent Putin covid tests, denies any calls. Biden allegedly cursed about Netanyahu, Putin: new Woodward book. Hurricane Milton, re-strengthened to Category 5, hitting Florida. Mitt Romney not endorsing Harris, wants to remain in GOP. World Biden expected to speak to Netanyahu on Wed., Iran in focus. U.S. frustrated by Israel's reluctance in sharing Iran plans. U.S., Arab states reportedly in talks with Iran for ceasefire on all war fronts. Sinwar ordered renewal of suicide bombings after taking over. North Korea holds key parliamentary meeting amid heightened tension. British Foreign Secretary to visit China in bid to reset ties: sources. 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