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20 Nov 2023

"DeFi started on Bitcoin.

Ethereum and Solana popularized it. Now time for all of that activity to come back to the original chain". Dan Held

20 Nov 2023

Sam Altman ousted by OpenAI and moving to Microsoft:

Microsoft has hired Sam Altman and Greg Brockman to lead a team conducting artificial intelligence research, days after the pair were pushed out of OpenAI, the company they co-founded. Writing on X on Monday, Microsoft chief executive Satya Nadella said that Altman and Brockman, “together with colleagues, will be joining Microsoft to lead a new advanced AI research team”. “We look forward to moving quickly to provide them with the resources needed for their success,” he added. Altman retweeted Nadella’s post on Monday, adding: “the mission continues”. Source: FT

20 Nov 2023

BREAKING NEWS by FT >>>

Microsoft has hired Sam Altman and Greg Brockman to lead a team conducting artificial intelligence research, days after the pair were pushed out of OpenAI, the company they co-founded. Writing on X on Monday, Microsoft chief executive Satya Nadella said that Altman and Brockman, “together with colleagues, will be joining Microsoft to lead a new advanced AI research team”. “We look forward to moving quickly to provide them with the resources needed for their success,” he added. Altman retweeted Nadella’s post on Monday, adding: “the mission continues”. Source: FT

20 Nov 2023

BREAKING >>> Sam Altman will NOT be returning as CEO of OpenAI after drama-full weekend for the AI space

Negotiations to get Altman back in the company started less than 24 hours after he was fired. Investors including Microsoft attempted many rounds of negotiations. Staff at OpenAI have also threatened to quit if Altman does not return. But according to CNBC and Bloomberg, the board of OpenAI is bringing in former Twitch CEO Emmett Shear to run the artificial intelligence company, two days after the sudden ouster of Sam Altman, CNBC has confirmed. The Information and Bloomberg both reported on the hiring of Shear earlier. The news was confirmed to CNBC by a person familiar with the matter who asked not to be named because the discussions were confidential. Source: CNBC

20 Nov 2023

Wine production reached 16.1 billion (bn) litres in the EU in 2022. Top producers:

1) Italy (5.0 bn litres) 2) Spain (5.0 bn litres) 3) France (3.4 bn litres) Source: EU Eurostat

20 Nov 2023

2024 outlook in one picture

Source: Hedgeye

14 Nov 2023

Income & wealth inequality is not just a capitalist country story. Watch Russia and China...

Source: Ruben Mathisen

14 Nov 2023

The average price of a used Tesla has declined 16 months in a row, moving from a record high of $67,900 in July 2022 to a record low of $39,550 today (-42%). $TSLA

Source: Charlie Bilello

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