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01/24/2023

Microsoft is pouring billions more into OpenAI, the lab behind ChatGPT, an AI program that could challenge Google’s search engine. On Monday, Microsoft announced it’s making a “multiyear, multibillion dollar investment” into OpenAI to help accelerate research at the San Francisco-based lab. The companies didn’t reveal the exact investment amount. But Microsoft has been mulling a $10 billion investment in the company, according to Semafor.

https://bit.ly/400qMvd

01/11/2023

Stocks rose Wednesday as Wall Street looked to build on what has been a positive start to 2023. The Dow Jones Industrial Average advanced 40 points or 0.1%. The S&P 500 gained 0.3%, while the Nasdaq Composite added 0.6%.

https://cnb.cx/3Xjq7Uh

01/09/2023

Stock rose Monday as investors tried to build on a sharp rally from the previous session. The Dow Jones Industrial Average ticked up 221 points, or 0.7%, while the S&P 500 and Nasdaq Composite added 1.2% and 1.9%, respectively.

https://cnb.cx/3WYRAdv

01/08/2023

WSJ reporting that OpenAl is in talks for tender offer at a valuation of $29B.That would make it the 6th most valuable unicorn in the US:
1. SpaceX ($137B)
2. Stripe ($74B)
3. Epic Games ($32B)
4. Databricks ($31B)
5. Fanatics ($31B)
6. OpenAI ($29B)

01/07/2023

01/06/2023

Just in: OpenAI is reportedly in talks to sell shares in a tender offer that values the company at a whopping $29 billion! Venture firms Thrive Capital and Founders Fund are said to be in talks to buy shares, with the deal potentially totaling at least $300 million in OpenAI share sales. Will this deal double the company's previous valuation of $14 billion? Stay tuned for updates on this exciting development in the world of AI and technology!

https://bit.ly/3VPgNpp

01/04/2023

Stocks gained Wednesday, and rates slid as investors digested key jobs and manufacturing data ahead of the Federal Reserve’s meeting minutes release. The Dow Jones Industrial Average rose 87 points, or 0.25%, reversing earlier losses. The S&P 500 and the Nasdaq Composite also recouped losses to trade up 0.63% and 0.52%, respectively.

https://cnb.cx/3QgEJkc

01/03/2023

Elon Musk's SpaceX is raising $750 million in a new round of funding that values the rocket and satellite company at $137 billion from investors.

https://reut.rs/3X2SHZq
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01/02/2023

Quantum computers are the future of technology, capable of accelerating advances in fields like EV batteries, biotechnology, and AI. IBM's new quantum computer, Osprey, has triple the processing power of its predecessor and can perform calculations impossible for classical computers. Are you ready for the disruption that quantum computing will bring?

https://bit.ly/3GAqJPo

01/01/2023

12/30/2022

12/29/2022

Stocks jumped on Thursday, as investors headed into the final trading days of 2022. The Dow Jones Industrial Average rose 316 points, or 1%. The S&P 500 gained 1.5%, and the Nasdaq Composite climbed 2%.

https://cnb.cx/3jGep7e