Wall Street Battles Banker Burnout & Is OpenAI Really Worth $150B?

Wall Street Battles Banker Burnout & Is OpenA...

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Will Prediction Markets Whiff on Midterms? & DC Votes on a Foie Gras Ban

#968: The economy is the top issue for voters heading into the midterm elections. AI data centers make their appearance in 10 states’ ballot measures. Prediction markets activity is expected to skyrocket and many are facing questions about their accuracy ahead of the November ele ...  Show more

North Korea’s $6.3B Binance Hack Shakes Crypto & Couples Hire Etsy Witches for Perfect Wedding Weather

#967: AI enthusiasm wanes as a massive tech stock selloff sweeps Wall Street. The fallout of Binance’s crypto heist has many concerned about the lack of security in crypto. The Golden State Valkyries have won its first-ever franchise WNBA championship in just its second year of e ...  Show more

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OpenAI's $150B conversion, Meta's AR glasses, Blue-collar boom, Risk of nuclear war
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(0:00) Bestie intros: In Memoriam (6:43) OpenAI's $150B valuation: bull and bear cases (24:46) Will AI hurt or help SaaS incumbents? (40:41) Implications from OpenAI's for-profit conversion (49:57) Meta's impressive new AR glasses: is this the killer product for the age of AI? (1 ...  Show more

OpenAI explores advertising
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Chief executives at Intel and Stellantis stepped down, OpenAI is considering including advertising in its artificial intelligence products and the US unveiled new export controls in an effort to curtail China’s semiconductor industry. Plus, how Shanghai’s ambition to be the ‘f ...

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Sam Altman Returns as OpenAI CEO Amid Chaos
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Bloomberg Intelligence Senior Technology Analyst Mandeep Singh and Bloomberg Technology Executive Editor Tom Giles discuss Sam Altman heading back to lead OpenAI less than five days after he was pushed out of one of the world’s most valuable startups, setting off a shock back-and ...  Show more