OpenAI explores advertising

Amazon reported accelerated cloud growth in the quarter to the end of June, and JPMorgan has walked into another football firestorm as it works on a plan with Fifa. Plus, Citadel bought Situational Awareness equity holdings after the hedge fund suffered steep AI losses, and DR Co ...  Show more

Meta and Microsoft reported quarterly earnings as investors raised concerns about AI spending, and the US Federal Reserve held interest rates steady. The Bank of Japan is also expected to leave rates unchanged at its meeting on Friday, and UK oil and gas companies are looking awa ...  Show more

OpenAI (MSFT) to remove non-profit control, give Altman equity stake: report. (00:21) Disney+ (DIS) rolls out 'paid sharing' password crackdown in most markets. (01:49) Blackstone (BX) to park $13B in AI data center in Britain. (02:45) Episode transcripts seekingalpha.com/wsb. Sh ...  Show more

Sam Altman was hired by Microsoft, OpenAI employees threatened to walk, and the company has its third CEO in a week. We broke down the latest developments and what it all means. Join our hosts Rob Litterst, Sara Friedman, and Jon Weigell as they take you through our most interest ...  Show more

The Biden administration tells Tiktok to leave ByteDance or leave the US. Meta's year of Zuck-ficiency continues, with another 10,000 layoffs. Kara and Scott unpack the decision to backstop Silicon Valley Bank, as Credit Suisse deals with its own potential issues. Also, ChatGPT g ...  Show more

Episode 196: Neal and Toby discuss the latest drama surrounding Sam Altman's departure from OpenAI and why employees are threatening to leave the AI giant if he isn't reinstated as CEO. Plus why the Cruise CEO stepped down and what are the benefits of Argentina adopting the dolla ...  Show more