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Lana

๐Ÿ‘ค Speaker
2056 total appearances
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Appearances Over Time

Podcast Appearances

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Amazon has called dibs too, with some conditions.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

In exchange for the e-commerce giant's billions, OpenAI will lean more on its chips and cloud computing services.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

That'll do little to calm worries about AI's circular financing, with the same few firms passing cash to each other.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

No one's doubting that AI companies need cash.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Training and running chatbots is eye-wateringly expensive.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

But investors are increasingly skeptical of whether those businesses will ever turn a decent profit.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

That's one reason why OpenAI now shows ads to FreeChat GPT users, hoping to turn their late-night conversations and workplace breakdowns into meaningful revenue.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Still, it's a gamble.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Rival perplexity has walked away from ads, arguing they undermine trust in its answers โ€” something that could eventually sap engagement and market share.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

The likes of OpenAI and Perplexity are busy building the smartest brains, but Apple is far more focused on the body than what's going on upstairs.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

The firm is reportedly designing three AI-powered wearables โ€” smart glasses, camera-equipped AirPods, and a pendant โ€” looking to cash in on AI with its design chops rather than duking it out with the cerebral crowd.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Still, the firm's not snubbing the brainiacs.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Last month, Apple struck a deal with Alphabet to use its Gemini smarts in Siri for $1 billion per year.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

That difference in focus helps explain why the correlation โ€” a measure of how closely things move together โ€” of Apple's stock with the tech-heavy Nasdaq has fallen to a two-decade low.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Before we dive into the next story, it's time for our daily check-in with Carl.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

You've got questions, he's got answers.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Carl, what have you got for us?

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Thanks, Carl.

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

Next up!

The Finimize Daily Brief
OpenAI Could Raise $100 Billion, Valuing It At Nearly $850 Billion โ€“ And The IMF Thinks China Needs To Lean More On Its Own Consumers

The International Monetary Fund thinks that China's too reliant on everyone else's dime, saying it's time the country's own shoppers picked up more of the tab.