Welcome back, dear listeners! Your hosts AJ and Shane are here with the week's financial news. Here's what's on deck: ChatGPT parent OpenAI's valuation has nearly doubled and the company is coming for Google's lunch. Speaking of Google and lunch, we hear Larry Page and Sergey Brin were called back to HQ to help win the AI race. If you haven't seen WALL-E, don't listen to this episode. There's more! With one hand Microsoft is increasing investment in AI to the tune of ten billion dollars and laying off 10,000 people with the other. What a time to be alive. Don't forget: You can easily leave a message with a question to be answered during the show at memo.fm/theliquidityevent. We love hearing from you!

Links

• ChatGPT looking at $29B Valuation

• That Microsoft deal isn’t exclusive, video is coming and more from OpenAI CEO Sam Altman

• Google Calls In Help From Larry Page and Sergey Brin for A.I. Fight

• Microsoft announces new multibillion-dollar investment in ChatGPT-maker OpenAI

• How ChatGPT Will Destabilize White-Collar Work

• Microsoft is laying off 10,000 employees

• Microsoft Joins Wave of Tech Layoffs as Slowdown Spreads

• Why Are Tech Companies Laying off so many people

• How Apple Has Avoided Layoffs, No Free Lunches

 

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