Microsoft reportedly plans to invest $10 billion in creator of buzzy A.I. tool ChatGPT

https://www.cnbc.com/amp/2023/01/10/microsoft-to-invest-10-billion-in-chatgpt-creator-openai-report-says.html Microsoft plans to invest $10 billion in OpenAI, the startup behind popular artificial intelligence tool ChatGPT, according to a report from Semafor. The deal is part of a funding round with other investors involved that would value OpenAI at …

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Coinbase to Cut ~20% of workforce

Coinbase Global said that it would eliminate around 20% of its staff and enact broad cost cuts, the latest sign of pain in the cryptocurrency industry. Chief Executive Brian Armstrong said that crypto exchange Coinbase will reduce operating expenses by …

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The Fed has increased the Fed funds rate quite a bit but they’ve only shrank their balance sheet by 5% and things are already breaking

by BoatSurfer600 Source: https://markets.businessinsider.com/news/stocks/recession-warning-economic-outlook-inverted-yield-curve-fed-rate-hike-2023-1 Morgan Stanley Warns US equities could slump another 22% from current levels — Goldman’s Kostin also sees 2023 earnings estimates as too high (Bloomberg)

Where Is The FBI Raid of Joe Biden? Benedict Biden’s ‘Top-Secret Files’ With ‘Sensitive Compartmented Information’ Were Discovered on November 2, Six Days Before Midterm Elections

  via thefederalist: There are plenty of reasons why 4 in 5 Americans see a two-tiered justice system. On Monday, federal officials gave the public another textbook example. Attorney General Merrick Garland ordered the U.S. attorney in Chicago to investigate nearly a dozen documents marked …

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