Microsoft announces generative AI coming to 365 Suite

Top stories today: 1) Microsoft announces AI in 365 Suite, 2) Banks loan $30B to First Republic Bank, and 3) Fed balance sheet jumps $300B, reversing quantitative tightening.

Alameda Research $1.1B+ in new creditor claims and FTX identifies $3.2B in transfers to founders and insiders

Top stories today: 1) Alameda has $1.1B in new creditors, 2) FTX gave $3.2B to insiders, 3) Swiss central bank lends $54B to Credit Suisse, 4) Government looking to auction SVB and Signature by Fri, and 5) Microsoft AI event today at 11 AM ET.

BREAKING: Alameda Research has at least $1.1B in new creditor claims

OpenAI launches GPT-4; API cost 60x more than ChatGPT

Top stories today: 1) OpenAI launches GPT-4, 2) Anthropic launches Claude, 3) Gmail and Docs adding AI, 4) Adept raises $350M, and 5) CPI drops to 6.0%.

March 14, 2023

Top stories today: 1) FDIC tries another SVB auction as markets react strongly, 2) Meta halts NFTs, 3) Microsoft lays off AI ethics team, likely to announce GPT-4 on Thu, 4) Stanford releases Alpaca AI, and 5) at 8:30 AM ET, CPI is expected at 6.0%.

March 13, 2023

Top stories today: 1) Federal government to guarantee all SVB, Signature deposits, 2) Fed will buy banks' bonds at par, 3) Aramco profits $161B in 2022, 4) Biden approves $7B Arctic oil project, and 5) dividend stocks are yielding less than short-term Treasuries.

March 10, 2023

Top stories today: 1) SVB is likely insolvent, 2) Meta is working on a decentralized social network, 3) Biden's budget has 44.6% capital gains tax, 4) but it would still raise debt-to-GDP to 179%, and 5) Trump likely to be criminally charged in NY.

March 9, 2023

Top stories today: 1) Sam Altman invested $180M in Retro Bio, 2) Silvergate to shut down, 3) VC funding is down 63%, 4) Powell says 50 bps is not guaranteed, and 5) Biden unveils budget proposal at 2:30 PM ET.

March 8, 2023

Top stories today: 1) Powell signals 50 bps, 2/3) Salesforce launches EinsteinGPT + $250M AI fund, 4) Google I/O on May 10, 5) Meta's AI leaks, 6) GBTC might become an ETF, and 7) Voyager <> Binance deal approved.

March 7, 2023

Top stories today: 1) Microsoft launches CRM copilot, 2) Hubspot has its ChatSpot AI, 3) Google publishes PaLM-E 562B parameter paper, 4) FTX advisors ask for $34M+, 5) FTX 2.0 is being studied, and 6) FTX is suing Grayscale/GBTC, who is in court today vs the SEC (7).

March 6, 2023

Top stories today: 1) GLIGEN AI launches, 2) Tesla cuts prices, 3) Summers warns against 25 bps, 4) China sets GDP target at 5%, and 5) CPAC poll shows Trump 62% x 20% DeSantis.

March 3, 2023

Top stories today: 1) FTX finds $6B in assets, 2) Silvergate bankruptcy could be tonight, 3) Figure humanoid out of stealth, 4) Brave Search launches Summarizer AI, and 5) small retailers' revenue drop.