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- Big tech enters its AI era π€
Big tech enters its AI era π€
On Monday, Microsoft tripled down on OpenAI, announcing a 10 billion dollar investment in the company, following two previous investments in 2019 & 2021.
'When contemplated in its extreme, almost any power looks dangerous.'
- Ruth Bader Ginsburg
π GM! Rallie here, the newsletter serving the latest in crypto, biz, and tech so you can slay the day.
On the menu today:
π€ Microsoft's big AI bet
π HBD Ethereum
πͺ§ Roe V. Wade 50 years on
π€ Refresh: ChatGPT hacks
π― Top tweets
Rallie Recap
π€ Big tech has entered its AI era.
On Monday, Microsoft tripled down on OpenAI, announcing a 10 billion dollar investment in the company, following two previous investments in 2019 & 2021.
The cash comes at a key time, as big tech races to see who will become the Michael Phelps of artificial intelligence.
Alongside DeepMind (owned by Google's parent company, Alphabet) and FAIR (Facebook AI Research), OpenAI is said to be one of top three AI companies worldwide.
Since November, OpenAI has lit up headlines for their product, ChatGPT, amassing over 1M users in only 5 days.
Does this mean ChatGPT will stay free a little longer? We really hope so.
π Happy birthday, Ethereum!
Yesterday, marked 9 years since ETH founder, Vitalik Buterin, published a blog post titled, 'Welcome to the New Beginning' changing crypto forever. Here's a few of our fav Ethereum facts:
Vitalik is Russian-Canadian and was only 19 when he first introduced his Ethereum smart contract platform to the internet.
Donβt mix up Ethereum and Ether. Ether (ETH) is the native token that people trade in, Ethereum is the underlying blockchain network. ETH is the second largest cryptocurrency by market cap, behind Bitcoin.
Ethereum uses proof-of-stake as it's consensus mechanism, after switching from proof-of-work last September. The switch made it more secure and less energy-intensive, cutting energy usage by 99%.
Headlines That Hit
π£ As egg prices soar, so do the number of smuggling attempts at the El Paso border crossing, rising 108% in Q4 of 2022 alone. Egg smuggling, we didn't seen it coming.
π Google held a town hall after announcing its largest round of layoffs ever... the theme? The future of AI is here, and Google needs to keep up.
π Meanwhile, Apple CEO, Tim Cook, took a 40% pay cut at his own request. Apple is the only major tech company that hasn't had a massive layoff. Big tech CEOs, take note.
Why We Rallie
πͺ§ 50 years on, abortion rights are still human rights.
Sunday marked the 50th anniversary of the now-overturned Roe v. Wade Supreme Court decision that established federal protections for abortion care in America.
Crowds turned up across the US for the annual Women's March, an event first held on Jan. 21, 2017, the day after Trumpβs inauguration. The march was initially organized to protest misogyny and to stand up for reproductive rights.
This year's theme was 'Bigger Than Roe' as women across America fight for their constitutional right to abortion care that was stripped away last June.
The main march was held in Wisconsin, where upcoming elections could determine the state Supreme Courtβs power over future abortion rights.
Rallie Refresh: ChatGPT Hacks
Look, we know you're probably tired of us talking about ChatGPT. But we'll be damned if our readers get left behind in the AI revolution. And if you're still wondering what ChatGPT is, watch Meredith break it down here.
Either way, we've scoured the internet, so you don't have to. Check out the links below to help you integrate ChatGPT into your life:
For the newbie: A Crash Course on ChatGPT for Beginners
For the content creator: 9 dead-simple ways to use ChatGPT for content creation
For the business owner: 30 ways to use ChatGPT for your business
For the Chrome user: ChatGPT for Google Chrome extension
For the Excel whiz: ChatGPT spreadsheet tips & AI assistant
ChatGPT is still free for now. Try it here while you can!
Trending Tweets
Our fav funnies to get you through the day.
AI will not steal your job.
The intern who learned ChatGPT this weekend will.
β Marcus Ramsey (@themarcusramsey)
2:55 PM β’ Jan 22, 2023
When I am up 1% after being down 89%.
β Douglas A. Boneparth (@dougboneparth)
3:00 PM β’ Jan 23, 2023
Eggs are the new caviar
β Dr. Parik Patel, BA, CFA, ACCA Esq. (@ParikPatelCFA)
4:49 PM β’ Jan 20, 2023
Congrats, you made it to the end!
That's all for today. Stay hungry & we'll catch you next time.βοΈ
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DISCLAIMER: This is not financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.