OpenAI Wants a Bailout:

It’s come to this: The company behind ChatGPT is so poorly managed it wants a taxpayer backstop. You know, like the too-big-to-fail banks.

Maybe the endgame is that the federal government takes a stake in OpenAI, the way it has this year with Intel, U.S. Steel, MP Materials and so on.

It’d be a win-win for OpenAI and the feds…

OpenAI gets a sorely needed cash infusion and the government gets to call the shots on the platform with 75% market share of generative AI chatbots.

But it’d be a lose-lose for taxpayers and ChatGPT users…

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James Altucher:

Bittensor’s Breakout: What it Means

Something rare just happened in crypto—and if you’ve been around this space long enough, you know how rarely rare actually is.

TAO, the native token of Bittensor, just hit a year high… while the rest of the market sank.

Though it’s come back down a bit, it’s a sign that something important is happening.

Because that’s not supposed to happen. Usually, crypto moves as one giant school of fish.

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Ian Culley:

Give Gold a Rest (and Trade This Miner Instead)

Can we all give gold a rest? Silver, too. They deserve it.

They’ve ripped, they’ve roared, and they’ve hit new highs — all while surpassing records and shattering most investors’ imaginations.

Heck, we all deserve a break from these shiny rocks. But that doesn’t mean it’s time to kick other commodities to the curb.

The simple fact that gold rallied in the first place tells us what’s next for the broader commodity space.

Here’s the company you can use to catch the next rip-roaring rally.

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