WEEKLY MARKET REPORT
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September 8, 2023

Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world. Let’s explore together! 🌐🚀

Top Reads
US to check on chips used in Huawei’s ‘Made in China’ smartphone 📱
Huawei Technologies' breakthrough in making an advanced chip underscores China's determination and capacity for fighting back against U.S. sanctions, but the efforts are likely very costly and could prompt Washington to tighten curbs.
Imbue raises $200M to build AI models that can ‘robustly reason’ 🀖
Imbue, the AI research lab formerly known as Generally Intelligent, has raised $200 million in a Series B funding round that values the company at over $1 billion.
Google makes AI content disclosure mandatory 🛑
Google will make it mandatory for all election advertisers to add a clear and conspicuous disclosure starting mid-November when their ads contain AI generated content, the company said on Wednesday.
Market Data
Headlines
AI
  • China turns to AI in hopes of creating viral online propaganda
  • Ant Unveils AI Language Model for Wealth Management
  • Microsoft Says It Will Protect Customers from AI Copyright Lawsuits
  • Schmidt using $27B fortune to influence AI policy
Tech
  • Apple discloses zero-days linked to NSO Group spyware
  • Twitter, now X, loses 2nd head of brand safety in months.
  • Google’s cookie-replacing Privacy Sandbox reaches major milestone
  • Spotify to Offer Paying Subscribers Free Audiobook Trial
  • SoftBank Backs Autonomous Trucking Firm Started by Ex-Ford Self-Driving Executives
Business
  • SEC Probes Ryan Cohen’s Bed Bath & Beyond Trades
  • Yellen Confident on Ukraine-Aid Support
  • Mattel to get 5% of Barbie box office
Crypto
  • El Salvador launches Bitcoin education program
  • JPMorgan exploring blockchain-based payment & settlement system
  • Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
  • MicroStrategy‘s Large Bitcoin Impairment Losses Have Given a False Impression
  • Coinbase to Prioritize Crypto Markets Outside of US in Its Expansion Strategy

Did You Know?

According to estimates, generative AI is poised to bring significant changes to the world of work in the United States from 2022 to 2030. While traditional job sectors like STEM, healthcare, builders, and professional fields are expected to continue adding jobs, generative AI has the potential to revolutionize work activities across many occupations. The future promises a transformation where tasks and roles may evolve, thanks to the power of generative AI. So, whether you’re an AI enthusiast or simply curious about the future of work, keep an eye on how this technology could reshape various industries in the coming years!

 

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