Wed. 11/08 – The First AI Election

Big tech platforms are preparing for the first big election of the AI era. Why even Microsoft is so desperate to get its hands on AI chips. Some incredibly bearish signs from crypto. But could we actually see a crypto IPO happen soon? Don’t sleep on Amazon’s healthcare ambitions. And never underestimate the power of timing nostalgia correctly.

Links:

• Meta to Require Campaigns to Disclose AI-Altered Political Ads (WSJ)
• Microsoft Is Offering to Help US Politicians Crack Down on Deepfakes (Bloomberg)
• Bing Chat so hungry for GPUs, Microsoft will rent them from Oracle (The Register)
• Coatue Cuts Value of OpenSea Stake by 90% as Fund’s Returns Sag (The Information)
• Stablecoin Issuer Circle Internet Considering 2024 IPO (Bloomberg)
• Amazon links One Medical primary care to Prime memberships (Washington Post)
• Fortnite just had its biggest day ever, 6 years in (Polygon)

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