NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more (Aswath Damodaran/Financial Times)

Aswath Damodaran / Financial Times:
NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more  —  Whether the risks to jobs is real or not, it behoves us all to act like it is given how consequential the costs could be

Sources: TSMC's execs took to calling Sam Altman a "podcasting bro" after he said it would take $7T and many years to build 36 chip plants to fulfill his vision (New York Times)

New York Times:
Sources: TSMC's execs took to calling Sam Altman a “podcasting bro” after he said it would take $7T and many years to build 36 chip plants to fulfill his vision  —  Sam Altman, OpenAI's chief executive, is talking to the United Arab Emirates, Asian chipmakers and U.S. officials …

Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 (Reuters)

Reuters:
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023  —  Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener …

SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B (Toby Sterling/Reuters)

Toby Sterling / Reuters:
SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B  —  Semiconductor manufacturers will spend a record $400 billion on computer chip-making equipment in 2025-2027 …

Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export (Lizzi C. Lee/Rest of World)

Lizzi C. Lee / Rest of World:
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export  —  China is changing its long-critical stance thanks to the smash hit, according to Chinese game developers and industry analysts.

The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue did not meet needed limits (Katharine Gemmell/Bloomberg)

Katharine Gemmell / Bloomberg:
The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue did not meet needed limits  —  The Competition and Markets Authority said Friday that the tie-up did not qualify for an investigation under merger laws.