Buy Gunnar's optimism bonds. Protect your rights to opportunities with optimism. Gunnar ✌️ ---------- Forwarded message --------- From: The Information <hello@theinformation.com> Date: Wed, Nov 13, 2024, 10:50 AM Subject: OpenAI shifts strategy, Trump fuels defense tech optimism, and Blackstone’s consumer bet challenges: this week’s top news To: <g@xny.io> Don’t miss a major story from The Information. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ November 13, 2024 This Week's *Top News* <https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNVFCQVpNbU0xZk5sTVZxYnZNLUFQUk15UT09IiwiaHJlZiI6Imh0dHBzOi8vd3d3LnRoZWluZm9ybWF0aW9uLmNvbS8_Y2lvX2xpbmtfaWQ9Q0lPLS1MSU5LSURcdTAwMjZ1dG1fY2FtcGFpZ249TGVhZHMlM0ErTWlkd2VlaytEaWdlc1x1MDAyNnV0bV9jb250ZW50PTU5OThcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsXHUwMDI2dXRtX3NvdXJjZT1jaW9cdTAwMjZ1dG1fdGVybT00MDk0IiwiaW50ZXJuYWwiOiJhMmQxMDY1MGVjZDkwMWVkOTc5NDAxIiwibGlua19pZCI6MTQ4fQ/5baa6f1dc2f68156940471e72ca17a373b8c8bfd760b69fac7be3f66174af0c8> The people, companies and breakthroughs driving *tech* and *finance* <https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNVFCQVpNbU0xZk5sTVZxYnZNLUFQUk15UT09IiwiaHJlZiI6Imh0dHBzOi8vd3d3LnRoZWluZm9ybWF0aW9uLmNvbS8_Y2lvX2xpbmtfaWQ9Q0lPLS1MSU5LSURcdTAwMjZ1dG1fY2FtcGFpZ249TGVhZHMlM0ErTWlkd2VlaytEaWdlc1x1MDAyNnV0bV9jb250ZW50PTU5OThcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsXHUwMDI2dXRtX3NvdXJjZT1jaW9cdTAwMjZ1dG1fdGVybT00MDk0IiwiaW50ZXJuYWwiOiJhMmQxMDY1MGVjZDkwMWVkOTc5NDAxIiwibGlua19pZCI6MTQ4fQ/5baa6f1dc2f68156940471e72ca17a373b8c8bfd760b69fac7be3f66174af0c8> Catch up on this week’s latest news: - *OpenAI has shifted its strategy <https://e.customeriomail.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>* as the rate of ‘GPT’ artificial intelligence improvements slows down. - Trump’s election as president has *fueled optimism about the defense tech sector <https://e.customeriomail.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>*, despite growing concerns of a bubble in defense startups. - *Blackstone’s consumer bets are languishing <https://e.customeriomail.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>*—reflecting a tough reality for investors that bet big on buzzy brands in 2021. *Tech News* <https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNVFCQVpNbU0xZk5sTVZxYnZNLUFQUk15UT09IiwiaHJlZiI6Imh0dHBzOi8vd3d3LnRoZWluZm9ybWF0aW9uLmNvbS9hcnRpY2xlcy9vcGVuYWktc2hpZnRzLXN0cmF0ZWd5LWFzLXJhdGUtb2YtZ3B0LWFpLWltcHJvdmVtZW50cy1zbG93cz9vZmZlcj1taWR3ZWVrLWRpZ2VzdC1hbm51YWxcdTAwMjZjaW9fbGlua19pZD1DSU8tLUxJTktJRFx1MDAyNnV0bV9jYW1wYWlnbj1MZWFkcyUzQStNaWR3ZWVrK0RpZ2VzXHUwMDI2dXRtX2NvbnRlbnQ9NTk5OFx1MDAyNnV0bV9tZWRpdW09ZW1haWxcdTAwMjZ1dG1fc291cmNlPWNpb1x1MDAyNnV0bV90ZXJtPTQwOTQiLCJpbnRlcm5hbCI6ImEyZDEwNjUwZWNkOTAxZWQ5Nzk0MDEiLCJsaW5rX2lkIjozMjk1NX0/706936626749174848ecc7a3cdd396ab6adabd5629a854f3fe0a4f1a286f6ebe> Exclusive OpenAI Shifts Strategy as Rate of ‘GPT’ AI Improvements Slows <https://e.customeriomail.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> By Stephanie Palazzolo, Erin Woo and Amir Efrati <https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNVFCQVpNbU0xZk5sTVZxYnZNLUFQUk15UT09IiwiaHJlZiI6Imh0dHBzOi8vd3d3LnRoZWluZm9ybWF0aW9uLmNvbS9hcnRpY2xlcy9nb29kYnllLWdwdC1oZWxsby1yZWFzb25pbmctbz9vZmZlcj1taWR3ZWVrLWRpZ2VzdC1hbm51YWxcdTAwMjZjaW9fbGlua19pZD1DSU8tLUxJTktJRFx1MDAyNnV0bV9jYW1wYWlnbj1MZWFkcyUzQStNaWR3ZWVrK0RpZ2VzXHUwMDI2dXRtX2NvbnRlbnQ9NTk5OFx1MDAyNnV0bV9tZWRpdW09ZW1haWxcdTAwMjZ1dG1fc291cmNlPWNpb1x1MDAyNnV0bV90ZXJtPTQwOTQiLCJpbnRlcm5hbCI6ImEyZDEwNjUwZWNkOTAxZWQ5Nzk0MDEiLCJsaW5rX2lkIjozMjk1OH0/24ed61c41ce73f6e0d3b8bdc2fd6d0e4a07cea9a93c9a4de9d59ec4c56d658e2> AI Agenda Goodbye, GPT. Hello, Reasoning ‘O’ <https://e.customeriomail.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> By Amir Efrati *Finance News* <https://e.customeriomail.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> Exclusive Blackstone’s Spanx and Supergoop Bets Are Stuck in Low Gear <https://e.customeriomail.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> By Ann Gehan and Cory Weinberg <https://e.customeriomail.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> Exclusive Citi Cut Off Temu Payments After Visa Raised Concerns <https://e.customeriomail.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> By Michael Roddan and Qianer Liu <https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNVFCQVpNbU0xZk5sTVZxYnZNLUFQUk15UT09IiwiaHJlZiI6Imh0dHBzOi8vd3d3LnRoZWluZm9ybWF0aW9uLmNvbS9hcnRpY2xlcy93YWxsLXN0cmVldC1maW5hbGx5LWZvcmdpdmVzLW11c2stZm9yLXR3aXR0ZXI_b2ZmZXI9bWlkd2Vlay1kaWdlc3QtYW5udWFsXHUwMDI2Y2lvX2xpbmtfaWQ9Q0lPLS1MSU5LSURcdTAwMjZ1dG1fY2FtcGFpZ249TGVhZHMlM0ErTWlkd2VlaytEaWdlc1x1MDAyNnV0bV9jb250ZW50PTU5OThcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsXHUwMDI2dXRtX3NvdXJjZT1jaW9cdTAwMjZ1dG1fdGVybT00MDk0IiwiaW50ZXJuYWwiOiJhMmQxMDY1MGVjZDkwMWVkOTc5NDAxIiwibGlua19pZCI6MzI5NjB9/0f540ca9d910e76b62a6fa03c62983a9126ba1e5da7e9f8ddd055c661a999025> The Briefing Wall Street Finally Forgives Musk for Twitter <https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNVFCQVpNbU0xZk5sTVZxYnZNLUFQUk15UT09IiwiaHJlZiI6Imh0dHBzOi8vd3d3LnRoZWluZm9ybWF0aW9uLmNvbS9hcnRpY2xlcy93YWxsLXN0cmVldC1maW5hbGx5LWZvcmdpdmVzLW11c2stZm9yLXR3aXR0ZXI_b2ZmZXI9bWlkd2Vlay1kaWdlc3QtYW5udWFsXHUwMDI2Y2lvX2xpbmtfaWQ9Q0lPLS1MSU5LSURcdTAwMjZ1dG1fY2FtcGFpZ249TGVhZHMlM0ErTWlkd2VlaytEaWdlc1x1MDAyNnV0bV9jb250ZW50PTU5OThcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsXHUwMDI2dXRtX3NvdXJjZT1jaW9cdTAwMjZ1dG1fdGVybT00MDk0IiwiaW50ZXJuYWwiOiJhMmQxMDY1MGVjZDkwMWVkOTc5NDAxIiwibGlua19pZCI6MzI5NjB9/0f540ca9d910e76b62a6fa03c62983a9126ba1e5da7e9f8ddd055c661a999025> By Martin Peers <https://e.customeriomail.com/e/c/eyJlbWFpbF9pZCI6ImRnU2kwUVlEQU8yWGxBSHNsNVFCQVpNbU0xZk5sTVZxYnZNLUFQUk15UT09IiwiaHJlZiI6Imh0dHBzOi8vd3d3LnRoZWluZm9ybWF0aW9uLmNvbS9hcnRpY2xlcy93aHktYnl0ZWRhbmNlLWlzLWEtYmFyZ2Fpbj9vZmZlcj1taWR3ZWVrLWRpZ2VzdC1hbm51YWxcdTAwMjZjaW9fbGlua19pZD1DSU8tLUxJTktJRFx1MDAyNnV0bV9jYW1wYWlnbj1MZWFkcyUzQStNaWR3ZWVrK0RpZ2VzXHUwMDI2dXRtX2NvbnRlbnQ9NTk5OFx1MDAyNnV0bV9tZWRpdW09ZW1haWxcdTAwMjZ1dG1fc291cmNlPWNpb1x1MDAyNnV0bV90ZXJtPTQwOTQiLCJpbnRlcm5hbCI6ImEyZDEwNjUwZWNkOTAxZWQ5Nzk0MDEiLCJsaW5rX2lkIjozMjk2MX0/27081e5de02290d10b50ccbc8b467a7b592ba430c17fe21961211ecf56aa43f6> The Briefing Why ByteDance is a Bargain 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