Tech-Mex
AI Search Wars: OpenAI vs. Google + Apple's Ad Backlash & Bitcoin ETF Boom Ep 42 full
May 16, 2024
Season 1
Episode 42
Mando Gomez & Eric Ramirez
Tech & Finance News Update
AI News: OpenAI’s New Search Product
- OpenAI to announce an AI-powered search tool to compete with Google.
- Extends ChatGPT with web info retrieval and citations.
- Announcement likely before Google’s I/O conference.
- Alphabet’s stock fluctuated post-news.
- Rival Perplexity has 10 million users, valued at $1 billion.
Tech Update: Apple’s Controversial iPad Pro Ad
- "Crush!" ad shows industrial press turning objects into iPad Pros.
- Outrage from creative industries and criticism from celebrities.
- Apple apologized, admitting they “missed the mark.”
- iPad Pro starts at $999.
Bitcoin Update: Major Banks Invest in Bitcoin ETFs
- JP Morgan ($731K in BlackRock’s IBIT), Wells Fargo ($142K in Grayscale’s GBTC).
- BNP Paribas and BNY Mellon also investing.
- BlackRock’s IBIT fund growing rapidly.
- Bloomberg’s Eric Balchunas on Bitcoin ETF growth.
Bonus: Get Leverage Like Archimedes
- People: Utilize your time and others'.
- Capital: Real estate, loans, others' money.
- Tech: Use code and media to build influence.
Stay tuned for more updates on AI, tech, Bitcoin, and leveraging resources!