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30 Apr 2023 — 4 min read

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Week Recap:

FOX News and Tucker Carlson have parted ways. Don Lemon announced via Twitter that CNN had terminated him after 17 years of service. Comcast revealed that they and NBCUniversal's CEO, Jeff Shell, agreed to his immediate departure.
US officials have confirmed that the Taliban eliminated the ISIS leader behind the 2021 Kabul airport attack, which resulted in the deaths of 13 US service members.
The United States and South Korea have established a new nuclear agreement. As part of this agreement, the US has pledged to defend South Korea if it faces an attack.
The UK government has halted Microsoft's $69 billion acquisition of Activision Blizzard, a prominent US video game company known for popular titles such as "Call of Duty," "Candy Crush Saga," and "World of Warcraft."
The Chinese Yuan has surpassed the U.S. Dollar in Chinese cross-border transactions, with the Yuan's trade proportion increasing to a record high of 48% (in chinese international payments) at the end of March.
Cigarette smoking in the United States has reached an all-time low. Data from the Centers for Disease Control and Prevention (CDC) reveals that 1 in 9 Americans smoked cigarettes in the past year.
The US Federal Deposit Insurance Corporation (FDIC) is set to take over First Republic Bank after a series of large customer withdrawals.
Alphabet (Google) has approved a $70 billion stock repurchase program, which is notably the same amount as their buyback last April.

Formula 1:

The Formula 1 Azerbaijan Grand Prix takes place at the Baku City Circuit, a street circuit located in the heart of Baku, Azerbaijan's capital. As you read this, the race is ongoing or completed.
Since its debut in 2016, the race has become an iconic fixture on the F1 calendar, known for its unique combination of tight corners, high-speed sections, and unpredictable outcomes.
The 6.003 km (3.730 miles) long track has 20 turns and a mix of narrow, winding sections and long straights characterizing the layout.

OpenAI:

OpenAI, the company behind the AI model ChatGPT, has raised over $300 million from VC firms like Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive, and K2 Global.
This funding, which values OpenAI at $27-29 billion, is separate from Microsoft's $10 billion investment earlier this year. With the new investments, external investors now own over 30% of OpenAI.
OpenAI has been receiving significant attention lately, particularly for its GPT (Generative Pre-trained Transformer) and ChatGPT models. These models are widely utilized by third parties through APIs, providing natural language understanding and generation capabilities.

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