Wall Street’s biggest banks are reminding staff not to use of OpenAI’s ChatGPT chatbot at work out of concern that doing so may inadvertently breach record keeping rules, Bloomberg reported on Friday. JP Morgan, Bank of America, Citi, Goldman Sachs and Wells Fargo, among others, have in recent days warned employees not to use unapproved third party software for work purposes, which includes...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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