MM133: Did Sam Altman engineer his own exit to gain control of OpenAI?

It's been a remarkable week at Open AI!In a series of unforeseen events, the founder was fired, took a brief stint at Microsoft, and then made a dramatic return to the helm of the company he originally created. This whirlwind of changes begs several questions: What were the reasons behind his initial termination? Who is currently in charge of OpenAI's board of directors? And can we dismiss the possibility that these events were part of a deliberate plan?Meanwhile, in markets, hedge funds that placed their bets against the US and European stock markets are reeling from a staggering $43bn in losses following an unexpected market rally. We delve into the sectors most affected and why. Additionally, we demystify the mechanics of a short squeeze and discuss the inherent risks of relying on algorithmic trading as a guaranteed profit strategy.Black Friday competition to win two fully sponsored places on the AmplifyME Summer Analyst Training Programme https://www.linkedin.com/feed/update/urn:li:activity:7133742770585788417 Hosted on Acast. See acast.com/privacy for more information.