Table of Contents

• Bitcoin Is Soaring This Year. Goldman’s Crypto Ske …

• Arctos Partners: A $4.1 Billion Bet On Sports?!

• Top Tickers

• For Data-Guzzling AI Companies, The Internet Is To …

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Bitcoin Is Soaring This Year. Goldman’s Crypto Skeptic Isn’t Biting.

Sharmin Mossavar-Rahmani is known for her blunt opinions and bitcoin skepticism

In the midst of Bitcoin's staggering 64% surge this year, Goldman Sachs Wealth Management's CIO, Sharmin Mossavar-Rahmani, stands firm in her skepticism. With a 23-year legacy of guiding investment strategies, her stance raises eyebrows, especially as giants like BlackRock and Fidelity embrace the crypto wave. Mossavar-Rahmani, known for her candid insights, likens the crypto frenzy to historic bubbles, asserting that cryptocurrencies lack intrinsic value due to their inability to generate earnings, cash flow, or dividends. Her unique perspective, shaped by her background and experiences, adds a compelling layer to the ongoing debate about the place of digital currencies in investment portfolios. As the market evolves, her contrarian view serves as a critical reminder of the complexities surrounding crypto investments.

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Arctos Partners: A $4.1 Billion Bet On Sports?!

It’s more than a bet!

“Arctos was purpose-built to bring more than just capital to our partner teams, leagues and businesses,” said Ian Charles, co-founder and co-managing partner of Arctos. “By using data science-backed insights paired with deep operational and domain expertise, we are proud to be a trusted partner for major sports franchises and limited partners seeking access to this robust and durable industry. We are all very grateful for the support of our investors and the leagues, owners and operators who have chosen to partner with us.”

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Top Tickers

Some of the most active and relevant securities and quotes

For Data-Guzzling AI Companies, The Internet Is Too Small

Firms such as OpenAI and Anthropic are working to find enough information to train next-generation artificial-intelligence models

In an age where data is the new oil, AI behemoths like OpenAI are facing an unprecedented challenge: the Internet's data reservoirs are proving too shallow for their ambitious AI models. The insatiable appetite for high-quality data to train sophisticated AI systems is outstripping supply, signaling a potential bottleneck in AI's evolution. With alternatives like AI-generated data posing risks of 'model collapse', the race is on to discover innovative training methods and untapped data sources. The implications of this data crunch are vast, impacting not just AI development but the broader tech landscape. As AI continues to intertwine with every facet of our digital lives, the quest for a sustainable data ecosystem has never been more critical. Are we on the brink of a data innovation renaissance? Let's discuss.

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