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Last week's highlights

Snacks / Monday, August 21, 2023
  • NYTvGPT: The New York Times is considering a copyright suit against OpenAI that could be the biggest AI legal battle yet, NPR reported. As trust in the tech wanes, companies are being more cautious about how they use it. 

  • EVin: After its SPAC debut, EV maker VinFast’s valuation sped past GM and Ford, but has since fallen. SPAC’d EV startups like Lordstown Motors and Nikola have seen values drop 90%+ as the crowded lot fills up.

  • Unbound: China’s reopening — expected to net a huge economic rebound — has gone from meh to worse. Youth unemployment hit a record 21% in June, and US multinationals have reported hits to their China earnings.

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