Wall Street Battles Banker Burnout & Is OpenAI Really Worth $150B?
Days of working 100+hrs in Wall Street could be over & OpenAI reaches for the stars
Episode 409: Neal and Toby discuss Bank of America's and JPMorgan’s latest efforts to curb young bankers’ hours after increased scrutiny of Wall Street’s history of burnout. Then, Boeing’s new CEO Kelly Ortberg is begging its union to accept a deal to avoid a potentially catastrophic strike for the embattled company. Plus, OpenAI is looking to raise another $6.5B to bring its valuation to a whopping $150B as it launches a new model that is better at “reasoning.” Next, the once sought after gaming industry has faced a tough string of layoffs that is making it lose its luster. Meanwhile, Apple wants to tap into the health industry, starting with its AirPods that now be used as a hearing aid. Lastly, ever wonder what the National Security Agency is up to? Now the confidential agency is airing out all its dirty laundry with the launch of its own podcast. Juicy. Subscribe to Morning Brew Daily for more of the news you need to start your day, share the show with a friend, and leave us a review on your favorite podcast app.
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00:00 - Friday the 13th
02:30 - Bankers Hours Capped
07:15 - Boeing Strike
10:30 - OpenAI $150B Valuation
16:20 - Gaming Industry Layoffs
20:05 - AirPods as Hearing Aids
23:15 - The NSA Launches a Podcast
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