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OpenAI wants to raise 5-7 trillion dollars. Yes, Trillion (decrypt.co)

OpenAI CEO Sam Altman is in talks with investors, including from the United Arab Emirates, to raise between $5 trillion to $7 trillion in funding. The goal, according to a report in The Wall Street Journal, is to increase the world's chip manufacturing capacity and enhance AI capabilities....

Trump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic | CNN Business (edition.cnn.com)

Trump Media & Technology Group, the owner of struggling social media platform Truth Social, is began its long-delayed journey as a public company at Tuesday’s opening bell under the ticker symbol “DJT.”...

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