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Here's your morning TNB Tech Minute for Monday, March 23rd.
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I'm Danny Lewis for The Wall Street Journal.
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We exclusively report that OpenAI has hired a former top meta executive to lead its push
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Dave Dugan, who said earlier this month he was stepping down from his role at the social
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media giant, has been appointed Vice President of Global Ad Solutions at OpenAI.
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The high profile higher underscores the chat GBT makers urgent push to generate new revenue
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streams to support its enormous funding requirements for artificial intelligence projects and
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Entering the digital ad market, where meta is a juggernaut that generated nearly $200
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billion in ad revenue last year, marks a significant strategic shift for the AI company.
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News Corp, owner of The Wall Street Journal, has a content licensing partnership with OpenAI.
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Nvidia and Emerald AI say they plan to work with several power companies to develop a new
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class of AI-powered factories designed to connect to energy grids faster, while supporting
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power systems amid surging electricity demand.
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The company said the future facilities would use so-called flexible energy assets, supporting
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power grids by modulating consumption and leveraging on-site generation and storage.
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Nvidia and Emerald AI's executives said flexible operation could help unlock additional capacity
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on the U.S. grid by reducing the need to build infrastructure designed for peak energy
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And we exclusively report that a bipartisan pair of U.S. senators will introduce legislation
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banning sports betting from prediction markets.
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The bill would bar entities regulated by the commodity futures trading commission, including
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Kalshi and Polymarket's U.S. platforms, from listing contracts related to sports events.
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It's the first bipartisan bill seeking to regulate prediction markets.
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While Kalshi and Polymarket offer yes or no wagers tied to everything from politics to
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the weather to pop culture, much of the trading activity is focused on professional
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and college sports, putting the platforms in competition with betting sites like Fandule
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Polymarket has a data partnership with Dow Jones, the publisher of the Wall Street Journal.
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That's your TNB Tech Minute.
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Join us again this afternoon for more.