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OpenAI Raises Record-Breaking $6.6B & Jeep Sales Are Plummeting

Morning Brew Daily

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OpenAI's Rise and Stellantis's Struggles

This chapter explores OpenAI's dramatic transition to a for-profit model amid a substantial $6.6 billion fundraising effort and ambitious growth projections. It contrasts this with the challenges faced by Stellantis, an automotive company experiencing a significant decline in sales and internal strife due to mismanagement. Additionally, it discusses a federal antitrust lawsuit in NASCAR, highlighting Michael Jordan's involvement and the financial struggles of team owners amidst thriving league profits.

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