🎲 Bing! Microsoft's $10B ChatGPT Bet
Yuga Labs' free mint, Mastercard, Moonbirds and more hot news 🥵
Gm tech enthusiasts,
2022 has been a transformational year for our world. Old NFTimers know that before the summer I covered the news industry-based. When bear market made news a bit slower, I switched to Headlines to give more in depth information about the stories.
But I want to hear from you. I put up two polls just below, before the news. Vote on what you’d want to see more of, and feel free to give me feedback here.
Let’s dive in.
Headlines 📰
Google’s CODE RED. 🧯
Remember Bing? After investing $1B in 2019, Microsoft is preparing to take a $10 billion stake in OpenAI that would put the lab's valuation at $29 billion.
Microsoft has already started to integrate ChatGPT into Bing, which has the potential to take a significant bite out of Google’s ad revenue. The new version of Bing will use ChatGPT to answer search queries. They are planning to use OpenAI’s tools in their Office suite as well: from using algorithms to draft emails or call in sick for you, to using Dall-E image generation in PowerPoint.
Google reportedly declared a “code red” over ChatGPT’s threat to its search dominance. But they won’t immediately launch their own rival because of “reputational risk” due to bias and factuality.
Mastercard’s Music Move. 🎶
Mastercard is launching a web3 accelerator program for music artists in spring 2023, which will focus on using web3 technology to help emerging musicians, DJs, and producers grow their brand. This includes creating NFTs, interacting with a virtual community, and performing in the metaverse. Fans will also be able to get involved through the Mastercard Music Pass, an NFT that grants access to web3 music educational resources.
Game Time. 🕹️
Yuga Labs will be dropping a skill-based NFT for gamification. They announced an expansion to its NFT ecosystem that starts with a free mint and a skill-based game. The drop begins on Jan. 17 with a free mint for existing BAYC/MAYC holders called Sewer Passes. Holders will then use those passes to access a skill-based game called Dookey Dash, which opens for gameplay on Jan. 18. Holders can play an unlimited time until Feb. 15th. You can read a long explanation of the mechanics of the game here.
Speed Round 🕺
Moonbirds signed with Hollywood Talent Agency.
SuperRare will be laying off nearly 30% of its staff.
Alameda Research related crypto wallet received $30M in USDC.
Moonpay just partnered with Mintable to push the ImmutableX NFT platform.
Grammy award winner A.R. Rahman just announced KATRAAR, an upcoming musical metaverse.
Coinbase lays off 20% of staff, totaling to 2000 since June 2022.
SBF starts a newsletter.
Joe Ranzenbach has joined the Doodles team full time as their head of product management.
Rejell is launching a series of 40 photographs with 50% of revenues going to climate funds.
Microsoft is giving its US employees unlimited time off.
Game of Thrones: Build Your Realm minted yesterday on NIFTY but the artwork reveal left a Kevin moment.
The Sandbox launches its first “green metropolis” called Metagreen.
Azuki is building its own virtual city, which looks so peaceful that I kinda wanna live there.
Tweet Check. 🐦
Reading List. 📚
To Watch. 📺
-Aleyna
Disclaimer: Investing in NFTs comes with inherent risk including technical risk, human error, platform failure and more. This newsletter is strictly educational and nothing we offer is financial advice. We are not professionals or licensed advisors. Views my own and not any other company I’m affiliated with.
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