Wednesday, Feb. 21st

5 Things You Need To Know Today

February 21, 2024

Happy Wednesday CEO!

These 5 things happened while you were growing your empire…

1. 🥵 ChatGPT Melted Down

OpenAI’s ChatGPT took a whacky turn last night and started giving users what looked like gibberish with a splash of Spanglish. There doesn’t appear to be an explanation yet. Read more here.

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2. ⬇️ Rivian Stock Plummeted

Electric vehicle manufacturer Rivian announced it was laying off 10% of its salaried workforce, sending shares falling by more than 15%. The EV market is facing serious troubles this year. Read more here.

3. 🔥 Nvidia Blew Expectations Away

As the AI wave continues, Nvidia is riding it all the way to the bank. Shares rallied after it reported $22 billion in Q4 revenue, beating Wall Street's already high expectations. Read more here.

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4. 😬 Feds (Still) Worried About Inflation

All eyes have been on inflation data to see if interest rates will ever drop. According to some recent minutes, officials are still concerned that the recent cooling of inflation will come to an end. Read more here.

5. 🤖 Google Adds AI To Workspace

Google has added its Gemini AI features to enterprise Workspace plans, but it’s not cheap. It’s an extra $20, per user, per month, with annual commitments. Read more here.

Bonus. CEO Tip Of The Day

After so many layoffs, there’s a lot of talent out there looking for new work. Here’s how to effectively recruit them.

Did you learn something new or impactful?

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