The Pulse by Augment
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Introducing The Pulse by Augment

Introducing The Pulse by Augment

Adam Valenta
March 07, 2024

Good Afternoon! Today is a big day. We are excited to bring you The Pulse by Augment for the first time. We’ve got more exciting things in store for our readers and users of Augment so stay tuned.

What to expect from The Pulse

Private Markets News and Current Events

Mostly Elon Musk these days and who he’s going to fight in the ring (Mark Sam), IPO’s, Massive or not so massive (but exciting) Fundraises, and other weekly events.

Private Market Reports and Updates

Everyone is always asking… How's the market doing? Are we in a recession or did Joe Biden just mispronounce Succession (his fav TV show at the nursing home)? Things can get lost in the sauce so we are here to clear things up for you.

Augment upcoming events

It speaks for itself - be there or be square… but seriously you don’t want to miss out on these events we host with top tier people.

TL;DR

Elon has filed suit against OpenAI claiming that OpenAI has strayed from its original mission.
OpenAI fires back at Elon with some juicy emails.
Bitcoin has reached an all time high (again)!
U.S. legislators press for ByteDance to sell off TikTok or risk ban.
Private Markets Deep Dive from Velvet
Augment Demand Tracker

Elon VS. Twitter Mark Zuckerberg Judge Kathaleen St. Jude McCormick OpenAI

Elon Musk is suing Microsoft-backed OpenAI and its CEO, Sam Altman, among others, alleging they abandoned the company’s founding mission to develop artificial intelligence “for the benefit of humanity broadly.

OpenAI was initially not available for comment but came back with a few zingers of their own (juicy email content).

Full CNBC article here and post from OpenAI here

Bitcoin has reached an all time high (again)

On Tuesday, Bitcoin reached a new high, spurred by investments in U.S. spot exchange-traded crypto products and expectations of decreasing global interest rates. The cryptocurrency surpassed its previous record, set in November 2021, achieving a peak of $69,202. This surge in value follows the SEC's approval of 11 spot bitcoin ETFs, sparking heightened investor interest. However, Bitcoin's price later dropped by about 7% to $63,400 but was back up again on Wednesday to $67,500.

Read the full article here

U.S. lawmakers push for ByteDance to divest TikTok or face ban

On Tuesday, a bipartisan group of U.S. lawmakers proposed a bill requiring ByteDance to sell TikTok within six months or face a ban, addressing national security worries linked to its Chinese ownership. This marks a notable legislative effort to either ban TikTok or force its divestiture, following a previous attempt that was hindered last year due to TikTok's extensive lobbying.