Oct 17, 2025

I recently came across news regarding OpenAI’s business plans and revenue model. It seems that the company, despite not having made any revenue yet, has ambitious plans to generate income once they have built a generally intelligent system. The concept of creating an artificial superintelligence to generate an investment return is intriguing, but the cost of building such a system is estimated to be in the trillions, requiring a shift towards debt partnerships and fundraising to meet their funding commitments.

Additionally, OpenAI is exploring new revenue lines, including debt partnerships, fundraising, and plans to serve governments and businesses with bespoke products. They are also considering cashing in on intellectual property, developing new AI infrastructure, venturing into online advertising, and launching consumer hardware products. These efforts are part of a five-year plan to fulfill their spending commitments.

Moreover, the financial industry recently witnessed the launch of the 24X National Exchange, offering 23-hour weekday trading of U.S. equities, catering to the growing demand for extended-hours trading among global investors. This initiative aims to provide increased flexibility for trading strategies and improved liquidity, particularly for investors in Asian regions where traditional U.S. market hours may be challenging to access.

Lastly, the news touched upon the concept of insider trading, highlighting the importance of information incorporation into asset prices and the role of hedge fund analysts in seeking legal edges to understand companies quickly and deeply. This includes techniques like web scraping for material news on company websites, emphasizing the competitive nature of finding various edges to enhance market efficiency.

I recently came across a news article discussing the alleged insider trading in football prediction markets and Nobel Prize prediction markets. The article shed light on how an individual used web scraping to monitor the Nobel Prize website for any new information before it was publicly announced. This individual noticed a new image uploaded to the website before the official announcement, suggesting that non-insider trading based on public information is possible and lucrative.

Stay Well!