Deals, Chips, Parks & Power Plays

From Silicon Valley to Shanghai, crypto courts to the Magic Kingdom

Quick Peek:

  • OpenAI hires a powerhouse CEO to scale ChatGPT products and maybe monetize like Meta

  • Disney’s Saudi magic: A new theme park and record earnings

  • NVIDIA’s workaround for U.S. export controls may shape AI’s future in China

  • Coinbase grabs a chunk of Deribit, making a move deeper into crypto derivatives

  • DOJ aims to dismantle Google’s ad tech dominance

  • OpenAI might cut Microsoft’s revenue share—what that says about the next funding era

 OpenAI Brings In Fidji Simo

OpenAI has hired Fidji Simo, current CEO of Instacart and former head of Facebook’s app, to lead ChatGPT’s product and operational efforts.

She’s now CEO of Applications, a newly focused division that signals OpenAI’s pivot toward consumer and enterprise use cases—and maybe even advertising.

With experience scaling monetization at Facebook, Simo’s hiring hints at more commercial offerings, suggesting OpenAI is preparing to act less like a research org and more like a competitive tech brand.

So while OpenAI is scaling up product lines, Disney has news…

Disney to Open Abu Dhabi Park As Earnings Beat Expectations

The company announced plans for a new theme park in Abu Dhabi, expanding its EMEA footprint just as quarterly earnings surpassed analyst expectations.

It’s about brand expansion, global experience growth, and doubling down on real-world magic—especially in untapped markets primed for tourism innovation.

Chipmakers are battling on another front altogether…

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