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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…
