Business
HUL, ONGC, Bank of Baroda, Bajaj Auto, OIL, Reliance Industrial, Asian Paints stocks in focus on F&O expiry
The BSE Sensex and Nifty 50 are likely to open in the red on Thursday, the day of the weekly F&O expiry. Nifty futures were down 72 points, or 0.40%, at 17,905.50 on the Singapore Exchange. In the previous session, the S&P BSE Sensex closed 656 points or 1.08% lower at 60,098, while the broader NSE Nifty 50 closed 174 points or 0.96% lower at 17,938. Volatility could be the hallmark of trading today, analysts say. Sentiment continues to remain subdued after yesterday’s huge losses, and most importantly, the decline shows that the pretty bulls are vulnerable. “Technically, Nifty needs to hold above 17,900 in today’s trade for a meaningful recovery. Only above the nice 18,389 mark will the technicals turn positive and bullish. Nifty’s intraday resistance is at The 18187 mark. Or, if the Nifty falls below the 17900 mark, expect the sell-off to emerge,” said Prashant Tapse, vice president (research) at Mehta Equities.
Complete News Source : Financial Express
Business
OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT
The previous owner of the domain turned out to be Dharmesh Shah, founder and CTO of software company HubSpot
OpenAI has bought the domain chat.com. Clicking on it automatically routes you to the ChatGPT website.
The AI giant’s CEO Sam Altman announced this on Thursday, November 7, 2024, by simply posting the URL on X (Formerly Twitter) without any description or reasoning.
Altman’s post has already gotten over 3 million views and nearly 15k likes. The domain purchase is likely part of a rebranding effort.
The domain’s previous owner turned out to be Dharmesh Shah, founder and CTO of software company HubSpot. Shah announced this in posts on X and LinkedIn.
In his post, he detailed how he had purchased the domain for $15.5 million earlier this year and sold it later to an undisclosed (at that time) buyer.
“Well, in an 8 character tweet (talk about brevity), Sam Altman, the CEO of OpenAI revealed that they were the buyer,” he wrote. ”If you visit the website now, it goes to ChatGPT.” Shah wrote he was not at liberty at that time to share who the acquirer was as he was “going to leave that to them, when they were ready.”
He then went on to share GPT o1 prompt which reasoned the entire episode. “When he does sell a domain, it’s almost never at a loss,” and “Dharmesh doesn’t like profiting off of people he considers friends,” the prompt read, which could mean he did sell it for more than the $15.5 million he bought it for, since it also says he doesn’t like referring to himself in the third person.
However, its also indicated he got compensated in OpenAI shares since the prompt reads that he “always wanted to own OpenAI shares,” that “he doesn’t need the cash from a domain sale,” and that “he made a non-humble brag earlier this year that he’s now an investor in OpenAI.”
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