OpenAI Raises Record-Breaking $6.6B & Jeep Sales Are Plummeting

Episode 423: Toby and Kyle discuss OpenAI’s massive $6.6B funding round, which makes it the largest VC deal of all-time. Then, Chrysler and Jeep owner Stellantis posts weak sales that is not only upsetting shareholders but car dealers who’ve been holding its cars that no one is buying. Plus, Michael Jordan is taking on NASCAR with an antitrust lawsuit alleging the car league is making sure it stays dominant. Meanwhile, Toby will be sharing numbers on nonalcoholic champagne and politicians love their steak. Kyle shares numbers behind the partnership between SpongeBob and Wendy's. Lastly, Target launches innovative shoes that grow with your feet, Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. To learn more about how Wise could work for your business, visit https://wise.com/business/ Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Mean Girls Day 02:45 - OpenAI Fundraising 07:30 - Stellantis Struggles 10:50 - MJ vs Nascar 15:30 - Toby’s Tallies 21:40 - Kyle’s Kalculations 24:10 - Expanding Shoes Learn more about your ad choices. Visit megaphone.fm/adchoices