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Happy Wednesday!

Time to peek behind the AI curtain with Shutterstock and OpenAI, crack the crypto code with some Game Theory wisdom, and hitch a ride on Microsoft's mega-billion bandwagon.

In today’s Morning Mashup:

Read time: 4 minutes

📷 AI Magic: Shutterstock & OpenAI Reshape Creativity

Shutterstock and OpenAI are at it again, extending their handshake even further to develop new generative AI tools.

Imagine being able to conjure up images, videos, and even text, all powered by AI.

These creative tools will be built on the foundation of OpenAI's GPT-3 and DALL-E 2 models, two titans in the AI realm.

Shutterstock, with its immense collection of images and videos, will be the training ground for these models, while OpenAI will bring its AI research to the table.

The ultimate goal here?

To pave the way for people to generate top-notch content with the assistance of AI. Shutterstock customers are in for a treat, but the good news doesn't stop there – these tools will be accessible to everyone. So, we're looking at a game-changer that's going to democratize the content creation landscape.

But let's pause for a moment and consider the implications of this dynamic duo's efforts.

We're witnessing a major leap in the generative AI field that could ripple across various industries like marketing, advertising, and design, drastically reshaping the way we create content. It's clear as day that the buzz around generative AI is growing among both businesses and consumers, and it's partnerships like these that are fueling the innovation.

Personally, I'm excited about what's cooking between Shutterstock and OpenAI. Their combined resources and expertise are the perfect recipe for revolutionizing content creation.

🧩 Game Theory: The Secret Key to Crypto Success

Today’s topic is behavioral game theory in the cryptocurrency space.

Now, if you're new to this party, the game is all about how we humans behave when faced with strategic decisions.

And game theory?

Well, that's where we study how people actually act in these situations, rather than how textbooks tell us we're "supposed" to.

You know those days when you're feeling on top of the world, so you go all in on that new crypto coin?

Or those moments when the market takes a dip and you're offloading coins faster than a Vegas slot machine?

That's what we're talking about here. Behavioral game theory gets down to the nitty-gritty of why we trust familiar exchanges, stick with well-reputed traders, and - let's face it - occasionally make decisions that would make any rational economist facepalm.

In the world of cryptocurrencies, game theory becomes particularly relevant as the whole environment is decentralized. There's no central authority to regulate interactions or impose rules. Therefore, understanding how individuals might respond to each other's actions can be crucial to predict market trends and make effective investment decisions.

Now, why should we care?

Well, understanding this could be our golden ticket. It's like a secret map, guiding us toward more effective investment strategies and healthier interactions within the crypto community. As we continue to venture into this exciting and unpredictable landscape, learning how to navigate the highs and lows of the market with a dose of behavioral science could make all the difference.

So, don't underestimate the power of your emotions or gut feelings; they're not just whims, they're part of a grander behavioral pattern.

Unpacking this and harnessing it could be the key to your next successful crypto investment.

💰 15-Minute $38M Miracle: Azuki's NFT Triumph

If you've been tracking the crypto space, you probably heard the rumble as Azuki, the powerhouse from Chiru Labs, shook things up with their latest NFT drop.

Despite the overall market mood being a bit chilly, Azuki came in like a wildfire, sparking $38 million worth of Ethereum to change hands in a blink-and-you-missed-it 15-minute frenzy. This feat was achieved with the sale of 10,000 Azuki Elementals NFTs, all of which were grabbed up before you could even say "public sale". Plus, they didn't forget their loyal fanbase, dropping another 10k Elementals to the existing Azuki NFT holders.

Talk about rewarding loyalty!

Azuki has always been a crowd-puller.

Since its debut in 2022, it's chalked up a cool $1 billion (yes, billion with a 'b') in secondary trading volume, making it the success story of the year. Not just that, their Beanz collection isn't far behind either, tallying up $276 million in trades.

With this kind of track record and their innovative approach to rewarding their community, Azuki seems to be redefining the game.

🎮 Microsoft's $68.7B Win: Activision Deal Moves Forward

Microsoft is one step closer to scoring a huge win in its bid to acquire Activision Blizzard, following a landmark court decision handed down yesterday, July 11, 2023.

Despite the FTC trying to play spoiler, claiming the $68.7 billion deal would leave the gaming market bruised and battered, US District Judge Jaqueline Scott Corley has called foul on that.

In her view, the FTC didn't quite manage to convince her that a Microsoft-Activision powerhouse would unfairly sideline Sony's Call of Duty or throw a wrench in the overall video game library subscription and cloud gaming markets.

Microsoft's response?

Well, they're doing a victory lap, obviously. They're "grateful" to the court for showing them some love.

Xbox head honcho Phil Spencer gave the deal two thumbs up, saying it’s a win-win for the gaming industry, and the FTC's worries about console switching, multi-game subscription services, and the cloud are more fantasy than reality.

The FTC, on the other hand, is feeling pretty blue about the whole thing, but they're not out for the count yet. They're prepping for round two: an antitrust trial slated for August 2. They might have lost the chance to slap a temporary injunction on the deal, but they're not throwing in the towel.

The deal is still waiting on the green light from regulators in other countries, including the UK, where things are looking a bit tricky.

So, Microsoft might have scored a goal here, but there's still a lot of match to play.

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Information overload.

That’s all for now!

If you have any interesting projects or ideas please reach out to us by responding to this email or by sending us a DM on Twitter: @DerikVasquez & @MorningMillionaire

As always, thank you for your time, and see you soon.