Disruptiv Newsletter: Reddit 🤖 OpenAI 🌟 Google 🔎 and more

Welcome to the Disruptiv newsletter! You're about to get this week's top tech and innovation insight that we saw this week. Enjoy! [disruptivflow-header] Hello FlowBankers Welcome to the Disruptiv newsletter! A weekly aggregate of relevant tech-focused quick takes. Saturday 18th May [Start trading](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_2z2-ZVTW6N1vHY6lZ3m1N6Mc6pCVJgmqW3rQN3p2SprR9VWyD-Y2PZSrDW20v8mf3X5x8vW6_f8mc6wL4FmW9j8Bmd6SrDFPVnVrl54MtN3pW13p8736n9L6SW3q3qqH4YPPdJW4SlH6v3W2vKHW50k2vf2q39kPW3RgVry19YXB9W6W33wS8K0Nd_W8R1HyN32ypwmW3B1Hcj3h0LT0W6TQPRn8pkSWMW7x8FGN7y8d8qW4XWDZ61P6RJ6W6q_X2Z33md18W4JZr6G6jTX6fW6rRXrD5-H-h3W4VB81K9hWxK8f451S2s04) FlowBank tech articles 📚 What it takes to be a scalper [shutterstock_2312951901_Scalper](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_1-2-ZVTW5BW0B06lZ3pQVL9m5286FZlzW8bsd3f7q1dbRVn603g8m5PSYW70Rh5j3J-LXrW75Jf8w9dVl4HW117f5Y85wn3cW2w_Sbk1QsbqPW8jl8lg27FZ55W69jVkG50K0-0W39WsXS5qzL45W89k_1k79C-93N99Vf5JttD5FW5mQqfL3FCb01W6DWbdl3-LXQmW90sn554RB2CJW11l-PY8YPTlZW6yCTrB6YRgwVW1kwlKB87hlYsf3T2HNv04) Scalping is a popular, ultra short-term technical trading strategy, especially popular in the 24-hour forex market. [Read me](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_2g2-ZVTW69sMD-6lZ3nXN1zjPKWbZDzRW1mwFll4LkVgFVG_hZk5bqYzBW7sSgMW2bJm1sW6Ny2fh8FDDDrW3dzRr027sNQxW6k3qxG8C7kdDW2YjkKT640HGLW4Jp17t5y2Bl-W8kc4Gk3JsxvHVwfSS246bq9YN6V1K_Vc1xcPW3zmyGs2LzHT0W4Y-YCn7NPwTLW9kz_R92bkXN0N5Pl61yjdrHsW4f3tXh1jcjc_W1tRtXf2MrjNpW30cbTM5bPq5cW5HDprJ7-My9mdQGL8x04) Big Technology 🍎 - Reddit shares surged 11% after announcing a partnership with OpenAI, allowing the AI company to train its models on Reddit content. The deal includes OpenAI gaining access to Reddit’s API and Reddit offering AI features powered by OpenAI. - OpenAI co-founder Ilya Sutskever announced his departure to work on a personal project. He will be replaced by Jakub Pachocki as chief scientist. This follows recent leadership changes and the launch of OpenAI's new AI model, GPT-4o. - Google introduced new AI models in the Gemini series at its developer conference. The Gemini 1.5 Pro model features an extensive context window and improved processing capabilities for large documents and video content. VC + Startups 🎯 - Tulyp, the one-stop shop software platform digitalizing trade finance based in Paris, has successfully closed a €1.5 million Seed round led by Speedinvest alongside other major investors including Kima Ventures, Purple Ventures and business angels. - HEPHAISTOS-Pharma, a biotechnology company developing next generation immunotherapies against cancer targeting innate immunity to increase the cure rate of patients, has completed its €4.5 million seed round to finance industrialization and advance its lead candidate ONCO-Boost towards the clinic. - Nanordica Medical has raised €1.75 million to enter the market with first-in-class wound care products curing severe wounds. The round was led by Estonian fund Specialist VC, with participation from Superangel and Amalfi. Crypto 👾 - Bitcoin's price is surging, reaching its highest level in three weeks at $65,872. The rise comes after a report showing a slight easing of inflation and significant inflows into Bitcoin ETFs. Dogecoin has also seen a 7% increase in price, following the meme stock rally and the return of Roaring Kitty. - Keith Gill, also known as Roaring Kitty, has sparked a surge of Solana-based meme coins through the pump.fun protocol. Over 14,500 meme coins were launched in a single day, setting a new record. Despite the popularity of these tokens, there is a risk of value plummeting due to "rug pulls." Law and regulation 🕵️ - The Philippines' central bank has approved digital currency exchange Coins.ph to pilot a Philippine Peso-backed stablecoin called PHPC. The stablecoin will be backed by Coins.ph's cash and cash equivalents held in Philippine bank accounts. The pilot program will assess the benefits of the stablecoin in real-world applications and its impact on the existing financial ecosystem. - The European Commission, the EU’s executive body, said it’s investigating whether Meta’s Facebook and Instagram platforms “may stimulate behavioural addictions in children, as well as create so-called ‘rabbit-hole effects’.” The investigation was initiated under the Digital Services Act, a ground-breaking law from the European Commission seeking to tackle harmful content. Disruptiv Figure 📊 Housing and Gas Prices Keep U.S. Inflation Elevated Inflation in the U.S. slightly moderated in April, with the Consumer Price Index (CPI) rising 3.4% year-over-year, down from 3.5% in March. High housing costs and gas prices remain the primary inflation drivers, with shelter costs contributing significantly to core inflation at 3.6%. Shelter costs have increased for 48 consecutive months, highlighting their impact on overall inflation. Despite hopes for a Fed rate cut later this year, the Federal Funds Rate remains steady at 5.25-5.50% since July 2023 after an aggressive tightening cycle. Source: Statista [18344] [INSTAGRAM](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_1-2-ZVTW5BW0B06lZ3pxW4Zfs_73gGJ5-V_lVXL2Rhv-vW2R9b4G1zCMl9W28xYGN7wLjzPW8cyXyx4LM1sPW1XpBWM6PxjgtW24WLQh55Rbf8W4ZCQ3K3Z-d6HW55h5f84v-bjhW5sCkVg78ZmwkW65xXg61xnwHFVDnB-p66sSMRVJL4Cj8CrwmLVL2tyl4jlbTtW1Pkt2P25rrKBW5hsG105K-qV1W4ccPCM8plPCBVKSchC5c1VW5f6sCHKR04)Highlights Click [here](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_1-2-ZVTW5BW0B06lZ3p4W8MLvs279rK8HW3r0GHN4J588bW4PnL1k542wbGW7QgQ-l5MlS5hW5TrChx4Z0kMnW8cjCYH3Mx5fVN4VVVX4JsvcHW4M-rhH3BZwwVW4Qv1w94GR9MsW2hZMHz18BKN3W3553Qw3bZGjHW8WLr968Z1pM1N7Y_nTX-P1yFW6rvFT_2zqq3tW73Xmh588gynHW2-prpB4KmYQrW2RrMj66TkM-fW5hLmPw8TV0HGf3RNDzj04)to see our page. [ambass] Don't forget to... [Start trading](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_2z2-ZVTW6N1vHY6lZ3n0W6pcCHd5K2ct0N1y-dLtyQBSyW8XmFnN2jM7hyW4-ZJG29hGx_bW1L6b4257pCgGW3tFT2S8DXSBTV1BzHC4WhZPJW6YFdrt1nzvC8W3crHR86FL-3GW7D9WXy1_hYm_W5dQB5p78xcsPW5gLvm_8sB9HyW6DrV-Y3lkMcQW2jFhNf8QpM0kW8d2VxV5hJhpZW3S34KL2cyGJCVZhsBy1-YKLlW2pXFst5x_0W3N4Bdl1hngBn9W1pvg1z29GV--VN-C0L1JMkJCN4Vqh6qNbXJQf5Gc33v04) [logoflowbank-tagline] [Contact us](mailto:research@flowbank.com) [Facebook](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_1-2-ZVTW5BW0B06lZ3mmW6bg4nv2nTrf0W3m3C5S6sQydBW8p-wT386WKvQW8DJ6yl8jV3xWW2Kl6k_8XtP4zVv3GPW2mv8kyW2z0pRr5QTXz3W4Y1cq-3-rxNdW2Psy5V1_r8rgW7hNXb-2jZxSjW97qPCw4g_dwBW4bZdJz4NP2vnW9hkrfP2BgXl2W50zQMZ5vdnwtW5PwJ858xtwdTW1LX_1-4g2LFDW6Zb0TF7GTZZYW5lzBWV118HzhdCPJMR04) [LinkedIn](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_1-2-ZVTW5BW0B06lZ3nlW5WDhXL3T1-PPW4QVBhc9jrY8BW1TRtnD2MhW9mW3w371q3r3C2ZW4XDys27SmYRXN3-LXwb6WCQPW6HGjQ75XNcnGW7stxBs3tlC6CVTb4C93LZ1HGW7gqbp32bqG1sW8_j8Tt3BQk-DW19c8G_2lpFlnW17D3zF11gG-lW3VlG2R2fm-vLVc0BcP2dp7BXN42sDBrXMXNKW8gK20S4bdZkbW5-W0dP1bXGjYf8hlxtP04) [X](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_1H2-ZVTW50kgx26lZ3n7W88Y-p57K9NyRW68WJJ84Y18rMW4d0pDB8yxLRwW7Ybj-H4v1mpdW68JYkK6zQTR6W59h-K23-62_1W1LT8bJ7M8Sj5W5HMTfS7sDQftW64yvhn2Sc2wnW8GnRkL4s6Hs3W2QJH4H8X5YDJW7XTh3_24YctFW6MQl4R9l7TcSW8kRPh61gDf0RW1NLsPp4XZ3-VVy1Jk99gCtdVf4xh64M04) [Instagram](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_1-2-ZVTW5BW0B06lZ3pJN3gs8ffrzQnRW17HjgH6Y0gV5W16g4gb4Rzmw5N2Sc2nrDKNx0N5rQ4-DT0DMYW5gQF1t5rCNYZN89_b-_qxv_sW2lHrJg4-7pdWW240wnw5Yb429TFxZz83KNWQW7C64bb10g2jCW3bJDWd27DXQqW5QbJvz1H4QHPW7MmQtf4ljtkxW1GvgVV8k2fJlW5v55mT2drt-TW4dl6nx6d_MqbW13VTKh8H1dBtf27Tfn-04) [Facebook](113/cXx8Z04/VX6CnG6dB3sQW2Gd2737YyPCvW8XrjSc5fcGR6N7Y8_1-2-ZVTW5BW0B06lZ3pyN8Wfk0pXkt_qW7vj2v-5jWB_8W5xLyc78PmQpKW5vkYCM1B25C0W6jZvBK4bjynfW82xxbt2MvvBMW6nDwJC4Px6tyW4BfVZ862pNFBW2zzvdn4MFnJ5W6_wLh75KjC7rW3kh0rK3Q191BW8h2ht41CD2VcW6dbvdr1HNqbcN4Vx9WFzWk67W2DrzBK71rKpWW58nLFV19bDlbW5kYx_y57RDm7W3xqpKV7dvxthf9d1lf204) FlowBank SA, Esplanade de Pont-Rouge 9, P.O. Box 1303, 1211 Geneva 26, Switzerland, +41 (0) 22 888 60 00 [Unsubscribe]( [Manage preferences](