Google’s big mistake, Walmart’s layoffs, OpenAI’s new ChatGPT: Business news roundup
Google made a big mistake recently. The company accidentally erased the private Google Cloud account of a $125 billion Australian pension fund, UniSuper.
OpenAI announced its new flagship model ChatGPT-4o — an AI chatbot that can see, hear, and have real-time conversations.
The company said in its announcement that ChatGPT-4o is 50% cheaper and twice as fast as GPT-4 turbo. It’s making the new model available to all users, bringing “GPT 4 class intelligence” to free customers. Paid users will still have up to five times the capacity limits.
It may take a weight loss pill for Eli Lilly to finally meet demand for its popular anti-obesity medications, according to Eli Lilly’s top leader on weight loss drugs.
The latest Boeing plane running into turbulence? It belongs to Donald Trump. The former U.S. president’s private Boeing 757 ran into another plane on the runway at West Palm Beach International Airport.
Secretary of Transportation Pete Buttigieg is calling out airlines for suing to block a new rule from the Biden administration meant to provide more transparency around fees airlines charge passengers.
Nvidia stock has all-time closing high in its crosshairs
The AI chipmaker’s stock is up a whopping 226% over the last 12 months
Squarespace going private in $6.9 billion deal with Permira
The website-building platform’s stock popped 13% on the news it will leave the public market in an all-cash takeover deal with private equity firm Permira
