Sam Altman just sounded the alarm. In an internal memo circulated Monday, OpenAI’s CEO declared a “code red,” the company’s highest urgency designation, ordering employees to drop everything and fix ChatGPT. The memo’s details were initially revealed by The Information. The development came as Google’s Gemini 3 surged past OpenAI on key benchmarks last month,
Monday’s proceedings at the Delhi High Court placed Apple’s challenge to India’s global turnover penalty rule at the centre of a widening competition dispute. The court examined Apple’s request to prevent the Competition Commission of India from taking coercive steps while the company contests a rule that allows penalties to be calculated on worldwide revenue.
The US stock market ended November on a softer footing than history would typically suggest, with the S&P 500 down by 0.6% over the month as of Friday. The decline places the benchmark index on course for its weakest November showing since 2021, according to Dow Jones Market Data, marking an atypical break from a
Tesla trades just shy of a $1.3 trillion market cap. And with shareholders now greenlighting an eye-popping pay package for Elon Musk, a central question looms larger than ever: how much of that market value is anchored in Tesla’s business fundamentals, and how much is simply the “Musk premium”? With voices from Wall Street to
These days, nearly every part of our financial lives runs online. One login takes you to your bank account, another to your crypto wallet, and another to an investment platform that tracks it all in real time. It’s convenient, sure—but all this connectivity also creates small cracks that attackers and systems alike can misread. One
Artificial intelligence stocks are not overheating — they are just beginning to show their potential. That is the view of Wedbush Securities analyst Dan Ives, who says Wall Street bears are mistaking a rapid technological shift for exuberance. In his view, the scale of AI adoption and capital investment suggests that markets have not yet
Kirk Yang, a former Wall Street analyst who’s currently with the National Taiwan University as an adjunct professor of finance, sees the artificial intelligence (AI) bubble as “real” but not imminent. Speaking recently with CNBC, Professor Yang argued the AI bubble could take “one or two years” to burst. In the near-term, he’s convinced, growth
It has been a year of layoffs. The year 2025 has been marked by sweeping layoffs across the global technology sector, with companies large and small announcing deep job cuts as they grapple with overexpansion, cost pressures, and the growing shift toward artificial intelligence. At least more than 112,000 employees have been laid off so
Palantir stock (NASDAQ: PLTR) nosedived 25% after reaching an all-time high in early November, triggering a fiery public clash between CEO Alex Karp and hedge fund manager Michael Burry. Karp blamed short sellers for the stock’s drop, but many investors saw the decline as a correction to Palantir’s high valuation. With a sales multiple of
Tesla is moving closer to completing the design of its next-generation AI5 chip and has already begun development work on its AI6 processor, CEO Elon Musk said Sunday in a post on X. The update marks the company’s most detailed assessment yet of its long-term chip roadmap as it leans deeper into artificial intelligence and