00:00It's Benzinga bringing Wall Street to Main Street.
00:02OpenAI declared a company-wide Code Red to improve ChatGPT's quality and shifted resources
00:08away from other projects, according to an internal memo reviewed by the Wall Street Journal.
00:13Altman told employees the company must boost personalization, speed, reliability,
00:18and its ability to answer more questions. Competition is tightening after Google's
00:22latest Gemini model outperformed OpenAI on benchmark tests and helped drive monthly
00:27active users from $450 million in July to $650 million in October.
00:33Anthropic continues gaining traction with business customers.
00:36OpenAI is not profitable and must raise funding frequently,
00:40and its heavy data center commitments have raised investor concerns about its long-term revenue path.
00:45Altman said a new reasoning model set for release next week is ahead of Google's latest Gemini model.
00:50For all things money, visit Benzinga.com.
Comments