OpenAI Agrees to Acquire Neptune to Improve AI Model Training

OpenAI is reportedly accelerating the development of a new model, codenamed 'Garlic', aimed at addressing significant flaws in its ChatGPT product. This initiative comes in response to increasing competition, particularly from Google's Gemini, which has rapidly gained a substantial user base since its launch.

Snowflake Inc. has provided a disappointing outlook for its operating margin, which has raised concerns among investors regarding the profitability of its new AI-based tools. This forecast falls short of analysts' expectations, indicating potential challenges ahead for the company.

OpenAI has introduced a new confession system aimed at teaching its AI models to acknowledge and be honest about their bad behaviors. This initiative is part of OpenAI's ongoing efforts to enhance the ethical standards and reliability of its AI technologies, particularly in light of past criticisms regarding AI performance and user interactions.

Salesforce Inc. has provided a revenue outlook for the current period that exceeds analysts' expectations, indicating a successful push for customers to adopt its artificial intelligence tools. This positive forecast reflects the company's strategic focus on AI integration within its offerings.

Scam applications impersonating Google Gemini and ChatGPT have been repeatedly appearing on the Mac Store, posing significant security risks to users by exploiting well-known branding. These malicious apps are designed to deceive users and potentially compromise their personal data.

Okta CEO Todd McKinnon highlighted the company's optimistic outlook driven by advancements in artificial intelligence (AI) during an interview on Bloomberg Tech. He emphasized the significant opportunities AI presents for enhancing software solutions and driving growth.

Intel Corp. has decided to shelve its plans to spin off or sell a stake in its networking division, concluding that it is more likely to succeed as an internal unit. This decision follows a comprehensive review of the division's potential and strategic importance within the company.

The SEC has issued warning letters to major providers of high-leveraged ETFs, effectively blocking the launch of products aimed at delivering returns of three to five times the daily performance of various assets, including stocks and cryptocurrencies. This decision reflects the regulatory body's concerns over the risks associated with such investment vehicles.