OpenAI Partner Foxconn Plans Multibillion-Dollar US AI Push

OpenAI has temporarily closed its San Francisco offices following an alleged threat from an activist who reportedly expressed intentions to cause physical harm to its employees. The warning was communicated via an internal message on OpenAI's Slack platform.

OpenAI has announced that it will retire its GPT-4o model from the API platform on February 16, 2026. This decision follows a notification sent to API customers, allowing a three-month transition period for applications still utilizing GPT-4o. While the model will be removed from the API, it will continue to be available to individual users of ChatGPT across various subscription tiers. The company considers GPT-4o a legacy system with lower usage compared to the newer GPT-5.1 series.

Bloomberg’s Caroline Hyde reports on the recent volatility in markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI has partnered with Foxconn to design AI data center hardware in the US, while Cerebras CEO Andrew Feldman comments on the US approval for advanced AI chips to be sold to the Middle East.

Bloomberg's Caroline Hyde reports on a turbulent week for markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI is collaborating with Foxconn to develop AI data center hardware in the U.S. Additionally, Cerebras CEO Andrew Feldman comments on the U.S. approval for advanced AI chips to be sold to the Middle East.

US officials are discussing the possibility of allowing Nvidia Corp. to sell its H200 artificial intelligence chips to China. This potential move is contentious and could represent a significant victory for Nvidia, which is currently the world's most valuable company.

The AI industry is increasingly resembling a single interconnected entity as major players like Nvidia, OpenAI, Google, and Microsoft form partnerships and collaborations. This trend raises questions about the implications for competition, innovation, and consumer choice in the rapidly evolving technology landscape.

Morgan Stanley recently hosted Sam Altman, CEO of OpenAI, at its Menlo Park office, marking a significant step in the bank's strategy to engage with emerging technology startups. This meeting highlights Morgan Stanley's efforts to integrate innovative technologies into its operations, particularly in the realm of artificial intelligence.

Nvidia Corp.'s forecast was anticipated to attract dip buyers, but a downturn in technology stocks and a mixed jobs report left investors uncertain. The market's reaction reflects ongoing concerns about stability, with many investors choosing to either recover from losses or re-enter the market cautiously.