OpenAI’s Altman Declares ‘Code Red’ on ChatGPT: Reports

Wikipedia co-founder Jimmy Wales has raised concerns about the financial impact of AI bots scraping the site, emphasizing that maintaining trust within the community is a top priority. He discussed these issues during an interview with Romaine Bostick and Katie Greifeld on Bloomberg Technology.

Stocks rose as Bitcoin experienced a notable rebound, climbing back above $90,000 after a significant selloff that had previously erased nearly $1 billion in leveraged bets. This recovery was highlighted during the U.S. market close coverage on Bloomberg Television, where analysts discussed the implications for investors and the broader market.

YouTube is preparing to comply with Australia's forthcoming ban on social media access for individuals under 16, which is set to take effect on November 10. Despite initially rejecting the inclusion in the crackdown and considering a court challenge, the company is now taking steps to align with the new regulations aimed at enhancing online safety for minors.

OpenAI CEO Sam Altman has declared a 'code red' for ChatGPT as Google’s Gemini 3 rapidly gains traction, amassing 200 million users within just three months of its launch. This shift marks a significant change in the competitive landscape of AI technologies, with Google now posing a formidable challenge to OpenAI's flagship product.

Oracle Corp.'s credit risk gauge has reached its highest level since the 2009 financial crisis, driven by a surge in bond sales from major tech firms and growing fears of a bubble in the artificial intelligence sector. This spike reflects increasing investor anxiety about the sustainability of Oracle's debt amid its significant investments in AI technology.

Dell CEO Michael Dell announced a $6.25 billion initiative to provide 25 million American children with $250 each to start investment accounts, building on the earlier 'Trump accounts' initiative linked to President Donald Trump's One Big Beautiful Bill Act. This announcement was made during an appearance on Bloomberg The Close.

CrowdStrike Holdings Inc. has raised its fiscal 2026 guidance, indicating strong demand for its growing range of artificial intelligence-enabled cybersecurity products. This adjustment reflects the company's positive momentum in the technology sector.

Marvell Technology Inc. announced its intention to acquire Celestial AI, leading to a surge in its shares as investors reacted positively to the news. The company emphasized that its custom chip-design unit is securing repeat orders, indicating robust growth amid increasing demand for AI computing solutions.