OpenAI Locks Down San Francisco Offices Following Alleged Threat From Activist

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.

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.

Hon Hai Precision Industry Co., also known as Foxconn, plans to invest between $1 billion and $5 billion to expand its manufacturing operations in the United States. This initiative aims to meet the growing demands of major players in the artificial intelligence sector, including Nvidia Corp. and OpenAI.

OpenAI has announced a partnership with Taiwan's Foxconn to design and manufacture equipment for AI data centers in the U.S. Foxconn, recognized for assembling Apple products and producing servers for Nvidia, will collaborate on creating artificial intelligence hardware to meet growing demands in the sector.

The technology sector is experiencing unprecedented growth, marked by record profits, soaring stock prices, and high deal valuations. This surge, particularly highlighted by OpenAI's Stargate data center complex in Abilene, Texas, has also sparked concerns among some stakeholders about the sustainability and implications of such rapid advancements.