Google fiasco, Walmart layoffs, OpenAI’s new ChatGPT: Business News Summary

   18/05/2024  Posted in Global

Google News

Photo: Krisztian Bocsi/Bloomberg (Getty Images), Chris Ratcliffe/Bloomberg (Getty Images), Brendan McDermid (Reuters), SOPA Images (Getty Images), Andrew Lichtenstein/Corbis (Getty Images), Image: Bloomberg (Getty Images), Holly Adams (Reuters), Elizabeth Franz (Reuters)

The Google Cloud logo on the booth at the Hannover Messe 2024 trade show in Hannover, Germany.
Photo: Krisztian Bocsi/Bloomberg (Getty Images)

Google made a big mistake recently. The company accidentally wiped out the private Google Cloud account of $125 billion Australian pension fund UniSuper.

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Sam Altman, CEO of OpenAI, was interviewed at Bloomberg House on the first day of the World Economic Forum.
Photo: Chris Ratcliffe/Bloomberg (Getty Images)

OpenAI has announced its new flagship model ChatGPT-4o, an AI chatbot that can see, hear, and converse in real-time.

The company said in its announcement that ChatGPT-4o is 50% cheaper and twice faster than GPT-4 Turbo. The new model is now available to all users and provides “GPT 4-class intelligence” to free customers. Paid users still have up to 5x storage limits.

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Walmart.
Image: Bloomberg (Getty Images)

Wegovy’s list price in the US is $1,349 for one month.
Image: Holly Adams (Reuters)

Due to increased demand, most doses of Zepbound will be in limited supply until at least the end of June, according to a U.S. Food and Drug Administration database.
Photo: Brendan McDiarmid (Reuters)

Eli Lilly may need a weight loss drug to finally meet demand for its popular anti-obesity drug, according to its top leader.

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Keith Gill is known for his social media persona “Roaring Kitty.”
Photo: SOPA Images (Getty Images)

President Donald Trump’s Boeing 757
Photo: Andrew Lichtenstein/Corbis (Getty Images)

Boeing’s newest plane encounters turbulence? It belongs to Donald Trump. The former US president’s Boeing 757 collided with another plane on the runway at West Palm Beach International Airport.

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The U.S. Department of Transportation announced new rules last month.
Image: Elizabeth Franz (Reuters)

Transportation Secretary Pete Buttigieg is calling on airlines to sue to block new rules from the Biden administration aimed at increasing transparency in the prices airlines charge passengers.

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Nvidia stock hits new high at closing price

The AI ​​chipmaker’s stock has risen 226% in the past 12 months

Squarespace goes private in $6.9 billion deal with Permira

Shares in the website-building platform soared 13% on news that it will exit the public market in an all-cash acquisition deal with private equity firm Permira.

Source of this program
“This is also a wonderful extension!!”
“Google made a big mistake recently. It accidentally wiped out the private Google Cloud account of $125 billion Australian pension fund UniSuper. Read more…”
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Source link: https://qz.com/google-walmart-layoffs-openai-chatgpt-ozempic-wegovy-1851484886

Author: BLOGGER