OpenAI Chief Executive Sam Altman told employees Monday that the company was declaring a “code red” effort to improve the quality of ChatGPT and delaying other products as a result, according to an internal memo viewed by The Wall Street Journal, The Wall Street Journal’s Berber Jin reports. Altman said OpenAI had more work to do on the day-to-day experience of its chatbot, including improving personalization features for users, increasing its speed and reliability, and allowing it to answer a wider range of questions, the author adds. The companywide memo is the most decisive indication yet of the pressure OpenAI is facing from competitors that have narrowed the startup’s lead in the AI race. Of particular concern to Altman is Google (GOOGL), which released a new version of its Gemini AI model last month that surpassed OpenAI on industry benchmark tests and sent the search giant’s stock soaring.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- State Attorneys General announce $700M Play settlement with Google
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- Amazon (AMZN) Introduces Nova Forge to Better Customize AI Models
- Midday Fly By; Kalshi hits $11B valuation, MongoDB reports Q3 beat
- Amazon (AMZN) Takes On Nvidia and Google With New Trainium3 AI Chip
