SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says 
Huawei Launches Mate XT2 Foldable Phone in China 
TetherMax Expands into Asian Market Following Rebranding, Names Actor Yun Siyun as Brand Ambassador 
Milei Threatens Falkland Oil Firms With Sanctions 
GLP-1 Weight-Loss Drug Use Surges Among U.S. Children 
SEC Seeks ISS Client Voting Records in Proxy Adviser Probe 
Google Revamps EU Search Results to Meet DMA Rules 
Anthropic Nears $15 Billion Credit Deal Ahead of IPO 
Spire Healthcare Shares Jump on £1.03 Billion Takeover Deal 
Qantas Near-Miss Raises Sydney Air Traffic Controller Fatigue Concerns 
Amazon Prime Air Cargo Plane Crash Kills Five at Miami Airport 
U.S. Accuses Chinese AI Firms of Extracting Model Capabilities 
Xiaomi Shares Jump on Europe EV Expansion Plan 
Trump Threatens Bombardier U.S. Sales Ban 
Zara Owner Inditex Sales Rise 9% in August 
Qualcomm Stock Jumps on Amazon AI Chip Deal 
Nvidia Eyes $2.5 Billion Investment in Thinking Machines Lab 
Add as a preferred source on Google
Microsoft-Backed ChatGPT Restored After Temporary Outage
OpenAI Resolves ChatGPT Outage Affecting Thousands
Microsoft-backed OpenAI’s popular AI chatbot, ChatGPT, experienced a brief outage on Friday, affecting thousands of users worldwide. OpenAI promptly restored service, assuring users of improved stability and continued reliability enhancements.
In a statement on its website, OpenAI confirmed, “Issues with ChatGPT have now been resolved.” Most users regained access by 4:34 p.m. PT (0034 GMT on Saturday), although a small group faced minor delays until 5 p.m. (0100 GMT on Saturday).
CEO Sam Altman Acknowledges Reliability Goals
OpenAI CEO Sam Altman addressed the incident on X (formerly Twitter), sharing that ChatGPT was down for approximately 30 minutes. He added a frown emoji, noting, “We are much, much better at reliability than we used to be, but more work in front of us.”
ChatGPT's Rising Popularity and Market Value
According to the outage tracking site Downdetector, more than 19,000 users reported issues with ChatGPT around 7:13 p.m. ET (0013 GMT on Saturday). ChatGPT’s popularity has soared since its launch in November 2022, with over 250 million weekly active users. OpenAI’s valuation has skyrocketed from $14 billion in 2021 to $157 billion, reflecting rapid growth as revenue reached $3.6 billion, surpassing initial forecasts.
