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.


Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 



