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Wednesday, October 22

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OpenAI




OpenAI launched a web browser. That sound you just heard was Google executives waking up in a cold sweat. OpenAI announced its own web browser yesterday, ChatGPT Atlas, which incorporates the company’s signature AI chatbot. “With Atlas, ChatGPT can come with you anywhere across the web...all without copying and pasting or leaving the page,” OpenAI wrote in a blog post. The browser, which directly competes with Google’s Chrome, is only available on macOS for now, but is “coming soon” to iOS, Windows, and Android. Shares of Google parent company Alphabet dropped by a few points following the announcement.

The Trump–Putin meeting was called off. Less than a week after announcing that President Trump would soon meet with Vladimir Putin in Hungary to discuss ending the war in Ukraine, the White House said the rendezvous is not happening any time soon. According to ABC News, a White House official argued that the meeting was no longer necessary after Secretary of State Marco Rubio and his counterpart, Russian Foreign Minister Sergei Lavrov, “had a productive call.” Russia has not budged from its maximalist position that the “root causes” of the war must be addressed before it agrees to a ceasefire.

Netflix posts rare earnings miss due to Brazilian tax dispute. The streaming giant fell short of both Wall Street’s and its own expectations in Q3 after it had to pay $619 million to settle a dispute with Brazilian authorities, dampening what otherwise might have been another strong quarter for the company. Netflix said it would have exceeded projections for its operating income without the tax dispute and does not expect it to impact future results. The wildly popular animated film KPop Demon Hunters helped power Netflix to more than $11.5 billion in revenue last quarter despite the hiccup in South America.—AE


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