First OpenAI killed Sora, and now it seems Sam Altman has realized that a ChatGPT “adult mode” is… not the best idea. Per a report from late last week, investors and staff raised concerns that offering an erotica-generating AI model doesn’t exactly align with the company’s stated mission to “ensure that artificial general intelligence benefits all of humanity.” Bets are open on which side quest gets killed next.
The ongoing Mideast war continued to leave investors jittery on Friday and unwilling to hold stocks over the weekend. The S&P 500, Nasdaq 100, and Russell 2000 all suffered heavy losses, with the tech-heavy gauge down nearly 2% as front-month West Texas Intermediate futures climbed toward $100 per barrel.
Since the conflict began, the final two trading days of the week have been the worst for the S&P 500, with the steepest drops coming on Fridays, as you can see in this chart.