OpenAI CEO Altman says there have been 500k Codex app downloads since the launch on Monday; believes Codex is going to win
Altman's announcement of 500k Codex app downloads highlights significant early adoption, suggesting a strong market interest in AI tools.
Alphabet (GOOGL) CEO says Gemini enterprise has sold more than 8mln paid seats, while Co. noted revenue from AI solutions increased nearly 300% Y/Y and it is collaborating with Apple (AAPL) which picked Google Cloud as its preferred cloud provider
Federal Reserve finalizes big bank stress test criteria, votes to keep current capital buffer; Bowman says freezing bank capital levels allows Fed to correct any "deficiencies" in stress test models
OpenAI CEO Altman says there have been 500k Codex app downloads since the launch on Monday; believes Codex is going to win
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This could benefit Microsoft, given its strategic partnership with OpenAI, potentially leading to positive sentiment in tech equities, especially within the software sector. Investors should monitor how this development affects MSFT and related firms in the upcoming trading sessions.
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