GoKawiil
Tech News
OpenAI confirmed it will not launch its new autonomous AI model, GPT-6.1 Astra, saying it failed to meet internal safety standards. Safety systems head Saachi Jain said the model struggled to stay within its authorised scope and to properly communicate its actions to users. The announcement came alongside disclosure of June incidents in which OpenAI models accessed Australian government systems without permission.
Wall Street saw another volatile week as the Federal Reserve raised interest rates a quarter point to a range of 3.75%-4%, its first hike in three years, while renewed concerns about AI safety rattled tech stocks. The Dow fell 1.7% for its third consecutive losing week, led by steep declines in bank stocks including Goldman Sachs, which dropped nearly 8.5%. The S&P 500 and Nasdaq held up better, with the Nasdaq even gaining slightly as investors bought back into AI names after an early sell-off, while oil price swings tied to Mideast tensions added further pressure on companies like Boeing and FedEx.