Google's big mistake, Walmart's layoffs, OpenAI's new ChatGPT: Business news roundup

Photo: Krisztian Bocsi/Bloomberg (Getty Images), Chris Ratcliffe/Bloomberg (Getty Images), Brendan McDermid (Reuters), SOPA Images (Getty Images), Andrew Lichtenstein/Corbis (Getty Images), Image: Bloomberg (Getty Images), Hollie Adams (Reuters), Elizabeth Frantz (Reuters)

The Google Cloud logo at their booth at the Hannover Messe 2024 trade fair in Hannover, Germany.Photo: Krisztian Bocsi/Bloomberg (Getty Images)

Google made a big mistake recently. The company accidentally erased the private Google Cloud account of a $125 billion Australian pension fund, UniSuper.

Sam Altman, chief executive officer of OpenAI, during an interview at Bloomberg House on the opening day of the World Economic Forum.Photo: Chris Ratcliffe/Bloomberg (Getty Images)

OpenAI announced its new flagship model ChatGPT-4o — an AI chatbot that can see, hear, and have real-time conversations.

The company said in its announcement that ChatGPT-4o is 50% cheaper and twice as fast as GPT-4 turbo. It’s making the new model available to all users, bringing “GPT 4 class intelligence” to free customers. Paid users will still have up to five times the capacity limits.

Walmart.Image: Bloomberg (Getty Images)

The list price of Wegovy in the U.S. is $1,349 for a month’s supply.Image: Hollie Adams (Reuters)

A U.S. Food and Drug Administration (FDA) database says that most doses of Zepbound will be in limited supply through at least the end June, thanks to increased demand.Photo: Brendan McDermid (Reuters)

It may take a weight loss pill for Eli Lilly to finally meet demand for its popular anti-obesity medications, according to Eli Lilly’s top leader on weight loss drugs.

Keith Gill, known by his social media persona, “Roaring Kitty.”Photo: SOPA Images (Getty Images)

Donald Trump’s Boeing 757Photo: Andrew Lichtenstein/Corbis (Getty Images)

The latest Boeing plane running into turbulence? It belongs to Donald Trump. The former U.S. president’s private Boeing 757 ran into another plane on the runway at West Palm Beach International Airport.

The U.S. Department of Transportation announced the new rules last month. Image: Elizabeth Frantz (Reuters)

Secretary of Transportation Pete Buttigieg is calling out airlines for suing to block a new rule from the Biden administration meant to provide more transparency around fees airlines charge passengers.

Nvidia stock has all-time closing high in its crosshairs

The AI chipmaker’s stock is up a whopping 226% over the last 12 months

Squarespace going private in $6.9 billion deal with Permira

The website-building platform’s stock popped 13% on the news it will leave the public market in an all-cash takeover deal with private equity firm Permira

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