Roula Khalaf, Editor of the FT, curates Unlock the Editor’s Digest, featuring top stories like OpenAI’s launch of GPT-4.5, a large AI model with reduced hallucination rates. Amidst fierce competition in the AI industry, OpenAI continues to invest in large models despite potential cost challenges, and is considering limiting developer access to GPT-4.5 due to high operational expenses. Chief executive Sam Altman notes the model’s high cost to train and run, emphasizing its unique intelligence despite not focusing on reasoning capabilities.
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3 Reasons Lucid Stock Is Sliding Despite Record Q1 Deliveries
Investors in Lucid Group saw a slide in stock despite record first-quarter deliveries of 3,109 vehicles, raising $1 billion in convertible debt, and weaker revenue guidance for the quarter. Concerns over the impact of President Trump's tariffs on the supply chain and recent management transition also added to the stock's decline. However, investors are advised not to panic as upcoming earnings reports and the launch of the Gravity SUV could boost deliveries and revenue. Full...
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