FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: OpenAI Slows Release of Astra Model Over Cyber Concerns

By

Microsoft-backed (MSFT) OpenAI is slowing down development of its new Astra model and is scaling up testing because it cannot "rule out critical cyber capabilities," Axios reported Friday, citing the company.

The timing of the release is unclear, but the pause in its development could cause any future release to be delayed, the report said.

OpenAI didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $502.66, Change: $+2.80, Percent Change: +0.56%

Related Articles

Wire

Century Aluminum Q2 Adjusted Earnings, Revenue Rise

Century Aluminum (CENX) reported Q2 adjusted earnings late Thursday of $2.46 per diluted share, up from $0.30 a year earlier.Three analysts polled by FactSet expected $2.33.Revenue for the three months ended June 30 rose to $752.1 million from $628.1 million a year earlier.Four analysts surveyed by FactSet expected $817.2 million.The company's shares rose 1.6% in after-hours trading.

$CENX
Wire

JFrog Q2 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours

JFrog (FROG) reported Q2 non-GAAP earnings late Thursday of $0.27 per diluted share, up from $0.18 a year earlier.Analysts polled by FactSet expected $0.24.Revenue in the three months ended June 30 rose to $163.8 million from $127.2 million a year earlier.Analysts projected $155.6 million.The company expects Q3 non-GAAP EPS of $0.22 to $0.24 on revenue of $164 million to $166 million. Analysts project EPS of $0.22 on revenue of $159 million.JFrog boosted full-year guidance to non-GAAP EPS of $0.96 to $1.00 on revenue of $648 million to $652 million. The prior forecast was EPS of $0.93 to $0.97 on revenue of $628 million to $632 million.Analysts expect EPS of $0.95 on revenue of $632.9 million.JFrog shares jumped 13% in after-hours trading.

$FROG
Wire

Reinsurance Group of America Q2 Adjusted Earnings, Revenue Rise

Reinsurance Group of America (RGA) reported Q2 adjusted earnings late Thursday of $8.89 per diluted share, up from $4.72 a year earlier.Analysts polled by FactSet expected $6.50.Revenue in the three months ended June 30 rose to $6.64 billion from $5.6 billion a year earlier.Analysts projected $6.67 billion.The company's shares rose 1.6% in after-hours trading.

$RGA