What Drove OpenAI’s ‘Code Red’ for ChatGPT

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• 00:03

  What investors expect ahead of the Federal Reserve's decision on interest rates tomorrow?

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  plus why OpenAI declared a code red to focus on chat GPT and what that means for its future.

• 00:15

  It feels like just the conversation around AI chatbots has suddenly said,

• 00:20

  hey, Google, and that's been a real challenge for the company.

• 00:24

  And President Trump says Ukraine is losing and that the country should accept a U.S.

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  peace plan.

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  It's Tuesday, December 9th.

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  I'm Alex Ocele for The Wall Street Journal.

• 00:34

  This is the PM edition of What's News,

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  the top headlines and business stories that move the world today.

• 00:46

  Today, Federal Reserve officials gathered for their final two-day rate-setting meeting of the year.

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  They won't announce their decision until tomorrow,

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  but they're expected to cut rates by a quarter point,

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  though as many as half the policymakers have signaled that they oppose a cut.

• 01:02

  Officials have been unusually divided over whether a weaker jobs market or worsening inflation would be harder to fix

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  if the Fed makes the wrong choice now.

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  Some outside the Fed think that a quarter-point rate cut doesn't go far enough,

• 01:15

  including President Trump.

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  Another of those people is Kevin Hassett, the director of the White House National Economic Council,

• 01:23

  who was widely believed to be Trump's pick to take over as Fed chair next year.

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