OpenAI Announcements, Crypto Under Pressure & Rivian's New Chip 12/11/25

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• 00:04

  Thank you very much, Scott.

• 00:05

  When OpenAI declared code red, we're now getting a sense of what that means.

• 00:10

  First, a major partnership with Disney announced earlier today.

• 00:13

  Welcome to The Exchange, by the way.

• 00:14

  I'm Kelly Evans.

• 00:15

  And right now, more breaking news on the chat GBT front.

• 00:18

  Let's get straight to Mackenzie Sigalos with the details, Mac.

• 00:21

  Hey, Kelly.

• 00:22

  So OpenAI has just unveiled GBT.

• 00:24

  5.2, which it's billing as its most advanced frontier model yet for everyday professional use.

• 00:31

  Better things like long multi-step tasks such as coding, spreadsheets, document analysis,

• 00:36

  with far fewer hallucinations, according to the engineers who built it.

• 00:41

  Now it's rolling out both in the consumer chatbot and via the API for enterprise customers.

• 00:46

  It also lands, as you said,

• 00:47

  on the same day as a new billion dollar investment and Sora content deal with Disney.

• 00:52

  Fiji SEMA, one of OpenAI.

• 00:54

  high-profile hires out of meta,

• 00:56

  told a small group of us a short time ago that this recently declared Code Red is actually a normal part of the company's playbook,

• 01:03

  essentially marshaling resources around one key priority.

• 01:07

  Simo said that this release has been months in the making, but I will say this, Kelly,

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