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OpenAI restores GPT-4o to ChatGPT after user uproar over model removals

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Top stories today:

  1. OpenAI restores GPT-4o to ChatGPT after user uproar
  2. Trump’s WLF said to plan public company to hold family token WLFI
  3. NVIDIA, AMD to pay 15% of China chip sales to U.S. government
  4. Apple said to be making Siri true voice-first interface
  5. Gold bar tariffs by Trump admin stun traders, roil bullion markets

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. OpenAI restores GPT-4o to ChatGPT after user uproar over model removals

ChatGPT.

OpenAI is still looking to spend after the GPT-5 launch and is “willing to run the loss,” Altman said

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3. Trump’s WLF said to plan public company to hold family token WLFI

Representational image generated using xAI’s Grok.

  • Eric Trump and Donald Trump Jr. could serve on the board of the public company.

  • WLF is said to be raising $1.5B to fund the new company.

  • The planned treasury firm is a NASDAQ-listed shell acquired by WLF, per the investor pitch.

  • Treasury companies allow traditional investors to trade crypto and gain exposure to its market, advocates believe.

  • However, many such companies are at risk of collapse as the current crypto boom subsides.

4. NVIDIA, AMD to pay 15% of China chip sale revenues to U.S. government

China is one of the largest markets for NVIDIA and AMD in terms of sales:

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