CHATGPT AGENTS

AI stocks in bubble trouble - are Nvidia, Microsoft in danger? Economist says it's worse than the Dot-Com crash of 1999
AI stocks are soaring, but Torsten Slok of Apollo Global Management warns of a potential AI bubble as he compares it to the dot-com era. Slok suggests top tech stocks are overvalued. Nvidia, Microsoft, and Apple are specifically mentioned. Investors are cautioned against unrealistic expectations. The S&P 500's rise is mainly due to these top stocks.

Why can’t this Wells Fargo banker leave China? The Chenyue Mao case everyone’s talking about
Chenyue Mao, a Wells Fargo managing director and US citizen, is currently unable to leave China due to an exit ban imposed by Chinese authorities. This incident has prompted Wells Fargo to suspend all corporate travel to China, raising concerns among multinational companies about the risks of operating in the country. The situation unfolds amid already strained US-China relations.

Perplexity: How 31-year-old Indian founder is trying to shake ChatGPT, Google's Gemini AI dominance
Perplexity AI, led by Aravind Srinivas, has surpassed ChatGPT to become the top free app on Apple's App Store, fueled by a strategic partnership with Airtel. This collaboration grants Airtel customers complimentary access to Perplexity Pro, valued at Rs 17,000 annually, unlocking advanced AI models and exclusive features.

ChatGPT’s new ‘agent’ tool can be tricked by bad actors: OpenAI CEO Sam Altman cautions: ‘Cutting-edge' but 'experimental’
The ChatGPT Agent combines intelligence, autonomy, and real-world action—but Sam Altman wants users to “go slow.” From booking travel to managing data, the AI can do it all, yet its ability to make decisions raises safety concerns. Altman’s transparency reminds users that with great AI power comes great responsibility—and careful use is key.

Meet Yash Kumar, the IIITian brain behind ChatGPT Agents that brings AI out of your screen into real life
Meet Yash Kumar, an IIIT Hyderabad alumnus that is leading the ChatGPT Agents project that can turn AI into a virtual computer planning and purchasing ingredients to make a family breakfast, and creating a slide deck based on its analysis.

ChatGPT Agents launches AI tool that will not only plan your breakfast, but also buy ingredients, and make spreadsheets
OpenAI is introducing new ChatGPT agent features for Pro, Plus, and Team subscribers, designed to simplify personal and professional tasks. This AI agent combines Operator and Deep Research to navigate the internet and conduct in-depth research. It can create initial drafts of presentations, adapting to user feedback, though tasks may take several minutes.
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OpenAI launches ChatGPT agent to handle complex tasks: How it works
OpenAI introduces a new AI agent for ChatGPT. This agent uses a virtual computer to manage complex tasks. It can browse websites and analyze data. It also creates presentations and spreadsheets. ChatGPT Agent is available for Pro, Plus, and Team users. The chatbot seeks permission before acting. Users can interrupt or stop tasks.
OpenAI unveils ChatGPT agent to handle tasks as AI apps evolve
OpenAI ChatGPT agent: AI agents - considered to be an evolution of an assistant - have been embraced across the tech world with large firms, including Microsoft, Salesforce and Oracle, spending billions on the technology to boost productivity and make operations more cost efficient.
Wipro’s Q1 report; Former Nexus MD’s new fund
Happy Friday! IT major Wipro reported an 11% rise in net profit, just ahead of Street expectations. This and more in today’s ETtech Morning Dispatch.
OpenAI unveils ChatGPT Agent: Too tired to plan your date, shop online, or create a slide deck? This new AI tool has you covered
OpenAI has launched ChatGPT Agent, a virtual assistant capable of performing real-world tasks using a 'virtual computer'. This tool can manage multi-step processes like planning events, generating research reports, and creating presentations. While it may take 15-30 minutes to complete a task, it's still faster than manual execution. Safety measures are in place, requiring user approval for irreversible actions.
How serious is Trump’s chronic venous insufficiency, and could it signal something more dangerous like heart failure?
US President Donald Trump, 79, has been diagnosed with chronic venous insufficiency (CVI), a condition affecting leg veins. The White House clarified that the diagnosis followed a vascular evaluation prompted by leg swelling and hand bruising. Officials emphasized that CVI is not linked to heart failure and is being managed with ongoing treatment.
ChatGPT Agent, OpenAI's new AI Assistant can book dinner or order groceries, but is your data safe?
OpenAI has launched the ChatGPT Agent for Plus, Pro, and Team users, powered by GPT-4o. This new feature enables ChatGPT to perform complex workflows like booking reservations, creating reports, and researching products. It operates within a secure environment, using tools like a browser and code interpreter, with safety measures including user approval and refusal training to prevent misuse.
ChatGPT helps write this mayor's speeches, now he wants a thousand city workers using AI
San Jose Mayor Matt Mahan champions AI use in government, using tools like ChatGPT to streamline tasks from speechwriting to grant proposals. With $35,000 spent on licenses, the city trains workers in AI to boost productivity, despite concerns about cost, errors, and the need for human oversight.
Former senior engineer pens what it was like to work at OpenAI
According to Calvin French-Owen, an engineer working on OpenAI's coding agent Codex, OpenAI has grown quickly, and so it’s natural for aspects like communicating as a company, reporting structures, shipping products, managing people, and the hiring process to break down. French-Owen said OpenAI is very "bottoms-up," especially in research, which makes it very meritocratic.
Masayoshi Son and Sam Altman see no end to AI demand and scaling
Masayoshi Son and Sam Altman anticipate a tidal wave of demand for AI technologies. To fuel this growth, they are enhancing computing infrastructure significantly. The ripple effects of AI breakthroughs could lead to the creation of numerous job opportunities. Self-evolving robotics are on the horizon, promising enhanced functionality.
AI founder slams candidate for ‘cheating’ with ChatGPT in bot interview, sparks heated online debate: ‘AI for me, but not for thee?'
Tenzo.ai founder Mason Swofford sparked controversy after criticizing a job candidate for using ChatGPT during an AI-led interview. Despite his company relying on AI tools to screen hundreds of applicants, Swofford labeled the candidate's behavior as “interview cheating,” prompting backlash online. Critics called out the irony and urged companies to rethink fairness and authenticity in AI-powered hiring.
From algorithms to unicorn ambitions: The AI scale blueprint for India’s startups to be unveiled at ET Soonicorns Summit 2025
India boasts 121 unicorns, ranking third globally in startup ecosystems. The ET Soonicorns Summit 2025 in Bengaluru will explore AI's role in scaling soonicorns to unicorn status. Discussions will cover AI investments, building Indian LLMs, the future of jobs, and ethical considerations, offering a roadmap for AI-driven startups.
US defense department awards contracts to Google, Musk's xAI
The contracts will enable the DoD to develop agentic AI workflows and use them to address critical national security challenges, the department's Chief Digital and Artificial Intelligence Office said. "The adoption of AI is transforming the (DoD's) ability to support our warfighters and maintain strategic advantage over our adversaries," Chief Digital and AI Officer Doug Matty said.
Google hires Windsurf CEO Varun Mohan, researchers to advance AI ambitions; OpenAI acquisition falls apart
Mohan and the Windsurf team will focus on agentic coding initiatives at Google DeepMind, primarily working on the Gemini project. The development comes as tech giants including Alphabet and Meta Platforms aggressively chase high-profile acquisitions and offer multi-million-dollar pay packages to attract top talent in the race to lead the next wave of AI.
Intel facing a BlackBerry moment as thousands laid off - CEO says too late to catch up with AI as firm falls out of global top 10
Intel CEO Lip-Bu Tan made a shocking admission, saying it’s now “too late” for Intel to catch up in the AI race, as the company falls out of the top 10 semiconductor companies. Once a leader in chipmaking, Intel now faces massive layoffs, a $16 billion loss, and increasing reliance on TSMC for chip production. The company has lost ground to rivals like Nvidia, AMD, and Apple, especially in AI and data centers. With a renewed focus on edge AI and agentic systems, Tan promises change, but Intel’s future remains uncertain. Read how the tech giant plans to reinvent itself.
India’s billion-dollar AI blueprint: Pratilipi, Zolve, Stellaris, and Google DeepMind to unveil scaling secrets at ET Soonicorns Summit 2025
The ET Soonicorns Summit 2025 returns to Bengaluru on August 22, diving into the mission-critical AI question of scale. Here’s what you need to know and why you should attend as AI leaders prepare to unveil the scale playbook.
Rs 16,70,00,00,000: Think Trapit Bansal’s Rs 800 crore salary was high? Zuckerberg hires another techie with a whopping pay
Mark Zuckerberg is aggressively hiring top AI talent to build Meta's Superintelligence Labs, aiming to compete with OpenAI, Google, and Anthropic. The talent war in Silicon Valley intensifies as Meta poaches key figures from Apple, OpenAI, and other leading AI companies. These new recruits will focus on developing advanced AI capabilities, including artificial general intelligence and superintelligence.
Grok 4: Elon Musk unveils latest model amid antisemitism backlash and leadership shake-up
Elon Musk’s xAI has launched its latest AI model, Grok 4, alongside a $300 per month “SuperGrok Heavy” plan. Musk claims Grok 4 outperforms PhDs academically but admits it lacks vision capabilities. The launch comes at a sensitive time for the company, amid recent controversies and leadership changes across Musk’s companies
Ruoming Pang salary: Who is Apple’s top AI engineer, set to receive a $200 million paycheque to join Zuckerberg’s Meta team?
Meta is offering huge pay packages to attract AI talent. Ruoming Pang from Apple received a deal worth over $200 million. This is for Meta's new superintelligence team. The team includes Nat Friedman and Daniel Gross. Alexandr Wang became chief AI officer. Sam Altman mentioned Meta's high signing bonuses. Mark Zuckerberg has hired researchers from OpenAI and Google.
OpenAI to release web browser in challenge to Google Chrome
The browser is slated to launch in the coming weeks, three of the people said, and aims to use artificial intelligence to fundamentally change how consumers browse the web. It will give OpenAI more direct access to a cornerstone of Google's success: user data.
Nvidia-backed Perplexity launches AI-powered browser to take on Google Chrome
Perplexity AI, supported by Nvidia, has introduced Comet, an AI-powered web browser designed to rival Google Chrome. Comet integrates an AI assistant for tasks like product comparison and content summarization, prioritizing user privacy by storing data locally. While facing criticism for content usage, Perplexity aims to challenge established browsers and explore new revenue opportunities.
Zuckerberg's Meta Superintelligence Labs poaches top AI talent in Silicon Valley
Meta Platforms is aggressively recruiting top AI talent for its Superintelligence Labs to compete with OpenAI and Google. This move follows staff departures and mixed reception to Meta's Llama 4 model. The company has hired executives from Scale AI, GitHub, and OpenAI, including key contributors to GPT-4o and Gemini, signaling a major push in the AI race.
Which workers will AI hurt most: The young or the experienced?
AI is reshaping the white-collar workforce, with debate over whether junior or senior employees are most at risk. While entry-level roles are easier to automate, experienced workers with high salaries and slower AI adoption may also face displacement. Companies are increasingly using AI to boost productivity and cut mid-level roles.
VCs bet on AI to reboot IT; Blinkit, Instamart lead
Happy Tuesday! VC firms are turning their focus to AI startups looking to transform traditional IT services and outsourcing. This and more in today's edition of ETtech Morning Dispatch.
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