OpenAI CEO Says ChatGPT Exceeds 10% Monthly Growth
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.MONTHLY GROWTH:OpenAI CEO Sam Altman told employees that ChatGPT is "back to exceeding 10% monthly growth," according to an internal Slack message viewed by CNBC, Ashley Capoot and Kate Rooney. The company is aiming to launch a new model within ChatGPT this week, Altman said. In his message, Altman also said OpenAI's coding product, Codex, grew about 50% from a week ago.SUPERCONDUCTORS:Microsoftis exploring high-temperature superconductors to design more efficient data centers by enabling zero-resistance electricity flow, which could significantly reduce space and power infrastructure needs, The Verge's Justine Calma. If commercialized, the technology could help address AI-driven energy demand, grid constraints, and community concerns tied to data center expansion, according to the report. The Fly notes that shares of American Superconductor, a grid-wide provider of advanced power electronics and superconductor systems, were up on Tuesday.AI CLUSTER BUILDOUTS:Ciscounveiled the Silicon One G300, a 102.4 Tbps switching silicon is says is designed for massive AI cluster buildouts. "The Cisco Silicon One G300 will power new Cisco N9000 and Cisco 8000 systems that push the frontier of AI networking in the data center. The systems feature innovative liquid cooling and support high-density optics to achieve new efficiency benchmarks and ensure customers get the most out of their GPU investments. In addition, the company enhanced Nexus One to make it easier for enterprises to operate their AI networks - on-premises or in the cloud - removing the complexity that can hold organizations back from scaling AI data centers," the company stated.
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- Price Increase: Microsoft is raising the monthly fee for its enterprise Microsoft 365 E7 to $99, a 65% increase from the $60 E5 subscription, aiming to attract more enterprise users to its Copilot AI add-on, thereby boosting overall revenue.
- New Product Bundle: The E7 suite includes $30 for Copilot, $12 for Entra identity tools, and $15 for Agent 365, providing a comprehensive AI management solution that enhances companies' competitiveness in digital transformation.
- Increased Market Adoption: Microsoft’s commercial CEO Judson Althoff stated that the launch of E7 is expected to drive broader adoption of Copilot, which has yet to become common among commercial productivity users, indicating a growing demand for AI tools in the market.
- Competitive Pressure: This pricing and product update comes amid investor concerns about AI models from Anthropic potentially threatening established software companies, with Microsoft’s strategic adjustments aimed at solidifying its market position and addressing competitive challenges.
- Acquisition Announcement: OpenAI has revealed plans to acquire Promptfoo, a startup focused on helping enterprises identify and rectify vulnerabilities in AI systems, indicating a strategic move into the AI security sector.
- Market Impact: Promptfoo's open-source tools have been downloaded by over 125,000 developers and are currently utilized by more than 25% of Fortune 500 companies, highlighting the widespread acceptance and significance of its products in the market.
- Technology Integration: OpenAI plans to integrate several of Promptfoo's tools into its Frontier platform, enhancing the security and reliability of AI applications, thereby improving safety testing and oversight capabilities during AI development workflows.
- Founders' Background: Promptfoo's founders, Ian Webster and Michael D'Angelo, bring extensive industry experience, with Webster previously leading large language model engineering teams at Discord and D'Angelo serving as the former VP of engineering at Smile Identity, showcasing their technical expertise and industry insights.
- Market Dominance: Nvidia's leadership in AI hardware enables it to solidify its position as an enterprise AI agent provider through the launch of the NemoClaw platform, which is expected to drive demand for its high-margin data center products.
- Open Software Layer: NemoClaw will embrace open-source computing, allowing deployment of AI agents on non-Nvidia hardware without licensing fees, thus addressing infrastructure challenges while enhancing data control for enterprises.
- Security and Privacy: NemoClaw is expected to include enterprise-grade security, privacy tooling, and audit capabilities, meeting the demand for AI agents while safeguarding sensitive data from exposure to external cloud platforms.
- Investor Confidence Rebounds: Nvidia's stock has risen 5% over the past week, currently nearing $200, with analysts optimistic about its future growth, believing that NemoClaw will serve as a catalyst for its long-term ecosystem strategy.
- Oil Price Surge Impacts Market: Despite the IEA's decision to release 400 million barrels from strategic reserves to address supply disruptions in the Strait of Hormuz, oil prices rose by 4.6%, exerting downward pressure on the stock market, particularly amid the ongoing conflict in Iran.
- Limited Impact from Inflation Data: February's CPI rose 2.4% year-over-year, with core CPI at 2.5%, which, while close to five-year lows, remains above the Fed's 2% target, leading to a muted market reaction and reflecting investor concerns over future inflation pressures.
- Mixed Performance in Tech Stocks: Following Oracle's strong AI demand announcement, tech stocks received a boost with Oracle's shares rising over 9%, yet other tech stocks like IBM and Microsoft saw slight declines, indicating ongoing uncertainty in investor confidence within the tech sector.
- Private Credit Market Struggles: JPMorgan Chase's restriction on lending to private credit funds has led to an exodus of investors from the $1.8 trillion sector, exacerbating market uncertainty and negatively impacting overall stock performance.
- Strong Earnings Performance: Oracle (ORCL) saw its stock surge 9.32% to close at $163.12 after reporting fiscal Q3 earnings and revenue that exceeded expectations, driven by robust growth in cloud computing and AI.
- Significant Cloud Revenue Growth: The company reported a 44% increase in cloud revenue and a 22% overall revenue growth, alleviating market concerns about excessive spending on AI infrastructure and boosting investor confidence in future performance.
- Surge in Trading Volume: Trading volume reached 79 million shares, which is 162% above the three-month average of 30.1 million shares, indicating strong investor interest and confidence in Oracle's future prospects.
- Optimistic Outlook: Oracle provided an upbeat outlook for 2027 and stated it has no plans to issue bonds beyond what has already been announced this year, further encouraging investor buying sentiment.
- Strong Earnings Report: Oracle's fiscal Q3 results revealed a 22% revenue growth and a remarkable 44% increase in cloud revenue, exceeding market expectations and bolstering investor confidence in the company's future growth prospects.
- Stock Price Surge: Following the earnings announcement, Oracle's stock rose by 9.18% to close at $163.12, alleviating concerns over its aggressive AI infrastructure spending, despite a year-to-date decline of over 16%.
- Surge in Trading Volume: The trading volume reached 79 million shares, which is 162% above the three-month average of 30.1 million shares, indicating strong investor interest and confidence in Oracle's future developments.
- Optimistic Long-Term Outlook: Oracle provided an upbeat outlook for 2027 and stated that it has no plans to issue bonds beyond what has already been announced this year, further enhancing market confidence in its financial health.











