1 00:00:00,800 --> 00:00:04,560 Speaker 1: News when you wanted with Bloomberg News. Now I'm Larry Kowski. 2 00:00:04,920 --> 00:00:07,840 Speaker 1: A change at the top at the company behind chat GPT. 3 00:00:08,360 --> 00:00:11,360 Speaker 1: The board of open Ai has pushed out co founder 4 00:00:11,360 --> 00:00:14,760 Speaker 1: and CEO Sam Altman after a review found that he 5 00:00:14,920 --> 00:00:18,640 Speaker 1: was not consistently candid in his communications with the board. 6 00:00:18,920 --> 00:00:20,680 Speaker 1: Bloomberg zed Ludlow tells us. 7 00:00:20,680 --> 00:00:23,040 Speaker 2: I've spoken with a few sources in the last hour 8 00:00:23,120 --> 00:00:26,040 Speaker 2: and everyone is pretty confused. I mean as recently as 9 00:00:26,079 --> 00:00:29,600 Speaker 2: this Wednesday, there was a dinner attended by Sam Autman, 10 00:00:30,040 --> 00:00:33,920 Speaker 2: a number of other Ai executives and high profile names 11 00:00:33,920 --> 00:00:38,600 Speaker 2: and investors. He was speaking to people there pretty prominently. 12 00:00:38,760 --> 00:00:41,760 Speaker 1: Greg Brockman, a co founder of OpenAI, who had been 13 00:00:41,840 --> 00:00:44,480 Speaker 1: chairman of the board, is leaving that post but will 14 00:00:44,520 --> 00:00:48,680 Speaker 1: still serve as company president. The fallout from Elon Musk's 15 00:00:48,680 --> 00:00:52,920 Speaker 1: post endorsing anti Semitic views continues to spread. A growing 16 00:00:53,000 --> 00:00:57,760 Speaker 1: number of advertisers, including Apple, IBM and Lionsgate Entertainment, are 17 00:00:57,800 --> 00:01:01,640 Speaker 1: fleeing his ex social media platform man Deep singing at 18 00:01:01,640 --> 00:01:03,760 Speaker 1: Bloomberg Intelligences not surprised. 19 00:01:03,800 --> 00:01:06,960 Speaker 3: If you look at his history, you know he has 20 00:01:07,160 --> 00:01:10,720 Speaker 3: tweeded in the past where he got into trouble with 21 00:01:10,800 --> 00:01:14,240 Speaker 3: the regulators, whether it was the funding tweet back in 22 00:01:14,280 --> 00:01:18,440 Speaker 3: the day or even after that, so there'd be numerous controversies. 23 00:01:18,520 --> 00:01:21,679 Speaker 1: A number of Tesla shareholders are calling for change, fearing 24 00:01:21,800 --> 00:01:24,760 Speaker 1: damage to the brand. The White House is also hitting 25 00:01:24,800 --> 00:01:27,880 Speaker 1: back at Musk. More on that from Bloomberg's Nathan Hagar. 26 00:01:28,040 --> 00:01:31,839 Speaker 4: Unacceptable and abhorrent are the words White House spokesman Andrew 27 00:01:31,880 --> 00:01:35,000 Speaker 4: Bates is using. That's after Musk posted a string of 28 00:01:35,000 --> 00:01:38,760 Speaker 4: derogatory comments on his ex account, including one agreeing with 29 00:01:38,800 --> 00:01:41,840 Speaker 4: a post that accused the Jewish community of hatred against 30 00:01:41,840 --> 00:01:45,320 Speaker 4: white people. Musk has accused the Anti Defamation League of 31 00:01:45,360 --> 00:01:48,040 Speaker 4: bringing his ad sales down by warning about a rise 32 00:01:48,080 --> 00:01:51,160 Speaker 4: in extremist content since he took over the platform that 33 00:01:51,440 --> 00:01:54,240 Speaker 4: used to be known as Twitter in Washington. I'm Nathan 34 00:01:54,280 --> 00:01:55,559 Speaker 4: Hager Bloomberg Radio. 35 00:01:55,680 --> 00:01:59,639 Speaker 1: Separately, Musk SpaceX is expected to launch its Starship rocket 36 00:01:59,640 --> 00:02:02,720 Speaker 1: on sound Saturday for its second test flight after a 37 00:02:02,760 --> 00:02:06,520 Speaker 1: one day delay. Starship is the most powerful rocket ever built. 38 00:02:06,800 --> 00:02:09,600 Speaker 1: Its first test flight in April ended when the rocket 39 00:02:09,800 --> 00:02:13,880 Speaker 1: blew up. Israel's military says its offensive in Gaza may 40 00:02:13,960 --> 00:02:17,480 Speaker 1: extend to the south of the territory, where many Palestinians 41 00:02:17,520 --> 00:02:20,320 Speaker 1: have sought refuge from heavy fighting in the north. The 42 00:02:20,400 --> 00:02:23,959 Speaker 1: telecom operator in Gaza said it was able to restore 43 00:02:24,040 --> 00:02:27,640 Speaker 1: service to part of the strip, ending a communications blackout 44 00:02:27,960 --> 00:02:32,200 Speaker 1: after Israel eased curbs on delivery of fuel needed for generators. 45 00:02:32,760 --> 00:02:35,560 Speaker 1: Police and Conquered New Hampshire report people shot at a 46 00:02:35,600 --> 00:02:39,280 Speaker 1: hospital Friday afternoon and that the gunman is dead. The 47 00:02:39,320 --> 00:02:42,560 Speaker 1: shooting happened at New Hampshire Hospital, which is an inpatient 48 00:02:42,600 --> 00:02:46,320 Speaker 1: psychiatric facility. Colonel Mark Hall as the director of the 49 00:02:46,320 --> 00:02:47,520 Speaker 1: New Hampshire State Police. 50 00:02:47,600 --> 00:02:50,400 Speaker 2: Active shooter situation occurred at the New Hampshire State Hospital 51 00:02:50,440 --> 00:02:52,760 Speaker 2: and was contained to the front lobby. 52 00:02:53,880 --> 00:02:56,200 Speaker 5: There is no active shooter threat to the public. 53 00:02:56,280 --> 00:02:59,639 Speaker 1: Conquered Police, the Merrimack County Sheriff's Office, and several other 54 00:02:59,720 --> 00:03:03,520 Speaker 1: laws enforcement agencies are investigating. The chairman of the House 55 00:03:03,560 --> 00:03:06,440 Speaker 1: Ethics Committee has filed a resolution to force a vote 56 00:03:06,440 --> 00:03:10,840 Speaker 1: on expelling Republican George Santos from Congress. The resolution was 57 00:03:10,880 --> 00:03:13,960 Speaker 1: announced a day after the Ethics Committee issued a withering 58 00:03:14,040 --> 00:03:18,560 Speaker 1: report detailing evidence that Santos converted campaign donations for his 59 00:03:18,720 --> 00:03:22,040 Speaker 1: personal use. The first round of layoffs in a massive 60 00:03:22,080 --> 00:03:25,600 Speaker 1: restructuring its City group could come next week. Sources say 61 00:03:25,639 --> 00:03:28,040 Speaker 1: there may be an announcement as soon as Monday. It 62 00:03:28,120 --> 00:03:31,359 Speaker 1: is not clear how many jobs will be cut. Could 63 00:03:31,440 --> 00:03:34,920 Speaker 1: your next performance review be written by a computer? It's 64 00:03:34,960 --> 00:03:38,760 Speaker 1: already happening on Wall Street, where HR software provider worked, 65 00:03:38,800 --> 00:03:41,880 Speaker 1: Day says some bosses are turning to AI to help 66 00:03:41,920 --> 00:03:45,760 Speaker 1: write reviews in an effort to cut costs. Separately, United 67 00:03:45,800 --> 00:03:48,840 Speaker 1: Health Group is facing a lawsuit over its use of AI. 68 00:03:49,240 --> 00:03:51,560 Speaker 1: Bloomberg's Amy Morris reports. 69 00:03:51,160 --> 00:03:53,760 Speaker 5: The healthcare and insurance company is accused of using a 70 00:03:53,800 --> 00:03:57,960 Speaker 5: faulty artificial intelligence algorithm to wrongly deny coverage for Medicaid 71 00:03:58,000 --> 00:04:01,760 Speaker 5: patients who need rehab after hospitalization. The suit alleges that 72 00:04:01,840 --> 00:04:06,000 Speaker 5: United Health's Medicare Advantage health plans denied payments for claims 73 00:04:06,000 --> 00:04:09,800 Speaker 5: from patient's medical caregivers, forcing up to seventy thousand dollars 74 00:04:09,800 --> 00:04:12,880 Speaker 5: in out of pocket costs for continued care. Amy Moore 75 00:04:12,880 --> 00:04:13,800 Speaker 5: as Bloomberg Radio. 76 00:04:14,200 --> 00:04:16,600 Speaker 1: Not much action on Wall Street as stocks closed out 77 00:04:16,640 --> 00:04:19,560 Speaker 1: another winning week. The main averages gained a tenth of 78 00:04:19,560 --> 00:04:23,080 Speaker 1: a percent or less. For a growing number of homeowners, 79 00:04:23,160 --> 00:04:27,080 Speaker 1: a mortgage is something other people have SINCEUS Bureau data 80 00:04:27,120 --> 00:04:30,880 Speaker 1: analyzed by Bloomberg shown nearly forty percent of US homes 81 00:04:30,920 --> 00:04:33,320 Speaker 1: were owned free and clear last year, and all time 82 00:04:33,400 --> 00:04:37,160 Speaker 1: high of nearly eight percent from twenty twelve. And that's 83 00:04:37,200 --> 00:04:40,599 Speaker 1: news when you want it with Bloomberg News Now. I'm 84 00:04:40,680 --> 00:04:43,120 Speaker 1: Larie Cofska. This is Bloomberg