PayPal Shares Jump on Elliott's $2 Billion Stake, Annual Profit Guidance Raise PayPal shares shot up by 12 percent after the company announced about Elliott’s $2 billion (roughly Rs. 15,800 crore) stake. The company also raised its annual profit guidance. In a slew of changes, Blake Jorgensen will take over the role as Paypal's new chief financial officer from Wednesday. Jorgensen was earlier working with Electronic Arts.
OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini OpenAI released two open-source artificial intelligence (AI) models on Tuesday. This marks the San Francisco-based AI firm’s first contribution to the open community since 2019, when GPT-2 was released in open-source. The two new models, dubbed gpt-oss-120b and gpt-oss-20b, are said to offer comparable performance as the o3 and o3-mini models.
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