5 Key Business Updates: OpenAI, Starlink, Charles Schwab, Sentinel, Astronomer CEO

OpenAI's Next AI Model

• 💡 OpenAI is reportedly planning to launch its next major artificial intelligence model, GPT-5, as early as next month.
• 💬 CEO Sam Altman confirmed on X that GPT-5 would be released "soon."

Starlink Outage

• ⚠️ Elon Musk's Starlink internet service experienced one of its largest international outages.
• ⚡ Tens of thousands of users were affected by a software failure, with service restored after approximately two hours.

Charles Schwab Stock Buyback

• 📈 Charles Schwab has authorized a new $20 billion stock buyback program, replacing its previous plan.

Sentinel Health Insurer Woes

• 📉 Shares of health insurer Sentinel are plunging after the company reported a surprise loss of 16 cents per share.
• 📊 The street had anticipated a profit of 86 cents per share; the CEO cited higher medical costs.
• 🗣️ Sentinel plans to provide full-year guidance later today.

Astronomer Executive Departure

• 💔 The human resources executive involved in an intimate moment with the CEO of Astronomer at a Coldplay concert has left the company.
• 💼 Astronomer CEO Andy Byron, who was married, resigned several days prior.