Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon. Today is Tuesday, December 2nd, and I'm your host, Kim Khan. Our top story so far. Like Van Helsing, OpenAI is hoping garlic will help it vanquish a foe.

The startup is developing a large language

model called garlic to counter Google's recent gains in AI development, according to the information.

The new model performed well compared to Google's Gemini 3 and Anthropics Opus 4.5

encoding and reasoning, and could solve key training and efficiencies that could let smaller

models match the performance of larger ones at a lower cost.

CEO Sam Altman has declared a code-red effort to improve Chat GPT's quality amid intensifying competition in the AI race.

According to the Wall Street Journal, Altman said OpenAI has more work to do on ChatGPT's personalization, speed, reliability, and its ability to answer a

wider range of questions. As a result, the startup will push back work on other initiatives,

including advertising, AI agents for health and shopping, and its personal assistant pulse.

The big question now is whether these breakthroughs translate into real-world traction

or just more echoes of progress on paper.

Open AI is fast-tracking garlic, which could be released as GPT 5.2 or GPT 5.5 by early next year.

Meanwhile, Apple's head of AI is out after a turbulent time of Siri stumbles.

John Gianna Andrea is leaving his post as senior vice president for machine learning

and AI strategy after seven years, and will briefly serve as an advisor.

Apple's poached alphabets Amar Subramanya, who helped develop Gemini to replace Gianandrea,

with the aim of bringing out a more personalized Siri next year.

And you know the AI trade is truly hit mainstream

when the old lady of Threadneedle Street is weighing in on high PEs.

The Bank of England warned that a multi-trillion-dollar AI infrastructure spending boom,

...