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Robinhood CEO Vlad Tenev explained the app's name choice in a recent podcast interview. When first presented, half of the company feared it would push wealthier customers away. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRobinhood CEO Vlad Tenev knows that the company's name is somewhat controversial — but that's part of the point. This story is available exclusively to Business Insider subscribers.

Persons: Vlad Tenev, Tenev, —, Logan Bartlett Organizations: Service, Business

☆ It's not just you, the AI dump feels never-ending right now
▼ + stars: | 2024-05-24 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewIf you feel like you can't keep up with the deluge of AI announcements, you're not alone. In the last two weeks, developers and consumers have been bombarded with a steady stream of AI updates and product launches, showing just how heated the AI race has become. Gartner's Chandrasekaran gave two reasons for why the flurry of AI announcements is happening now. AdvertisementThat means that there's going to be a lot of so-called AI washing and AI marketing as companies fight for a chance to get noticed, Chandrasekaran added. "And they could be calling it AI or they may be using more classic machine learning and calling it like Gen AI."

Persons: —, Eric Schmidt, OpenAI, Arun Chandrasekaran, Sundar Pichai, Gartner's Chandrasekaran, Chandrasekaran, It's, There's, it's, there's Organizations: Service, Business, Google, Gemini, Project Astra, Microsoft, Apple, Gartner, Bloomberg Locations: Paris

☆ Ex-Google CEO Eric Schmidt has an easy solution to the terrifying idea of AI with free will
▼ + stars: | 2024-05-22 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

At VivaTech in Paris, Eric Schmidt shared some unsettling predictions about the dangers of AI. The former Google CEO said if computers developed free will, "we're going to unplug them." AdvertisementEric Schmidt made some unsettling predictions Wednesday about AI while speaking at the annual VivaTech conference in Paris. Schmidt acknowledged that the development of AI posed dangers but said the biggest threats hadn't arrived yet. If and when those threats do materialize, Schmidt seems to think the world will have a way to deal with it.

Persons: Eric Schmidt, —, he's, Schmidt, hadn't Organizations: Google, Service, Business Locations: VivaTech, Paris

☆ Nvidia just keeps hitting it out of the park
▼ + stars: | 2024-05-22 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Nvidia released its fiscal first-quarter results on Wednesday and reported record quarterly revenues of $26 billion — outdoing analyst estimates for $24.65 billion. This story is available exclusively to Business Insider subscribers. Nvidia shared a solid forecast for the future, too, saying second-quarter revenue will be about $28 billion, also ahead of expectations. Nvidia also raised its quarterly dividend by 150%, from four to 10 cents per share, and announced a 10-for-1 stock split, effective next month. "We can expect that more bold innovative moves from Nvidia will help it maintain its industry position for the foreseeable future."

Persons: —, Nvidia's, Blackwell, Colette Kress, Kress, Jensen Huang, Jacob Bourne, Bourne Organizations: Service, Nvidia, Business, Blackwell, Google, Microsoft, " Tech

Microsoft's Build keynote kicked off at 12 p.m. CEO Satya Nadella is expected to give updates on Microsoft's generative AI products, like Copilot. Microsoft leaned further into its AI agent Copilot with new Copilot+ PCs announced on Monday. The annual Microsoft Build developer conference keynote kicked off at 12 p.m. ET on Tuesday, and CEO Satya Nadella is expected to unveil Microsoft's latest generative AI offerings, including Copilot.

Persons: Satya Nadella, — Organizations: Microsoft, Service, Google, Business

☆ Microsoft just announced AI computers that start at $999 — check out the Copilot+ PCs
▼ + stars: | 2024-05-20 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Microsoft unveiled its new AI-powered Copilot+ PCs at a press event. Copilot+ PCs offer up to 20 times more AI power and 22 hours of battery life, according to Microsoft. Pre-orders start today at $999, with availability from June 18 from brands like Microsoft Surface, Dell, and HP. Microsoft just unveiled a new line of Windows PCs designed for AI at a press event Monday. The new line, called Copilot+ PCs, is the fastest and most intelligent Windows model of a PC built yet, according to Microsoft.

Persons: — Organizations: Microsoft, Dell, HP, Service

☆ Microsoft is about to show off its next move in AI. Here's what to expect.
▼ + stars: | 2024-05-20 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewIt's about to be a big week for Microsoft. Copilot and other AI features in WindowsWedbush analysts expect Microsoft to roll out more Copilot and AI features into its consumer and enterprise product stack. Related storiesIves said putting AI features into Windows will give developers the foundation to build AI use cases through Windows and, ultimately, Azure. Ives said the new AI Surface updates will start a new PC-driven cycle that's "AI-led, from Dell to Microsoft, and ultimately to Apple as well." But according to Ives, Microsoft will be a "showstopper."

Persons: —, Dan Ives, Wedbush's, Wedbush, Ives, Google Organizations: Service, Microsoft, Google, Business, Windows, Oracle, Apple, Dell, Ives

☆ 7 tips to help you get a job in government contracting, according to recruiters
▼ + stars: | 2024-05-19 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

While lower pay in government jobs is sometimes viewed as a drawback of the sector, contracting companies tend to pay better than the federal government, and opportunities in this field are also increasing. Business Insider talked to three recruiters in the field to learn the best practices for getting a job in the industry. Make sure your clearances are up to dateMany government contracting roles require clearances, which can vary depending on the role and may also expire over time. Reach out to recruiters directlySince many government contracting opportunities have specific requirements, it can make a big difference to speak with a recruiter directly to find out what you need to do for that specific job. The site allows users to browse through thousands of open roles, many of which have contact info for recruiters.

Persons: —, Matt Grussendorf, Grussendorf, Lauren Irizarry, you've, Irizarry, it's, Quadesha Bynum, Bynum Organizations: Service, Business, Judge, —, Recruiting, Group, D.C, Employers Locations: Seattle, Southern California , Alabama, Denver

☆ 7 tips for looking for a job in government contracting, according to recruiters
▼ + stars: | 2024-05-19 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

Business Insider talked to three recruiters in the field to learn the best practices for getting a job in the industry. Make sure your clearances are up to dateMany government contracting roles require clearances, which can vary depending on the role and may also expire over time. Reach out to recruiters directlySince many government contracting opportunities have specific requirements, it can make a big difference to speak with a recruiter directly to find out what you need to do for that specific job. The site allows users to browse through thousands of open roles, many of which have contact info for recruiters. Grussendorf recommends reaching out to recruiters, talent acquisition at staffing agencies, or direct employers and telling them the job and salary range you're looking for to stay on their "candidate hot list."

☆ The Magnificent 7 companies are worth a combined $14 trillion — here's how much their CEOs make
▼ + stars: | 2024-05-18 | by ( Ana Altchek | Jyoti Mann | ) www.businessinsider.com time to read: +1 min

The "Magnificent Seven" companies include Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. Here's who earns the most, how much they all made last year, and how it breaks down. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe "Magnificent Seven" companies — Microsoft, Apple, Nvidia, Alphabet, Amazon, Meta, and Tesla — have a combined value of nearly $14 trillion.

Persons: Tesla, trillions, Here's, —, Tim Cook's, Andy Jassy Organizations: Apple, Meta, Microsoft, Nvidia, Service, Big Tech, Business

☆ OpenAI just dissolved its team dedicated to managing AI risks, like the possibility of it 'going rogue'
▼ + stars: | 2024-05-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

OpenAI's Superalignment team was formed in July 2023 to mitigate AI risks, like "rogue" behavior. OpenAI has reportedly disbanded its Superalignment team after its co-leaders resigned. AdvertisementIn the same week that OpenAI launched GPT-4o, its most human-like AI yet, the company dissolved its Superalignment team, Wired first reported. OpenAI created its Superalignment team in July 2023, co-led by Ilya Sutskever and Jan Leike. The team was dedicated to mitigating AI risks, such as the possibility of it "going rogue."

Persons: OpenAI's, OpenAI, —, Ilya Sutskever, Jan Leike, Sutskever Organizations: Service, Wired, Business

☆ I prompted AI to summarize Google's 45-page book about how to write the best AI prompts. Here are the key takeaways.
▼ + stars: | 2024-05-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Google handed out free guides on how to write successful AI prompts for Gemini at Google I/O. The booklet covers best practices for Google Workspace and gives examples for various professions. Some tips include drafting 21-word prompts that include persona, task, context, and format. AdvertisementGoogle handed out booklets about how to write successful AI prompts at its big summer developer conference, Google I/O. The guide breaks down how to best write AI prompts for Gemini for the company's Google Workspace apps, which include Gmail, Google Docs, Google Sheets, Google Meet, and Google Slides.

Persons: — Organizations: Google, Gemini, Service, Gmail, Business

☆ Sam Altman throws shade at Google's 'aesthetic'
▼ + stars: | 2024-05-16 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

OpenAI and Google each held major events this week announcing AI updates, one day apart. Sam Altman said he "cannot stop thinking" about the aesthetic difference between Google and OpenAI. The post led a Google engineer to call out Altman for timing OpenAI's event just before Google's. AdvertisementSam Altman isn't afraid to stir the pot a bit in the AI race, and his latest post took aim at Google. OpenAI and Google held their biggest events of the year so far, a day apart from each other — and AI was the theme of both.

Persons: Sam Altman, Altman, —, Sam Altman isn't, OpenAI Organizations: Google, Service, Astra, Business

☆ Sam Altman didn't eat or sleep much during his ousting, so he celebrated his return with 4 entrées and 2 milkshakes
▼ + stars: | 2024-05-16 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewAs the CEO of OpenAI, the last couple of years have been a whirlwind for Sam Altman. He's met with world leaders, feuded with Elon Musk, joined the billionaire club, and was fired from the company he cofounded before quickly securing his return. Within a day of his ousting, Altman said he received 10 to 20 texts from presidents and prime ministers around the world. "It was just like weird," Altman told podcast host Logan Bartlett. "Then it hit me that like, oh yeah, like all of these people had texted me and it wasn't weird," Altman said.

Persons: —, Sam Altman, Altman, He's, Elon Musk, Logan Bartlett, OpenAI —, he's Organizations: Service, OpenAI, Business Locations: Napa

☆ Sergey Brin says Google was 10 years too early with Google Glass — but they'd be perfect for AI
▼ + stars: | 2024-05-15 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Sergey Brin said at Google I/O that Project Astra is "the perfect hardware" for smart glasses. Google's cofounder said the tech giant was a decade too early with Google Glass, which famously flopped. Google revealed Project Astra on Tuesday, an AI agent that was also working on prototype glasses. Amazon also launched its own version of smart glasses in 2019. But as companies like Google and OpenAI show off just how impressive the next level of AI is, don't be surprised if the idea of AI glasses gains more traction.

Persons: Sergey Brin, —, Pichai, Zuckerberg, Meta's Organizations: Google, Astra, Service, Project Astra, CNBC, Amazon, Business

☆ Why are hundreds of Teslas parked outside a dying shopping mall? A local news station solved the mystery.
▼ + stars: | 2024-05-14 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Read previewChesterfield Mall, set to shut down in October, has become an unexpected parking lot for hundreds of Tesla vehicles over the last few months. The Teslas, including Cybertrucks, parked outside of the Chesterfield, Missouri, shopping spot puzzled people passing by, especially as the number of EVs seemed to increase over time. According to the report, Tesla is storing unsold vehicles at the mall until it shuts down. Staenberg said Tesla has occupied the space for about six or seven months and can stay until the mall closes in October. Inventory lots aren't uncommonTesla isn't the only car brand to store its unsold vehicles outside a dealership.

Persons: —, Michael Staenberg, Tesla, Staenberg, Tim Lowe, KTVI, General Motors, ramping Organizations: Service, Business, Chesterfield Mall, Ford's, Plant, General, oversupply, Cox Automotive, EV Locations: Chesterfield , Missouri, Chesterfield, Ford's Michigan, Wayne, Grand Blanc , Michigan, Berlin

Google's big summer conference, Google IO, kicks off today at 1 p.m. Business Insider will be in attendance and covering the biggest announcements — follow along below. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. ET to kick off Google IO, the company's annual developer conference. This story is available exclusively to Business Insider subscribers.

Persons: —, it's, Sundar Pichai Organizations: Google, Service, Business

☆ John Deere dealership says a solar storm left GPS tracking on farmers' tractors 'extremely compromised'
▼ + stars: | 2024-05-13 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

A severe geomagnetic storm hit the northern US. The storm caused auroras — and apparently disrupted precision farming systems, a John Deere dealership said. Satellite signals were "extremely impacted" by the storm, the dealership said. But for some farmers, the geomagnetic storm was more of a headache. This story is available exclusively to Business Insider subscribers.

Persons: auroras —, John, — Organizations: John Deere, Service, Business

☆ ChatGPT just made AI more human, and it should make its rivals nervous
▼ + stars: | 2024-05-13 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

The AI company basically planted a flag in the sand emblazoned with two words aimed at its Big Tech rivals: your move. The newest version of the AI chatbot, powered by OpenAI's new flagship AI model GPT-4o, can reason across audio, vision, and text in real time. AdvertisementAll the while, the voice assistant maintained a lighthearted and cheerful tone. In another instance, ChatGPT said the researcher was making it blush when he said he was talking about how "useful and amazing" ChatGPT was. Meanwhile, Amazon had plans to release an "Alexa Plus" paid version of the voice assistant that's powered by generative AI, Business Insider's Eugene Kim first reported.

Persons: —, Sam Altman, Mira Murati, Scarlett Johansson, Spike, Mark, ChatGPT, OpenAI, Alexa, Apple's Siri, Siri, There's, Insider's Eugene Kim Organizations: Service, Big Tech, Business, Warner Bros, Google, Apple, Amazon Locations: ChatGPT

Something new is coming from OpenAI, and Sam Altman will reveal more at 1 p.m. The OpenAI CEO said the news will include updates to ChatGPT and GPT-4. AdvertisementOpenAI is gearing up to introduce new — and possibly magical, according to its CEO — updates to ChatGPT. Cofounder and CEO Sam Altman has teased "new stuff" coming to ChatGPT and GPT-4, the AI model that powers its chatbot, and told his followers to tune in Monday at 1 p.m. Altman did rule out a couple of things you shouldn't expect — specifically GPT-5 or a new OpenAI search engine, which is reportedly in the works.

Persons: Sam Altman, —, Altman, OpenAI Organizations: Service, Business Locations: OpenAI

☆ I used to be a public school teacher. Now I work as a 'middleman' government contractor and can travel when I want to.
▼ + stars: | 2024-05-12 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

I used to be a special-ed teacher at a public school in Ohio, making around $50,000 annually. I work as a middleman, which means I'm the prime contractor and I bid on the opportunity. I've signed contracts in all kinds of sectors, including landscaping, HVAC cleaning, and construction. I put in about an hour of work on government contracting every dayI spend about an hour a day on government contracting. I have a team member that I work with now as well, and we work on finding opportunities, getting quotes, and submitting proposals.

Persons: —, Wes Fisher, I'm, I've, it's, texted Organizations: Service, Business, Forest Services Locations: Ohio, California , Nevada , Oregon , Pennsylvania, Florida, Louisiana, California, Utah, Panama, Dubai, Jamaica, Chicago, San Francisco

☆ Some Tesla owners just got a cool new update that makes loading their cars a lot easier
▼ + stars: | 2024-05-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Tesla owners must enable the feature in vehicle settings and ensure that phone settings allow for nearby interactions for the Tesla app. So far, the update is only available to iPhone 11+ users with the Tesla app 4.3.0+. However, a future update will extend the feature to Android users, according to Not a Tesla App. Another change in the software update allows owners to attend Zoom video calls from the car using the interior cabin camera. While you can only use the video feature if you're parked, you can still use the app with audio only during driving mode.

Persons: —, — Tesla Organizations: Service, EV, Twitter

☆ Sam Altman teases that OpenAI is announcing 'new stuff' on Monday that 'feels like magic'
▼ + stars: | 2024-05-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Sam Altman teased that OpenAI plans to announce "new stuff" that "feels like magic" on Monday. AdvertisementOpenAI is announcing new updates to ChatGPT and GPT-4 — and according to Sam Altman, they feel "like magic." The OpenAI CEO posted on X, formerly Twitter, on Friday to tease about the "new stuff" being announced soon. https://t.co/nqftf6lRL1 — Sam Altman (@sama) May 10, 2024OpenAI did not respond to a request for comment ahead of publication. AdvertisementReports have recently been swirling about OpenAI taking aim at Google's search engine with its own web search product in the works.

Persons: Sam Altman, OpenAI's, —, it's, Altman, we’ve, — Sam Altman, OpenAI, Microsoft's Bing, Ilya Sutskever Organizations: Service, Bloomberg Locations: OpenAI's

☆ Google CEO responds to 'woke AI' criticisms after Gemini debacle: 'We got it wrong'
▼ + stars: | 2024-05-09 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Google's CEO said "We got it wrong" in response to Gemini's AI debacle. Google has temporarily disabled Gemini's ability to generate images of people. AdvertisementGoogle's CEO reflected in a new interview on the company's Gemini AI image-generation debacle earlier this year, a controversy that drew backlash. Google CEO Sundar Pichai told Bloomberg in an interview published Wednesday that "we got it wrong" and it was a case in which good intentions went awry. Following criticism of the issue, Google paused Gemini from generating AI images of people while it corrected the changes.

Persons: Sundar Pichai, —, Pichai, should've, chatbot, Gemini Organizations: Google, Service, Bloomberg

☆ Sundar Pichai claps back at Microsoft's CEO after his comments about making Google 'dance'
▼ + stars: | 2024-05-09 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Google's CEO clapped back at Satya Nadella's comments about making Google dance with the "new Bing." Pichai said competition is normal in tech and he has a clear sense of what Google needs to do. AdvertisementMicrosoft CEO Satya Nadella once said he hopes the "new Bing" will make Google "come out and show that they can dance." But Google CEO Sundar Pichai likes to listen to his own music, he said in a new interview with Bloomberg published Wednesday. This story is available exclusively to Business Insider subscribers.

Persons: clapped, Satya Nadella's, Bing, Sundar Pichai, Pichai, —, Satya Nadella, Nadella Organizations: Google, Service, Bloomberg, Business

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