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☆ Eric Newcomer is bringing his Cerebral Valley AI Summit to New York
▼ + stars: | 2024-04-15 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +3 min

Cerebral Valley New York will be Newcomer's first east coast event. AdvertisementThe Cerebral Valley AI Summit, the generative AI conference created by tech journalist Eric Newcomer and AI startup Volley, will be hosting its first New York event on June 27th. The original Cerebral Valley Summit, held in the Hayes Valley neighborhood of San Francisco in 2023, made headlines for producing one of the largest generative AI acquisitions ever and effectively firing the starting gun on the AI arms race. At the last Cerebral Valley Summit in November, 2023, it was a given that OpenAI had already won the AI battle. At the very first Cerebral Valley AI Summit, Newcomer half-jokingly challenged someone to raise $100 million at the conference.

Persons: —, Eric Newcomer, Mistral, OpenAI, Sam Altman, Altman, Ali Ghodsi, Reid Hoffman, Vinod Khosla, Anthropic, Daniela Amodei Organizations: Service, New, Google Locations: San Francisco, York, New York, Hayes, Francisco, Europe, MosaicML

☆ Hunter Biden agrees to deposition, GOP chairs say contempt resolution on track until a date is set
▼ + stars: | 2024-01-12 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

"We will not tolerate any additional stunts or delay from Hunter Biden," said House Oversight Chair James Comer, R-Ky., and Judiciary Chair Jim Jordan, R-Ohio, in a joint statement. Hunter Biden's surprising offer to appear for a private deposition came two days after Comer and Jordan's panels passed resolutions urging the House to hold him in contempt. But, "If you issue a new proper subpoena, now that there is a duly authorized impeachment inquiry, Mr. Biden will comply for a hearing or deposition," Lowell wrote. "We will accept such a subpoena on Mr. Biden's behalf." Hunter Biden is currently facing criminal charges in two federal courts.

Persons: Hunter Biden, Joe Biden, Biden, James Comer, Jim Jordan, Hunter, Comer, Biden's, Abbe Lowell, Jordan, Lowell, Comer's, Joe Biden's Organizations: Capitol, Department of Justice, Democratic, Court Locations: Washington , U.S, Ky, Ohio, U.S, Los Angeles, Delaware

☆ AI could mean free doctors and lawyers for everybody in 10 years, OpenAI investor Vinod Khosla believes
▼ + stars: | 2023-12-03 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Investor Vinod Khosla predicts AI will result in free lawyers, doctors, and tutors in 10 years. The 68-year-old billionaire said given AI's impressive capabilities, "I do think in 10 years we'll have free doctors, free tutors for everybody, and free lawyers so they can access the legal system." "This large transformation is the opportunity to free humanity from the need to work," Khosla told Semafor in an interview. Still, Khosla told Business Insider in October he doesn't want to place too big of a bet on AI at the moment. Given the hype around the technology, Khosla thinks that AI startups are overvalued, and that only a few will survive.

Persons: Vinod Khosla, Khosla, —, Eric Newcomer's, we'll, Semafor, doesn't Organizations: Service, Khosla Ventures Locations: OpenAI

☆ Clothing rental service Nuuly reaches profitability, beating rival Rent the Runway to the benchmark
▼ + stars: | 2023-11-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

The milestone marks the first time Nuuly has earned money since its launch in 2019, a goal for the company from the beginning as it looked to prove it could run a clothing rental business profitably. While there is wide demand for clothing rental services, particularly among younger consumers, the logistics of rental have made it difficult to make money, threatening the platforms' viability. watch nowNuuly and Rent's services are similar in that they both offer clothing for rent on a monthly basis for all sorts of occasions. The clothing rental market is still a budding industry. As brands look to convince consumers to rent instead of buy, offering a wide-ranging assortment has proven critical.

Persons: Natalie Rice, Nuuly, David Hayne, we've, Gen Z, Jenn Hyman, Rent, Hayne, Urban's, Richard Hayne Organizations: Natalie Rice Urban Outfitters, CNBC

The long-awaited move by Rep. James Comer, the chairman of the House Oversight Committee, to subpoena the president's son Hunter and his brother James comes as Republicans look to gain ground in their nearly yearlong investigation. Lawmakers also requested that James Biden's wife, Sara Biden, and Hallie Biden, the wife of the president's deceased son Beau, appear voluntarily for transcribed interviews. Requests for comment from Hunter Biden and James Biden were not immediately returned. The five-year investigation into Hunter Biden had been expected to end with a plea deal this summer, but it imploded during a July plea hearing. Weiss has now charged the president’s son with three firearms felonies related to the 2018 purchase of a gun during a period Hunter Biden has acknowledged being addicted to drugs.

Persons: Joe Biden's, James Comer, Hunter, James, Biden's, Biden, ” Comer, Hunter Biden, James Biden, Rob Walker, Lawmakers, James Biden's, Sara Biden, Hallie Biden, Beau, Donald Trump, Hunter Biden’s, Abbe Lowell, ”, Comer, MAGA, Lowell, Mike Johnson, Kevin McCarthy, Johnson, “, ” Johnson, Barack, Joe Biden, David Weiss, Weiss, Lindsay Whitehurst, Eric Tucker Organizations: WASHINGTON, —, Constitution, White, Democratic, White House, Fox News Channel, Fox, Republicans, Biden family’s, Department, Justice Department, Associated Press Locations: Kentucky, Louisiana

☆ House subpoenas James and Hunter Biden in GOP-led probe of the president's family
▼ + stars: | 2023-11-08 | by ( Ryan Nobles | Summer Concepcion | ) www.cnbc.com time to read: +7 min

House Republicans on Wednesday issued subpoenas to Hunter and James Biden — President Joe Biden's son and brother, respectively — as well as a Biden family associate, Rob Walker, in an escalation of Republicans' impeachment inquiry into the president. A representative and attorney for Hunter Biden and James Biden did not immediately respond to a request for comment. The subpoenas and interview requests come a day after the special counsel overseeing the probe into Hunter Biden testified before the House Judiciary Committee behind closed doors. The panel further alleges that the Biden family, their business associates and their companies received more than $24 million from foreign nations over approximately five years. "These records reveal how the Bidens sold Joe Biden around to the world to benefit the Biden family, including Joe Biden himself, to the detriment of U.S. interests," Comer said in the statement.

Persons: Jason Smith, Joe Biden, Hunter, James Biden, Joe Biden's, —, Biden, Rob Walker, James Comer, Walker, Sara Biden, James, Hallie Biden, Beau ), Elizabeth Secundy, Melissa Cohen, Hunter's, Tony Bobulinski, Hunter Biden, Ian Sams, Sams, Comer, should've, David Weiss, Weiss, " Weiss, Daniel Goldman, Mary Gay Scanlon, Ted Lieu, Ted Lieu of California —, Scanlon, Matt Gaetz, Jim Jordan, Jordan, — Tom Winter Organizations: House Republicans, Biden, Republicans, Judiciary, Justice Department, Committee, United, United States Attorneys, Department of Justice, NBC News, Trump, Democratic, Florida Republican Locations: Longworth, Ky, United States, New York, Ted Lieu of California, Ohio

☆ There's a new theory that Adam Neumann will buy back WeWork
▼ + stars: | 2023-11-08 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Ousted CEO Adam Neumann issued a statement saying it has been "hard to watch from the sidelines." Sources told Newcomer that they believe he will try to buy back or return to the company he founded. AdvertisementAdvertisementImprobable as it might seem, there's a theory floating around that WeWork founder Adam Neumann might buy the company, which filed for bankruptcy this week. Now, on Eric Newcomer's Substack, people who are familiar with Neumann and WeWork are speculating that the founder may be planning to take the company back. Neumann's own statement this week about the bankruptcy filing.

Persons: WeWork, Adam Neumann, —, Neumann, Eric Newcomer's Substack, texted, Jared Leto, it's Organizations: Service, Forbes

☆ Cerebral Valley, the AI conference that spawned a $1.3 billion deal, is coming back to San Francisco this year
▼ + stars: | 2023-09-19 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

Cerebral Valley, an AI conference run by Eric Newcomer's eponymous publication, just announced its second gathering of 2023. CVAI2 (Cerebral Valley AI Summit version 2.0) will take place on November 15 at the SFJAZZ Center in Hayes Valley, San Francisco. The neighborhood is nicknamed Cerebral Valley these days, due to the plethora of AI startups that have sprouted there. Ali Ghodsi, CEO of Databricks, and Naveen Rao, CEO of MosaicML, met for the first time at the initial Cerebral Valley AI Summit. That's the biggest generative AI startup deal so far, by my counting.

Persons: Vinod Khosla, Reid Hoffman, Adam D'Angelo, Eric Newcomer's, Mustafa Suleyman, Ali Ghodsi, Kanjun Qiu, Chris Lattner, May Habib, Naveen Rao, Jason Warner, Max Child, James Wilsterman, Amjad Masad, Clem Delangue, Emad, Daniela Amodei, Cristobal Valenzuela, Shane Orlick, MosaicML, it's Organizations: SFJAZZ, Service, Industry Locations: Hayes Valley, San Francisco, Wall, Silicon, Jasper

☆ Former Hunter Biden associate interviewed by Republican-led US House panel
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +3 min

[1/2] Devon Archer, a former Hunter Biden business associate, arrives for a deposition before the House Oversight and Accountability Committee at the O'Neill House Office Building in Washington, U.S., July 31, 2023. REUTERS/Kevin WurmWASHINGTON, July 31 (Reuters) - A former associate of Hunter Biden appeared before a congressional panel on Monday for an interview that Republican lawmakers hope will shed light on unproven allegations against Democratic President Joe Biden and his family. Devon Archer, who was subpoenaed by the House of Representatives Oversight Committee in June, appeared for an interview behind closed doors led by committee staff. House Republicans allege that Hunter Biden used his father's status as vice president in an influence peddling scheme while sitting on the board of Ukraine energy company Burisma nearly a decade ago. "We know that Devon Archer has met and communicated many, many times with Joe Biden about Burisma and other things," House Oversight Committee Chairman James Comer told Fox News on Sunday.

Persons: Devon Archer, Hunter Biden, Kevin Wurm WASHINGTON, Joe Biden, Donald Trump, Archer, Burisma, Trump, Jamie Raskin, Biden, Lev Parnas, Rudy Giuliani, James Comer, Biden's, Kevin McCarthy, David Morgan, Jonathan Ernst, Lisa Shumaker Organizations: Hunter, O'Neill, REUTERS, Democratic, House Republicans, Republican, Trump, New, New York City Mayor, Fox News, Revenue, U.S . Justice Department, Republicans, Thomson Locations: Washington , U.S, Ukraine, New York

☆ FTC chair Khan accused of 'abuse of power' in new US House probe
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, June 1 (Reuters) - The House Oversight Committee's Chairman James Comer opened a probe Thursday into U.S. Federal Trade Commission Chair Lina Khan's management of the agency, citing complaints of abuse of power. In a letter to Khan and agency officials dated Thursday, Comer cited complaints made by former commissioner Christine Wilson, a Republican. She had accused Khan of abuse of power by voting to challenge Meta's acquisition of virtual reality content maker Within. Wilson argued that Khan had said before coming to the FTC that Meta should be barred from making additional acquisitions, and that this meant Khan should be recused from FTC deliberations regarding the deal. "Under Chair Khan, the FTC is proud to be defending American consumers from harm and ensuring fair competition in the economy.

Persons: James Comer, Lina Khan's, Khan, Comer, Christine Wilson, Wilson, Douglas Farrar, Diane Bartz, Chizu Organizations: . Federal Trade, Chamber, Commerce, Republican, Meta, FTC, of Commerce, Thomson Locations: American

☆ House Republicans vow to avenge Trump indictment by going after 'spineless weasel' Alvin Bragg and President Joe Biden
▼ + stars: | 2023-04-04 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

Former President Donald Trump was charged with 34 felony counts Tuesday in Manhattan. House Republicans incensed by the arraignment began spitballing ways to fight back. "This day cannot be forgotten," Rep. Andy Biggs of Arizona wrote online in a post bemoaning the "unequivocal persecution of Donald Trump." Meanwhile, House GOP Conference chair Rep. Elise Stefanik predicted that all those seeking to politically harm Trump with this trial had actually sealed their own fates. "President Trump will defeat this latest witch-hunt, defeat Joe Biden, and will be sworn in as President of the United States of America in January 2025," she said in a press release.

☆ Dozens of AI enthusiasts gathered in San Francisco's Cerebral Valley for a summit on Thursday. Here are the top 3 takeaways from the event.
▼ + stars: | 2023-03-31 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +5 min

Dozens of AI enthusiasts gathered in SF's Cerebral Valley on Thursday for Eric Newcomer's AI summit. The handful of streets between San Francisco's Fillmore and Mission neighborhoods have been called a variety of names in recent times — Cerebral Valley, Bayes Valley, Hayes Valley — but on a Thursday morning in March, they were the home for dozens of AI enthusiasts, founders, and VCs looking to learn more about the space at independent journalist Eric Newcomer's Cerebral Valley AI Summit. The model to rule them allWith representation from several OpenAI competitors, including Anthropic, Adept, and Stability AI, a common question during panels was how the landscape of AI model providers would shake out. Others, like Stability AI founder and CEO Emad Mostaque, claimed that the question of AI models went beyond performance or cost to issues around transparency and accessibility. The future of codingWith the recent AI boom, a flock of startups have emerged to help developers build AI and non-AI applications.

☆ John Fetterman's picture-taking, buddy-making, convention-breaking first month on Capitol Hill
▼ + stars: | 2023-02-04 | by ( Warren Rojas | ) www.businessinsider.com time to read: +11 min

Delegation-mate Sen. Bob Casey told Insider that Fetterman is “off to a great start.”Top editors give you the stories you want — delivered right to your inbox each weekday. Insider spoke to Fetterman's colleagues, his staff, and congressional reporters about the newcomer's first month in Washington, and what to expect from him as Congress gets rolling. "I know Sen. Fetterman is interested in nutrition, and I share his concerns there, so I look forward to collaborating to get things done for folks in Pennsylvania and Vermont," Welch said. Food issues definitely fall under their purview as newly minted members of the Senate Committee on Agriculture, Nutrition, and Forestry. 'Off to a great start'Sen. Casey told Insider that Fetterman has already hit the ground running.

House Oversight Committee Chairman Rep. James Comer, R-Ky., effusively praised Twitter owner Elon Musk Wednesday for "being transparent" about the tech platform. "God bless Elon Musk," Comer said in an interview on CNBC's "Squawk Box." Comer's comments came just days after Musk visited Washington and met with House Republican leaders for over an hour, a group that included Comer. So while McCarthy and Republicans met with Musk for over an hour, Jeffries literally just "met" him. WATCH: Elon Musk polls Twitter users over whether he should remain as CEO

☆ U.S. House Republican to pursue safeguards on classified documents
▼ + stars: | 2023-01-30 | by ( David Morgan | ) www.reuters.com time to read: +3 min

WASHINGTON, Jan 30 (Reuters) - The Republican head of a key U.S. House of Representatives committee said on Monday that he will pursue bipartisan legislation to better ensure the proper handling of classified documents at the White House when administrations leave office. House Oversight Committee Chairman James Comer said it is essential to have legislation ensuring classified material is not transferred from the offices of the president and vice president to unsecured locations at the end of an administration. Classified documents have also turned up at the Indiana home of former Vice President Mike Pence. "Somebody needs to oversee all of the documents that are going into boxes to make sure they're not classified." The sessions follows a Comer demand for information from the National Archives concerning documents found in Biden's possession.

WASHINGTON, Jan 23 (Reuters) - The White House said on Monday that a search by the Justice Department of President Joe Biden's home on Friday had been carried out after a "voluntary, proactive offer" by his personal lawyers to the department. It was the latest in a string of discoveries of classified documents at Biden's Wilmington home and at a temporary office at the University of Pennsylvania. "This was a voluntary, proactive offer by the president's personal lawyers to DOJ to have access to the home," said White House spokesperson Ian Sams. Sams declined to provide more clarity on the exact content of the materials taken from the Wilmington house. Biden had been kept informed throughout this process, the White House said.

☆ White House tells House Republicans probing Biden documents that it will cooperate with 'legitimate oversight'
▼ + stars: | 2023-01-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +3 min

WASHINGTON — The White House Counsel's Office said it is reviewing recent requests from a GOP committee chair related to Biden's handling of classified documents and signaled they plan to cooperate to an extent. Delery, however, suggested that there will be a limit to what the White House is willing to share with Congress. To that end, White House staff will reach out to Committee staff to arrange a time to discuss this matter." Delery acknowledged that the FBI conducted a "thorough, consensual search" of Biden's Wilmington residence on Friday after the president's lawyers offered to provide access to his home. Comer's probe is one of two major House Republican investigations into the Biden documents.

☆ House GOP's 'all-star' oversight panel features 13 election deniers, 10 impeach-Biden-world advocates, and 3 congressional subpoena dodgers
▼ + stars: | 2023-01-19 | by ( Warren Rojas | ) www.businessinsider.com time to read: +5 min

House Republican leaders have stocked the oversight panel with partisan bomb-throwers. Many of the new panelists voted to overturn the 2020 election and defied Jan. 6 investigators. Retired Democratic Rep. Carolyn Maloney, who chaired the House Oversight Committee last session, asserted that this new cast of characters were getting into it for the wrong reasons. "The personal vendettas these committees pursue are not a legitimate use of the oversight power. "These are basically the people who own Kevin McCarthy at this point," Bardella told Insider at the Facts First event.

☆ House Oversight chair calls for release of visitor logs from Biden’s Delaware home
▼ + stars: | 2023-01-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Julie-Tsirkin-Circle-Byline-Template.Jpg | Julie Tsirkin | ) www.nbcnews.com time to read: +5 min

WASHINGTON — House Oversight Committee Chairman James Comer, R-Ky., on Sunday asked for the release of visitors logs from President Joe Biden’s home in Delaware in a letter to White House chief of staff Ron Klain. “Given the serious national security implications, the White House must provide the Wilmington residence’s visitor log,” Comer wrote in the letter to Klain. The former president’s Mar-a-Lago residence in Florida was searched by the FBI last year after multiple attempts to obtain classified documents. The president is cooperating with the Justice Department and National Archives amid the discovery of the classified documents, she said. "He showed no interest in investigating the far more serious situation with about 100 classified documents at Mar-a-Lago with evidence in the public domain of obstruction.

☆ Republicans want Biden home visitor logs - but not Trump's
▼ + stars: | 2023-01-15 | by ( Doina Chiacu | ) www.reuters.com time to read: +4 min

Republicans have sought to compare the Biden documents case with that of former President Donald Trump, who faces a federal criminal probe of how he handled classified documents after he left the White House. Comer said he would not seek visitor logs for Trump's Mar-a-Lago residence, where more than 100 classified documents were found in an FBI search. There is no legal requirement that U.S. presidents disclose visitors at their home or at the White House. The Biden administration reinstated disclosures of official guests to the White House and released its first batch of records in May 2021. TRUMP VS. BIDEN DOCUMENT ISSUESRepublicans in the U.S. House of Representatives launched an investigation on Friday into the Justice Department's handling of improperly stored classified documents possessed by Biden.

Aides previously found another batch of classified documents at his residence, and at a Washington think tank he was associated with. Earlier on Friday, House Oversight Committee Chairman James Comer wrote to the White House asking whether Hunter Biden had access to classified documents found at the president's private residence. In addition to examining Biden's handling of classified documents, Republicans are preparing to probe Hunter Biden's past business dealings in Ukraine. Republicans have sought to compare the investigation of Biden's handling of classified documents to the ongoing probe into how Trump handled classified documents after his presidency. The White House said Biden's attorneys found a small number of classified documents and turned them over after discovery.

☆ House GOP seeks Biden family 'suspicious activity reports' from Treasury
▼ + stars: | 2023-01-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan-Allen-Circle-Byline-Template.Jpg | Jonathan Allen | ) www.nbcnews.com time to read: +3 min

WASHINGTON — House Republicans asked the Treasury Department Wednesday to turn over documents related to the business ventures of President Joe Biden's family members, including "suspicious activity reports" connected to Biden's son Hunter Biden and brother James Biden. And Hunter Biden is under investigation by federal prosecutors in Delaware. Trump and congressional Republicans have called on the Justice Department to prosecute Hunter Biden for a variety of alleged misdeeds. In Wednesday's letter, Comer asked Treasury for records of suspicious activity reports related to Biden family members and their business associates. In addition to Hunter Biden and James Biden, the letter names Sara Biden, James Biden's wife and President Biden's sister-in-law, and Biden family business associates Rob Walker, Eric Schwerin and Devon Archer.

☆ 2 GOP lawmakers are looking into whether Biden's student-loan forgiveness is a 'serious ethics violation' and benefits staffers who helped craft the policy
▼ + stars: | 2022-09-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

GOP Reps. Foxx and Comer want investigations into the ethics of Biden's student-loan forgiveness. They're concerned that the staffers who helped craft the policy could stand to benefit from it. The White House has not yet given a direct response to Foxx and Comer's concerns. —Oversight Committee Republicans (@GOPoversight) September 15, 2022Since Biden announced the debt relief, Republicans have been on the offense, pursuing many routes to attempt to prevent the loan forgiveness from coming to fruition. Amid GOP pushback, Democratic lawmakers are blasting Republicans for trying to take relief away from millions of working Americans.

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