DIRS.INFO The most relevant business & tech news

☆ An Nvidia partner and more: Morgan Stanley names tech stocks set for a boost from Arm-based PC chips
▼ + stars: | 2024-05-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

The bank therefore expects Arm-based AI PCs to "start a transformation that will affect the global semis industry." Morgan Stanley added it believes that Apple may expand its Arm-based CPU to AI servers as well. The bank estimates that AI PCs will reach a penetration rate of 95% by 2027 — up from 8% in 2024. Stocks What stocks will benefit from Arm's foray into AI PCs? As for TSMC, Morgan Stanley says its foundry market share with the "x86" CPU market will grow.

Persons: Morgan Stanley, That's, TSMC, MediaTek, bode, — CNBC's Michael Bloom Organizations: Microsoft, Intel, AMD, Qualcomm, Apple, Nvidia Locations: British, Taiwan

☆ How one nonprofit is turning to AI to help boost women's financial literacy
▼ + stars: | 2024-04-29 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

One women-focused nonprofit has launched a new way to help them get faster answers to their queries through the use of an online AI chatbot. The organization, Savvy Ladies, was founded more than 20 years ago by Stacy Francis, a certified financial planner and president and CEO of Francis Financial in New York City. After seeing her grandmother stay in an abusive situation because she lacked financial resources, Francis created the nonprofit with the goal of helping other women avoid similar situations. watch nowThe new chatbot — provided through Microsoft Copilot — allows visitors to the Savvy Ladies website to type in their financial questions and receive immediate answers curated from the website's content written by CFPs and other financial professionals. Investors are more likely to trust advice from generative AI tools than from social media, according to a survey released last year from the CFP Board, a professional organization representing professional financial planners.

Persons: Stacy Francis, Francis, CFPs, Judy Herbst, Michael Roberts, William H, Lawrence, Roberts Organizations: Francis Financial, Microsoft, CNBC's FA, Wharton School, University of Pennsylvania, CFP Locations: New York City, CNBC's

☆ Teachers are using AI to grade essays. Students are using AI to write them
▼ + stars: | 2024-04-06 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +8 min

A report by strategy consultant firm Tyton Partners, sponsored by plagiarism detection platform Turnitin, found half of college students used AI tools in Fall 2023. The practice of using AI for writing feedback or grading assignments also raises ethical considerations. But teachers should then grade students’ work themselves when looking for novelty, creativity and depth of insight. “Using feedback that is not truly from me seems like it is shortchanging that relationship a little,” she said. She also sees uploading a student’s work to ChatGPT as a “huge ethical consideration” and potentially a breach of their intellectual property.

Persons: Diane Gayeski, “, ”, Gayeski, —, They’re, it’s, Dorothy Leidner, Leidner, Leslie Layne, Leslie Layne Leslie Layne, ChatGPT, OpenAI, Alan Reid, Layne, ” Nicolas Frank Organizations: CNN, Ithaca College, Tyton Partners, Microsoft, University of Virginia, University of Lynchburg, Houghton Mifflin Harcourt, Center for Research, Reform, Education, Johns Hopkins University Locations: Virginia, foolproof

☆ Microsoft's pricey AI assistant Copilot is giving some early adopters buyer's remorse
▼ + stars: | 2024-02-13 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Some early adopters of Microsoft's AI assistant, Copilot, are less than impressed, the Wall Street Journal reports. The first users balked at the hefty costs and said the AI would hallucinate wrong answers. AdvertisementMicrosoft is making a big bet on AI with its newly launched generative AI assistant Copilot, but some early adopters have been less than impressed. Others said the AI hallucinated wrong answers or calculated spreadsheets wrong, according to the outlet. And earlier this month, the techgiant rolled out Copilot internally, Business Insider's Ashley Stewart reported at the time.

Persons: —, Copilot, Copilot —, It's, wasn't, Jared Spataro, Spataro, Insider's Ashley Stewart, Satya Nadella Organizations: Wall Street, Microsoft, Service, Excel, Chemicals, Dow, Lenovo, Super Locations: Copilot, OpenAI

☆ Algorithms, bias and hallucinations: 20 important AI terms investors should know
▼ + stars: | 2024-02-04 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +25 min

Generative AI Neural networks are the heart of the increasingly popular type of AI known as generative artificial intelligence , or gen AI for short. Both traditional AI and gen AI systems rely on data and can be used to automate decision-making tasks. Microsoft's AI virtual assistant Copilot — which went live in November — is perhaps the most prominent generative AI feature among our portfolio companies. Bias Bias is another downside to AI systems — and LLMs in particular — that users need to consider. While GPUs have the upper hand in AI training, CPUs are understood to perform AI inference well.

Persons: OpenAI's, —, We've, that's, Chirag Shah, Shah, Mark Riedl, Bruce Springsteen, Einstein, Copilot —, Springsteen, OpenAI, it's, Riedl, Harry Potter, I've, ChatGPT, University of Washington's Shah, there's, he'd, Georgia Tech's Riedl, LLMs that's, Georgia Tech's, Meta, Grace Hopper Superchip, Jim Cramer's, Jim Cramer, Jim Organizations: Broadcom, Microsoft, Meta, Nvidia, Apple, Chirag, University of Washington, Google, Georgia Tech's School of Interactive Computing, YouTube, Netflix, Amazon, Facebook, Reuters, U.S, University of Washington's, OpenAI, New York Times, Club, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, Barcelona, U.S, WhatsApp, Istanbul, Georgia

☆ Wall Street sees more upside for these 5 portfolio stocks — all tech except for 1 retailer
▼ + stars: | 2024-02-03 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Wall Street analysts had a lot to say about our portfolio names as Big Tech earnings dominated the action. Alphabet Wall Street's call: Goldman Sachs raised Alphabet's 12-month price target to $171 per share from $164 after earnings. The Club's take: We raised our price target on Alphabet's following its post-earnings slump. Meta Platforms Wall Street's call: Meta Platforms received tons of price target increases Friday. Meta shares jumped more than 20% on Friday to a new record-high close.

Persons: Goldman Sachs, Goldman, we're, Jim Cramer, Meta, Mark Zuckerberg, CY27E, Oppenheimer, COST's, Jim Cramer's, Jim, Brendan Mcdermid Organizations: Wednesday's Federal, Wall Street, Big Tech, Microsoft, Barclays, Super, Citi, Meta, Investors, Nvidia, Bank of America, Club, Costco, CNBC, Traders, New York Stock Exchange Locations: CY23, New York City, U.S

During the Amazon Web Services cloud conference on Tuesday, Amazon unveiled upgraded AI chips, a new chatbot and an expanded partnership with Nvidia. Expanded Nvidia partnership Amazon on Tuesday outlined the details of its deepening partnership with semiconductor firm Nvidia – the global leader in the development of AI chips. Amazon's announcements involved not only Nvidia' bread-and-butter AI chips known as graphics processing units, or GPUs, but also its fast-growing – yet still underappreciated – software-and-service offerings. In general, Amazon has touted its own AI chips as being a lower-cost option for customers. Nvidia's AI hardware is known to carry a hefty price tag .

Persons: Grace Hopper Superchip, –, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Arjun Kharpal Organizations: Nvidia, Services, Amazon, Microsoft, Oracle, JMP Securities, CNBC, IAA, Qualcomm, Samsung Locations: Munich

☆ This is the commentary Cramer wants to hear most when Salesforce reports
▼ + stars: | 2023-11-29 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

Now, with the Club holding set to report earnings, Jim Cramer wants to hear whether its AI endeavors are really on track to boost its financials. "We want to hear that numbers must be raised next year because of the new business that [Salesforce is] getting now" as a result of AI, Jim said Tuesday. It's been a year since OpenAI's ChatGPT went viral and accelerated investment into generative AI applications, which can create human-like text sentences and images in response to user queries. Since then, Salesforce and other software companies have raced to incorporate generative AI capabilities into their existing products or launch new ones all together. Still, the analysts reiterated their buy-equivalent rating on Salesforce stock and a $250-per-share price target.

Persons: Jim Cramer, Marc Benioff, Jim, It's, OpenAI's ChatGPT, Salesforce, Piper Sandler, Jim Cramer's, Stefan Wermuth Organizations: Club, Adobe, Microsoft, LSEG, Oppenheimer, CNBC, Salesforce, Economic, Bloomberg, Getty Locations: Davos, Switzerland

☆ The biggest potential loser of the OpenAI fiasco wasn't Sam Altman. It was Satya Nadella.
▼ + stars: | 2023-11-19 | by ( Julie Bort | ) www.businessinsider.com time to read: +6 min

AdvertisementIf Sam Altman can't be convinced to return to OpenAI, Microsoft is in trouble. All of which means that the biggest loser if Altman can't be convinced to return isn't Altman. This OpenAI board is way over its head and the failed coup is now backfiring," investor Dan Ives, an analyst at Webush, told Business Insider. OpenAI only gave Microsoft a few minutes advance warning before announcing Altman's ouster, sources told Business Insider. Earlier this month the company made over 100 announcements of integrations with OpenAI tech across Microsoft's AI tools, AI models, tools in its cloud, the company told Business Insider.

Persons: OpenAI, Sam Altman, Altman, Webush's Dan Ives, —, VCs, Vinod Khosla, Greg Brockman, Altman wasn't, isn't Altman, Satya Nadella, Sam, Dan Ives, Brockman, Mira Murati, he's, Ives, ChatGPT Organizations: Microsoft, Service, Khosla Ventures, Chiefs, Nadella, Business, OpenAI, Google Locations: @OpenAI, Mira, Silicon Valley, OpenAI

☆ After ringing the register on Pioneer, we're looking to another oil player
▼ + stars: | 2023-10-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Wells, Jerome Powell, there's, Piper Sandler, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Bank, Club, Treasury, Federal, West Texas, Natural Resources, Exxon Mobil, Exxon, Coterra Energy, Microsoft Locations: pullbacks

☆ Microsoft is bringing an A.I. chatbot to data analysis
▼ + stars: | 2023-05-23 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Scott Guthrie, executive vice president of Microsoft's cloud and artificial intelligence group, speaks at the Microsoft CIO Summit in Redmond, Washington, on Feb. 1, 2023. Microsoft 's hefty investment in artificial intelligence chatbots is finding its way into data analysis. For example, the data can be tapped in Synapse Data Science for collaborating on AI models and Power BI business intelligence software for building charts and dashboards. A single Copilot will be available for the tools in the Microsoft Fabric portfolio, which includes Data Factory, Synapse Data Engineering, Synapse Data Warehousing, Synapse Real-Time Analytics and a new monitoring tool called Data Activator, in addition to Power BI and Synapse Data Science, a Microsoft spokesperson said. He said that Copilot will be able to write formulas using Microsoft's Data Analysis Expressions language in Power BI.

Search resuls for: "Copilot —"

11 mentions found