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☆ Friends From the Old Neighborhood Turn Rivals in Big Tech’s A.I. Race
▼ + stars: | 2024-04-29 | by ( Cade Metz | Nico Grant | ) www.nytimes.com time to read: +1 min

Today, they are two of the most powerful executives in the tech industry’s race to build artificial intelligence. Dr. Hassabis, 47, is the chief executive of Google DeepMind, the tech giant’s central research lab for artificial intelligence. Mr. Suleyman, 39, was recently named chief executive of Microsoft AI, charged with overseeing the company’s push into A.I. In 2010, they were two of the three founders of DeepMind, a seminal A.I. research lab that was supposed to prevent the very thing they are now deeply involved in: an escalating race by profit-driven companies to build and deploy A.I.

Persons: Mustafa Suleyman, Hassabis, Demis, —, Suleyman Organizations: National Health Service, Queen Elizabeth’s, Google, Microsoft, Big Tech, DeepMind Locations: Syrian, Cypriot, London

☆ CEOs make the message clear on AI's big payoff: Be patient
▼ + stars: | 2024-04-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

And the initial signs are quite positive here too," Zuckerberg told investors in an earnings call. AdvertisementElon Musk had even stronger words for investors on Tuesday after Tesla reported plunging profits. Even so, Musk insisted during an earnings call that Tesla is an AI company and had a specific message to any shareholder who thinks that Tesla won't develop self-driving someday. On Thursday, Microsoft and Alphabet reported profits, which they ascribed in part to their respective AI sectors. Google's parent company reported $23.7 billion in profits for the same period.

Persons: —, Apple, Demis Hassabis, Sam Altman, Mark Zuckerberg, Zuckerberg, we've, Elon Musk, Tesla, Musk, Matthew Prince, Sundar Pichai, Pichai Organizations: Service, Meta, OpenAI's, EV, Economic, Reuters, Nvidia, Microsoft Locations: Davos

☆ Google search boss warns employees of 'new operating reality,' urges them to move faster
▼ + stars: | 2024-04-23 | by ( Jennifer Elias | ) www.cnbc.com time to read: +9 min

"If there's a clear and present market reality, we need to twitch faster, like the athletes twitch faster," he said. The spokesperson highlighted the addition of generative AI to search and improvements in search quality, adding, "There's lots more to come." In March, Google named company veteran Elizabeth Reid to the role of vice president, leading search and reporting to Raghavan. "We're in a new cost reality," Raghavan said. Demis Hassabis, Google's AI leader, said in February after the tool was taken down that it would be re-released in weeks.

Persons: Prabhakar Raghavan, Julia Nikhinson, Raghavan, Sundar Pichai, TikTok, dory, Elizabeth Reid, Ruth Porat, We've, Jonathan Raa, we've, they've, Demis, Bard, Pichai, That's Organizations: Google, US, Bloomberg, Getty, CNBC, Mazda, Microsoft, Google Gemini, Nurphoto, Union's, European Commission, Gemini Locations: Washington , DC, Mountain View , California, Silicon Valley, India, Brazil, Brussels, Belgium

☆ Trump's hush-money trial is set to heat up
▼ + stars: | 2024-04-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's newsletter, we're looking at the first week of former President Donald Trump's criminal trial and what's at stake. What's on deck:This story is available exclusively to Business Insider subscribers. AdvertisementFormer President Donald Trump's hush-money trial — the first-ever criminal trial of a former president — got underway this week with jury selection . We did get a preview of Trump's potential defense: " Some accountant " handled the paperwork he's on trial for, Trump told reporters. AdvertisementThe trial is focused on 34 felonies alleging the Trump Organization's business records were falsified to hide other crimes.

Persons: —, Donald Trump's, CHARLY TRIBALLEAU, Drew Angerer, Tyler Le, Trump, Stormy Daniels, Daniels, Zelei, Loretta Mester, John Williams, Rebecca Zisser, David Lieb, Sundar Pichai, Demis, Google's, BI's Ben Bergman, Eddie Mulholland, Alyssa Powell, Samsung execs, Taylor Swift's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Getty, Trump, Cleveland Fed, York Fed, …, Bank of America, Google, Android, Bankers, Jefferies, Investor Conference, Samsung, Korea Economic, Disney, Warner Bros, American Express, Procter, Gamble, Poets Department Locations: Israeli, Iran, Israel, Florida, Korea, New York, London

☆ Trying to win the AI war is going to be expensive. Really, really expensive.
▼ + stars: | 2024-04-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The AI war is going to be really, really, really expensive. Simply put, the more chips you have, the more computing power available to train AI models on greater volumes of data. Justin Sullivan/Getty ImagesThe general business of training models is getting more expensive, too. AdvertisementStanford University's annual AI index report, published this week, notes that the "training costs of state-of-the-art AI models have reached unprecedented levels." The original technology behind AI models cost about $900 to train in 2017.

Persons: Demis Hassabis, —, Demis, Hassabis, they're, Jensen Huang, Justin Sullivan, Google's Organizations: Google, Service, TED, Microsoft, Nvidia, Stanford Locations: Vancouver

☆ Google DeepMind's CEO reportedly thinks it'll be tough to catch up with OpenAI's Sora
▼ + stars: | 2024-04-09 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Google DeepMind CEO may think OpenAI's text-to-video generator, Sora, has an edge. Demis Hassabis told a colleague it'd be hard for Google to draw level with Sora, The Information reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDemis Hassabis may think OpenAI's text-to-video generator is more advanced than one made by his own company. According to The Information, the Google DeepMind CEO recently told a colleague that it could be difficult for Google to draw level with OpenAI's Sora.

Persons: Demis Hassabis, it'd, Sora, —, OpenAI's Sora, OpenAI Organizations: Google, Big Tech, Service, Business

☆ It looks like it could be the end of the AI hype cycle
▼ + stars: | 2024-04-03 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewSome AI leaders are starting to ask themselves the question: should we be buying the hype? Almost a year and a half on from the launch of ChatGPT, the hype around the technology is seemingly everywhere. AI image generator Stability AI also lost its chief, Emad Mostaque, amid reports of financial pressure. Others though, like Google deep learning expert François Chollet, are keen to stress just how far off human intelligence today's AI models actually are. Until some real signs of money-making, human-level intelligence do emerge, expect more to call it all hype.

Persons: —, Bill Gates, Elon Musk, it's, Gary Marcus, Sam Altman, Marcus, GmjUDKhc6k — Gary Marcus, @GaryMarcus, Mustafa Suleyman, Emad Mostaque, Eric Schmidt, Demis Hassabis, Musk, François Organizations: Service, Business, Google, Invest, Investors, New York University, Nvidia, NVidia, Blackwell, Microsoft, Financial Locations: OpenAI, Sequoia

☆ Google's DeepMind CEO says the massive funds flowing into AI bring with it loads of hype and a fair share of grifting
▼ + stars: | 2024-04-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The funding bonanza over AI could add lots of hype and "maybe some grifting," says Demis Hassabis. "In a way, AI's not hyped enough but in some senses it's too hyped," the Google DeepMind chief said. "In a way, AI's not hyped enough but in some senses it's too hyped," Hassabis the Financial Times in a story published Sunday. The fervor amongst investors for AI, Hassabis told the Financial Times, reminded him of "other hyped-up areas" like crypto. "Some of that has now spilled over into AI, which I think is a bit unfortunate," Hassabis told the outlet.

Persons: Demis Hassabis, AI's, —, Hassabis, Fred Havemeyer, Havemeyer, We've, Gary Gensler, Gensler Organizations: Google, Investors, Service, Financial Times, Financial, Amazon, CNBC, Securities and Exchange Commission, SEC, Business Insider

Mustafa Suleyman, Co-founder Inflection.ai & DeepMind, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Microsoft said Tuesday it has hired Mustafa Suleyman, a co-founder of artificial intelligence startup DeepMind that Google acquired in 2014, to lead Copilot AI initiatives. Suleyman will become an executive vice president and CEO of Microsoft AI, reporting to CEO Satya Nadella. The new Microsoft AI group will work on Copilot, which appears in Bing, Windows and other Microsoft products. WATCH: We've hit 'peak hype' of the AI revolution, says DeepMind co-founder Mustafa Suleyman

Persons: Mustafa Suleyman, Inflection.ai, Suleyman, Satya Nadella, DeepMind, Elon Musk, Karén, Nadella, Mustafa, Demis Hassabis, Hassabis Organizations: Microsoft, Google, Windows, Consumer Locations: Davos, Switzerland, Bing

☆ Google restricts election-related queries for its Gemini chatbot
▼ + stars: | 2024-03-12 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Google announced it will restrict the types of election-related queries that users can ask its Gemini chatbot, adding it has already rolled out the changes in the U.S. and in India, where voters will head to the polls this spring. "Out of an abundance of caution on such an important topic, we have begun to roll out restrictions on the types of election-related queries for which Gemini will return responses," Google wrote in a blog post on Tuesday. "We take our responsibility for providing high-quality information for these types of queries seriously, and are continuously working to improve our protections." A Google spokesperson told CNBC that the changes are in line with the company's planned approach for elections.

Persons: Sundar Pichai, Gemini, Google's DeepMind, Josh Becker, screenshotting, Pichai, Sissie Hsiao, Bard Organizations: Google, CNBC, Gemini, Mobile, Democratic, Microsoft, Amazon Locations: Brussels, Belgium, U.S, India, Barcelona, California

☆ Microsoft engineer sounds alarm on company's AI image generator in letter to FTC
▼ + stars: | 2024-03-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

AdvertisementJones claimed in the letter that Microsoft's AI image generator can add "harmful content" to images that can be created using "benign" prompts. Jones, Microsoft, and the FTC didn't immediately respond to Business Insider's request for comment before publication. AdvertisementThis isn't the first time Shane publicly vocalized his concerns about Microsoft's AI image generator. Microsoft isn't the only major tech company that's been slammed for its AI image generator. "In a competitive race to be the most trustworthy AI company, Microsoft needs to lead, not follow or fall behind," he wrote.

Persons: —, Shane Jones, Jones, Vader, FTC didn't, Shane, OpenAI's ChatGPT, Demis Organizations: Service, Microsoft, Federal Trade Commission, Copilot, Business, LinkedIn, Star, CNBC, FTC, Google, Gemini

☆ Elon Musk is going to war with Google
▼ + stars: | 2024-02-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Elon Musk has been heavily criticising Google over the past week. Since the launch of Google's Gemini image generator, he's shared and replied to more than 100 posts about the company. Sharing a screenshot of one of Krawczyk's posts, Musk wrote : "This nut is a big part of why Google's AI is so racist & sexist." To give Musk some credit, Google's AI also appeared to be hard on him personally. After taking a similar issue with OpenAI's ChatGPT, Musk founded his own AI company and released Grok, a competing chatbot.

Persons: Elon Musk, —, Elon, he's, Demis Hassabis, Musk, Jack Krawczyk, Gemini, Joseph Stalin, Adolf Hitler, Grok, OpenAI's, ChatGPT's Organizations: Google, Service, Big Tech, Gmail, Republicans, Krawczyk, BI, V1.5

☆ Citi is betting big on high-profile executives to turn things around
▼ + stars: | 2024-02-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

In today's big story, we're looking at the reshuffling of top executives at two of the biggest US banks . Viswas Raghavan, JPMorgan's top dealmaker, has joined Citi as its head of banking and executive vice chair, reporting directly to CEO Jane Fraser. The move is a big deal, but even more shocking since Raghavan was just promoted to be the sole head of JPMorgan's deals business. Since high interest rates aren't stopping stocks from reaching record highs, cuts might not come at all this year , according to analyst Jim Bianco. Market vet Ed Yardeni said interest rates are actually in a sweet spot for stocks, similar to the late '90s.

Persons: Viswas Raghavan, Jane Fraser, Raghavan, Filippo Gori, Doug Petno, Insider's Reed Alexander, Patrick T, Fallon, Fraser, Merrill Lynch, Andy Sieg, Warren Buffett, Warren, Berkshire Hathaway's, Jim Bianco, Ed Yardeni, Gemini, Demis Hassabis, Long, Alyssa Powell, they've, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Citi, JPMorgan, Warren, Warren Buffett REUTERS, Chip, Berkshire, Buffett, Research, Wall, BI, Google, eBay Locations: Bronx, Gori, Rivian, New York, London

☆ Expect AI-made prescription drugs to be ready for clinical trials in a couple of years, predicts Google DeepMind CEO
▼ + stars: | 2024-02-26 | by ( Sarah Jackson | ) www.businessinsider.com time to read: 1 min

AdvertisementOne of the foremost figures in AI thinks prescription drugs designed by AI could reach clinical testing in a few years. Google DeepMind CEO Demis Hassabis discussed his prediction on an episode of The New York Times podcast "Hard Fork" released Friday. "I think we are very close," Hassabis said when asked about whether AI was close to being capable of helping cure a major disease like Alzheimer's or a cancer. "I would say we're a couple of years away from having the first truly AI-designed drugs for a major disease, cardiovascular, cancer." This story is available exclusively to Business Insider subscribers.

Persons: Demis Hassabis, Hassabis Organizations: Google, The New York Times, Business

☆ Google’s Gemini AI picture generator to relaunch in a 'few weeks' following mounting criticism of inaccurate images
▼ + stars: | 2024-02-26 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

Google introduced the image generator earlier this month through Gemini, the company's main suite of AI models. "We are hoping to have that back online very shortly in the next couple of weeks, few weeks." "The Gemini debacle showed how AI ethics *wasn't* being applied with the nuanced expertise necessary," Margaret Mitchell, chief ethics scientist at Hugging Face and former co-leader of Google's AI ethics group, wrote on X. On Sunday, a text-based user query went viral, asking the Gemini chatbot whether Adolf Hitler or Elon Musk's tweeting of memes had a greater negative impact on society. WATCH: Google's Gemini chatbot is 'evolutionary not revolutionary'

Persons: Demis Hassabis, Hassabis, Bard, OpenAI's, Gemini, Margaret Mitchell, Sundar Pichai, Pichai, Adolf Hitler, Elon Musk's, Elon Musk, Elon, Hitler, Sissie Hsiao Organizations: Google, Gemini, Mobile, Microsoft Locations: Barcelona, German, British, France, ChatGPT

☆ Google DeepMind CEO addresses the Gemini debacle and says image generator could be back in a 'couple of weeks'
▼ + stars: | 2024-02-26 | by ( Hugh Langley | ) www.businessinsider.com time to read: +1 min

Google DeepMind CEO Demis Hassabis addressed the Gemini debacle at Mobile World Conference. He said the company hopes to have the image generator online again in a "couple of weeks." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGoogle DeepMind CEO Demis Hassabis said the company hopes to relaunch its artificial intelligence image generator as soon as the next "couple of weeks." Google paused access to its image generator last week after users found that the tool would produce historically inaccurate images, including racially diverse images of the US Founding Fathers and Nazis.

Persons: Demis Hassabis, — Organizations: Google, Mobile World Conference, Service, Business

Apple | Spotify | Amazon | YouTube Listen and follow ‘Hard Fork’This week’s episode is a conversation with Demis Hassabis, the head of Google’s artificial intelligence division. We talk about Google’s latest A.I. models, Gemini and Gemma; the existential risks of artificial intelligence; his timelines for artificial general intelligence; and what he thinks the world will look like post-A.G.I. Additional listening and reading:

Persons: Demis Hassabis, Gemma Organizations: Apple, Spotify, YouTube

☆ Here's everything you need to know about Gemini 1.5, Google's newly updated AI model that hopes to challenge OpenAI
▼ + stars: | 2024-02-19 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

In Gemini 1.5, improvements to the new tech are leaps and bounds above what the original Gemini can do. Gemini 1.5 Pro's context window capacity, however, can handle up to 1 million tokens. Gemini 1.5 is also getting better at generating good responses from super-long queries, without a user needing to spend much additional time fine-tuning their queries. Google says that in rolling out Gemini 1.5, it underwent extensive ethics and safety testing to greenlight it for wider release. The tech company has conducted research on AI safety risks and has developed techniques to mitigate potential harm.

Persons: —, Sundar Pichai, Demis Hassabis, OpenAI's, Febrary, MoE Organizations: Service, Google, Gemini

☆ AI experts are roasting the NYT list of 'who's who' in AI for having zero women
▼ + stars: | 2023-12-04 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

The New York Times list of "who's who" in AI has been slammed for featuring zero women. "Godmother of AI" Fei-Fei Li criticized the list, writing, "It's not about me, but all of us in AI." AdvertisementThe New York Times' profile of "who's who" in AI, published Sunday, has drawn criticism for featuring zero women. "You literally erased all the heavy hitting women of AI and but included people who are more 'influencers,'" wrote Daneshjou. AdvertisementThe New York Times did not immediately respond to a request for comment from Business Insider, sent outside regular business hours.

Persons: Fei, Fei Li, —, Kara Swisher, Li, It’s, recup, asha, Dane, Wale, ari, Hass, Hoff, lon Musk Organizations: New York Times, Service, ust, ctu, rit, emi Locations: usk

☆ Elon Musk invested in Deep Mind after its founder told him that AI could destroy human colonies on Mars: NYT
▼ + stars: | 2023-12-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk once told DeepMind's Demis Hassabis about his plans to colonize Mars, per NYT. But Musk was left dumbfounded after Hassabis said that AI might destroy his colonies on Mars. Hassabis told Musk that the plan would work if artificial intelligence didn't make the trip to Mars. According to Hassabis, AI being in the mix would lead to the human colony's destruction, too. In March, Musk told a Tesla shareholder during the company's investor day that he was "a little worried about AI stuff."

Persons: Elon Musk, DeepMind's, Musk, Hassabis, —, Demis Hassabis, he'd, Peter Thiel —, OpenAI's, DeepMind Organizations: Service, Elon, The New York Times, The Times, SpaceX, Google, Musk, Business Insider Locations: Mars, DeepMind

☆ Larry Page accused Elon Musk of favoring human species over digital life forms during an argument about the dangers of AI at Musk's 44th birthday
▼ + stars: | 2023-12-03 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Larry Page and Elon Musk argued about AI at Musk's 44th birthday party in 2015. AdvertisementTesla CEO Elon Musk and Google cofounder Larry Page disagree so severely about the dangers of AI it apparently ended their friendship. At Musk's 44th birthday celebration in 2015, Page accused Musk of being a "specieist" who preferred humans over future digital life forms, according to The New York Times . Isaacson wrote that Musk said to Page at the time, "Well, yes, I am pro-human, I fucking like humanity, dude." "The future of AI should not be controlled by Larry," Musk told Hassabis, according to Isaacson's book.

Persons: Larry Page, Elon Musk, Page, Musk, —, Musk's, Talulah Riley, Walter Isaacson, Isaacson, Demis Hassabis, Larry, Sam Altman Organizations: Service, The New York Times, New York Times, Times, Google Locations: British, Napa Valley

☆ DeepMind's cofounder Demis Hassabis is a chess champion who landed funding from Peter Thiel by talking about a key tension in the game
▼ + stars: | 2023-12-03 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBefore DeepMind's Demis Hassabis became a leading figure in AI, he was a chess master who had won multiple world championships. Hassabis told Thiel that the best chess players understood the unique strengths of the bishop and the knight, even though both pieces hold the same value. It was not only DeepMind's first significant investment but also one of Thiel's first investments outside the Silicon Valley orbit. He felt the power of Silicon Valley was sort of mythical, that you couldn't create a successful big technology company anywhere else.

Persons: —, Demis Hassabis, Hassabis, Peter Thiel, Thiel, Shane Legg, Mustafa Suleyman, he'd, It's, DeepMind Organizations: Service, DeepMind, The New York Times, Times, Google, Business Locations: West Coast, Silicon, London

☆ Nvidia CEO Jensen Huang says artificial general intelligence will be achieved in five years
▼ + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Nvidia CEO Jensen Huang said AGI will be reached in five years during the 2023 NYT DealBook Summit. Huang defined AGI as tech that exhibits basic intelligence "fairly competitive" to a normal human. Still, he admitted that AI technology is not quite there yet despite its rapid progress. AdvertisementJensen Huang, the CEO of Nvidia — one of the companies that is fueling the AI revolution — predicts that we may be able to see artificial general intelligence, or AGI, within the next five years. "Software can't be written without AI, chips can't be designed without AI, nothing's possible," he concluded on the point of AI's potential.

Persons: Jensen Huang, Huang, —, Andrew Ross Sorkin, Ross Sorkin, Sorkin, Ilya Sutskever, Ian Hogarth, John Carmack, Demis Hassabis, Nvidia didn't Organizations: Nvidia, Service, New York Times DealBook, AIs, OpenAI

☆ Elon Musk says he'd 'like to be friends again' with Google cofounder Larry Page after they got in a spat over AI
▼ + stars: | 2023-11-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Elon Musk says he wants to rebuild his friendship with Google cofounder Larry Page. Page reportedly once called Musk a speciesist in a discussion about humanity and AI safeguards. We were friends for a very long time," Musk said of Page on Lex Fridman's podcast. AdvertisementAdvertisementElon Musk wants to be on good terms with Larry Page again after the two fought over AI safeguards. AdvertisementAdvertisement"The future of AI should not be controlled by Larry," Musk told Hassabis, according to the biography.

Persons: Elon Musk, Larry Page, Page, Musk, Lex Fridman's, —, Larry, Walter Isaacson's, DeepMind, Demis Hassabis, Tucker Carlson, OpenAI, Sam Altman Organizations: Service, Google Locations: DeepMind

☆ Don't let Big Tech write the AI rules, warns AI godfather
▼ + stars: | 2023-11-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

An AI godfather says we should all be worried about the concentration of power in the AI sector. Bengio said the control of powerful AI systems was a central question for democracy. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementThe concentration of power in the AI arena is one of the main risks facing the industry, an AI godfather says. Regulation, at least in its current form, will not be the boost for big tech companies that some industry experts have suggested it could be, he added.

Persons: Yoshua Bengio, Bengio, —, Yoshua, I've, Yann LeCun, OpenAI's Sam Altman, LeCun, Anthropic's Dario Amodei, Benigo Organizations: Service Locations: Canadian, ChatGPT

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