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"The V2MOM had nothing about generative AI," Parker Harris, who co-founded the company with Benioff, told CNBC in an interview. Harris, a Salesforce board member and now the technology chief of Slack, which Salesforce bought in 2021, said he'd rather avoid the limelight. Without the Data Cloud, Harris told CNBC, "I think we would have been in a much worse place." He told Benioff he'd redo the plan, the person said. They'll be talking more frequently, as Harris said they're about to kick off weekly meetings on Slack and Salesforce integrations.
Persons: Parker Harris, Marlena Sloss, Marc Benioff, ChatGPT, Benioff, Salesforce, Harris, Slack, he'd, Sam Altman, Noah Berger, Robin, Batman, Frank Dominguez, Dave Moellenhoff, Bobby Yazdani, Larry Ellison, Yazdani, Dominguez, Brett Queener, who's, Queener, Salesforce.com, He's, Ruth Asawa, Josef Albers, Miles Davis, Donald Trump, Jason Alden, Marc, Kara Swisher, David Paul Morris, Adam Selipsky, it's, Stewart Butterfield, Lidiane Jones, Cal Henderson, Benioff's, Parker, Noah Weiss, Denise Dresser, Weiss, Parker Harris emoji, They'll, Salesforce integrations, Stefan Slowinski Organizations: Salesforce, Bloomberg, Getty, CNBC, Google, Microsoft, Middlebury College, Apple, San, San Francisco Bay Area, Metropolis Software, Software, Saba Software, Oracle, San Francisco's Telegraph, YouTube, Facebook, Economic, Salesforce.com Inc, Web, VMware, Employees Locations: San Francisco, Silicon Valley, English, Vermont, North Carolina, San Francisco Bay, Moellenhoff, Kincaid's, Burlingame, San Francisco's, Salesforce, France, Italy, Nantucket, San, Pacific, Davos, Switzerland, Cliff, New York, Las Vegas, Hawaii
Nvidia shares were down sharply, one day before the leading artificial intelligence chipmaker's pivotal earnings report Wednesday evening. Tuesday's stock decline presents a great entry point for investors who don't own Nvidia, according to Jim Cramer. Investors who have been waiting for an opportunity to own Nvidia are getting one Tuesday, Jim said. Even for investors who have long owned the stock, Nvidia's decline Tuesday was welcome news. That is especially true if Nvidia's results and guidance don't surpass expectations at all.
Persons: Jim Cramer, Nvidia's, Jim, outperformance, it's, Jim Cramer's, Marlena Sloss Organizations: Nvidia, Investors, Nvidia's, Microsoft, Meta, CNBC, Bloomberg, Getty Locations: Santa Clara , California
Getting Ready for the Worst. Just in Case.
  + stars: | 2024-01-19 | by ( Will Higginbotham | Marlena Sloss | ) www.nytimes.com   time to read: +1 min
In the chilly dusk on a recent Saturday, nine people were creeping through the California hills. Their faces were painted in shades of green, yellow, brown and black, so that they blended into their surroundings. Moving uphill through thickets of trees, they tried to be silent, as if not to draw the attention of some unseen enemy. They were conscious of every breath, every dry leaf that crunched underfoot, every snapped twig. They were just civilians — biotech workers, a masseuse, an entrepreneur — who had decided to spend a weekend preparing themselves for a war, societal collapse or some other calamity.
Persons: , Jessie Krebs Organizations: U.S . Air Force Locations: California, U.S
‘Run With Joy and Love’
  + stars: | 2023-09-17 | by ( Patricia Leigh Brown | Marlena Sloss | ) www.nytimes.com   time to read: +2 min
At “Ready … set … exercise!” Taylor started pacing his fellow runners around the track, the trickiest stretch being a right angle that funnels into a gap between chain link fences. When Taylor started running, “everything connected mentally and spiritually,” he said. Taylor’s return to San Quentin is part of an extraordinary year in his life. He’s one of the subjects of “26.2 to Life: Inside The San Quentin Prison Marathon,” a documentary film by Christine Yoo. “Him getting out shows that just because you’re a lifer doesn’t mean you’re going to be in here forever.”
Persons: ” Taylor, Darren Settlemyer, Taylor, , , Christine Yoo, “ Markelle, Him Organizations: San Quentin Prison Locations: San Quentin, Santa Barbara
Our top 10 things to watch Thursday, Aug. 31 1. 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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. Marlena Sloss | Bloomberg | Getty ImagesOur top 10 things to watch Thursday, Aug. 31
Persons: we're, OKTA, CRWD, Stanley Black, Decker, Nvidia's, Jim Cramer's, Jim Cramer, Jim, Jan, Marlena Sloss Organizations: Broadcom, Dollar, Costco, UBS, Management, Nvidia, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Washington, San Francisco
Oracle (ORCL) upgraded to buy from neutral at UBS with a price target of $140. Piper Sandler increases its Broadcom (AVGO) price target to $925 from $830 ahead of earnings Thursday after the bell. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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: telco, Corie Barry, Piper Sandler, Bernstein, Jim Cramer's, Jim Cramer, Jim, Marlena Sloss Organizations: Oracle, UBS, Nvidia, Investing, Nasdaq, Verizon, Citi, underperform, Biden Administration, Medicare, pharma, DuPont, Broadcom, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Airbnb, Salesforce, San Francisco , California
Elon Musk plans 'TruthGPT' A.I. to rival OpenAI, DeepMind
  + stars: | 2023-04-18 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +2 min
Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, US, on Tuesday, Jan. 24, 2023. With an agency and industry-accepted rules in place, "I think we'll have a better chance of advanced AI being beneficial to humanity," Musk said. Previously, Musk signed a letter calling for a pause on advanced AI research, which he and others believe can harm society. The new technology would ostensibly compete with similar efforts by Sam Altman-led OpenAI, which was initially funded by Musk, Google's DeepMind and other AI initiatives around the world. Musk added that he is worried that current AI technology is "being trained to be politically correct, which is simply another way of ... saying untruthful things."
This access, however, allows Google to stay ahead of competition like Microsoft, while generating heaps of search traffic that Alphabet then monetizes with advertising. Alphabet vs. Microsoft Since Bing was first introduced in 2009, Microsoft has been trying to dethrone Google in search. About a month after unveiling the new Bing, Microsoft said in a blog post that the search engine topped 100 million daily active users (DAUs). By comparison, Google search gets more than 1 billion DAUs. Morgan Stanley said Alphabet's full integration of Bard into search is an important next step to showcase the company's "leading multiyear AI search and development."
Amid ongoing market volatility and renewed fears about the health of the banking sector, investors and analysts are increasingly targeting the stocks of companies with stellar balance sheets. Note: The Altman Z-score is derived from a model initially developed in the 1960s by New York University professor Edward Altman as a way to predict bankruptcies. We used an Altman Z-score of 5 to focus our list on the cream of the crop. Tier 1 Capital ratios are generally a better metric for monitoring the balance sheets of big banks. But the market may give heightened attention to companies with strong balance sheets in times of elevated economic uncertainty.
A fifth activist investor has taken a stake in Club holding Salesforce (CRM), making loud and clear that well-respected hedge funds see a money-making opportunity in the enterprise software giant. With activist investing becoming more common since the Great Financial Crisis, Jiang said it's not unheard of for a single company to be targeted by multiple firms. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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.
And Jim Cramer was on site in San Francisco to talk with leading tech CEOs , including the heads of Salesforce and its subsidiary Slack. Salesforce Co-CEO Marc Benioff Benioff said Salesforce is integrating Slack into Customer 360, the company's customer relationship management platform, so that it becomes the primary messaging system for users. Quip, the word processing app Salesforce acquired in 2016, will also be integrated into Slack. Salesforce Co-CEO Bret Taylor Taylor highlighted Salesforce's shift towards profitability -- it's aiming for a 25% operating margin in 2026 by limiting spending — and commitment to returning cash to shareholders. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
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