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☆ Reddit announces another big data-sharing AI deal — this time with OpenAI
▼ + stars: | 2024-05-16 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

OpenAI and Reddit are teaming up together in a new partnership. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOpenAI and Reddit announced a new partnership on Thursday in a move that will bring the social media platform's popular content to ChatGPT. "OpenAI will bring enhanced Reddit content to ChatGPT and new products, helping users discover and engage with Reddit communities," the companies said in a joint statement. This story is available exclusively to Business Insider subscribers.

Persons: Reddit, — Organizations: Service, Business Locations: OpenAI

☆ AI models like GPT-4o could give some blue-collar jobs a leg-up and force white-collar workers to adapt
▼ + stars: | 2024-05-15 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

GPT-4o and other multimodal AI models could soon change the way we work. An AI analyst said plumbers and electricians' jobs are safe, but "AI will impact any job that has data." AdvertisementOpenAI's newest model and others like it could dramatically reinvent the workplace wheel. GPT-4o, the company's newest multimodal model, can input and output a combination of text, audio, and images. This story is available exclusively to Business Insider subscribers.

Persons: —, OpenAI, Elon Musk Organizations: Service, Business

☆ OpenAI cofounder Ilya Sutskever is leaving the company 6 months after the failed Sam Altman ouster
▼ + stars: | 2024-05-14 | by ( Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Read previewOpenAI cofounder and chief scientist Ilya Sutskever is stepping away from the company after almost a decade, he said Tuesday in a post on X, formerly known as Twitter. Sutskever said he is "confident" that the company will continue to build technology that is "both safe and beneficial." This story is available exclusively to Business Insider subscribers. AdvertisementIn his own post on X, Altman said, "Ilya and OpenAI are going to part ways. AdvertisementTwo people familiar with the situation told Business Insider in December that Sutskever had essentially been shut out of OpenAI after the attempt to remove Altman as CEO.

Persons: —, Ilya Sutskever, Sutskever, @sama, Altman, Ilya, OpenAI, Sam Altman Organizations: Service, Business Locations: OpenAI

☆ An ancient coin collection worth $72 million is headed to auction after 100 years of secrecy
▼ + stars: | 2024-05-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

A legendary Danish coin collection will go up for sale later this year after 100 years. The auction house handling the sale says the collection is worth $72 million. The tycoon who compiled the collection stipulated it could not be sold until 100 years after his death. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of the most valuable privately-owned coin collections is headed to auction later this year after spending more than a century shrouded in secrecy.

Persons: —, Lars Emil Bruun Organizations: Service, Business Locations: Danish, Bruun's

☆ Boats still aren't safe from orcas as the Mediterranean yachting season kicks off and killer whales sink another yacht
▼ + stars: | 2024-05-14 | by ( Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

Killer whales took down another yacht on Monday as the Mediterranean yachting season begins. It's the latest incident of orcas clashing with boats, which has been on the rise in recent years. Marine biologists say the orcas are likely playing and may be learning the behavior from each other. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Mediterranean yachting season has kicked off for the summer — and it didn't take long for another yacht to fall victim to a killer whale encounter.

Persons: —, orcas Organizations: Service, Reuters, Business Locations: Strait, Gibraltar

AdvertisementThe unprecedented criminal trial of a former US president has delivered several stunning moments so far. Jurors get a peek at the 34 records at the heart of the caseTwo weeks into Trump's trial, jurors finally saw the paperwork at the heart of the matter. A courtroom sketch of Stormy Daniels on the witness stand in Donald Trump's hush-money trial. On the stand, Daniels said Trump told her she reminded him of his daughter, commenting on her blond hair and beauty. Trump's legal team requested a mistrial on the basis of Daniel's testimony.

Persons: —, Donald Trump, Trump, Stormy Daniels, Michael Cohen —, Hope Hicks, Cohen, Daniels, Hicks, Andrew Harnik, Jeffrey McConney, Deborah Tarassoff —, Alvin Bragg, Stephanie Clifford, Donald Trump's, Jane Rosenberg, Juan Merchan, audibly, Merchan, Judge Merchan, MARK PETERSON, Donald, Von ShitzInPantz, Todd Blanche, Joe Biden, Blanche, Cohen's Organizations: Service, Business, White House, Trump, White House Communications, AP, Trump Organization, Prosecutors, Reuters, Truth, Manhattan Criminal, Getty Locations: Manhattan, Lake Tahoe, New York City

☆ I'm a startup founder who moved from Houston to Tulsa for a more affordable lifestyle. I've been impressed by Tulsa's thriving entrepreneurial scene and small-city charm.
▼ + stars: | 2024-05-11 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Jhonathan Vazquez moved from Houston to Tulsa, Oklahoma, in 2021. My wife found a program called Tulsa Remote, which is a $10,000 stipend to bring remote workers to the city. AdvertisementI saw the acceptance rate for the Tulsa Remote program was low, but I figured we had nothing to lose. The Tulsa Remote program wanted people who wanted to be a part of Tulsa's community. Tulsa Remote helped set me up with the connections to start my company.

Persons: Jhonathan Vazquez, Vazquez, he's, —, I'm, Chandler, We're, We've, we've Organizations: Service, Titan, Tulsa, Tulsa Remote, Jhonathan Vazquez Tulsa Locations: Houston, Tulsa , Oklahoma, Houston , Texas, USA, Tulsa, Everything's, Dallas, Mexico

☆ My family got accepted into Tulsa's $10,000 relocation program. Here's what shocked me about the city's entrepreneurial scene.
▼ + stars: | 2024-05-11 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

He moved from Houston, Texas, to Tulsa, Oklahoma, in 2021 as part of the latter's incentive program to entice more remote workers. My wife found a program called Tulsa Remote, which is a $10,000 stipend to bring remote workers to the city. AdvertisementI saw the acceptance rate for the Tulsa Remote program was low, but I figured we had nothing to lose. I went through the interview process and got acceptedThe Tulsa Remote program wanted people who wanted to be a part of Tulsa's community. AdvertisementThe entrepreneurial community in Tulsa is greatTulsa Remote helped set me up with the connections to start my company.

Persons: —, Jhonathan Vazquez, I'm, Chandler, We're, We've, we've Organizations: Service, Titan, Business, Tulsa, Tulsa Remote, Jhonathan Vazquez Tulsa Locations: Houston , Texas, Tulsa , Oklahoma, USA, Houston, Tulsa, Everything's, Dallas, Mexico

☆ Sam Bankman-Fried has a new currency to trade in prison: rice
▼ + stars: | 2024-05-10 | by ( Sarah Gray | Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

FTX founder Sam Bankman-Fried, who was convicted on seven counts, gave an interview from prison to Puck. SBF told Puck he spends his days in a large dormitory room with 35 other men. He said he lives off beans and rice purchased from the commissary, and his rice is now prison currency. AdvertisementSam Bankman-Fried has a new currency to trade in prison at the Metropolitan Detention Center in Brooklyn. He told Puck that he has not been abused and does not "fear for his safety."

Persons: Sam Bankman, SBF, Puck, —, Fried, William D, Cohan, Cromwell, Damian Williams, Crypto, FTX Organizations: Service, Metropolitan Detention, Alameda Research, Puck News, Bureau of Prisons, Business, Sullivan Locations: Puck, Brooklyn, Alameda

☆ Billionaire Barry Sternlicht predicts weekly bank closures as the real estate sector battles high interest rates and inflation
▼ + stars: | 2024-05-09 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Billionaire Barry Sternlicht is worried about America's regional and community banks. Sternlicht told CNBC that banks may bear the consequences of the real estate crisis. AdvertisementBillionaire Barry Sternlicht offered an ominous prediction about America's regional banks amid a coming commercial real estate reckoning. The Starwood Capital Group CEO told CNBC on Tuesday that he thinks real estate's primary lenders — regional and community banks — could soon be bearing the brunt of high interest rates and inflation. "You're going to see a regional bank fail every day, or not — every week, maybe two a week," Sternlicht said.

Persons: Barry Sternlicht, Sternlicht, — Organizations: CNBC, Service, Starwood Capital, Business

☆ The top 10 destinations for remote workers
▼ + stars: | 2024-05-09 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

There are approximately 22 million remote workers in the US, many of whom are looking for new locales. MakeMyMove recently released its list of top 10 destinations for remote workers. As more and more people can do their jobs from anywhere in the country, new communities are popping up as hot spots for remote workers. There are about 22 million adults in the US who work from home. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business

☆ I've saved thousands and traveled to dozens of countries using a home-swapping website
▼ + stars: | 2024-05-08 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

The website helps facilitate accommodation exchanges between 150,000 users in 145 countries. Then HomeExchange sent me an offer, and I said to my husband, "Shall we give it a go?" The way it works is you subscribe to the website, make a profile, and list your home. We've stayed in places in Australia that are totally off the grid in conservation areas that don't have electricity. I think we've saved well over £100,000 using HomeExchange.

Persons: Julie Williams, HomeExchange, We've, That's, we've, John, I've, Martin, Mia, Monkey Mia, I'm Organizations: Service, NASA Locations: Devon, England, HomeExchange, Italy, Australia, New Zealand, Caribbean, St, Rarotonga, Cook Islands, Tasmania, Singapore, Nevis, Cook, Bali, Hong Kong, Ireland, France, Germany, Switzerland, Denmark, Belgium, Holland, Western Australia

☆ Elon Musk says there are too many non-technical managers at Boeing
▼ + stars: | 2024-05-07 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Tesla CEO Elon Musk suggested Boeing has "too many" non-technical managers. AdvertisementElon Musk is chiding Boeing on social media for employing "too many" non-technical managers amid a wave of ongoing layoffs at his own company, Tesla. Too many non-technical managers at Boeing. Advertisement"Too many non-technical managers at Boeing," Musk tweeted. Musk has opined about non-technical managers in the past, writing in a May 2020 tweet that he "strongly" believes "all managers in a technical area much be technically excellent."

Persons: Elon Musk, Boeing's Starliner, Tesla, —, Elon, Musk, bTXWAfxfrh — Elon, Musk's Organizations: Boeing, Service, Tesla, Business, NASA, SpaceX, International Space

☆ We left Colorado's cold weather and high taxes for California sunshine and a surprisingly cheaper cost of living
▼ + stars: | 2024-05-04 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Beth Ann: We planned on getting to California at some point. Beth Ann: We first started considering a move to California during COVID when we were sitting at home and couldn't go anywhere. AdvertisementEric and Beth Ann Mott said they love the access to nature and hiking in California. Courtesy of Eric and Beth Ann MottBeth Ann: You can't paint California with just one brush. Beth Ann: I think California will continue to be our long-term play.

Persons: —, realtors Eric Mott, Beth Ann Mott, Eric, Denver, Beth Ann, We're, Berkshire Hathaway HomeServices, Colorado, COVID, California Eric, Beth Anne, Beth Ann Mott Eric, it's, Colorado Eric, Everybody, they're, Beth Ann Mott Beth Ann, wouldn't Organizations: Service, realtors, Business, Kansas City, Berkshire Locations: Denver , Colorado, Oaks , California, California, Denver, Colorado, Oaks, Eric, COVID, Santa Monica, downtown, Los Angeles

☆ I landed a dream internship at Tesla. Now I'm scrambling after the company cancelled my internship 3 weeks before I was set to start.
▼ + stars: | 2024-05-02 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Tesla is revoking summer internship offers as the automaker grapples with layoffs. One college senior said she was disappointed to lose her internship just weeks before she was set to start. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA college senior who scored a prestigious Tesla internship is scrambling to make new professional plans after the automaker revoked her offer less than three weeks before she was supposed to start. I was looking for a big corporate internship," Gura said.

Persons: Tesla, Brook Gura, —, Brook, Austin, Gura, wasn't, she'd, she's Organizations: Tesla, Service, University of Texas, Business, LinkedIn Locations: Brook Gura

☆ Tesla revoked internships weeks before start date, students say
▼ + stars: | 2024-05-02 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Tesla interns say their offers were revoked less than a month before they were set to start. Two would-be interns posted on LinkedIn on Wednesday saying they had internships rescinded. The move comes as Tesla continues to make further cuts after slashing 10% of its staff last month. AdvertisementTesla revoked summer internships less than a month before the new interns were set to start, leaving ambitious college kids scrambling for new professional plans, students say. Two students who said they were would-be Tesla interns posted on LinkedIn on Wednesday saying they had offers rescinded just three weeks before they were set to join the EV company.

Persons: Tesla, — Organizations: LinkedIn, Service, EV, Business

☆ CEO of Anthropic — the AI company Amazon is betting billions on — says it could cost $10 billion to train AI in 2 years
▼ + stars: | 2024-05-01 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Anthropic CEO Dario Amodei said training AI could one day cost $100 billion. Amodei told CNBC that he isn't worried about the commoditization of large language AI models. Amodei told CNBC that current models already cost a company $100 million to develop — and that price will only increase as the technology advances. "I think we're going to see models trained in the next year are going to be about $1 billion," Amodei told the outlet. Amodei said some AI models may specialize in topics like law or national security, while others could gain expertise in biochemistry.

Persons: Dario Amodei, Amodei, —, Claude, Daniela Amodei, Elon Musk, we're Organizations: CNBC, Service, Amazon, Google Locations: Anthropic

☆ Ford's BlueCruise is the latest driver-assistance system under investigation after 2 fatal crashes
▼ + stars: | 2024-04-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Federal regulators are investigating Ford's BlueCruise system following two fatal crashes. NEW LOOK 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 . AdvertisementFederal auto regulators are looking into Ford Motor's driver-assistance system following two fatal crashes that the safety agency linked to the automation technology. The National Highway Traffic Safety Administration has opened an investigation into Ford's BlueCruise system, according to an agency filing made public Monday.

Persons: Ford's, —, BlueCruise Organizations: Service, Ford, Traffic, Administration, Business

☆ Nvidia employees said CEO Jensen Huang is 'not easy to work for.' He says that's how it should be.
▼ + stars: | 2024-04-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Nvidia CEO Jensen Huang has no qualms about being a demanding leader. Huang told "60 Minutes" that accomplishing "extraordinary" things requires hard work. AdvertisementNvidia CEO Jensen Huang has a reputation for being a formidable boss — and that's the way he likes it. In a recent interview with 60 Minutes, Huang was unsurprised when correspondent Bill Whitaker shared some of the words Nvidia employees used to describe the company's chief:"Demanding, perfectionist, not easy to work with," Whitaker said, citing people who work with Huang at the software company. This story is available exclusively to Business Insider subscribers.

Persons: Jensen Huang, Huang, —, Bill Whitaker, Whitaker Organizations: Nvidia, Service, Business

☆ I'm a 24-year-old who lives in Medora, North Dakota, which has a population of less than 150 people. We don't have a grocery store in town but we do have the Northern Lights.
▼ + stars: | 2024-04-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Madi Lee is a 24-year-old who moved to the tiny town of Medora, North Dakota, after college. The year-round population of Medora is less than 150 but the town explodes with tourists in summer. Medora, North Dakota, has always been one of my favorite places. It's a unique place, located in the North Dakota Badlands at the entrance of Theodore Roosevelt National Park. Madi Lee loves working the Medora Musical in the summer and enjoys the remote nature of North Dakota in the winter.

Persons: Madi Lee, Lee, —, Theodore Roosevelt, Teddy Roosevelt, It's, Dickinson, it's, We've Organizations: Service, Dakota Badlands, University of Minnesota, Theodore Roosevelt Foundation Locations: Medora , North Dakota, Medora, , North Dakota, University of Minnesota Duluth, North Dakota, Madi, Northern Minnesota

☆ Legal woes pile up for Trump allies: Giuliani, Meadows, and more indicted in Arizona election interference case
▼ + stars: | 2024-04-25 | by ( Kelsey Vlamis | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Rudy Giuliani and Mark Meadows are among those indicted in an Arizona election interference case. Multiple Trump allies and Arizona GOPers were charged with felony counts, including conspiracy. The indictment also appeared to list former President Donald Trump as "Unindicted Coconspirator 1." AdvertisementProsecutors charged Rudy Giuliani, Mark Meadows, and a slate of Arizona Republicans with multiple felonies in a 58-page indictment made public on Wednesday. A representative for Trump and the Trump Organization did not immediately respond to a request for comment from BI.

Persons: Rudy Giuliani, Mark Meadows, Donald Trump, —, Jenna Ellis, John Eastman, Christina Bobb, Trump, Mike Roman, Boris Epshteyn, Ted Goodman, Giuliani, Bobb, Charles Burnham, Eastman, George Terwilliger, Meadows, hadn't, Joe Biden Organizations: Trump, Service, Prosecutors, Arizona Republicans, The Washington, GOP, Eastman, Business, Post, United, Trump Organization Locations: Arizona, Maricopa County , Arizona, Ellis, United States, Georgia , Michigan , Wisconsin, Nevada, Georgia, Mar, New York

☆ Tesla's future is riding on Elon Musk believers
▼ + stars: | 2024-04-24 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Tesla had a tough first quarter, reporting a drop in revenue during a Tuesday earnings call. But Tesla's woes are unlikely to deter its fervent fans from continuing to support the company. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But luckily for Tesla, the company's fans are a fervent bunch, unlikely to be deterred by one bad quarter. During the Tuesday earnings call, Tesla reported a net income of $1.1 billion from January to March, which is down about 55% from last year.

Persons: Tesla, — Organizations: Service, Stock, Business

☆ Melinda French Gates and her daughters love Taylor Swift like the rest of us
▼ + stars: | 2024-04-24 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Melinda French Gates and her daughter Phoebe Gates are apparent Swifties. French Gates shared a video lip-synching Taylor Swift's single, "Fortnight," with her daughter. Both Melinda French Gates and Swift are among the rare class of female billionaires. Melinda French Gates and her daughter Phoebe Gates appear to count themselves among Taylor Swift's billions of fans, evidenced by an Instagram video of the mother-daughter duo singing along to one of the pop star's newest songs. Melinda French Gates, who co-founded the Bill & Melinda Gates Foundation with her ex-husband and Microsoft founder, is worth an estimated $12.9 billion, per Bloomberg.

Persons: Melinda French Gates, Phoebe Gates, Gates, Taylor, Swift, —, Taylor Swift's, Melinda Gates, Jennifer Gates Organizations: Service, Poet's Department, Forbes, Melinda Gates Foundation, Microsoft, Bloomberg

☆ Apple fans may already be moving on from the Vision Pro
▼ + stars: | 2024-04-23 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Read previewSome tech devotees already seem to be losing interest in Apple's Vision Pro just months after the futuristic headset hit the market. That's bad news for Apple, which spent eight years and billions of dollars creating the Vision Pro. Apple has seemingly responded to the growing disinterest by boosting marketing around the device, evidenced by the Vision Pro's prime placement on the company's website. The Vision Pro requires its wearer to attach a battery, start the device, and move through its interface each use. BI's Jordan Hart foresaw some of those issues back in February, writing that she was running out of reasons to wear the Vision Pro after just one week.

Persons: —, Mark Gurman, Apple, Gurman, BI's Jordan Hart, he'd Organizations: Service, Apple's Vision, Apple, Business, Vision

☆ I'm a Democrat who moved to Florida to be closer to my boyfriend. I was nervous about the politics and weather but have been most dismayed by the cost of living.
▼ + stars: | 2024-04-20 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

David Maughan, 32, moved from Richmond, Virginia, to Oakland Park, Florida, last year. As a progressive, Maughan said he was nervous about Florida's culture war politics. Everyone says the weather in Florida is great, but they don't realize that Florida is hot hot. David Maughan and his boyfriend Brandon were long-distance for three years before David moved to Florida in August 2023. David Maughan said he's been able to make friends in the Florida LGBTQ community by joining an adult sports league.

Persons: David Maughan, Maughan, he's, —, David, Brandon, Richmond, I'm, They've, it's, I've, disenfranchisement, hasn't, David Maughan Florida, We've, It's, He's Organizations: Service, Sunshine State, Business, Democrat, Democratic, Oakland Park, Broward Young Democrats, Sunshine Locations: Richmond , Virginia, Oakland Park , Florida, Florida, South Florida, Central Pennsylvania, Virginia, Richmond, Oakland, Fort Lauderdale, Broward County, Wilton Manors

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