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AI skeptics — who are legion, and not necessarily part of the fringe tin foil hat crowd — are begging Silicon Valley to take a beat before unleashing AI to the world. Then, the big reveal: It’s all contained in Apple’s new iPad, its thinnest and most powerful ever, thanks to its brand new AI chip. Meanwhile, is anyone else getting inundated with Google’s Pixel ads, which show people giddily using the smartphone’s AI photo-editing software to deceive their online followers? Apple is expected to announce its own ChatGPT-like tools that could be a game changer for your internet searches. The Jeff Goldblums of the AI debate — who include some of the industry’s own pioneers — are not necessarily saying we have to smother AI and pretend it never existed.
Persons: CNN Business ’, Jeff Goldblum’s, , John, that’s, , Cher’s, Asif Kapadia, , Luke Barnett, Apple, Tim Cook, Apple’s, Siri, I’ll, We’re, Jeff Goldblums, weren’t Organizations: CNN Business, New York CNN, Google, Apple, Space Invaders Locations: New York
In Donald Trump’s felony trial last week, we heard about Hulk Hogan’s sex tape, and we watched Hope Hicks cry. So far this week, we heard all about ledgers, invoices and accounts payable stamps. We watched as a loyal Trump accountant authenticated Allen Weisselberg’s handwriting. The same documents with different dates popped up not once or twice but over and over again. The documents were validated today by a former senior vice president of the Trump Organization, Jeffrey McConney, and an accounts payable supervisor, Deborah Tarasoff, both of whose legal fees are being paid by the company.
Persons: Donald Trump’s, Hope Hicks, Allen, Trump, Michael Cohen, Jeffrey McConney, Deborah Tarasoff Organizations: Trump, Trump Organization
astead herndonLast year, the comedian was Roy Wood Jr., a veteran of “The Daily Show” on Comedy Central —archived recording (roy wood jr.) Happy to be here. I don’t think you can ignore anything that the American people are bringing to you. So I think that’s where it ain’t funny to a lot of people. And I think that’s what we’re — those are the only two things we’re armed with is either laughs or yelling. But now do you want the funny guy that’s going to be in control of your uterus?
Persons: astead herndon, Jon Stewart, Wanda Sykes, roy, Dark Brandon, Roy Wood Jr, astead herndon —, I’ll, I’m, Clarence Thomas, There’s, Trump, it’s, Donald Trump, , Biden, ” I’m Astead, , Showtime ”, that’ll, astead herndon Really, It’ll, astead, Jim Messina, Joe Biden, Rupert Murdoch, That’s, Harry Styles, Don Lemon, Harris, Ron Klain, exoticize Joe Biden, Scranton Joe, we’re, you’re, Obama, herndon, we’ve, Bob Dole, that’s, George Floyd, They’re, what’s, Roy, Buddy, who’s, Trayvon Martin —, let’s, Ludacris, Kim Kardashian, Ray J, Kardashian, astead herndon Roy, he’s, Joe Biden’s, It’s, I’ve, He’s, George Lopez, they’re, astead herndon I’m, there’s, John Oliver — astead herndon, , Sarah Palin, Tina Fey’s, Nikki Haley, ain’t, Haley, Nikki Haley can’t, donald, Ron “ DeSanctimonious, astead herndon It’s, who’ve, Obama Obama, Lock, Hillary’s, Marco, You’re, Little Marco, Karine Jean, Pierre, astead herndon That’s, Donald Trump’s, Stormy Daniels, Jonah Bromwich, haven’t, jonah bromwich You’ve, We’ve, Michael Cohen, David Pecker, don’t, Trump — jonah bromwich, He’ll, biden, astead herndon Joe Biden, Let’s, She’s Organizations: White, Super, Comedy, , Disney, The New York Times, Showtime, astead herndon, Trump, Biden, Paramount, BET, Scranton, Republicans, Florida, M University, Black College, Republican, Democratic Party, Democratic, Democrat, RFK, Party, Tea Party, SNL, Democrats, Tower, National, , AMI, Trump — Locations: Washington , DC, France, America, ” I’m Astead Herndon, herndon, Scranton, Tallahassee, Birmingham , Alabama, Birmingham, astead herndon, South Carolina, CPAC, Palestine, Israel, Manhattan, Florida, Tampa, Pennsylvania
This is the Tesla Musk is selling to Wall Street, and he's telling anyone with doubts to stay away. "If somebody doesn't believe Tesla's going to solve autonomy, I think they should not be an investor in the company," Musk said on the earnings call. In a shareholder deck that Tesla published before the call, the company featured a "preview of ride-hailing in the Tesla app." At an AI Day in August 2021, Musk said Tesla would build a humanoid robot, now known as Optimus. "No matter what, even if I got kidnapped by aliens tomorrow, Tesla will solve autonomy, maybe a little slower but it would solve autonomy for vehicles at least," Musk said.
Persons: Tesla's, Elon Musk, Musk, Tesla, FSD, haven't, bodysuit, Optimus, SeongJoon Cho, you've, He's, Alex Potter, Piper Sandler, there's Organizations: Revenue, Auto, NBC News, California Department of Motor Vehicles, Optimus, Tesla Inc, Seoul Mobility, Bloomberg, Getty Images Bloomberg, Getty, Tesla, Microsoft, SpaceX Locations: California, Nevada, China, Goyang, South Korea, Tesla
Tesla discloses it spent $200,000 advertising on X
  + stars: | 2024-04-18 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
The car company that famously shuns spending money on advertising spent $200,000 advertising on X through February of this year, it disclosed in an SEC filing this week. So it’s possible that all $200,000 was spent in just the first two months of this year. Tesla reluctant to advertiseTesla has become a major automaker without spending any money on advertising in the past. In addition the filing said that Musk also owns a security company, unnamed, that provides security services for him. And Tesla spent $2.4 million for such security services in 2023 and about $500,000 more so far this year.
Persons: New York CNN —, it’s, Elon Musk’s, It’s, Tesla, Musk, dumbest, “ Tesla, Organizations: New, New York CNN, SEC, Whites, Twitter, SpaceX, The Boring Company Locations: New York
Elon Musk's the Boring Company is in the process of expanding its tunnel system under Las Vegas. Fortune reported the company mistakenly exposed the base of pillars that support the Vegas monorail. The monorail was temporarily shut down and the company was issued violations, Fortune reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Boring Company opened a 1.7-mile tunnel project in 2021 to transport passengers beneath the Las Vegas Convention Center in Teslas.
Persons: Elon, Fortune, , Elon Musk Organizations: Boring, Las Vegas, Service, Company, Elon, Vegas, Fortune, The Boring Company, Vegas Convention, Business Locations: Las, Las Vegas, Clark County, Teslas, Vegas
Business Insider looked at how components of the labor market have settled down, like wage growth. And that more boring but steady labor market could be great news for workers and job seekers. The US could be in a Goldilocks job market. Job switchers are seeing higher wage growth than people staying, according to the 12-month moving average of median wage growth from the Atlanta Fed's Wage Growth Tracker. So what will happen to the Goldilocks job market?
Persons: Nick Bunker, Bunker, , That's, Julia Pollak, ZipRecruiter's, " Pollak, Pollak, Job, Julie Su, switchers, Eugenio Alemán, Raymond James, Juliana Kaplan Organizations: Service, North America, BLS Locations: Atlanta
It’s time to give caregivers more support
  + stars: | 2024-04-10 | by ( Katia Hetter | Phyllis Fagell | ) edition.cnn.com   time to read: +10 min
Conversations with a wide variety of caregivers, paid and unpaid, helped her realize she wasn’t alone. And yet we are very isolated now, more isolated than ever—and isolation does not work for caregivers. This is bigger than the retail sector and yet so many caregivers are made to feel as though our efforts are small–and not worthy of support. Elissa Strauss: Whether someone is caring for an adult parent, a sick spouse or a child, caregivers are failed across the board. CNN: How could we as individuals support caregivers more?
Persons: Phyllis L, , Jay Leno, Mavis, Benjamin Shmikler, Elissa Strauss, there’s, Elissa Strauss Laura Turbow Strauss, , Strauss, , wasn’t, Caregiving, Charles Darwin ., Darwin, wouldn’t, I’m, it’s, Simon, Schuster Elissa Strauss, we’re, I’ve, doesn’t, you’re, we’ve Organizations: CNN, , Roxy, Los Angeles Superior, Others, ” CNN, International Labor Organization Locations: West Hollywood, United States
London-based startup Kaikaku has secured $1.8 million for its automated food assembly robot. Kaikaku has now launched London's first robot-powered restaurant, which runs on its technology. We got an exclusive look at the 12-slide pitch deck it used to secure the fresh funding. A startup that has developed an automated robotics platform for restaurants has just secured $1.8 million. London-based Kaikaku, which launched just 10 months ago, has also opened London's first robotics-driven restaurant which is powered by its own tech.
Persons: Kaikaku, Josef Chen Organizations: Business Locations: London
He was able to scale the business to more than $600,000 in revenue by 2018, when he graduated from high school. Before the internet, starting a business was a serious hassle. The problem wasn't that people weren't interested in starting a business: A 2016 EY study found that 62% of 18- to 34-year-olds had toyed with venturing into business ownership. That has made starting a business all the more appealing — and affordable — for prospective entrepreneurs. And with the plethora of digital tools we have today, starting a business is more accessible than ever.
Persons: Luke Lintz, Lintz, Bernhard Schroeder, Schroeder, Gen Zers, , Martin Warner, Warner, GoDaddy, HighKey, Nicki Minaj, Kevin Hart, Khloé Kardashian, Tom Peters, Peters, " Schroeder, ZenBusiness, Gen, Zers, he'd Organizations: Apple, Shipping, Lavin Entrepreneurship, San Diego State University, Entrepreneurship, Dynamics Statistics, Business, Fast Company, Small Business Administration Locations: North America, China
A job listing indicates that a new Montessori Ad Astra school will open this summer. Musk cofounded Ad Astra in 2014. AdvertisementA job listing indicates that Elon Musk is planning to launch a new Ad Astra school in Texas. Musk cofounded Ad Astra in 2014 with Josh Dahn. Ad Astra appears to be partnering with Xplor Education, a firm that provides software for childcare operators, to form the new Montessori school.
Persons: Musk, , Elon Musk, Josh Dahn, Dahn, it's, execs, didn't Organizations: Ad Astra, Astra, Service, Business, Xplor Education, Montessori, The New York Times, Maria Montessori Institute, The Boring, SpaceX, Times, Bel Air Locations: Texas, Boca Chica , Texas, Bastrop , Texas, Austin
Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. Elon Musk's pick to be district attorney of Texas' Travis County lost on Tuesday, hours after the Tesla CEO sent a companywide email urging employees to follow his lead. Here's what Musk wrote to employees on Tuesday in an email that was obtained by CNBC. Musk supported Texas Republican May Flores in her congressional race in 2022. "I hope more people like Marty run for office," Musk wrote on X on Tuesday, recirculating a post from O'Donnell.
Persons: Elon Musk, Elon Musk's, Travis County, Jeremy Sylestine, José Garza, Garza, Musk, Sylestine, Donald Trump, Elon, Sylestine didn't, Tesla, Ye, Andrew Yang, Biden, Texas Republican May Flores, Marty O'Donnell, Marty, recirculating, O'Donnell Organizations: Democratic, SpaceX, Boring Company, CNBC, Attorney, Republican, Bloomberg, Kanye, Texas Republican, Congress, Elon Locations: Austin , Texas, Texas, California, Silicon Valley, Austin, Florida, Travis County, Nevada
Jeff Bezos has surpassed Elon Musk to once again become the world's richest person. AdvertisementWith a $200 billion fortune, Amazon founder Jeff Bezos has surpassed Elon Musk to once again become the world's richest person. Musk has lost $31 billion in wealth so far this year to a total net worth of $198 billion as of Monday. Musk's wealth is derived from his $77 billion stake in Tesla, as well as his $71 billion stake in SpaceX. The top five richest person ranking is rounded out by Mark Zuckerberg, who has a $179 billion net worth, and Bill Gates, who has a $150 billion net worth.
Persons: Jeff Bezos, Elon Musk, Bezos, Musk, Bernard Arnault, Mark Zuckerberg, Bill Gates Organizations: Bloomberg, SpaceX, The Locations: Amazon
Neuralink had said in May 2023 that it had been cleared by the FDA to begin human trials of its technology, which has since implanted its first brain chip in a person. The company's site in Texas did not have the same issues, Reuters reported, citing FDA records. An FDA spokesperson did not immediately respond to a request for comment from Business Insider ahead of publication. A spokesperson for Neuralink did not respond to a request for comment from BI or Reuters. Musk said the company kicked off human trials earlier this year and successfully implanted its first chip in a patient.
Persons: , Elon Musk's Neuralink, Neuralink, Elon Musk, Musk Organizations: Service, US Food and Drug, Reuters, Business, FDA, Elon, US Department of Agriculture, Bloomberg, Occupational Safety, Health Administration, The Boring Company, SpaceX Locations: California, Texas, Las Vegas
Some workers at The Boring Company experienced injuries including chemical burns, Bloomberg reported. AdvertisementSome workers at The Boring Company have dealt with chemical burns and close-call accidents during the construction of the Las Vegas tunnel system, according to a recent report from Bloomberg. Bloomberg reported that OSHA fined The Boring Company $112,504 last fall after it found eight "serious" violations. A spokesperson from The Boring Company did not respond to requests for comment from Business Insider or Bloomberg. The Las Vegas tunnel is used to ferry people back and forth on Teslas from the Las Vegas Convention Center to other nearby attractions.
Persons: , Musk Organizations: The Boring Company, Bloomberg, OSHA, Boring, Service, The, Company, Las, Conventions, Resorts, Occupational Safety, Health Administration, The Boring, Business, Las Vegas Convention, SpaceX Locations: Las Vegas, Hawthorne , California, Vegas
Read previewJeff Bezos this week unloaded 12 million shares of Amazon stock, netting him about $2 billion in a strategic move that may position him to once again claim the title of "world's richest man." Before this week's sale of Amazon stock, Bezos' net worth was only $5 billion behind Musk's $200 billion fortune, putting the title of #1 billionaire well within reach. This week's stock sale is not Bezos' first time offloading a large portion of his Amazon holdings, though it is the only major sale he's made since 2021. That year, Bezos sold $2.5 billion worth of shares as he prepared to step down as CEO. In 2019, Bezos offloaded roughly $2.8 billion worth of the company's stock.
Persons: , Jeff Bezos, Bezos, Elon, Bill Gates, Forbes, Musk, Musk's, Bernard Arnault, he's Organizations: Service, Business, Bloomberg, Tesla, SpaceX, The Boring Company, Amazon Locations: Delaware, New York
Read previewTesla was hit with a lawsuit on Tuesday that alleges the electric-car maker mishandled hazardous waste at its factories in California. District attorneys representing 25 counties in California filed the lawsuit in San Joaquin County Court and are requesting the court force Tesla to properly take care of its hazardous waste going forward and pay a series of civil penalties. Tesla disposed of hazardous waste into trash sites "not permitted to accept hazardous waste" and "failed to properly mark, label, and store containers and tanks of hazardous waste" at its facilities, according to the lawsuit. The lawsuit also alleges Tesla didn't properly train its employees on how to deal with hazardous materials. In 2019, Tesla paid the Environmental Protection Agency a $31,000 settlement over alleged hazardous waste violations at the Fremont Factory.
Persons: , Tesla, It's, Elon Musk's Organizations: Service, San Joaquin County Court, Business, Reuters, Environmental Protection Agency, Fremont Factory, Elon Musk's The Boring Company, Texas Commission Locations: California, San Joaquin County, Texas, Bastrop , Texas, Colorado
From a bird’s eye view, the state of affairs among MAGA Media diehards as it sits today is remarkable. In fact, right-wing media stars have far more power over the GOP’s direction than most of its actual leaders, like Mitch McConnell. The right-wing media kingdom thrives when Democrats are in office and there are political opponents whom they can demonize. That’s not to say the right-wing media machine holds no power. And polling indicates that a good chunk of the country has bought some of the nonsense MAGA Media has been relentlessly selling.
Persons: MAGA Media diehards, Bud Light, Taylor Swift, Swift, Travis, Charlie Warzel, “ They’ve, they’re, ” Warzel, Evan Siegfried, Mitch McConnell, Don’t, Kevin McCarthy, Donald Trump, That’s, MAGA, Alyssa Farah Griffin, , Organizations: New York CNN — Conservatives, MAGA Media, Disney, Pfizer, Major League Baseball, Fox, Fox News, GOP, Republican Party, Republicans, Media, Trump White House Locations: New York
New York CNN —A Delaware state court judge has thrown out the 2018 pay package that helped to make Tesla CEO Elon Musk one of the richest people in the world. He said Tesla investors will benefit from the decision by having the “dilution from this gargantuan pay package erased.”Attorneys for Musk and the Tesla board argued the pay package was approved by a shareholder vote. Excluding the votes owned by Musk and his brother, 73% of the shares voting in that election supported the pay package. The company’s market cap was valued at $54 billion at the time the pay package was approved. Robyn Denholm, the chair of Tesla’s board, testified that the pay package was all about keeping Musk focused on Tesla.
Persons: Elon Musk, Chancellor Kathaleen McCormick, Musk, Tesla, , , Greg Varallo, McCormick, ” Musk, Robyn Denholm, ” Denholm, – CNN’s Matt McFarland Organizations: New, New York CNN, Musk, Delaware Supreme, SpaceX, Twitter, Boring, Tesla Locations: New York, Delaware, . Delaware, Tesla
And these short sellers pile up on top of each other with their biased opinions," Capablanca said. But because of the increased number of short sellers, a stock can blow past that and remain elevated over multiple days. So even if the market seems dead, nothing is there to trade, they will force a trade," Capablanca said. This rule helped him avoid Vivos Therapeutics (VVOS), a stock that many short sellers he knew tried to short. Such an outcome could lead to a continued elevated price, driving short sellers out for weeks, he said.
Persons: David Capablanca, lockdowns, Capablanca, it's, POL Organizations: Capablanca, Guardian, Yahoo, Traders, Therapeutics, Yahoo Finance, shorting C4 Therapeutics
Musk appeared to give Tesla's board an ultimatum on Monday, saying he wants 25% voting control at Tesla or he'll stop growing AI development at the electric-car maker. One way of getting that would be via a dual-class stock structure. This isn't uncommon and could mean Musk wouldn't necessarily get more shares but that the ones he held would deliver more voting power. The company's dual-class stock structure provides Zuckerberg and select executive managers and directors with them. "Zuckerberg probably wouldn't have gone public without a dual-class structure," White said.
Persons: , Elon Musk, Mark Zuckerberg, Musk, he's, Tesla, Zuckerberg, It's, Chester Spatt, Joshua Tyler White, doesn't, White, Ofer Eldar, Michael Dell, Anat Alon, Beck, Erik Gordon, Sam Altman's, Gordon Organizations: Service, Meta, Tesla, Business, Carnegie Mellon University, SEC, Vanderbilt, SpaceX, The Boring Company, UC Berkeley, Western Reserve University, University of Michigan's Ross School of Business Locations: Delaware, OpenAI
AdvertisementThis as-told-to essay is based on a conversation with Gina Knox, a 30-year-old financial coach who has twice inherited money. When I was 22, I inherited money for the first time. I've also helped clients over the years who have inherited money or had a trust fund they were finally getting access to. When I withdraw the money, I'll pay long-term capital-gains tax on any gains the sum has made in the stock market. When people find out I inherited money, they always want to know what big or flashy purchases I've bought so far.
Persons: Gina Knox, , I'd, we'd, I've Organizations: Service, Google Locations: South America
OpenAI’s Cast of Characters
  + stars: | 2023-11-22 | by ( Jennifer Korn | Paul Glader | ) edition.cnn.com   time to read: +12 min
Before OpenAI, Altman was president of Y Combinator, mentoring a host of founders and expanding his network in Silicon Valley. “We are encouraged by the changes to the OpenAI board,” he wrote on X on Wednesday. Mira MuratiNamed by the OpenAI board as Altman’s interim successor on Friday, Murati was replaced by Shear before the weekend was done. In September, she joined the board of directors of Shield AI, a defense technology company building AI pilot technology for aircraft. Will HurdAfter joining the OpenAI board in 2021, Hurd was the third director to exit in 2023.
Persons: OpenAI, Sam Altman, Altman, Elon, Satya Nadella, OpenAI’s ChatGPT, Kiko, Emmett Shear, Y, Nadella, , Mira Murati, Murati, Shear, “ Mira, ” Nadella, Ilya Sutskever, Brockman, Sutskever, , we’ve, Adam D’Angelo D’Angelo, Mark Zuckerberg, D’Angelo, Forbes, ” Bret Taylor, Bret Taylor, Elon Musk, Taylor, Justin Kan, Tasha McCauley McCauley, Joseph Gordon, Levitt, McCauley, Greg Brockman Greg Brockman, Peter Thiel, Musk, Helen Toner Toner, AI’s, Toner, Joshua Kushner Kushner, Kushner, Jared Kushner, Karlie Kloss, Charles Kushner, Donald Trump, Larry Summers Summers, Obama, Clinton, Summers, Shivon Zilis, Zilis, Walter Isaacson, Will Hurd, Hurd, Nikki Haley, Reid Hoffman, Hoffman, OpenAI . Hoffman, He’s Organizations: CNN, Stanford University, Microsoft, OpenAI, Colby College, Dartmouth University, Tesla, Time, Phillips Exeter Academy, California Institute of Technology, Facebook, Twitter, Google, Yale University, Justin.tv, GeoSim Systems, Rand Corporation, Centre, Bard College, University of Southern, Harvard University, MIT, Elon, Georgetown’s Center for Security, Emerging Technology, Open, Oscar Health, Memphis Grizzlies, Harvard College, Harvard Business School, Republican, CIA, Allen & Company, Texas, M University, Reid Hoffman LinkedIn, PayPal, LinkedIn, Greylock Partners, SpaceX, Boring Company Locations: Silicon Valley, St, Louis , Missouri, OpenAI, Seattle , Washington, Israel, University of Southern California, North Dakota, Beijing, Georgetown, Canada, United States, Texas, Oxford
Lander's remarks make him the latest Tesla shareholder to call on the EV maker to rein in Musk. Musk endorsed an antisemitic post on social media platform X, formerly known as Twitter, on Nov. 15. It remains unclear whether Tesla's board will take any action. If Musk fails to do so, Tesla's board should consider actions such as docking his pay, suspending him or terminating him, Lander added. He wrote to Tesla board chair Robyn Denholm on Monday that failing to take action would show Tesla's code of business ethics to be "toothless."
Persons: Tesla, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, Brad Lander, Lander, Lander's, Ross Gerber, Musk, Linda Yaccarino, Robyn Denholm, Henry Ford, Nazism, Kristin Hull, Nia, Tesla's, Ross Kerber, David Gaffen, Sheila Dang, Greg Roumeliotis, Matthew Lewis Organizations: British, New York, Reuters, Nia Impact, Gerber Kawasaki Wealth & Investment Management, U.S . Securities, Exchange Commission, SpaceX, Boring Company, Ford Foundation, White, Media, America, Defamation League, Thomson Locations: London, Britain, New, New York City, New York, Dallas
Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tesla , SpaceX, and X Corp. leader Elon Musk issued a spate of arguably bigoted tweets on Wednesday that spurred a critical backlash online. Musk replied to that tweet in emphatic agreement: "You have said the actual truth." "This exchange would have languished in obscurity had Musk not replied to this bigoted bromide," wrote Yair Rosenberg in The Atlantic. Musk previously threatened to sue the ADL, alleging that they tried to "kill" his social network's business.
Persons: Elon Musk, Tesla, Musk, Yair Rosenberg, Jonathan Greenblatt, Brian Levin, Ye, Levin, Meredith Benton, Benton Organizations: SpaceX, X Corp, Defamation League, Bloomberg, Defamation, ADL, CNBC, Employment Opportunity, California State University, San, Capital, Twitter Locations: The, America, U.S, Israel, San Bernardino, North America
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