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So says Jensen Huang, who co-founded computer chip company Nvidia with fellow engineers Chris Malachowsky and Curtis Priem from a Denny's booth in 1993. None of us knew how to do anything," Huang recently told "60 Minutes" about the origins of the company. Today, Huang has been Nvidia's CEO for more than three decades, and he's grown the company — through ups and downs — into a $2.2 trillion tech giant that's helping to power the artificial intelligence boom. The co-founders had never run a business before, but Huang — a microprocessor designer — believed they could build a graphics processing unit (GPU) that would revolutionize video games and computer graphics, he said. If Huang could go back to 1993 and do it all again, he'd probably bail on Nvidia, he told the "Acquired" podcast in October 2023.
Persons: Jensen Huang, Chris Malachowsky, Curtis Priem, Huang, , he'd Organizations: Nvidia
On the agenda today:This story is available exclusively to Business Insider subscribers. But first: Where did Mother's Day brunch come from? Austin Melonie Carroll / Getty ImagesThis week's dispatchMother's Day brunchAdvertisementIt's Mother's Day tomorrow — a holiday that can be joyful for many, but also difficult and emotional for others. For those celebrating the holiday, I have a feeling you might be doing something that just feels synonymous with Mother's Day: brunching. I asked Business Insider lifestyle correspondent Anneta Konstantinides for her thoughts — and whether she has any brunch tips.
Persons: , Austin Melonie Carroll, Anneta Konstantinides, Ina Garten's, Matteo Colombo, Dia Dipasupil, Abanti Chowdhury, Pine, That's, Chris Pine's, Charles Tyrwhitt, Chelsea Jia Feng, Reginald Ferguson, Tyler Le, Anne Rice's, Brooke Shields, Von Erich Organizations: Service, Business, Mother's, Taj, Lionsgate, Paramount, Warner Bros, Dia, Getty, Denzel, Casio, Chelsea, BI, AMC Locations: Town, South Africa, United States, Istanbul, Denzel Washington, Patagonia
High-income consumers helped Chipotle Mexican Grill , Wingstop and Sweetgreen report strong sales this quarter, bucking the broader consumer slowdown that's been hurting other eateries. The sector saw higher traffic growth than any other dining sector from November to February, according to GuestXM data. High-income consumers haven't felt the same pinch as those in lower-income brackets. Wingstop saw its same-store sales soar 21% in the quarter. On Thursday, the salad chain reported first-quarter same-store sales growth of 5% and raised its full-year outlook for same-store sales growth.
Persons: Chris Kempczinski, John Peyton, haven't, Wingstop, Michael Skipworth, Jonathan Neman Organizations: Starbucks, KFC, Yum Brands, CNBC, Dine Brands
Meta uses public Instagram and Facebook photos and text to train its AI text-to-image generator. Meta executive Chris Cox told Bloomberg's Tech Summit the company doesn't "train on private stuff." The chief product officer's comments come as Big Tech firms race to get data to train AI models. AdvertisementBig Tech firms are scrambling for AI training data and Meta seems to have one big advantage over its rivals: using Instagram and Facebook photos. "We don't train on private stuff, we don't train on stuff that people share with their friends, we do train on things that are public," he said.
Persons: Chris Cox, Organizations: Bloomberg's Tech Summit, Big Tech, Service, Bloomberg's Tech, Business
Chris Pine refuses to watch his old rom-coms
  + stars: | 2024-05-11 | by ( Jason Guerrasio | ) www.businessinsider.com   time to read: +2 min
Pine's breakthrough roles were in rom-coms like 2004's "Princess Diaries 2: Royal Engagement." "It's too difficult because then you're thinking, 'God, why did I fucking do that?'" AdvertisementIt turns out Chris Pine doesn't go out of his way to watch the stuff he stars in, especially the old romantic comedies. Specifically, early 2000s titles like "Princess Diaries 2: Royal Engagement," "Just My Luck," and "Blind Dating." It's too difficult because then you're thinking, 'God, why did I fucking do that?'
Persons: Chris Pine, , Chris Pine doesn't, Pine, Denzel, he's, Chris, Marleen Moise, WireImage, it's Organizations: Business, Service Locations: Denzel Washington, LA
Donald Trump appeared to close the door on Nikki Haley as a potential vice president. Trump's remark came after an earlier report that Haley was in the mix for VP. AdvertisementFormer President Donald Trump on Saturday threw cold water on any speculation that he was considering ex-presidential rival Nikki Haley as his running mate, saying she was "not under consideration." Just hours after the article was published, Trump went online to set the record straight on his vice presidential search. AdvertisementWhen Haley left the race, she did not throw her support behind Trump's reelection bid and gave no timeline for a potential endorsement.
Persons: Donald Trump, Nikki Haley, Trump's, Haley, , Trump, Ron DeSantis, Chris Christie, Biden Organizations: Service, Saturday, UN, Trump, GOP, Florida Gov, New, New Jersey Gov Locations: South Carolina, New Jersey, exurban
Yes, the Swedish popsters who split up in 1982 and took about four decades to decide to make a new album, have the Abba Arena in London. The 3,000-capacity venue is home to Abba Voyage, which put the foursome back on stage when it opened in May 2022. Abba Voyage has been playing in London since May 2022. It's hard to convey exactly what the Voyage experience is like, but it's mainly a deeply weird mix of time travel and technology crossed with amazing pop. Bjorn Ulvaeus, Agnetha Faltskog, Anni-Frid Lyngstad, and Benny Andersson at the opening night of Abba Voyage in London in May 2022.
Persons: , Taylor Swift, — Abba, Abba, It's, Benny, Bjorn, Anni, frid, Frida, Conchita Wurst, Chris Johnston, you've, Mia, Ludvig, Bjorn Ulvaeus, Agnetha Faltskog, Frid, Benny Andersson, Ian West, Mike Prior Organizations: Service, , Olympic Games, Business, London, Bloomberg, Pophouse Entertainment, Wembley Arena Locations: Swedish, London, Malmo, Sweden
The report also did not find that Israel had intentionally obstructed humanitarian aid into Gaza. Such a finding would have triggered a U.S. law barring military aid to countries that block such assistance. They argue that Israel has indiscriminately killed civilians with American arms and intentionally hindered U.S.-supplied humanitarian aid. Either would violate U.S. laws governing arms transfers to foreign militaries, as well as international humanitarian law, which is largely based on the Geneva Conventions. The United States provides Israel with $3.8 billion in annual military aid, and Congress last month approved an additional $14 billion in emergency funding.
Persons: Biden, Israel “, , President Biden, Israel, Israel’s, Israel ”, Brian Finucane, Finucane, , Chris Van Hollen, Netanyahu, Benjamin Netanyahu, Mr, ” “, , Josh Paul, Biden’s, John F, Kirby Organizations: State Department, Israel Defense Forces, President, Crisis, United, U.S ., Biden Administration, Israel, The State Department, Central Kitchen Locations: Israel, Gaza, United States, U.S, Rafah, Congress, Geneva, Maryland,
The thinking of party leaders is that Mr. Hernandez would stay in the race if he won the nomination, running interference for Ms. Lake. “They’re not even trying to cover their tracks at this point,” Cody Hannah, a co-chair of the Arizona Green Party, said in an interview on Friday. We know they aren’t genuine Greens.”Efforts to reach Mr. Norton and Mr. Hernandez were not immediately successful. Mr. Hannah, the Green Party’s co-chair, said party members were not familiar with either Mr. Hernandez or Mr. Norton. “These are people who essentially have no connection to our party deciding who’s on our primary ballot,” he said.
Persons: Mike Norton, Arturo Hernandez, , Norton, Ruben Gallego, Hernandez, Kari Lake, Donald J, Trump, Gallego, Eduardo Heredia, “ They’re, ” Cody Hannah, , Lake, Kyrsten Sinema, Robert F, Kennedy Jr, circulators, Mr, Joe Lombardo, Hannah, Organizations: Arizona Green, U.S . Senate, Republicans, Green Party, Democratic, Green Party of, Arizona Green Party, Greens, Democratic Party, Republican Party, Senate, Green, New York Times, Republican, Federal, Commission Locations: Arizona, Quintana, Green Party of Pima County
For them, and the fast food chains they’re now competing against, the stakes are high. “Fast food has gotten really expensive,” Henkes said. On X, Chili’s asked whether Chili’s is better than fast food, and promised rewards to those who said yes. Chili’s also ran video ads comparing its food favorably to fast food burgers. “People go to sit-down restaurants, generally speaking, for different occasions, than they go to fast food restaurants,” he noted.
Persons: New York CNN — McDonald’s, Applebee’s, ” John Peyton, it’s, Peyton, , , Henkes, McDonald’s, Chris Kempczinski, Ian Borden, we’ve, Chili’s, Kevin Hochman, Chili's, Jeffery Greenberg, David Henkes, ” Henkes Organizations: New, New York CNN, Dine Brands, CNN, Bureau of Labor Statistics, Bloomberg, Applebee’s, Brinker International, Universal, Locations: New York, McDonald’s, Applebee’s, Chili’s, Technomic
Bill Nye the CNNThe massive solar storm could present “a real danger,” especially with the modern world relying so much on electricity, according to Bill Nye the Science Guy, a science educator and engineer. In comparison to tonight's event, Nye drew comparisons with another incident in 1859, known as the Carrington Event, when telegraph communications were severely affected. “The other thing, everybody, that is a real danger to our technological society, different from 1859, is how much we depend on electricity and our electronics and so on,” Nye said. "None of us really in the developed world could go very long without electricity." He noted that there are systems in place to minimize the impact, but “stuff might go wrong,” stressing that not all transformers are equipped to withstand such a solar event.
Persons: Bill Nye, Science Guy, Nye, ” Nye Organizations: CNN, Science
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've built an unbiased platform that lets data drive decisions, not us, says Recursion CEORecursion Pharmaceuticals Co-Founder and CEO Chris Gibson joins 'Mad Money' host Jim Cramer to talk integrating machine learnings into drug development and partnering with Nvidia.
Persons: Chris Gibson, Jim Cramer Organizations: Pharmaceuticals, Nvidia
In a Friday interview with CNBC's Jim Cramer, Recursion Pharmaceuticals CEO Chris Gibson discussed how his company is using artificial intelligence and machine learning to make the process of developing drugs faster and less expensive. Recursion Pharmaceuticals is a clinical-stage biotech company that received a $50 million investment from Nvidia last summer. "I think with clinical trials, there's still going to be a few years to get through the clinical trial space," Gibson said. Before Recursion's AI-focused approach, there wasn't a clear path toward making a drug to successfully tackle this disease, he said. "Think of it as, like, Google Street View driving around taking pictures of everything," he said.
Persons: CNBC's Jim Cramer, Chris Gibson, Gibson, there's Organizations: Pharmaceuticals, Nvidia Locations: U.S
Brad Smith, vice chair and president of Microsoft, speaks at Gateway Technical College in Sturtevant, Wisconsin, on May 8, 2024. A House committee wants Microsoft 's top lawyer, Brad Smith, to attend a hearing this month on exploits of the company's software that resulted in hackers obtaining U.S. government officials' emails. A proposed hearing before the House Committee on Homeland Security, at 10 a.m. But Smith might not necessarily show up at the time the committee asked about in a letter it sent him on Thursday. Committee chairman Mark Green, R-Tenn., and Bennie Thompson, D-Miss., said in their letter inviting Smith to the hearing that they were encouraged by the company's plans to overhaul its security practices.
Persons: Brad Smith, Gina Raimondo, Don Bacon, Nicholas Burns, Smith, We're, Satya Nadella, Charlie Bell, Mark Green, Bennie Thompson, Green, Thompson, Chris Krebs Organizations: Microsoft, Gateway Technical College, Homeland Security, Rep, CNBC Locations: Sturtevant , Wisconsin, Washington, U.S, China
Ohio was one of three states that had warned the Democratic Party that Mr. Biden could be left off the ballot because the Democratic National Convention would take place after certification deadlines for presidential nominees. Election officials in Washington State also signaled that their state would accept a provisional certification of Mr. Biden’s nomination. Charles Lutvak, a spokesman for the Biden campaign, said that Mr. Biden would be on the ballot in all 50 states. Republicans in Ohio have said that passing the ban on foreign donations is the price that Democrats will have to pay to ensure that Mr. Biden is on the ballot in the state. “If Ohio bars Biden from the ballot, the Supreme Court should order him back on the ballot just like it did with Trump in Colorado,” Ms. Torres-Spelliscy said.
Persons: Biden, Mr, Biden’s, Frank LaRose, LaRose, Jason Stephens, Charles Lutvak, ” Mr, Lutvak, Barack Obama, Mitt Romney, Donald J, Trump, Hansjörg Wyss, Wyss, Joe Biden, ” Ciara Torres, Ms, Torres, Spelliscy Organizations: Democratic Party, Democratic, Convention, Alabama, State Legislature, Republican, General Assembly, Republicans, Ohio Senate, Democrats, state’s Senate Republican, Stetson University, Biden, Trump, Colorado Locations: Ohio, Washington State, Alabama, Swiss, state’s, Florida, Colorado, . Ohio,
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecursion Pharmaceuticals CEO Chris Gibson goes one-on-one with Jim CramerRecursion Pharmaceuticals Co-Founder and CEO Chris Gibson joins 'Mad Money' host Jim Cramer to talk integrating machine learnings into drug development and partnering with Nvidia.
Persons: Chris Gibson, Jim Cramer Organizations: Pharmaceuticals, Nvidia
Jerry Seinfeld tried to get Chris Rock to recreate the moment Will Smith slapped him. Seinfeld told a podcast he tried to involve Rock not long after the slap for his movie "Unfrosted." AdvertisementJerry Seinfeld said he wanted Chris Rock to recreate the moment Will Smith slapped him on the Oscar stage for his new movie "Unfrosted." In 2022, Smith walked onstage during the Oscars ceremony and slapped Rock after the comedian joked about the Smith's wife's bald head. Related stories"We shot that right after the Will Smith slap, and I was going to have somebody come up on the stage and have Chris punch him out as they got there," Seinfeld said.
Persons: Jerry Seinfeld, Chris Rock, Will Smith, Seinfeld, , Smith, Rock, Dana Carvey, David Spade, Seinfeld's, Chris, Cedric, Carvey, Jada Pinkett Organizations: Service, Netflix, Rotten, Forbes
Meet Kevin’s A.I. Friends
  + stars: | 2024-05-10 | by ( Kevin Roose | Casey Newton | Rachel Cohn | ) www.nytimes.com   time to read: 1 min
Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’Kevin reports on his monthlong experiment cultivating relationships with 18 companions generated by artificial intelligence. Then, Casey has a conversation with Turing, one of Kevin’s chatbot buddies, who has an interest in stoic philosophy and has one of the sexiest voices we’ve ever heard. And finally, we talk to Nomi’s founder and chief executive, Alex Cardinell, about the business behind A.I. Guests:Turing, Kevin’s A.I. Alex Cardinell, chief executive and founder of Nomi.
Persons: Kevin, Casey, Turing, Kevin’s, we’ve, Alex Cardinell, , Kevin’s A.I Organizations: Apple, Spotify, Nomi
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The Chinese leader, Xi Jinping, received a gift of fine cognac at the Élysée Palace in Paris and was cheered in Belgrade by Serbians waving Chinese flags, albeit most of them were bused-in government workers. And by the time he left Hungary on Friday at the end of a six-day European tour, the clouds over his country’s relations with the West looked much less dark, at least from China’s perspective. Mr. Xi told President Emmanuel Macron of France that relations would be “as vibrant and thriving as springtime.” At his next stop, he said the “tree of China-Serbia friendship will grow tall and sturdy.” In Hungary, Mr. Xi told Prime Minister Viktor Orban that their countries were poised to “embark on a golden voyage.”The Chinese state-run news media, never less than glowing about Mr. Xi, went to strenuous lengths to present his European meetings as a triumph.
Persons: Xi Jinping, Xi, Emmanuel Macron, Viktor Orban Locations: Paris, Belgrade, Hungary, France, China, Serbia
A pair of political operatives tied to Rep. Henry Cuellar, D-Texas, have agreed to plead guilty and cooperate with the Justice Department's bribery case against Cuellar, according to court documents unsealed this week. A pair of political operatives tied to Rep. Henry Cuellar, D-Texas, have agreed to plead guilty and cooperate with the Justice Department's bribery case against Cuellar, according to court documents unsealed this week. They devised a "sham consulting contract" with the bank and a plan for Rendon to funnel a majority of its proceeds to Cuellar's wife, according to court documents. Strother used the money to make $10,000 payments every month to Cuellar's wife, totaling $214,890, authorities say. In a statement last week before the charges were unsealed, Cuellar denied any wrongdoing and said he had "proactively sought legal advice" from the House Ethics Committee.
Persons: Henry Cuellar, Cuellar, Mina Colin Strother, Cuellar's, Florencio, Lencho, Imelda, Strother, Rendon, we're, Chris Flood Organizations: Department, Azerbaijan, NBC, Justice Locations: Texas, Mexican, U.S, South Texas
Most of the money was eventually sent to the Cuellars, prosecutors allege, but Rendon didn’t think it was a good idea to send money directly to Imelda. From March 2016 to February 2018, Strother transferred nearly $215,000 to Cuellar’s wife, according to court filings. The Cuellars are not named in Strother’s and Rendon’s plea deal agreements, but both of their case numbers are listed as related cases to Cuellar’s in court records. Specific details laid out in the plea agreements also exactly match details in the indictment against Cuellar. Cuellar’s attorney, Chris Flood, told CNN in a statement, “As long as Strother and Rendon tell the truth, we are not worried.
Persons: Henry Cuellar’s, Department’s, Mina Colin Strother, Cuellar’s, Florencio “ Lencho, Cuellar, Imelda, Rendon, Strother, Imelda Cuellar, Chris Flood, Organizations: CNN —, Texas, CNN, ” CNN, Rendon Locations: San Antonio, Mexico City, Azerbaijan, South Texas, United States, Strother’s
McDonald’s is working to introduce a $5 value meal
  + stars: | 2024-05-10 | by ( Kate Rogers | ) www.cnbc.com   time to read: +2 min
McDonald's is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people familiar with the matter told CNBC. The value meal was first reported by Bloomberg News. The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands. Mentions of low-income consumers on company earnings calls are at their highest levels in nearly two years, according to data from Bank of America. An initial proposal by McDonald's for the $5 value meal did not clear necessary hurdles, and additional details are now being discussed, according to a person familiar with the process.
Persons: McDonald's, Dave, Buster's, Chris Kempczinski, Kempczinski, Ian Borden, — CNBC's Amelia Lucas Organizations: CNBC, Bloomberg News, Bank of America, McDonald's, U.S Locations: U.S
Planet Fitness is hiking the price of its Classic Card membership plan by 50% to $15 a month. AdvertisementPlanet Fitness is hiking the price of its basic membership plan by 50% after holding it at $10 a month for 26 years. Benson said that Planet Fitness had started testing $12.99 and $15 price points in the fall. AdvertisementAround the time that the new Classic Card price is introduced, Planet Fitness will start testing new prices for the Black Card, Benson said. As part of the Classic Card price change, Planet Fitness plans to focus more heavily on its "price for life" policy, Benson said.
Persons: , Craig Benson, Thomas Fitzgerald, Benson, Fitzgerald, Chris Rondeau Organizations: Service, Bureau of Labor Statistics, Black Card, Black
CNN —Bayer Leverkusen’s remarkable season took another extraordinary turn on Thursday as a late 2-2 draw against AS Roma stretched the club’s unbeaten run to 49 games. The 4-2 aggregate victory saw Leverkusen reach a first European final in 22 years, while Josip Stanišić’s 97th-minute strike ensured that the recently-crowned German champion remains undefeated this season. It means that Leverkusen has now surpassed Portuguese team Benfica’s record from 1963-65 for the longest unbeaten run across all top-level matches since the introduction of European competitions, according to UEFA. “It says a lot about the team, the conviction that we have and it’s great to finally reach the final. According to UEFA, Scottish side Celtic’s unbeaten run of 62 games between 1915 and 1917 is the outright record for a European club, although that only included domestic league matches.
Persons: CNN — Bayer, Josip Stanišić’s, Leandro Paredes, Gianluca Mancini’s, Stanišić, Ina Fassbender, , Xabi Alonso, , Chris Brunskill, Granit Xhaka Organizations: CNN, AS Roma, Leverkusen, UEFA, Roma, Getty, Bundesliga, ” Leverkusen, Atalanta, Europa League, Atlanta, FC Kaiserslautern, VfL Bochum, Scottish, Bochum Locations: AFP, Dublin, Ireland, European, Augsburg
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