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☆ OpenAI poaches Shopify's former head of support as the e-commerce giant's support org faces a shake-up
▼ + stars: | 2024-04-09 | by ( Madeline Stone | ) www.businessinsider.com time to read: +3 min

He's the latest among a string of leaders in Shopify's support organization to leave. Shopify's work with AI has incorporated large language models, including those developed by OpenAI. Shopify's Support organization has undergone some leadership changes in recent months. Jen Bebb, previously Shopify's director of global merchant and product support, left the company in March when Worthington left. Miqdad Jaffer, who led companywide AI initiatives as a director of product at Shopify, joined OpenAI's product staff in March.

Persons: OpenAI, Glen Worthington, Worthington, Shopify, Toby Shannan, generalists, Jen Bebb, Clovis Cuqui, Worthington isn't, Miqdad Jaffer Organizations: Business, OpenAI, Operations, Engineering, LinkedIn, WordPress Locations: Shopify, OpenAI, mstone@businessinsider.com

☆ Some hear echoes of the Web3 frenzy around generative AI. But its future is likely to play out very differently.
▼ + stars: | 2024-02-19 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

Mariam Pettit, partner at Global Founders Capital, said the rush toward AI was in part driven by investor FOMO. While investors and industry insiders don't anticipate the same fate for generative AI startups, many see the parallels between the two industries. Indeed, VCs are paying premiums and pre-empting rounds into hot AI startups in a bid to get a place on the cap table. AI founders are aware that they need to differentiate themselves in order to survive, at the very least. "And with vertical AI startups, it's much clearer that all the data we have is approved by the creator of that data."

Persons: Marc Andreessen, ChatGPT, Mariam Pettit, FOMO, Rainer Haeckl Web3, Sam Bankman Fried, Ash Arora, LocalGlobe, Arora, Sam Altman, Andreessen Horowitz, Ayman Fadil, Fadil, Pettit, Devang Agarwal Organizations: Business, Alpha, Global Founders Capital, Investors, Tech, Talis Locations: German, London, Web3, LocalGlobe, Jasper

☆ Startup funding is falling in most major cities. So why is Boston pulling ahead?
▼ + stars: | 2024-02-05 | by ( Melia Russell | Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

AdvertisementThe Bay Area took the lion's share of capital raised on Carta in 2023, followed by Boston, then New York. AdvertisementAccording to Carta data, select metro areas saw the total early-stage funding raised decline by at least a third from 2022 to 2023. Yet early-stage funding was only down 24% in Boston, however, the smallest decrease of the metro areas that Carta tracks. According to Carta data, about $2.6 billion of capital raised in biotech flowed to Boston startups last year. Beyond biotechThe Carta data shows Boston also had strong showings across investment in software-as-a-service and hardware.

Persons: —, Zach Weinberg, Roche, Carta, Founders, that's, Rudina Seseri, Seseri, Peter Walker, Michael Greeley, Greeley, Mark Castleman, Castleman, Clement Cazalot, Cazalot, Walker Organizations: Service, Massachusetts Turnpike, Partners, Business, Carta, Boston, East Coast, Companies, Area, Flare Capital Partners, pharma, Intel Ignite, Glasswing Ventures, Founders, Machinery, Pritzker Group, Armory Square Ventures, Way Ventures, Klaviyo's, New York Stock Exchange Locations: Boston, New York City, East, Boston , Cambridge, Newton , Massachusetts, Newark, Jersey City , New Jersey, New York, San Francisco, Bay, France, Copley

☆ Mammography AI can cost patients extra. Is it worth it?
▼ + stars: | 2024-01-26 | by ( Michelle Andrews | Kff Health News | ) edition.cnn.com time to read: +8 min

In recent years, AI software that helps radiologists detect problems or diagnose cancer using mammography has been moving into clinical use. This extra review has enormous potential to improve the detection of suspicious breast masses and lead to earlier diagnoses of breast cancer. With RadNet’s AI tool, “it’s as if all patients get the benefit of our very top performer.”But is the tech analysis worth the extra cost to patients? The health system has developed AI models and is testing the technology with mammograms but doesn’t yet offer it to patients, she said. In the late 1980s and early 1990s, “computer-assisted detection” software promised to improve breast cancer detection.

Persons: “, ”, Etta Pisano, RadNet, Gregory Sorensen, Sorensen, generalists, ” Sorensen, Laura Heacock, NYU Langone Health’s, Heacock, it’s, Constance Lehman, ” Lehman, RadNet’s, Dr, Sanjay Gupta, Christoph Lee, mammography, Robert Smith, ” Smith, Smith, we’re Organizations: Health, American College of Radiology, NYU, Cancer, “, National Cancer Institute, FDA, Medicare, Services, CMS, Radiology, Massachusetts General Hospital, Harvard Medical School, Imaging Research, Mass, Get CNN, CNN Health, Screening, Research, University of Washington School of Medicine, American Cancer Society, Kaiser Health, KFF Locations: Manhattan, Baltimore, RadNet, New York, New Jersey, mammograms, Boston, Massachusetts, United States, Europe, Sweden, U.S

☆ 3 virtual assistants who make up to $8,000 a month in revenue share how they got started
▼ + stars: | 2023-10-20 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

She built a "strong personal brand," she said, which meant tailoring her presence and wording to what the clients she wanted. Shannon Blanchard started working as a virtual assistant in January 2021 and wanted to work with creatives and web designers. Instead of cold-pitching her services, she'd comment on the Instagram stories and posts of clients she wanted to work with. Read more: I made up to $6,300 a month working 3 hours a day as a virtual assistant. Anna Christine, @annachristine.photoMary Carrasquillo started her virtual-assistant business in December 2020, and was booking more than $8,000 a month in monthly revenue by January 2022.

Persons: VAs, Hannah Dixon, Hannah Dixon Hannah Dixon, who's, Dixon, Read, I've, Shannon Blanchard, Blanchard, I'd, Here's, Mary Carrasquillo, Anna Christine, @annachristine.photo Mary Carrasquillo, Carrasquillo Locations: VAs, Instagram

☆ Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike
▼ + stars: | 2023-09-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +1 min

Charles River Laboratories InternationalRaymond James likes Ralph LaurenSusquehanna starts coverage on semiconductor designer and recent IPO Arm Holdings (ARM) with a neutral (hold) rating and a $48-per-share price target. BTIG starts recent IPO Instacart DoorDash UberKiss of Death: JPMorgan upgraded global energy stocks overweight (buy). SUPERCYCLE ALERT (remember I hate supercycle calls): Dear generalists, put your seatbelts on. Higher for longer energy prices. Deutsche Bank cuts price target on T-Mobile

Persons: Baird, Jim Cramer's, River Laboratories International Raymond James, Ralph Lauren Susquehanna, DoorDash Organizations: CNBC, Amazon, Garden, LongHorn, Darden, Dow, Nike Exxon Mobil FedEx Citi, Dell, River Laboratories International, Arm Holdings, JPMorgan, Deutsche Bank, Mobile

☆ Carbon accounting was red hot in 2021. Now it's facing widespread consolidation, investors say.
▼ + stars: | 2023-08-22 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +8 min

Carbon accounting startups peaked in 2021, raising over $5 billion from investors. The rise of carbon accountingThere are around 50 European carbon accounting companies, many of which didn't exist before 2019, according to Insider's own research. Venture capitalists are typically bullish on SaaS because it can scale quickly with few overheads, which is the promise many carbon accounting companies make. Carbon accounting business models often fell short of true SaaS scalability and instead relied on employees doing tasks manually, despite touting automation, investors said. The next generation of carbon accounting companies should be hyper-focused on one niche – for example, accounting for methane in the agricultural industry or water use.

Persons: Niklas Kaskeala, Antero Vartia, grimly, Kaskeala, That's, Namrata Sandhu, Luca Schmid, ClimateTrade, Germany's, Australia's Envizi, EcoOnline, Germany's Planetly, Buyers aren't Organizations: Sequoia, Octopus Ventures, Cherry Ventures, Balderton, Investors, Venture, Germany's TeamClimate, Watershed, IBM, Sage, SoftBank, KPMG, Enterprise, SAP, Oracle Locations: Helsinki, Finnish, Coatue, Europe, Zalando, London

☆ Energize Capital just raised a $300 million fund to back growth-stage climate tech startups. Here's the 11-slide pitch deck it used to get investors on board.
▼ + stars: | 2023-07-31 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +2 min

Chicago-based climate software fund Energize Capital just raised $300 million in growth funds. Chicago-based Energize Capital, formerly Energize Ventures, just raised $300 million to help close the growth funding gap for climate startups. The growth capital will be spread across 12 startups over a three-year investment period, with around half expected to be from Energize's earlier-stage ventures portfolio, Tough said. Currently a team of around 20, Energize expects to keep growing and have five investors on its growth fund. Check out the 11-slide redacted pitch deck Energize used to raise the fund below:

Persons: generalists, John Tough, Energize, Caprock, Tough Organizations: Energize, Energize Ventures, Aurora, Bank Credit Suisse, Mercy Investment Services, Schneider Electric Locations: Chicago, Europe

☆ Warner Bros. Discovery is making a big shake-up to its ad sales org. Read how its sales chief explained the changes.
▼ + stars: | 2023-07-31 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Discovery is shaking up its ad sales organization. It's also expected to make further staff reductions in ad sales as part of the restructure. Discovery is shaking up its ad sales organization and structure. EVP Jim Keller, who was key to bringing a digital approach to the merged company's newly combined sales team, left, along with Scott Kohn, EVP of national ad sales, and John Dailey, SVP of ad sales. Based on the learnings and successes we've experienced in the past year, this morning we are announcing a new sales structure and strategy.

Persons: It's, Marybeth Strobel, Greg Regis, Regis, Strobel, Ryan Gould, Jon Diament, Sheereen Russell, WBD, Jon Steinlauf, Jim Keller, Scott Kohn, John Dailey, David Zaslav, we've, AE's, Lucia Moses, lmoses Organizations: Warner Bros, WBD, Max, CNN, NBA, NCAA, MLB, NHL

☆ Ad giant IPG's data arm Kinesso has gone through an executive exodus, and the unit faces an uncertain future
▼ + stars: | 2023-07-19 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Ad giant IPG is shaking up its data and tech arm Kinesso, and many of the unit's top execs have left. The move comes as IPG looks to cut costs from specialty services like data, a source said. Several top executives at ad agency holding group Interpublic Group's data and technology arm Kinesso have left, and now the unit faces an uncertain future, Insider has learned. IPG launched Kinesso in 2019 as a big bet on pitching marketers additional services that go beyond making and buying ads. Acxiom will remain a standalone unit that will provide data products and services to all of IPG's agencies, the source added.

Persons: IPG, Kinesso, Acxiom, Arun Kumar, Ian Johnson, Kimber Robbins, Nancy Hall, Hall, Philippe Krakowsky, Krakowsky, IPG's, they've, Dentsu, Merkle Organizations: Global, WPP, Mindshare, Reprise, UM, Agency, Epsilon Locations: Mediabrands

☆ The biggest hedge fund in the world says ChatGPT was able to pass its investment associate test - and it's like 'having millions of them at once'
▼ + stars: | 2023-07-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

ChatGPT was able to pass the test Bridgewater gives to its investment associates, the firm's co-CIO said. ChatGPT is the equivalent of having "millions" of investment associates working at once, Greg Jensen said. Greg Jensen, co-CIO of the world's biggest hedge fund, told Bloomberg that ChatGPT was able to pass its investment associate test, and that the power of the buzzy AI chatbot is like having "millions" of junior staffers working all at once. Bots like ChatGPT have already performed well on Bridgewater's internal tests for investments associates, Jensen said. "Because all of sudden if you have an 80th percentile investment associate, technologically, you have millions of them at once.

Persons: ChatGPT, Greg Jensen, —, Jensen –, –, Jensen Organizations: Bridgewater, Service, Bridgewater Associates, Bloomberg, Morningstar Investment Locations: Bridgewater

☆ Grindr went public 7 months ago. Here's what's happened since then
▼ + stars: | 2023-06-23 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

Since its Nov. 18 debut, Grindr has begun courting investors and making the necessary adjustments to be a public company, all the while making innovative plans for the future of the product. Seven months in the public marketIn the seven months since Grindr representatives rang the opening bell, CEO George Arison has shifted his focus to matters relevant to a public company, such as hiring specialists versus generalists and raising liquidity. Slightly more than 6% of shares are available for public investors to buy and sell, according to FactSet. Big names such as Vanguard, BlackRock and Charles Schwab also have small holdings, with each accounting for less than 0.2% of total shares. Grindr also recently launched a web offering, which may offer more features at an additional cost in the future.

Persons: Grindr, It's, Bud, George Arison, Arison, unapologetically, Bumble, Morgan Stanley, he's, Charles Schwab, Raymond Zage, Tiga, James Fu Bin Lu, Spencer Platt Organizations: NYSE, Tiga, Disney, Bud Light, Anheuser, Busch Inbev, JPMorgan, Wall Street, Group, West Capital Management, Prescott Investors, Vanguard, BlackRock, New York Stock Exchange, Tiga Acquisition Corp, Getty Locations: Boston, New York City

☆ ChatGPT, Generative AI, and LLMs for Litigators
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +23 min

What are the basics litigators should know about how generative AI and LLMs work? Generative AI is a type of AI that generates new content or data in response to a prompt, or question, by a user. LLMs are an advanced form of generative AI that are the basis for generative pre-trained transformer (GPT) platforms, such as ChatGPT. What are the primary ethical pitfalls of using generative AI and LLMs, and how can litigators avoid them? What types of procedural and substantive issues are likely to arise in litigation stemming from the use of generative AI and LLMs?

Manchester United, INEOS, Tesla and Musk did not reply to requests for comment. "For potential buyers, football clubs like Manchester United are considered trophy assets driven by the perception of exclusivity. The size of that bid has fuelled speculation Manchester United will attract significantly more. Manchester United is the fourth richest soccer club in the world, according to analysis by Deloitte. A small portion of Manchester United shares is listed on the New York Stock Exchange.

☆ Citi names its top biotech stock picks for 2023 — and gives one 73% upside
▼ + stars: | 2022-12-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Biotech has been a "stock-pickers market" — and it may have just what it takes to remain one in 2023, according to Citi. Under a bad recession scenario, Citi prefers names with large cash balances and which have already commercialized drugs, or which are on the verge of drug approvals. Some names that meet those criteria include Apellis Pharmaceuticals , Acadia Pharmaceuticals and Amylyx Pharmaceuticals , Citi said. Its pre-clinical pipeline could also "drive long-term value across a number of large market opportunities." "[Its] strong cash position makes BEAM attractive even in a hard-landing scenario," Citi said.

☆ Jefferies upgrades Exxon Mobil, calls it a premium oil stock poised to rally more than 30%
▼ + stars: | 2022-10-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Exxon Mobil 's solid financials make a strong investment case for investors to load up on the oil stock going forward, according Jefferies. Analyst Lloyd Byrne assumed coverage of the oil stock and upgraded it to buy from hold, saying in a note to clients that Exxon is situated to outperform peers in the next five years given its strong financial position. While trading at a premium to oil peers, Byrne said Exxon's good financials, including liquidity and strong balance sheet, warrant the current share price. Exxon's shares have soared nearly 65% this year as oil prices rise. The fresh $133 price target suggests shares can rally 32% from Tuesday's close.

☆ I made $1.7 million in revenue in less than 2 years from 'drop servicing' my freelance work to other writers. Here's the business model I used to take my freelancing to the next level.
▼ + stars: | 2022-10-12 | by ( Georgia Austin | ) www.businessinsider.com time to read: +10 min

She explains how she set up the drop servicing model for her Fivver business and hired over 100 writers. In terms of earnings, Wizeo writers earn anywhere between $250 to $3800 per month, depending on their capacity. Since I started using a content drop servicing model, I've been able to sink over $100,000 of my personal profits into bootstrapping the launch of my new content creation services business. I realized that the content creation process is broken, and that a more streamlined, all-in-one content creation platform would be a huge advantage to businesses of any size. Georgia Austin is a content writer, strategist, and the CEO & Founder of Wizeo, a content creation platform for businesses worldwide.

☆ I made $1.7 million in revenue on Fiverr in under 2 years by 'drop servicing' my freelance work — here's how I did it
▼ + stars: | 2022-10-12 | by ( Georgia Austin | ) www.businessinsider.com time to read: +10 min

Austin made $20,000 a month by herself on Fiverr before hiring freelancers to help meet the demand. I now employ over 100 people and have brought in more than $1.7 million across both Fiverr and my own business in the past 17 months. In terms of earnings, Wizeo writers earn anywhere between $250 to $3,800 per month, depending on their capacity. Between the two businesses, we've brought in around $1.7 million in total revenue in 17 months. The growth of my Fiverr reach has proven that a sizable market for an integrated, quality, end-to-end content-creation service exists.

☆ The first-time founder's ultimate guide to hiring top talent, from a Greylock partner, a former Googler, a Stanford lecturer, and a consultant to Spotify and JPMorgan
▼ + stars: | 2022-08-19 | by ( Shana Lebowitz | Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +16 min

We asked a series of entrepreneurship experts — including founders, investors, and business professors — to outline some best hiring practices. Read more: The first-time founder's ultimate guide to pitching a VCNow, your goal in hiring the company's first few employees is to get the product or service to market. Patty McCord, former chief talent officer at Netflix, previously told Business Insider that managers should regularly evaluate whether their current team is equipped to tackle the next big challenge. Break down your organization into different levels: the senior management team, director-level managers, key employees, and employees in non-critical functions. As Sophie Kahn, cofounder of the sustainable jewelry company AUrate, told Business Insider, you can also consider your employees' personal preferences.

☆ As the former Microsoft VP of HR I can assure you that HR is not your friend. Here's where you should go instead if you're having workplace issues.
▼ + stars: | 2022-08-11 | by ( Chris Williams | ) www.businessinsider.com time to read: +6 min

I'm the former vice president of human resources at Microsoft and I can tell you it shouldn't be HR. HR is not your friendDo not see your team's HR representative as a friend. But from my experience as an HR exec, I can assure you that the company did not have over 1,000 people in HR to be your friend. For work-related issues, once you've reported any company policy violations to HR, I strongly recommend you go outside your organization. Chris Williams is a leadership advisor, podcaster, TikTok creator, author, and former VP of HR at Microsoft.

☆ Harvard lecturer: 'No specific skill will get you ahead in the future'—but this 'way of thinking' will
▼ + stars: | 2020-06-15 | by ( Vikram Mansharamani | ) www.cnbc.com time to read: +4 min

Many of us have been told that deep expertise will lead to enhanced credibility, rapid job advancement, and escalating incomes. It's just that our world is changing so rapidly that those with more tools in their possession will better navigate the uncertainty. To make it in today's world, it's important to be agile and flexible. Just think of how rapidly the world changed with the development of the Internet and wireless data technologies. He was a relative newcomer to retail but was able to adapt rapidly to seize a gigantic opportunity.

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