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Ahead of their big day, Ambani and Merchant threw a lavish three-day pre-nuptial bash in March. "The three biggest moments, culturally, for India are Bollywood, cricket and weddings," Mehak Sagar, co-founder of WedMeGood, told CNBC Make It. The Indian wedding industry is estimated to have brought in about 4.74 trillion rupees (about $56 billion) during the 2023 wedding season, thus making it a "trillion-dollar enterprise," according to the 2024 Wedding Industry Report by WedMeGood, a wedding planner platform. "Given that it is the fourth largest industry in India — the Indian wedding industry touches maybe 16 to 20 [other] industries," Sagar said. Lavish Indian weddings are no stranger to Tina Tharwani.
Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Ambani, Merchant, Bill Gates, Rihanna, Ivanka Trump, Mehak Sagar, WedMeGood, Sagar, Tina Tharwani, Nick Jonas, Priyanka Chopra, Anushka Sharma, Virat, Shaadi Organizations: Microsoft, CNBC, Shaadi Locations: India, Silicon Valley, Mumbai
"I didn't intend to go deep on the idea of service, but it's certainly as relevant today as ever," Gates wrote. 'The Women,' by Kristin HannahHannah's bestseller, released in February, is a work of historical fiction set during the Vietnam War. In his new book, Anderson argues "that we need to expand our definition of generosity," Gates wrote. "Oldman plays the head of Slough House, who's basically the polar opposite of James Bond," wrote Gates. "More than a guide to better conversations, it's a blueprint for a more connected and humane way of living," Gates wrote.
Persons: Bill Gates, David Brooks, Gates, it's, Kristin Hannah Hannah's, Frances McGrath, I've, Hannah, Nightingale, Chris Anderson, Anderson, Mick Herron, Jackson Lamb, Gary Oldman, Oldman, who's, James Bond, Sal Khan, Khan, Melinda Gates, Sal, Brooks Organizations: Microsoft, New York Times, Army, Corps, TED, Apple, Slough House, Khan Academy, Melinda Gates Foundation, CNBC Locations: Vietnam, Slough
The leaders of tech's biggest companies have some interesting hobbies. 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 . AdvertisementWhen they aren't running multi-billion-dollar companies, tech executives find time to pick up some varied hobbies. This story is available exclusively to Business Insider subscribers.
Persons: Bill Gates, , Larry Ellison Organizations: Service, Business
Microsoft is partnering with tutoring organization Khan Academy to provide a generative AI assistant to all teachers in the U.S. for free. Khanmigo for Teachers, which helps teachers prepare lessons for class, is free to all educators in the U.S. as of Tuesday, with the financial support of Microsoft. Microsoft and Khan Academy are also planning to provide more AI-powered math tutoring to students through a new open-source small language model from Microsoft's Phi-3 AI technology. The relationship between the tech giant and education nonprofit will also feed back into Microsoft's Copilot AI, with more Khan Academy content added, and Khan content brought into Microsoft Teams for Education, an existing free communication app for students and teachers. Microsoft co-founder Bill Gates recently recommended Khan's new book on AI in education.
Persons: Sal Khan, Sam Altman, Greg Brockman, zeroed, Khan, Nadia, Alan Turing's, Khanmigo, Bill Gates, Gates Organizations: Microsoft, Academy, Khan Academy, CNBC, Khan, CNBC's Technology, Phi, Microsoft Teams, Education Locations: U.S
Bill Gates has taken to social media to tout a new book focused on AI and education. The book is authored by Salman Khan, the founder and CEO of the educational platform Khan Academy. Gates has been optimistic about AI's impact on education but says we'll still need teachers. AdvertisementBill Gates, the Microsoft cofounder and renowned bookworm, has taken to social media to share his latest book recommendation. Gates touted the book, "Brave New Words: How AI Will Revolutionize Education (and Why That's a Good Thing)," by Salman Khan, the founder and CEO of Khan Academy, an educational nonprofit that aims to provide free learning resources.
Persons: Bill Gates, Salman Khan, Gates, we'll, Organizations: Khan, Service, Microsoft, Education, Khan Academy, Business
His latest recommendation comes from the world of artificial intelligence — specifically, how the fast-advancing technology might improve the quality of education students receive around the world. The Microsoft co-founder recently took to social media to tout "Brave New Words: How AI Will Revolutionize Education (And Why That's a Good Thing)," which published last week. The book was written by Sal Khan, the founder and CEO of education nonprofit Khan Academy — which is developing an experimental AI chatbot tutor called Khanmigo. "If you're passionate about education, you need to read this book," Gates wrote on social media platform X. AI tutoring could help "close the education gap" with direct help for low-income students even in developing countries, Gates noted last year on his "Unconfuse Me" podcast, in an episode featuring Khan.
Persons: Bill Gates, Sal Khan, Gates, Sal, Khan, Khanmigo —, Melinda Gates, Tovah Klein Organizations: Microsoft, Khan Academy, Melinda Gates Foundation, Barnard College, CNBC
The world's second-richest person owns three private jets, according to public records seen by Business Insider and data from JetSpy. AdvertisementThe cabin of a Gulfstream G650ER. The light business jet with 10 seats was manufactured in 2020 and usually costs about $9 million. How Bezos' jets are kept privateProving Bezos' ownership of the jets isn't simple. A Gulfstream G650ER.
Persons: , Jeff Bezos, — Elon Musk, Bill Gates, Taylor Rains, Bezos, Robert Smith, Poplar, Paul Dauber, Taylor Swift, FlightAware, It's, Jack Sweeney Organizations: Service, Business, Gulfstream, Miami, Seattle, Federal Aviation Administration, TVPX Aircraft Solutions, Getty, FAA, Bezos, Dassault Falcon, Poplar Glen, Boeing Field, BI, Puget Sound Business, Costco, Royce, Forbes Locations: JetSpy, Miami, Cape Town, Dubai, Beijing, Australia, Asia, Bezos, Poplar Glen, Washington, Poplar Glen's, Seattle
Bill Gross told Barron's that oil and gas pipelines are a top investment of his as he seeks alternatives to a tapped-out bond market. He says these publicly-traded multiple limited partnerships offer strong returns with additional tax advantages. Rather than seeking opportunity in the bond market, the legendary billionaire is investing in oil and gas pipelines. Gross notes that the pipelines — which trade as master limited partnerships — possess many of the yield attributes of bonds. Previously, he attempted to trade Broadcom on AI hopes, but was "whipped back and forth," Gross shared in March commentary.
Persons: Bill Gross, Gross, , that's, Barron's, " Gross, Con Organizations: Microsoft, IBM, Nvidia, Service, Energy, Western Pipeline, Gross, Broadcom, Dominion Locations: Barron's, Con Edison
The Meta CEO hung out with Bill Gates in recreations of his old bedrooms for his birthday bash. Zuckerberg isn't the only billionaire to celebrate with a lavish — and slightly bizarre — party. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg marked turning 40 this week by channeling his inner Eminem, squeezing into recreations of his old bedrooms, and hanging out with Bill Gates. The Meta CEO isn't the first billionaire to celebrate his birthday with a lavish — albeit slightly bizarre — party.
Persons: Mark Zuckerberg, Bill Gates, Zuckerberg, , isn't, Jeremy Strong's Kendall Roy, Wu Organizations: Service, HBO, Wu -, Business Locations: Wu - Tang
Read previewThe Instagram photos from Mark Zuckerberg's 40th birthday party left me with many questions. AdvertisementIn two of the photos, he's wearing a slightly different outfit: the gold chain is missing, and his T-shirt is plain black. AdvertisementOr, another option, which is my theory: He didn't choose the shirt; the shirt was gifted to him during the party. My theory is that this wasn't just her regular casual party attire — she was dressing up in a typical Mark outfit as a joke, chain and all. But I feel confident in my assessment that Zuckberg's outfit was gifted to him as a joke during his party.
Persons: , Mark Zuckerberg's, Zuck's, Priscilla Chan, Mark, Kieran, Zuckerberg, didn't, Cato —, Zuck, Priscilla Chan's Instagram, Mark doesn't, Bill Gates, Joel Kaplan, Meta's, Kaplan, Mark Zuckerberg Organizations: Service, Business, Google, Nike Locations: Harvard, Carthage
In pictures: Microsoft co-founder Bill Gates
  + stars: | 2024-05-15 | by ( ) edition.cnn.com   time to read: +1 min
Bill Gates helped usher in a personal computing revolution that brought computers to the masses. The Seattle native dropped out of Harvard University and co-founded Microsoft in 1975. After holding a number of leading roles at the company he co-founded, Gates eventually left his day job at Microsoft in 2008 to focus full time on his philanthropic organization, The Bill & Melinda Gates Foundation. Gates' philanthropic endeavors have garnered global acclaim: In 2005, Gates was knighted by Britain's Queen Elizabeth II, and in 2016 he and his wife received the Presidential Medal of Freedom from Barack Obama. In 2021, Bill and Melinda French Gates announced they were ending their marriage after 27 years.
Persons: Bill Gates, Gates, Melinda Gates, Queen Elizabeth II, Barack Obama, Melinda French Gates Organizations: Seattle, Harvard University, Microsoft, Forbes, Melinda Gates Foundation
Warren Buffett's Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. "To be truly successful, to do anything great, you have to use your strengths,. "So I think you need both to be truly successful," he says. Find what motivates youThere are two types of motivation, George says: extrinsic motivation, like a comfortable salary, and intrinsic motivation, like enjoying a job where you get to help people every day. Becoming more successful can start with figuring out your own intrinsic and extrinsic motivations, says George.
Persons: Warren, Berkshire Hathaway, Warren Buffett, Bill George : Buffett, George, Zach Clayton, Buffett, Forbes, Buffett didn't, Hone Organizations: Mitsubishi Corp, Mitsui & Co, Sumitomo, Harvard University, Berkshire, Harvard Business School, CNBC
Mark Zuckerberg's 40th birthday bash featured recreations of his old bedrooms. Bill Gates, in a black hoodie, hung out in a replica of Zuckerberg's Harvard dorm room. AdvertisementMark Zuckerberg's 40th birthday bash gave us a glimpse of an alternate universe where Zuck and Bill Gates are college roommates. The slideshow shows him in mini-replicas of some of his former cribs — including the Harvard dorm room where he launched Facebook. Gates, in a black hoodie, blue-gray gym shorts, and tennis shoes, was crouched on a little red sofa next to him.
Persons: Mark Zuckerberg's, Bill Gates, Zuckerberg, Organizations: Harvard, Service, Business Locations: Gates, Harvard
Read previewSince ChatGPT burst onto the scene in 2022, there's been no real "killer app" to get consumers embracing AI in massive numbers. The internet, possibly the biggest killer app of all, made us all buy smartphones, tablets, and a host of other connected devices. AI killer app contendersAt its IO developer conference on Tuesday, Google showed off some pretty amazing AI killer app contenders. A Google AI model lurking on the phone (and in the cloud) answered correctly. The Google AI agent captured all the dates, times, and other details and automatically loaded them into the user's Google Calendar.
Persons: , there's, she'd, Warren Buffett, Bill Gates, Sundar Pichai, Sissie Hsiao, DeepMind's Hassabis, Pichai Organizations: Service, Business, Google, Astra, Microsoft Locations: London
In today's big story, everyone's talking — literally — about the big update for OpenAI's ChatGPT that could make your job a lot easier . AdvertisementOpenAI may have finally cracked the code on voice interactions with AI, though. OpenAI says GPT-4o's average response to audio inputs is 320 milliseconds, which is on par with a typical human-to-human conversation. "They've essentially made text input almost be the barbaric form of communicating with ChatGPT (or any AI) now," the developer said. ChatGPT, Tyler Le/BIOpenAI's big reveal shows the shockwaves the startup keeps sending through the tech world.
Persons: , Here's, ChatGPT Holger Scheibe, Tyler Le, OpenAI, Alex Bitter, They've, ChatGPT, Katie Notopoulos, Siri, it's, Apple that's, Andrew Burton, Justin Sullivan, Rebecca Zisser, Tim Cook's, Tesla, Mark Zuckerberg, he's, Nathan Congleton, Melinda, Gates, French Gates, she'd, Melinda Gates, Bill Gates, Doug McMillon, It's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Teen, Business, HAL, Hollywood, Apple, Apple's Worldwide, Conference, GPT, Google, Microsoft, Washington, Getty, Tesla, Melinda Gates Foundation, University of Arkansas, Depot, Sony, Disney, Cannes Locations: NBCU, New York, London
CNN —On Monday, Melinda French Gates announced her resignation from the Bill and Melinda Gates Foundation, officially ending one of the world’s leading philanthropic partnerships. In French Gates’ 2008 Fortune profile, Buffett said French Gates helped focus the foundation’s mission. In addition to French Gates, Gates and Buffett, The Giving Pledge counts billionaires like Mark Zuckerberg, Elon Musk and MacKenzie Scott as signatories. French Gates has a net worth of $13.3 billion, according to the Bloomberg Billionaires Index, while Bill Gates’ net worth is $153 billion. French Gates’ departure from the Bill and Melinda Gates Foundation has been hinted at since the couple announced their divorce in May 2021.
Persons: Melinda French Gates, Melinda Gates, Gates, Bill Gates, Melinda Gates ’, Warren Buffett, Buffett, ” Buffett, Mark Zuckerberg, Elon Musk, MacKenzie Scott, , French Gates Organizations: CNN, Melinda Gates Foundation, Microsoft, Duke University, Fortune Magazine, Gates Library Foundation, Berkshire Hathaway, Bloomberg, Rutgers ’ Center, American Women Locations: United States, Fortune, , Gates, French, Politics
Melinda French Gates announced she's resigning as co-chair of the Bill & Melinda Gates Foundation. Advertisement"The time is right for me to move forward into the next chapter of my philanthropy," she wrote in a statement on X. She added that she'll have "an additional $12.5 billion to commit to my work on behalf of women and families" thanks to an agreement with her ex-husband, Microsoft founder and billionaire Bill Gates. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.
Persons: Melinda French Gates, she's, Melinda Gates, Bill Gates Organizations: Melinda Gates Foundation, Microsoft, Business
New York CNN —Melinda French Gates said Monday she would resign as co-chair of the Bill & Melinda Gates Foundation that she has helped lead since 2000. As part of her separation agreement from former husband Bill Gates, French Gates said she will receive an additional $12.5 billion for her charitable work. Bill Gates and French Gates announced their divorce in May 2021. Gates will remain in control and, essentially, buy French Gates out of the foundation, Suzman said at the time. The Bill & Melinda Gates Foundation did not immediately respond to CNN’s request for comment.
Persons: Melinda French Gates, Melinda Gates, Bill Gates, French Gates, Gates, , Mark Suzman, Melinda, , Suzman, ” Suzman Organizations: New, New York CNN, Melinda Gates Foundation, Gates Foundation, Ventures Locations: New York, Gates, United States
"Big Short" investor Danny Moses is still betting against Tesla stock and expects it to fall to $50. Tesla's focus on Robotaxis and AI is a distraction from its "falling apart" core business, he told CNBC. AdvertisementTesla's stock is cruising toward a steep correction, and will see a drop-off that even new tech initiatives can't steer around, investor Danny Moses told CNBC. The Moses Ventures founder revealed a Tesla short last year, sparked by a frustration over CEO Elon Musk's purchase of X, formerly Twitter. While Moses holds Tesla as his primary short, he touted a separate autonomous driving firm called Wayve.
Persons: Danny Moses, Moses, , Tesla, Elon Musk's, Bill Gates Organizations: CNBC, DOJ, Service, Moses Ventures, Elon, Department of Justice, Nvidia
Melinda French Gates, one of the world’s most influential philanthropists and the ex-wife of Microsoft co-founder Bill Gates, announced Monday that she was resigning from the foundation that she and her husband founded. In a post on X, Ms. Gates said she was “immensely proud” of the work of the Bill and Melinda Gates Foundation, which she and Bill Gates started in 2000. As one of the biggest donors at the World Health Organization, it exerts a considerable level of influence over the policies in developing countries, especially in health and education. Mr. and Ms. Gates announced their plans to divorce in May 2021, after 27 years of marriage. The foundation at the time said they would remain co-chairs of the organization.
Persons: Melinda French Gates, Bill Gates, Gates, Melinda Gates Organizations: Microsoft, Melinda Gates Foundation, World Health Organization
Melinda Gates, co-founder of the Bill and Melinda Gates foundation arrives at the Elysee Palace in Paris, France on July 01, 2021. Melinda French Gates, the former wife of Microsoft co-founder Bill Gates, announced on Monday she would resign as co-chair of the Bill & Melinda Gates Foundation next month. Bill Gates in a separate statement said, "I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work." French Gates has also devoted significant amounts of time and money towards gender equality initiatives worldwide. In 2015, she founded Pivotal Ventures, a separate entity from the Gates Foundation, which focused on removing barriers to access and opportunity for minorities and women in the U.S.
Persons: Melinda Gates, Melinda French Gates, Bill Gates, French Gates, Gates, Melinda Organizations: Microsoft, Melinda Gates Foundation, Ventures, Gates Foundation Locations: Paris, France, French, Africa, South Asia, U.S
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. Oklo's business model is based on commercializing nuclear fission, the reaction that fuels all nuclear power plants. "I don't see a way for us to get there without nuclear," Altman told CNBC in 2023. It's not Altman's only foray into nuclear energy or other infrastructure that could power large-scale AI growth.
Persons: Sam Altman, Altman, Oklo, Bill Gates, Jeff Bezos, Jacob DeWitte, hasn't, we've, DeWitte, It's, Helion, OpenAI Organizations: Economic, New York Stock Exchange, AltC, U.S . Air Force, Microsoft, Amazon, CNBC, U.S . Nuclear Regulatory Commission, NRC, DeWitte, Nvidia Locations: Davos, Switzerland, Idaho, OpenAI's San Francisco, U.S, Saudi Aramco, Rain
The C.E.O.s Who Just Won’t Quit
  + stars: | 2024-05-09 | by ( Emma Goldberg | ) www.nytimes.com   time to read: +1 min
Even so, there are few scenarios in which a middle-aged corporate executive can be treated like an aging rock star by thousands of fawning employees. Around the time Ballmer announced his plans to go, the company’s stock price was lower than when he started the job. The media was bemoaning Microsoft’s “lost decade.” While its tech rivals had seized on new markets, Microsoft had changed fairly little. Apple dominated smartphones, Google prevailed in search and giants like Facebook — which didn’t even exist when Ballmer took the reins — stood atop a whole new sector of the economy. With the arrival of Ballmer’s successor, Satya Nadella, Microsoft’s stock price soared.
Persons: Ballmer, , I’ve, Bill Gates, Microsoft’s “, , Satya Nadella Organizations: Microsoft, Apple, Google, Facebook
AdvertisementSo, Business Insider asked some style experts — and a finance bro — which brands and styles those on Wall Street should check out for their summer workwear. Men's fashion consultant Reginald Ferguson told BI that he wants his clients to remain "modern, yet classic" in their daily attire. Charles Tyrwhitt; Peter MillarPeter Millar and Charles Tyrwhitt were two brands suggested to BI by an early-career investment banker who asked to remain anonymous to protect his career. It's a "luxury golf brand that was smart to expand its line for its client to wear other garments while not on the course," Ferguson told BI. Kiton, another high-end brand with origins in Italy, is "the grail for the partner of the firm," Ferguson told BI.
Persons: , Goldman Sachs, Mark Zuckerberg, Jeff Bezos —, Lauren Sanchez —, bro, Reginald Ferguson, Peter Millar, Charles Tyrwhitt, Peter Millar Peter Millar, Ferguson, nodded, Nicole Pollard Bayme, Bayme, Billionaire Bill Gates, Larry Ellison, Richard Mille Organizations: Service, bros, JPMorgan, Citigroup, Business, BI, LA, Casio, Getty, Billionaire Locations: Silicon, British, Italy
AdvertisementYoung professionals said they don't need 40 hours a week to get their work done. In fact, 81% of respondents said working one less day a week would improve their company's productivity. This story is available exclusively to Business Insider subscribers. AdvertisementA police department in Colorado moved workers from 40 to 32 hours a week in July 2023 and reported "fantastic" initial results months later. One alternative: a four-and-a-half day week.
Persons: , They're, Bill Gates, that's, Gates, Trevor Noah's, Binny Gill Organizations: Service, CNBC, Generation, Business, CNN, Billionaire Microsoft, Technologies Locations: Dominican Republic, Colorado
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