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☆ Will the AI spending boom pay off? One tech fund manager says it looks 'compelling' for some firms
▼ + stars: | 2024-06-05 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Many companies are in the AI infrastructure buildout phase right now. That's because, in order to enable AI applications, companies have to make the switch from "general purpose computing to accelerated computing," she said. "You can't run AI on traditional compute, it would be prohibitively expensive, and far too energy intensive," said Pleydell-Bouverie. That's a 35% increase from last year, she said, and all this incremental investment is being directed to AI initiatives. And the world is "only in the first five minutes of this AI infrastructure buildout," she added.

Persons: Clare Pleydell, Bouverie, Meta Organizations: Nvidia, Microsoft, Meta, Liontrust Asset Management, CNBC Pro, Google, Apple, JPMorgan, Liontrust Global Technology Fund, Technology

☆ Ad agency BENlabs has laid off staffers and named a new CEO as the company restructures
▼ + stars: | 2024-06-05 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +1 min

It announced plans to focus on product placement, influencer marketing, and creator platform TubeBuddy. The company also named a new CEO to help lead the restructuring. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertising agency BENlabs has laid off staffers and appointed a new CEO as part of a restructuring, the company announced on Tuesday. The company said the restructuring focuses its business on three core areas: product placement, influencer marketing, and the creator-analytics platform TubeBuddy.

Persons: BENlabs, — Organizations: Service

☆ Video: WWII veterans return to Normandy 80 years after Allied invasion
▼ + stars: | 2024-06-05 | by ( Melissa Bel | ) edition.cnn.com time to read: 1 min

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☆ Australia drops legal fight against X over church stabbing video
▼ + stars: | 2024-06-05 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +5 min

Brisbane, Australia CNN —Australia’s eSafety commissioner has dropped her legal bid to force Elon Musk’s social media site X to hide a violent video of a church stabbing in Sydney from global users. The eSafety commissioner had wanted X to hide the video for users beyond Australian borders. The incident set off a riot outside the church that authorities said was stoked by the rapid distribution of the video online. “The Video is, and at all material times has been, widely accessible to persons in Australia other than on the X platform, including in its full form on other social media services and various websites,” court documents said. The Assyrian Orthodox cleric was quoted in court filings as supporting the distribution of the video as an exercise in free speech.

Persons: Australia CNN — Australia’s, Elon, Julie Inman Grant, X, Inman Grant, ”, Musk, ’, Joanne Gray, ” Gray, it’s, Bishop Mar Mari Emmanuel, eSafety, she’d Organizations: Australia CNN, University of Sydney, Good Shepherd, Australian Jewish Association, Australia’s, ABC Locations: Brisbane, Australia, Sydney

☆ Award-winning actor Wendell Pierce claims he was denied housing over race
▼ + stars: | 2024-06-05 | by ( Serenitie Wang | ) edition.cnn.com time to read: 1 min

☆ Map: Where women are currently leading countries around the world
▼ + stars: | 2024-06-04 | by ( Jhasua Razo | ) edition.cnn.com time to read: 1 min

☆ Video: Former FBI director James Comey says Trump is ‘begging’ for a jail sentence. Hear why
▼ + stars: | 2024-06-04 | by ( Clemente Duran-Ballen | ) edition.cnn.com time to read: 1 min

☆ How AI could supercharge the Vision Pro
▼ + stars: | 2024-06-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

It could also boost sales of the pricey Vision Pro, which has reportedly and unexpectedly received a production cut. During its most recent earnings call, CEO Tim Cook said more than half of the Fortune 100 companies have already bought an Apple Vision Pro. But while it’s unclear when generative AI will come to the Vision Pro, Nygugen said: “It’s only a matter of time.”That’s because the Vision Pro is merely just another interface – much like a tablet, laptop, or watch, that touches Apple’s ecosystem. The Vision Pro, the tech giant's $3,499 headset, is its first major release since the Apple Watch nine years ago. “Vision Pro just came out a few months ago and it needs to get its feet under it before it really starts to take off,” Llamas said.

Persons: it’s, Tim Cook, It’s, Siri, “, Tuong, ”, Nygugen, ” Nygugen, Angela Weiss, Ming Chi, Kuo, Jeremy Bailenson, Bailenson, Ramon Llamas, Apple, ChatGPT – Organizations: CNN, Developers, Google, Samsung, Vision, Fortune, Apple Vision, Gartner, Apple, Apple Watch, Getty, Vision Pro, Stanford, VR, IDC, Microsoft, “ Locations: Cupertino , California, New York City

☆ EU elections: How Russian trolls are meddling in the world’s second-biggest democratic vote
▼ + stars: | 2024-06-04 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +11 min

There is a focus on fake stories to influence attitudes on subjects like the wars in Ukraine and Gaza. But for the past year, the climate crisis has been the second-most targeted subject, according to the European Digital Media Observatory (EDMO). Official statistics, however, tell a different story: In 2022, renewables accounted for 23% of the energy consumed in the EU. The EU is considered a global leader in tackling planet-heating pollution, but climate disinformation could undermine the bloc’s ambitious goal to reduce carbon emissions by 90% by 2040, compared with 1990 levels. Its community standards policy in the past had only targeted video, but in April, it was expanded to include audio.

Persons: Morgan Wright, “, streetlights, Paula Gori, ”, Gori, EU DisinfoLab, Wright, Gaizka Iroz, they’ve, “ They’ve, ” Gori, Pallavi Sethi, ’, —, Facebook —, ” Wright Organizations: CNN, European Union, EU, Guardian, Bild, European Digital Media, Facebook, Getty, West, Grantham Research, London School of Economics, stoke, Services, European, Meta Locations: European, Russia, United States, United Kingdom, American, Europe, Germany, Ukraine, Gaza, EU, Spain, France, Biriatou, AFP, Africa, Asia, industrializing, Gori, Italy, Croatia, Poland, England, Grantham, Prague, Russian, Slovakia, Moscow

☆ Meta's AI chatbot says it was trained on millions of YouTube videos. Meta didn't deny it but said the bot could be inaccurate.
▼ + stars: | 2024-06-04 | by ( Kali Hays | ) www.businessinsider.com time to read: +5 min

Read previewThe Meta AI chatbot is more willing to share what data it was trained on than Meta is. It expanded Meta AI in April as a chat and image generator function across all its apps, including Instagram and WhatsApp. Meta AI told Business Insider that it was trained on large datasets of transcriptions from YouTube videos. Meta AI initially said its training data included a third-party dataset of 3.7 million transcribed YouTube videos. In responding to further queries about its YouTube training data, Meta AI said its training data included another, larger dataset of transcriptions from 6 million YouTube videos also compiled by a third party.

Persons: —, hasn't, Meta, OpenAI, Meta AI's, We'll, Meta's chatbot, Google's GoogleBot, Kali Hays Organizations: Service, Meta, Facebook, Business, TED, YouTube, NBC News, CNN, Financial Times, US Locations: khays@businessinsider.com

☆ Video: Lawmakers 6-year-old on makes CNN anchors laugh with funny faces
▼ + stars: | 2024-06-04 | by ( Ellen Rittiner | ) edition.cnn.com time to read: 1 min

☆ Hear about the link between spending time on the internet and teen mental health
▼ + stars: | 2024-06-04 | by ( Josephine Hitchings | ) edition.cnn.com time to read: 1 min

☆ ‘A containment of Modi’: Journalist reacts to Indian election results
▼ + stars: | 2024-06-04 | by ( Alex Hardie | ) edition.cnn.com time to read: 1 min

☆ Toddler goes viral helping mom graduate on stage at Princeton
▼ + stars: | 2024-06-04 | by ( Josephine Hitchings | ) edition.cnn.com time to read: 1 min

☆ Why America could fail again: Dr. Birx’s stark pandemic warning
▼ + stars: | 2024-06-04 | by ( Jodi Upchurch | ) edition.cnn.com time to read: 1 min

☆ Copper and this related stock set to make another run at the highs, according to the charts
▼ + stars: | 2024-06-04 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

Back in April we covered the breakout in Southern Copper (SCCO) from $116 a share. I think it can hold that support again and, along with underlying copper futures, mount another attack on the highs. Copper demand just recently exceeded 25 million metric tons this year and with the explosion in AI and with the move towards clean energy, copper demand is expected to reach 40 million metric tons in the next 15 years. Turning to our focus stock, Southern Copper (SCCO), the chart is also pulling back into a very similar correction with anticipated support in the $115-$105 zone. Southern Copper beat their top and bottom line earnings estimates for Q1 in April, and looking ahead the growth is expected to continue.

Persons: Jensen Huang, We're, Todd Gordon, Gordon, SCCO Organizations: Nvidia, Elliott, Edge, . Southern, Inside Edge, Inside Edge Capital Management Locations: South America, China, .

☆ Jon Stewart tackles fallout of the Trump hush money trial
▼ + stars: | 2024-06-04 | by ( Jeff Seltzer | ) edition.cnn.com time to read: 1 min

☆ ‘Shark Tank’ star says he would vote for candidate that would take his ‘good idea’
▼ + stars: | 2024-06-04 | by ( Ally Hill | ) edition.cnn.com time to read: 1 min

☆ Video: A close look at one man’s mission to patrol US-Mexico border
▼ + stars: | 2024-06-04 | by ( Ally Hill | ) edition.cnn.com time to read: 1 min

☆ Toyota recalling 100,000 big trucks and luxury SUVs due engines stalling
▼ + stars: | 2024-06-04 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: 1 min

☆ New York’s creative solution to targeting children online: Block the algorithms
▼ + stars: | 2024-06-04 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —New York could soon become the first state to pass a law restricting social media platforms from using algorithms to promote content to minors. Kathy Hochul and state lawmakers are nearing a legislative deal on the proposal, according to a person familiar with the matter. That could mean significant changes to how kids in New York interact with social media apps and would make algorithmically generated content feeds an opt-in experience requiring parental consent. A tentative deal on the social media bill was earlier reported by The Wall Street Journal. “We’re not banning young people from social media,” Hochul said in an interview on NPR Monday.

Persons: Kathy Hochul, ” Hochul, “, We’re, ” Organizations: CNN, New York Democratic Gov, Wall Street, Industry, New, NPR Locations: York, New York, Arkansas, Florida , Louisiana, Ohio

☆ A YouTuber earned over $800,000 through sponsorships and ad revenue last year with videos on controversial topics like Ozempic
▼ + stars: | 2024-06-04 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

That's what creator Jake Tran attributes to his success on YouTube , where he's built an audience of 1.82 million subscribers by posting documentary-style videos. His creator journey began in high school when he was inspired by YouTube explainer videos that dissected specific topics. "You can make just as much money, if not more money, than YouTube ads," he said of sponsorships. AdvertisementLast year, Tran generated $820,246 in revenue from YouTube ads and sponsorships, which BI verified through documentation he provided. Last year, Tran earned $390,937 from sponsorships through his Jake Tran YouTube channel.

Persons: —, Jake Tran, Tran, Mark Zuckerberg, Graham Steffan, Ozempic, Arvid Ali, Wolf, Jordan, Ali Organizations: Service, YouTube, Business, Jake Tran YouTube

☆ Video: Russians target Olympics with fake AI-generated Tom Cruise video
▼ + stars: | 2024-06-04 | by ( Paige Levin | ) edition.cnn.com time to read: 1 min

The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen. Redstone has been supportive of the Office of the CEO leadership team that has run the company since former CEO Bob Bakish stepped down in late April. The plan that Paramount Global shareholders are hearing on Tuesday will essentially serve as Redstone's alternate option if she chooses not to sell. "We'll be thoughtful with how we deploy capital, with our world-class content being the priority," said Robbins during the presentation Tuesday. On Tuesday, Robbins said the company has been "aggressively exploring all options" when it comes to partnerships with other streamers.

Persons: George Cheeks, Chris McCarthy, Brian Robbins —, —, David Ellison's, Shari Redstone, Bob Bakish, Robbins, Cheeks, McCarthy Organizations: Paramount, SAG, Paramount Global, CBS, Paramount Media Networks, Paramount Pictures, Media, RedBird Capital, KKR, CNBC, Amusements Locations: Los Angeles , California, U.S

☆ How does being transgender affect your personal and family finances?
▼ + stars: | 2024-06-04 | by ( Bryan Mena | ) edition.cnn.com time to read: 1 min

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