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☆ What to know about the AI company Amazon is betting billions on
▼ + stars: | 2024-03-28 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Earlier this week, Amazon said it'd commit a further $2.75 billion to the San Francisco-based company as part of its efforts to get ahead of other Big Tech competitors in the AI arms race. AdvertisementSo, what's the deal behind the company Amazon is betting billions on? Related storiesDuring its early days, Anthropic focused on research, training, and testing efforts to ensure its AI model acted in a way that aligned with human values. Since the initial launch, Anthropic has released a slate of new AI models. Moving forward, Anthropic plans to release more updates to its Claude 3 model family and make its AI more suitable for companies.

Persons: —, Amazon, Claude, OpenAI's ChatGPT, it'd, Anthropic, Dario Amodei, Daniela Amodei, OpenAI, Amodei, Face's, Sam Bankman, what's, Swami Sivasubramanian, Anthropic didn't Organizations: Service, San, Big Tech, Business, New York Times, Google, CNBC Locations: Anthropic, San Francisco

☆ Al Capone's Miami property is on the market for $23.9 million — but the house itself is gone
▼ + stars: | 2024-02-16 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +2 min

A 30,000-square-foot lot is for sale on Miami's exclusive Palm Island for $23.9 million. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . And now the land where his final home stood on Miami's exclusive Palm Island is for sale for a cool $23.9 million. Become Legendary/Dina GoldentayerThe property, which is listed by Douglas Elliman agent Dina Goldentayer, has 100 feet of water frontage and a view of downtown Miami. According to the listing, a house up to 15,000 square feet can be built on the property.

Persons: Al Capone, —, Dina Goldentayer, Douglas, Todd Glaser, Al, Capone, Mae Coughlin, Shaquille O'Neal, Gloria Estefan, Nick Nolte, Ana Gabriel Organizations: Service, Miami Herald, Miami Beach, Herald, Bettmann, Getty Locations: Miami, Al Capone's Miami, Palm

☆ Hugging Face CEO says he's focused on building a 'sustainable model' for the $4.5 billion open-source-AI startup
▼ + stars: | 2023-12-28 | by ( Ashley Stewart | Monica Melton | ) www.businessinsider.com time to read: +8 min

It's an open-source platform where scientists, researchers, and engineers build, train, and deploy AI models. With his company, Delangue wants to follow in the footsteps of companies such as Red Hat by making open-source AI a profitable endeavor. "If we don't support openness, open science, and open-source AI, just a few companies will be able to do it," Delangue told Business Insider. The episode has made open-source models look more attractive because they don't rely on a single company that could suddenly lose all its employees. What do you see your customers using Hugging Face's AI models for most?

Persons: Clément Delangue, Delangue, OpenAI, Sam Altman, —, Giada, Pistilli, We're, autocomplete, We've, we've, that's Organizations: Service, Business, Investors, Amazon, Google, Nvidia, IBM, BI, Microsoft Locations: Amazon

☆ The North Face pulled off a hilarious, spectacular marketing stunt by flying a disgruntled customer up a mountain and gifting her a new jacket after hers let the rain in on a hike
▼ + stars: | 2023-12-01 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Popular apparel brand The North Face posted a crazy marketing stunt on TikTok recently. In a video, they delivered a rain jacket to a woman at the top of a mountain in New Zealand via helicopter. Jenn Jensen posted a TikTok video on November 17 showing herself on a hiking trail in the rain where she's soaked whilst wearing a rain jacket sporting The North Face logo. "I've got a bone to pick with North Face," Jensen says in the video which has racked up over 11 million views. "I bought this 'rain jacket' a couple of days ago and the tag for the advertising said that it's waterproof.

Persons: —, Jenn Jensen, I've, Jensen, @timbrodini Organizations: Service, North Locations: New Zealand, Hooker

☆ OpenAI's chaos has both hastened the arms race to AI dominance and opened the door to competitors
▼ + stars: | 2023-11-25 | by ( Monica Melton | ) www.businessinsider.com time to read: +4 min

OpenAI chaos has calmed as CEO Sam Altman is reinstated and an investigation begins. AdvertisementThe drama of Sam Altman unexpectedly being fired on Friday and then reinstated to OpenAI Tuesday night has reached a close. AI ethics experts have expressed concern about the power of AI technology being controlled by the hands of a few. "The increasing concentration of capital, compute, and data are a problem," Emily M. Bender, a University of Washington linguistics professor, told BI. The seemingly earth-shattering news from OpenAI may have instead opened a door for resourcefulness and for other players to emerge.

Persons: Sam Altman, —, OpenAI, Émile Torres, Altman, Emily M, Bender, nilly, Ali Alkhatib, Pistilli Organizations: Service, University of Washington, Microsoft Locations: AGI

☆ Getting emotional with ChatGPT could get you the best outputs
▼ + stars: | 2023-11-12 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Researchers found that LLMs produced higher-quality outputs when emotional language was used to talk to AI chatbots. Other examples of emotional language added to prompts include "You'd better be sure," "Take pride in your work and give it your best. Prompts with emotional language, according to the study, generated an overall 8% performance improvement in outputs for tasks like "Rephrase the sentence in formal language" and "Find a common characteristic for the given objects." AdvertisementAdvertisementWhen outputs were separately reviewed by a sample of 106 humans, researchers found that the emotional prompts elicited an overall 10.9% improvement to knowledge-based queries like "What happens to you if you eat watermelon seeds?" To write the best ChatGPT prompts, AI experts suggest assigning ChatGPT a specific role, providing ample context, breaking down the desired output into a series of steps, and being as specific as possible.

Persons: —, Mary, Face's BLOOM, LLMs, ChatGPT, Jacqueline DeStefano Organizations: Service, Microsoft Locations: Asia, GPT

☆ Meta's unique approach to developing AI puzzles Wall Street, but techies love it
▼ + stars: | 2023-10-16 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +18 min

If the world's leading AI researchers use Llama, Meta could have an easier time hiring skilled technologists who understand the company's approach to development. Spisak helped oversee PyTorch and other open source AI projects when he worked at Meta from 2018 until January 2023. Although a number of open source LLMs are available, Lambert said Llama 2 is by far the most popular. "Facebook was not and that's sort of how they move forward and democratizing this, giving sort of broad access to open source. However, open source doesn't always win, and Padval acknowledged that "in this case, I don't know how it's going to evolve."

Persons: Mark Zuckerberg, Josh Edelson, Mark Zuckerberg's multibillion, Joseph Spisak, that's, Zuckerberg, Meta, Andrew Bosworth, Yann LeCun, isn't, Susan Li, Spisak, Cai GoGwilt, GoGwilt, OpenAI's, Ahmad Al, Dahle, he's, Jim Fan, Arjun Bansal, Jensen Huang, Nathan Lambert, Lambert, Critics, Umesh Padval, " Lambert, Nvidia's, Fan, Meta's, Taka Ariga, Ariga, Claude, Elon Musk, Tesla, Nur Hamdan, OpenAI's GPT, Sam Altman, Guido Appenzeller, Thomvest's Padval, Padval Organizations: Meta, AFP, Getty, Microsoft, Industry, Linux, Microsoft Windows, Facebook, Twitter, Finance, Google, AI Research, FAIR, Apple, Nvidia, Web Services, Thomvest Ventures, TC Cowen, United, United Arab Emirates, U.S, Government, AWS, Bloomberg, Amazon, VMware, Intel, Red Hat Locations: Menlo Park , California, Taiwan, United Arab, Washington, Elon, Hamadan, Seoul, South Korea

☆ Washington crowned a bunch of rich dudes the most important people in AI
▼ + stars: | 2023-08-31 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Sen. Chuck Schumer is hosting sessions to help lawmakers understand and shape future rules on AI. AdvertisementAdvertisementMeredith Whittaker, president of messaging app Signal and former director of AI think tank the AI Now Institute, posted on X: "This is the room you pull together when your staffers want pictures with tech industry AI celebrities. It's not the room you'd assemble when you want to better understand what AI is, how (and for whom) it functions, and what to do about it." This is the room you pull together when your staffers want pictures with tech industry AI celebrities. It's not the room you'd assemble when you want to better understand what AI is, how (and for whom) it functions, and what to do about it.

Persons: Sen, Chuck Schumer, Axios, Mark Zuckerberg —, Sam Altman, Sundar Pichai, Satya Nadella, Elon Musk, Mark Zuckerberg, Per, Maria Curi, Rumman Chowdhury, Deborah Raji, Tristan Harris, b9mJhW39NW — Maria Cristina Curi, OpenAI, Alex Karp, Jack Clark, Clement Delangue, Meredith Whittaker, It's, UM1EhFNb1H — Meredith Whittaker, Face's Delangue Organizations: Morning, Google, Microsoft, Mozilla, Center of Humane, Meta, Nvidia Locations: Washington

☆ Google, Amazon, Nvidia and other tech giants invest in AI startup Hugging Face, sending its valuation to $4.5 billion
▼ + stars: | 2023-08-24 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Hugging Face, an AI firm based in New York, has raised $235 million at a $4.5 billion valuation from some of technology's biggest companies. Hugging Face CEO Clement Delangue said the funds are to be focused on hiring talent to be competitive in the artificial intelligence space. He hopes that AI developers will rely on Hugging Face on a daily basis to get their work done. And if all of them use Hugging Face all day, every day, we'll obviously be in a good position," he said. Hugging Face hosts 500,000 different AI models, 250,000 data sets, and has 10,000 paying customers, the company said.

Persons: Clement Delangue, OpenAI, BLOOM, Delangue Organizations: Google, Nvidia, Salesforce, AMD, Intel, IBM, Qualcomm, Microsoft, Facebook, Meta, CNBC, IDEFICS Locations: New York

☆ AI startup Hugging Face valued at $4.5 bln in latest round of funding
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +1 min

Aug 24 (Reuters) - AI startup Hugging Face said on Thursday it was valued at $4.5 billion in a $235-million funding round backed by technology heavyweights, including Salesforce (CRM.N), Alphabet's (GOOGL.O) Google and Nvidia (NVDA.O). The latest round of funding outlines the rapidly growing adoption of artificial intelligence (AI), which has been hailed by many as the next frontier of technology and has attracted some of the biggest investors in Silicon Valley. Following the launch of OpenAI's popular chatbot ChatGPT, several AI startups like Microsoft-backed (MSFT.O) Inflection AI and Google-backed Runway have raised funds. Intel (INTC.O), Advanced Micro Devices (AMD.O), Qualcomm (QCOM.O), IBM (IBM.N), Amazon (AMZN.O) and Ashton Kutcher-backed venture capital firm Sound Ventures also participated in Hugging Face's latest funding round. "In five years, every tech company will be an AI company," Delangue added.

Persons: Ashton Kutcher, Face's, Clément Delangue, Delangue, Shubhendu Satish Deshmukh, Niket, Shweta Agarwal Organizations: Google, Nvidia, Microsoft, Intel, Devices, Qualcomm, IBM, Sound Ventures, Thomson Locations: Silicon Valley, Bengaluru

☆ Moon rover exits India's Chandrayaan-3 spacecraft to explore lunar surface
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

People watch a live stream of Chandrayaan-3 spacecraft's landing on the moon, inside an auditorium of Gujarat Science City in Ahmedabad, India, August 23, 2023. REUTERS/Amit Dave Acquire Licensing RightsNEW DELHI, Aug 24 (Reuters) - The moon rover of India's Chandrayaan-3 exited the spacecraft on Thursday morning to begin its exploration of the lunar surface, the country's space agency said on messaging platform X, formerly known as Twitter. the Indian Space Research Organisation (ISRO) said in its message. People across the country tuned in to watch the landing on Wednesday, with nearly 7 million people viewing the YouTube live stream alone. Chandrayaan-3 is expected to remain functional for two weeks, running a experiments including, a spectrometer analysis of the lunar surface's mineral composition.

Persons: Amit Dave, Russia's Luna, Sakshi Dayal, Tom Hogue, Christopher Cushing, Gerry Doyle Organizations: REUTERS, DELHI, Twitter, Rover, Indian Space Research Organisation, Thomson Locations: Gujarat Science City, Ahmedabad, India, Lander, Chandrayaan

☆ India's adorable, dog-sized moon rover is set to roll out any minute and collect the first samples of the lunar south pole ever
▼ + stars: | 2023-08-23 | by ( Sonam Sheth | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

India's moon rover could roll out any minute to collect the first-ever samples of the lunar south pole. It's set to collect the first samples ever of the lunar south pole. The Vikram lander is the first robot to successfully land on the lunar south pole. Inside, it carried the Pragyaan lunar rover, which rolls out and down to the ground on the ramp shown here. Indian Space Research OrganisationThe lunar south pole is thought to be the most water-rich region on the moon.

Persons: Vikram lander's, Robert Braun, Johns Hopkins, ILSA, Braun Organizations: Service, Indian Space Research Organization, New York Times, Exploration, Space Research Locations: Wall, Silicon, India, Mars, Russia, China

Brands fearful of right-wing backlash are discussing scaling back their Pride Month activities. Right-wing media personalities have declared a "war on woke," with The Daily Wire's Matt Walsh recently rallying his Twitter followers to "make 'pride' toxic for brands." This month, the LGBTQ+ dating app Taimi initiated an ad campaign that included billboards in states including Florida, Oklahoma, Texas, and others. Those billboards were largely on privately-owned farmland and most of the landowners rejected Taimi's ad campaign, many requesting "no nudity" in the images. The North Face, which debuted its "Summer of Pride" ad campaign starring drag queen Pattie Gonia late last month, is holding firm.

Persons: Bud Light, Matt Walsh, Ross Martin, Martin, Bud Light's, influencer Dylan Mulvaney, Hannah Lewman, Pattie Gonia, rightwing firebrands, Amy Luca, Media.Monks, Brian Stout, It's, We've, Dean Crutchfield, Crutchfield, Mark Borkowski, I've, Mekanism's, There's, Benjamin Cohen Organizations: Target, Daily, Brands, Partners, Gay and Lesbian Alliance, Defamation, Pink Locations: Florida , Oklahoma , Texas, Taimi's

☆ The North Face doubles down on 'Summer of Pride' campaign amid backlash from right-wingers
▼ + stars: | 2023-05-27 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Right-wingers are now targeting The North Face after the brand debuted its "Summer of Pride" collection. "Nature lets you be who you are," The North Face began its caption. According to Fox News, the collection initially included children's clothing, but The North Face later took the items down from the site after backlash. However, rainbow-themed kids apparel can be found on the site of sportswear retailers that carry North Face items, Fox reported. —Marjorie Taylor Greene 🇺🇸 (@mtgreenee) May 24, 2023Despite the alleged removal of kids clothing from its site, North Face defended its "Summer of Pride" campaign when asked to comment on the backlash.

☆ I'm an AI ethicist. I make sure the tech is safely deployed to the world, but I am not an oracle.
▼ + stars: | 2023-05-13 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Giada Pistilli, 31, is the principal ethicist at Hugging Face and helps ensure AI is safely deployed. Here is what Pistilli's job as an AI ethicist entails, as told to Insider's Aaron Mok. I'm a full-time AI ethicist making sure the tech is safely deployed to the world. I first approached Hugging Face to understand how I could help build Bloom, its large language model. For example, a journalist approached Hugging Face after he claimed one of his articles was plagiarized by the company's language model.

☆ Exclusive: Buzzy generative AI-powered search engine Perplexity AI taps NEA to lead funding round at a $150 million valuation
▼ + stars: | 2023-03-02 | by ( Stephanie Palazzolo | Ben Bergman | ) www.businessinsider.com time to read: +3 min

AI search engine startup Perplexity AI is raising a funding round led by NEA, Insider has learned. The deal aims to raise between $20 and $25 million at a $150 million post-money valuation, according to sources. The fundraise continues the trend of large rounds and valuations in the buzzy generative AI space. AI search engine startup Perplexity AI is in talks to raise a funding round led by NEA, according to three people with knowledge of the financing who were not authorized to speak publicly. Perplexity AI cofounder and CEO Aravind Srinivas declined to comment.

☆ Amazon Web Services pairs with Hugging Face to target AI developers
▼ + stars: | 2023-02-21 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Feb 21 (Reuters) - Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc (AMZN.O), on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to make it easier to carry out artificial intelligence work (AI) in Amazon's cloud. While new generative AI services like chat-based search engines from Microsoft Corp (MSFT.O) and Alphabet Inc's Google (GOOGL.O) have captured the public's imagination, tech companies such as AWS are also vying behind the scenes to supply the tools and services that software developers will need to weave similar technology into their own products. On Tuesday, AWS said it will work with Hugging Face, a New York-based company that has become a central place online where AI developers share open-source code and models. "For this product collaboration, we're dedicating significant engineering resources to build our shared products," Delangue told Reuters in interview. Reporting by Stephen Nellis in San Francisco Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ I asked ChatGPT about its carbon footprint, and for now, it's a mystery
▼ + stars: | 2023-02-14 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

ChatGPT said its carbon footprint depended on the energy use of its computers and servers. Concerns about ChatGPT's carbon footprint, which is likely small at the moment, could rise as more people turn to it for day-to-day search. For now, a lot of mystery surrounds the carbon footprint of AI, including ChatGPT. I asked the chatbot what its carbon footprint was, and its answer felt, well, human: It depends. "As an AI language model developed by OpenAI, I do not have a physical body or personal actions that generate carbon emissions," ChatGPT wrote.

☆ Astronauts explain why nobody has visited the moon in 50 years — and the reasons are depressing
▼ + stars: | 2022-12-14 | by ( Dave Mosher | Hilary Brueck | ) www.businessinsider.com time to read: +15 min

The last time a person visited the moon was in December 1972, during NASA's Apollo 17 mission. But those stays during the Apollo program didn't establish a lasting human presence on the moon. Researchers and entrepreneurs have long pushed for the creation of a crewed base on the moon — a lunar space station. But many astronauts and other experts suggest the biggest impediments to making new crewed moon missions a reality are banal and somewhat depressing. During NASA's Apollo program, 12 people landed on the moon.

☆ Microsoft raised the bar for Windows PCs with its Surface computers, despite low share after a decade
▼ + stars: | 2022-11-26 | by ( Jordan Novet | ) www.cnbc.com time to read: +14 min

In 2012, the Surface with Windows RT, later named Surface RT, was more than just a touchscreen slab like Apple's iPad. The inaugural Surface, the Surface RT running Windows RT, boasted clever physical attributes. Microsoft Surface with Windows 8 Pro Source: Microsoft.comIn 2013 Microsoft brought out the Surface RT's more expensive and more powerful sibling, the Surface Pro. He bought a Surface Pro 3 and then a Surface Pro 7. If someone buys the Surface Pro 7 for a good price, he'll upgrade to the Surface Pro 9, which has a larger display.

☆ Ukraine looks to technology to help rebuild its economy amid Russia’s onslaught
▼ + stars: | 2022-11-07 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

An attendee passes by the Ukraine stand at the Web Summit 2022 tech conference in Lisbon, Portugal. Ukraine had a notable presence at Web Summit, where it sought support from the global tech community to bolster its fight against Russia. In 2021, Ukraine had a small booth at Web Summit, Krasovsky said. Ukraine Vice Prime Minister Mykhailo Fedorov (right) and First Lady Olena Zelenska (center) attend the Ukraine booth at Web Summit 2022. SID Venture Partners, a venture fund set up by Sigma and fellow Ukrainian tech firms Ideasoft and Datrics, has so far invested in 10 startups with Ukrainian founders, Krasovsky said.

☆ A financial planner says the best way to save for retirement depends on your answers to 2 questions
▼ + stars: | 2019-05-01 | by ( Caroline Lupini | Freelance Reporter | ) www.businessinsider.com time to read: +5 min

The best way to save for retirement depends on a few different things, says one financial planner. And if you don't have an emergency fund, you'll need to prioritize that first before focusing on your retirement savings. Retirement savings depend on compound interest to grow over time, so generally, you want to leave any funds in retirement accounts untouched until retirement age. A Roth IRA also isn't an option for everyone, since there are income limits for the people who can contribute. "Whether to invest in a Roth IRA or not will depend on your tax bracket and retirement plan at work," he said.

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