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☆ Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
▼ + stars: | 2024-02-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +11 min

Jason Redmond | AFP | Getty ImagesWhen Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Many tech industry analysts and investors would say that, thanks largely to Nadella, Microsoft is now set up to be a powerhouse for the foreseeable future. In a 2020 interview, Pat Gelsinger, then CEO of VMware, said offering his company's software on Microsoft's Azure cloud was akin to a "Middle East peace treaty." Nadella is perhaps best known in the tech industry for pushing Microsoft deeper into cloud computing. While some in the younger generations have Microsoft software at work, it's not necessarily what they grew up using and may not be what they prefer.

Persons: Satya Nadella, Bing, Jason Redmond, Steve Ballmer, Aravind Srinivas, Jeff Bezos, Nadella, Aaron Levie, Levie, Larry Ellison, David Paul Morris, Pat Gelsinger, Michael Nathan, Nathan, he'd, He's, Nat Friedman, Friedman, Kevork Djansezian, Ballmer, Kevin Dallas, I've, Dallas, it's, Gen Z, OpenAI's, Commission's Lina Khan, Sam Altman, Altman, OpenAI isn't, hasn't, Jefferies Organizations: Microsoft, AFP, Getty, Apple, Google, Amazon, Oracle Corp, Oracle, Bloomberg, VMware, Intel, Linux, Ballmer, Los Angeles Clippers, Microsoft Corp, Nokia, Activision Blizzard, Adobe, Activision, Federal, U.S . Justice Department, CNBC Locations: Redmond , Washington, San Francisco, Microsoft's, Silicon Valley, Los Angeles , California, U.S, Europe

☆ After big tech layoffs, Silicon Valley may have lost its monopoly on workers
▼ + stars: | 2024-01-14 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

According to Dice's 2023 Tech Sentiment Report, 60% of tech workers in general are interested in leaving their jobs in 2024, which is up from 52% the year prior. According to Art Zeile, CEO of tech careers marketplace Dice, tech workers are most in demand in the aerospace, consulting, health care, financial services and education industries. Zeile says it's in spaces like these — non-tech enterprises with major tech branches — that tech workers can find better work-life balance and more stability than the tech leaders can provide. In corporate America outside of big tech, he said, "There is more of a dedication to making sure that the project gets fulfilled." Tech job growth geographicallyUltimately, Zeile says recent layoffs have induced a jarring disruption in two decades of growth in big tech.

Persons: Justin Sullivan, Jeff Spector, Spector, I'm, CBRE, Art Zeile, Zeile Organizations: Google, Tech, Meta, Microsoft, MGM Studios Locations: Mountain View , California, Silicon Valley, Seattle, America, India

☆ GitHub execs say coders are rushing to use its AI coding tool despite copyright concerns
▼ + stars: | 2023-12-19 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +7 min

Last month, the company launched new updates to Copilot Chat, a chat function that can help developers troubleshoot bugs or answer coding questions. Copyright risksIn September, Microsoft announced a policy that it would provide indemnification coverage to copyright claims related to its AI-powered Copilot tools, including GitHub Copilot. If customers don't want their code included in training sets for AI, they can make their GitHub code bases private. "That's part of listening to the community and trying to understand the feedback and how can we help," McKinley said. "Others are experimenting with AI," Shani said.

Persons: GitHub, GitHub's, Shelley McKinley, McKinley, Inbal Shani, Shani, GitHub McKinley, she's, OpenAI, we've, We're Organizations: Business, Microsoft, Northern Locations: GitHub, Northern California

☆ How a violent 1800s uprising against machines could foreshadow our future with AI
▼ + stars: | 2023-12-05 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

AdvertisementI asked Merchant for his perspective on how history informs how we should think about AI and labor. AdvertisementTake the clothworkers: skilled weavers made really high quality cloth and framework knitters made stockings that were nice and durable. Just about everyone loses except the factory owners, who profit from churning out more shoddily made stuff at a rate that the skilled workers can't compete with. AdvertisementBased on your understanding of history, what are the chances that AI helps people by lowering the gap between lower skilled and higher skilled workers? Now, as then, the vast, vast majority of the time, AI absolutely cannot replicate a good writer or worker's output.

Persons: —, Insider's Aki Ito, Brian Merchant, Merchant, Aki Ito, Aki, coders, Ian, it's Organizations: Big Tech, Service Locations: England

☆ The world is splitting between those who use ChatGPT to get better, smarter, richer — and everyone else
▼ + stars: | 2023-12-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

There is growing evidence that artificial intelligence tools such as ChatGPT can make you more efficient and capable at work. And the effect will be particularly noticeable if no one else in the company is using AI in this way. All said that outsourcing time-consuming, small jobs to AI tools freed up their time. AI at work still needs careful handlingThere are obvious caveats to using AI to do your work for you. Some companies also have specific rules for AI tools due to fears around copyright or data security.

Persons: ChatGPT, —, OpenAI's, techies, Google's, Matt Calkins, Appian, It's, Shakespeare, Shona Ghosh Organizations: Service, Harvard Business School, Boston Consulting, Developers, Microsoft, Workers

☆ AI startups struggle to not become OpenAI's 'roadkill:' 'When you step on the court with Jordan, you don't try to beat him at his game'
▼ + stars: | 2023-11-17 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +3 min

More than 300 AI founders and investors gathered earlier this week in San Francisco's Hayes Valley neighborhood for the 2nd Cerebral Valley AI Summit, co-hosted by the independent journalist Eric Newcomer and AI gaming startup Volley. Some called it an " extinction event for other AI startups ." "OpenAI can bully everyone, they can bully the talent, they can bully the competition, they can bully the term sheets. "When you step on the court with Jordan, you don't try to beat him at his game. During his panel, Warner was asked about those who took to social network X, formerly Twitter, to proclaim the death of nascent AI startups.

Persons: Eric Newcomer, —, OpenAI, Alex Pall, That's, they're, Andrew Hoh, Reid Hoffman, Hoffman, Vinod Khosla, Khosla, Jason Warner, Warner, it's, He's, he's, Poolside, Jordan Organizations: Summit, Business, Mantis Venture Capital, Microsoft Locations: San Francisco's Hayes, Paris

☆ Microsoft's GitHub announces Copilot assistant that can learn about companies' private code
▼ + stars: | 2023-11-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Microsoft -owned GitHub on Wednesday introduced a more expensive Copilot assistant for developers inside companies that can explain and provide recommendations about internal source code. Last month Microsoft CEO Satya Nadella told analysts on a conference call that GitHub Copilot had accumulated 1 million paid users. The new GitHub Copilot Enterprise will cost more than double the business offering, at $39 per person per month. On GitHub's website, people with Copilot Enterprise licenses can choose repositories to fine-tune Copilot on proprietary code. From there, they can ask GitHub's Copilot chatbot about elements of existing code and suggest lines of code in development environments.

Persons: Thomas Dohmke, GitHub, Satya Nadella, GitHub Copilot, GitHub's, Stephen O'Grady, Amazon's CodeWhisperer, Dohmke, Gartner, Copilot, O'Grady, Piper Sandler Organizations: Microsoft, Amazon, Services, CNBC, Copilot Enterprise, Google, Gartner, Enterprise, Piper, Copilot Locations: Toronto, San Francisco

☆ A top AI expert says most outsourced coders in India will be out of a job in 2 years thanks to the technology
▼ + stars: | 2023-07-18 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

Stability AI CEO Emad Mostaque thinks AI will eliminate most outsourced coding jobs in India. AI will soon eliminate most outsourced coding jobs in India as the technology will drastically reduce the need for them, according to a leading AI expert. Tech jobs are one of the professions most likely to be replaced by AI, Insider's Aaron Mok and Jacob Zinkula previously reported. GitHub's CEO Thomas Dohnke told Computer Weekly last year that AI could help developers be more productive. Additionally, workers with AI skills stand to gain as the tech industry is placing a greater focus on talent in this area, Insider's Thomas Maxwell reported.

Persons: Emad Mostaque, you'll, Mostaque —, Insider's Aaron Mok, Jacob Zinkula, Thomas Dohnke, Insider's Thomas Maxwell Organizations: Morning, UBS, CNBC, Bloomberg, Computer Locations: India, France

Unlike past tech booms that have touched San Francisco, the generative AI craze brings fewer jobs, because AI firms excel at staying lean and automating work. "I think we should curb our optimism that San Francisco commercial real estate will bounce back because of AI," said Silicon Valley investor Jeremiah Owyang. Eleven of the country's top 20 AI companies are in San Francisco and have raised $15.7 billion collectively between 2008 and 2023. That amount is just 2.3% of the estimated 150,000 daily workers that downtown San Francisco lost during the pandemic. Reporting by Anna Tong in San Francisco; Editing by Sayantani Ghosh, Anna Driver and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Barria, San, Jeremiah Owyang, Erin Price, Wright, OpenAI, Matt Schlicht, Mike Grabowski, Grabowski, Owyang, Lee Edwards, Daron Acemoglu, Anna Tong, Sayantani Ghosh, Anna Driver, Matthew Lewis Organizations: Intelligence, REUTERS, FRANCISCO, Reuters, Francisco, San Francisco Mayor London Breed's, San, Microsoft, Octane, Google, Nordstrom, Massachusetts Institute of Technology, Thomson Locations: San Francisco, California, U.S, Valley, NFX, Dubai

☆ 10 Things in Tech: Low morale at Microsoft
▼ + stars: | 2023-06-21 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +5 min

Morale appears to be low at Microsoft. According to internal messages, those changes were another blow to morale, after Microsoft announced it was laying off 10,000 staff in January. In other news:The AGI House is the Bay Area's hottest AI hacker house, hosting dinners, hackathons, and fireside chats on a weekly basis. Founders and VCs are clamoring to get into a $68 million AI hacker house. AGI House, an 18,000 square foot Hillsborough mansion, serves as a hacker house and community hub for the Bay's exploding AI scene.

Persons: Hallam Bullock, Satya Nadella, Kathleen Hogan, Stephanie Palazzolo, ElevenLabs, Andreessen Horowitz, Wharton, Eddie Wu, Daniel Zhang, Wu, Meta, Ashley Flowers, Jordan Pettitt, Shona Ghosh Organizations: CBS, US Coast Guard, Microsoft, Workers, Tmall, Getty Locations: London

☆ Hot AI startup ElevenLabs confirms it's raised $19 million from Andreessen Horowitz and GitHub's former CEO
▼ + stars: | 2023-06-20 | by ( Riddhi Kanetkar | Callum Burroughs | ) www.businessinsider.com time to read: +2 min

AI company ElevenLabs has raised $19 million in fresh funding, confirming earlier Insider reporting. Year-old AI voice startup ElevenLabs has raised $19 million in early-stage funding, as venture capital investors rush to back firms in generative AI. Cofounder and CEO Mati Staniszewski previously told Insider that the startup saw huge potential in the publishing and audiobooks sector. Since launching its beta platform in January 2023, the startup says it has hit 1 million users and generated over 10 years of audio content. Credo Ventures and Concept Ventures, which backed the startup's $2 million pre-seed round, also joined the new round.

Persons: ElevenLabs, Andreessen Horowitz, Nat Friedman, Daniel Gross, Mike Krieger, Mustafa Suleyman, Brendan Iribe, Mati Staniszewski, Staniszewski Organizations: Venture, Ventures, Concept Ventures Locations: London, New York

☆ Apple restricts use of OpenAI's ChatGPT for employees -WSJ
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - Apple Inc (AAPL.O) has restricted the use of ChatGPT and other external artificial intelligence tools for its employees as Apple develops similar technology, the Wall Street Journal reported on Thursday, citing a document and sources. Last month, OpenAI, the creator of ChatGPT, said it had introduced an "incognito mode" for ChatGPT that does not save users’ conversation history or use it to improve its artificial intelligence. Scrutiny has been growing over how ChatGPT and other chatbots it inspired manage hundreds of millions of users’ data, commonly used to improve, or "train," AI. Earlier Thursday, OpenAI introduced the ChatGPT app for Apple's iOS in the United States. Apple, OpenAI and Microsoft did not respond to Reuters request for comment.

Text-to-image tools like OpenAI's DALL-E, Midjourney, Stable Diffusion, and DreamUp can render images in various styles in seconds with a few words of direction. Now those purchasers can use the artist's work without compensating the artist at all," the class-action court filing against Stable Diffusion states. Stable Diffusion did not provide a comment by press time. Companies are selling AI-generated prints and Stable Diffusion can learn to copy an artist's style within hours. Given how new generative AI is, it's not surprising the legal system has yet to catch up.

☆ Amazon just asked its software engineers to start using a new in-house AI tool, rather than ChatGPT
▼ + stars: | 2023-03-16 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

Amazon CEO Andy Jassy told employees last month that generative AI is a "significant area of focus" for the company. Amazon wants its engineers to start using its own ChatGPT-like artificial intelligence tool at work, as it looks to catch up in the AI chatbot space, Insider has learned. "Amazon CodeWhisperer is an AI-powered coding assistant that provides real-time recommendations in your IDE based on your existing code and comments," the email, titled "Start using Amazon CodeWhisperer today," said. The move signals Amazon's behind-the-scenes efforts to join the AI chatbot race, where it has been noticeably absent in the public space. He also said Amazon's investment in this space will only increase, highlighting the maturation of generative AI, which powers many of the AI chatbots.

☆ Microsoft is the market's top software stock because OpenAI offerings like ChatGPT will juice profits over the next 5-plus years, Credit Suisse says
▼ + stars: | 2023-03-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Microsoft is the market's top software stock, thanks to its investment in ChatGPT, Credit Suisse said. That could add $40 billion in revenue and $2 in EPS over the next 5-plus years, analysts predicted. The expanded partnership spurred a steep rally in Microsoft stock last month, with the company's market capitalization jumping back to $2 trillion. Credit Suisse analysts predicted Microsoft could gain $40 billion in revenue and $2 in earnings per share over the next five-plus years. Microsoft poured $10 billion in its investment earlier this year, on top of an existing $1 billion.

☆ Forget ChatGPT, the AI Revolution Is Coming to Fix Your Email Inbox
▼ + stars: | 2023-03-06 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +11 min

Like any tech, AI tools can run into bugs. On many occasions, Shortwave's summary tool refused to produce more than a sentence or two, leaving it no more useful than the subject line. A more-pressing concern for me, however, is what the presence of AI in email would mean for privacy. Because tech like ChatGPT collects and processes far more data than previous AI tools, Conitzer expects it to be regulated for not only privacy but also systemic biases. And if Shortwave's AI tool is any indication, I'm convinced it's our future.

☆ Microsoft's landmark deal with OpenAI shows that ChatGPT is going to be the defining technology of 2023
▼ + stars: | 2023-02-02 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +7 min

It remains to be seen how generative AI will transform our lives, but the tech is here to stay. In 2022, investors put at least $1.37 billion into generative AI startups, usually at the seed stage. Why this iteration of ChatGPT made generative AI so popular right nowIt's important to note that nothing about ChatGPT or generative AI is especially new or novel. In other words, OpenAI's real innovation was taking AI technology that was already out there and making it something that was easy and accessible to anybody. That's one reason why there will be a lot more business uses for generative AI technology than consumer use cases in the near term, said Mark Shmulik, a Bernstein analyst.

☆ Google has a secret new project that is teaching artificial intelligence to write and fix code. It could reduce the need for human engineers in the future.
▼ + stars: | 2022-11-23 | by ( Hugh Langley | ) www.businessinsider.com time to read: +4 min

Google is working on a tool that teaches code to write and rewrite itself. The project was spun up at the company's moonshot unit X, and moved into Google Labs this year. Google is working on a secretive project that uses machine learning to train code to write, fix, and update itself. It could have profound implications for the company's future and developers who write code. Google Labs pursues long-term bets, including projects in virtual and augmented reality.

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