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Top related persons:
Herman Narula - 4 Narula - 3 Keir Starmer's - 1 King Charles III - 1 doesn't - 1 Starmer's - 1 Matt Calkins - 1 Appian - 1
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CNBC - 3 Microsoft - 2 Google - 2 Tech - 2 Future Publishing - 1 Labour - 1 European Union - 1 Conservative - 1

Search resuls for: "Herman Narula"


5 mentions found


☆ Britain's Labour faces an uphill battle as it looks to rein in AI's key players
  + stars: | 2024-07-19 | by ( Ryan Browne | ) www.cnbc.com   time to read: +8 min
By taking aim at the most powerful AI models, Labour would impose tighter restrictions on companies such as OpenAI, Microsoft , Google , Amazon , and AI startups including Anthropic, Cohere and Mistral. Matthew Houlihan, senior director of government affairs at Cisco, said any AI rules would need to be "centered on a thoughtful, risk-based approach." Even so, a U.K. AI law would be a step above the U.S., which currently doesn't have federal AI legislation of any kind. Sirion's Liu said one thing he's hoping the government doesn't do, is restrict open-source AI models. Herman Narula, CEO of metaverse venture builder Improbable, agreed that restricting open-source AI innovation would be a bad idea.
Persons: Keir Starmer's, King Charles III, doesn't, Starmer's, Matt Calkins, Appian, Lewis Liu, Liu, Rishi Sunak, Peter Kyle, Kyle, Zahra Bahrololoumi, Matthew Houlihan, Bill, Chris Holmes, Holmes, Matthew Holman, Cripps, Holman, Sirion's Liu, Herman Narula, Narula Organizations: Future Publishing, Labour, European Union, Microsoft, Google, CNBC, Conservative, BBC, AI Safety Institute, Cisco, Authority, EU, AI Safety, Tech, London Tech Week Locations: Jiangsu province, China, Ireland, Salesforce, U.S
☆ CNBC Daily Open: Thinking about tech
  + stars: | 2023-09-27 | by ( Clement Tan | ) www.cnbc.com   time to read: +4 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Alibaba unit IPO Alibaba plans to list its logistics unit Cainiao in Hong Kong, the Chinese e-commerce giant said in a regulatory filing on Tuesday. It's the first to announce listing plans among the six business units as a result of one of the most radical shake-ups in Alibaba's history . The company split its structure into six business units, and hopes most of them will be able to raise outside funds and go public.
Persons: Rene Haas, It's, Dimon, — Dimon, it's, Jerome Powell, Jamie Dimon, Neel Kashkari, Herman Narula, Narula, Alibaba Organizations: Arm, Nasdaq, CNBC, TV18, Dow Jones, Dow, Financial, Treasury, Federal, JPMorgan Chase, Minneapolis Federal, Tech Locations: New York City, Hong Kong, Ukraine, America, China, India, U.S, Minneapolis
☆ SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
  + stars: | 2023-09-26 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
Herman Narula, co-founder and CEO at Improbable, speaks during a session at the Web Summit in Lisbon. Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company pivot its focus to powering new "metaverse" experiences. Improbable CEO Herman Narula said the company had reported its "best financial year" on record which reflected how its bet on the metaverse had paid off. Improbable said that part of the reason behind the company's reduction in losses was a dramatic reduction in the cost of running mass-scale virtual events. The year also saw Improbable divest two of its games studios, Inflexion Games and Midwinter Entertainment, and sell off a business unit focused on servicing defense clients.
Persons: Herman Narula, Critics, Andreessen Horowitz Organizations: Inflexion, Midwinter Entertainment, Companies House Locations: Lisbon, British
☆ SoftBank-backed startup Improbable outlines plan for metaverse to rival Microsoft, Meta
  + stars: | 2023-06-16 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
MSquared, which is a separate business entity from Improbable, raised $150 million from investors last year. "The purpose of the metaverse is to enable new interactive entertainment experiences," Herman Narula, Improbable's co-founder and CEO, told CNBC. Entities will be able to build metaverse experiences using Improbable's Morpheus technology, which is designed to host mass-scale multiplayer online games, Improbable said. What Improbable is buildingImprobable said there will be four categories of participants that take part in MSquared: metaverse owners, content creators, service providers and users. WATCH: SoftBank-backed startup Improbable launches MSquared metaverse
Persons: Herman Narula, Improbable's, Narula Organizations: Meta, Microsoft, Google, Nvidia, Netflix, Developers, CNBC, Yuga Locations: Lisbon, British, MSquared
☆ Two Insiders Debate the Metaverse
  + stars: | 2022-10-30 | by ( ) www.wsj.com   time to read: 1 min
Phil Libin, center, and Herman Narula, right, discuss the metaverse at the WSJ Tech Live conference. The metaverse is struggling to live up to the megahype. The concept blasted off when Facebook changed its name to Meta Platforms Inc. and announced a new focus for its business: building an immersive, virtual-reality metaverse called Horizon Worlds. Like other metaverse products, the idea is to create an online community where users can interact in avatar form, hanging out, playing games, working, shopping and performing other activities.
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