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☆ Asking this 1 question can get people to trust you, says bestselling author: It’s ‘such a common misunderstanding’
▼ + stars: | 2024-10-06 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Bestselling author and leadership expert Simon Sinek recommends asking one simple question to help people trust you: Can you help me out? Think about the last time a friend of yours needed advice or guidance, but never asked you for it. Trust is built when a person still makes an effort to ask for help, even when they don't want to, Sinek said. They see vulnerability as a strength and a means to build deeper connections," Woo wrote for CNBC Make It in July. "Try to create this team of helpers, so that asking for help later on when you really need it isn't such a big deal," Bouchard said.

Persons: Simon Sinek, Sinek, Trevor Noah, Haven't, I've, Jenny Woo, Woo, M, Nora Bouchard, Bouchard, " Bouchard, Get Organizations: CNBC

☆ Apple iPhones aren't coming with AI software. Here's why it doesn't matter.
▼ + stars: | 2024-09-21 | by ( Lloyd Lee | Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

Apple Intelligence, the AI feature analysts believe will spark a consumer rush to update their iPhones, Business Insider previously reported, was not installed in the new iPhones straight out of the box. AdvertisementDespite the lines, the data shows that preorder sales took a hit this year — possibly due to the absence of Apple Intelligence. The average global shipping time for the iPhone 16 was 7 days compared to 9 days for the iPhone 15. Shipping times for the 16 Pro Max were 11 days compared to 19 days for the 15 Pro Max. The level of draw Apple Intelligence will have on customers is also in question.

Persons: —, Siri, Ron Witt, Witt, It's, Saul Campos, Campos, Tim Cook, it's, Mark Gurman, Chi Kuo, Kuo, Max, Gil Luria, Davidson, Techradar, Apple Organizations: Service, Apple, Apple Intelligence, Business, Apple's, CNBC, Reuters, Shipping, D.A, Consumer Intelligence Research Partners Locations: San Francisco, New York, Manhattan

☆ Apple relies on carriers to drive iPhone sales. What to expect this upgrade cycle
▼ + stars: | 2024-09-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Among the offers at AT & T for new and existing customers: a free iPhone 16 or up to $830 off the iPhone 16 Plus if they meet a few eligibility requirements. Apple's list price for the Phone 16 and iPhone 16 Plus start at $799 and $899, respectively. Now consider that despite inflation, Apple left the prices of iPhone 16 models the same as the prior generation while adding AI capabilities and improved battery life, among others. "All of these things will be incremental, just enough to eventually convince millions" to upgrade their devices, Jim said. Apple CEO Tim Cook delivers remarks before the start of an Apple event at Apple headquarters on September 09, 2024 in Cupertino, California.

Persons: –, Max, Jim Cramer, Tim Cook, Cook, Bernstein, John Stankey, Stankey, aren't, Jim, Jeff Marks, Jim Cramer's, Justin Sullivan Organizations: Verizon, Mobile, Apple, Consumer Intelligence Research Partners, UBS, CNBC, Club, Markets, Apple Intelligence, Barclays Locations: U.S, China, Europe, Cupertino , California

☆ Sequoia invests in Reflection AI, a startup founded by Google DeepMind alum, at $100 million valuation, sources say
▼ + stars: | 2024-08-07 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +4 min

Read previewReflection AI, a startup building AI agents, has raised new funding at a $100 million valuation, Business Insider has learned. AI agents promise to execute difficult tasks, like booking an appointment or updating Salesforce. Laskin conducted AI research at the Berkeley Artificial Intelligence Research Lab and most recently worked at Google DeepMind, the company's AI research lab. AdvertisementReflection isn't the only startup building AI agents. In June, Amazon hired away the cofounders of AI agent startup Adept, which raised more than $400 million in funding, and licensed its technology, reported GeekWire.

Persons: —, cofounders, Misha Laskin, Ioannis Antonoglou, DeepMind, Laskin, Anthropic's Claude, OpenAI's, Antonoglou, Ioannis Organizations: Service, Sequoia Capital, Sequoia, Business, Berkeley Artificial Intelligence, Google, Amazon Locations: DeepMind

☆ CNBC Daily Open: Fed signals possible rate cut; Wall Street soars; oil gains as Middle East tensions rise
▼ + stars: | 2024-08-01 | by ( Kevin Lim | ) www.cnbc.com time to read: +3 min

Rate cut on horizonThe Federal Reserve expectedly kept its benchmark rate steady at 5.25% to 5.50% on Wednesday, but Chairman Jerome Powell signaled the U.S. central bank could cut the rate in its September meeting. U.S. stocks rallyU.S. stocks jumped after Powell said a rate cut in September was "on the table." Oil gainsU.S. crude oil futures rose 4% on Wednesday after Hamas political leader Ismail Haniyeh was assassinated in Tehran. Japan currency interventionJapanese authorities spent 5.53 trillion yen, or $36.8 billion, to support the yen in July, official data showed. [PRO] Rate cut beneficiariesCNBC Pro screened for stocks in the S&P 500 that tend to rise the most when short-term rates start to decline.

Persons: expectedly, Jerome Powell, Powell, Ismail Haniyeh, Israel, Oil Organizations: CNBC, Nasdaq, Dow Jones, Nvidia, Devices, Boeing, Treasury, Facebook, Google, Meta, Oil, West Texas Intermediate, U.S Locations: U.S, Tehran, Iran, Israel, Beirut, Japan

☆ CNBC Daily Open: Fed signals rate cut; U.S. stocks soar; oil gains as Middle East tensions rise
▼ + stars: | 2024-08-01 | by ( Kevin Lim | ) www.cnbc.com time to read: +3 min

Rate cut on horizonThe Federal Reserve expectedly kept its benchmark rate steady at 5.25% to 5.50% on Wednesday, but Chairman Jerome Powell signaled the U.S. central bank could cut the rate in its September meeting. U.S. stocks rallyU.S. stocks jumped after Powell said a rate cut in September was "on the table." Oil gainsU.S. crude oil futures rose 4% on Wednesday after Hamas political leader Ismail Haniyeh was assassinated in Tehran. Asian stocks mixedAsian markets were mixed on Thursday with Japan stocks tumbling while Australia's S&P/ASX 200 touched a new all-time high. [PRO] Rate cut beneficiariesCNBC Pro screened for stocks in the S&P 500 that tend to rise the most when short-term rates start to decline.

Persons: expectedly, Jerome Powell, Powell, Ismail Haniyeh, Israel, Oil Organizations: New York Stock Exchange, Wall, CNBC, Nasdaq, Dow Jones, Nvidia, Devices, Boeing, Treasury, Facebook, Google, Meta, Oil, West Texas Intermediate, Nikkei, Developers, Bank of, Singapore Airlines, U.S Locations: New York City, U.S, Tehran, Iran, Israel, Beirut, Japan, Shanghai

☆ Alphabet moves past early stumbles in AI to deliver positive story to investors
▼ + stars: | 2024-07-23 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Strong numbers in the company's search and cloud businesses more than offset the slight misses in the YouTube and network units. Cloud recorded a couple of big firsts: exceeding $10 billion in revenue, along with $1 billion in operating income. Whereas investors were — and many still are — concerned about what generative AI might mean for Alphabet's search revenue, the opposite appears to be the case, at least for now. Google Cloud revenue grew roughly 28% to more than $10 billion for the first time. Strong numbers in the company's search and cloud businesses more than offset the slight misses in the YouTube and network units.

Persons: we're, capex, Sundar Pichai, Pichai, Philipp Schindler, Schindler, Ruth Porat, Eli Lilly, Anat Ashkenazi, Jim Cramer's, Jim Cramer, Jim, Loren Elliott Organizations: YouTube, Microsoft, Club, Nvidia, Lens, CTV, Nielsen, Google, buybacks, CNBC, Government, Society, Calif, Bloomberg, Getty, Meta Locations: That's, U.S, Stanford

☆ A.I. Can Write Poetry, but It Struggles With Math
▼ + stars: | 2024-07-23 | by ( Steve Lohr | ) www.nytimes.com time to read: +1 min

But curiously, these learners — artificially intelligent chatbots — often struggle with math. Chatbots like Open AI’s ChatGPT can write poetry, summarize books and answer questions, often with human-level fluency. These systems can do math, based on what they have learned, but the results can vary and be wrong. chatbots have difficulty with math because they were never designed to do it,” said Kristian Hammond, a computer science professor and artificial intelligence researcher at Northwestern University. The world’s smartest computer scientists, it seems, have created artificial intelligence that is more liberal arts major than numbers whiz.

Persons: ”, Kristian Hammond Organizations: Northwestern University

☆ Amazon really wants you to join the family this Prime Day
▼ + stars: | 2024-07-02 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Read previewAmazon Prime Day is approaching, and as usual, the online retailer is offering a slew of specials for customers during the two-day shopping extravaganza. It also wants you to sign up (and pay for) Amazon Prime at $14.99 a month — and possibly a whole host of other Amazon subscriptions. (The Amazon Fire HD 10 tablet is 46% off this Prime Day, down from $139.99 to $74.99.) "We sell a lot of devices during our Prime Day events," CFO Brian Olsavsky said on an earnings call after Prime Day 2022. AdvertisementFor those with a Prime subscription, Prime Day represents "the new Black Friday," Bartlow said.

Persons: —, gunning, Jeremy Bartlow, haven't, Bartlow, that's, Amazon's, Brian Olsavsky Organizations: Service, Amazon, Business, Consumer Intelligence Research Partners, PA Consulting, Whole Foods, Amazon Music, Kindle, Amazon's Alexa, Big Tech, Apple, US Department of Justice, Microsoft, Walmart, Target

"We're like the engine room of the company," Hassabis told CNBC, speaking about his newly integrated AI unit within Google. Last month, Alphabet CEO Sundar Pichai merged Hassabis' DeepMind with Google Brain, a separate AI team, and selected Hassabis to lead the group. DeepMind CEO Demis Hassabis at a 2017 event in China. During his career at DeepMind and then at Google, Hassabis dominated the field of AI. Microsoft CEO Satya Nadella (R) speaks as OpenAI CEO Sam Altman (L) looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023.

Persons: He's, Hassabis, Sundar Pichai, It's, Demis Hassabis, Geoffrey Hinton, Hinton, DeepMind, Elon Musk, OpenAI, Satya Nadella, Sam Altman, Justin Sullivan, Critics, they've, ChatGPT, AlphaFold, Eli Lilly Organizations: Google, CNBC, Microsoft, Elixir Studios, Hassabis, Washington Post, Employees, Novartis, TED Locations: China, DeepMind, San Francisco, ChatGPT, LLMs

☆ This is what one of Facebook's first employees says he learned working for Mark Zuckerberg before getting fired 9 months in
▼ + stars: | 2024-05-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewNoah Kagan, an early Facebook employee, may have worked for Mark Zuckerberg for only nine months, but he says the brief stint taught him a lot about Zuckerberg's management style. Then I got fired," Kagan wrote in an X post on Tuesday before launching into what he said were the "10 non-obvious lessons" he picked up from Zuckerberg. Kagan joined Facebook as a product manager in 2005, the same year Zuckerberg dropped out of Harvard University to run the company full time. Representatives for Kagan and Zuckerberg didn't immediately respond to a request for comment from Business Insider sent outside regular business hours. Zuckerberg told employees in January 2023: "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work."

Persons: —, Noah Kagan, Mark Zuckerberg, Kagan, Zuckerberg, uPGrc5aq6V — Noah Kagan, Mark, he's, Zuckerberg didn't, Meta Organizations: Service, Facebook, Zuckerberg, Business, Harvard University, Harvard, LinkedIn, Business Insider, Meta

☆ Apple remains Buffett's biggest public stock holding, but his thesis about its moat faces questions
▼ + stars: | 2024-05-03 | by ( Kif Leswing | ) www.cnbc.com time to read: +9 min

That's about four times bigger than Berkshire's second-biggest public stock holding, Bank of America , and makes the company the No. The bet on Apple and CEO Tim Cook has paid off handsomely for Buffett, who said in 2022 that the cost of Berkshire's Apple stake was only $31 billion. "So I called up Warren Buffett. "It's kind of more like an annuity and I think that's what Warren Buffett really sees as well." "When I buy Apple, I know that Apple is going to repurchase a lot of shares," he said in 2018.

Persons: Tim Cook, Warren Buffett, Berkshire Hathaway, behemoth, Buffett, He's, Cook, Apple, Warren, Ted Weschler, it's, Dan Eye, Buffett hasn't, Bernstein, Toni Sacconaghi didn't, Sacconaghi, Clayton Organizations: Warren Buffett Getty, CNBC, Berkshire, Apple, Bank of America, Buffett, Consumer Intelligence Research Partners, iPhone, Washington Post, Oracle, Fort Pitt Capital Group, Microsoft, The, Apple Watch, DOJ, Clayton Homes Locations: Omaha , Nebraska, Berkshire, Omaha, Cupertino , California, U.S

☆ We're boosting our price target on Alphabet by $30 after it delivered the quarter we've been waiting for
▼ + stars: | 2024-04-25 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Alphabet on Thursday delivered a knockout first-quarter report, with sales, operating margin and profits all topping Wall Street expectations. Alphabet Why we own it : Alphabet's Google Search is an invaluable tool for advertisers. Alphabet's big three watch items for investors — Search, YouTube, and Google Cloud — all delivered better-than-expected revenues in the quarter, leading to companywide sales topping estimates. It exited the quarter with $108 billion in cash, cash equivalents and marketable securities on its balance sheet, compared with $110.9 billion at the end of 2023. At 20 cents a share, Alphabet's dividend yield stands at 0.51% based on Thursday's close.

Persons: we've, It's, Sundar Pichai, Ruth Porat, TikTok, Philipp Schindler, Pichai, Porat, we're, Alphabet's, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: YouTube, Microsoft, Management, —, Google, Google Services, Capital, buybacks, Meta, Apple, CNBC, O, Bloomberg, Getty Locations: That's, Mountain View , California

☆ Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says
▼ + stars: | 2024-04-22 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The US may already be in a recession, according to Danielle DiMartino Booth. A steady rise in the unemployment rate above cycle lows signals a recession, she said. Other forecasters have said the unemployment rate could reach 5% by year-end. AdvertisementThe US could see a rise in layoffs, and there's one indicator in the labor market that suggests a recession is already here, according to veteran market forecaster Danielle DiMartino Booth. The Quill Intelligence Research chief strategist pointed to worrying signs in the labor market, despite headline job growth remaining strong.

Persons: Danielle DiMartino Booth, — Organizations: Service, Quill Intelligence Research, Business Locations: —

☆ Amazon Prime looked like it had plateaued. Now a record 3 out of 4 Americans use it.
▼ + stars: | 2024-04-18 | by ( Eugene Kim | ) www.businessinsider.com time to read: +1 min

Amazon's Prime membership hit a record 180 million US shoppers in Q1, according to new estimates. Now a record 75% of Americans use the subscription service. AdvertisementJust over a year ago, Amazon's Prime subscription service looked like it had plateaued. Prime reached a record 180 million US shoppers in the first quarter, data from Consumer Intelligence Research Partners suggests. This story is available exclusively to Business Insider subscribers.

Persons: —, It's Organizations: Amazon's, Service, Consumer Intelligence Research Partners, Business

☆ Americans are obsessed with Amazon Prime, and it shows
▼ + stars: | 2024-04-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Amazon Prime had 180 million members in March, according to new data. AdvertisementNow more than ever, you're more likely than not to be an Amazon Prime member. It also brings the share of US consumers who have Prime to 75%, per the report. Amazon did not immediately respond to a request for comment from Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Amazon, Bloomberg Businessweek, Service, Bloomberg, Consumer Intelligence Research Partners, Business

☆ Cathie Wood takes a stake in OpenAI, saying it's at the forefront of a 'Cambrian explosion' in AI
▼ + stars: | 2024-04-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Cathie Wood's Ark Invest has taken a stake in OpenAI, the popular artificial intelligence player that's behind ChatGPT. In a Thursday email to clients, the St. Petersburg, Florida-based asset manager said her ARK Venture Fund has invested in OpenAI as of Wednesday. Wood's firm launched the venture fund in September 2022, giving small investors access to the venture capital market with as little as $500 . The widely followed Wood has been a big AI bull, saying it's the most important catalyst in every corner of her disruptive innovation strategy. Wood has also spoken highly of DeepMind, an AI intelligence research lab acquired by Google in 2014, calling it "one of the best AI companies in the world."

Persons: that's, Ark, OpenAI's ChatGPT, Wood Organizations: ARK Venture Fund, SpaceX, Google Locations: OpenAI, ChatGPT, St . Petersburg , Florida

Washington CNN —President Joe Biden hosts Japanese Prime Minister Kishida Fumio for a state visit Wednesday, including a crucial Oval Office meeting, reinforcing his commitment to bolstering vital partnerships in the Indo-Pacific amid a militarily and economically resurgent China. Over 70 items covering a wide array of critical sectors are expected to be announced as part of the bilateral meeting between Biden and Kishida, according to senior administration officials. “The idea of switching to a multilateral, lattice-like strategic architecture is to flip the script and isolate China,” this person said. Cherry Blossom diplomacyEven as the leaders plan to announce the lengthy list of defense and diplomatic agreements during the course of their visit, senior administration officials also sought to highlight a more symbolic takeaway. A senior Biden administration official called the original gift of cherry trees from Japan one of the most important diplomatic gifts in US history – second only to the Statue of Liberty, a present from France.

Persons: Joe Biden, Kishida Fumio, Biden, Kishida, Jake Sullivan, ”, Cherry, “, Donald Trump Organizations: Washington CNN, Japanese, Carnegie Mellon University, Keio University, University of Washington, Washington State, Tsukuba University, US Steel, American, White, National Park Service, Biden, of, Japan Locations: China, Japan, Australia, Tokyo, Philippines, North Korea, Kishida, Ukraine, United States, Washington, France

☆ An A.I. Researcher Takes On Election Deepfakes
▼ + stars: | 2024-04-02 | by ( Cade Metz | Tiffany Hsu | ) www.nytimes.com time to read: +1 min

For nearly 30 years, Oren Etzioni was among the most optimistic of artificial intelligence researchers. But in 2019 Dr. Etzioni, a University of Washington professor and founding chief executive of the Allen Institute for A.I., became one of the first researchers to warn that a new breed of A.I. And by the middle of last year, he said, he was distressed that A.I.-generated deepfakes would swing a major election. He founded a nonprofit, TrueMedia.org in January, hoping to fight that threat. The tools, available from the TrueMedia.org website to anyone approved by the nonprofit, are designed to detect fake and doctored images, audio and video.

Persons: Oren Etzioni, Etzioni Organizations: University of Washington, Allen Institute for A.I, TrueMedia.org

☆ Here's the state of the AI trade after a great first-quarter run for many of our portfolio stocks
▼ + stars: | 2024-04-01 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

As the second quarter begins, we're taking stock of the AI trade. Microsoft leads There's no denying Microsoft's execution, which paved the way for generative AI to go mainstream and the company to then make money from the emerging technology. Alphabet may have messed up by letting Microsoft leap ahead on generative AI, but the company has years of experience in artificial intelligence research. That alone should tell you just how big these companies are betting that generative AI will indeed be transformative — on par with smartphones or the internet itself. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jefferies, There's, OpenAI's ChatGPT, Siri can't, Claude, Claude 3, That's, Meta, Jim Cramer's, Jim Cramer, Jim, Peter Dasilva Organizations: Microsoft, Jefferies, Google, Apple, Developers Conference, Amazon, CNBC, Olympus, Facebook Locations: Siri, U.S, Meta, Mountain View , California

☆ Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI?
▼ + stars: | 2024-03-26 | by ( John Markoff | ) www.nytimes.com time to read: +12 min

Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI? 1974 A key part of PARC office of the future vision is a network to tie office systems together. The PARC laboratory, set in the foothills just south of Stanford, is now largely empty, hosting less than 100 researchers, far from a peak of almost 400. Mr. Parekh said that the stage was now set for a second leap forward in the way humans interacted with computers. “This is our annuity for the future for investing in research,” Mr. Parekh said.

Persons: Steve Jobs, Jobs, Apple’s Lisa, IBM’s Thomas J, “, ”, Eric Schmidt, Google’s, Bernardo Huberman, Mr, Huberman, Douglas Engelbart, Siri, Bill Duvall, Charley Kline, CALO, David Parekh, Parekh, SIRI, Curtis Carlson, Charles Simonyi, Jan Vandenbrande, Research Jan Vandenbrande, Johan De Kleer, San Organizations: Xerox’s PARC, SRI, Palo, Palo Alto Research, PARC, Mr, Xerox, SRI International, Stanford Research Institute, Xerox Dover, Xerox Corporation, T’s Bell Laboratories, Watson Research Center, Bay, “ PARC, of America, Machine, UCLA, Pentagon, Apple, Macintosh, Research Projects Agency, Microsoft, Windows, Defense Advanced Research Projects Agency, Research Locations: Palo Alto, Stanford’sy, Stanford, Silicon, Menlo Park, Los Angeles, Calif, San Francisco, San Jose

☆ AI is not ready for primetime
▼ + stars: | 2024-03-10 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

Generative AI tools, including ChatGPT, have been alleged to violate copyright. That’s not stopping Big Tech companies and AI firms, which continue to hook consumers and businesses on new features and capabilities. “Access to major generative AI systems in widespread use is controlled by a few companies,” said Venkatasubramanian, noting that these systems easily make errors and can produce damaging content. He believes bolder reforms may be necessary too, such as taxing AI companies to fund social safety nets. For now, current day generative AI users must understand the limitations and challenges of using products that are still quite far from where they need to be.

Persons: ”, Taylor Swift, Joe Biden, Mandel Ngan, That’s, OpenAI, Elon Musk, Elon Musk Gonzalo Fuentes, ” Suresh Venkatasubramanian, Venkatasubramanian, ” Arvind Narayanan, CNN he’s, Narayanan, “, ChatGPT, Bard –, haven’t, ” Gemini, Brian Fung Organizations: CNN, Chamber, Getty, Big Tech, Microsoft, Google, Reuters, Brown University, “, White, Office of Science, Technology, Management, Executive, Princeton, “ Tech Locations: Washington ,, AFP, New Hampshire

☆ Missed the Nvidia rally? These 10 companies are buying its chips — and their stocks are rallying
▼ + stars: | 2024-03-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Super Micro , Tokyo Electron Device , Meta Platforms , Tata Motors and Mitsui are among the stocks that have seen the most significant gains over the past year. According to FactSet, their share price movement correlates between 93% and 98% of the time with Nvidia's stock. Super Micro Super Micro, which makes computer servers, has benefitted directly from using Nvidia's AI chips in its products. Tokyo Electron Device Tokyo Electron Device is a distributor of Nvidia's chips in Japan. Tokyo Electron Device is a listed subsidiary of Tokyo Electron , Japan's largest chip-manufacturing equipment maker.

Persons: FactSet, Meta, Mark Zuckerberg, Paul Meeks, Meeks, —, Jonathan Vanian, Weizhen Tan Organizations: Nvidia, CNBC Pro, Nvidia's, Tata Motors, Mitsui, Microsoft, Meta, Facebook, Super, Tech, Portfolio Management Locations: Tokyo, Japan

☆ OpenAI Says Elon Musk Tried To Merge It With Tesla
▼ + stars: | 2024-03-05 | by ( Cade Metz | ) www.nytimes.com time to read: +1 min

OpenAI, in its first public comments about Elon Musk’s lawsuit against the influential artificial intelligence research lab, said that Mr. Musk tried to transform the lab from a nonprofit into a for-profit operation before he left the company in early 2018. The comments, made in a blog post published on Tuesday evening, are part of an escalating feud between Mr. Musk and OpenAI, which is now at the forefront of an industrywide A.I. The company said it intended to move to dismiss all the claims in Mr. Musk’s suit. Mr. Musk filed the suit against OpenAI and its chief executive, Sam Altman, on Friday, accusing them of breaching a contract by putting profits and commercial interests ahead of building A.I. (The New York Times sued OpenAI and its partner, Microsoft, in December, claiming copyright infringement of news content related to A.I.

Persons: Elon, Musk, Musk’s, Sam Altman, OpenAI Organizations: OpenAI, Microsoft, New York Times

☆ Orban Gives Green Light to Sweden’s NATO Bid
▼ + stars: | 2024-02-23 | by ( Andrew Higgins | ) www.nytimes.com time to read: +1 min

Prime Minister Viktor Orban of Hungary on Friday declared an end to a monthslong spat with Sweden over the expansion of NATO, saying that a visit by his Swedish counterpart had rebuilt trust and paved the way for the Hungarian Parliament to vote on Monday to ratify the Nordic nation’s membership in the alliance. “We are ready to fight for each other, to give our lives for each other,” Mr. Orban said at a joint news conference in Budapest, the Hungarian capital, with the visiting Swedish leader, Ulf Kristersson. Hungary has been the last holdout in endorsing Sweden’s NATO membership. The sudden warming of relations between the two countries followed a decision by Sweden to provide Hungary with four Swedish-made Gripen fighter jets in addition to the 14 its air force already uses, and a promise that Saab, the maker of the warplanes, will open an artificial intelligence research center in Hungary. Hungary had been stalling for 19 months on ratifying Sweden’s admission to NATO, a delay that had puzzled and exasperated the United States and other members of the military alliance.

Persons: Viktor Orban of Hungary, Mr, Orban, Ulf Kristersson Organizations: Friday, NATO, Swedish, Nordic, Gripen, Saab Locations: Sweden, Budapest, Swedish, Hungary, United States

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