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☆ Algorithms, bias and hallucinations: 20 important AI terms investors should know
▼ + stars: | 2024-02-04 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +25 min

Generative AI Neural networks are the heart of the increasingly popular type of AI known as generative artificial intelligence , or gen AI for short. Both traditional AI and gen AI systems rely on data and can be used to automate decision-making tasks. Microsoft's AI virtual assistant Copilot — which went live in November — is perhaps the most prominent generative AI feature among our portfolio companies. Bias Bias is another downside to AI systems — and LLMs in particular — that users need to consider. While GPUs have the upper hand in AI training, CPUs are understood to perform AI inference well.

Persons: OpenAI's, —, We've, that's, Chirag Shah, Shah, Mark Riedl, Bruce Springsteen, Einstein, Copilot —, Springsteen, OpenAI, it's, Riedl, Harry Potter, I've, ChatGPT, University of Washington's Shah, there's, he'd, Georgia Tech's Riedl, LLMs that's, Georgia Tech's, Meta, Grace Hopper Superchip, Jim Cramer's, Jim Cramer, Jim Organizations: Broadcom, Microsoft, Meta, Nvidia, Apple, Chirag, University of Washington, Google, Georgia Tech's School of Interactive Computing, YouTube, Netflix, Amazon, Facebook, Reuters, U.S, University of Washington's, OpenAI, New York Times, Club, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, Barcelona, U.S, WhatsApp, Istanbul, Georgia

☆ Some OpenAI employees are still feeling uneasy and looking for other jobs despite Sam Altman's return, report says
▼ + stars: | 2023-11-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Sam Altman is back in charge of OpenAI but some employees are still feeling nervous, per Semafor. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementOpenAI's CEO Sam Altman may be back in charge but some employees are still feeling uneasy. According to one of the outlet's sources, rival AI company Cohere has received several inquiries from OpenAI employees in recent days. AdvertisementAI companies Hugging Face and Cohere told CNBC they've had more customer inquiries following Altman's ousting and reinstatement as CEO.

Persons: Sam Altman, —, Semafor, Altman, We've, Sam, Cohere, Marc Benioff, Salesforce's Einstein, CNBC they've, Clément Delangue, OpenAI Organizations: Service, Salesforce's, CNBC Locations: OpenAI

☆ Salesforce CEO pledges to match contracts of OpenAI researchers who resign and join Einstein Trusted AI team
▼ + stars: | 2023-11-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Marc Benioff promised to match the contracts of OpenAI researchers who resign to join Salesforce. The offer comes amid the chaotic ouster of OpenAI CEO Sam Altman, and rumors Altman could return to the job. "Salesforce will match any OpenAI researcher who has tendered their resignation full cash & equity OTE to immediately join our Salesforce Einstein Trusted AI research team under Silvio Savarese," Benioff, the Salesforce CEO, posted on X in a pledge to buy out the OpenAI researchers' contracts, along with any unrealized profits and sales incentives. As many as 95% of OpenAI workers have also threatened to quit if Altman, the company's co-founder, is not reinstated. AdvertisementSalesforce's Einstein is the company's generative AI program built for managing relationships with customers.

Persons: Marc Benioff, Sam Altman, Altman, —, Salesforce, Silvio Savarese, Einstein, Benioff, Greg Brockman, OpenAI, Jakub Pachocki, Szymon Sidor, Aleksander Madry, Savarese, Stanford — Organizations: Salesforce, Service, Enterprise, Business, OpenAI, New York Times, Stanford

☆ Marc Benioff is trying to use X to poach talent from OpenAI, and people are having a field day in the comments
▼ + stars: | 2023-11-21 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Salesforce CEO Marc Benioff is trying to get ahead of the race to poach OpenAI's talent. AdvertisementAfter the weekend of chaos at OpenAI, Salesforce CEO Marc Benioff is eyeing an opportunity for new talent. "Lol, like it was ever about compensation," wrote Boris Power, OpenAI's head of applied research, in response to Benioff. "Looking forward to joining Salesforce!" I was the janitor at OpenAI, total comp $1.2m base + $50m equityLook forward to joining Salesforce!

Persons: Marc Benioff, —, Salesforce's Einstein, Lol, Boris Power, ove, ould Organizations: Service, Salesforce's Locations: OpenAI, ife

☆ The way I'm thinking about stocks makes them winners no matter what the Fed or bonds do
▼ + stars: | 2023-09-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

After the September meeting pause last week, the target range for the fed funds rate remained at 5.25% to 5.50%. First, I don't know a soul besides me who agrees with that 20-year versus fed funds rate yield prognosis. They think the fed funds rate will come down or the 20-year yield is already extended. Second, I don't know anyone else who believes the economy is so strong that the Fed is correct to keep on an anti-inflation course. I don't think so.

Persons: We've, Jerome Powell, Powell, It's, —, that's, — let's, it's, Bob Iger, Charlie Scharf, there's, Einstein, Salesforce, Elliott, Bill Newlands, Constellation, William Giles, Giles, Bud, Tom Jorden, Coterra, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Federal Reserve, Fed, Treasury, Apple, Club, Disney, Hulu, CNBC, Comcast, DIS, ABC, ESPN, Nexstar Media, YouTube, Apple's, Wells, Constellation Brands, Constellation, Elliott Management, Autozone, San, Coterra Energy, & Gas, Ford, Traders, New York Stock Exchange, AFP, Getty Locations: U.S, New Jersey, Gary's, Madison —, Wells Fargo, Wells, What's, slowdowns, Texas, San Miguel, Brooklyn , New York, AMZN, CTRA

☆ Salesforce CEO says Slack will play a prominent role in AI
▼ + stars: | 2023-09-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Salesforce CEO Marc Benioff told CNBC's Jim Cramer on Tuesday that its messaging program Slack will not only have its own AI, but will be used by some of the biggest names in artificial intelligence. "The big news is Slack is really starting to wake up with its own AI," Benioff said. "If you go talk to any of these great, new AI companies," Benioff continued, listing OpenAI, Cohere and Anthropic, "They are all Slack first companies, they all built their product with Slack." He stressed that while the program is learning from customers' data, it is protecting that data with a "trust layer." "Einstein will do a trillion transactions for our customers this week in AI, but we never look at the customers' data."

Persons: Marc Benioff, CNBC's Jim Cramer, Slack, Benioff, Einstein Organizations: Slack

☆ Here are 6 stocks dominating the AI trade and 3 more that stand to benefit down the road
▼ + stars: | 2023-08-23 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Analysts at Goldman Sachs released a note to clients late Monday, looking at what they called "The (AI) trade after the trade." Marvell Technology (MRVL), a former Club stock and current Bullpen stock, is also included. But, in addition to surveying the AI landscape, the Goldman note aims to answer the question: What is the trade after the trade? The common theme here is enhanced worker productivity; AI leading to revenue growth and lower labor costs, an obvious benefit to the bottom line. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: you've, Goldman Sachs, Salesforce's Einstein, Goldman, Russell, —, Consumer Staples, Jim Cramer's, Jim Cramer, Jim Organizations: Goldman, Nvidia, Marvell Technology, Club, Microsoft, Russell, Costco, Consumer, CNBC, Istock, Getty

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