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Welcome to the Era of the A.I. Smartphone
  + stars: | 2024-06-10 | by ( Brian X. Chen | ) www.nytimes.com   time to read: +1 min
Every year, Apple and Google announce major software updates that bring new features to our smartphones, like cosmetic overhauls to the home screen, stronger privacy protections and fun messaging tools. This year, the changes will feel more radical because the companies are focusing on reinventing our phones with artificial intelligence. The new tools include a revamped version of its voice assistant, Siri, that is easier to talk to and an A.I. system that will generate images, create summaries of web articles and craft responses to text messages and emails. The change that will have a more immediate effect has to do with old-school text messages — also known as the green bubble.
Persons: Siri, , Apple Organizations: Apple, Google
OpenAI on Monday hired two top executives and announced a partnership with Apple that includes a ChatGPT-Siri integration, the company announced in two blog posts. The company said Sarah Friar, previously CEO of Nextdoor and finance chief at Square, is joining as chief financial officer. OpenAI also hired Kevin Weil, an ex-president at Planet Labs , as its new chief product officer, according to the blog post. Weil's product team will be focused on "applying our research to products and services that benefit consumers, developers, and businesses," the company wrote. "Siri can also tap into ChatGPT's intelligence when helpful," OpenAI wrote.
Persons: OpenAI, Siri, Sarah Friar, Friar, Kevin Weil, Weill Organizations: Apple, Stanford Digital Economy, Planet Labs, Twitter, Facebook, Monday Locations: ChatGPT
Apple Entered the A.I. Fray
  + stars: | 2024-06-10 | by ( Matthew Cullen | ) www.nytimes.com   time to read: +1 min
After lagging behind its rivals in the artificial intelligence race for the last two years, Apple today announced that its smartphones would soon feature several tools powered by generative A.I. Apple’s A.I. system will offer a rebuilt version of Siri that the company said will be capable of following a conversation. Apple struck a deal with the company to support its A.I. Apple’s move will test whether the tech giant can once again enter a new market and redefine it — as it did with the iPod, the iPhone and the Apple Watch.
Persons: Apple’s, Siri, Apple, , Tripp Mickle, Tripp Organizations: Apple, Apple Watch
But this heavy focus on just a few stocks has led one portfolio manager to urge investors to diversify, naming two stocks he thinks look particularly attractive. Dunn, who also holds the title of co-head of value equity at Morgan Stanley, said other stocks offered investors "a lot of opportunity," naming two he likes. Thermo Fisher Scientific Healthcare services and biotechnology company Thermo Fisher is another favorite for Dunn, who sees it as an industry leader and "supermarket of tools and analytics." "We think [Thermo Fisher is] really ready to sort of benefit from this as the year progresses." Shares in Thermo Fisher are up around 9.5% year-to-date and 12.8% in the last 12 months.
Persons: Nvidia, Aaron Dunn, CNBC's, Dunn, Morgan Stanley, They've, BJ's Organizations: Big Tech, Apple, Meta, Microsoft, Tesla, Morgan, Value, Costco Wholesale, Walmart, Sam's, Fisher Scientific Healthcare, . Value Locations: Morgan Stanley's, U.S, Fisher
Every Elephant Has Its Own Name, Study Suggests
  + stars: | 2024-06-10 | by ( Kate Golembiewski | ) www.nytimes.com   time to read: +1 min
It’s more than a sound people make to get your attention — it’s a seemingly universal hallmark of human society and language, the specifics of which set us apart from our fellow animals. Now, scientists say they have found evidence with the help of artificial-intelligence-powered tools that elephants call each other by names too. Elephants’ trumpeting calls might be their most recognizable sounds, but these “are basically an emotional outburst,” Dr. Pardo said. Lower-pitched rumbles, he said, are more meaningful, as they make up a majority of elephant vocalizations and are used in a wide variety of social situations. “A lot of interesting stuff is going on in the rumbles,” he said.
Persons: , Mickey Pardo, ” Dr, Pardo, George Wittemyer Organizations: Cornell, of Ornithology, Colorado State University, Buffalo, Buffalo Springs National Reserves Locations: Samburu, Buffalo Springs, Kenya
Many healthcare startups have targeted administrative tasks on the provider side, like SmarterDx, which just raised a $50 million Series B in June. Wu said NEA chose to invest in Anterior in part because of its focus on health plans. Anterior's $20 million Series A will help the startup accelerate hiring to take on more health plan customers, Mahmoud said. Wu said the firm sees a big opportunity for Anterior to package a range of tools for health plans as AI technologies become more widespread. See the 18-slide pitch deck Anterior used to grab a $20 million Series A.
Persons: , It's, Mustafa Suleyman, Adrian Aoun, Blake Wu, Abdel Mahmoud, we'd, we've, Mahmoud, Wu, Anterior's Organizations: Service, NEA, Business, Sequoia, Lion, Microsoft, Cohere, Meta, Google, McKinsey & Company, Amazon Locations: Sequoia Arc
The best new features in iOS 18
  + stars: | 2024-06-10 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +5 min
Apple's iPhone operating system, iOS 18, was a major topic of discussion at the event, and it's expected to be released later this year. Related storiesHere are some of the changes we're most excited about iOS 18. AdvertisementA new home screen designApple iOS 18 will let you customize your home screen wallpaper, app icons, and widgets. iOS 18 will now allow users to tap back on a message with any emoji or sticker. AdvertisementApple IntelligenceApple will be integrating a much-anticipated generative AI system into iOS 18.
Persons: , Ronak Shah, You'll, Shah, Craig Federighi, Apple Cash, Apple, Siri Organizations: Service, Apple, Business, Tapbacks, Google, Apple Intelligence Apple, OpenAI Locations: Siri
Here’s a closer look at what to expect at Apple’s big event:AI, AI and more AIApple is expected to call its AI initiative “Apple Intelligence” and make it opt-in only. A strategic partnershipIn the spring, Apple was reportedly discussing partnership opportunities with both OpenAI and Google to power its AI tools. That partnership Apple could elaborate on during the opening keynote on Monday. Apple aligning itself with a company and a technology that have yet to win public trust could pose some risks for Apple down the line. Generative AI could potentially propel the headset into another level of personalization and immersion and usher in new use cases for businesses, particularly in the education and medical spaces.
Persons: OpenAI, , Tim Cook, Dan Ives, Here’s, , Siri, ” Thomas Husson, Forrester, Reece Hayden, Apple, ” Hayden, Hayden Organizations: California CNN, Developers Conference, Nvidia, ” Apple, Apple, Apple Intelligence, Bloomberg, CNN, ABI Research, Google, Fortune, Apple Vision, Gartner Locations: Cupertino, California, China, Washington
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Club stock Eaton traded more than 2% higher at one point Monday after pulling back more than 5% last week. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Eaton, there's, We're, Jim, Salesforce, we'll, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, Club, Dell Technologies, Micro, Dover Corp, Energy, Constellation Energy, GE Vernova, Justice, Developers, Apple, Vision, Jim Cramer's Charitable, Apple Inc Locations: United States, China, Cupertino , Calif
On Monday, the longtime Club holding unveiled its long-awaited generative AI initiatives, known as Apple Intelligence. It means that Apple's new AI tools should be able to boost lagging iPhone sales, which make up roughly half of the company's overall revenue. The iPhone 15 Pro and Pro Max, which were released last year, are the only versions of the smartphone currently compatible with Apple Intelligence. "Even if iPhone 15 users don't upgrade right away, they now have a very good reason to do it sooner than they otherwise would have. Taken together, these suite of features show that Siri is getting the makeover that Jim Cramer recently argued would be crucial for an iPhone upgrade cycle to ensue.
Persons: Siri, Pro Max, Zev Fima, Fima, Kelsey Peterson, Apple, Jim Cramer, Jim, Jim Cramer's, Tim Cook, Nic Coury Organizations: Apple, Monday, Club, Apple Intelligence, Pro, Investing, Apple News, Microsoft, CNBC, Developers, AFP, Getty Locations: China, Cupertino , California
Lionel Bonaventure | Afp | Getty ImagesLONDON — Microsoft is handing over the development of all of its best artificial intelligence tools and software to OpenAI, according to one tech CEO — which could be a boon for arch-rival Google. He noted that the so-called transformers that power today's generative AI technologies "all came from Google." Microsoft as an AI 'consultancy'McKinnon added that there's a risk Microsoft's position in AI becomes reduced to that of a "consultancy." Still, Google has a mountain to climb if it's going to achieve commercial success with its own AI investments. Microsoft has effectively become the leader in the push toward foundation AI models given its investment in and partnership with OpenAI.
Persons: Lionel Bonaventure, Todd McKinnon, McKinnon, OpenAI, Bard Organizations: Bard, Google, Getty, Microsoft, CNBC, OpenAI
Apple is making email more bearable
  + stars: | 2024-06-10 | by ( Grace Eliza Goodwin | ) www.businessinsider.com   time to read: +4 min
Read previewManaging your email app — and even just searching for an email you know is in there somewhere — can be unbearable. Here's what you need to know about the latest email updates Apple is rolling out. Writing tools integrated into MailThanks to Apple's new generative AI system, Apple Intelligence, some smart AI-powered writing tools will be integrated across Apple apps, including the Mail app. With Apple Intelligence, you'll be able to pull up a sidebar from the Mail app that will help you rewrite an email draft. AdvertisementThe Mail app pop-up will help you rewrite your email.
Persons: , Ronak Shah, Shah, You'll, Ronak, you'll, Smart, Siri, — Siri, Kelsey Peterson, Kelsey Organizations: Service, Apple, Business, Gmail, United Airlines, Apple Intelligence, Mail
Rather, we need to remember what makes a middle manager valuable. AdvertisementWith improved communication and listening, more empathy, and emotional intelligence, middle managers could save themselves from the "great unbossing," Gandy said. The attack on middle managersCompanies have been axing middle management positions as a way to cut costs. For starters, middle managers provide mentorship to junior employees and graduate staffers. A lack of trainingGood middle managers need training and guidance, which is severely lacking in current workplaces, Gandy said.
Persons: , Koma Gandy, Gandy, Zers, Z, Micromanaging, doesn't, shouldn't, it'll Organizations: Service, Business, Companies
Apple Jumps Into A.I. Fray With Apple Intelligence
  + stars: | 2024-06-10 | by ( Tripp Mickle | ) www.nytimes.com   time to read: +1 min
Nearly two years after OpenAI ignited a race to add generative artificial intelligence into products, Apple jumped into the competition on Monday, with plans to bring the technology to more than a billion iPhone users around the world. Early into a two-hour presentation from its futuristic Silicon Valley campus, Apple revealed that it would be using generative A.I. to power what it is calling Apple Intelligence. features, Apple emphasized how it planned to integrate the technology into its products with privacy in mind. For complex requests, it has created cloud network with Apple semiconductors that, it said, is more private because it’s not stored or accessible, even by Apple.
Persons: Siri, Apple Organizations: Apple, Apple Intelligence
And no product is more important to Apple than the iPhone. New AI features that provide a compelling reason to upgrade when Apple rolls out the iPhone 16 in the fall could boost the company at a crucial time. Here’s the thing: No matter how Monday goes, Apple isn’t losing its status as a tech powerhouse anytime soon. The latter scenario — assuming the features are compelling — could spur the next major iPhone upgrade cycle and have ripple effects for the entire company. “That’s the key: if it’s compelling and not backward-compatible, Apple will have the first upgrade cycle in four years,” Luria said.
Persons: they’ve, Apple isn’t, D.A, Davidson, Gil Luria, Gadjo Sevilla, , Siri, Luria, ” Luria Organizations: New, New York CNN, Apple, CNN, , Nvidia, Microsoft, eMarketer, iOS, Samsung Locations: New York, China, WWDC
Details of the content of the document come from the latest bail application from prosecutors. DNA evidence initially linked him to a hair found on the burlap sack where Waterman’s remains were found. The 60-year-old architect was surprised by the latest charges, Heuermann attorney Michael Brown said after the defendant appeared in an eastern Long Island courtroom. The bail application said a tattoo on Taylor’s torso had been mutilated with a sharp object. It recommended the use of heavier rope since lighter types “broke under the stress of being tightend,” the bail application said.
Persons: Rex Heuermann, , ” criminologist, Scott Bonn, Heuermann, Jessica Taylor, Sandra Costilla, “ I’ve, Raymond Tierney, , Casey Jordan, ” “, ” ‘, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes –, ” Heuermann, ” Tierney, Taylor, Costilla’s, Michael Brown, Brown, ” Brown, Tierney, ” Jordan, “ Heuermann, Dennis Rader, Rader, “ We’re, We’re, Said Jordan, ” CNN’s Mark Morales, Brynn Gingras, Carolyn Sung, Samantha Beech Organizations: CNN, Long, Heuermann, Force, , Cub Scout Locations: New York, ” Suffolk County, Bonn, Manhattan, Long, ” Bonn, Suffolk County
More specifically, it’s Alcaraz’s body, but also his mind — to the extent that it so often dictates how his body feels. AdvertisementAlcaraz, the 21-year-old Spanish star who makes tennis fans gasp like no one else can, beat Alexander Zverev of Germany on Sunday to win his first French Open title. Alcaraz’s first French Open is a triumph of perseverance (Frey / TPN via Getty Images)A year ago, it was anything but inevitable. GO DEEPER Game, Set, Match: Carlos Alcaraz beats Alexander Zverev to win first French OpenThe weeks before the French Open had been filled with doubts. Alcaraz at the 2021 ATP Next Gen finals, which he won, beating Sebastian Korda in the final.
Persons: there’s, Carlos Alcaraz’s, Carlos Alcaraz, Alexander Zverev of, Philippe, Chatrier, Alcaraz’s, Frey, TPN, physiotherapists, , Alexander Zverev, Alcaraz, That’s, Sebastian Korda, Julian Finney, Indian Wells, Novak Djokovic, Djokovic’s relentlessness, Djokovic, Sinner, Andrey Rublev, Jan, Lennard Struff, J.J, Wolf, “ I’m, “ It’s, Clive Brunskill, He’d, , Zverev, Alain Jocard, cramp, We’re, ” Zverev, hadn’t, Roland Garros, Tim Goode, Antonio Borga, Dan Goldfarb Organizations: PARIS, Mousquetaires, Getty, U.S, ATP, Miami Open, Wimbledon, Getty Images, Australian, Rio, The Athletic Locations: Italian, Alexander Zverev of Germany, South America, Indian, Paris, Monte Carlo, Barcelona, Madrid, Rome, AFP, Eurasia
Apple prepares for its 2024 WWDC event
  + stars: | 2024-06-08 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +7 min
CNN —Apple is on the verge of kicking off perhaps its most important event in years as it faces a gauntlet of challenges. Apple is expected to team up with ChatGPT creator OpenAI Jaap Arriens/NurPhoto/Getty Images/FileA strategic partnershipIn the spring, Apple was reportedly discussing partnership opportunities with both OpenAI and Google to power its AI tools. But now the company is believed to have inked a deal with the ChatGPT creator, a partnership Apple could elaborate on during the opening keynote on Monday. Apple aligning itself with a company and a technology that have yet to win public trust could pose some risks for Apple down the line. Generative AI could potentially propel the headset into another level of personalization and immersion and usher in new use cases for businesses, particularly in the education and medical spaces.
Persons: OpenAI, , Tim Cook, Dan Ives, Here’s, Siri, Suzanne Plunkett, , ” Thomas Husson, Forrester, Reece Hayden, OpenAI Jaap Arriens, Apple, ” Hayden, Hayden Organizations: CNN, Developers Conference, Nvidia, ” Apple, Apple, Apple Intelligence, Bloomberg, ABI Research, Google, Fortune, Apple Vision, Gartner Locations: China, Washington
Read previewThis is an as-told-to conversation with Molly Cantillon, a Stanford dropout and founder of NOX, a personalized AI assistant. NOX, the personal AI assistant I built, was created to fill that void. I'm building NOX to help people like me stay saneI initially built NOX as a hardware solution in June 2023. In some sense, I'm building NOX to help people like me stay sane. Some might say we're a group of college dropout nobodies gunning after a crown jewel: A personalized AI assistant.
Persons: , Molly Cantillon, hadn't, It'll, Reilly Opelka, Aayush, nobodies gunning, It's, We're Organizations: Service, Stanford, Business, Tennis Locations: Palo Alto
CNN —Walking through “The Portal” — the immersive art experience that I have created at Crystal Bridges Museum of American Art in Bentonville, Arkansas — is like stepping into a mandala. Jared Sorrells/Crystal Bridges Museum of American ArtI also began to carve marble, mold clay and draw around the same time I began writing songs. Crystal Bridges Museum of American ArtHere, there is also a sculpture I made titled “CHILL,” made of lucite and filled with a variety of medications. Jewel - Dedication Meditation (Official Visualizer from "THE PORTAL: an art experience by Jewel")The journal is for each visitor to keep. Crystal Bridges Museum of American ArtTraditional art mediums like oil painting and sculpture are often viewed today with preconceived notions and judgments.
Persons: , Danny Goldberg, , Philip Thomas, I’m, Rod Bigelow, Alejo Benedetti, Crystal, , Melesio Casas, Jared Sorrells, I, I’ve, it’s, James Webb, Kase, Jewel ., Jewel Organizations: CNN, Crystal Bridges Museum of American Art, Atlantic Records, Crystal Bridges Museum of American, , Bridges Museum of American, James Webb Space Telescope, Bridges Museum of, Nova Sky Locations: Bentonville , Arkansas, Crystal, San Diego , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Jim Lebenthal on the fundamental analysis tools that will make you a better investorVeteran "Halftime" guest and investor Jim Lebenthal sat down with CNBC's Dominic Chu to discuss how the former nuclear engineer and U.S. Navy officer created a science-minded approach to fundamental analysis and value investing that has led to a decades-long career on Wall Street. Lebenthal goes into detail on how he uses different fundamental analytical tools, walking Pro subscribers through how he finds price-to-earnings growth ratios of stocks like Amazon and Nvidia. He also gives examples of how to incorporate tools from technical analysis to help augment his decision-making process, and fields stock-specific questions from Pro subscribers.
Persons: Jim Lebenthal, CNBC's Dominic Chu, Lebenthal Organizations: Veteran, U.S . Navy, Nvidia
Waystar shares slid about 3% in their Nasdaq debut on Friday, after the health-care payment software vendor priced its IPO in the middle of the expected range. The stock opened at $21 per share, below the IPO price of $21.50 late Thursday. The IPO market has been largely dormant since late 2021 when the extended bull market turned and investors began to worry about a weakening economy. But the broader venture-backed tech market may be beginning to thaw. Health tech company Tempus AI has also issued a preliminary prospectus this year.
Persons: Waystar, Matt Hawkins, CNBC's, JPMorgan Chase, Goldman Sachs Organizations: Nasdaq, Rock Health, Health, ZirMed, JPMorgan, Barclays
Oppenheimer raised its price target on Microsoft to $500 on the potential of increasing AI adoption. Shares of AT & T are up 9% on the year, but analyst Michael Rollins' $20 price target implies that shares could rise another 9%. Analyst Andrew Obin upgraded the Post-it and Scotch parent to buy from neutral and raised his price target by $15 to $120. Analyst Christopher Nardone upgraded the shoe maker to buy from neutral and raised his price target by $16 to $87. Analyst Jay Sole upped his price target on the clothing maker by $14 to $174, now suggesting upside of 43.4%.
Persons: Oppenheimer, Exxon, Neal Dingmann, Dingmann, aren't, — Spencer Kimball, Michael Rollins, Rollins, Lisa Kailai Han, BofA, Andrew Obin, William Brown, Michael Roman, Brown, Obin, — Alex Harring, Christopher Nardone, Nardone, Skechers, Jeffrey Zekauskas, Zekauskas, Huntsman, Benjamin Soff, Soff, Fred Imbert, PVH, Jay Sole, Calvin Klein, Tommy Hilfiger, Sole, Alex Harring, Morgan Stanley, Dara Mohsenian, Mohsenian, Anthony Chukumba, Chukumba, Gavin Parsons, Parsons, Tami Zakaria, Zakaria, Herc, Morgan, Tim Hsiao, Bernstein's Eunice Lee, NIO, America's Ming Hsun Lee, Timothy Horan, Horan, Rob Sanderson, Sanderson Organizations: CNBC, Microsoft, Loop, Exxon, Natural Resources, Citi, AT, VZ, Bank of America, Huntsman, JPMorgan, Deutsche Bank, UBS, Colgate, Palmolive, Loop Capital, UBS shaves, Boeing, Rentals, United Rentals, Herc Holdings, Wall, 3Q, Bank, OpenAI Locations: Truist, Guyana, OPEC, Thursday's, America's
Club holdings Microsoft and Best Buy were the subject of upbeat Wall Street research, while TJX Companies hit an intraday high Friday on the same day it announced plans to enter a new international market. BBY YTD mountain Best Buy year-to-date performance The news: Loop Capital increased its Best Buy price target to $100 from $93 while maintaining its buy rating on the stock. On the stock, Loop sees Best Buy trading at a "significant discount" to the valuations of other retailers with relatively slow growth. Shares of Best Buy were slightly lower Friday, though they hit a new 52-week high Friday of $89 each earlier in the session. TJX YTD mountain TJX Companies (TJX) year-to-date performance The news: TJX Companies is expanding into Mexico.
Persons: Oppenheimer, OpenAI, Copilot, it's, we're, Jim, I'm, bode, Citigroup's, Tommy Hilfiger, Calvin Klein, Axo, Ernie Herrman, TJX, Jim Cramer's, Jim Cramer, Shannon Stapleton Organizations: Microsoft, TJX Companies, Analysts, Federal Trade Commission, CNBC, Club, Amazon, TJX, Grupo Axo, Axo, Black Locations: Mexico, Chile, Peru, Maxx, U.S, Westbury , New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Jim Lebenthal on why going back to the fundamentals will make you a better investorVeteran "Halftime" guest and investor Jim Lebenthal sat down with CNBC's Dominic Chu to discuss how the former nuclear engineer and U.S. Navy officer created a science-minded approach to fundamental analysis and value investing that has led to a decades-long career on Wall Street. Lebenthal goes into detail on how he uses different fundamental analytical tools, walking Pro subscribers through how he finds price-to-earnings growth ratios of stocks like Amazon and Nvidia. He also gives examples of how to incorporate tools from technical analysis to help augment his decision-making process, and fields stock-specific questions from Pro subscribers.
Persons: Jim Lebenthal, CNBC's Dominic Chu, Lebenthal Organizations: Veteran, U.S . Navy, Nvidia
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