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☆ Walmart and Target are slashing prices. What does that mean for inflation?
▼ + stars: | 2024-05-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

That doesn’t mean the battle against inflation is won. Walmart saw first-quarter sales at stores open at least a year climb 3.8% from the prior year, in part thanks to its ability to keep prices low even as inflation remains sticky. “Our combination of everyday low prices plus a large number of rollbacks is resonating” with consumers, Walmart CEO Doug McMillon said on a call with analysts. Investors will get more inflation data next week from the Personal Consumption Expenditures index for April. Without that discount, the combined fine would have topped £88 million ($112 million).

Persons: Doug McMillon, Price, we’re, ”, Preston Caldwell, Scarlett Johansson, Will Scarlett Johansson, OpenAI, Johansson, OpenAI’s, Sam Altman, Brian Fung, OpenAI didn’t, Anna Cooban, “ Organizations: CNN Business, Bell, New York CNN, Walmart, Ikea, Aldi, Morningstar Research Services, Bureau of Labor Statistics, Investors, Citi, Citigroup, Financial Conduct Authority, Bank of England’s Prudential, Authority, CNN Locations: New York, United States

☆ Citi fined $79 million by British regulators over fat-finger trading and control errors
▼ + stars: | 2024-05-22 | by ( Matt Clinch | ) www.cnbc.com time to read: +2 min

LONDON — British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls. "Firms involved in trading must have effective controls in place in order to manage the risks involved. The regulators said that certain system and control issues persisted during the probe period and led to trading incidents, such as so-called fat-finger trading blunders. "Deficiencies in CGML's trading controls contributed to this incident, in particular the absence of certain preventative hard blocks and the inappropriate calibration of other controls," the statement read. "We immediately took steps to strengthen our systems and controls, and remain committed to ensuring full regulatory compliance."

Persons: Sam Woods Organizations: CitiBank, LONDON, Citi, Prudential, Authority, Financial, Citigroup Global Markets, prudential, CNBC Locations: Manhattan, New York City

☆ This startup used its own AI avatar technology, instead of a pitch deck, to help raise its Series B. Here's why.
▼ + stars: | 2024-05-14 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Read previewA startup has showcased its AI platform by using it to pitch potential investors while trying to raise its Series B. These AI avatars can answer real-time questions, give presentations, and ask questions. Touchcast's platform allows people to ask these digital twins questions asynchronously. Since the launch of ChatGPT-3 in November 2022, startups creating AI avatars have caught investor attention. Segal said this investor frenzy was being driven by the "huge market potential" of AI avatar technology.

Persons: —, Touchcast, asynchronously, Edo Segal, Ziv Navoth, Navoth, Segal, Touchast, Sky Fernandes Organizations: Service, Business, VU Partners, Accenture Ventures, VU Ventures Partners, Sky, McKinsey, NVIDIA, BI, Google Locations: New York, San Francisco

☆ OpenAI's legal headaches are adding up
▼ + stars: | 2024-03-01 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Even as it promises to disrupt the economy, OpenAI's legal headaches are adding up. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOn Wednesday, The Wall Street Journal reported that the Securities and Exchange Commission was investigating whether OpenAI misled investors. AdvertisementIn December, The New York Times filed a suit against OpenAI and Microsoft, alleging Times articles had been used to train chatbots. In July, the FTC also began investigating OpenAI over data and privacy concerns to determine whether the company was in violation of consumer-protection laws.

Persons: Elon Musk, OpenAI, —, Tesla, Musk, Sam Altman, Jonathan Franzen, John Grisham, George R.R, Martin, That's, Sora, Axel Springer Organizations: SEC, Service, Microsoft, Street Journal, Securities and Exchange Commission, The New York Times, OpenAI, Times, Federal Trade Commission, FTC, Google, Business Locations: OpenAI

☆ Philippines bans American traveler for life, accusing him of writing profanities on immigration form
▼ + stars: | 2023-11-17 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

CNN —The Philippines has banned for life an American traveler whom it accused of writing “profane words” on a digital immigration form and being rude to immigration officers. Anthony Laurence, 34, was refused entry and put on a blacklist permanently following his allegedly “disrespectful” behavior, the Philippine Bureau of Immigration Commissioner Norman Tansingco said in a statement last week. Laurence, who told CNN he is a property investor who lives in the country intermittently, disputes the immigration authority’s account. He did not respond to CNN’s questions about what he wrote on the form and whether it included any profanities. But he said, “I immediately apologized and the immigration officer wasn’t interested.”“I even hand-wrote an apology to the immigration officer which he wasn’t interested in as well,” Laurence added.

Persons: Anthony Laurence, Norman Tansingco, Laurence, ”, Tansingco, “, wasn’t, ” “, ” Laurence Organizations: CNN, Philippine Bureau of Immigration, Ninoy Aquino, Airport, Air, Cebu – Locations: Philippines, Manila, Bangkok, Thailand, Air Asia, Philippine, Cebu

☆ 4 freelancers share how they use AI to save time and make more money
▼ + stars: | 2023-10-04 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +3 min

Four freelancers shared with Insider how they integrated artificial intelligence into their work — from wedding planning to writing e-books — to ease their workloads. Samantha North started her blog, Digital Émigré, in September 2020. Last year, she tried to use AI to help write her content but found it sounded nothing like her. A wedding-business owner uses AI to write speechesJen Glantz runs a bridesmaid-for-hire business. Glantz shared with Insider how she trained the tool and how she used AI to produce marketing content.

Persons: Morgan Stanley, Samantha North, North, ChatGPT, inputting, I've, Claude, Jen Glantz, she'd, Glantz, Angelina Stanzione, Chris Rawson, ghostwriters, Stanzione Organizations: PAS, Publishing

☆ An OpenAI staffer who had 'personal, emotional' conversations with ChatGPT has sparked a massive debate about using AI chatbots for therapy
▼ + stars: | 2023-09-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

On Tuesday, Lilian Weng, head of safety systems at OpenAI, wrote on X that she "just had a quite emotional, personal conversation" with ChatGPT in voice mode. Try it especially if you usually just use it as a productivity tool," Weng wrote. AdvertisementAdvertisementJust had a quite emotional, personal conversation w/ ChatGPT in voice mode, talking about stress, work-life balance. OpenAI and Weng did not immediately respond to Insider's request for comment made outside of normal working hours. Mehtab Khan, fellow at Harvard University's Berkman Klein Center for Internet & Society, described Weng's post as "a dangerous characterization of an AI tool, and also yet another example of anthropomorphizing AI without thinking about how existing rules apply/don't apply."

Persons: it's, —, OpenAI, Lilian Weng, Weng, 9S97LPvBoS — Lilian Weng, Greg Brockman, chatbots, Gebru, Eliza, Joseph Weizenbaum, ELIZA chatbot, Eliza wasn't, Tom Insel, Margaret Mitchell, OpenAI's Weng, Khan, Harvard University's Berkman Klein Organizations: Service, MIT, Google, Harvard, Harvard University's Berkman Klein Center, Internet & Society Locations: OpenAI

☆ TikTok is testing a partnership with Google as it looks to beef up its search features
▼ + stars: | 2023-09-21 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

TikTok is testing a search partnership with Google, a move that underscores the rapid pace at which the way people search online is evolving. Clicking on the link takes the user to an in-app browser, which displays Google's search results for the query. TikTok is also running a disclaimer that it "does not endorse or take responsibility for search results from Google," per Oncescu's screenshots. A TikTok spokesperson confirmed the company is experimenting with third-party integrations within the TikTok app, including a test with Google. "This partnership is a great way for both companies to learn about new behaviors of search in a different journey than traditional Google search," Cicero said.

Persons: Radu Oncescu, inputted, Oncescu, Matt Navarra, Navarra, Nick Cicero, Cicero Organizations: Google, Brands, US Justice Department, Apple, Samsung, DOJ

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Persons: Ally, Ally Invest's, Ally Invest, it's, It's, you'll, Roth, Charles Schwab, Schwab, Charles Schwab's, brokerages, Rickie Houston, Rickie, He's, Read, Elias Shaya, Elias, Tessa Campbell Organizations: Reading Chevron, Financial, Ally Invest, Better, Bureau, BBB, Financial Inc, Invest, IRS, Roth IRA, Investment, Vanguard, Fidelity, Finance, Schwab, Business, Boston Globe, Yahoo News, Boston University, Boston University News Service, CUNY College of, New York Presbyterian Hospital Locations: New York City, CUNY College of Staten Island, Lebanon

☆ Fact Check-Target ‘satanic clothing’ collection is not real, it’s AI-generated
▼ + stars: | 2023-05-31 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Images of children wearing clothing with pentagrams and skulls were created with artificial intelligence (AI) and do not show a real Target collection, as claimed on social media. Some posts referred to conservative backlash to the retailers’ Pride Month collection in May. The images of children in satanic-themed clothing newly circulating, however, are not real photographs. The images were posted on AI imagery groups on Facebook on May 26 (here) (here ). These images do not depict a real Target collection, they were created with artificial intelligence.

Persons: Dan Reese, “, Read Organizations: Target, Facebook, Reuters

☆ A medical resident with 200K TikTok followers shares the exact 2-page media kit she's used to get brand deals with Microsoft, Paula's Choice, and more
▼ + stars: | 2023-04-18 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +4 min

Dr. Sally Choi is a medical resident based in Texas who is working to become a radiologist. She shares the exact 2-page media kit she's used to work with brands like Panera Bread and GoodRx. When Dr. Sally Choi finally had some free time in 2021 during her fourth year of medical school, she decided to download TikTok. Here is the exact media kit Dr. Choi created to collaborate with brands:Page one of Dr. Sally Choi's media kit. Dr. Sally Choi

☆ Who says romance is dead? Couples are using ChatGPT to write their wedding vows
▼ + stars: | 2023-04-12 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

CNN —When Elyse Nguyen was nearing her wedding date in February and still hadn’t started writing her vows, a friend suggested she try a new source of inspiration: ChatGPT. Nguyen ultimately ended up using a good portion of ChatGPT’s suggestions and said her husband was on board with it. “It helped alleviate some stress because I had no prior experience with wedding vows nor did I know what should be included,” Nguyen said. The Writer’s Block Assistant tool helps users write vows, best man and maid of honor speeches, thank you cards and wedding website “about us” pages. We’re working on responsibly innovating using AI to advance the wedding and event industry as a whole.”Michael Grinn and Kate Gardiner used viral AI tool ChatGPT to write the Ketubah, a Jewish wedding contract, for their June wedding.

☆ A Twitter user claims GPT-4 saved their dog's life after a vet couldn't correctly diagnose her symptoms
▼ + stars: | 2023-03-30 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

A Twitter user claimed GPT-4 saved their dog's life after they asked it to diagnose her symptoms. GPT-4 made a diagnosis from blood work and test results, and another vet said it was right. Per his tweets, Cooper told GPT-4, which is currently available through ChatGPT Plus, that his dog had a high fever and that blood work from the vet indicated anemia. They told the AI that the vet diagnosed the dog with babesiosis and inputted two sets of blood work results from that day. After asking the second vet if IMHA could be a possible diagnosis, the vet agreed, Cooper wrote.

☆ Baidu's ChatGPT-like app will revolutionise its search engine, says CEO
▼ + stars: | 2023-02-22 | by ( Eduardo Baptista | ) www.reuters.com time to read: +3 min

BEIJING, Feb 23 (Reuters) - China's Baidu Inc (9888.HK) will use its ChatGPT-like app Ernie Bot to create a "revolutionary" version of its popular search engine, the company's CEO said on Wednesday. Ahead of Ernie Bot’s launch in March, Baidu CEO Robin Li told reporters on a conference call to discuss fourth-quarter results that users would be more dependent on the Baidu search engine once it was embedded with the chatbot. He added that online advertising, the company's main source of revenue, would also be boosted by the integration of Ernie Bot into the search engine. Since early February, more than 400 companies have signed up to join the Ernie Bot community as early users of the app, Baidu has said. He also said Ernie Bot was "state of the art" among large AI-driven language models in terms of understanding China's language and culture.

☆ I fed ChatGPT my childhood journal entries to talk to my inner child. The results were very therapeutic.
▼ + stars: | 2022-12-25 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Michelle Huang used OpenAI GPT-3 Playground to create an inner child chatbot as an experiment. I decided to train an AI chatbot on my childhood journal entries to engage in real-time dialogue with my inner child and I discovered how an AI tool can be used for therapeutic benefits. I told her that she was loved, cared for, and safe: the words that my past self always wanted to hear. Hearing my inner child say "I'm proud of you" was healing. I tweeted a tutorial for how to create your own inner child chatbot for anyone who wants to replicate the experiment.

☆ I trained an AI chatbot on my childhood journal entries to talk to my inner child. It felt like I was reaching into the past and giving her a giant hug.
▼ + stars: | 2022-12-10 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Michelle Huang used OpenAI GPT-3 Playground to create an inner child chatbot as an experiment. That interaction felt very similar to a normal texting conversation, as if I were texting my past self in real time. I told her that she was loved, cared for, and safe: the words that my past self always wanted to hear. Hearing my inner child say "I'm proud of you" was healing. I tweeted a tutorial for how to create your own inner child chatbot for anyone who wants to replicate the experiment.

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