DIRS.INFO The most relevant business & tech news

☆ Elon Musk has real ambitions to make a wraparound trading product, says Semafor's Liz Hoffman
▼ + stars: | 2023-08-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk has real ambitions to make a wraparound trading product, says Semafor's Liz HoffmanLiz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss Elon Musk and X's finance ambitions, what's at stake for Musk's business empire, and more.

Persons: Elon Musk, Liz Hoffman Liz Hoffman, what's

The "twisties," which cut short Biles' Tokyo run, were nowhere in sight on Saturday as the U.S. gymnast appeared back to her previous, top-notch form after taking more than a year off from the sport. During that break she prioritized her mental health, which became a major focus following her abrupt withdrawal from the team finals in Tokyo. "I’m still continuing to work on myself and go to therapy," Biles said, stressing the importance of a mental break. "I think I’m in better shape than I was in 2021," she said. "Who knows, I'm not going to think too far ahead," Biles said when asked about her plans.

Persons: HOFFMAN, Simone Biles, dazzled, Biles, I’m, I'm, Karen Braun, William Mallard Organizations: Tokyo Olympics, Thomson Locations: , Illinois, Chicago, Tokyo, U.S

CNN —Seven-time Olympic medalist Simone Biles is due to return to competitive gymnastics on Saturday for the first time since pulling out of Tokyo Olympics finals in 2021. The world gymnastics championships are then scheduled to take place between September 30 and October 8 in Antwerp, Belgium. Biles competes on vault during the women's team final at the Tokyo Olympics. Biles is the most decorated gymnast in US history, winning 32 medals across the Olympics and the world championships. After a two-year hiatus, Biles is returning to gymnastics as a celebrated advocate for mental health.

Persons: Simone Biles, Biles, Laurence Griffiths, Sunisa Lee, I’ve, I’m, Joan Ryan, Lee, Peacock Organizations: CNN, Tokyo Olympics, USA Gymnastics, Hoffman Estates, Tokyo, Olympics, CNN Sport, CNBC, NBCSports.com, NBC, USA Gymnastics YouTube Locations: Tokyo, Chicago, Hoffman, San Jose , California, Antwerp, Belgium

Biles, a seven-time Olympic and 25-time world medallist, showed off routines on all four apparatus in podium training on Friday ahead of Saturday’s Core Hydration U.S. Classic in Hoffman Estates, Illinois. All is good.”The 2016 Olympic all-around champion took more than a year off training after the Tokyo Games, but her routines show no signs of a slowdown. “She looks amazing,” fellow Tokyo team mate and Tokyo Olympics all-around champion Sunisa Lee said of Biles after Friday’s training session. Biles is the most decorated gymnast at Saturday’s two-session competition, but the women’s line-up is stacked, sharing a combined 55 Olympic and world medals according to gymnastics podcast Gymcastic. Along with Biles and Lee, other notable competitors include 2020 Olympic floor exercise champion Jade Carey, 2020 Olympic team silver medallist Jordan Chiles, and Leanne Wong, 2021 world all-around runner-up.

Persons: HOFFMAN, Simone Biles, ”, Biles, “, Sunisa Lee, ” Biles, Cecile Landi, Laurent, Lee, Jade Carey, Jordan Chiles, Leanne Wong, Pritha Sarkar Organizations: Tokyo, Tokyo Games, Tokyo Olympics, U.S, National Team Camp, Thomson Locations: , Illinois, Chicago, Hoffman Estates , Illinois, Texas, Tokyo

☆ Simone Biles stepped away from ‘corrosive’ gymnastics for mental health. Now she’s back
▼ + stars: | 2023-08-04 | by ( Savanna Stewart | ) edition.cnn.com time to read: +10 min

“We’ve never seen an athlete like Simone Biles,” Ryan said. And yet that sport was corrosive enough and abusive enough that she really had to step away for her own mental health,” added Ryan. “I have to focus on my mental health and not jeopardize my health and well-being.”Biles was replaced in the all-around final by Jade Carey, who had finished ninth in the qualifying round. More than 150 athletes, including Biles, said that the former USA Gymnastics team doctor sexually abused them under the guise of providing medical treatment. “I think this just really shows the lack of leadership of USA Gymnastics and the United States Olympic Committee.”However, there is hope that a brighter future is in store for USA Gymnastics.

Persons: –, “, Joan Ryan, ” Ryan, Ryan, ” Simone Biles, Biles, “ We’ve, Simone Biles, ”, ” Biles, Jade Carey, Carey, Jamie Squire, Simone, ” Carey, Ryan’s, Dmitri Lovetsky, ’ ” Ryan, Larry Nassar, Nassar, …, McKayla Maroney, Aly Raisman, Maggie Nichols, General's, Saul Loeb, Jake Tapper, ” Raisman, Jill Geer, Gabby Douglas, Suni Lee, ” Geer, Geer, Douglas — Ryan, “ It’s, you’ve, what’s Organizations: CNN, CNN Sport, Olympics, USA Gymnastics, Oregon State University, US Gymnastics Federation –, Tokyo, USA, United States Olympic, Paralympic, New York, United, Capitol, United States Olympic Committee, National Team, “, ”, US women’s Locations: Hoffman Estates , Illinois, Tokyo, United States, Washington, Biles, “, Paris

Summary Peso's informal value hits all-time low vs dollarAnnual inflation surges to 45%Plunge in peso value 'something horrible', says teacherHAVANA, Aug 2 (Reuters) - The Cuban peso was trading on the informal market at an all-time low of 230 to the dollar on Wednesday, slumping to half its value a year ago as consumers struggle with surging inflation and scarce goods, a widely watched tracker showed. The state considers the informal exchange rate, widely tracked via the independent news outlet El Toque, as illegal, but it has been unable to shut it down. The state officially pegs the local currency at 120 pesos to the dollar, but it has few to exchange. The weakening informal rate was similar to a fall in the government’s electronic equivalent, which residents must use to purchase goods at state stores that are relatively well-stocked compared with peso outlets. Prices grew 39% last year, a figure many economists say underestimates the rate as it does not adequately account for a growing informal market.

Persons: HAVANA, Bert Hoffman, Alejandro Gil, May, Sonia Nunez, Gil, Mario Fuentes, Christian Plumb, Conor Humphries Organizations: Cuban, German Institute of Global, Communist, Economy, Thomson Locations: America, Hamburg, Cuban, Havana

CNN —Golf’s power structure took a sharp shift to the players Tuesday when Tiger Woods was named as the sixth player director on the powerful PGA Tour policy board. The move gives the players a one-seat advantage on the board after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf. Five of the policy board members are independent directors, with professional backgrounds in law and business. “I am honored to represent the players of the PGA TOUR. Many elite PGA golfers accepted highly lucrative offers from LIV Golf, including Phil Mickelson, Dustin Johnson, Sergio Garcia and Bubba Watson.

Persons: Tiger Woods, LIV Golf, ” Woods, Jay, Monahan, Woods, Rory McIlroy, Webb Simpson, Patrick Cantlay, Charley Hoffman, Peter Malnati, McIlroy, LIV, “, Golf, Phil Mickelson, Dustin Johnson, Sergio Garcia, Bubba Watson, Sen, Richard Blumenthal, Greg Norman, ” Monahan, Colin Neville, Neville, Ben Morse Organizations: CNN, Tour, PGA Tour, LIV, PGA, Washington Post, Saudi Public Investment Fund, Capitol Hill, Saudi, Premier Golf League Locations: Saudi, Connecticut

☆ Oregon’s Hard-Drug Decriminalization Policy Is a Disaster - The New York Times
▼ + stars: | 2023-08-01 | by ( Bret Stephens | ) www.nytimes.com time to read: +1 min

How soon is too soon to call a progressive and libertarian policy obsession a public policy fiasco? In the case of Oregon’s Drug Addiction Treatment and Recovery Act, better known as Measure 110, the moment can’t come soon enough. The Drug Policy Alliance, which spent millions to help pass the measure, called it “the biggest blow to the drug war to date” and celebrated its supposed success in a slick video. “Often, she says, someone is passed out in front of the lobby’s door, blocking her entrance. The other day, a man lurched in, lay down on a Forte couch, stripped off his shirt and shoes and refused to leave.”

Persons: “, Jennifer Myrle, Jan Hoffman, Jordan Gale, ” Organizations: Drug Policy Alliance, Forte Portland Locations: Oregon, Forte

Tiger Woods wipes his driver grip on the 18th tee box during the first round of the PGA TOUR Champions PNC Championship at The Ritz-Carlton Golf Club on December 17, 2022 in Orlando, Florida. Ben Jared | PGA Tour | Getty ImagesThe PGA Tour on Tuesday said Tiger Woods would join its policy board, a concession meant to give players more input and oversight as negotiations continue for its controversial deal with Saudi-backed LIV Golf. Woods joins the board less than a month after former AT&T CEO Randall Stephenson resigned due to concerns regarding the Saudi investment. Until the proposed deal was announced, the PGA Tour and LIV were embroiled in antitrust lawsuits – lobbed at each other – as players left the tour for big paydays at LIV. The proposed deal has been met with ire and confusion from lawmakers, members of the tour and fans.

Persons: Woods, Ben Jared, Tiger Woods, LIV, Randall Stephenson, LIV Golf, Saudi Crown Prince Mohammed bin Salman, Patrick Cantlay, Charley Hoffman, Peter Malnati, Rory McIlroy, Webb Simpson, Monahan, Christian Petersen Organizations: PGA, PNC, Ritz, Carlton Golf Club, Saudi, Saudi Arabia Public Investment Fund, Saudi Crown, Augusta National Golf Club, Getty Locations: Orlando , Florida, Saudi, LIV, Augusta , Georgia

☆ Woods joins PGA Tour's policy board as player director
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +3 min

"Tiger's voice and leadership throughout his career have contributed immeasurably to the success of the PGA Tour, and to apply both to our governance and go-forward plan at this crucial time is even more welcomed and impactful," said PGA Tour Commissioner Jay Monahan. "I am honoured to represent the players of the PGA Tour," Woods, who is recovering from ankle surgery in April, said in a news release. The announcement comes nearly two months after the golf world was left stunned by the announcement of a framework agreement between the PGA Tour and Saudi Arabia's Public Investment Fund, which controls LIV Golf. According to the PGA Tour, the players and Monahan will work together to amend the Policy Board's governing documents to make it clear that no major decision can be made without the involvement and approval of the player directors. Reporting by Frank Pingue in Toronto Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Woods, Mike Blake, Patrick Cantlay, Charley Hoffman, Peter Malnati, Rory McIlroy, Webb Simpson, Jay Monahan, LIV, Monahan, Colin Neville, Scottie Scheffler, Jon Rahm, Japan's Hideki Matsuyama, Jason Day, Adam Scott, Frank Pingue, Christian Radnedge Organizations: Golf, Reuters, PGA, Saudi Arabia's Public Investment Fund, PGA Tour, PIF, Thomson Locations: Augusta , Georgia, U.S, Toronto

For the past two and a half years, Oregon has been trying an unusual experiment to stem soaring rates of addiction and overdose deaths. The aim is to reserve prosecutions for large-scale dealers and address addiction primarily as a public health emergency. But its street population was growing, especially after the anti-police protests that had spread around the country that summer. Since then, Oregon’s overdose rates have only grown. Some politicians and community groups are calling for Measure 110 to be replaced with tough fentanyl possession laws.

Organizations: Oregon voters Locations: Oregon, Portland

☆ We're constructive on U.S. stocks but global stocks are still the 'major opportunity,' Citi says
▼ + stars: | 2023-07-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're constructive on U.S. stocks but global stocks are still the 'major opportunity,' Citi saysRobert Hoffman of Citi Private Bank says there's likely to be a shift away from the "Magnificent Seven" stocks to the small-caps and mid-caps in the second half of the year.

Persons: Robert Hoffman, there's Organizations: Citi, Citi Private Bank

☆ I'm a generative AI startup founder who got into Y Combinator this year. But I turned them down for Neo, another smaller accelerator program. Here's why.
▼ + stars: | 2023-07-25 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +5 min

Here's why my cofounder and I decided to go with Neo and turned down a spot in Y Combinator. We also worked at another YC company, Fractional, after that too. So we changed ideas, and I think YC was maybe not too happy about that. I do think YC, outside of Silicon Valley, is still a bigger name, and there's a huge number of unicorns that have come out of there. If you're a B2B company, YC is probably a better buy, because YC's network can be great for finding new customers.

Persons: Combinator, Wesley Tian, Ali Partovi, scrappy, Neo's, Reid Hoffman, Erik Goldman Organizations: YC Locations: Aragon, Silicon Valley, Oregon

☆ Tony Bennett, crooner who sang ‘I Left My Heart in San Francisco,’ dies at 96
▼ + stars: | 2023-07-21 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +16 min

CNN —Legendary singer Tony Bennett, best known for singing “I Left My Heart in San Francisco,” has died, according to his longtime publicist, Sylvia Weiner. From Tony Bennett Bennett was discovered by Bob Hope while performing at a New York City club in 1949. In 1963, his recording of "I Left My Heart in San Francisco" won Grammy Awards for record of the year and best solo vocal performance. ABC Photo Archives/Walt Disney Television/Getty Images Bennett and San Francisco Mayor Dianne Feinstein hang onto the outside of a San Francisco cable car before taking a test ride in 1984. His performance of “I Left My Heart in San Francisco” won Grammys for best record and best male vocal performance.

Persons: Tony Bennett, “, ”, Sylvia Weiner, Bennett, Bob Hope, Frank Sinatra, Lady Gaga, ” Bennett, he’d, CNN’s Larry King, Susan Benedetto, Danny, Dae Bennett, Johanna Bennett, Antonia Bennett, Paul McCartney, Larry Busacca, Anthony Benedetto, Tony Bennett Anthony Dominick Benedetto, Hope, ‘, ’, ‘ Anthony Dominick Benedetto, ’ ” Tony Bennett, Virginia Sherwood, Anthony Dominick Benedetto, John, Mary, John Jr, Tony Bennett Bennett, Bill Randall applauds, Patricia, D'Andrea, Daegal, Pat, collie, David McLane, Sammy Davis Jr, David Redfern, Louis Armstrong, Charlie Ley, Sandra, Malcolm MacNeil, Mirrorpix, Joanna, Howard Cosell, Dianne Feinstein, Feinstein, Jeff Reinking, David Letterman, Richard Drew, Patti LaBelle, Hans Deryk, Mark J, Terrill, Elton John, Scott Gries, Madame Tussaud's, Kevork, Tim Mosenfelder, Fernando Leon, Tina Turner, Robert Redford, Julie Harris, Suzanne Farrell, Scott Suchman, Kevin Winter, Billy Joel, York's Shea, Kevin Mazur, Duke Ellington, Brendan Hoffman, Stevie Wonder, Shahar Azran, Amy Winehouse, Kevork Djansezian, Susan, Michael Loccisano, Sean Zanni, Ball, Tony, San Francisco ”, …, ’ ” Bennett, NPR’s Terry Gross, it’s, Clinton, JP Yim, you’re, “ It’s, Danny Bennett, kd, Elvis Costello, “ Tony Bennett, Jack Benny, Charlie Chaplin, Walt Disney, Gary Gershoff, –, Sinatra, Jon Bon Jovi, Bono, ” Sinatra, “ Larry King, Ella Fitzgerald, Ella, Bing Crosby, “ Cheek, Cheek, Alzheimer’s Organizations: CNN, MTV, Recording Academy, Los Angeles Convention Center, Paramount, NBCU, Bank, Getty, Facebook, Columbia Records, Bettmann, Patrick's, NY, Smithsonian, Daily, Hulton, ABC, Walt Disney Television, San Francisco, United Nations, Super, Rainforest Foundation, New York's Carnegie Hall, San Francisco Giants, Kennedy, Apollo, New York's Radio City Music Hall, American Ballet, Children's Diabetes Foundation, Children's Diabetes, Radio City Music Hall, San, Clinton Global, New York Times, New York’s High, of Industrial Art, Kennedy Center, ”, AARP, Radio City Music, CBS Locations: San Francisco, New York, Los Angeles, Astoria , New York, Greenwich Village, New York City, Cleveland, St, Manhattan, Redferns, Washington , DC, View , California, Washington, Lady

The NYPD will pay $13 million to settle allegations of widespread brutality at George Floyd protests in 2020. An image from citizen cellphone video compiled in a class action lawsuit alleging NYPD misconduct during George Floyd protests in the summer of 2020. An image from citizen cellphone video compiled in a class action lawsuit alleging NYPD misconduct during George Floyd protests in the summer of 2020. An image from citizen cellphone video compiled in a class action lawsuit alleging NYPD misconduct during George Floyd protests in the summer of 2020. Complicating this, the NYPD brought in officers from specialized units that more typically handle terrorism or riot situations, Cohen said.

Persons: George Floyd, Elena Cohen, Cohen, Mott, Plaintiff Dara Pluchino, Pluchino, Wylie Stecklow, Gideon Orion Oliver, Beldock Levine, Hoffman, Mott Haven kettling Organizations: Service, NYPD, New, Cohen & Green, Barclay Center, Police, Barclay, Force, Research, Human Rights Watch Locations: Wall, Silicon, New York City, York City, Mott Haven, Bronx, Queens , New York, Brooklyn

☆ MLB: Chicago White Sox at New York Mets
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +10 min

Cardinals starter Dakota Hudson allowed two runs on five hits in three innings. Marlins starting pitcher Sandy Alcantara (3-9) allowed four runs on eight hits and two walks in six innings. Red Sox starter Brayan Bello (7-6) took the loss, pulled after allowing all six Oakland runs and five hits in four innings. Mets 5, White Sox 1Justin Verlander tossed eight solid innings and Brett Baty homered for a second straight game as host New York beat Chicago. Nick Castellanos hit a solo home run and Kyle Schwarber added a two-run single for the Phillies, who had their four-game winning streak end.

Persons: Chase Silseth, Gary A, Vasquez, Taylor Ward, Luis Rengifo, Carlos Rodon, Giancarlo Stanton, Franchy Cordero, Rodon, Nolan Gorman, Louis, Gorman, Dakota Hudson, Zack Thompson, Chris Stratton, Sandy Alcantara, JJ Bleday, Cody Thomas, Jace Peterson, Lucas Erceg, Angel Felipe, Sam Long, Trevor, Brayan Bello, Yu Darvish, Manny Machado, Steven Wilson, Nick Martinez, Josh Hader, Jose Berrios, Justin Verlander, Brett Baty, Baty, Francisco Alvarez, Luis Guillorme, Brandon Nimmo, Luis Robert Jr, Touki Toussaint, Ryne Nelson, Nick Ahmed, Christian Walker, Marcell Ozuna, Austin Riley, Charlie Morton, Jonah Heim, Jon Gray, Gray, Man Choi, Jared Triolo, Jack Suwinski, Nick Gonzales, Ryan Borucki, Josh Bell, Amed Rosario, Sam Hentges, Ramon Urias, Gunnar Henderson, Urias, Henderson, Danny Coulombe, Felix Bautista, Max Muncy, James Outman, Julio Urias, Chas McCormick, Jake Meyers, Brandon Bielak, C.J . Cron, Austin Gomber, William Contreras, Blake Perkins, Hoby Milner, Nick Castellanos, Kyle Schwarber, Jeff Hoffman, Will Benson, Graham Ashcraft, Ashcraft, Blake Sabol, Ross Stripling, Miguel Cabrera, Eduardo Rodriguez, Cabrera's, Detroit's Javier Baez, Riley Greene, Rodriguez, Jason Foley, Alex Lange, Kansas City's Ryan Yarbrough, Nico Hoerner's, Mike Tauchman, Yan Gomes, Mason Thompson, Cory Abbott, Trevor Williams, Max Kepler, Edouard Julien, Alex Kirilloff, Kenta Maeda, Emilio Pagan, Jhoan Duran, Tom Murphy, Eugenio Suarez, Andres Munoz Organizations: Los Angeles Angels, New York Yankees, Angel, Wednesday, Triple, Angels, Yankees, Cardinals, Marlins, Dakota, Athletics, Red Sox, Oakland, Boston, Padres, Blue Jays, San Diego, Toronto, Jays, Mets, White Sox, New York, Chicago, Atlanta Braves, Diamondbacks, Braves, Atlanta, Arizona, Rangers, Rays, Tampa Bay, The Rangers, American League East, AL West, Pirates, Pittsburgh, Cleveland, Guardians, Orioles, Dodgers, Astros, Rockies, Houston, Colorado, Austin, Brewers, Phillies, Four Brewers, Reds, Giants, Cincinnati, San, The Reds, Milwaukee Brewers, Tigers, Royals, Detroit, Kansas City, cramp, Cubs, Washington, Mariners, Minnesota, Twins, Thomson Locations: Anaheim , California, USA, Anaheim , Calif, Silseth, Miami, Toronto, Arizona, Texas, Baltimore, Los Angeles, Angeles, Denver, Colorado, C.J, Milwaukee, Philadelphia, San Francisco, Kansas, Chicago, Seattle

☆ Biden's age is his 'superpower' in 2024, Jeffrey Katzenberg says
▼ + stars: | 2023-07-18 | by ( Nandita Bose | ) www.reuters.com time to read: +4 min

Katzenberg, in a telephone interview, described Biden as "energetic" and "effective," and suggested Republican attacks on his age will backfire. "President Biden's age is, in fact, his superpower," Katzenberg said. Some Democrats expect such attacks on Biden's age and family will increase in 2024. Former Disney executive Katzenberg's opinion is likely to be reflected in Biden's campaign in the months to come. Biden's campaign had four members on the payroll and spent a total of $1.1 million in the first three months since launch.

Persons: Jeffrey Katzenberg, Joe Biden, Biden, Katzenberg, Nikki Haley, Ted Cruz, Kamala Harris's, Biden's, Donald Trump, Simon Rosenberg, Barack Obama, Reid Hoffman, it's, Nandita Bose, Trevor Hunnicutt, Heather Timmons, Michael Perry Organizations: Republican, Republicans, Trump, Democratic, Disney, Katzenberg, Linkedin, Biden, Fund, Thomson Locations: U.S, Washington

☆ Microsoft goes beyond OpenAI, makes Meta's new A.I. model available to Azure customers
▼ + stars: | 2023-07-18 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

But Microsoft is making clear that it's not strictly an OpenAI shop when it comes to generative AI. On Tuesday at its Inspire conference, the company said it's making Meta's new AI large language model, dubbed Llama 2, available on its Azure cloud computing service. Meta said in a blog post that Microsoft is its "preferred partner" for its Llama 2 software, which is available for free for companies and researchers. "Meta and Microsoft share a commitment to democratizing AI and its benefits and we are excited that Meta is taking an open approach with Llama 2," Microsoft said. Llama 2 will also be available through Amazon Web Services and Hugging Face, a popular service used by AI researchers.

Persons: Meta, Mark Zuckerberg, Reid Hoffman Organizations: Microsoft, Inspire, Companies, Meta, Amazon Web Services, OpenAI Locations: OpenAI

"High level, we want this to become something like your personal AI friend," said developer Div Garg, whose company MultiOn is beta-testing an AI agent. The race towards increasingly autonomous AI agents has been supercharged by the March release of GPT-4 by developer OpenAI, a powerful upgrade of the model behind ChatGPT - the chatbot that became a sensation when released last November. GPT-4 facilitates the type of strategic and adaptable thinking required to navigate the unpredictable real world, said Vivian Cheng, an investor at venture capital firm CRV who has a focus on AI agents. OpenAI itself is very interested in AI agent technology, according to four people briefed on its plans. There are at least 100 serious projects working to commercialize agents, said Matt Schlicht, who writes a newsletter on AI.

Persons: Siri, Alexa, Tony Stark's, Kanjun Qiu, Reid Hoffman, Mustafa Suleyman, Qiu, OpenAI, Vivian Cheng, CRV, Aravind Srinivas, Jarvis, Yoshua Bengio, Satya Nadella, Apple's Siri, it's, Google, Edward Grefenstette, Jason Franklin, WVV Capital, Hesam Motlagh, Matt Schlicht, Anna Tong, Jeffrey Dastin, Kenneth Li Organizations: Microsoft, Google, U.S . Federal Trade Commission, Reuters, FTC, OpenAI's, Financial Times, Amazon, Alexa, Investors, WVV, Google Ventures, Entrepreneurs, Thomson Locations: Silicon, Jarvis, GPT, Cognosys, San Francisco, Palo Alto

☆ A.I. is a $1 trillion investment opportunity but will be 'biggest bubble of all time,' CEO predicts
▼ + stars: | 2023-07-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023. Artificial intelligence will be the biggest bubble of all time, according to the CEO of open-source AI company Stability AI. Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of artificial intelligence: "I think this will be the biggest bubble of all time." "I call it the 'dot AI' bubble, and it hasn't even started yet," he said. Stability AI is the company behind Stable Diffusion, one of the other more popular generative AI tools aside from OpenAI.

Persons: Emad Mostaque, hasn't, chatbot, Google Bard, Microsoft Bing, Mostaque, Reid Hoffman Organizations: Bloomberg Technology Summit, UBS, Coatue, Lightspeed Venture Partners, Mostaque, Google, Microsoft Locations: San Francisco , California, U.S

☆ MLB roundup: Rockies stun Yanks in bottom of 11th
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +10 min

Mandatory Credit: Isaiah J. Downing-USA TODAY SportsJuly 17 - Alan Trejo hit a walk-off homer in the 11th inning, C.J. Cron hit a grand slam, and the Colorado Rockies rallied to beat the New York Yankees 8-7 in Denver on Sunday. Cabrera and Gleyber Torres each had two hits for New York in the rubber game of a three-game series. Robert finished with three RBIs, and Andrew Benintendi added three hits, three runs and an RBI for the White Sox. Paul Goldschmidt hit a two-run homer for the Cardinals, who took two of three games for their second straight series win.

Persons: Alan Trejo, Isaiah J, Downing, Cron, Oswaldo Cabrera, Oswald Peraza, Nolan Jones, Nick Ramirez, Ramirez, Ron Marinaccio, Trejo, Michael Toglia, Jones, Gavin Hollowell, Cabrera, Gleyber Torres, Alex Bregman, Kyle Tucker, Chas McCormick, Jake Meyers, Rafael Montero, Phil Maton, Shohei, Tucker, Los Angeles, Jaime Barria, Bregman's, Luis Guillorme, Mark Canha, Brett Baty, Nick Robertson, Guillorme, Freddie Freeman, David Robertson, James Outman, Michael Conforto, Patrick Bailey, Alex Wood, Ryan Walker, Bryan Reynolds, Henry Davis, Jared Triolo, Yerry De Los Santos, Kyle Bradish, Bradish, Anthony Santander, Johnny Cueto, Luis Robert Jr, Jake Burger, Robert, Andrew Benintendi, Matt Olson, Josh Jung, Will Smith, Cody Bradford, Trevor Stephan, Cleveland's Steven Kwan, Vladimir Guerrero's, Danny Jansen, Santiago Espinal, Kevin Kiermaier, Jansen, George Springer, Ketel Marte, Lourdes Gurriel Jr, Christian Yelich, Devin Williams, Matt McLain, Kyle Schwarber, Edmundo Sosa, Schwarber, Bryson Stott, Bryce Harper, Brandon Marsh, Stott, Jeff Hoffman, Seong Kim, Xander Bogaerts, Fernando Tatis Jr, Trent Grisham, Bobby Witt Jr, Drew Waters, Brady Singer, Zach Eflin, Singer, Eflin, Nolan Gorman, Louis, Paul Goldschmidt, Jack Flaherty, Josiah Gray, Dominic Smith, Keibert Ruiz, Masataka Yoshida, Kutter Crawford, Yoshida, Rafael Devers, Casas, Crawford, Mike Tauchman, Alex Kirilloff, Kirilloff, Zack Gelof, Minnesota's Jhoan Duran, Bryce Miller, Miller, Cal Raleigh, J.P, Reese Olson Organizations: Colorado Rockies, New York Yankees, Coors Field, USA, Sunday, Yankees, New York, Astros, Angels, Houston, Los, Mets, Dodgers, New, Los Angeles, The Dodgers, Giants, Pirates, San, Pittsburgh . Giants, Orioles, Marlins, Baltimore, Sox, Braves, Chicago, White Sox, NL, Atlanta, Rangers, Cleveland, Blue Jays, Diamondbacks, Toronto, Santiago, Brewers, Reds, Milwaukee, Cincinnati, National League Central, Phillies, Padres, Philadelphia, San Diego, Royals, Rays, Kansas City, Tampa, The Rays, Tampa Bay, Cardinals, Nationals, Red Sox, Cubs, Boston, Athletics, Oakland, Mariners, Tigers, Seattle, Detroit, Cal, Thomson Locations: Denver , Colorado, USA, C.J, Denver, Colorado, Los Angeles, Anaheim , Calif, Los, New York, San Francisco, Pittsburgh, Miami, Atlanta, Oakland, Texas, Arlington , Texas, Arizona, Kansas, Tampa Bay, Washington, Red, Minnesota

☆ Google's top AI researchers, including all the authors behind a landmark paper, have left for competitors. Here's where they are now.
▼ + stars: | 2023-07-13 | by ( Thomas Maxwell | Hugh Langley | ) www.businessinsider.com time to read: +13 min

Top AI researchers have been leaving for startups where their work can have more impact. That frustration over Google's slow movement has been corroborated by other former Google researchers who spoke to Insider. Niki Parmar left Google Brain after five years to serve as a cofounder and CTO of Adept, though in November, she left to found a stealth startup. Lukasz Kaiser left Google Brain after working there for more than seven years to join OpenAI in 2021. Sharan Narang, another contributor to the T5 paper, left Google Brain in 2022 after four years there.

Persons: it's, Llion Jones, OpenAI's, ChatGPT, Sundar Pichai, Bard, Daniel De Freitas, Noam Shazeer, Ilya Sutskever, Sutskever, OpenAI, Ashish Vaswani, Niki Parmar, Jakob Uszkoreit, Aidan Gomez, Nick Frosst, Lukasz Kaiser, Kaiser, Illia Polosukhin, Meena, De Freitas, Romal Thoppilan, Character.AI, LaMDA, Elon Musk, Character.ai, Winni Wintermeyer, Thoppilan, Alicia Jin, BERT BERT, BERT, Jacob Devlin, Colin Raffel, Raffel, Sharan Narang, He's, Azalia Mirhoseini, Anna Goldie, Mirhoseini, Goldie, Claude, DeepMind Mustafa Suleyman, Mustafa Suleyman, DeepMind, Suleyman, Reid Hoffman Organizations: Google, Bloomberg, New York Times, Microsoft, Street Journal, Neural Networks, OpenAI, YouTube, Elon, UNC Chapel Hill, Meta, Anthropic, Society Locations: ChatGPT, Character.AI, DeepMind

Writing for a comedy seriesJeremy Allen White and Ayo Edebiri in "The Bear." Chuck Hodes/FXBill Hader, "Barry" — Wow"Christopher Storer, "The Bear" – "System" — WINNERMekki Leeper, "Jury Duty" — "Ineffective"John Hoffman, Matteo Borghese, Rob Turbovsky, "Only Murders in the Building" — "I Know Who Did It"Chris Kelly, Sarah Schneider, "The Other Two" — "Cary & Brooke Go to an AIDS Play"Brendan Hunt, Joe Kelly, Jason Sudeikis, "Ted Lasso" — "So Long, Farewell"

Persons: Jeremy Allen White, Chuck Hodes, Bill Hader, Barry, Christopher Storer, Mekki Leeper, John Hoffman, Matteo Borghese, Rob Turbovsky, Chris Kelly, Sarah Schneider, Cary, Brooke Go, Brendan Hunt, Joe Kelly, Jason Sudeikis, Ted Lasso

☆ Inflection A.I.'s Reid Hoffman: A.I. is the new industrial revolution, the 'cognitive revolution'
▼ + stars: | 2023-07-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflection A.I. 's Reid Hoffman: A.I. is the new industrial revolution, the 'cognitive revolution'CNBC's Julia Boorstin sits down with LinkedIn Co-Founder Reid Hoffman in Sun Valley, Idaho to talk his A.I. investments, the future of the A.I. space and more.

Persons: Reid Hoffman, Julia Boorstin Organizations: LinkedIn Locations: Sun Valley , Idaho

☆ A little-known Russian spy agency left feces in the suitcases of diplomats as its calling card, report says
▼ + stars: | 2023-07-08 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +3 min

A mysterious Russian spy agency left unsettling calling cards for US targets, the Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The Russian Department for Counterintelligence Operations, or DKRO, is a secretive organization that operates under the FSB, Russia's security agency. They know us extremely well," Dan Hoffman, a former Central Intelligence Agency station chief in Moscow, told the Journal. American officials told the Wall Street Journal the DKRO was likely behind the arrest of Gershkovich, who has now been imprisoned in Russia for more than 100 days.

Persons: Evan Gershkovich, They've, Dan Hoffman, Gershkovich, Paul Whelan, Trevor Reed, Whelan, Reed Organizations: Service, Wall Street Journal, Russian Department for Counterintelligence Operations, Central Intelligence Agency, Wall Street, Journal, American Locations: Russian, Wall, Silicon, American, America, Moscow, Russia

Search resuls for: "" Hoffman"

25 mentions found