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☆ Become an effective communicator: A CNBC Make It course
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: 1 min

CNBC Make It is launching a new digital course, which will teach you how to communicate effectively. In this course, you'll learn how to speak clearly and confidently, calm your nerves and deliver your message to achieve your goals. The full course will be live starting May 22, 2024. Preregister today and save 30% with a limited-time introductory offer. The course is hosted by CNBC Make It success reporter Ashton Jackson and features speech consultant and author John Bowe, CEO and cofounder of Quantified.ai Noah Zandan, and licensed psychotherapist Chamin Ajjan as instructors.

Persons: Ashton Jackson, John Bowe, Noah Zandan, Chamin Ajjan Organizations: CNBC Locations: Preregister

☆ Dell surges 9% on optimism it has secured big AI server orders
▼ + stars: | 2024-05-15 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Dell is seeing accelerating momentum, especially in winning business to build AI servers, unlocking a new bull case for the stock, Morgan Stanley analyst Erik Woodring wrote in a note on Wednesday. "All-in, we are hearing about more AI server momentum at Dell than at any other OEM," Woodring wrote, saying that he expected about $10 billion of AI server revenue in the company's fiscal 2025 — ending next February. Most AI servers are built around Nvidia's chips which have become prized in the technology industry because they are used to build and deploy advanced AI models from companies like Google , OpenAI and Meta . Dell sells servers using the newest Nvidia AI chips, including its H100 GPU and the latest Blackwell-generation chips. But the PC industry is on course to grow again and is outperforming lowered expectations, Woodring wrote, which will benefit Dell.

Persons: Michael Dell, Morgan Stanley, Erik Woodring, Woodring, Wednesday's, Jensen Huang, Huang, Michael, Dell Organizations: Dell Technologies, Mobile, Dell, Hewlett Packard Enterprise, Google, Meta, Blackwell, Nvidia, Microsoft Locations: Barcelona, Spain

☆ Apple is letting you control your iPhone and iPad with your eyes
▼ + stars: | 2024-05-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Eye Tracking will let users control their iPhones and iPads by noticing where they look. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementApple will soon let iPad and iPhone users control their devices with a glance of their eyes. The feature uses the front-facing camera to set up and calibrate, though Apple notes it doesn't access or share any data. This story is available exclusively to Business Insider subscribers.

Persons: There's, —, Apple Organizations: Apple, Global, Service, Business

☆ Google unveils new AI models
▼ + stars: | 2024-05-15 | 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 EmailGoogle unveils new AI modelsCNBC's Steve Kovach joins 'Squawk Box' to discuss the latest products unveiled at Google's annual developers conference, I/O.

Persons: Steve Kovach Organizations: Google

☆ Harbor Lab, a Greek startup trying to help ships manage port costs, just raised $16 million using this 10-slide pitch deck
▼ + stars: | 2024-05-15 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Harbor Lab, which aims to help the shipping industry streamline port costs, has raised funding. Founded in 2020 in Athens, the startup has brought in a $16 million Series A led by Atomico. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHarbor Lab, a startup that aims to help the shipping industry reduce costs related to entering port, has raised $16 million in Series A funding.

Persons: Atomico, — Organizations: Service, Harbor Lab, Business Locations: Athens

☆ CNBC Daily Open: Nasdaq at record high; Google boosts AI ambitions
▼ + stars: | 2024-05-15 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Meme craze coolsShares of GameStop and AMC rose on Tuesday, extending Monday's gains after "Roaring Kitty" made a reappearance. Shares, however, gave up some of their earlier gains, suggesting enthusiasm for the so-called meme stocks was fading. Powell: Inflation falling slowlyFederal Reserve Chair Jerome Powell said inflation was not slowing as quickly as anticipated, requiring the central bank to maintain its current interest rates for longer.

Persons: Jerome Powell, Powell, Australia's, CNBC's Yun Li Organizations: Google Gemini, CNBC, Nasdaq, Dow Jones, Treasury, GameStop, AMC, Biden, Sony, China's CSI, AMC Entertainment Locations: Brussels, Belgium, China, Amsterdam, Asia, Pacific, Hong Kong, South Korea

☆ CNBC Daily Open: Nasdaq closes at record high; Google launches new AI model
▼ + stars: | 2024-05-15 | by ( Abid Ali | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The Nasdaq rose to a record close, while the Dow Jones Industrial Average added 126 points. Meme craze coolsShares of GameStop and AMC rose on Tuesday, extending Monday's gains after "Roaring Kitty" made a reappearance. Shares, however, gave up some of their earlier gains, suggesting enthusiasm for the so-called meme stocks was fading. Powell: Inflation falling slowlyFederal Reserve Chair Jerome Powell said inflation was not slowing as quickly as anticipated, requiring the central bank to maintain its current interest rates for longer.

Persons: Jerome Powell, Alibaba, Powell, CNBC's Yun Li Organizations: CNBC, Nasdaq, Dow Jones, Treasury, GameStop, AMC, Biden, AMC Entertainment Locations: Hangzhou, New York, China, Amsterdam

☆ News publishers sound alarm on Google’s new AI-infused search, warn of ‘catastrophic’ impacts
▼ + stars: | 2024-05-15 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

In other words, users will soon no longer have to click on the links displayed in search results to find the information they are seeking. Why spend time clicking on a link when Google has already scoured the internet and harvested the relevant information with its A.I.? Coffey, whose organization represents more than 2,000 news publishers and has taken an aggressive posture toward A.I. This time with a product that directly competes with our content, using our content to fuel it. Most recently, it drew scorn after temporarily blocking some California news outlets from search results in response to a bill that would force it to pay publishers.

Persons: —, ” Danielle Coffey, Coffey, newsrooms, OpenAI, ChatGPT, Mark Zuckerberg, “, we’ll, ” Marc McCollum Organizations: New York CNN, Google, News / Media Alliance, Big Tech, The New York Times Locations: New York, California

☆ Stocks making the biggest moves premarket: AMC, GameStop, Boeing, Dell and more
▼ + stars: | 2024-05-15 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

AMC Entertainment , GameStop — AMC and GameStop shares posted fell in early morning trading as momentum fizzled from the meme stock craze , which was reignited Monday by a social media reappearance from "Roaring Kitty." GameStop shares slid 6%. Boeing — The airplane manufacturer's shares slid 1.1% after the Justice Department said Boeing violated a 2021 settlement related to its two fatal 737 Max crashes, exposing the company to potential U.S. prosecution. SunPower — The solar stock dropped 22.3%, giving back some of its 59% surge from the prior session. On Wednesday, however, Wolfe Research downgraded the stock underperform from peer perform, noting SunPower the "most extreme example of the meme stock resurgence" within clean technology names.

Persons: Lien, Max, Nio, Dell, Morgan Stanley, Wolfe, —, Alex Harring, Fred Imbert, Jesse Pound Organizations: AMC Entertainment, GameStop, AMC, Boeing, Justice Department, JPMorgan, White House, Wolfe Research Locations: China

☆ Chuck Schumer and bipartisan group of senators unveil plan to control AI – while investing billions of dollars in it
▼ + stars: | 2024-05-15 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

It also instructs multiple Senate committees to come up with guardrails for AI to address some of its biggest risks, such as AI-enabled discrimination, job displacement and election interference. “Harnessing the potential of AI demands an all-hands-on-deck approach and that’s exactly what our bipartisan AI working group has been leading,” Schumer said Wednesday. “This roadmap represents the most comprehensive and impactful bipartisan recommendations on artificial intelligence ever issued by the legislative branch,” Young said Wednesday. Schumer has described regulating artificial intelligence as a challenge for Congress unlike any other, vowing a swift timeline measured in months, not years. But policy analysts, and some congressional aides, doubt whether Congress can pass significant legislation regulating AI in an election year.

Persons: Chuck Schumer, Schumer, ” Schumer, New Mexico Democratic Sen, Martin Heinrich, Republican Sens, Mike Rounds, Todd Young, ” Young, ” Organizations: CNN, European Union, National Security, Artificial Intelligence, New, New Mexico Democratic, Republican, South, Todd Young of Indiana, EU Locations: New York, New Mexico, South Dakota

Google I/O 2024 "should assuage fears over [Alphabet's] AI competitive position," analysts at Oppenheimer wrote in a research note to clients on Wednesday. Here's the full list of Alphabet's AI updates. "I was using Google Search versus using ChatGPT … [and] ChatGPT was so much more thorough than Google without ads. The next big question in AI: Who will Apple choose to partner with for its own AI features? Google CEO Sundar Pichai speaks at the Google I/O developer conference.

Persons: Goldman Sachs, Oppenheimer, Bard, Jim Cramer, Siri, Alexa —, Sundar Pichai, ChatGPT, Jim, Goldman, Jim Cramer's, Andrej Sokolow Organizations: Citi, Google, Wednesday, ChatGPT, Microsoft, Gmail, Gemini, Apple, Developers, CNBC, Getty

Six Flags stock has ticked up nearly 7% in 2024. The analyst reiterated an overweight rating on the stock as well as a $1,200 per share price target, implying more than 31% upside from Tuesday's close. The analyst has a buy rating on Nvidia with a $1,150 per share price target, or about 26% upside ahead. He also raised his price target on U.S.-listed shares to $5.40 per share from $4.80, though the new forecast calls for a 6% decline over the next year. NIO YTD mountain NIO YTD Lai had downgraded Nio to underweight in February due to slowing sales momentum.

Persons: Chris Woronka, Woronka, Brian Evans, John Vinh doesn't, NVDA, Vinh, Timothy Arcuri, Arcuri, — Brian Evans, Goldman Sachs, Alphabet's, Eric Sheridan, Sheridan, Oppenheimer, Jason Helfstein, GOOG, Helfstein, Brent Thill, Jefferies, Nick Lai, YTD Lai, Fred Imbert, ~$ ( ~$) Organizations: CNBC, JPMorgan, Deutsche Bank downgrades, Flags Entertainment, Deutsche Bank, Fair, Nvidia, Blackwell, UBS, Google, Gemini

☆ Reopen the NYC-Dublin livestreaming portal, you cowards! It was an example of tech bringing humans together.
▼ + stars: | 2024-05-15 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

The portal between New York City and Dublin — a giant video installation livestreaming between the two locations — has been shut down due to bad behavior. In fact, we should have portals all over the country, all over the world — connecting two random places. Currently, there's a portal between cities in Lithuania and Poland, but let's dream even bigger. Related storiesBut the portal is a case of technology that's just pure joy. The situation is what makes it different — video chatting technology is usually personal, used at home or in your office conference room.

Persons: It's, Yorkers, OnlyFans influencer, Ava Louise, Addison Rae's, Antonio Brown, Ye, Jeffree Starr, Phil Organizations: Service, Dublin, Business, Google Locations: New York City, Miami, Tokyo, Florence, Dubai, Delhi, Stockholm, Lithuania, Poland, Dublin, NYC, Covid

☆ OpenAI's flirty new GPT-4o is giving some people the ick
▼ + stars: | 2024-05-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

The new voice has been compared to the AI assistant in the 2013 film "Her," voiced by Scarlett Johansson. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Monday, OpenAI debuted a new AI model named GPT-4o, which uses native audio inputs and outputs. This story is available exclusively to Business Insider subscribers.

Persons: OpenAI, Scarlett Johansson, —, ChatGPT Organizations: Service, Business

☆ Nvidia gave CEO Jensen Huang a 60% pay hike to $34 million last year
▼ + stars: | 2024-05-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Nvidia CEO Jensen Huang received a $34.2 million compensation package in fiscal 2024. Huang's pay rose 60% from 2023, driven by Nvidia's stock surge amid demand for the company's AI chips. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNvidia CEO Jensen Huang got a huge payday last year thanks to strong demand for the company's AI chips. Huang, who is also a cofounder of Nvidia, received a $34.2 million compensation package for the fiscal year, which runs from February to January, the company's annual proxy filing shows.

Persons: Jensen Huang, —, Huang Organizations: Nvidia, Service, Business

☆ One of Y Combinator's newest AI startups landed $2.8 million in seed funding using this 5-slide pitch deck. We got an exclusive look.
▼ + stars: | 2024-05-15 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +1 min

Apriora's tech uses conversational AI to conduct job interviews. The startup, which just graduated from Y Combinator, raised a $2.8 million seed round. We got an exclusive look at the presentation Apriora used to raise its seed funding. AdvertisementJob seekers are already using ChatGPT to prepare for job interviews, and one startup is working to even the playing field by bringing AI tools to hiring managers. Apriora, a startup that uses conversational AI to conduct job interviews, just announced its $2.8 million seed funding round led by 1984 Ventures.

Persons: Y, —, Dan Gross Organizations: Service, 1984 Ventures, Pioneer Fund, Business Locations: HOF Capital

☆ Another top OpenAI exec just announced he's out, hours after Ilya Sutskever said he's leaving the company
▼ + stars: | 2024-05-15 | by ( Meghan Morris | ) www.businessinsider.com time to read: +3 min

Jan Leike, the co-lead of OpenAI's superalignment group, announced his resignation on Tuesday. Leike's exit follows the departure of Ilya Sutskever, OpenAI cofounder and chief scientist. Leike co-led OpenAi's superalignment group, a team that focuses on making its artificial intelligence systems align with human interests. Leike announced his departure hours after Ilya Sutskever, the other superalignment leader, said he was exiting. In a post on X, OpenAI cofounder Sam Altman said, "Ilya and OpenAI are going to part ways.

Persons: Jan Leike, OpenAI's, Ilya Sutskever, —, shakeup, Leike, OpenAi's, OpenAI, Sutskever, Sutskever's, Sam Altman, Ilya, Altman, Diane Yoon, Chris Clark, Yoon, Clark, Leopold Aschenbrenner, Pavel Izmailov, Daniel Kokotajlo, William Saunders Organizations: Service, Business Locations: OpenAI

☆ Apple looks kind of ridiculous right now
▼ + stars: | 2024-05-15 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Apple, though, has kept pretty quiet about its own AI ambitions so far — and it's increasingly obvious. "The buzz around AI, and specifically GenAI, has been so deafening that Apple is noticeable by omission," Dipanjan Chatterjee, vice president and principal analyst at Forrester, told Business Insider. Still, if the rumors about OpenAI or Gemini iPhone integration are true, this week's "strong announcements actually would bode well for Apple," William Kerwin, an analyst at Morningstar, said. AdvertisementThe analyst told BI that the new iPad rollout is simply an "appetizer to the real meat and potatoes" of Apple's AI strategy, expected to be announced at the WWDC in June.

Persons: —, Sam Altman's, Google's, Dipanjan Chatterjee, Forrester, Chatterjee, Gene Munster, it'd, Apple's, bode, William Kerwin, Siri, Dan Ives Organizations: Service, Big Tech, Business, Apple, Conference, Google, Deepwater Asset Management, Morningstar, Microsoft

☆ It was their job to make sure humans are safe from OpenAI's superintelligence. They just quit.
▼ + stars: | 2024-05-15 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

And the fact that there aren't such controls in place yet is a problem OpenAI recognized, per its July 2023 post. Our current techniques for aligning AI, such as reinforcement learning from human feedback , rely on humans' ability to supervise AI," read OpenAI's post. "But humans won't be able to reliably supervise AI systems much smarter than us, and so our current alignment techniques will not scale to superintelligence. AdvertisementLeike — who worked at Google's DeepMind before his gig at OpenAI — had big aspirations for keeping humans safe from the superintelligence we've created. "Maybe a once-and-for-all solution to the alignment problem is located in the space of problems humans can solve.

Persons: —, Sam Altman, Ilya Sutskever, Altman, Sutskever, he's, Jan Leike, Leike, OpenAI, superalignment, we're, Google's DeepMind, OpenAI — Organizations: Service, Business, OpenAI Locations: OpenAI

☆ Palo Alto nears a key test that could break it out of Wall Street's penalty box
▼ + stars: | 2024-05-15 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Shares of Palo Alto plunged 28% on Feb. 21, a session after the company delivered a more cautious outlook for the rest of 2024. The shift in business strategy requires Palo Alto to give customers its new services and products for free to demonstrate their many benefits. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance 2. The Club is focused on how much industry spend is going to Palo Alto versus competitors, but we're not concerned about demand for the company's offerings. In this photo illustration the Palo Alto Networks logo seen displayed on a smartphone and on the background.

Persons: Morgan Stanley, Sellers, Nikesh Arora, Palo, We'd, it's, PANW, Arora, Jim Cramer, We've, nudging, Stephen Vintz, we're, Jim, Jim Cramer's, Rafael Henrique Organizations: Palo Alto Networks, Wall Street, Palo, Tech, Barclays, Palo Alto, billings, Wall, Alto Networks, UnitedHealth Group, Change, Healthcare, Club, Microsoft, Vans, Corp, Caesars Entertainment, Securities, Exchange, US Fed, CNBC, Networks, Getty Locations: Palo Alto, U.S, Palo, billings, Palo Alto's, Alto

☆ Financial advisors don't need to fear artificial intelligence, Betterment’s Thomas Moore says
▼ + stars: | 2024-05-15 | by ( Kiley Lambert | ) www.cnbc.com time to read: +5 min

We heard that from a lot of financial advisors that are now our customers. The financial advisor space is growing now as much as it ever has, alongside the growth of the robo. A word we use a lot to describe the challenges in the financial advisor landscape is inertia. KL: Where are you seeing the most growth right now in your advisor business? KL: What do you see on the horizon in the financial advisor space?

Persons: Greg Hinsdale, Thomas Moore's, Moore, Kiley Lambert, Let's, Thomas Moore, that's, Charles ] Schwab, Ameritrade, That's, we've Organizations: Bank, Getty, Mangers Group, SEI, Vanguard Group, CNBC, Summit, Opportunity

☆ Here are Wednesday's biggest analyst calls: Nvidia, Netflix, Dell, GM, SunPower, Alphabet, Nio, Tesla, Exxon & more
▼ + stars: | 2024-05-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Wednesday: UBS reiterates Nvidia as buy UBS said it's standing by its buy rating heading into Nvidia earnings next week. Wells Fargo names Natera a top pick Wells said the fertilizer company is a new top pick at the firm. Morgan Stanley resumes Exxon as overweight Morgan Stanley resumed coverage of the stock and says it has "attractive growth at a compelling valuation." Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said it's bullish on shares of Palo Alto heading into earnings next week. Morgan Stanley names Dell a top pick Morga Stanley raised its price target on the stock and says it remains a best idea.

Persons: it's, Cantor Fitzgerald, Tesla, Canto, Tesla's, Wells, CTVA, KeyBanc, TD Cowen, Janus Henderson, Morgan Stanley, Palo, Bernstein, Mills, Campbell, underperform Bernstein, Wolfe, SunPower, Dell, Morga Stanley, Stephens, Truist, Oppenheimer, Will, DA Davidson Organizations: UBS, Nvidia, " Bank of America, Bank of America, Alphabet's, Google, JPMorgan, China, Deutsche Bank downgrades, Deutsche, Fair, Six, Sciences, NTR, Netflix, Energy, Palo Alto, Palo, Food, Tech, Barclays, General Motors, Holdings, ALC, Apple, Apple's Worldwide Developer's Conference, Will Apple, Walmart, D.A Locations: OW, Palo Alto, U.S

☆ AI is helping to create more creative ads — and challenges, software firm says
▼ + stars: | 2024-05-15 | 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 EmailAI is helping to create more creative ads — and challenges, software firm saysMark Zagorski, global CEO of DoubleVerify, says artificial intelligence "can help spread disinformation" and "helps perpetrate fraud."

Persons: Mark Zagorski

☆ 2024 CNBC Disruptor 50: Phononic CEO on using AI in cooling chip technology
▼ + stars: | 2024-05-15 | 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 Email2024 CNBC Disruptor 50: Phononic CEO on using AI in cooling chip technologyPhononic CEO Tony Atti, number 35 on the 2024 CNBC Disruptor 50 list, discusses how his company is deploying AI for cooling chip technology.

Persons: Tony Atti Organizations: CNBC

☆ Sergey Brin says Google was 10 years too early with Google Glass — but they'd be perfect for AI
▼ + stars: | 2024-05-15 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Sergey Brin said at Google I/O that Project Astra is "the perfect hardware" for smart glasses. Google's cofounder said the tech giant was a decade too early with Google Glass, which famously flopped. Google revealed Project Astra on Tuesday, an AI agent that was also working on prototype glasses. Amazon also launched its own version of smart glasses in 2019. But as companies like Google and OpenAI show off just how impressive the next level of AI is, don't be surprised if the idea of AI glasses gains more traction.

Persons: Sergey Brin, —, Pichai, Zuckerberg, Meta's Organizations: Google, Astra, Service, Project Astra, CNBC, Amazon, Business

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