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☆ How one rising Miami VC raised more money for his first fund. Other emerging investors haven't been so lucky.
▼ + stars: | 2024-05-16 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +7 min

Evans is the founder of Exceptional Capital, which launched in 2022 among the many emerging VC firms that sprouted during the fundraising boom years. Before pursuing a life in venture capital and tech, Evans hoped to make it to the NFL as a linebacker at the University of Michigan. And then in 2022, Evans decided to launch Exceptional Capital and invest as a solo VC. Exceptional CapitalBecause he's been able to increase the size of his fund, Evans has been able to expand his team. "I could see that for Marell as well, just his work with Exceptional Capital and kind of his determination there."

Persons: —, Marell Evans, Evans, he's, Dave Brandon, Brandon, Ben Horowitz, Andreessen Horowitz, Horowitz, A16z, Okta, Owen Van Natta, Hustling, Melissa Morano Aurigemma, Graham Stoddard, Andrew Van Nest, I've, Cody Coleman, Coleman, what's Organizations: Service, Exceptional, Business, NFL, University of Michigan, NCAA, IBM, Facebook, Vision, SV Angel, A16z, Exceptional Capital Locations: Miami, Michigan, San Francisco, Okta, Silicon Valley, SoftBank, —, Bessemer

☆ The US is worried about an invasion, but China could take control of Taiwan without firing a shot, war experts warn
▼ + stars: | 2024-05-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Defense experts say that an aggressive Chinese coercion campaign, short of war but still threatening, is more likely than a full-scale invasion and the US needs to prepare for such an event. Economic and diplomatic pressure is notable, and Chinese misinformation operations and the potential to slowly set up a blockade of Taiwan are also concerns. Annabelle Chih/Getty ImagesThe report identifies four things key to resisting Chinese coercion. CM-11 tanks fire artillery during the 2-day live-fire drill, amid intensifying threats military from China, in Pingtung county, Taiwan, 7 September 2022.

Persons: —, Han, Annabelle Chih, MANDY CHENG, Lai Ching, Lai, Ceng Shou Yi, John Aquilano, Xi, Aquilano, Carlos Del Toro, Frank Kendall Organizations: Service, Business, American Enterprise Institute, Institute for, Liberation Army, PLA, AEI, Cobra, Getty, Democratic Progressive Party, Taiwan, Getty Images, US, Pacific Command, US Armed Services, Air Force, Department of Defense Locations: Taiwan, China, Pingtung, US, Pacific, Hualien, AFP, Pingtung county, Guam, Japan

☆ Oil prices rise on moderate U.S. inflation data, strong demand
▼ + stars: | 2024-05-16 | by ( ) www.cnbc.com time to read: +2 min

Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an interest rate cut which could result in even stronger demand. U.S. crude oil, gasoline and distillate inventories fell, reflecting a rise in both refining activity and fuel demand, showed data from the Energy Information Administration, or EIA. Crude inventories fell 2.5 million barrels to 457 million barrels in the week ended May 10, the EIA said, versus the 543,000 barrel consensus analyst forecast in a Reuters poll. Signs of slowing inflation and stronger demand were supporting prices, ANZ Research said in a client note, as is geopolitical risk which it said remains elevated. Gains were constrained after the IEA trimmed its forecast for 2024 oil demand growth, widening the gap between its view and that of producer group OPEC.

Persons: Brent Organizations: U.S, West Texas Intermediate, Federal Reserve, Energy Information Administration, EIA, ANZ Research, OPEC, Global, Organization for Economic Co Locations: Nolan , Texas, U.S, East, Gaza, Rafah, Qatar, Egypt, Israel

☆ ‘Happy Gilmore’ is getting a sequel, Netflix announces
▼ + stars: | 2024-05-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +2 min

CNN —Almost 30 years since booming his last slapshot drive, golf’s angriest champion is stomping back to the tee box. A sequel to “Happy Gilmore” is in the works, Netflix announced in a post on X Wednesday, with Adam Sandler reprising his role as the comedy classic’s neurotic titular star. Standing in Gilmore’s way is arch-nemesis Shooter McGavin, played by Christopher McDonald, who in March teased that Sandler was working on a sequel script. “The funny thing is that there are so many non-golfers who would know what the ‘Happy Gilmore swing’ is or they’ve watched the film,” Ladies European Tour winner Amy Boulden told CNN’s Living Golf in 2021. They’ve watched the movie and then they’ll go to the driving range and just try to replicate that iconic golf swing.”

Persons: golf’s, Happy Gilmore ”, Adam Sandler, Sandler, Shooter McGavin, Christopher McDonald, “, ” McDonald, ”, Julie Bowen, Frances Bay, Kevin Nealon, Carl Weathers, McDonald, Bowen, Weathers, Chubbs ” Peterson, ” Sandler, … Carl, Amy Boulden, it’s, They’ve Organizations: CNN, Netflix, Universal, Everett, ”

☆ Semafor's Ben Smith: People are not in love with TikTok, but they love creators and short videos
▼ + 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 EmailSemafor's Ben Smith: People are not in love with TikTok, but they love creators and short videosBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to discuss billionaire Frank McCourt's interest in buying TikTok, who would benefit if the social media is banned in the U.S., and more.

Persons: Semafor's Ben Smith, Ben Smith, Semafor, Frank McCourt's Locations: U.S

☆ Inside the life and career of Larry Page, Google's co-founder and first CEO
▼ + stars: | 2024-05-15 | by ( Avery Hartmans | Lakshmi Varanasi | ) www.businessinsider.com time to read: +13 min

AdvertisementSo who is Larry Page and how did he get to where he is today? AdvertisementPage and Sergey Brin create GoogleGoogle co-founders Sergey Brin and Larry Page met as students at Stanford. Google's parent company, Alphabet, has developed self-driving cars through Waymo, the company formerly known as the Google Self-Driving Car project. Page's personal lifeGoogle cofounder Larry Page and his wife, the scientist Lucinda Southworth C Flanigan/FilmMagicThroughout it all, Page has kept information about his personal life closely guarded. Life after GoogleGoogle cofounder Larry Page bought Cayo Norte, an island in Puerto Rico.

Persons: —, Larry Page, Sergey Brin, Page, Sundar Pichai, Gloria, Carl Page —, Larry, what's, Nikola Tesla, he's, Brin's, BackRub, Brin, Eric Schmidt, Schmidt, Andy Rubin's, he'd, Andrew Kelly, Sergey, Lucinda Southworth C, Lucinda Southworth, Richard Branson, Page's, Carl Victor Page, Carl Page, He's, Hugh Langley Organizations: Service, Google, Business, Michigan State University . Education, Getty, Michigan State University, The, Montessori, Google Google, Stanford, Associated Press, University of Michigan, Labs, Reuters Page, Virgin Group, Investments, Carl Victor Page Memorial Foundation, Zee Aero, Pacific, Virgin Island, Atomic Locations: Michigan, Waymo, Toronto, Stanford, Caribbean, Palo Alto, Cayo Norte, Puerto Rico, Koop, Tavarua, Fiji

☆ 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

☆ One of the wealthiest members of Congress spent over $60 million just to lose Maryland's messy Democratic Senate primary
▼ + stars: | 2024-05-15 | by ( Brent D. Griffiths | John L. Dorman | ) www.businessinsider.com time to read: +4 min

Read previewRep. David Trone, one of the wealthiest members of Congress, spent over $60 million of his own fortune to try to win a Democratic Senate primary. With nearly 40% of all votes in, Prince George's County Executive Angela Alsobrooks is projected to have defeated Trone in Maryland's Democratic US Senate primary, according to Decision Desk HQ. Schumer can't afford to lose the Senate seat if he wants to keep the party's slim majority in the chamber. Related storiesAnd Alsobrooks — who was endorsed by Maryland Democratic heavy hitters including Gov. Republicans see Montana and Ohio as their top Democratic Senate targets this year, while also looking to compete in Arizona, Michigan, Nevada, Pennsylvania, and Wisconsin.

Persons: —, David Trone, Angela Alsobrooks, Trone, Alsobrooks, Larry Hogan, Hogan, Chuck Schumer, Schumer, Alsobrooks —, Wes Moore, Sen, Chris Van Hollen, Steny Hoyer —, Maryland doesn't, West Virginia Sen, Joe Manchin's Organizations: Service, Democratic Senate, Associated Press, Democratic, Senate, Republican, Business, GOP, Democrat, Wine, Democratic Party, Maryland, CNN, Republicans, Maryland Democratic, Gov, CBS, WUSA9, The Washington Post, West Virginia, Maryland — Locations: Prince George's, Maryland, Trone, Washington, Montana and Ohio, Arizona , Michigan, Nevada , Pennsylvania, Wisconsin

☆ Opinion | ‘The Seeds Had Been Planted. Trump Didn’t Do It Himself.’
▼ + stars: | 2024-05-15 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +2 min

Replying by email to my inquiry, Hetherington wrote:In 1992, those whites scoring at the top of the authoritarianism scale split their two-party vote almost evenly between Bush and Clinton (51-49). By 2012, those high authoritarianism white voters went 68-32 for Romney over Obama. In both Trump elections it was 80-20 among those voters. So from 50 Republican-50 Democrat to 80 Republican-20 Democrat in the space of 24 years. The two authors analyzed data from seven studies conducted by the World Values Survey in 76 countries between 1981 and 2022.

Persons: Marc Hetherington, ”, Hetherington, Clinton, Romney, Obama, Joshua Conrad Jackson, Dan Medvedev, Jackson, Medvedev Organizations: University of North, Chapel Hill, Trump, Republican, University of Chicago’s Booth School of Business Locations: United States, Russia, China, Iran, North Korea, University of North Carolina, Bush

☆ Diabetes, Heart Problems and Kidney Disease Are Closely Linked
▼ + stars: | 2024-05-15 | by ( Knvul Sheikh | ) www.nytimes.com time to read: +1 min

Heart disease, diabetes and kidney disease are among the most common chronic illnesses in the United States — and they’re all closely connected. Adults with diabetes are twice as likely to have heart disease or a stroke compared with those who don’t have diabetes. People with diabetes — Type 1 and Type 2 — are also at risk of developing kidney disease. And when the kidneys don’t work well, a person’s heart has to work even harder to pump blood to them, which can then lead to heart disease. syndrome, meaning they have been diagnosed with diabetes, heart disease or kidney disease or are at high risk of developing them, the numbers are still “astronomically higher than expected” said Dr. Rahul Aggarwal, a cardiology fellow at Brigham and Women’s Hospital in Boston and co-author of the study.

Persons: ”, Rahul Aggarwal Organizations: American Heart Association, Brigham, Women’s Hospital Locations: United States, Boston

☆ Menendez defense lawyer denies bribery scheme and says gold bars found at senator’s home belonged to his wife
▼ + stars: | 2024-05-15 | by ( Holmes Lybrand | Gregory Krieg | ) edition.cnn.com time to read: +7 min

Menendez is not running for reelection in next month’s Democratic primary but has said he would consider an independent bid should he be exonerated. “Evidence will show Nadine’s family had a lot of gold,” Weitzman said, asserting that she did not discuss money with the senator and kept financial problems she had from him. Weitzman also said the gold bars were found in Nadine’s locked closet, which the senator didn’t have access to. The potential jurors – an array of New Yorkers, including pastors, a standup comedian and amateur musicians – were pressed on whether they could be unbiased and fairly consider testimony from law enforcement officers or convicted criminals. One potential juror spoke about being a “news junkie” who couldn’t sit on the trial because “I’ve learned about the case significantly.

Persons: CNN — Sen, Bob Menendez’s, “, ” Menendez, Avi Weitzman, Nadine, Menendez, Wael Hana, Fred Daibes, Donald, Lara Pomerantz, “ Robert Menendez, ” Pomerantz, Nadine Menendez, Weitzman, ” “, ”, ” Weitzman, Menendez “, ” Nadine, didn’t, Hana, whittle, “ I’ve, Sidney Stein, they’ve, ” Stein, Bob Menendez, Stein, Robert F, Kennedy Jr, I’m Organizations: CNN, New, New Jersey Democrat, Jersey businessmen, Democratic, United, White House, Egypt’s Ministry of Foreign Affairs Locations: Manhattan, New Jersey, Egypt, Qatar, Jersey, Egyptian American, United States, Lebanon, Paris

☆ 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

☆ Instagram co-founder Mike Krieger joins Amazon-backed Anthropic
▼ + stars: | 2024-05-15 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Instagram co-founder Mike Krieger will join artificial intelligence firm Anthropic as chief product officer, the company announced Wednesday. He and Instagram's other co-founder, Kevin Systrom, most recently built the personalized news app Artifact and sold it to Yahoo. Around this time last year, Anthropic had only rolled out the first version of its chatbot without any consumer access or major fanfare. News of Krieger's hiring follows Anthropic's debut of its first enterprise offering and iOS app earlier this month. And in March, Anthropic announced Claude 3, a suite of AI models that it says are its fastest and most powerful yet.

Persons: Instagram, Mike Krieger, Anthropic, Krieger, Kevin Systrom, OpenAI's, Claude, Mike, Daniela Amodei, It's, it's Organizations: Meta, Yahoo, Google, CNBC

☆ The US and Pacific ally Japan are teaming up to defeat new hypersonic missiles that right now are basically unstoppable
▼ + stars: | 2024-05-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewThe US and Japan have agreed to work together to develop a defense system to defeat hypersonic missiles, according to the US Department of Defense. Russian navy frigate Admiral Gorshkov launching a Zircon hypersonic missile in White Sea, Russia, on July 19, 2021. Notably, Pyongyang is also attempting to develop what it says are hypersonic missiles. DF-17 medium-range ballistic missiles equipped with a DF-ZF hypersonic glide vehicle in a military parade to mark the 70th anniversary of the Chinese People's Republic. The allies successfully tested the jointly developed Standard Missile 3 (SM-3) Block IIA interceptor in a February 2017 intercept of a ballistic missile target.

Persons: —, Gorshkov, Zoya Rusinova Organizations: Service, US Department of Defense, Business, Cooperative, US Missile Defense Agency, Japan, Russian Defense Ministry Press Service, AP, China's, Aegis Ballistic Missile Defense, Iran's, Israel Locations: Japan, Russian, Sea, Russia, Pacific, Moscow, Beijing, Pyongyang, Republic, Getty

The National Security Agency collected the intelligence that gave US officials insights into China and Iran’s capabilities in producing deepfakes, one of the sources said. At a briefing last week, FBI officials warned that AI increases the ability of foreign states to spread election disinformation. US officials have maintained a high level of visibility into the AI and deepfake advancements made by countries including China, Iran and Russia since the 2020 election. Nearly 70% of Republicans and Republican-leaners said that President Joe Biden’s 2020 election win was not legitimate, according to a CNN poll released in August. The 2024 US election will present new opportunities for foreign influence operations.

Persons: “, ”, Lee Foster, Foster, ” Foster, leaners, Joe Biden’s, Donald Trump Organizations: CNN, National Security Agency, NSA, Intelligence, US, Labs, “, Republican, Pew Research Center, FBI, Kyiv Locations: China, Iran, Russia, United States, Ukraine, Ukraine –

☆ Biden's EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.
▼ + stars: | 2024-05-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

Win Mcnamee | Getty ImagesDETROIT – President Joe Biden's plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the threat of more Chinese cars and trucks on U.S. roadways. Automotive and trade experts say the increased tariffs are a near-term protectionism act that may delay, but won't stop, Chinese automakers from coming to the U.S. with EVs. The EV tariffs, including other increases regarding battery materials, were among new tariff rates on $18 billion worth of Chinese imports. The quality and build of vehicles by Chinese automakers have gotten significantly better in recent years, as the Chinese government has subsidized their operations to grow domestic production. GM and others have found it hard to compete against budget and mainstream Chinese vehicles, including EVs.

Persons: Joe Biden, Win Mcnamee, Joe Biden's, It's, Dan Hearsch, Stellantis —, Warren Buffett, BYD, Morgan Stanley, Tim Hsiao, Lincoln Organizations: White, Getty, DETROIT, Communist, U.S . Automotive, Motors, U.S, — GM, Ford Motor, Chrysler, Warren, EV, Wall Street, China Association of Automobile Manufacturers, U.S . Vehicles, Lincoln Nautilus, Volvo, Biden Administration Locations: Rose, Washington , DC, China, Mexico, Americas, U.S

☆ Netflix to stream Christmas Day NFL games for three years
▼ + stars: | 2024-05-15 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +1 min

Netflix will stream Christmas Day NFL games for the next three years, in its first true step into live sports. The streaming platform will show two games on Christmas Day this year, followed by at least one matchup in both 2025 and 2026, the league announced Wednesday. It is unclear how much Netflix paid for the rights to stream the games. Now, Netflix will stream games for the most watched U.S. sports league, at a time when it is trying to boost profits by raising subscription prices, pushing users toward an ad-tier membership and cracking down on password sharing. The three Christmas Day NFL games averaged 28.68 million viewers last year, according to Sports Media Watch.

Persons: Mike Tyson, Jake Paul, We've, Ted Sarandos, Sarandos Organizations: Netflix, NFL, Sports Media Watch Locations: Los Angeles

☆ Apple co-founder shares the best strategy his parents used while raising him: I'm 'the same way with my own kids'
▼ + stars: | 2024-05-15 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Apple co-founder Steve Wozniak, 73, says his parents took the latter approach — and he's happier and more successful because of it. He used the same strategy when raising his own children, he added. "My parents let me follow my heart," he told graduating students at the University of Colorado Boulder last week. "When you really want something, love something and it's your passion, you should have your parents supporting you going in your direction. Now, Wozniak provides his kids the same kind of support his parents gave him, he said.

Persons: Steve Wozniak, Wozniak, Berkeley —, Steve Jobs, Jobs, Margot Machol Bisnow, Bisnow Organizations: University of Colorado Boulder, De, De Anza College, University of California, Berkeley, Apple, CNBC Locations: California, De Anza, Berkeley

☆ In pictures: Microsoft co-founder Bill Gates
▼ + stars: | 2024-05-15 | by ( ) edition.cnn.com time to read: +1 min

Bill Gates helped usher in a personal computing revolution that brought computers to the masses. The Seattle native dropped out of Harvard University and co-founded Microsoft in 1975. After holding a number of leading roles at the company he co-founded, Gates eventually left his day job at Microsoft in 2008 to focus full time on his philanthropic organization, The Bill & Melinda Gates Foundation. Gates' philanthropic endeavors have garnered global acclaim: In 2005, Gates was knighted by Britain's Queen Elizabeth II, and in 2016 he and his wife received the Presidential Medal of Freedom from Barack Obama. In 2021, Bill and Melinda French Gates announced they were ending their marriage after 27 years.

Persons: Bill Gates, Gates, Melinda Gates, Queen Elizabeth II, Barack Obama, Melinda French Gates Organizations: Seattle, Harvard University, Microsoft, Forbes, Melinda Gates Foundation

☆ Seeking History in Maryland, and Zombie Campaigns Linger: Primary Takeaways
▼ + stars: | 2024-05-15 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +1 min

And what about those zombie campaigns in both parties’ presidential races? Nikki Haley had a pretty good night for a candidate who long ago dropped her campaign for the Republican presidential nomination. Here are four takeaways:In Maryland, a potential history maker beats the money. In a showdown between money and history, history won. Democrats initially were happy to have Mr. Trone as their nominee, knowing they wouldn’t have to spend a dime for him in the general election.

Persons: Nikki Haley, David Trone, Angela Alsobrooks, Ben Cardin, Larry Hogan, Trone Organizations: Republican, Democratic, Maryland Locations: Maryland, West Virginia, Nebraska

☆ Disruptor 50 #4: Brex Co-CEO talks using AI to streamline company finances
▼ + 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 EmailDisruptor 50 #4: Brex Co-CEO talks using AI to streamline company financesPedro Franceschi, Brex Co-CEO, joins 'Closing Bell Overtime' to talk how his company uses AI to streamline corporate finances, how they benefited from the SVB collapse and more.

Persons: Pedro Franceschi, Brex

☆ YouTube says it will block videos of Hong Kong protest anthem following court order
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: +2 min

Alphabet's YouTube on Tuesday said it would comply with a court decision and block access inside Hong Kong to 32 video links deemed prohibited content, in what critics say is a blow to freedoms in the financial hub amid a security clampdown. The action follows a government application granted by Hong Kong's Court of Appeal requesting the ban of a protest anthem called "Glory to Hong Kong." In comments criticizing the court order, YouTube said the ruling would raise skepticism around the Hong Kong government's work to foster the digital economy and reclaim its reputation as a predictable place for doing business. "If you start to send platforms 100 or 1,000 links for takedown every day, this will drive platforms crazy and also make global investors more worried about Hong Kong's free market environment. How predictable and how stable the policy environment is matters a lot to foreign investors, and Hong Kong is now at a crossroads to defend its reputation."

Persons: Hong Kongers, We'll, George Chen, Chen, Hong Organizations: YouTube, Hong, Appeal, U.S ., Asia Group, Washington DC, Meta Locations: Hong Kong, Hong Kong's, Washington, Greater China

☆ Americans have been driving these Chinese-built cars for years — and Biden's tariffs likely won't impact them
▼ + stars: | 2024-05-15 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +2 min

Read previewOf the more than 15 million cars sold in the US last year, none wore the badge of a Chinese car brand. With the government's existing 27.5% tariffs on Chinese-made cars and Tuesday's new 100% tariffs on Chinese-made EVs imported to the US, the situation isn't likely to change anytime soon. AdvertisementAccording to Automotive News data, US consumers purchased more than 104,000 Chinese-made vehicles in 2023, up 45% from 2022. Americans bought another 28,000 Chinese-made cars during the first quarter of 2024. Here's a closer look at the Chinese-made cars on sale in the US.

Persons: —, Volvo's, Here's Organizations: Service, EV, SAIC, Business, Buick's, Automotive News, Buick, Lincoln, Volvo, Geely Automotive, Biden Locations: China, Polestar, South Carolina

☆ 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

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

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