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☆ He fell in love with Thailand while traveling in his 20s. Now 40, he's back and has built his dream 'James Bond' luxury villa.
▼ + stars: | 2024-05-20 | by ( Amanda Goh | ) www.businessinsider.com time to read: +6 min

Read previewThe first time Johnny Ward went to Chiang Mai, Thailand, he was 22. Johnny Ward on a scooter in front of his house in Chiang Mai, Thailand. But after traveling the world, Ward realized that Chiang Mai still had his heart. Johnny Ward/onestepforwardWard said he spent 13 million Thai baht building the home and another 3.5 million Thai baht furnishing it, or about $460,000 in total. It would have been difficult for him to have all the things he wanted if he had bought an existing home in Chiang Mai, Ward said.

Persons: —, Johnny Ward, Chiang, Ward, Chiang Mai, James Bond, onestepforward, Jaa, he's, onestepforward Ward, hadn't, I'm, She's, it's Organizations: Service, Business, Homes, James Edition Locations: Chiang Mai, Thailand, Asia, Australia, Miami, Ibiza, Ireland, Homes Thailand, onestepforward

☆ Bill Gates thinks you should read this new book to get smarter on how AI will transform education
▼ + stars: | 2024-05-20 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Bill Gates has taken to social media to tout a new book focused on AI and education. The book is authored by Salman Khan, the founder and CEO of the educational platform Khan Academy. Gates has been optimistic about AI's impact on education but says we'll still need teachers. AdvertisementBill Gates, the Microsoft cofounder and renowned bookworm, has taken to social media to share his latest book recommendation. Gates touted the book, "Brave New Words: How AI Will Revolutionize Education (and Why That's a Good Thing)," by Salman Khan, the founder and CEO of Khan Academy, an educational nonprofit that aims to provide free learning resources.

Persons: Bill Gates, Salman Khan, Gates, we'll, — Organizations: Khan, Service, Microsoft, Education, Khan Academy, Business

☆ Taiwan's new President Lai Ching-te takes office amid tensions with China
▼ + stars: | 2024-05-20 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

A giant screen with a live feed shows Taiwan's President Lai Ching-te delivering his inaugural speech after being sworn into office during the inauguration ceremony at the Presidential Office Building in Taipei on May 20, 2024. Lai takes over from his predecessor Tsai Ing-wen after securing a victory in January's election that ushered in an unprecedented third presidential term for the Democratic Progressive Party. Together with Lai, Hsiao Bi-khim, 52, a former de facto Taiwan ambassador to the United States, was also sworn in as vice president. Lai is widely expected to reaffirm the status quo in cross-strait relations with China. He earlier pledged commitment to Tsai's foreign and defense policies of strengthening the island's ties with the United States and its allies as well as boosting defense capabilities.

Persons: Lai Ching, Yasuyoshi CHIBA, YASUYOSHI CHIBA, Lai, Tsai Ing, Hsiao Organizations: Presidential, Getty, Democratic Progressive Party Locations: Taipei, AFP, China, Taiwan, United States

☆ More OpenAI chaos puts Sam Altman on the back foot
▼ + stars: | 2024-05-20 | by ( Beatrice Nolan | Jyoti Mann | ) www.businessinsider.com time to read: +6 min

AdvertisementIt's a rare admission from Altman, who has worked hard to cultivate an image of being relatively calm amid OpenAI's ongoing chaos. Safety team implosionOpenAI has been in full damage control mode following the exit of key employees working on AI safety. He said the safety team was left "struggling for compute, and it was getting harder and harder to get this crucial research done." Silenced employeesThe implosion of the safety team is a blow for Altman, who has been keen to show he's safety-conscious when it comes to developing super-intelligent AI. The usually reserved Altman even appeared to shade Google, which demoed new AI products the following day.

Persons: —, Jan Leike, Ilya Sutskever, Sam Altman, Altman, Leike, Leopold Aschenbrenner, Pavel Izmailov, Daniel Kokotajlo, William Saunders, Cullen O'Keefe, Kokotajlo, Vox, OpenAI, Joe Rogan's, Neel Nanda, i've, Scarlett Johansson, OpenAI didn't Organizations: Service, Business, AGI

☆ Cybersecurity professionals share best practices for securing 5G networks
▼ + stars: | 2024-05-20 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +6 min

Professionals at the RSA Conference shared insights on securing 5G devices and networks. Business Insider spoke with several cybersecurity professionals at the annual RSA Conference, which took place from May 6 to 9 in San Francisco. Private 5G networks will change the way in which everything connects." Here are cybersecurity professionals' best practices for securing 5G devices and networks. That's because as more devices get connected to 5G networks, the bigger the attack surface becomes.

Persons: —, Nathan Howe, it's, Andrea Carcano, Boaz Gelbord, Donna Johnson, you've, Christine Gadsby, It's, Darren Guccione, Guccione, Jimmy Mesta, Carcano Organizations: RSA, Service, Business, RSA Conference, Nozomi Networks, BlackBerry, RAD Security Locations: San Francisco, cybersecurity

☆ Microsoft is about to show off its next move in AI. Here's what to expect.
▼ + stars: | 2024-05-20 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read previewIt's about to be a big week for Microsoft. Copilot and other AI features in WindowsWedbush analysts expect Microsoft to roll out more Copilot and AI features into its consumer and enterprise product stack. Related storiesIves said putting AI features into Windows will give developers the foundation to build AI use cases through Windows and, ultimately, Azure. Ives said the new AI Surface updates will start a new PC-driven cycle that's "AI-led, from Dell to Microsoft, and ultimately to Apple as well." But according to Ives, Microsoft will be a "showstopper."

Persons: —, Dan Ives, Wedbush's, Wedbush, Ives, Google Organizations: Service, Microsoft, Google, Business, Windows, Oracle, Apple, Dell, Ives

☆ Sam Altman addresses 'potential equity cancellation' in OpenAI exit agreements after 2 high-profile departures
▼ + stars: | 2024-05-19 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

OpenAI's exit agreements had nondisparagement clauses threatening vested equity, Vox reported. Sam Altman said on X that the company never enforced it, and that he was unaware of the provision. 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 . AdvertisementOpenAI employees who left the company without signing a non-disparagement agreement could have lost vested equity if they did not comply — but the policy was never used, CEO Sam Altman said on Saturday.

Persons: Vox, Sam Altman, —, Superalignment, Jan Leike, Ilya Sutskever Organizations: Service, Vox News, Business

Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. Microsoft 's Build developer conference kicks off on Tuesday, giving the company the opportunity to showcase its latest artificial intelligence projects, following high-profile events this month hosted by OpenAI and Google . Microsoft CEO Satya Nadella said in January that 2024 will mark the year when AI will become the "first-class part of every PC." Now, PC users will get to hear more about how AI will be embedded in Windows and what they can do with it on new AI PCs. Demand for PCs was "slightly better than expected," Microsoft CFO Amy Hood said on the company's quarterly earnings call last month.

Persons: Satya Narayana Nadella, Satya Nadella, OpenAI, Morgan Stanley, Erik Woodring, Amy Hood Organizations: Microsoft, OpenAI, Google, Windows, Bing, Dell, Technology, Gartner Locations: Manhattan, New York City

☆ We asked ChatGPT to analyze Mark Zuckerberg's style. Here's what it said.
▼ + stars: | 2024-05-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

The internet has been buzzing about Mark Zuckerberg's new style choices. We showed ChatGPT some recent pictures of Zuckerberg and asked it to analyze his looks. AdvertisementMark Zuckerberg might be going viral for his new style, but ChatGPT has some fashion tips for the Meta CEO. To find out, Business Insider turned to ChatGPT for an analysis of Zuckerberg's style. This story is available exclusively to Business Insider subscribers.

Persons: Zuckerberg's, Zuckerberg, —, Mark Zuckerberg, ChatGPT, Zuck Organizations: Meta, Service, Business

☆ These stocks and ETFs could benefit from AI's voracious appetite for energy
▼ + stars: | 2024-05-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

XLU 1M mountain Utilities stocks have risen sharply in May. Woodard identified other ETFs and stocks that could benefit from increased energy consumption and investment in the electric grid. Miners should retain pricing power given constrained capacity after a decade of underinvestment," the Bank of America note said. Bank of America is positive on the Global X Uranium ETF (URA) , which offers exposure to both physical uranium and miners. Bank of America did not include a utilities ETF in the note, but the firm has a buy rating on Xcel Energy, among such stocks.

Persons: Jared Woodard, Woodard, ruddy, — CNBC's Michael Bloom Organizations: Bank of America . Investment, Utilities, Bank of America, Miners, Companies, VanEck Oil Services, Halliburton, Uranium, Xcel Energy Locations: Freeport, McMoRan

☆ We asked ChatGPT to be a juror in Donald Trump's hush-money trial. It said it would find him guilty.
▼ + stars: | 2024-05-18 | by ( Madeline Berg | Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Read previewIt will be a jury of 12 ordinary New Yorkers that will decide the fate of former President Donald Trump in his ongoing Manhattan hush-money trial. Using that document, we asked various AI chatbots whether they found Trump guilty. They were told to "choose now whether you would find him guilty or not guilty." AdvertisementBut OpenAI's ChatGPT and Perplexity weighed in — and both said they'd find Trump guilty. "I would vote guilty on the charges of falsifying business records," Perplexity responded definitively.

Persons: —, Donald Trump, Trump, Michael Cohen, Stormy Daniels, Perplexity, they'd, ChatGPT, Trump's, Cohen, David Pecker, Juan Merchan, chatbots Organizations: Service, Business, Prosecutors, New York, Trump, National Enquirer Locations: Manhattan, —, Trump

☆ Tsai Ing-wen: the leader who put Taiwan on the map and stood up to China
▼ + stars: | 2024-05-18 | by ( Wayne Chang | Nectar Gan | ) edition.cnn.com time to read: +16 min

While supporters applaud Tsai for standing up to China, defending Taiwan’s sovereignty, freedom and democracy, critics blame her for straining ties with Beijing, stoking cross-strait tensions. Beijing, which deems the tacit agreement a precondition for dialogue, has cut official contact with Taipei since Tsai took office. Taiwan President Tsai inspects reservists at a training session at a military base in Taoyuan on May 11, 2023. But under Tsai, Taiwan has sought to enhance its asymmetric defense capabilities, developing and procuring cheaper and more mobile weapon systems that could be instrumental in halting a potential Chinese invasion. Taiwanese military experts have increasingly advocated for such an approach, noting that Taiwan can never match China in military might and assets.

Persons: Taipei CNN — Tsai Ing, introvert, ” Tsai, Xi Jinping, Xi, Tsai, stoking, Taiwan’s, Lai Ching, ”, Alex Chan Tsz Yuk, Wellington Koo, “, Vanessa Hope, Ma Ying, Taiwan's, Jose Lopes Amaral, Wen, Amanda Hsiao, Nancy Pelosi, Chien Chih, Nancy Pelosi’s, Huang, Jameson Wu, ” Sung, ” Hsiao, “ Tsai, Sawayasu Tsuji, Sung, ” Tsai’s, –, Lai Organizations: Taipei CNN, Democratic Progressive Party, DPP, Kuomintang, KMT, World Health Organization, WHO, Atlantic, Trump, Biden, International Crisis, US, Getty, World Health Assembly, National Chengchi University, Getty Images, Taiwan’s Military Academy, ” Tsai’s DPP Locations: Taipei, Taiwan, China, United States, Beijing, Tsai, Asia, Wellington, Ukraine, Gaza, Japan, Czech Republic, Republic of China, Taoyuan, AFP, Washington, Hong Kong

☆ AI 'godfather' Geoffrey Hinton says he's 'very worried' about AI taking jobs and has advised the British government to adopt a universal basic income
▼ + stars: | 2024-05-18 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Read previewSome say AI will be a great equalizer. And he believes a universal basic income might be the solution. "I advised them that universal basic income was a good idea." AdvertisementOpenAI CEO Sam Altman — who's been racing to develop artificial general intelligence — is running his own experiment around a universal basic income, the results of which he expects to release soon. He also recently floated the idea of a "universal basic compute."

Persons: —, Geoffrey Hinton, It's, Hinton, Sam Altman — who's, Altman Organizations: Service, BBC, Business Locations: Downing, South Africa, Kenya, India, United States

☆ OpenAI founders Sam Altman and Greg Brockman go on the defensive after top safety researchers quit
▼ + stars: | 2024-05-18 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

OpenAI's Ilya Sutskever and Jan Leike, who led a team focused on AI safety, resigned. Founders Sam Altman and Greg Brockman are now scrambling to reassure everyone. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo of OpenAI's founders, CEO Sam Altman and President Greg Brockman, are on the defensive after a shake-up in the company's safety department this week. Sutskever and Leike led OpenAI's super alignment team, which was focused on developing AI systems compatible with human interests.

Persons: OpenAI's Ilya Sutskever, Jan Leike, Sam Altman, Greg Brockman, —, Ilya Sutskever, Leike Organizations: Service, Business

☆ Sam Altman has found himself using GPT-4o in a 'surprisingly cool' way while working
▼ + stars: | 2024-05-18 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

OpenAI announced its latest flagship model, GPT-4o, on Monday. CEO Sam Altman says he's found a helpful way to use the AI while working. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . OpenAI CEO Sam Altman has also found it helpful in another way, as he outlined during an episode of the podcast The Logan Bartlett Show published Tuesday. This story is available exclusively to Business Insider subscribers.

Persons: OpenAI, Sam Altman, he's, —, Logan Bartlett Organizations: Service, Business

☆ AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
▼ + stars: | 2024-05-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Fresh off a $1.1 billion equity funding round, artificial intelligence infrastructure startup CoreWeave has raised $7.5 billion in debt to more heavily invest in its cloud data centers. That means CoreWeave, backed by Nvidia, is going up against the world's top cloud infrastructure operators, including Amazon and Google . On its website, CoreWeave claims to have lower on-demand prices than any major cloud company. Even Microsoft , the world's second-largest provider of cloud infrastructure, has started relying on CoreWeave to help supply OpenAI with the computing power it needs. Such GPUs were used as collateral in a $2.3 billion debt round last year, Reuters reported.

Persons: Michael Intrator, CoreWeave, ChatGPT, Colette Kress Organizations: CNBC, Investors, Nvidia, Amazon, Google, Microsoft, Citigroup, Reuters Locations: Carlyle, BlackRock

☆ BlackRock's COO said he gave his staff a memo written by ChatGPT and they couldn't tell AI wrote it
▼ + stars: | 2024-05-17 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewEmployees at the investment behemoth BlackRock couldn't tell that a strategy memo they were reading was actually written by ChatGPT, the company's COO said on Thursday. BlackRock COO Robert Goldstein recounted the anecdote during an interview with Fortune's Lee Clifford. Goldstein said he'd worked with his team to prepare a memo on the company's generative AI strategy for a board meeting that took place "several months ago." But instead of drafting it themselves, Goldstein decided that the team should get ChatGPT to write the memo instead. Last month, BlackRock CEO Larry Fink said in an earnings call that the company's investments in AI would bolster productivity.

Persons: —, BlackRock, ChatGPT, Robert Goldstein, Fortune's Lee Clifford, Goldstein, he'd, BlackRock didn't, Larry Fink, Fink, Kristalina Georgieva, Georgieva Organizations: Service, BlackRock, Finance, Business, BI, IMF, Swiss Institute of International Studies Locations: New York, BlackRock, Zurich

☆ Khan Academy CEO on AI's impact on education
▼ + stars: | 2024-05-17 | 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 EmailKhan Academy CEO on AI's impact on educationKhan Academy CEO Sal Khan joins CNBC's 'Squawk Box' to discuss his new book, "Brave New Words: How AI Will Revolutionize Education (And Why That's a Good Thing)," AI's impact on education, and more.

Persons: Sal Khan Organizations: Khan

☆ OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
▼ + stars: | 2024-05-17 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

The news comes days after both team leaders, OpenAI co-founder Ilya Sutskever and Jan Leike, announced their departures from the Microsoft-backed startup. OpenAI's Superalignment team, announced last year, has focused on "scientific and technical breakthroughs to steer and control AI systems much smarter than us." "I joined because I thought OpenAI would be the best place in the world to do this research," Leike wrote on X. Leike wrote that he believes much more of the company's bandwidth should be focused on security, monitoring, preparedness, safety and societal impact. The update brings the GPT-4 model to everyone, including OpenAI's free users, technology chief Mira Murati said Monday in a livestreamed event.

Persons: Sam Altman, OpenAI, Ilya Sutskever, Jan Leike, OpenAI's, Leike, Altman, Sutskever, Helen Toner, Tasha McCauley, Adam D'Angelo, Ilya, Jakub Pachocki, Mira Murati, Murati Organizations: OpenAI, Hope, CNBC, Microsoft, Wired, Tuesday, Wall Street Locations: Atlanta, Leike, OpenAI

☆ David Einhorn was once the young thorn in the side of executives. Now he's dealing with his own.
▼ + stars: | 2024-05-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn 1996, David Einhorn founded Greenlight with less than $1 million in capital — a good chunk of which came from his parents — at the precocious age of 27. And now the 55-year-old is dealing with something he once was: a thorn in the side. Fishback sued his old firm for defamation in October, which is now in arbitration, according to a person familiar with the case. Thursday, Fishback said he was invited to debate Tesla with his old boss, saying Einhorn didn't understand Musk's company's "core value driver" of autonomy.

Persons: —, David Einhorn, sayer, sneering, Elon Musk, Einhorn, He's, year's Sohn, James Fishback, Fishback's, Fishback, Greenlight, Pharma Bro, Martin Shkreli, — Fishback, Tesla, Fishback —, Free Press —, I'm Organizations: Service, Business, Lehman Brothers, Allied, Tesla, Pharma, Free Press Locations: —, New York, Bari

Given this outlook, the firm lifted its price target to $70 from $65, reflecting 24% upside from Thursday's close. — Samantha Subin 6:20 a.m.: Citi trims price target on Roblox, cites slower bookings growth Citi cut its price target on Roblox to $40 from $52 a share as the gaming platform grapples with a deceleration in bookings growth. "We are updating our model to account for 1Q24 results and our latest outlook," wrote analyst Jason Bazinet. For 2025, Citi now expects bookings growth of 14% versus 21%, or 4% below consensus. The firm expects bookings growth of 10% in 2026, which is 11% below consensus.

Persons: Macquarie, Jefferies, Reddit, Ronald Josey, OpenAI, Josey, – Samantha Subin, Mark McLaughlin, McLaughlin, — Samantha Subin, Jason Bazinet, DAUs, Bazinet, Craig Siegenthaler, Siegenthaler, Robinhood, — Fred Imbert, Morgan Stanley downgrades Baidu, Morgan Stanley, Gary Yu, Yu, Ellie Jiang, JD, Jiang, Laurence Alexander, Alexander Organizations: CNBC, DuPont, OpenAI, Bank of America, Citi, Baidu, Macquarie, Jefferies, DuPont de Nemours Locations: China, 3Q24, Robinhood, Underperform, Thursday's, JD.com

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAge of the AI agents: OpenAI's GPT-4o and Google's Project Astra, plus an exclusive sit-down with Google CEO Sundar PichaiAI has moved into a new era – from chatbots to AI agents capable of having instantaneous, real-time conversations as showcased by Microsoft-backed OpenAI's GPT-4o and Google's Project Astra. We break down what's behind the big leap forward, the risks involved, and sit down with Google CEO Sundar Pichai exclusively on the news.

Persons: OpenAI's, Sundar Pichai Organizations: Google's, Astra, Google, Microsoft

☆ OpenAI just dissolved its team dedicated to managing AI risks, like the possibility of it 'going rogue'
▼ + stars: | 2024-05-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

OpenAI's Superalignment team was formed in July 2023 to mitigate AI risks, like "rogue" behavior. OpenAI has reportedly disbanded its Superalignment team after its co-leaders resigned. AdvertisementIn the same week that OpenAI launched GPT-4o, its most human-like AI yet, the company dissolved its Superalignment team, Wired first reported. OpenAI created its Superalignment team in July 2023, co-led by Ilya Sutskever and Jan Leike. The team was dedicated to mitigating AI risks, such as the possibility of it "going rogue."

Persons: OpenAI's, OpenAI, —, Ilya Sutskever, Jan Leike, Sutskever Organizations: Service, Wired, Business

☆ AI chatbots spew out nonsense too often. But there's a solution: retrieval-augmented generation.
▼ + stars: | 2024-05-16 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +9 min

RAG was the first," said Bob van Luijt, the CEO and cofounder of the AI data infrastructure company Weaviate. WeaviateThe innovation that's sweeping AI"Every industry that has a lot of unstructured data can benefit from RAG," van Luijt said. Courtesy of Kyle DeSanaHe said that a successful RAG chatbot could carry its own pitfalls. AI engineers are eager to find more proactive solutions that don't require constant meddling with the data RAG provides to the AI. Put simply, an AI chatbot would have an effectively infinite memory, letting it "remember" any data presented to it in the past.

Persons: —, OpenAI's ChatGPT, RAG, Bob van Luijt, Bob, van Luijt, Nadaa, Taiyab, van Lujit, Van Lujit, that's, Kyle DeSana, DeSana, Weaviate, it's Organizations: Service, Nvidia, Companies, Google

☆ Sam Altman throws shade at Google's 'aesthetic'
▼ + stars: | 2024-05-16 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

OpenAI and Google each held major events this week announcing AI updates, one day apart. Sam Altman said he "cannot stop thinking" about the aesthetic difference between Google and OpenAI. The post led a Google engineer to call out Altman for timing OpenAI's event just before Google's. AdvertisementSam Altman isn't afraid to stir the pot a bit in the AI race, and his latest post took aim at Google. OpenAI and Google held their biggest events of the year so far, a day apart from each other — and AI was the theme of both.

Persons: Sam Altman, Altman, —, Sam Altman isn't, OpenAI Organizations: Google, Service, Astra, Business

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