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☆ The beginner's guide to nepo babies
▼ + stars: | 2024-10-04 | by ( Amanda Yen | ) www.businessinsider.com time to read: +9 min

AdvertisementThere's one other field that's become a magnet for nepo babies with something new to say: journalism. The coastersBrooklyn Peltz Beckham and Nicola Peltz Beckham at the Academy Museum Gala in December 2023. Brooklyn Peltz Beckham and Nicola Peltz Beckham also fall into this category. The activistsSome nepo babies use their inherited millions to address social issues they're passionate about. The normiesLastly, there are some nepo babies who have chosen professions in fields where their connections won't help them quite as much.

Persons: —, John Quincy Adams, John Adams, Liza Minnelli, Judy Garland, Chan Zuckerberg, Mark Zuckerberg, Taylor Swift, Zuckerberg, Forbes — isn't, ultrarich, Alexandre Arnault, Antoine Arnault, Delphine Arnault, Bernard Arnault, Vianney Le Caer, Murdoch, Donald Trump, Fred Trump, Bill Gates, David Ellison, Larry Ellison, Jessica Pegula, Emma Navarro, Bruce Springsteen, Michael Bloomberg, Lance, Lawrence, Williams, Logan Sargeant, McLaren, Lando Norris, Jack Schlossberg, Kennedy, who's, Z's, Ronan Farrow, Mia Farrow, Woody Allen, rocketed, Harvey Weinstein, Brooklyn Peltz Beckham, Nicola Peltz Beckham, Frazer Harrison, Paris Hilton, Olivia Jade Giannulli, Lori Loughlin, she's, David, Victoria Beckham, Nelson Peltz, Abigail Disney, She's, Zers, Elon Musk's, Vivian Wilson, Jennifer Gates Nassar, Charles Shaffer, Anna Wintour Organizations: Service, Fox, News Corp, Oracle, Skydance Media, Aston Martin, New Yorker, Brooklyn, Academy Museum, Paris, Hilton, University of Southern, Zen, Disney, Bank of Mom, Vogue, Columbia University Locations: —, New, University of Southern California, Mount Sinai

☆ Sesame Workshop's top marketer is leaving during a critical period of transition
▼ + stars: | 2024-10-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Sesame Workshop's chief marketer, Samantha Maltin, is leaving the company. Maltin's exit follows Sesame Workshop's CEO change and upcoming "Sesame Street" revamp. Sesame Workshop is in the midst of negotiations with distributors for the show. With beloved IP that appeals to multiple generations, "Sesame Street" could be attractive to other streamers eager for tried-and-true content. AdvertisementShe also helped create a "Sesame Street" brand image celebrating its 50th anniversary.

Persons: Sesame, Samantha Maltin, Max, —, Maltin, Jude, Maltin didn't, HBO Max Organizations: Service, Business, Sesame, Warner Bros, HBO, Netflix, PBS, YouTube, Networks, Nickelodeon, Viacom Locations: Memphis , Tennessee, Sherrie, Schireson

Business Insider asked 27 venture-capital investors to nominate the most promising fintechs. VCs highlighted startups that haven't raised beyond a Series C.Here are the 49 most promising fintechs. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Business Insider asked 27 top investors — including Index Ventures, QED Investors, and Bain Capital Ventures — to name some of those diamonds in the rough. Check out the 49 startups identified as most promising by 27 top investors.

Persons: —, fintechs Organizations: Service, Business, Index Ventures, Bain Capital Ventures

☆ Trump-endorsed Bibles meet requirements laid out for Oklahoma schools
▼ + stars: | 2024-10-04 | by ( Daniel Strauss | ) edition.cnn.com time to read: +4 min

CNN —Oklahoma is soliciting bids for Bible suppliers to provide their wares for the state’s education department – and the specific requirements fit Bibles endorsed by former President Donald Trump. The RFP requirements also say that the Bibles must have the Old and New Testaments, and include copies of the US Constitution. The Bibles sell for $60 online and, through his endorsement, the former president receives some of the proceeds, according to Oklahoma Watch. The RFP from superintendent Ryan Walters is part of his ongoing push to put Bibles in every classroom. In a statement, Oklahoma State Department of Education Director of Communications Dan Isett said the RFP was consistent with the “norms of state procurement.

Persons: Donald Trump, Lee Greenwood’s, Greenwood, “, ”, Ryan Walters, Communications Dan Isett, Walters, ” Isett, Colleen McCarty, ” McCarty, “ Ryan Walters, ” Walters, Trump, Alicia Andrews, ” Andrews, he’s Organizations: CNN, Oklahoma Watch, Trump, Oklahoma State Department of Education, Communications, Oklahoma Appleseed Center for Law & Justice, The New York Times, Conservative, Liberty, Prosperity, Oklahoma Democratic Party Locations: Independence, New Testaments, Oklahoma

Then this happened.”Herbert said that as he watched the reports of devastation emerging from western North Carolina, he knew he had to act. Shortly after landing in Concord, Herbert was dispatched on his first Operation Airdrop mission to another hard-hit area, Gatlinburg, Tennessee. "Then I started seeing some of the pictures of the devastation in western North Carolina," he said. Holt said volunteer pilots are not allowed to fly missions at night for safety reasons. "Today what was needed was medical supplies, and we had to scramble when we realized we were short," said Lee, 47, of Cornelius, North Carolina.

Persons: ”, Carroll, Gerald Herbert, “, flushable sani, Herbert, Hurricane Helene, I’ve, ” Herbert, Justin Crossie Ryan Holt, Holt, Carrie Lee, Lee Organizations: ”, Cessna, “, Crackers, The Associated Press, Carolinas, Concord, Concord Walmart Locations: Durham , North Carolina, New Orleans, Concord, Florida, Hurricane, Georgia, North Carolina, Gatlinburg , Tennessee, Gatlinburg, Tenn, Niagara , Wisconsin, Banner, Cornelius , North Carolina

☆ Jack Smith court filing against Trump and Israel strikes central Beirut: Morning Rundown
▼ + stars: | 2024-10-03 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

A new court filing from special counsel Jack Smith argues Donald Trump acted as a private citizen when he sought to overturn the 2020 election. It includes new details about Trump’s actions after the 2020 election and leading up to the Jan. 6 riot at the U.S. Capitol, including testimony detailing Trump’s conversations with former Vice President Mike Pence. Trump campaign spokesperson Steven Cheung blasted the “falsehood-ridden” filing and declared the case a “partisan, Unconstitutional Witch Hunt.”Read the full story here. Liz Cheney, a former Republican congresswoman and daughter of a former Republican vice president, will campaign with Vice President Kamala Harris today in the Wisconsin city considered the birthplace of the Republican Party. 2025 ambitions: Republicans in Congress are already looking ahead at what they could accomplish if Donald Trump wins the 2024 election.

Persons: Jack Smith, Donald Trump, Hurricane Helene, Here’s, Trump ‘, “, ”, Mike Pence, Pence, Trump, Steven Cheung, Witch Hunt, Helene Swannanoa Deon Hampton, Deon Hampton, Beverly Eller, Stewart Cody, Helene, Elon Musk’s, Joe Biden, Sen, JD Vance, Liz Cheney, Kamala Harris, Tom Cotton of, Charisse, Lane, — Michelle Garcia, Elizabeth Robinson Organizations: NBC News, U.S . Capitol, Getty, country’s Ministry of Health, Beirut . One U.S, NBC, Staff, Mission, Republican, Republican Party, Affordable, Trump, GOP, College Republicans, Florida, M University Locations: Beirut, United States, Israel, Iran, Lebanon, AFP, Bachoura, Beirut . One, Lebanese, North Carolina, Hurricane, Florida, Georgia, Tennessee, Swannanoa , North Carolina, Asheville, Michigan, Wisconsin, Tom Cotton of Arkansas

☆ Virginia GOP Senate candidate suggests people who are tolerant of drag queens aren't tough enough for the military
▼ + stars: | 2024-10-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Megan Lebowitz | ) www.nbcnews.com time to read: +3 min

Hung Cao, the Republican Senate nominee in Virginia, disparaged drag queens and people who are tolerant of them by implying Wednesday that they are not tough enough to serve in the military. Cao, a Navy veteran, was asked to explain how he believes DEI could affect military recruitment. According to his campaign website, Cao is a retired Navy captain who served with special operations in Iraq, Afghanistan and Somalia. Former President Donald Trump endorsed Cao in the Senate GOP primary; Cao later spoke at the Republican National Convention. The Cook Political Report, which examines the competitiveness of congressional seats and the presidential race, characterizes the Virginia Senate seat as "solid" Democrat.

Persons: Hung Cao, Cao, Democratic Sen, Tim Kaine, that’s, Biden, Republican pushback, Sen, Tommy Tuberville, Cao's, Kaine, Republican Hung Cao, Eric Lee, Hillary Clinton's, Donald Trump Organizations: Republican, Democratic, Navy, Department of Homeland Security, FBI, Bloomberg, Getty, GOP, Republican National Convention, Virginia Senate, Democrat Locations: Virginia, Iraq, Afghanistan, Somalia

☆ OpenAI has secured a $157 billion valuation. Now comes the hard part.
▼ + stars: | 2024-10-03 | by ( Hasan Chowdhury | Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

OpenAI is now worth $157 billion, but it can't rest easy yet. Now comes the hard part: emerging victorious in a fiercely competitive AI industry. Though Sam Altman's company cemented its status as a frontrunner in the generative AI boom this week, securing a new $157 billion valuation after raising $6.6 billion of fresh capital from marquee investors, its leading position is hardly guaranteed. Sure, Altman's company now casts a massive shadow over the industry with its fresh $157 billion valuation. AI companies have been spending huge sums to purchase chips from Jensen Huang's Nvidia.

Persons: OpenAI, —, Sam Altman's, Sam Altman, Andrew Caballero, Reynolds, Altman, Elon Musk's, Ilya Sutskever, Nathan Benaich, Dario Amodei, Jensen, Jeff Chiu, Benaich, it's, VCs Organizations: Service, Valley's, Financial, Nvidia, SoftBank, Microsoft, Elon, Air Street Capital, The New York Times, Google, Big Tech, Meta Locations: Silicon Valley, AFP

☆ OpenAI's investors include Silicon Valley's most prolific bubble chasers. Is that a bad sign for the company's future?
▼ + stars: | 2024-10-03 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +4 min

AdvertisementOpenAI has officially closed a historic funding round. AdvertisementTiger Global is also one of the firms that backed OpenAI in this latest funding round. AdvertisementNotably absent from the list of OpenAI investors was Apple, which is said to have dropped out of the deal at the 11th hour. Apple's inclusion in OpenAI's funding round may have gone a long way toward quieting doubts about OpenAI's palace intrigue and general chaotic vibe. A few weeks ago, this funding round was being talked about as the arrival of the adults in the room.

Persons: OpenAI, —, Adam Neuman, Masayoshi Son, Neuman, SoftBank, Morningstar, You'd, Goldman Sachs, Tim Cook, Cook, Elon Musk Organizations: Nvidia, United, United Arab Emirates, Service, SoftBank's, Business, Ark Venture, BI, Apple Locations: United Arab, Silicon, Silicon Valley

☆ Asia-Pacific markets trade mixed as investors weigh China stimulus, oil gains
▼ + stars: | 2024-10-03 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: 1 min

The Tokyo Tower, left, and commercial and residential buildings in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty ImagesSINGAPORE — Asia-Pacific markets traded mixed on Friday following losses on Wall Street, with concerns over Middle East tensions keeping investors on edge in the run up to September's U.S. payrolls report. Hong Kong's Hang Seng index futures were at 22,091, lower than the HSI's last close of 22,113.51. Markets in mainland China will reopen on Oct. 8. Chinese stocks had been on a tear after authorities announced a slew of support measures last week.

Persons: Akio Kon, Australia's Organizations: Bloomberg, Getty Images, Nikkei Locations: Tokyo, Minato district, Japan, Getty Images SINGAPORE, Asia, Pacific, China

☆ Nvidia stock jumps after CEO Jensen Huang says 'demand for Blackwell is insane'
▼ + stars: | 2024-10-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Nvidia stock rose as much as 5% on Thursday after CEO Jensen Huang noted strong demand for its Blackwell GPU. AdvertisementNvidia stock jumped as much as 5% on Thursday following comments from CEO Jensen Huang about the strong demand the company is experiencing for its next-generation Blackwell GPU chips. "Demand for Blackwell is insane," Huang said in an interview with CNBC on Wednesday after the market close. Advertisement"Blackwell is in full production, Blackwell is as planned," Huang said. Huang emphasized in the interview that Nvidia has its fingerprints all over various layers of the computing stack, from GPU chips to software to networking components.

Persons: Jensen Huang, Huang, Blackwell, —, Larry Ellison, Ellison, Elon Musk, Hopper, we're Organizations: Blackwell, Nvidia, Service, CNBC, Oracle

☆ Tesla just stopped selling the cheapest version of the Model 3 in the US. An analyst called it 'a smart strategic move.'
▼ + stars: | 2024-10-03 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +4 min

Tesla just quietly removed its most affordable Model 3 from the US lineup on its website. Analyst Dan Ives called the shift strategic, as Tesla's focus in the US remains on the Model Y. AdvertisementTesla just silently killed its most affordable version of the Model 3 sedan in the US — a good move, one bullish analyst told Business Insider. Now, the cheapest Tesla car is the Model 3 Long Range Rear-Wheel Drive, priced at $42,490. Dan Ives, an analyst at Wedbush and a longtime Tesla bull, told Business Insider that the discontinuation is "a smart strategic move" signaling a greater focus on the Long Range Model 3.

Persons: Tesla, Dan Ives, —, Elon, Ives, Nio Organizations: Service, Reuters, EV, Vehicles, China Cold Tech, US, HSBC, country's, BI Locations: China, US

☆ Fact check: Amid bipartisan praise for Biden hurricane response, Trump falsely claims reviews are ‘universally’ negative
▼ + stars: | 2024-10-03 | by ( Daniel Dale | ) edition.cnn.com time to read: +4 min

The Biden administration’s response to the hurricane has received bipartisan praise from political leaders in affected states. But Trump’s assertion that reviews for the Biden administration’s handling of the crisis have been entirely negative is not true. And this is just the latest Trump false claim on the subject of the administration’s hurricane response. Brian Kemp hadn’t been able to get Biden on the phone, though Kemp had said the same day that he had already spoken to Biden. Praise from Republican governorsVarious Republican governors in the southeastern states hit by Hurricane Helene have praised the Biden administration’s response, sometimes naming Biden in particular.

Persons: Donald Trump, Hurricane Helene, Joe Biden, Kamala Harris “, Trump, Biden, Brian Kemp hadn’t, Kemp, Trump baselessly, Roy Cooper, Henry McMaster, “, Pete Buttigieg, Deanne Criswell, Glenn Youngkin, Bill Lee, Lee, North Carolina Cooper, Cooper, “ We’re, ” Cooper, Harris, Esther Manheimer, ” Organizations: Washington CNN, Biden, Georgia Gov, Democratic, Republican South Carolina Gov, Transportation, McMaster, Federal Emergency Management Agency, Republican Virginia Gov, FEMA, Republican Tennessee Gov, North, MSNBC Locations: Hurricane, North Carolina, Carolina, Asheville

☆ OpenAI's latest funding round could be a bargain or a bust for investors
▼ + stars: | 2024-10-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The high-profile startup announced the closing of a $6.6 billion funding round that valued it at $157 billion. And more exits could be coming since OpenAI is reportedly working on allowing its employees to sell their shares in the company . Win McNamee and Didem Mente/Anadolu Agency via Getty Images; Jenny Chang-Rodriguez/InsiderIt's important to remember OpenAI's eye-popping valuation is just that … a valuation. Which gets us back to $157 billion OpenAI.

Persons: —, Elon Musk's, Josh Kushner's, Cathy Wood's, Chase, Here's, Mira Murati, Kevin Weil, Rob Price, OpenAI, Sam Altman, Win McNamee, Didem, Jenny Chang, Rodriguez, Brad Gerstner, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Elon, Elon Musk's SpaceX, Venture, Microsoft, Nvidia, Anadolu Agency, Getty, Big Tech Locations: Silicon Valley, New York, London

☆ Elon Musk burned $10 million to help Ron DeSantis and has spent years backing Republican causes: reports
▼ + stars: | 2024-10-03 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Elon Musk had funded Republican causes long before he endorsed Trump in July, per new reports. AdvertisementElon Musk, a vocal backer of former President Donald Trump's presidential campaign, has quietly funded Republican causes for years, according to new reports. Ron DeSantis of Florida a $10 million donation for his short-lived presidential bid in 2023, The Wall Street Journal reported on Wednesday, citing people familiar with the donation. Musk gave the money to a group called Faithful & Strong Policies, The Journal reported. In July, the Journal reported that Musk had committed to donating $45 million monthly to the PAC.

Persons: Elon Musk, Trump, —, Elon, Donald Trump's, Ron DeSantis, Musk, DeSantis, Joe Biden, Biden, didn't Organizations: America PAC, Service, SpaceX, Street, Republican, Sanity, Guardian, Reuters, Trump, PAC, Federal, Commission, DeSantis, Business Locations: Florida, America

☆ Mark Zuckerberg is now world's second-richest person, ahead of Jeff Bezos
▼ + stars: | 2024-10-03 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world's second richest person. The Facebook co-founder now trails Tesla chief Elon Musk by roughly $50 billion, the index showed. Meta has pointed to its hefty artificial intelligence investments as helping improve the performance of its online advertising platform as a reason for its sales growth. The company's online advertising system suffered a major setback in 2021 when Apple introduced an iOS privacy update that weakened its ability to track users across the web. Investors reacted favorably to Meta's cost cutting while the company's online advertising business began to rebound and was bolstered by the massive digital ad spending campaigns by Chinese-linked retailers Temu and Shien.

Persons: Mark Zuckerberg, Jeff Bezos, Elon Musk, Meta, Zuckerberg Organizations: Meta, Facebook, Bloomberg, Amazon, Apple, Investors, Orion, CNBC Locations: Meta

☆ A woman’s house collapsed into floodwaters. Meet the man who saved her life
▼ + stars: | 2024-10-03 | by ( Samantha Lindell | ) edition.cnn.com time to read: 1 min

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☆ NFL Week 5 preview: Five things to watch out for
▼ + stars: | 2024-10-03 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +18 min

CNN —It’s hard to believe it’s already Week 5 of the NFL season! “So absolutely, positively, did he learn a ton and was this walkthrough today or was the team orchestrated stuff today absolutely better than last week? Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8. Conversely, there are only good vibes around the Vikings as they enter Week 5 as one of two undefeated teams left in the NFL.

Persons: CNN —, it’s, Tyler Huntley, Skylar Thompson hasn’t, Huntley, Brennan Asplen, Mike McDaniel, “, ” McDaniel, Jayden Daniels, Daniels, Kliff Kingsbury, Patrick Mahomes, Rick Scuteri, Kingsbury, Kliff, “ I’m, Diggs, Josh Allen, Diggs ’, CJ Stroud, “ It’s, ” Stroud, Maria Lysaker, Collins, Stef, Mike Tomlin, ” Tomlin, can’t, ”, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, Trevor Lawrence, Eric Gay, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, DeMarcus Lawrence, Micah Parsons, TJ Watt, Robert Saleh, he’s, Aaron Rodgers ’, Justin Jefferson Organizations: CNN, NFL, Philadelphia Eagles, Detroit Lions, Los Angeles Chargers, Tennessee Titans, Dolphins, Miami Dolphins, Jacksonville Jaguars, Cleveland Browns, Browns, New England Patriots, Baltimore Ravens, Titans, Miami, New, Washington, Arizona Cardinals, Big AFC, Houston The Buffalo Bills, Texans, Bills, Houston, Buffalo, Nico, AFC, America’s, Steel City, Sunday, Football, Pittsburgh Steelers, Dallas Cowboys, Steelers, Cowboys, ” Washington, Getty Images Denver Broncos, New York Jets, Broncos, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, AP San Francisco 49ers, 49ers, AP New York Giants, Giants, USA, Sports, Reuters, Buffalo Bills, Getty Images Minnesota Vikings, Vikings, Houston Texans, Getty Images Pittsburgh Steelers, Green Bay Packers, Packers, AP Minnesota Vikings, AP Dallas Cowboys, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Bears, Patriots, New York Giants, AP Buffalo Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, ‘, Pittsburgh, Colts, Tottenham Hotspur, Jaguars, Jets, Denver Broncos Locations: Miami, New England, Washington, Houston The, Houston, Dallas, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Santa Clara , California, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Inglewood , California, Cleveland, Tampa , Florida, Atlanta, Chicago, Cincinnati, São, South America, Pennsylvania, United Kingdom, London, New, New York

☆ Here's where OpenAI's 11 cofounders are now
▼ + stars: | 2024-10-03 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

Most of OpenAI's cofounders have left the startup, with some going to rivals. Here's where all 11 of its cofounders are now and how many remain at the $157 billion company. Here's where all of the 11 cofounders are now. According to her LinkedIn profile, she used to work at Facebook as an AI research engineer before joining Stripe as a software engineer in 2016. OpenAI and none of its 11 cofounders immediately responded to Business Insider's requests for comment, made outside normal working hours.

Persons: it's, Sam Altman, —, OpenAI, Mira Murati, Barret Zoph, Bob McGrew, Ilya Sutskever, John Schulman, Anthropic, Jason Redmond, Altman, John Schulman Schulman, OpenAI's, Jan Leike, Schulman, Wojciech Zaremba Zaremba, Zaremba, Ekon, Musk, Ilya Sutskever Ilya Sutskever, JACK GUEZ, Getty Sutskever, Sustkever, Sustskever, Greg Brockman Brockman, he's, Kingma, Andrej Karpathy Andrej Karpathy, Karpathy, Vicki Cheung Cheung, Elon, Elon Musk, ALAIN JOCARD, Brockman, cofounding OpenAI, Pamela Vagata Vagata, Trevor Blackwell Blackwell, cofounders Organizations: Here's, Service, Getty, OpenAI's Superalignment, OpenAI, Inc, Google DeepMind, Anthropic, Tesla, San Francisco Chronicle, Hearst Newspapers, Getty Images Research, Eureka Labs, SpaceX, The Boring Company, Facebook Locations: AFP, OpenAI, cofounding, Pebblebed

☆ Elon Musk called OpenAI 'evil' for telling investors not to fund his company and other rivals
▼ + stars: | 2024-10-03 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

OpenAI just secured $6.6 billion in its latest funding round. The company asked investors not to back its rivals like Elon Musk's xAI, per Reuters. Musk, who is in an ongoing feud with OpenAI, called the company "evil." That funding round, which included big-name investors like Thrive Capital, Microsoft, and Nvidia, had a stipulation that Musk isn't so happy with: Don't support OpenAI's rivals. Some of OpenAI's investors have already backed other AI startups.

Persons: OpenAI, Elon Musk's, Musk, —, Elon Musk, Sam Altman, Anthropic, Ilya Sutskever's, Musk's, Altman Organizations: Elon, Elon Musk's xAI, Reuters, Service, Microsoft, Nvidia, Financial Times, OpenAI, Street Locations: OpenAI

☆ JPMorgan just raised its price target for Tesla — but it still expects a 48% crash in the stock
▼ + stars: | 2024-10-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

JPMorgan sees the stock drifting even lower, by as much as 48% to its $130 price target. AdvertisementJPMorgan raised its price target for Tesla stock — but the bank still sees shares of Elon Musk's electric carmaker falling almost 50% in the coming year. Tesla stock is down 7% since it reported third-quarter vehicle deliveries on Wednesday, but JPMorgan thinks it can go much lower. In a Thursday note, the bank set its December 2025 Tesla stock price target to $130, representing potential downside of 48% from Wednesday's close. AdvertisementJonas has a $310 price target for Tesla stock, more than double Brinkman's $130 target.

Persons: Tesla, —, Ryan Brinkman, Brinkman, Dan Ives, Elon Musk, that's, Adam Jonas, Morgan Stanley, Jonas Organizations: JPMorgan, Service, Elon, Wall, Toyota Locations: Wednesday's

☆ OpenAI's chairman says AI is in a bubble — but one that could be wildly lucrative
▼ + stars: | 2024-10-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

The AI bubble, Taylor said, will be similar to the dot-com bubble in the late 1990s. AdvertisementThe buzz surrounding AI may echo the exuberance and excesses of the dot-com bubble in the late 1990s, OpenAI chairman Bret Taylor said in a podcast that aired on Wednesday. "I think the AI bubble will rhyme with the dot-com bubble and I believe with the benefit of hindsight, most of the excess of the dot-com bubble might have been justified," Taylor added. Most of today's leading tech companies like Amazon and Google, Taylor said, were started during the dot-com bubble. Advertisement"A huge percentage of the gains in the stock market over the past 30 years have more or less been these digital companies created in the dot-com bubble," Taylor said.

Persons: Bret Taylor, Sam Altman's, Taylor, Harry Stebbings, —, Sam Altman, Mark Twain, Stebbings, Elon Musk, Goldman Sachs, Jim Covello, hasn't, We’ve, Elon, Musk Organizations: OpenAI's, Service, Google, Business Insider, Stanford, Facebook, Elon Locations: OpenAI, Silicon Valley

☆ Elon Musk's xAI has moved into OpenAI's old HQ: report
▼ + stars: | 2024-10-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Elon Musk's xAI has moved into OpenAI's founding HQ. Musk subsequently left OpenAI and has become increasingly critical of the company, founding rival startup xAI last year. AdvertisementElon Musk is racing to upstage OpenAI — and now the billionaire has moved his own AI startup into the company's old HQ. Musk's AI startup xAI has taken over OpenAI's original office in San Francisco's Mission district, according to a report from the San Francisco Business Times. It comes amid an escalating war of words between the Tesla CEO and the AI startup he helped found in 2015.

Persons: Elon Musk's xAI, Musk, —, Elon, Martin von Hagen, Elon Musk, xAI, Sam Altman, OpenAI, Greg Brockman, refiled, Altman, he'd Organizations: Service, San Francisco Business Times, San Francisco Chronicle, sublease, Microsoft Locations: San Francisco's Mission, OpenAI

☆ Elon Musk's 'apocalypse-proof' Cybertruck gets its 5th recall in 12 months
▼ + stars: | 2024-10-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

The "apocalypse-proof" truck has been recalled for the fifth time in 12 months. AdvertisementTesla's Cybertruck has had a rocky rollout since it launched last year — and now it's hit another speed bump. It's the fifth recall to hit the Cybertruck in the last 12 months. Elon Musk previously said the Cybertruck would be "apocalypse-proof," bulletproof, and even briefly serve as a boat. The latest recall hints at just how many Cybertrucks Tesla has sold.

Persons: Tesla's Cybertruck, —, Cybertruck, Tesla, Elon Musk Organizations: Service, Traffic, Administration, Mobility

☆ Watch Thursday's full episode of Fast Money — October 3, 2024
▼ + stars: | 2024-10-03 | 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 EmailWatch Thursday's full episode of Fast Money — October 3, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

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