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☆ Nvidia CEO Jensen Huang says 'demand is just so strong' for its hot AI chips
▼ + stars: | 2024-05-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Nvidia announced it is shipping its new Blackwell AI chip next quarter amid high demand. CEO Jensen Huang highlighted the strong interest in both Blackwell and current Hopper chips. "People want to deploy these data centers right now," CEO Jensen Huang told Yahoo Finance on Wednesday. "They want to put our GPUs to work right now, and start making money and start saving money. And so that demand is just so strong," Huang added, referring to graphics processing units.

Persons: Jensen Huang, Blackwell, —, they're, Huang Organizations: Nvidia, Blackwell, Hopper, Service, Yahoo Finance, Business

☆ A Texas man bought a home, only to discover that a squatter and a 'pretty big goat' were living there. When he tried to get in months later, the goat attacked his dad.
▼ + stars: | 2024-05-23 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

A man in Texas purchased a new house only to find a squatter and her goat still living there. He bought the San Antonio property for $175,000 from a woman who was about to foreclose. AdvertisementWhen Daniel Cabrera purchased a five-bedroom property in San Antonio, he didn't expect to find the previous inhabitant still living there along with her aggressive pet goat. Cabrera, a professional homebuyer, purchased the property for $175,000 from a woman who was about to foreclose, Fox News reported. This story is available exclusively to Business Insider subscribers.

Persons: —, Daniel Cabrera, Cabrera, couldn't Organizations: San, Service, Fox News, Business Locations: Texas, San Antonio, foreclose

☆ 5 millennials who are on their way to financial independence share why they have no intention of retiring early
▼ + stars: | 2024-05-23 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

October, a speech-language pathologist for New York City Public Schools, started her journey toward financial independence a few years ago. October is one of many millennials who are working toward achieving financial independence, one of the main goals of the FIRE — financial independence, retire early — community. Some millennials who successfully achieved financial independence told BI that a traditional retirement is overrated. Advertisement"The whole time I've been thinking in terms of my financial independence as what I call single-player mode. She sees financial independence as an extension of her drive to fulfill passion projects.

Persons: —, Shelly, she'll, she's, She's, millennials, They're, Scott Rieckens, Millennials, Oz Chen, he's, Oz Chen He's, hasn't, I'm, Chen, Gabriela Ariza, Ariza, David, Jill Pawley, Jilly Pawley, they'll, they've, It's, Jill Organizations: Service, New York City Public Schools, Business, Neighborhood Assistance Corporation of America Locations: Yonkers, New York City, Los Angeles, Illinois, Chicago, Rockford, Haiti, Michigan

☆ Elon Musk predicts smarter-than-humans AI in 2 years. The CEO of China's Baidu says it's 10 years away
▼ + stars: | 2024-05-23 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Chesnot | Getty ImagesPARIS — Robin Li, CEO of one of China's biggest tech firms Baidu , said artificial intelligence that is smarter than humans is more than 10 years away, even as industry staple Elon Musk predicts it will emerge very soon. Artificial general intelligence, or AGI, broadly relates to AI that is as smart or smarter than humans. Li, whose company Baidu is one of China's leading AI players, signals this isn't realistic. I think [it] is more than 10 years away," Li said during a talk on Wednesday at the VivaTech conference in Paris. "[My] fear is that is that AI technology is not improving fast enough.

Persons: Robin Li, Porte de Versailles, Musk, AGI, Sam Altman, Li, it's, Everyone's Organizations: Baidu, Viva Technology, Parc, Getty, PARIS, Elon Locations: Paris, France, Europe

☆ RFK Jr. joins the meme-stock crowd — and plows $24,000 into GameStop in a show of support
▼ + stars: | 2024-05-23 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

The meme-stock "apes" have attracted a new member: Robert F. Kennedy Jr. The presidential candidate said he'd bought $24,000 of GameStop stock in a show of support. Kennedy endorsed retail investors' calls for reforming Wall Street to level the playing field. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRobert F. Kennedy Jr. has joined the meme-stock movement — and shown he's serious by investing in GameStop.

Persons: Robert F, Kennedy Jr, he'd, Kennedy, — Organizations: GameStop, Service, Business Locations: Wall Street

☆ Celibacy might suck, but it's better than dating apps. Hooking up with old friends is the way to go.
▼ + stars: | 2024-05-23 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +6 min

But, since then, the apps seemed to have changed the way dating worked. Celibacy and a different approach to dating are, to me, the only answers to the kind of dehumanizing behavior the apps today provoke. AdvertisementThe author stopped using dating apps and only dates men she already knows. Dating apps throw people together with none of the social glue that binds us in our IRL trusted networks. Some people might call this style of dating "friends with benefits," but I don't.

Persons: Tinder, Bumble, I've, We'd, who'd, we're, I'd Organizations: Service, National, coy, Facebook, IRL Locations: Spain, Ireland, Istanbul

☆ CNBC Daily Open: Nvidia shares top $1,000 on AI boom
▼ + stars: | 2024-05-23 | 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. Nvidia to split stock, sales to soarShares of Nvidia rose more than 7%, topping $1,000 for the first time, in after-hours trading after its first-quarter earnings and sales beat analysts' expectations. The company plans to split its stock 10 for 1. The media outlet went public in 2021 and has seen its shares fall 94% since then.

Persons: OpenAI, Vivek, Vivek Ramaswamy, Ramaswamy, Goldman Sachs Organizations: CNBC, Nvidia, Dow Jones, Nasdaq, Dow, Google, GOP, Securities and Exchange Commission

☆ A psychology expert’s No. 1 tip on how to use your fear of death to live your best life
▼ + stars: | 2024-05-23 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

The thought of no longer existing is too painful and grim for many to bear and is frequently avoided, but one psychology expert thinks people need to face their fear of death head-on to live more fulfilling lives. "Most people like to count their money and I like to say how about we also count our Mondays?" This serves as a reminder of the scarcity of time, pushing people to take action in their lives. When you remember how many days you have left, you're more likely to book that tennis lesson. "If you were going to die tonight what would you wish you had taken action on?

Persons: Jodi Wellman, Wellman Organizations: CNBC, University of Pennsylvania

☆ Konya: Turkey’s ancient city of whirling dervishes
▼ + stars: | 2024-05-22 | by ( Robert Iddiols | ) edition.cnn.com time to read: +7 min

Konya, Turkey CNN —When most people think of Turkey bucket list destinations, a few obvious ones spring to mind - Istanbul, Turquoise Coast hotspots like Bodrum or the otherworldly landscapes of Cappadocia. As well as being a renowned Islamic scholar, Rumi launched the Mevlevi Order of the Whirling Dervishes. And while they can be seen in various locations across Turkey, Konya is the beating heart of their activities. Abdullah Çetín, a photographer based in Konya, says the city and region’s history is also what puts it on the map. Murat Oner Tas/Anadolu Agency/Getty ImagesKonya is also a jumping off point for Lake Tuz, a large hypersaline lake that lies about two hours’ drive northeast of the city.

Persons: –, it’s, Celaleddin Rumi, Rumi, Maulana, ”, Kerem Polat, Adem Altan, Polat, “, ” Polat, Abdullah Çetín, Çetín, Murat Oner Tas, Fahri Tunç, Tunç, ’, ‘, ” Tunç, he’s Organizations: CNN, Turkey CNN, Getty, ”, Mevlana Museum, Anadolu Agency Locations: Konya, Turkey, Istanbul, Turquoise, – Konya, Adem, AFP, Sultanate of Rum, Balkh, Afghanistan, Mecca, Medina, Anatolia, mycan, Sille, Gevale, Rumi, Konya “, Lake Tuz, Salt, Tuz

☆ Nvidia's Jensen Huang gave us all the details on when its new big-ticket AI chip will hit the market
▼ + stars: | 2024-05-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Nvidia CEO Jensen Huang said the company's newest AI chip will start shipping next quarter. The Blackwell chip is twice as fast Nvidia's current Hopper chip. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In a gangbusters earnings call on Wednesday, Nvidia CEO Jensen Huang laid out an accelerated timeline for the deployment of Blackwell, the company's newest AI chip that is twice as fast as Nvidia's current iteration and boasts five times the AI performance. Huang unveiled the Blackwell chip earlier this year in March, but the company has been working on its production for some time now, he said this week.

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

☆ Apple thinks it's figured out the top 10 albums of all time. That's kicked off debate among music fans.
▼ + stars: | 2024-05-22 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

The Apple Music team has released its list of the top 100 albums of all time list. AdvertisementApple Music has released its list of the best albums of all time, and it's dividing the internet. The music streamer released its top 100 albums over several days, and the top spot was revealed Wednesday morning. "The Miseducation of Lauryn Hill," released in 1998 by Lauryn Hill, is ranked No. 1, according to Apple Music.

Persons: —, Lauryn Hill, Hill, Michael Jackson, Frank Ocean Organizations: Apple Music, Service, Business

☆ I ranked 4 brands of beef hot dogs, and the organic ones had the most flavor and snap
▼ + stars: | 2024-05-22 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

I tried beef hot dogs from Nathan's, Sabrett, Applegate, and Ball Park. Ball Park had the thickest frank, but I thought Applegate's organic hot dogs packed the most flavor. I didn't think Sabrett's less-than-flavorful hot dogs warranted their higher price tag. The months between Memorial Day and Labor Day are recognized as "hot dog season" by the sausage industry. According to the National Hot Dog and Sausage Council, Americans consume roughly 7 billion hot dogs during this time and produce roughly $614 million in hot-dog sales.

Persons: Applegate, — Organizations: Ball, Service, Day, Labor, Sausage Council, Business

☆ Inflection AI has a new game plan after Mustafa Suleyman defected to Microsoft
▼ + stars: | 2024-05-22 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Inflection AI unveiled a new strategy to focus on building empathetic chatbots for businesses. It comes after Mustafa Suleyman resigned as CEO and joined Microsoft with most of the team. The startup's new leadership team told VentureBeat that it's "well funded for 18 months." The startup laid out a rehashed strategy following its partial implosion about two months after CEO Mustafa Suleyman decamped to Microsoft along with most of its 70 staff. Inflection's executive team told VentureBeat that its new plan of action is focusing on business-centric "empathetic" chatbots to help stand out in the highly competitive AI sphere.

Persons: Mustafa Suleyman, VentureBeat, —, Mustafa Suleyman decamped Organizations: Microsoft, Service, Business

☆ It's not your imagination. Pickleball courts are everywhere
▼ + stars: | 2024-05-22 | by ( Jessica Golden | ) www.cnbc.com time to read: +4 min

In 2017, fewer than half of the largest U.S. cities offered formalized pickleball courts. "We have found New York City parks to really understand the popularity of pickleball and also the need for more courts," said Cannon. We're excited to meet the increasing demand and bring Pickleball Kingdom's premier indoor pickleball to the masses," said Ace Rodrigues, founder and CEO of Pickleball Kingdom. Pickleball courts are also popping up at gyms throughout the country. Life Time, an "athletic country club," currently boasts almost 700 pickleball courts across its 170 U.S. locations.

Persons: Wang Fan, Will Klein, Klein, pickleball, Erica Desai, Mary Cannon, Pickle, Cannon, Desai, Pickleball, Rodrigues, Andre Agassi, Bahram Akradi, Ben Johns, Collin Johns, Anna Bright, Tyson McGuffin, Mike Stobe Organizations: Central Park, China News Service, Getty, Trust, Public, Pickle, Long, PENN, Garden Locations: Central, New York City, pickleball, Louisville , Kentucky, Madison , Wisconsin, Honolulu, Manhattan , Brooklyn, Long Island City, Kingdom, Pickleball, United States, Pickleball Kingdom, U.S, Annapolis , Maryland, Madison

☆ I've dined at 75 Disney World restaurants. These 5 are actually worth the money.
▼ + stars: | 2024-05-22 | by ( Trisha Daab | ) www.businessinsider.com time to read: +1 min

Disney World is known for its rides and shows, but it puts a lot of effort into its dining as well. I've dined at 75 Disney restaurants to try to find the best experience and food. Some spots, like Story Book Dining, Space 220, and Sanaa are magical and worth the money. Luckily, I've dined at 75 of the property's restaurants, so I know which pricey meals are actually worth splurging on. Here are five Disney World restaurants that I think have the perfect blend of immersive theming, delicious food, and Disney magic.

Persons: I've, — Organizations: Disney, Service

☆ People are dunking on Google search AI's nonsensical answers
▼ + stars: | 2024-05-22 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Certain searches get responses that are nonsensical or downright wrong. Google said the examples were "extremely rare queries, and aren't representative of most people's experiences." AdvertisementGoogle promised a sweeping overhaul to its ubiquitous search at I/O last week — but users are already pushing its limits. Rather than giving you a list of third-party web pages, the new Google search function creates a new box with conversational answers culled from across the web and fueled by generative AI. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Google, Service, Business

☆ Looks like TikTok employees are the latest victims of the tech layoffs, according to new report
▼ + stars: | 2024-05-22 | by ( Kelsey Vlamis | Hannah Getahun | ) www.businessinsider.com time to read: +1 min

TikTok announced layoffs in its operations and marketing departments, staffers told The Information. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. TikTok informed employees this week it plans to lay off a large number of people from its operations, content, and marketing departments, unnamed staffers told The Information, which on Tuesday was the first to report the news. Impacted employees will be notified on Wednesday night or Thursday morning, according to The Information's report. This story is available exclusively to Business Insider subscribers.

Persons: TikTok, — Organizations: Service, Business Locations: TikTok

☆ Oil prices extend losing streak, on pace for third daily decline
▼ + stars: | 2024-05-22 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

An oil pumpjack is pictured in the Permian Basin in the Loco Hills regions, New Mexico, on April 6, 2023. Crude oil futures fell for a third session Wednesday, extending this week's losing streak as prices soften ahead of a crucial OPEC meeting in June. OPEC and its allies, led by Russia, will hold a crucial meeting to review production policy next weekend. A coalition of nations in the broader OPEC+ grouping are cutting 2.2 million barrels per day, which has supported oil prices this year. The group is likely to extend those production cuts as prices soften, according to analysts.

Organizations: Brent, OPEC, Investors, Federal Locations: New Mexico, Russia

☆ 4 totally unverified theories about Vivek Ramaswamy and BuzzFeed
▼ + stars: | 2024-05-22 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Vivek Ramaswamy ran a failed campaign for the Republican presidential nomination. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhy is Vivek Ramaswamy buying up shares of BuzzFeed? Let's start by stating the obvious: It is very funny to type the sentence "Why is Vivek Ramaswamy buying up shares of BuzzFeed?" Ramaswamy, as you may recall, was a fringe candidate in the most recent Republican presidential primary, where his platform consisted of praising Donald Trump and promising to "Take America First further than Trump."

Persons: Vivek Ramaswamy, What's, —, Ramaswamy, Donald Trump Organizations: Republican, Service, Trump Locations: Iowa

☆ Stock market today: Indexes slip as traders await Nvidia's earnings report
▼ + stars: | 2024-05-22 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

US stocks traded lower as investors waited for Nvidia's first-quarter earnings report after the close. Investors also took in comments from Fed officials, which suggested rate cuts weren't imminent. AdvertisementUS stocks slid lower on Wednesday as traders took looked ahead to Nvidia's highly anticipated first-quarter earnings report and took in the latest commentary from Federal Reserve speakers. All three benchmark indexes traded lower, while bond yields ticked higher. Markets have been dialing back their expectations for Fed rate cuts all year.

Persons: Nvidia's, —, Susan Collins, Loretta Mester Organizations: Investors, Service, Federal Reserve, Treasury, Nvidia, Bloomberg, Boston, Cleveland Fed, Fed, Here's

☆ Today's minutes indicated the Fed is impatient with the pace of declining inflation, says Jim Cramer
▼ + stars: | 2024-05-22 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailToday's minutes indicated the Fed is impatient with the pace of declining inflation, says Jim Cramer'Mad Money' host Jim Cramer digs into how the markets reacted to today's Fed minutes.

Persons: Jim Cramer

☆ Buying a house gets even more expensive
▼ + stars: | 2024-05-22 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Home prices climbed to record highs for April, according to the National Association of Realtors. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHome prices reached record highs in April, a new report from the National Association of Realtors found. The median price of an existing home climbed 5.7% year over year in April to $407,600, keeping pressure on prospective homeowners already dealing with high interest rates. The association said it's the 10th month in a row of year-over-year increases and the highest-ever tally for the month of April.

Persons: —, it's Organizations: National Association of Realtors, Service, Business

☆ Baby boomers have been America's secret weapon for fending off recession
▼ + stars: | 2024-05-22 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewTalks of a looming recession are flaring across Wall Street, but the savings war chest of baby boomers has staved off a US downturn. AdvertisementInstead, only the goods sector has shown signs of a growth recession, Yardeni said. But that's after the lockdown's hard-to-beat buying spree; today, goods spending remains at a record high when adjusted for inflation. Related storiesBut to Yardeni, they're the reason no consumer recession has appeared in the past two years, he separately wrote in April:"The Baby Boomers watched a lot of 'Star Trek' during the 1960s. AdvertisementMeanwhile, the baby boomer focus on service spending may also have deformed indicators, making things look gloomier than they are.

Persons: —, Ed Yardeni, Yardeni Organizations: Service, Business, Financial Times, Boomers

☆ Three European Nations Recognized a Palestinian State
▼ + stars: | 2024-05-22 | by ( Matthew Cullen | ) www.nytimes.com time to read: 1 min

Leaders of Spain, Norway and Ireland said today that their governments would recognize an independent Palestinian state, despite vehement Israeli and American opposition. Well over 100 other countries have recognized a Palestinian state, but in Europe, Israel had enjoyed broad support. That dynamic has begun to shift as the war in Gaza has dragged on. The U.S. supports the eventual creation of a Palestinian state as part of a two-state solution to the conflict between Israel and the Palestinians, but a White House spokeswoman said today that statehood should be achieved through negotiations, not declarations. Israeli officials denounced the recognition as “a gold medal to Hamas terrorists,” and said they would withhold much-needed tax revenues from the Palestinian Authority.

Persons: Israel Organizations: Palestinian Authority Locations: Spain, Norway, Ireland, Israel, Palestinian, Europe, Gaza, U.S

☆ Fed Minutes Show Officials Were Wary About Inflation at May Meeting
▼ + stars: | 2024-05-22 | by ( Jeanna Smialek | More About Jeanna Smialek | ) www.nytimes.com time to read: +1 min

Federal Reserve officials were wary about the recent lack of progress on inflation and remained willing to lift interest rates if conditions made it necessary as of their two-day meeting that ended on May 1. Minutes from the gathering, released Wednesday, showed that “many” officials expressed uncertainty about how much today’s interest-rate setting — 5.3 percent, up sharply from near zero in early 2022 — was weighing on the economy. Officials have been clear that they expect to leave interest rates unchanged for now, hoping that they are tapping the brakes on economic growth enough to quash inflation over time. And central bankers have repeatedly emphasized that they expect the next move on interest rates to be a reduction, not an increase. But policymakers have stopped short of ruling out a future rate increase, allowing that it’s a possibility if inflation proves surprisingly rapid.

Persons: — Organizations: Federal

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