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☆ Elon Musk's new AI chatbot sure sounds like a foul-mouthed Twitter troll
▼ + stars: | 2023-11-06 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Elon Musk's artificial intelligence startup xAI released its first model, named Grok, on Saturday. AdvertisementAdvertisementElon Musk's new AI chatbot launched on Saturday — and it appears to have the personality of a foul-mouthed Twitter troll. Musk's startup xAI released its first AI model , Grok, over the weekend to a select group of users. AdvertisementAdvertisementGrok's trolling marks a departure from other AI models, which mostly adopt a carefully neutral tone and have tight controls around explicit content. He said the AI chatbot would be made available to all X Premium users once it is out of its early Beta.

Persons: XAI, —, Elon, chatbot, Grok, Christopher Stanley, Stanley, Claude, Toby Pohlen, Microsoft's Tay, Musk Organizations: Elon, Service, X Locations: OpenAI

☆ No one's been this pumped for a keynote since Steve Jobs launched the iPhone
▼ + stars: | 2023-11-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The buzz among developers is reminiscent of the iPhone and App Store launches. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe AI developer community is so hyped for an upcoming keynote that it's giving Steve Jobs-launches-the-iPhone energy all over again. ChatGPT developer OpenAI is kicking off its first developer conference in San Francisco on Monday, almost a year after releasing the chatbot publicly for free. Ultimately, the App Store changed software development and became a major revenue spinner for Apple.

Persons: —, Steve Jobs, OpenAI, Sam Altman, NCENOGzcq5, 4EjZo7huFQ, Brian Roemmele, Charley Ma, Yasser Elsaid, Altman Organizations: Service, Apple Locations: San Francisco, OpenAI, ChatGPT

☆ AI's most famous leaders are in a huge fight after one said Big Tech is cynically exaggerating the risk of AI wiping out humanity
▼ + stars: | 2023-11-01 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Andrew Ng, formerly of Google Brain, said Big Tech is exaggerating the risk of AI wiping out humans. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementSome of the biggest figures in artificial intelligence are publicly arguing whether AI is really an extinction risk, after AI scientist Andrew Ng said such claims were a cynical play by Big Tech. Andew Ng , a cofounder of Google Brain, suggested to The Australian Financial Review that Big Tech was seeking to inflate fears around AI for its own benefit. — Geoffrey Hinton (@geoffreyhinton) October 31, 2023Meta's chief AI scientist Yann LeCun , also known as an AI godfather for his work with Hinton, sided with Ng.

Persons: Andrew Ng, OpenAI's Sam Altman, —, Andew Ng, Ng, It's, Elon Musk, Sam Altman, DeepMind, Demis Hassabis, Googler Geoffrey Hinton, Yoshua, godfathers, — Geoffrey Hinton, Yann LeCun, Hinton, LeCun, Meredith Whittaker, Whittaker Organizations: Google, Big Tech, AI's, Service, Australian Financial Locations: Hinton, British, Canadian, @geoffreyhinton

☆ Here's what reportedly led to Cruise robotaxis getting banned in San Francisco
▼ + stars: | 2023-10-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Officials have banned Cruise robotaxis in San Francisco, warning they are a risk to public safety. Cruise was banned from operating its robotaxi service in San Francisco on Tuesday, with regulators warning that the controversial autonomous car company's vehicles posed "an unreasonable risk to public safety" following a series of accidents. "I can confirm that Cruise showed the full video to the DMV on October 3rd, and played it multiple times," they said. Cruise has been a controversial presence in San Francisco ever since it received approval to run its robotaxi service 24/7 in the city in August. AdvertisementAdvertisementFollowing the suspension of its driverless permits, Cruise announced that it would pause its driverless car services in San Francisco entirely.

Persons: Cruise, —, didn't Organizations: Service, California Department of Motor Vehicles, DMV, Cruise, CA, NHTSA Locations: San Francisco, California

☆ How Much Social Security Will I Get?
▼ + stars: | 2023-10-20 | by ( Aly J. Yale | ) www.wsj.com time to read: +5 min

For these reasons, it is hard to know exactly what your Social Security checks will look like years in advance. Every year, the government adjusts Social Security payouts for inflation—these are called cost-of-living adjustments, or COLA—so averages change, too. However, you can start taking Social Security anytime between ages 62 and 70. Whether or not you’ll owe taxes on your Social Security check is complicated, but more than half of Social Security recipients currently pay taxes on theirs. You can use the Social Security Administration’s Quick Calculator to get a rough idea of your payouts, or if you sign up for a My Social Security account, you’ll get an official estimate straight from the source.

Persons: Aly J, you’ve, You’ll, ”, Krisstin Petersmarck, —, James Sahagian, you’re, you’ll Organizations: Yale, Social Security, Bridgeriver Advisors, Social, Social Security Administration, Ramapo Wealth Advisors Locations: U.S, Bloomfield Hills, Mich, Ramapo, Ramsey , N.J

☆ Musk adds yet more complexity to X with new paid tiers
▼ + stars: | 2023-10-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

X owner Elon Musk says the site will introduce two new premium tiers. He said that the new X Premium would include a more expensive ad-free version. AdvertisementAdvertisementElon Musk has announced that X is launching two new tiers of its premium subscription service. "Two new tiers of X Premium subscriptions launching soon," said Musk in a post on X . The subscription service has since been overhauled and expanded, with subscribers getting an edit button and fewer ads.

Persons: Elon Musk, —, Musk, Eli Lilly Organizations: Service, Bloomberg, Twitter, Facebook, EU Locations: Philippines, New Zealand, Europe

☆ Joe Biden joined Truth Social, and immediately followed Trump
▼ + stars: | 2023-10-17 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

The campaign account also followed Trump, the only person it has followed so far. AdvertisementAdvertisementUS President Joe Biden has launched an account on Donald Trump's Truth Social, as his campaign mocks the his likely rival in next year's election. "We just joined Truth Social, mostly because we thought it would be very funny," said the Biden campaign in a post on X . Truth Social, which was created by former president Trump, has had a bumpy ride since it launched in February 2022 . Truth Social did not immediately respond to a request for comment from Insider, made outside normal working hours.

Persons: Joe Biden, Donald Trump's, Trump, Biden, —, MAGA, Donald Trump Organizations: Republican, Service, Truth Social, Fox News, Biden, Fox, Truth, Facebook, Twitter

☆ Apple's center of gravity is China, not Cupertino
▼ + stars: | 2023-10-06 | by ( Hasan Chowdhury | Huileng Tan | ) www.businessinsider.com time to read: +4 min

Apple might be headquartered in Cupertino but its heart is in China. AdvertisementAdvertisementApple's leadership may operate from the 175-acre, tree-covered campus in sunny Cupertino, California but, in reality, the company's center of gravity is in China. Roughly 95% of Apple products including iPhones, AirPods, Macs and iPads are reported to be made in China . And multiple media outlets reported that China had banned iPhones for government staffers, knocking its share price. Apple CEO Tim Cook likes to present the company's decades-long involvement with China as a cause for celebration.

Persons: —, Research, Tim Cook, Anshuman, Gene Munster, Jay Newman Organizations: Apple, CCP, Service, Hindustan Times, Deepwater Asset Management, Elliott Management, Huawei, China, Forum Locations: Cupertino, China, Cupertino , California, iPhones, India, Taiwan, Beijing

☆ Satellite images show Russia moved parts of its navy out of Crimea after getting hammered by Ukrainian attacks
▼ + stars: | 2023-10-05 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Satellite imagery appears to confirm Russia has moved parts of its navy from Crimea. The move is intended to shield the Black Sea Fleet from Ukrainian drone attacks, per a US think tank. Courtesy of Planet Labs PBCAccording to MT Anderson, two Admiral Grigorovich-class frigates, along with a Krikav-class frigate, three Kilo-class submarines, and a number of smaller ships, were transferred. A Project 22160 patrol ship stationed in the Ukrainian port of Feodosia in eastern Crimea, seen in satellite imagery shared by Planet Labs PBC on October 4, 2023. In recent weeks, Ukraine has intensified its attacks on Russia's Black Sea Fleet, including attacking its command center in Sevastopol on September 22.

Persons: —, Anderson, Grigorovich, Vasily Bykov, MT, Thord, Iversen, Iverson Organizations: Service, Planet Labs PBC, Labs, MT Anderson, UK's Ministry of Defence, Norwegian Navy Locations: Russia, Crimea, Sevastopol, Novorossiysk, Russian, Feodosia, Ukrainian, Russia's, Feodosiya, Ukraine

"I'm very, very lucky because I wouldn't have had the courage to go and do that acquisition, but I give all the credit in the world to Dave Clark," Petersen said. "There's a perfect complement of skill sets," Petersen told Forbes in June 2022. Petersen told Clark he should engage with Shopify's team, according to a person with direct knowledge of the negotiations. Clark, Petersen and Wagers met in Texas in mid-August to fine-tune the forecasts. Flexport told CNBC that an employee's politics are not relevant in personnel decisions.

Persons: Dave Clark, Ryan Petersen, he'd, Petersen, Clark, excoriated Clark, we've, Clark wasn't, Jeff Bezos, It's, Flexport, Clark overspent, Flexport's, He'd, Sanne Manders, Dave, Shopify, Tobias Lutke, Lutke, Shopify's, glanced, didn't, Fund's Trae Stephens, Michael Ronen, SoftBank, Andreessen Horowitz, Bob Swan, Samyukta Lakshmi, Kenny, Stuart Leung, pare, Leung, —, Lindsey Wasson, Clark's, Stephens, Peter Thiel, Trump's, Petersen's, Sen, Joe Manchin, Chris Ferro, Ferro, Parisa Sadrzadeh, couldn't, Amazon, Sadrzadeh, Burak Yolga, Yolga, Nelly Organizations: North, Amazon, Twitter, CNBC, UPS, FedEx, Milken Institute Global Conference, Bloomberg, Getty, Forbes, Deliverr, Shopify's, Anduril Industries, Intel, Intel Corp, U.S ., Clark, Republican, Founders Fund, Democratic, Street Journal, Flexport Locations: Phoenix, Silicon, Clark, Beverly Hills , California, U.S, Flexport, Deliverr, Miami, Flexport's Bellevue , Washington, Bengaluru, India, Flexport's, Asia, U.S . West Coast, Texas, Ohio, Arizona, Thiel's, West Virginia, Seattle, integrations

☆ Ron Baron stands by Tesla, sees the EV maker 4-5 times bigger in 2030
▼ + stars: | 2023-09-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Ron Baron is standing by his bullish thesis on Tesla , seeing the Elon Musk-led electric vehicle maker growing as much as fivefold in the future. The Baron Capital chairman and CEO revealed that his firm has made about 20 times its investment in Tesla since he first bought the stock in 2014. Tesla is the biggest holding in Baron's oldest and biggest fund, Baron Partners Fund (BPTIX), accounting for 46% of the portfolio. "I think Tesla in the next seven years will be about four or five times as big as it is right now in the stock market," Baron said Wednesday on CNBC's " Squawk Box ." Baron Capital managed about $40 billion at the end of 2022.

Persons: Ron Baron, Tesla, Elon, Baron, I've Organizations: Baron Capital, Baron Partners Fund, SpaceX, Bucknell grad, Centers for Disease Control Locations: Tesla, Baron's, Nevada, Australia, Moderna

☆ These 10 China-focused ETFs are up this year — and one is expected to rise by another 40%
▼ + stars: | 2023-09-11 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Chinese stock markets have failed to perform in 2023. All three major indexes have lost money for investors over the past week, month, three months, six months, and year. As a result, shorting the Chinese currency has been one of the most profitable investments this year, according to analysis by CNBC Pro of FactSet's ETF performance data. CNBC Pro screened for global China-focused ETFs that have posted positive returns this year to date. A weighted average analysts' price target for companies in the ETF points toward a further 22.4% upside over the next 12 months, according to FactSet data.

Persons: Thierry Wizman, Goldman Sachs, Brent Organizations: Shenzhen Component, Shanghai, Index, U.S, CNBC Pro, Singapore ., London Stock Exchange, U.S ., Macquarie, People's Bank of, China Energy, New York Stock Exchange, bbl, Goldman, Dragon, China Communication Services Locations: Shenzhen, China, New York, London, Amsterdam, Frankfurt, Singapore, People's Bank of China, Macquarie, Dragon China, U.S

☆ Ford's CEO had a charging 'reality check' on his electric F-150 Lightning road trip
▼ + stars: | 2023-08-14 | by ( Nora Naughton | ) www.businessinsider.com time to read: +2 min

Ford CEO Jim Farley hit the road in an electric F-150 Lightning last week. Access to the Supercharger network in 2024 could ease these challenges. Farley hit the road in an F-150 Lightning last week , traversing Route 66 and the American West to put the electric truck through its paces. At the end of the trip on Sunday, Farley shared his experience with charging the massive electric pickup truck. But the Dearborn, Michigan-based car company is partnering with Tesla to make the Supercharger network available to Ford drivers starting next spring .

Persons: Jim Farley, Farley, Ford EVs, Tesla, Rivian Organizations: Morning, Twitter, Ford, GM Locations: American, Coalinga , California, Dearborn , Michigan

☆ Elon Musk's 'X' sign removed from San Francisco headquarters after complaints from city officials and neighbors over its blinding lights: report
▼ + stars: | 2023-07-31 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Elon Musk's new "X" sign appeared atop its San Francisco headquarters Friday. The large sign Elon Musk had installed atop X's San Francisco headquarters has already been removed after irking neighbors and raising concerns with city officials. It's the latest update in the ongoing saga surrounding X's San Francisco headquarters. Justin Sullivan/Getty ImagesSeparately, city officials also voiced concerns over the new sign and Musk's attempts to remove the original Twitter sign. City officials also stepped in when the new X sign was installed, according to the Associated Press.

Persons: Elon, Musk, Elon Musk, NBC's Scott Budman, Christopher J, Beale, KTVU, Justin Sullivan Organizations: Elon, Twitter, KQED, San Francisco Police Department, Authorities, Associated Press Locations: San Francisco, X's

☆ Dollar on defensive after dovish Powell, debt ceiling setback
▼ + stars: | 2023-05-22 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

TOKYO, May 22 (Reuters) - The dollar nursed losses against the yen and euro on Monday following a surprise breakdown in U.S. debt ceiling negotiations and after Federal Reserve chair Jerome Powell indicated a preference to slow rate hikes. Investors now await a key meeting between U.S. President Joe Biden and House Republican Speaker Kevin McCarthy to discuss the debt ceiling on Monday. The dollar index, which measures the U.S. currency against six major peers, edged 0.04% lower to 103.00, after reaching 103.63 last week for the first time since March 20. European Central Bank president Christine Lagarde said Friday officials need to "buckle up" for "sustainably high interest rates" in order to achieve its inflation target. The Australian dollar ticked up 0.06% to $0.6655, while the New Zealand dollar advanced 0.13% to $0.62835.

Rakuten Kobo Clara 2E The Kobo Clara 2E offers a variety of features that avid readers will love, like a waterproof design and a comfortable power button. At this price point, the Kobo Clara 2E is rivaled only by the 8GB Kindle Paperwhite. Sarah Saril/InsiderThe Kobo Clara 2E makes a great companion for reading in different environments with its adjustable brightness and color temperature. On the plus side, the Kobo Clara 2E boasts great battery life, and it lives up to the manufacturer's promise. Listen to Kobo Audiobooks with a Bluetooth speaker or headphonesListening to audiobooks on the Kobo Clara 2E is as simple as connecting via Bluetooth.

See Insider's picks for the best private student loans >>What is student loan interest? See Insider's picks for the best tax software >>"Student loan interest is tax deductible," says Leslie Tayne, a financial attorney who specializes in student loan debt. Insider's Featured Student Loan Refinance Companies SoFi Student Loan RefinancingSplash Financial Student Loan RefinancingEarnest Student Loan Refinancing Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. APR Variable: 5.09% - 8.99%, Fixed: 4.49% - 8.99% Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 3.99% - 9.24% with AutoPay, Fixed: 4.39% - 9.24% with AutoPay Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Actual rate and available repayment terms will vary based on your income. See Insider's picks for the best student loans without a cosigner >>Will my student loan interest rate change?

Under a Biden administration plan, married couples filing taxes separately could get student-loan payments eliminated altogether. When filing separately, you can use your lower AGI to get lower monthly payments. Married couples could lower their monthly payments even more by filing their taxes separately, Hornsby says. Use this equation to calculate your new monthly student-loan paymentsHere's an equation you can use to estimate your new monthly student-loan payments, factoring in the new proposed IDR regulations. When filing separately, married people are no longer eligible to claim the $2,500 student-loan interest tax deduction.

☆ This small-cap fund has been killing it over the last 10 years. Here's how they do it
▼ + stars: | 2023-01-23 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

That approach aligns with the firm's Private Capital Management Value Fund (VFPIX), which focuses on holding and deeply understanding a handful of small-cap companies. Meanwhile, the broader S & P 500 lost 19.4% in 2022, while the small-cap focused Russell 2000 dropped about 21.6%, according to FactSet. About one-third of the fund's assets today are from the retirement plan assets of Private Capital Management employees. Though fund leadership understands small-caps can trade with more variability, they don't equate that with exposure to more risk. He said there are more companies to choose from, with many stocks' market caps slashed into small-cap territory in 2022's bear market.

☆ Short seller Jim Chanos says this 'crummy' entertainment company is 'excessively overpriced' and could drop 50%
▼ + stars: | 2022-11-03 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Famed short seller Jim Chanos is on to his next stock to bet against: concert ticket platform Live Nation . The founder of Kynikos Associates unveiled his bearish take on Live Nation at Forbes Iconoclast Summit 2022 Thursday. "One company that epitomizes that and still we think trades at nosebleed valuations for what it is, is Live Nation," Chanos said. Shares of Live Nation are already down more than 36% this year, but Chanos believe it has "a lot further to go," saying it could easily drop another 50%. Live Nation didn't immediately respond to CNBC's request for comment.

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). You can minimize the amount of interest you pay by paying down your daily balance on your credit card. Find your average daily balanceYour next step will be to find your average daily balance, which you will eventually apply your daily rate to. Multiply daily rate by your average balanceAt this stage, you can apply your daily rate to your average daily balance by multiplying the two together. How to reduce credit card interestIf you've been making payments on time on a credit card for a few years, you can call your credit card company and ask for a lower rate.

Persons: we're, you've, APRs, it's Organizations: Finance

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