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[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. Profit-taking weighed on shares across the board, with the MSCI All Country stock index (.MIWD00000PUS) down 0.36%. Profit-taking also took hold in Europe, where European stocks (.STOXX) gave up earlier gains to edge down 0.37%. EASING YIELDSGovernment bond yields eased, adding to a sense of relief across markets. In currency markets, the dollar index, which measures the greenback against a basket of six other major currencies , added 0.474%, and remains higher over the month.
Persons: Brendan McDermid, Dow Jones, Jerome Powell, Patrick Harker, Harker, Robert Alster, Zhang Zihua, Koh Gui Qing, Tom Wilson, Julie Zhu, Kirsten Donovan, Matthew Lewis Organizations: New York Stock Exchange, REUTERS, Nasdaq, Investors, Federal, Federal Reserve Bank of Philadelphia, CNBC, Profit, Asset Management, Nvidia, Beijing Yunyi Asset Management, Brent, . West Texas, Hong, Thomson Locations: New York City, U.S, United States, Jackson Hole , Wyoming, Europe, Turkish, Asia, Pacific, Japan, China, Beijing, New York, London, Hong Kong
[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 23, 2023. U.S. stocks ended sharply higher on Wednesday and shares of Nvidia jumped nearly 10% in trading after the bell, hitting an all-time high. EASING YIELDSGovernment bond yields eased, adding to a sense of relief across markets. Euro zone yields hit multi-week lows with Germany's 10-year yield 1.5 bps lower at 2.50%, having touched a 2-week low of 2.448%. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) closed 1.5% higher, also lifted by Nvidia's bullish outlook.
Persons: Chipmakers, Jerome Powell, Robert Alster, Zhang Zihua, Tom Wilson, Julie Zhu, Toby Chopra, Kirsten Donovan Organizations: REUTERS, Staff, Federal, Asset Management, Nvidia, Beijing Yunyi Asset Management, Thomson Locations: Frankfurt, Germany, Jackson Hole , Wyoming, U.S, Turkish, United States, Asia, Pacific, Japan, China, Beijing, London, Hong Kong
A man with American Electric Power (AEP) repairs an electricity cable during a heatwave in Eagle Pass, Texas, U.S. July 28, 2023. Power grids carry reserves to ensure the system remains reliable in case a large power plant or transmission line fails unexpectedly. ERCOT forecast demand would reach 85,296 megawatts (MW) on Thursday, just shy of its 85,435 MW record set Aug. 10. MISO projected it would have 125,907 MW of supplies available with 120,656 MW from internal resources and 5,251 MW of imports. That would not be enough to meet the grid's forecast peak of 127,692 MW, which would top the system's all-time high of 127,100 MW in July 2011.
Persons: Adrees Latif, ERCOT, MISO, Brandon Morris, Morris, Scott DiSavino, Nick Zieminski Organizations: American Electric Power, REUTERS, Reliability, of Texas, Thomson Locations: Pass , Texas, U.S, Texas, Central, Houston, Dallas, Minnesota, Louisiana
David Paul Morris | Bloomberg | Getty ImagesThis 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. A year ago, Nvidia CEO Jensen Huang promised investors the company is "navigating our supply chain transitions in a challenging macro environment and we will get through this." Hum goes on to suggest it's possible that, three months later, Nvidia reports revenue of $18 billion to $19 billion. That's almost $3 billion more than the $16 billion Nvidia said it expects.
Persons: Jensen Huang, David Paul Morris, bluster, Dan Ives, Robert Hum, Chaim Siegel, Elazar, , Kif Leswing Organizations: Nvidia, Bloomberg, Getty, CNBC, Wedbush Securities, Elazar Advisors Locations: Las Vegas
A man with American Electric Power (AEP) repairs an electricity cable during a heatwave in Eagle Pass, Texas, U.S. July 28, 2023. REUTERS/Adrees Latif/File Photo Acquire Licensing RightsAug 24 (Reuters) - Two U.S. electric grids issued alerts warning of the potential for power shortages on Thursday due to a brutal heat wave blanketing Texas and U.S. Central states. ERCOT faces "a high potential to enter emergency operations this evening" due to low wind generation and high power demand, the grid operator said. AccuWeather forecast temperatures in Houston, the biggest city in Texas, would reach 107 degrees Fahrenheit (41.7 degrees Celsius) on Thursday. MISO projected power use would reach 127,195 MW on Thursday, topping the system's all-time high of 127,100 MW in July 2011.
Persons: Adrees Latif, ERCOT, MISO, Brandon Morris, Morris, Scott DiSavino, Brijesh Patel, Nick Zieminski, Jonathan Oatis, David Gregorio Our Organizations: American Electric Power, REUTERS, Reliability, of Texas, Thomson Locations: Pass , Texas, U.S, Texas, Central, Houston, Dallas, Minnesota, Louisiana
Nvidia's earnings Wednesday will be a big test for AI bulls
  + stars: | 2023-08-23 | by ( Kif Leswing | ) www.cnbc.com   time to read: +3 min
Revenue: $11.22 billion, according to Refinitiv. A closer look at estimates shows just how reliant Nvidia has become on AI chips. By contrast, Nvidia's Datacenter group, which houses AI chips, is looking at a 111% increase in revenue to $8.03 billion, according to estimates. Nvidia's AI chips, including the A100 and H100, have been difficult to purchase in recent months as startups, big companies, governments and cloud providers all have placed orders. Last year, the U.S. placed export restrictions on Nvidia, which forced the company to make specialized, slower versions of its AI chips for the Chinese market.
Persons: Jensen Huang, StreetAccount, chatbot, Nvidia's, Huang, TSMC, Morris Chang, Biden Organizations: Nvidia, Facebook, Meta, Taiwan Semiconductor Manufacturing Locations: Taipei, Refinitiv, China, U.S
“And since the masks that are most effective are N95 that are now readily available, that’s the kind of mask you should wear,” he added. But the agency doesn’t make a broad recommendation for everyone to adopt masks. Morris Brown College in Atlanta announced a return to mandated physical distancing and masks just one week after classes started in August. And pediatricians are poised for the typical return-to-school surge in all kinds of respiratory illness, whether colds, flu or Covid. “The virus is always lurking, waiting for openings, so I think Covid is just going to be a bit of a roller coaster, probably forever,” Wachter said.
Persons: Joe Biden, Jonathan Reiner, , ” Reiner, Biden, , Reiner, Eric Topol, ” Topol, ” What’s, Robert Wachter, ” Wachter, haven’t, Peter Chin, Topol, Dr, Sara Bode, Bode, It’s, , ” Chin, Hong, You’ve, you’ve, Amanda Musa, Brenda Goodman, Deidre McPhillips, Meg Tirrell Organizations: CNN, George Washington University School of Medicine & Health Sciences, US Centers for Disease Control, CDC, Scripps, Research, Covid, Department of Medicine, University of California San, University of California, Morris Brown College, Nationwide Children’s Hospital, American Academy of Pediatrics ’, School Health, Internal Locations: Covid, Florida, University of California San Francisco, San Francisco, Atlanta, Columbus , Ohio, Washington
Altria seeks US import ban on Juul e-vapor products
  + stars: | 2023-08-22 | by ( ) www.reuters.com   time to read: +2 min
The move escalates a dispute between the two e-cigarette makers after Juul filed a similar patent infringement case against NJOY at the ITC in June. NJOY said in its filings that Juul products infringe two of its patents, and that it intends to obtain a ban on products including its currently marketed Juul device and Juul pods. NJOY also sued Juul in Delaware on Tuesday for infringing the same patents, seeking an unspecified amount of damages. Juul filed its own patent lawsuits against NJOY and Altria at the ITC and in Arizona federal court in June, seeking money damages and a ban on imports of NJOY's Ace vapor device. Altria won more than $95 million from cigarette rival R.J. Reynolds in North Carolina federal court last year after a jury found RJR infringed other Altria e-cigarette patents.
Persons: Elijah Nouvelage, NJOY, Juul, Altria, Reynolds, RJR, Philip Morris International's, Granth, Chris Kirkham, Blake Brittain, Krishna Chandra Eluri, Marguerita Choy Organizations: REUTERS, Altria, Juul Labs, U.S . International Trade Commission, ITC, NJOY Holdings, NJOY, RJR, Thomson Locations: Atlanta , Georgia, U.S, Marlboro, Juul, Delaware, Arizona, North Carolina, Bengaluru, Los Angeles, Washington
We are buying 100 shares of Stanley Black & Decker (SWK), at roughly $88.90 apiece. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 500 shares of SWK, increasing its weighting to 1.58% from 1.27%. With the market falling Tuesday afternoon — the S & P 500 was down around 0.27% — we are dipping into our large cash position and putting more money to work by buying up shares of Stanley Black & Decker . The purchase comes just a day after adding to our position in this industrial-tools-and-household-hardware manufacturer at a similar price. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Stanley Black, Decker, Jim Cramer's, Lowe, Lowe's, Stanley –, Stanley, Jim Cramer, Jim, David Paul Morris Organizations: Stanley, SWK, CNBC, Bloomberg, Getty Locations: U.S, Pleasanton , California
Palo Alto Networks (PANW) shares jumped more than 15% on Monday, clawing back in one session most of the damage they incurred since the beginning of August. PANW YTD mountain Palo Alto Networks YTD performance Bottom line The concern over whether a summer Friday evening earnings release might mean bad news proved unwarranted. Palo Alto Networks delivered largely better-than-expected quarterly numbers, with even better guidance for the current quarter (fiscal 2024 first quarter), full-year fiscal 2024, and beyond. Roadmap for AI Palo Alto management also talked about how artificial intelligence will revolutionize their ability to safeguard computer networks and catch hackers in the act of a breach. Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.
Persons: clawing, That's, Nikesh Aurora, Fortinet, billings, we're, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Palo Alto Networks, Revenue, Refinitiv, billings, Alto Networks, Management, Alto, Palo, Billings, TAM, CNBC, Bloomberg, Getty Locations: Palo, billings, Palo Alto, Santa Clara , California, U.S
CNN —Former President Donald Trump has agreed to a $200,000 bond and other release conditions after his lawyers met with the Fulton County District Attorney’s office on Monday, according to court documents reviewed by CNN. According to a new court filing on Monday, Fulton County District Attorney Fani Willis has reached a bond agreement with one of Trump’s co-defendants: conservative attorney John Eastman. Eastman’s $100,000 bond order is the first to appear on the Fulton County court website. Law enforcement presence remains at an elevated level at the Fulton County court complex. According to a news release from the sheriff’s office on Monday, the barricades around the Fulton County courthouse will remain in place until Saturday.
Persons: Donald Trump, Todd Blanche, Jennifer Little, Drew Findling, Blanche, Fani Willis, Trump’s, John Eastman, Scott Hall, Willis, Willis ’, Atlanta police – Organizations: CNN, Trump, Fulton, US Marshals Service, Atlanta police Locations: Fulton County, Georgia, Atlanta, Fulton
But I don't think they are as related as most would have you believe. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: nothing's, Jerome Powell, we're, it's, Powell, Jackson, Donald Trump, Trump, Joe Biden, Walter Reuther playbook, Ronald Reagan, Xi Jinping, Herbert Hoover, , – Trump, let's, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Apple, Nvidia, Home Depot, Walmart, Trump, Republican, United Automobile Workers, UAW, Trust Corporation, Jim Cramer's Charitable, CNBC, U.S . Federal Reserve, Federal Reserve Bank of Kansas, Bloomberg, Getty Locations: Jackson, Georgia, China, Federal Reserve Bank of Kansas City, Moran , Wyoming
ChatGPT has drawn users at a feverish pace and spurred Big Tech to release other AI chatbots. But ChatGPT, the latest in technology known as "large language model tools," doesn't speak with sentience and doesn't "think" the way people do. Other tech companies like Google and Meta have developed their own large language model tools, which use programs that take in human prompts and devise sophisticated responses. Other researchers seem to be taking more measured approaches with generative AI tools. He told Insider he's helping to experiment with a chat bot called "Rentervention," which is meant to support tenants.
Persons: ChatGPT, Here's, what's, OpenAI, Matthew Sag, Koko, Rob Morris, Daniel Linna Jr, he's, Linna Organizations: Big Tech, Microsoft, Emory University, Google, Northwestern University, Committee, Better, Princeton
The major U.S. averages have been in negative territory this month , and valuations are coming down from their lofty heights. The S & P 500 has declined 4% this month, and the Nasdaq Composite about 6%. Still, there are some who are optimistic on the S & P 500, which is at around 4,404 as of Wednesday's close. George Ball, chairman of investment firm Sanders Morris Harris, predicts that S & P 500 will land at 5,000. ZoomInfo's losses were among the biggest, tumbling nearly 30%, with average price target upside of 49%.
Persons: Sameer Samana, George Ball, Sanders Morris Harris, Stocks, Baidu, SolarEdge Organizations: Nasdaq, U.S . Federal, Vanguard FTSE, Wells, Wells Fargo Investment Institute, CNBC Pro, PayPal, ON Semiconductor, Infineon Locations: U.S, Wells Fargo, Samana, Snowflake
Palo Alto Networks is set to release earnings for its fiscal fourth quarter on Friday after the closing bell. The firm predicted Palo Alto could reach a valuation of $100 billion over the next few years, a sizeable upside from its current $65 billion market capitalization. Palo Alto's edge Palo Alto has a track record of overcoming market headwinds in the long term. In a saturated cybersecurity market, Palo Alto is the "only real soup-to-nuts cyber play ," Jim said recently, allowing it to dominate the field. Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.
Persons: Palo, Jim Cramer, Wolfe, Nikesh Arora's, That's, Tenable, Jim, Jim Cramer's, David Paul Morris Organizations: Palo Alto Networks, Alto Networks, Palo Alto, Barclays, RBC Capital Markets, Nike Inc, Wolfe Research, Palo, CNBC, Bloomberg, Getty Locations: Palo Alto, Palo, PANW, Santa Clara , California, U.S
"It seemed like a cool, innovative new company," Lam said. Starting in early 2022, the company poured millions of dollars into an experimental sales boot camp called Otter University. She joined the company in 2020 as Otter's head of sales enablement and helped dream up the idea of a sales boot camp a year later. Two former OtterU employees said that Law and another Otter executive urged managers to join their teams for late-night drinks following team dinners. But the late nights and free-flowing alcohol struck some OtterU employees as inappropriate for the workplace, especially when managers had to deal with hungover teams the next day.
Persons: Brian Lam, messaged, Travis, Lam, Uber, It's, Kalanick, voraciously, they're, Otter, wasn't, salespeople, Cory Epstein, Phoebe Law, Law, people's, , Kalanick's Uber, Otter's, Kate, Samul Beal, I'd, Beal, didn't, terminations, he'd, OtterU, I'm, grads, Salespeople, Guido Gabrielli, Keith Dunphy, Dunphy, Bram van Staalduinen, Phoebe Law's, Debra Glaser, Jen Zablotny, there's, Ordermark, Burger, Meghan, Darius Organizations: Texas, Otter, Storage Systems, Microsoft, Otter University, Law, Adobe, SAP, Houston, OtterU, hungover, NCR, Google, Brands, Houston Rockets Locations: Korean, Houston, Toronto, LA, Las Vegas, Miami, Seoul, South Korea, Houston ., OtterU, Otter, Canada
The new york times magazineHow Hip-Hop Conquered the WorldTrace the art form from its South Bronx origins to its all-encompassing triumph. By Wesley MorrisListen to the story. If you haven’t already, download the New York Times Audio app to hear these stories. The app features exclusive shows, narrated articles and much more, and is available for news subscribers on iOS.
Persons: Wesley Morris Organizations: New York Times
Differences in US and Taiwanese work culture could pose another challenge. Some TSMC workers are doubtful that Americans can adjust to the challenging work environment. It's not just a disagreement over expertise that poses risks to TSMC's Arizona chip plant. This is the work culture." It added: "We have not replaced any of our local workers with foreign workers and continue to prioritize the hiring of local workers in Arizona."
Persons: TSMC, chipmaker, It's, Morris Chang, Wayne Chiu, Fortune, they're, Mark Liu, TSMC's, Liu, chipmaker Chang, Adam Ozimek Organizations: Service, Taiwan Semiconductor Manufacturing Co, New York Times, Times, YouTube, Taiwan, Taiwan —, Brookings Institute, Arizona Pipe, Economic Innovation Group Locations: Arizona, Wall, Silicon, Taiwan, Taipei, Taiwanese, Asia, Oregon, America, Phoenix
At 89, Still Making Art (and Bread) With a Message
  + stars: | 2023-08-15 | by ( Bob Morris | ) www.nytimes.com   time to read: +1 min
“To live in a war and be a refugee is a lifelong education,” Schumann said of a childhood in which he experienced bombings in Germany’s Silesia region, which is now part of Poland. “There’s no equivalent to it in the U.S.”The printing press posters, chapbooks and calendars he designs drive his messages home and come from an uncompromising faith in “Cheap Art.” His manifesto about it states the importance of its unimportance — cheap, lightweight, undermining the sanctity of affluence and in opposition to the money-hungry “business of art.” For decades, his wife, Elka Schumann, who died in 2021, on a Sunday in August, oversaw the printing press that turns out countless pieces, all drawn with his bold and expressionistic hand and celebrating life while questioning abuses of power. (One poster of an iris reads “Resistance to the Empire”; a chapbook on courage urges “Dig through the dirt.”)But for all the questions firing like flares at society, with Schumann’s humor and pathos, there is one — far more insular in focus — on the minds of those around him: What will happen to his company when he is gone? “It’s been an ongoing conversation for 15 years, and we’re still figuring it out,” said his son Max Schumann, 59, an artist and the departing executive director of Printed Matter, a nonprofit based in New York City that sells artists’ books.
Persons: ” Schumann, , , Elka Schumann, It’s, we’re, Max Schumann Locations: Germany’s Silesia, Poland, U.S, New York City
At the other end of the Morris dancing spectrum are those interested not in genre-bending but in fidelity to form, like Alun Pinder, a 28-year-old data analyst. (There are approximately 800 active national Morris teams.) By his own estimation, his team, Fool’s Gambit, a roving collective that performs most weekends across the country, belongs in that top three. The Westminster dancers are proud of their command over one of the more distinctive elements of Morris: the flicking and waving of handkerchiefs. “We have trained ourselves to lower our hankies at a certain velocity so that they are almost in tandem and vertical,” Bentham said.
Persons: Morris, Alun Pinder, , Morris snob, , ” Pinder, Fool’s, Charlotte Dover, Westminster Morris, Elizabeth II’s, “ Morris, James Jack Bentham, ” Bentham Organizations: Morris teams Locations: Westminster
Ole Andreas Halvorsen's Viking Global hedge fund slashed its holding in Amazon in the second quarter and stepped up bets in biotech, according to the latest 13F filing with the U.S. Securities and Exchange Commission . The so-called Tiger Cub's entirely new positions included a $78 million stake in Alibaba , $6.5 million in C3.ai and $132 million worth of chipmaker Nvidia . Viking Global also cut investments in the CSX railroad nearly 42%. Elsewhere, Viking Global purchased $278 million worth of Netflix stock in the second quarter and opened a $159 million position in shipping giant UPS . Viking Global managed about $24 billion in 13F securities at the end of the second quarter, according to WhaleWisdom.com .
Persons: Ole Andreas Halvorsen's, Halvorsen, Julian Robertson, Jack Dorsey's Block, Phillip Morris, Philip Morris Organizations: Ole Andreas Halvorsen's Viking Global, U.S . Securities, Exchange Commission, Viking Global, Tiger Management, Nvidia, Viking, CSX, TJX, Meta, Netflix, UPS, Chubb Limited, Tenet Healthcare, General Electric, UnitedHealth Group, Constellation Energy, GE Locations: Ole Andreas Halvorsen's Viking, Alibaba, Viking, Progressive
The company says it needs to bring Taiwanese workers to Arizona to get construction back on track. But construction of TSMC's first Arizona factory, which began in the Phoenix area in 2021, has run into some hiccups. "Replacing Arizona's construction workers with foreign construction workers directly contradicts the very purpose for which the CHIPS Act was enacted – to create jobs for American workers," the petition says. The degree to which American workers can get the job done without additional assistance is up for debate. "It's easily the most unsafe site I've ever walked on," said Luke Kasper, a representative of the sheet metal workers union.
Persons: TSMC, that's, Biden, Mark Liu, Liu, It's, Luke Kasper, TMSC, Morris Chang, Chang, Kevin Xu Organizations: Service, Taiwan Semiconductor Manufacturing Company, Arizona Pipe, Google, Facebook, YouTube Locations: Arizona, An Arizona, Wall, Silicon, China, TSMC's, Phoenix, Taiwan, TSMC, Asia
But Forest grabbed a goal back in the 83rd minute through Taiwo Awoniyi and pressed for an unlikely point. ANXIOUS FINISH"Welcome to the Premier League!" Arsenal manager Mikel Arteta said of the anxious finish. "Running the clock down, in this league, that's a very dangerous thing to do but overall I'm very happy." Sheffield United's defeat by Palace completed a poor opening weekend for the promoted clubs after Burnley's loss on Friday.
Persons: Eddie Nketiah, Martin Odegaard, William Saliba, Gabriel Martinelli, David Klein, James ', Eddie Howe's, Sandro Tonali, Moussa Diaby, Alexander Isak, Callum Wilson, Harvey Barnes, Declan Rice, Kai Havertz, Saka, Mikel Arteta, Solly, Joao Pedro, Carlton Morris, Simon Adingra, Evan Ferguson, Bobby De Cordova, Reid, Andreas Pereira, Michael Keane, Stuart Attwell, James Tarkowski, Bernd Leno, Sean Dyche, West Ham, Dominic Solanke, Jarrod Bowen, Andoni Iraola, Odsonne Edouard, Martyn Herman, Pritha Sarkar Organizations: Soccer Football, Premier League, Arsenal, Nottingham Forest, Emirates, REUTERS, Newcastle, Villa, Forest Everton, Fulham, Luton Town's, Hove Albion, Champions Manchester City, Burnley, St, Newcastle United, Aston Villa, Everton, Crystal, Sheffield United . West Ham United, Bournemouth, Gunners, Timber, Football League, Brighton, Luton, Goodison, BBC, Sheffield, Thomson Locations: London, Britain, Brighton, West
Most of the Chinese ships involved are marked “China Coast Guard,” but among the flotilla are also at least two blue-hulled vessels that resemble fishing boats. After the confrontation last weekend, China claimed the Philippines had violated its sovereignty by grounding the ship on the shoal. That symbiotic relationship became even clearer in 2021 when the China Coast Guard came under the jurisdiction of the Chinese Central Military Commission effectively making it part of Beijing’s military. The Chinese vessels “physically blockaded the supply ship. Ted Aljibe/AFP/Getty ImagesChina’s waiting gameAnalysts say they don’t see any appetite in Beijing for actual combat over Second Thomas Shoal, but they also say China can afford to play a waiting game.
Persons: Thomas Shoal, Jay Tarriela, Thomas, , , China’s, People’s Liberation Army –, Lyle Morris, CNN ‘, doesn’t, Ray Powell, SeaLight, Powell, Morris, ” Powell, Shoal, Ted Aljibe, Lionel Fatton, ” Washington Organizations: CNN, China Coast Guard, United, , Philippine Coast Guard, Hague, People’s Liberation Army, PLA Navy, Chinese Central Military Commission, Asia Society, Center for China, National Security, Stanford University, Central Military Commission, US Navy, US Coast Guard, Getty, Webster University Locations: Philippine, South, Philippines, Spratly, United States, Beijing, China, Palawan, Sierra Madre, , South China, Malaysia, Vietnam, Brunei, Taiwan, Washington, Manila, Sierra, AFP, Switzerland
Stanford and Google researchers created a virtual village where 25 AI bots live and form relationships. Memory and reflection enable these bots to believably plan parties, discuss elections, and select birthday gifts, per the researchers. A group of Stanford and Google researchers has created a virtual village where 25 AI agents lead lives that are eerily reminiscent of our own. These bots "wake up," chat about the latest town gossip, and even plan events like Valentine's Day parties. These tools help AI bots to produce conversations that mirror human interactions.
Persons: , Sam, John Lin, John, Mei, Eddy, Joseph C, O'Brien, Carrie J, Cai, Meredith Ringel Morris, Percy Liang, Michael S, Bernstein, Isabella, Maria, Klaus, Isabella Rodriguez's Valentine's, McDonald's Organizations: Stanford, Google, Morning, Hobbs Locations: Geneva
Total: 25