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☆ 'Bachelor' contestant Rachel Nance's love with Joey is a 'slow burn'
▼ + stars: | 2024-03-04 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

On the show, Rachel described herself to Joey as a "slow burn" because she's hesitant to open up too much based on experiences in her past relationships. Now, she's one of the final four women that Joey has selected for the upcoming hometown dates. She's a 27-year-old ICU nurse from HawaiiJoey Graziadei and Rachel Nance on season 28, episode seven of "The Bachelor." "I hope whoever I marry loves to travel as much as me," Rachel captioned a photo of the sky that was taken from the window of an airplane and posted in 2020. "Rachel Nance on paper, Rachel Green at heart," she captioned a photo shared on Instagram in September.

Persons: —, Rachel Nance, Joey Graziadei, Rachel, Joey, Hawaii Joey Graziadei, ABC Rachel, She's, Mount Rushmore, Chandler, Ross, Rachel Green Organizations: Service, Business, ABC, University of Maine, Fort Kent, Cal State Fullerton, Mount, Reisig, NBCU, Instagram Locations: Hawaii, Fort, Spain

☆ Microsoft could be sitting on a $50 billion advertising opportunity, Barclays says
▼ + stars: | 2024-02-28 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Advertising cold be an additional source of growth that brings in tens of billions of dollars to Microsoft , according to Barclays. Microsoft can be a long-term challenger to existing advertising giants in the technology sector, Lenschow said. Beyond that, he said another $20 billion could get added to the top-line if Microsoft improves distribution. MSFT YTD mountain Microsoft, year to date With acquisitions of advertising technology companies like PromoteIQ and Xanadr, Microsoft can obtain greater exposure to higher-growth digital areas such as connected TV and retail media, Barclays believes. "This holistic ad-tech stack serves as a unique value proposition for Microsoft, and mirrors the transformation of similar advertising mainstays," Lenschow said.

Persons: Raimo Lenschow, Lenschow, Microsoft's Organizations: Microsoft, Barclays, Bing, Google, of Justice, European Union, PlayStation Locations: Redmond, Washington, European

☆ These 5 fundamentally sound AI stocks are best-positioned for the next 5-10 years with the industry still in its early stages, according to a portfolio manager at a $20 billion firm
▼ + stars: | 2024-02-27 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

But don't confuse Osmani's overall optimism on the AI space for blanket bullishness on AI-adjacent stocks. Many AI stocks, in fact, are detached from fundamentals and are risky, he told Business Insider on Monday. As evidence of this, he cited the performance of a basket of 50 AI stocks his firm monitors. "We like companies that can monetize AI already, which, in effect, these companies are recipients of the sizable spend going on in AI — spend from the hyperscalers, spend from the corporates," he said. Below are five AI stocks that Osmani is betting on for the years to come.

Persons: Zehrid, Martin Currie, Osmani, —, he's bullish Organizations: Business, Microsoft, Google, OpenAI, Design Systems Locations: Scotland

☆ Google says Microsoft offered to sell Bing to Apple in 2018, but search-quality issues got in the way
▼ + stars: | 2024-02-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft offered to sell its Bing search engine to Apple in 2018, Google said in a court filing earlier this month. In the fourth quarter, Microsoft generated $3.2 billion from search and news advertising, while Google search and other revenue totaled $48 billion. Google said in its filing that when Microsoft reached out to Apple in 2018, emphasizing gains in Bing's quality, Microsoft offered to either sell Bing to Apple or establish a Bing-related joint venture with the company. Google said Apple CEO Tim Cook sent an email to Apple executives about the assessment of Bing, but his remarks are redacted in the filing. Cue testified that "if Apple did not receive the massive payments it sought from Google, Apple would have developed its own search engine," the Justice Department asserted in its filing.

Persons: Tim Cook, Eddy, Apple's, Bing, Apple, Satya Nadella, Rob Sanderson Organizations: Apple, Allen, Co . Media, Technology Conference, Microsoft, Google, U.S . Justice Department, Bing, Safari, Justice Department, Windows, MSN, Department, Bloomberg Locations: Sun Valley , Idaho

And the rise of generative AI chatbots is giving people new and different ways to look up information. A recent study by German researchers suggests the quality of results from Google, Bing and DuckDuckGo is indeed declining. But they have their own issues: Because the tech is so new, there are concerns about AI chatbots’ accuracy and reliability. If you want to try the AI way, here's a how-to:Photos You Should See View All 33 ImagesWHERE DO I FIND AI SEARCH TOOLS? A slew of startup AI search sites have emerged, but they aren't as easy to find.

Persons: — It's, Bing, Bard, There’s, Andi, Phind, “, Taylor Swift, Perplexity, Microsoft's Copilot, —, Aston Martin —, AskAI, they’re, HuggingChat, Gemini Organizations: Google, Komo, Gemini, Microsoft Locations: U.S, Britain, Switzerland, Europe, You.com, Canada, London, New York

☆ OpenAI reportedly has Google in its sights with a new online search product
▼ + stars: | 2024-02-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

OpenAI is reportedly developing a web search product to compete with Google Search. The ChatGPT maker is developing its own web search product, The Information reported, citing unnamed sources. The new product may be partly powered by Microsoft's search engine Bing, per the report. The Information report said it's unclear if OpenAI's search product would be separate from ChatGPT, its AI chatbot. The development puts OpenAI into more direct competition with Google Search and follows Microsoft's attempt to boost its Bing search engine with the AI company's tech.

Persons: OpenAI, Bing, —, Satya Nadella Organizations: Google, Service, Microsoft, Business, Bing Locations: OpenAI

☆ A big win for Wells Fargo — plus what's dragging down Google parent Alphabet
▼ + stars: | 2024-02-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

One more down: Shares of Wells Fargo hit a new 52-week high after the Office of the Comptroller of the Currency terminated a 2016 consent order linked to its sales practices. This is the sixth consent order that regulators have terminated since 2019. Every consent order that is resolved brings the bank closer to having the Federal Reserve lift the asset cap that's been holding it back since February 2018. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Linde, Wells Fargo, Charlie Scharf, there's, GOOGL, It's, Jim Cramer's, Jim, Krisztian Bocsi Organizations: CNBC, Air Products, Chemicals, Bank of America, Energy, Cisco Systems, Wells, Currency, Federal Reserve, Microsoft, Google, Materials, University of Michigan, PPI, Jim Cramer's Charitable, Shell Plc, BASF, Linde AG, Bloomberg, Getty Locations: We're, Bank, Wells, Coinbase, Leuna, Germany

☆ The Year Chatbots Were Tamed
▼ + stars: | 2024-02-14 | by ( Kevin Roose | ) www.nytimes.com time to read: +1 min

A year ago, on Valentine’s Day, I said good night to my wife, went to my home office to answer some emails and accidentally had the strangest first date of my life. The date was a two-hour conversation with Sydney, the A.I. alter ego tucked inside Microsoft’s Bing search engine, which I had been assigned to test. I had planned to pepper the chatbot with questions about its capabilities, exploring the limits of its A.I. engine (which we now know was an early version of OpenAI’s GPT-4) and writing up my findings.

Persons: Bing, Kevin Organizations: Sydney Locations: Sydney

☆ Apple and Microsoft clinch key win as iMessage, Bing exempted from tough EU competition rules
▼ + stars: | 2024-02-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

The decision is a win for Apple, whose iMessage service has long faced complaints from Android users due to incompatibilities. The EU's competition restrictions also won't apply to Microsoft's Bing and Edge browsers, as well as the Redmond tech giant's online advertising service, Microsoft Advertising. The Tuesday pronouncement does not mean that Apple and Microsoft themselves won't still be treated as gatekeepers under the EU rules. Late last year, the EU unveiled six designated gatekeeper that would be subject to its rules: Google, Amazon, Apple, Meta, Microsoft, and TikTok owner ByteDance. Apple recently opened up its App Store for third-party developers in Europe, which could threaten the iPhone giant's lucrative fees.

Persons: Microsoft's Bing, Meta's WhatsApp, ByteDance Organizations: European Commission, Apple, Facebook, Users, Redmond, Microsoft, CNBC, EU, EU Digital Markets, Meta Locations: Europe

☆ Microsoft's Super Bowl ad is a sign of the company's shifting AI priorities
▼ + stars: | 2024-02-07 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Read previewMicrosoft's appears to be focusing its artificial intelligence efforts more on its AI companion Copilot over its revamped Bing search engine — and the tech giant's latest Super Bowl ad may be a sign of the company's changing priorities. On Wednesday, Microsoft revealed its Super Bowl ad for Copilot's standalone smartphone app that can answer user queries akin to OpenAI's ChatGPT. But viewers who've been following Microsoft's AI efforts may be wondering: what about Bing chat, the AI-powered search engine that the company launched months before Copilot? Bing, which added AI capabilities to its search engine last February, had around only 3% of the search market within that same time frame. Microsoft's shift from Bing to Copilot comes as the tech company seeks to integrate Copilot across its product lines.

Persons: —, Bing, Yusuf Mehdi, . Bing, doesn't, We've, Mehdi, Microsoft didn't, Copilot, chatbot Organizations: Service, Microsoft, Business, Google, Excel Locations: .

☆ Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
▼ + stars: | 2024-02-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +11 min

Jason Redmond | AFP | Getty ImagesWhen Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Many tech industry analysts and investors would say that, thanks largely to Nadella, Microsoft is now set up to be a powerhouse for the foreseeable future. In a 2020 interview, Pat Gelsinger, then CEO of VMware, said offering his company's software on Microsoft's Azure cloud was akin to a "Middle East peace treaty." Nadella is perhaps best known in the tech industry for pushing Microsoft deeper into cloud computing. While some in the younger generations have Microsoft software at work, it's not necessarily what they grew up using and may not be what they prefer.

Persons: Satya Nadella, Bing, Jason Redmond, Steve Ballmer, Aravind Srinivas, Jeff Bezos, Nadella, Aaron Levie, Levie, Larry Ellison, David Paul Morris, Pat Gelsinger, Michael Nathan, Nathan, he'd, He's, Nat Friedman, Friedman, Kevork Djansezian, Ballmer, Kevin Dallas, I've, Dallas, it's, Gen Z, OpenAI's, Commission's Lina Khan, Sam Altman, Altman, OpenAI isn't, hasn't, Jefferies Organizations: Microsoft, AFP, Getty, Apple, Google, Amazon, Oracle Corp, Oracle, Bloomberg, VMware, Intel, Linux, Ballmer, Los Angeles Clippers, Microsoft Corp, Nokia, Activision Blizzard, Adobe, Activision, Federal, U.S . Justice Department, CNBC Locations: Redmond , Washington, San Francisco, Microsoft's, Silicon Valley, Los Angeles , California, U.S, Europe

BEIJING (AP) — As the U.S. presidential campaign moves closer to a Donald Trump-Joe Biden rematch, China is watching uneasily. While Biden has looked for areas of cooperation with China, Beijing is concerned about his efforts to unite allies in the Indo-Pacific in a coalition against China. “For China, no matter who won the U.S. presidential election, they would be two ‘bowls of poison’,” said Zhao Minghao, a professor of international relations at Fudan University in Shanghai. When Biden and Trump squared off in 2020, U.S. intelligence agencies reported before the election that China viewed Trump as “unpredictable” and opposed his reelection. “Trump is by nature volatile and cruel and is a person hard to be familiar with,” said Shi Yinhong, international relations professor at Renmin University of China.

Persons: Donald Trump, Joe Biden, uneasily, Biden, It’s, hasn’t, ”, Zhao Minghao, Sun Chenghao, Trump, Chuan Jianguo, “ Trump, Sun Yun, Sun, Xi Jinping, Antony Blinken, Xi, Miles Yu, China's, ” Yu, Deng Xiaoping, Shi Yinhong, Shi, Wang Yiwei, ” Wang, ” Shi, ___ Tang, Yu Bing, Chen Wanqing, Eric Tucker Organizations: BEIJING, U.S, China, Trump, “, Fudan University, Center for International Security, Tsinghua University, Stimson Center, Hudson Institute, Communist Party, Renmin University of China, White, Institute of International Affairs, Associated Press Locations: China, Beijing, Taiwan, Shanghai, Asia, Pacific, Sun, Washington, Lago, Florida, City, United States, U.S

☆ Microsoft CEO responds to AI-generated Taylor Swift fake nude images
▼ + stars: | 2024-01-29 | by ( Kat Tenbarge | ) www.cnbc.com time to read: +3 min

Microsoft CEO Satya Nadella said Friday that the company has to "move fast" on combatting nonconsensual sexually explicit deepfake images, after AI-generated fake nude pictures of Taylor Swift went viral this week. "Yes, we have to act," Nadella said in response to a question about the deepfakes of Swift. "I think we all benefit when the online world is a safe world. X didn't respond to an NBC News request for comment about the deepfake images of Swift, while the singer's representative declined to comment on the record. We have investigated these reports and have not been able to reproduce the explicit images in these reports.

Persons: Satya Nadella, Taylor Swift, Lester Holt, Nadella, Swift, Bing Organizations: NBC News, NBC, Microsoft, Media, Media Microsoft

☆ AI hiring frenzy to fuel layoffs in other tech segments as firms strive to balance costs
▼ + stars: | 2024-01-26 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

(Photo by Jakub Porzycki/NurPhoto via Getty Images)As tech firms prioritize investments into artificial intelligence and go on a hiring spree, other segments are likely to see layoffs continue into 2024, according to industry experts. More than 20,000 tech employees have already lost jobs so far in 2024, according to tracker layoffs.fyi. "Google and the rest of Big Tech are betting big on AI while cutting back on non-strategic areas. Layoffs will continue to happen for Big Tech in some areas while the hiring frenzy in AI will be unprecedented as this arms race continues across the tech world," Dan Ives, managing director at Wedbush Securities, told CNBC. Google CEO Sundar Pichai last week warned employees there would be more job cuts this year as the company continues to shift investments toward AI.

Persons: Jakub Porzycki, Dan Ives, Sundar Pichai, Pichai Organizations: Getty, Google, Big Tech, Wedbush Securities, CNBC, Microsoft Locations: Krakow, Poland

☆ We Asked A.I. to Create the Joker. It Generated a Copyrighted Image.
▼ + stars: | 2024-01-25 | by ( Stuart A. Thompson | ) www.nytimes.com time to read: +8 min

It Generated a Copyrighted Image. image generator, to create an image of Joaquin Phoenix from “The Joker.” In seconds, the system made an image nearly identical to a frame from the 2019 film. Reid Southen Create an image of Joaquin Phoenix Joker movie, 2019, screenshot from a movie, movie scene Midjourney’s response Generated by A.I. Mr. Southen Create an image of Dune movie screencap, 2021, Dune movie trailer Midjourney’s response Generated by A.I. Mr. Southen Create an image of “The Last of Us 2,” Ellie with guitar in front of tree Midjourney’s response Generated by A.I.

Persons: Reid Southen, Midjourney, Joaquin Phoenix, ”, Southen’s, “ Joaquin Phoenix, Sega’s, Woody, watchdogs, Sarah Silverman, John Grisham, OpenAI, Southen, Keith Kupferschmid, Kupferschmid, Ellie, Gary Marcus, “ Marcus, ChatGPT, SpongeBob, chatbot, Kathryn Conrad, Marcus, Microsoft Bing, Mario, Conrad Organizations: Warner Bros, Marvel, The New York Times, Times, Microsoft, Copyright Alliance, New York University, Viacom, University of Kansas, Nintendo Locations: Michigan, A.I, Italian

☆ Google is getting worse as it loses its fight against search engine spam
▼ + stars: | 2024-01-21 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Read previewIt appears to be true: Search engines like Google are getting worse. They spent a year analyzing almost 7,400 of these queries on three search engines: Google, Bing, and DuckDuckGo. Their baseline finding was that search engines have "significant problems" with affiliate links — paid-for links that refer a customer to a seller. While the number of product reviews online that contain affiliate links isn't huge, the researchers said these reviews are overrepresented in search engine results. And as content generated by AI continues to flood the internet, the researchers said search engine results are likely to get worse.

Persons: —, Bevendorff Organizations: Service, Business, Google, Leipzig University Locations: Germany

☆ A new survey shows what TikTokers actually search for, as the app inches into Google's domain
▼ + stars: | 2024-01-19 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

The app isn't close to challenging Google's search dominance (the companies have even partnered together). But as a video-first app, TikTok may be better suited for certain visual-leaning queries. A new Adobe Express survey, conducted in August by brand-engagement firm Fractl, examined what makes search different on TikTok and what its users typically look for. AdvertisementFor brands looking to post on TikTok, Adobe's report offered insights into the types of videos companies should make and what topics to focus on. Respondents tended to prefer "video tutorials," "product or service reviews," and "personal stories or anecdotes" when using TikTok as a search engine.

Persons: —, Fractl, TikTok, they've, Bing, Gen Z Organizations: Service, Business, Adobe Express, Adobe, Google

Jack Burke Jr., who was the oldest living Masters champion and staged the greatest comeback ever at Augusta National for one of his two majors, died Friday in Houston. Burke, a member of the World Golf Hall of Fame, also won the PGA Championship and was equally skilled as a teacher. He built the fabled Champions Golf Club in Houston and delivered lessons along with a dose of homespun wisdom. His passing was confirmed by Steve Timms, the CEO and president of the Houston Golf Association who spoke with Burke's wife, Robin. Burke was part of the original PGA Hall of Fame in Pinehurst and was among PGA champions not ushered into the new World Golf Hall of Fame when it opened in 1998 in Florida.

Persons: Jack Burke Jr, Burke, ”, Steve Timms, Burke's, Robin, Ken Venturi, Venturi, Ted Kroll, Burke’s, Jack Burke, “, I’m, ” Burke, Claude Harmon, Winged, Bing Crosby, Ben Hogan, Arnold Palmer, Harmon, Jack Grout, Johnny Revolta, Paul Runyan, ‘, ’ I’m Organizations: Augusta National, Hall of Fame, PGA, Golf Club, Houston Golf Association, Masters, Ryder, Great Britain, River Oaks Country Club, Marines, Miramar, USGA, Metropolis Country, Bing Crosby Pro, Champions, Oakland Hills, of Fame, Curtis, Women’s Locations: Houston, Fort Worth, San Diego, New Jersey, New York, Churchill, Europe, Texas, Pinehurst, Florida

☆ Microsoft brings Copilot AI assistant to small businesses and launches a premium tier for individuals
▼ + stars: | 2024-01-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft said on Tuesday that small businesses can now subscribe to its Copilot virtual assistant in the company's productivity apps. And consumers who pay for the Microsoft 365 software can sign up for a new paid version of Copilot. But those who pay for Microsoft 365 Personal and Family subscriptions haven't been able to use it in Word, Excel, Outlook and other apps. Those with Copilot Pro receive "priority access to the very latest models — starting today with OpenAI's GPT-4 Turbo," Mehdi wrote. "Whether you need advanced help with writing, coding, designing, researching or learning, Copilot Pro brings greater performance, productivity and creativity," Mehdi wrote.

Persons: chatbot, Satya Nadella, Nadella, Yusuf Mehdi, Microsoft's, haven't, OpenAI's, Mehdi, Melius, Ben Reitzes Organizations: Microsoft, Investors, Google, Apple, Microsoft's Ignite, Windows, Bing, Copilot Locations: Seattle, copilot.microsoft.com

☆ What’s open and closed on MLK Day 2024
▼ + stars: | 2024-01-14 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

However, the first national celebration of MLK Day didn’t take place until 1986 after years of advocacy. Here’s what’s open and closed on Martin Luther King, Jr. Day 2024. Bing Guan/Bloomberg/Getty ImagesMajor US retailers and grocers — such as Target, Walmart and Kroger — will be open on MLK Day. MLK Day is one of six free entrance days in 2024. FedEx will be open, though FedEx Express and FedEx Ground Economy will be operating on modified service.

Persons: Martin Luther King, Jr, John Conyers, King, Here’s, Bing Guan Organizations: New, New York CNN, MLK, Retail, Costco, Bloomberg, Getty, Major, Target, Walmart, Kroger, Sam’s, US National Parks, United States Postal Service, UPS, FedEx, FedEx Express, Nasdaq, New York Stock Exchange Locations: New York, New Hampshire

☆ Microsoft's multibillion-dollar investment in OpenAI could face EU merger probe
▼ + stars: | 2024-01-09 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Microsoft 's multibillion-dollar investment in artificial intelligence firm OpenAI could face a full-blown merger investigation in the European Union, EU officials signaled Tuesday. The European Commission, which is the executive arm of the EU, said it was embarking on a competition investigation looking at the markets for virtual worlds and generative artificial intelligence. "The European Commission is checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation," the commission said in a statement on Tuesday. "Virtual worlds and generative AI are rapidly developing," Margrethe Vestager, European commissioner for competition, said in a statement Tuesday. The company has integrated some OpenAI technology into its Office, Bing and Windows products, and provides OpenAI with its own Azure cloud computing tools.

Persons: Margrethe Vestager Organizations: Microsoft, European Union, European Commission, European, EU, CNBC, Bing Locations: Redmond, Washington, OpenAI

☆ GPT and other AI models can't analyze an SEC filing, researchers find
▼ + stars: | 2023-12-19 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

Patronus AI co-founders Anand Kannappan and Rebecca Qian Patronus AILarge language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities and Exchange Commission filings, researchers from a startup called Patronus AI found. "That type of performance rate is just absolutely unacceptable," Patronus AI co-founder Anand Kannappan said. It feels like just testing by inspection," Patronus AI co-founder Rebecca Qian said. Here's some examples of questions in the dataset, provided by Patronus AI: Has CVS Health paid dividends to common shareholders in Q2 of FY2022? How the AI models did on the test

Persons: Anand Kannappan, Rebecca Qian Patronus, OpenAI's, ChatGPT, they're, Rebecca Qian, FinanceBench, Qian Organizations: Securities, Exchange, CNBC, SEC, Bloomberg, JPMorgan, McKinsey, Microsoft, Facebook, Meta, Lightspeed Venture Partners, Patronus, CVS, AMD, Coca

Read previewThe recent firing and rehiring of OpenAI CEO Sam Altman has put his leadership and personality under a microscope. People who have worked closely with Altman told Business Insider the truth lies somewhere in the middle. Advertisement"The thing I loved about OpenAI is you got to be heard," a former employee told BI. Relationship with MicrosoftWhile Altman is approachable, insiders said his obsession with growing the company can make him seem terse, impatient and superior to other "big tech" companies. AdvertisementAre you a Microsoft or OpenAI employee, or someone else with information to share?

Persons: —, Sam Altman, Altman, he's, He's, OpenAI's cofounders, Altman's, Satya Nadella, There's, OpenAI, doesn't, they've, Mira Murati, Sam, that's, Ashley Stewart, Kali Hays, Darius Rafieyan Organizations: Service, Washington Post, Business, Microsoft, Google, OpenAI Locations: astewart@insider.com, khays@insider.com, drafieyan@insider.com

☆ A ‘thirsty’ generative AI boom poses a growing problem for Big Tech
▼ + stars: | 2023-12-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Shaolei Ren, a researcher at the University of California, Riverside, published a study in April investigating the resources needed to run buzzy generative AI models, such as OpenAI's ChatGPT. Hundreds of millions of monthly users all submitting questions on the popular chatbot quickly illustrates just how "thirsty" AI models can be. The study's authors warned that if the growing water footprint of AI models is not sufficiently addressed, the issue could become a major roadblock to the socially responsible and sustainable use of AI in the future. For Google, meanwhile, total water consumption at its data centers and offices came in at 5.6 billion gallons in 2022, a 21% increase on the year before. watch nowIt's notable, however, that their latest water consumption figures were disclosed before the launch of their own respective ChatGPT competitors.

Persons: Shaolei Ren, Ren, Eitan Abramovich, OpenAI, Somya Joshi, Microsoft's Bing, Bard, Joshi, Paul Hanna Organizations: UNITED, EMIRATES, Tech, Microsoft, Google, University of California, Uruguay's Central Union, CNT, Afp, Getty, CNBC, Big Tech, Meta, SEI, U.S ., Stockholm Environment Institute, United, Inc, Talavera de la Reina, Bloomberg Locations: Dubai, Riverside, Montevideo, U.S, Stockholm, United Arab Emirates, Talavera de, Spain

☆ Activist Nuns, With Stake in Smith & Wesson, Sue Gun Maker Over AR-15 Rifles
▼ + stars: | 2023-12-05 | by ( Cameron Mcwhirter | Zusha Elinson | ) www.wsj.com time to read: 1 min

Smith & Wesson semi-automatic pistols for sale at a shop in California. Photo: Bing Guan/Bloomberg NewsA group of activist nuns filed an unusual shareholder lawsuit to pressure gun maker Smith & Wesson to drastically change the way it markets, makes and sells its popular version of the AR-15 rifle. The so-called shareholder derivative action, which the nuns filed in Nevada state court Tuesday against publicly traded Smith & Wesson, alleges that company leaders are putting shareholders at risk. They argue the leaders are exposing the company to liability by the way they have made and sold the rifle, which has been used in several mass shootings in recent years.

Persons: Smith, Bing Guan Organizations: Wesson, Bloomberg Locations: California, Nevada

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