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☆ Nvidia passes Apple in market cap as second-most valuable public U.S. company
▼ + stars: | 2024-06-05 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom. Nvidia also hit a $3 trillion market cap milestone on Wednesday after shares rose over 5%. Microsoft is the most valuable publicly traded company, with a market cap of $3.15 trillion, as of Wednesday. Apple was the first company to reach a $1 trillion and $2 trillion market cap. Nvidia shares have gone parabolic as its AI business has developed, rising more than 3,290% over the past five years.

Persons: Jensen Huang, Apple Organizations: Nvidia, Technology, Apple, Microsoft Locations: San Jose , California, China, U.S

☆ Will the AI spending boom pay off? One tech fund manager says it looks 'compelling' for some firms
▼ + stars: | 2024-06-05 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Many companies are in the AI infrastructure buildout phase right now. That's because, in order to enable AI applications, companies have to make the switch from "general purpose computing to accelerated computing," she said. "You can't run AI on traditional compute, it would be prohibitively expensive, and far too energy intensive," said Pleydell-Bouverie. That's a 35% increase from last year, she said, and all this incremental investment is being directed to AI initiatives. And the world is "only in the first five minutes of this AI infrastructure buildout," she added.

Persons: Clare Pleydell, Bouverie, Meta Organizations: Nvidia, Microsoft, Meta, Liontrust Asset Management, CNBC Pro, Google, Apple, JPMorgan, Liontrust Global Technology Fund, Technology

☆ Apple alerted Amazon about a potential cloud security risk, prompting a change in AWS's data-deletion process
▼ + stars: | 2024-06-05 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

Read previewAmazon Web Services made major changes to its data-deletion process after Apple alerted the cloud giant about a potential security risk, according to an internal document obtained by Business Insider. However, the AWS cloud services involved store information such as software, text, audio, video, images, resource identifiers, metadata tags, and permissions. These people asked not to be identified discussing a sensitive cloud security issue. Security is a top priority for AWSAmazon Web Services CEO Matt Garman AmazonFor AWS, security has always been a top priority. The AWS security team suggested taking actions to "meaningfully improve" the quality of the data-deletion process and "define a clear guideline" around it.

Persons: —, It's, Patrick Neighorn, Neighorn, didn't, it's, Justin Cappos, Fabrice Delhoste, Ken Elefant, Matt Garman, Brad Smith Organizations: Service, Services, Apple, Business, Amazon, AWS, BI, Employees, NYU, Sorenson Ventures, Security, Web, US Homeland Security, Microsoft, Committee

☆ Boeing’s Starliner launch: Highly anticipated crewed test flight set for third launch attempt
▼ + stars: | 2024-06-05 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —Boeing’s Starliner mission will make a third attempt at launching its first crewed flight test Wednesday in a milestone that has been a decade in the making. Veteran NASA astronauts Butch Wilmore and Suni Williams are set to ride aboard the Starliner capsule on a journey that takes them to the International Space Station. Cory S Huston/NASAIf Starliner successfully lifts off, the astronauts will spend just over 24 hours traveling to the space station. The station’s really designed to be a closed loop.”Now, the urine has to be stored onboard in containers, so Starliner’s anticipated arrival to the space station can’t come soon enough. This mission could be the final major milestone before NASA deems Boeing’s Starliner spacecraft ready for routine operations to deliver astronauts and cargo to the space station.

Persons: CNN —, Butch Wilmore, Suni Williams, Bill Nelson, —, ” Nelson, Williams, Cory S Huston, Starliner, ”, Dana Weigel, Wilmore, Steve Stich, SpaceX —, Lockheed Martin, Tory Bruno, “, it’s, Bruno Organizations: CNN, Atlas, Cape Canaveral Space Force, Veteran NASA, International Space, cumulus, Weather Squadron, NASA, Mercury, Gemini, Apollo, NASA’s, Space Station, SpaceX, Atlas V, United Launch Alliance, Boeing, Lockheed Locations: Florida, States, United States

☆ The 15 employers US engineering students most want to work for
▼ + stars: | 2024-06-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

Around 1 in 5 US engineering students in a survey chose Lockheed Martin as an ideal employer. 1 employer on Universum's new ranking using what engineering students said. AdvertisementWhile the labor market is looking tough for job seekers, some US engineering students are thinking about hopefully landing work at Lockheed Martin, GE Aerospace, or Nvidia one day. These places ranked highly on a new ranking about the employers US engineering students most want to work for. This story is available exclusively to Business Insider subscribers.

Persons: Lockheed Martin, Tesla, — Organizations: Lockheed, General Motors, Apple, Service, GE Aerospace, Nvidia, Business

☆ Cramer's Lightning Round: SoundHound is a sell
▼ + stars: | 2024-06-04 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Energy Transfer : "[buy, buy, buy!] Leonardo DRS : "It's real good, and you want to hold onto that." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market. Disclaimer The CNBC Investing Club Charitable Trust holds shares of Coterra and Nvidia.

Persons: You've, Leonardo, Jim Cramer's Organizations: Obsidian Energy, Nvidia, Zim Integrated Shipping Services, GE, AES, CNBC, Club, Club Charitable Trust Locations: Coterra

☆ The scary secret behind the boom in data centers
▼ + stars: | 2024-06-04 | by ( Adam Rogers | ) www.businessinsider.com time to read: +10 min

Last year all the data centers in the world had room for 10.1 zettabytes of information — roughly 456 billion Wikipedias. And with the rise of artificial intelligence, which requires vast quantities of data and power, the global capacity of data centers is expected to double by 2027. Data centers are more than just vast digital warehouses. The more data centers those companies have, the more of those services they can offer, and the more storage and number-crunching capacity they can provide. Over time, economists warn, AI startups will inevitably lose out to the tech giants that control the data centers.

Persons: they're, Cecilia Rikap, Matthew Wansley, Jonas Jacobi, Jacobi, It's, Rikap, Bengt, Åke, There's, Lina Khan, Today's, Adam Rogers Organizations: Google, Microsoft, Amazon Web Services, Big Tech, Corporate, Regulators, Yeshiva University, Amazon, Venture, Aalborg University, Tech, Google Cloud, Federal Trade Commission, Business Locations: OpenAI, Hotel California, Denmark, Europe, lockstep

☆ Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI
▼ + stars: | 2024-06-04 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +12 min

Correspondence from Nvidia staffers also indicates that Musk diverted a sizable shipment of AI processors that had been reserved for Tesla to his social media company X, formerly known as Twitter. "Elon prioritizing X H100 GPU cluster deployment at X versus Tesla by redirecting 12k of shipped H100 GPUs originally slated for Tesla to X instead," an Nvidia memo from December said. In a post on X in November, Musk wrote, "X Corp investors will own 25% of xAI." At Tesla, Musk has promised to build a $500 million "Dojo" supercomputer in Buffalo, New York, and a "super dense, water-cooled supercomputer cluster" at the company's factory in Austin, Texas. WATCH: Musk ordered Nvidia to ship thousands of AI chips to X

Persons: Elon Musk, David Swanson, Reuters Elon Musk, he's, Tesla's, Musk, Tesla, Elon, Critics, OpenAI's ChatGPT, Axios Harris, Jensen Huang, Huang, David Paul Morris, xAI's Grok, xAI, he'd, He's, Leo Koguan, Gerber Kawasaki's Ross Gerber, Joel Fleming, Fleming, hasn't, Ethan Knight Organizations: SpaceX, Tesla, Reuters, Nvidia, Tesla's Texas, CNBC, X Corp, EV, Google, Meta, Microsoft, Blackwell, Nvidia Corp, Technology, Bloomberg, Getty, Twitter, Equity Litigation Locations: Beverly Hills , California, Tesla's, U.S, San Jose , California, Buffalo , New York, Austin , Texas, North Dakota, Delaware, Tesla, xAI, SolarCity, Texas, New York

☆ The 15 companies US tech students most want to work for
▼ + stars: | 2024-06-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

1 spot in Universum's US ranking based on a survey of computer science students. The spots in the ranking are based on what students said were their ideal employers. 2 in the new ranking based on business students and No. But it looks like US computer science students are still thinking about some well-known tech companies, such as Microsoft, as employers they would love to work for — at least based on new results from another survey. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Google, Service, Microsoft, Business

☆ The 'promised land' of stable, high-paying jobs for recent grads is falling apart
▼ + stars: | 2024-06-04 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +10 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Austin Wang, a class-of-2025 computer-science major at Yale University, said students were "scared that engineering roles will be replaced in the future." Handshake found that fewer prospective business graduates were applying to consulting roles and that more were seeking positions in customer relations, marketing, and analytics compared with last year. Handshake's analysis suggested tech job postings geared toward fresh graduates fell by 30% compared with last year. Advertisement"It's quite bad for entry-level jobs in general but even worse for international students," she said.

Persons: —, It's, Goldman Sachs, Morgan Stanley, Austin Wang, Fabrice Coffrini, Beth Hendler, Matthew Park, Anika Nair, Rutgers University . Austin Wang, Anika Nair Yale's Wang, Wang, Amr Alfiky, you'll, Adnan Hussain, Christine Cruzvergara, Richard Carruthers, I've Organizations: Service, Management, Big Tech, National Association of Colleges, Employers, Business, New York Times, Yale University, McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, McKinsey, Getty Images Industry, Yale, Tech, Companies, Ivy League, Rutgers University ., Rutgers University, JPMorgan —, Investment, Citigroup, JPMorgan, Deutsche Bank, Finance, Reuters, National University of Singapore, Imperial College London, KPMG, Deloitte, HSBC, Amazon Web Services Locations: Wall, AFP, Singapore

☆ Bob Kelley, founder of used car guide Kelley Blue Book, dies at 96
▼ + stars: | 2024-06-04 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

That’s short for Kelley Blue Book, and it’s one of the longest-standing sources for used car values there is. Bob Kelley, publisher of used car guide Kelley Blue Book, died at 96. By 1926, that list turned into the first Kelley Blue Book pricing guide for used cars. Long ago, Bob Kelley was a “lot boy” at the dealership run by his uncle and his father, Sidney “Buster” Kelley. In 1995, Kelley Blue Book started a website, making its data easily accessible to the general public, not just industry insiders.

Persons: Kelley, Bob Kelley, Bob Kelley’s, Bob’s, Les Kelley, Kelley Kar, Sidney “ Buster ” Kelley, Charlie Vogelheim, Buster, ”, it’d, ” Bob, Vogelheim, Bob, ” Vogelheim, “, Edmunds Organizations: CNN, Kelley Kar Company, Los, Lexus, Cox Enterprises Locations: Indian Wells , California, Los Angeles

☆ Mega rock engravings could be ancient borders, study suggests
▼ + stars: | 2024-06-04 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

CNN —Ancient rock engravings in what’s now South America — believed to be among the largest in the world — were meant to mark the boundaries of the territories inhabited by their makers, according to a new study. The rock art at Cerro Pintado, about 42 meters long, includes a giant snake, a human figure, a mask motif and a multilegged creature. Philip Riris et al. Monumental rock art of a snake tail in Colombia dwarfs the humans in this image. A close-up shows a detail of rock art on Picure Island, Venezuela.

Persons: South America —, Philip Riris et, ”, Philip Riris, —, Riris, they’re, ” Riris, weren’t, don’t, constricting, José Oliver, Natalia Lozada Mendieta —, Oliver, Lozada Mendieta, George Lau, Dr, Alexander Geurds, Geurds, doesn’t, ” Geurds, “ Organizations: CNN, Venezuela —, Cerro Pintado, Bournemouth University, University College London, Universidad de Los, Colombian, Venezuelan, University of East, University of Oxford Locations: what’s, South America, Venezuela, Colombia, Pintado, Cerro, Cerro Pintado, United Kingdom, Universidad de Los Andes, Americas, University of East Anglia, American

☆ A YouTuber earned over $800,000 through sponsorships and ad revenue last year with videos on controversial topics like Ozempic
▼ + stars: | 2024-06-04 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

That's what creator Jake Tran attributes to his success on YouTube , where he's built an audience of 1.82 million subscribers by posting documentary-style videos. His creator journey began in high school when he was inspired by YouTube explainer videos that dissected specific topics. "You can make just as much money, if not more money, than YouTube ads," he said of sponsorships. AdvertisementLast year, Tran generated $820,246 in revenue from YouTube ads and sponsorships, which BI verified through documentation he provided. Last year, Tran earned $390,937 from sponsorships through his Jake Tran YouTube channel.

Persons: —, Jake Tran, Tran, Mark Zuckerberg, Graham Steffan, Ozempic, Arvid Ali, Wolf, Jordan, Ali Organizations: Service, YouTube, Business, Jake Tran YouTube

☆ Why this AI researcher thinks there's a 99.9% chance AI wipes us out
▼ + stars: | 2024-06-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

For example, a recent study conducted with 2,700 AI researchers indicated there's only a 5% chance that AI will lead to human extinction. The AI researcher teaches computer science at the University of Louisville and just came out with a book called "AI: Unexplainable, Unpredictable, Uncontrollable." Yampolskiy said he finds that unlikely since no AI model has been completely safe from people attempting to get the AI to do something it wasn't designed to do. AdvertisementGoogle AI Overviews, based on Google's Gemini AI model, is the latest product rollout that didn't stick the landing. The CEO of ChatGPT developer OpenAI, Sam Altman, has suggested a "regulatory sandbox" where people experiment with AI and regulate it based on what "went really wrong" and what went "really right."

Persons: —, Lex Fridman, Fridman, Roman Yampolskiy, Yampolskiy, they've, Biden, Sam Altman, Altman, there'll, ChatGPT, Elon Musk, Eric Schmidt, Schmidt Organizations: Service, Business, University of Louisville, Google Locations: Africa

☆ The market has 'completely missed' this critical AI chip stock, says fund manager
▼ + stars: | 2024-06-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Cadence Design Systems , a U.S. company that provides electronic design software to chip makers, has been "completely missed" by investors, according to Clare Pleydell-Bouverie, fund manager at Liontrust. Liontrust's Global Technology Fund , with $265 million in assets, is invested in both stocks with around 3.3% allocated to each as of April 30. "Cadence is going to be the key enabler of this, and that's been completely missed by the market." Pleydell-Bouverie also pointed out that Cadence benefits from a "dual growth driver" — companies designing more chips to bring AI capabilities to consumers and Cadence using AI to improve its own chip design process and efficiency. Analysts remain broadly bullish on the stock, however , with 67% rating it as a buy and 28% maintaining a hold rating.

Persons: Clare Pleydell, CNBC's Arabile, Bouverie, Blackwell, that's Organizations: Cadence Design Systems, Cadence, Liontrust's Global Technology Fund, Palladium, Nvidia Locations: U.S

☆ Current and former OpenAI employees warn of AI's 'serious risks' and lack of oversight
▼ + stars: | 2024-06-04 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

A group of current and former OpenAI employees published an open letter Tuesday describing concerns about the artificial intelligence industry's rapid advancement despite a lack of oversight and an absence of whistleblower protections for those who wish to speak up. "AI companies have strong financial incentives to avoid effective oversight, and we do not believe bespoke structures of corporate governance are sufficient to change this," the employees wrote. The letter also details the current and former employees' concerns about insufficient whistleblower protections for the AI industry, saying that without effective government oversight, employees are in a relatively unique position to hold companies accountable. "Ordinary whistleblower protections are insufficient because they focus on illegal activity, whereas many of the risks we are concerned about are not yet regulated." Four anonymous OpenAI employees and seven former ones, including Daniel Kokotajlo, Jacob Hilton, William Saunders, Carroll Wainwright and Daniel Ziegler, signed the letter.

Persons: OpenAI, they've, Daniel Kokotajlo, Jacob Hilton, William Saunders, Carroll Wainwright, Daniel Ziegler, Ramana Kumar, Neel Nanda, Geoffrey Hinton, Yoshua Bengio, Stuart Russell Organizations: Google, Microsoft, Meta, CNBC, Security Locations: Anthropic

☆ These restaurants are taking the lead on AI and robots. What it means for their stocks
▼ + stars: | 2024-06-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +11 min

Restaurants have traditionally lagged behind other sectors in their adoption of technology, but rising labor costs have changed the narrative. Major food industry players are making strides to invest in innovation, including AI and robotics. While it is still early days, analysts have already identified some companies that are taking the lead. YUM YTD mountain Yum Brands shares year to date Robots peeling avocados, mixing salads The use of robotics in restaurants is at its nascence. Chipotle, Sweetgreen and Cava partially have an advantage due to the nature of their products, which offer customers a bowl of mixed ingredients as an end order.

Persons: Bernstein, Danilo Gargiulo, Gargiulo, Morgan Stanley, Brian Harbour, Payne Capital Management Courtney Garcia, Rahul Krotthapalli, They've, Courtney Garcia, Garcia, Payne, Piper Sandler, Chipotle Organizations: Wall, CNBC, Google, Payne Capital Management, Starbucks, JPMorgan, Yum Brands, KFC, Taco Bell, Systems, Collider Lab Locations: Cava, Chipotle, Sweetgreen

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Netflix, Broadcom, Micron, Nike, Alphabet, First Solar & more
▼ + stars: | 2024-06-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Alphabet as buy Bank of America said it's sticking with its buy rating on the search giant. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's bullish heading into Apple's Worldwide Developers Conference. Morgan Stanley initiates Zeekr as overweight Morgan Stanley said it's bullish on shares of the electric vehicle company. Bank of America reiterates Nike as buy Bank of America said it's standing by its buy rating on shares of Nike. Morgan Stanley reiterates First Solar as overweight Morgan Stanley raised its price target on the stock to $331 per share from $248.

Persons: Oppenheimer, it's, JPMorgan, Morgan Stanley, Apple, Canaccord, ZEEKR, Barclays downgrades Stanley Black, Decker, Piper Sandler, Tesla, Piper, Bernstein, Wells, Guggenheim, Goldman Sachs, Goldman, MAXN, Mizuho, Linde, Williams, Columbus McKinnon Organizations: JPMorgan, Netflix, Price, Bank of America, Apple's Worldwide, " Bank of America, Nvidia, NVIDIA Corp, DraftKings Inc, Kirby Corp, FedEx Corp, Marvell Technology, Barclays, Tesla, Broadcom, Express, Logitech, UW, Autonomy, Nike, Mizuho, SUN, Kinder Morgan, Nat, Micron, Columbus Locations: OW, Kinder

☆ Internet addiction may harm the teen brain, MRI study finds
▼ + stars: | 2024-06-04 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

A new study has possibly captured that objectively, finding that for teens diagnosed with internet addiction, signaling between brain regions important for controlling attention, working memory and more was disrupted. Specifically, internet ‘addiction,’ which was initially conjured up by (psychiatrist) Ivan K. Goldberg in 1995 as a joke. Das wasn’t involved in the study. “Overall, the mechanisms underlying internet addiction are more like an emerging pattern than a finished picture,” Chang said. “Similar to substance and gambling disorders, internet addiction rewires the brain, making it harder to resist internet related stimuli,” he added.

Persons: ”, Max Chang, ” Dr, David Ellis, Ellis, wasn’t, Ivan K, Goldberg, ’, ” Ellis, isn’t, Eva Telzer, ” Telzer, Smita Das, Das wasn’t, Caglar, Yildirim wasn’t, ” Chang, Chang, Yildirim, Das, ” Das, “ Organizations: CNN — Teens, Mental Health, Brigade, Family Service, University of Bath’s Institute for Digital Security, Disorders, University of North, Chapel Hill, Stanford Medicine, Khoury College of Computer Sciences, Northeastern University, American Psychiatric Association, APA Locations: San Francisco, United States, Asia, China, University of North Carolina, Chapel, California, Boston, APA’s

☆ Boeing’s Starliner crew prepares for Wednesday launch
▼ + stars: | 2024-06-03 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —The latest attempt at an inaugural crewed launch of Boeing’s Starliner spacecraft is on track for Wednesday after a computer issue halted the countdown just moments before liftoff on Saturday. The historic mission, called the Crew Flight Test, is set to launch at 10:52 a.m. Teams safely extracted the astronauts from the capsule, and Williams and Wilmore returned to crew quarters as fuel was drained from the rocket. Boeing's Starliner spacecraft sits atop a United Launch Alliance Atlas V rocket at Cape Canaveral Space Force Station in Florida on May 31. Veteran NASA astronauts Butch Wilmore (left) and Suni Williams are seen on Saturday prior to Starliner's second launch attempt.

Persons: Butch Wilmore, Suni Williams, Lockheed Martin, Williams, Wilmore, Joe Raedle, ”, Tory Bruno, “, it’s, Bruno, Starliner, Joe Skipper Organizations: CNN, Cape Canaveral Space Force, Veteran NASA, Atlas, United Launch Alliance, Boeing, Lockheed, NASA, Atlas V, cumulus, Weather Squadron, International Space Station, Reuters Locations: Florida, United States

☆ Ancient crystals reveal the earliest evidence of fresh water, scientists say
▼ + stars: | 2024-06-03 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

We have discovered the earliest evidence of fresh water and representative evidence for dry land above the sea,” he added. The research indicates that the Earth’s water cycle — when water moves between land, oceans and atmosphere through evaporation and precipitation — was operating at that point in time. The earliest widely agreed upon evidence of life — and fresh water — comes from stromatolites, fossilized microbes that formed mounds in hot springs 3.5 billion years ago, Gamaleldien said. Two zircon crystals showed isotopic evidence of meteoric or fresh water; one was 4 billion years old, while the other was 3.4 billion years old, he said. What’s more, land and fresh water, which likely would have fallen as rain, would have provided the essential ingredients for the origin of life, he said.

Persons: ”, Hamed Gamaleldien, ” Gamaleldien, Gamaleldien, … landmasses, Hugo Olierook, Hamed, “, John Valley, Geochemist Beth Ann Bell, wasn’t, ” Bell Organizations: CNN, Nature, “, Curtin University’s School of, Planetary Sciences, Khalifa University, United Arab, Curtin’s School of, geoscience, University of Wisconsin Locations: Australia, United Arab Emirates, Western Australia, Jack, John, Madison

☆ How a peak boomer lives 'perfectly comfortably' on less than $30,000 a year after moving from Texas to tiny homes in New York and Florida
▼ + stars: | 2024-06-03 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Read previewSam Mitchell, 64, has a yearly income of below $30,000 a year from Social Security. It's a very different way of life from the corporate real estate job he had 15 years ago in Austin making six figures and owning five homes. "I am making a fourth of the money I was making in 2008, but nobody is going to do it." AdvertisementMoving to New York and FloridaTo start life anew, he bought a farm in Peru and built a small house. AdvertisementOnce Social Security payments kicked in, he relied on the $900 a month to get by.

Persons: —, Sam Mitchell, they're, Mitchell, It's, Keller Williams, Austin, Sancho Panza, he's Organizations: Service, Social Security, Business, Social, University of Florida, South, Southwest, Austin City, Austin Locations: New York, Florida, Austin, Ithaca , New York, Atlanta, Santa Cruz , California, Costa Rica, South Austin, Peru, Ecuador, California , Oregon, Washington, BestBuy

☆ Democrats wanted an agreement on using artificial intelligence. It went nowhere
▼ + stars: | 2024-06-03 | by ( ) www.cnbc.com time to read: +8 min

The Democratic National Committee was watching earlier this year as campaigns nationwide were experimenting with artificial intelligence. It asked campaigns to check work by AI tools, protect against biases and avoid using AI to create misleading content. It sent the proposal in March to the five Democratic campaign committees that seek to elect House, Senate, gubernatorial, state legislative and state attorneys general candidates to office, according to the draft agreement. The Democratic committee had hoped the statement would be signed by Chair Jaime Harrison and the leaders of the other organizations. Spokesmen from the Democratic Governors Association and Democratic Legislative Campaign Committee declined to comment.

Persons: Joe Biden, Hannah Muldavin, Muldavin, Jaime Harrison, Sam Altman, Eric Schmidt, Altman, Biden, Dustin Moskovitz, Reid Hoffman, – Organizations: White, Democratic National Committee, The Associated Press, Democratic, DNC, Republican National Committee, Google, Federal, Commission, Facebook, LinkedIn, Democratic Congressional Campaign, General, Associated Press, Democratic Governors Association, Democratic Legislative Locations: Washington , DC

☆ After paying $25,000 of credit-card debt, I'm ready to make the most of my clean slate
▼ + stars: | 2024-06-03 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

At the beginning of the year, I was facing nearly $30,000 in credit-card debt. When December ticked into January, I knew it was time to face something I had been putting off: my credit-card debt. This compounded my stress about my credit-card debt. I had $5,000 in credit-card debt left after that, and I'm following my budget to pay that off. Now, I'm determined to use my clean slate to set up a solid financial future, not one built on debt.

Persons: —, I've, I'd, I'm Organizations: Service Locations: Italy

☆ With AI writing so much code, should you still study computer science? This new data point provides an answer.
▼ + stars: | 2024-06-03 | by ( Alistair Barr | ) www.businessinsider.com time to read: +5 min

Read previewOne of the most persistent concerns around generative AI is whether the technology will put workers out of a job. Github Copilot can write a lot of code these days, so is it even worth studying computer science now? There's a new data point that helps answer at least part of this question: Students are still lining up in droves to take computer science in college. Related VideoFirst-year applications to UC Berkeley's College of Computing, Data Science, and Society CDSS increased 48% this year. "Generative AI can speed up the more mundane parts of software development, and software developers tend to adopt efficiency tools quickly," he added.

Persons: —, That's, Jennifer Chayes, Gavin Newsom, Fei, Fei Li, There's, John DeNero, He's, DeNero Organizations: Service, Business, University of California, UC Berkeley's College of Computing, Data Science, UC Berkeley, Berkeley's College of CDSS, Stanford, Joint California, Science, Google, Berkeley Locations: University of California Berkeley, San Francisco, Lilt

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