Top related persons:
Top related locs:
Washington U.S China Africa Paris North Carolina Nevada New Hampshire
Top related orgs:

Search resuls for: "Adoption"


25 mentions found


Rather than developing its own AI models, JPMorgan designed LLM Suite to be a portal that allows users to tap external large language models — the complex programs underpinning generative AI tools — and launched it with ChatGPT maker OpenAI’s LLM, said the people. ChatGPT banThe bank is giving employees what is essentially OpenAI’s ChatGPT in a JPMorgan-approved wrapper more than a year after it restricted employees from using ChatGPT. The number of uses for generative AI are “exponentially bigger” than previous technology because of how flexible LLMs are, Heitsenrether said. Ultimately, the generative AI field may develop into “five or six big foundational models” that dominate the market, she said. Heitsenrether charted out three stages for the evolution of generative AI at JPMorgan.
Persons: ” Teresa Heitsenrether, , ChatGPT, Morgan Stanley, Jamie Dimon, Dimon, JPMorgan didn’t, Heitsenrether, , “ We’ve, ” Heitsenrether, it’s, — CNBC’s Leslie Picker Organizations: JPMorgan Chase, CNBC, JPMorgan, Apple, Accenture, Citigroup Locations: U.S
Bank of America sees more room to run for CyberArk shares after a strong earnings report. Analyst Madeline Brooks hiked her price target by $20 to $335, which now suggests 27.1% upside from Thursday's close. Brooks also maintained her buy rating on the cybersecurity stock. As "a diamond in the rough, CyberArk keeps shining bright," Brooks told clients in a Thursday note. "We see several drivers that should continue to support growth," Brooks said.
Persons: Madeline Brooks, Brooks, CyberArk, CrowdStrike Organizations: of America, CrowdStrike
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAkamai CEO Tom Leighton on Q2 earnings beat, AI adoption and growth outlookAkamai Technologies co-founder and CEO Tom Leighton joins 'Squawk Box' to discuss the company's quarterly earnings results, growth outlook, impact of generative AI adoption, his thoughts on the CrowdStrike outage, and more.
Persons: Tom Leighton Organizations: Technologies
DuPont's water business DuPont is considered a leader in purification and specialty-separation technologies that generates cleaner water for industries, governments, and communities. Arun Viswanathan, analyst at RBC Capital Markets, characterizes Dupont's water business' next-generation products as being "at the top of the technology pyramid." Dupont's water business is the smallest of the three companies that will be created by the breakup. As this exercise shows, DuPont's water business as a standalone firm would certainly deserve that compared to some. Potential M & A It's possible DuPont's water business never makes it to standalone status.
Persons: we've, Jim Cramer, It's, Lori Koch, it's, Aleksey Yefremov, Arun Viswanathan, Viswanathan, Dupont, RBC's Viswanathan, DuPont, KeyBank's Yefremov, EBITDA, Pentair, Veralto, Yefremov, They'll, they'll, , Koch, Ed Breen, Jim Cramer's, Jim, Jeff Fusco Organizations: DuPont, CNBC, JPMorgan, Bank, Barclays, RBC Capital Markets Locations: China, North America, Asia, East, Africa, America, Yefremov, Wilmington , Delaware
Simone Biles said she closed her time at the Paris Olympics "bawling my eyes out" to her teammates, after a glorious run where the 27-year-old superstar secured four medals — three gold and one silver. She bowed out of the Olympics Monday after winning silver in the women’s floor exercise final following multiple penalties, and after falling on the balance beam. Speaking on how she felt ending her stint at the world's greatest competition stage, the 11-time Olympic medalist said it hasn't quite sunk in. For him, it meant the world to him because he’s seen the amount of hours that I’ve put in. Instead, she simply wants to be remembered as “someone who loved the sport, had fun doing it and was just authentically herself.”
Persons: Simone Biles, Chiles, , , Hoda Kotb, Biles, ” Ronald, Nellie Biles, Adria, Kotb, I’m, ” Biles, , Jonathan Owens, he’s, I’ve Organizations: Paris, Tokyo, Games, Tokyo Olympics Locations: , Jordan, Los Angeles, Paris
Software firm discusses AI adoption and regulation
  + stars: | 2024-08-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoftware firm discusses AI adoption and regulationCharles Sansbury, CEO of Cloudera, discusses the challenges that its customers are facing in adopting artificial intelligence.
Persons: Charles Sansbury Organizations: Email Software
Read previewWith the recent launch of SearchGPT, OpenAI has positioned itself to compete with Google in the search engine market. The new tool allows users to search the web in real time and automatically summarize results from Microsoft's Bing. Chris Rodgers, the CEO at SEO agency CSP, has worked in the search engine industry for over 20 years. He told Business Insider that SearchGPT may not pose an immediate threat to Google Search. He also said Google should feel the heat because OpenAI has presented a better strategy than Google in its rollout of SearchGPT.
Persons: , OpenAI, Microsoft's Bing, hasn't, Chris Rodgers, Rodgers, that's, Axel Springer, SearchGPT, it's Organizations: Service, Google, Business, Astra, Vox Media, News Corp Locations: ChatGPT
Bitcoin was no exception to Monday's broad market rout, which gives investors a good buying opportunity, according to analysts. The flagship cryptocurrency dropped 11% over the three days ending Monday, according to Coin Metrics, pulling down the performance of stocks related to it. "As a reminder, Bitcoin historically has very strong returns in the one-year period post halving," Brett Knoblauch, an analyst at Cantor Fitzgerald, said in a note Monday. Cantor has overweight ratings on eight mining stocks, including Riot Platforms , CleanSpark , Iris Energy , Core Scientific and Cipher Mining . Knoblauch said Riot Platforms, one of the largest of the mining stocks, has the best liquidity and one of the cheapest all-in costs to mine bitcoin.
Persons: Bitcoin, Brett Knoblauch, Cantor Fitzgerald, Knoblauch, Cantor, Iris, Energy, — CNBC's Michael Bloom Organizations: Iris Energy, Core, Cipher
Read previewQuiet vacationing — employees secretly taking time off or using tools to circumvent monitoring software — is rising. This story is available exclusively to Business Insider subscribers. AdvertisementBusiness Insider has previously reported on employees using mouse jigglers and other methods to take secret vacations or work multiple jobs at once. Related stories"What does it say if an employee feels they can't take an extra day vacation or have to sneak out to go on vacation? Employees should have clear goals and objectives, and companies should measure employee performance based on those metrics, according to Church.
Persons: , Nolan Church, JP Morgan, aren't, Church, wasn't Organizations: Service, Business, Amazon, Church, Microsoft, Church . Church Locations: Church
(Trump himself has tried to distance himself from Project 2025 but many of his policies and goals overlap.) “Honestly, the Trump administration was often sloppy in the way they rolled out these executive orders, including the first Muslim travel ban,” Washington Attorney General Bob Ferguson told CNN, referring to the Trump ban on migrants from several Muslim-majority countries that was the target of one of nearly 100 lawsuits brought by the Evergreen State against the Trump administration. “This time around, Project 2025 provides a very thorough overview over the issues in which a leading conservative organization, like the Heritage Foundation, is likely to push the Trump administration,” Romero said. Part of the Project 2025 effort has been to collect and vet thousands of potential staffers to serve up and down the federal bureaucracy of a future Trump administration. The ACLU, meanwhile, has been rolling out a series of analyses of possible legal and legislative responses to potential Trump policies.
Persons: Donald Trump, he’ll, slapdash policymaking, Trump, Bob Ferguson, Ferguson, Washington Democrat –, , , , Deepa Alagesan, Trump’s, Elizabeth Taylor, rollbacks, “ It’s, Anthony Romero, ” Romero, Joe Biden, Romero, It’s, Paul Dans, Skye Perryman, Kica Matos Organizations: CNN, Republican, Trump, Evergreen State, Washington Democrat, International Refugee Assistance, , National Health Law, Republicans, Supreme, ACLU, Heritage Foundation, Trump Justice Department, Forward, Immigration Law Center, New York Times, Democratic Locations: Washington
Following the trade, Jim Cramer's Charitable Trust will own 260 shares of MSFT, increasing its weighting to 3.33% from 2.7%. 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. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer's, DOV, Jim Cramer, Jim Organizations: Microsoft, MSFT, Ford, Wynn Resorts, NXT, CNBC Locations: DuPont, Dover, Nextracker, Wells Fargo
Still, plastic diapers from mega brands like Procter & Gamble -owned Pampers and Kimberly-Clark -owned Huggies continue to dominate the market. Kudos Diapers Courtesy: HatchMark StudioIn the three years since its launch, Kudos has raised more than $6 million in funding. Reduce the globe's reliance on fossil fuels by building out new supply chains and developing sustainable products that are just as effective – if not better – than competitors. Even sourcing natural materials for use instead of plastics would be challenging for larger companies because of their scale, Saigal said. The reality is, when natural materials become cheaper than plastic," she said.
Persons: Amrita Saigal, Clark, it'll, Saigal, it's, They're, Pampers Organizations: Environmental Protection Agency, Procter, Gamble, Massachusetts Institute of Technology, CNBC, Precursor Ventures, Xfund, Oversubscribed Ventures, MIT Locations: Kimberly
The Republican nominee for governor of North Carolina is out with a new TV ad where he and his wife reveal that she had an abortion 30 years ago. Mark Robinson and his wife talk directly to the camera, revealing few details about the procedure beyond his telling viewers, "Thirty years ago, my wife and I made a very difficult decision. Robinson’s promise in his TV ad to keep the state’s abortion ban at 12 weeks appears to mark a shift from his previous remarks. "As governor, Mark Robinson will work to make North Carolina a destination for life by building a culture that does more to support women and families, including bolstering adoption, as well as foster and childcare." Robinson isn't the first GOP candidate this year to publicly say his wife had an abortion.
Persons: Mark Robinson, Robinson, Josh Stein, Roy Cooper, We’ve, Robinson’s, Mark Lonergan, Lonergan, Sam Brown, Amy, Sen, Kelly Ayotte, Dave Reichert Organizations: Republican, Gov, Democratic, GOP, Fox News, NBC News Locations: North Carolina, Nevada, Washington and New Hampshire, New Hampshire, Washington
Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, CNBC has learned. The firm's 15,000 or so financial advisors can solicit eligible clients to purchase shares of two exchange-traded bitcoin funds starting Wednesday, according to people with knowledge of the policy. Those funds are BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, the people said. The move from Morgan Stanley, one of the world's largest wealth management firms, is the latest sign of the adoption of bitcoin by mainstream finance. In January, the U.S. Securities and Exchange Commission approved applications for 11 spot bitcoin ETFs, heralding the arrival of an investment vehicle for bitcoin that is easier to access, cheaper to own and more readily traded.
Persons: Morgan Stanley, Fidelity's, Jamie Dimon, Warren Buffett, it's, Goldman Sachs, Wells, spokespeople Organizations: CNBC, Bitcoin, U.S . Securities, Exchange Commission, JPMorgan Chase, Berkshire Hathaway, JPMorgan, Bank of America
Similar to US manufacturing workers who lost their jobs in recent decades to advancements like automation, those displaced by AI could find themselves without the skills needed for the modern workforce. It comes down to when — and where — AI job losses are likely to materialize. Davis said there are several reasons workers who are displaced by AI should have an easier time finding work than many manufacturing workers of the past. Impacted workers in cities would be more likely to have job opportunities than workers where manufacturing jobs were concentrated, which often were in the Midwest. Widespread AI job displacement won't happen for at least a decadeWhile Davis is uncertain about the timing and scale of AI job displacement, he said he doesn't expect AI to drive major job losses over the next decade.
Persons: , Goldman Sachs, It's, Steven Davis, Hoover Institute —, Davis, it's, — Davis, they've, they're, Joe Biden, there's, Jim Covello, that's Organizations: Service, Business, Hoover Institute, Stanford University —, Bureau of Labor Statistics —
"The most powerful part of the AI story thus far is the chief technology officer, chief information officer," Griffin said at the Milken Global Institute. At the most profitable hedge fund of all time, that person is Umesh Subramanian, Citadel's chief technology officer. But in the age of generative AI, the role of the CTO has evolved into something that reaches far beyond the back office. Nearly two years after OpenAI introduced ChatGPT, finance firms are still trying to figure out the best ways to leverage generative AI for their own businesses and workers. Related stories"The level of investment right now in AI, trickling down the whole value chain, is no longer only a technology investment," Argenti said.
Persons: , Ken Griffin, Griffin, They've, Subramanian, OpenAI, it's, Andrew Chin, AllianceBernstein, Goldman Sachs, Marco Argenti, Chin, Wells, Bridget Engle, Engle, Keri Smith, Argenti, Citadel's Subramanian, Wall, Accenture's Smith, AllianceBernstein's Chin, Goldman's Argenti Organizations: Service, Citadel, Milken Global Institute, Business, BNY Mellon, Goldman, Amazon Web Services, Management, Accenture, Tech, Wall Locations: Wall
How Does Your State Make Electricity?
  + stars: | 2024-08-02 | by ( Nadja Popovich | ) www.nytimes.com   time to read: +58 min
Wind turbines provided just 1 percent of the electricity produced in the state in 2001 and nearly 60 percent last year. How Kentucky made electricity from 2001 to 2023 Percentage of power produced from each energy sourceCoal still generates the majority of the electricity produced in Kentucky, a longtime coal mining state. Since then, virtually all of the electricity produced in the state has come from renewable sources, including hydropower, biomass, wind and solar. It has supplied more than 85 percent of the electricity produced in the state every year for more than two decades. Last year, wind supplied more than a fifth of the electricity produced in the state.
Persons: Biden, , Melissa Lott, ” Dr, Lott, Glenn McGrath, , Connecticut’s, Coal, Philip D, Murphy, Dr, Tony Evers Organizations: Midwest . Coal, Petroleum, . Energy, Center, Global Energy, Columbia University, United States Energy Information Administration, Alabama Alaska, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode, South, South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington, Hydro, U.S . Energy Information Administration, Arizona Public Service, Xcel Energy, Delaware, Sunshine State, Gas, Georgia Power, Maryland, Nuclear, Nebraska, New, New Jersey Legislature, North, Duke Energy, Ohio, Coal, Rhode, Central and Western, Utilities, Vermont Yankee, Virginia’s Democratic, Republican, Dominion Energy Locations: United States, U.S, Nevada, Iowa, Wyoming, Midwest, Alabama, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon, South Carolina South Dakota Tennessee Texas Utah Vermont, South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming, Alaska, Arizona, . Arizona, Arkansas, California, Colorado, Connecticut, Bridgeport Harbor, Delaware, Florida, Texas, Georgia, Hawaii, Idaho, Oregon, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Canada, Maryland, States, Massachusetts, , Massachusetts, Michigan, Minnesota, State, Mississippi, . Mississippi, Missouri, Montana, Washington and Oregon, Nebraska, Fort Calhoun, Plains, New Hampshire, Seabrook, . New Hampshire, Hampshire, New England, New Jersey, ” New Jersey, New Mexico, New York, North Carolina, Carolina, North, Dakota, North Dakota, Ohio, Lake Erie, . Ohio, Oklahoma, Pennsylvania, Rhode, Rhode Island, New, South Carolina, South Dakota, Central, Central and Western United States, Tennessee, , Texas, Utah, Vermont, Virginia, Washington, West Virginia, West, Wisconsin, . Wyoming
Some large-cap tech stocks are likely to fare better than others if investors continue to move into smaller companies. Artificial intelligence-adjacent mega-cap tech titans have been the driving force behind the current bull market rally, which began last October. Nvidia — with a market value above $2.9 trillion — has soared 136% this year alone, after climbing 239% in 2023. But a combination of disappointing tech earnings and impending interest rate cuts has weakened some of the bullish sentiment toward mega-caps. Analysts see potential price upside of 10% in AI-adjacent stock ServiceNow .
Persons: Russell, LSEG, ServiceNow, Mizuho, Gregg Moskowitz, TD Cowen, Fortinet, Shaul Eyal, Fred Imbert Organizations: Nvidia, Nasdaq, CNBC Pro, Visa, Analysts, Keysight Technologies, & & '
Read previewFaced with higher rates and a daunting fundraising climate, hedge funds are wooing investors with a seemingly antithetical pitch: index investing with a twist. Hedge fund industry insiders are abuzz right now about "portable alpha," a blast-from-the-past strategy that's undergoing a revival. According to the Morgan Stanley white paper, it can take on a variety of forms, including "dedicated portable alpha funds, portable alpha share classes, portable alpha feeder funds and other solutions." Advertisement"It's a nice way of smuggling hedge funds into your portfolio if you're an allocator," said Jon Caplis, CEO of hedge fund research firm PivotalPath. He said much of the industry still hasn't woken up to the appetite for portable alpha solutions and the potential boon to hedge funds.
Persons: , punchier, Kim Shaw, Morgan Stanley, There's, Shaw, Penny Novick, Morgan, Novick, Bill Gross, Myron Scholes, PIMCO's, Roark Stahler, Jon Caplis, Russell, PIMCO, Sabrina Callin, Brian Payne, Payne, Caplis, hasn't Organizations: Service, Trading, Business, Man, CME Group, BlackRock, Barclays, Russell Investments, Institutional, State, Investor, BCA Research, Teachers, Investors Locations: Winton, American, Illinois
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta is leading the way in using AI to reengineer their business, says Rosenblatt's Barton CrockettBarton Crockett, Rosenblatt Securities senior research analyst, joins 'Squawk Box' to discuss Meta's quarterly earnings results, state of the company's AI adoption, and more.
Persons: Rosenblatt's Barton Crockett Barton Crockett Organizations: Rosenblatt Securities
It's the culmination of years of fine-tuning over successive Olympic Games — as this timeline shows. The Olympic Games are perhaps the world's best-known sporting competition, broadcast to billions worldwide. Here's how 5G capabilities have progressed at the Olympic Games since 2018, starting with a small trial at the 2018 Winter Olympics in Pyeongchang, South Korea, and expanding to today's Games-wide connectivity experience. The companies jointly developed the 5G network at what organizers called "the most innovative Olympic Games ever." Beijing Winter Olympics 2022China has long been an innovator of mobile technology, and the 2022 Winter Olympics in Beijing proved no exception.
Persons: , Markus Nispel, Mario Reis, Orange, Bertrand Rojat, Rojat Organizations: Paris, Service, Olympic, Extreme Networks, Europe, Olympic Games, today's, KT, Korea Telecom, Sync, Tokyo, Intel, NTT Docomo, Tokyo Games, Olympic Broadcasting Services, Games, Paris Olympic Locations: Paris, Africa, Pyeongchang, South Korea, Tokyo, Beijing, China, Orange
Read previewMark Zuckerberg looks poised to dominate the AI adoption race thanks to a technicality: Meta has three billion-plus captive users who have no choice but to use it. As the company reported second-quarter earnings on Wednesday, Zuckerberg gloated about Meta AI — its AI assistant rolled out earlier this year — being "on track to achieve our goal of becoming the most used AI assistant by the end of the year." Related storiesIn effect, then, that gives Zuckerberg a lot of engaged users to introduce AI-powered technology to. Meta's family of apps now has 3.27 billion daily active users. Zuckerberg also seems intent on showing users that AI can inherently make their experience of his apps vastly better.
Persons: , Zuckerberg, It's, Mike Proulx, Forrester, WhatsApp, Susan Li Organizations: Service, Harvard, Business, Meta, Facebook, Apple, Apple Intelligence, OpenAI
Read previewAmazon's One Medical team has discussed building a new large language model called "DoctorAI" to automate routine healthcare tasks, according to an internal planning document obtained by Business Insider. In one section, the One Medical team discusses their most disruptive ideas, and this is where the new AI tool was proposed. Big foundation models are often used as a starting point to develop more focused, specialized AI models and tools. "We do not use our customers' protected health information to train our current health AI models, and to imply we do would be incorrect." It also hoped to handle 87,000 customer service contacts in 2024 through "additional self-service content and the AI healthcare assistant service," the document stated.
Persons: , Andy Jassy, Rohit Prasad, Sunita Mishra Organizations: Service, Business, Amazon Pharmacy, Olympus, Microsoft, Google, Amazon, Amazon Web Services
Analysts on Wall Street think Microsoft's postearnings pullback is a buying opportunity. Shares of the technology company dipped 1% after Microsoft's disappointing cloud revenue obscured stronger-than-expected overall results for the fiscal fourth quarter. Microsoft's Intelligent Cloud segment raked in $28.52 billion in revenue last quarter, while analysts polled by LSEG expected $28.68 billion. Take a look at what some analysts around the Street said after Microsoft released its results. Goldman Sachs Analyst Kash Rangan maintained a buy rating on Microsoft and reiterated his $515 per share price target.
Persons: LSEG, Goldman Sachs, Kash Rangan, Mark Murphy, Murphy, Michael Turrin, Turrin Organizations: Microsoft, JPMorgan, JPMorgan Chase Locations: FQ4, 1H
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD CEO Lisa Su on Q2 earnings beat: Very excited about the traction that we're seeingAMD CEO Lisa Su joins 'Squawk on the Street' to discuss the company's quarterly earnings results, data center roadmap, PC demand, raising guidance on AI adoption, state of AI competition, and more.
Persons: Lisa Su
Total: 25