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It also touted a new version of its AI model called GPT-4 with vision, or GPT-4V, that enables the chatbot to analyze images. ChatGPT has more than 100 million weekly active users and 2 million developers, spread “entirely by word of mouth," Altman said. The conference comes a week after President Joe Biden signed an executive order that will set some of the first U.S. guardrails on AI technology. The order built on voluntary commitments set by the White House that leading AI developers made earlier this year. OpenAI also faces competition from developers of so-called open source models that publicly release their code and other aspects of the system for free.

Persons: ChatGPT, you’ll, ”, Sam Altman, Altman, Alyssa Hwang, Hwang, ” Hwang, OpenAI, DevDay, Joe Biden, Satya Nadella, Nadella, ” Altman, Microsoft's Bing, Bard, Claude, Tesla, Elon Musk, Musk, “ Elon's, Arun Chandrasekaran, Chandrasekaran, Goldman Sachs, — — O'Brien, — Organizations: FRANCISCO, Apple, Honda, University of Pennsylvania, Microsoft, Google, White, Twitter, ”, Associated Press Locations: OpenAI's, San Francisco, U.S, Providence , Rhode Island

☆ The Israel-Hamas war threatens to derail Middle Eastern investment in US media and entertainment
▼ + stars: | 2023-11-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Still, the US presence highlighted the deepening ties between Hollywood and the region , as Western media, entertainment, and sports entities have seen major investment in recent years from Saudi, Qatar, and the UAE. Even before October 7, US entities that were receiving investment from the Middle East were reluctant to speak publicly about those relationships. Insider spoke with investors, producers, and other media and entertainment stakeholders about what's next for Hollywood's relationships with Mideast backers. Qatar hasn't seen any recent major deals but earlier this year, Peter Chernin and Providence Equity's production roll-up The North Road received $150 million from the Qatar Investment Authority. "The political nature gets more complicated," an industry insider observer said, noting how countries like Qatar are grabbing headlines for their role in the situation.

Persons: haven't, Jamal Khashoggi, Israel, it's, Knaebel, They're, Greg Silverman's, Silverman, Harry Potter, Chris Nolan's, Abu Dhabi's, Ari Emanuel, Peter Chernin, Jeff Zucker, LIV Golf Organizations: Film, Washington Post, Hollywood, Global Media, Saudi, Stampede Ventures, Warner Bros, Endeavor, Qatar hasn't, Providence, North, Qatar Investment Authority, IMI, CNN, Investment Fund, PGA Locations: Saudi Arabia, American, Jeddah, Saudi, Qatar, UAE, Gaza, Israel, Germany, Silver

In total, the cancellations equate to nearly one-fifth of President Joe Biden’s goal of 30 gigawatts of offshore wind power by 2030. Despite the setbacks, offshore wind continues to move forward, the White House said, citing recent investments by New York state and approval by the Interior Department of the nation’s largest planned offshore wind farm in Virginia. Hardy spoke at the American Clean Power industry group’s offshore wind conference in Boston last month on a panel with Morris. Phil Murphy, has established increasingly stringent clean energy goals, moving from 100% clean energy by 2050 to 100% by 2035. “Offshore wind is a lot bigger than Ørsted.”The first U.S. commercial-scale offshore wind farms are currently under construction: Vineyard Wind off Massachusetts and South Fork Wind off Rhode Island and New York.

Persons: jeopardizing, Ørsted, Joe Biden’s, Biden, Timothy Fox, “, Molly Morris, David Hardy, Hardy, Morris, “ We’re, ”, Walt Musial, Musial, Conor Bambrick, Phil Murphy, Murphy, Catherine Klinger, Catherine Bowes, ″ Bowes, Michael Brown, ” ___ McDermott Organizations: WASHINGTON, Biden, Interior Department, Interior’s Bureau of Ocean Energy Management, Industry, ClearView Energy Partners, Ørsted, American Clean, National Renewable Energy Laboratory, Energy Department, P, Environmental, ., Democratic Gov, New, U.S, Offshore, Ocean, ___, AP Locations: New Jersey, U.S, Danish, New England, Massachusetts, Connecticut, New York, Virginia, Interior’s, Gulf of Mexico, East Coast, Washington, Norwegian, Jersey, United States, Boston, Europe, Virginia Beach, Rhode Island, . New Jersey, Rhode, North America, Providence , Rhode Island, Hill, Albany , New York, Catalini, Trenton , New Jersey

He taught (“The best leaders overcommunicate” and “Always keep score; there’s always a winner and loser in life”). They made a substantial, substantial investment in me and my family, to combine with them and try to resurrect Georgetown basketball,” said Cooley, whose first regular-season game is Nov. 7 against visiting Le Moyne. I’ve seen the lows,” said Cooley, who went to seven NCAA Tournaments in 12 seasons at Providence. “There’s not an organization — maybe outside of Kansas — that didn’t go through a change, a downfall, a dip. But I think we will improve.”___Get poll alerts and updates on the AP Top 25 Basketball Polls throughout the season.

Persons: Ed Cooley, John R, Thompson Jr, “ Let’s, ”, Cooley, Providence —, We’re, overcommunicate ”, “, there’s, Ivan Thomas, Uncle Ed, Patrick Ewing, Thompson, Ewing, It’s, Le Moyne, “ I’ve, I’ve, “ There’s, it’s, ’ It’s, “ I’m, I’m, ” Cooley, Georgetown, Ismael Massoud, LaDontae Henton, ” Thomas, Thomas, you’ll, Coach Cooley, he’s, ” Massoud, John III, ” “ We’re, Jay Heath, “ We’ve, we’ve, “ It’s, ___ Organizations: WASHINGTON, —, Georgetown, Intercollegiate Athletic Center, Big East, Providence, Associated Press, Hoyas, NCAA, ’, Kansas State, Cooley, Arizona State, AP Locations: Hoya, Georgetown, Kansas, Washington , Maryland, Virginia, Providence, Washington, Arizona

☆ A Glamorous Resort for the 1%—and How to Get Its Posh, Tropical Look at Home
▼ + stars: | 2023-10-28 | by ( Christina Poletto | ) www.wsj.com time to read: 1 min

In My Favorite Room, an interior designer or architect singles out a historic room they admire, which we deconstruct and, with the design pro’s guidance, translate into advice on emulating the look. IN THE LATE 1950s, Canadian tycoon, investor and philanthropist E.P. Taylor set out to conjure a resort from the mangrove swamps and dirt roads along the coast of New Providence island in the Bahamas. His vision: an exclusive island playground where well-heeled elites could swing irons, yacht-hop and hobnob the night away. The plan worked.

Persons: E.P, Taylor, Henry Ford II, Sean Connery Locations: New Providence, Bahamas

NEW YORK (AP) — The already-alarming proliferation of child sexual abuse images on the internet could become much worse if something is not done to put controls on artificial intelligence tools that generate deepfake photos, a watchdog agency warned on Tuesday. In a written report, The U.K.-based Internet Watch Foundation urges governments and technology providers to act quickly before a flood of AI-generated images of child sexual abuse overwhelms law enforcement investigators and vastly expands the pool of potential victims. If it isn’t stopped, the flood of deepfake child sexual abuse images could bog investigators down trying to rescue children who turn out to be virtual characters. “That is just incredibly shocking.”Sexton said his charity organization, which is focused on combating online child sexual abuse, first began fielding reports about abusive AI-generated imagery earlier this year. It particularly targets the European Union, where there's a debate over surveillance measures that could automatically scan messaging apps for suspected images of child sexual abuse even if the images are not previously known to law enforcement.

Persons: “ We're, ”, Dan Sexton, ’, isn’t, Sexton, who’ve, “, ” Sexton, they're, David Thiel, Kamala Harris, Susie Hargreaves, ” ___ O'Brien, Barbara Ortutay, Kim Organizations: Internet Watch Foundation, Court, IWF, European Union, Technology, Stanford Internet Observatory, U.S, Associated Press Locations: South Korea, Busan, Spain, London, Providence , Rhode Island, Oakland , California, Seoul

☆ 9 investors betting millions on the rebound in live events and entertainment
▼ + stars: | 2023-10-20 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

"Live events are having a moment as consumers want to get out and about," said John Harrison, Americas Media & Entertainment lead at EY. But over the past few years, established and upstart investors have seized the opportunity to capitalize on live events spending, which is outpacing media and entertainment spending overall. PWC projects live events revenue hitting $68.7 billion in 2024, up from $66.6 billion in 2019.Insider identified nine firms, listed alphabetically, that are making significant investments in live entertainment-related companies. It most recently led a $65 million round in Dice, an events discovery and ticketing platform for live events like comedy and drag cabaret. Courtesy of Shamrock CapitalThe Los Angeles-based investment firm has a long history of backing media, entertainment, and communications businesses.

Persons: Taylor Swift, hasn't, Tait, Scott Marimow, John Harrison, there's, Harrison, Coldplay, PEHub, Bluestone Equity Partners Bobby Sharma, Michael Weschler, Bobby Sharma, Bluestone, Juggernaut, Eric Kuhn, Tre, Scott, Matt Pincus, Pincus, Marimow, Shamrock Capital Andrew Howard, Marc Geiger, Alan Waxman's Organizations: Providence Equity Partners, Yankee, Wembley, Bluestone Equity Partners, Providence, Americas Media, Entertainment, Fourier, NBA, PMY, SoFi, New York's Citi, RWS, Apple, Holland America, Capital Partners, Street Journal, Folk Media Group, CBS, Microsoft, Folk Productions, Quest Entertainment, MUSIC, Liontree, JS Capital Management, Investments, Providence Equity Partners Providence Equity Partners, Theatre Group, Shamrock Capital, Sixth, Spain's, San Antonio Spurs, New York Yankees, Dallas Cowboys, Sixth Street Locations: Americas, Paris, Europe, Asia, Vegas, Fiume, Wilmington , Mass, Devon , Pennsylvania, Miami , Florida, North America, Providence, US, Germany, Los Angeles, SaveLive, Spain's Real Madrid, Real Madrid's

Those beliefs are known to have caused medical providers to rate Black patients’ pain lower, misdiagnose health concerns and recommend less relief. “I believe technology can really provide shared prosperity and I believe it can help to close the gaps we have in health care delivery,” Omiye said. In 2019, for example, academic researchers revealed that a large hospital in the United States was employing an algorithm that systematically privileged white patients over Black patients. It was later revealed the same algorithm was being used to predict the health care needs of 70 million patients nationwide. In June, another study found racial bias built into commonly used computer software to test lung function was likely leading to fewer Black patients getting care for breathing problems.

Persons: Google’s Bard, Anthropic’s Claude —, ”, Stanford University’s Dr, Roxana Daneshjou, ” Daneshjou, “ It's, Tofunmi Omiye, “, ” Omiye, Bard, Beth Israel, Adam Rodman, Rodman, Dr, John Halamka, “ ChatGPT, MedPaLM, Mayo, ” Halamka, Halamka, Stanford, Jenna Lester, ” ___ O'Brien Organizations: FRANCISCO, Stanford School of Medicine, Digital Medicine, Associated Press, Google, Beth Israel Deaconess Medical, American Medical Association, Stanford, Nationwide, Health, Mayo Clinic, Mayo Clinic Platform's, Microsoft, University of California Locations: Boston, United States, Minnesota, Mayo, San Francisco, Providence , Rhode Island

Abdul-Jabbar spent five seasons as the league’s oldest player. ALL-STAR LEVELThe “oldest player” in an NBA season has been picked for the All-Star Game on 13 previous occasions. Stockton turned 41 that season; he spent two years as the league’s oldest player and missed zero games in that span. NUMBER 43James will become the 43rd player in NBA history to hold the distinction of being the league’s "oldest player." Robert Parish was the league’s oldest player for seven seasons, the most in NBA history.

Persons: LeBron James, He’s, James, —, Udonis Haslem, Andre Iguodala, James wasn't, Darko Milicic, Milicic, KAREEM —, Kareem Abdul, Jabbar, Abdul, ”, Karl Malone, Michael Jordan, Nobody, Vince Carter, Dirk Nowitzki, Carter, Nowitzki, — Moses Malone, Kevin Garnett, Kevin Willis, Robert Parish, John Havlicek, Larry Costello, Slater Martin, Bobby Wanzer, Johnny Green, Parish, It’s, John Stockton, Stockton, Shaquille O’Neal, Mike Novak’s, Paul Silas, James ’, Bob Cousy, Nat Hickey —, Elvin Hayes, Dikembe Mutombo, Al Cervi, Dolph Schayes, Andre Miller, Silas, Cousy, Hickey, Lenny Wilkens, Grant Hill, Steve Nash, Dale Ellis, Sam Perkins, — James, ___ Organizations: NBA, Utah, Cleveland, Providence Steamrollers Locations: Akron

☆ Appeasing Iran Has Failed
▼ + stars: | 2023-10-18 | by ( Walter Russell Mead | ) www.wsj.com time to read: 1 min

Walter Russell Mead is the Ravenel B. Curry III Distinguished Fellow in Strategy and Statesmanship at Hudson Institute, the Global View Columnist at The Wall Street Journal and the James Clarke Chace Professor of Foreign Affairs and Humanities at Bard College in New York. He is also a member of Aspen Institute Italy and board member of Aspenia. Before joining Hudson, Mr. Mead was a fellow at the Council on Foreign Relations as the Henry A. Kissinger Senior Fellow for U.S. Foreign Policy. He has authored numerous books, including the widely-recognized Special Providence: American Foreign Policy and How It Changed the World (Alfred A. Knopf, 2004). Mr. Mead’s next book is entitled The Arc of A Covenant: The United States, Israel, and the Future of the Jewish People.

Persons: Walter Russell Mead, Curry, James Clarke Chace, Mead, Henry A, Alfred A ., Mead’s Organizations: Hudson Institute, Wall Street Journal, Foreign Affairs, Humanities, Bard College, Aspen Institute, Hudson, Council, Foreign Relations, Kissinger, U.S . Foreign, Providence, Alfred A . Knopf, Jewish People Locations: New York, Aspen Institute Italy, United States, Israel

☆ A Middle East Wake-Up Call
▼ + stars: | 2023-10-16 | by ( Walter Russell Mead | ) www.wsj.com time to read: 1 min

Plus, it will be “productive for the gaming industry as a whole and healthy for competition in the gaming market,” he said. In the meantime, the U.K. regulator was the last major obstacle to the transaction going through. British regulators had initially blocked the transaction over concerns Microsoft could withhold Activision titles from the cloud gaming market. One factor was the EU’s approval, granted after Microsoft promised to automatically license Activision titles royalty-free to cloud gaming platforms. But the CMA's flip-flopping makes the U.K. regulator look “weak and indecisive,” he said.

Persons: Activision Blizzard, Candy, Overwatch —, Brad Smith, Bobby Kotick, Joshua Chapman, ”, Sarah Cardell, Max von Thun, ” von Thun, Matt O’Brien Organizations: —, Activision, Markets, Microsoft, Xbox, Union, Sony, U.S . Federal Trade Commission, FTC, Ubisoft Entertainment, U.K, PlayStation, European Commission, Open Markets, CMA, AP Locations: Konvoy, U.K, Europe, Providence , Rhode Island

☆ Inside Sam Bankman-Fried's $35 million crypto frat house in the Bahamas
▼ + stars: | 2023-10-10 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +11 min

Lawyers for the U.S. Attorney's office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. Lawyers for the U.S. Attorney's office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. Lawyers for the U.S. Attorney's office entered into evidence photos featuring Sam Bankman-Fried and his fellow co-workers at their shared $35 million Bahamian penthouse. In his testimony, Yedidia recalled a group Signal thread labeled "People of the House," which referred to Bankman-Fried's $35 million penthouse. Zoom In Icon Arrows pointing outwards Exhibit from the prosecution shows Signal thread called "People of the House," referring to Bankman-Fried's $35 million penthouse, where many employees lived.

Persons: Sam Bankman, Fried, Gary Wang, Adam Yedidia, Caroline Ellison, She's, somethings, Lewis Kaplan, Yedidia, it's, Ryan Salame, Joseph Bankman, Barbara Fried, Bankman, John Ray, Ray, Tiger Woods, Justin Timberlake, Michael Lewis, Lewis, napping, Mark Cohen, FTX, Ellison, hadn't Organizations: U.S, Southern, of, Lawyers, Alameda Research, Massachusetts Institute of Technology, MIT, SDNY, Bankman, Alameda, New Providence, FTX, Enron, Capitol, Prosecutors Locations: Bahamas, Manhattan, He's, of New York, Bankman, FTX, Alameda, Hong Kong, Caribbean, New Providence, New, U.S, Albany, oceanside

☆ The 11 major U.S. cities where home prices have risen the most—No. 1 isn't New York or San Francisco
▼ + stars: | 2023-10-10 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

Home prices continue to increase in most major U.S. cities, even as rising mortgage costs have discouraged buyers, a Realtor.com report finds. The price gains are most felt in Greater Los Angeles, where home prices increased 23.8% over the 12 months ending in September 2023, according to Realtor.com data released Thursday. California has a longstanding housing shortage — perhaps the worst in the country — so home price growth in L.A. and San Diego isn't overly surprising, especially considering price gains in recent years. Median home prices in L.A. and San Diego have increased by 38% and 48% since January 2020, respectively, based on Realtor.com's active listings data. As for some smaller markets with big price gains — such as Richmond, Cincinnati, Columbus and Rochester — the "commonality is that they're relatively affordable, so demand remains relatively high," says Hale.

Persons: Danielle Hale, Diego isn't, Hale Organizations: Richmond, Boston, Pittsburgh, CNBC, Diego, Homes Locations: U.S, Greater Los Angeles, San Antonio, Los Angeles, Diego, Cincinnati , Ohio, Providence , Rhode Island, Massachusetts, Columbus , Ohio, Rochester , New York, Chicago, Indianapolis, Realtor.com . California, L.A, San Diego, Richmond, Cincinnati, Columbus, Rochester

Before it all collapsed last fall, the cryptocurrency mogul Sam Bankman-Fried was at the center of a global business empire. The 31-year-old mogul started his first company in the San Francisco Bay Area, before moving to Hong Kong and then to the Bahamas, where his FTX cryptocurrency exchange was based until it filed for bankruptcy in November. Along the way, Mr. Bankman-Fried left his mark on luxury homes in Washington and on the Bahamian island of New Providence, and splashed FTX’s logo on a basketball arena in Miami. Mr. Bankman-Fried is now on trial in federal court in Manhattan, where he faces seven counts of wire fraud, securities fraud and money laundering.

Persons: Sam Bankman, Fried Organizations: San Francisco Bay Area Locations: San Francisco Bay, Hong Kong, Bahamas, Washington, New Providence, Miami, Manhattan

☆ Head lice: What is it and what is the best treatment to get rid of it
▼ + stars: | 2023-10-04 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +7 min

“I wanted to burn my house down.”Any parent dealing with head lice can probably relate to this situation. Head lice have unfortunately become a part of raising children today, said Deborah Altschuler, president of the National Pediculosis Association. Lauren Salzberg (R), also known as Lice-Lady, treats a customer for head lice in her studio, a converted garage, in Potomac, Maryland, in November 2015. Head lice are most common among young children — 6 million to 12 million lice outbreaks occur yearly in children between 3 and 11 in the US — though adults are vulnerable to head lice as well. The best way to check if a child has lice is with a lice comb, Altschuler said.

Persons: CNN — Marianne, Marianne didn’t, Anna, Marianne, ”, “, Deborah Altschuler, Lauren Salzberg, Andrea Barthelemy, Danelle Fisher, Altschuler, Fisher, You’re, it’s, ” Fisher, You’ll, Jocelyn Solis, Moreira Organizations: CNN, National Pediculosis Association, ZUMA Press, Providence St, Health, US Centers for Disease Control Locations: Potomac , Maryland, Brazil, California, New York

☆ Governors, Biden administration push to quadruple efficient heating, AC units by 2030
▼ + stars: | 2023-09-21 | by ( ) www.cnbc.com time to read: +5 min

Climate Alliance and the Biden administration are expected to announce a pledge Thursday to quadruple the number of heat pumps in U.S. homes by 2030, from 4.7 million to 20 million. Heat pumps use little electricity, yet are able to heat and cool buildings. Buildings account for more than 30% of global greenhouse gas emissions. The pledge on heat pumps is a collection of state initiatives to work toward the goal of ramping down emissions to zero by 2050. Alliance governors have pledged to collectively reduce their greenhouse gas emissions by at least 26% by 2025 and at least 50% by 2030, compared to 2005 emission levels.

Persons: Biden, Washington Governor Jay Inslee, Stephen Porder, Amanda Smith, we've, Janet Mills, Ali Zaidi Zaidi, Kathy Hochul, Alexandra Rempel Organizations: U.S . Climate Alliance, Washington Governor, Brown University, U.S, Heat, International Energy Agency, New, University of Oregon Locations: Brooklyn, New York City, U.S, Pennsylvania, Providence , Rhode Island, Maine, Washington , New York, California, Paris

Persons: Biden, Jay Inslee, Stephen Porder, ”, Amanda Smith, we’ve, Janet Mills, “, Ali Zaidi Zaidi, Kathy Hochul, Alexandra Rempel Organizations: U.S . Climate Alliance, Washington, Brown University, U.S, Heat, International Energy Agency, “, New, University of Oregon, AP Locations: U.S, Pennsylvania, Providence , Rhode Island, Maine, Washington , New York, California, Paris

☆ Ford avoids Canadian auto strike with Unifor union deal
▼ + stars: | 2023-09-20 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Lana Payne speaks to delegates after being elected as president of UNIFOR, Canada's largest private sector union, at the Metro Toronto Convention Centre on Aug. 10, 2022. The Canadian tentative agreement was reached on day five of the United Auto Workers union initiating targeted strikes against Ford and its crosstown rivals General Motors and Chrysler-parent Stellantis . DETROIT – Ford Motor avoided having to face labor strikes on both sides of the U.S.-Canada border Tuesday night, as the automaker and Canadian union Unifor announced a tentative deal covering 5,600 autoworkers in the country's Ontario providence. Unifor, which represents 18,000 Canadian workers at the Detroit automakers, took a more traditional approach to its negotiations than its U.S. counterpart did. The Canadian union picked Ford as its "target" company instead of following the UAW's new strategy of bargaining with all three automakers.

Persons: Lana Payne, UNIFOR, Unifor, Ford, Shawn Fain Organizations: Metro Toronto Convention, Plant, Ford Edge, Lincoln Nautilus, Ford, United Auto Workers, General Motors, Chrysler, Detroit, Ford Motor, U.S ., Detroit automakers, U.S, GM, UAW Locations: Oakville, Unifor, DETROIT, U.S, Canada, Ontario, autoworkers, Wentzville , Missouri, Wayne , Michigan, Toledo , Ohio

(AP) — Hurricane Lee looks poised to wallop New England later this week even as the region still deals with the impact of days of wild weather that produced torrential rain, flooding, sinkholes and a likely tornado. Areas from Watch Hill, Rhode Island, to Stonington, Maine — including Block Island, Martha’s Vineyard and Nantucket — are under a tropical storm watch. The National Weather Service in Boston said radar data and videos showed it was likely that a tornado damaged trees and power lines in Rhode Island and Connecticut on Wednesday. Heavy rain turned his swimming pool into a mud pit and filled his basement with 3 feet (91 centimeters) of water. In Providence, Rhode Island, downpours flooded a parking lot and parts of a shopping mall.

Persons: Hurricane Lee, Dan McKee, “, ” McKee, Sean Pope, ”, Maura Healey, Matthew Belk, Healey, Hurricane Lee didn’t, Dean Mazzarella, Mazarella Organizations: U.S ., National Hurricane Center, Cape, National Weather Service, Rhode, Gov, Massachusetts Gov, Firefighters Locations: LEOMINSTER, Mass, Hurricane, wallop New England, Stonington , Maine, U.S, Watch Hill, Rhode Island, Nantucket, Massachusetts, Rhode, Boston, Rhode Island and Connecticut, Lincoln , Rhode Island, Attleborough , Massachusetts, Leominster , Massachusetts, Providence , Rhode Island, Leominster, Danbury , Connecticut, Nova Scotia, Canada, England, Vermont

But he’s hoping that they will give senators some realistic direction as he tries to do what Congress hasn't done for many years — pass meaningful regulation of the tech industry. “It’s going to be a fascinating group because they have different points of view,” Schumer said in an interview with The Associated Press ahead of the forum. Many members of Congress agree that legislation will probably be needed in response to the quick escalation of artificial intelligence tools in government, business and daily life. In the United States, most major tech companies have expressed support for AI regulations, though they don’t necessarily agree on what that means. Blumenthal’s framework calls for a new “licensing regime” that would require tech companies to seek licenses for high-risk AI systems.

Persons: Chuck Schumer, Meta’s Mark Zuckerberg, Elon Musk, Bill Gates, Schumer, Republican Sen, Mike Rounds, “ It’s, ” Schumer, ” Rounds, “, ”, Mark Warner, Democratic Sen, Martin Heinrich of, Todd Young, Indiana —, Sam Altman, Forrester, Sen, Young, ” Young, “ We’ve, Dana Rao, We’ve, Richard Blumenthal, Conn, Josh Hawley, ” Blumenthal, ___ O'Brien, Ali Swenson, Kelvin Chan Organizations: WASHINGTON, Capitol, Microsoft, Republican, Associated Press, AP, Democratic, European Union, Adobe Locations: South Dakota, Martin Heinrich of New Mexico, Indiana, U.S, United States, Europe, Josh Hawley of Missouri, Providence , Rhode Island, New York, London

DES MOINES, Iowa (AP) — The cost of building an artificial intelligence product like ChatGPT can be hard to measure. To keep it cool on hot days, data centers need to pump in water — often to a cooling tower outside its warehouse-sized buildings. The estimate includes indirect water usage that the companies don’t measure — such as to cool power plants that supply the data centers with electricity. It was also thirsty in Iowa, drawing more potable water to its Council Bluffs data centers than anywhere else. Its fourth and fifth data centers are due to open there later this year.

Persons: “, OpenAI, ”, Shaolei Ren, ChatGPT, ” Ren, you’re, Ren, Steve Gaer, Gaer, Brad Smith, ” Smith, —, O'Brien Organizations: DES, Microsoft, Google, University of California, Las, Associated Press, workloads, supercomputing, West, West Des Moines Water Works Locations: DES MOINES, Iowa, Des Moines, Riverside, Oregon, Las Vegas, San Francisco, West Des Moines , Iowa, California, West Des Moines, Arizona, West Des, Providence , Rhode Island

☆ How much is Hulu worth? As Disney gears up to buy Comcast's share of the streamer, analysts say Bob Iger may have to pay a hefty price.
▼ + stars: | 2023-09-05 | by ( James Faris | ) www.businessinsider.com time to read: +10 min

When it comes to Hulu, value is in the eye of the holder. However, Comcast claims Hulu is worth double what Disney is saying, according to Bloomberg — even in a tough media environment. "It's what would a willing buyer in a robust auction pay," Roberts said of Hulu's valuation at a MoffettNathanson conference in May. Another way to value Hulu is by comparing its EV-to-subscriber ratio with that of Netflix. By buying all of Hulu, Disney can position itself for the next big trend in media, Noell said.

Persons: Bob Iger, Bloomberg —, Peacock, Brian Roberts, Roberts, financials, maven, Hulu, Tim Nollen, Netflix's, Nollen, Iger, Matthew Thornton, who's bullish, Barton Crockett, Crockett, Brandon Nispel, Nispel, Jason Bazinet, Bazinet, Davis Noell, Noell Organizations: Disney, Comcast, Hulu, Bloomberg, Wall Street, Macquarie, Netflix, Rosenblatt Securities, Citigroup, Star Wars, Marvel, Providence Equity Partners Locations: Hulu

☆ Exclusive: Deputy Treasury chief Adeyemo says US well-prepared to weather China headwinds
▼ + stars: | 2023-08-24 | by ( David Lawder | ) www.reuters.com time to read: +2 min

Adeyemo told Reuters during a visit to the Chickahominy Tribe in southeastern Virginia that the Treasury is closely monitoring economic developments in China, where growth is faltering amid a worsening property slump, weak consumer spending and tumbling credit growth. "You're seeing the Chinese economy demonstrate weakness that has global implications. Because of the decisions we've made, we're probably best prepared to deal with the headwinds that this has created," Adeyemo said, referring to the United States. These investments will help the U.S. economy overcome the headwinds created by slower growth and demand in China, the world's second-largest economy, he said. "We're going to continue to monitor what's happening there, but our goal really is to make sure that we take the steps here to make sure the American economy can grow despite the headwinds," Adeyemo said.

Persons: Wally Adeyemo, Adeyemo, we've, we're, David Lawder, Jonathan Oatis Organizations: ., Reuters, Treasury, COVID, U.S, Thomson Locations: PROVIDENCE FORGE , Virginia, U.S, Chickahominy, Virginia, China, United States, Asia, Beijing

At least four people were dead, including a gunman, and six others were injured after a man believed to have been a retired law enforcement officer opened fire at a popular biker bar in Southern California on Wednesday evening as a crowd gathered for a rock music show and spaghetti night, the authorities said. The shooting occurred at about 7 p.m. at Cook’s Corner, a bar in Trabuco Canyon, a rural community in eastern Orange County, Jeff Hallock, undersheriff at the Orange County Sheriff’s Department, said. The injured were taken to Providence Mission Hospital in Mission Viejo, Calif. Two of the patients were in critical condition, and four were in stable condition, the hospital said. Undersheriff Hallock said the shooting erupted in front of as many as 40 people. He called the incident “an absolute tragic event.”

Persons: Jeff Hallock, undersheriff, Undersheriff Hallock, ” Organizations: Orange County Sheriff’s Department, Providence Mission Hospital Locations: Southern California, Trabuco, Orange County, Orange, Providence, Mission Viejo, Calif

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