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☆ AI drive-thru ordering is on the rise — but it may take years to iron out its flaws
▼ + stars: | 2024-07-03 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

The drive-thru menu at a McDonald's restaurant showing various meal options and promotions, in Buttonwillow in Kern County, California, on 23, 2024. This year, 16% of restaurant operators plan to invest in artificial intelligence, including voice recognition, according to a survey from the National Restaurant Association. Then Covid came, which not only accelerated labor costs but also led to a shift away from dining rooms and toward drive-thru lanes. Then there's Presto Automation , the AI drive-thru technology company which disclosed last year in Securities and Exchange Commission filings that it uses "human agents" in places like the Philippines and India to complete orders. This time, McDonald's likely won't be the first mover.

Persons: Covid, McDonald's, Gee Lefevre, T.D, Cowen, Andrew Charles, That's, Uber, Charles Organizations: National Restaurant Association, IBM, Securities, Exchange Commission, Presto Locations: Buttonwillow, Kern County , California, Philippines, India

☆ Google’s greenhouse gas emissions are soaring thanks to AI
▼ + stars: | 2024-07-03 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

AI systems need lots of computers to make them work. The end result has been that Google’s greenhouse gas emissions have soared 48% since 2019, according to the tech giant’s annual environment report. An October study from Dutch researcher Alex de Vries estimated that the “worst-case scenario” suggests Google’s AI systems could eventually consume as much electricity as the country of Ireland each year, assuming a full-scale adoption of AI in their current hardware and software. It added that data center electricity consumption is currently growing faster than it can bring carbon-free electricity sources online. The company has also used AI to suggest more fuel-efficient routes to drivers using Google Maps.

Persons: —, Sundar Pichai, Alex de Vries Organizations: New, New York CNN, Google, Big Tech, International Energy Agency Locations: New York, Ireland

☆ Google's ambitious plan to replace tracking cookies is going from bad to worse
▼ + stars: | 2024-07-02 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Several adtech companies have been in deep testing mode with Google's Privacy Sandbox for several months, since Chrome turned off third-party tracking cookies for 1% of its users. Criteo, a demand-side platform that helps advertisers place their ads, was also a Privacy Sandbox grant participant. Criteo forecast that if cookies were switched off now, publishers' Chrome ad revenue would decline by about 60% on average. AdvertisementStill, he added, the Privacy Sandbox already seems to be working better than a completely cookieless environment, "which is promising for an early-stage technology." To be sure, the Privacy Sandbox isn't the only alternative to the advertising ecosystem once cookies are discontinued.

Persons: —, they've, Chrome, Criteo, Todd Parsons, Criteo's, Anthony Katsur, Katsur, It's, James Colborn, Michael Lamb, RTB Organizations: Service, Google, Business, Exchange, IAB Tech Lab, IAB Tech, Chrome, Tech, CMA Locations: CPMs

"We see softness in data — permits, starts, sales and prices all recently below expectations — potentially continuing in 2H," the analyst wrote. The bank initiated the health care tech stock with an overweight rating and a December 2025 price target of $24. "Waystar is a vertical, cloud-based software company focused on automating, digitizing, and enhancing revenue cycle management functions," wrote analyst Anne Samuel. Analyst Daniel Politzer reiterated his overweight rating on the casino and resort stock but lowered his price target to $58 from $60. The analyst wrote that he sees "the current valuation as an attractive entry point into what we view as one of the most durable companies in our coverage."

Persons: Piper Sandler, Mizuho, Piper Sandler downgrades CrowdStrike Piper Sandler, Rob Owens, Owens, CrowdStrike, Lisa Kailai Han, downgrades Goldman, Jim Mitchell, Goldman Sachs, Mitchell, Goldman, — Jesse Pound, Brandt Montour, Montour, VIK, — Hakyung Kim, Anthony Pettinari, Pettinari, — Lisa Kailai Han, Guggenheim, Tesla, Ronald Jewsikow, Keith Gill, Gill, he's, Kitty, Musk, Jewsikow, Waystar, Anne Samuel, Samuels, Jessica Reif Ehrlich, Ehrlich, Wells, Daniel Politzer, Politzer, GGR, WYNN est's, —, Mizuho Mizuho, James Lee, Lee, Fred Imbert Organizations: CNBC, Seaport, of America, downgrades Goldman Sachs Seaport Research, Bank of America, Barclays, Viking Holdings, American Baby Boomers, Citi, Federal, Securities and Exchange Commission, JPMorgan, Nasdaq, Spotify, Spotify Technology, Las Vegas, Vegas, Macau GGR, Intelligence, Amazon Locations: Amazon, SIEM, Lennar, 2H, Chewy, Europe, China, Las, Las Vegas Sands, Macau, Bay Sands, Singapore, Atlassian, Monday's

Tightness in labor markets is boosting the use case of robotics, Morgan Stanley says, predicting a boom in humanoids — or robots in human form. "Advancements in AI are transforming the robotics industry," Morgan Stanley analysts said in a June 26 report called: "Humanoids: Investment Implications of Embodied AI." The bank forecasts a humanoid population of 40,000 by 2030, 8 million by 2040 and 63 million by 2050. Morgan Stanley is not alone in its bullish stance on humanoids. Still, Morgan Stanley outlined a number of sectors set to potentially benefit from humanoids, with social care likely to be the largest total addressable market.

Persons: Morgan Stanley, it's, Elon Musk, Morgan Stanley's, —, Michael Bloom, Lora Kolodny Organizations: Labor, Morgan Locations: China, United States, Asia, Europe

☆ What is Canada Day and how is it celebrated? The answer is more complicated than some might think
▼ + stars: | 2024-07-01 | by ( Karla Cripps | ) edition.cnn.com time to read: +7 min

Meanwhile, the July 1 holiday to commemorate Canada’s Confederation became official in 1879, and was originally called Dominion Day. The late Queen Elizabeth II, seen here joining the Canada Day celebrations in Ottawa in 1997, visited Canada 22 times during her reign. Some early Dominion Day celebrations featured a ‘Dominion Salute’ of one gun for each province. Cole Burston/Getty ImagesIt wasn’t until 1982 that Dominion Day officially became Canada Day. For more information on the event, visit the official Canada Day website.

Persons: Matthew Hayday, don’t, ”, Hill, Mark Horton, Forrest, –, ’ ”, Queen Elizabeth II, Carlo Allegri, “, King, Cole Burston, Hayday Organizations: CNN, Canada, Canadian Forces, Department, Ontario’s Guelph University, Royal Canadian Air Force, Independence, Canada’s, Dominion, British North America, United Province of, “, Archives, Toronto Globe, Globe, Ottawa, of Canada, National Capital Locations: Canada, Vancouver, Toronto, Charlottetown, Ottawa, British, United Province, United Province of Canada, Ontario, Quebec, Brunswick, Nova Scotia, Independence, AFP, Canadian, United States, Union, “, American, ”, LeBreton

☆ Tesla shares to get hit this quarter on lower demand and margins, predicts Wells Fargo
▼ + stars: | 2024-07-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Tesla shares are likely to take a hit in the third quarter as the company's strategy of boosting sales by slashing prices loses steam, according to Wells Fargo. TSLA YTD line Tesla Wells Fargo has an underweight investment opinion on Tesla and a price target of $120 per share, implying nearly 40% downside from Friday's close of $197.88. has plateaued, and Tesla faces aggressive competition in China from companies such as BYD, leaving "little immediate levers to pull to increase volumes," the Wells Fargo analysts said. The research team is also worried about the demand and profit margins for Tesla's smaller, mass-market Model 2. "We are cautious on margins given likelihood of more price cuts & lower volumes," the Wells analysts said.

Persons: Colin Langan, TSLA, Tesla Organizations: U.S . Electric, Wells Locations: Wells Fargo, EU, China, U.S

☆ This electric car battery takes less than 5 minutes to charge
▼ + stars: | 2024-07-01 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +5 min

London CNN —A British startup may have found the answer to one of the frustrations of driving an electric car — waiting around for the battery to charge. That is much faster than the 20 minutes or so it currently takes some electric cars using a fast charger, such as a Tesla (TSLA) Supercharger. Nyobolt’s battery is compatible with a Supercharger, the startup told CNN. “This is many multiples higher than the warranties of much larger EV batteries on the road today,” it noted. In addition, there are currently “a lot of unknowns” with the niobium battery technology, he told CNN.

Persons: London CNN —, ” Nyobolt’s, Sai Shivareddy, “, Clare Grey, Shivareddy, Paul Marchment, Jack Evans, Tesla, ” Shivareddy, Nyobolt, William Kephart, it’s Organizations: London CNN, University of Cambridge, EV, BNP, Blackball Media, CNN, European Union, American, P3 Group Locations: British, Cambridge, United States, Europe, North America

☆ Google invests in BlackRock-backed Taiwanese solar developer to boost energy capacity amid AI boom
▼ + stars: | 2024-07-01 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

The aerial view reveals the mutual benefits of combining solar energy production and agricultural land use. Farmers can lease their land to solar energy developers, diversifying their income streams while maintaining agricultural activities on the remaining areas. Google will partner with BlackRock to develop a 1 gigawatt pipeline of new solar capacity in Taiwan, the U.S. tech giant announced Monday as it seeks to boost energy capacity and cut carbon emissions amid the artificial intelligence boom. The new solar capacity will help power Google's data centers and cloud region in Taiwan, the press release said. Some of the clean energy capacity will also be offered to Google's chip suppliers and manufacturers in the region, it said.

Persons: Amanda Peterson Corio Organizations: BlackRock, Google, New Green Power, Taiwan Renewable Energy Locations: Taiwan, U.S, BlackRock

☆ Failure to meet surging data center energy demand will jeopardize economic growth, utility execs warn
▼ + stars: | 2024-06-30 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

The expected demand from data centers and electric vehicles in the U.S. is equivalent to the entire electricity demand of Turkey, the world's 18th largest economy, according to Rystad. NextEra Energy , parent of Skantze's subsidiary, is the largest power company in the S&P utilities sector by market capitalization and it operates the biggest portfolio of renewable energy assets in the nation. They need this load to drive the next iteration of growth," Skantze told the Reuters Global Energy Transition conference in New York City this week. 'Energy security brings national security'Southern Company , the second-largest utility in the U.S. by market cap, is also seeing a historic wave of electricity demand. "You're also seeing in the Southeast, this incredible population growth and you're seeing all this onshoring with manufacturing."

Persons: Patrick T, Fallon, Surya Hendry, Petter Skantze, Skantze, John Ketchum, Ketchum, Chris Womack, Womack Organizations: Afp, Getty, Rystad Energy, Google, Microsoft, Meta, NextEra Energy Resources, NextEra Energy, Reuters, Energy, NextEra, Southern Company Locations: Los Angeles, U.S, Turkey, New York City, Atlanta, CBRE

☆ I spent $38,000 to take my toy poodle on a private jet to Japan. I want to plan a trip for my other dogs next.
▼ + stars: | 2024-06-30 | by ( Faye Bradley | ) www.businessinsider.com time to read: +7 min

The second trip came with a significantly higher price tag of $38,000. Gladys TsoiOur first trip to Japan included two other poodle friends, while our second trip in April 2024 was a family affair with my parents and brother. For the second trip, we opted for a private jet both ways. Gladys TsoiOur second trip, which took place in April, lasted 8 days and covered 10 prefectures. Our road trip took us through Fukuoka, Oita, Yufuin, Kumamoto, Beppu, Nagasaki, Yanagawa, Sasebo, and Itoshima.

Persons: —, Gladys Tsoi, we'd, splurging, Hershey, Milo, mutt, Mount Fuji, Tsoi, Mount Aso, I'm Organizations: Service, Business, Hong Kong International Airport, Hershey, Japan, Mount, Korean Air, Japan Airlines Locations: Hong Kong, Japan, Malibu, Tokyo, Hakuba, Osaka, Kyoto, Nara, Izu, Seoul, Inumo Shibakoen, Shibuya, Mount Omuro, Kyushu, Fukuoka, Oita, Yufuin, Kumamoto, Beppu, Nagasaki, Yanagawa, Sasebo, Nampuro, Milo

☆ Fertility benefits are a must for attracting millennial talent, even in industries other than tech
▼ + stars: | 2024-06-30 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Read previewGetting access to fertility benefits through your employer used to feel like a luxury reserved for workers at major tech companies. Many companies offer fertility benefits by partnering with providers like Progyny and Carrot, which offer customizable plans. Related storiesOffering great fertility benefits is one way companies can compete for top talent, especially millennials and younger professionals. A recent HR Brew/Harris Poll found that, overall, 63% of respondents thought companies should offer fertility benefits to employees. AdvertisementAnevski expects the number of businesses and industries offering fertility benefits will only increase, especially as top talent comes to expect it as part of a desirable job.

Persons: —, Pete Anevski, it's, Progyny, Anevski, Megan Garner, Carrot, Garner, Fortune, Mercer, Harris, Gen Organizations: Service, Business, Microsoft, Google, Nike, Carrot, Progyny Locations: West Coast

☆ EV sales have hit a speed bump. Using AI to improve their batteries could get more people back in the driving seat.
▼ + stars: | 2024-06-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Chemix is using machine-learning algorithms to develop EV batteries that can charge more quickly, hold more energy, and last longer than current EV power units. Koeller said the primary advantage of using AI to design EV batteries is that it dramatically speeds up the process. Better EV batteriesDesigning EV batteries is a three-step process, Georgia Tech assistant professor Micah Ziegler told BI. The solid-state electrolyte they discovered relies less on lithium, an increasingly rare resource that forms the core of today's EV batteries. Mueller said that PNNL's collaboration with Microsoft has convinced him that generative AI could have applications far beyond speeding up EV battery design.

Persons: —, Jason Koeller, Koeller, Micah Ziegler, Ziegler, Karl Mueller, Mueller, it's Organizations: Service, Business, EV, Georgia Tech, BI, Pacific Northwest National Laboratory, Microsoft Locations: California

☆ Buy these five stocks for 'superior returns,' Bank of America says
▼ + stars: | 2024-06-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Stocks like Nvidia have more room to run, according to Bank of America The Wall Street investment bank recently named several companies that have the potential to generate solid returns. CNBC Pro combed through Bank of America research to find buy-rated stocks that are well positioned to succeed. Viking The luxury cruise company that went public in early May is firing on all cylinders, according to Bank of America. He characterized Viking as, "Sailing away with the luxury cruise market and superior returns." Viking Sailing away with the luxury cruise market and superior returns.

Persons: David Barden, Barden, there's, Barden foresees, Andrew Didora, VIK, Didora, Matt Bullock, Bullock Organizations: Nvidia, Bank of America, Wall, CNBC, Apple, Mobile Bank of America, U.S, Viking, Apple Services Locations: Bank

☆ Composting could be set for U.S. boom, and it needs one, decades behind recycling
▼ + stars: | 2024-06-29 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Some states, municipalities and private-sector companies are pushing to make composting as commonplace as recycling. Yet data from the Environmental Protection Agency shows little residential food waste is composted in the U.S. — 3.7% as of an April 2023 report. These include at-home options, curbside bins, drop-off locations and private valet services that pick up food waste from multi-family homes. Thousands of composting facilities neededFranciosi said his organization has been fielding more calls from municipalities that are interested in composting, but funding challenges remain. Another challenge is the dearth of composting facilities.

Persons: Scott Smithline, Jenny Grant, Frank Franciosi, Stacy Savage, Franciosi, Grant, Lauren Organizations: PepsiCo, Environmental Protection Agency, California Department of Resources Recycling, Zero, Local Locations: U.S, Vermont, California, Europe, REA, New York City, Bronx, Manhattan, Brooklyn, Queens, Staten

☆ An alphabet soup of 'electrified' vehicles awaits new car buyers as EV sales stall
▼ + stars: | 2024-06-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +9 min

A car shopper today has their pick of traditional internal combustion engine (ICE) vehicles; mild-hybrid electric vehicles (MHEVs); hybrid electric vehicles (HEVs); plug-in hybrid electric vehicles (PHEVs); fuel cell electric vehicles (FCEVs) and battery-electric vehicles (BEVs), also commonly known as EVs. Here's a breakdown: Internal combustion engine (ICE): A "traditional" vehicle with an engine that's fueled with gasoline or diesel. Hybrid electric vehicle (HEV): Think of the Toyota Prius, a vehicle that has a hybrid powertrain system combined with an engine. Plug-in hybrid electric vehicle (PHEV) : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery. : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery.

Persons: Paul Waatti, Heather Seymour, Seymour, Stellantis, Waatti, Michael Wayland, Antonio Filosa, Russell Wager, Jérémie Papin, BEV Organizations: DETROIT —, Pacifica, Toyota, CNBC, Motors, Chevrolet, Kia America, EV, Kia, GM, Detroit, GM Energy, Ford Motor, Auto, Nissan, ICE, Toyota Prius Locations: U.S, Stellantis, St, Johns , Florida, Detroit, Japan, South Korea, Germany

☆ AI is everywhere, and businesses don't know where to start. Here's what consultants are telling clients.
▼ + stars: | 2024-06-28 | by ( Lakshmi Varanasi | Tim Paradis | ) www.businessinsider.com time to read: +8 min

Some 900 of PwC's top 1,000 consulting clients are now working with the firm on incorporating AI into their businesses, a spokesperson told Business Insider. Even as some companies focus on how AI might rewrite corporate playbooks, some businesses are asking consultants how to get started. Advertisement"Many CIOs are afraid that they don't have the right skills," he told BI. Where to beginMany companies are still determining how they might use AI and GenAI, according to several consultants. This enables greater seamlessness down the line, and that is where the magic lies," he told BI.

Persons: —, Ben Ellencweig, Allison Bailey, Bailey, Greg Sward, They're, Jim Rowan, Rowan, Vlad Lukic, Roy Singh, Joe Atkinson, Atkinson, Deloitte's Rowan, Bain's Singh, PwC's Atkinson, he's, Singh Organizations: Service, Business, McKinsey & Company, Boston Consulting, KPMG US, Deloitte Consulting, Bain & Company, Companies, Carrefour, & $

☆ Ford CEO says a profitable $30,000 EV is coming in two and a half years
▼ + stars: | 2024-06-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Ford Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley said Friday during the Aspen Ideas Festival. "You have to make a radical change as an [automaker] to get to a profitable EV. Ford's EV unit lost $1.32 billion during the first quarter of this year on 10,000 vehicles wholesaled. Farley said it's crucial for Ford to make profitable EVs in the next five years, as Chinese automakers continue to expand globally. "And if we don't make profitable EVs in the next 5 years, what is the future?

Persons: Jim Farley, Farley, Tesla, Ford, CNBC's Julia Boorstin, they're, Ford's Organizations: Washington , D.C, Ford Motor, Aspen Ideas, Ford, EV Locations: Washington ,, U.S, Canada, North America

☆ A shower just for your dog is the new home status symbol
▼ + stars: | 2024-06-28 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

While healthcare and food constitute the majority of pet owner expenses, a new trend has emerged: dedicated pet wash stations. Related storiesDepending on the level of luxury, pet wash stations can cost homeowners between $400 and $2,000 to DIY, according to home-maintenance site The Spruce. The materials that will be used in a pet shower being developed by Highland Homes. Therefore, it's not surprising that many are enhancing their appeal by incorporating tailored features like pet wash stations into their builds. AdvertisementA dog spa in a Highland Homes property.

Persons: —, Sanju, Surtani, We've, that's, DINKWAD, homebuilders, it's Organizations: Service, Business, Highland Homes, National Association of Real Estate, Homes, American Pet Products Association, Highland Locations: Highland, Highland Homes

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin dips to $60,000 as the cryptocurrency heads for losing month: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Ben McMillan, IDX Digital Assets CIO and founder, the state of crypto markets and the future of crypto ETFs. Plus, Chris King of Eaglebrook Advisors weighs in on adoption of spot crypto ETFs by investment advisors.

Persons: explainers, Ben McMillan, Chris King Organizations: CNBC Crypto, CNBC, IDX Digital, CIO, Eaglebrook

☆ The lack of EV charging infrastructure is so bad it's driving owners back to gas-powered cars
▼ + stars: | 2024-06-28 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Read previewIssues with charging have nearly half of electric vehicle owners in the US considering going back to fossil fuels – the latest bad sign for the EV transition. The top reason respondents listed for ditching their EV was a lack of charging infrastructure. Charging infrastructure here has long been a hot-potato issue, which has held back efforts to build more chargers. While a push from the automotive industry to fund charging infrastructure has led to a boom in public charging stations in the last two years, these have largely been money-losing ventures. On the government side, the Biden Administration has set aside $7.5 billion for charging infrastructure with a vow to add 500,000 EV charging stations by 2030.

Persons: —, Tesla, Biden Organizations: Service, McKinsey & Co, EV, Business, Biden Administration Locations: Australia

☆ Shadow AI is a growing threat. Here are 3 ways organizations can safeguard their data.
▼ + stars: | 2024-06-28 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

Shadow AI, or the unsanctioned use of technologies such as GenAI, has emerged as a critical threat for organizations trying to secure corporate IP and data. For organizations getting started with GenAI, it's important to understand why shadow AI is dangerous to best identify how to address it. Why shadow AI presents a credible threatMicrosoft and LinkedIn report1 that 78% of employees are "bringing their own AI technologies to work," (BYOAI) a softer way of describing shadow AI. Shadow IT and shadow AI share the same low barrier to entry and platform dynamics. Dell Technologies is a leader in the growing open ecosystem that is helping organizations build, test, and deploy GenAI services.

Persons: Clint Boulton, ESG, RAG Organizations: Microsoft, LinkedIn, Research, Enterprise Strategy Group, Amazon Web, Dell Technologies, Dell, Insider Studios

☆ EV charging is so bleak in the US that 46% of owners are considering going back to gas-powered cars
▼ + stars: | 2024-06-28 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Read previewIssues with charging has nearly half of electric-vehicle owners in the US considering going back to fossil fuels — the latest bad sign for the EV transition. A recent consumer study conducted by McKinsey found that 46% of US EV owners surveyed were likely to switch back to a gas-powered vehicle, compared to a global average of 29% of EV owners who said they would likely switch back to an internal-combustion engine. Respondents said the top reason for ditching their EVs was a lack of charging infrastructure. Though a push from the automotive industry to fund charging infrastructure has led to a boom in public charging stations in the last two years, these have largely been money-losing ventures. The Biden administration has set aside $7.5 billion for charging infrastructure and has said it would add 500,000 EV charging stations by 2030.

Persons: —, Tesla, Biden Organizations: Service, McKinsey, EV, Business Locations: Australia

☆ Figma CEO says it is 'eating cost' of AI upgrade for customers in 2024
▼ + stars: | 2024-06-27 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +2 min

As design firm Figma rolls out its first major AI upgrade for its platform, CEO and co-founder Dylan Field is taking no chances with customers amid steep AI adoption and demand curves and consumer hype. Figma is paying the cost of the AI upgrade for now instead of attempting to charge customers. "We're gonna eat the cost for 2024, because we don't know how people are going to use the features yet. Figma's UI3 redesign, released in limited beta on June 26 with a waitlist for additional users, includes a new toolbox called "Figma AI." 6 on this year's CNBC Disruptor 50 list, while Figma ranked No.

Persons: Dylan Field, CNBC's Deirdre Bosa, Canva, Figma, we're Organizations: Figma, Adobe, CNBC, Google

☆ 'Trust' is the biggest challenge in AI adoption: NTT Data
▼ + stars: | 2024-06-27 | 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 Email'Trust' is the biggest challenge in AI adoption: NTT DataJohn Lombard of NTT Data explains why trust is important in AI implementation and shares the sectors he believes stand to gain the most from AI developments.

Persons: John Lombard Organizations: NTT, NTT Data

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