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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCohere CEO Aidan Gomez on how generative AI will bring more profit to companiesAidan Gomez is the CEO and co-founder of Cohere and he's been at the center of generative AI since its early days. He was an intern at Google in 2017, when he helped write the foundational paper that conceptualized the transformer - the tech that makes generative AI possible. Now he's focused on building generative AI models for companies instead of consumers. CNBC's Steve Kovach sat down with Gomez to talk about the burgeoning tech and specific ways his models will boost profits for companies.

Persons: Aidan Gomez, Cohere, he's, Steve Kovach, Gomez Organizations: Google

☆ How Tony's Chocolonely brings in $162 million a year selling chocolate
▼ + stars: | 2024-03-30 | by ( Beatriz Bajuelos Castillo | Gene Kim | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Tony's Chocolonely brings in $162 million a year selling chocolateWith its bold and colorful packaging, Tony's Chocolonely is trying to achieve a huge mission: to make chocolate 100% slave free. In fiscal year 2023, this Dutch chocolate company brought in $162 million in revenue.

Persons: Chocolonely

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow I built my $400 million-a-year dating app HingeIn 2011, Justin McLeod was a Harvard grad student who wanted to solve his dating woes. He invested his own money to start Hinge, a dating platform the company says is "designed to be deleted." What started out as a small company that struggled to compete with now billion-dollar giants like Tinder, has grown to become one of the most popular apps in the dating space. In 2023, Hinge brought in $396 million in revenue.

Persons: Justin McLeod Organizations: Harvard

Canada Goose parkas, which can cost upwards of $1,900, are sported by Oscar winners, Olympians and Arctic explorers. "When you buy a Canada Goose jacket, you're buying a piece of Canada. Here's how Canada Goose began, grew to billion-dollar status and plans to survive consumer uncertainty. Canada Goose jackets, with their iconic shoulder patches, are such a status symbol that people who wear them are sometimes the target of robberies. "We realized that we could make jackets that are just as good without fur as with fur," Reiss says.

Persons: Dani Reiss, Oscar, Reiss, Goose, Sam Tick, Bean, Eddie Bauer, Reiss's, David Reiss, Canada Goose Organizations: Canada, CNBC, Metro Sportswear Ltd, Antarctica's, Lacoste, University of Toronto, Conservation Alliance, Bain Capital, New York Stock Exchange, People, Animals Locations: Wells, Canada, Poland, Snow, Europe, Asia, paychecks, Toronto, New York

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow I transformed Canada Goose from a small family business into a $1.1 billion luxury brandWhen Dani Reiss took the reins as CEO of Canada Goose at age 27, he was running a company that brought in $2.2 million per year in revenue. Today, the luxury brand is worth $1.1 billion. Canada Goose parkas, with their iconic shoulder patches, cost more than $1,000 and the company sells more than one million jackets a year.

Persons: Dani Reiss Organizations: Canada Locations: Canada

☆ Americans are flocking to Mexico City where rent is cheaper and life is more laid-back—for locals, it’s complicated
▼ + stars: | 2023-10-12 | by ( Celia Fernandez Tasia Jensen Beatriz Bajuelos Castillo | Celia Fernandez | Tasia Jensen | ) www.cnbc.com time to read: +18 min

Moran moved to Mexico City in 2019 and is now a permanent resident and lives with Dai, her Mexican boyfriend. "When North Americans come to Mexico, especially to Mexico City, they do not come for survival reasons," Osorno says. Alberto Martinez believes that the Mexican government needs to come up with a way to control rent prices in Mexico City. In 2022, the Mexico City government partnered with Airbnb to promote the city as a global remote working hub. In 2022, Airbnb and Mexico City announced a partnership that caused an uproar among CDMX locals.

Persons: it's, Gene Kim, Kyla Moran, Moran, Dai, Tasia Jensen, Beatriz Bajuelos, Hutchins, Caitlin Hutchins, Cora, Victor, Adalia, —, Aborisade, Hutchins isn't, I'm, Keith Brown, Brown, George Floyd, There's, doling, I've, Darnell, Tiara Darnell, Guillermo Osorno, Frida Kahlo, Diego Rivera, Leticia Lozano, Lozano, Anais Martinez, Martinez, It's, Leticia Lozano López, Alberto Martinez, Airbnb, Lozano López Organizations: CNBC, Mexico City, Black American, Spanish, U.S, Spotify, National Institute of Statistics, Human Rights, Osorno, Roma, Mexico's Foreign Affairs, New, of Labor Statistics, National Autonomous University of Mexico, The New York Times, Urban Regeneration, MIT, Airbnb, Nurphoto Locations: Mexico City, Mexico's, Ciudad, North America, Mexico, U.S, American, Hutchins, North Carolina, Texas, Mexico City's, United States, Buffalo , New York, Buffalo, Roma Norte, La, Osorno, Tourism Secretarait, Mexican, New York City, —, La Condesa, Airbnb, Latin America, Barcelona, Florence, Congress

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Americans are relocating to Mexico City for a better lifeWhat does it take to achieve the American Dream? For some, it means moving to Mexico City. CNBC Make It spoke to several Americans who have relocated in search of a better life. For locals, it's complicated.

Organizations: Mexico City, CNBC Locations: Mexico

Defossey and Luna opened the first Pinche Gringo restaurant in an airstream in 2013. The pair decided to name the restaurant Pinche Gringo, which means "Darn American," and pokes fun at the idea of them opening a BBQ restaurant in Mexico City. The Pinche Gringo BBQ warehouse is the biggest location and can hold up to 3,000 people. Being a Texas-style BBQ restaurant in Mexico City isn't the only thing that sets the Pinche Gringo brand apart. The group owns and operates seven restaurants, including sandwich shops, a bar, and the Pinche Gringo BBQ warehouse.

Persons: Dan Defossey, Defossey, Roberto Luna, Luna, Tasia Jensen, Beatriz Bajuelos Castillo Organizations: America Corps, Apple, Marketing, Latin America, Mexico City, CNBC, Defossey, Mexico City isn't, Grupo, Grupo Chilangogringo Locations: Long Island , New York, Texas, New York, Mexico City, Mexico, United States, Jamaica, agua horchata

☆ Gen Xer left a job at Apple to open a BBQ restaurant in Mexico City—it made $9 million in sales last year
▼ + stars: | 2023-07-15 | by ( Celia Fernandez Beatriz Bajuelos Castillo Tasia Jensen | Celia Fernandez | Beatriz Bajuelos Castillo | ) www.cnbc.com time to read: +4 min

Persons: Dan Defossey, Defossey, Roberto Luna, Luna, Tasia Jensen, Beatriz Bajuelos Castillo, DeFoseey, Groupo Organizations: America, Apple, Marketing, Latin America, Mexico City, CNBC, Defossey, Mexico City isn't Locations: Long Island , New York, Texas, New York, Mexico City, Mexico, United States, Jamaica, agua horchata

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI left a job at Apple to open a BBQ restaurant in Mexico City—it made $9 million in sales last yearDan Defossey, originally from Long Island, New York, moved to Mexico over a decade ago as an employee for Apple. It wasn't long before he pivoted and co-founded Pinche Gringo BBQ, where customers are served a uniquely American food in the heart of Mexico City. Today, he is the CEO of a group of barbecue restaurants that brought in over $9 million in 2022.

Persons: Dan Defossey Organizations: Apple Locations: Mexico City, Long Island , New York, Mexico, American

☆ Inside a renovated $1 home in Liverpool, UK
▼ + stars: | 2023-06-03 | by ( Beatriz Bajuelos Castillo | Elham Ataeiazar | ) www.cnbc.com time to read: 1 min

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow a 39-year-old making $26,000 in Long Beach, California spends moneyTiara Simmons, 39, is a lawyer in Long Beach, California, and earns roughly $26,000 a year between her job as a law clerk and her social media marketing side hustle. She lives in a one-bedroom apartment with her husband, 3-year-old and chihuahua. Simmons is a below-the-knee amputee and has been disabled for nearly her entire life, and she wants people to know that those with disabilities are "disabled, not lazy." 09:13 2 hours ago

☆ 73-year-old pays $370/month to live in a plane he bought for $100,000 from a salvage yard: 'I have no regrets'
▼ + stars: | 2022-12-26 | by ( Celia Fernandez Beatriz Bajuelos Castillo | Celia Fernandez | Beatriz Bajuelos Castillo | ) www.cnbc.com time to read: +2 min

In the early '70s, Bruce Campbell paid $25,800 for 10 acres of land in Hillsboro, a suburb of Portland, Oregon. In 1999, Campbell decided he would follow through but had no idea how to go about it, so he hired a salvage company to find him a plane. Campbell paid $100,000 for it, and the plane was flown from Greece to Oregon to prepare it for him to take ownership. Next to the kitchen area, Campbell has his futon sofa, which doubles as his sleeping area, and his workbench. His monthly expenses are $370 a month, which includes $220 a month in property taxes and between $100 to $250 a month in electricity.

☆ I live in an airplane in the woods for $370/month — take a look inside
▼ + stars: | 2022-12-26 | by ( Tasia Jensen | Beatriz Bajuelos Castillo | ) www.cnbc.com time to read: 1 min

As an electrical engineer, Campbell feels fulfilled by living in an airplane. He has no regrets and believes that eventually, more people will come around to living in retired jetliners. Unlocked is a new home tour series focused on how much people across the U.S. spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow this 26-year-old earns and spends $25,000 a year just outside NYCHector Carvajal, 26, owns Don Carvajal Cafe, a Dominican-inspired coffee roasting company based in the Bronx, New York. In 2022, his business brought in roughly $190,000 in sales and from that, he lives off a $25,000 salary. 07:44 an hour ago

☆ She pays $1,000 per month for a 1-bedroom apartment in New York City — take a look inside
▼ + stars: | 2021-11-02 | by ( Cory Stieg | ) www.cnbc.com time to read: +5 min

She pays $1,000 per month for the apartment, where she's lived for nine years. The median asking rent for a one-bedroom apartment in the Bronx is $1,750, compared to $3,000 in Manhattan, according to StreetEasy data. In addition to her rent, Mooney pays about $200 per month for her internet, phone and cable, plus $45 per month for electricity. "I just love arts and crafts, I love TV, I love projects… it's all just one huge conglomeration of all the things that I love to do." In the living room, Mooney displays TV memorabilia and souvenirs like fleece blankets, stuffed animals, action figures and framed posters.

☆ This 27-year-old saved for years to rent her first apartment — a $1,850-a-month 'dream' loft in Yonkers
▼ + stars: | 2020-12-28 | by ( Cory Stieg | ) www.cnbc.com time to read: +3 min

Since college graduation, Denise Francis had been saving up to move out of the two-bedroom apartment in Brooklyn where she lived her whole life. "Now, at the age of 27, I was finally able to move into that dream apartment," Francis tells CNBC Make It. "Instead, I used all those years to continue saving," Francis says. By 2020, thanks to a salaried job and a recent promotion, Francis had saved $20,000, enough money to cover about a year's worth of rent. Typical monthly rent in Yonkers is $2,191 a month, according to data from Zillow shared with CNBC Make It.

☆ Full-time YouTuber shares 6 affordable decorating hacks for living in a small space
▼ + stars: | 2020-11-01 | by ( Cory Stieg | ) www.cnbc.com time to read: +4 min

Taber shares the three-bedroom, one-bathroom apartment with two roommates, and together they pay $5,150 in rent each month. Like many people, Taber was unable to use her co-working space during the Covid-19 pandemic, so she created an at-home workspace. Here's Taber's advice for decorating and organizing a small space:Shop for used items onlinePhoto: Beatriz Bajuelos. For example, Taber used the Facebook Marketplace to find a desk nearby and was able to pay for it using the Venmo app. So, she decided to give her bedroom furniture an upgrade using an inexpensive paint and primer combo.

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