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Emily Chang - 12 — - 8 Mark Zuckerberg - 6 Zuckerberg - 6 Sundar Pichai - 5 Pichai - 4 It's - 3 Musk - 3
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☆ Meta set to report second-quarter earnings after the bell
  + stars: | 2024-07-31 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +4 min
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Meta is slated to report second-quarter earnings on Wednesday after the close of regular trading. Meta's ad revenue is projected to show an increase of 19% to $37.6 billion, according to StreetAccount. Heading into Meta's report on Wednesday, the digital ad market has shown some signs of weakness. Alphabet reported lower-than-expected ad revenue out of YouTube last week, and on Tuesday, Pinterest issued disappointing third-quarter guidance, leading to a 15% plunge in the stock after hours.
Persons: Mark Zuckerberg, LSEG, Meta, Zuckerberg, Emily Chang, Sundar Pichai, Pichai, Pinterest, Julia Brau Donnelly Organizations: Meta, Google, YouTube, Labs, Revenue, Quest VR, Microsoft Locations: Menlo Park , California
☆ Apple says its AI models were trained on Google's custom chips
  + stars: | 2024-07-29 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
Apple said on Monday that the artificial intelligence models underpinning Apple Intelligence, its AI system, were pretrained on processors designed by Google, a sign that Big Tech companies are looking for alternatives to Nvidia when it comes to the training of cutting-edge AI. Apple's choice of Google's homegrown Tensor Processing Unit (TPU) for training was detailed in a technical paper just published by the company. Separately, Apple released a preview version of Apple Intelligence for some devices on Monday. Apple doesn't name Google or Nvidia in its 47-page paper, but did note its Apple Foundation Model (AFM) and AFM server are trained on "Cloud TPU clusters." "This system allows us to train the AFM models efficiently and scalably, including AFM-on-device, AFM-server, and larger models," Apple said in the paper.
Persons: Apple, they've, Mark Zuckerberg, Sundar Pichai, Zuckerberg, Emily Chang Organizations: Apple Intelligence, Google, Big Tech, Nvidia, Microsoft, Meta, Oracle, Apple Foundation, Apple
☆ Tech's splurge on AI chips has companies in 'arms race' that's forcing more spending
  + stars: | 2024-07-25 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Meta CEO Mark Zuckerberg has been assembling a large stockpile of Nvidia chips, spending billions of dollars so his company can develop and train advanced artificial intelligence models. But even he says the AI hype may be driving too much investment. Meta debuted its latest Llama AI model on Tuesday. The model, dubbed Llama 3.1, comes in three different versions, with one variant being the biggest and most capable AI model from Meta to date.
Persons: Mark Zuckerberg, Zuckerberg, Emily Chang, He's, Sundar Pichai, Pichai Organizations: Meta, Nvidia, Microsoft, Amazon, Oracle, Tesla Locations: Menlo Park , California
☆ Mark Zuckerberg explains his hiring philosophy
  + stars: | 2024-07-24 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +3 min
But Meta CEO Mark Zuckerberg said in an interview with Bloomberg's Emily Chang published Tuesday that the most important thing is "learning how to think critically and learning values when you're young." Zuckerberg said in the interview that his "hiring philosophy" follows this line of thought. It's not the first time the CEO has talked about considering a candidate's values when hiring. While Zuckerberg may have a strict standard for hiring candidates, the tech giant has slowed its hiring compared to the pandemic-era growth. Zuckerberg said earlier this year the company would continue to limit its head count and hiring plans would remain "relatively minimal."
Persons: —, Mark Zuckerberg, Emily Chang, Zuckerberg, they've, It's, Reid, Sheryl Sandberg, Sandberg Organizations: Service, Business, Meta, Facebook, CNN
☆ Mark Zuckerberg calls Donald Trump a 'badass' after the former president threatened him with prison
  + stars: | 2024-07-19 | by ( Katie Notopoulos | ) www.businessinsider.com   time to read: +4 min
Read previewMeta CEO Mark Zuckerberg called former President Donald Trump's reaction to getting shot "badass," although he declined to endorse him in an interview with Bloomberg released Friday. Just a few days ago, in a different interview with Bloomberg, Trump reiterated his beef with Zuckerberg. If you don't have TikTok, you have Facebook and Instagram, and that's, you know, that's Zuckerberg. The more notable thing he said was reiterating Meta's stance on limiting political content in people's feeds on Facebook, Instagram, and Threads. Speaking of aesthetics, Zuckerberg also committed to his new look by wearing a gold chain during the Bloomberg interview.
Persons: —, Mark Zuckerberg, Donald Trump's, Bloomberg's Emily Chang, Zuckerberg, Meta, wouldn't, Donald Trump, Trump, that's Zuckerberg, It's, Elon, Musk, Anna Moneymaker Organizations: Service, Bloomberg, Meta, Business, Trump, Big Tech, Facebook
☆ Does Google train its AI on YouTube videos? Here's what YouTube's CEO and the platform's terms of service say.
  + stars: | 2024-06-03 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +5 min
YouTube CEO Neal Mohan was asked in an interview about the possibility of Google using YouTube's massive digital content library to train its AI models. AdvertisementIn April, The New York Times reported that "Like OpenAI, Google transcribed YouTube videos to harvest text for its A.I. Mohan said some YouTube creators have specific contracts that can allow their content to be used in AI training. As The New York Times reported, Google may not be the only company looking to YouTube for AI training data. AdvertisementMohan says that, depending on what, if any, data OpenAI scraped, it could violate YouTube's terms of service.
Persons: —, Neal Mohan, Mohan, Emily Chang, Mira Murati, Sora, OpenAI, Chang, it's Organizations: Service, Google, Business, YouTube, The New York Times, New York Times, Wall Street Locations: The
☆ Sundar Pichai says OpenAI might have breached YouTube's terms and conditions to train its text-to-video model Sora
  + stars: | 2024-05-21 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +5 min
Read previewOpenAI might've breached YouTube's terms and conditions to train its text-to-video model Sora, says Google CEO Sundar Pichai. "So you felt like they had broken your terms and conditions, or potentially, or if they had, that wouldn't have been appropriate?" Sundar Pichai says he believes OpenAI's Sora breached YouTube's terms and conditions and he is sympathetic to creators whose content is being used to train AI models pic.twitter.com/mF1D6XjYf8 — Tsarathustra (@tsarnick) May 20, 2024Earlier in the interview, Pichai revealed that YouTube was still "following up and trying to understand" how OpenAI had trained Sora. "We have terms and conditions, and we would expect people to abide by those terms and conditions when you build a product, so that's how I felt about it." AdvertisementJohansson said in a statement that she had turned down OpenAI CEO Sam Altman's offer to voice its latest GPT-4o model.
Persons: —, Sora, Sundar Pichai, Nilay Patel, Pichai, OpenAI's Sora, OpenAI, Mira Murati, Joanna Stern, Stern, Murati, I'm, Neal Mohan, Emily Chang, would've, Mohan, didn't, Scarlett Johansson, Johansson, Sam Altman's, Spike Jonze's, We’ve Organizations: Service, Business, YouTube, coy, Google, BI Locations: Amazon, ChatGPT
☆ Putin wouldn't have invaded Ukraine when he did if he'd had AI tools, says Anduril founder Palmer Luckey
  + stars: | 2024-05-16 | by ( Polly Thompson | ) www.businessinsider.com   time to read: +1 min
Anduril founder Palmer Luckey believes the technology will lead to better decision-making and fewer blunders. Putin wouldn't have invaded Ukraine when he did if AI had helped him strategize, Luckey told Bloomberg. But Anduril founder Palmer Luckey believes the technology will improve war for everyone. "AI is going to be a tool to put all the cards on the table for everyone," Luckey told Bloomberg's Emily Chang in the latest episode of "The Circuit." "My hope is that you're going to have dictators who make better decisions because even they have better information from AI."
Persons: Palmer Luckey, Putin wouldn't, strategize, Luckey, —, Emily Chang Organizations: Bloomberg, Service, Business Locations: Ukraine
☆ My AI dating your AI could be the future of online dating, Bumble founder says. 'No. No. Truly.'
  + stars: | 2024-05-10 | by ( Lauren Edmonds | ) www.businessinsider.com   time to read: +1 min
Bumble's founder discussed how AI could influence dating at the Bloomberg Technology Summit. Whitney Wolfe Herd said "AI dating concierges" could court each other on humans' behalf. She said AI could also help modern daters become better flirts. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Bumble founder Whitney Wolfe Herd discussed how AI could influence modern dating at the Bloomberg Technology Summit this week.
Persons: Whitney Wolfe Herd, —, Bumble, Emily Chang, Wolfe Herd Organizations: Bloomberg Technology Summit, Service, Business
☆ Jamie Dimon says the future of the world depends on whether the US can sort out its relationship with China
  + stars: | 2024-04-18 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +3 min
Read previewHow the US handles its shaky relationship with China will affect the future of the world, says JPMorgan chairman and CEO Jamie Dimon. "It's the thread from Ukraine, oil and gas, food, migration, all our relationships, the most important one being China," Dimon told Bloomberg's Emily Chang in an interview that aired Wednesday. Related storyDimon's fresh remarks on China come as the world's second-largest economy finds itself in a fraught relationship with the US. And in January, CIA chief William J. Burns said China is a far bigger threat to the US than Russia. But while Dimon did single out China as a significant risk to the world, he told Chang that he is optimistic that the US could manage them.
Persons: —, Jamie Dimon, Dimon, Emily Chang, Chang, William J, Burns, Joe Biden, Donald Trump, Biden, They've, they're, America's Organizations: Service, Business, JPMorgan Global China Summit, Reuters, CIA, Affairs, Wednesday Locations: China, Ukraine, Russia, Shanghai, Pennsylvania
☆ Google CEO Sundar Pichai compares AI to climate change at APEC CEO Summit
  + stars: | 2023-11-16 | by ( Jennifer Elias | ) www.cnbc.com   time to read: +1 min
Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Google CEO Sundar Pichai said artificial intelligence is like climate change in that it will proliferate worldwide, and that people across the globe share a responsibility to create guardrails. At the Asia-Pacific Economic Cooperation (APEC) CEO summit in San Francisco on Thursday, Pichai was asked by Bloomberg's Emily Chang how to get to a global consensus on "smart AI regulation." I think that's true for AI." Pichai said countries have a shared responsibility to build global frameworks — something he's warned about in recent months.
Persons: Sundar Pichai, Pichai, Emily Chang, Joe Biden, Xi Jinping Organizations: Americas, U.S . Chamber, Commerce, Google, Economic Cooperation Locations: Los Angeles , California, Asia, San Francisco, Japan
☆ 'Where ambition goes to die': These tech workers flocked to Austin during the pandemic. Now they're desperate to get out.
  + stars: | 2023-08-31 | by ( Ben Bergman | Jordan Pandy | ) www.businessinsider.com   time to read: +11 min
Many tech workers in California moved to Austin during the pandemic in search of a new lifestyle. Some tech workers say they regret moving there, given its middling tech scene and "fake" atmosphere. They cited several contributing factors, including extreme temperatures, traffic, overcrowding, and — perhaps most surprising — a middling tech scene that fails to live up to the hype. From Silicon Valley to the Silicon HillsNot long ago, Austin's tech scene was ascendant, with national headlines suggesting it could take on Silicon Valley. He acknowledged there's not much of a tech scene there but will take that over what he perceived as Austin's smoke and mirrors.
Persons: Austin, Mike Chang, Chang, Tesla, Danielle Fountain, Fountain, Elon Musk, Jim Breyer, Joe Lonsdale, Bill Gurley, Musk, Gurley, Emily Chang, John Andrew Entwistle, who's, John Andrew Entwistle Entwistle, Entwistle, oversold, Nicholas Falldine, there's, Nick Thomas, Austin doesn't, Thomas, he's, Sam Parr, I'm, Sheharyar, Redfin, Bokhari, It's, frolic Organizations: Oracle, Facebook, Google, Apple, Breyer Capital, Austin Chamber, Austin, Lone Star, US Postal Service Locations: California, Austin, Los Angeles, Bay, Silicon, Silicon Valley, Austin's, Palo Alto, Westchester County , New York, Fayetteville , Arkansas, Austin , Texas, San Francisco
☆ Sam Altman says he'd go watch Elon Musk cage fight Mark Zuckerberg
  + stars: | 2023-06-23 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +2 min
Elon Musk and Mark Zuckerberg have taken digs at each other before. Now the two tech CEOs have seemingly agreed to a cage fight. OpenAI CEO Sam Altman told Bloomberg he "would go watch" if the two actually fight. "I would go watch if he and Zuck actually did that," OpenAI CEO Sam Altman told Bloomberg's Emily Chang on Thursday, though he said he doesn't think he would ever take Musk on in a physical fight. "He really cares about AI safety a lot," Altman told Bloomberg of Musk.
Persons: Elon Musk, Mark Zuckerberg, Sam Altman, Musk, Zuckerberg, Zuckerberg —, —, Zuck, Emily Chang, Altman, OpenAI, didn't Organizations: Bloomberg, Morning, Tech, Twitter, city's Apex, UFC, Musk
☆ SVB collapse is double-whammy for tech startups already navigating brutal market
  + stars: | 2023-03-19 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +11 min
He'd started the process six months earlier during a brutal period for tech stocks and a plunge in venture funding. Investors were just pulling in their horns, the SPAC market had fallen apart, valuations for tech companies were collapsing." In the absence of venture funding, money-losing startups have had to cut their burn rates in order to extend their cash runway. Since the beginning of 2022, roughly 1,500 tech companies have laid off a total of close to 300,000 people, according to the website Layoffs.fyi. Kruze Consulting provides accounting and other back-end services to hundreds of tech startups.
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