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☆ Marc Andreessen is hopping on the Musk bandwagon and slamming manned fighter jets, saying there won't be 'spam in the can' if pilots aren't in the plane
▼ + stars: | 2024-11-27 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Andreessen's comments echo that of Elon Musk, who said this week that he thinks crewed fighter jets are inefficient. Elon Musk isn't the only tech executive who thinks drones are way better than fighter jets. Related Video The true cost of America's war machinesAI-controlled jets, Andreessen told Rogan, are "far superior" to fighter jets that need pilots. Advertisement"Crewed fighter jets are an inefficient way to extend the range of missiles or drop bombs. Drones have been game-changing in modern warfare, but military experts say there are still advantages to having manned fighter jets over drones.

Persons: Marc Andreessen, Elon Musk, Andreessen Horowitz, Joe Rogan, Andreessen, Rogan, Musk, Eric Schmidt, Schmidt, Sebastian Thrun, Donald Trump's, Vivek Ramaswamy, Justin Bronk, Mark Gunzinger Organizations: Elon, Andreessen, Business, Stanford University, Ares Industries, of Government, The Wall, Pentagon, Royal United Services Institute, US Air Force, Concepts, Mitchell Institute for Aerospace Studies Locations: Silicon, Russia

☆ Elon Musk says human-piloted fighter jets like the F-35 are obsolete. Drone tech can't yet fill the gap.
▼ + stars: | 2024-11-26 | by ( Ryan Pickrell | Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

In the Ukraine war, drones are surveilling and striking enemy vehicles and troop positions. Four years ago, the SpaceX founder said a remotely controlled uncrewed fighter would be a better alternative to the F-35 and argued the future is autonomous drone warfare. AdvertisementIn the Ukraine war, drones have been a priority for combatants, but Ukraine still seeks Western fighter aircraft. Some former pilots and warfighting analysts say the US military should combine drones and crewed fighter aircraft. In this situation, uncrewed systems enhance crewed systems and vice versa.

Persons: Elon Musk, Eric Schmidt, Musk, SERGEI SUPINSKY, That's, Justin Bronk, Guy Snodgrass, Andrej Tarfila, Lockheed Martin, Mark Gunzinger, Bronk, Gunzinger Organizations: Army, Trump's Department, SpaceX, Getty, Royal United Services Institute, uncrewed, Lockheed, BI, US Air Force, Concepts, Mitchell Institute for Aerospace Studies Locations: Ukraine, Kyiv, Western, AFP

☆ Ex-Google CEO warns that 'perfect' AI girlfriends could spell trouble for young men
▼ + stars: | 2024-11-26 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

AdvertisementIn a podcast interview, Eric Schmidt warned that AI dating may increase loneliness among young men. The former Google CEO said young men dating the "perfect" AI girlfriend may also lead to obsession. He suggested AI regulation changes but expects little action without a major incident. Former Google CEO Eric Schmidt recently shared his concerns about young men crafting AI romantic partners and said he agrees that AI dating will actually increase loneliness. AdvertisementSchmidt said he doesn't expect much AI regulation in the next four years as Trump's administration will likely have other priorities.

Persons: Eric Schmidt, Schmidt, G, Scott Galloway, he's, Donald Trump's, Brendan Carr Organizations: Google, Study

☆ What Trump's presidency means for the future of AI
▼ + stars: | 2024-11-21 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

AdvertisementDonald Trump has surrounded himself with people who have competing views on AI regulation. Elon Musk, for example, has supported more AI regulation in the past. Some Silicon Valley veterans are betting that president-elect Donald Trump's new administration will make AI development a top priority. AdvertisementMusk, who spent over $130 million on Trump's campaign, has called for greater regulation of AI in the past. It's not clear if that effort will impact their views on AI regulation.

Persons: Donald Trump, Elon Musk, JD Vance, Donald Trump's, Big, Marc Andreessen, Trump, Joe Biden, California's, Gavin Newsom, OpenAI, Sam Altman, Greg Brockman, Vivek Ramaswamy, Ramaswamy, It's, Vance, Calvin Newport, Eric Schmidt Organizations: Trump, Trump Super PAC, Washington Post, California, Department of Government, Big Tech, Georgetown University Locations: Washington, Silicon Valley, China

☆ Former Google CEO on the company's antitrust battle with the DOJ
▼ + stars: | 2024-11-19 | 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 EmailFormer Google CEO on the company's antitrust battle with the DOJEric Schmidt, former Google chairman and CEO, joins 'Squawk Box' to discuss Schmidt's most recent book, if Google needs to divest part of its business, and if the whole antitrust game will change under Trump.

Persons: DOJ Eric Schmidt Organizations: DOJ, Trump

☆ Watch CNBC's full interview with the former Google CEO Eric Schmidt
▼ + stars: | 2024-11-19 | 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 EmailWatch CNBC's full interview with the former Google CEO Eric SchmidtEric Schmidt, former Google chairman and CEO, joins 'Squawk Box' to discuss Schmidt's most recent book, if Google needs to divest part of its business, and if the whole antitrust game will change under Trump.

Persons: Eric Schmidt Eric Schmidt Organizations: Google, Trump

☆ Former Google CEO says Steve Jobs was a 'diva' — and explains why companies need them.
▼ + stars: | 2024-11-17 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

AdvertisementFormer Google CEO Eric Schmidt said companies need "divas" in order to build brilliant products. Schmidt gives the example of Steve Jobs as a difficult yet brilliant diva. Steve Jobs was a diva — and that's exactly what you want for a successful company, former Google CEO Eric Schmidt said. One such example of a famously tough genius was Apple cofounder Steve Jobs, who Schmidt said was "clearly" a diva. "They're not trying to do the right thing; they're trying to benefit themselves at the cost of others."

Persons: Eric Schmidt, Schmidt, Steve Jobs, —, Jonathan Rosenberg, Jobs, Google execs, They're, Rosenberg Organizations: Google

☆ Before politics, JD Vance had a career in venture capital. Here are the startups he's invested in.
▼ + stars: | 2024-11-16 | by ( Madeline Berg | Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

JD Vance is a man of many careers: attorney, author, senator, vice president-elect, and, perhaps less well-known, venture capitalist. For about six years between graduating from law school and becoming a United States senator from Ohio, Vance held various positions in the space before eventually starting his own fund, Narya Capital. Vance co-founded Narya Capital in 2019After two years, Vance broke out on his own, cofounding Narya Capital in 2019 with investments from Thiel, former Google CEO Eric Schmidt, and VC veteran Marc Andreessen. According to his vice president and senate disclosure forms, he has a stake in Narya Capital Fund I, Narya Capital Fund II, and Rise of the Rest Seed Fund. AdvertisementHis stake in Narya Capital Fund I is worth between $500,001 and $1 million.

Persons: JD Vance, Vance, doesn't, Peter Thiel's, Steve Case's, Boston —, Thiel, Eric Schmidt, Marc Andreessen, Narya, Vivek Ramaswamy's, Nayra, Luke Schroeder Organizations: United, Narya, Mithril, Narya Capital, cofounding, II, Narya's Capital, US Space Force Locations: United States, Ohio, New York, Silicon Valley, Boston, Narya, ValueBase, PitchBook

☆ Defense tech companies like Anduril hope Trump can streamline military contracts
▼ + stars: | 2024-11-16 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Others in the defense industry are less optimistic. Tech billionaire Palmer Luckey's bet on the defense industry is paying off at Anduril, the drone-making company he founded. AdvertisementSacknoff said that procurement reform in the defense industry is not a new concept and that the Defense Department is always restructuring its contracting process. Richard Aboulafia, managing director at AeroDynamic Advisory, a consulting firm, said that reforming the defense industry will take time. AdvertisementSacknoff said the military defense business is always looking for a "counter" to the newest technology and that the growth of autonomous drones would likely bring more innovations to stop them.

Persons: Palmer Luckey, Anduril, Palmer Luckey's, Donald Trump's, Brian Schrimf, Schrimpf, Scott Sacknoff, Sacknoff, Richard Aboulafia, Abaulafia, DefenseScoop, Tesla, Eric Schmidt, Schmidt Organizations: Tech, Yahoo, Spade, Defense Department, Teledyne, Defense, Google Locations: Anduril, United States, Saudi Arabia

☆ Eric Schmidt says there's 'no evidence' AI scaling laws are stopping — but they will eventually
▼ + stars: | 2024-11-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Ex-Google CEO Eric Schmidt says there's "no evidence" of an AI slowdown. AdvertisementEric Schmidt says there's "no evidence" artificial intelligence scaling laws are stopping as some in Silicon Valley worry about an AI slowdown. He said there will be "two or three more turns of the crank of these large models" over the next five years, referring to improvements in large language models. Related Video Why "deployment of AI is top of mind for everybody," according to IBM's Jonathan Adashek"There's no evidence that the scaling laws, as they're called, have begun to stop. AI scaling laws are the theoretical rules that broadly state models will continue to improve with more training data and greater computing power.

Persons: Eric Schmidt, Schmidt, LLMs, —, IBM's Jonathan Adashek, we're, OpenAI's, OpenAI, Claude, Gary Marcus, Sam Altman, Anthropic Organizations: Google, Service, Bloomberg, New York University, OpenAI, Business Locations: Silicon

☆ Get to the office if you want a promotion, ex-Google CEO says
▼ + stars: | 2024-11-15 | by ( Jaures Yip | ) www.businessinsider.com time to read: +5 min

Major tech companies have cracked down on fully remote work, including Amazon, Google, and Meta. Get into the office and soak up the knowledge within its walls, Google's former CEO says. Studies have also suggested that being fully remote decreases workers' productivity. Companies, including Amazon, JPMorgan, and Goldman Sachs, have ditched their remote work policies for full return-to-office mandates, with some even threatening to track performance or terminate those who don't comply. However, Google assured workers in October that it would not follow Amazon's expectations for staff to come into the office five days a week.

Persons: Eric Schmidt, Schmidt, —, unravels ChatGPT, Goldman Sachs, Mark Zuckerberg, Sam Altman, Eric misspoke Organizations: Amazon, Google, Service, Technologies, Street, Stanford's Institute for Economic Policy Research, Companies, JPMorgan, Meta, Fortune, Stanford University

☆ The top 10 family offices for startup investments
▼ + stars: | 2024-11-15 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

The top 10 family offices for startup investments made over 150 investments combined this year, in everything from biotech and energy to crypto and artificial intelligence, according to a new analysis. CNBC partnered with Fintrx, the private wealth intelligence platform, to analyze single family offices that made the largest number of investments in private startups in 2024. The most active family office so far this year is Maelstrom, the Hong Kong-based family office of American investor Arthur Hayes, who co-founded the crypto exchange BitMEX. For the sake of the list, family offices are defined as investment vehicles or holding companies of a single family or individual that don't manage money for outside investors. Nearly a third of startup capital in 2022 came from family offices, according to a PWC report.

Persons: Guillaume Houze, Pascal Le Segretain, Robert Frank, Bernard Arnault's, Laurene Powell Jobs, Peter Thiel's Thiel, Arthur Hayes, Guillaume Houzé, Motier, Andreesen Horowitz, Eric Schmidt, Magnus Carlsen, Fertility Organizations: Royal, Getty, CNBC, Fintrx, Ventures, Labs, Motier Ventures, Google, Flex, Mistral, Nvidia, Lightspeed, Atinum Investment, Emerson Collective . Thiel Capital Locations: Paris, France, Hong Kong, Lafayette, Seoul, Korea, Singapore

☆ From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
▼ + stars: | 2024-11-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +7 min

data center, in Navi Mumbai, India, on Thursday, Mar. Some of the options on the table include a pivot to nuclear, liquid cooling for data centers and quantum computing. A server room at a data center in India. Alongside nuclear energy and liquid cooling technology, some tech players have suggested developments within AI could help to decarbonize data centers. Aerial view of a data center owned by the US multinational and technology company Google in Santiago on October 9, 2024.

Persons: Somya Joshi, Frisio, Dhiraj Singh, Raj Hazra, Peter Herweck, Eric Schmidt, SEI's Joshi, Joshi, Hazra, Rodrigo Arangua Organizations: Yotta Data Services, Bloomberg, Getty, Big Tech, Stockholm Environment Institute, SEI, CNBC, International Energy Agency, Swiss, ABB, Microsoft, Google, Schneider Electric, Motivair Corp, Quantinuum, Afp, Honeywell Locations: Navi Mumbai, India, Mar, Stockholm, U.S, Santiago, South America, Quantinuum

☆ Former Google CEO Eric Schmidt says future wars will be fought by AI drones and calls tanks 'useless'
▼ + stars: | 2024-10-30 | by ( Hugh Langley | ) www.businessinsider.com time to read: +4 min

Eric Schmidt says drones are the future of warfare, calling the use of tanks "useless." AdvertisementEx-Google CEO Eric Schmidt said future wars will be fought by AI-powered drones, and urged the US military to do away with what he called "useless" tanks. In fact, buy 10, buy 20, buy 50, buy 100." Related Video Russian vs. Western-made tanks in the Ukraine warFor almost a decade, Schmidt has advised the US government and military on technology. AdvertisementAsked about the Russia-Ukraine conflict, Schmidt said he had been surprised by innovations in drone technology.

Persons: Eric Schmidt, Schmidt, —, He's, Sebastian Thrun, Forbes Organizations: Service, Future Investment Initiative, Department of Defense's Innovation, US National Security, Artificial Intelligence, Stanford University, Troops Locations: Ukraine, Saudi Arabia, Russia, Russian

☆ Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold
▼ + stars: | 2024-10-29 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

When asked whether it's been worth the cost ( $30 monthly per user in the case of Copilot), tech leaders say they aren't sure. According to recent Deloitte research, two-thirds of organizations are increasing gen AI investments based on "strong early value to date." There are multiple reasons why companies will still be short on confidence when it comes to enterprise AI adoption, according to Deloitte. The Azure cloud offering from its biggest AI partner and AI investment, OpenAI, is in use at nearly two-thirds of companies. Forty-six percent of CNBC survey respondents said that within their organizations at least half of employees are now using AI.

Persons: it's, Jim Rowan, Anthropic, Mistral, Eric Schmidt —, Morgan Stanley, Copilot, Rowan Organizations: CNBC, Microsoft, CNBC Technology, Council, Deloitte, Microsoft Microsoft, Fortune, Capital Group, Disney, Dow, Kyndryl, Novartis, Deloitte Consulting, Meta, Silicon, OpenAI, AIs Locations: Europe

☆ Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.
▼ + stars: | 2024-10-22 | by ( Jordan Pandy | Katie Balevic | ) www.businessinsider.com time to read: +12 min

The owner of a $137.5 million LA mansion says they're a victim of deed fraud and can't sell it. AdvertisementSpelling Manor's owner told the Journal through their lawyer that scammers filed a fraudulent deed with Los Angeles County earlier this year. The FBI's Internet Crime Complaint Center doesn't specifically track deed fraud. Gordon eventually got his property back after the title company signed a quitclaim deed that relinquished ownership, giving him his land back. Kiar said that in September, someone contacted a title company saying they had a vacant lot to sell in Hallandale Beach.

Persons: they're, —, Aaron Spelling, It's, Eric Schmidt —, scammers, Paul Harris, Tyler Adams, it's, Fraudsters, Victor Petrescu, LKLSG, Adams, Spelling, Elvis Presley, Elvis Presley's, Riley Keough, Jerod Harris, Lisa Jeanine Findley, Graceland, Findley, Scammers, William Gordon's, Gordon, Gabriella Cázares, Kelly, Petrescu, Daniel Kenigsberg, Marty Kiar, Kiar, hadn't, fraudsters Organizations: Service, Google, Wall Street Journal, Association, Spelling, BI, Mapleton, LA, Graceland, GAB, Getty, Naussany, NBC Miami Locations: Los Angeles, Beverly, Mapleton, Saudi, Angeles, Spelling, LA, Miami, Memphis , Tennessee, Missouri, Arizona, Pima County, Texas, —, Fairfield , Connecticut, Johannesburg, Broward County , Florida, Hallandale Beach

Deep-pocketed Republicans donors also tried to close the gap by boosting a GOP super PAC working to seize the Senate majority. America PAC has taken on a critical supporting role for the Trump campaign, according to its independent expenditure filings, which cover some spending beyond September 30. Tuesday’s filings show other conservative billionaires also plowing extraordinary sums into the effort to reelect Trump. Another leading pro-Trump super PAC, Restoration PAC, also reported a huge haul from a single major donor. Meanwhile, the Congressional Leadership Fund – the main super PAC supporting House Republicans – hauled in more than $81 million in the third quarter.

Persons: –, Miriam Adelson, Elon Musk, Donald Trump’s, Adelson, – Musk, Richard Uihlein –, megadonors, Kamala Harris, Harris, Musk, Trump, reelect Trump, Sheldon, Uihlein, Ike Perlmutter, Laura, Biden, Michael Bloomberg, Reid Hoffman, Steve Mnuchin, Dana White, White, Chuck Schumer, JB Pritzker, Eric Schmidt, Reed Hastings, Ken Griffin, Elliott, Paul Singer, Stephen Schwarzman, Republicans –, Timothy Mellon, Montana Sen, Jon Tester, Ohio Sen, Sherrod Brown, Tim Sheehy, Brown, Bernie Moreno, Eric Hovde, Democratic Sen, Tammy Baldwin, Baldwin, Colin Allred, Sen, Ted Cruz, Cruz, Nathan L, Democrat Adam Gray, Michelle Steel, Democrat Eugene Vindman, Trump’s, Vindman, Mary Peltola, CNN’s Kristen Holmes Organizations: CNN, Trump, PAC, Federal, Commission, Adelson, Democratic, Republican, GOP, White, House . America PAC, America PAC, Preserve, America, Restoration PAC, FF PAC, FF, New York, LinkedIn, Republican National Convention, Fund, Illinois Gov, Netflix, Citadel, Elliott Management, Blackstone Group, Congressional, Republicans, The New York Times, Democrats, West, Senate, Ohio, – Rep, Democrat, Alaska Rep Locations: Pennsylvania, California, New York, Preserve America, Michigan, Wisconsin, Pennsylvania , Wisconsin, Georgia, Lago, Florida, Montana, Michigan , Pennsylvania, Arizona, Maryland, Republican, Texas, Virginia’s, District, Alaska

☆ International investors descend on London as Labour tries to woo new business to Britain
▼ + stars: | 2024-10-14 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

LONDON — The U.K. Labour government is hoping to woo foreign capital to the country on Monday, as it hosts its inaugural International Investment Summit in London. Prime Minister Keir Starmer, Finance Minister Rachel Reeves and Business Minister Jonathan Reynolds will lead the one-day event at London's Guildhall, which is expected to be attended by around 200 executives from the U.K. and overseas. Former Google chair Eric Schmidt, Goldman Sachs CEO David Solomon and GSK CEO Emma Walmsley are among the named guests. Newly appointed Investment Minister Poppy Gustafsson, co-founder of British cybersecurity firm Darktrace, will also be on hand to promote the U.K. as a place to do business. The date was determined by Labour's pre-election pledge to hold a business summit within its first 100 days in office.

Persons: Keir Starmer, Rachel Reeves, Jonathan Reynolds, Eric Schmidt, Goldman Sachs, David Solomon, Emma Walmsley, Poppy Gustafsson, Dr, Bruce Morley, Labour's, Reeves Organizations: Labour, International Investment Summit, Business, London's Guildhall, British, CNBC, University of Bath, National Insurance, Capital, Guardian, Treasury Locations: London

☆ Former Google CEO Eric Schmidt: It's time for us to fully invest in AI infrastructure
▼ + stars: | 2024-10-08 | 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 EmailFormer Google CEO Eric Schmidt: It's time for us to fully invest in AI infrastructureFormer Google CEO Eric Schmidt argues it's time to fully invest in AI infrastructure, as current climate goals are too lofty to achieve.

Persons: Eric Schmidt

☆ Former Google CEO Eric Schmidt says we should go all in on building AI data centers because 'we are never going to meet our climate goals anyway'
▼ + stars: | 2024-10-06 | by ( Kenneth Niemeyer | Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

AI models require enormous data centers that threaten goals to reduce carbon emissions. Schmidt said "we are never going to meet" the goals anyway, suggesting we let AI solve the problem. AdvertisementFormer Google CEO Eric Schmidt says it's time for us to fully invest in AI infrastructure because climate goals are too lofty to reach anyway. The AI boom has spurred a wave of spending on data centers, which provide the computational power needed to train and run AI models. But the surge in development comes at a price, as data centers consume huge amounts of natural resources.

Persons: Eric Schmidt, Schmidt, —, Biden, Schmidt's, Schmidt —, it's, we're Organizations: Service, McKinsey, Washington DC, National Security, Artificial Intelligence, Stanford University Locations: Washington, Ukraine

☆ Meet the Enigmatic Man Who Oversees Larry Page's Google Fortune
▼ + stars: | 2024-09-16 | by ( Hugh Langley | ) www.businessinsider.com time to read: +22 min

His success has also helped fuel a boom in family offices, a financial structure pioneered by J.P. Morgan and popularized by the Rockefellers. Today there are thousands of family offices globally, with the total number tripling between 2019 and 2023, according to the data provider Preqin. To protect Page, Osborne has long remained hidden, the man behind the megabillionaire's curtain. AdvertisementThe small staff at Koop, Page's family office in Palo Alto, are fiercely committed to Page's privacy. Through his investment in Way2B1, Page is seeking to make money by monetizing the techniques he uses to make money.

Persons: Thomas, Larry Page, Wayne Osborne, Osborne, Koop, —, Wayne, Jeffrey Epstein, Gmail, Page, he's, Larry, Morgan, Morgan Stanley, hasn't, Justin Sullivan, hawking, Sergey Brin, George Pavlov, Mark Zuckerberg, Jeff Bezos, Melinda Lewison, Natasha Pearl, Aston Pearl, James Estrin, Helen Frankenthaler, Minerva, Joseph E, Brooks, Taylor, Mortimer Zuckerman, Zuckerman, he'd, who'd, Koop's, Ken Goldman, Eric Schmidt, Hugh Langley, Michael Floyd, Floyd, Page's, Lucy Southworth, Southworth, It's, Way2B1, it's, Gilles Martin, Hal Bailey Organizations: QS, Osborne, J.P, Google, Harvard Business School, Princeton Theological Seminary, Presbyterian Church, New York Times, Minerva, U.S . News, Boston Properties, Shell, CIA, Energy Technologies, Oceankind, Forbes, Business, Fiji Locations: New York, Caribbean, St, Palo Alto , California, Wayne, Mississippi, Connecticut, Silicon Valley, U.S, Silicon, Palo Alto, Koop, Nola, margarita, Way2B1, Fijian, superyachts, New Zealand, Fiji

☆ LVMH CEO Bernard Arnault's family office goes shopping for AI startups
▼ + stars: | 2024-08-19 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

The $220 million round in May, which also included Aglaé, valued H at $370 million, according to the company. While the amounts of Aglaé's investments aren't disclosed, the funding rounds for the AI firms totaled more than $300 million, according to Fintrx. Aglaé also invested in a $25 million seed round for Lamini, a Palo Alto, California-based startup building enterprise AI applications. Aglaé joined Susquehanna to invest in the $27 million seed round for Toronto-based Borderless AI, a human resource management platform. Arnault and his family are, however, big art collectors, and Aglaé was an investor in a $9.5 million funding round for LaCollection, a digital art platform.

Persons: Google's, Wendy, Eric Schmidt, Aglaé, Arnault, Robert Frank Organizations: Accel Partners, Google, CNBC, Fintrx, Aglaé Ventures, Susquehanna, Toronto, Music Media, Back, Netflix, Spotify Locations: Palo Alto , California, New York, Photoroom, France, Paris, Sonarverse, Irvine , California, San Francisco, French, LVMH, Airbnb

☆ Google's former CEO says the tech giant is losing out to OpenAI and Anthropic because staff are working from home
▼ + stars: | 2024-08-14 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

OpenAI and Anthropic have been giving Google a run for its money in the AI race. "The reason the startups work is because the people work like hell," Schmidt said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! AdvertisementRemote working has blunted Google's competitiveness in the AI race, says the company's former CEO and chairman, Eric Schmidt.

Persons: Eric Schmidt, Schmidt, —, Anthropic Organizations: Google, Service, Stanford University, Stanford, YouTube, Business

☆ Kamala Harris Can Be the Pro-Innovation President Silicon Valley Needs - The New York Times
▼ + stars: | 2024-08-03 | by ( Reid Hoffman | ) www.nytimes.com time to read: +1 min

There is a major opportunity for Vice President Kamala Harris and the Democrats in the House and Senate to set our country on a different course. At a time when massive technological shifts are happening around the world, what the former Google C.E.O. In this moment, we need a leader who recognizes that innovation is the key to economic prosperity, national security and breakthrough progress on climate change and other pressing issues. She was California’s attorney general during the smartphone boom of the 2010s, when tax revenues from tech company I.P.O.s and stock market gains turned California’s budget deficits into surpluses and reinforced the state’s standing as the world’s innovation leader. Ms. Harris’s familiarity with the needs of the tech industry and her ability to innovate and protect the public interest mark her as a 21st-century leader.

Persons: Kamala Harris, Eric Schmidt, America’s, Harris, Ms Organizations: Google Locations: Francisco’s

☆ The long tale of the yacht linked to a Russian oligarch and abandoned in the Caribbean for more than 2 years finally draws to a close
▼ + stars: | 2024-07-23 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +1 min

An undisclosed buyer picked up the Alfa Nero for $40 million last week. The sale ended an ownership tug-of-war, which included ex-Google CEO Eric Schmidt. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn undisclosed buyer has finally stepped up to the helm of the Alfa Nero superyacht, ending a two-year-long saga, Bloomberg reported on Tuesday. That buyer agreed last week to pay $40 million, a huge discount to the $67.6 million that former Google CEO Eric Schmidt bid last year, a deal he eventually abandoned.

Persons: Alfa Nero, Eric Schmidt, —, Alfa Nero superyacht Organizations: Alfa, Service, Bloomberg, Business Locations: Antigua, Barbuda

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