Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "technology's"


25 mentions found


An AI immigration dragnet vs. AI deregulation and growthRemaya Campbell, acting commissioner for Homeland Security for the District of Columbia, said that AI could automate immigration-related decision-making, bypassing traditional processes. "And in the Trump administration, that could certainly mean reinforcing intersectional biases to align with political priorities," she said. "Expectations are that a Trump administration would push for even more AI surveillance, potentially introducing autonomous patrols and expanding biometric screening," Sahota said. While this could improve border security, it could also spark concerns around privacy, particularly for those living near borders. She thinks AI will blossom and be deregulated in a Trump administration.
Persons: Alejandro Mayorkas, Biden's, Homan, Trump, Thomas Homan, Stephen Miller, Donald Trump, Petra Molnar, Harvard University's Berkman Klein, " Molnar, There's, Molnar, Remaya Campbell, Campbell, Neil Sahota, Sahota, Sahotra, Laura MacCleery, MacCleery, Marina Shepelsky, Shepelsky, Elon Musk Organizations: DHS, Department of Homeland Security, Artificial Intelligence, Security Board, Trump, . Immigration, Customs, NBC News, Intelligence, Harvard, Harvard University's Berkman Klein Center for Internet, Society, Democratic Party, Democratic, Homeland Security, District of Columbia, United Nations, Good Initiative, Trump . DHS's Customs, Border, Unidos U.S, Law, Elon Locations: United States, Tucson , Arizona, New York, Trump
Joan Cros | Nurphoto via Getty ImagesFrench telecoms giant Orange on Tuesday said it's partnering with Microsoft -backed OpenAI and Facebook-owner Meta to build custom artificial intelligence models designed to better understand regional African languages. Orange said it's working with OpenAI and Meta to develop custom AI models built on their respective Whisper and Llama open-source AI models — openly available systems that can be adapted to meet specific needs — that can understand West African languages not understood by most conversational systems. The open-source AI models will be provided externally by Orange with a free license for non-commercial uses including public health and education, the company said. Orange plans to expand its custom AI model initiative to eventually cover all 18 West African countries. In addition to using AI systems to improve customer service, Orange is also using the tech to improve a core part of its business: mobile networks.
Persons: MSFT ORA, Joan Cros, it's, Meta, Orange, Steve Jarrett, Orange's, Jarrett, Claude aren't Organizations: Mobile, Nurphoto, Getty Images, Microsoft, Facebook, Meta, CNBC, West Locations: Barcelona, Spain, Orange, United States, Europe, East, Africa, Senegal, Gambia, Mauritania, West
Fossil fuels still dominate the global energy mix at 81.5% in 2023, according to the Energy Institute. "It just goes to show how difficult it is to change the energy mix. It's because it takes time," said Lorenzo Simonelli, chairman and CEO of Baker Hughes, a global energy technology company. Takayuki Ueda, the representative director president and CEO of INPEX, a Japanese oil company, reiterated technology's role in the energy transition. Energy companies have been leaning on gas as a "reliable dispatch of power" to meet demand, said Maví Zingoni, CEO of Power at GE Vernova, an energy equipment manufacturing and services company.
Persons: Lorenzo Simonelli, Baker Hughes, Simonelli, Takayuki Ueda, Ueda, Maví Zingoni, Zingoni, Olivier Le Peuch, Le Peuch, CNBC's Dan Murphy Organizations: Energy Institute, CNBC, Energy, Power, GE Vernova, SLB Locations: Abu Dhabi
Professor Yoshua Bengio, at the One Young World Summit in Montreal, Canada, on Friday, Sept. 20, 2024Famed computer scientist Yoshua Bengio — an artificial intelligence pioneer — has warned of the nascent technology's potential negative effects on society and called for more research to mitigate its risks. Machines could soon have most of the cognitive abilities of humans, he said — artificial general intelligence (AGI) is a type of AI technology that aims to equal or better human intellect. Yoshua Bengio Head of the Montreal Institute for Learning AlgorithmsSuch outcomes are possible within decades, he said. There are arguments to suggest that the way AI machines are currently being trained "would lead to systems that turn against humans," Bengio said. Yoshua Bengio Head of the Montreal Institute for Learning AlgorithmsCompanies developing AI must also be liable for their actions, according to the computer scientist.
Persons: Yoshua Bengio, , Bengio, CNBC's Tania Bryer, That's, we're, OpenAIhas, It’s, Yoshua, — that's, OpenAI Organizations: Young, Summit, University of Montreal, Montreal Institute, Machines, Intelligence, CNBC, Learning Locations: Montreal, Canada, AGI, U.S, Rwanda, Swiss
Generative AI wasn't part of the lexicon for most of us during President-elect Donald Trump 's first four years in the White House. At a high level, generative AI is a cutting-edge form of technology that will shape the next decade and beyond. While the AI field has been around for decades, generative AI applications can create new content, including computer code, human-like text and images, in response to user prompts. Those that lead in generative AI will very likely shape the world as we know it. With 5G, Trump didn't just hope the U.S. could just fun faster than everyone else.
Persons: Donald Trump, ChatGPT, Kamala Harris, Trump, Elon Musk, OpenAI, JD Vance, Vance, Joe Biden's, Trump's, OpenAI's Sam Altman, Alphabet's Sundar Pichai, Jim Cramer, it's, Jim, they're, Jim Cramer's, Callaghan Organizations: Trump, Billionaire, Republican, Big Tech, Republican Party's, GOP, 5G, Mobile, Sprint, Verizon, Nvidia, Microsoft, Huawei, Biden, Deutsche Bank, South China, Taiwan Semiconductor Manufacturing, Apple, Washington, Intel, Eaton, Trust, CNBC, Convention Center, Callaghan O'hare Locations: Ohio, U.S, United States, America, We've, China, Taiwan, South, Beijing, Palm Beach, West Palm Beach , Florida
Tech giants have poured billions of dollars into AI, and "prompt engineering" is a lucrative, in-demand job. "That kind of technology is in all the leading companies and a lot of universities," said Gates. "They finished it in just a few months," wrote Gates, calling the achievement "the most important advance in technology since the graphical user interface [in 1980]." "Today, somebody could raise billions of dollars for a new AI company [that's just] a few sketch ideas," Gates said, adding: "Just believing in AI, that's not very unique. Start today and use coupon code EARLYBIRD for an introductory discount of 50% off through November 26, 2024.
Persons: Bill Gates, Gates, Berkshire Hathaway, Warren Buffett, Elon Musk, Peter Thiel, Reid Hoffman, He'd, OpenAI, stoking, that's Organizations: Tech, Microsoft, Columbia University, Berkshire, Apple, IBM, PayPal, LinkedIn, CNBC Locations: chatbots
Cramer's Lighting Round: S&P Global is a buy
  + stars: | 2024-11-05 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Broadcom's year-to-date stock performance. Stock Chart Icon Stock chart icon SkyWater Technology's year-to-date stock performance. Stock Chart Icon Stock chart icon IES Holdings' year-to-date stock performance. Stock Chart Icon Stock chart icon S&P Global's year-to-date stock performance. Stock Chart Icon Stock chart icon Merck's year-to-date stock performance.
Persons: SkyWater, they're, Jim Cramer's Organizations: Broadcom, SkyWater, IES Holdings, Merck
Now the Kingdom plans to cut its foreign investment to prioritize domestic spending. AI is the new focus of investment as Saudi Arabia looks to position itself as a global technology hub. AdvertisementSaudi Arabia is pulling back on its global spending spree to focus on domestic investments. In September, Saudi Arabia held the third Global AI Summit, attracting a host of high-profile leaders and dealmakers. The new focus on domestic investment comes as Saudi Arabia's spending on Neom, its futuristic megacity in the desert, hit $1 trillion.
Persons: , Yasir Al Rumayyan, we've, Al Rumayyan, Yasir Al, Rumayyan, Hamad I Mohammed, Uber, Andreessen Horowitz Organizations: Service, Public Investment Fund, Future Investment, Economic, REUTERS, Investors, Saudi Press Agency, Financial Times, Saudi, AI, Bloomberg, Sindalah Locations: Saudi, Saudi Arabia, Riyadh, Davos, Switzerland, Neom
[alt heds: OpenAI has hired its first chief economist – 3 things to know about him3 things you may not know about OpenAI's new chief economist]While no one knows exactly how artificial intelligence will reshape society, OpenAI plans to analyze the technology's potential economic impact. On Oct. 22, OpenAI named Dr. Aaron "Ronnie" Chatterji as its first chief economist. In this role, he will oversee research on a range of AI-related topics, including how AI innovations may impact the global economy and how the workforce can utilize AI tools both now and in the future, according to OpenAI's press release. While this move marks a first for OpenAI, it won't be Chatterji's first high-profile role. Here are three things you may not know about OpenAI's new chief economist.
Persons: OpenAI, , Aaron, Ronnie, Chatterji, Larry Summers Organizations: U.S . Treasury
Kelly directs the National Institute of Standards and Technology's recently created US AI Safety Institute, a group of top computer scientists and ethicists tasked with studying and addressing AI risks, particularly in relation to areas of national security, civil rights, and general public safety. It's expected to introduce testing standards for AI developers to make sure their systems are safe. Kelly, part of Business Insider's 2024 AI Power List, helped shape President Joe Biden's technology policy and assisted in drafting his executive order last year that focused on issues related to AI safety. Before that, Kelly was a special assistant to the president of the National Economic Council, where she led efforts in technology policy, including in AI. See Business Insider's full AI Power List
Persons: Kelly, Joe Biden's Organizations: National Institute of Standards, Safety Institute, National Economic Council, Capital
This article is part of "5G and Connectivity Playbook," a series exploring one of our time's most important tech innovations. But to get the most value out of it, organizations should focus on how it interacts with the complementary technologies surrounding it, Dan Crawford, a strategy manager at Cisco, said. BI spoke with Crawford about these challenges, the types of complementary technologies that can help companies boost connectivity, and how they could unlock 5G's full potential. What types of complementary technologies should companies focus on to enhance 5G's capabilities? How does breaking down siloes and focusing on complementary technology benefit businesses?
Persons: , Dan Crawford, Crawford, We're Organizations: Service, Cisco, 5G
Analysts told BI it points to continued AI chip growth in the short to medium term. ASML sells large lithography machines — which print circuit patterns onto silicon wafers — to chip manufacturers, including TSMC, Samsung, and Intel. Its customers include Nvidia, the GPU designer spearheading the AI chip boom, along with AMD and Qualcomm. This makes TSMC a good bellwether for AI chip demand. While a slowdown at ASML might suggest some caution, the bigger picture still points to a continued surge in AI demand.
Persons: TSMC, , Javier Correonero, Dan Hutcheson, TechInsights, It's, Correonero, TSMC's, CC Wei, Gokul Hariharan, Kate Leaman, Leaman Organizations: Service, Taiwan Semiconductor Manufacturing Company, TSMC, Samsung, Intel, Morningstar, Nvidia, AMD, Qualcomm, Taiwan, Broadcom, Reuters, CC, JPMorgan
Chinese robotaxi firm Pony AI files for U.S IPO
  + stars: | 2024-10-17 | by ( ) www.cnbc.com   time to read: +2 min
Pony AI, in which Japan's Toyota owns a 13.4% stake, revealed that its revenue nearly doubled to $24.7 million in the first half of 2024. Net loss attributable to the company was $51.3 million in the same period, compared with $69.4 million last year. The number of Chinese companies that pursued stock market flotations in the U.S. dropped in the past few years after Beijing clamped down on offshore capital-raising in 2021. EV maker Zeekr's debut in May was the first big listing by a Chinese company in the U.S. since then. Pony AI has applied to list on the Nasdaq stock exchange under the ticker symbol "PONY."
Persons: Saudi Arabia's NEOM, BingEx, Goldman Sachs Organizations: Toyota, U.S . Federal Reserve, Japan's Toyota, Saudi Arabia's, Zeekr's, Nasdaq, BofA Securities, Deutsche Bank, Huatai Securities, Tiger, underwriters Locations: Beijing, China, U.S, Saudi
The company launched its first Amazon Go convenience store featuring a new kind of technology, called "Just Walk Out." In 2020, the company began licensing Just Walk Out technology to third parties, signing on retailers in stadiums, airports and hospitals. The company discontinued some of its retail chains, closed eight Amazon Go stores, and hit pause on new Fresh store openings. While it's no longer featuring Just Walk Out as prominently in its own stores, Amazon says it has inked deals with a growing list of customers. Amazon in July updated the AI system behind its Just Walk Out technology to handle all the inputs in a store simultaneously.
Persons: Jeff Bezos, Charlie Rose, Bezos, Andy Jassy's, It's, Jordan Berke, Berke, Walmart's, Jon Jenkins, Jenkins, Amazon's, CNBC Jenkins Organizations: Amazon, Foods, Anadolu, Getty, Bloomberg, Walmart, Kroger, Target, CNBC Locations: San Mateo , California, United States, China, Seattle , Washington, Amazon's Seattle
Bhatnagar pointed to how Taiwan's Powerchip Semiconductor Manufacturing Corporation will help India's Tata Electronics to build the country's first 12-inch wafer fab in Gujarat. However, analysts said India first needs to learn the ropes before it can compete with the East Asian giant, especially since its semiconductor manufacturing industry is still at a very nascent stage. "India is far behind China in semiconductor manufacturing. Earlier in September, the U.S. Department of State announced it will partner with the India Semiconductor Mission and India's electronics and IT government body to improve the global semiconductor value chain. "We are encouraging [the] semiconductor industry in a big way.
Persons: Narendra Modi, Eri Ikeda, Trendforce, Bhatnagar, Rishi Bhatnagar, Ikeda, Cozying, Biden, Modi, Jensen Huang, Sundar Pichai, Huang, Thomas Caulfield, Lisa Su, Tarun Pathak, CNBC's Tanvir Gill, Goldman Sachs Organizations: Dixon Technologies, Bloomberg, Getty, India, Indian, CNBC, Department of Management Studies, Indian Institute of Technology, Semiconductor Manufacturing Corporation, Tata Electronics, Micron Technology, Devices, Tata Group, East, External, of Engineering, U.S . Department of State, India Semiconductor, Nvidia, Google, Hindustan Times, AMD, Counterpoint, Apple, Counterpoint Research Locations: Uttar Pradesh, India, Indian Institute of Technology Delhi, Taiwan, China, South Korea, U.S, Japan, Gujarat, American, China India, New York, New Delhi, Beijing
Read previewIn a Monday blog post, OpenAI CEO Sam Altman argued that massive investment in AI infrastructure is key to market dominance — and avoiding global conflict. "If we don't build enough infrastructure, AI will be a very limited resource that wars get fought over, and that becomes mostly a tool for rich people." Representatives for OpenAI did not respond to a request for comment from Business Insider. He noted that data centers consume tons of water for their cooling systems — some of which evaporates, so it cannot be reused. "Any human endeavor that involves an optimization challenge can be made more efficient through artificial intelligence," Coglianese said.
Persons: , Sam Altman, Altman, OpenAI, Alex de Vries, de Vries, Goldman Sachs, Shaolei Ren, he's, Ren, Cary Coglianese, Coglianese, we'll, I'm Organizations: Service, Business, Microsoft, BlackRock, White, Meta, Big Tech, University of California, University of Pennsylvania Locations: United States, United Nations, Riverside
The view of the Waymo depot from Sophia Tung's apartment. To be clear, Waymo's cars are impressive. AdvertisementA surveillance company reached out to Sophia Tung to upgrade her Waymo livestream equipment. Sophia TungSince it went up on YouTube, Tung's livestream has received a few upgrades. Every hour, a digital goose will also pop up somewhere on the screen — an homage to the once-honking cars, the engineer said.
Persons: , Sophia Tung, Tung, Sophia Tung's, Tung's, ennui, Waymo, BI's Peter Kafka, livestream, It's, Christine, John Carpenter's, Stephen King, Christine doesn't Organizations: Service, YouTube, Business, Logitech, Radio, San, PACE, Plymouth, NBC Bay Area Locations: Waymos, Market, San Francisco, Tung, Sophia, German
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies have not been held liable for potential AI harm, says Humane Technology's Tristan HarrisTristan Harris, The Center for Humane Technology co-founder, joins 'Power Lunch' to discuss the dangers of AI.
Persons: Tristan Harris Tristan Harris Organizations: Companies, The Center for Humane Technology
How Europe fell behindThe US and China have outpaced the EU on innovation. One of its biggest tech companies, Dutch semiconductor firm ASML, was founded 40 years ago. Europe's strategy to close the innovation gapMario Draghi thinks the EU should focus its attentions on AI. REUTERS/Yves HermanDespite its weaker position relative to the US and China, Draghi thinks the EU can devise a plan to close the innovation gap. Beyond AI, Draghi points to other measures to close the innovation gap, such as reforms to policies that he thinks hinder innovation, as well as addressing big funding issues.
Persons: , Mario Draghi, Draghi, European Central Bank —, Pedro Pardo, There's, Yves Herman, Musk, Mario Organizations: Service, Union, European Central Bank, Business, AFP, EU, Novo Nordisk, REUTERS, Tiger Global, Elon Musk Locations: Europe, China, EU, Silicon
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe tech slide follows a dramatic sell-off in Asia, with Japan's main stock market index, the Nikkei 225, ending 12.4% lower and other AI heavyweights such as SoftBank slid hard. By the end of the year, the company expects to spend up to $40 billion on AI research and product development. That's because AI's been touted as a technology as revolutionary as the internet and smartphones by tech luminaries like Bill Gates. If others really start to believe that's the case, it could mark the beginning of the end for the AI rally.
Persons: , Jensen, Warren Buffett's Berkshire Hathaway, SoftBank, Sundar Pichai, Susan Li, AI's, Bill Gates, Goldman Sachs, Jim Covello, Daron Acemoglu, it's, Blackwell, Elliott, Dan Ives Organizations: Service, Tech, Business, Nvidia, Apple, Microsoft, Nikkei, Google, Big, Investors, Meta, Elliott Management, Financial Times Locations: Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRefinancing has been a 'dead zone,' says ICE Mortgage Technology's Andy WaldenAndy Walden, vice president of enterprise research at ICE Mortgage Technology, joins 'Power Lunch' to discuss refinancing, the state of the housing market, mortgage rates, the FOMC meeting, and more.
Persons: Andy Walden Andy Walden Organizations: ICE, ICE Mortgage Technology
Cramer's Lightning Round: Lowe's is a buy
  + stars: | 2024-07-30 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Borr Drilling's year-to-date stock performance. Stock Chart Icon Stock chart icon Blackstone's year-to-date stock performance. Stock Chart Icon Stock chart icon Dexcom's year-to-date stock performance. Stock Chart Icon Stock chart icon Lowe's year-to-date stock performance. Stock Chart Icon Stock chart icon Joby Aviation's year-to-date stock performance.
Persons: Borr, Blackstone, Abbott, Edwards Lifesciences, Edwards, Joby, Marvell, Matt Murphy, Jim Cramer's Organizations: Borr, Boston Scientific, Joby, Marvell Technology, Marvell
AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.
Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York
AI companies in China are undergoing a government review of their large language models, aimed at ensuring they "embody core socialist values," according to a report by the Financial Times. The review is being carried out by the Cyberspace Administration of China (CAC), the government's chief internet regulator, and will cover players across the spectrum, from tech giants like ByteDance and Alibaba to small startups. AI models will be tested by local CAC officials for their responses to a variety of questions, many related to politically sensitive topics and Chinese President Xi Jinping, FT said. An anonymous source from a Hangzhou-based AI company who spoke with the FT said that their model didn't pass the first round of testing for unclear reasons. They only passed the second time after months of "guessing and adjusting," they said in the report.
Persons: Xi Jinping Organizations: Financial Times, Cyberspace Administration of China, CAC, U.S Locations: China, Hangzhou, Beijing
Read previewOne of the world's greatest Go players who was defeated by an artificial intelligence program warns that the technology may come with a rude awakening for humans as it advances. This story is available exclusively to Business Insider subscribers. 1 through frantic efforts," Lee told Yonhap News Agency at the time. "People used to be in awe of creativity, originality, and innovation," Lee told The Times. Noam Chomsky, a linguistics professor and philosopher, previously told Business Insider in 2023 that he was "skeptical" that artificial intelligence could make breakthroughs in studies like the arts.
Persons: , Lee, AlphaGo, Google's DeepMind, I've, Noam Chomsky, Steven Spielberg, Stephen Colbert, Spielberg Organizations: Service, Business, Yonhap News Agency, The New York Times, Go, The Times Locations: South Korean, Seoul
Total: 25