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☆ Real-estate agents are now TV stars as big as the homes they sell, according to 2 men who saw potential 20 years ago
▼ + stars: | 2024-06-30 | by ( Dan Latu | ) www.businessinsider.com time to read: +7 min

AdvertisementBut the process sparked an idea: Real-estate brokers might be stars who are just as big as the homes they sell. Real estate was not an easy sell to TV executives at firstThe cast of Barbato and Bailey's new show, "Owning Manhattan," on Netflix. For "Owning Manhattan," the duo said they filmed 20 different sales listings represented by Serhant and his fellow brokers, but only seven resulted in deals. In the first episode of "Owning Manhattan," Serhant shows off a listing atop the world's tallest residence, the three-story penthouse at Central Park Tower, asking $195 million. Viewers will follow Serhant in "Owning Manhattan" as he attempts to make his namesake brokerage firm the No.

Persons: —, Fenton Bailey, Randy Barbato, Debby Berg, Berg, Barbato, Bailey, Tracy Tutor, Altman, Ryan Serhant, Theo Wargo, he's, Gore, That's, dealmaking, Serhant, We're, They're Organizations: Service, Business, Hollywood, Los Angeles, Bravo, Netflix, Gore Vidal's, Tower Locations: Angeles, Los Angeles, New York City, LA, Brentwood, Beverly Hills, New York, Miami, San Francisco, Manhattan, Los Angeles and New York, Gore Vidal's Los Angeles, Real

☆ The copyright lawsuits against OpenAI are piling up as the tech company seeks data to train its AI
▼ + stars: | 2024-06-30 | by ( Kenneth Niemeyer | Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Leading tech companies like Google, Meta, OpenAI, Anthropic, and Microsoft are all scrambling to find new sources of data. Part of the problem is that publishers are increasingly accusing these companies of hoovering up copyrighted data. One solution is synthetic data, which is artificially generated rather than collected from the real world, and can easily be generated by machine learning algorithms. OpenAI has considered synthetic data as an option to train its models, but CEO Sam Altman has raised concerns about producing quality data. "As long as you can get over the synthetic data event horizon, where the model is smart enough to make good synthetic data, everything will be fine," Altman said at a tech conference in May 2023.

Persons: —, Simon, Schuster, OpenAI, they'll, Mother Jones, Monika Bauerlein, Axel Springer, Sam Altman, Altman Organizations: Service, Google, Microsoft, Meta, Business, US Copyright, Investigative, Center, Author's, New York Times, Guild, Associated Press, The, Street, New, New York Post, Prisa Media, Le Monde, Financial Times Locations: New York, The

☆ Sam Altman says Airbnb’s CEO gave him countless hours of advice on growing OpenAI: He was ‘almost always right’
▼ + stars: | 2024-06-28 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

OpenAI CEO Sam Altman says he leaned heavily on advice from his friend Brian Chesky — CEO and co-founder of Airbnb — after ChatGPT became a global phenomenon. Here's where you're behind, here's what you're screwing up, here's what you got to proactively do, here's what you got to think about.'" Chesky was "almost always right," Altman added. The hours of guidance impacted key areas of OpenAI's business, according to Altman: Chesky instructed him on who to hire and how to "map" out the company's strategy. More recently, Chesky told him that he was "probably not thinking enough about" the political consequences of the company's generative AI technology, Altman added.

Persons: Sam Altman, Brian Chesky, Airbnb, ChatGPT, Altman, Chesky, Altman's, Brian Organizations: Aspen Ideas, Microsoft

☆ One of the most powerful men in entertainment just called OpenAI's Sam Altman a 'con man' who can't be trusted
▼ + stars: | 2024-06-28 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Ari Emanuel, CEO of media conglomerate Endeavor, called for guardrails on artificial intelligence. But he said OpenAI CEO Sam Altman can't be trusted and the government needs to step in. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAri Emanuel, CEO of Endeavor, the sports and entertainment conglomerate, called OpenAI CEO Sam Altman a "con man" who can't be trusted with artificial intelligence.

Persons: Ari Emanuel, Sam Altman, —, Altman, Emanuel, Elon Musk Organizations: Endeavor, Aspen Ideas, Service, Ideas, Business

☆ Airbnb CEO on supporting OpenAI's Sam Altman: 'You learn a lot about people in a crisis'
▼ + 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 EmailAirbnb CEO on supporting OpenAI's Sam Altman: 'You learn a lot about people in a crisis'Airbnb CEO Brian Chesky sits down with CNBC's Andrew Ross Sorkin at the Aspen Ideas Festival to discuss his friendship with OpenAI's Sam Altman, Airbnb's AI developments, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.

Persons: OpenAI's Sam Altman, Brian Chesky, CNBC's Andrew Ross Sorkin Organizations: Aspen Ideas, NBCUniversal

☆ OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI
▼ + stars: | 2024-06-27 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

The news industry just gained a powerful ally in its effort to take on OpenAI. The Center for Investigative Reporting, the country's oldest nonprofit newsroom, sued OpenAI and lead backer Microsoft in federal court on Thursday for alleged copyright infringement, following similar suits from publications including The New York Times , Chicago Tribune and the New York Daily News. In December, The New York Times filed a suit against Microsoft and OpenAI, alleging intellectual property violations related to its journalistic content appearing in ChatGPT training data. Martin and Jodi Picoult, sued OpenAI last year, alleging copyright infringement in using their work to train ChatGPT. Reddit also announced in May that it will partner with OpenAI, allowing the company to train its AI models on Reddit content.

Persons: Sam Altman, OpenAI, OpenAI's, chatbot, Defendants, Monika Bauerlein, Bauerlein, Mother Jones, ChatGPT, Microsoft didn't, Jonathan Franzen, John Grisham, George R.R, Martin, Jodi Picoult, Reddit Organizations: Softbank Ventures, Center, Investigative, Microsoft, New York Times, Chicago Tribune, New York Daily News, of, The New York Times, Times, Southern, The Chicago Tribune, OpenAI, Time, News Corp, Wall Street, Barron's, New York Post, Apple Locations: Softbank Ventures Asia, Seoul, South Korea, Southern, of New York, U.S

☆ The 'worst moment' of Sam Altman's OpenAI ousting happened just before midnight, Airbnb CEO said
▼ + stars: | 2024-06-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Airbnb CEO Brian Chesky said the "worst moment" of Sam Altman's ousting happened around midnight. Chesky said Altman expected to get reinstated but OpenAI then announced Emmett Shear as CEO. Altman planned to go to Microsoft but Chesky said his friendship with Shear helped open a dialogue. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the hardest moment happened at midnight about two days in, according to an interview with Airbnb CEO Brian Chesky on CNBC.

Persons: Brian Chesky, Sam Altman's, Chesky, Altman, OpenAI, Emmett Shear, Shear, —, Sam Altman Organizations: Microsoft, Service, CNBC, Business Locations: OpenAI

☆ Releasing ChatGPT made OpenAI the poster company of the AI race. But winning it is proving really hard.
▼ + stars: | 2024-06-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read preview"Try talking with it here," Sam Altman wrote on X, linking to an "early demo" of ChatGPT. AdvertisementIt made OpenAI the poster child of the race to create human-like artificial general intelligence, which has become Altman's stated mission. OpenAI still has no release date for Sora, the model that generates videos based on users' text prompts and was first demonstrated publicly in February. AdvertisementThis month did give OpenAI something to celebrate; Apple announced that it was partnering with the company to bring ChatGPT to iPhones, iPads, and Macs. ChatGPT gave OpenAI a headstart in the race to make AGI.

Persons: —, Sam Altman, ChatGPT, Altman's, OpenAI, Scarlett Johansson, Altman, Sora, Sundar Pichai, Claude, OpenAI isn't Organizations: Service, Business, Tech, Microsoft, Apple, Google, Meta, ChatGPT, Chatbot Locations: Silicon Valley, GPT

☆ AI companies need to get society's input as they build out the technology, OpenAI CEO Sam Altman and Airbnb CEO Brian Chesky say
▼ + stars: | 2024-06-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Read previewAs companies and startups race to implement artificial intelligence into their products, Airbnb CEO Brian Chesky and OpenAI co-founder Sam Altman have a word of caution: Don't leave society behind. "I think that if everyone here could feel like they could participate and they could have their input into it, then I don't think there's a huge thing to fear," Chesky said. A few former board members accused Altman of lying to colleagues and creating a toxic culture through "psychological abuse." While researchers fear that AI will exacerbate the loneliness epidemic, Chesky believes the tool will "help bring people together." "At the end of the day, it's not the technology; it's the people with the technology," Chesky said, referring to those who are building with AI.

Persons: —, Brian Chesky, Sam Altman, Chesky, NBC News's Lester Holt, Altman, OpenAI's ChatGPT, ethicists, Sam didn't, Helen Toner, Jan Leike, Leike, it's Organizations: Service, NBC, Aspen Ideas, Business, OpenAI, Rhode Island School of Design

☆ It looks like Nvidia failed to soothe skittish investors
▼ + stars: | 2024-06-26 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Huang also failed to mention during the meeting when exactly the company's next-generation AI chip, Blackwell will become available, although he said it would be "the most successful product" in Nvidia's history. Nvidia serves over five million developers and 40,000 companies, including thousands of AI companies. Nvidia declined a request for comment from Business Insider.

Persons: —, it's, Jensen Huang didn't, Sam Altman, Elon Musk, Huang, Blackwell Organizations: Service, Microsoft, Business, Google, Nvidia

☆ Election Updates: J.D. Vance says he’ll be disappointed if Trump doesn’t pick him as his running mate.
▼ + stars: | 2024-06-26 | by ( Michael C. Bender | ) www.nytimes.com time to read: +9 min

And AIPAC’s attacks have galvanized a concerted countercampaign by the left to try to discredit the group, which is bipartisan, among Democratic voters. Mr. Latimer ran up large margins in more moderate suburban communities, including ones with sizable Jewish populations. Mr. Bowman’s opponents churned out an unusually large amount of opposition research against him, including old blog posts dabbling in Sept. 11 conspiracy theories. Mr. Latimer returned to the episode repeatedly to argue that Mr. “He’s making the party look really bad,” said Sandra Altman, citing Mr. Bowman’s fire alarm episode and his left-leaning views, as she voted for Mr. Latimer in Scarsdale.

Persons: Jamaal Bowman, ”, Bowman, George Latimer, Dave Sanders, Israel, Marshall Wittmann, Bernie Sanders, Alexandria Ocasio, Cortez, Gregg Vigliotti, Bernie Sanders of, Ayanna Pressley, ’, Latimer, Cori Bush, Biden, “, Bowman’s, Stephen Colbert, Cash Cobain, Ocasio, Sanders, Reagan, Paul Feiner, “ I’ve, he’s, ” Marsha Gordon, Ms, Gordon, “ Jamaal Bowman, Sandra Altman, “ He’s, ” Molly Longman Organizations: Democratic, Israel, Westchester County, AIPAC, The New York Times, American Israel Public Affairs Committee, ., The New York Times Left, Justice Democrats, Cortez of New York, Bernie Sanders of Vermont, Massachusetts, Jewish, Democratic Party, Mr Locations: York, New York City, Gaza, Westchester, Israel, New York, Bronx, Cortez of New, Mount Vernon, Missouri, Yonkers, Latimer, Scarsdale, “, N.Y

☆ These are the 5 US cities you should buy a home in before you get priced out of the housing market, says 'Million Dollar Listing' real estate investor
▼ + stars: | 2024-06-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Most of its residents are millennials, with its residents' median age being 33.6 years. As with Atlanta, most of its residents are millennials, with its residents' median age being 33.1 years. The median age of San Diego residents is 35.8 years. But it's also true that housing in San Diego trends toward the pricier end. San Diego, along with four other Californian cities, was marked as "impossibly unaffordable," according to the 2024 Demographia International Housing Affordability report.

Persons: —, Josh Altman, Altman, Sean Pavone, Eric Johnson, Pengyu Cheng, Michael Warren, Wager, it's, Altman didn't Organizations: Service, Business, Getty, Dallas, Texas, Popular, Disney, San Locations: Atlanta, Dallas, Orlando, Phoenix, San Diego, Texas, California, San Francisco, Eola, Miami, Arizona's, San Diego , California, Los Angeles, US

☆ OpenAI's CTO treats creativity like a problem to be solved — and that itself is the problem
▼ + stars: | 2024-06-25 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +9 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Advertisement"These people treat creativity like a problem to be solved," he continued. "All these things shouldn't be there in the first place, but all these things are work that some people have to do. "I think we need to have an honest public debate about the advantages, but also the pitfalls and dangers of AI technology," Astray said.

Persons: —, Mira Murati, Jeffrey Blackburn, ChatGPT, Murati, Ed Zitron, Zitron, Boris Eldagsen, OpenAI's DALL, Eldagsen, FABRIZIO BENSCH, Miles, doesn't, OpenAI, Sam Altman Organizations: Service, Business, Dartmouth, OpenAI, Sony, Reuters Locations: OpenAI

☆ Nvidia CEO Jensen Huang shouts out OpenAI cofounder Ilya Sutskever for sparking 'the big bang of deep learning'
▼ + stars: | 2024-06-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

OpenAI cofounder Ilya Sutskever left his company in May after a failed attempt to oust Sam Altman. He announced on June 19 that he would start a new AI project called "Safe Superintellgence Inc."Nvidia CEO Jensen Huang said Sutskever's past work sparked the "big bang of deep learning." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNvidia CEO Jensen Huang had high praise for Ilya Sutskever, the OpenAI cofounder who left his company after a chaotic attempt to oust its chief executive, Sam Altman.

Persons: Ilya Sutskever, Sam Altman, Jensen Huang, — Organizations: Inc, Nvidia, Service, California Institute of Technology, CNN, Business

What's next: Media Matters filed a motion to dismiss Musk's lawsuit in March, but a judge has yet to rule. VCG/GettyGovernment lawsuits and investigationsSEC investigation into Musk's Twitter takeoverThe issues: The Securities and Exchange Commission is investigating Elon Musk's Twitter purchase. Matt Winkelmeyer/Getty ImagesPersonal lawsuits against MuskTornetta v. MuskThe issues: Tesla shareholder Richard Tornetta sued Musk and Tesla in a class action lawsuit regarding Musk's compensation package, which was worth $55.8 billion at the time. Several lawsuits also allege Musk discriminated against them because of their race, gender, or disability in choosing to fire them. The executives were set to receive golden parachutes, but claim Musk and X have not paid them out.

Persons: —, Elon Musk, Musk, Claire Boucher, Grimes, Alex Spiro, Sam Altman, Donald Trump, Spiro, Anna Webber, Angelo Carusone, What's, Gina Carano, Schaerr Jaffe, Tesla, Musk's, Elon, SEC hasn't, Elon Musk's, who've, Owen Diaz, Matt Winkelmeyer, Richard Tornetta, Kimbal Musk, He's, Boucher, Benjamin Brody, Brody, Brody reverberated, Ben Brody, didn't, Robert Kaiden, Kaiden, he's, Agrawal, Parag Agrawal, Ned Segal, Twitter Vijaya Gadde, Sean Edgett, Segal, hadn't Organizations: Service, SpaceX, Business, OpenAI, SEC, Trump, Trump —, Elon, Variety, Media, X Corp, Disney, National Labor Relations Board, UAW, Tesla, Getty Government, Twitter, Securities, Exchange Commission, Justice Department, Reuters, Traffic, Administration, NHTSA, Apple, NLRB, Musk's SpaceX, US, Employment Opportunity, Musk, Nazi, Litigation Locations: Texas, Texas and Missouri, America, Nazi Germany, California, Delaware, San Francisco

☆ This new technology for nuclear power could help fuel the AI revolution
▼ + stars: | 2024-06-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

Scientists have long considered nuclear energy one of the cleanest and most reliable forms of energy production. Tech companies at the forefront of the AI revolution are also turning to nuclear energy to power their vast AI data centers. A new fuel cycle for nuclear powerTransmutex's technology destroys nuclear waste and produces new nuclear fuel. AdvertisementNuclear physicists say the company's technology avoids one of the biggest concerns with nuclear energy: that the same fuel used to power nuclear plants can also be used to manufacture atomic weapons. Oklo, a startup backed by OpenAI CEO Sam Altman, is betting on generating nuclear power through small nuclear reactors.

Persons: —, Jennifer Granholm, Franklin Servan, Schreiber, Transmutex, Cameron Porter, Andrei Afanasev, George, Afanasev, Mark Zuckerberg, Sam Altman, nicolas lieber, photographie Servan Organizations: Service, Business, US, . Tech, Steel, George Washington University's Institute for Nuclear Studies, Department of Energy, Energy Locations: Swiss, Switzerland, United States, Saudi Arabia, Transmutex, Georgia

☆ Roger Altman on national deficit: Only solution to this will involve both sides of the equation
▼ + stars: | 2024-06-20 | 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 EmailRoger Altman on national deficit: Only solution to this will involve both sides of the equationRoger Altman, Evercore founder and senior chairman, joins 'Squawk Box' to discuss the state of the economy, the CBO's new federal budget deficit projection, potential solut

Persons: Roger Altman Organizations: Evercore

☆ Donald Sutherland Didn’t Disappear Into Roles, and That Was a Good Thing
▼ + stars: | 2024-06-20 | by ( Alissa Wilkinson | ) www.nytimes.com time to read: +2 min

If you did, you’d remember him, maybe a little uneasily. His voice could clear a range from excitedly high to a menacing bass that would make you feel like ducking for cover. His turn as the titular private detective opposite Jane Fonda in Alan Pakula’s 1971 “Klute” rides a tricky knife’s edge — is he a good guy? Sutherland worked constantly and, unlike some actors of his generation, never really seemed like he belonged to a single era. In the book, he’s sardonic and contemptuous of all but his oldest two daughters, Jane and Lizzy; the reader doesn’t walk away with particularly warm feelings about him.

Persons: Donald Sutherland, wasn’t, he’d, “ we’ve, Sutherland, Jane Fonda, Alan Pakula’s, Philip Kaufman’s, ”, X, Oliver Stone’s, Hawkeye Pierce, Robert Altman’s, Vernon, Pinkley, Robert Aldrich’s, Joe Wright’s, Bennet, Jane Austen’s, Jane Organizations: GQ

☆ The man who dared to revolt against Sam Altman at OpenAI just started a research lab promoting 'safe superintelligence'
▼ + stars: | 2024-06-20 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewOpenAI cofounder and former chief scientist Ilya Sutskever announced his new venture on Wednesday — a research lab committed to developing "safe superintelligence." "I am starting a new company," Sutskever said of his new project, Safe Superintelligence Inc. (SSI) in an X post. I am starting a new company: https://t.co/BG3K3SI3A1 — Ilya Sutskever (@ilyasut) June 19, 2024According to SSI's website, the lab has "one goal and one product: a safe superintelligence." AdvertisementRepresentatives for Safe Superintelligence and OpenAI didn't immediately respond to requests for comment from BI sent outside regular business hours. Following Altman's return, Sutskever appeared to have been shut out of OpenAI, BI reported in December, citing people familiar with the situation.

Persons: —, Ilya Sutskever, Sutskever, BG3K3SI3A1 — Ilya Sutskever, Daniel Gross, Daniel Levy, Ashlee Vance, Bloomberg's Vance, OpenAI didn't, Elon Musk, Sam Altman's, Altman, Altman's, OpenAI, splintering, Dario, Daniela Amodei Organizations: Service, Superintelligence Inc, Business, SSI, Apple, BI, OpenAI, Amazon, Google Locations: OpenAI

☆ Houses are sitting on market longer than in the past, says real estate agent Josh Altman
▼ + stars: | 2024-06-20 | 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 EmailHouses are sitting on market longer than in the past, says real estate agent Josh AltmanHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Josh Altman, Brian Sullivan, “ Organizations: CNBC

☆ He tried to oust OpenAI’s CEO. Now, he’s starting a ‘safe’ rival
▼ + stars: | 2024-06-20 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —The OpenAI co-founder who left the high-flying artificial intelligence startup last month has announced his next venture: a company dedicated to building safe, powerful artificial intelligence that could become a rival to his old employer. Ilya Sutskever announced plans for the new company, aptly named Safe Superintelligence Inc., in a post on X Wednesday. Sutskever then worked on Google’s AI research team, before helping to found what would become the maker of ChatGPT. It’s also not clear exactly what the new company thinks of as “safety” in the context of highly powerful artificial intelligence technology. “By safe, we mean safe like nuclear safety as opposed to safe as in ‘trust and safety,’” Sutskever told Bloomberg in an interview published Tuesday.

Persons: Ilya Sutskever, Sutskever, Geoffrey Hinton, Sam Altman, Altman, Kara Swisher, ”, It’s, ” Sutskever, OpenAI, Jan Leike, Daniel Levy, Daniel Gross Organizations: New, New York CNN, Superintelligence Inc, SSI, Google, CNN, Bloomberg, Apple Locations: New York, OpenAI, “, Palo Alto , California, Tel Aviv, Israel

Ilya Sutskever, Russian Israeli-Canadian computer scientist and co-founder and chief scientist of OpenAI, speaks at Tel Aviv University in Tel Aviv, June 5, 2023. OpenAI co-founder Ilya Sutskever, who left the artificial intelligence startup last month, introduced his new AI company, which he's calling Safe Superintelligence, or SSI. "I am starting a new company," Sutskever wrote on X on Wednesday. Altman and Sutskever, along with other directors, clashed over the guardrails OpenAI had put in place in the pursuit of advanced AI. "I deeply regret my participation in the board's actions," Sutskever wrote in a post on X on Nov. 20.

Persons: Ilya Sutskever, OpenAI, Sutskever, Jan Leike, OpenAI's, Leike, Daniel Gross, Daniel Levy, Sam Altman, Altman, we've Organizations: Tel Aviv University, SSI, Microsoft, Apple Locations: Russian Israeli, Canadian, Tel Aviv, Palo Alto , California

☆ OpenAI Co-Founder, Who Helped Oust Sam Altman, Starts His Own Company
▼ + stars: | 2024-06-19 | by ( Cade Metz | ) www.nytimes.com time to read: 1 min

Ilya Sutskever, the OpenAI co-founder and chief scientist who in November joined other board members to force out Sam Altman, the company’s high-profile chief executive, has helped found a new artificial intelligence company. The new start-up is called Safe Superintelligence. It aims to produce superintelligence — a machine that is more intelligent than humans — in a safe way, according to the company spokeswoman Lulu Cheng Meservey. Dr. Sutskever, who has said he regretted moving against Mr. Altman, declined to comment. She said that as it builds safe superintelligence, the company will not release other products.

Persons: Ilya Sutskever, Sam Altman, Lulu Cheng Meservey, Sutskever, Altman, Meservey Organizations: Mr, Bloomberg Locations: OpenAI

☆ What’s next for the stock market? Here’s one thing you could do if shares start sinking
▼ + stars: | 2024-06-17 | by ( Krystal Hur | ) edition.cnn.com time to read: +8 min

The market has been on a tear in 2024, driven higher by robust corporate earnings and the artificial intelligence boom. Traders expect the Fed to begin easing rates in September at the earliest, according to the CME FedWatch Tool. If inflation is cooling down but the Fed is still expected to keep its key lending rate higher for longer, what does that mean for the stock market? The data will tell us that, but I think the big takeaway for us is [inflation] going in the right direction. Do you expect some of the cash that’s on the sidelines to enter the stock market?

Persons: Price, Wall, Bell, Jack Janasiewicz, Jerome, Powell, we’re, it’s, wouldn’t, you’re, Hilary Whiteman, Read, Sam Altman, Steve Wozniak, OpenAI, Altman, Samantha Murphy Kelly, Tim Cook, ”, Ben Wood, “ Apple, Siri Organizations: CNN Business, Bell, New York CNN, Federal, Nasdaq, Fed, Traders, Solutions, You’re, Apple, Insight, CNN, Apple Intelligence Locations: New York, United States, West Coast, Hawaii, California, San Jose , Los Angeles, San Francisco, San Diego, Honolulu, Australia, Sydney, Melbourne, Victoria, Adelaide, South Australia

☆ As Social Security faces looming fund depletion, there's fierce debate over whether a commission can help
▼ + stars: | 2024-06-15 | by ( Lorie Konish | ) www.cnbc.com time to read: +9 min

"A vote for a commission is a vote to cut Social Security," the man shouted before he was escorted off the floor. How the last major reforms, in 1983, came togetherPresident Ronald Reagan signs the Social Security Act Amendment into law on April 20, 1983. The changes involved taxes on Social Security benefits, increases to payroll tax rates, a future increase to the retirement age and a near-term postponement of cost-of-living adjustments. Social Security Commission Chairman Alan Greenspan, left, shakes hands with Sen. Charles Grassley, R-Iowa, prior to a Social Security hearing on Feb. 15, 1983. Lawmakers divided on best path forwardToday, lawmakers are divided on the best path forward to address Social Security.

Persons: —, Scott Peters, Peters, Bill Huizenga, Joe Manchin, Mitt Romney, — Rep, John Larson, Connecticut —, It's, " Larson, Larson, Nancy Altman, Ronald Reagan, Alan Greenspan, Greenspan, Jim Baker, Reagan, Tip O'Neill, Robert M, Ball, O'Neill, Sen, Charles Grassley, Bob Dole, John Danforth, Altman, Bruce D, Schobel, Elizabeth Warren, Bernie Sanders, California —, they're, Hakeem Jeffries, Conn, Brian Higgins, Jimmy Gomez, Jeffries, Dan Kildee, Richard Neal, Tom Williams Organizations: iStock, Social, Social Security, AARP, CNBC, Rep, Democratic, Corbis, National Commission, Social Security Reform, Greenspan, Federal Reserve, House, White, Finance, Economic Policy Institute, Republican, Greenspan Commission, Senate Finance, Bettmann, Getty, Congress, Democratic House, White House, Democrats, Security, Capitol Visitor Center, CQ, Inc Locations: Sens, R, Utah, Connecticut, Massachusetts, Iowa, California, D

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