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☆ Jobseekers and Recruiters Are Both Using AI in Hiring. It's Chaos.
▼ + stars: | 2024-05-16 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +11 min

They can now add AI recruiting systems to that pile. It turns hiring into a depersonalized process, it inundates hiring managers, and it reinforces weaknesses in the system it's designed to improve. AI is supposed to fix this mess, saving companies time and money by outsourcing even more of the hiring process to machine-learning algorithms. Platforms like LinkedIn and ZipRecruiter have started using generative AI to offer candidates personalized job recommendations and let recruiters generate listings in seconds. Several seasoned recruiters told me they hadn't incorporated AI into their workflow beyond auto-generating job descriptions and summarizing candidate calls.

Persons: Josh Holbrook, Holbrook, I've, Rik Mistry, Ian Siegel, —, ZipRecruiter, weren't, it's, Tatiana Becker, Becker, Pallavi Sinha, Sinha, Kerry McInerney, Danielle Caldwell, chatbot, Caldwell, Mclnerney, Peter Laughter, who's, Bonnie Dilber, Dilber, Aki Ito, Sandra Wachter, Wachter, David Francis Organizations: Business, Society for Human Resource Management, LinkedIn, Unilever, Google, BI, Microsoft, University of Cambridge, University of Sussex, Berkeley Haas Center for Equity, Gender, Leadership, Black, University of Oxford, IBM, Talent Tech Labs Locations: Alaska, HireVue, Humanly, Portland , Oregon, Zapier

☆ Watch CNBC's full interview with Shailendra Singh, managing director of Peak XV Partners, one of Asia's biggest venture capital firms
▼ + stars: | 2024-05-16 | by ( Tanvir Gill | ) 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 Shailendra Singh, managing director of Peak XV Partners, one of Asia's biggest venture capital firmsPeak XV Partners, formerly Sequoia Capital India and Southeast Asia, has invested in over 400 companies in the technology, software, financial services and consumer space. They include fintech firm Pine Labs, Singapore-based online retailer Carousell, Indonesian ride-hailing giant Gojek as well as Indian edtechs Byju's and Unacademy.

Persons: Shailendra Singh Organizations: XV Partners, Asia's, Sequoia Capital, Labs Locations: Sequoia, Sequoia Capital India, Southeast Asia, Singapore

While he suffered in wet running shoes all day, a few of the guides around him were wearing Teva sandals. In the last 30 years, Paigen's take on the sport sandal, Chaco, has become a cult favorite among outdoor adventurers worldwide. With the sandal design finalized, all that was left to decide was a name. AdvertisementTaking a closer look at the Chaco Z/1 Classic SandalChaco now sells many different sandal styles. For years I was firmly against wearing sandals, but I've softened my stance recently.

Persons: Mark Paigen, Paigen's, Paigen, I've, I'm, Chacos, — Sally Kaplan, they'd, Lavender, couldn't, Connie Chen, Chaco, — Breton Fischetti, REI Organizations: Business, Wolverine Worldwide, Urban Outfitters, Commerce Urban, Amazon, Nordstrom, Nike Locations: Colorado, Chaco, New York, —

☆ China is still an important market even if investors diversify from it now, says Peak XV
▼ + stars: | 2024-05-15 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

China will remain an important market for investors in the long term, even if other countries are now benefiting from investments flowing out of China amid escalating tensions with the U.S., according to Peak XV Partners, formerly Sequoia Capital India and Southeast Asia. "The China Plus One strategy, in terms of sourcing and so on, is definitely benefiting places like India, Southeast Asia," said Shailendra Singh, managing director of Peak XV Partners, one of Asia's biggest venture capital firms with $9 billion of assets under management. Last year, Sequoia split into three independent geographic units – Sequoia Capital in the U.S. and Europe, Peak XV Partners in India and Southeast Asia and HongShan in China. Peak XV has invested in over 400 companies in the technology, software, financial services and consumer space. They include fintech firm Pine Labs, Singapore-based online retailer Carousell, Indonesian ride-hailing giant Gojek as well as Indian edtechs Byju's and Unacademy.

Persons: Shailendra Singh, Singh, CNBC's Tanvir Gill Organizations: U.S, XV Partners, Sequoia Capital, Asia's, Sequoia, Partners, Labs Locations: China, Sequoia, Sequoia Capital India, Southeast Asia, India, U.S, Europe, HongShan, Washington, Beijing, Singapore

☆ Inside the life and career of Larry Page, Google's co-founder and first CEO
▼ + stars: | 2024-05-15 | by ( Avery Hartmans | Lakshmi Varanasi | ) www.businessinsider.com time to read: +13 min

AdvertisementSo who is Larry Page and how did he get to where he is today? AdvertisementPage and Sergey Brin create GoogleGoogle co-founders Sergey Brin and Larry Page met as students at Stanford. Google's parent company, Alphabet, has developed self-driving cars through Waymo, the company formerly known as the Google Self-Driving Car project. Page's personal lifeGoogle cofounder Larry Page and his wife, the scientist Lucinda Southworth C Flanigan/FilmMagicThroughout it all, Page has kept information about his personal life closely guarded. Life after GoogleGoogle cofounder Larry Page bought Cayo Norte, an island in Puerto Rico.

Persons: —, Larry Page, Sergey Brin, Page, Sundar Pichai, Gloria, Carl Page —, Larry, what's, Nikola Tesla, he's, Brin's, BackRub, Brin, Eric Schmidt, Schmidt, Andy Rubin's, he'd, Andrew Kelly, Sergey, Lucinda Southworth C, Lucinda Southworth, Richard Branson, Page's, Carl Victor Page, Carl Page, He's, Hugh Langley Organizations: Service, Google, Business, Michigan State University . Education, Getty, Michigan State University, The, Montessori, Google Google, Stanford, Associated Press, University of Michigan, Labs, Reuters Page, Virgin Group, Investments, Carl Victor Page Memorial Foundation, Zee Aero, Pacific, Virgin Island, Atomic Locations: Michigan, Waymo, Toronto, Stanford, Caribbean, Palo Alto, Cayo Norte, Puerto Rico, Koop, Tavarua, Fiji

The National Security Agency collected the intelligence that gave US officials insights into China and Iran’s capabilities in producing deepfakes, one of the sources said. At a briefing last week, FBI officials warned that AI increases the ability of foreign states to spread election disinformation. US officials have maintained a high level of visibility into the AI and deepfake advancements made by countries including China, Iran and Russia since the 2020 election. Nearly 70% of Republicans and Republican-leaners said that President Joe Biden’s 2020 election win was not legitimate, according to a CNN poll released in August. The 2024 US election will present new opportunities for foreign influence operations.

Persons: “, ”, Lee Foster, Foster, ” Foster, leaners, Joe Biden’s, Donald Trump Organizations: CNN, National Security Agency, NSA, Intelligence, US, Labs, “, Republican, Pew Research Center, FBI, Kyiv Locations: China, Iran, Russia, United States, Ukraine, Ukraine –

Maps Show Scarce Shelter and Medical Care as Rafah Operation Is UnderwayHundreds of thousands of Gazans have fled the southern region of Rafah over the past week, after Israel has expanded its evacuation orders amid continued bombardment and fierce fighting there. Satellite imagery taken after the May 6 incursion shows extensive new damage to eastern parts of Rafah. Additional damaged buildings were identified in satellite imagery collected from May 5 to May 7. As of Tuesday, new high resolution satellite imagery of the evacuation area in Rafah was not available after May 7. ISRAEL Rafah crossing N EGYPT Kerem Shalom crossing 1 mile Source: World Health Organization; International Committee of the Red Cross press releases Note: Data is as of May 14.

Persons: Younis, Copernicus, Israel, Corey Scher, Den, Abu Yousef al, EGYPT Al Helal, Helal, EGYPT Kerem Organizations: Planet Labs, The New York Times, Health, United Nations, The United Nations, New York Times, Copernicus Sentinel, CUNY, Center, Den Hoek of Oregon State University, Labs, Najjar, Maternity, Health Organization, International Committee, Red Cross Locations: Rafah, Israel, Gaza, Rafah Egypt Israel Rafah, Kerem Shalom, Israel Egypt Rafah, Egypt, GAZA, Rafah ISRAEL EGYPT Rafah, Rafah ISRAEL EGYPT, Shalom, Den Hoek of, Kuwait, EGYPT, EGYPT Al Helal Al, ISRAEL Rafah, Helal Al, EGYPT Kerem Shalom, Jabaliya, Gaza City

☆ Google's Gmail of the future looks incredible
▼ + stars: | 2024-05-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Read previewOne of the big takeaways from Google's big developer conference on Tuesday was just how incredible Gmail looks like it's about to get. But the coming updates and seemingly smooth integration of Google's AI model Gemini could take Gmail to the next level. AdvertisementQ&AThe Q&A function allows Gmail users to simply ask a question that Gemini can answer by referencing all of their emails and attachments. AdvertisementIntegration into other Workspace productsGoogle also showed just how well integrated the Gmail of the future could be with other Workspace products, like Google Sheets. Overall, Google's demonstrations showed just how impressive AI-powered features could be in Gmail.

Persons: —, Aparna Pappu, Pappu, Gemini, Gemini's Organizations: Service, Gmail, Business, Google, Knicks, Gemini

☆ OpenAI wants you to think GPT-4o is your new best friend
▼ + stars: | 2024-05-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewWhether you like it or not, Sam Altman just let you know you're getting an AI best pal. Advertisement"I see you're rocking an OpenAI hoodie, nice choice," ChatGPT told a user in one demo. the AI bot said, before delivering a story about a robot named Bite in dramatic, singing, and robotic voices, depending on the request from the user. This is where AI labs are leading us: to a near future of AI as coworker, friend, and ubiquitous presence," Mollick wrote on Substack. AdvertisementIt's something its rivals will pay close attention to, with the possibility of a new battle emerging between companies trying to release the most human, friendly AI bot they can.

Persons: —, Sam Altman, Mira Murati, Altman, Scarlett Johansson, Spike Jonze's, ChatGPT, Barrett —, he'd, Joaquin Phoenix's, Samantha, Ethan Mollick, Mollick, OpenAI, Mustafa Suleyman, Siri Organizations: Service, Business, Wharton University, Microsoft, Apple

☆ Google rolls out its most powerful AI models as competition from OpenAI heats up
▼ + stars: | 2024-05-14 | by ( Jennifer Elias | ) www.cnbc.com time to read: +2 min

At Google I/O on Tuesday, the company announced Gemini 1.5 Flash, the newest addition to the Gemini model series. OpenAI on Monday launched a new AI model and desktop version of ChatGPT, along with a new user interface. Gemini 1.5 Pro will soon be able to handle an hour of video content, or codebases with more than 30,000 lines, Hsiao said. Gemini 1.5 Pro will initially be available for testing in Workspace Labs. Gemini 1.5 Flash will be available for testing and in Vertex AI, which is Google's machine learning platform that lets developers train and deploy AI applications.

Persons: Demis Hassabis, Hsiao, Sundar Pichai, Gemini Organizations: Google, Gemini, Monday

☆ Microsoft and Amazon to invest $5.6 billion into France as Macron courts tech giants
▼ + stars: | 2024-05-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Microsoft said in a statement Monday that it's committing 4 billion euros ($4.3 billion) toward expanding its cloud and AI infrastructure in France, in addition to funding AI skilling and support for France's technology industry. The announcement was made during the "Choose France" summit, a gathering dedicated to encouraging foreign investment in France. Amazon, meanwhile, made a commitment of its own to invest 1.2 billion euros in France. Collectively, the commitments from Microsoft and Amazon to France amount to $5.6 billion of funding. In total, France reportedly bagged a record 15 billion euros of investment commitments from foreign companies at an annual "Choose France" summit on Monday.

Persons: it's, ”, Brad Smith, “, —, Frederic Duval, Duval, Emmanuel Macron, Macron, Redmond Organizations: Microsoft, Amazon, Facebook, FAIR, Mistral Locations: Athens, Greece, France, French, Mulhouse, Amazon's, Paris, Washington, Mistral

☆ A Chinese criminal ring has stolen $50 million by franchising thousands of fake online shops, experts say
▼ + stars: | 2024-05-12 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

The group, known as 'BogusBazaar,' has processed over $50 million in fake orders, the study found. As the rise of online shopping took hold during the pandemic, so did the rise of fake online shops and products. Instead, the sites harvest credit card details and collect payments for the fake merchandise. AdvertisementThe fake shops processed over $50 million in orders between March 2021 and April 2024, SR Labs says. But the exposure of credit card details to the scammers will likely "add to the overall damage."

Persons: — Organizations: Service, Labs, SR Labs, Business Locations: Europe, German, France, United States, Western Europe, China

☆ Buy, sell or hold? Knowing a stock's PEG ratio can help decide. What it is and how to use it
▼ + stars: | 2024-05-12 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

The PEG ratio, as referenced in the question, takes the price-to-earnings ratio and divides it by a company's projected long-term earnings growth rate. As a general rule, a PEG ratio of 1 or lower indicates you're getting future growth at a good value. That's what the PEG ratio attempts to capture. Keep in mind that we also collect a dividend to compensate us for any lack of earnings growth. These factors outweigh the PEG ratio in our view and are our primary focus right now when it comes to valuing Abbott.

Persons: Jim Cramer, Marcia, Abbott, It's, that's, Eaton, That's, Jim Organizations: Abbott Labs, NEC, Abbott, CNBC Locations: Eaton, Washington, Cramer's

☆ Inflation data commands center stage next week and provides a test for the market rally
▼ + stars: | 2024-05-11 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

All three major U.S. stock indexes closed higher for the week, led by the Dow Jones Industrial Average . The Nasdaq Composite added 1.14% while the S & P 500 advanced 1.85% in a relatively quiet week of economic updates. Within the portfolio, Disney and Wynn Resorts released quarterly numbers; we took issue with the stock reaction to both reports. It also raises the stakes around major economic releases, such as next week's consumer inflation report. In the week ahead, earnings season continues — headlined by Walmart on Thursday — and inflation data will dominate the economic calendar.

Persons: We've, Jim Cramer, Dow Jones, we'll, We'll, Stanley Black, Decker, Jack, JACK, Arcutis, Spero, JD.com, Armour, Jim Cramer's, Jim, Carlo Allegri Organizations: Dow Jones, Nasdaq, Disney, Wynn Resorts, Procter, Procter & Gamble, Walmart, CPI, PPI, Club, Home Depot, Biotech Corporation, Music Entertainment, Central Puerto S.A, TeraWulf Inc, Paysafe Group Holdings, QuickLogic Corporation, Kopin Corp, Royalty Corp, Agilysys Inc, Crop Solutions Corp, Inovio Biomedical, Intercorp Financial, Lithium, Argentina ) Corp, Sea, Sony Group Corporation, SONY, Holding, HudBay Minerals, Autolus Therapeutics, Game Technology, Nu Holdings, Dragonfly Energy Holdings Corp, Bakkt Holdings, Prestige Consumer Healthcare, SilverCrest Metals, Inc, Mining Corp, Acurx Pharmaceuticals, Cresco Labs, Dole plc, DOLE, Arcos Dorados Holdings, ARCO, Cisco Systems, Grab Holdings, Copa Holdings S.A, Technologies, Iris Energy, KORE Group, Super, Spero Therapeutics, ZTO, Baidu, Deere & Company, NICE, Lightspeed Commerce, Ship Lease, Canada Goose Holdings, Drainage Systems, Consolidated Water Co, Outlook Therapeutics, Despegar.com, Corp, DXC Technology Company, Flowers Foods, Bruker Corporation, WYNN, CNBC, Foods Locations: Procter &, Central, Cayman, Lithium Americas, Argentina, Manhattan, New York City

CNN spoke to three Israeli whistleblowers who worked at the Sde Teiman desert camp, which holds Palestinians detained during Israel’s invasion of Gaza. Reports of abuse at Sde Teiman have already surfaced in Israeli and Arab media after an outcry from Israeli and Palestinian rights groups over conditions there. CNN has requested permission from the Israeli military to access the Sde Teiman base. The account tallied with details of a letter authored by a doctor working at Sde Teiman published by Ha’aretz in April. The structure, which resembles an animal pen, is located in the central area of the Sde Teiman compound.

Persons: Sde Teiman, ”, “, –, Ofer, Patrick Gallagher, Adnan al, Bursh –, Mohammed al, Ran, ” Dr, Mohammed Al, Shawish, abasement, “ You’d, Teiman, Ha’aretz, Israel, Ray, Tal Steiner, ” Steiner, – Ofer, West Bank –, Ibrahim Yassine, Abu Salah, Al, Barbara Arvanitidis, Tamara Qiblawi, Matthew Chance OSINT, Allegra Goodwin, Alex Platt, Abeer Salman, Ami Kaufman, Kareem Khadder, Mohammad Al Sawalhi, Carlotta Dotto, Lou Robinson, Mark Oliver, Tom James, Sarah Tilotta, Mark Baron, Julie Zink, Augusta Anthony Motion, Yukari Schrickel, Laura Smith, Eliza Mackintosh, Dan Wright, Matt Wells Editor’s, Matthew Chance, Al Hilou Organizations: Israel CNN —, CNN, Israel Defense Forces, Military, IDF, West Bank, Bosnian, Ahli Baptist Hospital, Social Media, CNN Al, “, Ha’aretz, for Human Rights, Nasser Hospital, Planet Labs PBC Planet, Planet Labs, Palestinian Red Crescent Society Locations: Israel, Gaza, Palestinian, Al, Ahli, Israel’s, “, London, Sde, Jerusalem

☆ Live updates: Israel-Hamas war, looming Rafah invasion, Gaza devastation
▼ + stars: | 2024-05-09 | by ( Helen Regan | ) edition.cnn.com time to read: +1 min

Joe Biden delivers remarks on May 8, in Sturtevant, Wis. on May 8. (AP Photo/Evan Vucci) Evan Vucci/APPresident Joe Biden said he would halt some shipments of US weapons to Israel if Prime Minister Benjamin Netanyahu orders a major invasion of the city of Rafah. “Civilians have been killed in Gaza as a consequence of those bombs and other ways in which they go after population centers,” Biden told CNN’s Erin Burnett in an exclusive interview, referring to 2,000-pound bombs that Biden paused shipments of last week. Biden's comments echo global alarm mounting over Israel's moves in Rafah, where more than 1 million Palestinians have fled and Hamas is believed to have regrouped after Israel’s destruction of much of the strip’s north. The Israeli military's operation in Rafah has expanded from airstrikes to ground operations, which include bulldozing, new satellite imagery obtained by CNN from Planet Labs shows.

Persons: Joe Biden, Evan Vucci, Benjamin Netanyahu, ” Biden, CNN’s Erin Burnett Organizations: Biden, CNN, Planet Labs Locations: Sturtevant, Wis, Israel, Rafah, Gaza, Israeli

☆ Satellite imagery shows Palestinians fleeing Rafah’s tent cities as threat of major attack looms
▼ + stars: | 2024-05-09 | by ( Paul P. Murphy | ) edition.cnn.com time to read: +3 min

A satellite image shows tent camps in Rafah, Gaza, on May 5. Planet Labs, PBC A satellite image shows tent camps in Rafah, Gaza, on May 8. Planet Labs, PBC Satellite images show tent camps in Rafah, Gaza, on May 5 and May 8. Planet Labs, PBC A satellite image shows tent camps in Rafah, Gaza, on May 8. Planet Labs, PBC Satellite images show tent camps in Rafah, Gaza, on May 5 and May 8.

Persons: Benjamin Netanyahu, Joe Biden, shockwaves, Netanyahu, Gazans, Al Mawasi Organizations: CNN, Planet Labs, PBC, United Nations, Israel Defense Forces Locations: Rafah, Gaza, Israel, Al, Rafah –

☆ 2 OpenAI researchers working on safety and governance have quit
▼ + stars: | 2024-05-09 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Read previewTwo OpenAI employees who worked on safety and governance recently resigned from the company behind ChatGPT. Daniel Kokotajlo left last month and William Saunders departed OpenAI in February. Kokotajlo, who worked on the governance team, is listed as an adversarial tester of GPT-4, which was launched in March last year. OpenAI also parted ways with researchers Leopold Aschenbrenner and Pavel Izmailov, according to another report by The Information last month. OpenAI, Kokotajlo, and Saunders did not respond to requests for comment from Business Insider.

Persons: —, Daniel Kokotajlo, William Saunders, Saunders, Kokotajlo, overton, Ilya Sutskever, Jan Leike, AGI, It's, Sam Altman, Diane Yoon, Chris Clark, Yoon, Clark, OpenAI, Leopold Aschenbrenner, Pavel Izmailov Organizations: Service, Business, Alignment Locations: OpenAI

☆ Google Unveils A.I. for Predicting Behavior of Human Molecules
▼ + stars: | 2024-05-08 | by ( Cade Metz | More About Cade Metz | ) www.nytimes.com time to read: +1 min

Artificial intelligence is giving machines the power to generate videos, write computer code and even carry on a conversation. It is also accelerating efforts to understand the human body and fight disease. An early version of AlphaFold, released in 2020, solved a puzzle that had bedeviled scientists for more than 50 years. It was called “the protein folding problem.”Proteins are the microscopic molecules that drive the behavior of all living things. These molecules begin as strings of chemical compounds before twisting and folding into three-dimensional shapes that define how they interact with other microscopic mechanisms in the body.

Organizations: Google

☆ Lightning Round: Astera Labs is too high, says Jim Cramer
▼ + stars: | 2024-05-08 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Astera Labs is too high, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Cloudflare, Cognex, KKR, Ecolab, Astera Labs and Qualcomm.

Persons: Jim Cramer Organizations: Cognex, KKR, Ecolab, Astera Labs, Qualcomm

CNN —Israel’s attack in the southern Gaza city of Rafah has expanded from airstrikes to ground operations, new satellite images obtained by CNN from Planet Labs show. Satellite images suggest these strikes are continuing, with one picture showing smoke still rising from one location. Palestinians arrive at Al Kuwaiti Hospital in Rafah, Gaza, after Israeli air strikes on May 8. Planet Labs, PBC Satellite images from May 6 and May 7 show damage in Rafah, Gaza. Planet Labs, PBC Satellite images show Rafah, Gaza, before and during an airstrike.

Persons: CNN —, Israel, Tal, Benjamin Netanyahu, Gazans, “, Jens Laerke Organizations: CNN, Planet Labs, Israel Defense Forces, IDF, Al Kuwaiti, Al, PBC, ”, 401st Brigade Combat, Hamas, Food Locations: Gaza, Rafah, Egypt, Al Kuwaiti, Tal Al Sultan, ”, Geneva . Northern Gaza

GAZA STRIP Israel Area of satellite image EGYPT Rafah crossing Israeli incursionA Satellite View of Israel’s New Front in GazaNew satellite imagery taken after Israeli forces pushed into Rafah shows widespread damage to the southern Gaza city — including large areas of flattened structures — and clusters of Israeli armored vehicles. North Israeli tanks Razed structures Damage between Monday and Tuesday Rafah crossing Rafah crossing Israeli tanks EGYPT EGYPT New debris GAZA GAZA Damage from Monday Smoke rising Smoke rising Israeli tanks Damage before Monday Israeli tanks North Damage between Monday and Tuesday Razed structures Rafah crossing EGYPT Israeli tanks New debris GAZA Damage from Monday Smoke rising Israeli tanks Damage before Monday North Israeli tanks EGYPT Damage between Monday and Tuesday Razed structures Rafah crossing New debris Israeli tanks GAZA Smoke rising Israeli tanks Damage from before Monday Source: Satellite imagery from Planet LabsWhile Israel has described the operation that began earlier this week as limited, imagery captured on Tuesday morning by Planet Labs, a commercial satellite company, shows significant destruction in parts of the city. A network of damaged buildings reaches more than two miles into the territory near Rafah’s border crossing with Egypt. Monday Tuesday GAZA STRIP Area of image Source: Satellite imagery from Planet LabsIsrael says Rafah is Hamas’s last stronghold, and a critical gateway for arms shipments smuggled into Gaza from Egypt. Local health authorities warned of a “significant increase” in the death toll because of intense Israeli bombardment across Gaza, particularly in Rafah.

Persons: Israel, Scott Anderson, al Balah, Khan, Rafah’s Abu Yousef al, Marwan al Organizations: North, Labs, Israel, Planet Labs, Tuesday GAZA, Residents, al Balah Residents, ISRAEL Residents, Palestine Red Crescent Society, Najjar, Hams Locations: GAZA, Israel, EGYPT Rafah, Gaza, Rafah, EGYPT EGYPT, EGYPT, Rafah’s, Egypt, Planet Labs Israel, Hamas’s, al, ISRAEL, Kerem, Deir, Kerem Shalom, Palestine, Local

☆ Gov. Ron DeSantis Is Banning Lab-Grown Meat - The New York Times
▼ + stars: | 2024-05-06 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

And at the moment, lab-grown meat isn’t commercially available and probably won’t be for a long time, if ever. Still, if and when lab-grown meat, also sometimes referred to as cultured meat, makes it onto the market at less than outrageous prices, a significant number of people will probably buy it. And it’s at least possible that lab-grown meat will eventually be cheaper than meat from animals. And if some people choose to consume lab-grown meat, why not? Recently DeSantis, back to work as governor of Florida after the spectacular failure of his presidential campaign, signed a bill banning the production or sale of lab-grown meat in his state.

Persons: Ron DeSantis, DeSantis Locations: Florida

☆ Generative AI will be designing new drugs all on its own in the near future
▼ + stars: | 2024-05-05 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +12 min

An analogy for understanding the development of AI drugs can be found in the mechanisms of ChatGPT. As a result, it's a drug discovery process that has a 90% failure rate. Some of the noted flaws of generative AI, its propensity to "hallucinate" for example, could prove to be powerful in drug discovery. AI is learning to distinguish drugs from non-drugs, and to create new drugs, in the same way that ChatGPT can create sentences, Ellington said. Now, AI models are helping narrow down the possibilities, so scientists more quickly know the optimal modifications to try.

Persons: ChatGPT, Kimberly Powell, Google's, —, AlphaFold, Powell, Rau, Lilly, Eli Lilly, Diogo Rau, It's, Amgen, Andy Ellington, Ellington, Daniel Diaz, Diaz, We've Organizations: Nvidia, CNBC Technology, Summit, University of Texas, Austin, NVIDIA, biosciences, UT's Institute, Foundations of Machine, Cadence Locations: Nature

☆ There's a messy battle over AI going on in DC — and there's no end in sight
▼ + stars: | 2024-05-05 | by ( Madison Hall | ) www.businessinsider.com time to read: +10 min

Why does the US not have federal AI regulation? Biden signed the executive order on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" near the end of 2023. Another challenge comes from AI experts and researchers choosing private sector jobs instead of ones in the government, a kind of "brain drain," Zhang said. "Less than 40% go to government looking to create all those AI regulations and governance structures." AdvertisementThe vast majority of AI experts end up working in the private sector rather than for universities or federal governments.

Persons: —, hasn't, Joe Biden, Trump, Kevin McCarthy, Biden, I'm, Jason Green, Lowe, It's, Sen, Martin Heinrich, Sam Altman, Bill O'Leary, Rebecca Finlay, Finlay, we're, she's, Daniel Zhang, Zhang, Drew Angerer, That's, there's Organizations: Service, White, Business, Bills, Republican, Artificial Intelligence, Federal Government, Science & Technology, Congress, Microsoft, Google, Defense, Center, Senate, Washington, Getty, Stanford Institute for, AI, Stanford's, for, Biden Locations: Silicon Valley, Korean, Washington , DC, Congress, North America

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