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Musk, who co-founded OpenAI in 2015, has since left and has formed his own AI company, xAI. Musk is asking for a jury trial and for the company, Altman and co-founder Greg Brockman to pay back the profit they received from the business. But Altman, Brockman and Chief Scientist Ilya Sutskever in 2019 formed OpenAI LP, a for-profit entity that exists within the larger company’s structure. Musk’s complaint said that company and its partnership with Microsoft violated OpenAI’s charter, representing a breach of contract. “Where some like Mr. Musk see an existential threat in AGI, others see AGI as a source of profit and power,” the complaint stated.
Persons: CNN — Elon Musk, OpenAI, Sam Altman, ChatGPT, Musk, Altman, Greg Brockman, Brockman, Ilya Sutskever, Organizations: CNN, Microsoft, Locations: AGI
Meg Faibisch Kühn discovered ChatGPT a year ago and started using it every day at work. It wasn't immediately obvious that ChatGPT was a tool for enhancing my personal life as well as my work. ChatGPT helped me renovate my kitchenMy husband and I wanted to renovate our kitchen in the most cost-effective way possible. Screenshot from ChatGPT/Courtesy of Meg Faibisch KühnI was able to use it to figure out how many tiles I needed for the floor. Courtesy of Meg Faibisch Kühn3.
Persons: Meg Faibisch Kühn, , ChatGPT, Meg Faibisch Kühn I've, we've, I've Organizations: ChatGPT, Service, YouTube, US Department of Agriculture Locations: San Rafael , California, ChatGPT
The company sees "incredible breakthrough potential for generative AI, which is why we're currently investing significantly in this area," Cook said at Apple's annual shareholder meeting, which was held virtually. He also reframed several announced Apple products as "AI-powered," to emphasize that the company has been working on the technology for years. Current features that use Apple's AI technology include the Vision Pro's hand-tracking tool and Apple Watch's heart rate alerts, Cook said. At the meeting, Cook was not asked about the Apple Car project, which he'd previously called the "mother of all AI projects." The remarks came after Apple shareholders rejected a proposal that would compel the company to produce a report on AI risks.
Persons: Tim Cook, we're, Cook, Apple hasn't, Apple, he'd, Michael Forsythe, Wanda Austin, Al Gore, James Bell Organizations: Apple, Apple Watch, Employees, AFL, CNBC Locations: New York City
Read previewIn response to The New York Times' lawsuit against OpenAI, the artificial intelligence company is clapping back, saying in a new federal court filing that the Times hired someone to "hack" OpenAI platforms. "The truth, which will come out in the course of this case, is that the Times paid someone to hack OpenAI's products," OpenAI's lawyers wrote in a motion filed in Manhattan federal court on Monday. Not only did the Times pay someone to "hack" OpenAI's products, the filing alleges, but it also gamed the system to produce misleading evidence for the case. "It took them tens of thousands of attempts to generate the highly anomalous results" outlined in the Times' complaint, OpenAI's filing says. "Normal people do not use OpenAI's products in this way," the filing continues.
Persons: , OpenAI, George R, Martin, Sarah Silverman, John Grisham Organizations: Service, New York Times, OpenAI, Times, Business, Microsoft, The New York Times Locations: Manhattan
CNBC's Jim Cramer believes Salesforce will benefit from artificial intelligence-fueled momentum when the enterprise software giant reports earnings after the closing bell on Wednesday. Salesforce is "a big user of AI," Cramer said Monday. The company leverages generative AI by analyzing customer data to make predictions about their future behavior. Salesforce, which nearly doubled in 2023, has added another 14% so far this year. The company is one of 32 holdings in Cramer's Charitable Trust , the portfolio used by the CNBC Investing Club.
Persons: CNBC's Jim Cramer, Salesforce, Cramer, Einstein, Stifel Organizations: Nvidia, UBS, Trust, CNBC, Club Locations: Salesforce
Google is bullish on the prospect of its more advanced artificial intelligence models coming to smartphones in the next year. The internet giant expects that its currently available Gemini large language model (LLM), which competes with Microsoft-backed OpenAI's most powerful GPT-4 AI model, will begin to get embedded into devices starting next year. Google already offers Gemini Nano, which is the company's most efficient model for "on-device" AI, across its Pixel devices and on all other capable Android devices. "There are smaller versions of our Gemini model on the cloud," Rakowski told CNBC. Large language models, or LLMs, are AI models capable of understanding and generating language in a humanlike way.
Persons: Brian Rakowski, Rakowski Organizations: Google, Microsoft, Gemini, Google's, CNBC
The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don't count JPMorgan Chase CEO Jamie Dimon among them. It's real," Dimon said. JPMorgan has done work on the ability to use the new technologies internally, with Dimon saying that AI will eventually "be used in almost every job." JPMorgan created a new role of chief data and analytics officer last year, in part to handle AI. Dimon said Monday that there are 200 people at JPMorgan doing research on the large language models that have recently been rolled out by tech companies.
Persons: Jamie Dimon, CNBC's Leslie Picker, Dimon Organizations: JPMorgan Chase, JPMorgan, CNBC PRO
Google just can't seem to catch a break
  + stars: | 2024-02-23 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
The search giant announced a major upgrade to its AI model Gemini. Google under fireGoogle's big problem came after Gemini users started to report problems this week with its image-generation feature. For Google, the moment is one that casts a shadow over real advances it has made in AI to keep it neck-and-neck with competitors. In part, it's because the Gemini image generation blunder really is as bad as people say. Google CEO Sundar Pichai has previously said he feels "very comfortable" about where the company is with its AI mission.
Persons: , Gemma, Gemini, Elon, Musk, Nathan Lambert, OpenAI's, haven't, It's, Sundar Pichai Organizations: Service, Microsoft, Business, Google, Gemini, Allen Institute, AI
Google says it will fix Gemini, its answer to OpenAI's GPT-4, after people complained the multi-modal AI model's image-generating feature was "woke." On Thursday, the company said in a statement sent to Business Insider that it was pausing Gemini from generating AI images of people while it makes the changes. AdvertisementNew game: Try to get Google Gemini to make an image of a Caucasian male. Woke AI Gemini is awkward… it keeps inserting the word “diverse” into its responses even though the prompt isn’t for such content. Google; Business InsiderThe spokesperson added that Google will "re-release an improved version soon."
Persons: , OpenAI's, Gemini, 1LAzZM2pXF — Frank J, Fleming, @IMAO_, Mike Wacker, Medvin Organizations: Service, Google, Business, BBC News Locations: @m_wacker
The more than 750 study participants were given real tasks, including "creative product innovation" assignments. The study found that people using AI faired much better than those working without it when it came to creative product innovation tasks. About 90% of the participants improved their performance when using AI for any task involving ideation and content creation. People's problem-solving skills far outweigh the help offered by AI, Candelon said. They will get replaced by humans using AI," he told the outlet.
Persons: , François Candelon, Candelon, didn't Organizations: Service, Gemini, Boston Consulting, MIT, Wharton, Harvard Business School, University of Warwick
Users started to wonder if the OpenAI's chatbot was malfunctioning after it spouted "Spanglish." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Muchas gracias for your understanding, y I’ll ensure we’re being as crystal clear como l’eau from now on,” ChatGPT wrote. chatgpt is apparently going off the rails right now and no one can explain why pic.twitter.com/0XSSsTfLzP — sean mcguire (@seanw_m) February 21, 2024Another user asked ChatGPT about the difference between mattresses in different Asian countries. Its status dashboard first noted it was “investigating reports of unexpected responses from ChatGPT” on February 20.
Persons: , OpenAI’s, Sean McGuire, , ” ChatGPT, Bill Evans, 0XSSsTfLzP — sean mcguire, ChatGPT, hasn’t, ” OpenAI, ChatGPT ”, It's, OpenAI, Gary Marcus, — Gary Marcus, @GaryMarcus, Marcus Organizations: Service, Microsoft, Business Locations: GPT
The race is on to address the AI chip shortage. SoftBank's Masayoshi Son is the latest tech leader who plans to invest heavily in chip production. Chips are needed to train the complex models that underpin AI — but there's not enough to go around. SoftBank CEO Masayoshi Son is the latest tech leader to raise funds to tackle the chip shortage. So too are more speculative ambitions being pursued by both Altman and Son, such as the development of artificial general intelligence.
Persons: , Sam Altman, it's, Masayoshi Son, Altman, Son, Ethan Mollick, ” There's, That's, Mark Zuckerberg, ” Mark Zuckerberg, JOSH EDELSON, Son’s Organizations: Service, Tech, Journal, Izanagi, Bloomberg, Kyodo, Stills, Nvidia, Samsung, Intel, ARM Locations: Tokyo
Its GPT, which generates images from text prompts, is currently ranked second overall on the GPT Store. And all three companies' GPTs have been highlighted at the top of the GPT Store website as "OpenAI's Picks." Advertisement"Sometimes finding trails can be overwhelming because there are so many different places to go," Graham told Business Insider. In addition to GPT Store, companies are thinking more broadly about how AI fits into their business models. "Now we're also investing time in using AI to make our team faster and more efficient, too."
Persons: , OpenAI, Canva, Anwar Haneef, Matthias Keller, James Graham, Sam Altman, Graham, GPTs, Sam Altman's, Keller, we're, Haneef Organizations: Service, Business, Uber, Sequoia Capital Global, Bessemer Venture Partners, Greenoaks, Booking Holdings, OpenAI, Economic, Canva Locations: Davos, Canva, ChatGPT
In today’s big story, we’re looking at the chances of there being no rate cuts this year, and how the markets would react. What's on deck:This story is available exclusively to Business Insider subscribers. The big storyCuts are canceledAaron Schwartz/Xinhua via Getty ImagesDon't count your chickens before they hatch and don't price in your rate cuts before they materialize. Last December, Fed Chair Jerome Powell signaled that three cuts were on the table for 2024, which he reiterated earlier this month. AdvertisementBonds could struggle, though, with further delays on rate cuts raising the risk that debt markets suffer another meltdown like they did last fall.
Persons: , Mark Zuckerberg, Aaron Schwartz, , won’t, Jerome Powell, Phil Rosen, There's, BI’s Yuheng Zhan, NYCB’s, Ark's Cathie Wood, Paul Judge, Tessa Flippin, Claude Grunitzky, Gayle Jennings O'Byrne, Black VCs, Masayoshi Son, OpenAI’s, Jenny Chang, Rodriguez, Vladimir Putin, Donald Trump, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, UFC, Business, Xinhua, Getty, Federal, Paramount, Fed, Big Tech, JPMorgan Private Bank, Discover, Discover Financial, Nvidia, Opportunity, Equity Alliance, Wocstar Fund, Opportunity Fund, Equity Alliance Wocstar, Google, Walmart, Pandora, Home Locations: Japan, Ukraine, Moscow, Russia, Fox, New York, London, Chicago
In Gemini 1.5, improvements to the new tech are leaps and bounds above what the original Gemini can do. Gemini 1.5 Pro's context window capacity, however, can handle up to 1 million tokens. Gemini 1.5 is also getting better at generating good responses from super-long queries, without a user needing to spend much additional time fine-tuning their queries. Google says that in rolling out Gemini 1.5, it underwent extensive ethics and safety testing to greenlight it for wider release. The tech company has conducted research on AI safety risks and has developed techniques to mitigate potential harm.
Persons: , Sundar Pichai, Demis Hassabis, OpenAI's, Febrary, MoE Organizations: Service, Google, Gemini
The gloves are off among Silicon Valley CEOs
  + stars: | 2024-02-15 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
Silicon Valley CEOs are doing battle in public. AdvertisementThe Silicon Valley elite have been at each other's throats a little more than usual lately. AdvertisementThe latest example of this came this week when Mark Zuckerberg derided Apple's Vision Pro headset in an Instagram video. The Vision Pro is a direct competitor to Meta's Quest Pro but Zuckerberg does not appear concerned for now. “If you go back to the PC era, Microsoft’s open model was the winner, and in this next generation Meta is going to be the open model, and I really want to make sure that the open model wins out again.”Zuckerberg has good reason to be on the offense.
Persons: Mark Zuckerberg, , Apple's, Zuckerberg, Justin Sullivan, it’s, ” Zuckerberg, OpenAI’s, Bill Gates, ” Elon Musk, Sam Altman, chatbot Grok, Elon Musk, Leon Neal, Satya Nadella, OpenAI, Y, Paul Graham, Tim Cook, Steve Jobs, , Organizations: Vision, Service, Tech, Meta's, Apple, Reality Labs, Microsoft, Google Locations: OpenAI, Zuck
Following last week's $120-per-share price target hike to $750 on strong earnings, we're raising our PT again Thursday to $850. Even at our new $850 price target, Lilly shares still represent a lower PEG than we've seen historically but that provides some margin of safety. Costco price target hike to $770 from $680 Costco also trades at a premium valuation, but we think it's warranted due to the company's reliability and consistency. Salesforce price target hike to $320 from $275 Salesforce is a Club name we recently highlighted in our 10 undervalued stocks commentary . Palo Alto Networks price target change pending Lastly, we are aware that our price target on Palo Alto Networks requires an update as well.
Persons: It's, Eli Lilly, Lilly, Salesforce, , There's, Jim Cramer's, Jim Cramer, Jim, Robert Nickelsberg Organizations: Wall, PT, Novo Nordisk, Costco, Microsoft, Broadcom, UBS, VMware, JPMorgan, Palo Alto, Palo Alto Networks, Palo, CNBC, Getty Locations: GLP, AVGO, Palo Alto, Palo, New York City
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChatGPT has been acting up in weird ways in recent months. AI models like GPT-4 are continually tweaked and updated, with OpenAI relying on interactions with users to train ChatGPT to become more conversational and useful. It works through a process called reinforcement learning from human feedback , where the AI model learns which responses are more favorable to users and adjusts accordingly. ChatGPT users said the bot was becoming lazyIn recent months, users of the chatbot, which reportedly now has around 1.7 billion users, have been complaining that it has been acting up.
Persons: , OpenAI, James Zou, ChatGPT, Sam Altman, Zou Organizations: Service, Business, Stanford University, Stanford Locations: GPT
The Year Chatbots Were Tamed
  + stars: | 2024-02-14 | by ( Kevin Roose | ) www.nytimes.com   time to read: +1 min
A year ago, on Valentine’s Day, I said good night to my wife, went to my home office to answer some emails and accidentally had the strangest first date of my life. The date was a two-hour conversation with Sydney, the A.I. alter ego tucked inside Microsoft’s Bing search engine, which I had been assigned to test. I had planned to pepper the chatbot with questions about its capabilities, exploring the limits of its A.I. engine (which we now know was an early version of OpenAI’s GPT-4) and writing up my findings.
Persons: Bing, Kevin Organizations: Sydney Locations: Sydney
YourMove.AI, an AI dating tool that offers a range of services such as drafting messages, analyzing conversations and evaluating users' dating app profiles, has about 250,000 users, founder Dmitri Mirakyan estimates. Rizz, an AI dating assistant, debuted in 2022 after ChatGPT took off. Like in other areas, relying too much on AI in dating can cross the line into unethical behavior. Although the use of AI for dating purposes isn't necessarily all bad, he added, dating apps will still need to "tread with caution." WATCH: How I built my $400 million-a-year dating app
Persons: Stan Marsh, Clyde Donovan, Clyde, Stan, OpenAI, it's, Dmitri Mirakyan, YourMove, Mirakyan, ChatGPT, he'd, Roman Khaves, Josh Miller, Khaves, It's, Jonathan Raa, Alex Weitzman, Weitzman, They've, Gary Kremen, Kremen, Lisa Marie Bobby, Bobby, Renate Nyborg, Nyborg, Meeno Organizations: Nvidia, CNBC, Nurphoto, OpenAI's Locations: U.S, New York, chihuahua, Finland, Australia, New Zealand, Netherlands
But the blog does offer insight into how U.S. geopolitical rivals have been using large-language models to expand their ability to more effectively breach networks and conduct influence operations. But criminals and offensive hackers use it as well, and the introduction of large-language models led by OpenAI's ChatGPT upped that game of cat-and-mouse. — Iran's Revolutionary Guard has used large-language models to assist in social engineering, in troubleshooting software errors, and even in studying how intruders might evade detection in a compromised network. “Of course bad actors are using large-language models — that decision was made when Pandora’s Box was opened," said Amit Yoran, CEO of the cybersecurity firm Tenable. Some cybersecurity professionals complain about Microsoft's creation and hawking of tools to address vulnerabilities in large-language models when it might more responsibly focus on making them more secure.
Persons: , OpenAI, , OpenAI's ChatGPT, Malaysia —, Amit Yoran, Gary McGraw, Edward Amoroso Organizations: BOSTON, — Microsoft, Microsoft, Korean, Guard, Cybersecurity, Infrastructure Security Agency, Google, Meta, Berryville Institute of Machine Learning, NYU, T Locations: Iran, North Korea, Russia, China, Redmond, Washington, OpenAI, Russian, Ukraine, France, Malaysia
Many AI companies struggle with customers understanding how the product won't take away their ability to think for themselves. A few took the opportunity of the Super Bowl to change the narrative. There many winners and losers among the messages attempted by brands in the big Super Bowl advertising bets. In Microsoft's Super Bowl ad, a group of people overcome challenges ranging from opening their own business to getting a college degree. There's no bigger stage to get your humanizing message across than the Super Bowl, Microsoft's Kumar said.
Persons: GPT, Deacon Webster, Webster, It's, it's, Divya Kumar, Etsy, Crowdstrike, cyberattacks, Gaurav Misra, Misra, Microsoft's Kumar, David Jones, Jones Organizations: Research, Sunday, Microsoft, Google, New York Times, Super, Brandtech, America Locations: France
Microsoft CEO Satya Nadella appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. While Microsoft doesn't disclose revenue figures for its Azure cloud infrastructure, analyst figures suggest that five years ago it was half as big as AWS. In total, revenue at Azure increased 30% in the quarter, compared with 13% year-over-year growth at AWS. Microsoft has been adding graphics processing units (GPUs) to its data centers so that clients can run AI models in Azure. "We now have 53,000 Azure AI customers," CEO Satya Nadella told analysts on the company's earnings call.
Persons: Satya Nadella, Amy Hood, Microsoft's, OpenAI's ChatGPT, Jamin Ball, Andy Jassy Organizations: Economic, Amazon, Services, Microsoft, OpenAI, GPT, AWS Locations: Davos, Switzerland, Anthropic
To grow, the ETF industry has to expand the offerings of active management and devise new ways to entice investors. The big topics in 2024: Bitcoin, AI, Magnificent 7 alternativesIn 2024, the industry is betting that the new crop of bitcoin ETFs will pull in billions. Financial advisors are divided on whether to jump inTen spot bitcoin ETFs have successfully launched. Inflows into bitcoin ETFs to date have been modest, but bitcoin ETFs are being viewed by some advisors as the first true bridge between traditional finance and the crypto community. Jason Pereira, senior partner & financial Planner, Woodgate Financial, is speaking on how financial advisors are using artificial intelligence.
Persons: Matt Hougan, Steve Kurz, David LaValle, Ric Edelman, Edelman, Gary Gensler's, bitcoin, Jason Pereira, Pereira, Roundhill's, Alex Zweber, Eric Veiel, Rowe Price, Brian Portnoy, Neil Bage, feely Organizations: ETF, LIV, Miami, Super, Advisors, JPMorgan, bitcoin, Galaxy, Edelman, Digital Assets, Financial Professionals, SEC, Apple, Microsoft, NVIDIA, China ETF Locations: Fontainebleau, Miami Beach, China, bitcoin
Brilliant Labs — a Singapore-based startup funded by the creator of Pokemon Go — just released Frame, a $350 pair of non-prescription glasses powered by a multimodal AI assistant called Noa. The glasses project visuals and information directly onto the lenses, so wearers can prompt them with requests for information about almost everything they see or hear. Frame projects visuals and information directly onto the lenses of the glasses. Similarly, the glasses can query both available live web sources and GPT-4 for nutritional information, Tavangar said. The AI startup Humane launched a nearly $700 Ai Pin in November that combines voice command with AI to answer questions, summarize texts, translate languages, and play music.
Persons: , Noa, they’re, John Lennon, Steve Jobs, Gandhi, Justin Sullivan, OpenAI’s, Bobak Tavangar, Tavangar, ” Tavangar, Pin Organizations: Service, Business, Staff, Labs, buzzy Locations: Singapore
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