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Read previewMichael Guan wants you to use AI to bluff your way through that job interview. He's the cofounder and CEO of Final Round AI, a startup building artificial intelligence-powered tools for job seekers. There's a debate in Silicon Valley about the appropriateness of candidates using AI in job interviews. An AI-powered proxy interview demoArjun, a professional interview proxy, hopped on a call to explain how it worked and then gave a demo. Guan argued that using AI during a job interview isn't underhanded; it shows the worker's ingenuity.
Persons: , Michael Guan, Otter.ai, There's, Guan shrugged, Otter, it's, Arjun, AiApply, Aidan Cramer, Cramer, Buddy, that's, résumé, Guan, Jay Ma, Copilot, Ma Organizations: Service, Business, AWS, Google, Microsoft, Hub, Intel, Nvidia, Wayback, Bureau of Labor Statistics, YouTube Locations: Silicon Valley, Facebook, WhatsApp, London, San Francisco, Francisco, China, Seattle, TikTok
TikTok is the latest to experiment with the technology, adding in October an AI assistant called Tonik to its music-streaming app, TikTok Music. TikTok's main video app, which is exploring its own, separate AI chatbot, has become an important platform for music discovery. TikTok Music. TikTok Music. If TikTok Music gets there first, it may have a shot at breaking through in a very crowded category.
Persons: , hasn't, OpenAI's ChatGPT, Tonik, TikTok, Joe Biden, Donald Trump, We're Organizations: Service, TikTok, Business, Spotify, Apple, Bloomberg, Capitol Locations: Singapore, Brazil, Australia, Mexico, Indonesia
AI companies have been upfront with their goal to disrupt the creative industry. But they have barely been able to hide their contempt for the artists they are trying to displace. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAI companies may be hard at work disrupting the creative industry, but some firms can barely hide their disdain for the artists their product might hurt. This story is available exclusively to Business Insider subscribers.
Persons: , Mira Murati, Murati Organizations: Service, creatives, Dartmouth College, Business Locations: Columbia, mater
Spatial intelligence allows robots to navigate and interact with their environment more efficiently, which means that robots can perform more complex tasks with higher precision and adaptability. AdvertisementEven so, investors say that spatial intelligence represents a quantum leap for the robotics industry, a space already benefiting from an AI boom. Lior Susan, CEO and founder of Eclipse Ventures, is betting that the difficulty of building AI with spatial intelligence will yield bigger returns in the future. "You see this boom of generative AI startups that are actually buying a lot of compute that do not have a business model yet," Susan said. Big tech is rolling in, tooBigger tech companies are also gearing up to compete in robotics' spatial intelligence race—both as builders and investors.
Persons: , Andreessen Horowitz, Catalyst, Howard Morgan, Max Rimple, Erin Price, Wright, Fei, Fei Li, Kanu Gulati, Khosla, , Gulati, Lior Susan, Susan, Jeff Bezos, Jensen Huang Organizations: Service, Khosla Ventures, Business, B Capital, Catalyst, Lightspeed Venture Partners, Coatue Management, Stanford University, Eclipse Ventures, Intelligence, Lux, Sequoia Capital, Microsoft, Nvidia, Carbon Robotics, AIs Locations: LLMs, OpenAI, Lux Capital, Taipei
So much for the $3 trillion club: Investors and Wall Street analysts alike are now talking about when Apple might top a $4 trillion stock market value. For those keeping score, Apple closed above a $3 trillion market value just over one year ago. AAPL YTD mountain Apple (AAPL) year-to-date performance Apple shares reached an all-time intraday high to start the week, continuing last week's terrific start to the second half of 2024. Slower iPhone sales in China, which account for nearly 20% of Apple's overall revenue, dogged the stock into April. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer, Siri, ChatGPT, Dan Ives, Wedbush, Jim, Gillette, Jim Cramer's, Scott Eells Organizations: Wall Street, Apple, Microsoft, Nvidia, Apple Intelligence, Developers, Services, Cook & Co, CNBC, Nasdaq, Bloomberg, Getty Locations: China, New York
From the city of Suwon, Samsung — the family-led titan of Korean industry — has been the world's top smartphone seller, beating Apple. Last month, Apple unveiled Apple Intelligence, a vision of generative AI that will give its devices a total refresh. In doing so, Apple hopes to inspire consumers to upgrade their iPhones so they can access its suite of AI features. (Only newer models like the iPhone 15 Pro and upcoming iPhone 16 line-up will offer Apple Intelligence). It debuted Galaxy AI, its first take on generative AI features for its devices, at the January launch of its flagship Galaxy S24 range.
Persons: , Lee Jae, Park, Lee, Siri Organizations: Service, Samsung, Apple, Business, IDC, Samsung Electronics, Bloomberg, South, Apple Intelligence, AI, Samsung Galaxy, Google Locations: South, Suwon, Paris, China
This story is available exclusively to Business Insider subscribers. Related storiesOpenAI told Business Insider that the company had "identified and fixed" the "underlying security issue" that led to the breach. AdvertisementStill, the hacking prompted concern inside and outside the company that OpenAI's security is too weak, leaving it open to foreign adversaries like China. He described the company's security as "egregiously insufficient" to protect against theft by foreign actors. A month after OpenAI fired Aschenbrenner, two more of the team's top members quit, and the team effectively dissolved.
Persons: , OpenAI, Leopold Aschenbrenner, Aschenbrenner, Ilya Sustkever, Sam Altman's, Sustkever, Jan Leike, Paul Nakasone Organizations: Service, Business, New York Times, FBI, Employees, NSA, US, Command, Defense Department Locations: China, United States
OpenAI hacked in April 2023, undisclosed to public
  + stars: | 2024-07-05 | 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 EmailOpenAI hacked in April 2023, undisclosed to publicCNBC’s Deirdre Bosa joins 'The Exchange' to share details about OpenAI's hack that was previously not disclosed to the public, the one-year anniversary of Instagram's Threads, and more.
Persons: OpenAI, Deirdre Bosa
In the 1990s, Apple watched as Bill Gates took Windows global, giving Microsoft absolute dominance over the nascent PC market. Apple's OpenAI dealWhen Apple revealed a partnership with OpenAI at its Worldwide Developers Conference (WWDC) in June, questions swirled about the terms of the long-rumored tie-up. AdvertisementApple's new suite of AI features revealed at WWDC, dubbed Apple Intelligence, hardly relies on OpenAI's technology. ChatGPT is more of an add-on that Apple users can choose to give, or refuse, permission to respond to queries. The success of Apple's OpenAI tie-up could come down to how many people are willing to buy new iPhones.
Persons: , Apple, Bill Gates, Steve Ballmer, Steve Jobs, Gates, Phil Schiller, Sam Altman's, Apple's, Apple isn't, OpenAI, Satya Nadella, Nadella, Yann LeCun, it's Organizations: Service, Microsoft, Business, Bloomberg, Apple, Big Tech, OpenAI, Worldwide Developers, Google . Apple Intelligence, Google, Apple Intelligence Locations: OpenAI
Apple gets observer role in OpenAI's board of directors
  + stars: | 2024-07-03 | 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 EmailApple gets observer role in OpenAI's board of directorsCNBC's Joe Kernen reports on the relationship between Apple and OpenAI.
Persons: CNBC's Joe Kernen Organizations: Apple
Apple gets an observer role on OpenAI's board as part of the companies' partnership, per Bloomberg. The arrangement raises Apple to Microsoft's level within the AI startup, according to the outlet. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Users who prefer not to use ChatGT will be able to opt-out of the features, Business Insider previously reported. This story is available exclusively to Business Insider subscribers.
Persons: Phil Schiller, , Apple Organizations: Apple, Bloomberg, Service, Microsoft, Business
Yet it's also given developers reason to be dubious: code produced by ChatGPT is often full of mistakes. 'Fewer hallucinated bugs'To begin, OpenAI is limiting CriticGPT's access to AI trainers. OpenAI has acknowledged that the more advanced its AI models become, the harder it can be for AI trainers "to spot inaccuracies when they do occur." AI models are also still susceptible to hallucinations that can be missed by AI trainers, OpenAI said. CriticGPT clearly has a long way to go, but shows that OpenAI is at least trying to tackle the problem.
Persons: , chatbot, it's, ChatGPT, OpenAI, CriticGPT, Jan Leike, e6CiXXoCeG, EJ6OSfUN9p — Jan Leike, Sam Altman's Organizations: Service, Business, Purdue University Locations: CriticGPT
A jailbreaking method called Skeleton Key can prompt AI models to reveal harmful information. The technique bypasses safety guardrails in models like Meta's Llama3 and OpenAI GPT 3.5. Microsoft advises adding extra guardrails and monitoring AI systems to counteract Skeleton Key. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt doesn't take much for a large language model to give you the recipe for all kinds of dangerous things.
Persons: , Mark Russinovich Organizations: Microsoft, Service, Business
In today's big story, we're looking at how young people are booking their summer vacations , finances be damned. AdvertisementSurveys from Credit Karma, Bankrate, and Bank of America show Gen Zers and millennials are willing to go on summer vacation at all costs… literally. Almost half of millennials surveyed (47%) were willing to take on debt to fund their travel plans, with Gen Z not far behind (42%). AdvertisementAlmost a quarter of young people surveyed by Credit Karma expected to rack up $2,000 in debt this summer. And about 10% of that group were willing to push it even further, surpassing $4,000 in summer debt.
Persons: , Joe Biden's, Donald Trump, Rebecca Zisser, John Towfighi, Zers, millennials, Gen, it's, you'll, Credit Karma, Klaus Vedfelt, That's, Rob Chisholm, Alyssa Powell, he's, Joseph Stiglitz, Trump, Stiglitz, Justin Sullivan, Chelsea Jia Feng, ChatGPT, Mark Zuckerberg, Sundar Pichai, — livestreaming, Twitch's Dan Clancy, Tyler Le, Gigi, Sackler, Ebrahim Raisi, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Biden, Business, Credit, Bank of America, Getty, SEC, Purdue Pharma, Dua Lipa, Coldplay Locations: Amalfi, Vegas, ., Glastonbury, New York, London
Shadow AI, or the unsanctioned use of technologies such as GenAI, has emerged as a critical threat for organizations trying to secure corporate IP and data. For organizations getting started with GenAI, it's important to understand why shadow AI is dangerous to best identify how to address it. Why shadow AI presents a credible threatMicrosoft and LinkedIn report1 that 78% of employees are "bringing their own AI technologies to work," (BYOAI) a softer way of describing shadow AI. Shadow IT and shadow AI share the same low barrier to entry and platform dynamics. Dell Technologies is a leader in the growing open ecosystem that is helping organizations build, test, and deploy GenAI services.
Persons: Clint Boulton, ESG, RAG Organizations: Microsoft, LinkedIn, Research, Enterprise Strategy Group, Amazon Web, Dell Technologies, Dell, Insider Studios
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
watch now"Without data security and user privacy protection, AI will become worthless," Zhao said in Mandarin, translated by CNBC. But I believe on-device AI, in its capabilities and empowerment of consumers, will become more and more intimate, more and more understanding." "It will give consumers more support and help them interact with the future AI world," he added. He said a system collecting lots of user data to deliver more personalized features becomes a "stronger" object compared to the individual using the system. The Honor Magic V2, the latest foldable smartphone from the Chinese manufacturer, is on display at the Mobile World Congress 2024 in Barcelona, Spain.
Persons: George Zhao, John Hoffman, Zhao, Apple, OpenAI's Organizations: Shanghai Mobile, Congress, CNBC, Apple, Mobile, Apple Intelligence, Baidu, Google, Nurphoto, Getty Locations: HANGZHOU, China, U.S, Shanghai, Barcelona, Spain
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
OpenAI and Time magazine on Thursday announced a "multi-year content deal" that will allow OpenAI to access current and archived articles from more than 100 years of Time's history. OpenAI's use of Time's content will feature a citation and link back to the original source, the release said. In December, The New York Times filed a lawsuit against Microsoft and OpenAI, alleging intellectual property violations related to its journalistic content appearing in ChatGPT training data. Martin and Jodi Picoult, sued OpenAI alleging copyright infringement in using their work to train ChatGPT. In July, two authors filed a similar lawsuit against OpenAI, alleging that their books were used to train the company's chatbot without their consent.
Persons: Reddit, OpenAI, Jonathan Franzen, John Grisham, George R.R, Martin, Jodi Picoult Organizations: Microsoft, OpenAI, News Corp, Street, The New York Post, The New York Times, Southern, of Locations: The, U.S, of New York
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
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
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
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
Micron shares fell about 3% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on a revenue forecast that was in line with estimates. Analysts were expecting earnings per share of $1.05 on revenue of $7.6 billion. Micron CEO Sanjay Mehrotra highlighted the company's AI business in a statement while saying that its smartphone and PC markets remain sluggish. On a call with analysts, Micron said that its high bandwidth memory, the kind used in AI chips, is sold out through 2025. "We believe that Micron will be one of the biggest beneficiaries in the semiconductor industry in the multiyear growth opportunity driven by AI," Mehrotra said.
Persons: Sanjay Mehrota, Sanjay Mehrotra, Mehrotra Organizations: Micron Technology, Micron Locations: Davos, Switzerland
The assistant, called Debrief, keeps detailed logs of advisors' meetings and automatically creates draft emails and summaries of the discussions, bank executives told CNBC. Morgan Stanley's wealth management division hosts about 1 million Zoom calls a year, the bank told CNBC. Zoom In Icon Arrows pointing outwards Morgan Stanley’s new Debrief program, a new AI tool for wealth management advisors based on OpenAI’s GPT-4. In a sense, Morgan Stanley's projects in generative AI amount to a "grand experiment in productivity," said McMillan. Morgan Stanley's wealth management division is one of the world's largest with $5.5 trillion in client assets as of March; the firm wants to reach $10 trillion.
Persons: Bing Guan, Morgan Stanley, Jeff McMillan, Morgan Stanley's, McMillan, Morgan, I'm, Don Whitehead, who's Organizations: Bloomberg, Getty, CNBC Locations: Houston
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