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Beating the benchmark? How AI-driven ETFs stack up
  + stars: | 2023-08-02 | by ( Kevin Schmidt | ) www.cnbc.com   time to read: +2 min
Rosenbluth explained that VettaFi is seeing increased interest in actively managed ETFs that are driven by AI. The QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), for example, uses an artificial intelligence system to select large-cap stocks for its portfolio. "AMOM is significantly outperforming the iShares momentum ETF (MTUM) ," he said. The AI-driven AMOM rebalances at the end of every month and is up more than 21% this year, while the benchmark MTUM has remained relatively flat in 2023. "'[Momentum ETFs] should benefit from the information that's continually being updated in the marketplace," Rosenbluth said.
Persons: Todd Rosenbluth, CNBC's Bob Pisani, Rosenbluth Organizations: Momentum, Nvidia, Walmart, Home Depot, O'Reilly, Agriculture, Metals, AI, Equity, IBM Locations: U.S
Instacart shoppers are considering leaving the platform after it cut base pay for filling orders. Last week, Instacart started paying its gig workers as little as $4 in base pay per order, Insider reported on Monday. Base pay is an amount that Instacart shoppers and drivers are guaranteed to make if they accept an order, though they can earn more from customer tips. Daniel Danker, Instacart's chief product officer, told Insider that the company pays "guaranteed batch earnings that are 2x higher than other app-based companies." On a Reddit page for Instacart shoppers, some workers say a traditional job is starting to look more appealing.
Persons: Instacart, Daniel Danker, aren't, InstaCart, they've, That's, Alexia Hudson, I've Organizations: Service, Base, McDonalds, Workers, Instacart Locations: Wall, Silicon, Charlotte , North Carolina
DoorDash — Shares tumbled about 4% ahead of the company's quarterly earnings announcement Wednesday after the bell. Despite reporting better-than-expected earnings and revenue in the second quarter, its third-quarter revenue guidance was lower than analysts were expecting. Leidos Holdings — The defense solutions company's shares rallied 6.7% after its second-quarter results topped analyst estimates. Eaton Corporation — The power management company's shares increased 5.6% after beating analyst expectations on both earnings and revenue in the second quarter. Meanwhile, analysts had estimated $2.59 earnings per share on $2.19 billion in revenue, according to FactSet.
Persons: Refinitiv, ResMed, Adrienne Yih, Leidos, FactSet, — CNBC's Alexander Harring, Yun Li, Pia Singh, Tanaya Macheel, Michelle Fox, Sarah Min Organizations: Toyota, Securities, SEC, RBC, Barclays, JetBlue Airways –, American Airlines, Technologies, Cruise Line Holdings, Norwegian Cruise Line, Rockwell Automation, Systems, Molson Coors Beverage —, StreetAccount, Leidos Holdings, Eaton Corporation, Global Payments Locations: San Diego , U.S, Manhattan, Monday's, FactSet
If you're applying for a job, it may seem like all there is to it is making sure your resume reflects the language of the job description, your cover letter explains why you want the position, you've had multiple people read both — and then, finally, you've sent in all of your material. While those are all crucial steps in the job application process, there is one more step that comes after applying which "everyone fails on," says Nolan Church former Google and DoorDash recruiter and the current CEO of Continuum, a talent marketplace for executives. That's following up the application with a message on LinkedIn and a personalized email to the company hiring manager and even its CEO. Even if the company you're applying to is Amazon and you're sending an email to Andy Jassy, do it, Church says. Here's how to go about writing these messages and why he thinks they're critical.
Persons: you've, Nolan, Tony Xu, Andy Jassy Organizations: Nolan Church, Google, Continuum Locations: DoorDash
Uber drives further up the road to redemption
  + stars: | 2023-08-01 | by ( ) www.reuters.com   time to read: +2 min
Uber branding is seen on private hire vehicle parking rank at Chopin Airport in Warsaw, Poland, March 22, 2023. NEW YORK, Aug 1 (Reuters Breakingviews) - Uber Technologies (UBER.N) Chief Executive Dara Khosrowshahi is shifting the ride-hailing company into a higher gear, but investors are lagging behind. Uber shares fell almost 6% on Tuesday morning, taking some of the shine off a stock that has almost doubled since the beginning of the year. Khosrowshahi remains some way from his destination on the road to redemption. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Dara Khosrowshahi, Lyft, Tony Xu, Jennifer Saba, Aston Martin, Steve Cohen, Peter Thal Larsen, Sharon Lam Organizations: Chopin, NEW, Reuters, Technologies, Twitter, Thomson Locations: Warsaw, Poland, DoorDash, Khosrowshahi, Japan, India
Morgan Stanley reiterates Tesla as equal weight Morgan Stanley said in its annual ask the interns survey that Tesla favorability fell. " Morgan Stanley reiterates PayPal as overweight Morgan Stanley said it's bullish heading into PayPal earnings on Wednesday. " Oppenheimer reiterates Target as outperform Oppenheimer said investors should buy the dip ahead of Target earnings later this month. Bank of America reiterates DraftKings as buy Bank of America is bullish heading into earnings later this week. Morgan Stanley reiterates Ford as overweight Morgan Stanley said it's standing by its overweight rating, but that the company needs an electric vehicle strategy change soon.
Persons: Baird, it's, Cantor Fitzgerald downgrades Rivian, Cantor, Morgan Stanley, Tesla, Read, RMD, PYPL, Oppenheimer, Canaccord, Estee Lauder, DraftKings, DoorDash, comps, Bernstein, Goldman Sachs, Goldman, Ford Organizations: Apple, Mercedes, Barclays, 2H23, RBC, PayPal, Citi, EL, Amazon, Bank of America, Anheuser, Busch InBev, Goldman, Meta Locations: US
Mr. Solis, who earns about $3,500 a month delivering for apps like DoorDash, used to send about $1,500 monthly. Since the spring, he has had to send more than $2,000 to cover the same expenses, something he does by working longer days. That means each dollar Mr. Solis sends covers less of the budget back home. In 2022, those working abroad, primarily in the United States, sent more than $61 billion to Mexico. The largest portion of that money goes to food and clothes, followed by health care, according to the Wilson Center, a Washington research organization.
Persons: Antonio Solis, Solis Organizations: Wilson Locations: New York City, Monterrey, Mexico, India, United States, Washington
Instacart has cut its minimum base pay to $4 from $7 per order, angering many who work for the app. The cut affects base pay, or an amount that Instacart workers are guaranteed to get if they accept an order. Instacart announced the lower base pay in a July 20 blog post entitled "creating new ways to earn." In the post, Instacart said orders that involve picking and delivering many items "may pay $10 or more" in base pay. Lower base pay means more reliance on tipsBoth Hudson and the driver in Tennessee said that the base pay cut makes customers' tips a more important source of income.
Persons: Instacart, Daniel Danker, Danker, I've, Alexia Hudson, she's, it's, Sergio Avedian, Guy, That's, Uber Organizations: Service, Instacart, Shoppers Locations: Wall, Silicon, Instacart, Tennessee, Indiana, South Carolina, Charlotte, she's, Los Angeles
It’s not difficult to see why – economic data released this past week points to a cooling but still strong economy. Still, it’s far too soon to assume that a soft landing is in the bag. There’s more economic data slated for release this coming week, and the US labor market is in focus. The Bureau of Labor Statistics’ latest jobs report is due Friday. Friday: Jobs report for July.
Persons: Jerome Powell, ” Powell, , Jeffrey Roach, WhatsApp, Catherine Thorbecke WhatsApp, Read, Kraft Heinz, Yum, Kellogg, Jobs Organizations: CNN Business, Bell, CNN, Federal Reserve, Fed, Commerce Department, LPL, Bureau of Labor Statistics, Labor, Survey, ADP, Labor Statistics ’, Community Bank, Caterpillar, Pfizer, Uber, Marriott, Starbucks, PayPal, CVS, Kraft, Brands, DoorDash, Apple, ConocoPhillips, Booking Holdings, Warner Bros
All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.
Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho
Digital ad vultures descend on TV’s carcass
  + stars: | 2023-07-28 | by ( Jennifer Saba | ) www.reuters.com   time to read: +3 min
NEW YORK, July 28 (Reuters Breakingviews) - The digital advertising hunt is back on. Reuters Graphics Reuters GraphicsAlthough Meta and Alphabet dominate the digital ad market, there’s plenty of money yet to fight for. Comcast (CMCSA.O), for example, said on Thursday that U.S. ad revenue at its NBC Universal media division fell 5% and overall EBITDA was down nearly a fifth. Despite the volatile nature of advertising revenue because of its close links to economic trends, it also typically generates healthy operating margins. It’s no wonder then that Amazon.com (AMZN.O), Walmart (WMT.N), DoorDash (DASH.N) and many more are descending on TV’s carcass.
Persons: Mark Zuckerberg, Jerome Powell, WPP’s, Jeffrey Goldfarb, Sharon Lam Organizations: YORK, Reuters, Meta, Google, Uber Technologies, Netflix, Facebook, YouTube, Conference Board, Federal, PepsiCo, Reuters Graphics Reuters, Comcast, NBC Universal, Walmart, Thomson Locations: New York
Hiring recruiters are busy people, notoriously spending very little time on each resume they look at to decide if a candidate will move forward. "My advice would be, optimize a resume for 10-second viewership," says Nolan Church, who's worked in talent acquisition in companies like Google and DoorDash and who's currently the CEO of talent marketplace Continuum. That may be the only window recruiters ultimately allot. Here are three green flags that signal to Church that you're a good candidate. "Even if you're in engineering and you're able to articulate how you helped customers," he says, "it's a huge positive."
Persons: Nolan Church, who's, you've Organizations: Google, Continuum, McKinsey, Bain
What’s happening: Two years ago, Lina Khan, 34, became the youngest and perhaps most progressive leader of the FTC’s 100-plus year history. Khan, meanwhile, was unable to successfully block Microsoft from closing its $69 billion purchase of videogame publisher Activision Blizzard last week. The rise of gig workers is changing the face of the US economyFrom CNN’s Samantha DelouyaLazarus Limo usually starts his day at 10 a.m. But workplace experts say the number of gig workers is growing, and and their impact is being felt throughout the economy. But whether the success of both films will translate into a sustained revival of the movie industry remains to be seen.
Persons: New York CNN —, Biden, Lina Khan, haven’t, Khan, Kevin Kiley, Joe Biden, , Brian Fung, ” Khan, , ” What’s, She’s, Samantha Delouya Lazarus, , that’s, Louis Hyman, ” Read, “ Barbie ”, “ Oppenheimer, Anna Cooban, “ Barbie, Barbie ”, ” Daniel Loria, Disney’s “ Indiana Jones Organizations: CNN Business, Bell, New York CNN, Apple, Microsoft, Nvidia, of America, Big Tech, Federal Trade Commission, FTC, White, Activision Blizzard, Republican, Economic, of New, Yale Law, Amazon, Bloomberg, Tech, Meta, Uber, CNN, DoorDash, of Labor Statistics, Cornell University, “ Society, Insiders, Warner Bros, Universal Studios, Warner Bros ., AMC, Hollywood Locations: New York, California, of New York, Hill , North Carolina, , United States, Instacart, Disney’s
Some delivery drivers are shaming customers who leave tips that they think are too small. DoorDash said it's looking into a TikTok video that appears to show a delivery driver complaining about a $5 tip. It shows a screenshot of an apparent text message from a DoorDash delivery driver. DoorDash told Insider that it was looking into the video. Some DoorDash drivers have told Insider that they are highly dependent on tips for their earnings.
Persons: DoorDash, Ethan Melillo, Melillo Organizations: Service Locations: Wall, Silicon
The number of gig workers is growing and making an impact throughout the economy. But workplace experts say the number of gig workers is growing, and and their impact is being felt throughout the economy. “People who have access to the gig economy borrow less money than people who don’t. Working in the gig economy can help people spend more time searching for their next job, if they've been laid off. “We could do so much better.”Recently, local governments have attempted to bolster platform gig workers’ protections.
Persons: Los Angeles CNN — Lazarus, , that’s, Eric Baradat, Louis Hyman, Uber, DoorDash, Jenn Rosenberg, Hyman, , Erica Groshen, they've, Spencer Platt, Doordash, Susan Houseman, Groshen, we’ve, ” Groshen, they’re Organizations: Los Angeles CNN, Uber, CNN, DoorDash, Getty, of Labor Statistics, Cornell University, “ Society, University of Chicago, IRS, Bureau of Labor Statistics, Massachusetts Institute of Technology, BLS, . Upjohn Institute, Employment Research, North, New York City, Federal Reserve, Federal, System Locations: Hill , North Carolina, , United States, AFP, DoorDash, Kalamazoo , Michigan, North America, New York, California
New York CNN —Domino’s is still suffering declines in its delivery business. But Domino’s (DPZ) still doesn’t want to use outside delivery drivers. Nathan Papes/Springfield News-Leader/USA Today Network/ImagnWeiner said that Domino’s is getting more applications for delivery drivers now than it did in 2019, an encouraging sign. In addition to the electric vehicles, Domino’s has more than 1,000 non-EV cars in its fleet, Weiner said on Monday. By using its own drivers, Domino’s has more control over the delivery experience.
Persons: New York CNN — Domino’s, Uber, Russell Weiner, Nathan Papes, Imagn Weiner, Domino’s, , Weiner, Sandeep Reddy, ” Reddy, Reddy, Christopher Carril, ” Weiner Organizations: New, New York CNN, Chevy, Springfield News, USA, RBC Capital Markets Locations: New York,
The market for e-bike delivery has grown dramatically in the past few years. Here's how startups, delivery companies, and city governments are improving safety. The explosion of delivery startups and e-bikes in the past few years has led to a new type of boom: increasing battery fires. "E-bike batteries are made up of a bunch of small batteries stacked together," Charlie Welch, ZapBatt's cofounder and CEO, said. JOCOOther startups, such as Popwheels, are engineering safe batteries that are compatible with the e-bikes delivery drivers already own.
Persons: , Uber, Ravindra Kempaiah, Michael Pecht, Brian O'Connor, O'Connor, Charlie Welch, ZapBatt's, Welch, Jonathan Cohen, Grubhub, Jonathan A, Cohen, David Hammer, Hammer, Baruch Herzfeld, they've, We've Organizations: Bloomberg, Zen Electronics, University of Maryland, Fire Protection Association, UL Solutions, US Consumer Product Safety Commission, UL Locations: New York City, New York, Halifax , Nova Scotia, China, Carlsbad , California, Brooklyn , New York
"I think a lot of people in my world and IPO world are expecting this V-shaped recovery for the IPO market." The IPO market had been in the doldrums since February 2022, when Russia's invasion of Ukraine began. It was a small but positive sign for the many tech deals waiting for a better IPO market." Some signs are emerging that the IPO market is starting to thaw out. Ultimately, that's what we need for the IPO market to heat back up," said Daniels.
Persons: we'll, Barrett Daniels, , Doordash, bode, Matthew Kennedy, Kennedy, Daniels, Organizations: Publicly, Deloitte, GE HealthCare, Lucid, Agilon Health, Water Works, Renaissance, Clearwater Analytics, Tech, Federal Locations: Ukraine, Clearwater, Cava
Delivery drivers are weighing in on a contentious debate over what constitutes a good tip. Some drivers say a good tip is roughly 15% to 20% gratuity on the total cost of a delivery order. The drivers Insider interviewed generally agreed that the baseline for a good tip is between 15% to 20% of the total bill — including taxes and fees. Percentage-based tips don't always account for the time and effort it takes to deliver an order, drivers said. Consider delivery time and distance when tipping, drivers sayWhether a $5 tip on a $20 order is good (or bad) can depend on the circumstances of the delivery.
Persons: DoorDash, Uber, Vong, Heaven Leigh, Leigh, Dashers, Patrick Schoonover Organizations: Service, nab Locations: Wall, Silicon, New York City, Manhattan, Phoenix, Arizona
Mark Cuban believes he became a billionaire because he's been hustling and selling since childhood. Cuban recently bragged about his 13-year-old son Jake's side hustle selling candy at school on an episode of comedian Kevin Hart's Peacock talk show "Hart to Heart." "He's hustling and selling stuff all of the time," Cuban said in the interview, adding that Jake is tracking and organizing his efforts, too. "He shows me his spreadsheet because he's buying candy and selling it at school," Cuban told Hart, chuckling. Hart noted that Cuban must have been "mind-blown" to see his son taking a candy side hustle so seriously.
Persons: Mark Cuban, he's, Cuban, Kevin Hart's Peacock, Hart, Jake, wouldn't, Cuban's Organizations: Dallas Mavericks, Cuban
The number of people doing platform gig work like deliveries on apps in the US grew by over 150% during the pandemic. The researchers used tax data from 90 gig economy platforms and apps for their analysis. "COVID was a watershed moment for a particular type of platform gig work, which is delivery work," Koustas said. Gig workers became younger and more female; 44% of transportation and delivery platform workers were female by 2021, per the working paper. While platform gig work climbed during the pandemic, a research brief about the working paper results states that other contract and freelance work fell during COVID.
Persons: Dmitri Koustas, COVID, Koustas Organizations: Service, The University of Chicago Harris School of Public, McKinsey, Workers, Economic Policy Institute Locations: Wall, Silicon, United States
Schlabs also reached out to clients she wanted to work with on social media. I am reaching out to see if you are in need of product photography and/or social media content creation. I know how overwhelming it can be to constantly need new content for social media and ads. He said he starts by compiling a list of 50 dream clients and gets their contact details from social media or their website. He suggested freelancers build their profiles on social media and Google before cold-emailing and prepare a "brief, simple, and straightforward" positioning statement to describe what they do.
Persons: they've, they're, Deirdre Schlabs Deidre Schlabs, Schlabs, She'd, Christian Di Bratto, Di Bratto, YouTuber Justin Escalona, Tommy Schoenith, Gal Akbari, Read, who's, Spaudo, Jenny Rose Spaudo Jenny Rose Spaudo, Hunter, Jenny Rose, she'd, Boye, Matthew Boye Matthew Boye, Kamaru Usman, hadn't, he's, I've, you've, Glantz, Jen Glantz Jen Glantz Organizations: Boston, influencers, Google, Hire Locations: Instagram, Toronto, Nigerian
"High level, we want this to become something like your personal AI friend," said developer Div Garg, whose company MultiOn is beta-testing an AI agent. The race towards increasingly autonomous AI agents has been supercharged by the March release of GPT-4 by developer OpenAI, a powerful upgrade of the model behind ChatGPT - the chatbot that became a sensation when released last November. GPT-4 facilitates the type of strategic and adaptable thinking required to navigate the unpredictable real world, said Vivian Cheng, an investor at venture capital firm CRV who has a focus on AI agents. OpenAI itself is very interested in AI agent technology, according to four people briefed on its plans. There are at least 100 serious projects working to commercialize agents, said Matt Schlicht, who writes a newsletter on AI.
Persons: Siri, Alexa, Tony Stark's, Kanjun Qiu, Reid Hoffman, Mustafa Suleyman, Qiu, OpenAI, Vivian Cheng, CRV, Aravind Srinivas, Jarvis, Yoshua Bengio, Satya Nadella, Apple's Siri, it's, Google, Edward Grefenstette, Jason Franklin, WVV Capital, Hesam Motlagh, Matt Schlicht, Anna Tong, Jeffrey Dastin, Kenneth Li Organizations: Microsoft, Google, U.S . Federal Trade Commission, Reuters, FTC, OpenAI's, Financial Times, Amazon, Alexa, Investors, WVV, Google Ventures, Entrepreneurs, Thomson Locations: Silicon, Jarvis, GPT, Cognosys, San Francisco, Palo Alto
July is National Ice Cream Month, and July 16 is National Ice Cream Day. Here's some of the places with free ice cream and other deals on National Ice Cream Day. Lucky for us, July is National Ice Cream Month, and today is National Ice Cream Day, so there's plenty of deals and discounts on ice cream on offer. Insomnia CookiesInsomnia Cookies is offering a free scoop of ice cream with an in-store purchase or local delivery order, from July 14-16. Van LeeuwenFor any New Yorkers, Van Leeuwen's cofounders and Lead Ice Cream Taster will be handing out free ice cream next week, on July 18, from 4-6pm at their SoHo location.
Persons: Robbins, Uber, Carvel, Leeuwen, Van Leeuwen's cofounders Organizations: Cream, Service, Baskin Locations: Wall, Silicon, DoorDash, order.carvel.com
I got COVID-19 halfway through a two-month trip that I'd carefully budgeted in advance. I had to find a hotel where I could quarantine and had to get all my meals and supplies delivered. The hotel had standard hotel rooms, which meant that I had access to a microwave, refrigerator, and sink, but no kitchen. Getting COVID-19 was inconvenient and stressful, but it didn't have any impact on my overall financial health going forward. There are many options when you travel, such as having a travel emergency fund or paying for travel insurance.
Persons: vising, COVID Organizations: Service, FAA Locations: Wall, Silicon, Philadelphia, West Virginia, Washington
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