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☆ The US Air Force's potential shift to adaptable 'light fighters' to solve budget woes is more complicated than it seems
▼ + stars: | 2024-09-03 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +32 min

US Air Force photo illustration by Staff Sgt. The Air Force needs new missiles, new bombers, and new fighters — but is struggling to pay for them allThe B-21 Raider in flight at Edwards Air Force Base, California. Cultural inertia in the fighter businessUS Air Force fighter aircraft fly in formation. A rendering of a future crewed next-generation air dominance aircraft by the US Air Force Research Laboratory. Nonetheless, for a cash-strapped Air Force, this would be a significant challenge.

Persons: David Allvin, Parth Satam, Allvin, Madeline Herzog, that's, it's, Will Roper, I'm, Charles, CQ, Brown, Preston Cherry, America's, Lockheed Martin, Northrop Grumman, Marine Corps Lockheed Martin, Peter Nicholls, —, Danielle Purnell, Frank Kendall, Tom Williams, Will Roper's, Kendall —, I've, Kendall, there's, Northrop Grumman's, Roper, Giancarlo Casem, today's, they've, wouldn't, John Raven, James M, Holmes, we've Organizations: Service, senior Air Force, Air Force, Global Air, Space Chiefs, Conference, UK's, Space Power Association, Business, Fighter, US Air Force, Force, American, Next, Sabre, Convair, Delta Dart, Rand Corporation, National Museum of, Staff, Joint Chiefs, Raptors, Royal Norwegian Air Force, Senior, Boeing, Lockheed, US, Marine Corps Lockheed, Royal International Air, Reuters, Getty, Capitol, Raider, Air, Edwards Air Force Base, DARPA, USAF, III, America, Minuteman, Sentinel missile, Pentagon, Lockheed Martin Aeronautics Company, Sentinel, Defense, Tech, Combat Command, US Air Force Research Laboratory, Sandboxx Locations: London, American, Fairford, Britain, Fort Worth, California, United States, Soviet Union, Marietta , Georgia, America, Europe

☆ Blitzy, a Boston startup automating coding, just raised $4.4 million using this 10-slide pitch deck
▼ + stars: | 2024-09-03 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Startup Blitzy has raised $4.4 million to build its team in Boston. A former Nvidia engineer cofounded Blitzy to automate custom software development. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBlitzy, a new startup using AI copilots to automate coding, has raised $4.4 million.

Persons: Blitzy, — Organizations: Nvidia, Service, Harvard Innovation Lab, Business Locations: Boston

☆ Corporations are accelerators of change and have to bring employees along the journey, says LiveRamp's people and culture executive
▼ + stars: | 2024-08-29 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

Sharawn Tipton is the chief people and culture officer at LiveRamp, a data-collaboration software-as-a-service company, overseeing human resources and culture across 1,400 employees globally. Instead of telling our team members not to use ChatGPT and putting all this governance around it, we want to hear how they are thinking about using it. We need to be open and honest with our team members about what this means for them. We need to be future-focused and bring team members along on that journey. What are the synergies there, and how do we utilize that to bring out the very best in our team members?

Persons: Sharawn Tipton, —, I've, Tipton, we've, We're, we're Organizations: Service, BI, Group, National Society of Black Engineers, Women Locations: Oakland , California, LiveRamp

☆ Nvidia’s earnings report makes us want to buy more of this industrial stock
▼ + stars: | 2024-08-29 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jensen Huang, shouldn't, Huang, Salesforce, Jim, Jim Cramer's, DOV Organizations: CNBC, Nvidia, Dover Locations: Dover

☆ Salesforce gets back on track — here's what the software giant needs to deliver next
▼ + stars: | 2024-08-28 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Salesforce shares jumped more than 4% in extended trading Wednesday after the enterprise software giant beat sales and earnings expectations in the second quarter. Salesforce Why we own it : Salesforce is a leading enterprise software tool for companies across all industries, helping employees to better communicate with colleagues internally and with their customers. Salesforce's new AI tools — which it is calling autonomous AI sales agents — may be the company's answer to this negative thesis. The next task for Salesforce is proving these new AI products will become a material driver of revenue growth. For the third quarter, Salesforce forecasts revenues of $9.31 billion to $9.36 billion, which is below the $9.4 billion estimate.

Persons: cRPO, —, Marc Benioff, It's, they're, Benioff, Salesforce, Brian Millham, Amy Weaver, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Revenue, LSEG, SAP, Microsoft, Salesforce, Club, Nvidia, Federal, Management, CNBC, Bloomberg, Getty Locations: Americas, San Francisco , California

☆ Why Cramer advises against running out to buy Nvidia's post-earnings stock dip
▼ + stars: | 2024-08-28 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Jim doesn't see a need to step in first thing Thursday morning and buy the dip. Through its Nvidia AI Enterprise service, Nvidia is in the process of building out a potentially massive software business. Quarterly commentary During Nvidia's fiscal second quarter, better-than-expected sales were driven by strength in all key segments, including a Data Center segment revenue record. Regarding China, Kress said, "Data Center revenue in China grew sequentially in Q2 and is a significant contributor to our Data Center revenue. Guidance Taking a closer look at guidance, Nvidia's fiscal third quarter may not have beaten the Street's estimates by the magnitude some were hoping for, but it's far from disappointing.

Persons: Lindy, Triple Lindy, Jensen Huang, Hopper, Blackwell, Jim Cramer, Jim doesn't, Colette Kress, Kress, it's, inferencing, ChatGPT, Cloud prem, Nvidia Isaac, Jim Cramer's, Jim, Andrej Sokolow Organizations: Nvidia, Revenue, Triple, Moore's, Hopper, Blackwell, Amazon Web Services, Google, Enterprise, Devices, Intel, Apple, Data Center, Networking, Management, Data, Centers, Automotive, Siemens, Nvidia Blackwell, Mercedes, Benz, Nvidia Omniverse, CNBC, Getty Locations: China, Boston, Silicon Valley

☆ AI will reshape the global labor force. Employers will need to help their workers keep up.
▼ + stars: | 2024-08-28 | by ( Tim Paradis | ) www.businessinsider.com time to read: +10 min

AdvertisementMissy Scalise has begun using AI to cut down on the amount of work she has to do after hours. In 2023, the World Economic Forum reported that employers expected 44% of workers' skills to be "disrupted" within five years. Another challenge with inserting AI into an organization is that it's often difficult to tell which skills workers possess and where they might need training. Charlotte Relyea, a senior partner at McKinsey & Co., believes that leaders need to plan now so they can better forecast the abilities workers will need. Leaders need to think about this as a transformation — what she described as "painting the picture of the future."

Persons: Missy Scalise, Ascension Saint, Suki, Scalise, Chesley Summar, Ravin, Mercer, Jesuthasan, It's, Jon Lester, Lester, it's, Julia Grace Samoylenko, Samoylenko, Gallup, Johnson, Elise Smith, Smith, They're, haven't, you've, Nathalie Scardino, Scardino, Charlotte Relyea, Relyea, she's Organizations: Ascension, International Monetary Fund, Economic, IBM, Johnson, Praxis Labs, Labs, McKinsey & Co, McKinsey Locations: Nashville, upskilling

☆ Google to relaunch tool for creating AI-generated images of people after pulling service due to inaccuracies
▼ + stars: | 2024-08-28 | by ( Todd Haselton | ) www.cnbc.com time to read: +1 min

Google said it will soon allow users to create images of people using its Gemini artificial intelligence tool, after pulling the AI image generation option in February. "We've worked to make technical improvements to the product, as well as improved evaluation sets, red-teaming exercises and clear product principles," Citron wrote. Google paused its image generation feature earlier this year after saying it was offering "inaccuracies" in historical pictures. "Of course, as with any generative AI tool, not every image Gemini creates will be perfect, but we'll continue to listen to feedback from early users as we keep improving," Citron wrote. "We'll gradually roll this out, aiming to bring it to more users and languages soon."

Persons: Dave Citron, We've, Citron Organizations: Google, Gemini, Business, Enterprise Locations: Brussels, Belgium, British

☆ Visual AI startup NEX raises $3.5 million seed round led by Foundation Capital
▼ + stars: | 2024-08-27 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +4 min

Lam aims to change that with NEX, which develops AI image tools for entertainment, gaming, and marketing. Founded in late 2023, the company recently raised a $3.5 million seed round led by Foundation Capital, with participation from Point72 Ventures. NEX does this by enabling users to generate images inspired by other images, not just text inputs, in a "real-time canvas." The startup's tech can also tailor the AI models based on a customer's existing data, a process called finetuning, or even develop models from scratch. Lam's vision for NEX is to be the "visual media tool for the AI era."

Persons: —, Darius Lam, Lam, NEX Ikon, NEX, OpenAI's Organizations: Service, Business, Foundation Capital, Point72 Ventures, NEX, Cerebras Systems, Adobe, Autodesk

☆ Internal Amazon sales guidelines spread doubt about OpenAI capabilities while bad-mouthing Microsoft and Google
▼ + stars: | 2024-08-26 | by ( Eugene Kim | ) www.businessinsider.com time to read: +10 min

Other talking points from the documents include OpenAI's lack of access to third-party AI models and weak enterprise-level contracts. "For generative AI workloads, AWS will compete most often w/ Microsoft's Azure OpenAI Service, OpenAI (directly), and Google Cloud's Generative AI on Vertex AI," one of the documents said. Instead, Amazon has prioritized selling AI tools like Bedrock, which gives customers access to third-party AI models. The sales guidelines also outline how AWS sales reps should respond to customers' questions about Microsoft and Google. In situations where Microsoft pitches its AI-powered analytics software, Fabric, to customers, AWS salespeople are instructed to say, "Microsoft Fabric is a new (unproven) offering."

Persons: —, It's, isn't, ChatGPT, OpenAI, OpenAI's, Sam Altman, Jason Redmond, Claude, Satya Nadella, Justin Sullivan, Maia, We're, they're, doesn't, Atle Erlingsson Organizations: Microsoft, Google, AWS, Service, Business, OpenAI, Amazon, Nvidia, Getty, Meta, Amazon's, AI, Fortune Locations: AFP

☆ CEOs need to embrace a technologist mindset to lead innovation today, the Weber Shandwick's Chris Deri says
▼ + stars: | 2024-08-26 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

Chris Deri leads Weber Shandwick's corporate-advisory business and is on BI's Workforce Innovation board. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Research conducted by the firm, Deri said, found CEOs were prioritizing AI, even if they didn't yet know how to get started. Is AI really occupying the minds of business leaders as much as we think?

Persons: Chris Deri, Weber, execs, —, Deri, we've, There's, it's, Jamie Dimon Organizations: Service

☆ Stocks making the biggest moves midday: Cava, Intuit, Ross Stores, Workday and more
▼ + stars: | 2024-08-23 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Cava Group — Shares of the fast-casual restaurant chain popped more than 21% on stronger-than-expected quarterly results . Cava posted earnings of 17 cents per share on $233 million in revenue in the fiscal second quarter. That topped LSEG estimates calling for earnings per share of 13 cents and revenue of $220 million. Ross Stores — The off-price retailer's stock price added 1.4% after the company beat earnings estimates by 9 cents a share in the second quarter. Ross matched revenue estimates of $5.25 billion, per LSEG.

Persons: Cava, Warby Parker, Nicholas Jones, Goldman Sachs, Bill.com, Ross, Tesla, Jerome Powell's, Piper Sandler, — CNBC's Hakyung Kim, Jesse Pound, Brian Evans, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Intuit —, Intuit, FactSet, JMP Securities, Warby's, UBS, Ross Stores, LSEG, Nvidia, Federal, Investors, VanEck Semiconductor Locations: Cava, Vegas, Macau

☆ AI copilots are making internal breaches easier and costlier to defend against
▼ + stars: | 2024-08-23 | by ( Rachel Curry | ) www.cnbc.com time to read: +7 min

At least, that's what data security experts like Matt Radolec, vice president of incident response at data security company Varonis, say. "Copilots have pass-through permissions," Radolec said. There's also value in proceeding at a slow and steady pace with gen AI processes. Instead, Ensono is developing its own tool so the company can better enable and control its data security. Gen AI has made cybersecurity mistakes costlier, and insiders now pose a bigger threat — malicious or otherwise — than ever before.

Persons: Matt Radolec, GitHub, Salesforce's Einstein, Radolec, it's, they've, Shawnee Delaney, Uber, Delaney, Meredith Graham, I'm, Graham, costlier Organizations: Istock, Getty, Vaillance Group, Defense Intelligence Agency, Merck, Microsoft Locations: —

☆ Housing market is looking positive going into fall with rate cut expectations, says Bess Freedman
▼ + stars: | 2024-08-23 | 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 EmailHousing market is looking positive going into fall with rate cut expectations, says Bess FreedmanAndy Walden, ICE vice president of enterprise research; Bess Freedman, Brown Harris Stevens CEO; and David Tinsley, Bank of America Institute senior economist, join CNBC's 'The Exchange' to discuss the housing market.

Persons: Bess Freedman Andy Walden, Bess Freedman, Brown Harris Stevens, David Tinsley, CNBC's Organizations: Bank of America Institute

☆ The mistake that put Russian hacker Vladislav Klyushin behind bars
▼ + stars: | 2024-08-23 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

The cybersecurity scam targeted well-known American companies like Skechers, Snapchat and Roku. As Vladislav Klyushin's cybersecurity scam grew, collecting more than $93 million in less than three years, the FBI's investigation was closing in on unraveling his scheme. CNBC's new original podcast series "The Crimes of Putin's Trader" takes you inside the mission to put Klyushin behind bars. The third episode of the podcast details how Klyushin made a critical mistake, finally opening the door for U.S. law enforcement to step in. The latest episode of the original podcast series takes listeners through the action – right up to when Klyushin steps off the plane in Switzerland, completely unaware of his catastrophic mistake.

Persons: Klyushin, Vladislav Klyushin's cybersecurity, Vladislav Klyushin, Eamon Javers, —, you've, Steven Frank, Javers, Frank, we're Organizations: FBI, U.S, U.S . Department of Justice, CNBC, Washington, Swiss Federal Police Locations: Russian, Russia, Moscow, U.S, Switzerland

☆ How the 2024 election could impact homebuilder stocks
▼ + stars: | 2024-08-23 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +2 min

In this article DHILENPHM Follow your favorite stocks CREATE FREE ACCOUNTShareholder returns for top homebuilders D.R. Horton and Lennar outpaced the wider S&P 500 between August 2014 and August 2024. Quintero's research suggests lower levels of competition among homebuilders may contribute to the U.S. housing shortage. "The supply shortage that we have estimated [is] anywhere from 2 [million] to 8 million. Some people put it at even 20 million housing units that we are short," said Tobias Peter, co-director of the American Enterprise Institute's Housing Center.

Persons: LEN PHM, Horton, Lennar, LEN, Luis Quintero, Tobias Peter, Margaret Whelan, Whelan Organizations: Industry, Johns Hopkins University Carey School of Business, American Enterprise Institute's Housing Locations: United States, California, Texas

☆ Mapping Ukraine’s Surprise Invasion of Russia
▼ + stars: | 2024-08-23 | by ( Josh Holder | ) www.nytimes.com time to read: +6 min

Mapping Ukraine’s Surprise Invasion of RussiaAfter two and a half years of fighting a war on their own soil, Ukrainian forces are continuing to advance within Russia, as their surprise invasion of the Kursk region enters its third week. RUSSIA Ukraine has continued to advance in recent days, although the pace of its territorial gains has slowed. UKRAINIAN TROOPS Guyevo UKRAINE Sumy 5 miles RUSSIA Ukraine has continued to advance in recent days, although the pace of its territorial gains has slowed. UKRAINIAN TROOPS Guyevo UKRAINE Sumy 5 miles RUSSIA Ukraine has continued to advance in recent days, although the pace of its territorial gains has slowed. UKRAINIAN TROOPS Guyevo UKRAINE Sumy 5 miles RUSSIA Ukraine has continued to advance in recent days, although the pace of its territorial gains has slowed.

Persons: Oleksandr Syrsky, Volodymyr Zelensky Organizations: Korenevo, American, Institute for, Labs, Planet Labs, Military, Kremlin Locations: Russia, Kursk, Ukraine, RUSSIA Ukraine, UKRAINE Sumy, UKRAINIAN, Washington, RUSSIA, UKRAINE RUSSIA, UKRAINE, Glushkovo, U.S, Pokrovsk, Niu

As part of the bid, Bronfman would acquire a minority stake in Paramount. However, after placing the bid, Bronfman raised more funds to support a higher bid, said the person, who asked to remain anonymous to speak about specifics of the offer. On Wednesday, Bronfman upped the bid and submitted a revised offer of $6 billion, the person said. The agreement included a 45-day "go shop" period during which Paramount could solicit other offers. Money manager Mario Gabelli reportedly filed a lawsuit looking for Paramount to turn over its books related to the Skydance deal — a possible first step toward a lawsuit challenging the deal.

Persons: Edgar Bronfman Jr, Bronfman, Shari Redstone's, Edgar Bronfman , Jr, Skydance, Mario Gabelli, Scott Baker Organizations: Paramount Global, Skydance, Paramount, Skydance Media, Bronfman Consortium, RedBird Capital Partners, KKR, National, Amusements, nonvoting Paramount, Warner Music, Seagram, Wall Street Locations: Paramount's

☆ Mike Lynch, man once dubbed 'Britain's Bill Gates,' dies at age 59
▼ + stars: | 2024-08-22 | by ( Ryan Browne | ) www.cnbc.com time to read: +9 min

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. Dominic Lipinski | PA Images | Getty ImagesDuring the course of the trial, Lynch took the stand in his own defense. He became a key voice supporting the U.K. technology industry, backing key names like cybersecurity firm Darktrace and legal tech firm Luminance. Mike Lynch, founder of software firm Autonomy, at the company's headquarters in, Cambridge, U.K., Aug. 24, 2000. Bryn Colton | Hulton Archive | Getty Images"I keep rare breeds," Lynch told LeadersIn in a 2016 interview.

Persons: Mike Lynch, Hewlett Packard, Chris Ratcliffe, Lynch, —, Angela Bacares —, Bacares, Hannah, Bill Gates, Graham Barclay, David Tabizel, Richard Gaunt, Thomas Bayes, Dominic Lipinski, Autonomy's, Stephen Chamberlain, Sushovan Hussain, Hussain, Thoma, Bryn, LeadersIn Organizations: Autonomy, Hewlett, Bloomberg, Getty, LONDON, CNBC, Sky News, Bancroft's, British Industry, University of Cambridge, Lynett Systems, Cambridge, South Yorkshire Police, Cambridge Neurodynamics, HP, U.S, Packard, Prosecutors, Capital Management, Thoma Bravo, BBC, Council for Science, Technology, Forbes, East Anglian Times, The Times Locations: Sicily, U.S, Porticello, Palermo, Italy, Ilford, East London, Chelmsford, English, Essex, Woodford Green, London, Cambridge, Britain, Suffolk, Bryn Colton, England

☆ 'Britain's Bill Gates': Who is Mike Lynch, the UK tech entrepreneur missing after superyacht sinks?
▼ + stars: | 2024-08-20 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. Lynch, 59, is the founder of enterprise software firm Autonomy. During the trial, Lynch took the stand in his own defense, denying wrongdoing and telling jurors that HP botched Autonomy's integration. "I keep rare breeds," Lynch told LeadersIn during an interview. Weeks before he was reported missing, Lynch told The Times newspaper of how he feared dying in prison if found guilty over the HP allegations.

Persons: Mike Lynch, Hewlett Packard, Chris Ratcliffe, Lynch —, Bill Gates, —, Lynch's, Angela Bacares, Hannah —, Morgan, Jonathan Bloomer, Judy, Clifford Chance, Chris Morvillo, Neda, Stephen Chamberlain, Chamberlain's, Lynch, Autonomy's, Chamberlain, Sushovan Hussain, Hussain, David Tabizel, Richard Gaunt, Thoma, LeadersIn, Weeks Organizations: Autonomy, Hewlett, Bloomberg, Getty, LONDON, U.K, Morgan Stanley, Reuters, HP, U.S, Prosecutors, University of Cambridge, Lynett Systems, Cambridge, South Yorkshire Police, Cambridge Neurodynamics, BBC, Council for Science, Technology, Capital Management, Thoma Bravo, Forbes, East Anglian Times, The Times Locations: Sicily, Porticello, Palermo, Italy, Cambridgeshire, England, Britain, U.S, Ilford, East London, Chelmsford, English, Essex, U.K, British, Suffolk

☆ LVMH CEO Bernard Arnault's family office goes shopping for AI startups
▼ + stars: | 2024-08-19 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

The $220 million round in May, which also included Aglaé, valued H at $370 million, according to the company. While the amounts of Aglaé's investments aren't disclosed, the funding rounds for the AI firms totaled more than $300 million, according to Fintrx. Aglaé also invested in a $25 million seed round for Lamini, a Palo Alto, California-based startup building enterprise AI applications. Aglaé joined Susquehanna to invest in the $27 million seed round for Toronto-based Borderless AI, a human resource management platform. Arnault and his family are, however, big art collectors, and Aglaé was an investor in a $9.5 million funding round for LaCollection, a digital art platform.

Persons: Google's, Wendy, Eric Schmidt, Aglaé, Arnault, Robert Frank Organizations: Accel Partners, Google, CNBC, Fintrx, Aglaé Ventures, Susquehanna, Toronto, Music Media, Back, Netflix, Spotify Locations: Palo Alto , California, New York, Photoroom, France, Paris, Sonarverse, Irvine , California, San Francisco, French, LVMH, Airbnb

☆ Bank of America names 3 ETFs and a handful of stocks that will benefit from AI
▼ + stars: | 2024-08-19 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Bank of America has identified several stocks and exchange-traded funds (ETFs) poised to benefit from the growth in artificial intelligence. The Wall Street bank surveyed its fundamental equity team of 130 analysts, covering approximately 3,400 companies, to identify the companies that stand to gain from AI across various sectors. The bank believes the development of AI is the third major tech cycle over the past five decades. The earlier cycles are the growth of the internet and mobile phone devices. "Despite AI capital expenditure potentially reaching [$1 trillion plus] in the near term, we're only in 1996 relative to the internet," said Bank of America analysts led by Alkesh Shah, who compiled the stock picks, on Aug 5.

Persons: Alkesh Shah, — CNBC's Michael Bloom Organizations: of America, Budweiser, Anheuser, Busch InBev, ASM International, SAP Locations: U.S, Orange, British

☆ AI can enhance human expertise and worker well-being, Clear Capital's EVP of strategy and growth says
▼ + stars: | 2024-08-15 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

Kenon Chen, a member of BI's Workforce Innovation board, is Clear Capital's strategy and growth EVP. This article is part of "Workforce Innovation," a series exploring the forces shaping enterprise transformation. AdvertisementAs a participant in BI's Workforce Innovation board, he's hoping to talk about how to surface the positive outcomes of AI. Why is the topic of workforce innovation a priority now? What are some concrete examples of how you're integrating AI innovation into the workforce?

Persons: Kenon Chen, —, Chen, appraisers, It's, it's Organizations: Service, Clear, United Wholesale Mortgage

☆ Inside the $93 million Wall Street heist that stemmed from Russia
▼ + stars: | 2024-08-15 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +4 min

Then, they traded based on that insight, buying and selling stock from well-known American companies like Skechers, Snapchat and Roku. Vladislav Klyushin, who was sentenced to nine years in an American prison for his $93 million hack-to-trade conspiracy. "[They're] breaking into these American companies," said Steven Frank, a federal prosecutor familiar with the case. "Stealing information day after day…and just trading on it." Zoom In Icon Arrows pointing outwards The homepage for the Russian cybersecurity firm M-13, which was stealing financial information from American companies.

Persons: Vladislav Klyushin, Klyushin's, Roku, Tesla, Steven Frank, Klyushin, Massachusetts CNBC's Eamon Javers, Javers, —, Evan Gershkovich, Ella Milman, Roberto Schmidt Organizations: Attorney's, Massachusetts, of Massachusetts, Tesla, FBI, U.S, Wall Street, Russia, Joint Base Andrews, Afp, Getty, CNBC Locations: Russian, U.S, Russia, Maryland

☆ Wyoming reporter caught using artificial intelligence to create fake quotes and stories
▼ + stars: | 2024-08-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +7 min

“The 2024 Cody Stampede Parade promises to be an unforgettable celebration of American independence, led by one of comedy’s most beloved figures,” the Cody Enterprise reported. In an editorial published Monday, Enterprise Editor Chris Bacon said he “failed to catch” the AI copy and false quotes. “It matters not that the false quotes were the apparent error of a hurried rookie reporter that trusted AI. It was my job,” Bacon wrote. Another story — about a poaching sentencing — included quotes from a wildlife official and a prosecutor that sounded like they came from a news release, Baker said.

Persons: HELENA, CJ Baker, Larry, Cable Guy, ”, Baker, Aaron Pelczar, Buffalo Bill Cody, Chris Bacon, “, ” Bacon, Pelczar, Bacon, I’ve, ” Baker, —, Mark Gordon, ” Michael Pearlman, It’s, Alex Mahadevan, ” Mahadevan, Megan Barton, Cody Enterprise’s, ” Barton, Poynter Organizations: Powell Tribune, Cable, Cody, Stampede, Cody Enterprise, Enterprise, Buffalo, ” Journalists, Associated Press, AP, Sports, Wyoming Gov, OSHA, Wyoming, Fish Department, Poynter Institute Locations: Mont, Wyoming

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