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CNN —NBC is bringing a version of famed sportscaster Al Michaels back to the Olympics this summer with an unlikely twist: His voice will be powered by artificial intelligence. NBC announced on Wednesday it will use AI software to recreate Michaels’ voice to deliver daily recaps of the Summer Games for subscribers of its Peacock streaming platform, a milestone for the use of AI by a major media company. The use of an AI voice for the Olympics comes as the technology has grown by leaps and bounds, particularly in its ability to create images, sound and text. NBC said the AI system was trained using prior NBC broadcast audio from Michaels. The highlights tool will be available on Peacock via web browsers and iOS and iPadOS apps starting July 27.
Persons: Al Michaels, Michaels, Peacock, ” Michaels, , CNN Michaels, He’s Organizations: CNN, NBC, Summer Games, Olympics, Amazon Prime, ABC, NBC Sports Locations: Paris, , Lake Placid , New York
Video shows protesters storm parliament in Kenya
  + stars: | 2024-06-25 | by ( Samantha Lindell | ) edition.cnn.com   time to read: 1 min
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MU YTD mountain Micron shares this year Nvidia's seemingly limitless rally stalled in recent sessions as investors took a break from semiconductor stocks. While it isn't a given that CEO Jensen Huang shows up at Nvidia's meeting, any commentary could provide an impetus for the stocks. Meeks noted that recent comments from Huang about AI chips during a trip to Asia spurred a bounce in shares. Comments could boost sentiment and convince investors the chip behemoth has yet to reach peak revenue, he added. Meeks called the selloff in chip stocks overdone, viewing a long-term runway for the AI theme at a reasonable valuation.
Persons: You've, Paul Meeks, Jensen Huang, Meeks, Huang, Meeks —, Harlan Sur, Christopher Danely, I'm Organizations: Nvidia, Micron Technology, Portfolio Management, MU, Micron, Broadcom, Qualcomm, JPMorgan, Citi Locations: Asia
CNN —Toys “R” Us is proving artificial intelligence could have a future in film. The retail toy brand premiered a short promo film at the 2024 Cannes Lions Festival in France this week that was created almost entirely by using OpenAI’s new text-to-video tool. Toys “R” Us said it believes it is the first brand to debut a film using the technology. A spokesperson for the creative agency told CNN that Toys “R” Us has not yet made a decision if the promo will become a TV ad. OpenAI has not yet announced an official release date for Sora but rumors indicate it could launch later this summer.
Persons: Charles Lazarus, Geoffrey the, “ Charles Lazarus, OpenAI, Organizations: CNN, Cannes Lions Festival Locations: France
Video shows protestors storm parliament in Kenya
  + stars: | 2024-06-25 | by ( Samantha Lindell | ) edition.cnn.com   time to read: 1 min
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"Enamelling is an ancient, ancient craft and has been going since the Byzantine times," Fein-Hughes told Business Insider. Cece Fein-Hughes founded Cece Jewellery in 2021. AdvertisementThe gold ring features a portrait of Taylor Swift's cat, Benjamin Button. "And it kind of represents Taylor Swift, who is literally on fire at the moment doing her world tour." Swift has not been publicly spotted wearing the ring yet, but Hadid told Fein-Hughes the ring was a hit with the Eras Tour star.
Persons: , Taylor Swift, Swift, — Olivia Benson, Meredith Grey, Benjamin Button — Swift, Karma, Gigi Hadid, Cece Jewellery, Hadid, Cece Fein, Hughes, Cece, Fein, it's, Taylor Swift's, Gigi Hadid's, Queen Elizabeth II's corgis, Kendall Jenner's Doberman ., Benjamin Button, Benjamin, Travis Kelce's, Taylor, Cece Jewellery Fein, Gigi, @gigihadid, It's Organizations: Service, Business, Hughes, Forbes, Fein, Kendall Jenner's Doberman . Fein, Poets Department, Swift, Press
CNN —A group of major record labels is suing two AI startups, alleging they wrongfully used popular artists’ work to train their systems to produce copyrighted music without their consent. Udio is the company behind “BBL Drizzy,” the AI-generated song that went viral last month during the Kendrick Lamar and Drake spat. Udio was founded last year by former Google DeepMind researchers to make it “easy for anyone to create emotionally resonant music in an instant,” according to the company. The platform, which allows users to create songs with only a few prompts, relies on OpenAI’s ChatGPT for lyrics and title development. Udio and Suno did not immediately respond to a request for comment.
Persons: Warner Records –, Udio, Kendrick Lamar, Drake, Suno, Mitch Glazier, , Billie Eilish, Kacey Musgraves, J Balvin, Jon Bon Jovi, Jonas, Katy Perry, Miranda Lambert, CNN’s Jordan Valinsky Organizations: CNN, Recording Industry Association of America, Sony Music Entertainment, Warner Records, Labs, BBL, Google, RIAA, Rights Alliance
Affirm — The buy now, pay later stock popped 10% after Goldman Sachs assumed coverage of the name at a buy rating. Roth MKM upgraded Cinemark to a buy from a neutral rating, saying that headwinds should soon shift to "very attractive tailwinds." Anheuser-Busch InBev — The brewing company's shares rose around 3% after UBS upgraded the stock to buy from neutral. Carrier Global — The heating and ventilation stock rose 3% on the heels of a Citi upgrade to buy from neutral. Energy stocks – A slate of energy names rose as crude oil futures jumped to start the last week of June.
Persons: Eli Lilly, tirzepatide, Eli Lilly's, ATTR, Goldman Sachs, Will Nance, Roth MKM, headwinds, Morgan Stanley, Cowen, Ferrari, Brent, SLB, Baker Hughes, — CNBC's Lisa Han, Jesse Pound, Alex Harring, Sean Conlon, Samantha Subin Organizations: Systems, Food and Drug Administration, Coyote Logistics, UPS, Alnylam Pharmaceuticals, Nvidia, Microsoft, Anheuser, Busch InBev, UBS, Busch, IBM, Ryder, Carrier, Citi, Ferrari —, Energy, West Texas Intermediate, APA Locations: U.S
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024. Stock futures were flat in overnight trading after a selloff in favored technology names brought the Nasdaq Composite to its worst day since April. During the regular session, the Dow Jones Industrial Average bucked Monday's selloff, adding nearly 261 points, or 0.67%. The S&P 500 dropped 0.31%, while the Nasdaq Composite shed 1.09% for its worst day since April as investors rotated out of semiconductors. Wall Street is looking ahead to earnings from FedEx and Carnival on Tuesday as the season nears its end.
Persons: Jeff deGraaf, CNBC's Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones, SolarEdge Technologies, Pool Corp, Nvidia, Qualcomm, Broadcom, FedEx, Richmond Fed Locations: New York City, U.S
Vogue World 2024 took place in Paris, France, on Sunday. The elaborate fashion show looked back at the past 100 years of fashion through the lens of sports. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe 2024 Paris Olympics don't start for another month, but the iconic games had an unofficial, fashionable start over the weekend. On Sunday, Vogue World took place at the Place Vendôme in Paris on a cobblestone courtyard in the French square.
Persons: Organizations: Service, Vogue, Business Locations: Paris, France
Don't expect rate cuts from the Federal Reserve before the November election, according to David Rubenstein. "Generally the Fed wants to stay out of politics," the co-founder and co-chairman of The Carlyle Group told CNBC's Andrew Ross Sorkin on " Squawk Box " Monday. "I've always said that I think the Fed is not likely to cut rates before the election because it would just cause too much political turmoil." Rubenstein noted that the Fed likely recognizes it would be "heavily criticized" by former President Donald Trump if it starts cutting ahead of the election. "I suspect the market is probably more right than wrong when it says the rate cuts are likely to come after the election," he said.
Persons: David Rubenstein, CNBC's Andrew Ross Sorkin, I've, Rubenstein, Donald Trump, He's Organizations: Federal Reserve, The Carlyle Group, Traders, The Kennedy Center, Democrat
Read previewSix months after OpenAI announced GPTs, developers are getting creative when it comes to making money with their applications. To some, the GPT Store drew comparisons to the early days of the App Store, Apple's marketplace for mobile applications that debuted in 2008 and ushered in the smart phone era and "app economy." However, multiple GPT developers walked Business Insider through how they're making money with their apps while waiting for formal monetization plans to become available. Advertisement"I think it will be good when OpenAI comes up with monetization integrated in the GPT Store," developer Vicente Silveira told Business Insider in an interview. Our bet is that the GPT Store will be the best way right now to position yourself to create."
Persons: , OpenAI, monetization, Vicente Silveira, Silveira, Karthik Ramasamy, Silveria, Ramasamy, It's, Ai Drive's, Ai, Claude —, Charly AI, they've, GPTs, it's Organizations: Service, Business, Google, LinkedIn, Big Tech, Humanizer, BI, Charly Locations: Amsterdam, GPTs, San Francisco
The S&P 500 alone has generated an average return of 7% during presidential election years since 1952, according to LPL Financial. If you limit that to election years in which the incumbent president is running for reelection, the average jumps to 12.2%. Yes, but: Market volatility in an election year tends to pick up in October and there are many months left in this cycle with potential surprises to come. “An autumn pullback fits well time wise with potential downside earnings revisions, make-or-break decision time for the Fed, and election uncertainty. The first round of the French election will be held on June 30, with a second round on July 7.
Persons: Goldman Sachs —, Ed Clissold, Ned Davis, they’re, It’s, Goldman Sachs ’ Scott Rubner, , , Mark Hackett, Scott Chronert, Goldman Sachs, Joe Biden, Donald Trump, Jim Reid, There’s, Emmanuel Macron, Katie Nixon, Chris Isidore ., they’ve, Samantha Murphy Kelly, ChatGPT —, Siri —, OpenAI, Siri, ChatGPT, hasn’t, Organizations: London CNN — Traders, Investors, White, Ned, Ned Davis Research, Nasdaq, Citigroup, Goldman, Barclays, Deutsche Bank, UBS, Deutsche, Fed, United, Labour Party, Renaissance, Northern Trust Wealth Management, Alaska Airlines, Alaska —, Southwest —, Southwest, Railway Labor, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, Wall, IDC Locations: United States, France, , Alaska, China
America’s housing crisis continues to worsen
  + stars: | 2024-06-23 | by ( Bryan Mena | ) edition.cnn.com   time to read: +6 min
Washington CNN —Homeowners in America aren’t the only ones struggling with an unaffordable housing market. A report from Harvard University’s Joint Center for Housing Studies released last week showed that both homeowners and renters in recent years have become increasingly burdened by climbing housing costs. That’s all part of a broader struggle in the US housing market, and recent data shows that it hasn’t gotten any better. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned in China, reports my colleague Samantha Murphy Kelly. The Chicago Fed releases its National Activity Index for May.
Persons: ” Lael Brainard, , , Brainard, Biden, ” Brainard, ChatGPT —, Siri —, Samantha Murphy Kelly, OpenAI, Siri, ChatGPT, Read, Christopher Waller, Lisa Cook, Michelle Bowman, General Mills, Levi Strauss, Tom Barkin Organizations: CNN Business, Bell, Washington CNN — Homeowners, America aren’t, Harvard University’s, for Housing Studies, Harvard, , White, Economic Council, Urban Institute, Administration, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, FedEx, Chicago Fed, Global, Index, Board, Micron, General, US Commerce Department, Federal Reserve, Nike, McCormick, Walgreens, US Labor Department, National Association of Realtors, Richmond Fed, University of Michigan Locations: Washington, America, Congress, China
Opinion: Destined to be a lame duck
  + stars: | 2024-06-23 | by ( Richard Galant | ) edition.cnn.com   time to read: +18 min
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. When Biden and Trump meet in a debate on CNN Thursday, expect part of the audience to be wondering exactly who and what will come next. Biden, who’s battling low approval ratings, is sticking with Vice President Kamala Harris, whose polls are also bleak. There were 28, and we’ve had 11 so far this year, Bridget Johnson noted in the first of a CNN Opinion series about America’s preparedness. “It’s a measure of his hold on American society that he’s still revered a half-century later,” wrote Frederic J. Frommer.
Persons: Franklin D, Roosevelt, , , Alexander Wiley of, Adolph Sabath, Sabath, can’t, Joe Biden, Donald Trump —, Biden, who’s, Kamala Harris, Ronald Reagan’s, George H.W, George H.W . Bush, Trump, Julian Zelizer, Zelizer, it’s, Facebook “ Trump, ’ Trump, Hunter Biden, ” Terry Szuplat, Barack Obama, I’ve, that’s, Obama, Dan, , don’t, … Don’t, Melinda French Gates, Douglas Heye, Bob Good, Trump Dean Obeidallah, Clay Jones, we’ve, Bridget Johnson, Johnson, “ we’re, Richard Serino, Irma, Maria, Hurricane Maria, Mark Wolfe, ” Drew Sheneman, Anna Bershteyn, Michael Diamond, Roe, Wade, Karen Finney, Jennifer Tucker, Chuck Schumer's, Chuck Schumer, Schumer, he’s, John Kasich, Bill DeBlasio, Donald Trump, Sarah Palin, Biden’s, Jill Filipovic, Walt Handelsman, Luther Terry, Vivek H, Murthy, ” Kara Alaimo, Dolly Parton, Allison Hope, Dolly Parton “, Parton, ” Hope, Ericka Andersen, ’ Andersen, Andersen, Dolly, Nathan B, Baskind, Weeks, Samantha Baskind, Uncle Nate, Nathan Baskind, David, ” Samantha Baskinshe, ” Don’t, Phil Hands, Nadine Pienede, Frida Ghitis, Adam Plowright, Sara Stewart, Andrew McCarthy, Rohit Chopra, Willie Mays Bill Bramhall, Willie Mays, Frederic J, Frommer, ” Frommer, Mays, , ” Mays, Vic Wertz, It’s Organizations: CNN, Republicans couldn’t, Democratic, GOP, Alexander Wiley of Wisconsin . Rep, Illinois Democrat, New York Times, Trump, Biden, Twitter, Facebook, UFC, Democrats, Braver, Trump Dean, US, FEMA, Hurricane, Ricans, Ledger, Agency, , Independence, , Times, Federalist, Army, Journal, Tribune, New York Daily, Cleveland Indians, New York Giants Locations: Illinois, George H.W ., New York, American, ” “ Ohio, John Kasich , New York City, Donald Trump , Alaska, Switzerland, France, Normandy, Wisconsin, Juneteenth, Haiti, Putin’s, Korea,
Here’s the latest:• Millions of Americans under heat alerts: More than 100 million Americans, including those in the highly populated I-95 corridor, are under heat alerts through the weekend. A heat emergency is in effect for Washington, DC, where upper 90s and even triple-digit temperatures for the first time since 2016 will be possible. Washington, DC, Mayor Muriel Bowser said an extended heat emergency will remain activated throughout the weekend and into next week. Philadelphia has heat alerts in place through the weekend, with temperatures expected to feel close to 99 degrees. New Jersey’s heat alerts are in effect until 8 p.m. Sunday, according to the National Weather Service.
Persons: Alberto, , , , Muriel Bowser, Wes Moore, Kathy Hochul, Eric Adams Organizations: CNN, National Hurricane Center, California Department of Forestry, South, FBI, National Weather Service, ., . Maryland Gov, New, Gov, Tuesday, New York City, state’s Department of Public Health Locations: Ohio, Mexico, Washington, DC, Gulf, South Texas, California, Colusa County, New Mexico, Ruidoso, Ruidoso Downs, Washington , DC, . Maryland, New York City, New York, Philadelphia, California , Arizona, Utah, Salt Lake City, Las Vegas , Sacramento, Bakersfield , California
CNN —Apple is banking on its upcoming AI features to boost iPhone sales especially in China, where demand has been lagging. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned in China. But China is one of the first countries in the world to regulate the generative AI technology that powers these popular services. Resurgent competitorsMeanwhile, Chinese smartphone brand Huawei’s smartphone sales growth was 70% in the first quarter, according to Counterpoint Research. In other parts of the world, Samsung uses its own propriety AI technology, along with Google’s (GOOGL) AI model Gemini, which is also banned in China.
Persons: ChatGPT —, Siri —, OpenAI, Siri, ChatGPT, hasn’t, , , Nabila Popal, ” Popal, what’s, Reece Hayden, Apple wouldn’t, Jeff Fieldhack, they’d Organizations: CNN, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, Wall, IDC, Research, IDC Research, ABI Research, China, Baidu Locations: China
Uncle Nate was Jewish. German war records told a different story: Nate was taken prisoner and died of his wounds at a German Airforce hospital. “Did they find Uncle Nate’s femur yet, Mom?” my daughter Naomi would ask while eating her salad. And after the match: “Have you picked Uncle Nate’s coffin yet?” Asher wants to know. Uncle Nate fought for our freedoms, and his death reminds us that freedom is never free.
Persons: Samantha Baskind, Nathan B, , – –, Nate, ignobly, Uncle Nate, Baskinds, Abe Baskind, Colonel W.E, Campbell, , , Nathan Baskind, Philip Baskind, Benjamin – –, Benjamin, David, Operation Benjamin, Rudolf Bauer, Leonhard Aumüller, Nate’s, Naomi, Asher, ” Asher, Nathan Baskind’s, Baskind Organizations: Cleveland State University, Art, CNN, US Army, Jewish, Eastern, American, German Airforce, Army, Commission, US Mortuary Service, US, Monuments Commission Locations: Warsaw, Normandy, Pittsburgh, Auschwitz, Cherbourg, Virginia, German, Texas, Northwest Africa, Tunisia, Italy, England, France, Utah
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Read previewAfter months of turmoil, the tides finally appear to be turning in Prince William and Kate Middleton's favor. AdvertisementThe lighthearted photo was a welcome change from the more formal approach they've taken to their public relations strategy in the past. Kate and William shared a photo of the prince with his children for his birthdayIn the photo, Princess Charlotte, Prince William, Prince Louis, and Prince George jump in the air on a beach, each sporting a big smile. William and Kate have not acknowledged the Prince of Wales' birthday on their social media channels since 2021, and the last time they celebrated his birthday with candid family photos was 2020. AdvertisementPrince William, Kate Middleton, Prince George, Prince Louis, and Princess Charlotte attend Trooping the Colour 2024.
Persons: , Prince William, Kate Middleton's, Kate, Prince, Princess, Wales, William, Princess Charlotte, Prince Louis, Prince George, William —, Eric Schiffer, Kristen Meinzer, Richard Pelham, Meinzer, it's, Schiffer, Kate doesn't, " Schiffer, Kate Middleton, Karwai Tang, William relatable Organizations: Service, Business, Father's, Management, Getty, Wales Locations: Prince, Wales, Kensington
Chip and Joanna Gaines celebrated 10 years of "Fixer Upper" by renovating a lakehouse. Chip and Joanna Gaines' "Fixer Upper" premiered in 2014. Chip said on "Fixer Upper: The Lakehouse" that he had long dreamed of renovating a waterside property, making it ideal for their anniversary project. "This house was the right price, the right lake view," Chip said of the property. "For 10 years, we have been in the 'Fixer Upper' universe," he added.
Persons: Chip, Joanna Gaines, Joanna
How China could take Taiwan without even needing to invade
  + stars: | 2024-06-21 | by ( Brad Lendon | ) edition.cnn.com   time to read: +12 min
“China has significantly increased pressure on Taiwan in recent years, stoking fears that tensions could erupt into outright conflict. China’s escalating gray zone tactics were on stark display this week as China Coast Guard vessels clashed with Philippine Navy boats in the South China Sea. In the 24 hours ending at 6 a.m. Friday, 36 Chinese military aircraft crossed into Taiwan’s air defense identification zone, Taiwan’s Defense Ministry says. Meanwhile, a quarantine, rather than a blockade, would not require China to close or restrict access to the Taiwan Strait, the CSIS report notes. Under its claims that Taiwan is Chinese territory, Beijing could require customs declarations to be filed before vessels can call in Taiwan.
Persons: CNN —, Beijing’s, Xi Jinping’s, Bonny Lin, Brian Hart, Matthew Funaiole, Samantha Lu, Tinsley, stoking, Adm, Dong Jun, , Dong, China’s, , Joe Biden, Rong Xu, Carl Schuster, ” Schuster, Alessio Patalano, Sidharth Kaushal, Patalano Organizations: CNN, Communist Party, Center for Strategic, International Studies, China Coast Guard, CSIS, TAIWAN, GUARD, People’s Liberation Army, PLA, Chinese Defense, Philippine Navy, Taiwan Relations, White, PLA Navy, Maritime Safety Agency, Taiwan’s Defense Ministry, Bloomberg, Getty, , Pacific Command’s Joint Intelligence Center, Taipei, King’s College, Taiwan’s Ministry of Economic Affairs, Imports, Royal United Services Institute Locations: Taiwan, Ukraine, China, Washington, United States, Pengjia, Beijing, Singapore, South China, Manila, Second, Philippines, Taiwan’s, Taiwan Strait, Port, Taichung, Kaohsiung, London, Covid
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CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The shift presents challenges for tech-focused ETFs and could affect their holdings of heavyweights like Nvidia , Microsoft , and Apple . Markets are pricing in at least two rate cuts this year, while Fed officials have indicated only one rate cut is likely. Nvidia takes the crown Nvidia on Tuesday surpassed Microsoft to become the world's most valuable public company with a market cap of $3.34 trillion. Federal Reserve Governor Adriana Kugler signaled the likelihood of a rate cut later this year.
Persons: Dave Calhoun, Josh Hawley, Calhoun, Hawley, Paul Ashworth, Susan Collins, Collins, Adriana Kugler, " Kugler, Jeff Cox, Cox, Claudia Sahm, , Kif Leswing, Bob Pisani, Leslie Josephs, Alex Harring, Samantha Subin, Spencer Kimball, Yun Li, Lim Hui Jie Organizations: New York Stock Exchange, CNBC, Nvidia, Microsoft, Apple, Federal Reserve, Fed, Boeing, Federal, North, Capital Economics, Boston Federal, Peterson Institute for International Economics Locations: New York City, U.S, North America, Boston, Lawrence , Massachusetts, Washington
AI has “helped me in my life personally … such as helping me with my resume,” Miller told CNN. I really want to see that happen.”On Tuesday, however, OpenAI told CNN it shut down Miller’s access to the tool that was being used to interact with and persuade voters. “We’ve taken action against these uses of our technology for violating our policies against political campaigning,” an OpenAI spokesperson told CNN. Although the public-facing version of VIC has been removed by OpenAI, Miller said it still works on his own ChatGPT account. OpenAI told CNN it also took action against another candidate in the UK who was using its AI models to help campaign for Parliament.
Persons: CNN — Victor Miller, , ” Miller, , OpenAI, “ We’ve, Chuck Gray, ” Gray, Miller, Gray, Steve Endacott, Steve, Endacott, Jen Golbeck, Golbeck, ” David Karpf, ” Karpf, doesn’t Organizations: CNN, Cheyenne, Neural, College of Information Sciences, University of Maryland, George Washington University Locations: Cheyenne , Wyoming, Wyoming, “ Wyoming, Cheyenne, Slovakia
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