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☆ Dell and Palantir to join S&P 500; shares of both jump
▼ + stars: | 2024-09-06 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 index. Software maker Palantir will take the place of American Airlines , and Dell is replacing Etsy , according to a statement. Dell told investors Aug. 29 that it saw $3.2 billion in AI server demand in the quarter ended Aug. 2, up 23% from the prior quarter. Palantir has a market cap of over $67 billion, while Dell is valued at over $72 billion. In an early Friday email, the Bank of America trading desk named Workday among its top candidates for S&P inclusion, alongside Palantir.

Persons: Dell, Palantir, Michael Dell, Lake, Alex Karp, it's, Karp, — CNBC's Ari Levy Organizations: P Global, American Airlines, Dell, Micro Computer, New York Stock Exchange, New York Times, Bank of America, & ' $

☆ We built a $250,000 ADU for our adult son in our backyard. He gets the support he needs, and it's cheaper than finding an apartment.
▼ + stars: | 2024-09-06 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

The kind of support Jacob needs, including having someone available 24 hours a day, is upward of $9,000 a month. With this in mind, we knew we could not afford to have Jacob living in the facility. So, my wife and I instead considered building an accessory dwelling unit (ADU) in our backyard. One of these, Independent Living Services (ILS), provides a set number of hours a week for in-home assistance with Jacob. After moving out, he qualifies for Supported Living Services (SLS), which expands the number of hours he can get in-home support.

Persons: —, Todd Kuchta, Jacob, we've, He's, Nicholas Miller, it's, Jacob's, Witnesses, Villa, Nicholas Miller Jacob Organizations: Service, Business, Autism, Villa, Redwood Credit Union, Raiders, Oakland, Living Services, Support Services Locations: Napa , California, Napa, California, Napa County

☆ The organizers of a January 6 awards gala claim Trump's song with riot defendants' prison choir 'went Platinum.' It didn't.
▼ + stars: | 2024-09-05 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Read previewIf the indefinitely postponed J6 Awards Gala ever happens, one very special attendee will be in for a treat. Advertisement"Released on March 3, 2023, this song quickly went Platinum, thanks to your unwavering support," the website says. The RIAA website that catalogs gold and platinum-certified songs does not include any music from Donald Trump nor from the J6 Prison Choir. The J6 Awards Gala promises to auction off a plaque commemorating the "Platinum status" of Donald Trump's musical single. It isn't clear if Ronald McAbee is a member of the J6 Prison Choir.

Persons: —, Donald Trump, President Trump, There's, Erin Burr, Donald Trump's, Mac Miller —, Rae Sremmurd, Forbes, Ed Henry, Trump, Rudy Giuliani, Peter Navarro, Sarah McAbee, Ronald McAbee, Rudolph Contreras, Contreras, Sarah McAbee didn't Organizations: Service, Business, Republican, Recording Industry Association of America, RIAA, J6, Trump, BI, Billboard, Fox, White House, New York Times, Capitol Locations: Washington, DC, Bedminster, New Jersey, Tennessee

☆ Ukraine's wild fire-breathing drones have started popping up all around the front lines, videos show
▼ + stars: | 2024-09-04 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

AdvertisementEastern Ukraine, a Ukrainian drone drops molten thermite on a Russian-held treeline, setting it ablaze. Seen here, a Ukrainian drone from the 60th Mechanized Brigade drops a stream of molten thermite on a Russian-held treeline. Ukrainian thermite drones have hit the frontline in force, now in operation with several units. Seen here, a Ukrainian drone from the Khorne Group drops molten thermite on Russian positions in a forest, setting the area ablaze. pic.twitter.com/RPFo7gHW7f — OSINTtechnical (@Osinttechnical) September 4, 2024Business Insider was unable to immediately verify the footage.

Persons: — Organizations: Service, Business, Ukrainian, 108th Territorial Defense Brigade, 60th Mechanized Brigade, 116th Mechanized Brigade, Khorne Locations: Ukraine, Ukrainian, Russian, Russia, Kyiv, Moscow

☆ Nvidia is suddenly in trouble
▼ + stars: | 2024-09-04 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

CNN —Nvidia, the AI chipmaking titan that was briefly the world’s most valuable company, has suddenly found itself in an unfamiliar position: a major rut. Nvidia (NVDA) had the worst day in the history of the stock market Tuesday, as measured by loss in total market value. To put that shocking decline into context, only 27 companies on the planet are worth as much as Nvidia lost in value Tuesday. That’s why bulls like Wedbush’s Dan Ives believe Nvidia’s stock decline presents a buying opportunity. – CNN’s Ramishah Maruf contributed to this reportCorrection: Correction: An earlier version of this story incorrectly described TSMC's relationship with Nvidia.

Persons: Jensen Huang, ”, Biden, Kamala Harris, Donald Trump, Huang, Blackwell, “, ” Huang, Wedbush’s Dan Ives, ” Ives, –, Ramishah Maruf Organizations: CNN, Nvidia, Meta, McDonald’s, Chevron, Pepsi, BlackRock, Microsoft, Intel, US Justice Department, Bloomberg, Department of Justice, Justice Department, US Department of Justice, titans, Apple, Google, Nasdaq

☆ I've spent 50 years in one of the 'best places to live.' I love it, but that doesn't mean moving here is a good idea.
▼ + stars: | 2024-09-03 | by ( Helen Wolkowicz | ) www.businessinsider.com time to read: +10 min

Montreal is a gem of a city: It's safe and walkable, with a vibrant nightlife and a cultural calendar packed with events. It's also one of the fastest-growing cities in Canada, so why wouldn't you want to get in on the action? AdvertisementIt has become harder for Montreal renters to check everything off their wish lists without raising budgets. AdvertisementGiven the condition of Montreal's housing market, our "starter" is now just our forever home. Christopher O'Donnell/ShutterstockBusinesses also have to compete against the city's carousel of construction projects, which can reduce foot traffic, among other issues.

Persons: —, It's, I've, Lisette Jemmott, Anatoli Igolkin, Jemmott, she's, Michael Falduto, isn't, Catherine Zibo, Falduto, it's, Glenn Castanheira, Marc Bruxelle, Yönder, Christopher O'Donnell, Castanheira, Helen Wolkowicz Organizations: Service, Business, The Coalition, Housing Committees, Associations of Quebec, McGill, Concordia, Concordia University, City, Montreal —, Montreal Locations: Finland, Montreal, Canada, Canadian, Toronto, Quebec, City of Montreal

☆ Ukraine's surprise invasion of Russia hasn't taken the pressure off the most dire front-line battles
▼ + stars: | 2024-09-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

Ukraine's Commander-in-Chief Oleksandr Syrskyi stated last week that an objective of the Kursk invasion was to redirect Russian forces away from the Pokrovsk direction. But the Kursk invasion has limited the number of troops available for reinforcement. KIRILL CHUBOTIN/Ukrinform/Future Publishing via Getty ImagesGeorge Barros, the geospatial-intelligence team lead and a Russia analyst at ISW, said that the Kursk invasion underscores how Moscow left a major portion of its international border undefended. Even though the Kursk invasion may not be forcing Russia to redirect front-line forces from Pokrovsk, that campaign will eventually culminate. These efforts have intensified since the start of the Kursk invasion.

Persons: —, Ukraine's, Oleksandr Syrskyi, Tatarigami, Diego Herrera Carcedo, Putin, Volodymyr Zelenskyy, KIRILL CHUBOTIN, George Barros, Vladimir Putin, Barros, REUTERS Barros Organizations: Service, Kyiv, Business, AP, Institute for, Getty, Ukraine, Publishing, REUTERS Locations: Russia, Moscow, Kursk, Ukraine, Kyiv, Russia's, Ukrainian, Sudzha, Russia's Kursk, Pokrovsk, Anadolu, Russian, Korenevo

☆ 10 major US cities where rent is affordable and falling fast as national apartment prices reach record highs
▼ + stars: | 2024-09-01 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

"Strong renter retention alongside our growing national rent index underscores the robust demand present in the US market." AdvertisementThe best explanation is that apartment supply remains capped in those markets, Zumper noted. Of those, 28 also happen to have lower rents for one-bedroom apartments than the national median of $1,534. To help renters save, Business Insider narrowed that list down even further to 10 cities where one-bedroom units are cheaper than the national median and rent is down at least 5% year over year. Below are those 10 cities along with their year-over-year and month-over-month rent changes, median rent prices, the monthly savings vs national median, and the national rent rankings among the nation's 100 largest real-estate markets.

Persons: —, Zumper, they've, Anthemos Georgiades Organizations: Service, Business, Syracuse University, Yale University, University of Kentucky, University of Wisconsin, University of Nebraska Locations: Syracuse , New York, New Haven , Connecticut, Lexington , Kentucky, Madison , Wisconsin, Lincoln , Nebraska, Madison, Lincoln, North Carolina, Texas

☆ A quaint California downtown is on sale for $6.6 million, but the seller is looking for a specific kind of buyer
▼ + stars: | 2024-09-01 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +6 min

Downtown Campo is an hour away from San Diego in California. Downtown Campo has 28 buildingsThe listing for downtown Campo includes three separate parcels totaling about 16 acres. HMBD Real Estate MarketingRay first purchased the property in 2000 when he lived in San Diego. HMBD Real Estate MarketingHernandez echoed that sentiment, saying locals mentioned renovating the local basketball court and a new playground. AdvertisementHernandez said he's had offers from a mix of interested parties, including traditional real estate investors and people pitching unique concepts.

Persons: —, Deborah Jean Peck, I've, Peck, Campo, John Ray, Nick Hernandez, " Hernandez, Marketing Ray, He's, Ray, Hernandez, Marketing Hernandez, who's, he's, Tony Hawk Organizations: Service, Campo, Business, Downtown, Campo Baptist Church, Marketing, Cleveland National Forest, Campo Metal, Campo hasn't, downtown Locations: Campo, San Diego, Downtown Campo, California, HMBD, Las Vegas, Coast, Mexico, Canada, downtown Campo

☆ Thousands of homes on $1 land: The new housing crisis solution sweeping the country
▼ + stars: | 2024-08-31 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

State and local governments often lease or sell land to builders, including affordable housing developers, particularly in areas with high demand for homes. In a rare overlap of goals between the two campaigns, Harris and Trump have both proposed building housing on federal land. Some Republican lawmakers agree that more federal land should be used for homes. The Biden administration has proposed selling hundreds of acres of land in Nevada controlled by the Bureau of Land Management to local governments to build thousands of new homes. But repurposing federal land for new residential communities in Nevada would likely mean more sprawl, which comes with both environmental and economic concerns.

Persons: —, Donald Trump, Kamala Harris, Harris, Trump, Matthew Murphy, doesn't, George McCarthy, McCarthy, MidPen, It's, Abby Goldware Potluri, Harris couldn't, Republican Sen, Mike Lee of, He's, Biden, Maurice Page, Page Organizations: Service, Democratic, Republican, Biden, Business, NYU's Furman Center, Lincoln Institute of Land Policy's, Geospatial Solutions, Lincoln Institute of Land, Center for Geospatial Solutions, Privately, Center, Trump, of Land Management, US Postal Service, Republican Party, General Services Administration, DC, Bureau, Land Management, Las Vegas, Nevada Housing Coalition Locations: State, Nevada, Utah, Massachusetts, Florida, . Massachusetts, San Mateo County, San Francisco, MidPen, Saudi, Mike Lee of Utah, Fort Lauderdale, Las

☆ Nvidia shares fall despite earnings beating estimates
▼ + stars: | 2024-08-29 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Nvidia issued market-beating revenue guidance for its fiscal third quarter of $32.5 billion. Nvidia reported July quarter revenue on Wednesday of more than $30 billion, up 122% year on year. Nvidia shares fell on about 6% Thursday, as the company's fiscal second-quarter gross margin dipped slightly, and its revenue beat was eclipsed by a backdrop of increasingly lofty expectations. The pullback in the stock on Thursday also comes after a meteoric rally, with Nvidia's shares rising more than 150% this year to date. The company also announced a $50 billion stock buyback program.

Persons: Colette Kress, Kif Leswing Organizations: Nvidia, Samsung, Taiwan Semiconductor Manufacturing, Blackwell Locations: Nvidia's, Blackwell

☆ Nvidia stock could plunge 20% if Big Tech starts to signal this one change, fund manager says
▼ + stars: | 2024-08-29 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

Microsoft said June quarter capex rose more than 77% year-on-year to $19 billion. Koren and his firm do not own Nvidia stock. Analysts give Nvidia upside potential of 15.8% on average, according to FactSet data on Thursday. "Nvidia will still take the lion's share of, to our estimates, $700 billion of capex over the next two and a half years. So the outlook should still be strong for Nvidia," Wang told CNBC's "Squawk Box Europe" on Wednesday.

Persons: Josh Koren, CNBC's, Koren, Yang Wang, Wang Organizations: Nvidia, Microsoft, Google, Tech, Musketeer Capital Partners, AMD, Counterpoint Research

☆ 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

☆ Nvidia has lots of questions to answer in this week's earnings call on product delays, competition, and China
▼ + stars: | 2024-08-27 | by ( Emma Cosgrove | Helen Li | ) www.businessinsider.com time to read: +7 min

Its next-generation Blackwell chip faces delays, raising questions about supply-chain impacts. As Nvidia prepares to report its second-quarter earnings on Wednesday, some of those questions are still relevant, while some have faded away. Efforts by other companies to build competitive AI chips haven't reached more than a simmer, and the rollout of Nvidia's next-generation Blackwell chip is said to be delayed. The analysts also wrote that revenue from existing products, specifically the H200 and H20 AI chips, could offset any delayed revenue from the Blackwell chip. AdvertisementNvidia's chips are still a must for the most complex AI-computing jobs, as Amazon still purchases chips from Nvidia.

Persons: Blackwell, —, Nvidia's, ChatGPT, China . Blackwell, weren't, Dylan Patel, Morgan Stanley, Dan Morgan, Meta, Mark Zuckerberg, we're, Zuckerberg, Lisa Su, Synovus, Morgan, Jensen Huang Organizations: Nvidia, Service, North Star, Google, Microsoft, JPMorgan, Amazon, AMD, Reuters Locations: China, Synovus

☆ 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

☆ Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company
▼ + stars: | 2024-08-23 | by ( Michael Wayland | ) www.nbcnews.com time to read: +8 min

So it might surprise investors that the automaker believes its new path to profitability for electric vehicles will first be led by smaller, more affordable vehicles. “We’re quite convinced that the highest adoption rates for electric vehicles will be in the affordable segment on the lower size-end of the range,” he told CNBC on Thursday. Gjaja’s comments came a day after the automaker announced updates to its EV strategy that will cost up to $1.9 billion. Gjaja said the decision wasn’t taken lightly, especially the cancellation of the upcoming three-row vehicle, which Ford CEO Jim Farley and other executives had been touting as a game changer for several years. He said the Ford, in part, developed the skunkworks team to prove that Ford can compete against the Chinese automakers.

Persons: Marin Gjaja, We’re, “, Warren Buffett, Gjaja, Jim Farley, ” Farley, Ford, ” BofA’s John Murphy, John Lawler, Lawler, ” Gjaja, ” There’s, we’ve, ” Ford, Thursday, ” Organizations: DETROIT, Ford, CNBC, North America, EV, “, ICE, Wall Street, GM, General Motors Locations: U.S, Europe, North, California, China, ”

☆ All feared dead in Thai plane crash, including five Chinese tourists
▼ + stars: | 2024-08-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

BANGKOK — Thai rescuers used hoes on Friday to search muddy, forested terrain for debris and the remains of nine people aboard a charter flight that crashed the day before, authorities said, with all the travelers presumed dead. All aboard the charter plane are presumed dead, said Chonlatee Yongtrong, the governor of Chachoengsao province, the site of the crash, as authorities scramble to investigate the cause. “We found many human remains,” the governor told reporters late Thursday, adding that the muddy terrain complicated the task of searchers. The plane, operating flight TFT209 headed for the eastern province of Trat, had taken off from the Suvarnabhumi airport in the capital on Thursday afternoon. Registered to Thai Flying Service Co., according to the aviation regulator, the craft lost contact with ground control in Bangkok 11 minutes after take-off, provincial officials said.

Persons: Chonlatee Yongtrong Organizations: Cessna, C208B, Thai Flying Service Co Locations: BANGKOK, China, Bangkok, Chachoengsao province, Trat

☆ Real estate company helped to artificially inflate rents across America, Justice Department alleges
▼ + stars: | 2024-08-23 | by ( Holmes Lybrand | Evan Perez | ) edition.cnn.com time to read: +2 min

CNN —The Justice Department has filed a civil lawsuit against the real estate company RealPage, alleging the company’s software uses landlord data to artificially inflate the price of rent across the United States by quelling competition in the market. According to the complaint, the Texas-based company uses nonpublic data from landlords to train RealPage’s algorithm for pricing recommendations, creating a “vast scheme to subvert the competitive process,” one Justice Department official said. The lawsuit from the Justice Department comes amid a rise in corporate landlords – companies that own large numbers of rental units – a fact that was central to the case. “In a free market, these landlords would otherwise be competing independently to attract renters based on pricing, discounts, concessions, lease terms, and other dimensions of apartment leasing,” the Justice Department said in announcing the charges. “RealPage also uses this scheme and its substantial data trove to maintain a monopoly in the market for commercial revenue management software.”This is a developing story.

Persons: General Merrick Garland, “, ” Garland, “ RealPage Organizations: CNN, The Justice, Justice Department, Justice, Department Locations: United States, Texas, Southern

☆ With $20 Billion Weapons Deal, U.S. Aims to Help Israel and Deter Iran
▼ + stars: | 2024-08-23 | by ( Lara Jakes | Johnatan Reiss | ) www.nytimes.com time to read: +6 min

Top NewsFor months, the Biden administration waited to formally approve $20 billion in future American weapons sales to Israel, including F-15s and medium-range missiles. Almost none of the arms — which also include tank ammunition, tactical vehicles and mortars — are expected to be delivered to Israel for several years at least. The White House has tried to contain domestic opposition to arms for Israel in Congress, while attempting to keep the war against Hamas from escalating into a wider regional conflict. “We will continue to do what is necessary to ensure Israel can defend itself in the face of these threats.”Image An Israeli F-15 in southern Israel last year. Here is a look at the arms sales that the Biden administration notified Congress on Aug. 13 that it has approved.

Persons: Biden, Antony J, Blinken, ”, “, Jack Guez, Benjamin Netanyahu, Israel, —, Bradley Bowman, Mr, Bowman, Israel “, Northrop Grumman, AMRAAMs Organizations: Department, Agence France, Getty, U.S . Army, Foundation of Defense of Democracies, Boeing Corp, Defense Security Cooperation Agency, Dynamics, Northrop, Street Journal, CNN, State Department, Tactical, Oshkosh Corp, General Dynamic Ordnance, U.S, AIM, RTX Corp Locations: Israel, Gaza, United States, Congress, Israeli, Washington, Iran, Ukraine, Russia

☆ 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

☆ Russia is putting up a stiffer fight in Kursk and is sending well-equipped soldiers, says Ukrainian commander
▼ + stars: | 2024-08-23 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Read previewA Ukrainian drone battalion commander says Russia is putting up a stronger fight in Kursk and is sending well-equipped soldiers to the region. AdvertisementThey are now dug down in cellars north of the town of Sudzha, deploying reconnaissance and strike drones to assist Ukrainian forces in their advance, it said. Ukraine's army chief, Oleksandr Syrskyi, said on Tuesday that Ukrainian forces were 22 miles into Russia. US officials told CNN last week that Russia appeared to be diverting thousands of troops from Ukraine into Kursk. It remains unclear exactly how many soldiers Russia is redeploying to Kursk from the main 600-mile front line in eastern Ukraine.

Persons: —, Oleksandr Syrskyi Organizations: Service, Regiment, Wall Street, Business, Institute for, CNN, Russian Presidential Administration Locations: Russia, Kursk, Ukraine's, Sudzha, Russia's Kursk, Ukraine, Russian, redeploying

☆ How Google makes custom chips used to train Apple AI models and its own chatbot, Gemini
▼ + stars: | 2024-08-23 | by ( Katie Tarasov | ) www.cnbc.com time to read: +7 min

He's been covering Google's custom cloud chips since they launched in 2015. Google was the first cloud provider to make custom AI chips. Microsoft 's first custom AI chip, Maia, wasn't announced until the end of 2023. But being first in AI chips hasn't translated to a top spot in the overall rat race of generative AI. Google TPUs still dominate among custom cloud AI accelerators, with 58% of the market share, according to The Futurum Group.

Persons: Google's, Daniel Newman, He's, Maia, wasn't, Gemini, OpenAI's ChatGPT, Newman, Amin Vahdat, Marc Ganley, Vahdat, they've, Stacy Rasgon, Rasgon, it's Organizations: Google, Apple, Apple Intelligence, Nvidia, Futurum, Amazon Web Services, Microsoft, CNBC, Systems, Unit, Bernstein Research, Broadcom, TSMC, Trillium, Taiwan Semiconductor Manufacturing Company, Intel, Samsung Locations: Mountain View , California, China, Taiwan, U.S

The next day, three minutes before shots were fired toward Trump, local police radioed that a man was on a nearby roof. That warning never made it to the Secret Service, whose snipers didn’t know the would-be assassin was on the roof until shots rang out. “I can confirm that the Butler County ESU team made radios available to the Secret Service and that they were not utilized by the Secret Service,” Goldinger said in a statement. But the issue of how to directly communicate with local law enforcement remains unresolved. Evan Vucci/AP Secret Service agents rush the stage immediately after the shooting.

Persons: Donald Trump, didn’t, “, bro, ‘, “ We’re, Clay Higgins, Higgins, ”, Richard Goldinger, ” Goldinger, Goldinger, ” Higgins, Butler, ’, Gene J, Ronald Rowe, Thomas Crooks, Crooks, Trump, ” Sen, Chuck Grassley, ” Grassley, “ It’s, Jonathan Wackrow, Wackrow, Evan Vucci, Brendan McDermid, Reuters Trump, Anna Moneymaker, Rebecca Wright, CNN Trump, Will Lanzoni, they’ve, Rowe Organizations: CNN, Secret Service, Trump, Louisiana Republican, Fairgrounds, Butler, ESU, Secret, White House Communications Agency, Department of Defense, Iowa, Republican, Service, NSA, Reuters, Milwaukee Brat House, Republican National Convention, Reuters Police, AP, AP Trump, Pennsylvania, Department of Homeland Security, State Police Locations: Louisiana, Butler, Butler , Pennsylvania, Pa, Pennsylvania, Milwaukee

☆ Ukraine says it destroyed glide bombs at a Russian air base that aircraft fly out of to bomb the front lines
▼ + stars: | 2024-08-22 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewUkrainian forces used long-range drones to attack a key Russian airbase overnight, destroying warehouses that stored fuel, ammunition, and highly destructive glide bombs. It appeared to mark Ukraine's latest long-range strike on an important military installation inside Russia. To work around these restrictions, Kyiv has relied heavily on locally produced, long-range attack drones to wage a monthslong campaign targeting Moscow's military and energy facilities. AdvertisementGlide bombs are dumb bombs that are equipped with special kits to turn them into precision-guided munitions. Ukrainian President Volodymyr Zelenskyy said on Sunday that Russia used more than 750 glide bombs in a single week earlier this month.

Persons: —, 8SgIMVpQ1f, mXqoVmxVVC, Yaroslav Trofimov, Volodymyr Zelenskyy Organizations: Service, Security Service, Ukraine, Business, Special Operations Forces, Russian Air Force, BI, Ministry of Defense, Russia Locations: Russia's Volgograd, Russia, Volgograd, Ukraine, Russian, Marinovka

☆ Leaked Microsoft pay data shows how much hundreds of software engineers report making in units like Azure and AI
▼ + stars: | 2024-08-22 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +4 min

Microsoft employees recently shared their pay details in a spreadsheet viewed by Business Insider. BI analyzed the data for software engineers working at Microsoft. AdvertisementHundreds of Microsoft employees recently shared details about their pay and promotions in a spreadsheet viewed by Business Insider. BI analyzed more than 500 submissions from those who identified themselves as Microsoft employees in the US. BI analyzed the data to calculate the average compensation, raises, and bonus percentages for software engineers in the US this year by level.

Persons: —, Mustafa Suleyman, Cash Organizations: Microsoft, Business, Service, Business Insider, Employees, BI

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