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Healthcare AI companies raised $2.8 billion in the first quarter of this year, according to the SVB report titled "The AI-powered Healthcare Experience." SVB projects funding to AI healthcare companies to total $11.1 billion in 2024. While healthcare AI startups might have it better, they're not out of the woods. Healthcare startups using AI for administrative tasks have grabbed $6.6 billion since 2021 and made up 42% of healthcare AI deals in the first quarter of this year, according to SVB. AdvertisementIn some cases, Big Tech companies are pushing healthcare startups forward.
Persons: , Raysa Bousleiman, they're, Siva Namasivayam, Galym, Bousleiman, Shiv Rao Abridge, Lynne Chou O'Keefe, Lightspeed's Imanbayev Organizations: Service, Silicon Valley Bank, Business, Big Tech, Abridge, Health, Lightspeed Venture Partners, Google, Fathom, Nvidia, Ventures, Technologies Locations: Cohere, Abridge, SVB .
On Monday, the company revealed the data it uses to train Apple Intelligence. Privacy is hot topic and a big concern in AI, and Apple is addressing it head on. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThere's no need to panic — Apple says it definitely didn't train its artificial intelligence on your data. Privacy is a massive concern when it comes to AI, but Apple stayed true to its brand by prioritizing customer protection.
Persons: Apple might've, , Apple Organizations: Apple, Apple Intelligence, Service, Business
AdvertisementIt's not 'artificial intelligence,' it's 'Apple Intelligence'And in Apple's new AI world, we start with one rule: Don't call it "artificial intelligence." It's "Apple Intelligence." Apple Intelligence can perform simple and useful functions. Apple Intelligence wasn't mindblowingStill, some of the other generative things were purely goofy/cutesy, like the AI version of Memoji. AdvertisementNothing was mindblowing or a totally radical new way of using artificial Apple Intelligence.
Persons: , Scarlett Johansson's, Scarlett Johansson, Siri, It's, Apple Organizations: Service, Business, Apple, Apple Intelligence, Gmail Locations:
Read previewWhen Steve Jobs launched the first iPhone in 2007, it was a landmark moment in Apple's history that involved the CEO of another Silicon Valley company: Google. Now, Apple is preparing to unveil its plans to dominate the internet again — with the help of another Silicon Valley company. Apple's plan to dominate the internet, againOn Monday, when CEO Tim Cook kicks off Apple's Worldwide Developer Conference (WWDC), he's expected to reveal a new vision of artificial intelligence by announcing a partnership with OpenAI. Time will tell if the deal is as powerful as Apple's search engine agreement with Google. AdvertisementOne thing is certain: Apple's about to pitch the world on its plans to dominate the internet in the AI age.
Persons: , Steve Jobs, Eric Schmidt, Google's, Apple, it's, Tim Cook, he's, Bloomberg's Mark Gurman, Dan Ives, OpenAI, Sam Altman Organizations: Service, Google, Apple, Business, Apple's, Conference, OpenAI, Rivals, Microsoft Locations: Bloomberg's
Read previewDonald Trump's legal team has asked for the judge who presided over his criminal hush-money trial to lift his gag order, which would give him a free hand to criticize witnesses and jurors in the trial. Related storiesIn near-daily comments to journalists outside the Manhattan courtroom during the trial, Trump criticized the gag order. At a press conference in Trump Tower on Friday, Trump continued to complain about the "nasty gag order" he was under. During the trial, Trump violated the gag order on 10 different occasions, Merchan found. The public comments — and previously determined gag order violations — could lead Merchan to issue a harsher punishment.
Persons: , Donald Trump's, Juan Merchan, Trump, Michael Cohen, Stormy Daniels, Trump's, Todd Blanche, Cohen, Daniels, Joe Biden, Trump —, Blanche, didn't, Merchan, jailing, Matthew Colangelo, Biden Organizations: Service, Business, New York, Trump, Manhattan, Attorney's Office, Associated Press, jailing Trump, Democratic, US Justice Department Locations: New, Manhattan, United States
the operator asks, to which the woman sobs, "No! the 911 operator asks Saleh's cousin in the recording played Friday. the operator asks. Prosecutors told jurors that these bags held Saleh's head and limbs. A crime scene photo showing tech CEO Fahim Saleh under attack by his killer just inside the victim's Manhattan condominium.
Persons: , Gokada, Fahim Saleh, Saleh, Tyrese Haspil, Linda Ford, Sam Roberts, Alan Chin, Haspil, Chavaux, Roberts, he'd, sobs, gasps, Prosecutors, he's, Gigi Jordan Organizations: Service, Business, Manhattan, Prosecutors Locations: Bangladeshi, Nigeria, Manhattan, France
Business Insider has verified his identity and his use of two bots designed for gig delivery apps. I found this guy who writes some articles on gig work, and he talked about having access to bots for Instacart. AdvertisementThe biggest reason I purchased it was because you just have to keep refreshing the screen to get orders on Instacart. AdvertisementAn Instacart spokesperson told BI: "This shopper was deactivated from our platform for blatant and abusive violations of our terms of service." Do you work for Instacart, DoorDash, Walmart Spark, or another gig delivery service and have a story idea to share?
Persons: Ted Rosner, That's, Instacart, I've, it's Organizations: Service, Business, Walmart Locations: Washington, DC, Instacart, DoorDash
Read previewWelcome to People's Exhibit 35, the single most important piece of evidence in the Donald Trump hush-money trial. People's 35 is the fulcrum for the entire case. What People's 35 does not have is Trump's fingerprints, a point that the defense is sure to press during closing arguments next week. AdvertisementProsecutors allege that Trump's payments to Cohen were falsified to conceal hush money paid to adult film star Stormy Daniels. "Yes," Cohen answered, as Trump watched from the defense table"And what, if anything, did Mr. Trump say at the time?"
Persons: , Donald Trump, Trump, Michael Cohen, Cohen, Stormy Daniels, we'll, Allen Weisselberg, Weisselberg, Cohen —, Reince, Jon Elswick, Susan Hoffinger, Daniels, Hoffinger, Todd Blanche, — Cohen, Keith Davidson, Davidson, Karen McDougal, Playboy Bunny, Trump's, Melania Trump, peddled, Charlie Sheen, Hulk Hogan, Lindsay Lohan, Tila, RedFinch, That's Allen Weisselberg's, Allen, — it's, Trump —, Mary Altaffer Organizations: Service, Business, Attorney's, Trump Organization, Trump, Prosecutors, AP, Manhattan, BI Prosecutors, Essential, Consultants, Tahoe, National Enquirer, RedFinch Solutions, RedFinch, People's, frick Locations: Manhattan, Virginia
Much of the war in Ukraine has gone poorly for Russia. But Russian President Vladimir Putin's war machine looks very different today than it did at the start of the conflict. The Russian military continued to suffer from other problems in the first year of fighting, racking up troop and equipment losses while failing to capture significant amounts of Ukrainian territory. AdvertisementThe following month, a top US official and general said, respectively, that the Russian military was "almost completely reconstituted" and had "grown back" to its pre-war strength. The employment of glide bombs to support ground maneuver is the primary example of how Russia's military is successfully learning from its past shortcomings, Barros said.
Persons: , Vladimir Putin's, Putin, Vladimir Putin, Miguel Diaz, Canel, Maxim Shemetov, George Barros, Russia's, Stringer, They've, Chris Cavoli, Andrei Belousov —, Sergei Shoigu, Barros, It's, Andrei Belousov, VYACHESLAV PROKOFYEV, Oleksandra Novosel, Biden, Sergey Pivovarov, Mick Ryan, Jack Watling Organizations: Service, Business, Cuban, Institute for, Ukraine, REUTERS, Allied, US European Command, Sputnik, Security, Defense, Getty, JSC, UA, PBC, 42nd Separate Mechanized Brigade, Russian, Kharkiv, Royal United Services Institute Locations: Russia, Moscow, Ukraine, Ukraine —, , Russian, Kharkiv, Kherson, Robotyne, Ukraine's Zaporizhzhia, Soviet, Shevchenkivskyi, Avdiivka, Washington, Russia's Rostov, Australian, Kyiv
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That earlier survey also found that 19% of non-exec workers would likewise quit if forced to pick up their commute again. AdvertisementOgawa said the findings were also notable because high-up executives are often the people tasked with implementing RTO mandates. That's a big drop from a prior survey in 2023, when 62% of CEOs held that expectation. Advertisement"They might not be looking to retain folks who wouldn't want to come back to the office," she said.
Persons: , they'd, Gartner, Caroline Ogawa, execs, Ogawa, That's, Paul Knopp, Erik Bernard, What's, RTO Gartner's Ogawa, we've Organizations: Service, Gartner, Business, KMPG, KPMG US Locations: IT, Australia
But seriously folks ... it's just an iPad ad. AdvertisementThere's been a huge backlash to the ad Apple put out this week to promote its updated iPads. In the ad, a hydraulic press squishes a piano, trumpet, books, paint cans — and then reveals the new iPad Pro. A YouTube channel dedicated to hydraulic press crush videos has more than 9 million followers. Let's say OpenAI made an ad crushing up books, newspapers, and magazines and then revealed the ChatGPT logo.
Persons: Apple, it's, , There's, Steve wouldn't, Paul Graham, Steve Jobs, Let's, It's, OpenAI, they've Organizations: Service, Apple, YouTube
Read previewAn old video of Drake dancing with and kissing a 17-year-old has resurfaced again amid the rapper's feud with Kendrick Lamar. In the former, released Friday, Lamar suggests Drake is a "predator" and says he's got "sex offenders" at his record label, OVO. AdvertisementIn "Not Like Us," released less than a day later, Lamar outright calls Drake and his entourage pedophiles: "Certified Lover Boy? In 2019, many who took issue with the video of Drake compared his encounter with the 17-year-old to Kelly's behavior. Drake and Harris knew each other for several years before rumors that the two were dating circulated in 2018, when Harris was 18 and Drake was 31.
Persons: , Drake, Kendrick Lamar, Kendrick Lamar's, Lamar, he's, it's, Jeffrey Epstein, Millie Bobby Brown, Millie Bobby Browns, I'd, he'd, Lamar didn't, Prince Williams, Swan, Kelly, Aaliyah, Brown, Bella Harris, Harris Organizations: Service, Ogden, Guardian, Business, Drake, Getty, Hollywood, Washington DC Locations: Drake's Denver , Colorado, Washington
Jefferies CEO Rich Handler sold $65 million of stock — some of which he used to buy a superyacht. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . According to the yacht's shipyard, Westport Yachts, the off-market deal was pending as of last month. I just love it," Fertitta told a local ABC affiliate in 2017, referring to Boardwalk's $40 million price tag.
Persons: Rich Handler, Tilman Fertitta, , Handler, van, Fertitta, I've, Forbes, Michael Organizations: Jefferies, Boardwalk, Service, Houston Rockets, Westport Yachts, ABC, Yachts International, Feadship —, Boat Locations: Westport, Fort Lauderdale , Florida, St
Trump's lawyers defended his $175M civil fraud bond — and Knight Specialty — in court filings. AdvertisementLawyers for Donald Trump are defending the "respected" insurers behind his $175 million civil fraud bond in a series of new court filings. Trump's bond was underwritten by Knight Specialty Insurance Company, based in Los Angeles, run by billionaire Trump supporter Don Hankey, a so-called king of subprime car loans. "KSIC is a respected, well-capitalized, Delaware-domiciled insurer that has long underwritten surety bonds and other types of insurance placed around the country," Trump's lawyers wrote. Beyond that, the insurer "has access to more than $2 billion in assets and $1 billion in equity" through its parent company, Knight Insurance Company," the filings say.
Persons: Trump, , Donald Trump, general's, Charles Schwab, KSIC, Letitia James, Knight, Arthur Engoron, Engoron, Don Hankey, Trump's Schwab, Read, Christopher Kise, Alina Habba, Clifford Robert Organizations: Service, underwriters, New York, Knight Specialty Insurance, Knight Insurance Company, Trump, Associated Press Locations: Manhattan, KSIC, New, Los Angeles, Delaware, Engoron
Last week, London's Metropolitan Police were made aware of a group of squatters who had taken over his York & Albany hotel-restaurant in Camden, a pricey borough of London. A legal notice taped to the outside of York & Albany, Gordon Ramsay's restaurant and hotel in Camden, London, on April 15, 2024, as squatters occupy it. Property owners have to take the matter to court, applying for a possession order. As well as direct legal costs, commercial squatting also presents other concerns for property owners, including loss of income. AdvertisementBut property owners, and business owners like Ramsay, will be wondering "what damage is being done internally," Helferty said.
Persons: , Gordon Ramsay, Ramsay, Gordon Ramsay's, Grace Dean, Niall Helferty, Helferty, Andrew Whitehead, they've, Gordon Ramsay isn't, Gordon, BI's Grace Dean, it's Organizations: Service, London's Metropolitan Police, Business, Art, York &, Albany —, The Met Police, Kuits Solicitors, Stephensons Solicitors, York & Albany, building's, Independent, Camden Council, The Independent Locations: York, Albany, Camden, pricey, London, York & Albany, Camden , London,
Apple believes that AI is the future
  + stars: | 2024-04-16 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Apple wanted all eyes to be on the Vision Pro when it launched. A report about AI chips coming to next-gen Macs helped boost Apple's stock by $112 billion. AdvertisementTwo months ago, Tim Cook was busy marking Apple's bold new vision of the future with the launch of expensive nerd goggles. Second, the future of the Vision Pro remains highly uncertain. Just don't expect the Vision Pro to steal the show in the same way a big AI reveal would.
Persons: , Tim Cook, Bloomberg's Mark Gurman, Apple, Peter Kafka Organizations: Apple, Service, International Data Corporation, Publishing, Getty, Huawei, Apple's, Vision Locations: Cupertino, Shanghai, China
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But Jim Smiegel, the CIO at $1.4 trillion SEI, thinks the stocks' run could be over soon. Tesla shares are down 32% since December, while shares of Apple are down 14% over the last few months. Historically, higher interest rates hurt growth stocks with higher valuations. 2 areas to look insteadSmiegel listed two areas of the market that look more attractive to him at the moment: energy and financials.
Persons: , Meta —, Jim Smiegel, Smiegel, There's Organizations: Service, Apple, Microsoft, Nvidia, Meta, SEI, Business, Federal, CPI, Vanguard
Forest City, a luxury development in Malaysia, is banking on tourism to shed its ghost town image. AdvertisementWendy Noble lives 15 minutes away from Malaysia's Forest City, across the border in Singapore. Country Garden, the largest developer in China, spent $100 billion building Forest City. "Forest City is able to attract the weekend tourists," Adilah said, referring to tourists like Noble and Nemis. Forest City Golf Resort's lobby, with a miniature figure of the development.
Persons: it's, , Wendy Noble, Ree Nemis, Noble, Marielle, Nemis, Adilah Zain, Adilah, Sultan Ibrahim, Shawn, Gary, We've, Chandran Organizations: Forest City, Service, Malaysia's, MARA Technological University, Garden, Bloomberg, BI, Forest, Challenge, Hotel Locations: Forest, Malaysia, Malaysia's Forest City, Singapore, Forest City, China, Johor —, Malaysian, Monaco, Challenge Malaysia, Kuala Lumpur
A second Trump presidential term poses a risk to Mexico's status as the US's top trade partner. According to Capital Economics, Trump 2.0 threatens Mexico's newly gained status. In a Tuesday note, Capital Economics strategists said much of the impact would hinge on whether the US-Mexico-Canada Agreement (USMCA) deal remains intact. To Capital Economics, Mexico is one of the most vulnerable emerging markets as far as repercussions to this potential move. Mexico's trade with the US accounts for about one-third of its GDP.
Persons: Trump, , Donald Trump, USMCA Organizations: Trump, Capital Economics, Service, Capital, North America Free Trade, US Alliance of Automobile Manufacturers Locations: Mexico, China, Canada, US, shoring
Costco's longtime CFO once said the chain would offer its $1.50 hot dog deal forever. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt appears that Costco's $1.50 hot dog-and-soda combo may not be safe forever after all. Galanti — who has fiercely defended its $1.50 price point and confidently stated in a 2022 earnings call that it would stay this way "forever" — appeared to offer a more cautious outlook on its future this week.
Persons: Costco's, , Richard Galanti, Galanti —, David Fuller Organizations: Service, Bloomberg, Costco, Business
Dakota Johnson says people don't need to be related by blood to be considered family. AdvertisementDakota Johnson opened up about what it's like being in a blended family during an interview with Bustle. At the end of the day, they all see themselves as family, regardless of blood relation, Johnson said: "And we are always going to be a family. AdvertisementJohnson isn't the only celebrity who has a blended family. Kourtney Kardashian and Travis Barker also have a large, blended family as a result of their marriage.
Persons: Dakota Johnson, — Melanie Griffith, Don Johnson, Johnson, Chris Martin, Gwyneth Paltrow, , Melanie Griffith, Apple, Moses —, Nick Cannon, Elon Musk, Kourtney Kardashian, Travis Barker, Z Organizations: Service, Coldplay, US Census Bureau
Super Micro Computer , Deckers Outdoor — The technology firm and athletic footwear designer respectively popped 27% and nearly 3% after S & P Dow Jones Indices announced Friday that the two stocks would be added to the S & P 500 on March 18. Super Micro Computer and Deckers Outdoor will replace Zions Bancorpation and Whirlpool , which will move to the S & P MidCap 400 Index. Macy's — Shares skyrocketed 16% after Arkhouse Management said it and Brigade Capital Management have raised their offer for the department store . DoorDash — Shares jumped more than 5% after RBC upgraded the food delivery company to outperform from sector perform. Lyft — The ride-sharing platform added 6% after RBC upgraded the stock to an outperform rating from sector perform.
Persons: Dow, Zions, , Lyft, Morgan Stanley, Li, Piper Sandler, Ford, CNBC's Michelle Fox, Alexander Harring, Hakyung Kim, Tanaya Macheel, Yun Li, Jesse Pound, Samantha Subin Organizations: Micro Computer, Dow Jones, Whirlpool, Arkhouse Management, Brigade Capital Management, Apple, European, Miners, Marathon Digital, Cipher Mining, Iris Energy, RBC, Kyverna Therapeutics, Wells, JPMorgan, Ferrari —, Citi, Li Auto, Dutch Bros, American Airlines —, Max Locations: Wells Fargo
Super Micro Computer , Deckers Outdoor — Shares of Super Micro Computer and Deckers Outdoor jumped 12% and 5%, respectively, after S & P Dow Jones Indices said Friday the two companies would be added to the S & P 500 later this month. They will replace Whirlpool and Zion Bancorp, which will move to the S & P MidCap 400 index as of the March 18 open. Macy's — Macy's stock skyrocketed nearly 17% after Arkhouse Management upped its buyout offer for the department store chain to $24 from $21 a share, or about $6.6 billion. Crypto stocks – Companies whose performance is tied to the price of bitcoin rose in premarket trading after the cryptocurrency touched another two-year high . Spirit AeroSystems , Boeing — Shares of the fuselage maker rose nearly 3%.
Persons: Dow, CleanSpark, AeroSystems, Lyft, Morgan Stanley, Li Auto, Piper Sandler, Brian Mullan, — CNBC's Lisa Han, Fred Imbert, Tanaya, Hakyung Kim, Jesse Pound, Michelle Fox Organizations: Micro Computer, Dow Jones, Whirlpool, Zion Bancorp, Arkhouse Management, Apple, European Commission, Marathon, Iris Energy, RBC, Boeing —, Boeing, Max, , Citi, Li Auto, Li, Mobile
The "Mean Girls" remake has been re-edited to remove a joke about Lindsay Lohan from some digital versions. AdvertisementA line from the "Mean Girls" 2024 remake has been removed from new digital streaming versions of the movie after Lindsay Lohan took offense to it. AdvertisementAs Business Insider previously reported, in the theatrical version "Mean Girls," Megan Thee Stallion — playing herself — appears in a social media montage. Lindsay Lohan. Lindsay Lohan in "Mean Girls."
Persons: Lindsay Lohan, Lohan, , Tina Fey's, Brandon Davis, Megan, Davis, John Nacion, Getty Davis, Lindsay, Fey Organizations: Service, Paris Hilton, The Hollywood, Paramount Pictures, Paramount, Variety Locations: USA
LockBit works with affiliates to hack companies and government agenciesLockBit 3.0's targets go far beyond just the Fulton County government. As of Wednesday, it had ongoing ransom demands for 11 different companies on its website in addition to the one for Fulton County. AdvertisementA Fulton County court administration spokesperson declined to comment. AdvertisementAt a press conference on February 20, Fulton County Commission Chair Robb Pitts said no ransom was paid. AdvertisementThe renewed ransom threat comes as Willis's investigation is beleaguered by a series of heated hearings playing out in a Fulton County courtroom.
Persons: , Donald Trump —, Donald Trump's, Christopher Krebs, Dan Schiappa, LockBitSupp —, Biden, Donald Trump, Trump, Joe Raedle, Oz, Krebs, Alashe, LockBit, Fulton, Fani Willis, It's, George Chidi, Pool, Schiappa, Robb Pitts, Pitts, Willis Organizations: Service, Fulton, Business, FBI, United, Crime Agency, US Department of Justice, government's, Trump, Justice Department, Boeing, Commercial Bank of China, U.S, Trump Force, Atlanta Hartsfield, Jackson International Airport, Biden, Trump —, Trump . Fulton, Arctic Wolf, Atlanta Journal Locations: Georgia, Fulton, Mexico, Fulton County, Atlanta , Georgia, Russian, Trump . Fulton County, Atlanta, Krebs
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