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☆ Fossils reveal head of the world’s largest known arthropod, study says
▼ + stars: | 2024-10-18 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

In a quest to find the first complete head, researchers conducted an analysis of Arthropleura fossils belonging to two juvenile individuals uncovered in the 1970s in France. Researchers studied scans of two Arthropleura fossils trapped in stone. Both fossilized insects still had most of their legs, and one of them had a complete head, including antennae, eyes, mandibles and its feeding apparatus — the first Arthropleura head ever documented, Lhéritier said. Researchers believe the two Arthropleura fossils belonged to juveniles because they reach just 0.9 inch (25 millimeters) and 1.5 inches (40 millimeters) long. But other fossils that preserve additional aspects of the arthropod’s body, including the head of an adult, will need to be found.

Persons: —, Arthropleura, we’ve, ”, Dr, Greg Edgecombe, Mickaël Lhéritier, Lhéritier, ” Edgecombe, Arthrorpleura, Lheritier, ” Lhéritier, “, James C, Lamsdell Organizations: CNN, Adv, Claude Bernard University Lyon, Mines, West Virginia University Locations: France, Great Britain, eadp6362, what’s, North America, Europe, Montceau, millipedes

☆ Gen Z workers say stereotypes are holding them back. It's a problem for companies too.
▼ + stars: | 2024-10-18 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Gen Z behavior was shaped by missing formative years during the COVID-19 pandemic. Gen Z has a lot to offer companies who know how to nurture it, experts told BI. But many Gen Zers don't agree with them, and some believe they are holding them back at work. Chang said Gen Zers prioritize companies that offer perks such as mental health days and wellness workshops. Some companies are already doing this and making themselves attractive to Gen Z talent.

Persons: Z, —, Zers don't, Max Jones, It's, Richard Wahlquist, Boppana, Gen Zers, I've, she'd, Claude Akinsanya, Zers, Akinsanya, Gen, Rhea Moss, Gen Z, " Moss, Jones, Jeanie Y, Chang, Forbes, Chipotle, Moss Organizations: Service, American Staffing Association, Accenture, Nike, Morning Locations: London

☆ Former ECB president weighs in on the ECB rate decision Thursday
▼ + stars: | 2024-10-16 | 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 EmailFormer ECB president weighs in on the ECB rate decision ThursdayJean-Claude Trichet, former ECB president, joins 'Money Movers' to discuss if central banks around the world should be declaring victory, if the European Central Bank will be able to stop the economy from weakening further, and much more.

Persons: Jean, Claude Trichet Organizations: ECB, European Central Bank

☆ Job seekers are getting increasingly bold by 'cheating' in interviews — and AI is making it worse
▼ + stars: | 2024-10-14 | by ( Tim Paradis | ) www.businessinsider.com time to read: +8 min

Job seekers sometimes use AI to cheat in interviews, which highlights flaws in the hiring process. It can feel like there are endless ways to dupe a hiring manager in a job interview — especially one that doesn't involve meeting IRL. It all points to a hiring process that can be terrible for job seekers — and for employers. Is using AI during a job interview cheating? Kanny uses reviews from a job candidate's colleagues — past and present — to rate the person's integrity, accountability, respect, humility, confidence, and grit.

Persons: —, Lindsey Zuloaga, Greg Yang, he'd, claude, Yang, HireVue's, Zuloaga, Kirthiga Reddy, Reddy, Sean Vassilaros, It's, Octavius A, Newman, didn't, Jennifer Schielke, Schielke, Ravin, Mercer, I'm Organizations: Service, Executives, xAI, Employers, Facebook, BI, Group Solutions Locations: India, South Asia

☆ The Harvard students who added AI facial recognition to Meta glasses share some of their other big ideas
▼ + stars: | 2024-10-13 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

The two Harvard students who put facial recognition AI in Meta's Ray-Ban glasses have big ideas. The duo, AnhPhu Nguyen and Caine Ardayfio, are known for their innovative tech projects. AdvertisementTwo Harvard students spooked the world with their demonstration of facial recognition using Meta Ray-Bans. They also built AI into augmented reality glasses that can fact-check a user's statement during an argument in real time. Ardafiyo and Nguyen have big ideas for AI products in manufacturing, construction, and industrial tech spaces, they told BI.

Persons: Meta's, AnhPhu Nguyen, Caine Ardayfio, —, Meta Ray, Nguyen, Ardayfio, Ardafiyo, Anthropic's Claude, haven't, Ardifiyo, Adifiyo, That's Organizations: Harvard, Service, Meta Locations: Meta's Ray

☆ Rare Monet returned to family more than 80 years after it was stolen by Nazis
▼ + stars: | 2024-10-09 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +1 min

CNN —A Claude Monet pastel painting stolen by Nazis during World War II, which vanished for decades only to show up with a Louisiana art dealer, was returned Wednesday in New Orleans to the descendants of its original owners. The Monet was then purchased at auction by a Nazi art dealer and disappeared in 1941. A New Orleans-based antiquities dealer purchased it then sold it to a couple in Washington state. Since then, the FBI has been working to return the Monet to the Parlagi’s granddaughters, and the handoff was made Wednesday. The Parlagi family is still searching for several other art pieces stolen by the Nazis, including a signed Paul Signac watercolor from 1903 that was sold to the same Nazi art dealer as the Monet.

Persons: Claude Monet, ”, Adalbert, Hilda Parlagi, Monet, Paul Organizations: CNN, FBI Locations: Louisiana, New Orleans, Houston, Austria, Vienna, Nazi, France, Washington

☆ Anthropic's power players: Here are the 11 leaders helping shape the future of the Amazon-backed AI company
▼ + stars: | 2024-10-09 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +10 min

It's sought to position itself as the safer, more responsible AI company. She, along with her brother Dario, was part of the team that left OpenAI with the goal of creating a more responsible AI company. Krishna Rao, Chief Financial OfficerAs any emerging AI company can attest, conducting groundbreaking research isn't enough. In this role, he's building deep relationships with users and helping to turn Anthropic's research into a mass-market product. These capabilities are essential to Anthropic's positioning of itself as the safer AI company.

Persons: Anthropic, It's, —, OpenAI's, Dario Amodei, Amodei, Dario, Daniela Amodei, She's, Jack Clark ,, Clark, Jared Kaplan, Kaplan, Chris Olah, Sam McCandlish, McCandlish, Tom Brown, Brown, Krishna Rao, Rao, Mike Krieger, São Paulo, Krieger, Claude, Brian Israel, it's, Brian, Sam Bowman, Bowman, Jan Leike Organizations: Service, OpenAI's ChatGPT, Google, Princeton University, Hertz, Stanford University School of Medicine, sager, Bloomberg, Harvard, Johns Hopkins University, Research, Organization, Core Resources, Stanford University, Brandeis University, Core, Blackstone, Bain & Company, Anthropic, State Department, NASA Locations: OpenAI, Anthropic, Airbnb, São, Menlo Park, San Francisco, New York, Israel

☆ When Harlem Was ‘as Gay as It Was Black’
▼ + stars: | 2024-10-09 | by ( Derrick Bryson Taylor | Scott Reinhard | ) www.nytimes.com time to read: +30 min

Two Black men, in tuxedos, clasp hands and dance in a smoky foreground in a scene from "Looking for Langston," the 1989 film that reevaluated gay and lesbian contributions to the Harlem Renaissance. When Harlem Was ‘as Gay as It Was Black’ Mapping the people, homes and hot spots that transformed the neighborhood during its Renaissance. A map of Harlem with a location labeled “Ma Rainey at the Lincoln Theater” near 135th Street and Lenox Avenue. Michael Ochs Archives/Getty ImagesMap with location labeled “Bessie Smith at Hotel Olga” in the northernmost part of Harlem. was often called the living room of the Harlem Renaissance, and over the years provided a safe and affordable space for Black artists, writers and thinkers.

Persons: Langston, Henry Louis Gates Jr, Nicholas Park, Clare Corbould, ”, Ma Rainey’s, Ma Rainey, ” Ma Rainey, “, ” Donaldson, Gladys Bentley, Gladys Bentley West, Gladys Bentley West 133rd Street Gladys Bentley, Bentley, Michael Ochs, Bessie Smith, Hotel Olga ”, Bessie Smith Lenox, Lillian Simpson, Emma Chen, ” Smith, Porter Grainger, Everett Robbins, Ain’t, Jimmie Daniels ”, Jimmie Daniels, Daniels, Ethel Waters, Nicholas Avenue, Nicholas, Ethel Williams, Waters, ” Everett, Edna Thomas ”, Edna Thomas, Lloyd Thomas, Olivia Wyndham, Thomas, Wyndham, Georgette Harvey ”, Georgette Harvey, Maria, Porgy ”, Porgy, Bess, Musa Williams, Billy Rose, Hunter ”, Alberta Hunter, Lottie Tyler, Bert Williams, ’, ” Michael Ochs, Lindy Hop, Shane Vogel, Vogel, Jerome Robbins, James F, Wilson, Duke Ellington, Josephine Baker, Heather Nickels, Harry, Nickels, “ SAVOY, George Karger, Alain Locke, Countee Cullen, Richard Wright, Ralph Ellison, Langston Hughes, Olga ”, Olga Lenox, Edward H, Olga, Victor Hugo Green’s “, Bill “ BoJangles ” Robinson, Robert W Kelley, Alain Locke Washington, ” Alain Locke, Locke —, —, Nella Larsen ”, Nella Larsen, Street Nella Larsen, Larsen, Octavio González, Audre Lorde, Hughes, ” Arnold Rampersad, Countee Cullen ”, Harold Jackman, Cullen, Richard Bruce Nugent ”, Richard Bruce Nugent, Thurman, Jade ”, González, Nugent, ” Carl Van Vechten, Carl Van Vechten, Street Carl Van Vechten, Harold Jackman ”, ” Harold Jackman, Jackman, Maurice Hunter ”, Maurice Hunter, Corbould, Claude McKay ”, Claude McKay, West 142nd Street Claude McKay, Alexander Gumby, A’Leila Walker, A’Lelia Walker, Madame C.J, Walker, “ Wallace Thurman ”, Wallace Thurman, Zora Neale Hurston, Gwendolyn Bennett, Sydney ”, Sydney, Iolanthe Sydney, Du Bois, Thurgood Marshall, Robert “ Bobby ” Winchester, Horace Hicks, Isaac Julien, Mr, Julien Organizations: Harlem Renaissance, Harlem, The New, Black, Greenwich, Harvard, Central, Deakin University, Ma Rainey’s Georgia Jazz, Jazz, Lincoln, Lenox, Lincoln Theater, Street, Gladys Bentley West 133rd Street, New York Times, Michael Ochs Archives, Hotel Olga, Blues, Hotel, Lesbian, Blues Women, Communities, West, of Congress, Music Division, Federal, St, Library of Congress, Guild Theatre, Billy Rose Theatre Division, The New York Public, 138th Street, Alberta Hunter, West 138th, ” Michael Ochs Archives, Getty, Savoy, African American Studies, Yale University, Cabaret, 155th Street, Jerome Robbins Dance Division, 131st, CUNY, Hulton, West 133rd, 133rd, Avenues, Cotton, 142nd, Cotton Club 142nd Street, U.S, Swing, 141st, Ballroom, Blacks, 125th, 135th, Harlem Y.M.C.A, Harlem Branch, Columbia University, Lafayette Theater, Lafayette Players, Washington D.C, Wellesley College, 127th, Mount Morris Park, East 127th, 136th, The New York Public Library, Bettmann, Everett, 134th Street, Eighth, West 142nd, West 142nd Street, Cabaret School, Yale, American, Library, 136th Street, “ Infants, Columbia, Harlem’s Locations: tuxedos, Manhattan, Harlem, Central, Rockland, New York, St, Australia, Ma Rainey’s Georgia, Philadelphia, Colonial, British, Alberta, ”, —, Hamilton Lodge, Lenox, Seventh, Morris, Lafayette, Washington, Eighth, Mount Morris, Lenox Avenue, United States, Midtown, Black, Sugar

☆ Top Wall Street analysts favor these stocks for attractive long-term potential
▼ + stars: | 2024-10-06 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Nonetheless, investors could benefit by ignoring short-term noise and tracking the recommendations of top Wall Street analysts to pick stocks with attractive long-term growth potential. (See CYBR Hedge Fund Activity on TipRanks)Uber TechnologiesWe move to the ride-sharing and food delivery platform Uber Technologies (UBER). After hosting meetings with the company's management, JPMorgan analyst Doug Anmuth reaffirmed a buy rating on UBER stock with a price target of $95. Uber expects its grocery ad business to account for 5% of gross bookings over time. (See UBER Stock Buybacks on TipRanks)Meta PlatformsThis week's third stock pick is social media company Meta Platforms (META).

Persons: Matthew Hedberg, Hedberg, TipRanks, Doug Anmuth, Anmuth, Uber, Baird, Colin Sebastian, Sebastian, Claude, OpenAI's ChatGPT Organizations: Wall, RBC Capital, TAM, JPMorgan, Mobility, Meta, Meta Connect, Reality Labs

☆ Everyone wants to know what AI is worth. One investor looked to the past for the $20 trillion answer.
▼ + stars: | 2024-10-03 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

Miller's team compared AI's growth with past tech waves, finding consistent growth rates. In fact, the generative-AI wave looks a lot more like past tech waves than its revolutionary capabilities would suggest. That "rule of three" theory puts the value of the AI wave at about $20 trillion. Miller likened the AI wave to the mobile wave in about 2009, when there were few applications for the iPhone. "So the question is if compute is the primary underlying driver of economic activity, economic growth, economic opportunity, then there's an argument that it's actually bigger."

Persons: Ben Miller, Miller, Nvidia wouldn't, —, Jensen Huang, Everybody's, Anthropic's Claude, Fundrise, shortsighted, it's, We'll, they're Organizations: Nvidia, Service, Cisco, Intel, Business, Adobe, AMD, Meta, Microsoft, Bloomberg, IDC

☆ AI coding tools mean there are no more junior software developers
▼ + stars: | 2024-10-03 | by ( Helen Li | ) www.businessinsider.com time to read: +8 min

AI coding tools like GitHub Copilot have transformed software development and productivity. AdvertisementBefore he graduated from university, Jacob Jackson founded the AI coding assistant TabNine in 2018. In the past two years, there has been a boom in AI coding assistants. The spike in ChatGPT usage and AI coding assistants has shifted how software developers do their jobs. AdvertisementAI assistants can empower codersMost generative AI coding assistants focus on auto-completion, meaning that the tool suggests code as the programmer types.

Persons: —, Jacob Jackson, TabNine, Jackson, Claude, Nikolas Gauvreau, Dan Boneh, Kevin Baragona, Baragona, Gauvreau, he's, David Malan, Malan Organizations: Software, Service, Microsoft, Accenture, Developers, Stanford University, Harvard University, Activision Blizzard Locations: OpenAI, Canada, Brazil, Germany, India

☆ Amazon recently rolled out a new AI chatbot that is 'safer than ChatGPT' for employees to use
▼ + stars: | 2024-10-01 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

Amazon recently launched Cedric, an internal AI chatbot, to boost employee productivity. Amazon has repeatedly warned employees not to use third-party AI chatbots, including ChatGPT. Cedric is a "general purpose AI chatbot" that is "safer than ChatGPT," an internal document obtained by BI said. Earlier this year, Amazon formalized internal guidelines that ban external AI tools, including ChatGPT, for business purposes. Approved for 'highly confidential data'Cedric is one of the many AI tools Amazon recently launched or is building internally.

Persons: Cedric, —, It's, Amazonians, it's, JP Morgan Chase, That's, Claude, Cedric doesn't Organizations: Amazon, Service, BI, ChatGPT Enterprise, Enterprise, archrival Microsoft, ChatGPT, Apple, Samsung, Cedric, Software, Amazon Web Services Locations: OpenAI

☆ Amazon quietly rolled out a new AI chatbot that is 'safer than ChatGPT' for employees to use
▼ + stars: | 2024-10-01 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

Amazon recently launched Cedric, an internal AI chatbot, to boost employee productivity. Cedric is a "general purpose AI chatbot" that is "safer than ChatGPT," according to an internal document obtained by BI. Cedric's goal is to help Amazon employees increase their productivity and job satisfaction as external AI tools are not available for security reasons, the document added. Earlier this year, Amazon formalized internal guidelines that ban external AI tools, including ChatGPT, for business purposes. Approved for 'highly confidential data'Cedric is one of the many AI tools Amazon recently launched or is building internally.

Persons: Cedric, —, It's, Amazonians, it's, JP Morgan Chase, Claude, Cedric doesn't Organizations: Amazon, Service, BI, ChatGPT Enterprise, Enterprise, Microsoft, ChatGPT, Apple, Samsung, chatbot, Cedric, Software, Amazon Web Services Locations: OpenAI

☆ Gavin Creel, Broadway star known for ‘Hello, Dolly!’ and ‘Waitress,’ dead at 48
▼ + stars: | 2024-09-30 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +3 min

CNN —Gavin Creel, a Tony-winning Broadway veteran known for his work in productions of “Hello, Dolly!” “Waitress” and “The Book of Mormon,” has died, according to his representative. Matt Polk, a representative for Creel, told CNN that the actor’s passing was confirmed by Creel’s partner Alex Temple Ward. “As an award-winning Broadway star, he brought irrepressible verve, passion, and boundless energy to his onstage roles while devoting his offstage time to advocacy and community-building,” an obituary provided by Polk stated. Creel played the role of Dr. Pomatter in Sara Bareilles’ “Waitress” in the 2019 Broadway production and reprised the role on London’s West End in 2020. Creel is survived by his mother Nancy Clemens Creel and father James William Creel, his sisters, Ward and his dog Nina.

Persons: CNN — Gavin Creel, Tony, ”, Matt Polk, Creel, Alex Temple Ward, irrepressible, Polk, Jimmy Smith, Claude Hooper Bukowski, Elder Price, ” Creel, Cornelius Hackl, Bette Midler, David Hyde Pierce, Ted Lasso ”, Hannah Waddingham, “, Dr, Pomatter, Sara Bareilles ’, Bareilles, Sondheim, James Lapine’s “, ” “ Gavin, Nancy Clemens Creel, James William Creel, Ward, Nina Organizations: CNN, Broadway, Manhattan, irrepressible verve, Memorial Sloan Kettering, University of Michigan, Music Locations: Findlay , Ohio

☆ Why Sam Altman doesn't think AI will replace writers
▼ + stars: | 2024-09-27 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Open AI CEO Sam Altman said he doesn't see AI replacing human writers. AI's use in writing has grown since ChatGPT's launch, with some authors even using AI to write and illustrate books. AdvertisementWhile multiple jobs are seemingly at risk of one day being replaced by AI, Sam Altman doesn't believe writers are one of them. One freelance writer previously told BI that they lost a job after their client began using AI to replace his services. But Altman remains confident that human writers will maintain an advantage over AI — original idea generation.

Persons: Sam Altman, Altman, —, Sam Altman doesn't, podcaster David Perell, Tim Boucher, Claude, ChatGPT, OpenAI Organizations: Service, o1, GPT

☆ An author is facing backlash for using AI to write 120 books. He says he's misunderstood.
▼ + stars: | 2024-09-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Tim Boucher has written over 120 books using AI-generated text and images. "My books allow AI models to speak for themselves, almost like the idea of an unreliable narrator in literature," he told Business Insider. AdvertisementCreative differencesTensions between AI companies and the creative industries have been bubbling since the release of AI image generators such as Midjounrey and the rise of AI-powered chatbots such as ChatGPT. AI companies, including OpenAI, are facing several similar lawsuits from groups of authors and artists. He said he thought the lawsuits would put a lot of pressure on how AI companies use licensed data, which he described as a "good thing."

Persons: Tim Boucher, —, he's, chatbots, Claude, ChatGPT, Boucher, Michael Chabon, Elon Musk's, Chabon Organizations: Service, Meta, Wild West

☆ Nvidia's days of absolute dominance in AI could be numbered because of this key performance benchmark
▼ + stars: | 2024-09-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Liang told Business Insider he expects 90% of AI computing workloads will be in inference in the not-too-distant future. AdvertisementThat's why several startups are charging aggressively into the inference market — emphasizing where they might outperform the goliath in the space. Speed is an important factor when multiple AI models talk to each other and waiting for an answer can dampen the magic of generative AI. The number of tokens per second that can be consumed (when a prompt goes in) and generated (when a response comes out) is a common metric for AI computing speed. AdvertisementCerebras's AI chip is roughly size of a dinner plate.

Persons: —, Rodrigo Liang, Colleen Kress, workloads, Liang, Andrew Feldman, Bernstein, Colette Kress, Kress, Nvidia's, SambaNova, Anthropic's Claude, Nvidia isn't, Jensen, Dylan Patel, Patel Organizations: Service, Business, SambaNova Systems, Nvidia, ARM, AMD, o1, BI Locations: Artificialanalysis.ai, TCO

☆ A 20 year-old built a nuclear fusion prototype in his home for $2,000. Here's how he did it.
▼ + stars: | 2024-09-25 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +5 min

The nuclear fusion prototype generates a glowing orb of plasma. Nuclear fusion reactors that can generate fusion are usually much larger, like this now-retired Tokamak Fusion Test Reactor at PPPL. It can't produce nuclear fusion, but it can achieve plasma, which is where nuclear fusion takes place and is a major step in the overall process. How Nazoordeen made his nuclear fusion prototype from scratchNazoordeen wasn't afraid to ask for help. Everything you need to make a nuclear fusion prototype can probably fit on your desk (banana included).

Persons: —, Nazoordeen, He'd, Claude, I'd, Nazoordeen Nazoordeen, Uber, Carlos Paz, wasn't, Paz, Soldan, Nazoordeen's, Hudhayfa, he's Organizations: Service, Business, University of Waterloo, PPPL . Princeton Plasma Physics, eBay, Columbia University Locations: PPPL

☆ Leaders from the CIA, Dell Technologies, HP, SageCXO, and ezCater share how they keep up with AI development
▼ + stars: | 2024-09-24 | by ( Helen Li | Emma Cosgrove | ) www.businessinsider.com time to read: +14 min

John Roese, the global chief technology officer and chief AI officer of Dell Technologies. In the long term, those two have to come closer together to achieve the speed necessary for an AI cycle. So the quality of what you produce in your organization as a CTO — if you're going to provide models built in-house — better be superstar quality, or no one's using it. Once you understand that those are high level, then you have to ask if you are actually on a path where if you apply AI, you're going to get to an outcome. DeCesare: I've been most inspired to drive the leverage of AI through the company by finding out how people have applied it.

Persons: Emma Cosgrove, La'Naia Jones, John Roese, Elaine Zhou, Faisal Masud, Erin DeCesare, What's, it's, Claude, It's, She's, ChatGPT, Cosgrove, we've, cocreate, that's, We've, Masud, That's, they're, Jones, You've, Everyone's, Aaron, Jensen, Huang, I've Organizations: Business, BI's, CIA, Dell Technologies, HP, Star, Amazon, Nvidia Locations: Spain, Madrid, Silicon

☆ Amazon's Bedrock success prompts a surprising question: Do you need a top model to win in AI?
▼ + stars: | 2024-09-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

Read previewSo far, the generative AI race has been about who can build the most powerful models. Almost two years later, there are so many powerful AI models out there, it's no longer that special. Advertisement'Important but not critical'AWS CEO Matt Garman appears to be fine not having a fancy, home-grown AI model. "It'll be important but not critical," Garman said when asked about the importance of offering a top-performing first-party AI model. AGI teamThis doesn't mean Amazon has given up on building its own powerful AI model.

Persons: —, Claude, Meta's, Matt Murphy, Anthropic, Murphy, ChatGPT, Patrick Neighorn, Amazon's, Andy Jassy, Matt Garman, Garman, Matt McIlwain, Brent Thill, Jefferies, Thill Organizations: Service, Google, Business, Microsoft, OpenAI, Gemini, Menlo Ventures, AWS, Intuit, Toyota, New York Stock Exchange, BI, Asia, Madrona Venture Group, Amazon Locations: Europe, Middle East, Africa, Asia Pacific, Japan, North America

☆ A new ETF uses AI to emulate Warren Buffett's investment style
▼ + stars: | 2024-09-22 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Investment startup Intelligent Alpha is working on launching the Intelligent Omaha ETF , with the ticker AIWB, that relies on AI to emulate the Berkshire Hathaway CEO's investment philosophy and create a portfolio of 25-30 stocks that it thinks Buffett might buy. It remains to be seen how deeply AI could understand Buffett's unique investing style that has evolved significantly over seven decades. All about AI Intelligent Alpha has been testing its Buffett strategy for six months and the portfolio AI puts together would overlap Berkshire's by anywhere between 30 to 60%. "The vision for Intelligent Alpha is to build the AI-powered BlackRock," Clinton said. "There are two big pillars, serving retail investors [through Registered Investment Advisors], and then there's serving institutional investors."

Persons: Warren Buffett, Buffett, Claude —, he's, Doug Clinton, Charlie Munger's, Clinton, Stanley Druckenmiller, David Tepper Organizations: Alpha, Berkshire Hathaway, Intelligent Alpha, Apple, Livermore, Nvidia, Advisors Locations: Omaha

☆ 6 things from my San Francisco trip reveal which stocks are AI winners
▼ + stars: | 2024-09-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

Almost everyone else seems to want to deploy AI in some meaningful way but don't seem to know how. It's available on HP 's AI personal computers right now but hasn't really attracted a lot of interest yet — good for Club company Best Buy 's forward earnings. For some companies, companies like CVS , this is a no brainer. One that can build things or get things or just give you a cup of your coffee. I don't know what will happen to people who are doing this now.

Persons: Jensen Huang, Marc Benioff, Copilot, hasn't, Uber, San Francisco —, Amazon's, Benioff, Benioff's, Agentforce, Tesla, Elon, Donald Trump, Pat Gelsinger, gunning, Lisa Su, Jensen, Su, wasn't, Nvidia's Blackwell, Blackwell, Mike Sievert, Jim Cramer's, Jim Cramer, Jim, Carlos Barria Organizations: Microsoft, Club, Nvidia, Oracle, HP, Devices, AMD, Saks Fifth, CVS, Siemens, Starbucks, Intel, Qualcomm, Arm Holdings, Enterprise, Constellation Energy, GE Vernova, Apple, Mobile, Jim Cramer's Charitable, CNBC Locations: San Francisco, Atlanta, Austin , Texas, Dreamforce, bailiwick, Eaton, Dover, California

☆ An 'AI apocalypse' is coming to investing. How financial advisors can prepare
▼ + stars: | 2024-09-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

Artificial intelligence is expected to transform the way companies do business, including those in financial planning and investment management. That means financial advisors need to get onboard or risk being left behind. Of course, financial advisors have been using some technology, like financial planning software, for years. Still, AI will help financial advisors do their jobs better — not necessarily put them out of work. What to do Nexus Strategy's Welsh believes financial advisors should begin getting comfortable with current AI capabilities.

Persons: Craig Iskowitz, Anthropic's Claude, Vincent Gudsdorf, Leo Kelly, Verdence, Kelly, Timothy Welsh, Welsh, Iskowitz, That's, Verdence's Kelly, It's Organizations: Ezra Group, AIs

During Tuesday’s presidential debate, former President Donald Trump repeated unfounded claims that Haitian immigrants “are eating dogs and cats … eating people’s pets” in Springfield, Ohio. “The fact that Donald Trump wants to double down on something so ridiculous just breaks my heart again,” Smith said. The rumor follows years of insults hurled at Haitians and Haitian Americans, including unfounded claims of cannibalism, and Trump’s hostility toward Haitian immigrants during his administration. “I work every day with Haitian immigrants, and no one works as hard as them,” he said. “It’s really unreal.”On social media, Haitians have expressed disgust about the depiction, while others “won’t even entertain something so crazy,” Smith said.

Persons: Donald Trump, Carmine Simon Smith, ” Smith, “, ”, Smith, Trump, Sen, JD Vance, Trump’s, Vance, Francois C, Antoine Simon, Jean, Claude Duvalier, Doc, Duvalier, Smith’s, That’s, It’s, ” Moses Jean, Pierre, Pierre said, They’re, ” Nasha Pierre, Moses Jean, Pierre ., Pierre “, Kamala Harris, ” Pierre, “ It’s, don’t, Rob Rue, Dany Philippe Organizations: NBC News, Local, White, America, Black, Hoops, Haiti, Trump, NBC Locations: Springfield , Ohio, Atlanta, R, Ohio, Springfield, Haitian, Haiti, El Salvador, France, Canada, Black Republic, Boston, Port, Phoenix, U.S, Florida, Las Vegas, America, Springfield’s, New York, That’s Haiti

☆ Nvidia stock jumps as CEO Jensen Huang looks to address key investor concerns
▼ + stars: | 2024-09-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Nvidia stock surged 6% on Wednesday, helping fuel a tech-led rebound in the stock market. CEO Jensen Huang discussed the return on investment of AI infrastructure at a Goldman Sachs conference. Productivity gains and immediate cost savings are the core tenets of Nvidia's ROI pitch to customers. The gains in Nvidia stock came as CEO Jensen Huang addressed investors at a Goldman Sachs conference in San Francisco Wednesday morning. "You reduce the computing time by about 20 times, and so you get a 10x savings," Huang said of running Nvidia's GPU accelerators relative to traditional CPUs.

Persons: Jensen Huang, Goldman Sachs, —, David Solomon, Huang, Solomon, Nvidia's, Claude, There's Organizations: Nvidia, Goldman, Productivity, Service, San Locations: San Francisco

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