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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
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
Then there's the upside progress made in the third quarter without the leadership of super-cap tech – the equal-weighted S & P 500 is up nearly 9% since June 30 and the Nasdaq 100 up less than 2%. Goldman Sachs here plots the S & P 500 forward P/E at the time of each initial rate cut in a cycle. For sure, a breather would make sense for the broad market, with the S & P 500 up 11 of the past 15 days. In either case, it's a notable deviation from the story of placid strength being told by the S & P 500 itself. The median Wall Street strategist target for the S & P 500 is now well below the current index level, usually not something one sees at an ultimate market peak.
Persons: Scott Chronert, isn't, Goldman Sachs, it's, John Kolovos, Bitcoin's Organizations: Nasdaq, Citi, Fed Locations: China
Read previewIn February, Glean announced a $200 million funding round valuing the AI enterprise software startup at $2.2 billion. AdvertisementThe transaction is the latest in a string of dizzying back-to-back funding rounds at ever-higher valuations for a handful of AI startups that stand in stark contrast to the doldrums of the overall market for startups. Earlier this year, Sakana raised $30 million in a seed funding round led by Lux Capital. Slingshot AI, which has built an automated mental health counselor, also raised separate rounds of funding just months apart. Advertisement"VCs are increasingly faced with frequent requests from their hot AI companies to follow on or double down on investments," said Iris Sun, an investor at 500 Global.
Persons: , Glean, Arvind Jain's inbox, Jain, Steve Brotman, Perplexity, SoftBank, Sakana, Gregg Hill, that's, Matt Murphy, Dario Amodei, Kimberly White, Murphy, I'd, I've, Jenny Chang, Rodriguez, Jai Das, Rajeev Dham, couldn't, Das, Sapphire, Uber, Iris Sun, Chandrasekar Organizations: Service, Business, DST Global, Alpha Partners, Bloomberg, Google, New Enterprise Associates, Khosla Ventures, Lux Capital, Parkway Venture Capital, Menlo Ventures, Getty, Sapphire Ventures, Investments Locations: Tokyo
The market cap for stablecoins — cryptocurrencies that promise a fixed value peg to another asset — has recently reached all-time-high levels after a sharp drop in 2023. Monthly payments in stablecoins tripled to $1.4 trillion in the 12 months leading up to July. This could have investment implications for Robinhood down the road, he added, as it "continues integrating stablecoins for crypto trading & cross-border transfers." Crypto investors watch stablecoins closely for evidence of demand, liquidity and activity in the market. PayPal last year launched its own dollar-backed stablecoin, while Visa has been supporting stablecoin payments and Mastercard is supporting stablecoin wallets and other crypto card programs.
Persons: , Bernstein, Gautam Chhugani, Kevin Dede, Wainwright, Dede, Goldman Sachs, Wells, Rob Goldstein, Michael Bloom Organizations: H.C, JPMorgan, PayPal, Visa, Mastercard, BlackRock, New, Financial Locations: New York City, Boston, New York
Let me ask you something: Have you noticed that engagement bait questions are taking over your Threads feed? AdvertisementOn a side note, rage bait is having a moment right now. Related storiesThis kind of rage bait is effective and largely harmless. I played around with engagement bait because I'm a tech journalist who writes about social media platforms and am curious about how Threads works. For now, I promise no more rage bait.
Persons: I've, retweets, Ellen Oscar selfie, vapid, vloggers, I'm, It's, it's, they've, Beskostõi, baiters Organizations: Service, Elon Twitter, New, Facebook, Meta Locations: Cleveland, Upstate New York, New York City, Estonia, Instagram
The mission, dubbed Polaris Dawn, was set to take flight as soon as 3:38 a.m. This launch attempt comes after several issues hampered the Polaris Dawn crew’s efforts to get off the ground in late August. Because carrying out a spacewalk will create a drain on oxygen supplies, the Polaris Dawn mission will have only enough life support for five or six days in space. If successful, Polaris Dawn would beat that record by about 20 miles (32 kilometers). Polaris Dawn may also mark the farthest any woman has ever gone into space.
Persons: Van Allen, Elon Musk, Jared Isaacman, Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis —, cumulatively Organizations: CNN, Polaris, SpaceX, Twitter, Kennedy Space Center, Falcon, US Air Force Locations: Florida
Chris Deri leads Weber Shandwick's corporate-advisory business and is on BI's Workforce Innovation board. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Research conducted by the firm, Deri said, found CEOs were prioritizing AI, even if they didn't yet know how to get started. Is AI really occupying the minds of business leaders as much as we think?
Persons: Chris Deri, Weber, execs, , Deri, we've, There's, it's, Jamie Dimon Organizations: Service
Read previewA team of scientists in China believe they've found a way to make hypersonic missiles more potent — by extending their range via "skipping" on the atmosphere. Skip-gliding missiles may also be harder to track and intercept, she added. Kavanagh noted that a future skip-gliding missile would likely still be detectable from hundreds of miles away. AdvertisementKearn believes the issue is being overblown since China has the ability to launch nuclear strikes regardless of its hypersonic missiles. AdvertisementTheir next step, they said, would be to research how easily a skip-gliding missile can maneuver and navigate laterally.
Persons: , they've, Yong Enmi, Washington, Jennifer Kavanagh, Kavanagh, David Kearn, Biden, Kearn Organizations: Service, China Aerodynamics Research, Development Center, Business, Astronautics, China Morning Post, US, Defense, People's, Army, PLA, Government, St, John's University Locations: China, Hong Kong, Nazi Germany, Beijing, Washington, Hawaii, United States
Mars may be drenched beneath its surface, with enough water hiding in the cracks of underground rocks to form a global ocean, new research suggests. The findings released Monday are based on seismic measurements from NASA’s Mars InSight lander, which detected more than 1,300 marsquakes before shutting down two years ago. Just because water still may be sloshing around inside Mars does not mean it holds life, Wright said. His team combined computer models with InSight readings including the quakes’ velocity in determining underground water was the most likely explanation. Wet almost all over more than 3 billion years ago, Mars is thought to have lost its surface water as its atmosphere thinned, turning the planet into the dry, dusty world known today.
Persons: Vashan Wright, Wright Organizations: University of California San Diego’s Scripps, of Oceanography, National Academy of Sciences
(This is CNBC Pro's live coverage of Monday's Wall Street chatter as global markets sell off. — Lisa Kailai Han 7:02 a.m.: How long sell-offs typically last Bad news: The current market sell-off may have further to go. — Lisa Kailai Han 6:09 a.m.: Oppenheimer's Stoltzfus: Best to not 'jump to conclusions' Investors need to have a cool head as global markets sell off, according to Oppenheimer's John Stoltzfus. — Fred Imbert 5:51 a.m.: Global markets in an 'aggressive risk-unwind', Vital Knowledge says Fears of a U.S. recession are pressuring global markets, leading investors around the world to sell some of this year's top winners, according to Adam Crisafulli of Vital Knowledge. "Markets are caught in an aggressive risk-unwind as equities plunge around the world, with tech getting hit particularly hard," he wrote in a note Monday.
Persons: Wharton's Siegel, Jeremy Siegel, CNBC's, Siegel, hasn't, it's, … They're, , Lisa Kailai Han, Tom Lee, Lee, Duncan Toms, Toms, Fred Imbert, Victoria Greene, Greene, It's, Nimrit Kang, — Lisa Kailai Han, Dan Ives, Gene Goldman, Gennadiy Goldberg, Ives, Goldman, Goldberg, Oppenheimer's John Stoltzfus, Evercore, Ed Hyman, Hyman, Adam Crisafulli, Crisafulli Organizations: CNBC, Stock, Nikkei, Dow Jones Industrial, Nasdaq, Wharton, Federal Reserve, Fundstrat Global, HSBC, G Squared, Wealth, NorthStar Asset Management, Street, Wedbush, TD Securities, Federal, NASDAQ, U.S, Fed, Global Locations: U.S, Europe, Japan, China
Sixty metres into the men’s 100-metre Olympic final in Paris and Noah Lyles is third. AdvertisementThe headline is Lyles winning by five-thousandths of a second in the closest men’s 100m Olympic final ever — and the hardest for which to qualify. Lyles (9.78sec) ran the fastest time in an Olympic 100m final since Bolt’s Olympic record (9.63) in London back in 2012. The final frontier for him to become Olympic champion was the start… so here’s the story of how a 75-year-old and a stickman helped give Lyles the edge. At Lyles’ training base in Clermont, Florida, Mann, now 75, has a marquee set up by the side of the track.
Persons: Noah Lyles, Fred Kerley, Jamaica’s Kishane Thompson, Lyles, Usain Bolt, , Ralph Mann, , Mann, Lyles ’, Tim Clayton, Corbis, you’ve, Mario, ” Lyles, , imploring Mann, Christian Coleman, Coleman, Letsile, Thompson, Marcell Jacobs, Jacobs, Akani, he’s, Noah, Steve Magness, Simbine, — Mann, “ Ralph Mann, Andy Cheung Organizations: Getty, Olympic, Olympics, Stade de France, U.S, Paris Diamond League, Thompson's Locations: Paris, London, Clermont , Florida, Glasgow, Tokyo, Seville, Lyles, 6.41sec, 3.35sec
“This was one of Birmingham’s white-whale buildings,” Mr. Flachsbart said of a former Red Cross office that had been renovated into 192 rental residences. (“One of the greatest programs ever for Black workers and Black entrepreneurs,” he called the incentive in an appearance this week at a National Association of Black Journalists conference.) But the relatively low-income areas covered by the incentive, known as opportunity zones, didn’t benefit equally. On Mr. Flachsbart’s tour of new projects in downtown Birmingham, the stops dry up in the historically African American northwest quadrant. There, developable lots and vacant buildings haven’t received as much of the capital flowing toward the buzzier parts of downtown.
Persons: Alex Flachsbart, Mr, Flachsbart, Donald J, Trump, , haven’t Organizations: Red, Democrats, National Association of Black Journalists Locations: Alabama, Birmingham
AdvertisementSybill helps sales reps by recording every sales call and generating transcriptions and summaries for future reference. By consolidating information from these interactions, Sybill helps sales reps gain a clearer understanding of the customers' budget, stakeholders, and timeline. With Sybill, sales reps can automatically sync information, providing sales leaders with real-time visibility into deals. AdvertisementOther AI sales tools include Gong, an AI-powered revenue intelligence platform that raised $582.9 million, according to PitchBook. The company helps sales leaders forecast revenue and improve team productivity, targeting enterprise customers like ADP and Snowflake.
Persons: , Gorish Aggarwal, Aggarwal, Nishit Asnani, Soumyarka Mondal, Mehak, salespeople, Sybill, They're, Slack, Gong Organizations: Service, Stanford, Business, Greycroft Capital, Neotribe Ventures, Powerhouse Ventures, Enterprise, Balto Software Locations: Salesforce, Avoma, Sybill
Hypersonic missiles are weapons that are capable of achieving sustained speeds in excess of Mach 5 while maneuvering. It is a true hypersonic weapon that operates and maneuvers in a high-altitude hypersonic regime," Paul Sudlow from Lockheed Martin Missiles and Fire Control previously told Sandboxx News. AdvertisementAdding the Mako missile to America's stealth fightersA render of an F-35 equipped with Mako missiles. Designed in a 'digital engineering ecosystem'A render shows the Mako hypersonic missile in flight. Leon Neal/Getty ImagesOne of the biggest challenges facing the laundry list of hypersonic weapons in active development for the US military is cost.
Persons: , Lockheed Martin, Mako, Paul Sudlow, Sudlow, Nano Calvo, Northrop Grumman, Rick Loy, Lockheed Martin's, Lockheed, Lockheed Martin Lockheed Martin, Leon Neal Organizations: Service, Mako, Lockheed, US Air Force, US Navy, Business, Lockheed Martin Missiles, Control, Sandboxx, Air, Sandboxx News, EA, AIM, Air Force, Navy, Marine Corps, Getty, US Air, Northrop, Naval News, Visitors, Defense Department, Congressional Locations: Mako, Lockheed Martin Europe, London
Machine guns come in three types: we have light machine guns that chamber intermediate rounds and maximize weight savings; medium machine guns that offer more power with full-powered rifle rounds; and heavy machine guns that might weigh more than 100 pounds but provide light armor and barrier destruction as well as a longer range. SOCOM's new machine guns blend the medium and heavy machine gun types to create something novel. This new weapon seems ready to supplement or even replace the M2 heavy machine gun. This led to a demand for a gun that offers the range of a heavy machine gun with respectable power but without the weight. To put it simply, they want a weapon that weighs less than a medium machine gun but has the range of a heavy machine gun.
Persons: , Ma, it's, Cpl, Mary Kohlmann SOCOM, Norma Magnum chambering, Norma, SOCOM, Norma Magnum, SIG MG338, we'll Organizations: Service, Marine Corps, Business, BMG, NATO, US Army, SIG, Ohio Ordnance, Indigenous, Dynamics, Velocity, Ohio Ordnance Works, Facebook Locations: United States, Ohio
Ways to earn Choice Privileges pointsThe Choice Privileges program may seem straightforward, but many little rules define what counts as a qualifying points-earning stay. Earn points from Choice hotel staysThe most straightforward way to earn Choice Privileges Rewards is by staying in Choice hotels on paid bookings. Buy Choice Privileges points for yourself or someone elseYou can buy up to 250,000 Choice Privileges points for yourself — or up to 180,000 Choice Privileges points for friends and family members — per calendar year. Transfer Choice Privileges points to travel partnersTo redeem Choice Privileges points for flights, use the Choice Hotels Rewards Exchange to transfer them to airline partners at the following rates:5,000 Choice points for 1,000 Alaska Airlines Mileage Plan miles5,000 Choice points for 1,000 Aeromexico Club Premier miles5,000 Choice points for 1,000 Aeroplan points5,000 Choice points for 1,000 United MileagePlus miles5,000 Choice points for 1,000 Spirit Airlines Free Spirit miles5,000 Choice points for 1,000 Czech Airlines OK Plus miles20,000 Choice points for 8,000 Qantas Frequent Flyer points20,000 Choice points for 8,000 Virgin Australia Velocity points20,000 Choice points for 140 Air New Zealand Airpoints DollarsNote that you may need to call Customer Service at 888-770-6800 and provide them with your frequent flyer number to complete your airline redemption. Choice Privileges Rewards frequently asked questionsHow can I earn points with Choice Privileges Rewards?
Persons: You'll, , Read, It's, We'll, you'll, there's, Homefront, they'll Organizations: Business, Card, Citi Strata Premier, Choice, Read, Choice Hotels, Penn National Gaming, Inc, Resorts, Amtrak, Barclays, Amex, Citi, Capital, American, Premier, Express, Hotels, Diamond, Avis, Cambria Hotels, Alaska Airlines, Aeromexico Club Premier, Czech Airlines, Spirit Airlines, Air, Zealand, Qantas Frequent Flyer, Australia, Alamo, Budget, Bed, Apple, Vinesse, Rocket, Aeromexico Club, Airlines, Virgin Australia, Clubs of America, Fisher House Foundation, Council, International, Polaris, Cosmopolitan, AARP Locations: Cambria, Econo Lodge, U.S, Canada, Mexico, Central America, Caribbean, Asia, Pacific, China, Japan, Europe, Clarion Clarion Pointe, Cambria Hotels, Czech
Houthi Drone Strike Highlights Dilemmas for Israel
  + stars: | 2024-07-20 | by ( Patrick Kingsley | ) www.nytimes.com   time to read: +1 min
Israel faces a strategic dilemma over how best to retaliate for the drone attack on Tel Aviv claimed by Yemen’s Houthi militia, which is based thousands of miles from Israel’s southern borders. The attack, which struck an apartment building early on Friday near the United States diplomatic compound, killing one person and wounded several others, has heightened concerns in Israel about the threat of Iran. Tehran funds and encourages militias opposed to Israel throughout the region, including Hamas in Gaza and Hezbollah in Lebanon, in addition to the Houthis in Yemen. According to military experts, those factors make it harder for drones to be tracked by radar and intercepted by surface-to-air missiles. Yoav Gallant, the Israeli defense minister, has vowed revenge for the attack, but analysts said this weekend that Israel had few obvious options against a militia that shares no common border with Israel and has appeared undeterred by earlier displays of force by Western powers.
Persons: Yemen’s, Yoav Gallant Organizations: United Locations: Israel, Tel Aviv, United States, Iran, Tehran, Gaza, Hezbollah, Lebanon, Yemen
Read previewTikTok may be Gen Z's favorite jukebox, but YouTube shorts is quickly gaining steam among music listeners, per a new report from entertainment-industry data firm Luminate. When making a short, creators can add copyrighted music to videos using the YouTube shorts audio library. TikTok is still the go-to platform for music marketers looking to drive attention to songs. YouTube shorts may still be a tough sell for some marketers, however. YouTube is a major hub for long-form music content, and its shorts feature could help drive fans to artists' music videos and other original content, said Johnny Cloherty, CEO of the music-marketing firm Songfluencer.
Persons: , TikTok, Olivia Rodrigo, Drake, Lyor Cohen, Simon Friend, Friend, Johnny Cloherty, Cloherty Organizations: Service, Business, Universal Music, Facebook, YouTube Locations: TikTok
The star is one of a binary pair, so the planet orbits the primary star, while the primary star orbits a secondary star. While Jupiter takes 4,000 Earth days to complete one orbit around the sun, hot Jupiters complete one orbit every few days. Astronomers use “eccentric” to refer to the shape of a planet’s orbit on a scale from zero to 1. “It’s a pretty extreme process in that the changes to the planet’s orbit are massive,” Millholland said. Discovering a second hot Jupiter precursor is helping astronomers to confirm the idea that high-mass gas giants transform into hot Jupiters as they migrate from eccentric to circular orbits, the researchers said.
Persons: , , Arvind Gupta, NOIRLab, Gupta, Suvrath Mahadevan, Verne, Willaman, Jason Wright, ” Wright, ” Gupta, Sarah Millholland, , ” Millholland, Wright, James Webb Organizations: CNN —, Penn State, Astronomy, Mercury, NASA, Massachusetts Institute, Technology’s Kavli, for Astrophysics, Space Research, chrysalis Locations: Kitt, Arizona
Some of this stems from the belief that AI benefits workers with greater task-based responsibilities versus the broader job responsibilities of higher-level workers (with many experts saying AI is nearly at the level of a good intern). Still, 30% of senior-level employees fear they'll be fired for lacking AI skills, according to a recent report from online tutoring company Preply. Experienced employees can master AI insightsDespite the general stereotype that older workers (who often make up the senior-level echelon) have a harder time adapting to new technology, Preston recognizes that these are the workers for whom AI has unique advantages. "It would be easy to write off older workers and say this is just going to be too hard for them, they're not going to adapt," Preston said. "Let's lean into the value of AI to help leverage the jobs of the future for older workers, rather than assuming that for some reason, it's going to leave them behind."
Persons: they'll, Steve Preston, Preston, Jeetu Patel, Patel, Nikhil Arora, Arora, He's, they're Organizations: Goodwill Industries International, Cisco, IBM Locations: Upskilling, Google's, U.S
Carlos Alcaraz nearly crashed out at Wimbledon on Friday at the hands of a familiar foe. 3 Alcaraz came alive, running away with the fourth-set tiebreak and the fifth set to prevail 5-7, 6-2, 4-6, 7-6(2) 6-2. Tiafoe played his best tennis of the year, or maybe even two. But with his hopes for the tournament resting on the outcome of a fourth-set tiebreak, it was Alcaraz who came alive. Tiafoe played with the fearlessness and confidence that has been missing.
Persons: Carlos Alcaraz, Frances Tiafoe, Alcaraz, , ” Alcaraz, Tiafoe, Alcaraz’s, Jannik Sinner, American Brandon Nakashima, Ugo Humbert, Novak Djokovic, Ben Shelton, Matteo Arnaldi, Glyn Kirk, unreturnable, , Zac Goodwin Organizations: Wimbledon, U.S ., That’s, Alcaraz, U.S, Getty, Croatian Borna, Court Locations: American,
A number of Big Tech companies have laid off staff this year, including Google, Tesla, Apple, and dozens more. Ironically, companies haven't been slowing down on innovation, with many releasing a constant stream of AI updates and product launches. Mark Zuckerberg shared his theory on the first round of industry-wide layoffs in an interview with "Morning Brew Daily" in February. AdvertisementSalesforce CEO and cofounder Mark Benioff also relayed the same sentiment in a letter to employees announcing layoffs in 2023. But for the moment, tech companies don't seem to be slowing down on AI advancement.
Persons: , Mark Zuckerberg, Jason Citron, Sundar Pichai, Mark Benioff, Zuckerberg, Emily Chang, Wayfair's cofounders, Niraj Shah, Steve Conine, Jobs, Satya Nadella, Arvind Krishna, Drew Houston Organizations: Service, Big Tech, Google, Apple, Business, Bloomberg, ARM, IBM, Dropbox Locations: Zuckerberg's
CNN —Forecasters will soon be able to see real-time mapping of lightning activity on Earth and keep a closer eye on solar storms unleashed by the sun thanks to a new weather satellite. The weather satellite lifted off aboard a SpaceX Falcon Heavy rocket from Kennedy Space Center in Florida at 5:26 p.m. What sets GOES-U apart from other satellites is that it’s carrying a new capability to keep an eye on space weather. The coronagraph will provide continuous observations of the solar corona, or the hot outer layer of the sun’s atmosphere, which is where space weather events originate, said Elsayed Talaat, director of NOAA’s Office of Space Weather Observations. The instrument’s capabilities will allow NOAA’s Space Weather Prediction Center to issue warnings and watches one to four days in advance and “mark a new chapter in space weather observatoions,” Talaat said.
Persons: , Ken Graham, Elsayed Talaat, ” Talaat, Steve Volz, ” Graham, Sullivan, Pam Sullivan Organizations: CNN, NASA, National Oceanic, Atmospheric Administration, Environmental, SpaceX, Kennedy Space Center, NOAA, National Weather Service, YouTube, GOES, Atmospheric Imaging, NOAA’s, Service Locations: Florida, Africa, New Zealand, Central, South America, Caribbean
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMark Zuckerberg has been at the helm of Facebook, now Meta, since he created it in his Harvard dorm room 20 years ago. Advertisement"I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work," Zuckerberg said in an internal Q&A last year. Founders, don't delegateZuckerberg said one of his "most controversial" leadership tips for business leaders is to avoid delegating responsibility. It's an abbreviated version of what is perhaps Zuckerberg's best-known saying, "Move fast and break things," a mantra from Facebook's early days.
Persons: , Mark Zuckerberg, he's, Zuckerberg, Jeff Bezos Organizations: Service, Facebook, Harvard, Business, Meta, Forbes
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