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There was a surge in sales of ASML’s advanced chipmaking tools to China last year — ahead of the Dutch ban. In the fourth quarter of 2023, China accounted for 39% of ASML’s total revenue, according to the company. For 2023 as a whole, China’s share of ASML’s revenue was 29%, doubling from 14% in 2022. “China’s access to [these high-end chipmaking] machines is key to its commercialization of 7-nanometer logic chips,” they added. “China has been aggressively buying semiconductor equipment to build out production lines in both advanced and mature nodes,” according to Jefferies.
Persons: Xi Jinping, Mark Rutte, ASML, ” Xi, Rutte, Wang Wentao, Geoffrey van Leeuwen, ” Wang, , ” Jefferies, Jefferies Organizations: Hong Kong CNN, Dutch, United, , Dutch Trade, Huawei, China’s Semiconductor Manufacturing International Corporation Locations: Hong Kong, China, Netherlands, Beijing, United States, Europe
Geologic hydrogen, sometimes referred to as white, gold or natural hydrogen, refers to hydrogen gas that is found in its natural form beneath Earth's surface. Last year, researchers found what may be the world's largest geologic hydrogen deposit to date in France's eastern Lorraine region. The unexpected discovery further boosted interest in its clean energy potential. Some have expressed skepticism about the clean energy potential of natural hydrogen. Grey hydrogen — produced using natural gas and the most common form of hydrogen production — leads to large greenhouse gas emissions.
Persons: Alex Halada, Le, Canada's Hydroma, Ousmane Makaveli, Geoffrey Ellis, Ellis, we've, Minh, Energy's Le, Ana Maria Jaller, Makarewicz, Sebastien Salom Organizations: Geological Agency of, Ministry of Energy, Mineral Resources, Nurphoto, Afp, Getty, Research, Rystad Energy, CNBC, Energy Resources Program, . Geological Survey, U.S . Department of Energy, Institute for Energy Economics, videoconference, Carbon Trust Locations: Pute Jaya, Morowali Regency, Central Sulawesi Province, Indonesia, U.S, Canada, Australia, France, Spain, Colombia, South Korea, Gampern, Upper Austria, Mali's, Bamako, Malian, Bourakébougou, France's, Lorraine, Niger, Mali, gomis
Meet the Americans who can't retire
  + stars: | 2024-03-23 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +12 min
More people over 65 are working as pensions disappear, people live longer, and Social Security benefits are seemingly always in peril. Business Insider spoke with several Americans of retirement age about why they are still trading their time for money. "I think older people become very invisible, and maybe it's going to take other older people to help heighten that visibility." On average, Americans who have pensions receive $25,000 annually from them; the average estimated annual Social Security benefit is $38,418 for 2024. Indeed, BI's analysis of retirement data has found that nearly 80% of retirees have Social Security income.
Persons: , Marcia, I'm, hasn't, she's, Steve Biddle, he's, He's, he'll, Bill, Geoffrey Sanzenbacher, Sanzenbacher, they're, Debra Giarrusso, She's, didn't, I've, there's, Pam, Kurt Vonnegut's, David Certner, Certner, Rebecca, It's Organizations: Service, Business, Social Security, Behavioral Health, Disability, Aging, , Boston College, Center for Retirement Research, Congressional Research Service, Ford Motor Company, AARP Locations: North Carolina, Connecticut, Philadelphia, America, Michigan
CNN —The FBI has returned a trove of looted Japanese art to its country of origin after a family found a stash of artifacts in their late father’s Massachusetts attic. They looked old and valuable,” Special Agent Geoffrey J. Kelly, art crime coordinator for FBI Boston and a member of the FBI Art Crime Team, said in a statement. A typewritten letter found alongside the artifacts in Massachusetts helped confirm they were looted during the last days of World War II, the FBI added. “When taken together, they really represent a substantial piece of Okinawan history,” Kelly said of the artifacts. The artifacts were returned to Okinawa last week, the FBI said, but noted that several Okinawan objects are still missing and are listed in the National Stolen Art File.
Persons: Geoffrey J, Kelly, ” Kelly, , you’re Organizations: CNN, FBI, FBI Boston, Okinawa FBI, Smithsonian Institution’s National Museum of Asian, Washington , D.C Locations: Massachusetts, Japan, Okinawa, Washington ,
“But it could also bring serious risks, including catastrophic risks, that we need to be aware of,” Harris said. First, Gladstone AI said, the most advanced AI systems could be weaponized to inflict potentially irreversible damage. Safety concernsHarris, the Gladstone AI executive, said the “unprecedented level of access” his team had to officials in the public and private sector led to the startling conclusions. Gladstone AI said it spoke to technical and leadership teams from ChatGPT owner OpenAI, Google DeepMind, Facebook parent Meta and Anthropic. Some employees at AI companies are sharing similar concerns in private, according to Gladstone AI.
Persons: Gladstone AI, Jeremie Harris, ” Harris, Robyn Patterson, Joe Biden’s, ” “, ” Patterson, ” Gladstone AI’s, Harris, Gladstone, OpenAI, Geoffrey Hinton, , Hinton, Elon Musk, Lina Khan, , ” Gladstone, AGI, Organizations: New, New York CNN, US State Department, Gladstone, CNN, AIs, Google, Facebook, Gladstone AI’s, , Yale, Summit, Federal Trade, OpenAI, Gladstone AI, Nvidia Locations: New York, , United States, Hinton
Trillions of tons of lightweight, energy-dense hydrogen gas may be hidden deep underground. Those natural reservoirs, known as geologic hydrogen, could be a fruitful carbon-free fuel source. Oil and gas giants BP and Chevron have joined a consortium to study geologic hydrogen. That's when an oil and gas company assessed a mine that had exploded in Mali and found it was full of hydrogen gas. In the US, two long stretches of this rock are a promising place to look for hydrogen reserves, and efforts are already underway.
Persons: Bill Gates, Geoffrey Ellis, Joe Biden's, didn't, Ellis, John Barrasso, Evelyn N, Wang, Pete Johnson Organizations: Service, United Airlines, BP, Chevron, US, Energy, Natural Resources, Business, Research Projects Agency, ARPA Locations: Alberta, Canada, Mali, Kansas, Ontario, Michigan, New Jersey, Georgia, France, Australia, Brazil, Colombia, Albania, Albania's, Tirana, GENT
A helicopter takes off from Chinese warship Jinggangshan during an early search for the missing Beijing-bound Malaysia Airlines flight 370 on March 11, 2014. Beijing-bound Malaysia Airlines flight 370 dropped off the radar shortly after departing Kuala Lumpur in the small hours of March 8, 2014. Families of passengers from China and Malaysia on board MH370 during a remembrance event commemorating the 10th anniversary of its disappearance, in Subang Jaya, Malaysia, on March 3, 2024. Hasnoor Hussain/ReutersAviation experts tell CNN that improved detection technology will likely bring families closer to the missing plane than they ever have been, if a search were to be relaunched. Phoenix Autonomous Underwater Vehicle (AUV) Bluefin-21 is craned over the side of Australian Defense Vessel Ocean Shield in the search for missing Malaysia Airlines flight 370 on April 14, 2014.
Persons: MH370, Jiang Hui, ” Jiang, , , Jiang Cuiyun, It’s, V.P.R Nathan, Anne Daisy, Hasnoor Hussain, Anthony Loke, Grace Subathirai Nathan, Adli Ghazali, Oliver Plunkett, it’s, ” Geoffrey Thomas, AirlineRatings.com, Leut Kelli Lunt, Richard Quest, Richard Godfrey, Godfrey, Fred Dufour, AirlineRatings’s Thomas, ” Godfrey, “ I’m, Sarah Bajc, Phil Wood, Bajc, Jiang Organizations: CNN, Malaysia Airlines, Reuters, Reuters Aviation, Malaysian, Transport, Malaysian Transport, Anadolu Agency, Getty, Boeing, Underwater, Australian Defense, Australia Department of Defence, CNN’s, Aviation, Radio, British Aerospace, MH370, British Locations: Beijing, China, Kuala Lumpur, Africa, Malaysia, Subang Jaya, United States, Madagascar, Putrajaya, Australia, Malaysian, Perth, AFP, Asia, Panama, Zhuji
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementStill, it wasn't until I watched Lesley's funeral in December 2023 that I truly realized what a great role model she was. AdvertisementStill, as her eldest son, Nick, said at the funeral, "She never felt self-pity and made the best of things." She was the life and soul of the partyMy cousin mentioned my aunt's love of poetry at the funeral and her entertaining rendition of poems. Phil told me that she swore by facial scrubs from Sweden.
Persons: Lesley Challen, , Lesley —, Auntie Lesley —, she'd, Geoffrey, Lesley, Nick, Phil, Phil Challen, Alfred Noyes, Byron's, Sennacherib, they'll Organizations: Service, University of Locations: England, Australia, New Zealand, America, San Francisco, Sweden
Two crypto experts debate the bull and bear cases for bitcoin
  + stars: | 2024-02-29 | 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 EmailTwo crypto experts debate the bull and bear cases for bitcoinGeoffrey Kendrick, Head of Crypto Research at Standard Chartered Bank, and David Tice, Chief Investment Officer at Ranger Equity Bear ETF, debate the outlook for bitcoin amid its year-to-date rally.
Persons: Geoffrey Kendrick, Head, David Tice Organizations: Crypto, Standard Chartered Bank, Equity Bear
The investment analyst team led by Gary Yu has a $140 price target and overweight rating on Baidu's U.S.-listed shares. "We believe the current AI cloud integration between Galaxy AI and Ernie is just the first step," Yu said. For all the interest in AI stocks, China markets this year are still grappling with worries about whether Beijing is doing enough to support economic growth. They have a price target of 160 yuan on Shanghai-listed shares of Cambricon — upside of 12% from Friday's levels. They have a price target of 380 yuan on Shanghai-listed Kingsoft, up more than 50% from Friday's levels.
Persons: Morgan Stanley, Gary Yu, Yu, Ernie chatbot, Ernie, Fawne Jiang, Jiang, Baidu, Alex Yao, Yao, Geoffrey Hinton, Cade Metz, Hinton, Metz, it's, Sinodata, Microsoft didn't, EPFR, Bernstein, monetization Organizations: Bloomberg, Baidu, U.S, Huawei, Galaxy, Benchmark, JPMorgan China, Mavericks, Google, Facebook, Microsoft, Shenzhen Stock Exchange, Shanghai, China Equity Funds, Nvidia Locations: China, U.S, Shenzhen, Beijing, Shanghai
This story is available exclusively to Business Insider subscribers. "I grew up in Nutley," Lorraine Hurlbut , the listing agent for the home who works with Keller Williams NJ Metro Group, told Business Insider. Advertisement“We have New Yorkers, people from Hudson County that live in Jersey City and Hoboken come,” to buy homes in Nutley, Hurlbut said. With 15 bids received, the home's sale price soared by over 40% of the asking price — setting a record in Nutley, Hurlbut told NJ.com. “I don't do minimal staging,” Hurlbut told Business Insider.
Persons: , William Lambert, Lorraine Hurlbut, Keller, It's, Hurlbut, , Geoffrey, NJ.com, ” Hurlbut, Hurlburt, Organizations: Service, Business, Keller Williams NJ Metro Group Locations: Nutley , New Jersey, Nutley, Essex County, New York City, Hudson County, Jersey City, Hoboken, New York, New Jersey
“I don’t believe that you should be worried,” says Geoffrey Thomas, an aviation safety expert and editor in chief of Airline Ratings, which publishes an annual list of the safest airlines. The list of the world’s safest airlines is topped by Air New Zealand, Qantas, Virgin Australia, Etihad Airways, Qatar Airways, Emirates, All Nippon Airways, Finnair and Cathay Pacific. Charly Triballeau/AFP/Getty Images“Aviation is the safest mode of transportation,” says Anthony Brickhouse, a professor of aviation safety at Florida’s Embry-Riddle Aeronautical University. “Unfortunately, with the Japan Airlines accident, we did lose five people on the military aircraft, but everybody made it off of the civilian aircraft. Remote in probabilityDespite concerns, the Boeing 737 has a better safety record than the 747, experts say.
Persons: , Geoffrey Thomas, it’s, , Thomas, Charly Triballeau, Anthony Brickhouse, Florida’s Embry, Brickhouse, Max, we’ve, Willie Walsh, Arnold Barnett, That’s, we’re, ” Barnett, Jason Redmond, Barnett Organizations: CNN, Alaska Airlines, Max, Boeing, , Airbus, Air New Zealand, Qantas, Virgin Australia, Etihad Airways, Qatar Airways, Emirates, All Nippon Airways, Finnair, Cathay Pacific, Getty, Florida’s, Riddle Aeronautical University, US Federal Aviation Administration, National Transportation Safety Board, Japan Airlines Airbus, Tokyo Coast Guard, FAA, Japan Airlines, NTSB, Reuters, Massachusetts Institute of Technology, European Union, United Locations: AFP, Tokyo, Japan, Africa, Latin America, Asia, Australia, Canada, China, Israel, New Zealand, Norway, Switzerland, United Kingdom, United States
Your next landlord may be a pro sports team
  + stars: | 2024-02-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +8 min
But team owners in recent years have turned to real estate development to bring in extra cash and drive up the asset values of their franchises. “It makes perfect sense for a team owner to play real estate,” said Propheter. “That means that team owners do have a lot of leverage,” he said. “Stadium subsidies transfer wealth from the general tax base to billionaire team owners, millionaire players, and the wealthy cohort of fans” who regularly attend games. “Generally speaking, the people who come off well are the team owners and the developers,” Zimbalist said.
Persons: , Geoffrey Propheter, Daniel Slim, , Andrew Zimbalist, Louis, Harry Cabluck, Bruce Ratner, Stan Kroenke, Matthew Grimes Jr, Steve Cohen, Mark Cuban’s, Adelson, “ I’m, ” Zimbalist Organizations: New, New York CNN, Professional, Billionaire, University of Colorado Denver, Sofi, Getty, Washington Wizards, Capitals, Sweet, Smith College, Riverfront, Busch, Baltimore Orioles, Camden, Barclays Center, Nets, Los Angeles Rams, “ Battery, Atlanta Braves, Golden State Warriors ’ Chase Center, Texas Rangers, Globe, Arlington, New York Mets, Hard, Citi Field . Dallas Mavericks, Vegas Sands Corp, Management Locations: New York, North America, Inglewood , California, AFP, Washington, Alexandria , Virginia, Cincinnati, St, Pittsburgh, Brooklyn, New Jersey, , “ Battery Atlanta ”, Truist, Atlanta, San Francisco, , City, Arlington , Texas, ” Cuban
But with Mr. Trump’s intervention persuading congressional Republicans to abandon the border deal that they themselves had demanded, Mr. Biden finally has an opportunity to shift from defense to offense. “Joe Biden blamed President Trump for the border crisis that Biden himself created,” said Karoline Leavitt, a spokeswoman for the former president. Mr. Trump made clear that he saw the deal not as a solution but a threat to his bid to reclaim his office. Image Mr. Trump ridiculed the idea that Mr. Biden could deflect blame after three years of failing to secure the border. For three years, Republicans had a clear story line when it came to the border — Mr. Biden either intentionally or incompetently opened the floodgates.
Persons: Biden, Donald J, Trump, Biden’s, , , “ I’ll, MAGA, Donald Trump, ” Mr, “ Joe Biden, Karoline Leavitt, Joe Biden, John Moore, impeaching Alejandro, James Lankford, Christopher S, Murphy, Kyrsten Sinema, Don’t, Doug Mills, Geoffrey Garin, ” Margie Omero, Mark S, ” Scott Jennings, Mr, Jennings Organizations: Democratic, White, Trump, MAGA Republicans, MAGA Republican, CBS News, PBS, NPR, Marist, Republican, Democrat, Democrats, Republican Party, Border Patrol, Patrol, New York Times, Republicans, Center for Immigration Studies, Biden, Locations: New York, Illinois, Oklahoma, Connecticut, Arizona
Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion. India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak. Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions. Sanctions will have a long-term impact on the Russian economy, according to the European Commission. Nabiullina said the Russian economy was like a car trying to go too fast.
Persons: Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, , , SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, , Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely Organizations: CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, , Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency Locations: United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing
Read previewBusiness Insider put the best recipes from celebrity chefs head-to-head to find the most delicious salads, desserts, bread, beverages, and more. AdvertisementRead more about the winning recipe and full battle here: I tried 3 celebrity chefs' recipes for blueberry pancakes, and the best used whipped egg whites. Read more about the winning recipe and full battle here: I made 4 celebrity chefs' recipes for overnight oats, and the best was served in a cantaloupe. This celebrity chef's garlic bread was buttery, spicy, and not at all soggyThe texture of Guy Fieri's garlic bread was spot-on. AdvertisementRead more about the winning recipe and full battle here: I tried 3 celebrity chefs' recipes for white sangria, and the best was also the prettiest.
Persons: , Paige Bennett, Tiffany Leigh, Bennett's, Bennett, Carla Hall's microwaved, Bobby Deen's, Nancy, Nancy Fuller, Ina Garten's, Read, Ree Drummond, Alton Brown, Curtis Stone, Flay's, Paige Bennett Bobby Flay's, Guy, Guy Fieri's, Tiffany Leigh Fieri's, pico de gallo, Leigh, roja, Gordon Ramsay's, Paige Bennett Bennett, Giada De Laurentiis, Trisha Yearwood, Aarón Sánchez, Fieri's, Alex Guarnaschelli's, Alex Guarnaschelli, Rachel Ray, Paula Deen, Carla Hall's cornbread, Alton Brown's, dill, Sunny, Paige Bennett Garten, Anderson's coleslaw, Guy Fieri, Ina Garten, Sunny Anderson, Lucien Formichella, Brown, Bobby Flay, Keller's, Thomas Keller, Daniel Boulud, skillet, Rachael Ray's, Alfredo, Katie Lee Biegel's fettuccine, Chelsea Davis, Ree Drummond's, Giada de, Chelsea Davis Davis, Drummond, De Laurentiis, Laurentiis, Davis, Duff, Bobby Flay's, Gordon, Bobby, Flay, papayas, pecans, caramelized pecans, we've, Sandra, Sandra Lee's boozy, milkshake, minty, Geoffrey Zakarian's margarita, Geoffrey, Rachael Ray's negroni, Ina Garten's mulled, Bobby Flay's Bloody Mary, Geoffrey Zakarian's, Ina, Gina Neely, Rachael Ray, Guarnaschelli, Ray Organizations: Service, Business, Insider Hall, Garten, kiwis, Alton, cranberries Locations: scone, Worcestershire, Garten, mayo, cayenne, Buffalo, Swiss chard, Ree, Moscow
So when the opportunity came to move into a two-bedroom apartment in December 2019, she jumped at the chance. Now Ms. Budway lives at Gilliam Place, an affordable housing complex built on property that Arlington Presbyterian Church owns. “My world has gotten so much larger,” she said. Ms. Budway is the beneficiary of a growing real estate trend: Across the nation, faith-based organizations are redeveloping unused or derelict facilities to help rectify a housing affordability crisis while also fulfilling their mission to do good in the world. With the exception of a few well-heeled churches or synagogues, most religious organizations tend to be land rich and cash poor, said Geoffrey Newman, an executive managing director at Savills, a real estate services company.
Persons: Emma Budway, Budway, Geoffrey Newman Organizations: Arlington Presbyterian Church Locations: Arlington , Va, Gilliam, Arlington
Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Altman was temporarily booted from OpenAI in November in a shock move that laid bare concerns around the governance of the companies behind the most powerful AI systems. In a discussion at the World Economic Forum in Davos, Altman said his ouster was a "microcosm" of the stresses faced by OpenAI and other AI labs internally. "We're already seeing areas where AI has the ability to unlock our understanding ... where humans haven't been able to make that type of progress. Avoiding a 's--- show'Altman wasn't the only top tech executive asked about AI risks at Davos.
Persons: Sam Altman, Google's DeepMind, Salesforce, Altman, chatbot, We've, it's, Aidan Gomez, OpenAI, Gomez, CNBC's Arjun Kharpal, AGI, it'll, Lila Ibrahim, Ibrahim, CNBC's Kharpal, who've, haven't, Marc Benioff, Elon Musk, Steve Wozniak, Andrew Yang, Geoffrey Hinton, Hinton, Benioff Organizations: Economic, Bloomberg, Getty, Microsoft, Union, ABC News, ABC, OpenAI, CBS Locations: Davos, Switzerland, United States, Cohere, Hiroshima
Geoffrey Celard, 29, lives in a DIY tiny house with his pet cat in Valence, in southeast France. The tiny house took over a year to build and he estimates he spent $21,000 on the project. AdvertisementWhen Geoffrey Celard returned to France in 2020 from a six-month-long backpacking trip in Colombia, he needed a place to live. Geoffrey Celard/La Cabane — Mini Habitat"I built it in a warehouse-like place, which is shared with other builders of tiny houses. Tucked away in the countrysideCelard's tiny house is parked on a piece of land he rents with another friend who also has a tiny house.
Persons: Geoffrey Celard, Celard, Organizations: Service, They're Locations: Valence, France, Colombia, Drôme, Paris
Paige Bennett for InsiderIt really doesn't get any easier than this. Paige Bennett for InsiderI did wish there was some kind of garnish to make the drink feel more like a cocktail. Paige Bennett for InsiderThe first few sips were mainly club soda, which is not entirely pleasant on its own. Paige Bennett for InsiderOne of my favorite cocktail ingredients is ginger beer. Paige Bennett for InsiderThis virgin margarita was really good and refreshing.
Persons: , Aaron McCargo Jr, Geoffrey Zakarian, Ree Drummond, McCargo, Paige Bennett, Geoffrey Zakarian's, Zakarian's, margarita, Ree, I'd, McCargo Jr, we've Organizations: Service, Business, Food
Some companies expect AI to be an ultimate solution, but it doesn't work like that, he said. Generative AI programs, like ChatGPT, have been used by individuals for school, business, and more. For Lightcap, the most overhyped aspect of AI is that it can completely transform a business "in one fell swoop." Morgan Stanley predicts that AI tools will increase earnings for jobs across industries by at least $83 million by 2030. AdvertisementHowever, there are naysayers who fear generative AI will be used for more supervillain-type activities, like stealing artwork or replacing jobs.
Persons: OpenAI, , Brad Lightcap, they've, ChatGPT, Lightcap, there's, It's, Morgan Stanley, Geoffrey Hinton, it's Organizations: Service, CNBC
The New York Times list of "who's who" in AI has been slammed for featuring zero women. "Godmother of AI" Fei-Fei Li criticized the list, writing, "It's not about me, but all of us in AI." AdvertisementThe New York Times' profile of "who's who" in AI, published Sunday, has drawn criticism for featuring zero women. "You literally erased all the heavy hitting women of AI and but included people who are more 'influencers,'" wrote Daneshjou. AdvertisementThe New York Times did not immediately respond to a request for comment from Business Insider, sent outside regular business hours.
Persons: Fei, Fei Li, , Kara Swisher, Li, It’s, recup, asha, Dane, Wale, ari, Hass, Hoff, lon Musk Organizations: New York Times, Service, ust, ctu, rit, emi Locations: usk
In the small town of Hinsdale, New Hampshire, people knew Geoffrey Holt as the unassuming caretaker of the mobile home park where he lived. What they didn't know was that he was a multimillionaire — and he donated the entirety of his $3.8 million fortune to the 4,000-person community after he died at age 82 in June. "Geoff was a private person, preferring to be in the crowd rather than in the front of it," Smith tells CNBC Make It. Holt had previously confided to Smith about his wealth, but Smith didn't know of Holt's plans until he became caretaker. He didn't own a car and lived frugally in a mobile home on the 25-acre land Smith owned.
Persons: Geoffrey Holt, Holt, Edwin, Smokey, Smith, Geoff, Mr, Holt's Organizations: CNBC, New, New Hampshire Charitable Foundation, Navy Locations: Hinsdale , New Hampshire, Brattleboro, New Hampshire, Hinsdale
Foundation models like the one built by Microsoft (MSFT.O)-backed OpenAI are AI systems trained on large sets of data, with the ability to learn from new data to perform various tasks. In a meeting of the countries' economy ministers on Oct. 30 in Rome, France persuaded Italy and Germany to support a proposal, sources told Reuters. Until then, negotiations had gone smoothly, with lawmakers making compromises across several other conflict areas such as regulating high-risk AI, sources said. France-based AI company Mistral and Germany's Aleph Alpha have criticised the tiered approach to regulating foundation models, winning support from their respective countries. Other pending issues in the talks include definition of AI, fundamental rights impact assessment, law enforcement exceptions and national security exceptions, sources told Reuters.
Persons: Carlos Barria, Thierry Breton, Geoffrey Hinton, Alpha, Mistral, Mark Brakel, Supantha Mukherjee, Josephine Mason, Alexander Smith Organizations: Technology, Intelligence, REUTERS, Rights, Reuters, Foundation, Microsoft, European Commission, Mistral, Lawmakers, Life Institute, Thomson Locations: San Francisco, California, U.S, Rights STOCKHOLM, BRUSSELS, LONDON, France, Germany, Italy, Rome, Spain, Belgium, Stockholm
He announced plans for a new national strategy for AI development to counter the West. The United Kingdom has eight. Similarly, close to 300 authors of these systems come from the United States. Another 140 are from the United Kingdom. Geoffrey Hinton, the British-Canadian AI researcher named a "godfather of AI," for instance, has said he's worried about "bad actors" like Putin using the AI tools he's creating .
Persons: Putin, , Vladimir Putin, they're, Geoffrey Hinton Organizations: Russia, Service, Artificial Intelligence, supercomputing, Stanford's Institute for, Intelligence Locations: Moscow, Russia, United States, United Kingdom, States, British, Canadian
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