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Read previewWhen Satya Nadella took over as CEO of Microsoft in 2014, he was on a mission to transform the company's culture. A decade later, it's clear that Nadella followed his own counsel as he seeks to establish Microsoft as a dominant force in AI. So, by 2016, Microsoft ditched its mobile business and sold the Nokia phone line to follow Nadella's new vision for the company. This cemented Nadella's vision to build up its open-source software offering, solidifying Nadella's vision to boost Microsoft's open-source software offerings. CFO Amy Hood said on Tuesday that Microsoft's AI bets will be monetized "over 15 years and beyond."
Persons: , Satya Nadella, Nadella, Steve Ballmer, Ballmer, Kevin Scott, Bill Gates, OpenAI, Bing, Nadella isn't, Mustafa Suleyman, Suleyman, Carol Dweck's, Amy Hood Organizations: Service, Microsoft, Business, Nokia, Work Conference Locations: reenergize, OpenAI, ChatGPT
The AI company announced "SearchGPT" on Thursday, an early version of a search product that shows the company is one step closer to launching its own search engine. In a blog post, OpenAI said it's "testing SearchGPT, a temporary prototype of new AI search features that give you fast and timely answers with clear and relevant sources." A screenshot of search results from OpenAI's new SearchGPT prototype, which is in the testing phase. OpenAIOpenAI has Google in its crosshairsWith SearchGPT, OpenAI is clearly positioning itself against Google's Search Generative Experience (SGE) and AI startup Perplexity's search feature. AdvertisementOpenAI's announcement comes after The Information in February that the company had been quietly developing its own web search product.
Persons: , OpenAI, Sam Altman, OpenAI OpenAI, Google's SGE, Microsoft's Bing, Bing, Satya Nadella, OpenAI didn't Organizations: Service, Business, Google, Microsoft, Department of Justice, DOJ Locations: boone north carolina, SearchGPT
Read previewSince graduating from college in 2016, Chris Hsiao dreamed of working as a product manager. He started his career as a consultant and set about securing a product manager role. He previously worked as a project manager at Facebook, but said joining Microsoft felt like a "completely new stint." AdvertisementHsiao spoke about the startup, which designed and sold merchandise online, during his interviews with Microsoft. The hiring process at Facebook and Microsoft both involved multiple interview rounds that contained both behavioral and situational questions.
Persons: , Chris Hsiao, Hsiao, Microsoft Chris Hsiao, Microsoft Hsiao, résumé Organizations: Service, Microsoft, Business, Facebook, Big Tech Locations: San Francisco
Everybody seems to love Zuck right now
  + stars: | 2024-07-24 | by ( Jyoti Mann | ) www.businessinsider.com   time to read: +1 min
Mark Zuckerberg won praise from CEOs for open-sourcing Meta's AI model, Llama 3.1. Shopify's CEO called the model an "incredible gift," and even Elon Musk said he "does deserve credit." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf there were a Big Tech CEO popularity contest, Zuck might well be taking the crown right now. Even Elon Musk gave Zuck a rare nod of approval.
Persons: Mark Zuckerberg, Elon Musk, , Zuck Organizations: Service, Big Tech, Business
Major airlines, banks, and retailers were disrupted by an IT outage linked to CrowdStrike. Regaining its reputation will likely be an enormous task for the cybersecurity firm. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Dan Ives, a technology analyst at Wedbush Securities, wrote in a note seen by Business Insider that it's "clearly a major black eye" for cybersecurity firm CrowdStrike. This story is available exclusively to Business Insider subscribers.
Persons: , Dan Ives, CrowdStrike, Ives Organizations: Service, Microsoft, Wedbush Securities, Business
Airlines, banks, and supermarkets face disruption due to an IT outage linked to Crowdstrike. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMajor airlines, banks, and supermarkets are experiencing widespread disruptions linked to an IT outage after Microsoft reported problems linked to an update issued by cybersecurity firm Crowdstrike. He told NBC News that Crowdstrike was rebooting its operations but that "it could be some time for some systems — it [won't] just automatically recover." This story is available exclusively to Business Insider subscribers.
Persons: , George Kurtz, Crowdstrike Organizations: Service, Microsoft, NBC News, Business
Read previewMajor banks worldwide are scrambling to fix issues resulting from a global IT outage caused by a CrowdStrike software update. British banks Santander and Metro Bank said they were impacted by Friday's outage, which affected their ATM services. "Along with many other organizations, we have been affected by the reported global IT outage," Metro Bank told Business Insider. According to the New Zealand Herald, some banking services in New Zealand were also disrupted, as was South Africa's Capitec, per Bloomberg. Some social media users posted about being unable to access banking services, which they said highlighted the importance of cash.
Persons: , Gina Glaros, CrowdStrike, James Bore Organizations: Service, Santander, Metro Bank, Business, Bank, Commercial Bank of Qatar, New Zealand Herald, Bloomberg, NBC, BI, Windows, Linux, Santander didn't Locations: New Zealand, Norway's
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. The tool has a corrupted file that is "knocking out computers, putting them into what's known as the 'blue screen of death.'" For CrowdStrike Falcon to pull it down now, changing that, making sure it's updated, that does take time," he said. Microsoft and CrowdStrike didn't immediately respond to requests for comment from Business Insider.
Persons: , CrowdStrike, James, Ian Thornton, CrowdStrike didn't Organizations: Service, Microsoft, Business, Trump
Elon Musk mocked Microsoft over global IT outage impacting multiple sectors. The X owner posted a laughing emoji in response to a meme poking fun at Microsoft. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk poked fun at Microsoft over a global IT outage on Friday. The billionaire posted a laughing emoji in response to a meme shared on X mocking the disruption.
Persons: Elon Musk, , Elon Organizations: Microsoft, Service, Business Locations: Airlines
AdvertisementI ended up working at Lyft for about three months but left to get treatment for a severe medical condition. I just want to make sure I'm doing something meaningful and important to me every moment, every month, every year. It made me question what makes me feel like I'm doing well. After six months, I left the barista job to work for BuzzFeed, where I helped with social media and blogging before I was laid off when the company cut jobs in 2023. Now I'm working as an engineer at a healthcare tech startup, which I think really suits me.
Persons: , Chris Jereza, I'd, Lyft, haven't, I've, I'm, they're Organizations: Service, University of California, Business Locations: Berkeley, Lyft
He cofounded the startup Aviato and raised $1 million while still at high school aged 15. I then joined Stanford's Online High School community and met some impressive people. I would attend those cold Zoom meetings from my high school bathroom and pitch to investors. At one point, I was spending about five hours a day in the bathroom taking meetings. AdvertisementI haven't graduated from high school yet and I started taking online classes instead a few months ago after I got suspended for taking meetings in the bathroom.
Persons: , Eric Zhu, Tom Preston, Werner, We've, we're, I've, It's Organizations: Service, Business, Stanford's, School, Bachmanity, Bloomberg Locations: Carmel , Indiana, San Francisco
Radhika Merchant and Anant Ambani's wedding begins on Friday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA four-day cruise, a performance by Rihanna, and a mass wedding for 50 couples were all just the lead-up to the glitziest wedding of the year. Radhika Merchant and Anant Ambani , the youngest son of Asia's richest man , are getting married in Mumbai on Friday, with events following on Saturday and Sunday. This story is available exclusively to Business Insider subscribers.
Persons: Radhika Merchant, Anant Ambani's, Priyanka Chopra, Nick Jonas, Kim Kardashian, , Rihanna, Anant Ambani Organizations: Service, Business Locations: Mumbai
Elon Musk's X plans to sublease its headquarters, the San Francisco Chronicle reported. Its entire office, nearly 460,000 square feet of space, will reportedly be sublet. Musk has openly criticized San Francisco in the past and slammed it as a "disaster." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The company is set to sublease its San Francisco headquarters, the San Francisco Chronicle reported.
Persons: Elon Musk's, Musk, San Francisco, , JLL Organizations: San Francisco Chronicle, Service Locations: San Francisco
Asia's richest man is hosting a lavish wedding in Mumbai for his youngest son this weekend. Mumbai is already plagued by traffic and faces added congestion from the three-day wedding affair. AdvertisementAsia's richest man is throwing a massive wedding for his youngest son in Mumbai this weekend. Anant Ambani, son of Mukesh Ambani, is set to wed Radhika Merchant in a lavish affair. This story is available exclusively to Business Insider subscribers.
Persons: , Anant Ambani, Mukesh Ambani, Radhika Merchant, It's, Sonam Srivastava, Srivastava, Bill Gates, Mark Zuckerberg, Ivanka Trump Organizations: Service, Business, Mumbai Traffic Police, Wright Research, Convention, Immigration Locations: Mumbai, Bandra Kurla, Bandra, Jamnagar
Nvidia, meanwhile, emphasizes technical exercises such as HackerRank coding assessments, while Microsoft evaluates candidates' problem-solving, design, coding, and testing skills. Here's a summary of Big Tech firms' hiring process guides to give you an idea of what to expect. GoogleOnce you've applied for a job and a recruitment team member thinks you might be a good fit, they will be in touch to start the hiring process. According to Google's guide, the first step typically involves taking a Google hiring assessment to test your skills. The Facebook and Instagram owner has compiled a comprehensive guide about its "Full Loop Interview" process, which includes three to five conversations.
Persons: , hasn't, Nolan Church, you'll Organizations: Service, Big Tech, Companies, Google, Nvidia, Meta, Microsoft, Business
Microsoft has given up its observer role on OpenAI's board, per a letter reported by outlets including Axios. Apple is not expected to take up a similar observer role, The Financial Times reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMicrosoft and Apple might have made a play to assuage antitrust regulators over their involvement with OpenAI. Microsoft has now relinquished its role as an observer on OpenAI's board, while Apple will not take up a similar spot, according to reports by outlets including The Financial Times.
Persons: Organizations: Microsoft, Apple, Financial Times, Service, OpenAI, Business
Dyson is cutting about 1,000 jobs from its global workforce of about 15,000. The appliance maker told staff about the layoffs on Tuesday. The British appliance maker, which is now headquartered in Singapore, told staff about the layoffs on Tuesday. The cuts are part of a wider reduction to its global workforce of more than 15,000 people, The Financial Times reported citing unnamed sources. Dyson CEO Hanno Kirner said in a statement that the company had expanded quickly but operated in "increasingly fierce and competitive global markets" and needed to become "entrepreneurial and agile."
Persons: Dyson, , Hanno Kirner, Roland Krüger, James Dyson Organizations: Service, Financial, Guardian, Bloomberg, Business Locations: Singapore
Big Tech firms such as Google and Microsoft are competing for top AI talent. But workers may be the real winners of the battle as they're securing bigger compensation packages. AdvertisementTech companies are embroiled in an intense war for top AI talent. "AI talent is in high demand, with companies offering impressive compensation. This competitive market is pushing up salaries and providing attractive financial incentives for tech workers," Srinivasan said.
Persons: , Ram Srinivasan, JLL, Srinivasan Organizations: Big Tech, Google, Microsoft, Service, Tech, Meta, Business Locations: Levels.fyi
AI skills are in high demand as companies aim to leverage AI for competitive products. AI expertise can lead to lucrative roles in Big Tech or startups and substantial pay raises. AdvertisementAI skills are in high demand in the job market as more companies seek to use the technology to compete with rivals and become more efficient. Having AI expertise could also land you a position at a Big Tech giant, startups — or even get you a pay bump. This story is available exclusively to Business Insider subscribers.
Persons: , Nancy Xu Organizations: Big Tech, Service, Business
Kim started working at Trader Joe's 10 days after getting laid off from Google. So just 10 days after getting laid off, I started a part-time role at Trader Joe's. Related storiesI would work three morning shifts at Trader Joe's, Starbucks in the afternoons and drive for Lyft in between. After almost a year I quit my job at Starbucks and I was promoted to a manager role at Trader Joe's. I made a point of remembering 100 people's names at Trader Joe's within my first month.
Persons: , Kim, Lois Kim, You've, I've, Joe's Organizations: Service, Google, Business, San, San Francisco Bay Area, Joe's, Starbucks Locations: Korea, San Francisco Bay
The US blocked China from importing advanced Nvidia chips in 2022, so some travelers are smuggling them in their luggage, The Wall Street Journal reported. The outlet reviewed records, including customs filings, that showed Nvidia chips were being purchased by Chinese buyers in an underground market. Related storiesThe demand for Nvidia's most advanced chips is so acute because they're regarded as crucial for training AI models. AdvertisementReuters reported in April that Chinese universities and research institutes, including the Chinese Academy of Sciences, obtained Nvidia chips through resellers. The Department of Commerce implemented the Advanced Computing Chips Rule , which makes it harder for China to import AI chips from American manufacturers.
Persons: , Nvidia didn't Organizations: Service, Nvidia, Street Journal, Business, Financial Times, Reuters, Chinese Academy of Sciences, House, of Commerce Locations: China, Beijing, Asia
Manage a lot of peopleHuang believes a CEO should have more direct reports than anyone else in an organization. He, in fact, has more than 50 direct reports, considered an unusually high number for any manager. Advertisement"The more direct reports the CEO has, the less layers are in the company," Huang said in an interview at The New York Times DealBook Summit in 2023. Skip the 1:1 meetingsHuang has said he doesn't have one-on-one meetings with his many direct reports. Advertisement"Almost everything that I say, I say to everybody all at the same time," he said at Stripe Sessions 2024.
Persons: , Huang, Skip, You've, Insider's Jyoti Mann, Nvidian, I've, It's Organizations: Service, Apple, Microsoft, Business, The New York Times DealBook Summit, Stanford's Graduate School of Business, Stripe, Nvidia, Yorker, Stanford Graduate School of Business
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewInterest in humanoid robots has surged in Silicon Valley this year, with one Nvidia research manager even declaring 2024 as the year of the humanoid. Goldman Sachs has estimated that the global market for humanoid robots could reach $38 billion by 2035, although it notes that "the viability of such machines hasn't been proven yet." AdvertisementThe company's headquarters are in the town of Falmouth, Cornwall, but it also has offices in Silicon Valley and London. So while investors seem confident that humanoid robots have a big future, significant challenges remain before that vision has a chance of becoming reality.
Persons: , Tesla, Goldman Sachs, Ameca, Will Jackson, Jackson, doesn't Organizations: Service, Microsoft, Nvidia, Business, Arts, Ameca Locations: Silicon, Falmouth, Cornwall, Silicon Valley, London, Las Vegas
Miles Astray won a prize in an AI contest with a photograph that was not generated by AI. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA photographer won a prize in a competition for AI-generated photographs — except the picture he submitted was real. Miles Astray's image of a flamingo won third place in the AI-generated category of the 1839 Awards' Color Photography Contest last week. However, the photographer told CNN that he was later disqualified after revealing he'd fooled the judges to make a point.
Persons: Miles, , Miles Astray's, he'd Organizations: Service, flamingo, CNN, Business
The iPhone 15 Pro is 0.32 inches (8.25 mm) deep, compared with 0.29 inches (7.4 mm) for the iPhone 12 Pro, per Apple's website. Apple announced at the Worldwide Developers Conference it would integrate its new AI software, Apple Intelligence, into the iPhone, iPad, and Mac. The AI features will roll out later this year with Apple's iOS 18 update, but will only be available to iPhone 15 Pro and 15 Pro Max users. Android chief Sameer Samat previously told Business Insider that it plans to seize the moment to "reinvent" what phones can do. AdvertisementApple didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Apple, Mark Gurman, Gurman, Mac, It's, Sameer Samat Organizations: Service, Business, Apple, Worldwide, Apple Intelligence, Pro Max, Google, Samsung, Android, Bank Of America Securities
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