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Sam Altman is on the charm offensive for AI
  + stars: | 2024-09-13 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +5 min
For the past year, OpenAI CEO Sam Altman has been trying to convince the world that he can be trusted to lead the people to the next frontier of artificial intelligence. In it, she speaks to key figures of the tech industry, including Microsoft cofounder Bill Gates, about the impacts of AI. AdvertisementThroughout the interview, Altman could be seen listening intently to Winfrey's simple but direct line of questioning. One of the points Winfrey pressed Altman on was that of public trust. Winfrey also asked Altman how he feels about being billed "the most powerful and perhaps most dangerous man on the planet."
Persons: Sam Altman, Oprah Winfrey, Altman, Bill Gates, Winfrey, Christopher, Marilynne Robinson, coy, it's, I'm, OpenAI Organizations: Service, Business, ABC, Microsoft, Bloomberg, Apple, Nvidia Locations: ChatGPT
Melinda French Gates's net worth is estimated to be between $11 billion and $13.5 billion. French Gates spends much of her time on philanthropy through her company, Pivotal Ventures. Go to newsletter preferences Thanks for signing up! AdvertisementFor Melinda French Gates, her immense wealth comes with a great responsibility, but it's not one that bogs her down. In an interview with Vanity Fair, the philanthropist said her wealth feels "surreal" and that it comes with a "great responsibility,""But it doesn't feel like a weight," French Gates, 60, added.
Persons: Melinda French, Gates, , Melinda French Gates, it's Organizations: Service, Business
Read previewThis as-told-to essay is based on a conversation with Kim Budlong, a 40-year-old resident of Lancaster, South Carolina, who went on a world cruise while 10 weeks pregnant. Last year, around the end of March, my husband and I began to make plans to go on the Royal Caribbean Ultimate World Cruise, which has a segment that journeys to the Americas and Antarctica. The Americas segment of the Ultimate World Cruise is 64 nights, but cruises generally have a policy that bars passengers about 23 weeks pregnant or approaching the third trimester. By the time the cruise started, I'd be 10 weeks pregnant. AdvertisementBut, in the end, I would say that going on a cruise while pregnant has my stamp of approval.
Persons: , Kim Budlong, I'd, There's, there's, you've, would've Organizations: Service, Royal, Business Locations: Lancaster , South Carolina, Americas, Antarctica, Miami, Caribbean, Buenos Aires, Rio de Janeiro, England
Read previewFrench authorities charged Telegram CEO Pavel Durov with six crimes on Wednesday related to allegations that the tech leader allowed illegal activity to proliferate on his platform. Durov's arrest raises questions about free speech and content moderation. Telegram called Durov's arrest "absurd" and said that the company is "awaiting a prompt resolution" of the situation. Durov's arrest has received backlash from free-speech absolutists like Elon Musk — although his track record for allowing speech on X has also come into question. AdvertisementMusk, who has been criticized for the lack of content moderation on his platform X, defended Durov and painted the Telegram CEO's arrest as a broader global threat around free speech.
Persons: , Pavel Durov, Durov, He'll, David, Olivier Kaminski, Elon Musk, Daniel Lyons, Lyons, K, Dhillon, Emmanuel Macron Organizations: Service, Business, Associated Press, AP, Paris, Elon, Boston College Law School, New York Times, Times, Group, California Republican Party Locations: Ukraine, Russia, France
After tearing into each other in the past, the world's richest person and Republican presidential nominee have become close political allies. December 2016: Musk appointed to Trump's advisory councilsDonald Trump on Tuesday escalated his feud with Elon Musk in a series of Truth Social posts belittling the billionaire. May 2022: Musk said he would reinstate Trump's Twitter accountTesla CEO Elon Musk. "You know [Musk] said the other day 'Oh, I've never voted for a Republican,'" Trump said during a Saturday rally in Anchorage, Alaska. AdvertisementJuly 2022: Musk says Trump shouldn't run againElon Musk.
Persons: , Elon, Donald Trump, Trump, Musk, Yasin Ozturk, Hillary, Elon Musk, Evan Vucci, Uber, Travis Kalanick, flack, Alex Brandon, Musk's, Tesla, Justin Sullivan, He's, Thomas Edison, Jonathan Ernst, Chris Saucedo, unban Trump, Patrick T, Fallon, I've, Alexi Rosenfeld, getty, Seth Herald, Twitter, Ron DeSantis, DeSantis, David Sachs, John Moore, Joe Biden, Ohio Sen, JD Vance, Vance, MAGA, Biden, Kamala Harris, Harris Organizations: Service, Trump, Twitter, Business, CNBC, Elon, White, SpaceX, Donald Trump AP, America, Ford, General Motors, NASA's Kennedy Space Center, REUTERS, SXSW, Financial Times, US, Getty, Republican, and Freedom Coalition, White House, Radical Left, Florida Gov, The New York Times, GOP, Times, Republican National Convention, Ohio, Wall Street, Democratic Locations: United States, Paris, Anchorage , Alaska, California, Cape Canaveral , Florida, U.S, Nashville , Tennessee, Musks, Silicon Valley, Mexico, Eagle Pass , Texas, Eagle, , Texas, Washington, Ukraine, Lago, Harris
Meanwhile, the Federal Reserve is eyeing a potential interest rate cut in September. JPMorgan CEO Jamie Dimon thinks those two events aren't as significant as many think. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Jamie Dimon, , CNBC's Organizations: Federal, JPMorgan, Service, Federal Reserve, Bank of, Business
Gary Marcus, founder of Geometric Intelligence, testified before the Senate with Sam Altman in 2023. Once hopeful of Altman, Marcus now says that the OpenAI CEO can't be trusted. The AI expert also wrote in The Guardian that we're on the wrong path to AI. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But a leading AI expert says the CEO's actions contradict his public pronouncements, and the current path to AI is headed in the wrong direction.
Persons: Gary Marcus, Sam Altman, Altman, Marcus, Organizations: Geometric Intelligence, Guardian, Service, Intelligence, Business Locations: OpenAI
FIFA unveiled Saudi Arabia's plans for the 2034 FIFA World Cup. One of the stadiums will be built inside the country's ambitious eco skyscraper, The Line. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFIFA released Saudi Arabia's ambitious plans for the 2034 World Cup, and it involves building 11 new stadiums, including a 46,000-seat venue inside the country's planned horizontal skyscraper, The Line.
Persons: Organizations: FIFA, Service, Saudi, Business Locations: Saudi, Saudi Arabia
Sen. Elizabeth Warren has been a vocal critic of Fed Chair Jerome Powell's interest-rate hikes. Friday's weak jobs report suggests the Fed may have kept interest rates high for too long. Warren grilled Powell on X and said the time to cut interest rates is now. AdvertisementSen. Elizabeth Warren is grilling Federal Reserve Chair Jerome Powell on social media following Friday's weak jobs report that showed a jump in the unemployment rate and a slowdown in hiring. In an X post on Friday, the Massachusetts senator said that Powell "made a serious mistake not cutting rates" in light of the jobs report.
Persons: Sen, Elizabeth Warren, Jerome Powell's, Warren, Powell, , Jerome Powell, He's Organizations: Service, Business Locations: Massachusetts
Read previewMark Zuckerberg looks poised to dominate the AI adoption race thanks to a technicality: Meta has three billion-plus captive users who have no choice but to use it. As the company reported second-quarter earnings on Wednesday, Zuckerberg gloated about Meta AI — its AI assistant rolled out earlier this year — being "on track to achieve our goal of becoming the most used AI assistant by the end of the year." Related storiesIn effect, then, that gives Zuckerberg a lot of engaged users to introduce AI-powered technology to. Meta's family of apps now has 3.27 billion daily active users. Zuckerberg also seems intent on showing users that AI can inherently make their experience of his apps vastly better.
Persons: , Zuckerberg, It's, Mike Proulx, Forrester, WhatsApp, Susan Li Organizations: Service, Harvard, Business, Meta, Facebook, Apple, Apple Intelligence, OpenAI
Several countries, including the US, carried out a major prisoner swap with Russia on Thursday. The US wanted Alexey Navalny, Putin's most vocal political dissident, to be part of the deal. The Wall Street Journal reported that Putin was open to the idea before Navalny's death in a Russian prison. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVladimir Putin was open to releasing Alexey Navalny, the Russian leader's fiercest critic and political rival whose unexpected death in an Arctic penal colony sparked international backlash, as part of Thursday's historic prisoner swap, according to The Wall Street Journal.
Persons: Alexey Navalny, Putin, , Vladimir Putin, Evan Gershkovich, Paul Whelan, Alsu Kurmasheva, Vladimir Kara, Murza Organizations: Russia, Street Journal, Service, Wall Street Journal, Street, Washington Post, Business Locations: Russian, American
Apple just bought itself some time
  + stars: | 2024-08-01 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +1 min
Apple reported a decline in iPhone revenue for its third quarter. With its Q3 results, Apple just bought itself some time before it has to show payoffs on AI. AdvertisementApple may have just bought itself some time to show off any returns from its big artificial intelligence investments despite a decline in its critical iPhone business for the third quarter. The company reported on Thursday that Q3 revenue from iPhone sales was $39.3 billion, down year-on-year from $39.67 billion. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Apple, Service, Huawei, Business Locations: China
Read previewSome young Olympic athletes are roasting the accommodations at the Olympic Village on TikTok, raising issues with the food, uncomfortable beds, lack of privacy, and limited shared spaces. 'The bed sucks'The Olympic Village was first established in 1924 to bring together thousands of world-class athletes under one roof. Rooms at the Olympic Village feature cardboard beds which were made as part of the organizers' sustainability efforts. Advertisement'Need a Chipotle bowl ASAP'The food at the Paris Olympic Village has also been the subject of athlete complaints. IOC President Thomas Bach tries food from a salad bar while touring the Olympic Village ahead of the start of the Paris 2024 Olympic Games.
Persons: , Coco Gauff, Celia Dupre, Mike Egerton, Simone Biles, Katherine Holmes, Dupre, Laurent Michaud, " Dupre, Chari, Hawkins, I'm, Thomas Bach, David Goldman, I've, Lloyd Lee, lloydlee@businessinsider.com Organizations: Service, Olympic, Business, London Olympics, Rio, Paris, Getty Images, Washington Post, Associated Press, St, Olympic Games Locations: TikTok, Paris, Swiss, Tokyo, Kitts, Nevis, Caribbean
The emails show Vance, who had yet to embark on his run for the Senate, writing to his classmate Sofia Nelson, a Detroit-based public defender. In them, Vance denounced the GOP's embrace of Trump, calling the former president a "morally reprehensible human being," and expressed disappointment with law enforcement after the killing of Michael Brown, a Black 18-year-old, in 2014. AdvertisementIn 2015, Vance wrote that he was "obviously outraged at Trump's rhetoric," comparing him to a demagogue "willing to exploit the people who believe crazy shit." He also wrote in 2016 that "the more white people feel like voting for trump, the more black people will suffer. In a text message to a different former Yale classmate in 2016, Vance wondered if Trump could be "America's Hitler."
Persons: , JD Vance, Donald Trump, Vance, Sofia Nelson, Nelson, Michael Brown, I've, Luke Schroeder, Trump, Schroeder, Sofia, Trumper, MAGA, Kamala Harris, Trump's, Harris, JD Organizations: Service, Yale University, The New York Times, Senate, Times, Business, Trump, New York Times, Yale, Fox News Locations: Ohio, Detroit, Arkansas
one memo from the Harris campaign read. The Harris campaign has already sent out fundraising emails with the subject line, "What happened to: 'Any time, any place?'" Campaign experts who spoke with BI said that the attacks so far appear to be working but also recognized that voters are still seeing the early formations of Harris' campaign. AdvertisementBloomberg reported that Harris' campaign has narrowed her list to three names, citing sources familiar with the matter, to Arizona Sen. Mark Kelly, Pennsylvania Gov. A Harris campaign spokesperson did not immediately return a request for comment from Business Insider.
Persons: , Joe Biden, Kamala Harris, haven't, Evan Siegfried, Harris, Biden, Seigfried, Trump, Blunt, JD Vance, Trump's, rebutting Vance, Christian Grose, Grose, Siegfried, goading Trump, Costas Panagopoulos, Panagopoulos, Tim Hogan, Arizona Sen, Mark Kelly, Josh Shapiro, Tim Walz Organizations: Service, Democratic, Biden, Business, Republican, Trump, University of Southern, GOP, Northeastern University, Politico, BI, Bloomberg, Minnesota Gov Locations: Ohio, University of Southern California, Arizona, Pennsylvania
Read previewElon Musk's transgender daughter said the Tesla CEO was an absent father who frequently rebuked her for being queer and feminine as a child. Wilson, who has stayed out of the public eye until now, told NBC News that Musk's comments went too far. Wilson told NBC News the book — which described her as being a supporter of "radical Marxism" via a quote from Musk's sister-in-law — was inaccurate and unfair. Isaacson also referred to Wilson by her middle name, Jenna, in the book, Wilson said. The author told NBC News that he reached out to Wilson's family members in an effort to reach her.
Persons: , Elon, Tesla, Vivian Jenna Wilson, Musk, Wilson, Justine Musk, Jordan Peterson, misgendering, I'm, Elon Musk, Richard Bord, Walter Isaacson, Musk's, Isaacson, Jenna, Peterson Organizations: Service, NBC News, Business, Getty, NBC Locations: California
Read previewAn intrafamily battle that could have been pulled straight out of the page of Jesse Armstrong's "Succession" has been playing out behind the scenes for the future of Rupert Murdoch's vast media empire. Lachlan, who is sometimes seen as a parallel to Roman Roy, as Business Insider's Madeline Berg reported, would likely preserve the political leanings of the media empire once he takes over. AdvertisementMurdoch's decision to give Lachlan control of his media empire has left the patriarch estranged from his three eldest children, according to the Times. None of the three children attended Murdoch's wedding to Elena Zhukova in June at his California vineyard, according to the Times report. Elisabeth left the media empire years ago in 2000, while Prudence is said to be the least involved in the business.
Persons: , Jesse Armstrong's, Rupert Murdoch's, Rupert Murdoch, Lachlan Murdoch, Lachlan, — James, Elisabeth, Prudence —, Rupert, Roman Roy, Madeline Berg, James, Prudence, Murdoch, Elena Zhukova, Donald Trump Organizations: Service, Fox, News Corp, Fox News, Street Journal, The New, The New York Post, Business, The New York Times, Times, New Yorker Locations: The New York, Reno , Nevada, Nevada, California
For years, customers have griped about their portion sizes at the fast-food chain, and Chipotle has vigorously defended itself. "There have been no changes in our portion sizes, and we have reinforced proper portioning with our employees," Laurie Schalow, Chipotle's chief corporate affairs and food safety officer, told Business Insider. "Yes, you can have the same customization with a digital makeline, but you are more constrained in what you can do." technically the robot but i've seen the robot referenced broadly as a "digital makeline." The analyst added that robots could be a solution for digital orders, which Chipotle has said it plans to do.
Persons: , Chipotle, Laurie Schalow, Wells, Danilo Gargiulo, Gargiulo, Daniel Fukuba, we're, Fukuba, Brian Niccol's, Chipotle's, Niccol, Fortune, de gallo, Niccol didn't Organizations: Service, Business, BI Locations: AllianceBernstein, Chipotle, San Jose , California, pico
After Donald Trump's conviction, the former president's campaign said it raised $52.8M in 24 hours. Democrats zoomed past those numbers in about half a day after Joe Biden dropped out of the race. ActBlue, the Democrat's fundraising platform, raised well over $53 million since the announcement. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDemocrats just blew past one of Donald Trump's largest single-day fundraising numbers on Sunday after President Joe Biden's surprising withdrawal from the 2024 race.
Persons: Donald Trump's, Joe Biden, , Joe Biden's, Kamala Harris Organizations: Service, Democratic, Business
Biden drops out and the money comes rolling in
  + stars: | 2024-07-22 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +1 min
President Joe Biden withdrew from the 2024 race and endorsed his VP, Kamala Harris on Sunday. In 5 hours, ActBlue said it received more than $27.5 million in donations on its website. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident Joe Biden withdrew his 2024 candidacy on Sunday, endorsing his running mate Kamala Harris, and the donations have since poured in.
Persons: Joe Biden, Kamala Harris, ActBlue, Organizations: Sunday, Service, Business Locations: ActBlue
Read previewDuring a rally in Michigan on Saturday, Donald Trump had high praise for Elon Musk, calling the Tesla CEO a "great" and "brilliant guy." Musk came out with an endorsement of Trump on July 13, the day of the assassination attempt. "I read — I didn't even know this, he didn't even tell me about it, but he gives me $45 million a month," Trump said. Related storiesDuring the Saturday rally, Trump said he thinks electric cars are "incredible, but they're not for everybody." It will only help Tesla," Musk said on X on July 16.
Persons: , Donald Trump, Elon Musk, Musk, Trump, Elon, DJT, they're, Biden, Tesla Organizations: Service, Trump, Street, Business, Environmental Protection Agency, Twitter Locations: Michigan
Presenting herself as a center-left politician, Harris previously ran successful campaigns in California, winning statewide races for the San Francisco District Attorney's Office, the state attorney general, and the US Senate. AdvertisementHere's where she stands on major issues:AbortionHarris has supported abortion rights since her time in the Senate. ClimateHarris previously supported policies to combat climate change, including plans to transition the US to 100% renewable energy and a carbon tax. As vice president, Harris was tasked with handling the root causes of migration to the US from Central America. Harris re-affirmed her support for LGBTQ+ rights as vice president but has not provided specific policies.
Persons: , Kamala Harris, Joe Biden, Harris, Biden, Brett Kavanaugh, Roe, Wade, Climate Harris, She's, Donald Trump's, Sen, Bernie Sanders of, Harris waffled, Sanders, HuffPost, Alejandro Giammattei, Trump Organizations: Service, Democratic, San, San Francisco District Attorney's Office, Business, CNN, Biden, Marshall, Biden's Infrastructure Deal, Healthcare, Stat, Immigration, San Francisco DA, Senate Republicans, Republicans, GOP Locations: California, San Francisco District, Bernie Sanders of Vermont, Immigration, Central America, United States, Guatemalan, Israel, Gaza, Rafah
Advertisement"The donors that I'm in contact with are solidly behind Biden because we know Biden and Harris can defeat Trump," Ajay Bhutoria, the deputy national finance chair of Biden's National Finance Committee, told Business Insider. A spokesperson for the Biden campaign declined to comment on this story, and a Democratic National Committee spokesperson did not respond to a request for comment. Two wealthy donors told BI that they've lost faith in the Biden campaign just in the past month and that a new, younger Democratic nominee is needed to energize the base. But on Wednesday, the donor told BI that their thinking, along with other donors they have spoken to, has changed. Wasn't just the debate but everything since," the donor told BI in a text message on Wednesday.
Persons: , Joe Biden, Reed Hastings, Gideon Stein, Biden, aren't, Harris, Donald Trump, Trump, Ajay Bhutoria, Lauren Hitt, Jeffrey Gural, Joe, Gural, Wasn't, Pres Biden, Bill Harris, Kamala Harris, Sen, Cory Booker of, Dem, that's, Amy Goldman Fowler, Peter Lowry, Lloyd Austin, Bhutoria, he's, Biden's Organizations: Service, Netflix, Business, Democratic, Biden, Biden's National Finance Committee, Democratic National, Fund, New York Times, Times, PayPal, Washington Post, MSNBC, The Times, Capitol, House, CNN, Senate Locations: Cory Booker of New Jersey
Read previewDonald Trump's former White House physician said the former president was injured by a bullet in the assassination attempt and that the projectile came close to entering his head. According to a statement posted on X by Ronny Jackson, a former White House physician and now a Texas congressman, a bullet came less than a "quarter of an inch" from entering Trump's head. "The bullet passed, coming less than a quarter of an inch from entering his head, and struck the top of his right ear," Jackson said in the statement. AdvertisementImages from photojournalists showed blood appearing to come from Trump's right ear. Jackson served as the White House physician for former President Barack Obama and the first half of the Trump administration.
Persons: , Donald Trump's, Ronny Jackson, Jackson, Thomas Matthew Crooks, Doug Mills, Trump, Sanjay Gupta, Barack Obama Organizations: Service, White, White House, Business, Trump, New York Times, Times, Morning News, Navy Locations: Texas, Trump's, Pennsylvania, Virginia, Florida
Schumer's spokesperson told the Journal that many have approached the senator about their ideas but he has not acted upon any of them. Related storiesFour unnamed sources close to Biden told The New York Times that the president has started to accept the idea of his waning electoral chances. AdvertisementMeanwhile, a source close to Biden told CNN that the president remains unconvinced about dropping out. White House spokesperson Andrew Bates declined to comment and referred BI's inquiry to the Biden campaign. He's running for reelection, and that will not change until he wins reelection," TJ Ducklo, a Biden campaign spokesperson, said in a statement to BI.
Persons: , Nancy Pelosi, Joe Biden, Biden, Donald Trump, Pelosi, Chuck Schumer, Kamala Harris, Andrew Bates, TJ Ducklo Organizations: Service, Democratic, Business, Democrats, Washington Post, Wall Street, Bloomberg, Trump, New York Times, Times, CNN, Biden Locations: United States
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