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☆ Mark Zuckerberg has brilliantly cornered us
▼ + stars: | 2024-08-01 | by ( Lloyd Lee | Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

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

☆ Microsoft's timeline for its massive AI bet is testing everyone's patience
▼ + stars: | 2024-07-31 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +1 min

Investors want to know when Big Tech's huge investments in AI will generate returns. 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 . From Silicon Valley to the Evergreen State, leaders of the world's most powerful companies have been busy spinning a tale that the technology will one day deliver a generational payday big enough to make their investment blitz worthwhile. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Evergreen State, Business Locations: Silicon

☆ StanChart earnings in line with general banking sector trends across the globe, investment firm says
▼ + stars: | 2024-07-30 | 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 EmailStanChart earnings in line with general banking sector trends across the globe, investment firm saysFaisal Hasan, CIO and head of asset management at Al Mal Capital, discusses the bank's financial results.

Persons: Faisal Hasan, Al Mal Capital Organizations: Al

☆ Israel tried to kill a top Hezbollah commander in Beirut who has a $5 million US bounty on his head
▼ + stars: | 2024-07-30 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewIsrael said it conducted a strike in Beirut on Tuesday targeting a Hezbollah commander who it deemed responsible for a deadly rocket attack in the Israeli-controlled Golan Heights over the weekend. Israel and the US blamed Iran-backed Hezbollah for a rocket attack that killed 12 children and teenagers in Majdal Shams, a town located in the Israeli-controlled Golan Heights on Saturday. Damaged vehicles are seen after an Israeli strike on Beirut's southern suburbs on July 30, 2024 in this screen grab from a video. It marked the second time the IDF has targeted Beirut since October 7. John Kirby, a White House spokesperson, said on Monday that Israel has "every right to respond" to Saturday's attack in Majdal Shams but downplayed concerns about an all-out conflict.

Persons: —, Israel, Fuad Shukr, Hasan Nasrallah, Majdal Shams, Ahmed Al, Yoav Gallant, REUTERS Shukr, It's, John Kirby Organizations: Service, Business, IDF, REUTERS, Front Command, Israeli, Hezbollah's Jihad, Justice, Reuters, US Marine Corps, The State Department Locations: Beirut, Golan, Majdal, Israel, Iran, Majdal Shams, Lebanon, Hezbollah's

☆ Big Tech is preparing to report its earnings. The results could make or break the AI rally.
▼ + stars: | 2024-07-29 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewFor a while now, AI stocks have seemingly had the ability to defy gravity. This week, tech companies central to the generative AI boom, including Amazon, Apple, Microsoft, and Meta, report earnings at a time when the market rally they've helped drive teeters on the brink of a correction. If its Big Tech peers also struggle to tell investors that AI isn't just sucking up cash, we might see the AI rally lose some steam. AI hype faces a major testThe rationale behind why AI stocks have been able to defy gravity is pretty simple. Since March, gains in the S&P 500 have been driven by chip firms like Nvidia and the so-called "Fab Five" AI Big Tech stocks, including Alphabet, Amazon, Apple, Microsoft, and Meta.

Persons: —, they've, robotaxis, Sundar Pichai, Jensen Huang, Tim Cook, Meta's Mark Zuckerberg, Satya Nadella, OpenAI, Dan Ives Organizations: Service, Apple, Microsoft, Meta, Nasdaq, Tesla, Google, Business, Big Tech, Apple Intelligence, Nvidia Locations: Silicon

☆ At least 30 dead in Gaza school airstrike; Israel says targeted militants
▼ + stars: | 2024-07-28 | by ( ) www.cnbc.com time to read: +2 min

At least 30 Palestinians were killed in an Israeli airstrike on a school housing displaced people in Gaza on Saturday, Palestinian health officials said, an attack that Israel said targeted militants who were using the compound. Israel's military said it had targeted militants operating there and that it had taken steps to reduce the risk to civilians. The people sheltering in Khadija school are all wounded people, they are innocent and this should not happen to them," she said. Israel says Hamas uses Gaza's civilians as human shields by operating within densely populated areas, humanitarian zones, schools and hospitals, which Hamas denies. "Hamas terrorists used the (school) compound as a hiding place to direct and plan numerous attacks against IDF troops and the State of Israel.

Persons: Israel, Um Hasan Ali, Ibtihal Ahmed Organizations: Hamas, Aqsa, Reuters Locations: Israel, Nuseirat, Gaza, Deir Al, Al, Egypt

☆ America's 7-Eleven stores are about to get a Japanese makeover
▼ + stars: | 2024-07-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

AdvertisementThese convenience stores also double up as pit stops that live up to their name by offering customers access to ATMs and printers, as well as other services like bill payments and buying concert tickets. That said, Americans who want to enjoy some of the Japanese 7-Eleven magic closer to home won't have to wait much longer. America's 7-Elevens get a Japanese makeoverThe stores in the US will soon get a fresher variety of food similar to their Japanese counterparts. Related storiesAs Isaka told Bloomberg in February, that strategy is now all about getting "fresh food" on shelves. That process is being helped by Warabeya Nichiyo, a key food supplier for 7-Eleven Japan, as it looks to build its third plant in the US, costing $81.5 million.

Persons: —, Lawson —, Elevens, Ryuichi Isaka —, Isaka, Warabeya Nichiyo, she'd Organizations: Service, Business, YouTube, Holdings, Speedway, Bloomberg, Street Journal Locations: Haneda, Narita, North America, Tokyo's Asakusa, Dallas, American, Tokyo, Japan, Orange County , California

☆ The AI hype train is still running at full tilt — just don't ask where the profits are
▼ + stars: | 2024-07-25 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

pic.twitter.com/0licQGfphn — Mustafa Suleyman (@mustafasuleyman) October 20, 2023Expectations for the AI boom to generate serious money are absurdly high, then, which helps explain why the hype train for the technology is still running at full tilt. AdvertisementThat was probably hard for investors to hear given AI has pushed Google to spend more. Similar questions around the gap between returns and hype have shown themselves this week in startup land, too. Toronto-based AI startup Cohere, founded by ex-Googlers in 2019, announced a fresh funding round of $500 million on Monday, putting its valuation at about $5.5 billion. Last year, veteran venture capitalist Vinod Khosla suggested most startups were overvalued and that most investments in AI "will lose money."

Persons: —, Mustafa Suleyman, — Mustafa Suleyman, Sundar Pichai, Philipp Schindler, Katherine Tangalakis, Lippert, Pichai, Cohere, It's, Harvey —, Winston Weinberg, Gabriel Pereyra —, Harvey, Vinod Khosla Organizations: Service, Business, Google, Microsoft, BI, Google Ventures Locations: California, Toronto, Cohere

☆ Gen X is in charge now and boomers are being shown the door
▼ + stars: | 2024-07-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Harris is 59 and was born October 20, 1964 — putting her just weeks outside the Gen X range which is generally thought to span 1965 to the early 1980s. His successor has not been confirmed, but one name being floated is his Gen X lieutenant Stephanie Pope. Could the House of Mouse soon have its first Gen X leader? The picture is not completely clear on how Gen X bosses differ from their predecessors on issues such as remote work and the role of AI in the workplace. AdvertisementIt won't be long, though, until Gen X has a majority grip over power.

Persons: —, Gen, Joe Biden's, Kamala Harris, Harris, Xer —, XCX, Joe Biden, Justin Sullivan, boomer Barack Obama, Donald Trump, Sen, JD Vance, Bush, Clinton, Biden, Obama, John McCain, Mitt Romney, HSBC's, Noel Quinn, Georges Elhedery, Xer, David Calhoun, Stephanie Pope, Dave Calhoun, Aaron Schwartz, Gen X, Ron Vachris, Craig Jelinek, Macy's, Tony Spring, Xers, Jamie Dimon, David Solomon, Goldman Sachs, Bob Iger, boomer Bob Chapek, Iger, Brendan McDermid, Tim Cook, Steve Jobs, Jensen Huang, Dimon, Jenn Piepszak, Troy Rohrbaugh, X'ers, JPMorgan Chase, Alex Brandon, Mouse, We'll Organizations: Service, Democratic Party, Business, Democratic, Trump, Boeing, Gen, Gen X Costco, Microsoft, Google, Walmart, Tesla, ExxonMobil, JPMorgan, Blackstone, septuagenarians, Disney, Apple Locations: BlackRock, Silicon Valley, America

☆ Twitter's not back. But it's not going anywhere, either. Ask Ezra Klein.
▼ + stars: | 2024-07-22 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

But Biden, like a lot of social media users, is a promiscuous poster: The same message went out on Threads and Instagram. Confirmed debate wasn't a… — Ezra Klein (@ezraklein) July 18, 2024Again: Klein has a column and a popular podcast at The New York Times, with all of the reach and clout that entails. I don't think it's good for the way I think most of the time. I don't think that's what Musk thought he was buying two years ago, and I don't feel great about using it myself. But I don't think it's going anywhere.

Persons: Musk, That's, Hasan Chowdhury, Joe Biden, Biden, Ezra Klein, podcaster, —, Senate Dems, Klein, I'd, I'm Organizations: Service, Business, The New York Times, Vox Media, Twitter, Dems, Senate, CNN Locations: United States, @ezraklein

☆ Olympians Are Getting Loads and Loads of Gear
▼ + stars: | 2024-07-22 | by ( Sadiba Hasan | ) www.nytimes.com time to read: 1 min

In three separate TikTok posts, Evy Leibfarth, a canoeist competing in the 2024 Paris Olympics for Team U.S.A., unboxed several duffel bags and suitcases she had received from brand sponsors. First was a huge rolling duffel bag from Nike, which included a podium uniform and an assortment of sweatpants, slides, sneakers, backpacks and other apparel. Then there was a suitcase from Ralph Lauren, the official outfitter of Team U.S.A. for the Olympic and Paralympic Games, containing water bottles, Polo T-shirts, preppy dresses, quarter zips, crew neck sweatshirts, jackets and hats. And finally, a duffle bag from Skims, replete with form-fitting tank tops, bodysuits, T-shirts, bathing suits and a bathrobe.

Persons: Evy, Ralph Lauren Organizations: Team U.S.A, Nike, Olympic, Paralympic Games

☆ Joe Biden's bombshell revives Elon Musk's ambitions to make X the world's digital town square
▼ + stars: | 2024-07-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

That's right: Biden used X to tell the world he was pulling out of the presidential race. Related storiesThis has all helped build X's case as the internet's digital town square. Spam and abuseThat said, there have been several signs in the months prior suggesting that it is hardly fit to be a digital town square. Pavliuc also notes that X's leaders have struggled to present the app as a "digital town square" that's fair for all. "It's important to think about comparing it to a physical town square where if you scream misogynistic or racist slurs at someone, would that be OK?

Persons: —, Elon, Donald Trump, Joe Biden, That's, Biden, Alex Brandon, Mike Stewart, Linda Yaccarino, Yaccarino, Joseph Teasdale, Alexa Pavliuc, Teasdale, Pavliuc, Onur Dogman, Kamala Harris, Musk, who's Organizations: Service, White, Business, Trump, Twitter, Analysis, Oxford Internet Institute, Democrats Locations: Israel, Gaza

☆ How one IT update gone wrong has sparked chaos around the world
▼ + stars: | 2024-07-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewIf the world needed a wake-up call on just how fragile its IT systems are, it just got one: a small update gone wrong appears to be the culprit for a total global meltdown. CEO George Kurtz said on X the issue was caused by a "defect found in a single content update for Windows" with a fix now deployed. CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. AdvertisementBug checkAccording to Microsoft's Azure status page , it's a particular issue with Crowdstrike's "Falcon agent" that was affecting systems. In other words, the agent meant to detect bugs is getting checked to see if it's a bug itself — and causing problems as a result.

Persons: —, Morgan, George Kurtz, — George Kurtz, Crowdstrike, Dan Coatsworth, AJ Bell, Omer Grossman, Grossman, Brody Nisbet Organizations: Service, Business, Bloomberg, Computers, Woolworths, Microsoft, CrowdStrike, Windows, Linux, Democratic National Committee, Sony Pictures Locations: Japan, Australia, Switzerland, Singapore, Britain, Austin

☆ Adidas apologizes for ad campaign linked to 1972 Munich Olympics
▼ + stars: | 2024-07-19 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —Adidas has apologized for “any upset or distress caused,” after releasing an ad campaign for some retro sneakers based on a model first released during the 1972 Munich Olympics. Adidas then seemingly deleted any social media posts featuring her after criticism from Jewish groups and Israel. However, journalist Mehdi Hasan took issue with this line of criticism against Adidas and Hadid. “Bella Hadid has absolutely nothing in common with the 1972 terrorists – other than the fact that she is Palestinian,” Hasan posted on X. The Adidas controversy comes a week before the opening ceremony for the Paris Olympics.

Persons: Bella Hadid, Hadid, Kirstin Sinclair, Hadid hasn’t, – uncaptioned, ”, Mohamed Hadid, “, Jonathan Greenblatt, –, Mehdi Hasan, “ Bella Hadid, ” Hasan Organizations: CNN, Adidas, Israel, Getty, Adidas ’, enclave’s Ministry of Health, American Jewish Committee, Defamation, Hadid, Paris Olympics Locations: Munich, Palestinian, American, Gaza, Israel

☆ The new phase of the US-China tech war risks a whole lot of collateral damage
▼ + stars: | 2024-07-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Although the company doesn't sell its high-tech lithography machines to China, it does sell a whole lot of other products to Chinese companies. ReutersIt's unclear then if Biden's planned measures would cause more damage to China or ASML. Of course, this is the main piece of ASML tech that Washington wouldn't want China to have access to. Curbing China's access to Western tech is key if the US is serious about holding onto its technology leadership.

Persons: —, Biden, ASML, Biden's, Xi Jinping, Mark Rutte, Wang Gang, Donald Trump, Trump, JD Vance, It'll Organizations: Service, Bloomberg, Business, Reuters, Washington, Huawei, Nvidia Locations: US, China, Tokyo, Eindhoven, The Netherlands, Dutch, Beijing, Taiwan, America, TSMC, Arizona

AdvertisementThe Thiel effectFor Vance, Thiel's influence first left its mark when he was still a student. Thiel also got a shoutout on the acknowledgments page of Vance's 2016 book, "Hillbilly Elegy." The former PayPal CEO has given $15 million to Vance's campaign, Politico reported — the largest donation ever given to one Senate candidate. AdvertisementOne of Trump's biggest donors in the 2016 presidential campaign, Thiel has re-emerged as a key player in the MAGA movement after largely sitting out the 2020 election. Thiel also appears to have pulled some of his Silicon Valley strings to advance Vance's campaign.

Persons: —, JD Vance, Peter Thiel, Vance, Donald Trump, Thiel, Palantir, Elon Musk, Thiel's, meaninglessness, Tolkien, Steve Case, Trumper, Win McNamee, MAGA, Trump, David Sacks, Musk, Sacks, Tucker Carlson, Nordin Catic, Mark Zuckerberg Organizations: Service, Republican National Convention, Republican, White, Business, PayPal, Trump, Bloomberg, Yale, Yale Law School, Thiel's, Mithril, Narya, Politico, Republican Party, Fox News, Cambridge University Union, Facebook, Palantir Technologies, Spotify Locations: Milwaukee, Ohio, Mithril, Mar, Cambridge, England, Airbnb

☆ Why Google is ready to risk a DC battle to land a potential $23 billion deal
▼ + stars: | 2024-07-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The deal could be worth as much as $23 billion — and would mark an extraordinary moment for Wiz. Wiz, which was valued at $12 billion after announcing a $1 billion fundraising in May, puts "cloud security" front and center. Thomas Kurian is CEO of Google Cloud. Analysts at Wedbush including Dan Ives said in a research note that a Wiz deal "would clearly bolster the Google cloud offering and value proposition to enterprises."

Persons: —, Morgan Stanley, Blackstone, Assaf Rappaport, Harry Murphy, That's, Thomas Kurian, Dan Ives, Sen, Richard Blumenthal Organizations: Service, Street Journal, Israeli military's Unit, Business, Wiz, Google, Amazon, Microsoft, FTC, Big Tech Locations: New York

☆ Bollywood Stars, Former Prime Ministers and the Kardashians Attend the Ambani Wedding
▼ + stars: | 2024-07-13 | by ( Sadiba Hasan | ) www.nytimes.com time to read: +1 min

On Friday afternoon, Sneh Zala, 24, waited for celebrities to arrive on the red carpet for the wedding of Anant Ambani, the youngest son of India’s richest man, and Radhika Merchant, a daughter of a fellow business tycoon. The red carpet was set up in a room adorned with lanterns and red and orange garlands and floral arrangements. It’s not every day that Kim and Khloé Kardashian, John Cena and Boris Johnson gather in Mumbai for an Indian wedding. Mr. Zala was one of about 100 media members clamoring next to the red carpet, not a common addition at most weddings. But given the sheer amount of celebrities present, including Bollywood superstars, several members of the Indian cricket team, former prime ministers and billionaire businessmen, and the fabulous Indian clothes on display, a runway seemed in order.

Persons: Sneh, Anant Ambani, Radhika Merchant, Manav Manglani, It’s, Kim, Khloé Kardashian, John Cena, Boris Johnson, Zala, clamoring Organizations: Indian cricket Locations: Sneh Zala, Zala, Mumbai

☆ Apple seems super confident that AI will make you want to buy a new iPhone
▼ + stars: | 2024-07-11 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewIt seems Apple is quietly confident about the power of AI to sell iPhones. Apple's AI ambitions face challengesFor one, Apple's sagging iPhone sales have been no short-term blip. Related storiesIn its last full financial year, iPhone sales were down to $200 billion from $205 billion the previous year. It means Apple will need its AI offering to be strong enough to change consumer behaviour. AdvertisementThe bigger question looming over Apple is whether users care about AI enough to shell out for upgrade.

Persons: —, Tim Cook, Apple, EMMANUEL DUNAND, Apple's, it's, OpenAI Organizations: Service, Bloomberg, Apple Intelligence, Business, Apple, Samsung, Worldwide Developers, Google, South, Galaxy Locations: China

☆ Apple wants to put AI in your pocket — but Samsung is putting it on your finger
▼ + stars: | 2024-07-10 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +1 min

Samsung has decided to put AI into a ring. The Korean company just revealed the Galaxy Ring, a wearable designed to track health biomarkers with AI. AdvertisementApple wants to put artificial intelligence in your pocket or on your desk — but Samsung wants to put it on your finger. On Wednesday, the South Korean company officially unveiled the Galaxy Ring, a wearable piece of smart jewelry it first teased in January. While the titanium ring's black, silver, and gold models look deceptively simple, they represent Samsung's latest hardware to boast Galaxy AI, its bold alternative to the AI-led Apple Intelligence platform announced in June.

Persons: — Organizations: Apple, Samsung, Service, South Korean, Galaxy, Apple Intelligence, Business

☆ America must love Little Tech too if it wants to stay on top, say Marc Andreessen and Ben Horowitz
▼ + stars: | 2024-07-08 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +1 min

Marc Andreessen and Ben Horowitz would like to think startups can play a key role in that process. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMarc Andreessen and Ben Horowitz have been fretting about 21st-century America. Simply, the agenda is about "Little Tech" startups, as opposed to Big Tech companies such as Apple, Google, and Meta. The opportunities that Little Tech presents — and the threats it faces — must be fully understood if America wants to stay on top, the investors argue.

Persons: Marc Andreessen, Ben Horowitz, —, A16z Organizations: Service, Tech, Big Tech, Apple, Google, Meta, Little Tech, Business

☆ Samsung really wants to outsmart Apple in the Galaxy-iPhone battle
▼ + stars: | 2024-07-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

From the city of Suwon, Samsung — the family-led titan of Korean industry — has been the world's top smartphone seller, beating Apple. Last month, Apple unveiled Apple Intelligence, a vision of generative AI that will give its devices a total refresh. In doing so, Apple hopes to inspire consumers to upgrade their iPhones so they can access its suite of AI features. (Only newer models like the iPhone 15 Pro and upcoming iPhone 16 line-up will offer Apple Intelligence). It debuted Galaxy AI, its first take on generative AI features for its devices, at the January launch of its flagship Galaxy S24 range.

Persons: —, Lee Jae, Park, Lee, Siri Organizations: Service, Samsung, Apple, Business, IDC, Samsung Electronics, Bloomberg, South, Apple Intelligence, AI, Samsung Galaxy, Google Locations: South, Suwon, Paris, China

☆ Japan is bracing for rage against the vending machine
▼ + stars: | 2024-07-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Hole-in-the-wall izakayas (traditional bars), ryokan (traditional inns), and Shinto shrines often accept cash only. STR/Getty ImagesTake Japan's millions of vending machines. The Japan Vending Machine Manufacturers Association recently said that almost 80% of the country's machines would need upgrades to accept the new notes, per comments reported by Reuters. Vending machines are a common sight in Japan. If they're stopping by a vending machine there anytime soon, they may want to check first if their bills will work.

Persons: —, Omotesando, Bank of Japan — Organizations: Service, Business, Kansai region's, Japan Vending Machine Manufacturers Association, Reuters, Bank of Japan Locations: Japan, Ginza, Tokyo, Kansai, Kansai region's Osaka

☆ Apple and Microsoft seem to be playing very different games with their OpenAI deals
▼ + stars: | 2024-07-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

In the 1990s, Apple watched as Bill Gates took Windows global, giving Microsoft absolute dominance over the nascent PC market. Apple's OpenAI dealWhen Apple revealed a partnership with OpenAI at its Worldwide Developers Conference (WWDC) in June, questions swirled about the terms of the long-rumored tie-up. AdvertisementApple's new suite of AI features revealed at WWDC, dubbed Apple Intelligence, hardly relies on OpenAI's technology. ChatGPT is more of an add-on that Apple users can choose to give, or refuse, permission to respond to queries. The success of Apple's OpenAI tie-up could come down to how many people are willing to buy new iPhones.

Persons: —, Apple, Bill Gates, Steve Ballmer, Steve Jobs, Gates, Phil Schiller, Sam Altman's, Apple's, Apple isn't, OpenAI, Satya Nadella, Nadella, Yann LeCun, it's Organizations: Service, Microsoft, Business, Bloomberg, Apple, Big Tech, OpenAI, Worldwide Developers, Google . Apple Intelligence, Google, Apple Intelligence Locations: OpenAI

☆ Meet CriticGPT, OpenAI's new fix for ChatGPT's biggest coding blunders
▼ + stars: | 2024-07-01 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Yet it's also given developers reason to be dubious: code produced by ChatGPT is often full of mistakes. 'Fewer hallucinated bugs'To begin, OpenAI is limiting CriticGPT's access to AI trainers. OpenAI has acknowledged that the more advanced its AI models become, the harder it can be for AI trainers "to spot inaccuracies when they do occur." AI models are also still susceptible to hallucinations that can be missed by AI trainers, OpenAI said. CriticGPT clearly has a long way to go, but shows that OpenAI is at least trying to tackle the problem.

Persons: —, chatbot, it's, ChatGPT, OpenAI, CriticGPT, Jan Leike, e6CiXXoCeG, EJ6OSfUN9p — Jan Leike, Sam Altman's Organizations: Service, Business, Purdue University Locations: CriticGPT

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