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☆ Martin Greenfield, tailor for US presidents and survivor of the Holocaust, dies at 95
▼ + stars: | 2024-03-23 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +5 min

CNN —Martin Greenfield, a tailor who dressed six US presidents, countless A-list actors and professional athletes, died on March 20 at the age of 95, according to his sons Jay, Tod and David Greenfield. Dubbed by GQ and other media outlets as “America’s greatest living tailor,” Greenfield founded the longstanding menswear shop Martin Greenfield Clothiers in Brooklyn in 1977 after 30 years of working in a clothing factory. “God has a wonderful sense of humor.”In 1947, he immigrated to the US and changed his name to Martin Greenfield to sound more American. “In fact, virtually every suit he’s worn since February 2011 has been one of ours,” Greenfield wrote. Niko Tavernise/Warner Bros. EntertainmentAfter Greenfield retired, his sons Jay and Tod took over the family business, according to the Martin Greenfield Clothiers’ website.

Persons: CNN — Martin Greenfield, Jay, Tod, David Greenfield, ” Greenfield, Martin Greenfield Clothiers, Frank Sinatra, Martin Scorsese, Leonardo DiCaprio, LeBron James, Greenfield, “, ”, Bazmark, Shutterstock Greenfield, Maximilian Grünfeld, — Greenfield, ’, Martin Greenfield, Eisenhower, Gerald Ford, Bill Clinton, Donald Trump, Joe Biden, Obama, Barack Obama, Evan Vucci, didn’t, “ Martin Greenfield, Martin, Sinatra, Denzel Washington, Joaquin Phoenix, Niko Tavernise Organizations: CNN, GQ, Warner Bros, Auschwitz Survivor, Big, White, Denzel, HBO, Entertainment Locations: Brooklyn, Pavlovo, Czechoslovakia, Ukraine, Auschwitz, Greenfield, Hollywood

☆ These 5 portfolio stocks outran the market in Wall Street's strong week. Here's what fueled their gains
▼ + stars: | 2024-03-23 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

AVGO YTD mountain Broadcom (AVGO) year-to-date performance Shares of Broadcom jumped 9.55% this week, occupying the top spot among portfolio stocks. Broadcom stock jumped 3% Wednesday, as investors digested its event. FL YTD mountain Foot Locker (FL) year-to-date performance Foot Locker was the week's second-best performer, advancing 8.5% over the past five sessions. SWK YTD mountain Stanley Black & Decker (SWK) year-to-date performance Stanley Black & Decker stock advanced 7.41% this week, grabbing the No. F YTD mountain Ford Motor (F) year-to-date performance Shares of Ford Motor rose 7.05% this week, rounding out the list at No.

Persons: Cowen, Jim Cramer, Locker, Jim, Decker, Stanley Black, Jensen Huang, Jim Cramer's, Hock Tan, Broadcom Lucas Jackson Organizations: Wall, Broadcom, Wall Street, Google, JPMorgan, Citigroup, Nvidia, GTC, Ford, U.S, Management, CNBC

☆ Want to play red hot gold prices? Buy these 3 stocks, says top hedge fund manager
▼ + stars: | 2024-03-22 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Analysts are expecting gold prices to have even more upside from here . There is a common belief that gold prices tend to rise when interest rates fall, with bonds becoming less attractive as they no longer deliver attractive yields. Stock picks Want to play the gold theme via gold miners? Even in this environment, not all gold stocks are equal – with some big miners underperforming despite the record gold price, according to Neuhauser. A third stock he named is Canada-listed Wesdome Gold Mines , which he says fits his overall criteria for gold miners.

Persons: David Neuhauser, Neuhauser, there's, Joe Biden's, Newmont, they'll Organizations: U.S . Federal Reserve, CNBC Pro, Fed, Livermore Partners, U.S, U.S ., Stock, Barrick Gold, Mining, Mines Locations: Ukraine, Gaza, U.S, Canada, OECD

☆ 'Hong Kong is China's Hong Kong': Beijing hits back at U.S. for 'slandering' city's new security law
▼ + stars: | 2024-03-21 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

The flags of China and Hong Kong displayed in rows. China's embassy hit back against U.S. criticism of Hong Kong's new national security law on Thursday, saying the U.S. should "respect China's sovereignty." Hong Kong lawmakers passed a new national security law on Tuesday which critics say grants the government more power to quash dissent. "Hong Kong is China's Hong Kong. Hong Kong affairs are purely China's internal affairs, which no country is in the position to point fingers at or interfere in," a spokesperson said on Wednesday.

Persons: Hong, Hong Kong's, Vedant Patel, John Lee, Wang Yi, — CNBC's Evelyn Cheng, Clement Tan Organizations: U.S . State Department, Kong's Legislative, China's, Beijing, China - Locations: China, Hong Kong, U.S, China's, Hong Kong . Hong Kong, Kong's, China - U.S

☆ Reddit's co-founder is bickering with investors on the company's big IPO day
▼ + stars: | 2024-03-21 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

But Reddit's co-founder took to X to call out a perceived slight by investor Initialized Capital. But it's not all sunshine and roses for Reddit, whose co-founder and early investors are bickering on social media. Alexis Ohanian called out Initialized Capital investors on X after the firm's social media account failed to congratulate him by name on Reddit's IPO. Garry Tan tweeted a congrtulations to both Alexis Ohanian an Steve Huffman on Reddit's IPO. Ohanian, Tan, and representatives for Initialized Capital did not immediately respond to requests for comment.

Persons: Reddit, Reddit's, —, it's, Alexis Ohanian, Steve Huffman, Y, Garry Tan —, Ohanian, Tan, Brett Gibson, Jen Wolf, @jenhwolf, George Floyd's, Michael Seibel, Tan's, confidentially, Instacart, Huffman, Garry Tan, Garry Organizations: Service, Twitter, VC, NYSE, New York Stock Exchange

Learn moreAmazon's Prime Day-style event called the "Big Spring Sale" is still on until March 25. Below is our style editors' guide to the 30 best Amazon clothing and shoe deals to score during the Big Spring Sale. AdvertisementTop 5 Amazon Spring Sale fashion dealsThe best Amazon Spring Sale deals on shoes and accessoriesThe Drop Square Toe Two-Strap High Heeled Sandal $32.94 $54.90 Save 40% Reviewers say that these are incredibly comfortable — and they have 4.2 stars and nearly ten thousand reviews to prove it. Shop at AmazonAdvertisementThe best Amazon Spring Sale deals on clothingPumiey Square Neck Long Sleeve Maxi Dress $31.44 $56.99 Save 45% This dress is a great dupe for the Skims dress that you've probably seen all over the internet. These compression short-shorts are on sale for half off and are great for lounging, exercise, or wearing under a mini skirt.

Persons: Calvin Klein, Steve Madden, Ava Riley, They've, Calvin Klein Women's, Calvin Klein unlined bralette, Britt, here's Organizations: Business, Amazon, Women, Adidas

☆ 'Mr Yen' says Japan could intervene if yen falls to 155
▼ + stars: | 2024-03-20 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: 1 min

Japanese authorities may intervene if the yen sinks to 155 to 160 against the dollar, according to a former top foreign exchange official Eisuke Sakakibara. The Bank of Japan's decision on Tuesday to exit the world's last remaining negative rates regime sparked a sell-off in the Japanese currency as Governor Kazuo Ueda reiterated monetary conditions will stay loose for the time being — given the fragile recovery in the Japanese economy. He also didn't commit to a terminal rate level. On Wednesday, ahead of the U.S. Federal Reserve's interest rate decision later in the day, the yen touched its weakest in four months against the dollar, falling to around 151 and tumbling against the euro to its lowest since 2008.

Persons: Kazuo Ueda Organizations: U.S Locations: U.S . Federal

☆ Sam Bankman-Fried's lawyers say prosecutors are treating their client like a 'depraved super-villain' with 'dark and megalomaniacal motives'
▼ + stars: | 2024-03-20 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried's lawyers slammed the 40 to 50-year prison sentence prosecutors recommended. Bankman-Fried's lawyers accused prosecutors of casting him as a "depraved super-villain." AdvertisementLawyers for Sam Bankman-Fried are pushing back against the 40 to 50-year prison sentence prosecutors have recommended for their client. "It adopts a medieval view of punishment to reach what amounts to a death-in-prison sentencing recommendation," Bankman-Fried's lawyers wrote. Related storiesThis isn't the first time Bankman-Fried's lawyers have pleaded for leniency.

Persons: Sam Bankman, —, Lewis Kaplan, Fried, Marc Mukasey, Mukasey, they've, Barbara Fried, Kaplan Organizations: Service, Bankman Locations: Delaware

☆ Sam Altman says he could do with more collaboration and less of Elon Musk tweeting a silver medal at Jeff Bezos to flex his wealth
▼ + stars: | 2024-03-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Sam Altman says collaborating with others isn't something Elon Musk is "most known for." Altman cited Musk's past behavior, when he'd dethroned Jeff Bezos as the world's richest person. Musk sent a silver medal emoji to Bezos via an X post in September 2021. AdvertisementSam Altman didn't like it when Elon Musk made fun of Jeff Bezos after surpassing Bezos as the world's richest person in 2021. But Altman raised a counterpoint that for Musk, collaborating with others is "not really the thing he's most known for."

Persons: Sam Altman, Elon, Altman, he'd, Jeff Bezos, Musk, —, Elon Musk, Lex Fridman Organizations: Service, Bezos Locations: Bezos

☆ A glimpse into Sam Altman's 2-hour-long bid to look like the saner, less chaotic foil to Elon Musk
▼ + stars: | 2024-03-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Read previewSam Altman is warring with Elon Musk. Musk told Lemon he takes a small amount of ketamine "once every other week" and that he uses the drug "when my brain chemistry sometimes goes super negative." Related stories"So from investors' standpoint, if there is something I'm taking, I should keep taking it," Musk told Lemon. The billionaire told Lemon that he thinks people shouldn't make racism "a constant subject" and that they should "move on" from the topic altogether. "You're upsetting me because the way you phrase your questions is not cogent," Musk told Lemon.

Persons: —, Sam Altman, Elon Musk, Lex Fridman, Altman, OpenAI's ChatGPT, Elon, Fridman, Don Lemon, Lemon, Musk, Donald Trump, bLRae4DhyO, Brad Stone, Anna Makanju, Stone, " Altman, They're, OpenAI, Musk's Organizations: Service, Google, Business, CNN, Elon, Tesla, OpenAI, Microsoft, Business Insider Locations: Davos, Elon

☆ Beijing says Evergrande and its tycoon founder committed a $78 billion fraud. That would rank it as one of the biggest financial frauds ever.
▼ + stars: | 2024-03-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Beijing has accused Evergrande of inflating revenue by $78 billion in 2019 and 2020. Regulatory authorities have fined Evergrande's founder and banned him from the securities market for life. NEW LOOK 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 . AdvertisementIt just seems to get worse and worse for fallen Chinese real-estate giant Evergrande.

Persons: —, it's, Hengda, Hui Ka Yan, Xu Jiayin Organizations: Service, China Securities Regulatory Commission, Business Locations: Beijing, China —

☆ Putin wasted no time buttering up China after his election victory
▼ + stars: | 2024-03-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Russian President Vladimir Putin praised China and touted Beijing-Moscow ties right after his election victory. Russia is increasingly turning towards China as an alternative market for its sanctions-hit economy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFresh out of a carefully engineered presidential election victory on Monday, Russian President Vladimir Putin wasted no time getting on Beijing's good side. This story is available exclusively to Business Insider subscribers.

Persons: Vladimir Putin, —, Putin Organizations: Service, TASS, Business Locations: China, Beijing, Moscow, Russia, Russian

☆ Bank of Japan hikes rates for the first time in 17 years in a historic shift, abolishes yield curve control
▼ + stars: | 2024-03-19 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +2 min

Japan's central bank raised interest rates on Tuesday for the first time since 2007, ending the world's last negative rates regime on early signs of robust wage gains this year. The BOJ raised its short-term interest rates to around 0% to 0.1% from -0.1%, according to its statement at the end of its two-day March policy meeting. Japan's negative rates regime had been in place since 2016. The BOJ also announced the abolition of its radical yield curve control policy for 10-year Japanese government bonds, which the central bank has employed to target longer-term interest rates by buying and selling bonds as necessary. The Bank of Japan expects higher salaries to lead to a virtuous spiral with domestic demand fueling inflation.

Persons: BOJ, Kazuo Ueda Organizations: Japan Inc, Bank of Japan Locations: Japan, Japan's

☆ Russia is betting big on Cuba as it courts alternative economic partners
▼ + stars: | 2024-03-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Russia is expanding its economic and trade ties with Cuba, per TASS. Russia has been pivoting to alternative markets in the face of Western sanctions. Cuba — which has been sanctioned by the US for decades — has been in an economic crisis since the COVID-19 pandemic. AdvertisementRussia has set its sights on broader economic and trade ties with Cuba. The companies are involved in various sectors including heavy industry, energy, banking, agriculture, IT, and tourism, Chernyshenko said at an intergovernmental meeting between Russia and Cuba.

Persons: —, Dmitry Chernyshenko, Chernyshenko Organizations: Service, TASS Locations: Russia, Cuba, Russian

☆ Outperforming fund manager says this software stock is set to be a 'serious player' in a corner of AI, gives it nearly 60% upside
▼ + stars: | 2024-03-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

One stock is a "promising AI investment" and set to be a "serious player" in a corner of the space, according to Brian Stutland of Equity Armor Investments. They are really starting to become very creative in the AI world," Stutland, a portfolio manager at the firm, told CNBC's "Street Signs Asia " last week. Palantir has been scaling its Artificial Intelligence Platform, or AIP, and Karp said the company carried out nearly 600 pilots with the technology last year. Shares of Palantir jumped nearly 10% on March 6 after Palantir announced its Tactical Intelligence Targeting Access Node was selected by the U.S. Army . TITAN uses artificial intelligence to provide targeting information for missiles.

Persons: Brian Stutland, That's Palantir, CNBC's, Alex Karp, Palantir, Karp, Stutland, Morningstar, Dan Ives, Ives, — CNBC's Ashley Capoot, Keris Lahiff Organizations: Equity, Investments, AIP, Intelligence, U.S . Army, Fund, Wedbush, Securities, Global TAM Locations: U.S

The BOJ will now look to utilize its short-term interest rate as its primary policy tool. It will employ an interest rate of 0.1% to current account balances held by financial institutions at the central bank from March 21, while encouraging the uncollateralized overnight call rate (another interest rate used as a policy lever by the bank) to remain at around 0 to 0.1% — effectively raising interest rates from -0.1% previously. It would resort to "nimble responses" in the form of increased Japan government bond purchases and fixed-rate purchases of JGBs, among other things, if there is a rapid rise in long-term interest rates. Japanese investors have looked elsewhere for better returns given years of artificially depressed interest rates in their home market. The Fed is due to announce its own interest rate decision on Wednesday.

Persons: Japan Alexander Spatari, Kazuo Ueda, Rob Carnell, BOJ, Ueda, Michael Brown, —, JGBs, Vishnu Varathan, Hayden Briscoe, Briscoe Organizations: Japan's, Japan Inc, Asia, ING, CNBC, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial Group, Bank of America, Barclays, U.S . Federal, UBS Asset Management Locations: Dotonbori, Japan, Japan's, U.S, Mizuho's, Asia

☆ PepsiCo Asia-Pacific CEO: We're positioning our products in a locally relevant way
▼ + stars: | 2024-03-19 | 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 EmailPepsiCo Asia-Pacific CEO: We're positioning our products in a locally relevant wayWern-Yuen Tan, chief commercial officer and Asia-Pacific CEO of PepsiCo, says it has, for example, a "dedicated range of Pepsi products infused with Chinese ingredients like jasmine or osmanthus" and one of its bestselling products in Vietnam is its "beef pho-flavored Lay's."

Persons: Yuen Tan Organizations: PepsiCo Asia, PepsiCo, Pepsi Locations: Pacific, Asia, Vietnam

☆ On their first date, he asked her if she had any debt. Today, they're a DINK couple in the world's most expensive city.
▼ + stars: | 2024-03-19 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +7 min

Ryan Tan and Corinne Chow are a DINK couple in Singapore. AdvertisementThe couple is part of a growing group of DINK — double income, no kids — couples around the world. Advertisement"Now when we go on holidays, we have a bit more disposable income," Chow said. People in comments and on private messaging often thank her for creating content about not having children, she said. And I know not having children has contributed largely to that expense."

Persons: Ryan Tan, Corinne Chow, DINK, —, Chow, Tan, DINK —, Singapore Chow, Corinne Chow Corinne Chow Chow, Port Ellen whiskeys, Glen Keith, Glen, Bihan Chen, I'm, Tiffany Wasiuk Organizations: Service, Consumer Finances Locations: Singapore, Port, Tokyo, China, Virginia, Tan

☆ Sam Altman says he doesn't think the world 'needs another copy of Google' because 'that's boring'
▼ + stars: | 2024-03-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

OpenAI's Sam Altman isn't interested in beating Google at search. Building a better search engine than Google, Altman said, is "boring." "I don't think the world needs another copy of Google," Altman told podcaster Lex Fridman. AdvertisementOpenAI CEO Sam Altman says he isn't interested in beating Google in the search business. Advertisement"I don't think the world needs another copy of Google," Altman told Fridman.

Persons: OpenAI's Sam Altman isn't, Altman, podcaster Lex Fridman, —, Sam Altman, OpenAI's, Fridman, Google hasn't, Apple, Gemini, OpenAI didn't Organizations: Google, Service, Bloomberg, Business Insider

☆ Sam Altman says he thought Elon Musk would have 'more empathy' for OpenAI's big dreams because it 'wasn't that long ago Elon was crazily talking about launching rockets'
▼ + stars: | 2024-03-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Read previewOpenAI CEO Sam Altman says he thought his former cofounder Elon Musk would have had "more empathy" for the AI company's huge ambitions. Altman referenced Musk's spacefaring ambitions with his rocket company SpaceX, while discussing Musk's lawsuit against OpenAI. In his lawsuit, Musk accused the company of violating its nonprofit mission when it partnered with Microsoft. But Musk, Altman said, had at one point wanted to "make OpenAI into a for-profit company that he could have control of." To ClosedAI and I will drop the lawsuit — Elon Musk (@elonmusk) March 6, 2024Altman isn't the only one to have expressed disappointment at Musk's behaviour.

Persons: —, Sam Altman, Elon Musk, Elon, Altman, podcaster Lex Fridman, Musk, Fridman, — Elon, Vinod Khosla, Khosla, who've, didn't Organizations: Service, Business, SpaceX, OpenAI, Microsoft, Business Insider

☆ Why the scale of Putin's landslide win matters so much
▼ + stars: | 2024-03-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

As of 7 a.m. Moscow time on Monday, Putin has secured around 87% of the vote in the presidential election. This marks a record win for Putin, who took home 77% of the votes in 2018. His opponents — who are far from Putin's level of clout and influence — were pre-approved by Russia's election commission and posed no serious challenges to the incumbent leader. David Szakonyi, a political science professor at George Washington University, told Business Insider last week that voter turnout is an extremely important metric for Putin. AdvertisementTo be sure, there are other factors at play in Putin's victory besides Russia's strong economy.

Persons: —, Vladimir Putin, Putin, David Szakonyi, Szakonyi, Denis Volkov, Volkov, Alexei Navalny, Josef Stalin Organizations: Service, Business, George Washington University, Putin, Monetary Fund, Levada, New York Times, Times Locations: Moscow, Ukraine, Russia

☆ Goldman Sachs now expects the Bank of Japan to hike rates Tuesday
▼ + stars: | 2024-03-18 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +2 min

Goldman Sachs now expects the Bank of Japan to raise interest rates for the first time in 17 years at its March meeting this week, bringing forward its previous forecast for an April decision. Ota said he expects the BOJ to abolish its yield curve control policy, which the central bank employs to target longer-term interest rates, by buying and selling bonds as necessary. Still, he expects the central bank will "not explicitly commit" to the size of its Japanese government bond purchases or the cessation of its ETF purchases. While the central bank has effectively loosened its yield curve control policy over longer term interest rates over the past 16 months, it has kept interest rates at -0.1% and still maintains an upper limit for 10-year Japanese government bond yield at 1% as a reference. While BOJ Governor Kazuo Ueda meets with his other eight board members eight times a year, the central bank updates its economic outlook only four times: in January, April, July and October.

Persons: Goldman Sachs, Tomohiro Ota, Ota, Kazuo Ueda Organizations: Bank of Japan Locations: Ueno Park, Tokyo, Japan

☆ What Meltdown? Crypto Comes Roaring Back in the Philippines.
▼ + stars: | 2024-03-18 | by ( Eli Tan | Jes Aznar | ) www.nytimes.com time to read: 1 min

On a recent Tuesday night, around 20 people crowded into the second floor of Joniel Bon’s newly opened internet cafe in Quezon City, 10 miles from Manila. Seated at computers with 34-inch curved monitors, they began playing video games such as Heroes of Mavia and Nifty Island, as music from Taylor Swift and Maroon 5 hummed from the speakers. Playing these games can be a full-time job, and some of Mr. Bon’s customers had settled in for the night with slices of pizza to fuel them. The games reward players with cryptocurrency tokens for completing small, daily challenges. Often, players convert their tokens to pesos, the country’s currency, earning around twice the Philippines’ minimum wage of $11 a day.

Persons: Taylor Swift Locations: Quezon City, Manila, Nifty, Philippines

☆ The 'next big thing' in tech will come from these areas, UBS says — naming stocks to play the theme
▼ + stars: | 2024-03-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The "next big thing" in tech will come from sectors such as enabling tech — which includes artificial intelligence and cybersecurity — as well as healthtech, greentech and fintech, UBS said. Here are some names from UBS' list and what it says about each stock. "The medical surgical and neurological business has also returned to strong growth as the pandemic impact fades," the bank said. Broadcom : UBS says that Broadcom boasts a "market-leading" position in semiconductor design. Its greentech picks include French industrial gases and services company Air Liquide , French utility firm Engie , and German chemicals firm Wacker Chemie .

Persons: —, Stryker, ASML, — CNBC's Michael Bloom Organizations: UBS, fintech, Baidu, ASML, Broadcom, 5G, Intercontinental Exchange, Mastercard, Air, Wacker Chemie Locations: Wacker

☆ Google's Gemini may just be about to make Elon Musk and Sam Altman really jealous
▼ + stars: | 2024-03-18 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Apple and Google are reportedly in talks to integrate Google's Gemini into the iPhone. The deal, if finalized, would be a blow to Google's competitors like Elon Musk's xAI and Sam Altman's OpenAI. AdvertisementApple and Google are in talks to integrate Google's AI model Gemini into the iPhone, Bloomberg's Mark Gurman reported on Monday. The new Gemini-powered features could be introduced to iPhones this year, Bloomberg reported, citing people familiar with the negotiations. Representatives for Apple and Google declined to comment on the talks when contacted by Bloomberg.

Persons: Elon Musk's xAI, Sam Altman's OpenAI, —, Mark Gurman Organizations: Apple, Google, Bloomberg, Service

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