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☆ 5 new AI products worth trying from the avalanche of announcements this week
▼ + stars: | 2024-12-14 | by ( Sarah Jackson | ) www.businessinsider.com time to read: 1 min

It was an overwhelming week in AI product launches. OpenAI's 12 Days of "Shipmas" continued, Google launched a host of AI products, and new Apple Intelligence features arrived. Here are 5 of the most helpful AI tools announced this week to consider giving a try. AdvertisementThere was a deluge of AI announcements this week as Big Tech pushed out releases and announcements ahead of the holidays. AdvertisementHere are 5 of our recommendations from the last week that you might find helpful in your day-to-day life.

Organizations: Google, Apple Intelligence, Big Tech

☆ Bull market hits an early December soft patch
▼ + stars: | 2024-12-14 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

We've been through the arguments about whether narrow leadership against weak underlying breadth is a good thing, a dangerous thing, or just a thing. This vocal minority might well be wondering how much fruit is left to pick after two straight years of 20%-plus S & P 500 gains. We have an S & P 500 pushing 23-times forward earnings, topped by a $3.75-trillion company called Apple that's now trading above 33-times projected profits. Apple owns December Note that a December push higher for Apple shares is pretty standard stuff when the market is in an uptrend. Apple in general tends to go on a run as a rally matures, rather than lead the market off a correction.

Persons: We've, I've, Microstrategy, helpfully, would've, Trump's, Scott Chronert, We're, Trump, Brian Belski, Ben Carlson Organizations: Nasdaq, Trump, NYSE, Citi, Fed, CPI, BMO Chief, Ritholtz Wealth, Apple

☆ I worked in Silicon Valley for a decade. Here are 9 ways I managed stress and boosted productivity.
▼ + stars: | 2024-12-14 | by ( Robin Madell | ) www.businessinsider.com time to read: +5 min

Regina Grogan is a tech exec who says high stress once impacted her mental health and relationships. AdvertisementI worked in high-stress Silicon Valley for over 10 years, including as a Google consultant, before transitioning to being an associate security engineer at one of the largest banks. Over the years, I've discovered hacks to mitigate stress, boost my mood, and increase productivity. Ever since I started using these hacks, I've been in a great mood and more productive than everMy colleagues always talk about my energy and good mood. If you work in Big Tech and have productivity hacks you'd like to share, please email Tess Martinelli at tmartinelli@businessinsider.com.

Persons: Regina Grogan, Grogan, It's, I've, panicking, ender, Tess Martinelli Organizations: Big Tech Locations: Salt Lake City, Epsom, tmartinelli

☆ OpenAI publishes more of Elon Musk's internal emails showing he originally favored a for-profit structure
▼ + stars: | 2024-12-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

OpenAI published Elon Musk's old emails in a blog post on Friday. Advertisement"Now that OpenAI is the leading AI research lab and Elon runs a competing AI company, he's asking the court to stop us from effectively pursuing our mission," OpenAI wrote this week. OpenAI also published Musk's private emails in March after Musk sued OpenAI and Altman. Musk's most recent filing is his fourth attempt in less than a year to "reframe his claims," OpenAI said in the blog post. Advertisement"You can't sue your way to AGI," the company wrote in the blog post.

Persons: OpenAI, Elon, Musk, Elon Musk, Tesla, Sam Altman, xAI, Altman Organizations: Elon, Tesla

☆ Trump inviting Xi to his inauguration is an audacious power play
▼ + stars: | 2024-12-14 | by ( Tom Porter | Hannah Abraham | ) www.businessinsider.com time to read: +5 min

Trump's decision to invite China's Xi Jinping to his inauguration surprised many observers. When President-elect Donald Trump invited China's President Xi Jinping, the leader of the US' biggest geopolitical rival, to his January inauguration on Thursday, it came as somewhat of a surprise. But Trump has long reveled in unpredictability, and has often balanced his confrontational China policies with years of lavishing praise for Xi. AdvertisementSome see Trump's invitation as the latest power play designed to imbalance Xi and reset US-China relations. All of this makes it highly unlikely that Xi will want to come to the US to clap as Trump is sworn in as president.

Persons: China's Xi Jinping, Trump, Donald Trump, Xi Jinping, Xi, Kerry Brown, Ali Wyne, Wyne, Neil Thomas, Thomas, Trump's, Brown Organizations: China's, Asia Pacific, Chatham House, Lau China Institute, King's College, Crisis, Asia Society, Center for, ABC News, Nvidia, Trump, Bloomberg Locations: China, London, Trump, Center for China, loggerheads, Russia, Ukraine, Taiwan, combatting

☆ Apple is among the most overbought stocks on Wall Street. Here are the others
▼ + stars: | 2024-12-14 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

CNBC Pro used its stock screener tool to find the most overbought and oversold stocks on Wall Street as determined by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are considered overbought, which indicates shares might soon sell off. This week's overbought list was especially tech-heavy and included "Magnificent Seven" titan Apple , which had an RSI of 74. Marketing and communications firm Omnicom Group , with an RSI of 24, is among the most oversold stocks on Wall Street. Other names on the most oversold list of stocks included pharmaceuticals giant Johnson & Johnson and energy company Consolidated Edison .

Persons: Donald Trump, Bernstein, Morgan Stanley, Tesla, Elon Musk, Trump, Roth, Craig Irwin, Irwin, ServiceNow, KeyBanc, Jackson Ader, Omnicom, Johnson, —, Fred Imbert Organizations: Dow Jones, Nasdaq, CNBC Pro, Apple, Apple Intelligence, Trump, Enterprise, Omnicom, Johnson, Consolidated Edison

☆ Big Oil wants to help Big Tech power artificial intelligence data centers
▼ + stars: | 2024-12-14 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Exxon Mobil and Chevron are jumping into the race to power artificial intelligence data centers, as the two oil majors bet tech companies will ultimately turn to natural gas to meet their tremendous energy needs. Exxon unveiled plans this week to build a natural gas plant to power a data center. The oil major estimates decarbonizing AI data centers could represent up to 20% of its total addressable market for carbon capture and storage by 2050. Chevron is also working on ways to power data centers, said Jeff Gustavson, president of the oil company's new energy business, at the Reuters NEXT conference on Wednesday. Chevron is a major national gas producer with power generation equipment and very large tracts of land that could be used for data centers, the executive said.

Persons: Kathryn Mikells, Mikells, Jeff Gustavson, Gustavson Organizations: Exxon Mobil, Chevron, Exxon, Wall Street, Reuters

☆ Mark Zuckerberg sets aside his feud with Elon Musk to go after Sam Altman's OpenAI
▼ + stars: | 2024-12-14 | by ( Katie Balevic | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg's Meta urged California to halt OpenAI's transition to a for-profit company. In doing so, Zuckerberg sided with his occasional nemesis, Elon Musk, who also wants to stop OpenAI. Meta CEO Mark Zuckerberg and X owner Elon Musk have long-standing beef about everything from artificial intelligence to how they run their respective social media platforms. Zuckerberg's Meta asked the California attorney general on Friday to stop OpenAI from becoming a for-profit company. On Friday, it published a blog post titled "Elon Musk wanted an OpenAI for-profit."

Persons: Mark Zuckerberg's Meta, Zuckerberg, Elon Musk, Mark Zuckerberg, Zuckerberg's Meta, Meta, Sam Altman's, Rob Bonta, Musk, cofounders, OpenAI, Altman, Musk's xAI Organizations: Microsoft, Meta Locations: California, Delaware

☆ Klarna CEO says the company stopped hiring a year ago because AI 'can already do all of the jobs'
▼ + stars: | 2024-12-14 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +2 min

Klarna CEO Sebastian Siemiatkowski spoke about AI and the workforce. He said Klarna stopped hiring a year ago despite the company advertising jobs online. Klarna CEO Sebastian Siemiatkowski is all-in on artificial intelligence at the fintech company. During the interview, Siemiatkowski said Klarna stopped hiring last year. Klarna CEO Sebastian Siemiatkowski stopped hiring a year ago.

Persons: Sebastian Siemiatkowski, Siemiatkowski, Klarna, Nikos Pekiaridis Organizations: Bloomberg, McKinsey & Company

☆ Insider Today: Work out smarter
▼ + stars: | 2024-12-14 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

This post originally appeared in the Insider Today newsletter. She's a Business Insider fellow who asked ChatGPT what to get her family for Christmas. AdvertisementThe AI-powered tool "gave me 19 suggestions," Brew wrote, "along with additional ideas under categories suggesting quirky and personalized gifts." : Time is running out for gift shopping, but luckily, we have a guide to the best last-minute gift ideas for when you're in a pinch. More of this week's top reads:AdvertisementThe Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: Natalie Ammari, Caroline Brew's, ChatGPT, Brew, we've, BI's, cancer's, Herman Miller, Jason McDonald, Chelsea Jia Feng, Lia Bartha, Moritz, Alessandro Bellani, Barts, Ralph Fiennes, Stanley Tucci, Maria, Angelina Jolie, Maria Callas, Rebecca Zisser, they've, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, Alpha, SDI, Lancet Oncology, BI, Netflix Locations: St, Los Angeles, New York City, New York

☆ OpenAI whistleblower found dead by apparent suicide
▼ + stars: | 2024-12-14 | by ( Lloyd Lee | Alistair Barr | ) www.businessinsider.com time to read: +4 min

Suchir Balaji, a former OpenAI researcher, was found dead on Nov. 26 in his apartment, reports say. He had accused his employer of violating copyright law with its highly popular ChatGPT model. Suchir Balaji, a former OpenAI researcher of four years, was found dead in his San Francisco apartment on November 26, according to multiple reports. AdvertisementBalaji had recently criticized OpenAI over how the startup collects data from the internet to train its AI models. Balaji argued in his personal essay that training AI models with masses of data copied for free from the internet is potentially damaging online knowledge communities.

Persons: Suchir Balaji, Balaji, he'd, David Serrano Sewell, Suchir's, Elon Musk, OpenAI Organizations: San Francisco Police Department, Business, San Jose Mercury, New York Times, Microsoft, Times, OpenAI, BI Locations: San Francisco, OpenAI

☆ Google DeepMind COO Lila Ibrahim on the responsibility of building AI
▼ + stars: | 2024-12-13 | by ( Samantha Bresnahan | Anna Stewart | ) edition.cnn.com time to read: +8 min

Somewhat surprisingly for the first ever COO of Google DeepMind, it’s not even artificial intelligence, nor is it coding. “I became an [electrical] engineer because I thought it was a combination of math, art and science. A Nobel-winning ideaIbrahim’s love of engineering was inspired by her Lebanese father, who was orphaned by the time he was five years old and would grow up to become an electrical engineer. At Google DeepMind, perhaps the most important example is AlphaFold, the company’s AI program capable of solving what it calls the protein prediction problem. The company also made AlphaFold open-source, meaning any researcher anywhere in the world can access it (over 2 million people in 190 countries and counting, according to Google DeepMind).

Persons: London CNN — Lila Ibrahim’s, it’s, I’ve, ” Ibrahim, CNN’s Anna Stewart, “, I’m, Ibrahim, ” Lila Ibrahim, Johannes Simon, she’d, “ I’d, ”, Shawki Ibrahim, Lila Ibrahim Ibrahim's, Lila Ibrahim Ibrahim, Lila Ibrahim, what’s, AlphaFold, Craig Barrett, she’s, – Organizations: London CNN, Google, Purdue, Intel, CNN Locations: London, Geneva, Switzerland, American, Japan, Indiana, Lebanon

☆ Broadcom's AI story is driving its stock prices: Strategist
▼ + stars: | 2024-12-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBroadcom's AI story is driving its stock prices: StrategistEric Ross of Cascend Securities discusses Broadcom's earnings and AI's impact on the semiconductor industry.

Persons: Eric Ross Organizations: Cascend Securities

☆ A new Google AI-powered weather model could be key to the future of your forecast – but there’s a catch
▼ + stars: | 2024-12-13 | by ( Mary Gilbert | ) edition.cnn.com time to read: +20 min

A big problem to solveGenCast is a critical advancement in modeling, but like any other weather forecast model, it isn’t perfect. Jeffrey Collins/AP Len Frisbee dumps a wheelbarrow of dirt as he helps with cleanup in Hot Springs, North Carolina, on October 1. Marco Bello/Reuters Linda Bandy, left, and Carissa Sheehan clean up inside the International Moulding frame shop in Morganton, North Carolina. Jonathan Drake/Reuters Floodwaters are seen in Asheville in this image released by the North Carolina Department of Transportation on September 28. Joe Raedle/Getty Images Hurricane Helene is seen in a satellite photo on September 26.

Persons: Google’s DeepMind, DeepMind, ”, Peter Dueben, GenCast, “, Skip, Ilan Price, Price, ” Price, ” Dueben, It’s, Jonathan Drake, Reuters Martika, Helene, Erik S, Eduardo Munoz, Sean Rayford, Allison Joyce, Mike Stewart, Emily Ogburn, Cody Klein, Melissa Sue Gerrits, Sam Soughail, Van Hutchins, Dennis Rector, Josh Morgan, Andy Brown, Jeffrey Collins, Len Frisbee, Jeff Roberson, Christian Monterrosa, Marco Bello, Reuters Linda Bandy, Carissa Sheehan, Kathy Kmonicek, Janice Whitley, Terry Wilson, Melinda, Kathleen Flynn, Paul Hennessy, Gerald Herbert, Elmira Glover, Joe Raedle, John Falchetto, Cassandra Randall, Jessica Downey, Greg Lovett, Hurricane Helene, Hailey Morgan, Phelan M, Megan Varner, Sarah Cribbins, Michael, Luis Santana, Miguel J, Rodriguez Carrillo, Richard Burkhart, Mike Carlson, Candice Ocvil, Jibri Tolen, Cristobal Herrera, Candace Redwine, Guy Ford, George G, Tapper, Ricardo Arduengo, Joe Burbank, Carol Poulson, Andrew West, Cynthia Centeno, Reuters Charles Starling, Stephen M, Dowell, Chandan Khanna, Thomas Simonetti, Pete Beach, Ramon Espinosa, Paola Chiomante Organizations: CNN, European Centre, Hemisphere, Google, Reuters, Reuters Helicopters, Getty, Homes, AP, & Sons Department, USA, New York Times, Anadolu, Workers, North Carolina Department of Transportation, Tampa Bay Times, AFP, East, Savannah Morning, United States Coast Guard, Walt Disney, Orlando Sentinel, Tribune, Service, Fairview Middle School, Fishel, State Emergency Operations Center, Washington Post, NOAA Locations: Boone , North Carolina, Canton , North Carolina, Swannanoa , North Carolina, Cruso , North Carolina, Swannanoa, Bat Cave , North Carolina, Bills, , North Carolina, AFP, Lake Lure , North Carolina, Rock , North Carolina, Barnardsville , North Carolina, Lure, Asheville , North Carolina, Marshall , North Carolina, Augusta , Georgia, Springs , North Carolina, Bat, Bat Cave, Morganton , North Carolina, Old Fort, Fletcher , North Carolina, Steinhatchee , Florida, Tampa , Florida, Steinhatchee, Boone, Asheville, Treasure Island , Florida, Horseshoe Beach , Florida, Valdosta , Georgia, Horseshoe Beach, Laurel, Vilas , North Carolina, Crystal River , Florida, Hurricane, Crystal River, Peachtree Creek, Atlanta, , Florida, Savannah , Georgia, Savannah, Shore, St . Petersburg , Florida, Valdosta, Key , Florida, Tarpon Springs , Florida, Watauga, Sugar Grove , North Carolina, Florida, Port Saint Joe , Florida, Bay Lake , Florida, St . Petersburg, Fort Myers Beach , Florida, Tallahassee, Leon County , Florida, Eastpoint , Florida, Villages, Tallahassee , Florida, Gulfport , Florida, St, Cross City , Florida, Guanimar, Cuba, Panacea , Florida, Puerto Juarez, Mexico, Clearwater , Florida

☆ Here are Jim Cramer's thoughts on risks of Broadcom's strength to Nvidia and AMD
▼ + stars: | 2024-12-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The stock market was struggling to "break the spell of negativity" seen this week, Jim Cramer said during the Morning Meeting. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, it's, Mills, Jim Cramer's Organizations: CNBC, Nasdaq, Treasury, Broadcom, Nvidia, Devices, it's, AMD, Bank of America, PayPal Holdings Locations: Centene

☆ A Russian missile and drone developer was assassinated in a Ukrainian hit: reports
▼ + stars: | 2024-12-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

A Russian drone and missile designer was assassinated near Moscow, reports say. A senior Russian official who worked at a company that designs drones and missiles was killed in a Ukrainian operation near Moscow, according to reports. AdvertisementA source in Ukraine's security services told Ukrainian outlet Pravda that Mikhail Shatsky was assassinated in a special operation by Defence Intelligence of Ukraine, the country's military intelligence service. AdvertisementA source told Kyiv Independent that Shatsky was seen as the main proponent of incorporating AI into Russian drones, aircraft, and spacecraft. Ukrainian military intelligence didn't immediately respond to a request for comment from BI.

Persons: Mikhail Shatsky, Shatsky, didn't Organizations: Pravda, Defence Intelligence, Kyiv Independent, Moscow Times Locations: Moscow, Ukraine, Russian, Kotelniki, Ukrainian, Russia's, Russia

☆ Here are the deals the 'AI arms race' could drive in 2025, according to 4 bankers from Goldman Sachs, BofA, and Axom Partners
▼ + stars: | 2024-12-13 | by ( Bianca Chan | ) www.businessinsider.com time to read: +7 min

Bankers anticipate more AI dealmaking to benefit data and infrastructure companies. Tech companies focusing on managing, moving, and securing data will be at the forefront of the AI M&A wave. The gap between buyer and seller price expectations is shrinking as companies, AI ones included, reset their valuations. It's something even the biggest AI companies are opening their wallets for. Some cross-sector actionWhile most of the AI and AI-related deals will likely be between tech companies, Goldman's Min anticipates some transactions in the industrial space.

Persons: Goldman Sachs, Neil Kell, Brandon Hightower, hasn't, Scott Denne, Trump's, Andrew Ferguson, Ferguson, Jung Min, America's Kell, Min, Axom's Hightower, Axom, Rockset, Alan Bressers, you've, It's, There's, Axom's Bressers Organizations: Bankers, Bank of America, Partners, Bank of, Companies, Axom Partners, Tech, P Global Market Intelligence, Research, Federal Trade Commission, Big Tech, Wedbush Securities, Bank, Nvidia, Lambda Locations: Snowflake, Seattle

☆ OpenAI had a 2-year lead in the AI race to work 'uncontested,' Microsoft CEO Satya Nadella says
▼ + stars: | 2024-12-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Microsoft's CEO has said OpenAI's two-year lead in the AI race gave it "escape velocity" to build out ChatGPT. Satya Nadella told a podcast this gave OpenAI "two years of runway" to work "pretty much uncontested." Microsoft CEO Satya Nadella has said OpenAI has benefited from a two-year lead in the AI race to work "pretty much uncontested." "I don't think they'll be ever again, maybe, be a two-year lead like this," Nadella said. Microsoft was an early investor in OpenAI, investing $1 billion in 2019.

Persons: Satya Nadella, OpenAI, Nadella, we've, Brad Gerstner, Bill Gurley, Edge Organizations: Microsoft, Google, Bing, Securities, Exchange, SEC, Anthropic Locations: OpenAI

☆ Tech rally shows AI infrastructure spending going faster for longer, says Deepwater's Gene Munster
▼ + stars: | 2024-12-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech rally shows AI infrastructure spending going faster for longer, says Deepwater's Gene MunsterGene Munster, Deepwater Asset Management managing partner, joins CNBC's 'Power Lunch' to discuss the tech rally, Apple's AI efforts, and more.

Persons: Deepwater's Gene Munster Gene Munster Organizations: Email Tech, Deepwater Asset Management

☆ Rao: AI is big, including the infrastructure for efficiency.
▼ + stars: | 2024-12-13 | 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 EmailRao: AI is big, including the infrastructure for efficiency. Santosh Rao, Head of Research at Manhattan Venture Partners, discusses the positive signals from ServiceTitan's IPO, marking a thaw in the IPO market and setting the stage for more companies to go public. He highlights the constructive regulatory environment and strong demand, particularly in AI, as key catalysts.

Persons: Santosh Rao Organizations: Rao, Research, Manhattan Venture Partners

☆ Palmer Luckey's Anduril partners with Archer Aviation to develop "next-gen" vertical takeoff vehicles for the US military
▼ + stars: | 2024-12-13 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Anduril and Archer are partnering to develop military vertical takeoff and landing aircraft. Tech entrepreneur Palmer Luckey's Anduril is teaming up with Archer Aviation to create a new generation of vertical takeoff aircraft it hopes to sell to the US military. VTOL aircraft include helicopters, as well as jets and tiltrotor aircraft that have the advantage of faster airspeeds. AdvertisementArcher is an aviation company that generally makes electric tiltrotor aircraft for urban use. In November 2023, a V-22 Osprey crashed off the coast of Japan, killing eight airmen.

Persons: Archer, Palmer Luckey's, Luckey, Aduril, Adam Goldstein, Goldstein, Lockheed Martin's, Bell's, Bell, Anduril, Shae Arnoult Organizations: Tech, Archer Aviation, Defense Department, Meta, Archer Defense, United Airlines, Marine Corps, Lockheed, US Army, UH, Blackhawk, Sikorsky, US Locations: Japan

☆ Tech investor Dan Niles is the least interested in the 'Magnificent 7' he's been in years
▼ + stars: | 2024-12-13 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Tech investor Dan Niles is the least excited about the group of " Magnificent Seven " stocks than he has been in years, citing lofty valuations and slowing growth in the megacap tech leaders that is turning him instead to look at a broader-based basket of stocks. "We've had a Mag Seven stock in our top five picks which we put out for the last several years," Niles told CNBC's " Money Movers " on Friday. AI spending, it's going to slow down." The founder of Niles Investment Management expects the underperformance in the Magnificent Seven stocks in the second half of this year will continue in 2025, as the megacap leaders cede leadership to the broader market. Niles said Amazon is the one name he still likes in the Magnificent Seven, saying expanding profit margins will boost the business in the future.

Persons: Dan Niles, We've, Niles, CNBC's, Donald Trump Organizations: Niles Investment Management

☆ Google is taking on Apple with a XR headset
▼ + stars: | 2024-12-13 | by ( John Towfighi | ) edition.cnn.com time to read: +5 min

CNN —Google and Samsung are stepping into the wearable headset race. The Samsung headset will be the first product powered by the new Android operating system for XR before the new OS becomes available for other companies to use in their own devices. Android for XR — an umbrella term for various types of virtual and augmented reality — was built in collaboration by Google, Samsung and Qualcomm and will be able to power hardware devices like headsets and glasses. A customer tries on the Apple Vision Pro headset during the product launch at the Apple Store in New York City on February 2, 2024. The Vision Pro, the tech giant's $3,499 headset, was its first major release since the Apple Watch nine years ago.

Persons: Ted Mortonson, Baird, “, ” Mortonson, Mortonson, Angela Weiss, Scott Kessler, We’re, ” Kessler, Dan Ives, ” Ives, Joon Choi, ” Choi, Kessler, “ We’ve, ”, Baird’s Mortonson Organizations: CNN, Google, Samsung, Apple’s, Meta, Vision, Qualcomm, Apple, Apple Watch, Getty, Wedbush Securities, Gemini, Connect, Big Tech Locations: New York City, Menlo Park , California

☆ Singapore, Vietnam firms in talks for new undersea cables, Reuters reports
▼ + stars: | 2024-12-13 | by ( ) www.cnbc.com time to read: +2 min

Vietnam alone plans to have 10 new submarine cables by 2030. They added that Keppel prefers a more ambitious cable plan involving a consortium of investors. Sovico, a conglomerate whose operations include aviation and banking, has recently announced plans on data centre development. Singapore is a major hub for data centres and undersea cables, but the small island-state has nearly saturated its data usage capacity. A spokesperson for Keppel declined to answer Reuters questions about the two cable plans, saying: "We do not comment on market speculation."

Persons: Keppel, Sovico, Pham Minh Chinh Organizations: Sovico, Vietnam's, Reuters Locations: Asia, Europe, Vietnam, Singapore, Japan, Vietnam's

☆ EvenUp's valuation soared past $1 billion on the potential of its AI. The startup has relied on humans to do much of the work, former employees say.
▼ + stars: | 2024-12-13 | by ( Ben Bergman | ) www.businessinsider.com time to read: +12 min

Former employees told BI the company has relied on humans to do much of the work. Former employees told Business Insider that the startup has relied on humans to complete much of the work. The former employees said they witnessed numerous problems with EvenUp's AI, including missed injuries, hallucinated medical conditions, and incorrectly recorded doctor visits. EvenUp technical errorsThe eight former EvenUp employees told BI earlier this year that this process has been far from automated and prone to errors. EvenUp's AI could be helpful in simple cases that could be completed in as little as two hours.

Persons: EvenUp, it's, Rami Karabibar, Karabibar, Abdi Aidid, Aidid, OpenAI's ChatGPT, Raymond Mieszaniec, Saam, Ray, didn't, We've, Mieszaniec, EvenUp's, Robert Simon, Simon, Sarah Hinkfuss, Hinkfuss Organizations: Business, Microsoft, University of Toronto, Lightspeed Venture Partners, Simon Law, Bain Capital Ventures Locations: EvenUp, Saam Mashhad

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