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It's sought to position itself as the safer, more responsible AI company. She, along with her brother Dario, was part of the team that left OpenAI with the goal of creating a more responsible AI company. Krishna Rao, Chief Financial OfficerAs any emerging AI company can attest, conducting groundbreaking research isn't enough. In this role, he's building deep relationships with users and helping to turn Anthropic's research into a mass-market product. These capabilities are essential to Anthropic's positioning of itself as the safer AI company.
Persons: Anthropic, It's, , OpenAI's, Dario Amodei, Amodei, Dario, Daniela Amodei, She's, Jack Clark ,, Clark, Jared Kaplan, Kaplan, Chris Olah, Sam McCandlish, McCandlish, Tom Brown, Brown, Krishna Rao, Rao, Mike Krieger, São Paulo, Krieger, Claude, Brian Israel, it's, Brian, Sam Bowman, Bowman, Jan Leike Organizations: Service, OpenAI's ChatGPT, Google, Princeton University, Hertz, Stanford University School of Medicine, sager, Bloomberg, Harvard, Johns Hopkins University, Research, Organization, Core Resources, Stanford University, Brandeis University, Core, Blackstone, Bain & Company, Anthropic, State Department, NASA Locations: OpenAI, Anthropic, Airbnb, São, Menlo Park, San Francisco, New York, Israel
The company previously launched an "Uber Green," service which has historically included a mix of battery electric vehicles, and hybrid electric models. Now, Uber can offer battery electric vehicles as the sole "green" option in more than 40 cities globally, executives said at Uber's annual Go Get Zero sustainability conference in London on Tuesday. "We need more affordable EVs, we need stronger EV mandates, we need incentives for people who are driving the most. For drivers, Uber said it is rolling out an "EV Mentor" program, which connects drivers for any questions about electric mobility. The deal will give Uber drivers the ability to access Octopus' "Intelligent Go" tariff to help them with EV charging costs.
Persons: Dara Khosrowshahi, Uber, Khosrowshahi, OpenAI's ChatGPT, Suvrat Dhanorkar, Gordon Burtch, it's, BYD, Rebecca Tinucci, Tinucci Organizations: Transportation, Clean Transportation, Transportation Science, Los Angeles, Organization for Economic Co, Development, Octopus Energy, EV, Uber Locations: London, New York City, Los, Paris, France
Two former executives of Humane, the embattled AI hardware startup, are reemerging with a new artificial intelligence software venture that has raised $4 million at a $25 million valuation. He and Hartley Moy are marketing the startup toward enterprise customers in industries like finance, insurance, SaaS, healthcare services and media. "It really came down to the opportunity that we saw in the enterprise side of the house," Hartley Moy, Infactory's CEO, told CNBC. But the two's departure had to do with the business opportunities they saw when working at Humane, Hartley Moy said. WATCH: Former Apple designers launch $700 Humane AI Pin as smartphone replacement
Persons: Brooke Hartley Moy, Ken Kocienda, Kocienda, Hartley Moy, Sam Altman, Marc Benioff, Slack, Andreessen Horowitz, Infactory, Ohtani Organizations: Humane, CNBC, HP, Microsoft, Tiger Global, Google, Apple, Bee Partners, SPV Locations: Salesforce
OpenAI announced a partnership with Hearst, the media conglomerate behind outlets like the Houston Chronicle, the San Francisco Chronicle, Esquire, Cosmopolitan, Elle and others. "Our partnership with OpenAI will help us evolve the future of magazine content," Hearst Magazines President Debi Chirichella said in a statement. The deal is the latest in a recent trend of media outlets entering into content partnerships with AI startups. OpenAI announced a similar partnership in August with Condé Nast, which owns media brands such as Vogue, The New Yorker, GQ, Vanity Fair and Wired. Reddit also announced a deal with OpenAI in May to allow the ChatGPT maker to train its AI models on the social media company's content.
Persons: Sam Altman, OpenAI, Elle, Debi Chirichella, Condé Nast, Der Spiegel, WordPress.com, Reddit Organizations: Economic, Hearst, Houston Chronicle, San Francisco Chronicle, Cosmopolitan, OpenAI, Vogue, Yorker, GQ, Wired, Media, The Texas Tribune, Time, News Corp, Wall Street, Barron's, New York Post, Center, Investigative, Microsoft, New York Times, Chicago Tribune, New York Daily News, The New York Times, Southern, of, Apple Locations: Davos, Switzerland, U.S, of New York
Walter Isaacson said Elon Musk's AI motives likely stem from early ambitions inspired by sci-fi themes. Isaacson said Musk told him he wanted to start an AI company because he didn't trust Sam Altman. "He's telling me, 'I'm gonna start from scratch an AI company 'cause I don't trust Sam Altman,'" Isaacson recalled in an interview with CNBC's Squawk Box published Friday. The AI company competes directly with OpenAI, which he helped found and fund before a reported falling out. Isaacson, Musk, and xAI did not immediately respond to a request for comment from Business Insider.
Persons: Walter Isaacson, Elon, Isaacson, Musk, Sam Altman, , Elon Musk, lounging, CNBC's, he's, Isaac Asimov, He's, Isaac Asimov's, Douglas Adams, Altman, OpenAI, they're, xAI Organizations: Service, Twitter, SpaceX, Yorker, Business Locations: Austin
Nonetheless, investors could benefit by ignoring short-term noise and tracking the recommendations of top Wall Street analysts to pick stocks with attractive long-term growth potential. (See CYBR Hedge Fund Activity on TipRanks)Uber TechnologiesWe move to the ride-sharing and food delivery platform Uber Technologies (UBER). After hosting meetings with the company's management, JPMorgan analyst Doug Anmuth reaffirmed a buy rating on UBER stock with a price target of $95. Uber expects its grocery ad business to account for 5% of gross bookings over time. (See UBER Stock Buybacks on TipRanks)Meta PlatformsThis week's third stock pick is social media company Meta Platforms (META).
Persons: Matthew Hedberg, Hedberg, TipRanks, Doug Anmuth, Anmuth, Uber, Baird, Colin Sebastian, Sebastian, Claude, OpenAI's ChatGPT Organizations: Wall, RBC Capital, TAM, JPMorgan, Mobility, Meta, Meta Connect, Reality Labs
Facebook owner Meta announced on Friday it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts, claiming it can rival tools from leading media generation startups like OpenAI and ElevenLabs. Movie Gen also can generate background music and sound effects synced to the content of the videos, Meta said in a blog post, and use the tool to edit existing videos. Videos created by Movie Gen can be up to 16 seconds long, while audio can be up to 45 seconds long, Meta said. They declined to comment on Meta's assessment for Movie Gen specifically. Lions Gate Entertainment , the company behind "The Hunger Games" and "Twilight," announced in September that it was giving AI startup Runway access to its film and television library to train an AI model.
Persons: Mark Zuckerberg, Meta, Gen, Meta spokespeople, OpenAI, Sora, Scarlett Johansson Organizations: Meta, Facebook, Microsoft, Technologists, Hollywood, Lions Gate Entertainment Locations: Menlo Park , California, U.S, Kling, Hollywood, Pakistan, India, Indonesia
Jennifer Ann Crecente, a high school girl murdered in 2006, recently reappeared as a chatbot on Character.ai. It had been 18 years since Jennifer Ann, a high school senior and Crecente's only child, was murdered by her ex-boyfriend in Austin. Grieving, Crecente had started a nonprofit in her name, working since 2006 to raise awareness for teenage dating violence. Drew CrecenteThe website also listed Jennifer Ann as an "expert in journalism" with expertise in video game news. "This is not quite impersonation in the sense that it seems transparent that it is an AI model," Conitzer said of the chatbot mimicking Jennifer Ann.
Persons: Jennifer Ann Crecente, , Drew Crecente, Jennifer Ann, Crecente, she'd, I've, he'd, Jennifer Ann's, Brian, Brian Crecente, Character.ai, y3gvAYyHVY, Jennifer Ann chatbot, he's, they're, Cassie Lawrence, Vincent Conitzer, Conitzer, Sue Morris, Dana, they've, Morris, Noam Shazeer, Daniel De Freitas, Shazeer, De Freitas, Winni Wintermeyer, Elon Musk, Nicki Minaj, Ryan Gosling, Andreessen Horowitz, Dominic Perella Organizations: Service, Google, BI, Safety, Institute for, Oxford University, Farber Cancer Institute, Washington, Financial Times, Business Locations: Character.ai, Austin, San Francisco, Character.AI, Boston
Amazon's Rufus AI chatbot answers questions about products and recommends items. The new chatbot illustrates Amazon's complicated relationship with copycat items: The company forbids selling counterfeit or illegally replicated products on its platform. Amazon has warehouses full of products that don't have brand names that people would immediately recognize but might be similar to those brands' products. In theory, Rufus should be able to help — AI should help people compare similar items and answer questions about them. For now, Amazon's Rufus probably won't.
Persons: Rufus, , It's, Maria Boschetti, Jennifer Ortakales Dawkins, Charlotte, you've, TikTokers, Amazon's Rufus Organizations: Service, Amazon, Adidas Locations: Sephora, Charlotte Tilbury, Supergoop
AI coding tools like GitHub Copilot have transformed software development and productivity. AdvertisementBefore he graduated from university, Jacob Jackson founded the AI coding assistant TabNine in 2018. In the past two years, there has been a boom in AI coding assistants. The spike in ChatGPT usage and AI coding assistants has shifted how software developers do their jobs. AdvertisementAI assistants can empower codersMost generative AI coding assistants focus on auto-completion, meaning that the tool suggests code as the programmer types.
Persons: , Jacob Jackson, TabNine, Jackson, Claude, Nikolas Gauvreau, Dan Boneh, Kevin Baragona, Baragona, Gauvreau, he's, David Malan, Malan Organizations: Software, Service, Microsoft, Accenture, Developers, Stanford University, Harvard University, Activision Blizzard Locations: OpenAI, Canada, Brazil, Germany, India
A Google VP said the updates are "a pretty dramatic shift from where we were before." Advertisement"From a user perspective, this is a pretty dramatic shift from where we were before," said Rhiannon Bell, vice president of user experience for Google Search, in a roundtable with reporters. Of course, it leads to questions about how Google Search rankings — an ever-changing, ever-elusive algorithm — will work with these new formats. Using Google Lens to searchGoogle is upgrading Lens, a feature that uses the phone camera to search for information about what it sees. "Today, 20% of all Google Lens searches are actually shopping-related, which is pretty interesting," said Lens product director Lou Wang.
Persons: , Rhiannon Bell, Bell, Lou Wang Organizations: Google, Google VP, Service, Google's, Lens Locations: Lens
Its fund manager, Sean Peche, has a track record in picking winners that have helped the fund beat the S & P 500 over the past two years without owning any of the so-called " Magnificent Seven " technology stocks. The fund manager identified the U.S.-listed Perion Network as its worst-performing stock investment of the year. As an Israeli company not included in major stock indices, the Ranmore fund manager believed it might be undervalued due to reduced investor attention. The Ranmore fund manager noted that the company's cash reserves, which stood at $188 million at the end of 2023, provided some protection against further losses. Despite the setback with Perion Network, Peche remains optimistic about other investments.
Persons: Sean Peche, Peche, Bing, CNBC's Silvia Amaro, Perion, Microsoft's Bing, PERI 1Y, Macron Organizations: Global Equity Fund, Network, Microsoft, Perion, Nippon Locations: U.S, France
A dockworkers strike begins. Back in the States, a dockworkers strike could upend an economy finally on the mend. Tuesday morning marked the start of a dockworkers strike that will shutter dozens of US ports that handle about half of all US ocean imports. The Iranian attack was largely thwarted, and the dockworkers strike could be short-lived. That's thanks in part to strong demand in China.
Persons: , JD Vance, Tim Walz, BI's Brent D, Griffiths, Amir Cohen, Hurricane Helene, it's, Tyler, Paul Podolsky, Kate Capital, Samantha Lee Musk, Jenny Chang, Rodriguez Hey Airbnb, Gen Z, somethings, Critics —, Amazon's, Nicholas Bloom, Eric Adams, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Midwest Nice, REUTERS, US Navy, Bank of America, Northwestern Energy, Bridgewater Associates, Samantha Lee Musk &, mojo, DOJ, Google, BI, Amazon, Stanford, New York City Locations: Israel, Iran, Saudi Arabia, States, Bridgewater, China, Yale, New York, London
New York CNN —The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from investment giant Fidelity. The new valuation from Fidelity implies that it believes X is now worth just $9.4 billion — a far cry from the $44 billion that Musk paid. Other investors could value X differently. Ives said that he believes Twitter was really worth around $30 billion when Musk bought it, and today it’s worth closer to $15 billion. “When Musk bought Twitter, investors didn’t realize we’d be taking off on AI as fast as we are,” Munster said.
Persons: Elon Musk, ” Dan Ives, Ives, Twitter, Musk, Kantar, White supremacists, dumbest, Similarweb, Gene Munster, doesn’t, ” Munster, Munster, Musk’s, didn’t, we’d, Organizations: New, New York CNN, Twitter, Fidelity, Growth, Musk, Wedbush Securities, CNN, Google, Deepwater Asset Management, xAI Locations: New York, United States, X.com
Microsoft on Tuesday announced a major update to Copilot, its AI system, that it says marks the first step toward creating an “AI companion” for users. The updated Copilot has new capabilities, including real-time voice interactions and the ability to interpret images and text on users’ screens. Copilot’s update also reflects Microsoft’s specific vision for how everyday people will use AI as the technology develops. Microsoft AI CEO Mustafa Suleyman contends that people need AI to be more than a productivity tool, they need it to be a kind of digital friend. “I think in the future, the first thought you’re going to have is, ‘Hey, Copilot,’” Suleyman told CNN in an interview ahead of Tuesday’s announcement.
Persons: , Bing, it’s, Mustafa Suleyman, , you’re, ’ ” Suleyman, “ You’re, “ It’s, chatbot, ” Suleyman, “ it’s, Scarlett Johansson Organizations: New, New York CNN, Microsoft, Google, CNN, New York Times, Reuters, Financial Times, Labs, Windows Locations: New York
Amazon recently launched Cedric, an internal AI chatbot, to boost employee productivity. Amazon has repeatedly warned employees not to use third-party AI chatbots, including ChatGPT. Cedric is a "general purpose AI chatbot" that is "safer than ChatGPT," an internal document obtained by BI said. Earlier this year, Amazon formalized internal guidelines that ban external AI tools, including ChatGPT, for business purposes. Approved for 'highly confidential data'Cedric is one of the many AI tools Amazon recently launched or is building internally.
Persons: Cedric, , It's, Amazonians, it's, JP Morgan Chase, That's, Claude, Cedric doesn't Organizations: Amazon, Service, BI, ChatGPT Enterprise, Enterprise, archrival Microsoft, ChatGPT, Apple, Samsung, Cedric, Software, Amazon Web Services Locations: OpenAI
Amazon recently launched Cedric, an internal AI chatbot, to boost employee productivity. Cedric is a "general purpose AI chatbot" that is "safer than ChatGPT," according to an internal document obtained by BI. Cedric's goal is to help Amazon employees increase their productivity and job satisfaction as external AI tools are not available for security reasons, the document added. Earlier this year, Amazon formalized internal guidelines that ban external AI tools, including ChatGPT, for business purposes. Approved for 'highly confidential data'Cedric is one of the many AI tools Amazon recently launched or is building internally.
Persons: Cedric, , It's, Amazonians, it's, JP Morgan Chase, Claude, Cedric doesn't Organizations: Amazon, Service, BI, ChatGPT Enterprise, Enterprise, Microsoft, ChatGPT, Apple, Samsung, chatbot, Cedric, Software, Amazon Web Services Locations: OpenAI
Google struck a $2.7 billion deal with Character.ai., largley to rehire AI expert Noam Shazeer, WSJ reported. It's an eye-popping example of how expensive and in demand top AI talent is as competition heats up. AI career experts told Business Insider it's a bit like pro sports — the superstars are worth it. AdvertisementThere are plenty of stories out there about just how ruthless the hiring wars for AI talent have gotten. Grennan predicted this pattern will continue as the AI talent window stays hot for the next three to four years.
Persons: Noam Shazeer, , Shazeer, he's, it's, Mustafa Suleyman, Karen Simonyan, Andree Mendoza, Mendoza, Sergey Brin, Zuckerberg, Meta, Altman, Conor Grennan, Grennan, Noam Shazeer isn't Organizations: Google, Service, Nvidia, Wall Street, Business, Microsoft, Carex Consulting, Big Tech, NYU's Stern School of Business, Wall, Apple
The structure would be more straightforward for investors and would make it easier for OpenAI employees to realize liquidity, the source added. News of the discussions comes after OpenAI Chief Technology Officer Mira Murati said Wednesday that she is leaving the company after six and a half years. They’re the latest high-level executive to depart OpenAI, which has exploded in popularity and value since releasing the ChatGPT chatbot in late 2022. Murati became a well-known name when OpenAI’s board abruptly ousted Altman last November and Murati was named interim CEO. Days later, Altman was back at the company and Murati moved back to her former role as CTO.
Persons: Mira Murati, Sam Altman, Bob McGrew, Barret Zoph, Murati, , “ There’s, ” Altman, OpenAI, Ilya Sutskever, Jan Leike, John Schulman, Anthropic, it’s, Altman, OpenAI’s, Sutskever, Helen Toner, Tasha McCauley, ” Murati, , ” McGrew, he’s, Mark Chen, Zoph Organizations: Microsoft, Tiger Global, Nvidia, Apple, Street, Tech Locations: OpenAI
We're taking a keen interest because several stocks in the Club portfolio have ties to the startup behind ChatGPT. Co-founder Ilya Sutskever, who had been chief scientist, also left earlier this year and launched a new AI startup. Microsoft Microsoft got the first-mover advantage among big tech firms because of its early investment in OpenAI. As of now, we still haven't heard much about Lilly's exact plan to utilize OpenAI's technology. OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.
Persons: OpenAI, Sam Altman's, There's, Mira Murati, she's, Bob McGrew, Barret Zoph, Altman, Ilya Sutskever, it's, here's, ChatGPT, Jim Cramer, Jim, That's, , OpenAI's, Jensen Huang, Nikesh Arora, Morgan Stanley Morgan Stanley, Morgan, Eli Lilly Eli Lilly, Eli Lilly's, Einstein, Marc Benioff, Jim Cramer's, Sam Altman, Jason Redmond Organizations: Club, Microsoft, Nvidia, Reuters, CNBC, Apple Intelligence, Apple, Bloomberg News, Street, Microsoft Microsoft, Blackwell, Palo, Palo Alto Networks, Employees, OpenAI, Barclays, Jim Cramer's Charitable, AFP, Getty Locations: OpenAI, Redmond, Washington, Palo Alto, Redmond , Washington
The alleged schemes included promoting an AI tool that enabled customers to create fake reviews, advertising an AI lawyer that couldn't live up to real-world attorneys and failing to deliver on promises made about AI-assisted e-commerce businesses. "Using AI tools to trick, mislead, or defraud people is illegal," FTC Chair Lina M. Khan said in a statement. One of the companies singled out by the FTC, DoNotPay, claimed to offer an AI service billed as the "world's first robot lawyer." The FTC also filed a complaint against an online company that provides AI writing assistance tools. Khan, the FTC Chair, said that by going after companies that use unfair or deceptive AI tools, the FTC "is ensuring that honest businesses and innovators can get a fair shot and consumers are being protected."
Persons: Lina M, Khan, DoNotPay, Ecom Organizations: Federal Trade Commission, FTC, Builders
Li-Chen Miller, the vice president of product in charge of Ray-Ban Meta glasses, told CNBC that when she travels, she uses the glasses to take photos of her hotel room door, and later, she asks Meta AI to recall the number. AI that speaksZuckerberg also introduced improvements to its Meta AI chatbot that will allow people to interact with it using their voice instead of written text. Users will now be able to have natural voice conversations with Meta AI, which is accessed through Meta apps like Messenger and Instagram. Users will be able to perform actions using their voice, such as telling Meta AI to take a photo by talking to their smartphone. The new Siri-like Meta AI voice feature will be available over the next month for U.S., Canadian, Australian and New Zealand users of WhatsApp, Instagram, Facebook and Messenger.
Persons: Meta, “ I’ve, ” Zuckerberg, Mark Zuckerberg, Apple hasn’t, Zuckerberg, won’t, EssilorLuxottica, Ban, Ray, Chen Miller, Judi Dench, John Cena, Keegan, Michael Key, Kristen Bell, Siri, OpenAI, ChatGPT Organizations: Labs, Meta, Apple, VR, Amazon Music, Amazon, Quest Pro, Orion, Facebook, CNBC, IDC Locations: Menlo Park , California, Oculus, New Zealand
Markets: The S & P 500 has slipped into the red since the Morning Meeting. By the way, since the Sept. 6 close, the S & P 500 jumped nearly 6%, closing at a record 5,732 on Tuesday. 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, Salesforce, Meta, Dana her, it's, oversold, Mark Zuckerberg, Zuckerberg, Thursday's, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Nvidia, Meta, Microsoft, West Texas, Apple, Micron, Jefferies, Accenture, CarMax, Costco, Jim Cramer's Charitable Locations: China, Menlo Park , California
Bowing to investor pressure, Salesforce has adopted a more disciplined approach to dealmaking, increasing the importance of internal product development. "Agentforce is the product announcement [Salesforce] investors have sought for years," Needham analysts wrote in a recent note to clients. Salesforce stock remains down about 13% from its 2024 peak close and record high of $316.88 a share on March 1. CRM 1Y mountain Salesforce's stock over the past 12 months. Analysts said Salesforce is cheap compared to peers on multiple valuation metrics with ample room to increase free cash flow ahead.
Persons: Salesforce, Jim Cramer, Agentforce, Mulesoft, Needham, Einstein, , Jim, Bofa, Baird, Piper Sandler, Piper, Jim Cramer's, Marc Benioff, Salesforce's Dreamforce, Justin Sullivan Organizations: Wall Street, Nasdaq, Barclays, Saks, Investors, Bank of America, CNBC, Getty Locations: Dreamforce, San Francisco, San Francisco , California
Read previewOpenAI stunned viewers when it showed off ChatGPT's Advanced Voice Mode at its Spring Update event in May. AdvertisementOpenAI will also release five new voices to Standard and Advanced Voice Mode in addition to the four already available. I've been trying out the alpha version of Advanced Voice Mode over the last couple of weeks, so here's what you can expect once you get access. Advanced Voice Mode also didn't give the thoroughness or detail that the text mode offers. ChatGPT's Advanced Voice Mode feels a world apart from Siri or other voice assistants, which don't offer smooth back-and-forth conversations or pick up on emotion.
Persons: , Scarlet Johanson — OpenAI, It'll, Edu, it's, I've, didn't, Siri Organizations: Service, Business, Enterprise, EU, American Locations: Switzerland, Iceland, Norway, Liechtenstein
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