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☆ Jensen Huang hails Elon Musk and xAI for building an AI supercomputer at 'superhuman' speed
▼ + stars: | 2024-10-14 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Nvidia's Jensen Huang praised Elon Musk for building a supercomputer cluster in "19 days." AdvertisementNvidia chief Jensen Huang has praised Elon Musk after his startup xAI built a supercomputer in 19 days, an effort that he said would take others years. xAI built its supercomputer, called Colossus, from a cluster of 100,000 Nvidia H100 GPUs. In an interview with Jordan Peterson on X in June, Musk said it took 19 days to get Colossus from hardware installation to beginning training. Nvidia and Elon Musk didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.

Persons: Nvidia's Jensen Huang, Elon Musk, Huang, —, Jensen Huang, Elon, Musk, Jordan Peterson, X, xAI, Larry Ellison, Elon Musk didn't Organizations: Nvidia, Service, Oracle, Elon, Business Locations: Memphis, Grok, Nobu, Palo Alto

☆ Op-ed: Here's how to incentivize your kid to start investing for retirement
▼ + stars: | 2024-10-13 | by ( Winnie Sun | ) www.cnbc.com time to read: +6 min

While you're doing so, it's also important to consider what counts as "earned income" for a child's Roth IRA. The maximum annual contribution for 2024 is $7,000 or the total of the child's earned income for the year — whichever is less. For instance, if a 16-year-old works at a coffee shop and earns $4,000 over the summer, that $4,000 qualifies as earned income. Earnings from a part-time job, such as working at a grocery store, fast food restaurant, or retail shop, count as earned income. For instance, if a 16-year-old works at a coffee shop and earns $4,000 over the summer, that $4,000 qualifies as earned income.

Persons: Momo, you've, Roth, it's, child's Roth Organizations: Stone, child's Roth IRA, Facebook, IRS

☆ Satya Nadella reportedly calls 2 different CEOs every day — and has 2 favorite questions
▼ + stars: | 2024-10-11 | by ( Jaures Yip | Tim Paradis | ) www.businessinsider.com time to read: +4 min

Microsoft's CEO likes to schedule daily calls with CEOs to expand his network, The Information reported. Satya Nadella's networking reportedly includes leaders from AI but also non-tech industries. AdvertisementSatya Nadella's daily routine consists of waking up at 7 a.m., practicing mindfulness exercises, and, in a new twist, apparently making multiple phone calls to different CEOs. The Microsoft CEO reportedly asks staff to set up two calls a day with other executives of various companies, according to a new report from The Information detailing Nadella's networking strategies. Nadella, who reportedly remained in close contact with Suleyman for several years, eventually hired him to head up Microsoft AI.

Persons: Satya Nadella's, —, Satya, Aravind Srinivas, Pete Carroll, Sam Altman, Rebecca Arnold, Root, Arnold, Nadella, Mustafa Suleyman, Suleyman, There's Organizations: Service, Microsoft, Seattle Seahawks, Consulting, UAE Locations: Nadella

☆ How a nonprofit is using mentoring to mitigate college enrollment gaps for first-generation students
▼ + stars: | 2024-10-11 | by ( Sponsor Post | ) www.businessinsider.com time to read: +8 min

Take the case of high school students without post-secondary role models to inspire them. For first-generation students and students of color in underserved communities, the hurdles have mounted as schools and students navigate complications with financial aid forms and the removal of race-conscious admissions. Since then, the organization has helped 42,000 underserved high school students achieve their goals through mentorship. Starting in students' junior year of high school, mentor pairs participate in weekly online sessions and monthly in-person meetings. Up to 40% of low-income students don't enroll in college the fall after high school graduation despite being accepted.

Persons: Heather D, Wathington, iMentor, aren't, Heather McKenzie, mentees, it's Organizations: Technology, Insider Studios Locations: New York City, iMentor

☆ A social-calendar app that helps friends sync their schedules and make plans raised $8 million. Read its pitch deck.
▼ + stars: | 2024-10-11 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Howbout is a social-calendar app that wants to help friends make plans. The UK-based startup raised an $8 million Series A led by Goodwater Capital. "That person — and it's usually she — is so powerful in her friendship group," Howbout CEO Neil Tanna told Business Insider. Howbout is approaching 5 million users, Tanna said, and is currently ranked No. Read the 12-page pitch deck that Howbout used to raise its $8 million Series A:Note: Some slides have been edited and details have been redacted to share the document publicly.

Persons: —, Neil Tanna, Goodwater Capital's, Chien, Tanna, it's, Howbout Organizations: Goodwater Capital, Service, Friendship, Apple, Tinder, Sony Music

☆ Mom of 12-year-old CEO shares her 2 parenting non-negotiables: 'It's important for the child to be a child'
▼ + stars: | 2024-10-10 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

It's no surprise to Evana Oli that her 12-year-old daughter Zoe is a successful business owner. Beautiful Curly Me boasts brown dolls with natural hairstyles, children's books and hair care products. But after a few months and lots of pestering from Zoe, Oli took $5,000 from her savings to get a prototype of the doll designed ,secure an affordable manufacturer and launch the brand. In 2022, the Beautiful Curly Me brought in revenue in the low six-figures, according to documents reviewed by CNBC Make It. 'It's important for the child to be a child'First: Oli wants to make sure Zoe experiences a normal childhood, she says.

Persons: It's, Evana Oli, Zoe, Oli wasn't, Oli, —, Melernie Meheux Organizations: CNBC, Arizona State University Locations: Atlanta

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Netflix, FedEx, Reddit, Broadcom, Chewy & more
▼ + stars: | 2024-10-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Citi initiates FedEx and UPS as buy Citi said in its initiation note that FedEx and UPS are well positioned. "Netflix remains a compelling growth story with significant room for revenue, earnings, and FCF growth over the next several years." Wells Fargo upgrades Valero to overweight from equal weight Wells said the company is one of the "best independent refiners." Mizuho reiterates Nvidia and Broadcom as outperform Mizuho said it's sticking with its outperform ratings on Nvidia and Broadcom. Wells Fargo reiterates Roblox as overweight Wells Fargo raised its price target on Roblox ahead of earnings in late October to $54 per share from $46.

Persons: underperform Jefferies, Guggenheim, TD Cowen, Cowen, Morgan Stanley, it's bullish, Piper Sandler downgrades Blackstone, Piper, Piper Sandler, Wells, Jefferies, Wolfe, VALE, Chewy, it's, Mizuho, Wells Fargo, Evercore Organizations: Citi, FedEx, UPS, Jefferies, Southwest, Deutsche Bank, Netflix, Deutsche, Inc, MetLife, Barclays, Apple, Apple Intelligence, New York Times, Industry, Nvidia, Broadcom, Mizuho, Lowe's Locations: Valero, underperform, Underperform

☆ Lasers could take broadband where fiber optics can’t
▼ + stars: | 2024-10-09 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

One solution could come from a technology called “free-space optics” (FSO), which uses lasers to transfer data through the air. Fog and rain, but even simple air turbulence, are enough to disrupt the signal, which also requires a stable, direct line of sight between transmitter and receiver. So, despite the advantage of not requiring any licensing or regulation, unlike radio signals such as 5G, FSO broadband has yet to materialize as a commercial reality. Now, Virginia-based company Attochron says it’s ready to launch its own version of it — after more than 20 years of development. Enabling, not replacingAccording to Chaffee, the advantages of bridging the last mile with lasers are many, starting with the fact that it’s comparatively cheaper than laying fiber optics cables.

Persons: Attochron, it’s, Tom Chaffee, “, Chaffee, ” Chaffee, Terabeam, Hazem Refai, Williams, who’s, ”, ” James Osborn, “ It’s Organizations: CNN, NASA, FSO, Lumen, Telecommunication, Networking, University of Oklahoma, of Physics, Durham University Locations: Virginia, ”, Lexington , Virginia

☆ I'm 65 and I refuse to retire. I work multiple jobs and have at least 15 years of work left in me.
▼ + stars: | 2024-10-09 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

The dad of three juggles consulting, mentoring, working as a TV extra, and wedding registrar. He plans to work until at least 80 and runs "I'm Not Done Yet," a support group for older adults. "There are no good, interesting jobs for those over 60 because you can't get them due to ageism," he told me. I'm mentoring a radio presenter in his 20s for no charge. I set up an online networking group, I'm Not Done Yet, of 100 members who are all over 50.

Persons: Andrew Middleton, —, I've, He'd, It's, I'm Organizations: Service, American Express, British Airways, Business Locations: Southern England, London

☆ 5 AI hacks smart people use to accomplish more and stress less at work
▼ + stars: | 2024-10-08 | by ( Jeremy Schifeling | In Schifeling | ) www.cnbc.com time to read: +7 min

Here are five AI hacks smart professionals use to get the most out of AI:1. Head over to Google Forms, click the AI button at the top of the page, and tell the tool what you're looking to accomplish. Zoom In Icon Arrows pointing outwardsYou can use a similar approach beyond survey comments. Zoom In Icon Arrows pointing outwardsThe key here is that AI can do more than just spit out text. Zoom In Icon Arrows pointing outwardsAgain, you can adapt the prompt to help you prepare for any kind of presentation.

Persons: I’ve, you’ve, you've, We've Organizations: Khan Academy, Harvard Business School, University of Texas, Google

☆ Lawyer who twice grilled Trump in NY fraud case now helps lead a 14-state war on 'addictive' TikTok
▼ + stars: | 2024-10-08 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Wallace twice grilled Trump in James' NY fraud case and also gave opening and closing statements. AdvertisementNew York Attorney General Letitia James with assistant attorneys general Andrew S. Amer, center, and Kevin C. Wallace, right. Related storiesAround-the-clock notifications disrupt their sleep, the "autoplay" feature provides an endless stream of videos, and "beauty filters" encourage young girls to "fix" their appearances, the James lawsuit alleges. AdvertisementThe TikTok lawsuit may be another of the kind of yearslong litigation marathons that James' office hasn't shied from since she first took office in 2019. The Trump fraud investigation began in 2018, and also isn't over yet.

Persons: NY AG Letitia James helms, Kevin Wallace, Wallace, Trump, —, Donald Trump, Letitia James, James, Kevin C, David, James ' Goliath, Andrew S, Amer, Brittainy Newman, TikTok, shied, Wayne LaPierre Organizations: NY AG, Service, Donald Trump , New York, Trump, Facebook, New, National Rifle Association Locations: James ', Donald Trump ,, Manhattan

☆ Crypto relationship scams pose 'catastrophic harm,' SEC official says. Here's how to avoid them
▼ + stars: | 2024-10-07 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

krisanapong detraphiphat | Moment | Getty ImagesInvestors are at a heightened risk of cryptocurrency scams tied to fake relationships established over social media, dating apps and networking sites, federal officials warn. Last month, the SEC brought its first-ever enforcement actions tied to crypto relationship frauds. Crypto scam losses 'can be huge'Crypto, examples of which includes bitcoin and ethereum, is a digital currency. watch nowThere are "many variations" of crypto investment fraud, but the most prominent last year was the relationship scam, the FBI said. Jules, a victim of a crypto relationship scam, detailed her experience with the crime on a new FINRA podcast.

Persons: krisanapong, Fraudsters, Grewal, CoinW6, Kim Casci, Palangio, Micah Hauptman, Hauptman, Jules, —, Crispin La Valiente Organizations: Finance, FBI, Securities, Exchange Commission's, SEC, LinkedIn, Federal Bureau of Investigation, Consumers, Support, Financial Industry Regulatory Authority, Consumer Federation of America Locations: Seattle

☆ How Sri Pangulur went from building his own syndicate to co-leading Mayfield's Series B investing practice
▼ + stars: | 2024-10-07 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +7 min

He decided to formally create a syndicate called Overtime VC, investing up to $250,000 in seed and Series A rounds. Through Overtime, Pangulur invested nearly $20 million in 65 companies, with a focus on enterprise infrastructure and apps. Related storiesHe also continued investing through his syndicate, Overtime VC, and brought these firsthand experiences to the founders he advised. 'Cooking' at the Series BPangulur began raising his own venture fund based on the success of his syndicate fund, Overtime VC. Earlier this month, Pangulur announced two new investments he led: a $25 million Series B for billing infrastructure startup Orb and a $28 million Series B for TeamBridge, a workforce operating software startup.

Persons: Pangulur, parlayed, Mayfield, —, hackathons, Navin Chaddha, Chaddha, Lehman Organizations: Tribe Capital, Fund, Service, Security, Mayfield Fund, Case Western University, KeyBanc, Markets, Lehman Brothers, TeleSoft Partners, VC, Mayfield, Spring Fund, Chaddha Locations: Silicon Valley, Michigan, Ohio, North America, CloudFlare, —

☆ A former investment banker who changed careers has 3 tips if you're considering switching industries
▼ + stars: | 2024-10-07 | by ( Jaures Yip | ) www.businessinsider.com time to read: +7 min

Angie Chen left investment banking to become a campaign marketer after feeling burned out. AdvertisementOne year after starting her investment banking job, Angie Chen received her bonus. "I used to feel so cool saying I worked in finance, in investment banking, I'm not going to lie," she told Business Insider. Chen, who made content about her investment banking career on TikTok, said that her social media inspired her to consider entering the marketing industry. Network with 'warmer contacts'While cold messaging on LinkedIn is a common strategy, Chen suggested trying to obtain "warmer contacts," or contacts suggested by mutual connections.

Persons: Angie Chen, Chen, —, I'm Organizations: Service, US Bureau of Labor Statistics

☆ Stocks making the biggest moves midday: Generac, Amazon, Pfizer and more
▼ + stars: | 2024-10-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Generac Holdings — Shares of the maker of power generators surged 8% as Hurricane Milton intensified into a Category 5 storm . Amazon — The e-commerce stock lost 2.9% after Wells Fargo downgraded shares to equal weight from overweight and cut its price target, citing slowing growth and competition from Walmart. Hershey – Shares fell 2% after the chocolate maker was downgraded to neutral at UBS and to market perform at Bernstein. JPMorgan downgraded shares to underweight from neutral, citing dwindling confidence in the Israel-based company grapples with share loss concerns and volume challenge. JPMorgan downgraded shares to neutral, citing limited EPS upside from here.

Persons: Milton, Wells, Chubb, Morgan Stanley, Coty, Ashley Helgans, Arcadium, Bernstein, GLP, Ciena, —, Yun Li, Hakyung Kim, Alex Harring, Jesse Pound, Michelle Fox, Sean Conlon, Pia Singh Organizations: Generac Holdings, Walmart, Pfizer —, CNBC, Insurance, —, Allstate, Travelers, Progressive, Hurricane, Universal Insurance, Air Products, Chemicals, Garmin —, Garmin, Jefferies, Rio Tinto, Hershey –, UBS, Butterfly Equity, JPMorgan, Apple Locations: Florida, Hurricane Milton, Fort Lauderdale , Florida, Wells Fargo, California, Israel

☆ Foxconn beats estimates with record third-quarter revenue on AI demand
▼ + stars: | 2024-10-06 | by ( ) www.cnbc.com time to read: +2 min

Taiwan's Foxconn , the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence servers. Revenue for Apple's biggest iPhone assembler jumped 20.2% year on year to 1.85 trillion Taiwanese dollars ($57.3 billion). "The result exceeded the company's original expectations of significant growth," Foxconn said in a statement on Saturday. Strong AI server demand led to robust revenue growth for its cloud and networking products division, said Foxconn whose customers include AI chip firm Nvidia NVDA.O. It has scheduled its annual Tech Day on Oct. 8-9, an event where Foxconn normally announces new products or partnerships.

Persons: Taiwan's Foxconn, Foxconn Organizations: Apple's, Nvidia, Apple, Tech Locations: Taiwan

☆ A Gen Xer went from a six-figure salary to considering bankruptcy after 1,000 unsuccessful job applications — 'It's like playing the lottery'
▼ + stars: | 2024-10-06 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

In between job applications, he drove for Lyft and landed a job in 2021. Tetpon suspects his age and his industry's intense competition have impacted his ability to land a job. Advertisement"Job seeking initially has become a full-time job again — seven, eight hours a day applying for roles," Tetpon said. Of these applications, he's had nearly 30 interviews, and he made it to the final round for three positions. Between job applications, Tetpon drives five days a week for Lyft, earning about $3,000 a week.

Persons: Sean Tetpon, ageism, —, Tetpon, hasn't, it's, constricting, he's, he'd, I'm, He's, I've Organizations: Service, University of Idaho, IBM, Lyft, BI Locations: America, Atlanta, ageism

☆ Top Wall Street analysts favor these stocks for attractive long-term potential
▼ + stars: | 2024-10-06 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

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

☆ Nvidia stock jumps after CEO Jensen Huang says 'demand for Blackwell is insane'
▼ + stars: | 2024-10-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Nvidia stock rose as much as 5% on Thursday after CEO Jensen Huang noted strong demand for its Blackwell GPU. AdvertisementNvidia stock jumped as much as 5% on Thursday following comments from CEO Jensen Huang about the strong demand the company is experiencing for its next-generation Blackwell GPU chips. "Demand for Blackwell is insane," Huang said in an interview with CNBC on Wednesday after the market close. Advertisement"Blackwell is in full production, Blackwell is as planned," Huang said. Huang emphasized in the interview that Nvidia has its fingerprints all over various layers of the computing stack, from GPU chips to software to networking components.

Persons: Jensen Huang, Huang, Blackwell, —, Larry Ellison, Ellison, Elon Musk, Hopper, we're Organizations: Blackwell, Nvidia, Service, CNBC, Oracle

☆ Bonobos cofounder Andy Dunn has a new IRL social startup. Read the 31-page pitch deck it used to raise $11.5 million.
▼ + stars: | 2024-10-02 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +4 min

Pie, an IRL social startup, raised $11.5 million in Series A funding led by Forerunner Ventures. Founded by Bonobos' Andy Dunn, Pie focuses on in-person connections and events. One of many emerging "IRL social" apps, Pie lets users plan and join in on IRL hangouts. Advertisement"This is venture-backed startups," Dunn said, adding that by the time of Pie's Series B, it will have a monetization engine locked down. Read the 31-page pitch deck that Andy Dunn used to raise Pie's Series A:Note: Pie has redacted details and amended some pages so that the document could be shared externally.

Persons: Bonobos, Andy Dunn, Pie, —, Dunn, Vivek Murthy, Kirsten Green, Ev Williams, Marisa Fanco's, wasn't, " Dunn, Mary Doctor Organizations: Forerunner Ventures, Service, IRL, US, Origin Ventures, Pie's Locations: Chicago, New York City, Los Angeles, San Francisco

☆ A millennial woman says there are benefits to returning to the office, but it hasn't made her more productive
▼ + stars: | 2024-10-02 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +6 min

Advertisement"I knew it was coming," Joy-Ann told BI. She told BI there's a lot to like about being back in a more traditional work environment, but it hasn't made her a more productive employee. Because she works in the office, Joy-Ann said it feels easier to step away from her desk. AdvertisementThat in-person connection can benefit people's careers, as Hannes Schwandt, an associate professor of Human Development and Social Policy, previously told BI. She hasn't seen a productivity boost — yetDespite the benefits, Joy-Ann told BI that working in the office has not made her more productive at her job — at least not yet.

Persons: Ann, —, Joy, hasn't, she's, Hannes Schwandt, Ann said, Ann doesn't, It's Organizations: Service, Amazon, JPMorgan, Apple, Disney, Human, Social Locations: New Jersey, New York City

FoundersCard is an exclusive membership for startup founders, CEOs, entrepreneurs, and innovators. Beyond personal benefits, it can provide direct, tangible benefits to the business or project that you're trying to grow. FoundersCard Membership BenefitsFoundersCard offers a wide range of benefits that can be loosely broken into three categories: savings and discounts, VIP treatment and perks, and exclusive events. British Airways offers FoundersCard members up to 10% off most round-trip fares between the US or Canada and the UK. FoundersCard is a private membership club offering access to exclusive benefits and networking opportunities for entrepreneurs and business professionals.

Persons: — there's, —, FoundersCard, Eric Kuhn, it's, MOO, General Assembly —, isn't, David E, David Organizations: Cathay Pacific, British Airways, . Alaska Airlines, Continental, JetBlue, Mint, American Airlines, Qantas, Australian, Emirates, Singapore Airlines, Apple, General Assembly, Business, Chevron, Yorker, Muhlenberg College, University of Edinburgh, Twitter Locations: Austin, Canada, Continental US, Hawaii, Australia, New Zealand, East, Asia, Africa, Chevron, Slotnick, Scotland

☆ Some techies are leaving cushy Silicon Valley jobs to launch startups at home in India
▼ + stars: | 2024-10-01 | by ( Shubhangi Goel | Charissa Cheong | ) www.businessinsider.com time to read: +11 min

Some expat Indians are moving back home to launch companies of their own. But the chaos, where even established startups are trying and failing, makes India a fair playing field for new entrants, Hassan said. Programs like Startup India, which provides founders benefits like tax exemption, easier compliance, and funding support, have made creating a company smoother. Bhide returned to India in January, leaving behind about $580,000 in total compensation at ticketing platform StubHub. Bhide said the general sentiment among local founders is shifting from "Build from India" to "Build for India."

Persons: —, Nithin Hassan, — Hassan, Hassan, he's, Binod Khadria, Khadia, That's, Ben Mathias, VCs, Mathias said, Devyani Parameshwar, It's, Rohan Bhide, Bhide, Dhruv Anand, Dhruv Anand Dhruv Anand, Anand, Ruchit Garg, Garg, Niranjan Vemulkar, Vemulkar Organizations: Service, Amazon, Microsoft, Meta, Global Research, Diaspora, Business, Vertex Ventures, Indian, Startup, Reliance, Tech, Google Locations: India, Bengaluru, Oyo, Byju's, Asia, Africa, Delhi, Gurugram, Silicon Valley, It's, Mumbai, Bangalore

In this article META Follow your favorite stocks CREATE FREE ACCOUNTA logo of US company's Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. It also accuses the company of retaliation after it allegedly sidelined Napoli and took him off big projects when he raised concerns that the person had been rehired. Before the layoffs, G.F. and Napoli occasionally saw each other in meetings but were no more than "work acquaintances," Napoli said. But just four months later, the company hired G.F. back to a contractor position after he apparently slipped through the cracks in the hiring process, the lawsuit says. Napoli learned his accused stalker was back at Meta when G.F.'s name popped up on Workplace, the company's internal messaging system.

Persons: Porte, Julien De Rosa, James Napoli, Napoli, Mark Zuckerberg, Carrie Goldberg, Peter Romer, Friedman, Meta, it's, Meta didn't, G.F, Luigi, he'd Organizations: Porte de, Afp, Getty, Meta, New York Supreme, Meta's New, CNBC, Facebook, Napoli Locations: Paris, New York, New, Napoli, Meta's, Meta's New York City

☆ No degree? No problem. Inside Blackstone's ambitious plans to internally grow talent for its data centers and other portfolio companies
▼ + stars: | 2024-09-30 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +10 min

It's launched an internal Data Center Academy to find and train candidates to fill the specialized technical positions that can be tricky to hire for. QTS's talent programs have led to 100 new, trained hires, or 8% of the company's total size. Here's how Blackstone's Career Pathways program is helping the firm solve its data center talent problem. So far, the firm has placed five Data Center Academy cohorts in eleven markets. Dawon said the Data Center Academy taught him both hard and soft skills, such as public speaking and the ability to navigate a corporate environment.

Persons: Blackstone, Dawon, —, Steve Schwarzman, It's, Blackstone's, Joe Baratta, Marcus Felder, Felder, it's, Jon Gray, QTS, they've, Kimberly Hines, Alhaji Dawon, hadn't Organizations: Service, Uptime Institute, Blackstone Infrastructure Partners, Blackstone Property Partners, Data Center Academy, Manhattan, Blackstone Investing, Blackstone, Business, Department of Defense, cybersecurity, QTS Locations: QTS, cybersecurity

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