DIRS.INFO The most relevant business & tech news

☆ We're about to enter the Digital Dark Ages
▼ + stars: | 2024-10-15 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

Without laborious renaming, everything behind those links — billions of them, a decade of digital content — will become inaccessible. We're about to enter the Digital Dark Ages. The Department of Veterans Affairs is legally required to preserve all medical records for 75 years after the death of a vet — but it's having problems, in part because of a balky digital records system. "Over the long term, you can't preserve a digital object in its original form," says Manoff, the former MIT librarian. The Dark Ages, as historians used to call the early centuries of medieval Europe, lasted for 500 years.

Persons: Mark Graham, Graham, we're, Marlene Manoff, Loren McClenachan, McClenachan, we'd, Adam Rogers Organizations: Google, Companies, of Alexandria, New York Times, Pew Research Center, Gawker, Los Angeles Herald Examiner, New York Newsday, Paramount, MTV, Comedy, Yahoo Groups, Yahoo, Facebook, Penguin, AOL, Prodigy, Department of Veterans Affairs, Wayback, Wayback Machine, MIT Libraries, Scripps Institution of Oceanography, MIT, Business Locations: Friendster, Key West , Florida, Europe

☆ Most adults agree: Ban phones in schools. But that's the easy part — social media is the harder question.
▼ + stars: | 2024-10-15 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

A new Pew study says nearly 70% of adults agree that schools should ban phones during class. But the broader topic of social media and its effects on teen mental health is still being debated. The US Surgeon General recently suggested social media should come with a warning label for teens. AdvertisementResearch on social media and teen mental health isn't always clearOn the other hand, the argument that social media and phone use are causing a mental health crisis for teens is not as clearly a slam-dunk case. Consider a very recent kerfuffle: A researcher published a meta-analysis of studies on what happens when teens quit social media and suggested that Haidt's research was flawed.

Persons: —, shouldn't, they've, there's, Jonathan Haidt's, Banning, Haidt, Mark Zuckerberg, they're Organizations: Service, Pew Research Center, National Education Association, Meta, US, Big Tech Locations: Oxford

☆ European markets set for positive open, tracking Wall Street higher
▼ + stars: | 2024-10-15 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European stocks are heading for a positive open Tuesday, with global markets broadly tracking gains on Wall Street. The U.K.'s FTSE 100 index is expected to open 40 points higher at 8,324, Germany's DAX up 86 points at 19,586, France's CAC up 27 points at 7,621 and Italy's FTSE MIB up 125 points at 34,653, according to data from IG. The positive start for Europe comes after gains on Wall Street that saw the Dow Jones Industrial Average and the S&P 500 reach new intraday highs and record closes. Asia-Pacific markets were mixed overnight, but regional chip stocks rose, boosted by Nvidia's share price rising 2.4% Monday before closing at a record high. In Europe Tuesday, earnings are set to come from LVMH and Ericsson and data releases include the U.K.'s latest unemployment figures, French inflation data and the Europe and German ZEW index of economic sentiment.

Persons: Germany's DAX Organizations: France's CAC, IG, Dow Jones Industrial, Nvidia's, LVMH, Ericsson Locations: Europe, Asia, Pacific

☆ Taboola is looking to compete with Google and Facebook for small-business clients using a new generative AI tool for ad campaigns
▼ + stars: | 2024-10-15 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

The tool was built using OpenAI's GPT-4o and data input from years of Taboola ad campaigns. They've maxed out Google and Facebook, not because their threshold for margin is tapped, but the way most spend on Google and Facebook, they will spend, and spend, and spend, and they stop because it gets expensive," Singolda said in an interview. Singolda said Abby was designed to help Taboola bring on more advertisers and tackle the onboarding process. And Taboola itself already offers an AI tool called Maximize Conversions that automates its clients' ad bidding strategies. Advertisement"I don't see generative AI tools as likely to drive near-term adoption of new ad platforms among SMBs," Lipsman said.

Persons: Abby, Taboola, —, Adam Singolda, Singolda, Publicis, Andrew Lipsman, Lipsman Organizations: Service, BBC, CBS, Yahoo, Apple News, Business, Google, Facebook, Big Tech, Omnicom, WPP

☆ AI labs are fragmenting because of ego clashes and commercial pressures. It's about to drive a wave of new startups.
▼ + stars: | 2024-10-15 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

There is an impending wave of new startups spinning out of larger AI labs, per Air Street Capital's State of AI report. AI labs are fragmenting due to ego clashes, philosophical disagreements, and commercial pressures. But as AI labs work towards the sector's holy grail, known as artificial general intelligence, those personalities have clashed — sometimes leading to a very public parting of ways. They are just some of the examples in a long line of AI labs that have fractured away from their juggernaut predecessors to form new startups. The exception would be if AI labs pivot toward building a niche model within a specific vertical, he said.

Persons: —, Ilya Sutskever, Andreessen Horowitz, StabilityAI's, H's cofounders, Sam Altman, Noel Hurley, they're, Nathan Benaich, Samir Kumar, Kumar, Peter J, Liu, Hurley, Benaich Organizations: Service, Sequoia, Black, Labs, TechCrunch, Accel, UiPath, NEA, Founders, Air Street Capital, Literal Labs, Touring Capital, Meta, Google Locations: Capital's, Paris, Sutskever

☆ European Central Bank set for third interest rate cut of the year in meeting this week
▼ + stars: | 2024-10-14 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

European flags flutter in front of the European Central Bank (ECB) building prior to a news conference following the meeting of the governing council of the ECB in Frankfurt/Main, Germany, on September 12, 2024. Daniel Roland | Afp | Getty ImagesThe European Central Bank is on course to deliver its third interest rate cut of the year at its meeting this Thursday, as policymakers say inflation risks are easing faster than previously expected. Headline price rises in the euro area cooled to 1.8% in September, below the central bank's 2% target. Bank of France Governor Francois Villeroy de Galhau last week described an October rate cut as "very likely" and said such a step "won't be the last." This led him to forecast ECB rate cuts will take place both this week and at each of the central bank's forthcoming meetings, until the deposit rate hits 2.5%.

Persons: Daniel Roland, Francois Villeroy de Galhau, Villeroy, Christine Lagarde, Joachim Nagel, Germany's Bundesbank, Jack Allen Organizations: European Central Bank, ECB, Afp, Getty, Bank of France, France, European Union, Citi, Media, U.S, U.S . Federal, Barclays, Capital Economics, Reynolds, Bank of America Global Research Locations: Frankfurt, Main, Germany, U.S .

☆ ServiceNow to invest $1.5 billion in the UK to localize AI data processing
▼ + stars: | 2024-10-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Beyond local business expansion, ServiceNow also said it would invest the cash into localizing the processing of data for its large language models (LLMs), AI models that rely on vast quantities of training data to be able to understand and generate text like a human. The firm said that it would bring Nvidia GPUs (graphics processing units) to its data centers based in London and the Welsh city of Newport to support processing of data on its LLMs within the U.K. This will help support "domain specific LLMs" for U.K. clients and governments, ServiceNow said. ServiceNow isn't the only tech giant betting big on the U.K. as a global destination for AI innovation. The AI center forms part of a $4 billion investment Salesforce committed to making in the U.K. over five years in June last year.

Persons: Bill McDermott, ServiceNow, Keir Starmer, hasn't, Salesforce Organizations: Nvidia, International Investment Summit Locations: Davos, Switzerland, Britain, London, Welsh, Newport, Europe, United Kingdom

☆ Capital Area's Malcolm Ethridge names these data centers as the big AI winners
▼ + stars: | 2024-10-14 | 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 EmailCapital Area's Malcolm Ethridge names these data centers as the big AI winnersMalcolm Ethridge, Capital Area Planning Group managing partner, joins 'Power Lunch' to discuss the market and data center stocks he's watching.

Persons: Malcolm Ethridge Organizations: Planning Group

☆ Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
▼ + stars: | 2024-10-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

As CEO of one of the world's largest industrial conglomerates, Honeywell 's Vimal Kapur doesn't think about AI like most individuals. "There is always a trend which makes your skills obsolete, every five years," Kapur said at the recent CNBC Evolve: AI Opportunity Summit in New York City. The AI opportunity for Honeywell is creating a new labor pool that can learn and work alongside AI and accumulate and deploy institutional knowledge much faster. "The future belongs to companies with 'first-order' data sets," he told CNBC "Closing Bell Overtime" anchor Jon Fortt at the Evolve: AI Opportunity event. "Data and data sets are the next frontier for AI," Delangue said.

Persons: Kapur, It's, it's, Jake Loosararian, Jon Fortt, Clément Delangue, Delangue, Katherine Forrest, Paul, Weiss, Garrison, Honeywell's Kapur Organizations: Honeywell, Labor, Nvidia, Gecko Robotics, CNBC, Amazon, Google Locations: New York City, industrials, Rifkind, Wharton

☆ Microsoft lost billions of dollars on HoloLens, and its huge IVAS military contract is in trouble
▼ + stars: | 2024-10-14 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

The company's 10-year IVAS contract to make goggles for the Army is worth up to $22 billion. HoloLens historyMicrosoft's HoloLens device was unveiled in 2015. While the 10-year IVAS contract was expected to be worth as much as $22 billion, it suffered delays and has been plagued by quality and performance problems . AdvertisementIn September, Microsoft tapped Anduril to help with its military contract. Palmer Luckey, a virtual-reality pioneer who founded Anduril, recently described the IVAS contract as his "top priority."

Persons: —, That's, that's, It's, HoloLens, Alex Kipman, Kipman, Panos Panay, Palmer Luckey, Ashley Stewart Organizations: Microsoft, Service, US Army, US Department of Defense, Department of Defense, Google, BI, Amazon, Meta, Apple, Labs, Bloomberg, Breaking Defense Locations: IVAS

☆ Watch CNBC’s full interview with Capital Area Planning Group's Malcolm Ethridge
▼ + stars: | 2024-10-14 | 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 EmailWatch CNBC’s full interview with Capital Area Planning Group's Malcolm EthridgeMalcolm Ethridge, Capital Area Planning Group managing partner, joins 'Power Lunch' to discuss the market and data center stocks he's watching.

Persons: Malcolm Ethridge Malcolm Ethridge Organizations: Capital, Planning Group

☆ Bank of America thinks this senior housing stock trouncing the market has another 50% run to go
▼ + stars: | 2024-10-14 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Unappreciated aspects of Welltower , a real estate investment trust, or REIT, that invests in health-care infrastructure, are likely to translate into long-term growth ahead, according to Bank of America. Analyst Joshua Dennerlein reiterated his buy rating on the S & P 500 company, which owns senior housing as well as post-acute care and outpatient medical facilities. He also increased his price target by $61 to $190, the highest on the Street, according to FactSet, which implies nearly 52% upside from Friday's close. This year, the stock has been on a monster run, soaring about 41%, excluding reinvested dividends, versus 22.5% for the S & P 500. The Bank of America recommendation joins several other analysts on Wall Street who are bullish on Welltower.

Persons: Joshua Dennerlein, Welltower, Dennerlein, — Organizations: Bank of America, of, Wall Locations: Toledo , Ohio

☆ Goldman Sachs says these stocks are a table-pounding buy ahead of earnings
▼ + stars: | 2024-10-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Analysts at Goldman Sachs named a slate of stocks to snap up as earnings season gets underway. Those names include LivaNova , Spotify Technology, TKO Group and ServiceNow. TKO Group The sports media company and owner of the UFC is firing on all cylinders ahead of earnings in November. TKO Group shares are up 56% in 2024. LivaNova Analyst David Roman and his team recently initiated coverage of LivaNova with a buy rating.

Persons: Goldman Sachs, Eric Sheridan, Sheridan, Christian Luiga, Stephen Laszczyk, Laszczyk, David Roman, Roman, LivaNova Organizations: Goldman, Spotify Technology, Spotify, UFC, TAM, Sports Media

☆ These stocks are best-positioned to gain in the next wave of AI investment, Goldman Sachs says
▼ + stars: | 2024-10-11 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

In the next wave of investment, Goldman Sachs analysts recommend "platform" stocks like Microsoft and Datadog. In the next round of AI investment, Goldman Sachs analysts say investors should look past the obvious picks—Nvidia and AI infrastructure companies—and toward a select set of platforms set to build out a direct application of AI. "Our equity analysts believe 'platform' stocks, including databases and development tools, are set to be the primary beneficiaries of the next wave of generative AI investments. AdvertisementThe analysts name Microsoft, DataDog, MongoDB, Elastic, and Snowflake as the best-positioned platform stocks as they roll out AI-integrated applications. AdvertisementThe analysts' comments come after flows into AI stocks dwindled over the summer as traders expressed worries over returns on big AI spending.

Persons: Goldman Sachs, — Organizations: Microsoft, Service, Nvidia, Federal Reserve Locations: Snowflake

☆ Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
▼ + stars: | 2024-10-11 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

CoreWeave, an Nvidia -backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to expand its business and data center portfolio. In the past, CoreWeave has supplied Microsoft and French AI startup Mistral with graphics processing units, or GPUs. And in addition to developing the chips, Nvidia has taken stakes in emerging AI companies like CoreWeave, partly as a way to make sure its technology gets widely deployed. Last week, OpenAI received a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion. Many of the same banks contributed to OpenAI's credit line.

Persons: it's, CoreWeave, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Mike Intrator, CoreWeave's, OpenAI Organizations: Nvidia, London, Microsoft, JPMorgan, Barclays, Citi, Deutsche Bank, Jefferies, Mizuho Locations: Austin , Texas, Chicago, Las Vegas, French, MUFG, Wells Fargo

☆ What internet data brokers have on you — and how you can start to get it back
▼ + stars: | 2024-10-11 | by ( Barbara Booth | ) www.cnbc.com time to read: +17 min

Inside data brokers' massive vaultCybersecurity experts estimate that data brokers collect an average of 1,000 data points on each individual with an online presence. Little oversight around data privacyThe lack of comprehensive regulation around data privacy allows data brokers to operate with little oversight, unlike the General Data Protection Regulation (GDPR) in the European Union. Opt-out links and instructions are readily available for most of the major data brokers: ExperianTransUnionLexisNexisEpsilon But data privacy experts says reclaiming or deleting your data from brokers can be a deliberately complex process that is not only time-consuming but frustrating. "With AI, data brokers will create even more detailed and predictive profiles, incorporating everything from biometric data to behavioral tracking," Abed said. Until regulation steps in, data brokers will continue to collect as much data as possible.

Persons: Pew, Arjun Bhatnagar, Roger Grimes, Jeff Chester, Chester, I'm, Bruno Kurtic, Chris Henderson, Chelsea Magnant, Rob Hughes, Kurtic, Cloaked's Bhatnagar, Henderson, Javad Abed, Abed Organizations: Pew Research, Social, LexisNexis, Epsilon, OneRep, Center for Digital Democracy, D.C, Bedrock Security, National Security Agency, CNBC, Data Protection, European Union, NYU's Center for Global Affairs, Brunswick, RSA, U.S, Consumers, Consumer, Engage, Federal Trade Commission, FTC, Johns Hopkins Carey Business School Locations: Washington, California, U.S, Chester

Meanwhile, Jefferies began coverage of Reddit with a buy rating and a price target of $90. Champine said the Federal Reserve lowering interest rates was a driving force for the price target changes. Analyst William Kerr initiated coverage of the pet ecommerce retailer with a buy rating and $38 price target. RBLX YTD mountain RBLX in 2024 — Alex Harring 5:50 a.m.: Citi says UPS is a buy Buy the dip on UPS shares, according to Citi. Analyst Ariel Rosa initiated the delivery giant with a buy rating and a price target of $162.

Persons: Jefferies, Laura Champine, Champine, Helene, Milton, Lowe's, — Alex Harring, Piper Sandler downgrades Blackstone Piper Sandler, Crispin Love, Love, Blackstone, Morgan Stanley, Sanjit Singh, Singh, Alex Harring, TD Cowen, William Kerr, Kerr, Benjamin Soff, Soff, Ken Gawrelski, Gawrelski, Roblox, Ariel Rosa, Rosa, — Fred Imbert, John Colantuoni, Colantuoni, EBITDA Organizations: CNBC, Wednesday, Citi, UPS, Capital, Federal Reserve, Blackstone, Industry, Deutsche Bank, New York Times, Amazon Logistics, Walmart Locations: Wells, China, Tuesday's

☆ Stocks making the biggest moves premarket: Boeing, Alphabet, Blackstone, GitLab and more
▼ + stars: | 2024-10-09 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Reddit — Shares rose more than 2% after Jefferies initiated research coverage with a buy rating and a Sreet-high price target. Rio Tinto , Arcadium Lithium — The two minerals stocks moved in opposite directions after the companies announced a deal for Rio Tinto to buy Arcadium for $5.85 per share. Shares of Rio Tinto dipped 1.2%, while shares of Arcadium surged 30%. GitLab — Shares rose 5% after Morgan Stanley initiated research coverage of the software stock with an overweight rating . Chewy — Shares rose nearly 2% after TD Cowen initiated research coverage of the pet products retailer with a buy rating.

Persons: Jefferies, Blackstone — Piper Sandler, Morgan Stanley, Sanjit Singh, Nio, TD Cowen, — CNBC's Sean Conlon, Lisa Han, Alex Harring, Jesse Pound, Hakyung Kim Organizations: Boeing, Department, Rio Tinto, Federal, Cruise, Citigroup, Citi Locations: Rio, Arcadium, Nio —

☆ Tuesday analysts calls: Microsoft cut on worries over Open AI; Wells Fargo, Humana upgraded
▼ + stars: | 2024-10-08 | by ( Pia Singh | In | ) www.cnbc.com time to read: +6 min

A Wolfe Research analyst raised his view on troubled bank stock Wells Fargo, reasoning that regulatory and interest rate risks both are priced into the stock. However, analysts at Oppenheimer lowered their views on high-flying tech stock Microsoft on fears that OpenAI losses could hamper performance. Delta's stock price has gained nearly 23% this year, but is in the red for the quarter. Chubak sees downside to consensus 2026 earnings across the board for the group — but that the risk is better captured in the current valuation of major banks including Wells Fargo. WFC YTD line Wells Fargo stock performance Chubak upgraded Wells Fargo to outperform from peer perform and kept his $65 price target on the stock, which implies 13.7% potential upside.

Persons: Wolfe, Bernstein, Oppenheimer, Bernstein Bernstein, David Vernon, Vernon, — Pia Singh, Timothy Horan, Horan, Lance Wilkes, Wilkes, Steven Chubak, Wells Fargo, Chubak Organizations: CNBC, Humana, Microsoft, Southwest Airlines, STARS, Wolfe Research, WFC Locations: Wells, Delta, Vernon, Atlanta, Wells Fargo

☆ Ark Invest expects this tech stock to disrupt Big Tech firms
▼ + stars: | 2024-10-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Big Tech companies will face stiff competition over the coming years, with emerging players in software and data management taking market share, according to Ark Invest. Mega-cap U.S. firms such as Microsoft , Amazon , Google , and Oracle have led the charge in the rise of artificial intelligence. Palantir Palantir, a data analytics company, appears to be providing customized AI and data services to its customers, compared with off-the-shelf products from Big Tech giants. The value of Palantir's services becomes even more compelling when combined with AI capabilities, according to Ark's Bhushan. So Palantir goes in, and it consolidates all this data," Bhushan noted.

Persons: Rahul Bhushan, CNBC's, Bhushan, Palantir, Ark's Bhushan, PLTR Organizations: Big Tech, Invest, Microsoft, Google, Oracle, Ark Invest, Amazon Web Services, Ark Venture

☆ Techies, salespeople, and industry execs arrive in Las Vegas for the Mobile World Congress trade show
▼ + stars: | 2024-10-08 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

Mobile World Congress, a mobile communications trade show, is coming to Las Vegas this week. Techies, salespeople, and industry executives are arriving in Nevada this week for MWC Las Vegas, which kicks off today. The annual mobile-communications trade show brings more than 250 exhibitors, sponsors, and partners to the Las Vegas Convention Center in Sin City from Tuesday to Thursday. 5G technology is on track to add $210 billion in GDP to the North American economy by 2030, GSMA's "Mobile Economy North America" report said. The trade show in Vegas comes more than seven months after Mobile World Congress Barcelona, which is also hosted by GSMA.

Persons: —, Lara Dewar, GSMA, Dewar, Booz Allen, Ulf Ewaldsson, Nvidia's, Ronnie Vasishta, Shankar Arumugavelu, Randi Zuckerberg, Hug, Mark Zuckerberg's Organizations: Mobile, Las, Service, MWC Las Vegas, Nvidia, Salesforce, Las Vegas Convention, MWC, Vegas, Enterprise, GSMA Intelligence, Verizon, Qualcomm, Cisco, Microsoft, Samsung, Apple, Apple Intelligence, Google, MWC Americas, Congress Barcelona, GSMA, Motorola, Lenovo, Verizon Global Services, Department of, Air Force's Locations: Las Vegas, Nevada, Sin City, North, America, Vegas, Venice

☆ Jim Cramer says he likes Microsoft stock despite an analyst downgrade. Here's why
▼ + stars: | 2024-10-08 | 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. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the 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, he's, Banks, Wells, Wolfe, That's, Jim, Oppenheimer, they're, They're, we've, Stocks, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, Apple, Procter & Gamble, Federal Reserve, Wolfe Research, Microsoft, Analysts, PepsiCo, Holdings, Otis Worldwide, Qualcomm, Disney

☆ Generac CEO says pressure on the power grid 'is only going to get worse' from weather and technology
▼ + stars: | 2024-10-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Tuesday interview with CNBC's Jim Cramer, Aaron Jagdfeld, CEO of generator company Generac , warned that the pressure on the power grid is only going to increase, burdened by a massive crop of new data centers and more severe weather. Although the U.S. is adding more solar and wind power, Jagdfeld noted that these sources are "intermittent by their nature," and the increased demand for technology like artificial intelligence and electric vehicles will continue to weigh on the grid. Another deadly storm, Milton, hit Category 5 status on Tuesday and is predicted to ravage Florida's Tampa Bay region on Wednesday. I mean, the air temperatures are warming, the water temperatures are warming," Jagdfeld said. "We can debate what caused it, but I think the reality of it is the, the outcome is more extreme weather."

Persons: CNBC's Jim Cramer, Aaron Jagdfeld, Jagdfeld, Hurricane Helene, Milton Organizations: U.S . Locations: U.S, Florida's Tampa Bay

☆ Geoffrey Hinton, the 'godfather of AI' who warned of its existential risk, awarded Nobel Prize for Physics
▼ + stars: | 2024-10-08 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Geoffrey Hinton and John J. Hopfield have been awarded the 2024 Nobel Prize in Physics. The pair won for their inventions that enable machine learning with artificial neural networks. AdvertisementGeoffrey Hinton, often dubbed the "Godfather of AI," and John J. Hopfield have been awarded the 2024 Nobel Prize in Physics. The Royal Swedish Academy of Sciences announced Tuesday that it had recognized Hinton and Hopfield "for foundational discoveries and inventions that enable machine learning with artificial neural networks." The computer scientist has been widely regarded as a pioneer of machine learning.

Persons: Geoffrey Hinton, John J, Hopfield, —, Hinton, Foundation didn't Organizations: Service, Royal Swedish Academy of Sciences, Big Tech, British, Google, University of Toronto, Foundation, Business Locations: Hinton, Canadian

☆ Adtech is undergoing an exec shake-up as investors seize control and startups enter a new era
▼ + stars: | 2024-10-07 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Louisa Wong stepped down as chief executive of Gamut Capital-owned XR Xtreme Reach in August. In July, Dave Clark left his role as chief executive of Triplelift. Those experts — bankers, adtech executives, and consultants — told Business Insider that the revolving door is likely to continue over the next six months as investors press adtech companies for growth. AdvertisementAs TV viewing grew fragmented, several adtech companies that took on investment in recent years positioned themselves as rivals to ratings giant Nielsen. The increasing complexity for advertisers offers opportunities for adtech companies to innovate.

Persons: —, there's, Louisa Wong, Chandler Bigelow, Doug Knopper, Jo Kinsella, Dave Clark, Triplelift, Eric Roza, Ross McCray, Peter Liguori, Axios, Chris Karl, Blackstone, Mark Wright, Wright, Karl, JEGI, Prohaska's Wright, Nielsen, hasn't, There's, Megan Clarken, Criteo, Domenic Venuto Organizations: CTV, Service, Vista Equity, Vista Credit Partners, Google, Prohaska Consulting, Public, CIL Management, Amazon, Nielsen, Walmart, Progress Partners, Horizon Media

Search resuls for: "and Data"

25 mentions found