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Google CEO Sundar Pichai says the company got it wrong as controversy swirls over its Gemini AI. Pichai made the comments in a memo sent to staff and obtained by Business Insider. Google faced backlash after users complained Gemini was generating historically inaccurate images. AdvertisementGoogle CEO Sundar Pichai says the company "got it wrong" after its flagship AI system Gemini showed bias, which sparked backlash from some users. In a memo sent to employees, which Business Insider obtained, Pichai acknowledged the recent controversy over Gemini.
Persons: Sundar Pichai, Pichai, Gemini, , Semafor, Bard Organizations: Gemini, Business, Google, Service
Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. In a memo Tuesday evening, Google CEO Sundar Pichai addressed the company’s artificial intelligence mistakes, which led to Google taking its Gemini image-generation feature offline for further testing. Google introduced the image generator earlier this month through Gemini, the company’s main group of AI models. Over the past week, users discovered historical inaccuracies that went viral online, and the company pulled the feature last week, saying it would re-launch it in the coming weeks. This has to be our approach for all our products, including our emerging AI products.”Read the full text of the memo here:
Persons: Sundar Pichai, Emily Chang, Pichai, , ” Pichai, Bard, Gemini, “ We’ve, Organizations: APEC, Summit, Moscone West, Google, Semafor, Gemini Locations: San Francisco , California
Google CEO Sundar Pichai says the company got it wrong after its flagship AI system Gemini showed bias, which sparked backlash from some users. In a memo sent to employees, which Business Insider obtained, Pichai acknowledged the recent controversy over Gemini. Pichai said in the memo: "I want to address the recent issues with problematic text and image responses in the Gemini app (formerly Bard). Pichai appeared to acknowledge some of this criticism in the memo sent to staff. Read the full memo that Pichai sent to staffers:
Persons: Sundar Pichai, Pichai, Semafor, Bard, Elon Musk, Adolf Hitler, Gemini, Hitler Organizations: Google, BI, Tesla, Business
Democratic former Rep. Tom Suozzi won Tuesday night's special election in New York. As a result, Trump took to Truth Social to insult the GOP's losing candidate, Mazi Pilip. AdvertisementFormer President Donald Trump railed against the GOP's losing candidate in New York's 3rd Congressional District's special election on Tuesday, attributing her loss to not having supported him enough. Democratic former Rep. Tom Suozzi bested Republican candidate Mazi Pilip on Tuesday by just under 8 percentage points, surpassing expectations set from prior polling amid a heavy New York snowstorm. Trump wrote, referring to Pilip being registered to vote as a Democrat for over a decade when chosen as the GOP's nominee.
Persons: Tom Suozzi, Trump, Mazi, , Donald Trump, Mazi Pilip, Republican Party's, lambasting Pilip, Mazi Melesa, George Santos, MAGA, Santos, Semafor Organizations: Democratic, Rep, Service, New, Republican, Republicans, THE REPUBLICAN, House, New York House Republicans, Base Locations: New York, America, New York's, York, New
Look no further than Tuesday night when House Republicans plowed ahead with two votes that they didn't have to hold. AdvertisementAcross the Capitol, Senate Minority Leader Mitch McConnell is facing increasing calls for him to step aside after conservatives nuked a bipartisan border security-Ukraine aid deal that some Republicans themselves said they had wanted. After all, it was Trump who instructed Republicans to kill the bipartisan immigration deal before the text was actually released. "Politics used to be the art of the possible," Sen. Mitt Romney, a Utah Republican, told reporters, per Semafor. "Some of them have been very clear with me that they have political differences with the bill," Lankford said in a floor speech on Wednesday.
Persons: Mike Johnson, befuddled, Al Green, it's, Johnson, Mitch McConnell, nuked, McConnell, Trump, Donald Trump, George W, Bush, Sen, Mitt Romney, We've, James Lankford, Lankford, Joe Biden Organizations: Service, Republicans, Republican Party, Business, GOP, Texas Democrat, Politico, Democratic, Democratic Senate, Utah Republican, Chamber of Commerce, Border Patrol Union, Trump, Oklahoma Republican Locations: Washington, Texas, Ukraine, Iraq, Utah, Oklahoma
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNY Community Bancorp plunge: What it means for regional banking sector at largeLiz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss turmoil facing New York Community Bancorp, what it means for the regional banking sector at large, and more.
Persons: Liz Hoffman Organizations: Bancorp, New, Community Bancorp
The Messenger, a startup digital news website that launched in May, is shutting down after reports that it was running out of money, an executive at the outlet who has been briefed on the matter told NBC News on Wednesday. The Messenger launched in May with Jimmy Finkelstein, who previously owned The Hollywood Reporter and The Hill, at the helm. It promised to provide "thorough, objective, non-partisan, and timely news coverage" in a time of bias and misinformation. Earlier this month, Semafor reported that The Messenger's board was considering shutting down the website as the outlet was set to run out of funds by the end of January. A day before staff were informed they were now without jobs, The New York Post reported that Finklestein was working to secure deals to inject new revenue into The Messenger to keep the site going.
Persons: Jimmy Finkelstein, Semafor, Finklestein, Conde Nast Organizations: NBC News, Hollywood, New York Post, Los Angeles Times, Forbes, Time, Sports Illustrated, Tech Crunch, Business
Listen, I'm not saying that all the good vibes Americans are suddenly feeling about the economy boil down to stocks, gas prices, and eggs. What improved America's economic vibes was basically three things: the soaring stock market, falling gas prices, and eggs. Research shows that consumers feel more pessimistic when gas prices go up — James Surowiecki points out in The Atlantic that high gas prices also make people less happy and more likely to hate the president. If oil prices stay relatively low and, in turn, keep gas prices down, less exasperated drivers could help Joe Biden keep his job come November. There are all sorts of geopolitical threats and unknowns that could throw global trade and oil prices (and thus gas prices) into chaos.
Persons: I'm, there's, There's, Jordan Weissmann, , It's, James Surowiecki, Joe Biden, they're, Emily Stewart Organizations: University of, Dow, Federal Reserve Bank of San, AAA, Research, Bureau of Labor Statistics, Times, Business Locations: America, The
Read previewAnna Wintour is famous for her intimidating black shades — and one writer says she didn't remove them while laying off workers at music site Pitchfork. This story is available exclusively to Business Insider subscribers. Allison Hussey, a former staff writer for Pitchfork, wrote on X that the longtime Vogue editor kept her sunglasses on in a meeting informing staff they were losing their jobs. Wintour was elevated to global chief content officer of Condé Nast and global editorial director of Vogue in 2020. Condé Nast did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Anna Wintour, Allison Hussey, Wintour, Condé Nast, Anna Wintour —, Hussey, Puja Patel, Semafor, Meryl Streep's, Wears, Meryl Streep, Catherine Martin, Baz Luhrmann, Vittorio Zunino Celotto, Lauren Indvik Organizations: Service, Pitchfork, Business, Vogue, GQ, Fox, CNN, Financial, Ritz Locations: London
The topic of Donald Trump has dominated dinners and parties at Davos, with many in attendance at the World Economic Forum mulling the former president's potential return to the White House after his resounding Iowa caucus victory. 2024 predictionsJamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Steve Schwarzman, Chairman, CEO & Co-Founder Blackstone Group, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBCBlackstone CEO Stephen Schwarzman expressed another common theme among executives — that both Trump and U.S. President Joe Biden are flawed choices. Marc Benioff, co-founder, chairman and CEO Salesforce, speaking with CNBC's Sara Eisen at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.
Persons: Donald Trump, Evelyn Hockstein, , I'm, Trump's, Jamie Dimon, JPMorgan, Adam Galici, Jamie Dimon wouldn't, CNBC's, Dimon, Biden, Trump, he's, Steve Schwarzman, Stephen Schwarzman, Joe Biden, Schwarzman, Ben Smith, Smith, Marc Benioff, Salesforce, Bloomberg's Brad Stone, CNBC's Sara Eisen Organizations: Reuters, Switzerland — Global, Washington , D.C, Trump, ., JPMorgan Chase, CNBC, NATO, White, U.S, Capitol, Blackstone Group, CNBC Blackstone, Biden, Wall Street Locations: Des Moines , Iowa, U.S, Reuters DAVOS, Switzerland, Washington ,, Davos, Trade, China, Mexico, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBen Smith on 2024 Davos takeaway: An attempt to walk away from 'a progressive political posture'Semafor co-founder and editor-in-chief Ben Smith joins 'Squawk Box' to discuss the 2024 World Economic Forum in Davos, Switzerland, key takeaways this week, and more.
Persons: Ben Smith Locations: Davos, Switzerland
That explains why Trump got about half of all the Republican votes in Iowa, leaving DeSantis far behind. That should tell you a lot about Iowa voters, but enough of them also voted for DeSantis and Haley. When I spoke to the Haley campaign early Monday morning, before the Iowa caucuses had begun, they said they were shifting toward Trump, seemingly writing DeSantis off as their closest threat. DeSantis himself said last week that his finish in Iowa could “upend” Trump’s lead in the GOP primary. Join us on Twitter and FacebookAnd as one DeSantis campaign committee member said, “a close second would be a successful outcome,” and “third place is not good.”Needless to say, DeSantis did not win.
Persons: Donald Trump’s, Ron DeSantis, Patrick T, Brown, Donald Trump, Michael Brendan Dougherty, Christopher Rufo, DeSantis didn’t, I’d, Elon Musk, Semafor’s David Weigel, dinging Trump, It’s, Trump, Nikki Haley, Haley, George W, she’s, Nikki Haley wasn’t, They’re, Ron DeSantis ’, MAGA, Joe Biden’s, , She’ll, DeSantis, Kim Reynolds, , it’s Haley Organizations: CNN, Florida Gov, Republican, Manhattan Institute, Twitter, Elon, Trump, Republican Party, Public Policy Center, South Carolina Gov, Iowa Republicans, Iowa, DeSantis, Iowa Caucus, Iowa Gov, GOP, Facebook, New Hampshire Locations: Iowa, Florida, America, New Hampshire, Washington ,, New
The layoffs include hundreds of employees who work on some of the company’s most recognizable products, including Google Assistant, the voice-activated software that helps users check the weather, set timers and quickly look up facts. The Google Assistant layoffs are at least partly driven by a shift in focus toward artificial intelligence, Google said, amid plans to more deeply integrate the company’s latest AI models into its products. Google is working to find other roles for some of the affected employees amid the restructuring, the company said. “We’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” a Google spokesperson said in a statement. The layoffs were earlier reported by Semafor and 9to5 Google, which also reported that Fitbit co-founders James Park and Eric Friedman are departing Google as part of this week’s changes.
Persons: , , Semafor, Fitbit, James Park, Eric Friedman Organizations: Washington CNN, Google, CNN
Read previewThere might be welcome tax news for parents and businesses soon — if legislators are finally able to wrangle a deal. "We've made a substantial kind of progress," Wyden told Semafor. AdvertisementRyan Carey, a spokesperson for Wyden, told BI last week that discussions were "ongoing" and "productive." At the same time, Democrats have been pushing for some renewal of pandemic-era expansions to the Child Tax Credit that expired in December 2021. Wyden told Semafor that he'd want the package in front of President Joe Biden by January 29, when filing season begins.
Persons: , Ron Wyden, Jason Smith, Semafor's Joseph Zeballos, We've, Wyden, Semafor, Smith, Ryan Carey, Carey, Spokespeople, Donald Trump's, Joe Biden Organizations: Service, Senate, Democrat, Tax, Business, Senate Finance, Child Tax, American, Child, ARP CTC
New York CNN —Crypto’s 14th year in existence was one marred by scandal, bankruptcy, fraud and regulatory squabbling. Bitcoin, the crypto’s bellwether asset, is up 160% for the year. “It was the year of crypto’s resiliency,” Kyla Curley, a crypto expert and partner at global advisory StoneTurn, tells CNN. “Fraud is fraud,” Curley says, “Regardless of the technology or the industry … you cannot stop human nature. Adding to that bullish sentiment: the bitcoin halving, or, more menacingly, “the halvening.”While it’s often a buy-the-hype-sell-the-news kind of event, the halving does tend to push bitcoin higher.
Persons: New York CNN —, , , Sam Bankman, Zhao, Alex Mashinsky, Heather “ Razzlekhan ” Morgan, Ilya Lichtenstein, , Bonnie, Clyde ’, Bitcoin, crypto’s, ” Kyla Curley, ” Curley, Changpeng Zhao, Eduardo Munoz, Costas Baltas, Faryar Shirzad, bitcoin, ” Antoni Trenchev, ” Trenchev, Warren Buffett, Anthony Scaramucci, “ Bitcoin Organizations: New, New York CNN, New York CNN — Crypto’s, CNN, Department of Justice, crypto’s, grifters, Bitcoiners, SkyBridge Locations: New York, SBF, Bitcoin
Kristin Davison, the chief executive officer of the Never Back Down super PAC, and Erin Perrine, the communications director, have parted ways with the group, said the sources, who requested anonymity to discuss personnel matters. In a statement, Never Back Down spokesperson Jess Szymanski said long-time DeSantis ally Scott Wagner would now take over as CEO. As a super PAC, NBD can receive donations of unlimited size, but cannot coordinate with the campaign directly. DeSantis allies recently formed a new Super PAC, dubbed Fight Right, which is focusing on attacks against former U.S. Both DeSantis and Haley trail former President Donald Trump in the race for the Republican presidential nomination by over 40 points in most national polls.
Persons: Ron DeSantis, Vincent Alban, Kristin Davison, Erin Perrine, Davison, Jess Szymanski, Scott Wagner, Semafor, NBD, Nikki Haley, DeSantis, Haley, Donald Trump, Perrine, Gram Slattery, Chizu Organizations: Republican, Florida, REUTERS, Rights, Politico, Super PAC, U.S, Thomson Locations: Newton , Iowa, U.S, Florida, NBD
Investor Vinod Khosla predicts AI will result in free lawyers, doctors, and tutors in 10 years. The 68-year-old billionaire said given AI's impressive capabilities, "I do think in 10 years we'll have free doctors, free tutors for everybody, and free lawyers so they can access the legal system." "This large transformation is the opportunity to free humanity from the need to work," Khosla told Semafor in an interview. Still, Khosla told Business Insider in October he doesn't want to place too big of a bet on AI at the moment. Given the hype around the technology, Khosla thinks that AI startups are overvalued, and that only a few will survive.
Persons: Vinod Khosla, Khosla, , Eric Newcomer's, we'll, Semafor, doesn't Organizations: Service, Khosla Ventures Locations: OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI employees are reaching out to other companies despite Sam Altman's return: Reed AlbergottiReed Albergotti, Semafor technology editor, joins 'Squawk Box' to discuss the state of A.I. technology devleopment, the lingering unease among OpenAI staff following Sam Altman's firing and rehiring, and more.
Persons: Sam Altman's, Reed Albergotti Reed Albergotti Locations: A.I
Sam Altman is back in charge of OpenAI but some employees are still feeling nervous, per Semafor. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementOpenAI's CEO Sam Altman may be back in charge but some employees are still feeling uneasy. According to one of the outlet's sources, rival AI company Cohere has received several inquiries from OpenAI employees in recent days. AdvertisementAI companies Hugging Face and Cohere told CNBC they've had more customer inquiries following Altman's ousting and reinstatement as CEO.
Persons: Sam Altman, , Semafor, Altman, We've, Sam, Cohere, Marc Benioff, Salesforce's Einstein, CNBC they've, Clément Delangue, OpenAI Organizations: Service, Salesforce's, CNBC Locations: OpenAI
Mike Rogers is restrained by Richard Hudson after getting into an argument with Matt Gaetz as House Republican Leader Kevin McCarthy walks away. AdvertisementWhat happened: Greene called Boebert a "little bitch" on the House floor, according to The Daily Beast. When asked about it, Boebert told CNN, "I'm not in middle school." After his vote, Burchett told CNN that McCarthy had mocked his faith when he told then-speaker that he was praying over his decision. The aftermath: McCarthy told CNN that he did not purposefully run into Burchett.
Persons: , Rock, Bill, John Boehner, Don Young, Donald Trump's, Joanne Freeman, Matt Gatez, flexes, Win McNamee, Mike Rogers lunges, Matt Gaetz, Kevin McCarthy, Mike Rogers, Richard Hudson, Anna Moneymaker, McCarthy, Rogers, Gatez, Marjorie Taylor Greene, Lauren Boebert, Greene, Boebert, Joe Biden, Semafor, I'm, Georgia Lauren Boebert, Jabin, Tim Burchett, Sen, Markwayne Mullin, Mullin, Sean M, O'Brien, Elon Musk, Sean O’Brien, Bernie Sanders, , Sanders, banged, Burchett, McCarthy elbowed, — Claudia Grisales, NPR's Claudia Grisales, Grisales, Kevin ?, Kevin Organizations: Service, Capitol, Lawmakers, Yale, Politico, Florida Republican, GOP, Republican, House Armed Services, Rep, North Carolina Republican, Georgia Republican, Colorado Republican, Daily, CNN, Washington, Getty, Tennessee Republican, Caucus, Teamsters, Oklahoma Republican, MMA, United, Republicans Locations: Alaska, Florida, Alabama, Georgia, Colorado, Tennessee, Boebert, Oklahoma, United States, Burchett
Microsoft (MSFT.O) owns 49% of the for-profit operating company, according to sources familiar with the matter. Other investors and employees control 49%, with 2% owned by OpenAI's nonprofit parent, according to Semafor. OpenAI's board fired Altman on Friday after a "breakdown of communications," according to an internal memo seen by Reuters. Venture capital investors usually hold board seats or voting power in their portfolio companies but OpenAI is controlled by its nonprofit parent company OpenAI Nonprofit, which according to OpenAI's website was created to benefit "humanity, not OpenAI investors." Nonprofit boards have legal obligations to the organizations they oversee.
Persons: Dado Ruvic, Sam Altman, OpenAI, Altman, Minor Myers, Paul Weitzel, Weitzel, Steve Jobs, Anna Tong, Krystal Hu, Jody Godoy, Tom Hals, Kenneth Li, Lisa Shumaker, Matthew Lewis Organizations: REUTERS, Reuters, Microsoft, Venture, OpenAI Nonprofit, University of Connecticut, Nonprofit, University of Nebraska, Apple, Thomson Locations: OpenAI, San Francisco, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemafor's Reed Albergotti on how Microsoft CEO Satya Nadella won the OpenAI sagaReed Albergotti, Semafor technology editor, joins 'Squawk Box' to discuss the latest developments in the OpenAI saga, why he believes Microsoft CEO Satya Nadella emerged as the winner, and more.
Persons: Semafor's Reed Albergotti, Satya Nadella, Reed Albergotti
Ex-OpenAI CEO Sam Altman was reportedly seeking billions in funds for a new firm when he was fired. Altman was fundraising to build a rival to AI chip maker Nvidia, per Bloomberg. AdvertisementFormer OpenAI CEO Sam Altman had reportedly sought billions in funding for a new chip company before being ousted. Bloomberg reported that Altman was fundraising in the Middle East for the new venture, which aimed to rival AI chip maker Nvidia. The project was reportedly intended to compete with AI chip giant Nvidia, which controls about 80% of the global AI chip market.
Persons: Sam Altman, Altman, , It's, Emmett Shear, Satya Nadella, OpenAI Organizations: Nvidia, Bloomberg, Investor, Service, Microsoft Locations: OpenAI
Michael Flynn's family kept money donated to his legal fund, according to new court documents. AdvertisementAdvertisementThe unsealed court documents were part of CNN's attempt to have the defamation case tossed. The Flynn family ultimately pocketed hundreds of thousands of dollars from the fund, according to Semafor. Jared Roberts, an attorney representing the Flynn family members, did not immediately respond to Insider's request for comment. Flynn also sat for a sworn deposition in his family's case against CNN, documents show, but his deposition remains sealed.
Persons: Michael Flynn's, Flynn's, Barbara Flynn Redgate, Lori, Valerie, , fundraised, Semafor, Valerie Flynn, Flynn, Flynn Redgate, Barbara, Donald Trump, Jared Roberts, Roberts, Michael Flynn, Lin Wood, baselessly Organizations: CNN, Service, US Army, FBI, CIA Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemafor: Billionaires discuss $50 million anti-Hamas media campaignBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to discuss a new report detailing a potential $50 million anti-Hamas media campaign from some of the biggest names in business.
Persons: Ben Smith, Semafor
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