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☆ Mark Zuckerberg is leaning into his fashion era and considering selling Classics-inspired T-shirts
▼ + stars: | 2024-10-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg might start selling Classics-inspired shirts on Instagram. He's changing up the basic style he was once known for, reflecting Meta's fashion tech ventures. AdvertisementMark Zuckerberg said he's thinking about selling his own graphic tees. Zuckerberg told Pubity that he's been mulling selling T-shirts like the ones he's been wearing recently, inspired by the Classics — Greek and Roman history. Zuckerberg has gone viral several times in 2024 for his gold chains, and the tech billionaire is leaning into the hype.

Persons: Zuckerberg, —, Mark Zuckerberg, Pubity, he's, Zuck, Julius Caesar, I've, ike, miri, ould Organizations: Service, Meta Locations: oman

☆ Mark Zuckerberg is now world's second-richest person, ahead of Jeff Bezos
▼ + stars: | 2024-10-03 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world's second richest person. The Facebook co-founder now trails Tesla chief Elon Musk by roughly $50 billion, the index showed. Meta has pointed to its hefty artificial intelligence investments as helping improve the performance of its online advertising platform as a reason for its sales growth. The company's online advertising system suffered a major setback in 2021 when Apple introduced an iOS privacy update that weakened its ability to track users across the web. Investors reacted favorably to Meta's cost cutting while the company's online advertising business began to rebound and was bolstered by the massive digital ad spending campaigns by Chinese-linked retailers Temu and Shien.

Persons: Mark Zuckerberg, Jeff Bezos, Elon Musk, Meta, Zuckerberg Organizations: Meta, Facebook, Bloomberg, Amazon, Apple, Investors, Orion, CNBC Locations: Meta

☆ Tim Walz hammers JD Vance over the ramifications of the Capitol riot: 'Jan. 6 was not Facebook ads'
▼ + stars: | 2024-10-02 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Tim Walz and Sen. JD Vance had a sharp exchange regarding the January 6, 2021, riot. Vance declined to state whether Trump lost the 2020 race and brought up Facebook, which Trump has repeatedly criticized. Tim Walz and Sen. JD Vance of Ohio defended their running mates on everything from climate change to inflation. During the debate, Walz was incredulous after Vance refused to say that Trump lost the 2020 election. During the debate, Vance pivoted from January 6 to rail against what he said was censorship from Harris regarding online misinformation.

Persons: Tim Walz, Sen, JD Vance, Walz, Trump, Biden's, Vance, —, Ohio, Donald Trump, Mike Pence —, Joe Biden's, didn't, Hillary Clinton —, " Walz, Mark Zuckerberg, Harris, Zuckerberg Organizations: Facebook, Service, Minnesota Gov, Trump, Democratic, GOP, Republicans, House Republicans, New York Times Locations: Minnesota, Arizona, Pennsylvania, Ohio

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

☆ Mark Zuckerberg says he wants to be remembered for this
▼ + stars: | 2024-10-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

Meta founder Mark Zuckerberg knows how he wants to be remembered. Zuckerberg hopes Meta will be a "technology" company decades from now — not just an "app company." Zuckerberg wants people to say Meta took "really big swings" that changed the industry and the world. Right, we're not like — we're not an app company," Zuckerberg said of Meta. Zuckerberg said as well that he just wants Meta to be a company that "builds awesome things."

Persons: Mark Zuckerberg, Zuckerberg, Meta, —, Tiffany Janzen, we're, hasn't, Steve Jobs, Jobs, Elon Musk, Musk Organizations: Service, Meta, Business Insider, Harvard, Facebook, Apple, IDC, SpaceX Locations: WhatsApp, Silicon

Trump has frequently gone after Harris in personal terms, often based on her race and gender. On Sunday, Trump doubled down, saying: "Crooked Joe Biden became mentally impaired — sad. The Harris campaign did not immediately respond to a request for comment on Trump's remarks on Sunday. In a statement about Trump's rally Saturday, Harris campaign spokesperson Sarafina Chitika said Trump has "nothing ‘inspiring’ to offer the American people, just darkness." Some Republicans also pushed back against Trump's comments on Saturday.

Persons: Donald Trump, Kamala Harris, Trump, Harris, Harris “, Mark Zuckerberg, ” Harris, Dustin Franz, Joe Biden, ”, Kamala, Steven Cheung, Biden, Sarafina Chitika, ’, Trump's, Tom Emmer, Sen, Lindsey Graham, Larry Hogan, ” Hogan, Jake Traylor, Megan Lebowitz Organizations: Sunday, Democratic, Facebook, Getty, NBC, Trump, Immigration, Customs, Department of Homeland Security, NBC News, Republicans, ABC News, CNN, Former Maryland Gov, Republican, Senate, CBS Locations: ERIE, Pa, —, U.S, quashing, United States, Mexico, Bayfront, Erie, AFP, Wisconsin, Maryland, Washington

☆ 5 titans of French luxury grew $50 billion richer in a week — and are now worth more than Costco
▼ + stars: | 2024-09-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Five French luxury icons grew $50 billion richer last week on the back of China's stimulus plans. AdvertisementFive titans of French fashion and beauty added a full $50 billion to their fortunes last week, boosting their combined wealth to more than $420 billion. Julien Hekimian/Getty ImagesKering founder François Pinault's net worth rose by $2.3 billion to $25.6 billion last week, placing him 78th on the list. Arnault was worth $24 billion more at $231 billion in March, which made him the world's wealthiest person at the time. Bettencourt Meyers was $7.5 billion richer at $101 billion in June, while the Chanel siblings were each worth about $6.4 billion more at roughly $55 billion around the same time.

Persons: LVMH's Arnault, Chanel, —, stoked, Bernard Arnault, Louis Vuitton, Larry Ellison, Mark Zuckerberg, Françoise Bettencourt Meyers, L'Oréal's, Alice Walton, Francois Guillot, Alain, Gerard Wertheimer, Coco Chanel, Chanel's cofounders, Julien Hekimian, François, Balenciaga, Yves Saint Laurent, Kering, Francois, Henri Pinault, Salma Hayek, MICHAEL TRAN, Rodolphe Saadé, Arnault, haven't, Pinault, Bettencourt Meyers Organizations: Service, Tiffany, Bloomberg, Walmart, Getty, Gucci, CMA CGM, Procter & Gamble, Home, Costco Locations: China, Sephora, AFP

☆ The job market is rough right now. 7 young professionals share what they think sets them apart.
▼ + stars: | 2024-09-30 | by ( Maria Noyen | Mykenna Maniece | ) www.businessinsider.com time to read: +3 min

Many cited soft skills, including having patience and the ability to speak with different people. And yet, those we consider pioneers and leaders in the tech, finance, and business industries almost always respond with soft skills. In October 2023, Business Insider's Tim Paradis reported that soft skills have become increasingly in demand in the years following the COVID-19 pandemic. AdvertisementIn short, it's young professionals who'll be setting the standard of success at work for years to come. Here's what they said — and how their answers reflect qualities business leaders also emphasize.

Persons: —, Warren Buffett, Mark Zuckerberg, it's, Tim Cook, there's, Tim Paradis, Norman Bacal, Paradis, millennials, Glassdoor, Amanda Hoover, who'll, Gen Zers Organizations: Service, Labor Statistics Locations: NYC

☆ Insider Today: Retirement savings mistakes
▼ + stars: | 2024-09-29 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Getty ImagesRetirement savings no-no'sAbout 45% of Americans will run out of money in retirement — even those who invested and diversified. If you're aiming to retire at the standard age of 65, avoid these mistakes so you can keep your golden years golden. AdvertisementThe four biggest retirement mistakes. And with Meta's smart Ray-Ban glasses doing better than expected, the company appears to be winning the glasses wars.

Persons: —, Alberto E, Rodriguez, Jimmy Donaldson, Donaldson, obsessives, techies, Chris Gash, Zers, Saratta, Tom Brady, Jeff Bezos, Natalie Ammari, Mark Zuckerberg, Orion, aren't, Meta, Sam Altman Organizations: Business, Service, MrBeast, Getty, BI, Billionaire, Big Tech Locations: millennials, Florida

☆ Mark Zuckerberg joins exclusive $200 billion club, closes in on third-richest person in world
▼ + stars: | 2024-09-28 | by ( Robert Ilich | ) edition.cnn.com time to read: +1 min

Recent figures from Bloomberg’s Billionaire Index show Zuckerberg has grown his personal fortune by a whopping $73.4 billion in 2024 to $201 billion. The Meta CEO is the fourth richest person world, joining an elusive $200 billion club that only counts three other members. Zuckerberg, 40, who launched Facebook in 2004, has much of his wealth tied to Meta Platforms stock. Shares of Meta (META) have surged by nearly 64% in 2024. On Wednesday, Meta shares gained 0.9% to close at a record high of $568.31.

Persons: Jeff Bezos, Bernard Arnault, Mark Zuckerberg, Zuckerberg, Tesla, Elon Musk, We’re, ” Zuckerberg, Jensen Huang, Larry Ellison Organizations: CNN, X, Amazon, Meta, Facebook, European Union, Nvidia, Oracle

☆ Mark Zuckerberg should forget the Quest: Meta's Orion is the real game changer, tech analysts say
▼ + stars: | 2024-09-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

But some tech analysts contend people are most interested in truly wearable tech, like Orion. Quest is limiting because of its bulk — and Orion AR glasses are an improvement, the analysts said. Some said they're persuaded that augmented-reality wearable glasses like Orion have more potential than mixed-reality headsets, like the bulky Quest. Meta's Quest, pictured in May, doesn't have as much potential as its new Orion glasses, some analysts say. AdvertisementHe said that's why he likes Zuckerberg's vision of more easily wearable tech, like Orion.

Persons: —, Mark Zuckerberg, they're, Zuckerberg, Gene Munster, Munster, doesn't, It'll, Justin Post, Meta hasn't, Ben Thompson, Andrew Bosworth, Orion Organizations: Meta, Service, Orion, Quest, Deepwater Asset Management, Munster, Orion . Bank of America Locations: Orion .

☆ Google is the latest company to land in Donald Trump's crosshairs
▼ + stars: | 2024-09-27 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Donald Trump threatened to prosecute Google "at the maximum levels" if he's elected president. AdvertisementFormer President Donald Trump is no stranger to lashing out at companies — and now he's taking aim at Google. Trump alleged that Google "illegally used a system of only revealing and displaying bad stories about Donald J. Trump" while surfacing good stories about Harris. In the report, the group said it conducted Google searches on September 6 for the terms "donald trump presidential race 2024" and "kamala harris presidential race 2024." In addition to threats against Google, Trump has levied warnings to other companies and CEOs who crossed him.

Persons: Donald Trump, Trump, Kamala Harris, —, Donald J, Harris, donald, kamala harris, Walz, Axios, Mark Zuckerberg, John Deere Organizations: Google, Service, Republican, Democratic, Justice Department, Department, Trump, Business, Speech America, Media Research, BI Locations: United States, Mexico

☆ Threads joins X in blocking posts to apparently leaked documents about JD Vance
▼ + stars: | 2024-09-27 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Threads is blocking links to an article that may contain links to leaked documents about JD Vance. AdvertisementThreads is following X's lead, blocking links to purportedly leaked documents about vice presidential candidate JD Vance. Meta says the links could come from hacked or leaked sources — and it's blocking them because of the potential connection. ThreadsThreads is now blocking links to the post, too. Threads posts that contain a link to Klippenstein's Substack article aren't being removed, but the link isn't clickable.

Persons: JD Vance, X, —, Meta, Trump, Ken Klippenstein, Klippenstein, Hunter Biden, Elon Musk, Mark Zuckerberg, Sen, Jim Jordan Organizations: Meta, Service, FBI, Independent Locations: Iran

☆ LVMH's Bernard Arnault set to overtake Mark Zuckerberg as the world's 3rd-richest person after $24 billion wealth surge
▼ + stars: | 2024-09-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Bernard Arnault's net worth has soared by $24 billion in four days to $201 billion. The LVMH CEO is set to leapfrog Mark Zuckerberg and become the world's third-richest person. AdvertisementBernard Arnault has grown $24 billion richer in four days — and looks set to overtake Mark Zuckerberg as the world's third-richest person. He was the richest person on the planet with a $231 billion net worth in late March. AdvertisementThe decline in LVMH stock this year has narrowed from about 20% to 5%, meaning it's no longer languishing at a two-year low.

Persons: Bernard Arnault's, Mark Zuckerberg, —, Bernard Arnault, leapfrog Zuckerberg, Larry Ellison, He's, who's, Louis Vuitton, Dom Perignon Champagne Organizations: Service, Dior, Tiffany, Oracle, LVMH Locations: China, Moncler, Cashmere, Japan

☆ Is Mark Zuckerberg still obsessed with efficiency? Check Meta's WiFi password.
▼ + stars: | 2024-09-27 | by ( Alistair Barr | ) www.businessinsider.com time to read: +2 min

The social-media giant held its big Meta Connect conference in Silicon Valley this week. Mark Zuckerberg is spending heavily on AI and AR technology. That effort continued into 2024 as the Meta CEO whittled down VP ranks and took more cost-cutting steps. Tech reporter Pranav Dixit attended and noticed that the WiFi password for the event was "effici3ncy." A post on Threads Pranav Dixit/ThreadsDixit posted about this on Threads and Zuckerberg liked the post.

Persons: Mark Zuckerberg, —, Mark Zuckerberg's, bender, Zuckerberg, Pranav Dixit, Dixit, Mark Zuckerberg Pranav Dixit, Meta, didn't Organizations: Meta, Service, OpenAI, Microsoft, Google, Meta Connect, Silicon Valley . Tech Locations: Silicon, Silicon Valley

☆ Hands-on with Meta's Orion AR glasses prototype and the possible future of computing
▼ + stars: | 2024-09-27 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +2 min

Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024. The most impressive aspect of Meta's Orion augmented-reality glasses has more to do with size and comfort than flashy computer graphics. Meta CEO Mark Zuckerberg revealed the Orion glasses on Wednesday and pitched them as "a glimpse of a future that I think is going to be pretty exciting." While Orion is not capable of putting users in fully virtual worlds, the glasses can overlay digital graphics onto the real world. And unlike VR headsets that can be cumbersome to wear for extended periods, Boorstin said she found the Orion glasses to be a good fit.

Persons: Mark Zuckerberg, Orion, Julia Boorstin, Boorstin, they're Organizations: Meta, CNBC, Orion, Connect, Apple Vision Locations: Menlo Park , California, U.S

☆ Meta CTO explains why it was important for Mark Zuckerberg to show off $10,000 smart glasses you can't buy
▼ + stars: | 2024-09-26 | by ( Jaures Yip | ) www.businessinsider.com time to read: +6 min

Meta unveiled its Orion AR glasses at the Meta Connect 2024 developer conference. Meta's CTO explained why it was important to show what the investment led to — even if you can't buy the glasses yet. But on Wednesday's Meta Connect 2024 developer conference, the CEO was finally able to unveil what many of those billions had been spent developing: the Orion AR glasses. AdvertisementMeta's Orion AR glasses, which feature displays built into the lenses and an array of sensors. AdvertisementMark Zuckerberg shows off the Orion AR glasses prototype at Meta Connect 2024.

Persons: Meta, —, Mark Zuckerberg's, He's, Zuckerberg, Andrew Bosworth, Stratechery's Ben Thompson, Bosworth, Mark Zuckerberg, Tim Cook, it's, Thompson Organizations: Orion, Meta, Service, Reality Labs, Facebook, Apple, Google, Apple Vision Pro, Meta's

☆ 10 things to watch in the stock market Thursday, including the Micron-fueled chip rally
▼ + stars: | 2024-09-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

10 things to watch Thursday, Sept. 26 — Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. China stocks rallied again — this time on signs the Chinese government is prepared to add fiscal stimulus to this week's central bank monetary stimulus. Nvidia and Advanced Micro Devices are Club stocks. China stocks rallied again — this time on signs the Chinese government is prepared to add fiscal stimulus to this week's central bank monetary stimulus. Nvidia and Advanced Micro Devices are Club stocks.

Persons: Jeff Marks, Jim Cramer, Bernstein, Brian Niccol, that's, Mark Zuckerberg, Jensen Huang, Elliott, Truist, Eaton, Morgan Stanley, Jefferies, Hershey, Jim Cramer's, Jim Organizations: Micron, AMD, Nvidia, Devices, Starbucks, Club, GE Healthcare, UBS, Bank of America, JPMorgan, Meta, Southwest Airlines, Elliott Management, GE, Jefferies, Wells, Jim Cramer's Charitable, CNBC Locations: China

☆ In defense of that 'Goodbye Meta AI' post that's all over Instagram
▼ + stars: | 2024-09-26 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Even celebrities like Tom Brady and Cat Power have joined the "Goodbye Meta AI" movement. AdvertisementCan the "Goodbye Meta AI" copypasta that's been floating around Instagram Stories — even getting posted by celebrities like Tom Brady, Cat Power, and James McAvoy — actually stop Meta from using people's data to help train AI? The "Goodbye Meta AI" copypasta that's been floating around Instagram. I know you're giving away Llama, but you've got Meta AI. When it comes to using people's Facebook or Instagram posts to train AI, people could have reason to feel uncomfortable.

Persons: Tom Brady, Power, —, Cat Power, James McAvoy —, that's, Meta, Instagram, they're, Alex Health, Mark Zuckerberg, didn't, it's, you've, Zuckerberg Organizations: Service, Facebook, Meta Locations: Instagram

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Micron, Nike, Meta, Microsoft, First Solar, Tesla & more
▼ + stars: | 2024-09-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

For long term investors we continue to believe they have the best enterprise AI platform and retain our 18-month $500 price target." Truist initiates First Solar as buy Truist said the solar company has a wide moat. " Deutsche Bank reiterates Tesla as buy The firm said it's sticking with its buy rating heading into the company's delivery report in October. UBS reiterates Micron as buy UBS said it's sticking with the stock following earnings on Wednesday. "We are taking the opportunity to reaffirm our positive view on DKNG and up our year-end 2025 price target to $54."

Persons: Goldman Sachs, Goldman, Morgan Stanley downgrades, Morgan Stanley, Oppenheimer, Truist, Tesla, Jefferies downgrades Hershey, Jefferies, it's, Orion, Bernstein, NYCB, Morgan Stanley downgrades Sonos, there's, JPMorgan, Ralph Lauren Organizations: UBS, GE Healthcare, Entertainment, Tencent, Microsoft, Inc, Deutsche Bank, Hershey, Susquehanna, Nvidia, NVIDIA, Nike, Deutsche, Apple, Barclays, Community Bank, Micron, MU, " Bank of America, Meta, Bank of America, SONO, UW, GE Vernova, GE, RL Locations: China

☆ OpenAI has 4 big challenges it needs to conquer in its quest for AI dominance
▼ + stars: | 2024-09-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +9 min

OpenAI bleeds C-suite executivesAs OpenAI chases a massive fundraising round, the startup continues to deal with a staff exodus. The nonprofit side of OpenAI will still exist and have a minority stake in the for-profit company, the sources told Reuters. "Given the ambitions of OpenAI, a non-profit structure has been too constraining. AdvertisementThe debate over whether OpenAI should be a for-profit company has been a bone of contention for one very vocal tech industry bigwig — Elon Musk. Park, the corporate law expert, told BI that the for-profit governance structure could also leave OpenAI vulnerable to greater government scrutiny.

Persons: —, OpenAI, Mira Murati, Sam Altman's, Murati, Barret Zoph, Bob McGrew, Altman, Greg Brockman, Wojciech Zaremba, Brockman, Ilya Sutskever, John Schulman, Peter Deng, Sutskever, James, I'd, Slack, Gene Munster, She's, Mira, — Elon, Musk, Gary Marcus, Marcus, Musk's, Mark Zuckerberg, xAI, Sam Altman, Munster Organizations: Service, Technology, Business, Microsoft, Nvidia, Wired, University of California, OpenAI, Bloomberg, Deepwater Asset Management, Reuters, Intelligence, Guardian, Meta Locations: It's, OpenAI, Los Angeles

☆ Mark Zuckerberg seems to have stuck the landing at Meta Connect
▼ + stars: | 2024-09-26 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Mark Zuckerberg's Meta Connect keynote impressed Wall Street, boosting Meta's stock on Wednesday. Zuckerberg unveiled new Meta Quest headsets, AI features, and Orion holographic glasses. AdvertisementMeta CEO Mark Zuckerberg needed less than an hour to wow Wall Street. He took the stage at Meta Connect in a T-shirt dedicated to himself and delivered a keynote that Wall Street seems to be responding well to. Zuckerberg introduced a new lineup of Meta Quest headsets, some impressive AI features coming to the company's smart glasses, and gave the public a glimpse of the highly anticipated Orion holographic glasses.

Persons: Mark Zuckerberg's, Wall, Zuckerberg, —, Mark Zuckerberg, Dan Ives Organizations: Mark Zuckerberg's Meta, Service, Meta, Wedbush Securities, Business

☆ Meta's new Ray-Ban glasses are pulling a bait and switch
▼ + stars: | 2024-09-26 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +6 min

Now, despite a rocky start three years ago, Meta's smart glasses are doing better than expected. Meta's Ray-Bans have a camera and speaker and are packed with AI. Meta's loftier goal, the Orion glasses , aren't quite there. Yet getting people into the Orion glasses may depend on getting people comfortable with smart glasses generally, and that's where the Ray-Bans could come in. And the Meta Ray-Bans make it even easier to use AI as you move through the world — no hands (and awkward air-pinching ) required.

Persons: Mark Zuckerberg, Ray, Zuckerberg, Meta's Ray, Meta's, They're, they're, George Jijiashvili, Peter Kafka, it's, Bob Dylan, Lady Gaga, Amanda Hoover Organizations: Orion, International Data Corporation, Apple, Microsoft, Google, IDC, Research, VR, Business

☆ 3 market experts share the 8 companies that will profit the most from AI's insatiable energy appetite
▼ + stars: | 2024-09-26 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

Moody's estimates that between 2023 and 2028, the electricity usage in data centers will grow 43% yearly. That's not including the energy-intensive process of constructing even more data centers, which Big Tech is scrambling to do. Business Insider spoke with three market experts to get their thoughts on what companies are best positioned to succeed as AI's appetite for energy strains existing infrastructure. Baker is betting on the utilities and cooling solutions providers that service the energy needs of data centers. New infrastructure needs to be built out, and the existing infrastructure needs to be bolstered, according to Wilhelmus.

Persons: —, Mark Zuckerberg, Jennifer Foster, Foster, Graeme Baker, Baker, Schneider, Jakob Wilhelmus, Wilhelmus, Eaton Organizations: Service, Business, Big Tech, Chilton Investment Company, Broadcom, Marvell Technology, IBM, Schneider, Trane Technologies Locations: Virginia, Freeport, McMoRan

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

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