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Donald Trump’s campaign is expecting that Vice President Kamala Harris will get a “bump” coming out of the Democratic National Convention but generally does not see the week-long event changing the overall trajectory of the race. Trump's speech last month at the Republican National Convention lasted a record-setting 93 minutes. Kamala Harris during the Democratic National Convention in Chicago, on Aug. 19, 2024. Kevin Dietsch / Getty ImagesTrump, however, watched much of the Democratic convention, according to the adviser, often taking to social media to regularly comment on convention events. “The convention was good for them, and to some degree we expected that,” said a Trump supporter familiar with the campaign’s thinking.

Persons: Donald Trump’s, Kamala Harris, Harris, “, ” “, Trump, Barack Obama, Lady Michelle Obama, Oprah Winfrey, Mindy Kaling, Tim Walz, Walz, Ohio Sen, JD Vance, Joe Biden, Kevin Dietsch, Roe, Wade, ” Trump, Biden, — Harris, Harris ’, ” Organizations: Democratic, Convention, Republican National Convention, Trump, Minnesota Gov, Democratic National Convention, Republicans, Liberals, Conservative, New York Times, Siena College Locations: Chicago, East, U.S, Mexico, Arizona, Arizona , Georgia, North Carolina, Nevada

This means that CD rates of 5% APY will likely decline and get less competitive. CD ladders can help you earn a great rate for longer, no matter what happens to CD rates. The best CD rates for short-term CDs are currently around 5% annual percentage yield, but that might not stay true for long. Building a CD ladder with terms paying 5% or moreRight now, short-term CDs offer better rates than long-term CDs, so our example CD ladder is shorter-term. CD ladders aren't suited to every purposeWhile CD ladders can be a good strategy for locking in high interest rates while maintaining liquidity, they aren't suited to every purpose.

Persons: Uziel Gomez, Gomez, you'll, You'll, Kit Pulliam, They’ve, Kit Organizations: Federal Reserve, AFC, Primeros, Pulliam, Business, Tax, MSN, Vanderbilt University Locations: U.S

☆ Shein reveals child labor cases at its suppliers
▼ + stars: | 2024-08-23 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

Fast fashion retailer Shein found two cases of child labor at its suppliers last year, it said in its 2023 sustainability report, as it stepped up audits of manufacturers in China to assuage criticisms of its low-cost business model ahead of a planned flotation. Shein tightened its supplier policy last October after the child labor cases were found, so that any severe breaches — called “Immediate Termination Violations” — would result in ending the relationship with the supplier immediately. Previously, suppliers such as those that employed minors had 30 days to resolve the issue, failing which Shein would cut ties. That violation was found in 1.8% of supplier audits in 2021, 0.3% of audits in 2022, and 0.1% in 2023. “We remain vigilant in guarding against such violations going forward, and in line with current policies, will terminate any noncompliant suppliers,” Shein said in the report.

Persons: Shein, Annabella Ng, “, ” Shein, Sky Xu, Jiajia Zou, General Atlantic Cornelia Gomez, Josh Raffaelli, Ng, ” Organizations: SGS, Tuv, General Atlantic, Brookfield Growth Locations: China, Shein, Singapore, Openview, Tuv Rheinland, QIMA, London, China’s Guangdong, Turkey, Brazil

Blink Fitness, a budget-friendly gym chain owned by luxury fitness company Equinox Group, has filed for Chapter 11 bankruptcy protection. The fitness brand, with more than 100 centers in the U.S., is the latest chain to seek bankruptcy post-pandemic, following companies such as New York Sports Club, 24 Hour Fitness and Gold's Gym. Earlier this year, Equinox also launched a $40,000 annual gym membership aimed at its most affluent member base in an effort to improve its finances as well. Unlike Blink, Planet Fitness reported strong membership growth of 7% year over year in its second quarter to reach a total of 19.7 million members. Planet Fitness shares recently hit a 52-week high, reaching levels not seen since May 2023.

Persons: Guy Harkless, Blink, — Organizations: Equinox Group, New York Sports Club, CNBC, Fitness, Planet Fitness Locations: U.S

☆ SM Investments: We are focused on growing the revenue of our businesses
▼ + stars: | 2024-08-12 | 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 EmailSM Investments: We are focused on growing the revenue of our businessesFrank Gomez from SM Investments says the conglomerate is focused on the core businesses, but also expands into some sectors with high growth potential, such as logistics and geothermoal power.

Persons: Frank Gomez Organizations: SM Investments

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther climbs to start the week after crossing $2,600 over the weekend: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, PitchBook's Robert Le breaks down the findings of the research firm's Q2 crypto report, which reveals that crypto startups raised slightly more from VC funding compared to Q1, despite a drop in the total number of deals.

Persons: explainers, PitchBook's Robert Le Organizations: CNBC Crypto, CNBC

☆ This hydrogen-powered aircraft could be the first to fly non-stop around the globe
▼ + stars: | 2024-08-09 | by ( Arjun Kharpal | Maria Gomez De Sicart | ) www.cnbc.com time to read: +1 min

To prove its potential, a team in Les Sables-d'Olonne, France is building a hydrogen-powered aircraft, which aims to be the first to circumnavigate the globe. It goes by the name Climate Impulse. So why did the Climate Impulse team decide on hydrogen fuel for the project? The team's aim is for Climate Impulse to attempt its round-the-world flight in 2028, with testing starting in 2026. Watch the video above for a behind-the-scenes look at the Climate Impulse project.

Persons: Bertrand Piccard, Piccard Organizations: defeatism, CNBC Tech Locations: Les, d'Olonne, France, Swiss

☆ Parents are split on whether it's OK to post back-to-school photos on social media. Experts are too.
▼ + stars: | 2024-08-07 | by ( Jane Ridley | ) www.businessinsider.com time to read: +6 min

Read previewWhen her 4-year-old starts pre-K this September, Alisha Gomez won't post back-to-school photos on her social media. Whether to post back-to-school photos has become a hot topic. The director of Let Grow, a nonprofit that promotes childhood independence and encourages parents not to hyper-focus on safety, said fears about back-to-school photos are overblown. Dad Mark Kaley told BI the controversy about posting back-to-school photos of kids on social media didn't worry him and his wife, Heather. Advertisement"I'll write a few words such as, 'Look, Autumn has Mrs. Smith this year.

Persons: —, Alisha Gomez, I've, Gomez, Carly Yoost, Lenore Skenazy, Let, Mark Kaley, Bruce Schneier, — that's, Skenaky, Dad Mark Kaley, Heather, Kaley, William, it's, Smith, It's Organizations: Service, Business, Yorker, Child Rescue Coalition, Facebook Locations: New York, Florida

Tim Walz, casting Vice President Kamala Harris’ new running mate as an agent of the far left. A top Trump adviser added: “Hamas Harris bent the knee to antisemitic, anti-Israel radicals on the left by leapfrogging Shapiro. “She outsmarted herself,” said Matt Gorman, a longtime Republican operative and veteran of presidential campaigns who is not working for the Trump campaign. “Many, many people said repeatedly that the reason Kamala Harris was going away from the Josh Shapiro selection is because they were worried about antisemitism. “To her credit, Kamala Harris put policy over politics by picking a radical liberal,” Taylor Budowich, the CEO for the Trump-aligned MAGA Inc. super PAC, said.

Persons: Donald Trump, Tim Walz, Kamala Harris ’, Walz, Trump, ” Dave McCormick, Harris, ”, Josh Shapiro, Joe Biden, Shapiro, Sen, JD Vance, Kamala, leapfrogging Shapiro, outsmarted, Matt Gorman, Zack Roday, ” Roday, ” Vance, Vance, Kamala Harris, “, Kamala Harris —, ” Harris —, Doug Emhoff, —, ” Harris, he’s, It’s, — Walz, ” Trump, Karoline Leavitt, Joe Manchin, Larry Hogan, Trump’s, ” Taylor Budowich, CNN’s Anderson Cooper, ” Walz, Walz’s, George Floyd, Darren Beattie, Mark Kelly of Arizona, Hillary Clinton, Tim Kaine, “ Walz Organizations: Minnesota, NBC News, Trump, Republican Senate, Democrat, Republicans, Pennsylvania, GOP, Social, Republican, San, West Coast, Golden State, Heartland, Democratic Party, ” Former Maryland Gov, Inc, Arizona, Democratic Locations: Pennsylvania, Ohio, China, Israel, San Francisco, Philadelphia, Minnesota, America, Nebraska, West Virginia, Minneapolis, “, Virginia

☆ Avocado goldrush links U.S. companies with Mexico’s deforestation disaster
▼ + stars: | 2024-08-06 | by ( ) www.nbcnews.com time to read: +9 min

The U.S. lawsuits filed in DC Superior Court Monday shine a spotlight on the supply chains of some U.S. companies operating in the Mexican avocado industry. Reuters could not independently verify the accounts from the local residents or Climate Rights International’s findings. “They have even gone to destroy avocado orchards,” said Claudia Alejandra Sanchez, an activist for Michoacán’s Purepecha Indigenous people. Reuters reviewed copies of letters shared by Climate Rights International. Most of those companies have publicly pledged to adhere to sustainable supply chains in compliance with local laws.

Persons: Del, Richman, Mexico Ken Salazar, avocados, ”, Claudia Alejandra Sanchez, Michoacán’s, Guardian Forestal, ’ avocados, ” Daniel Wilkinson, Climate Rights International’s, Alejandro Mendez, Savas Melchor Gómez, deforest, Alfredo Ramírez, ” Ramirez Organizations: Reuters, U.S, Organic Consumers Association, Inc, Produce Inc, West Pak, DC, Rights, Climate Rights International, Richman Law, U.S . Department of Agriculture, Climate Rights, Residents, Foods, Costco, Guardian, Pak, Trade, “ Locations: Madero, Mexico’s, United States, Minnesota, U.S, West, Irvington, N.Y, Mexico, Washington, Michoacán, Jalisco

☆ A 'squad' member and a Trump-impeaching Republican on defense: What to watch in Tuesday's primaries
▼ + stars: | 2024-08-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Head_Shot.Jpeg | Bridget Bowman | ) www.nbcnews.com time to read: +9 min

The super PAC also spent millions to defeat a fellow “squad” member, Rep. Jamaal Bowman, D-N.Y., in a June primary. 'Squad' member Cori Bush faces Democratic primary putting a spotlight on IsraelRep. Cori Bush is facing a tough primary in her fight for a third term. In Michigan’s 3rd District, Democratic Rep. Hillary Scholten faces multiple challenges to the seat she has held for nearly two years. So far, Trump has not weighed in on the Republican primary race. But in Kansas’ solidly Republican 2nd District, Trump and Conservatives for American Excellence are on the same side in Tuesday’s primary to replace retiring GOP Rep. Jake LaTurner.

Persons: Donald Trump’s, Cori Bush’s, William Lacy Clay Jr, Bush, Jamaal Bowman, Cori Bush, Allison Robbert, Wesley Bell, Dan Newhouse, David Valadao of, Newhouse, Trump, Jerrod Sessler, Tiffany Smiley, Smiley, Thanedar —, Mary Waters, Mike Duggan, Shakira Lynn Hawkins, Elissa Slotkin, Mike Rogers, Democratic Sen, Debbie Stabenow, Rogers, James Craig, Peter Meijer, Sandy Pensler, Justin Amash, ”, Hill Harper, Hillary Scholten, Scholten, Salim Al, Paul Hudson, Michael Markey, Republican John Gibbs, Joe Biden, Kamala Harris, Biden, Dan Kildee, Paul Junge, Mary Draves, Anthony Hudson, Matt Collier, Sen, Kristen McDonald, Pamela Pugh, Republican Tom Barrett, Curtis Hertel, State Jay Ashcroft, Mike Kehoe, Bill Eigel, Tuesday’s, Lucas Kunce, GOP Sen, Josh Hawley, Bob Onder, Blaine Leutkemeyer, Jake LaTurner, Derek Schmidt, Sharice Davids, Marie Gluesenkamp Perez, Joe Kent, Kent, Gluesenkamp Perez, Leslie Lewallen Organizations: Cori Bush’s Democratic, Democratic 1st District, United Democracy, American Israel Public Affairs Committee, Israel, PAC, Democratic, Bloomberg, Getty, Senate, Capitol, Republicans, Trump, Newhouse, America, Inc, Detroit City Council, GOP, Michigan's Senate, AP, National Republican Senatorial, Detroit Police, Republican Party, ABC, District, Michigan State University, Republican, Democrats, Biden, Congressional District, Democrat, Dow Chemical, Flint, Board of, State, Gov, Marine, American Excellence, Conservatives, American, Kansas Republicans, Army Locations: Missouri, — Missouri, Washington , Michigan, Kansas, Israel, Louis, David Valadao of California, Michigan’s 13th, Shakira Lynn Hawkins . Michigan, Michigan's, Michigan, Michigan’s, Grand Rapids, Rapids, Kent, Trump, Washington’s, Camas, Washington

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin climbs above $56,000 as risk assets look to rebound from sell-off: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, John Wu, CEO of Ava Labs, reacts to the volatile swings in crypto markets and where prices could be headed next.

Persons: explainers, John Wu Organizations: CNBC Crypto, CNBC, Labs

Noah Lyles of the United States was slowest out of the blocks (0.178 seconds). He said after the race, “That goes to prove that reaction time does not win races.”Noah Lyles of the United States was slowest out of the blocks (0.178 seconds). He said after the race, “That goes to prove that reaction time does not win races.”

Persons: Noah Lyles, ” Noah Lyles Locations: United States

Alfred, from St. Lucia, had a reaction time of 0.144 seconds — 0.077 seconds faster than Richardson, of the U.S, and even with Melissa Jefferson of the U.S., who won bronze. Alfred, from St. Lucia, had a reaction time of 0.144 seconds — 0.077 seconds faster than Richardson, of the U.S, and even with Melissa Jefferson of the U.S., who won bronze.

Persons: Alfred, Lucia, Richardson, Melissa Jefferson Organizations: U.S Locations: St, U.S

☆ Hydrogen-powered planes are on the way – but how would they work?
▼ + stars: | 2024-08-02 | by ( Maria Gomez De Sicart | Arjun Kharpal | ) www.cnbc.com time to read: 1 min

As the aviation industry scrambles for ways to reduce its carbon footprint, hydrogen has emerged as a high-potential solution to its problems. In 2022, aviation accounted for 2% of global energy-related CO2 emissions, according to the International Energy Agency. The International Air Transport Association, the trade association for the world's airlines, has committed to achieving net zero by 2050. IATA's 330 member airlines will rely on sustainable aviation fuel, offsets and carbon capture, and new technology to reach the goal. So, how would hydrogen fuel and planes work?

Organizations: International Energy Agency, International Air Transport Association

☆ Microsoft's cloud is 'no-brainer' for some AI startups, helping Azure gain ground on AWS
▼ + stars: | 2024-08-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +10 min

However, after EzDubs went through the Y Combinator startup program last year, the company made a quick pivot, adding Microsoft's cloud into the mix. That's because EzDubs' founders learned of a partnership that enabled Y Combinator companies to receive $350,000 worth of credits on Microsoft Azure. The current offer includes $350,000 in AWS credits, plus $300,000 reserved for tapping the custom silicon, the spokesperson said. A spokesperson later said 58% of Y Combinator startups had taken up Microsoft's credit offer, a figure that doesn't reflect actual Azure usage. "Leading AI startups use OpenAI to power their AI solutions, therefore, making them Azure customers as well."

Persons: Amrutavarsh Kinagi, Kareem Nassar, Padmanabhan Krishnamurthy, EzDubs, Krishnamurthy, Y, Annie Pearl, it's, Satya Nadella, Sam Altman, Hayden, CNBC InKeep, OpenAI, Nick Gomez, InKeep's, InKeep, Gomez, CNBC's Andrew Ross Sorkin, Prady Modukuru, Modukuru, Anthropic, Daksh Gupta, Gupta, Nassar Organizations: Google, Microsoft, CNBC, Amazon, Services, Alchemist, AWS, Hayden Field, Sync Labs, Sync, OpenAI Locations: Palo Alto , California, OpenAI's, San Francisco

We've compiled a comprehensive guide on where to watch Emmy-nominated shows, including series from the outstanding drama and comedy categories. With Succession over and out of the running, the best drama series category has opened up for a new potential champion. Slow HorsesWhile Apple TV+ shows often fly under the radar, three programs snagged best series nominations across both drama and categories this year. 3 Body Problem received six nominations, including Outstanding Drama Series and five technical categories. Reservation DogsThe punchy and poignant Reservation Dogs finally picked up an Outstanding Comedy nomination in its third and final season.

Persons: it's, We've, Ted Lasso, Hulu, Max, Fflyn Edwards, Elizabeth Debicki, Rufus Kampa, Daniel Escale, Netflix's Queen Elizabeth II, Princess Diana's, Imelda Staunton, Walton Goggins, Downton, Carrie Coon, Christine Baranski, Reese Witherspoon, Jennifer Aniston's, Witherspoon, Aniston, Smith Donald Glover's, Smith ., Francesca Sloane, Glover, Maya Erskine, Erskine, James Clavell, Gary Oldman, Liu Cixin's, Quinta Brunson, Tyler James Williams, Gilles Mingasson Abbott, Jeremy Allen White, Ayo, Larry David's, David, Jean Smart, Hannah Einbinder, Steve Martin, Martin Short, Selena Gomez, Meryl Streep, Kristen Wiig's, Carol Burnett, Laura Dern, Ricky Martin, D'Pharaoh Woon, Matt Berry Organizations: Business, Netflix, Apple, The, Downton Abbey, Hulu, ABC, Abbott, FX Locations: Palm, York, America, Atlanta, British intelligence's, Philadelphia, Chicago, Vegas, Hulu, Beach, Oklahoma, California, Staten

☆ Gen Z and millennial brides are regretting their tattoos — but they have lots of options
▼ + stars: | 2024-07-26 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Celeste Evanovich, a 28-year-old tattoo artist and content creator, said she has noticed an influx of Gen Z brides souring on their tattoos. 'Clean girl' aestheticEvanovich said the influx in bridal tattoo regret could be caused by the "clean girl aesthetic", a beauty trend which first blew up on TikTok in 2022. Evanovich pointed out TikTok videos where some women said their tattoos made them feel like they couldn't achieve a "clean" look. freemixer/Getty Images"The clean girl aesthetics and weddings go hand and hand. There's the age-old expectations for women to be pure on their wedding day, wearing bright white," Evanovich said in the video.

Persons: —, Celeste Evanovich, souring, Evanovich, @smoneyyz, I'm, Stu Hepcat, Pollyana Ventura, Hepcat, it's, Samantha Jane, Samantha, Ariana Grande, Dalton Gomez Organizations: Service, Business, NBC, Pew Research Center Locations: Glasgow, Scotland, New York

You can keep money in a bank account during a recession and it will be safe through FDIC and NCUA deposit insurance. Up to $250,000 is secure in individual bank accounts and $500,000 is safe in joint bank accounts. If you're concerned about whether money is safe in a bank during a recession, there's good news — your money will be likely secure in a bank account. Savings accounts, checking accounts, money market accounts, and CDs are examples of federally insured bank accounts. Up to $250,000 is secure in individual bank accounts, and $250,000 is protected per owner in joint bank accounts.

Persons: they're, Jeffrey Miron, Miron, Charles Calomiris, Maggie Gomez, Maggie, Gomez, You'll, Banks Organizations: FDIC, Pew Research, Federal Deposit Insurance Corporation, Harvard University, Columbia Business School, National Credit Union Administration, Bank, doesn't Locations: U.S, United States, Chevron

Where to purchase a money orderPost officesYou can get a money order through your local post office. If you're on the receiving end of a money order, you'll want to make sure the money order isn't counterfeit. If a stranger or a company you haven't heard of or worked with before is asking for a money order, make sure that they're legit before sending them a money order. Hand deliveryIf you're giving the money order to someone you know, you can always hand-deliver the money order. Unlike with cash, you can use your receipt to get a new money order if your first money order is lost or stolen, so there's less risk when carrying it to the recipient.

Persons: We've, Maggie Gomez, Maggie, you'll, it's, Banks, You'll, you've, refunding, Gomez, haven't Organizations: CFP, Walmart, Western Union

☆ AI startup Cohere cuts staff after $500 million funding round
▼ + stars: | 2024-07-23 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Cohere, the artificial intelligence startup founded by ex-Google AI researchers and backed by Nvidia , cut about 20 roles on Tuesday, CNBC confirmed. Despite the cuts, Cohere is hiring in areas such as customer operations, partnerships, revenue, sales, product design and modeling, according to its website. In June 2023, Cohere raised $270 million at a $2.2 billion valuation, with Salesforce and Oracle participating in the funding round. Many customers include businesses in banking, financial services and insurance, Kon told CNBC in the past. In November, Cohere told CNBC it saw an uptick in customer interest after OpenAI's sudden and temporary ouster of CEO Sam Altman.

Persons: Aidan Gomez, OpenAI, Cohere, Fortune, It's, Anthropic, Claude chatbot, Martin Kon, Kon, Sam Altman Organizations: Cohere Inc, Economic, Cohere, Google, Nvidia, CNBC, AMD, Oracle, Salesforce, Company, White, Enterprise Locations: Davos, Switzerland, Cohere, Cohere's

☆ Here Are the State Delegations That Have Endorsed Kamala Harris
▼ + stars: | 2024-07-22 | by ( Elena Shao | Martín González Gómez | ) www.nytimes.com time to read: +2 min

Here Are the State Delegations That Have Endorsed Kamala HarrisWhere delegations have declared support for Kamala Harris Declared support A U.S. map highlighting the states where their delegations have declared support for Ms. Harris. In a show of party unity, state convention delegations have declared their support for Vice President Kamala Harris as the Democratic presidential nominee. Many individual delegates have said they intend to vote for Ms. Harris, but their state delegations have not yet collectively done the same. Most state delegations listed below voted unanimously among those present to support Ms. Harris. State delegations that declared support for Harris A table showing the states whose delegations have declared support for Ms. Harris.

Persons: Kamala Harris, Harris, Mr, Biden Organizations: Democratic, State, New York, North Carolina, South Carolina, South Dakota, West Virginia Locations: U.S, Alaska, Arkansas, California, Connecticut, Florida, Georgia, Guam, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Nebraska, Nevada, New Hampshire, New Jersey, New, North, Ohio, Pennsylvania, South, Tennessee, Texas, Utah, Vermont, Wisconsin

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin hovers at $57,000 as Fed Chair Powell continues testimony on Capitol Hill: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rennick Palley, founding partner of Stratos, breaks down how current prices and regulatory action is affecting crypto VC trends.

Persons: Powell, explainers, Rennick Palley, Stratos Organizations: Capitol Hill, CNBC Crypto, CNBC

☆ A proposed PA law may allow spirit-based canned cocktails to be sold in grocery stores
▼ + stars: | 2024-07-08 | by ( Brandon Gomez | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA proposed PA law may allow spirit-based canned cocktails to be sold in grocery storesCNBC's Brandon Gomez reports on new laws that could boost booze sales.

Persons: Brandon Gomez

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCohere CEO Aidan Gomez on how generative AI will bring more profit to companiesAidan Gomez is the CEO and co-founder of Cohere and he's been at the center of generative AI since its early days. He was an intern at Google in 2017, when he helped write the foundational paper that conceptualized the transformer - the tech that makes generative AI possible. Now he's focused on building generative AI models for companies instead of consumers. CNBC's Steve Kovach sat down with Gomez to talk about the burgeoning tech and specific ways his models will boost profits for companies.

Persons: Aidan Gomez, Cohere, he's, Steve Kovach, Gomez Organizations: Google

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