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Elon Musk launches AI firm xAI as he looks to take on OpenAI
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +3 min
In a Twitter Spaces event Wednesday evening, Musk explained his plan for building a safer AI. Rather than explicitly programming morality into its AI, xAI will seek to create a "maximally curious" AI, he said. Musk in March registered a firm named X.AI Corp, incorporated in Nevada, according to a state filing. The firm lists Musk as the sole director and Jared Birchall, the managing director of Musk's family office, as a secretary. Dan Hendrycks, who will advise the xAI team, is currently director of the Center for AI Safety and his work revolves around the risks of AI.
Persons: Elon Musk, Musk, xAI, that's, Igor Babuschkin, DeepMind, Tony Wu, Szegedy, Greg Yang, Jared Birchall, Google's Bard, Microsoft's, Bing, Bard, Dan Hendrycks, Tesla, Akash Sriram, Chavi Mehta, Yuvraj Malik, Aditya Soni, Anna Tong, Shailesh Kuber, Leslie Adler Organizations: SpaceX, Twitter, Microsoft, Google, X.AI Corp, Center, AI Safety, X Corp, Thomson Locations: OpenAI, Nevada, San Francisco Bay, Bengaluru, Anna, San Francisco
WASHINGTON, July 12 (Reuters) - Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from conversations he had when he visited China a few weeks ago. Musk made the remarks in a Twitter Space event with two U.S. congressmen, Democrat Ro Khanna and Republican Mike Gallagher. "China is definitely interested in working in a cooperative international framework for AI regulation," Musk said. He added that he has advocated for artificial intelligence regulations and oversight, including in his meetings in China. After meeting with officials during his China trip, Musk last month said the Chinese government would seek to initiate artificial intelligence regulations in China.
Persons: Billionaire Elon Musk, Musk, Ro Khanna, Mike Gallagher, Tesla, Ding Xuexiang, Kanishka Singh, Anna Tong, Sandra Maler, Leslie Adler Organizations: Billionaire, Regulators, Thomson Locations: China, Shanghai, Beijing, ChatGPT
EV brand Smart plans funding led by Tianqi Lithium
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +1 min
SHANGHAI, July 13 (Reuters) - EV brand Smart said on Thursday it planned to raise $250-300 million via series-A funding which it hoped would enhance its long-term sustainable development strategy and accelerate its global development. Chinese lithium producer Tianqi Lithium Corp (002466.SZ) has agreed to invest $150 million in the fund raising, Smart said in a statement. Smart, a joint venture of Germany's Mercedes-Benz Group AG (MBGn.DE) and China's Zhejiang Geely Holding Group (GEELY.UL), said both firms will remain equal controlling shareholders. "Thanks to the support from Mercedes-Benz and Geely, Smart now is accelerating its global development and business operation. Meanwhile, we are more than glad to welcome the strategic investments of worldwide industry leaders, such as Tianqi Lithium," Smart's Global CEO Tong Xiangbei said in the statement.
Persons: Smart, Germany's Mercedes, Tong Xiangbei, Zhang Yan, Brenda Goh, Meg Shen Organizations: Lithium Corp, Benz Group AG, Zhejiang Geely Holding, Mercedes, Benz, Smart, Thomson Locations: SHANGHAI, Zhejiang
Unlike past tech booms that have touched San Francisco, the generative AI craze brings fewer jobs, because AI firms excel at staying lean and automating work. "I think we should curb our optimism that San Francisco commercial real estate will bounce back because of AI," said Silicon Valley investor Jeremiah Owyang. Eleven of the country's top 20 AI companies are in San Francisco and have raised $15.7 billion collectively between 2008 and 2023. That amount is just 2.3% of the estimated 150,000 daily workers that downtown San Francisco lost during the pandemic. Reporting by Anna Tong in San Francisco; Editing by Sayantani Ghosh, Anna Driver and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Barria, San, Jeremiah Owyang, Erin Price, Wright, OpenAI, Matt Schlicht, Mike Grabowski, Grabowski, Owyang, Lee Edwards, Daron Acemoglu, Anna Tong, Sayantani Ghosh, Anna Driver, Matthew Lewis Organizations: Intelligence, REUTERS, FRANCISCO, Reuters, Francisco, San Francisco Mayor London Breed's, San, Microsoft, Octane, Google, Nordstrom, Massachusetts Institute of Technology, Thomson Locations: San Francisco, California, U.S, Valley, NFX, Dubai
There are a range of reasons that are driving IT professionals to engage in moonlighting, according to Indeed India. Abhishek Software engineerBut his bosses are not aware of his plans, nor has he told them he is moonlighting. 'The root cause is the money'There are a number of reasons driving IT professionals to engage in moonlighting, according to Indeed India. Where employers disagreeHere's where employers disagree: moonlighting goes against the sense of loyalty a company wishes to instill into employees. IT services giant Wipro for example, fired 300 employees last year for allegedly "working for rival companies," according to local reports.
Persons: Sashi Kumar, Abhishek, he's, HackerRank, , Moonlighting, Kumar, moonlighting, Indeed's Kumar, Viswanath Organizations: CNBC, India, Wipro, Infosys — Locations: India, Bangalore, U.S
July 12 (Reuters) - Resemble AI, a San Francisco-based voice artificial intelligence startup, said on Wednesday it had raised $8 million in a funding round led by venture capital firm Javelin Ventures. Comcast Ventures (CMCSA.O) and existing investors Craft Ventures and Ubiquity Ventures also participated in the Series A round, it added. Resemble AI, which applies generative AI to clone voices, says that it has 1 million users, who use the company's product to clone their own voice. More than 200 business clients, ranging from music producers, game studios and voice actors use Resemble AI as well, CEO Zohaib Ahmed told Reuters. As voice cloning has been used for scams and other crimes, the company says it is focused on promoting safe and ethical use cases for voice cloning technology.
Persons: Zohaib Ahmed, Ahmed, Anna Tong, Jamie Freed Organizations: Javelin Ventures, Comcast Ventures, Craft Ventures, Ventures, Reuters, Wednesday, Thomson Locations: San Francisco
Most would agree that a toxic workplace is disrespectful, non-inclusive, unethical or abusive. The opposite of toxicity however, isn't rainbows and sunshine — but a safe space for critical feedback and conversations, said Tessa West. A toxic workplace culture was one of the biggest culprits behind the Great Resignation — which saw droves of workers leaving their jobs or switching careers during the post-pandemic era. Most would agree that a workplace is toxic when it is disrespectful, non-inclusive, unethical, cutthroat or abusive. The opposite of toxicity however, isn't rainbows and sunshine — but a safe space for critical feedback and conversations, said West.
Persons: Tessa West, we've, Wharton, Adam Grant, Grant, West Organizations: NYU, CNBC
watch nowZoom is "doubling down" on its technical investments in the Asia-Pacific region as it seeks to strengthen growth, said the video communications company on Friday. We made a strong commitment about two years ago to really turn on the speed and step on the gas," Abe Smith, Zoom's head of international, told "Squawk Box Asia." watch nowHowever, Smith said Zoom is "extremely optimistic" about the growth of its phone product in Asia Pacific. Zoom's A.I. Zoom's big bet on AI also includes an investment in Anthropic, an AI safety and research company, back in May.
Persons: Abe Smith, Zoom's, Smith Organizations: Microsoft Locations: Asia, Pacific, Singapore, India, Chennai, Bangalore, Asia Pacific, Anthropic
Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. The wavy exterior of Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. Architect Ulrich Kirchhoff at Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. The entrance of Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. Niche compartments to store urns at Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2.
Persons: Noemi Cassanelli, Shan, Kwai Chung, Shan Sum’s, Ulrich Kirchhoff, Feng Shui, Margaret Zee, Zee, , it’s, ” Zee, “ It’s, they’ve, Hong Kong’s, Hong Kongers, Cassanelli, Shun Sum, Pan Tong, Zee’s, Guanyin, I’m, ” Tong Organizations: Hong Kong CNN, HK, CNN, Hong Kong’s Consumer Council, Hong, Food, Environmental Hygiene Department Locations: Hong Kong, German, Kwai Chung, Kwai, Fanling, New York City, Hong, Shan
"Currently, we don't have a solution for steering or controlling a potentially superintelligent AI, and preventing it from going rogue." Superintelligent AI - systems more intelligent than humans - could arrive this decade, the blog post's authors predicted. The team's goal is to create a "human-level" AI alignment researcher, and then scale it through vast amounts of compute power. OpenAI says that means they will train AI systems using human feedback, train AI systems to assistant human evaluation, and then finally train AI systems to actually do the alignment research. AI safety advocate Connor Leahy said the plan was fundamentally flawed because the initial human-level AI could run amok and wreak havoc before it could be compelled to solve AI safety problems.
Persons: OpenAI, Ilya Sutskever, Jan Leike, Connor Leahy, Anna Tong, Kenneth Li, Rosalba O'Brien Organizations: Microsoft, Reuters, Thomson Locations: San Francisco
Economic uncertainty has resulted in not just layoffs and hiring freezes — job interviews are also getting longer. Richard Lambert Resume and workplace expertAs long interviews become more commonplace, job seekers need to adapt to this process of jumping through more hoops. Here are four tips for long interview processes — and nailing them:1. Clarify expectationsLong job interviews can be frustrating, but that can be managed if you first seek clarity on the road ahead. "Even if you are far down the interview process for a role you should always be looking for other roles.
Persons: Richard Lambert, I've, " Lambert, They're, Lambert, Steven Leitch, Leitch, Samaraweera Organizations: Research, CNBC
Experts that CNBC Make It spoke to said they've observed a "significant increase" in the number of job seekers facing an extended interview process over the past year. That makes a total of 9 interviews, for a job that 32-year-old Ayomi Samaraweera said she did not eventually get. But the growing phenomenon of lengthy interviews reflects the highly competitive nature of the current job market, he added. "That's why recruiters are haphazardly adding steps to the interview process and it's a terrible candidate experience." "How a company presents itself during the interview process is very telling about the company culture as a whole," she added.
Persons: they've, That's, Samaraweera, Steven Leitch, Josh Bersin, Jim Sykes, Leitch, Richard Lambert, Amy Zimmerman, Monica Revuelta Organizations: CNBC, Josh Bersin Company, AMS, Jim Sykes Global
While quiet quitting is often regarded as a personal rejection of the hustle culture, some workers are no longer keeping discontentment on the down-low — instead, they are engaging in "loud quitting." Almost 1 in 5, or 18%, of global employees are loudly quitting or actively disengaged, according to a new report from Gallup of more than 120,000 global employees. What loud quitting means for companiesLoud quitting can signal "major risks" in an organization that should not be ignored, Gallup said. Quiet or loud quitting employees would also switch jobs for less pay, compared to engaged employees who require a 31% pay increase to consider a job switch, according to Gallup's analysis. "Quiet quitting employees are your organization's low-hanging fruit for productivity gains.
Persons: Gallup Organizations: Gallup, Gallup State
Many employees are still struggling with low levels of well-being — with most of them saying that their health worsened or stayed the same last year, according to a survey from Deloitte and Workplace Intelligence. A new report highlights that leaders do not have "a firm grasp" of their employees' well-being. The C-suite is so focused on the macro picture of their organizations, that it's difficult for them to see the macro picture of their employees' well-being. Dan Schawbel Managing partner, Workplace Intelligence"This shows that executives are disconnected from the reality of the workforce," Dan Schawbel, managing partner at Workplace Intelligence told CNBC. Managers play a pivotal role in improving well-being, as they "interface directly" with employees on a daily basis, said Schawbel.
Persons: Dan Schawbel, there's, Schawbel Organizations: Deloitte, Workplace Intelligence, CNBC
An array of startups offers second-life energy storage using old EV batteries. The second-life energy storage idea is in theory simple. The problem is a lack of old EV batteries that shows no sign of easing. He has just sold the car for $3,000 to pay down credit card debt, but wants another used EV. Commercial vehicles provide the best hope thus far for second-life batteries, industry officials said.
Persons: Steven Meersman, Nick Carey LONDON, Hans Eric Melin, Melin, EVs, Elmar Zimmerling, Thomas Becker, Antoni Tong, Jonathan Rivera, Rivera, , Asad Hussain, Zenobe, Nick Carey, Paul Lienert, Daniel Leussink, Ben Klayman, Barbara Lewis Organizations: REUTERS, Global, Nissan, Energy, EV, Mercedes, P Global Mobility, CES, Tesla, BMW, International Energy Agency, Leaf, Mobility Impact Partners, Victoria Waldersee, Thomson Locations: Portsmouth, Britain, recyclers, U.S, Leipzig, 16GWh, Paris, Europe, Coeur d'Alene , Idaho, London, Australia, New Zealand, Detroit, Berlin, Tokyo
Austria's Vienna has come up on top again as the best city to live in globally, according to a report by the Economist Intelligence Unit (EIU). Austria's Vienna has come up top again as the best city to live in globally, according to a report by the Economist Intelligence Unit (EIU). Copenhagen also retains its position as the second most livable city in the world, while Australian cities Sydney and Melbourne broke into the top five. Hong Kong also moved 13 places up the rank to 61st most livable city in the world. Decline in stability scoresWhile health-care, education, infrastructure, culture and entertainment scores saw improvements in the past year, stability saw a "marginal decline," said the EIU.
Persons: New Zealand's Wellington, CNBC's, EIU Organizations: Austria's, Economist Intelligence Unit, Melbourne, Germany's Locations: Austria's Vienna, Copenhagen, Sydney, Vienna, Austria, Denmark, Melbourne, Australia, Vancouver, Canada, Zurich, Switzerland, Calgary, Geneva, Toronto, Osaka, Japan, Auckland, New Zealand, Asia, Pacific, New Zealand's, Hong Kong, Western Europe, Germany's Frankfurt
Rescue efforts continue in the search for a missing submersible, known as the Titan, carrying five people who disappeared days earlier on a mission to see the remains of the Titanic shipwreck. The wreckage is about 13,000 feet beneath the surface in the North Atlantic, just over 900 miles off the coast of Cape Cod.
Locations: Cape Cod
Goldman Sachs recommended buying three information services stocks that should be helped by artificial intelligence. Analyst George Tong scored how business and information services companies can deploy generative AI and analyzed the revenue impacts from the technology on these businesses. "We believe generative AI will have a profound and varied impact on the Business & Information Services sector over the medium-to-longer term," he said in a note Wednesday to clients. S & P Global has outperformed the broader market this year with a 17.8% gain. At the same time, Tong said, demand for AI-related research should only grow, which should provide a boost to the company's technology research arm.
Persons: Goldman Sachs, George Tong, Gartner, Tong, it's, Robert Half, — CNBC's Michael Bloom Organizations: P Global, Business & Information Services, P, Global, Wall, Gartner Locations: Real
“The coverage of Blinken’s visit in China is not nearly as extensive or enthusiastic as it has been in the West,” said Yun Sun, director of the China Program at the Stimson Center, a think tank in Washington. (Chinese experts say it was because the US failed to lift sanctions on Li, imposed in 2018 over China’s purchase of Russian weapons.) China cut off talks with US military commanders following former US House Speaker Nancy Pelosi’s visit to Taiwan last August. Zhao said China has adopted “a brinkmanship policy” to highlight the risk of military confrontation to the US. Wang, the expert at Peking University, said Blinken’s long-delayed visit is the “last chance” to repair ties with China before the US election next year.
Persons: Antony Blinken, Washington, Blinken, Qin Gang, State Department –, , Yun Sun, , “ We’re, ” Daniel Kritenbrink, Trump, Wang Yong, Biden, Joe Biden, ” Wang, Tong Zhao, Lloyd Austin, Li Shangfu, Li, Nancy Pelosi’s, Zhao, ” Zhao, , Blinken’s, Janet Yellen, John Kerry, Sun, ” lockdowns, Xi Jinping’s, Xi, Wang Organizations: Hong Kong CNN, China’s, State Department, Biden, China Program, Stimson, State, Peking University, Foreign Ministry, Carnegie Endowment, International, Defense Locations: China, Hong Kong, Beijing, Washington, East Asia, Taiwan, South China
The Google parent has advised employees not to enter its confidential materials into AI chatbots, the people said and the company confirmed, citing long-standing policy on safeguarding information. Alphabet also alerted its engineers to avoid direct use of computer code that chatbots can generate, some of the people said. A growing number of businesses around the world have set up guardrails on AI chatbots, among them Samsung (005930.KS), Amazon.com (AMZN.O) and Deutsche Bank (DBKGn.DE), the companies told Reuters. By February, Google told staff testing Bard before its launch not to give it internal information, Insider reported. A Google privacy notice updated on June 1 also states: "Don’t include confidential or sensitive information in your Bard conversations."
Persons: Bard, ChatGPT, OpenAI, Harry Potter, Yusuf Mehdi, Mehdi, Bing, Matthew Prince, Jeffrey Dastin, Anna Tong, Kenneth Li, Nick Zieminski Organizations: FRANCISCO, Reuters, Google, ChatGPT, Microsoft Corp, Samsung, Deutsche Bank, Apple, Data Protection, Politico, EU, cyberattacks, Microsoft, Thomson Locations: Bard, San Francisco
Hong Kong has ended its four-year reign as the most expensive city globally for expatriates, according to a survey — as New York surpasses it to first place. Hong Kong has ended its four-year reign as the most expensive city globally for expatriates — surpassed by New York which took first place, according to a new survey. Hong Kong fell in our rankings as the increase in prices of day-to-day goods and services was tempered by falls in accommodation costs in the city. Lee Quane ECA InternationalStill, Hong Kong retained its position as the most expensive location in Asia. Reports suggest residents of Hong Kong left the city in droves last year — due to Covid-19 restrictions and what they see as an erosion of democratic norms.
Persons: , Lee Quane Organizations: New, ECA, assignees, Lee, Asia, U.S . Federal, Urban Land Institute, ULI, Asia Pacific Centre for Housing, U.S ., San Locations: Hong Kong, New York, Asia, Singapore, Asia Pacific, Asia Hong Kong Singapore Seoul Tokyo Shanghai Guangzhou Shenzhen Beijing Taipei Yokohama, Shanghai, Guangzhou, Tokyo, Japan, York, U.S, San Francisco
June 8 - Legal AI company EvenUp has raised an additional $50.5 million in Series B funding from new investors including Bessemer Venture Partners and Bain Capital Ventures, the San Francisco-based company said Thursday, valuing the company at $325 million. EvenUp provides a product to personal injury law firms that automates the workflow for demand letters, using generative AI and a proprietary legal dataset. These have been boom times for the legal AI market, as legal firms have lined up to embrace generative AI. Law is an ideal use case for generative AI because what lawyers do – analyze content and then synthesize it in prose – is exactly what generative AI products like OpenAI’s ChatGPT, which was trained on reams of text, do best, said Bessemer partner Sameer Dholakia. He estimated there are about 300,000 personal injury attorneys and 20 million personal injury cases per year.
Persons: EvenUp, Rami Karabibar, Sameer Dholakia, Karabibar, Anna Tong, David Gregorio Our Organizations: Bessemer Venture Partners, Bain Capital Ventures, NFX, Reuters, Thomson Locations: San Francisco
The video does not disclose any potential AI use and the DeSantis campaign did not respond to a question about whether the images were fake or whether AI was used to create them. A person with knowledge of the DeSantis campaign operation said the Trump side had been "continuously posting fake images and false talking points to smear the governor." The Trump campaign did not immediately respond to a request for comment. Drexel professor Stamm's forensics analysis tool suggests the images were made using an AI model called a diffusion model, which underpin popular AI image generation products like DALL-E and Stability AI. "At some point the AI systems will be outputting images that have no differences from real images," said James O'Brien, a professor of computer science at the University of California, Berkeley.
Persons: Donald Trump, Russell Cheyne, Anthony Fauci, Trump, Fauci, Ron DeSantis, Matthew Stamm, Hany Farid, DeSantis, Drexel, Biden, James O'Brien, Alexandra Ulmer, Anna Tong, Seana Davis, Rosalba O'Brien, Stephen Coates Organizations: U.S, Republican, Aberdeen International Airport, REUTERS, FRANCISCO, Republican White, Twitter, Trump, Drexel University, University of California, Republican National Committee, RNC, Thomson Locations: Aberdeen, Scotland, Britain, Florida, Berkeley, U.S, China, Taiwan, San Francisco
Such a switch from a white-collar job to "qing ti li huo" (or "light labor" in Chinese) is gaining popularity among younger people in the country. It was only in hindsight that Wang realized she never "personally wanted" to pursue her major, or be in a white-collar job. "I looked back and I realized it was because my parents told me to choose it, people told me that with this major I'd have a really, really great future," Wang said. She earned about 12,000 Chinese yuan ($1,700) a month in her white-collar job. But what may be priceless to her is the self-discovery Wang said she's been able to experience after walking away from her white-collar job.
Persons: Eunice Wang, I'd, Wang, Jia, they're, Jia Miao, Wu Xiaogang, Wu, That's, xiao bai, Miao, Eunice Wang Barista, Wu —, she's Organizations: NYU Shanghai, New York University Shanghai, CNBC, NYU Locations: China, Beijing, United States
Late last month a Chinese fighter jet flew in front of a U.S. warplane over the South China Sea, drawing a rebuke from the United States. China regards the United States as an outsider interfering in a region in which it sees itself as a force for peace and stability. The United States says such patrols defend the right of all countries to sail in international waters. Some analysts say Chinese military commanders have been encouraged to act more assertively against foreign military ships and planes. And that's when the United States would eventually take the necessary measures to reduce the risk."
Persons: Xi Jinping, , Jennifer Parker, Derek Grossman, China's, Tong Zhao, Nancy Pelosi's, Michael Martina, Martin Pollard, Yew Lun Tian, Laurie Chen, Don Durfee, Gerry Doyle Organizations: U.S, People's Liberation Army Navy, PLAN, PLA, Australian Strategic Policy Institute, RAND Corporation, Communist Party, Princeton University’s School of Public and International Affairs, Pentagon, ., Reuters, Washington, Thomson Locations: WASHINGTON, BEIJING, Chinese, U.S, Taiwan Strait, South China, United States, China, CHINA, Beijing, Asia, Philippines, Vietnam, Taiwan, Hainan
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