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☆ Goldman Sach's David Solomon says he still DJs as a 'hobby' — but won't let his 'passion' distract from his day job
▼ + stars: | 2023-11-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Goldman Sachs boss David Solomon told the Financial Times that DJing was still his "passion." His gigs at music festivals sparked internal unrest at the Wall Street bank. "But if my doing it publicly in any way is distracting to Goldman Sachs, my number one focus is Goldman Sachs," he added. Solomon's decision to stop came amid increasing discontent at the Wall Street giant over a number of issues, including his high-profile gigs. Goldman Sachs declined to comment when contacted by Insider.

Persons: Goldman Sachs, David Solomon, —, Goldman, It's, Solomon, DJ'ing Organizations: Financial Times, Service, Hamptons, New York Times, Wall

☆ Sports Illustrated reportedly published articles by fake AI-generated writers
▼ + stars: | 2023-11-28 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Sports Illustrated published articles by fake authors with AI-generated profile pictures, Futurism reported. The magazine denied using AI but said it would take down the articles while it investigated. The magazine said it will take down several articles after a report found they were written by fake, AI-generated authors. Futurism identified two Sports Illustrated writers, " Drew Ortiz" and " Sora Tanaka ," whose biographies appeared to be fake. In a statement to Futurism, Sports Illustrated owner Arena Group denied publishing AI-generated articles but said they were removing the pieces while an internal investigation took place.

Persons: —, Drew Ortiz, Sora Tanaka, Ortiz's, Ross Levinsohn Organizations: Service, Sports Illustrated, Sports, Arena Group, AdVon Commerce, Arena, Gannett, Tech, CNET, Business Locations: NewsGuard

☆ Another sign that the future of EV buying is leasing: Rivian leases its $73,000 truck
▼ + stars: | 2023-11-28 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Rivian has made its R1T electric pickup available to lease in 14 US states. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWould-be EV drivers have turned to leasing as a cheaper way to try before they buy, especially considering the high price of many electric vehicles . The Cybertruck, however, will pose a fresh challenge to Rivian's R1T pickup. The futuristic Tesla pickup is set to launch on November 30 after years of hype, with over 2 million people preordering the electric pickup .

Persons: Rivian, Elon Musk's, —, Tesla's, — Tesla's, RJ Scaringe, it's Organizations: Elon, Elon Musk's Cybertruck, Service, CNBC, Leasing, Ford, Tesla, Rivians, GQ Locations: Arizona , California , Colorado , Florida, Georgia , Massachusetts, Michigan , Missouri , New Jersey , New York , Nevada , Pennsylvania, Texas, Washington

☆ Teslas are the only EVs taking off in America: Mazda CEO
▼ + stars: | 2023-11-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Masahiro Moro told Fortune that EVs other than Tesla are "not taking off" in the US. EVs face a reckoning amid slowing demand with auto companies cutting spending and reducing targets. AdvertisementMazda's CEO has said that Tesla is the only company seeing real success in a fragile EV landscape, with other electric cars "not taking off." Other EVs are not taking off, inventory is piling up," he said. It recently killed off its only EV sold in the US, the Mazda MX-30, after reportedly selling just 66 of them this year .

Persons: Masahiro Moro, Fortune, Elon Musk's, —, Tesla, Elon, Ford, Moro Organizations: Service, US, Ford, General Motors, Mazda, EV, Atlas Public

☆ X could lose $75 million in ad revenue after a litany of controversies from Elon Musk, including his endorsement of antisemitic comments, report says
▼ + stars: | 2023-11-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

X could lose up to $75 million in revenue as advertisers flee the platform. It comes amid backlash over Elon Musk's endorsement of an antisemitic post on the site. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's endorsement of an antisemitic post may cost X millions of dollars in advertising revenue this year. Elon Musk has been widely condemned after he endorsed a post on X that accused Jewish communities of pushing hate against white people.

Persons: Elon, —, Linda Yaccarino —, Elon Musk, Musk, X, Yaccarino, we've Organizations: Disney, IBM, Service, The New York Times, NBC, Media Matters, Apple, Times, Netflix, Microsoft, Business, BI

☆ Elon Musk says the Tesla Cybertruck will be bulletproof. That remains to be seen.
▼ + stars: | 2023-11-24 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Elon Musk says the Cybertruck will be bulletproof, boasting that Tesla shot it up with a Tommy gun. Deliveries are set to start next week, with Musk warning that Tesla faces big production challenges. AdvertisementElon Musk has long claimed the Cybertruck will be bulletproof, saying he wants the futuristic pickup to be "really tough — not fake tough." As the Cybertruck's launch date nears, though, it still remains unclear just how bulletproof it is going to be. AdvertisementThis "armor glass" won't be able to stop a bullet — but Musk's said that Tesla will offer the option to buy a "beast mode" Cybertruck with properly bulletproof windows.

Persons: Elon Musk, Tesla, —, Musk's, Musk, Frederic J . Brown, Al Capone, Critics, Tommy Organizations: Service, Auto, Business

☆ Everyone's talking about OpenAI's Q*. Here's what you need to know about the mysterious project.
▼ + stars: | 2023-11-24 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

A mysterious new OpenAI model known as Q* has got the tech world talking. AI experts say the model could be a big step forward but is unlikely to end the world anytime soon. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAs the dust settles on the chaos at OpenAI, we still don't know why CEO Sam Altman was fired — but reports have suggested it could be linked to a mysterious AI model. Dr Andrew Rogoyski, a director at the Surrey Institute for People-Centered AI, told BI that solving unseen problems was a key step towards creating AGI.

Persons: —, Sam Altman, OpenAI, Ilya Sutskever, Charles Higgins, Sophia Kalanovska, Kalanovska, we've, Andrew Rogoyski, Gary Marcus, Marcus Organizations: Service, Reuters, Surrey Institute for People, AIs, Business Locations: OpenAI

☆ Elon Musk should face an SEC probe over his claims that no monkeys died as a result of Neuralink implants, lawmakers say
▼ + stars: | 2023-11-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Elon Musk is facing scrutiny over his comments related to the Neuralink monkeys, per a Wired report. Lawmakers are calling for an investigation after he said no monkeys had died due to the brain chip. AdvertisementElon Musk is facing renewed scrutiny over the deaths of Neuralink's test monkeys as the company prepares to begin human trials. The news comes after reports that a dozen monkeys experienced a range of health issues after having the implant installed, before they were eventually euthanized. Musk has long faced intense controversy over claims that the monkeys Neuralink tested its brain interface technology on had experienced "extreme suffering."

Persons: Elon Musk, —, Elon, Gary Gensler, Musk, Earl Blumenauer, Barbara Lee, James McGovern, Tony Cárdenas, Neuralink, quadriplegia Organizations: Service, SEC, Wired, Medicine, FDA, Business

☆ OpenAI's offices were sent thousands of paper clips in an elaborate prank to warn about an AI apocalypse
▼ + stars: | 2023-11-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

An employee at rival Anthropic sent OpenAI thousands of paper clips in the shape of their logo. The prank was a subtle jibe suggesting OpenAI's approach to AI could lead to humanity's extinction. Anthropic was formed by ex-OpenAI employees who split from the company over AI safety concerns. AdvertisementOne of OpenAI's biggest rivals played an elaborate prank on the AI startup by sending thousands of paper clips to its offices. AdvertisementAnthropic was founded by former OpenAI employees who left the company in 2021 over disagreements on developing AI safely.

Persons: Anthropic, —, Nick Bostrom, Bostrom, OpenAI, Sam Altman, Altman, Ilya Sutskever, Sutskever Organizations: Service, OpenAI's, Anthropic, Wall Street, Microsoft, Business Locations: Francisco

☆ 3 reasons why electric cars will soon get a lot cheaper
▼ + stars: | 2023-11-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +7 min

Some automakers are slowing down EV production, saying electric vehicles are too expensive. Auto execs have pointed to high prices as a big reason why demand for electric cars has slumped this year. AdvertisementHere's three reasons why electric cars are getting more affordable. Cheaper battery packsBy far the most expensive part of any EV is the battery, and spiking battery prices have hit automakers hard. "You have to get to a certain scale to really start to make money on electric cars and for the costs to go down," Valdez Streaty said.

Persons: —, Kelley, Tesla, Goldman Sachs, EVs, David Browne, Patrick T, Fallon, Browne, Matthias Preindl, Stephanie Valdez Streaty, it's, Valdez Streaty, Elon, you've Organizations: Service, Ford, General Motors, EV, Atlas Public, EVs, Bloomberg, Department of Energy, Smart, Toyota, Manufacturers, ICE, Columbia University, Smith, Cox, Chicago Tribune, Getty Locations: China, Germany, Los Angeles

☆ OpenAI ditched the only 2 women on its board. So far, it's replacing them with men.
▼ + stars: | 2023-11-22 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

OpenAI announced a new male-dominated board after Sam Altman won the battle to return as CEO. 'Please, more representation and balance'The departure of Toner and McCauley has put the makeup of OpenAI's new board in the spotlight. Emily Bell, a founding director of the Tow Center for Digital Journalism, wrote in a post on X : "OpenAI fires women on the board — board chair who oversaw fuck up stays." Tom Williams/Getty ImagesOne of OpenAI's main rivals also weighed in on the lack of diversity on the new board. Within the private sector, research from Crunchbase in 2022 showed that women held 16% of board seats among more than 660 companies they analyzed.

Persons: OpenAI, Sam Altman, Helen Toner, Tasha McCauley, Adam D'Angelo, —, Sam Altman's, Bret Taylor —, Larry Summers, D'Angelo, Ilya Sutskever, Altman, Toner, McCauley, Emily Bell, Summers, Jeffrey Epstein, Bell, Tom Williams, Bret, Taylor, Emad Mostaque, Vinod Khosla, OpenAI's, Angela Hoover, Andi Organizations: Service, Microsoft, Tow Center, Digital Journalism, Deloitte, Alliance for Board Diversity, Fortune, New York Times Locations: Crunchbase, San Francisco

☆ Evidence shows that Elon Musk knew Tesla's Autopilot system was faulty but still let cars run, judge says
▼ + stars: | 2023-11-22 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

A Florida judge said there is evidence Elon Musk knew Tesla's self-driving software was defective. Tesla's controversial Autopilot feature is facing multiple legal challenges and investigations. AdvertisementElon Musk is facing yet another legal headache over Tesla's Autopilot feature. Musk has faced controversy over some of his statements on how advanced Tesla's self-driving technology really is. It's the latest in a series of legal threats that Musk and Tesla have faced over the company's controversial self-driving technology.

Persons: Elon Musk, —, Elon, Reid Scott, Jeremy Banner, Banner, Tesla, Joshua Brown, Musk, Brown, Elon Musk's Organizations: Service, Reuters, Tesla, — Reuters, Washington Post, Elon, Department of Justice, Traffic, Business Locations: Florida, California

☆ OpenAI's new CEO once compared working for Microsoft to selling his soul. It'll now be his biggest investor.
▼ + stars: | 2023-11-21 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

AdvertisementIf Sam Altman needs advice on what working at Microsoft is like , he can ask Emmett Shear, the man who replaced him. OpenAI's new boss previously said working at Microsoft, which has invested upward of $10 billion in the AI startup, was like selling his soul. The Twitch cofounder was appointed interim OpenAI CEO on Sunday night , after negotiations to bring back Sam Altman fell through. AdvertisementIn the same post, he said that Sam Altman and Greg Brockman would be joining Microsoft to head up a new AI team. OpenAI and Microsoft did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: Emmett Shear, Sam Altman, —, OpenAI's, Shear, Altman, Satya Nadella, Nadella, Greg Brockman Organizations: Microsoft, Service, Bloomberg, Business Locations: OpenAI

☆ OpenAI staff are putting their visas at risk to get Sam Altman back as CEO
▼ + stars: | 2023-11-21 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

700 OpenAI employees have signed a letter threatening to quit if Sam Altman isn't reinstated as CEO. Some of them say they are on work-dependent visas, which they could lose if they are forced to quit. It's a sign of how much loyalty Altman has inspired among staff. AdvertisementOpenAI's employees are calling on the company's board to bring back Sam Altman — and some are even willing to put their visas at risk to get him back as CEO. A number of senior OpenAI employees are already expected to follow Altman and ex-OpenAI president Greg Brockman to Microsoft.

Persons: Sam Altman isn't, It's, Altman, —, Sam Altman —, Sam Altman, Mira Murati, Ilya Sutskever —, Reiichiro Nakano, Boris Power, Emmett Shear, Greg Brockman, Satya Nadella, Kara Swisher, OpenAI Organizations: Service, Microsoft, Business

☆ Elon Musk takes a dig at Sam Altman saying he'll have to use Microsoft Teams after he was fired on Google Meet
▼ + stars: | 2023-11-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Elon Musk poked fun at Sam Altman and OpenAI following his shock departure. Altman was fired by the board over Google Meet, despite Microsoft investing billions in OpenAI. — Elon Musk (@elonmusk) November 20, 2023Musk seems to have been reveling in the drama surrounding the firing of Altman. AdvertisementAltman was fired by OpenAI's board on Friday, after board members said he had not been "consistently candid" in his discussions with them. Elon Musk has expressed similar concerns in the past, and has called on the board to explain its reasoning for firing Altman .

Persons: Elon, Sam Altman, OpenAI, Altman, —, Elon Musk, OpenAI —, Satya Nadella's, Greg Brockman, — Elon Organizations: Google, Microsoft, Service

☆ OpenAI workers threaten to quit if Sam Altman is not reinstated as CEO
▼ + stars: | 2023-11-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

At least two-thirds of OpenAI staff have threatened to quit and join Sam Altman at Microsoft. It follows days of chaos at OpenAI after CEO Sam Altman was fired in a shock move. AdvertisementNearly 500 OpenAI staff have threatened to quit unless all current board members resign and ex-CEO Sam Altman is reappointed. Late on Sunday, Microsoft CEO Satya Nadella announced that Altman and former OpenAI president Greg Brockman would be joining a new AI team at Microsoft, after efforts by investors and current employees to bring him back as OpenAI CEO fell apart. OpenAI and Microsoft did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: Sam Altman, —, Mira Murati, Brad Lightcap, Altman, Kara Swisher, Ilya Sutskever, Jan Leike, Murati, Satya Nadella, Greg Brockman, OpenAI, Emmett Shear, Twitch Organizations: Microsoft, Service, Wired, Sutskever, Business

☆ OpenAI is bleeding talent in the wake of Sam Altman's ouster
▼ + stars: | 2023-11-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Greg Brockman announced three key OpenAI staffers are following him and Sam Altman to Microsoft. Sam Altman is heading up a new AI team at Microsoft after his shock firing by the OpenAI board. All three are senior or longstanding employees at OpenAI, suggesting that the company may face a talent drain after Altman's shock firing. OpenAI announced that Twitch co-founder Emmett Shear would become interim CEO of the AI firm, after negotiations to bring Altman back broke down. The Information also reported that fellow AI startups Cohere and Adept were reaching out to OpenAI employees and that Google Deepmind had received an uptick in resumes from OpenAI workers.

Persons: Greg Brockman, Sam Altman, —, Satya Nadella's, Altman, Jakub Pachocki, Szymon Sidor, Aleksander Madry —, OpenAI, Twitch, Emmett Shear, Pachocki, Mira Murati, Brad Lightcap, Ilya Sutskever, Tao Xu, Google Deepmind, Jim Fan Organizations: Microsoft, Service, Google Locations: OpenAI

☆ A Stability executive quit after saying that generative AI 'exploits creators.' It could spell trouble for AI companies.
▼ + stars: | 2023-11-18 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

He opposed Stability's argument that it should be able to train AI using copyrighted works for free. Generative AI models like ChatGPT and Stable Diffusion are trained using enormous amounts of information scraped from the internet, including art, song lyrics, and books. "To be clear, I'm a supporter of generative AI. The fact that criticisms like Franceschelli's are now being echoed by the people actually building generative AI models suggests that Newton-Rex's resignation could be a defining moment for AI. "I'm sure I'm not the only person inside these generative AI companies who doesn't think the claim of 'fair use' is fair to creators.

Persons: Ed Newton, Rex, —, Newton, I've, Andreessen Horowitz, Giorgio Franceschelli, Franceschelli, it's, Rex's, I'm Organizations: Service, Stability, Meta, Google, Business

☆ IBM pulls advertising from Elon Musk's X after report finds its ads ran next to pro-Nazi posts
▼ + stars: | 2023-11-17 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

IBM said it would stop buying ads on X after they were reportedly placed alongside pro-Nazi posts. AdvertisementThe Media Matters report included screenshots showing ads for IBM, Apple, Oracle, and Bravo appearing alongside pro-Nazi content . X told BI the accounts cited in the Media Matters report will be demonetised and the posts given a "sensitive media" label. "When it comes to this platform — X has also been extremely clear about our efforts to combat antisemitism and discrimination," she said. Musk has also not addressed IBM's move, but described Media Matters as "an evil organization" in a reply on X.Advertisement

Persons: Linda Yaccarino, —, Elon, Bravo, who's, X, Yaccarino, Musk, IBM's Organizations: IBM, Elon, Service, Media Matters, Nazi, New York Times, Apple, Oracle, Financial Times, Media

☆ One in 5 teens who have heard of ChatGPT say they've used it for schoolwork, study finds
▼ + stars: | 2023-11-17 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

A Pew Center study found that one in five teens who have heard of ChatGPT have used it for schoolwork. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . With around two-thirds of US teenagers having heard of ChatGPT, that is a lot of kids using OpenAI's chatbot to help write essays and solve math problems. ChatGPT is so popular among students right now that its US traffic dropped by over 10% when schools finished for summer. AdvertisementIts growing presence in classrooms has fuelled fears of a cheating epidemic, with another survey conducted earlier this year finding that one in four teachers say they have caught their students cheating using ChatGPT.

Persons: —, ChatGPT, OpenAI, Brad Lightcap Organizations: Pew, Reuters, Service, San, Business Locations: San Francisco

☆ America's best-selling car will soon be hybrid-only
▼ + stars: | 2023-11-16 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Toyota has said that the 2025 Camry will be available exclusively as a hybrid. The family sedan has been the best-selling car in the US for the past two decades. It has been available in gasoline or hybrid versions since 2007, but from 2024 will be hybrid-only. AdvertisementThe $26,000 Camry has been the best-selling car that is not a pickup truck or an SUV in the US for the past two decades. The decision to make the upcoming version exclusively hybrid is a bold one from Toyota, which has so far chosen to prioritize hybrid cars over fully electric vehicles.

Persons: —, Akio Toyoda, Tesla Organizations: Toyota, Service, Toyota Camry, Camry, Business

☆ ChatGPT Plus subscriptions are being listed on eBay after OpenAI blocked signups
▼ + stars: | 2023-11-16 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

OpenAI boss Sam Altman said on Wednesday that the company would pause new ChatGPT Plus signups. Some users have responded by listing ChatGPT Plus account details on eBay. AdvertisementChatGPT Plus subscriptions are cropping up on eBay after Sam Altman said the company was pausing new signups due to a surge in demand. "We are pausing new ChatGPT Plus sign-ups for a bit," the OpenAI boss said in a post on X . The AI startup has rapidly become one of Silicon Valley's biggest cash cows , thanks to the stratospheric rise of ChatGPT and new paid tiers like ChatGPT Plus, which the company announced in February .

Persons: Sam Altman, Altman, —, OpenAI's, OpenAI Organizations: eBay, Service, Business Locations: San Francisco

☆ Tesla's $1,900 Cyberquad for kids is back on sale, but there's still no sign of the Cybertruck
▼ + stars: | 2023-11-16 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Tesla's $1,900 "Cyberquad for kids" is now available to buy again on the company's website. The ride-on toy, which is inspired by the Cybertruck, was recalled last year over safety concerns. AdvertisementTesla has put its "Cyberquad for kids" back on sale, weeks before the expected launch of the Cybertruck. The $1,900 kids ride-on toy, which was recalled last year over safety concerns , is once again available to buy on Tesla's website. It is, however, certified as an "electric ride-on toy," Tesla said.

Persons: Tesla, — Organizations: Service, toymaker Flyer Radio, US Consumer Product Safety Commission, ATV, Business

☆ Deepmind's new AI could help forecast extreme weather faster
▼ + stars: | 2023-11-15 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Deepmind's GraphCast AI can produce an accurate 10-day weather forecast in under a minute. The Google-owned company's AI model is the first that can outperform conventional forecasters. AdvertisementNew research has shown that an AI model developed by Google-owned Deepmind has outperformed traditional weather forecasters for the first time. The peer-reviewed study, published in the journal Science, said that Deepmind's GraphCast AI model "significantly outperformed" the conventional system for predicting the weather, which is run by the European Centre for Medium-range Weather Forecast. The AI model can produce an accurate 10-day forecast in under a minute and represents "a turning point in weather forecasting," according to the paper.

Persons: —, Deepmind, Pushmeet Kohli, Deepmind's, GraphCast, Lee, Matthew Chantry Organizations: Google, Service, European Centre, Financial Times

☆ Billionaire Ken Griffin says Miami could overtake New York as a financial hub
▼ + stars: | 2023-11-15 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

The Citadel founder said that the city could one day overtake New York as the US' financial hub. Wall Street giants and tech CEOs are flocking to Miami, with Jeff Bezos moving from Seattle. AdvertisementKen Griffin has said that Miami "represents the future of America" and hinted that the city could one day supersede New York as a financial hub. We're on Brickell Bay, and maybe in 50 years it will be Brickell Bay North, how we refer to New York in finance," he said. The company is building a new $1 billion headquarters in Brickell Bay , Miami's financial district.

Persons: Ken Griffin, Jeff Bezos, —, Griffin, Miami's Organizations: Bloomberg, Citadel, Wall Street, Service, Sunshine State, Amazon, Florida doesn't Locations: Miami, New York, Seattle, Miami's Brickell Bay, Brickell Bay, Brickell, Chicago, Afghanistan, York, Florida

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