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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMeta CEO Mark Zuckerberg didn't let the tomatoes touch after he cut them into perfectly uniform slices. "In our company, I want every engineer and every software developer to have an AI or many AIs," Huang said to Zuckerberg. Huang and Zuckerberg have big stakes in that vision coming true, according to Paul Baier, CEO and principal analyst at GAI Insights. Huang needs to ensure LLMs keep building with Nvidia chips and Zuckerberg needs Huang's credibility to bolster his semi-open-source strategy.
Persons: , Mark Zuckerberg didn't, Huang, Zuckerberg, Google's, Meta's, Meta, Paul Baier, Baier Organizations: Service, Business, Nvidia, Meta, Microsoft, AIs Locations: Hawaii
Well, a new Google ad says artificial intelligence can now do that for you. It shows the young girl training to compete like her hero, thanks to hurdling technique tips generated by Google’s AI search feature. But many early AI tools seem to do the opposite, instead enabling computers to generate traditionally human creative outputs such as art, music and stories. And yet tech firms have forged ahead with rolling out AI tools that can create new emojis, speak and even generate videos. Google did not respond to CNN’s request for comment regarding the backlash to the Gemini ad.
Persons: Mickey Mouse, It’s, Sydney McLaughlin, , Google’s, McLaughlin, OpenAI’s, Deadspin Will Leitch, ” Shelly Palmer, Syracuse University’s S.I, ” Apple, Sonny, Cher’s, Apple Organizations: New, New York CNN, Olympics, Google, Big Tech, Tech, Syracuse University’s, Newhouse School of Public Communications Locations: New York
Elon Musk's X activated a default setting to train Grok, its AI chatbot, on user data. Users can disable data sharing in the 'Privacy and Safety' tab on X.Grok, a ChatGPT competitor, is available via premium subscription. AdvertisementYour unfiltered thoughts are about to become training data for one of the most unhinged AI chatbots on the market. X has activated a setting that, by default, gives it access to users' posts, interactions, and inputs as training data for Grok, the company's ChatGPT competitor. If you want to disable it, here's a step-by-step guide:Once on X, head to the menu on the left side and click "More."
Persons: Elon, , here's Organizations: Service, Business
OpenAI on Thursday announced a prototype of its own search engine, called SearchGPT, which aims to give users "fast and timely answers with clear and relevant sources." Since the launch of ChatGPT in November 2022, Alphabet investors have been concerned that OpenAI could take market share from Google in search by giving consumers new ways to seek information online. Alphabet shares were trading about 2.5% lower on Thursday, while the Nasdaq was up slightly. The SearchGPT announcement follows OpenAI's launch last Thursday of a new AI model, "GPT-4o mini." Last year, OpenAI Chief Operating Officer Brad Lightcap told CNBC: "The world is multimodal.
Persons: Sundar Pichai, OpenAI, Siri, Sarah Friar, Kevin Weil, Brad Lightcap Organizations: ChatGPT, Google, Nasdaq, Microsoft, Apple, Planet Labs, Twitter, Facebook, CNBC
One of Best Buy's major hopes to drive sales comes from artificial intelligence-enabled laptops and smartphones. Best Buy expects revenue to range from $41.3 billion to $42.6 billion, a decline from $46.3 billion last year. (Best Buy is among the retailers that have participated in the Amazon-created retail holiday by offering up its own deals.) The collection, which includes roughly 40 different items with about 40% exclusive to Best Buy, began to get delivered in mid-June. A Best Buy store in Woodbridge, Virginia, US, on Tuesday, May 21, 2024.
Persons: Melissa Repko, Corie Barry, Barry, Steven Zaccone, Gram, Nathan Howard, headwinds Organizations: CNBC, Citi Research, Adobe Analytics, Apple, Samsung, Microsoft, YouTube, company's, Bloomberg, Getty Locations: Secaucus, N.J, Woodbridge , Virginia
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
This story is available exclusively to Business Insider subscribers. "If you're not playing with all the tools and trying to build apps on top of them, you're already obsolete," Blank told BI. "The pieces of the lean startup are just so obvious to me to be automated and then strung together. But then a lot of it won't tell you when it's not working," Blank told BI. From Blank's perspective, one side of entrepreneurship that is safe in the emerging AI world is the role of the visionary founder.
Persons: , Steve Blank, Blank, It's, it's Organizations: Service, United States Census Bureau, Business, Harvard, Modern Entrepreneurship, Stanford, Silicon, Founders
Air Canada's customer service chatbot told Moffatt he could claim the discount after the flight. Botshit is one example of how the use of AI might worsen companies' customer service. In January, a UK parcel company removed its new AI customer service chatbot after it swore at a customer. AdvertisementAnd when Google rolled out its AI chatbot Gemini earlier this year, it produced historically inaccurate images of people of color. However, the researchers argued that customer service is the least risky use of AI for businesses.
Persons: , Jake Moffatt's, chatbot, Moffatt, Ian P, McCarthy, Timothy R, Hannigan, André Spicer, Edelman, What's, Dan Davies, Sundar Pichai, Spicer Organizations: Service, Air Canada, Air, Business, Harvard, Edelman Data, Intelligence, Microsoft, LinkedIn, Google Locations: Canada's, New York
Read previewIf you're hoping to use ChatGPT to get a leg up on job applications, you might just be shooting yourself in the foot. While companies have been leveraging AI to automatically weed out résumés, job seekers have begun responding with chatbot-generated applications to keep up — and employers are noticing. AdvertisementWhen Knutzen took his concerns to a LinkedIn post, other employers reported seeing a similar trend of a spike in AI-written job applications. "I went over to ChatGPT and I put in our live job posting, and I said give me a cover letter," Hallman told Insider. AdvertisementShe said that applicants using the same chatbot-written responses become lost among their identical competitors.
Persons: , Jakob Knutzen, Knutzen, Christina Hallman, Hallman, it's, she's, iCIMS, Gen Z, It's Organizations: Service, Business, , Fortune, Jobscan
Amazon is also using AI to create highlights about how clothing fits, the quality of the fabric, and other aspects based on buyer reviews. aims to reduce the number of damaged or incorrect products Amazon sendsAn Amazon warehouse. MARCO BERTORELLO/AFP via Getty ImagesAmazon has cut down on packaging waste — think about those times you've gotten something tiny in a huge box — using AI. The approach means that Amazon can ship products using less cardboard and other packaging materials by using them more efficiently. AI can give you recommendations on Amazon's Fire TVAmazon isn't just using AI for shopping.
Persons: , you've, there's, they're, Rufus, Rufus chatbot, Amazon, Sean Gallup, MARCO BERTORELLO, Smalls, Alexa, Maestro Organizations: Service, Business, Amazon, Apparel, Getty, Workers, Amazon's, Fire, Amazon Music, Foods Locations: Amazon, AFP
OpenAI debuts mini version of its most powerful model yet
  + stars: | 2024-07-18 | by ( Hayden Field | ) www.cnbc.com   time to read: +2 min
OpenAI will launch a new AI model, "GPT-4o mini," the artificial intelligence startup's latest effort to expand use of its popular chatbot, later on Thursday. The company called the new release "the most capable and cost-efficient small model available today," and it plans to integrate image, video and audio into it later. The mini AI model is an offshoot of GPT-4o, OpenAI's fastest and most powerful model yet, which it launched in May during a livestreamed event with executives. The mini AI model announced Thursday is part of OpenAI's push to be at the forefront of "multimodality," or the ability to offer a wide range of types of AI-generated media, like text, images, audio and video, inside one tool: ChatGPT. GPT-4o mini will be available later Thursday to free users of ChatGPT, along with ChatGPT Plus and Team subscribers, and it will be available to ChatGPT Enterprise users next week, the company said in a release.
Persons: Brad Lightcap Organizations: omni, Microsoft, CNBC, ChatGPT, ChatGPT Enterprise Locations: GPT
Read previewThe Greater Memphis Chamber publicly announced last month that Elon Musk would build xAI's "gigafactory of compute" in the Tennessee city. The planned facility is set to house what Musk intends to be the world's most powerful supercomputer, set to power xAI's chatbot, Grok. AdvertisementOne council member, Pearl Walker, told Forbes that the development caused "hysteria" among Memphis locals. In an open letter shared on X, a group of three Memphis environmental groups also expressed concerns about the factory's impact on the local power supply. Memphis Light, Gas, and Water is trying to prevent the factory from affecting the local power grid, the outlet added.
Persons: , Elon, Musk, Pearl Walker, Forbes, Walker, xAI, Bernstein, Goldman Sachs, haven't, Ted Townsend, Musk's Organizations: Service, Memphis Chamber, Business, Economic, Tennessee Valley Authority, Memphis City, Forbes, Memphis, The Washington Post, Bernstein Research, Meta, Greater, Greater Memphis Chamber Locations: Memphis, Tennessee, Shelby, Iowa, The, Greater Memphis
Read previewAmazon finally rolled out its AI assistant Rufus to all US customers after announcing the new feature in February. AI shopping assistants are becoming more popular, with various online retailers adding them to their sites. AdvertisementAmazon's shopping assistant uses information from listing details, reviews, and Q&As. Amazon/screenshotI wouldn't have thought to ask questions about the noise level or whether it oscillates, but these ended up being determining factors for the fan I selected. AdvertisementIt's a game changer for warehouse shoppingThe AI assistant has received some lackluster reviews from those who have tried it.
Persons: , Rufus, it's, I've, Fitbit Organizations: Service, IBM, Business, Amazon, Apple Watch
OpenAI has led the AI race with ChatGPT, which attracted one million users shortly after it became available in November 2022. AdvertisementBut OpenAI's new flagship AI model, GPT-4o, which was announced during OpenAI's Spring Update, has improved capabilities in these areas and "can reason across audio, vision, and text in real time." Here are some of the GPT-4o features that can help make your workday more productive. AdvertisementTo create a GPT, you can go to this site and select "Create a GPT." OpenAI's GPT Builder can create personalized GPTs to fit users' specific needs.
Persons: , ResumeTemplates.com, ChatGPT, OpenAI Organizations: Service, Business, Microsoft Locations: Washington
Read previewActor Scarlett Johansson thinks OpenAI CEO Sam Altman would make a good Marvel villain. In her statement, Johansson said she'd initially turned down Altman's offer to voice the AI model back in September. We cast the voice actor behind Sky's voice before any outreach to Ms. Johansson," Altman said in a statement the following day. Read more about how we chose these voices: https://t.co/R8wwZjU36L — OpenAI (@OpenAI) May 20, 2024In her interview with Dowd, Johansson said that "it was surreal" when OpenAI released "Sky" to the world. AdvertisementRepresentatives for Altman and Johansson didn't immediately respond to requests for comment from Business Insider sent outside regular business hours.
Persons: , Scarlett Johansson, Sam Altman, Maureen Dowd, Johansson, Altman, Spike Jonze's, she'd, OpenAI, Scarlett Johansson's, Sky's, We’ve, Dowd, Johansson didn't Organizations: Service, Marvel, New York Times, Business, Times, Business Insider Locations: ChatGPT
TM Roh, head of Samsung's mobile business, talks about Galaxy AI at the Galaxy Unpacked event in Paris, France. On Wednesday, Samsung launched two new foldable smartphones with new AI features as it continues to build up capabilities. PARIS — Samsung is developing its suite of artificial intelligence features known as Galaxy AI specifically for the Chinese market, the company's mobile chief told CNBC, as it looks to regain market share that has been decimated by local players. But China, the world's biggest smartphone market, has been a struggle for Samsung over the last few years. Foreign firms looking to launch AI features in China likely need to partner with local companies.
Persons: Roh, Roh didn't, Ernie chatbot, Francisco Jeronimo, Jeronimo Organizations: Galaxy, Samsung, CNBC, Huawei, Baidu, Samsung's, Apple, Apple Intelligence, IDC, Xiaomi Locations: Paris, France, PARIS, China, Europe, East, Africa
Many consumers are enamored with generative AI, using new tools for all sorts of personal or business matters. From OpenAI's ChatGPT to Google's Gemini to Microsoft Copilot software and the new Apple Intelligence, AI tools for consumers are easily accessible and proliferating. How is your information used and how might it be used? If you're entering a confidential document, the AI model now has access to it, which could raise all sorts of concerns. Set a short retention period for generative AI for searchConsumers might not think much before they seek out information using AI, using it like they would a search engine to generate information and ideas.
Persons: Jodi Daniels, Daniels, Andrew Frost Moroz, Frost Moroz, Jacob Hoffman, Andrews, Hoffman, you've Organizations: Microsoft, Apple Intelligence, Red Clover Advisors, Apple, Company, Aloha, OpenAI, ChatGPT, Frontier Foundation Locations: Miami , Florida
Listening to the album's lead single, "Woman's World," I have to assume it's a portal to the past. In the music video for "Woman's World," Perry's visuals are clearly meant to be tongue-in-cheek. Five people are credited as songwriters for "What Makes a Woman," but none overlap with the six writers credited for "Woman's World." She wanted Dr. Luke and all the baggage he brings; all four other songwriters on "Woman's World" are Dr. Luke collaborators or signees. Perry's 'Woman's World' proves she's stuck in a sound of the pastSurely Perry knew she'd face backlash — and for what?
Persons: , Katy Perry, Rosie the, she's, indiscreet, It's, Perry, Dr, Luke, Perry's, Perry hadn't, Kesha, James Devaney, Luke countersued Kesha, he's, who's, Loctor Duke, Doja, Nicki Minaj's, Kim Petras, Perry isn't, Katy Perry's, Jack Antonoff, SG Lewis, Zedd, Katy, she'd, Hillary Clinton Organizations: Service, Business, New York, Court, Tyson Trax, Loctor, Capitol Records, Stone Locations: traipsing, Perry's, California
"Our conversations with investors have been defined by skepticism about latter stages of AI adoption," Ryan Hammond of Goldman's portfolio strategy research team said in a recent note to clients. "Even among investors that are long-term bullish on the potential gains from AI adoption, there appears to be considerable uncertainty about the timeline." Goldman's AI adoption tracker showed that only 5% of U.S. companies are using generative AI to produce goods and services. Many software companies tied to AI posted disappointing guidance during the last earnings seasons that triggered a sizeable sell-off, Goldman noted. Investors should focus on revised sales forecasts of AI-related companies, Goldman said.
Persons: Goldman Sachs, Ryan Hammond, Goldman, Hammond Organizations: Nvidia, Wall, Investors Locations: U.S
CNN —Microsoft has ditched the board observer seat at OpenAI that has drawn regulatory scrutiny on both sides of the Atlantic, saying it was not necessary after the AI start-up’s governance had improved significantly in the past eight months. Microsoft took a non-voting, observer position on OpenAI’s board in November last year after OpenAI CEO Sam Altman took back the reins of the company, which operates the generative AI chatbot ChatGPT. The seat meant it could attend OpenAI’s board meetings and access confidential information but had no voting rights on matters including electing or choosing directors. The observer seat and Microsoft’s more than $10 billion investment in OpenAI have triggered unease among antitrust watchdogs in Europe, Britain and the US over how much control it exerts over OpenAI. Microsoft cited OpenAI’s new partnerships, innovation and growing customer base since Altman’s return to the startup for giving up its observer seat.
Persons: Sam Altman, OpenAI Organizations: CNN, Microsoft, British Locations: OpenAI, Europe, Britain
Pricing is really weird lately
  + stars: | 2024-07-10 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're looking at why pricing is so weird these days . More recently, Walmart introduced digital price tags, which some people said could be used for variable pricing. The constantly changing costs have consumers feeling a sense of price fatigue, Emily writes. Emily writes that most economists agree that government-mandated price-fixing isn't the way to go about it. So, as Emily writes, you can't fault anyone for feeling a certain sense of doom and gloom about the economy.
Persons: , Alyssa Powell, Emily Stewart, Emily, Michael Raines, Rebecca Zisser, Michael Arone, Steve Granitz, Elon Musk, Tyler Le, Larry Page, Biden, Keir Starmer, Rishi Sunak's, Jerome Powell, Jordan Parker Erb, Lisa Ryan, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Soviet Union, Business, Walmart, JPMorgan, Wall, Group, State, Navy, Spotify, Labour Party, Samsung Locations: Montana, Soviet, America, USA, Diego, Idaho, New York, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailForrester’s Davis Truog is bullish about the future of chatbotsForrester's Davis Truog and Bank of America's Nikki Katz join 'Power Lunch' to discuss the chatbot boom and its impact on U.S. consumers.
Persons: Forrester’s Davis, chatbots Forrester's Davis, America's Nikki Katz Organizations: Bank
TikTok is the latest to experiment with the technology, adding in October an AI assistant called Tonik to its music-streaming app, TikTok Music. TikTok's main video app, which is exploring its own, separate AI chatbot, has become an important platform for music discovery. TikTok Music. TikTok Music. If TikTok Music gets there first, it may have a shot at breaking through in a very crowded category.
Persons: , hasn't, OpenAI's ChatGPT, Tonik, TikTok, Joe Biden, Donald Trump, We're Organizations: Service, TikTok, Business, Spotify, Apple, Bloomberg, Capitol Locations: Singapore, Brazil, Australia, Mexico, Indonesia
In today's big story, we're looking at how new AI tools are helping workers bluff their way through interviews . Some people have built homemade AI tools to help interviewees, releasing them online for free. A startup developing AI-powered tools for job seekers, Final Round AI offers an AI résumé builder, a cover letter writing service, and a mock interview tool. He's not the only one looking to AI to change the interview process. Others say banning AI chatbots in interviews is like prohibiting calculators during math tests — if workers can use the tech in their jobs, why not in the interview process, too?
Persons: , I'm Jordan Parker Erb, Dan DeFrancesco, Alo, They're, Jenny Chang, Rodriguez, Rob Price, Michael Guan, He's, Rebecca Zisser, Rob, BI's Melia Russell, Melia, Guan, Jerome Powell, William McChesney Martin, Powell, Chip Somodevilla, Joe Biden's, Howard, Alan Howard's, Brevan Howard, Tyler Le, Francisco's, Leonid Shteyn, execs, Joe Arden, Joe Biden, Harvey Weinstein, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen, Lisa Ryan Organizations: Service, Business, Reserve Bank, Markets, Getty, Taiwan Semiconductor Manufacturing Company, Apple, of America, Paramount, NATO, Prosecutors Locations: Silicon Valley, Washington , DC, U.S, New York, London
OpenAI CEO Sam Altman survived a high-profile ouster last year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of the biggest names in the AI industry, Sam Altman was the subject of a massive ouster last year. Within a (very hectic) week, however, he was reinstated in his role as CEO at OpenAI, the firm behind AI chatbot ChatGPT. This story is available exclusively to Business Insider subscribers.
Persons: Sam Altman, , chatbot Organizations: Service, OpenAI, Business Locations: OpenAI
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