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Archive for the ‘business’ category: Page 26

Nov 19, 2023

Ex-IBM CEO: Here’s the No. 1 thing my mom did to raise four highly successful executives

Posted by in category: business

Former IBM CEO Ginni Rometty and her three younger siblings all grew up to become high-powered business executives. This lesson from their mom helped, she says.

Nov 19, 2023

Hypotheses devised by AI could find ‘blind spots’ in research

Posted by in categories: business, robotics/AI

In early October, as the Nobel Foundation announced the recipients of this year’s Nobel prizes, a group of researchers, including a previous laureate, met in Stockholm to discuss how artificial intelligence (AI) might have an increasingly creative role in the scientific process. The workshop, led in part by Hiroaki Kitano, a biologist and chief executive of Sony AI in Tokyo, considered creating prizes for AIs and AI–human collaborations that produce world-class science. Two years earlier, Kitano proposed the Nobel Turing Challenge1: the creation of highly autonomous systems (‘AI scientists’) with the potential to make Nobel-worthy discoveries by 2050.

It’s easy to imagine that AI could perform some of the necessary steps in scientific discovery. Researchers already use it to search the literature, automate data collection, run statistical analyses and even draft parts of papers. Generating hypotheses — a task that typically requires a creative spark to ask interesting and important questions — poses a more complex challenge. For Sendhil Mullainathan, an economist at the University of Chicago Booth School of Business in Illinois, “it’s probably been the single most exhilarating kind of research I’ve ever done in my life”

Nov 18, 2023

These Are The People That Fired OpenAI CEO Sam Altman

Posted by in categories: business, governance, robotics/AI

According to OpenAI’s corporate governance, directors’ key fiduciary duty is not to maintain shareholder value, but to the company’s mission of creating a safe AGI, or artificial general intelligence, “that is broadly beneficial.” Profits, the company said, were secondary to that mission. OpenAI first began posting the names of its board of directors on its website in July, following the departures of Reid Hoffman, Shivon Zilis and Will Hurd earlier this year, according to an archived version of the site on the Wayback Machine.

One AI-focused venture capitalist noted that following the departure of Hoffman, OpenAI’s non-profit board lacked much traditional governance. “These are not the business or operating leaders you would want governing the most important private company in the world,” they said.

Here’s who made the decision for Altman to be fired, and for Brockman to be removed from its board of directors. Update: Altman didn’t get a vote, The Information has reported. Brockman posted an account of his version of events to X that indicated the board had acted without his knowledge as well.

Nov 18, 2023

What Sam Altman’s surprise sacking means for the AI race

Posted by in categories: business, robotics/AI

It is a big setback for OpenAI, and could slow the industry as a whole | Business.

Nov 17, 2023

Leaked emails show Amazon is cutting ‘several hundred’ jobs across Alexa business, including the newly launched Artificial General Intelligence team

Posted by in categories: business, employment, robotics/AI

Amazon’s Alexa business is laying off “several hundred” employees, including those on its recently launched artificial general intelligence team, Business Insider has learned.

On Friday, Amazon’s VP of Alexa and Fire TV Daniel Rausch told his team about the layoffs, saying it’s intended to shift the company’s resources to focus on generative AI.

“As we continue to invent, we’re shifting some of our efforts to better align with our business priorities, and what we know matters most to customers — which includes maximizing our resources and efforts focused on generative AI. These shifts are leading us to discontinue some initiatives, which is resulting in several hundred roles being eliminated,” Rausch wrote in the email, obtained by BI.

Nov 16, 2023

Amazon to sell cars online, starting with Hyundai

Posted by in categories: business, transportation

It was inevitable. Amazon, which got its start selling books, is getting into the car business.

The e-commerce giant along with new partner Hyundai announced Thursday at the 2023 LA Auto Show that it will start selling vehicles on its website in the second half of 2024. Hyundai vehicles will be the first vehicles sold on Amazon.com’s U.S. store with other brands following later in the year.

The Amazon car sales section will allow customers to shop for vehicles in their area based on a range of preferences, including model, trim, color, and features, choose their preferred car, and then check out online with their chosen payment and financing options. Customers will be able to buy a vehicle online and then pick it up or have it delivered by their local dealership, according to Amazon.

Nov 16, 2023

Putin Wants Russia to Win the Artificial Intelligence Race. Here’s Why it Won’t

Posted by in categories: biotech/medical, business, military, robotics/AI

“Whoever leads in AI will rule the world,” President Vladimir Putin declared at an address commencing the 2017 Russian school year. Six years later, despite intense focus from senior leadership and heavy investment from the federal budget and state-owned enterprises, Russia remains a laggard in this field, hobbled by international isolation and structural challenges.

Military, political, and business leaders in Moscow have long understood the importance of controlling the information space to secure their grasp on power. After the scare of social media powered “color revolutions” on Russia’s doorstep, Moscow doubled down on these efforts. But facing both headwinds intrinsic to the nature of generative AI and deep, self-inflicted wounds from the war in Ukraine, the window for Russia to take a lead is closing quickly.

Russia’s leaders were caught flat-footed by the rise of social media. The supposed dangers of emerging technology were brought to the fore by Chisinau’s so-called “ Twitter revolution,” when protests organized in part on American social networks prevented Moldova’s ardently pro-Russian Party of Communists from winning the election in 2009.

Nov 16, 2023

Are you ready for AI? New Cisco survey shows you probably aren’t

Posted by in categories: business, robotics/AI

The onslaught of press, research and perceived urgency has done little to prepare business and information technology leaders to deploy artificial intelligence-powered technologies.

That’s according to the first Cisco AI Readiness Index, issued Tuesday. The company used a double-blind survey of over 8,000 business and IT leaders worldwide.

The findings are alarming. Although 97% of the organizations say that the urgency around deploying AI tech has risen in the last six months, only 14% feel they’re prepared to deploy and utilize it.

Nov 15, 2023

Amazon’s Astro robot is now a roving security guard for business

Posted by in categories: business, robotics/AI, security

The company on Wednesday announced Astro for Business, a version of its household robot that it’s framing as a crime prevention tool for retailers, manufacturers and a range of other industries, in spaces that are up to 5,000 square feet. Astro for Business is launching only in the U.S. to start, and it comes at a steep price point of $2,349.99.

Amazon unveiled Astro, its first home robot, in September 2021. The squat, three-wheeled device can roll around the house to answer Alexa voice commands, and it has a 42-inch periscope camera that allows it to see over countertops or other obstacles to check if a stove has been left on, among other tasks.

Two years on from its debut, the original Astro, which costs $1,599, is available in limited quantities and on an invite-only basis.

Nov 15, 2023

Bing Chat is now Microsoft Copilot, to better compete with ChatGPT

Posted by in categories: business, robotics/AI

Microsoft launched its big AI push earlier this year as part of its Bing search engine, integrating a ChatGPT-like interface directly into its search results. Now less than a year later, it’s dropping the Bing Chat branding and moving to Microsoft Copilot, the new name for the chat interface you might have used in Bing, Microsoft Edge, and Windows 11.

Microsoft initially talked up the Google search competition for its AI ambitions earlier this year, but it now looks like it has its sights set on ChatGPT instead. The Bing Chat rebranding comes just days after OpenAI revealed 100 million people are using ChatGPT on a weekly basis. Despite a close partnership worth billions, Microsoft and OpenAI continue to compete for the same customers seeking out AI assistants, and Microsoft is clearly trying to position Copilot as the option for consumers and businesses.

“Bing Chat and Bing Chat Enterprise will now simply become Copilot,” explains Colette Stallbaumer, general manager of Microsoft 365. The official name change comes just a couple of months after Microsoft picked Copilot as its branding for its chatbot inside Windows 11. At the time it wasn’t clear that the Bing Chat branding would fully disappear, but it is today.

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