Generative AI
‘VOO and chill:’ Why this popular investment strategy may be losing its appeal — even with stocks at all-time highs
Passive investing through exchange-traded funds may be losing its appeal. Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of his clients are no longer satisfied with buying popular ETFs tied to market indexes. “I think investors are looking beyond just the let’s call it the ‘VOO and chill approach’ where you just buy […]
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Why this VC bet on $3 billion AI firm ElevenLabs after one meeting with the founder
Carles Reina, GTM manager at Eleven Labs, shared why he invested in AI company. Eleven Labs The angel investor who backed a billion-dollar AI startup when it was still in its infancy said he decided to invest in the company after just 30 minutes of meeting one of its founders. Carles Reina first decided to […]
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Alibaba prices AI glasses at $660 to rival Meta and launches ChatGPT challenger
Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category. Alibaba Alibaba on Thursday announced pricing for its upcoming artificial intelligence glasses and launched a new chatbot powered by its latest AI models. The Chinese technology […]
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For workers in young, hot world of AI careers, the dream payday is as often ending as layoff nightmare
Jose Luis Pelaez Inc | Digitalvision | Getty Images At around the same time Accenture announced its investment in data labeling startup Snorkel AI to power its financial services clients in August, the startup announced it was laying off about 13% of its staff. It wasn’t alone. When Meta took a massive stake in Scale […]
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Country music star Martina McBride’s warning on ‘terrifying’ AI deepfake scam threat to artists and fans
In May, country singer Martina McBride appeared before the Senate Judiciary Subcommittee on Privacy, Technology and the Law at a hearing to speak out against AI-generated deepfakes. Last week, she expanded on her testimony at the CNBC AI Summit in Nashville. McBride, along with Recording Industry Association of America chief policy officer Morna Willens, spoke […]
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Netflix ‘all in’ on leveraging AI as the tech creeps into entertainment industry
Sopa Images | Lightrocket | Getty Images Netflix is “all in” on leveraging generative artificial intelligence on its streaming platform, according to the company, as AI continues to make its way into mainstream entertainment. The comments came from Netflix’s earnings report Tuesday, which highlighted AI as a major focus for the world’s largest streaming service […]
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AI set to be a boon for emerging markets — but some investors aren’t convinced
Artificial intelligence is expected to democratize access to technology, making it a boon for would-be founders in emerging markets — but some investors disagree. “AI will change everything for emerging markets,” said Anton Osika, CEO and co-founder of Swedish startup Lovable, which allows others to create apps and websites via prompting, removing the need for […]
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Companies are blaming AI for job cuts. Critics say it’s a ‘good excuse’
More companies are announcing AI-driven layoffs from Salesforce to Accenture. Twenty20 From tech to airlines, large global companies have been slashing staff as the real-world impact of artificial intelligence plays out, spooking employees. But critics say AI has become an easy excuse for firms looking to downsize. Last month, tech consultancy firm Accenture announced a […]
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AI headshots are changing the way job seekers are seen and get hired in tough labor market
AI headshots are becoming popular on LinkedIn and in professional portfolios as job seekers look for affordable profile pictures to give them an edge. Since first impressions happen almost entirely through a screen, a clean, appealing photo is as important as a strong resume. And in a competitive job market, a good headshot can make […]
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U.S. federal AI regulation is on the way, Sen. Marsha Blackburn says, regardless of big tech opposition
As U.S. states start to react to growing constituent concerns around the risks associated with artificial intelligence use, Tennessee Sen. Marsha Blackburn said moving forward with a federal preemption standard is “imperative.” Earlier this week, California Gov. Gavin Newsom signed a series of bills focused on those concerns — while also vetoing some strict AI […]
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