Using artificial intelligence to distribute monetary aid to select households
AI is being used to send some households cash relief payments Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that employs a model not commonly used by philanthropy in the United States: Giving people rapid, direct cash payments. The nonprofit GiveDirectly plans to send […]
Salesforce CEO Marc Benioff is criticizing Microsoft’s AI Copilot
Salesforce CEO Marc Benioff is tearing into Microsoft’s AI Copilot Salesforce CEO Marc Benioff has some choice words when it comes to his competitor Microsoft’s AI product. “Microsoft has really disappointed so many of our customers,” Benioff said to Business Insider. “They’ve really done it by delivering a level of hype around their AI solutions.” […]
Hemant Taneja of General Catalyst Discusses AI, LPs, and Securing Nearly $8 Billion in Funding
General Catalyst’s Hemant Taneja on AI, LPs, and raising around $8 billion I talked to General Catalyst CEO and managing director Hemant Taneja in the dark. Well, he didn’t know that, but by now he probably does. The news broke yesterday morning that General Catalyst (GC for short) had raised about $8 billion in new […]
C-Suite Leaders Anxious About AI-Generated Cyber Threats
AI-generated cyber threats have C-suite leaders on edge Good morning. The risk of cyberattacks has long been top of mind for CFOs, but in the coming months, the threat may pose even greater cause for concern as deepfakes and other new AI-driven tricks become more sophisticated. In July, more than 100 top cybersecurity leaders gathered […]
Chipotle to Utilize AI in Recruitment for Competitive Advantage
Chipotle plans on AI recruiting for competitive edge Ava Cado is coming to Chipotle, and no, I’m not talking about guacamole. On Tuesday, the fast-casual restaurant chain announced a new recruiting tool (named “Ava Cado”) to help beef up hiring. The “virtual team member,” built by recruitment software company Paradox, will chat with candidates in […]
Insights into the economy from Q3 investment banking trends
What Q3 investment banking trends reveal about the economy Good morning. CFOs are tasked with practicing precision in balancing short-term and long-term goals in a macro environment. But now with rate cuts, they could be finding more flexibility to look beyond the short term. Bank of America (BofA) CFO Alastair Borthwick made that observation during […]
How HR leaders prioritize people in an evolving workplace
HR leaders share how they’re putting people first in an ever-changing workplace Cisco Systems’ leaders regularly meet with employees to discuss what they love or even loathe about their work, project updates, and support that may be needed to do their jobs. “Really simple questions that ground us in the reality of how somebody is […]
VERSES and Volvo Cars Demonstrate Pedestrian Vehicle Safety
VERSES AI Inc. has announced initial results from its Genius™ Beta Partner collaboration with Volvo Cars, demonstrating advancements in autonomous vehicle safety. Their co-authored paper utilizes algorithms to predict the movement of pedestrians, cyclists, and cars that may be hidden behind stationary objects, addressing a key challenge in autonomous driving safety. CEO Gabriel René emphasized […]
Keep an eye on the Trump trade: Predicting the winner of the presidential election
Who will win the presidential election? Watch the Trump trade The so-called Trump trade is coming back as polls have started to tilt toward the former president in the election. Due to the Electoral College’s peculiarities, even slight changes in presidential polls in just a handful of states could signal a decisive shift toward either […]
Director of Google DeepMind urges for clear and consistent regulations for AI
Google DeepMind director calls for clarity and consistency in AI regulations In the wake of California’s governor vetoing what would have been sweeping AI safety legislation, a Google DeepMind executive is calling for consensus on what constitutes safe, responsible, and human-centric artificial intelligence. “That’s my hope for the field, is that we can get to […]