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Workday Co-CEO Carl Eschenbach Stresses Importance Of Responsible AI Use: 'Our Data Is Highly Curated'
Friday, January 19, 2024 - 6:07pm | 394Workday, Inc. (NASDAQ:WDAY) co-CEO Carl Eschenbach addressed the company's decade-long commitment to the responsible use of AI at the World Economic Forum in Davos, Switzerland. What Happened: Eschenbach stated on CNBC's "Squawk Box" Thursday that Workday has been working with regulators...
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David Rubenstein Predicts 3 Fed Rate Cuts, Emphasizes Trump's Election Prospects: 'He's A Serious Political Force'
Friday, January 19, 2024 - 10:27am | 654At the World Economic Forum in Davos, David Rubenstein, co-chairman of the Carlyle Group and renowned philanthropist, offered predictions on interest rate cuts and the U.S. political landscape for 2024, including Donald Trump‘s rising prospects in the upcoming presidential election....
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Antony Blinken's Grounded Flight Intensifies Boeing's Crisis: Trust Plummets In Latest Survey
Thursday, January 18, 2024 - 4:52pm | 662Airplane manufacturer The Boeing Company (NYSE:BA) has faced a series of setbacks related to its popular Boeing 737 plane. Compounding the problems, a high-ranking Biden Administration official had to switch planes because of issues with a 737. What Happened: U.S. Secretary of State Antony Blinken...
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AI's 'Massively Destabilizing' Impact Needs More Human Oversight, Say Davos Leaders
Thursday, January 18, 2024 - 3:34pm | 980Bringing together a diverse mix of political figures and tech visionaries, the “Hard Power of AI” panel at the World Economic Forum in Davos delved into the profound influence of AI in our daily lives, emphasizing critical viewpoints on democratization, regulation, defense, and...
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Davos Crypto Panel Backs CBDCs, Rejects Dogecoin; Ripple CEO Says 'I Don't Get It'
Thursday, January 18, 2024 - 3:07pm | 644A panel at the World Economic Forum (WEF) meeting in Davos, Switzerland titled "Clear-Eyed About Crypto" agreed the cryptocurrency industry needs further regulatory clarity. The panel also struck an optimistic tone but rejected the appeal of meme coins like Dogecoin (CRYPTO: DOGE). When...
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Sam Altman At Davos: More Users Will Be Talking To Their Computers In 2024
Thursday, January 18, 2024 - 2:19pm | 815The World Economic Forum at Davos has become the latest stage for discussions on artificial intelligence, where the topic has been labeled a key issue in this year's gathering. Sam Altman, the CEO of OpenAI, is become one of the most prominent names in attendance at Davos, along with other high-...
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Macron Advocates For Joint European Bonds To Fund Defense, Tech Amid Rising Global Competition
Thursday, January 18, 2024 - 5:32am | 587French President Emmanuel Macron has proposed issuing joint European debt to finance critical sectors such as defense and technology. This move aims to ensure Europe’s sovereignty amidst growing competition from the US and China. What Happened: Macron, speaking at the World Economic Forum in...
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When Grok Met Klaus Schwab: Elon Musk's AI Chatbot Throws Playful Jabs At WEF Chief
Thursday, January 18, 2024 - 4:37am | 664Tech billionaire Elon Musk used the Grok AI chatbot made by his company, xAI, to take a potshot at the World Economic Forum's chairperson Klaus Schwab. What Happened: Musk's potshot at Schwab comes amidst the ongoing 54th annual meeting of WEF at Davos-Klosters. In the attached pictures, Grok is...
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Bill Gates Says 'Bad Guys Will Be More Productive' As Sam Altman And Other Leaders Discuss Potential Impact Of AI On US Presidential Election
Wednesday, January 17, 2024 - 10:43pm | 680In a recent discussion, Bill Gates, co-founder of Microsoft Corp (NASDAQ:MSFT) and OpenAI CEO Sam Altman, expressed their concerns about the potential impact of artificial intelligence (AI) on elections in the upcoming year. What Happened: During a panel at the World Economic Forum in Davos,...
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Uber, Tesla Team Up To Drive EV Adoption: Khosrowshahi Says Company Remains 'Totally Committed' To Electrification Despite Demand Concerns
Wednesday, January 17, 2024 - 5:11pm | 506Uber Technologies Inc (NYSE:UBER) is working with Tesla Inc (NASDAQ:TSLA) to encourage drivers to switch to electric vehicles. Uber CEO Dara Khosrowshahi believes more and more companies are going to have to work together to achieve electrification. What To Know: Axios on Wednesday...
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Argentina's Milei Condemns Socialism At Davos, Warns Against 'Left-Wing Doctors' Attacking Capitalism
Wednesday, January 17, 2024 - 12:15pm | 757Argentine President Javier Milei delivered a fervent defense of free-market capitalism and issued a stark warning about the perils of socialism at the World Economic Forum Wednesday, invoking the economic principles of Nobel laureate Milton Friedman. “The Western world is in danger”...
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Blinken At Davos: US Strategic Vision On Middle East, Ukraine, And 'Most Complex' Relationship With China
Wednesday, January 17, 2024 - 11:19am | 817At the World Economic Forum 2024 in Davos, U.S. Secretary of State Antony Blinken, in a conversation moderated by New York Times journalist Tom Friedman, outlined America’s strategies for navigating the intricate web of Middle East tensions, the ongoing Ukraine conflict, and the delicate...
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Xi Jinping's Second-In-Command Projects Confidence At Davos: 'Chinese Economy Can Handle Ups And Downs'
Tuesday, January 16, 2024 - 4:06pm | 741The second day at the World Economic Forum meeting in Davos launched with remarks from Li Qiang, China's premier and second-in-line after Xi Jinping, who said that the Chinese economy is equipped to manage fluctuations in its performance and emphasized that the general trajectory of its long-term...
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US National Security Advisor Sullivan At Davos: 'Major Powers More Interdependent Than Ever'
Tuesday, January 16, 2024 - 3:13pm | 739U.S. National Security Advisor Jake Sullivan presented a clear vision for the U.S. in a rapidly evolving geopolitical landscape during an insightful exchange with Børge Brende, president of the World Economic Forum. Addressing key global issues, from the Ukraine conflict to U.S.-China relations,...
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2024 Win For President Joe Biden Or Donald Trump Would Be 'Threatening' For Markets, Ray Dalio Says
Tuesday, January 16, 2024 - 2:54pm | 515Bridgewater Associates founder Ray Dalio believes a rematch of the 2020 election will be problematic for markets, regardless of the outcome. What To Know: In an interview from the World Economic Forum Tuesday on CNBC’s “Squawk Box,” Andrew Ross Sorkin asked Dalio how a...