Bill Ackman

Photo: Jaap Arriens/NurPhoto (Getty Images)There’s so much talk about AI and ChatGPT these days, but what is it really good for? If you’ve been struggling to figure out how to actually use AI in your everyday life, you’re not alone. Many of us are feeling lost about AI, but the practical use cases of ChatGPT are not as obvious as you might think. These magical AI chatbots are supposed to be taking our jobs and rapidly improving the world, but do you even really trust them to write an email?The key to actually using…

Welcome to AI This Week, Gizmodo’s weekly deep dive on what’s been happening in artificial intelligence.Why is Everyone Suing AI Companies? | Future TechWhen I first saw a video of Dean Phillips, I thought it was a deepfake of Ron DeSantis. The guy’s head has roughly the same shape and hair color as the Florida governor’s, although his features are slightly less troll-like. Since then I’ve learned that no, actually, he’s a totally different guy. As a listless 2024 Democratic presidential candidate, Phillips still sorta…

Billionaire hedge fund chief and burgeoning Internet Main Character Bill Ackman used the afternoon of Martin Luther King Jr. Day to claim the civil rights leader would have been against the movement for diversity, equity, and inclusion in higher education and businesses. It’s a claim that MLK’s daughter has previously rejected. Ackman made the comments during a Space conversation on X (formerly Twitter) alongside Democratic presidential candidate Dean Phillips and X owner Elon Musk on Monday. The discussion came…

Jan. 14, 2024 12:27 pm ETBusiness Insider owner Axel Springer said it stands by the publication after reviewing the reporting process behind stories that alleged plagiarism by Neri Oxman, the designer and former Massachusetts Institute of Technology professor who is married to hedge-fund billionaire Bill Ackman.The German media company said last week it would review the process and motivations behind the recent BI articles. The review came amid complaints from Ackman, in a series of posts on X, about the publication’s…

Since acquiring Business Insider nine years ago, Axel Springer has largely steered clear of intervening in the news outlet’s editorial operations, even when high-profile people objected to unflattering articles about them.That hasn’t been the case in recent days. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Since acquiring Business Insider nine years ago, Axel Springer has largely steered clear of intervening in the news outlet’s editorial operations, even when…

Hedge fund manager Bill Ackman defended Elon Musk after major advertisers pulled ads from social media site X over antisemitic commentary. Musk received backlash after he agreed with a post that said Jewish people hold a “dialectical hatred” of white people. “You have said the actual truth,” the billionaire owner of X posted on Wednesday.  That prompted criticism from the White House and shareholders of Tesla Inc., Musk's only publicly traded company, with some investors saying he should be suspended from his position as…

Shares of several companies linked to India’s richest man, Gautam Adani, fell sharply Friday, losing tens of billions of dollars in market value after a U.S. short seller’s allegations of fraud at his sprawling conglomerate continued to unnerve investors. Five of the seven listed Adani Group 512599 -18.52% companies ended the day 16% to 20% lower, and the other two fell by the maximum 5% permitted by…

Screenshot: New York Times / YouTubeSam Bankman-Fried, the founder of FTX and former CEO, spoke with New York Times and CNBC host Andrew Ross Sorkin in a highly anticipated interview on Wednesday that had been booked before FTX imploded. And it was a master class in spin.Bankman-Fried, more commonly known as SBF, joined virtually from the Bahamas and spent the interview repeatedly adopting the posture and cadence of a 15-year-old kid caught with a baggie of weed in his sock drawer. But SBF wasn’t caught smoking weed by…

Photo: AFP Contributor (Getty Images)Visa and Mastercard, two of the world’s largest payment processors, said Thursday that they will suspend payments for ad purchases on Pornhub. The move comes on the heels of a judge allowing a lawsuit to proceed that accuses Visa of knowingly facilitating the spread of child pornography, also known as child sexual abuse material (CSAM). A federal judge denied Visa’s motion to dismiss last week, allowing the case to move forward against the payment processor for alleged involvement in a…