5 Things to Know Today: November 15, 2016
Liz Biscevic — 5 Things to Know Today
In case you missed it, Microsoft is teaming up with Elon Musk on AI research, a 27-year-old has a plan to decrease Saudi Arabia's dependency on oil, and pensions in some states are moving away from hedge fund investments.
Microsoft announced a new partnership with OpenAI, the artificial intelligence research nonprofit valued at a billion dollars. The nonprofit was cofounded by Elon Musk, the CEO of Tesla and Sam Altman, the president of Y Combinator. Microsoft will be granted boosted access to OpenAI’s experiments, which they hope will give them an advantage over Google and Amazon in the months to come.
This movement has been adopted by businesses like Whole Foods, Ben & Jerry’s, and The Honest Company. These companies don’t only measure profit by money—they combine financial gain with how they are able to integrate people and the planet to define their bottom line. With the world in its current danger, shouldn't this be the goal of all companies?
The 27-year-old founder of Green Technology, Omar Alluhaydan, is convinced that Saudi Arabia can reduce its dependency on oil by investing in another resource they have plenty of: sunlight.
Medical providers rarely consider the costs when recommending treatment, but there are still ways to keep your costs low, even if you have a high-deductible plan.
Frustrated by mediocre returns and high fees, pensions in states like Kentucky, New York, and Illinois are suspending their allocations to hedge funds, along with countless foundations, hospitals, and universities.