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Paramount Names Scale AI CFO Dennis K. Cinelli to Board of Directors

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Paramount Skydance has named Scale AI chief financial officer Dennis K. Cinelli to its board of directors. 

Cinelli will act as an independent director on the board, effective immediately. His appointment expands the board to 11 directors, following the post-merger appointments of new CEO David Ellison as chair, Sherry Lansing, former head of Paramount Pictures, Oracle CEO Safra Catz and RedBird Capital Partners’ Gerry Cardinale. 

Barbara Byrne, former vice chairman of British investment bank Barclays PLC, is the lone holdover from the old board and will sit as an independent director, as will Lansing and Cinelli.

Paramount Skydance pointed to his work in AI as “a valuable resource in advancing Paramount’s growth objective.” Ellison has spoken about bringing more technology and innovation to the company under his leadership as a way to compete with Netflix and YouTube. To that end, the company recently announced the hiring of Dane Glasgow, who was most recently a vice president at Facebook, as its new chief product officer. 

Before serving as CFO of Scale AI, which helps companies and governments build and manage AI models, Cinelli worked as an executive at Uber, including vice president of global strategic finance. He also previously worked as CFO for GE Ventures, General Electric’s corporate venture capital business.

“We’re thrilled to welcome Dennis to our board. He brings a unique blend of operational expertise and financial insight, shaped by his strong track record in driving cross-functional growth and embracing emerging technologies. His proven ability to pair fiscal discipline with a bold, forward-looking approach makes him an exceptional addition to our team as we continue to advance Paramount’s strategic vision and long-term growth,” Ellison said.



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One year in, Business Insider’s AI search is boosting click-throughs

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A year in, Business Insider’s AI onsite search is driving deeper engagement, though not necessarily broader adoption.

The AI search tool, which Business Insider launched in October 2024, is one of several AI-powered products developed by the company in the past year and discussed by BI CTO Harry Hope during a talk at this week’s Digiday Publishing Summit in Miami, Florida.

Although Business Insider’s AI search tool is currently only used by roughly one percent of Business Insider’s readership — Hope said that this was the percentage of readers who had used BI’s previous search tool, and that the “percentage hasn’t grown that dramatically in a year of use” — it has significantly increased the engagement of those who do use the tool, with click-through to articles increasing by 50 percent since October, per Hope. 

“The goal here was to really find a way to build something that promoted journalism, not try and cover it up or paint it over with AI, right? We felt strongly that, when it comes to AI and chatbots, it’s not a one-size-fits-all solution,” Hope said. “We can do creative things to actually promote the work that our journalists do day-in and day-out — and it worked quite well.”

Business Insider’s updated search tool isn’t the company’s only AI product that has grown over the past year. Consumption of BI’s AI audio briefings, which launched in June, has also grown by 20 percent month-over-month, per Hope. In addition to front-facing tools like the AI search and audio briefing, Business Insider staff have stepped up their internal use of AI, with Hope estimating that between 80 and 90 percent of staff were using AI tools — an increase from the roughly 70 percent of BI staff using AI tools in May.

“People are particularly interested in building GPTs for specific use cases. I think we have about 200 right now across our organization that people have created just for different, sometimes surprising, utilities,” said Hope, who elaborated that BI staff are using AI chatbots to simulate notes from editors or feedback from potential advertisers.

Business Insider was not the only publication that discussed AI search tools on the stage at this week’s conference. Wirecutter executive director of commerce Leilani Han said that the publication’s new AI-powered search feature had “definitely” improved click-throughs to its product recommendations, although she declined to share a specific growth figure. 

Han added that Wirecutter was actively looking to optimize its content for AI search — but that it had found that the playbook for AI search optimization is not a huge shift from the playbook for traditional search optimization. 

“The planning doesn’t seem to be drastically different,” she said. “For us, our focus has always been certainly the readers, and that hasn’t really changed.”

During his Publishing Summit talk, Hope acknowledged that Business Insider’s AI tools aren’t yet a significant revenue stream for the company, although BI views products such as the AI audio briefing as potential advertising or sponsorship inventory down the line. For now, Business Insider is investing in AI because it believes it will improve the company’s bottom line in the future — not because it’s a huge moneymaker in 2025.

“The ROI doesn’t look great — I’m not going to lie to you, just if you compare the dollars and cents — but we need to weigh that against where we see the future panning out, where the puck is going,” Hope said. “And part of it involves buy-in and faith from your organization that it is valuable to spend some of your resources on these tools and these technologies.”



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Baidu shares surge as the company secures major AI partnership, fresh capital

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Baidu has launched a slew of AI applications after its Ernie chatbot received public approval.

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Chinese tech giant Baidu saw its shares in Hong Kong soar as much as 12% on Wednesday as the company ramps up its artificial intelligence plans and partnerships. 

Shares in the Beijing-based firm, which holds a dominant position in China’s search engine market, had gained 9% overnight in U.S. trading.

The strong stock performance comes after Baidu earlier this week secured an AI-related deal with China Merchants Group, a major state-owned enterprise, focused on transportation, finance, and property development. 

“Both sides plan to focus on applications of large language models, AI agents and ‘digital employees,’ vowing to make scalable and sustainable progress in industrial intelligence based on real-life business scenarios,” according to Baidu’s statement translated by CNBC.

Baidu has been aggressively pursuing its AI business, which includes its popular large language model and AI chat bot Ernie Bot. 

On Tuesday the company disclosed a 4.4 billion yuan ($56.2 million) offshore bond offering due 2029, in a move that will help grow its war chest as it seeks to compete in China’s competitive AI space.

Other Chinese AI players like Tencent have also been raising funds including via debt sale this year as they pour billions into their AI capabilities. 



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Bishop International Airport rolling out AI parking system – abc12.com

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Bishop International Airport rolling out AI parking system  abc12.com



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