Elon Musk

Google’s AI model under EU regulator’s scanner; probe launched over privacy concerns. All you need to know

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Google’s AI model under EU regulator’s scanner; probe launched over privacy concerns. All you need to know

European Union regulators have launched an investigation into Google’s artificial intelligence (AI) model, Pathways Language Model 2 (PaLM2), to determine if it complies with the region’s stringent data privacy laws. The inquiry, initiated by Ireland’s Data Protection Commission (DPC), forms part of broader efforts by national regulators across the EU to assess how AI systems … Read more

Elon Musk moves court against OpenAI again; Sam Altman and Greg Brockman sued: previous case ‘lacked teeth’, says lawyer

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Elon Musk moves court against OpenAI again; Sam Altman and Greg Brockman sued: previous case ‘lacked teeth’, says lawyer

Billionaire Elon Musk revived a lawsuit against OpenAI, giving rise to the six-year-old dispute that started with a power struggle at the San Francisco-based start-up, reported the New York Times on Monday, August 5. The new lawsuit, filed on Monday in a Northern Californian federal court, claimed that OpenAI and two of its founders, Sam … Read more

Why OpenAI-Google battle is not just about search. It’s also about building the most powerful AI

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Why OpenAI-Google battle is not just about search. It's also about building the most powerful AI

While this is the obvious part, beneath the surface, the bigger fight is also about controlling all streams of user data, including those from search engines and social media, which can help big tech companies such as Google, OpenAI, Microsoft, Meta, Nvidia and Elon Musk’s xAI build the world’s most powerful artificial intelligence (AI) model. … Read more

Hedge funds that piled into big Tesla short stung by huge rally

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Hedge funds that piled into big Tesla short stung by huge rally

Hedge funds piled into short bets against Tesla Inc. right before the electric vehicle maker unveiled a set of numbers that triggered a hefty share-price rally. About 18% of the 500-plus hedge funds tracked by data provider Hazeltree had an overall short position on Tesla at the end of June, the highest percentage in more … Read more

Tesla shareholders advised to reject Musk’s $56 billion pay

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– Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the “excessive size” of the pay deal, the … Read more

Tesla share price jumps 10% as Musk’s pledge to build affordable cars allays growth concerns

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Tesla share price jumps 10% as Musk's pledge to build affordable cars allays growth concerns

Tesla shares experienced a premarket surge of approximately 10.5% on Wednesday, following reassuring announcements from the electric-car manufacturer, according to news agency Reuters. These announcements included optimistic sales projections for the year and plans to introduce more affordable models by early 2025, alleviating concerns about slowing growth. Investors had been anticipating negative news after a … Read more

xAI introduces Grok 1.5 Vision: Know how it competes with GPT-4 and Gemini 1.5 Pro

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xAI introduces Grok 1.5 Vision: Know how it competes with GPT-4 and Gemini 1.5 Pro

xAI, an artificial intelligence venture by Elon Musk, has unveiled an improved version of its Grok 1.5 model called Grok 1.5 Vision. This upgraded model now includes computer vision abilities, enabling it to understand and answer questions about images. This update comes shortly after OpenAI introduced its GPT-4 model, which also features computer vision capabilities. … Read more

Tesla CEO Elon Musk predicts AI will surpass human intelligence by 2026

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Tesla CEO Elon Musk predicts AI will surpass human intelligence by 2026

Elon Musk, the CEO of Tesla, made some bold predictions during an interview on Monday, suggesting that artificial intelligence (AI) smarter than the smartest human could be developed as soon as next year or by 2026. Speaking on X spaces, despite facing multiple technology glitches, Musk discussed various topics, including the constraints faced by AI … Read more

Tesla shares jump 5% after Elon Musk announces Robotaxi launch date

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Tesla shares jump 5% after Elon Musk announces Robotaxi launch date

Tesla Inc. shares jumped as much as 5 per cent on Monday after chief executive officer (CEO) Elon Musk announced the company will unveil Robotaxi in August this year. The electric car maker will unveil the self-driving Robotaxi on August 8, said Musk in a post on social media platform X.  Without revealing details Musk … Read more

Elon Musk announces launch of Grok-1.5 AI chatbot on X next week. How will it change social media?

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Elon Musk announces launch of Grok-1.5 AI chatbot on X next week. How will it change social media?

Elon Musk on Friday announced that his artificial intelligence startup xAI will launch the latest version of its Grok-1.5 chatbot for the social media platform X. The enhanced version of Grok AI chatbot will be available for X users from next week and should exceed current AI technology in all metrics, Elon Musk said. The … Read more