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In December, Elon Musk became angry about the development of artificial intelligence and put his foot down. He had learned of a relationship between OpenAI, the start-up behind the popular chatbot ChatGPT, and Twitter, which he had bought in October for $44 billion. Mr. Musk believed the A.I. So Mr. Musk cut OpenAI off from Twitter’s data, they said. Since then, Mr. Musk has ramped up his own A.I.

☆ 3 ways the $800 billion AI explosion will boost Tesla's stock in the future
▼ + stars: | 2023-04-24 | by ( Joe Ciolli | ) www.businessinsider.com time to read: +2 min

In a new note to clients, the firm looked at how the AI boom will impact the market's top tech titans. Detailed below are three ways Wedbush sees AI opportunities helping Tesla's stock in the future. Ives also has thoughts on how Musk's forays into AI can boost shares of his crown jewel: Tesla. He sees three ways its implementation can help drive stock gains in the future. "That could lead to further improvements of Tesla's supply chain by opening up limitless labor supply for production lines while improving its cost structure during a labor constrained environment," he wrote.

☆ An AI researcher that Elon Musk hired was arrested in a domestic violence case
▼ + stars: | 2023-04-20 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Elon Musk's new AI researcher Igor Babuschkin was arrested in March in a domestic violence case. Musk reportedly hired Babuschkin as part of a push to develop a competitor to OpenAI's ChatGPT. The case involved "a minor injury," but did not otherwise pose a threat to public safety, Philip told Insider. Babuschkin was arrested at 588 Webster Street, according to a police report log posted last month on the Palo Alto Police Department's website. Musk has also brought on resources including roughly 10,000 graphics processing units to execute his AI plans, Insider previously reported.

☆ Elon Musk says people should be cautious with AI because the tech is 'a danger to the public'
▼ + stars: | 2023-04-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk called AI a danger to the public during an interview with Tucker Carlson. In an interview on Fox News' "Tucker Carlson Tonight," he said people should be "cautious with AI" and advised that there should be government oversight because the tech is "a danger to the public." "I think we'll have a better chance of advanced AI being beneficial to humanity in that circumstance," he added. It's far from the first time the billionaire has discussed the potential risks of advanced AI. He's previously compared AI with nuclear warheads, told Tesla investors that the tech stresses him out, and criticized OpenAI, a company he cofounded.

☆ Elon Musk now says he wants to create a ChatGPT competitor to avoid 'A.I. dystopia'—he's calling it 'TruthGPT'
▼ + stars: | 2023-04-19 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

"I'm going to start something which I call TruthGPT," Musk told Fox News' "Tucker Carlson Tonight" on Monday, adding that he'd want his AI chatbot to be a "maximum truth-seeking AI that tries to understand the nature of the universe." He didn't provide evidence for those claims, or detail exactly what a "truth-seeking AI" might entail. "A path to AI dystopia is to train AI to be deceptive," Musk said. "It could cause harm," Pichai told CBS News' "60 Minutes" on Sunday. Twitter — which intends to pursue generative AI, Musk told the BBC last week — is a for-profit company.

☆ Advanced AI keeps Sundar Pichai up at night and makes Sam Altman a bit scared. Here's why some tech execs are wary of its potential dangers.
▼ + stars: | 2023-04-18 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Here's what tech executives are saying about the potential dangers of advanced AI tech. In a recent interview with Tucker Carlson, Musk said AI had the potential to destroy civilization. Sam AltmanOpenAI CEO Sam Altman has said he's a "little bit afraid" of AI. "And I think it'd be crazy not to be a little bit afraid, and I empathize with people who are a lot afraid." In an earlier interview with ABC News, Altman said that "people should be happy" that his company was "a little bit scared" of the potential of artificial intelligence.

Musk has repeatedly warned recently of the dangers of AI, amid a proliferation of AI products for general consumer use, including from tech giants like Google and Microsoft. In his interview with Carlson, Musk said “we’re going to start something which I call TruthGPT.” Musk described it as a “maximum truth-seeking AI” that “cares about understanding the universe.”“Hopefully there’s more good than harm,” Musk said. More recently, Musk is reportedly working to build a generative AI startup that could rival OpenAI and ChatGPT. During his conversation with Carlson, Musk addressed his ownership of Twitter — which he bought for $44 billion and has been engaged in controversy since. “I thought there’d probably be some negative reactions,” Musk told Carlson, saying the public will ultimately decide the app’s future.

☆ Elon Musk Creates New Artificial Intelligence Company X.AI
▼ + stars: | 2023-04-15 | by ( Berber Jin | Deepa Seetharaman | ) www.wsj.com time to read: 1 min

Elon Musk previously has warned about the risks from AI technology and advocated for its regulation. Elon Musk has created a new artificial intelligence company called X.AI Corp. that is incorporated in Nevada, according to a state filing. Mr. Musk is the only listed director of the company, and Jared Birchall, the director of Mr. Musk’s family office, is its secretary, according to the filing made last month. X.AI has authorized the sale of 100 million shares for the privately held company.

☆ Elon Musk has registered X.AI in Nevada and is reportedly talking to SpaceX and Tesla investors about backing his planned AI startup
▼ + stars: | 2023-04-14 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Elon Musk is reportedly planning an AI startup amid the chatbot craze kicked off by OpenAI's ChatGPT. He is talking to Tesla and SpaceX investors about backing the startup, FT reported. Musk has recruited AI experts and obtained graphics processing units, Insider previously reported. Musk did not respond to emailed requests for comment sent to his Tesla and SpaceX email addresses. Insider's Kali Hays has also previously reported that Musk has brought on artificial intelligence experts, and obtained roughly 10,000 graphics processing units.

☆ Elon Musk creates A.I. startup called X.AI to take on OpenAI's ChatGPT
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk creates A.I. startup called X.AI to take on OpenAI's ChatGPTHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Richard Waters, Financial Times editor, joins the show to discuss Elon Musk's push into the generative AI race.

REUTERS/Phil NobleCOVENTRY, England, Feb 1 (Reuters) - Developing fully autonomous vehicles (AVs) that can go everywhere has proven harder and more expensive than expected, but investors are continuing to fund startups that target simpler self-driving vehicle solutions far removed from pedestrians and other vehicles operated by unpredictable humans. Earlier promises made by robotaxi companies of operating fleets of vehicles by the early 2020s have fallen well short. BMW iVentures has also invested in AV truck technology firm Kodiak Robotics, which managing partner Sage said has adopted a simpler approach to areas like mapping. Construction and agricultural equipment - used off-road in low-traffic environments - has been another growth area for AV startups. U.S. agricultural equipment maker AGCO Corp (AGCO.N), for instance, is using the Palo Alto, California-based startup's software for an experimental automated electric planter.

☆ Factbox: Investments flow to automated vehicles in non-auto settings
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +2 min

Feb 1 (Reuters) - Corporate and private investors have turned from funding autonomous trucks and passenger cars to companies and applications in a variety of non-automotive settings, from construction and mining to airports and agriculture. Among them:Company: Aurrigo (AURR.L)Headquarters: Coventry, UKStatus: publicFounded: 1993Focus: urban & airport shuttlesMarket capitalization: $40 millionCompany: OxboticaHeadquarters: Oxford, UKStatus: privateFounded: 2014Focus: passenger shuttles, warehouse vehicles, last-mile deliveryInvestors: ZF, BP, Ocado, Eneos, AXA, TencentMoney raised: $256 millionValuation: $720 millionPartners: ZF, BP, OcadoCompany: EinrideHeadquarters: Stockholm, SwedenStatus: privateFounded: 2016Focus: logistics yardsInvestors: Maersk, Ericsson, TemasekMoney raised: $655 millionPartners: Maersk, Bridgestone, InBev, GECompany: OutriderHeadquarters: Golden Colorado, USAStatus: privateFounded: 2017Focus: yard & warehouse vehiclesInvestors: Nvidia, Sumitomo, Abu Dhabi Investment FundMoney raised: $200 millionValuation: $550 millionCustomers: Georgia-PacificCompany: TeleoHeadquarters: Palo Alto, California, USAStatus: privateFounded: 2019Focus: construction & mining equipmentInvestors: UP Partners, Trucks, F-Prime, K9Money raised: $12 millionValuation: $44 millionCompany: Parallel SystemsHeadquarters: Los Angeles, USAStatus: privateFounded: 2020Focus: railcarsInvestors: Anthos, Congruent, Embark, RiotMoney raised: $53 millionValuation: $188 millionCompany: KodiakHeadquarters: Mountain View, California, USAStatus: privateFounded: 2018Focus: trucks, defense vehiclesInvestors: BMW, Bridgestone, PilotMoney raised: $198 millionValuation: $506 millionCustomers: IkeaCompany: Fox RoboticsHeadquarters: Austin, Texas, USAStatus: privateFounded: 2017Focus: forkliftsInvestors: Menlo, Eniac, Congruent, AMEMoney raised: $33 millionCompany: Apex.AIHeadquarters: Palo Alto, California, USAStatus: privateFounded: 2017Focus: agriculture equipmentInvestors: Toyota, Airbus, Agco, Daimler Truck, ZF, Jaguar Land Rover, Volvo Group, Hella, ContinentalMoney raised: $74 millionValuation: $297 millionSources: PitchBook, companiesReporting by Paul Lienert in Detroit Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

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☆ I left a top-floor job at Goldman Sachs for a tiny self-driving-car startup. Here's how I shook off the 'golden handcuffs' to land my dream job.
▼ + stars: | 2022-11-12 | by ( Alexa St. John | ) www.businessinsider.com time to read: +8 min

Kulkarni, a former Goldman Sachs investment associate, pivoted to a self-driving-tech startup. He started his career as an investment analyst and has a background in systems science and engineering and finance. As a third-year analyst at Goldman, I felt like that was the perfect time to take that leap of faith. And the whole idea of a boot camp is that it focuses on developing true functional skills to immediately join a startup. The first startup I joined wasn't the right cultural fitI definitely had a moment where I said: What?

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