Tag: Musk Twitter

Elon Musk plans AI startup to rival OpenAI – FT
15Apr By adminNo Comments
Technology

Elon Musk plans AI startup to rival OpenAI – FT

[ad_1] Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans.Twitter-owner Musk is assembling a team of AI researchers and engineers, according to the report, which added he is also in discussions with some investors in SpaceX and Tesla Inc about putting money into his new venture. Musk did not immediately respond to a Reuters request for comment. A group of artificial intelligence experts and industry executives including Musk recently called for a six-month pause in developing systems more powerful than OpenAI's GPT-4, citing potential risks to society.Musk has reportedly secured thousands of graphic processor units, systems that power high-pow...
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Elon Musk Must Preserve Twitter’s Most Vital Function
24Nov By adminNo Comments
Technology

Elon Musk Must Preserve Twitter’s Most Vital Function

[ad_1] The platform’s experience in Japan shows how it can play a crucial role — if Elon Musk doesn’t break it. For all the controversy surrounding his purchase of Twitter Inc., Elon Musk has at least one thing right: Twitter really is “like open-sourcing the news.” The world's richest man has long been an advocate for “citizen journalism,” but since his takeover of the social media site he's been particularly talkative on the idea of ordinary people, rather than what he terms media elites, being the ones who surface information.  The history of Twitter in its second-biggest market shows his instinct here is likely correct. Little attention has been paid internationally to the impact of Musk's purchase in Japan, but in 2021, the country contributed around 13% of revenue, nearly as a m...
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Musk Risks Opening Door to New Twitter Rivals, Ex-Chairman Says
17Nov By adminNo Comments
Technology

Musk Risks Opening Door to New Twitter Rivals, Ex-Chairman Says

[ad_1] Elon Musk will be creating room for competitors of Twitter Inc. to emerge if he breaks the “ethos” of the influential social media company, former Chairman Patrick Pichette said. Elon Musk will be creating room for competitors of Twitter Inc. to emerge if he breaks the “ethos” of the influential social media company, former Chairman Patrick Pichette said.  Pichette, who led the board in 2020 and 2021 and remained a director until the sale to Musk closed in October, told French-language broadcaster Radio-Canada that it's “too early to tell” if the Tesla Inc. billionaire will be good for Twitter. But if Twitter becomes a less attractive place for users, others will spring up to compete, Pichette said.  “If Elon Musk breaks the ethos of Twitter, with the beauty of the internet, yo...
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Elon Musk says he will find a new CEO for Twitter
17Nov By adminNo Comments
Technology

Elon Musk says he will find a new CEO for Twitter

[ad_1] Musk made the remarks while testifying in a Delaware court to defend against claims that his $56 billion pay package at Tesla Inc was based on easy to achieve performance targets. Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week.Musk made the remarks while testifying in a Delaware court to defend against claims that his $56 billion pay package at Tesla Inc was based on easy to achieve performance targets and was approved by a compliant board of directors. However Musk later said in a tweet that he will continue to run Twitter until it is in a strong place, though it will "take some time." Musk's tweet came after former...
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Elon Musk Says Twitter Is Taking Up Almost All His Time
17Nov By adminNo Comments
Technology

Elon Musk Says Twitter Is Taking Up Almost All His Time

[ad_1] Elon Musk told a judge he is spending almost all his time now reorganizing Twitter Inc. rather than on the other companies he oversees. Elon Musk, whose $55 billion Tesla Inc. pay deal is being challenged in court as too excessive for a part-time chief executive officer, told a judge he is spending almost all his time now reorganizing Twitter Inc. rather than on the other companies he oversees.Since acquiring Twitter for $44 billion in October, Musk testified Wednesday in Delaware that the lion's share of his time “for the past few weeks” has been at the social-media platform, though he said the “fundamental organizational restructuring” will be completed by the end of next week. Delaware Chancery Judge Kathaleen St. J. McCormick is hearing evidence in a trial to determine whet...
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Vengeful Elon Musk hits back at those accused of misleading him, axes many top execs
28Oct By adminNo Comments
Technology

Vengeful Elon Musk hits back at those accused of misleading him, axes many top execs

[ad_1] Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him. Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker Tesla Inc has said he wants to "defeat" spam bots on Twitter, make the algorithms that determine how content is presented to its users publicly available, and prevent the platform from becoming an echo chamber for hate and division, even as he limits censorship. Yet Musk has not offered details on how he will achieve all this and who will run the company. He has said he plans to cut jobs, leaving T...
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If Musk Owning Twitter Is a Security Risk, What About Tesla?
22Oct By adminNo Comments
Technology

If Musk Owning Twitter Is a Security Risk, What About Tesla?

[ad_1] In these paranoid times, the electric-vehicle company’s prowess in technology and artificial intelligence could also come under suspicion. Might Elon Musk be saved from the madness of his deal for Twitter Inc. by paranoia? Bloomberg News had a bombshell scoop Thursday night reporting that Biden administration officials, viewing Musk as a little too Russophilic, are weighing security reviews for his various ventures. Space Exploration Technologies Corp., or SpaceX, could be an obvious target, as could that social media platform he is about to buy. But what about the big kahuna, Tesla Inc.? It seems far-fetched that this could actually derail the Twitter deal and it's unclear which agency would even have the authority to conduct such a review, although the Committee on Foreign...
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