Crypto AI Tokens SingularityNET (AGIX) and Fetch.ai (FET) Rally After Musk Unveils New Company

Artificial intelligence (AI) related crypto tokens posted gains after Tesla and SpaceX CEO Elon Musk on Wednesday unveiled a new AI company called xAI as an alternative to popular chatbot ChatGPT. SingularityNET (AGIX) rose 11% over the past 24-hours, while Fetch.ai (FET) climbed about 7% over the same time period. The team will be led by Musk and includes members that have previously worked at DeepMind, OpenAI, Google Research, Microsoft Research, Tesla, and the University of Toronto, according to the company website. The newly formed company will be a separate…

Elon Musk kickstarts new AI company to ‘understand the universe’

American business magnate Elon Musk has launched a novel company dubbed “xAI” with the goal of understanding “the true nature of the universe.” According to the July 12 announcement, xAI will work closely with Twitter, Tesla and other companies owned by Musk to “make progress toward our mission.” The firm said it is actively recruiting experienced engineers and researchers in the San Francisco Bay area to join its technical staff. The company also lists Dan Hendrycks, director of the Center for AI Safety, as its adviser. Developers wrote: “We have…

Elon Musk accuses Mark Zuckerberg of cheating: Twitter vs. Threads

Twitter executive chairman Elon Musk alleged in a social media post that Meta is “cheating” over the release of Threads, a text-based social network resembling Twitter. While Musk wrote that he is fine with competition, he made it clear that he would not tolerate cheating. The billionaire’s remarks come after Twitter lawyer Alex Spiro sent a letter to Meta CEO Mark Zuckerberg threatening legal action. Competition is fine, cheating is not — Elon Musk (@elonmusk) July 6, 2023 On July 5, Spiro wrote in the letter that Twitter has the…

Elon Musk calls for AI regulatory oversight: Report

Twitter’s executive chairman Elon Musk continues to push for more regulatory oversight of artificial intelligence, claiming it may be “smarter than all humans at everything” in the future. In a video keynote address at a Chinese government-backed AI conference on July 5, Musk reportedly noted that governments should be concerned about deep intelligence, urging regulators to step in to prevent its misuse. “I do think we should be very careful with development of, especially artificial general intelligence, or very deep intelligence […] Artificial general intelligence is a computer intelligence that…

Elon Musk imposes ‘rate limit’ on Twitter citing extreme ‘system manipulation’

Social media platform Twitter is temporarily limiting the number of posts that users will be allowed to read per day, after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk. In a July 1 post, Musk said the temporary limits will see verified accounts capped at 10,000 posts per day, while unverified and new, unverified accounts are capped at 1,000 and 500 posts per day respectively: Now to 10k, 1k & 0.5k — Elon Musk (@elonmusk) July 1, 2023 Twitter users had been reporting…

Elon Musk imposes ‘rate limit’ on Twitter, citing extreme ‘system manipulation’

Social media platform Twitter is temporarily limiting the number of posts users will be allowed to read daily after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk. In a July 1 post, Musk said the temporary limits would see verified accounts capped at 10,000 posts per day, while unverified and new unverified accounts are capped at 1,000 and 500 posts per day, respectively: Now to 10k, 1k & 0.5k — Elon Musk (@elonmusk) July 1, 2023 Twitter users have been reporting issues on…

Maye Musk Cancels Jiu Jitsu Fight between Her Son Tesla CEO and Meta Platforms Co-Founder Mark Zuckerberg

Earlier, Meta co-founder Mark Zuckerberg had agreed to a Jiu-Jitsu fight in a cage with Tesla CEO Elon Musk following social media pressure. In what was described to be the biggest Jiu-Jitsu fight of the century, Meta Platforms Inc (NASDAQ: META) co-founder Mark Zuckerberg and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk had agreed to lock each other in a physical contest. The fight was ostensibly triggered by Mario Nawfal, CEO of Web3 incubator platform IBC Group, after highlighting the competitive nature between Twitter and Meta in the social media…

Mark Zuckerberg Confirms He Is Ready for Cage Fight with Elon Musk at UFC Arena in Las Vegas

Elon Musk as now chosen the Octagon UFC arena in Las Vegas as he plans a cage fight with Meta CEO Mark Zuckerberg. Meta Platforms Inc (NASDAQ: META) chairman and CEO Mark Zuckerberg is now ready for a cage fight with Tesla (NASDAQ: TSLA) CEO Elon Musk. On Wednesday, Zuckerberg posted a screenshot of Musk asking for a cage fight and captioned it “Send Me Location”. The banter between both billionaires began when International Blockchain Consulting founder and CEO Mario Nawfal tweeted that Meta is working on a Twitter rival called Threads. According to Nawfal, Meta began…