The AI industry has experienced a flurry of exciting news over the course of the week. The headlines have been dominated by developments from some of the biggest names in the industry, including Elon Musk, Tesla Inc. TSLA, Meta Platform Inc. HALFAND Microsoft Corp. MSFT. Here’s a quick rundown of the biggest stories for those who may have missed them.
Musk prepares for Grok 2
Elon Musk, the founder of xAI, has announced that the latest version of his startup’s artificial intelligence model, Grok, will begin rolling out to xAI users next week. Musk is confident that Grok 2 will outperform Meta’s Llama, OpenAI’s GPT-4, and Anthropic’s Claude 3 on all metrics. Read the full article here.
Tesla hires Optimus for the humanoid robot
Tesla, known primarily for its electric vehicles, is expanding into artificial intelligence and robotics. The company has posted a job advert for a key role in its Optimus Humanoid Robot project, sparking speculation that the product’s launch could be imminent. Read the full article here.
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Zuckerberg’s personal appeal to AI talent
Meta CEO Mark Zuckerberg is making a personal effort to lure top AI talent from Google’s DeepMind. Reports suggest that he is offering positions without interviews and higher salaries, indicating a serious push by Meta to strengthen his AI capabilities. Read the full article here.
AI bubble imminent?
Speculation about an impending AI bubble is rife, with recent activity underway Nvidia, Amazon.com Inc. AMZN, and Microsoft cited as potential indicators by Richard Windsor, a veteran technology stock analyst. He warns that the current enthusiasm around artificial intelligence may not last. Read the full article here.
Microsoft shares are set to rise
Microsoft, already a leader in the artificial intelligence revolution, is poised to grow further, according to Wedbush analyst Daniel Ives. He sees a 19% upside for the tech giant’s shares thanks to increased use of its Copilot artificial intelligence. Read the full article here.
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