Tech Brew Ride Home Thu. 07/13 – Elon Launches An AI Company
Jul 13, 2023
Elon Musk has launched a new AI company featuring a star-studded tech team. Legal battles continue as the FTC appeals related to Microsoft's Activision Blizzard acquisition. Meta is enhancing its metaverse by bringing Roblox to VR headsets. The company is also set to release its commercial AI model, LLaMA, to compete with industry leaders. Finally, a new creative tool allows users to turn napkin sketches into works of art, blending creativity with technology.
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Elon Musk Launches XAI
- Elon Musk launched XAI, an AI startup, aiming to "understand the true nature of the universe."
- The team includes members from Google, Microsoft, Tesla, and OpenAI, with Musk leading the venture.
FTC Appeals Microsoft-Activision Ruling
- The FTC is appealing the court ruling that allowed Microsoft's acquisition of Activision Blizzard.
- The existing TRO expires on July 14th, and the appeal's outcome is uncertain before the deal deadline.
Ex-Celsius CEO Charged with Fraud
- Ex-Celsius CEO Alex Mashinsky was arrested and charged with fraud by the SEC, CFTC, and FTC.
- He's accused of misleading investors about CEL tokens and Celsius Network's financial status.