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Tesla stock jumps as optimism grows around Q3 earnings and ‘robotaxi day’

Tesla stock jumps as optimism grows around Q3 earnings and ‘robotaxi day’

Tesla stock surges amid optimism on Q3 earnings, ‘robotaxi day’ October is set to be a critical month for Tesla[/hotlink]. It’s been a rough year for the EV maker’s stock, but a new optimism related to next week’s Q3 earnings release helped drive shares up 5% on Monday, erasing their previous year-to-date losses. The recent […]

California Leads in AI Regulation, Despite Governor Newsom’s Uncertainty on SB1047

California Leads in AI Regulation, Despite Governor Newsom’s Uncertainty on SB1047

California is leading the way on AI regulation—but Governor Gavin Newsom is still unsure about SB1047 Hello and welcome to Eye on AI. In this edition…California takes the reins on AI regulation, LinkedIn quietly starts training its AI on user data, and new research shows how generative AI is guzzling up water and electricity on […]

UN report warns that Big Tech and rich nations are taking over AI development

UN report warns that Big Tech and rich nations are taking over AI development

AI development is being hijacked by Big Tech and rich nations, UN report warns Artificial Intelligence (AI) is often regarded as the modern-day equivalent of electricity, powering countless human interactions daily. However, startups and developing nations face a clear disadvantage as Big Tech companies and richer nations dominate the field, especially when it comes to […]

The Impact of AI Deepfakes on Elections is Surprising, Contrary to Expectations

The Impact of AI Deepfakes on Elections is Surprising, Contrary to Expectations

AI deepfakes are shaping the election but not the way most feared With the 2024 election looming, the first since the mass popularization of generative artificial intelligence, experts feared the worst: social media flooded with AI-generated deepfakes that were so realistic, baffled voters wouldn’t know what to believe. So far, that hasn’t happened. Instead, what voters are seeing […]

Sam Altman is quoted as saying that leaving Stanford was not a risk

Sam Altman is quoted as saying that leaving Stanford was not a risk

Sam Altman says dropping out of Stanford wasn’t risky For OpenAI CEO Sam Altman, dropping out of college to launch his first startup, Loopt, wasn’t as big a risk as it might seem.  In fact, in Altman’s telling, the decision to leave Stanford in 2005 was not particularly calculated, but rather somewhat unexpected.  “This was […]

Tom Siebel opposes California’s AI safety bill SB 1047

Tom Siebel opposes California’s AI safety bill SB 1047

Tom Siebel is against California’s AI safety bill SB 1047 The landmark AI safety bill sitting on California Governor Gavin Newsom’s desk has another detractor in longtime Silicon Valley figure Tom Siebel.  SB 1047, as the bill is known, is among the most comprehensive, and therefore polarizing, pieces of AI legislation. The main focus of […]

AI investors should prioritize focus, although their enthusiasm is not completely unwarranted.

AI investors should prioritize focus, although their enthusiasm is not completely unwarranted.

AI investors need focus—but their exuberance isn’t entirely unjustified Perhaps no technology since the smartphone has taken the world by storm quite like generative AI (GenAI). The investment landscape has also reflected this fervor, with GenAI attracting over $25 billion in funding in 2023, mostly driven by mega-rounds for core infrastructure companies building the foundation models […]

Salesforce’s stock skyrockets on Benioff’s revolutionary billion-agent AI plan

Salesforce’s stock skyrockets on Benioff’s revolutionary billion-agent AI plan

Salesforce shares surge on Benioff’s billion-agent AI strategy Salesforce Inc. Chief Executive Officer Marc Benioff said his company’s newly introduced artificial intelligence software is a complete package for business customers seeking to take advantage of the emerging technology. Clients think “they have to DIY their AI. It’s not true,” Benioff said — using the acronym […]

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