Lifeboat Foundation

Elon Musk’s Space Exploration Technologies, the most highly valued private tech company in the U.S., has told some investors it expects to bring in about $8 billion in revenue in 2023, roughly doubling its revenue from the previous year, according to people familiar with the discussions.

The expectation for rapid growth helps explain the fervor of some investors for SpaceX shares, which have defied recently depressed private tech valuations. The company, valued in a secondary share sale at about $150 billion this month, has also assured investors it expects to pull in about $3 billion in operating profits this year, at least by a measure that excludes expenses tied to building rockets and satellites.

Shortly after resigning as CEO of Twitter, Musk is expected to assume the position of CEO once again, this time at a fresh AI startup.

The world’s richest person has announced a new startup called xAI. Elon Musk has assembled a team of highly experienced professionals in the realm of artificial intelligence (AI) to establish this enterprise. However, Musk’s Twitter statement merely offers limited information about the venture’s objectives, leaving its purpose ambiguous for the time being.

Musk’s recent foray into AI is not his initial involvement in the field. In 2015, he became an investor in OpenAI, a non-profit research laboratory dedicated to AI exploration. However, over time, Musk… More.

Continue reading “Elon Musk launches new company xAI to ‘understand reality’ and take on OpenAI” »

Musk said on a Twitter Spaces call that he had discussed the possibility of AI seizing power during a recent trip to China.

While Tesla famously won’t support CarPlay, code found in its iOS app update points to at least testing of AirPlay in its cars.

It’s never been possible to use Apple’s CarPlay in Teslas — not without a hack, and a convoluted one at that — but CEO Elon Musk has previously hinted at AirPlay support.

Now according to the unofficial “Tesla App Updates (iOS)” account on Twitter, the latest version of Tesla’s iPhone app includes a mention of AirPlay in its code.

BENGALURU, July 13 (Reuters) — Tesla (TSLA.O) is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a million electric vehicles, the Times of India reported on Thursday, citing government sources.

The company, led by billionaire Elon Musk, is also looking at using India as an export base to ship cars to countries in the Indo-Pacific region, the report said.

The starting price for the vehicles will be 2 million rupees ($24,400.66), the report added, which is more than double of India’s cheapest EV, MG Comet, and half a million costlier than Tata Nexon EV, the top-selling electric car in the country.

The xAI team says it will work closely with Twitter and Tesla.

Tesla CEO Elon Musk claims the brand’s cars can swim for short periods of time, implying that owners can escape floods or drive past water crossings.

A better world without Facebook and all its negative impacts would be a significant step forward. Facebook’s dominance and influence have often been associated with issues such as privacy breaches, the spread of misinformation, and the erosion of real social connections. By breaking free from Facebook’s grip, we can foster a healthier online environment that prioritizes privacy, genuine interactions, and reliable information. It is time to envision a world where social media platforms serve as catalysts for positive change, promoting authentic communication and meaningful connections among individuals.

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Mark Zuckerberg, the co-founder of Facebook (now Meta), recently celebrated reaching 100 million users in just five days with his new Twitter-like platform called Threads. However, this achievement doesn’t impress me much. Instead, it highlights Zuckerberg’s tendency to imitate rather than innovate.

While I used to admire him, I now realize that he doesn’t belong in the same league as my true idols. Comparing the 100 million sign-ups for ChatGPT to the 100 million Threads users is simply absurd.

Continue reading “Mark "Superhero Copycat" Zuckerberg” »

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