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Elon Musk is pushing for a $5 billion investment from Tesla's board for his artificial intelligence startup xAI, raising concerns about potential conflicts of interest. Musk's move to seek funding for xAI comes as he aims to compete with Microsoft-backed OpenAI in the AI space. The proposal has garnered support from many of Musk's followers, with a majority in favor of the investment.
Despite the positive response from Musk's supporters, critics question whether allocating resources from Tesla to xAI is in the best interest of Tesla shareholders. The AI industry, including xAI, is still navigating business models and facing uncertainties about profitability. Musk's previous involvement with OpenAI and other ventures has also drawn scrutiny over potential conflicts of interest.
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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