Grok AI is Elon Musk’s new AI chatbot, which was developed as a competitor to ChatGPT with a focus on providing intuitive and human-like interactions through deep contextual understanding. The name “Grok” reflects Musk’s focus on deep understanding, differentiating it from ChatGPT’s more ...
Musk is trying to pitch a new AI startup without a clear focus as the generative AI hype is starting to die down. It’s not just ChatGPT — Microsoft’s Copilot experiencesa steep drop-off in use after a month. There is nowan open question about whether the productivity gains from AI...
Elon Musk’s relationship with ChatGPT OpenAI was founded in 2015 bya group of the biggest names in Silicon Valley, including the Tesla CEO and Sam Altman, the CEO of OpenAI.They pledged $1 billion to create the then nonprofit todevelop AI “in the way that is most likely to benefit...
Meme stocks lure investors with the promise of potentially big returns in little time. However, for those seeking sustainablelong-term gains(the way realmultigenerational family wealthis built up), look to build a portfolio of multiple meme stocks that have more than just a one-off chance of ...
Tesla CEO Elon Musk pulled off a windfall for the auto maker. Now the stock’s fundamentals need to catch up to its heady price.
In some ways, Tesla's competitors need the company to succeed. As in 2024, a drop-off in its stock price tends to dampen the mood for stocks across the EV sector.41 What Is the Difference Between Vertical and Horizontal Integration?
Enterprise AI is also subject to hype and awash in newly developed tools and services from AI vendors. Which approaches will become the standard baseline technologies is still unnervingly uncertain. What should companies do to ensure their adoption ofenterprise AI drives...
Investment advice from Elon Musk Invest in physical things:Musk wrote in a tweet in March 2022 that “it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.” He added that he wouldn’t be selling...
It's been a bumpy ride for Tesla stock over the last year as the EV automaker deals with increased competition and softening demand. As Elon Musk tries to navigate the company through choppy growth waves, will investors' patience with Tesla chart the same course? IBD news editor Ed Carson ...
To finance the deal, Musk is reportedly loaning USD 13 billion using Tesla stock as collateral with USD 21 billion in cash, likely from selling Tesla shares. According to SEC documents, Musk will need to pledge USD 65 billion in Tesla shares. Even before bidding for Twitter, Musk had alread...