Shares in Elon Musk’s EV maker could hit $350, analyst Dan Ives wrote in a new research note following its second-quarter results.
KUALA LUMPUR, July 20 (Reuters) — Malaysia has issued a license to Starlink, the satellite communications service started by Elon Musk, to provide internet services in the country, particularly in remote areas, its communications minister said on Thursday.
Minister Fahmi Fadzil said in a Facebook post that Starlink, which is operated by Musk’s SpaceX, would begin by providing its services to schools and higher education institutions.
The government was also prepared to work with satellite communications firms, including Starlink, to ensure 100 percent internet coverage in populated areas, Fahmi said.
Elon Musk is pushing hard to complete development of its Full Self-Driving software and power forward with its Optimus robot program as it looks to celebrate its own “ChatGPT moment”.
It should be ready by the end of 2024 but can we take Musk’s word at face value when it comes to deadlines?
Tesla CEO Elon Musk has committed to spending a billion dollars to build the Dojo supercomputer over the next year, Bloomberg.
Continue reading “Elon Musk commits $1 billion toward building Tesla’s Dojo supercomputer” »
Tesla CEO Elon Musk confirmed Wednesday that the automaker is “in discussion with major OEMs about using Tesla FSD.”
Tesla Full Self-Driving is the automaker’s beta advanced driving assistance system (ADAS) that can automate driving tasks on highways and urban streets. If other automakers were to adopt FSD technology, they would need to onboard both Tesla’s software and hardware suite. Tesla’s approach to ADAS, and ultimately to autonomy, is to rely only on computer vision processing, or cameras, rather than a range of sensors like lidar and radar.
During Wednesday’s second quarter earnings call, Musk also said Tesla will allow the transfer of FSD software to new vehicles, but only in the third quarter.
USDA found Neuralink to be in compliance with animal safety and welfare standards after an isolated incident of using an unapproved sealant to close a monkey’s skull in a surgery triggered an investigation. FDA granted a request to begin testing it’s implant device in humans.
July 19 (Reuters) — The head of the U.S. agency responsible for animal welfare has told lawmakers that it did not find any violations of animal research rules at Elon Musk’s Neuralink beyond a 2019 incident the brain implant company had already reported.
Officials with the Department of Agriculture (USDA) conducted a “focused” inspection in response to a complaint about the company’s handling of animal experiments, but identified no compliance breaches, the agency’s secretary Thomas Vilsack wrote to Congressman Earl Blumenauer in a July 14 letter reviewed by Reuters.
Scientists at Harvard University claim to have come excitingly close to finding the proverbial Fountain of Youth. According to a recent publication in the scientific journal Aging, the team has identified six chemical concoctions that have the ability to reverse the aging process in both human and mice skin cells.
Dr. David Sinclair, a molecular biologist at Harvard Medical School and co-author of the study, has hailed this as a “breakthrough” and sees it as a step towards “affordable whole-body rejuvenation.”
Dr. Sinclair has even suggested that human trials could commence within the next year. This prediction has caught the attention of prominent figures, such as tech mogul Elon Musk. He responded to the news with curiosity asking, “Ok, so what exactly is it?”
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.
