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Tesla investors sue Elon Musk
Latest in tech and AI + dev resources
Cool AI tools + see who raised funds
Prompt of the day and more
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šļø HIGHLIGHT OF THE DAY
TL;DR
Elon Musk faces a lawsuit from Tesla shareholders accusing him of diverting company resources to his new AI venture, xAI, potentially breaching his fiduciary duty. This legal battle adds to Muskās existing challenges with regulatory bodies and Teslaās struggling stock performance.
Important Points
Shareholder Lawsuit: Tesla shareholders have filed a lawsuit against Elon Musk, accusing him of prioritizing his new AI startup, xAI, over Tesla by redirecting Nvidia H100 GPUs originally intended for Tesla to xAIā.
Resource Diversion: The lawsuit claims Muskās decision to allocate resources to xAI instead of Tesla breaches his fiduciary duty, potentially harming Teslaās business and stock performance.
Existing Challenges: This legal issue adds to Muskās existing regulatory and financial challenges, including ongoing SEC investigations and a significant decline in Teslaās stock price.
What we think
Elon Muskās decision to divert resources from Tesla to xAI raises significant concerns about his commitment to Tesla and his fiduciary responsibilities. This move could damage investor confidence, especially given Teslaās recent financial struggles and stock performance issues. For startup founders and CTOs, this situation underscores the importance of clear resource allocation and maintaining trust with shareholders.
ā” LATEST IN TECH AND AI
A researcher fired by OpenAI published a 165-page essay on what to expect from AI in the next decade
Aschenbrenner worked on OpenAI's superalignment team, which was tasked with mitigating AI risks. Aschenbrenner said OpenAI fired him for leaking information about the company's readiness for artificial general intelligence.
Good news for call center operators who are worn down by hostile customers with unreasonable demandsāartificial intelligence technology can alter angry voices into calm ones. This should alleviate the tremendous stress of customer interaction on call operatorsāif AI has not completely replaced their jobs by then. SoftBank Corp. announced that it has developed voice-altering technology to protect employees from customer harassment.
YouTube is implementing a new ad-serving infrastructure dubbed "Next Generation of Serving" (NGS) which will embed ads directly into videos at the server level, making them virtually impossible to block using traditional ad-blocking methods. This change aims to ensure ad delivery consistency across devices and platforms, potentially improving revenue for content creators while raising concerns among users about ad visibility and privacy implications.
š» DEV RESOURCES
The Hacker Noon article explores the challenge of distinguishing authenticity in a world increasingly dominated by AI-generated content and interactions. It argues that while AI offers efficiency and creativity, it also raises concerns about authenticity and human connection, prompting a need for ethical guidelines and awareness to maintain genuine human interactions amidst technological advancements.
Google's DeepMind has open-sourced its differentiable fusion tokamak simulator written in Python-Jax. The simulator has strong auto-diff capabilities and covers a number of extremely powerful PDEs.
Meta is upgrading its global data centers to support AI demands. It is planning to scale to 600,000 GPUs for AI training jobs. This involves innovative maintenance strategies and tools like OpsPlanner to ensure minimal disruptions and consistent performance while enabling rapid infrastructure scaling.
š¤ COOL AI TOOLS
Discover mind-blowing AI tools
Interview all your applicants and find right talents hidden behind uninformative and vague CVs.
Revolutionize your writing with AI effortlessly craft fiction, non-fiction, storybooks and quotes. Enhance creativity, streamline the process, and bring ideas to life.
Discover AI-powered insights on crypto and stocks news, using knowledge graphs and advanced algorithms for deep market understanding via GraphQL API.
šø WHO RAISED?
Discover startups who just raised funds
šŖ POST OF THE DAY
Interesting tweets and posts
In the era before mobile phones, two people are on the couch watching a movie. One says "pause, I need to go to the bathroom" and leaves the room. What did the other person do during the wait? Study the lines on their palm?
ā Tim Urban (@waitbutwhy)
7:34 PM ā¢ Jun 5, 2024
āØ AI IMAGE CHALLENGE
Fluffy pancakes topped with butter and maple syrup.
Image 1
Which image do you think is real? |
Image 2
ā PROMPT OF THE DAY
Building strategic alliances and partnerships
Imagine you are tasked with advising a startup on the importance of building strategic alliances and partnerships. Write a detailed message outlining the key benefits of such collaborations. Include examples of successful partnerships in the business world and practical steps the startup can take to identify and approach potential partners.You can adapt the prompt to your specific needs.
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Sam & The Edge team
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