CapVest to Buy UK Software Provider Kerridge in $1 Billion Deal
Private equity firm CapVest Partners has agreed to acquire UK software provider Kerridge Commercial Systems Ltd. CapVest is
1970-01-01 08:00
'Today' host Al Roker's wife Deborah Roberts shares pics of intense workout routine following leg injury
Deborah Roberts' husband Al Roker is currently recovering from his second knee replacement surgery as she pushes herself to new limits in the gym
1970-01-01 08:00
xAI: Everything we know about Elon Musk’s new AI company
Tesla and SpaceX boss Elon Musk now has a new artificial intelligence startup xAI, years after he left ChatGPT-owner OpenAI. The Twitter owner announced the “formation” of the new firm on Wednesday in a tweet, sharing that its goals are “to understand reality”. He did not reveal any more details about the company’s plans and the firms website also doesn’t say much other than that its aims are “to understand the true nature of the universe”. The startup, however, noted it is a separate entity from “X Corp” – the new name of the company formerly known as Twitter. However, the company mentions in its website that it would work closely with X Corp, Tesla, and firms owned by Mr Musk as well as other companies “to make progress towards our mission.” While xAI does not reveal a lot on its website about its “mission”, the new company’s sole Twitter post hints it would look into the “most fundamental unanswered questions” of the universe. The company’s website also reveals the names of its employees, led by Mr Musk and listing Dan Hendrycks – the director of the Centre for AI Safety – as an advisor. Employees listed with the company are all men, and people who have “previously worked at DeepMind, OpenAI, Google Research, Microsoft Research, Tesla, and the University of Toronto.” “Collectively we contributed some of the most widely used methods in the field,” xAI mentions in its website. “We have worked on and led the development of some of the largest breakthroughs in the field including AlphaStar, AlphaCode, Inception, Minerva, GPT-3.5, and GPT-4,” the company noted about its employees. Mr Musk’s new venture also comes as companies including Google, Microsoft, OpenAI and even smaller firms and competitors in other countries like China continue to invest heavily in AI technology. The multibillionaire had previously co-founded OpenAI in 2015 but left the firm in 2018 to avoid conflicts of interest with Tesla which had its own AI operations for the vehicles’ autopilot mode. Following the launch of the now popular ChatGPT AI chatbot by OpenAI, the Tesla titan had also hinted in interviews that he was planning to start his own new artificial intelligence firm. In April, he told former Fox News host Tucker Carlson that he planned to develop “TruthGPT,” which he called a “maximum truth-seeking AI”. This was followed by an xAI statement calling for the world to prioritise reducing AI’s dangers, signed by prominent members of the tech industry, and Mr Musk also reportedly acquired thousands of GPU processors from Nvidia seemingly to run a large language model like ChatGPT. The xAI team is planning to host a Twitter Spaces discussion on Friday – one in which listeners can “meet the team and ask us questions,” according to the startup’s website. Read More Elon Musk posts series of explicit tweets about Mark Zuckerberg Twitter gets strange endorsement from Taliban over rival Threads Tucker Carlson’s Twitter show is haemorrhaging viewers, reports says Mark Zuckerberg trains with UFC champions amid rumours of Elon Musk fight Threads: Elon Musk posts series of explicit tweets about Mark Zuckerberg Twitter traffic ‘tanking’ after record-breaking Threads launch
1970-01-01 08:00
LeBron James says no intention of retiring yet
NBA star LeBron James ended speculation over his future on Wednesday, saying that he is not yet ready to retire and...
1970-01-01 08:00
Trinity Rodman - young World Cup star with dad's taste for the hunt
Trinity Rodman has made her own name on the football pitch but she's taken something from her famous father's relentless approach that can be summed...
1970-01-01 08:00
Marketmind: UK data deluge and the run-up to recession
A look at the day ahead in European and global markets from Vidya Ranganathan A big bunch of numbers is
1970-01-01 08:00
Blinken to meet with top Chinese diplomat on sidelines of ASEAN Foreign Ministers' Meeting
US Secretary of State Antony Blinken is due to meet with top Chinese diplomat Wang Yi on Thursday -- the latest in a series of increased high-level interactions between Washington and Beijing.
1970-01-01 08:00
Big companies toughen banking partner screening after crisis - survey
By Laura Matthews NEW YORK Large companies are spreading out their counterparty risk and increasing screening of their
1970-01-01 08:00
Biden caps Europe swing with summit of Nordic leaders in Finland
President Joe Biden is in Helsinki, Finland, for a summit with Nordic leaders Thursday, offering an opportunity for the countries to bolster security cooperation amid threats from Russia and China.
1970-01-01 08:00
How Trump turned the 'law and order party' into an enemy of the FBI
The power of Donald Trump pulsated through a Capitol Hill hearing Wednesday, as FBI Director Christopher Wray faced a Republican onslaught that showed how the ex-president turned Washington's traditional loyalties upside down.
1970-01-01 08:00
Biden is closing out his Europe trip by showcasing new NATO member Finland
President Joe Biden will close out his five-day trip to Europe on Thursday standing alongside Nordic leaders
1970-01-01 08:00
Extreme Drought Is Wreaking Havoc on Daily Life in Spain
Drought in Spain, which is going through yet another heat wave this year, is so extreme that virtually
1970-01-01 08:00
