5 Wall Street Legends Just Bought This One Stock

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Elon Musk Gets Fresh Challenge In His X Plans As Naval's Airchat App Begins Making Buzz

Rounak Jain
April 13, 2024

This story was first published on the Benzinga India portal.

AngelList co-founder Naval Ravikant has launched a new social media app called Airchat, to take on Elon Musk's hate speech-inundated X, formerly Twitter.

What Happened: Airchat, founded by Ravikant, offers a fresh approach to social media. The platform provides a push-to-talk layout for social media, allowing users to communicate via videos or Clubhouse-like podcasts.

The app depends on AI-powered transcription to enable you to express your views.

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

Ravikant has hinted at the use of generative AI in certain features of the app, promising “perfect transcripts” and the ability for users to generate AI art for profile pictures and chat backgrounds.

Responding to a user asking about the end goal of Airchat, Naval said it is to "never feel alone again" and to "prevent the leaders of the world from screaming at each other on Twitter and leading us to a thermonuclear holocaust".

A user posted on X that the app "feels like meeting my neighbours but in a good way".

Airchat is free to use, and those interested can join a waitlist by registering on the official website using their mobile number.

See Also: Elon Musk Reacts As Grimes Shares ‘Cyberpunk 2077’ Clip on X

Why It Matters: This is not the first time a social media platform has taken on X. In 2023, Mark Zuckerberg's Meta Platforms Inc. launched Threads. After initially struggling, it picked up steam after a few months.

X has been mired in controversies around hate speech on the platform. Companies like Apple Inc. and Walt Disney Co. withdrew ads from X due to concerns about hate speech but Musk accused the companies of blackmailing and went on to call for the firing of Disney CEO Bob Iger.

However, Airchat’s unique features, including push-to-talk and AI integration, could potentially set it apart from other social media platforms.

It remains to be seen if Airchat emerges as a viable alternative to X, or if it fizzles out.

Check out more of Benzinga's Consumer Tech coverage by following this link.

Read Next: Can Gemini Read All Harry Potter Books At Once? Former Google Employee ‘Tried It’ And Here’s What Happened Next

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Photo courtesy: Airchat

Popular

Record broken for most passengers screened at US airports, TSA says

ATLANTA (AP) — A record was broken for the number of airline travelers screened at U.S. airports, the Transportation Security Administration said Saturday.

What's open and closed on Memorial Day

In what had long been celebrated every May 30 to honor America's fallen soldiers, Memorial Day officially became a federal holiday in 1971, observed on the last Monday in May.

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Tower Semiconductor CEO Eyes Recovery, Projects Over 7% Growth Next Quarter

Tower Semiconductor (TSEM) reported Q1 2024 revenue of $327.24M, beating analyst estimates. CEO optimistic for recovery despite market downturn.

AstraZeneca Pulls Plug On Vaxzevria COVID-19 Vaccine Amid Surplus of Updated Vaccines

It is worth noting that AstraZeneca has previously conceded in court documents that Vaxzevria can induce side effects such as blood clots and low blood platelet counts.

Nvidia CEO Says It Will Spark "the Next Revolution" Beyond AI - Ad

Declares this radical biotechnology "is going to be flat out one of the biggest [tech revolutions] ever." And this $10 stock is at the center of all.

California to tap generative AI tools to increase services access, reduce traffic jams

SACRAMENTO, Calif. (AP) — California could soon deploy generative artificial intelligence tools to help reduce traffic jams, make roads safer and provide tax guidance, among other things, under new agreements announced Thursday as part of Gov. Gavin Newsom’s efforts to harness the power of new technologies for public services.

There's bird flu in US dairy cows. Raw milk drinkers aren't deterred

Sales of raw milk appear to be on the rise, despite years of warnings about the health risks of drinking the unpasteurized products — and an outbreak of bird flu in dairy cows.

READ THIS If You Missed Out on the AI Boom - Ad

Radical new biotechnology predicted to grow 320,000% in 3 years. Nvidia's CEO calls it "the next amazing revolution." And one small company poised to dominate this revolution trades for just $10.

California's budget deficit has likely grown. Gov. Gavin Newsom will reveal his plan to address it

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom will update his budget proposal on Friday, and the news likely won't be good.

Major agricultural firm sues California over farmworker unionization law

SAN DIEGO (AP) — One of California's most influential agricultural companies filed a lawsuit Monday against the state to stop a contentious law to help farmworkers unionize that Democratic Gov. Gavin Newsom reluctantly signed two years ago after pressure from the White House.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Buffett Says No Other Americans Would Have Had To Pay Even A Dime In Federal Taxes If This Had Happened

Warren Buffett suggests that federal taxes will likely increase given the country's precarious fiscal position, and he expressed Berkshire's willingness to cover the tax bill it faces.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

Nvidia's AI Dominance Evident As Tech Behemoths From Microsoft To Meta And Google Keep Pumping Billions Into Chipmaker, Analysis Reveals

Nvidia is set to release its first-quarter earnings, and the company is already making waves in the AI sector. The tech giant's AI infrastructure is in high demand, as evidenced by the increased capital expenditures of its major clients.

Jim Cramer Advises Investors To Stick With Good Companies Despite Short-Term Losses: 'You Just Need To Figure Out Which Companies Deserve Your Confidence'

Cramer, a prominent figure in the finance world, suggested that investors should not emulate the trading habits of large hedge funds. Instead, he recommended a long-term investment strategy, emphasizing the need to anticipate and endure market declines.

The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad

25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.

Why Hims & Hers Health Stock Is Rising Today

After the market close on Monday, Hims & Hers Health reported strong first-quarter results that included revenue of $278.2 million, representing a 46% increase from $190.8 million in the first quarter of 2023. The number beat analyst estimates of $270.382 million.

Equinor Swaps Assets for Streamlined Norway Operations

Equinor and Petoro signed a value-neutral asset swap agreement in Haltenbanken region, increasing Equinor's ownership in Heidrun and Noatun and reducing it in Tyrihans and Castberg.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

As 'Roaring Kitty' Returns, Here Are 3 ETFs To Leverage The 2024 Meme Stock Wave

Meme stocks, led by Keith Gill, have resurfaced on social media, causing GameStop's stock to surge by 74% and AMC's by 80%. ETFs like ARCA:STCE can capitalize on this trend.

What's Going On With Chinese EV Maker XPeng Stock Today?

XPeng shares are up in premarket trading as the company reportedly plans to use BYD batteries for its new Mona sub-brand, aiming for a June debut of its first A-class compact electric sedan priced between RMB 100,000 and RMB 150,000.

"This Could Be Worth Even More Than A.I." - Ad

Whitney Tilson's nailed many of the most famous stocks of the last 25 years -- including Netflix, Amazon, and Apple. Now he's pounding the table on a new technology rolling out across America, which early estimates say could create more wealth than A.I., the personal computer, and the smartphone combined.

FTX says most customers will get all money back, less that 2 years after catastrophic collapse

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.

I Have a Mystery Offer for You! - Ad

Today, I'm offering you the chance to receive a PLATINUM BTM subscription for up to 90% OFF! There's just one catch... This deal is only open until midnight on Monday. That's it. No exceptions. When the clock strikes midnight on May 27th, this deal will be gone.

Cannabis Meets Prescription Drugs, Steroids And Ketamine In Schedule III: What It Means, Key Stocks To Watch

President Joe Biden's administration is moving to reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA).

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Hollywood's Horrible Year? Not For CEOs: Disney's Bob Iger, Warner Bros.' David Zaslav Enjoy Huge Paydays

As director Kevin Smith once said, "In Hollywood, you just kind of fail upwards." Bob Iger and David Zaslav are among those who failed best.

Second Death - Pfizer Reports Young Boy's Death After One Year Of Gene Therapy Treatment In Muscle Wasting Disorder Trial

A young patient passed away from cardiac arrest after receiving Pfizer's experimental gene therapy for Duchenne muscular dystrophy. Pfizer investigates while trials continue, including Phase 3 study. Second death associated with the therapy.

These 5 Picks Put You on the Path Towards $500K - Ad

Give me just 10 minutes and I'll show you all the jaw-dropping details I've uncovered behind the next generation of investing... and why NOW is the best time to make your move... No games, no gimmicks...just a very real chance to rake in up to $500k in the next 12 months from these 5 'off the radar' opportunities.

5 Things Warren Buffett Says You Need To Do Before Recession Hits

Warren Buffett advises 5 things to do before a recession: shore up liquidity, invest in blue chip stocks, maintain a long-term outlook, stick to your plan, and avoid no-growth assets.

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Robinhood Markets receives SEC notice for alleged securities violations at crypto unit

Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto division.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service