Elon Musk, Mark Zuckerberg Missing From AI Safety Board, MKBHD Reviews Rabbit R1 And More: This Week In AI News

Benzinga Neuro

May 05, 2024

This week was buzzing with news from the tech and investment world. From Elon Musk’s mixed feelings about AI investment to Cathie Wood’s significant trades, there was no shortage of excitement. Intel Corp (NASDAQ:INTC) gained favor among Redditors, while Mark Zuckerberg was notably missing from a new AI Safety Institute. Meanwhile, tech reviewer MKBHD had some strong opinions about a new AI device. Let’s dive into the details.

Elon Musk Reacts to AI Investment Forecast

Tesla Inc. (NASDAQ:TSLA) CEO and xAI founder Elon Musk expressed both excitement and concern over the future of AI investment. This reaction came in response to Peter Diamandis, an engineer at the Massachusetts Institute of Technology and Executive Chairman of Singularity University, who stated that we are currently at a "fraction of 1% in AI investment.” Read the full article here.

Cathie Wood’s Ark Invest Makes Significant Trades

In other investment news, Cathie Wood's Ark Invest scooped up over $4M worth of shares in Palantir Technologies Inc. (NYSE:PLTR) and Meta Platforms Inc. (NASDAQ:META). The move comes ahead of Palantir's Q1 earnings report, scheduled for May 5, 2024. Read the full article here.

See Also: ‘Have You Used Siri Lately?’ Elon Musk Answers MKBHD After Tim Cook Teases ‘Exciting’ AI Developments

Intel Gains Popularity Among Redditors

Despite recent setbacks, Intel Corp. has sparked interest among Reddit's value investing community. Investors are intrigued by Intel's potential for a turnaround and long-term growth, viewing it as a ‘high uncertainty, low risk’ stock play. Read the full article here.

Zuckerberg and Musk Missing from AI Safety Institute

In a surprising revelation, Yann LeCun, chief AI scientist at Meta Platforms, revealed that CEO Mark Zuckerberg was not included in the new AI Safety Institute led by President Joe Biden’s administration. Musk was also absent from the list. Read the full article here.

MKBHD Reviews the Rabbit R1

Finally, renowned tech reviewer Marques Brownlee, known as MKBHD, posted a review of a new AI device, the Rabbit R1. He described the device as "barely reviewable," expressing skepticism about its capabilities. Read the full article here.

Read Next: Palantir CEO Says American Tech Industry ‘Maximally Tolerant’ Of Any Personality

Photo by Andrea De Santis on Unsplash

Engineered by Benzinga Neuro, Edited by Rounak Jain

The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.

Recommended

Global Demand for Defense Metals Is Surging 7X - Ad

Weiss Gold Veteran Makes Shocking New Call - Ad

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26? - Ad

On Wednesday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc. (NASDAQ:TSLA), Coinbase Global Inc.

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

Legally "Skim" $6,361 Into Your Account?

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Trump attacks ABC News correspondent Mary Bruce in angry response to three sharp questions

NEW YORK (AP) — President Donald Trump denounced ABC News' Mary Bruce as a “terrible reporter” Tuesday and threatened the network's license to broadcast after she asked him three sharp questions at the White House.

Trump-Pardoned Ponzi Schemer Faces 37-Year Sentence For $44 Million COVID Scam

A previously convicted Ponzi schemer who had received a pardon from President Trump is heading back to prison due to involvement in a new fraudulent scheme.

"Tech Prophet" Who Predicted the iPhone Now Predicts...

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit the most.

JPMorgan Forecasts Bitcoin Bottom, Anticipates $28.3 Trillion Challenge To Gold By 2026

Analysts at JPMorgan have pinpointed the lowest point of the ongoing Bitcoin (CRYPTO: BTC) price fall and also projected a substantial chall

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

President Donald Trump said he is withdrawing his endorsement of longtime ally Rep. Marjorie Taylor Greene — here's what happened.

85% Off Proven Crypto Timing Model - This Weekend Only!

85% Off Proven Crypto Timing Model - This Weekend Only! - Ad

Juan Villaverde's crypto timing model has called every major market turn since 2012. It's now signaling the next big move, and he believes these coins could have big upside. With the market at a critical moment, you can access his latest signals this weekend for just $19.

Wendy's to close hundreds of US stores in bid to halt falling profit

Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit.

Warren Buffett Initiates Alphabet Position, Trims Apple In Q3 — Here Are Berkshire's Moves

Warren Buffett's Berkshire Hathaway took a new stake in a member of the Magnificent Seven, while lowering its stake in Apple in the third quarter.

Time to Say Goodbye to "Old" Dollar? Say Hello to "Trump's New Dollar"

Time to Say Goodbye to "Old" Dollar? Say Hello to "Trump's New Dollar" - Ad

If you have any money in U.S. dollars... learn how to prepare for "Trump's new dollar"... Because this could be the biggest change to our financial system in 54 years. President Trump even called it: "The greatest revolution in financial technology since the birth of the internet itself."

'Rich Dad Poor Dad' Author Robert Kiyosaki Warns Of Crash In BTC, ETH, Gold, Silves Prices, But Says He's Buying, Not Selling: Here's Why

Robert Kiyosaki, author of “Rich Dad Poor Dad,” has shared his investment strategy amid predictions of an economic downturn.

Michael Burry Not Alone: Peter Andersen Dumped Nvidia Months Ago, Anticipating 'Accounting Questions'

Michael Burry isn't alone: Peter Andersen dumped Nvidia months ago, citing "accounting questions" and calling the AI boom a "fantasy."

Why Is a $116B Mining Giant Backing a $10M Firm?

Why Is a $116B Mining Giant Backing a $10M Firm? - Ad

Rio Tinto rarely makes early-stage bets. Yet one small N. American firm earned its trust with projects in lithium, uranium, and titanium - all vital to U.S. defense and energy independence.

Cipher Mining Stock Pops As JPMorgan Moves To Overweight

Cipher Mining shares are rising Monday after JPMorgan upgraded the stock to Overweight and raised its price target to $18.

Lebanon's most wanted drug trafficker taken into custody, authorities say

BEIRUT (AP) — Lebanon's most wanted drug trafficker was arrested Thursday after years on the run, authorities said.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after January 29, it may be too late.

TSLA, PLTR, IREN And More: 5 Stocks That Dominated Investor Buzz This Week

Retail investors talked up five hot stocks this week (Nov. 3–7) on X and Reddit's r/WallStreetBets: TSLA, PLTR, MSTR, AMD, IREN.

TSMC Chief CC Wei Says Nvidia CEO 'Wants More Chips' As Jensen Huang Enjoys Hotpot In Taipei And Praises The Taiwanese Foundry: 'No TSMC, No Nvidia'

Nvidia CEO Jensen Huang praised TSMC as vital to his company's success during his Taiwan visit, where he met TSMC chief CC Wei over hotpot and reportedly requested more chips amid surging AI demand and U.S. export restrictions.

Trump Signs Law to Launch Dollar 2.0

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Cameron Winklevoss Digs Up News Report From 2013 To Make A Point About Bitcoin: 'You Will Miss Out On The World's Greatest Opportunities...'

Gemini co-founder Cameron Winklevoss took potshots Sunday at the British daily newspaper Financial Times for its 12-year-old article that predicted Bitcoin (CRYPTO: BTC) would become the next “bubble.”

What's Up With The Jump In Oracle Stock Today?

Oracle Corp (NASDAQ:ORCL) shares are trading higher on Wednesday following an analyst update. Here's a look at what's going on.

Global Demand for Defense Metals Is Surging 7X

Global Demand for Defense Metals Is Surging 7X - Ad

Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill the West's critical-minerals gap.

Trump administration moves to loosen restrictions it once supported on a harmful pollutant

WASHINGTON (AP) — Near the end of his first term, President Donald Trump signed into law a bill that and air conditioners. The bipartisan measure brought environmentalists and major business groups into rare alignment on the contentious issue of climate change and won praise across the political spectrum.

Bill.Com Scales Payments Footprint With 33 Million Transactions

Bill Holdings, Inc. (BILL) reports Q1 fiscal 2026 results, beating analyst estimates with adjusted EPS of 61c and revenue of $395.74M.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Consumer sentiment tumbles close to record lows in latest U Michigan survey

NEW YORK (AP) — Consumer sentiment dropped to a three-year low and close to the lowest point ever recorded by the University of Michigan one month into the , with pessimism over personal finances and anticipated business conditions weighing on Americans.

Purdue Pharma's deal means money for some victims, end of Purdue company name. Here's what to know

A judge said Friday that he planned to approve a deal and members of the Sackler family who own the company to settle thousands of lawsuits over the toll of opioids, allowing money to start flowing to victims as soon as next spring.

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26?

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26? - Ad

Elon Musk may be set to create more "Musk Millionaires" as soon as January 26... Because on that day, he's expected to officially launch his Optimus robot... An AI-powered robot that Elon himself says will be capable of "doing anything bar nothing". Now, it's important to point out that Elon hasn't released it to the public yet... But ahead of the launch, one Silicon Valley insider has identified a "backdoor way" for any American to invest in Optimus with a regular brokerage account...

Trump's Approval Rating Hits New Low: Voters Blame Republican Party For Government Shutdown

A new voter poll shows Donald Trump and the Republican party losing support as the government shutdown continues.

Nvidia, Dell, Coinbase, Gorilla Technology And Archer Aviation: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks closed lower on Monday, with the Dow slipping 1.2% to 46,590.24, the S&P 500 easing 0.92% to 6,672.41, and the Nasdaq dipping 0.84% to 22,708.07. These are the top stocks that gained the attention of retail traders and investors through the day:

Legally "Skim" $6,361 Into Your Account?

Legally "Skim" $6,361 Into Your Account? - Ad

Brazilian environmentalist gets funded by DiCaprio after false forest fire accusation by Bolsonaro

SAO PAULO (AP) — Being falsely accused of setting fire in with funds from an Oscar-winning actor eventually became a blessing in disguise for Caetano Scannavino, the founder of a nonprofit organization in the heart of the rainforest.

Summit of EU, Latin America and Caribbean nations aims to strengthen ties amid US military operation

BOGOTA, Colombia (AP) — Representatives of European, Latin American and Caribbean nations will meet Sunday in Colombia to try to strengthen ties amid divisions in the Western Hemisphere over targeting alleged drug-carrying vessels.

"Tech Prophet" Who Predicted the iPhone Now Predicts...

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

Trump Wants Washington Commanders' $3.7 Billion Stadium Named After Him: Report

President Donald Trump is seeking to have the Washington Commanders' new $3.7 billion stadium named after him.

Apple Beats Earnings, $1 Billion Google AI Deal, Budget Mac And More: This Week In Appleverse

Apple had a busy week with earnings beats, AI partnerships, new product plans, and reflections on Steve Jobs' legacy.

85% Off Proven Crypto Timing Model - This Weekend Only!

85% Off Proven Crypto Timing Model - This Weekend Only! - Ad

Apple's Satellite-Powered Features for iPhones: A Journey Spanning Over A Decade

Apple continues to make strides in its decade-old satellite connectivity project. The tech giant is reportedly developing a range of innovative features to enhance its satellite services.

Trending Now