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 ...