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Elon Musk hints at starting his own AI company dubbed ‘TruthGPT’

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In an effort to challenge OpenAI and Google AI, Elon Musk has stated that he’s looking to create his own artificial intelligence company as a third option for users.

During an interview with Fox News, the current Twitter CEO insinuated that he would want to name the company “TruthGPT,” a bit of a jab toward OpenAI’s chatbot, ChatGPT. The name would go hand-in-hand with Musk’s goal for the site, stating that he wishes to create a “maximum truth-seeking AI that tries to understand the nature of the universe.”

He added that the potential chatbot would hopefully do more harm than good, which isn’t frightening at all.

The multi-billionaire also accepted the fact that his future project would be at a disadvantage due to “starting late,” but that’s only if he actually goes through with his plans.

Although it’s easy to write these claims off as nothing more than one of Musk’s hypothetical ventures, he recently signed paperwork for the business X.AI Corp. This, along with hiring researchers from DeepMind for an upcoming Twitter AI project and purchasing around 10,000 GPU’s, could indicate the start of the CEO’s journey into the AI space.

Musk stated that the reason behind the potential venture stems from his concern for humanity at the hands of AI. An interesting reason considering his earlier support of OpenAI, helping the project get off the ground in 2015 before removing himself from the project following a disagreement with CEO Sam Altman.

Despite it still being unclear exactly how his AI plans will carry over to Twitter, Musk suggested a feature that would allow users to encrypt their messages would be coming soon.

Even with the CEO’s plans being relatively vague so far, don’t be surprised if we see Musk take a swing at starting up his own AI company or, at the very least, implementing a similar model on Twitter.

Image credit: Shutterstock

Source: Fox News Via: Engadget

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Twitter’s valuation has fallen by more than 50 percent since Musk acquisition

Elon Musk took over Twitter in October 2022 for $44 billion USD (about $60.2 billion CAD). Five months in, and the company’s valuation has dropped by more than 50 percent.

In a recent memo sent to staff, which was viewed by Platformer’s Zoë Schiffer, via The Verge, Musk said that Twitter is valued at $20 billion USD (about $27.4 billion CAD) and that employees would receive stock grants based on that valuation.

Musk believes that Twitter could one day reach a $250 billion USD (about $342.1 billion CAD) valuation. He says that reaching that valuation is a “clear but difficult path,” which would make the current employee stock grants worth ten times as much as they are now. Musk also views Twitter as an “inverse startup” due to the significant changes he made to the platform to save it from bankruptcy. However, the changes introduced, such as the new Blue with verification subscription and Twitter’s “general amnesty” policy that brought back some of Twitter’s worst users, have caused challenges for the social media company. Twitter has lost some of its biggest advertisers, and its revenue dipped by about 40 percent year over year in December.

Last year, Musk stated that he was overpaying for Twitter at $54.20 per share, and attempted to back out of the deal, claiming that the company made false and misleading statements about the presence of bots on the platform. Constant legal pressure from Twitter meant that Musk had to abide by his initial acquisition offer, and ended up taking over the social media company for $44 billion. Only time will tell whether Musk’s ambitious plans for Twitter will pay off in the long run.

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Source: Platformer’s Zoë Schifferesla, Via: The Verge

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Musk unveils plans for Twitter UI overhaul

Twitter is reportedly set to receive a user interface (UI) overhaul in the coming months, as suggested by Twitter CEO Elon Musk himself.

Kicking off the refresh would be the ability for users to switch between recommended top Tweets vs latest Tweets by swiping right/left. The ability would likely be limited to Twitter on iOS and Android, and it is currently unclear if an easier way to switch between timelines would be made available for Twitter on the web.

The feature is expected to roll out “later this week.”

Furthermore, a new bookmark button, which Musk is calling the “de facto silent like,” will roll out next week. It’s worth noting that Twitter users on iOS, Android and web already have the option to bookmark Tweets, but they must first tap the ‘Share’ button to reach the bookmark button. The refresh coming next week will likely bring the bookmark button front and centre alongside the Tweet details (likes, retweets, views).

Lastly, long-form Tweets are expected to arrive sometime in early February. The rollout of the feature would allow users to type up to 4,000 characters per Tweet, up from 280 currently.

The Tweets wouldn’t take up all 4,000 characters worth of space and “will get the same Timeline screen space as other tweets.” Users would be able to click a ‘read more’ or ‘see more’ button to expand the Tweet, similar to Instagram and Facebook.

Other new Twitter features that are on the drawing board, but don’t have an exact release date, include simple formatting features, like bold and italicized Tweets, underlining and font sizing. These features are expected to roll out “later this quarter.”

Header image credit: Shutterstock

Source: @elonmusk

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Mobile Syrup

Twitter is rolling out a view count for standard Tweets

Videos on Twitter have a view counter that lets everyone see how many times a video has been viewed. Now, it is being reported that standard Tweets would soon display that piece of information as well, as shared by The Verge.

Some users are already reporting seeing view counts for their own tweets, although the feature hasn’t widely rolled out yet. It’s worth noting that the feature itself isn’t coming out of the blue. Musk had already announced the feature in early December, and earlier today, he officially announced the feature as rolling out.

“Twitter is rolling out View Count, so you can see how many times a tweet has been seen! This is normal for video,” wrote Musk. “Shows how much more alive Twitter is than it may seem, as over 90% of Twitter users read, but don’t tweet, reply or like, as those are public actions.”

It’s worth noting that users have long been able to view the ‘impressions’ on their Tweets via the analytics tab, though the new feature puts the view count front and centre.

It is currently unclear whether the feature would be available for all users, or limited to Twitter Blue subscribers. It is likely that the view count will be visible to all users, considering that Musk didn’t advertise and pitch user to subscribe to Twitter Blue when tweeting about the feature.

In other Twitter-related news, recent reports suggest that Musk had started the hunt for a new Twitter CEO, and that he plans to step down once he finds someone ‘foolish enough’ to be the new CEO. Read more about it here.

Via: The Verge