British Prime Minister Rishi Sunak championed a series of landmark agreements after hosting the first artificial intelligence (AI) safety summit but a global plan for overseeing the technology remains a long way off. Over two days of talks between world leaders, business executives and researchers, tech CEOs such as Elon Musk and OpenAI’s Sam Altman … Read more
Rishi Sunak announced a £100million investment to accelerate the use of AI An influential cabal of tech bosses and artificial intelligence experts are welcoming the ‘inevitable succession’ of robots, an investigation has found. Global leaders and Silicon Valley executives are jetting in to Rishi Sunak’s world-first AI Safety Summit this week to discuss how best … Read more
Recently, Elon Musk labeled fiat currency a “scam,” adding further debate to discussions about the relevance of crypto Bitcoin vis-à-vis conventional financial systems. See below for all the details. Elon Musk: bold statements on fiat currencies, what is the role of crypto Bitcoin? As anticipated, in one of his usual bold and provocative posts, Tesla … Read more
India imposes a 100% import duty on fully built-electric vehicles that cost more than $40,000 (more than Rs 33 lakhs) and 70% on models priced below. For example, Tesla’s cheapest car, the Model 3 is priced over $40,000 in the US. This import duty not only encourages domestic EV makers but also forces foreign manufacturers … Read more