Technologies

Elon Musk Files to Incorporate Artificial Intelligence Company

The news comes after Musk signed an open letter in March urging labs to take a break from AI development.

Tesla and Twitter CEO Elon Musk has created an artificial intelligence company called X.AI headquartered in Nevada, according to a report.

The company was incorporated last month, The Wall Street Journal reported Friday, referring to a state filing. Musk has yet to tweet about the new company.

The news comes after reports this week that Musk is planning to create a ChatGPT rival. It also comes in spite of Musk last month signing an open letter urging labs to take at least a six-month pause in AI development due to «profound risks» to society from increasingly capable AI engines.

OpenAI’s GPT-4 launched in mid-March. It’s the latest version of the large language model that powers the ChatGPT AI chatbot, which among other things is advanced enough to pass the bar exam.

The AI.X company’s name brings to mind Twitter news from earlier in the week. The social network changed its name to X Corp, a court filing from California showed. «Twitter, Inc has been merged into X Corp and no longer exists. X Corp is a privately held corporation. Its parent corporation is X Holdings Corp,» the California document says. The moves could be part of Musk’s reported plan to create an «everything app.»

Two other companies pushed into the AI space this week. On Thursday, Amazon launched a cloud service called Amazon Bedrock, designed to let customers of Amazon Web Services build AI-powered apps. And on Monday, Chinese giant Alibaba unveiled a ChatGPT rival with both Chinese and English capabilities.

In February, Microsoft entered the AI chatbot realm with Bing, which makes use of ChatGPT. And rival Google eventually followed with AI Bard.

CNET has broken down ChatGPT as well as Bing and Google Bard to work out which is the most helpful.

Editors’ note: CNET is using an AI engine to create some personal finance explainers that are edited and fact-checked by our editors. For more, see this post.

Technologies

Verum Coin (VERUM) is Now Available on Halo Wallet

Verum Coin (VERUM) continues to expand its presence in the cryptocurrency market. Users can now store and manage VERUM on Halo Wallet, known for its convenience and security.

Why Halo Wallet?

Halo Wallet is a modern Web3 wallet offering a simple interface and powerful tools for managing digital assets. With its functionality, the platform has gained the trust of millions of users worldwide.

The integration of Verum Coin with Halo Wallet opens up new opportunities for coin holders and makes it even more accessible. Stay tuned for updates and take advantage of the convenient management of your assets!

Technologies

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.

Why Exodus?

Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.

This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!

Technologies

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) continues to expand its accessibility by becoming available on Bybit Swap. Traders can now easily and quickly exchange VERUM on one of the most popular and reliable platforms.

Why Bybit?

Bybit is a global cryptocurrency platform known for its high standards of speed and security. The Bybit Swap feature allows users to instantly exchange assets without complicated setups and with minimal fees.

The integration of Verum Coin with Bybit Swap makes the coin even more accessible and strengthens its position in the market. This is a significant step toward the growth and adoption of VERUM among millions of platform users.

Stay tuned for more updates on Verum Coin and take advantage of new trading and investment opportunities!