The past week has been a whirlwind of tech news, with major players such as Elon Musk AND Marco Zuckerberg make news. From Musk’s cheeky comment about Nvidia’s stock plummeting to Zuckerberg’s Meta outperforming other AI models, the tech industry was abuzz with activity. Here’s a quick recap of the biggest stories:
Musk mocks Nvidia stock plunge
Nvidia Corp. NVDA saw a sharp 10% drop in its shares, resulting in a staggering $211 billion loss in market capitalization. This marked the second largest single-day loss in U.S. stock market history. Elon MuskCEO of Tesla Inc., couldn’t help but poke fun at the situation, referring to the 10% drop as “rookie numbers” on X, formerly Twitter. Read the full article here.
Zuckerberg’s Meta Outperforms in AI Benchmark Tests
Meta Platform Inc. HALFdriven by Marco Zuckerberg, revealed that its new large language model, Llama 3, outperformed other AI models in benchmark tests. However, OpenAI’s latest flagship model, GPT-4, was noticeably absent from the comparison. The new model is expected to be available to cloud providers such as Amazon.com Inc AMZN Coming soon Amazon Web Services (AWS). Read the full article here.
See also: Elon Musk can’t hold back laughter as Jack Dorsey calls Mark Zuckerberg a ‘B** Simp’ for decade-old snide remark on Twitter
Musk awarded Breakthrough Prize
During the weekend, Elon Musk was awarded the Breakthrough Prize, adding another achievement to his list. Musk also shared his thoughts on artificial intelligence and the upcoming presidential election. Read the full article here.
Marc Andreessen criticizes Google
Venture capitalist Marc Andreessen expressed strong criticism Alphabet Inc. GOOG GOOGLE Google following employee protests over the company’s $1.2 billion contract with Israel. Andreessen supported Elon Musk’s concerns about the potential dangers of artificial intelligence and highlighted the alarming situation at Google. Read the full article here.
Jamie Dimon imagines a future driven by artificial intelligence
JP Morgan & Chase Co. CEO Jamie Dimon has outlined his vision for the future of money in an AI-driven world. He highlighted the potential of artificial intelligence to revolutionize the financial sector and improve JPMorgan’s wealth management services. Read the full article here.
Read next: “When Elon Musk Met Jack Ma and Immediately Regretted It”
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