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Billionaire Peter Thiel sold his entire stake in Nvidia, totaling nearly $100 million, amid fears of an AI-driven tech bubble and rising concerns over inflated valuations in the sector.
Reports that Elon Musk’s AI company xAI raised $15 billion have been disputed by Musk. The funding news highlights the challenges and scrutiny facing his AI ventures, including data center emissions and controversial AI products.
Ark Invest CEO Cathie Wood says humanoid robots could become the most transformative opportunity in artificial intelligence, eclipsing sectors like autonomous transport and healthcare.
Elon Musk has broken new ground, achieving a net worth of $500 billion – the first time any person has ever crossed the half-trillion mark, according to Forbes.