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Elon Musk says $500b Stargate project is a lie
Hello! Here’s what you need to know about AI today:
👉 Elon Musk reveals the truth behind Stargate project
👉 Microsoft shifts focus to UAE
👉 LinkedIn is accused of using private messages to train AI
and many more!
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Read time: 4.8 minutes
ELON MUSK
Elon Musk poured cold water on OpenAI's Stargate project
Source: Grok | AI-generated
What’s going on: In a recent X post Elon Musk publicly criticized the newly announced Stargate project. He said “They don’t actually have the money“ and as you might already know, “They” refers to OpenAI, Softbank, and Oracle which are the three main supporters of the venture. Stargate is a massive $500 billion AI venture introduced yesterday by President Donald Trump, aiming for building next-level AI infrastructure and software.
What does it mean: Nobody knows yet! Shortly after the Stargate announcement, Elon Musk published the mentioned tweet and shocked the world with another one “SoftBank has well under $10B secured. I have that on good authority“. However Sam Altman, the CEO of OpenAI, fired back claiming that Musk’s statements are wrong.
More details:
In a recent CNBC interview Satya Nadella, the CEO of Microsoft, was asked about his opinion about Musk’s Stargate accusations; he comically answered “All I know is I’m good for my $80 billion”. Musk later supported him by another X post saying “On the other hand, Satya definitely does have the money“
Musk is not a neutral party. He has his own AI company, xAI, that is a direct competitor to OpenAI.
Microsoft and Nvidia are also involved in the Stargate project as technology partners.
UAE
Microsoft's $1.5B bet on UAE's AI future
Source: Entrepreneur
What’s going on: Microsoft sees the UAE as a crucial hub for AI due to significant investments and strategic partnerships, notably a $1.5 billion investment in G42, a leading AI company in the region. This investment is part of Microsoft's initiative to enhance AI development and innovation in the UAE. Microsoft's involvement also includes a commitment to upskill one million UAE residents in AI by 2027.
What does it mean: UAE is transitioning from an oil-based economy to one driven by technology and innovation. Microsoft's investment shows its confidence in the UAE's potential to lead in AI, helping in economic diversification and positioning the UAE as a global tech leader. This development also indicates that the UAE could play a pivotal role in shaping global AI standards, ethics, and applications.
More details:
Microsoft's partnership with G42 includes the integration of Microsoft's Azure cloud services to support G42's AI applications, leading to innovations in AI chips and solutions for sectors like finance, health, and energy.
Microsoft's educational initiatives, such as the AI National Skills Initiative, plan to train 100,000 government employees in AI within a year.
🧠 Google DeepMind has released the free Gemini 2.0 Flash Thinking model, which challenges OpenAI's premium strategy by offering advanced performance in math, science, and reasoning tasks.
⚖ LinkedIn have been accused of secretly using Premium users' private messages to train AI models.
🧘🏼♂️ Neko, an AI startup that builds body-scanning devices that teach you about your state of health, has raised $260 million in a funding round that values the company at $1.8 billion.
ByteDance's UI-TARS is an AI model that can autonomously control computer GUIs, outperforming both GPT-4o and Claude in multiple benchmarks. ByteDance is the parent company of TikTok. UI-TARS is open-source and available on GitHub.
🌐 A software engineer bought the domain 'ogopenai.com' and redirected it to the Chinese AI lab DeepSeek, highlighting the lab's open-source AI efforts.
💰 Databricks has secured a $1.53 billion financing round at a $62 billion valuation, with Meta joining as a strategic investor.
🏫 New Jersey is providing $1.5 million in grants to 12 school districts to explore and implement AI in education, focusing on tutoring, teacher training, and AI literacy.
Prompt title
I want you to act as an accountant and come up with creative ways to manage my finances. You'll need to consider budgeting, investment strategies and risk management when creating a financial plan for your client. In some cases, you may also need to provide advice on taxation laws and regulations in order to help them maximize their profits. My first suggestion request is “Create a financial plan for a small business that focuses on cost savings and long-term investments".
Gemini’s answer
Typeface - Intern-ML Engineer
Coinbase - Machine Learning Engineer Intern
Underdog Fantasy - Machine Learning Engineer
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