Several developments are unfolding in the AI and tech space. Tesla has ended its Dojo AI project, shifting its focus and engineering talent to self-driving and robotics initiatives, including AI5/AI6 chips for Full Self-Driving (FSD) systems and Optimus robots. Some members of the Dojo team have departed to form DensityAI. Meanwhile, Igor Babuschkin, a co-founder of Elon Musk's xAI, is leaving to launch Babuschkin Ventures, an investment firm focused on AI safety research, adding to the competition among AI companies like OpenAI and Google. In the financial sector, Future FinTech Group's Hong Kong branch, Future Securities, is launching an AI trading platform in collaboration with MaxQuant AI, offering a 6-month free trial for analyzing stocks, crypto, and forex. Banzai, a marketing technology company, has appointed Matt McCurdy as Vice President of Sales to drive growth for its AI-powered marketing and sales tools. DeepBrain Chain (DBC) is promoting a decentralized AI training network using blockchain to make AI development more accessible. IslamiCity is ethically sharing Islamic knowledge using ChatILM, an AI chatbot providing answers based on trusted sources. Sierra Canyon School is integrating AI into its classrooms to aid student learning. Also, the use of unapproved AI tools, or shadow AI, poses risks to UK businesses, necessitating secure AI strategies. Finally, Truth Social's AI chatbot is presenting facts that contradict claims made by Donald Trump.
Key Takeaways
- Tesla has discontinued its Dojo AI project, reallocating resources to self-driving and robotics, including AI5/AI6 chip development.
- Igor Babuschkin, a co-founder of xAI, is starting Babuschkin Ventures to invest in AI safety research.
- Future FinTech's Hong Kong branch is launching an AI trading platform with MaxQuant AI, offering a 6-month free trial.
- Banzai has hired Matt McCurdy as VP of Sales to expand its AI-powered marketing platform.
- DeepBrain Chain (DBC) is offering a decentralized AI training network using blockchain technology.
- IslamiCity is using ChatILM, an AI chatbot, to provide ethical and unbiased Islamic knowledge.
- Sierra Canyon School is incorporating AI tools into its classrooms to enhance student learning.
- UK businesses face risks from shadow AI, requiring secure AI strategies and content management platforms.
- Truth Social's AI chatbot is sharing factual information that contradicts statements made by Donald Trump.
- Some former Tesla Dojo team members have started a new company called DensityAI.
Banzai Hires Matt McCurdy to Lead AI Marketing Platform Growth
Banzai, a marketing technology company, has hired Matt McCurdy as Vice President of Sales. McCurdy will help grow the company's AI-powered marketing and sales tools like Demio, CreateStudio, and OpenReel. He has over 20 years of experience in software, healthcare, and technology. Banzai's CEO, Joe Davy, believes McCurdy's experience will help the company expand. McCurdy is excited to help Banzai's clients use video solutions to connect with customers.
Future FinTech Launches AI Tool for Investment Trading in Hong Kong
Future FinTech Group's Hong Kong branch, Future Securities, is launching an AI application for investment. They are working with MaxQuant AI to create the platform. The AI system will help investors analyze data and make better trading decisions. Future Securities is licensed by the Hong Kong Securities and Futures Commission. They are offering a free 6-month trial of the MaxQuant AI platform.
FTFT Hong Kong Introduces AI Trading Platform for Stocks and Crypto
Future FinTech's Hong Kong branch is launching an AI trading platform with MaxQuant AI. The platform analyzes stocks, crypto, and forex using a News Intelligence Engine, Predictive Analytics Core, and Cross-Asset Intelligence. FTFT's subsidiary holds licenses from Hong Kong's SFC. A 6-month free trial is available. The platform aims to improve stock selection and risk management.
Tesla Ends Dojo AI Project, Focuses on Self-Driving and Robotics
Tesla is stopping its Dojo AI project and moving engineers to self-driving and robotics teams. The company wants to focus on areas that can grow faster. Engineers will now work on AI5/AI6 chips for Full Self-Driving (FSD) systems, driverless taxis, and Optimus robots. Some former Dojo team members have joined a new company called DensityAI. Tesla is changing its plans to use resources better.
Tesla Cancels Dojo AI Supercomputer Project
Tesla CEO Elon Musk said the company is ending its Dojo AI supercomputer project. Dojo was meant to help Tesla develop self-driving cars and the Optimus robot. Tesla will now use AI5 and AI6 chips made by other companies like Taiwan Semiconductor and Samsung. These chips will power Tesla's driver-assistance technology and autonomous driving systems. Some of the Dojo team members have left to start a new company.
DeepBrain Chain Offers Decentralized AI Training Network
DeepBrain Chain (DBC) wants to change AI training by using a decentralized network of GPUs. Instead of relying on big cloud companies, DBC lets people share their unused computer power. Users earn DBC tokens for contributing, which developers can use to train AI models. This system aims to make AI development cheaper and more accessible. DBC uses blockchain to ensure data is secure and private.
IslamiCity Uses AI to Share Islamic Knowledge Ethically
IslamiCity is using AI to make Islamic knowledge available to everyone. They created ChatILM, an AI chatbot that answers Islamic questions using trusted sources like the Qur'an and Hadith. The chatbot helps avoid bias and gives clear answers in plain English. If a question is too sensitive, the AI directs users to human experts. IslamiCity also plans to use AI for financial guidance and to create models of historical scholars.
AI Biotech Investing Discussed in Dylan Reid Interview
Dylan Reid, an early-stage investor at Zetta, discussed AI-focused biotech investments. The interview covered placing bets in the fast-moving AI space.
AI's Role in Sierra Canyon School Classrooms
Students at Sierra Canyon School in Chatsworth are using AI in the classroom. The report explores how AI is helping students learn.
xAI Co-Founder Babuschkin Leaves to Start AI Safety Firm
Igor Babuschkin, a co-founder of Elon Musk's AI company xAI, has left to start an investment firm. His new firm, Babuschkin Ventures, will focus on AI safety research. Babuschkin previously worked at Google's DeepMind and OpenAI. This comes after xAI's legal head also left the company. xAI is competing with other AI companies like OpenAI and Google.
Shadow AI Risks and How UK Businesses Can Fight It
Many UK businesses are using AI, but employees are also using unapproved AI tools, called shadow AI. This can lead to data leaks, compliance issues, and biased results. Companies need to be aware of these risks and create a secure AI strategy. They should use a zero-trust approach and a content management platform to manage AI tools safely. This helps employees use AI without putting the company at risk.
Truth Social's AI Chatbot Exposes Trump's False Claims
Truth Social, Donald Trump's social media platform, has a new AI chatbot. The chatbot is sharing facts that contradict Trump's statements. For example, it says tariffs are a tax on Americans and the 2020 election was not stolen. It also says crime in Washington, D.C., has declined, despite Trump's claims. The AI uses sources like Fox News and The Washington Times, but still presents facts that Trump disputes.
Sources
- Banzai Strengthens Enterprise Push: Former Mantra Health Sales Leader to Scale AI Marketing Platform
- FTFT Hong Kong Subsidiary Launches AI Application for Investment Analytics and Trading
- Hong Kong-Licensed FTFT Unveils AI Trading Platform That Analyzes Stocks, Crypto, and Forex
- Tesla Terminates Dojo AI Project, Shifts Focus to Autonomous Driving and Robotics
- Tesla Drops Dojo AI Training Supercomputer
- DeepBrain Chain Aims to Disrupt Centralized AI Training with Decentralized GPU Network
- Faith in the Age of AI: Lessons from IslamiCity
- The Endpoints Slack interview: AI bio backer Dylan Reid on techbio's original sin
- How AI can be a gamechanger in the classroom
- xAI co-founder Babuschkin departs to launch AI safety investment firm
- Tackling Shadow AI: how UK businesses can mitigate the risks
- Opinion | Truth Social just installed an AI chatbot that actually exposes Trump's lies