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Elon Musk unveils xAI – his venture into artificial intelligence

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Elon Musk has announced the establishment of a new artificial intelligence startup called xAI.

The company comprises engineers with backgrounds in organizations like OpenAI and Google. Musk has previously expressed his belief that progress in AI should be temporarily halted and that the industry requires regulation.

The formation of xAI is driven by the goal of gaining a deeper understanding of reality.

Details regarding the funding, specific objectives, and AI focus of xAI remain unclear. The company’s website states that its mission is to comprehend the true nature of the universe.

To shed light on its aims, xAI will be hosting a Twitter Spaces chat on Friday.

Musk, an initial supporter of OpenAI, has had a strained relationship with the organization.

ChatGPT criticism

He has criticized ChatGPT, OpenAI’s language model, for exhibiting a perceived liberal bias and has called for a model focused on truth.

Musk also expressed dissatisfaction with the nonprofit’s transition to a for-profit entity and its close ties with Microsoft.

Concerned about AI safety for over a decade, Musk has advocated for the establishment of a regulatory body to ensure that AI technologies do not pose a risk to the public.

He has also taken issue with AI companies’ use of data to train chatbots, particularly citing Twitter’s vast dataset. Musk’s acquisition of Twitter and subsequent changes led to several high-profile individuals, such as Shonda Rhimes, Gigi Hadid, and Stephen Fry, leaving the platform in protest.

As xAI takes its initial steps, the industry eagerly awaits further information about its funding, research objectives, and potential contributions to the field of AI.

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Ukraine backs US-led peace accord as final details near completion

Ukraine supports US-led peace accord to end war with Russia, aiming for resolution of final elements soon.

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Ukraine supports US-led peace accord to end war with Russia, aiming for resolution of final elements soon.


Ukraine has signalled support for a US-led peace accord aimed at ending the war with Russia, with officials confirming that only minor elements remain to be finalised. The framework represents the most significant diplomatic breakthrough since the conflict began.

According to Ukrainian officials, Kyiv fully supports the essence of the proposal, while Washington says progress is encouraging but further negotiations are required. The agreement focuses heavily on territory held by Russia and the security guarantees needed to protect Ukraine long-term.

With momentum building, global attention now turns to how remaining issues will be resolved and how soon a final agreement can be reached.

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#Ukraine #Russia #PeaceTalks #USPolitics #Geopolitics #WarInUkraine #Diplomacy #BreakingNews


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Australia launches new AI Safety Institute to protect the nation

Australia launches the AISI to ensure responsible AI, enhance safety, and lead globally in ethical AI development.

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Australia launches the AISI to ensure responsible AI, enhance safety, and lead globally in ethical AI development.


Australia is taking a major step toward responsible artificial intelligence with the creation of the Australian Artificial Intelligence Safety Institute (AISI). The new body aims to assess AI risks, strengthen national protections and position the country as a global leader in safe and ethical AI development.

In this episode, Dr. Karen Sutherland from UniSC explains what sparked the institute’s creation, how it will operate, and the key functions it will serve in helping government and industry navigate fast-moving AI challenges. She breaks down how the AISI plans to elevate national understanding of advanced AI systems and collaborate with the wider National AI Centre network.

We also explore how the AISI will support international agreements, protect the rights of Australians and help businesses keep pace with rapidly evolving AI technologies. Plus, we look at the institute’s long-term ambitions in shaping the global AI safety landscape.

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#AISafety #ArtificialIntelligence #AustraliaTech #TechPolicy #FutureOfAI #DigitalSafety #InnovationNews #TickerNews


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RBA holds rates as investors shift from property to stocks

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

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RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.


The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.

The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.

We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.

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#RBA #Interestrates #AustraliaEconomy #StockMarket #InvestingTips #WealthWithin #FinanceNews #TickerTV


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