Despite high-profile investments in AI research, Meta had been slow to adopt expensive AI-friendly hardware and software systems, hobbling its ability to keep pace with innovation.
In an open letter with over 1000 signatories, researchers and industry leaders said a 6-month halt on advanced AI development is necessary until shared safety protocols can be put in place.
The entrepreneur is on the hook to pay $33.5 billion in cash to fund the acquisition, but his liquidity is limited given that his wealth is largely tied to the shares of Tesla Inc.
Musk's bid has been deemed too low by the market and too thin on financing details.
Musk's popularity with retail investors was one of the reasons why Twitter agreed this week to offer him a seat on its board of directors, sources said.
In Beijing, advertisements starring Gu, who is also a highly sought-after model, are increasingly visible at bus stops and subway stations in the run up to the Olympics.
Grand Theft Auto video game-maker Take-Two Interactive said Monday it would buy Zynga for $11.04 billion in a cash-and-stock deal.
TRUTH Social, the Trump Media & Technology Group alternative to Twitter, is available for pre-order before going live on the U.S. Presidents' Day holiday.
