Twitter and Elon Musk agree to $1B fee for breaking social media platform deal

Social media platform - Twitter

A regulatory filing was found to include an agreement to pay the fee if the deal should fall apart. Both Twitter and Elon Musk have each agreed that they will pay the other side $1 billion if they should become the reason that the social media platform deal should fall apart. This was a component of a regulatory filing for the $44 billion takeover deal of the company. The $1 billion termination fee is a common component of sizeable takeovers like the one proposed for the social media platform. This…

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Could Tesla become an artificial intelligence robotics company?

Artificial intelligence - Tesla logo

CEO Elon Musk recently announced that the company is reaching far beyond electric cars. Tesla CEO Elon Musk recently pointed out that the company had been dabbling in artificial intelligence as its AI teams develop powerful software and hardware for self-driving vehicles. As a result, the company is taking directions well beyond electric cars and could steer itself toward AI robotics as well. Since Musk spoke to analysts at the Tesla financial status call for Q1 2021, speculations have abounded. “We appear to be able to do things with self-driving…

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Elon Musk wants to ‘solve” autism with AI brain chips

AI Brain Chips - brain - computer

The Tesla and SpaceX CEO feels he can use this technology for schizophrenia and autism. Elon Musk, CEO of Tesla and SpaceX, recently spoke on the “Artificial Intelligence” podcast, discussing his intentions to “solve” autism and schizophrenia through the use of AI brain chips. Musk spoke with Lex Fridman about Musk’s Neuralink neural-technology company. According to Musk, his hope is to be able to imbed AI brain chips into human brains in order to correct the core issues that lead to those mental health conditions. Musk stated that he believes…

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