Elon Musk, CEO of Tesla Inc., has been in the spotlight this week for his comments on President Biden's AI regulations and his new AI venture, xAI. Musk expressed concern over the executive order mandating AI companies to address algorithmic discrimination. He also announced that xAI will release its first AI model on November 4. In other news, Vice President Kamala Harris announced the creation of the US AI Safety Institute in response to Biden's AI executive order. Musk also supported UK Prime Minister Rishi Sunak's decision to invite China to the AI Safety Summit.