Elon Musk Says xAI Is Hoping To Complete Training For The Next Version Of Grok In May; Says If We Define AGI As Smarter Than The Smartest Human, Probably In The Next Year, Like Within 2 Years
Portfolio Pulse from Benzinga Newsdesk
Elon Musk announced that xAI aims to finish training the next version of Grok by May. He also speculated that AGI, defined as smarter than the smartest human, could be achieved within the next two years.
April 08, 2024 | 4:12 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Microsoft, being a major player in AI, might see indirect effects from Musk's announcement about AGI, as it could influence the competitive landscape.
While not directly involved, Microsoft's position in the AI market could be influenced by advancements in AGI technology and the competitive dynamics it introduces.
CONFIDENCE 65
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Musk's announcement on AGI progress could have a broad impact on the market, potentially influencing the SPY as it reflects the market's overall performance.
The SPY ETF, mirroring the S&P 500, could see indirect effects from major technological advancements like AGI, affecting market sentiment and performance.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 30
POSITIVE IMPACT
Elon Musk's announcement about xAI's progress on Grok and the potential achievement of AGI could generate investor interest in TSLA, given Musk's pivotal role.
Given Elon Musk's influence and the potential revolutionary impact of AGI, this announcement could positively affect TSLA's stock as investors may anticipate future growth and innovation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70