WeWork has filed for bankruptcy, marking a low point in its years-long fall from grace. Meanwhile, Elon Musk's new company xAI has announced a new chatbot, Grok, which aims to compete with big players like OpenAI’s ChatGPT, Google’s Bard, and Anthropic’s Claude. However, experts have expressed skepticism about the chatbot's capabilities.
Key takeaways:
- Baidu is shifting its business from Nvidia to Huawei, ordering 1,600 AI chips from the latter, indicating a loss of faith in continued access to US chip makers.
- Xi Jinping is set to meet with US business executives in San Francisco next week, aiming to instill confidence in foreign investors.
- OpenAI is allowing users to build their own AI chatbots, as demonstrated at the company's first developer conference.
- EV maker Rivian has ended its deal with Amazon, which had granted Amazon exclusive access to its electric vans.