Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices 
Nike Q4 Earnings Beat Estimates as Wholesale Growth Offsets Direct Sales Weakness 
Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe 
Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs 
The government is ‘doubling down’ on its social media ban. But bigger penalties for platforms aren’t enough 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
In a candid exchange on X spaces, Elon Musk, Tesla's CEO, forecasted a near-future where artificial intelligence surpasses the intellect of the smartest humans by as early as next year.
Despite technical setbacks, Musk's discussion with Nicolai Tangen, CEO of Norway's wealth fund, underscored the rapid advancements in AI, including developments at his own startup, xAI.
Musk's bold prediction spotlights the accelerating pace of AI technology, setting a potential timeline for the advent of artificial general intelligence (AGI) that could redefine human-computer interaction.
Elon Musk Forecasts AI to Surpass Human Intelligence by 2026 in X Spaces Dialogue
On Monday, Elon Musk, CEO of Tesla, predicted that artificial intelligence will be smarter than the smartest human by next year or in 2026, Reuters (via Money News) reported.
In a wide-ranging interview on X spaces marred by numerous technological glitches, Musk also told Norway wealth fund CEO Nicolai Tangen that the availability of electricity limited AI and that the next version of Grok, his xAI startup's AI chatbot, would be trained by May.
"If you define AGI (artificial general intelligence) as smarter than the smartest human, I think it's probably next year, within two years," Musk said when asked about the timeline for development of AGI.
The billionaire, who also co-founded OpenAI, said a lack of advanced chips was hampering the training of Grok's version 2 model.
Musk founded xAI last year as a challenge to OpenAI, which he has sued for abandoning its original mission of developing AI for humanity's benefit rather than profit. OpenAI denies the allegations.
Musk stated that training the Grok 2 model required approximately 20,000 Nvidia H100 GPUs and that the Grok 3 and subsequent models will require 100,000 Nvidia H100 chips.
Elon Musk Discusses AI, Electric Vehicle Competition, and Resolves Union Strike in Sweden
Musk founded xAI last year as a challenge to OpenAI, which he has sued for abandoning its original development mission. However, he added that while a lack of chips has been a major constraint on AI development thus far, the electricity supply will be critical in the next year or two.
Speaking of electric vehicles, Musk reiterated that Chinese automakers are "the most competitive in the world" and pose "the most difficult competitive challenges" to Tesla.
He has previously warned that Chinese competitors will demolish global rivals without trade barriers.
Musk also addressed a union strike in Sweden against Tesla, saying, "I think the storm has passed on that front."
Tangen stated that Norway's $1.5 trillion sovereign wealth fund, one of Tesla's largest shareholders, met with the EV company's chairman last month to receive an update on the situation.
Photo: SXSW/YouTube Screenshot
