It was previously reported that Musk had assembled a team of AI researchers and engineers and secured thousands of high-powered GPU processors from Nvidia Corp. ![]() Why It’s Important: Hoffman has previously commented on the open letter during an appearance on CNBC’s “Squawk Box.” At the time, he disapproved of halting AI development and criticized Musk for his stance, the report noted. He added, “It’s overall, I think, broadly a mistaken effort because actually, I think everything we’ve seen so far in terms of development is the best ways to get safety is through larger scale models - they actually train to align better with human interests and so the call to slow down is actually, in fact, less safe.” midterms.Hoffman also praised Musk, saying he has done some “amazing stuff” with SpaceX and Tesla, but said the Twitter CEO has an “I-must-build-it-with-my own hands” tendency. Monthly active users fell from the prior quarter, after a bump from the U.S. Rumble reported a bigger first-quarter loss than expected. Shares of Rumble rocketed higher following the company’s last earnings report in March - a day on which reports first surfaced that a grand jury in Manhattan voted to indict former president Donald Trump, who was charged with 34 felony counts of falsifying business records following an investigation into hush-money payments to porn star Stormy Daniels.īut shares fell 3.4% after hours on Monday, following Rumble’s earnings release. Rumble also said it added the YouTube gaming streamer IShowSpeed, as well as the Twitch streamer Kai Cenat. In the company’s first-quarter earnings release, also put out on Monday, Rumble announced a streaming partnership with the Republican National Committee for the first debate of the Republican presidential primaries, which is scheduled for August 2023. ![]() Rumble has partnered with conservative personalities like Steven Crowder and Dan Bongino to broadcast shows, and expanded its broadcasting presence in combat sports - including with Power Slap, a slap-fighting organization founded by UFC President Dana White, and Bare Knuckle Fighting Championship. ![]() The deal is the latest expansion by Rumble, which has advertised itself as a company whose technology is “immune to cancel culture.” The company has become a platform for a growing number of conservative personalities, comedians and sports content. Billionaire investor Peter Thiel, another member of the “PayPal Mafia” - or the group of early PayPal staff who went on to bigger careers in the tech world - is one of Rumble’s investors. He is also the founder of Craft Ventures, a VC firm, and Yammer, a software-as-a-service platform that was acquired by Microsoft Corp.įor $1.2 billion. ![]() Sacks joined PayPal in 1999 and became chief operating officer in 2002. “As a passionate proponent of the creator economy and the free flow of ideas, I strongly support Rumble’s unwavering commitment to free speech in the face of growing censorship and government overreach,” Sacks said in a statement. Rumble executives, in a statement, said the purchase of CallIn - which allows users to create and listen to podcasts - would add an easy-to-use app and post-production tools to Rumble’s ranks of online creators and their followers.
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