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Tech billionaire Elon Musk on Wednesday launched a new artificial intelligence (AI) company called xAI that aims to to "understand the true nature of the universe".
The startup will be led by Musk, the CEO of Tesla and owner of Twitter, who has said on several occasions that the development of AI should be paused and that the sector needed regulation.
Samsung Electronics appointed the company's first female president during its annual executive reshuffle, indicating Chairman Lee Jae-yong's intention to break the glass ceiling at his company. The tech giant announced on Monday that Vice President Lee Young-hee was promoted to president to lead the global marketing office of the device eXperience (DX) division, which oversees the mobile device and home appliance businesses. She is credited for Samsung using purple, instead of blue, for its marketing campaign.