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 Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans . Twitter-owner Musk is assembling a team of AI researchers and engineers, according to the FT report, and is also in discussions with some investors in SpaceX and Tesla Inc about putting money into his new venture. Musk's plan for the firm comes weeks after a group of AI researchers and executives, including himself, called for a six-month pause in developing systems more powerful than OpenAI's GPT-4, citing potential risks to society. Companies from Microsoft Corp to Alphabet Inc are pushing to incorporate Generative AI, the Technology behind chatbot sensation ChatGPT, into their offerings. However, ChatGPT is facing pushback as regulators call for well-defined rules ahead of its mass adoption. Italy has banned ChatGPT over p...

Twitter announced Sunday it would no longer allow users to promote their accounts on several rival social media platforms including Facebook and Instagram, but the site's mercurial owner Elon Musk appeared to backtrack on the new policy just hours later. The sudden shift in the rules was the latest in a series of controversial changes made by Musk since he took over the company in October -- upheaval that has led a growing number of users to encourage followers to view their posts on other sites. The unpredictable billionaire even put his future as Twitter's CEO to a vote. "Should I step down as head of Twitter?" he tweeted, asking the site's users to click yes or no.  "I will abide by the results of this poll," he added, with the vote open until the early hours of Monday. Twitter had announced that the company would "no longer allow free promotion of specific social media platforms ." "At both the Tweet level and the account l...