AI businesses

Call it an epic troll by Elon Musk if you want, but the billionaire's lawsuit against OpenAI puts a refreshing spotlight on the endless humanitarian posturing by AI businesses.Musk has sued the world-leading AI company and its chief executive officer, Sam Altman, for breaking their founding agreement about building powerful AI systems “for the benefit of humanity.” OpenAI still touts that mission on its website, but Musk is calling BS: “In reality… OpenAI Inc. has been transformed into a closed-source de facto subsidiary…

El Salvador's ruling party lawmakers approved a bill to eliminate for 15 years taxes on companies developing artificial intelligence (AI) and other computer programming work in a bid to make the country a more attractive tech destination. The tech tax cut was championed by President Nayib Bukele, who first touted the legislation late last month. Bukele's New Ideas Party dominates the country's Congress. The bill exempts eligible companies from income tax, capital gains and local government taxes, as well as tariff…