Specializing in sensitive big data, its products focus on offering a better understanding of the data and executing analysis and predictions based on it, according to its website. In an interview with the New York Times, Thiel described his crusade against Gawker as a bid to help those attacked by a “singularly terrible bully,” declaring it “one of my greater philanthropic things that I’ve done.” Stubborn and persistent, the billionaire also has another notable entry on his resumé: he’s the co-founder of Palantir.Ĭreated in 2004, Palantir is a company that has grown on the back of contracts with government agencies. Hogan won the case, and Gawker was ordered to pay him $140 million in damages - an amount that took the website to bankruptcy and forced it to close. One of these suits against Gawker, to which Thiel contributed $10 million in legal fees, was filed by Hulk Hogan over the publication of a sex tape involving the wrestler. As Forbes Magazine outlines, although he lost his lawsuit against the media outlet, Thiel then spent years funding the legal action that others brought against it. He orchestrated a campaign to bring down the news portal Gawker, which in 2007 published reports about his sexual orientation. Within the already peculiar universe that is Silicon Valley, Thiel has made himself a particularly controversial figure. midterms, having in 2016 become one of the first figures to sponsor Trumpism. Thiel remained on the board at the social media giant for years, until he left in 2022 to support Trump-aligned candidates ahead of the U.S. One of the founders of PayPal, he showed a keen eye for an opportunity when, in 2004, he used his cut from the $1.5 billion sale of the payment platform to become the chief investor in a nascent company called Facebook. Thiel is an American entrepreneur and venture capitalist whose net worth was estimated at around $8 billion by Bloomberg at the end of March. It’s a goal that Peter Thiel has made it his mission to achieve and, judging by the way investors are reacting, he is well on his way to doing just that. To make battlefield operations more efficient, governments and companies are going to great lengths to explore ways of making the most of this technology. Senate committee: “I think if this technology goes wrong, it can go quite wrong.” Among the range of sectors in which AI is gaining in influence, one particularly sensitive area stands out: defense. Indeed, Sam Altman, the CEO of ChatGPT creators Open AI, last week acknowledged in testimony before a U.S. Sparked by the emergence of the chatbot ChatGPT, AI fever is spreading fast - despite the ethical doubts that artificial intelligence throws up, and warnings from authorities such as the World Health Organization over its potentially harmful effects if used improperly.
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