Mark Zuckerberg, the Founder and CEO of Meta Platforms Inc., surpassed Tesla owner Elon Musk on Friday, becoming the third richest billionaire globally for the first time since 2020.

Musk, who held the top position on the Bloomberg Billionaires Index until early March, dropped to fourth place due to challenges faced by Tesla.

While Musk’s wealth has decreased by $48.4 billion this year, Zuckerberg’s fortune has increased by $58.9 billion as Meta Platforms Inc. reached new highs, including a record high on Friday.

This ascent marked Zuckerberg’s return to the top three since November 16, 2020, when he was worth $105.6 billion compared to Musk’s $102.1 billion.

Currently, Musk’s net worth is $180.6$180.6 billion, while Zuckerberg’s is $186.9 billion.

The narrowing of the wealth gap between Musk and Zuckerberg, which was once as wide as $215 billion in November 2021, reflects the shift in investor sentiment from electric vehicle stocks to big tech, particularly AI-related ventures.

Tesla’s stock has declined by 34 percent this year, making it the worst performer in the S&P 500 Index, due to various factors including slowing EV demand globally, increased competition in China, and production issues in Germany.

On the other hand, Meta’s stock has surged by 49 percent fueled by robust quarterly earnings and enthusiasm surrounding the company’s AI initiatives, making it the fifth-best performer on the S&P 500.

Beyond their financial standings, Musk and Zuckerberg have engaged in a public feud, notably intensified when Meta launched Threads, a social media platform competing with Musk’s ventures.

The rivalry even extended to jests about a potential physical confrontation, with Musk, 52, recently expressing willingness to face off against Zuckerberg, 39, “anywhere, anytime.”

At present, Bernard Arnault, the chairman of LVMH Moet Hennessy Louis Vuitton, and Amazon founder Jeff Bezos hold the first and second positions on Bloomberg’s billionaire ranking, with fortunes of $223.4 billion and $207.3 billion, respectively.

OpenAI has reportedly accused New York Times of hacking ChatGPT.

According to a further report, OpenAI has accused the New York Times of hacking its AI ChatGPT to replicate its content, a charge the Times refutes.

OpenAI is also facing a lawsuit from the Times over alleged unauthorised use of its articles to train chatbots.

OpenAI alleged New York Times (NYT) used deceptive prompts to influence ChatGPT to replicate its material.

NYT’s attorney refuted OpenAI’s claims.
ChatGPT’s parent company OpenAI has responded to The New York Times’ (NYT) accusations of copyright infringement.

The Sam Altman-led company alleges that the NYT utilised “deceptive prompts” to influence ChatGPT and manipulate it into building evidence.

In other words, OpenAI is accusing New York Times of hacking ChatGPT and using its contents to build a case against the publication. This, OpenAI argues, is a violation of their terms of use.

“The allegations in the Times’s complaint do not meet its famously rigorous journalistic standards,” OpenAI said as per a Reuters report and added, “The truth, which will come out in the course of this case, is that the Times paid someone to hack OpenAI’s products.”

The Reuters report stated that in a filing submitted to the Manhattan federal court on Monday, OpenAI asserted that The New York Times induced its technology to replicate content through “deceptive prompts” that overtly violated OpenAI’s terms of use. The company argued that the allegations presented by the Times fail to meet the rigorous journalistic standards for accuracy and truth.