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Is Elon Musk promoting 'Quantum AI'?

Video shared on Facebook claiming Elon Musk is promoting the ‘Quantum AI’ platform. (Source: Facebook/Modified by Logically Facts) However, we found that the video is a deepfake. What we found Using reverse image search, we found a 2:28-minute long video of an interview of Musk uploaded on CNBC’s YouTube channel.

Is musk launching a 'quantum AI' platform?

Faber and Musk discuss various aspects of AI in the hour-long interview, but there is no mention of a 'Quantum AI platform.' This is also confirmed by a transcript of the interview on CNBC's website. Further, there are no credible news reports on Musk launching any ‘Quantum AI’ platform.

Is Quantum AI a scam?

In May, Hong Kong’s securities and futures markets regulator, the Hong Kong Securities and Futures Commission (SFC), issued a warning about Quantum AI. It described the scheme as a fraudulent cryptocurrency trading platform, which uses the image of Elon Musk to lure victims.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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