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Podcast: The Big Story
Episode: Why is the CPP investing your money in xAI?
Description: The Canadian Pension Plan Investment Board (CPPIB) has invested nearly half a billion dollars in xAI, the artificial intelligence company behind Elon Musk's AI chatbot - Grok.The chatbot and its owner have received mounting criticism following the recent influx of deep-fake pornographic content of women and children on X's feeds - a catastrophe that Musk has contributed little to no resources to fix.Host Caryn Ceolin speaks to Jan Mahrt-Smith, associate professor of finance at the University of Toronto, to discuss the risks associated with investing in Musk's chatbot, how the 22 million Canadian investors...