After being on the sidelines, Elon Musk is diving head-first into the artificial intelligence race and taking matters into his own hands by creating his own AI firm. According to reports from The Wall Street Journal and The Financial Times, Tesla’s chief has founded a new AI company dubbed X.AI Corp, which supposedly will take on Microsoft’s OpenAI. Musk has never shied away from advocating his concerns about the advancement of artificial intelligence and the threat the tech poses. He recently signed an open letter urging tech leaders to halt the development and training of large-scale AI systems for at least six months. But it seems like Musk doesn’t want to exclude himself from the highly lucrative AI domination race…
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A recently uncovered Nevada filing reveals that Musk’s AI company was incorporated last month, further documenting Musk as its director along with Jared Birchall, the director of Musk’s family office, as its secretary. Musk has taken part in a ton of AI projects and he even co-founded OpenAI before leaving the company nearly a decade ago. With OpenAI’s ChatGPT now taking over the globe, Musk seems to be feeling the heat and might be looking to come up with an AI-enabled product of his own.
Talks about Musk starting up an AI company have been doing rounds on the internet for some time now, with a report from Business Insider stating that Musk had bought thousands of graphic processing units (GPUs) to help power an upcoming generative AI product. Reports even reveal that Musk asked several existing SpaceX and Tesla investors to invest in his new AI company to get it off the ground.
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While details surrounding Musk’s latest venture remain scarce, The Wall Street Journal reported that the tech billionaire has recruited Igor Babuschkin, a scientist at artificial intelligence lab DeepMind to pilot the whole initiative. During an interview on Twitter Spaces, when Musk was questioned about all the GPUs he bought, the billionaire remarked, “It seems like everyone and their dog is buying GPUs at this point.”
Musk’s obsession with the letter X continues with X.AI Corp as well and it matches the branding of the X Corp. name he has since assigned to Twitter, along with the “X” label he’s applied to his vision of an “everything app.” Musk’s ex-wife, Grimes, had previously explained on Twitter that the letter (X) stands for “the unknown variable.”
It’s currently hard to say what Musk’s current plans are for X.AI Corp and what he aims to achieve with this new company. But judging by the state of things, Musk seems to be cooking something big and game-changing that might change the landscape of AI and propel the tech to new heights.
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