Tech
Elon Musk Creates AI-Focused Company X.AI As A Possible Rival To OpenAI — Reports
Swarajya Staff
Apr 16, 2023, 09:15 PM | Updated 09:15 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Entrepreneur Elon Musk has set up a new firm focused on artificial intelligence (AI), named X.AI, as per a report from The Wall Street Journal.
The company was established last month, as indicated by a filing in Nevada, the United States.
Musk is named as the director, and Jared Birchall, the director of Musk's family office, is listed as its secretary.
The filing, which has also been obtained by The Verge, reveals that Musk incorporated the business on 9 March this year.
There has been enough speculation about a new AI project by Musk that would compete with Microsoft-backed OpenAI.
Business Insider had reported that Musk purchased numerous GPUs (graphic processing units) for this AI development.
According to the Financial Times, the billionaire businessman has approached the investors of Tesla and SpaceX for financing this new project.
The name "X.AI" matches the branding of "X Corp," which Musk has assigned to Twitter, as well as his vision of an "everything app," again associated with the "X" label.
Elon Musk co-founded OpenAI in 2015, but walked away from the AI organisation in 2018, and has since publicly expressed his opposition to it.
OpenAI is today known for its pathbreaking AI innovation called ChatGPT. It has pushed technology giants like Microsoft and Google to step up their own AI game.
Recently, Musk was one of many notable signatories to a letter asking for a halt on "giant AI experiments".
The rapid development and deployment of AI has raised concerns among researchers and ethicists about its impact on employment, public discourse, and humanity's ability to cope with a new reality.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.