Billionaire Elon Musk’s plans to enter the world of Artificial Intelligence (AI) were recently revealed in a Wall Street Journal report. According to the news, Musk has started a company in Nevada on March 9, 2023 which goes by the name of X.AI. The venture has been formed keeping OpenAI in mind, which is one of the most prominent entities in the AI domain.
Musk has already purchased a significant number of graphic processing units and is recruiting experts such as coders, engineers, and other technical specialists to build an efficient team. In addition, the utmost focus is to develop an AI product to compete with ChatGPT and Dall-E Creator. The tech tycoon has also started seeking financial help from investors of Tesla and SpaceX.
It has been reported that Musk’s efforts are part of a larger scheme to launch the all-in-one app X. He had integrated Twitter into X. Corp, which is the parent organization of X, earlier. The tech magnate has made it clear that the social media platform will act as a gateway for the development of X.
It is worth noting that Musk’s involvement in the business of AI has been a source of controversy for a long time. He has previously denounced OpenAI and voiced his concerns about the misuse and abuse of powerful AI tools.
X Corp is the limited liability firm founded by Elon Musk in July 2017, which focuses on projects such as advanced artificial intelligence and neural networks. Musk, a technology entrepreneur and engineer, is the founder and CEO of The Boring Company, Tesla, Inc., Neon, and SpaceX, while also serving as the chairman of SolarCity. He is a visionary in several industries and has harnessed the power of artificial intelligence to disrupt existing markets, as well as to create new ones. The all-in-one app X will be a conglomerate, weaving together AI, machine learning, and big data technologies to produce unbeatable digital products and services.
With the launch of X.AI, a venture that intends to take on the likes of OpenAI, Elon Musk furthers his ambition of challenging the existing business models and harnessing the capability of AI to bring disruptive innovations to the world. Musk’s venture is already creating excitement in the US Corporate hallways, and it will be interesting to see what the future holds for X.AI and AI in general.
