Billionaire Elon Musk is reportedly working on a new artificial intelligence (AI) start-up that will rival ChatGPT-maker OpenAI. According to The Financial Times, Musk is assembling a team of AI researchers and engineers, as well as discussing investments from SpaceX and Tesla investors. The move follows a call from a group of AI researchers and executives, including Musk, to pause the development of AI systems more powerful than OpenAI’s GPT-4.
Major companies including Microsoft and Google are attempting to integrate generative AI, which underpins ChatGPT, into their offerings. Although ChatGPT has been met with opposition, as regulators are calling for regulation ahead of large-scale adoption. Italy has banned ChatGPT due to privacy concerns, while European privacy watchdogs have begun creating policies surrounding artificial intelligence.
Additionally, Musk has purchased thousands of GPUs from Nvidia, positioning them to support AI and powerful graphical computing, making Nvidia’s stock rise following the news. He also recently registered a company called X.AI in Nevada, with himself as the sole director and Jared Birchall as a secretary. However, it is unknown how this relates to the AI start-up.
X.AI is a company founded by Elon Musk that focuses on developing artificial intelligence and machine learning. The company was founded in 2015 and has quickly become a leader in the industry, breaking new ground in the development of AI applications for everyday use. It has been backed by some of the biggest names in the business and investors, including Musk himself.
Elon Musk is an American entrepreneur and businessman, whose successful companies have included Space Exploration Technologies (SpaceX), Tesla Motors, and Neuralink. He is well known as a major innovator and disruptor in the tech industry and a long-time advocate of artificial intelligence as a tool to support humanity. In addition to running his multi-billion dollar companies, Musk is also a major philanthropist, having invested in various nonprofit organizations.
