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According to a report first published by The Wall Street Journal, Elon Musk has launched a new company that will focus on artificial intelligence, calling it X.AI.
Elon Musk is currently listed as a director of the company, and Jared Birchall, who is the head of Elon Musk’s family office, is listed as company secretary. This information comes from a Nevada document that reveals the company was incorporated a month ago. According to the document, also obtained by Report, Elon Musk incorporated the company on March 9, 2023.
There have been rumors for days about Elon Musk creating his own AI company. According to a story published by Business Insider, Musk has acquired thousands of graphics processing units (GPUs) with the intention of powering a future generative artificial intelligence product.
This revelation added fuel to the fire of AI startup rumors. Similarly, the Financial Times stated that Musk intended to found an AI company to compete with OpenAI, which was supported by Microsoft. To get the company off the ground, reports indicate that Elon Musk approached investors in SpaceX and Tesla for financial backing.
When Elon Musk was asked during an interview on Twitter Spaces about all the graphics processing units (GPUs) he had purchased, the billionaire did not mention his aspirations to start an artificial intelligence (AI) company, instead stating that ” looks like everyone and their dog is buying GPUs right now.” The supposed X.AI name branding conforms to the X Corp. name branding it has since assigned to Twitter, along with the “X” tag it has affixed in its “app for everything” concept.
Musk has been vocal in his opposition to OpenAI, an artificial intelligence organization he co-founded in 2015 but left in 2018. He also recently signed a letter calling for a halt to “giant AI experiments.” In recent months, OpenAI has become a household name thanks to technologies like ChatGPT and GPT-4. He is also partly responsible for sparking the current push by Microsoft and Google to embed AI tools more deeply into many of their businesses.
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