Entrepreneur Elon Musk is preparing to launch a startup to rival Openai, which developed Chatgpt, a media report revealed.Twitter and Tesla owner Elon Musk has already assembled a team of developers and is talking to investors.
Elon Musk reportedly working to form a rival company to Openai, registering X.AI Corp
Tech investor Elon Musk is working hard to create a startup to compete with Openai, the developer of the artificial intelligence (AI) assistant Chatgpt, the Financial Times revealed Friday, citing a person familiar with the billionaire’s intentions.
The publication claimed that while Musk is currently recruiting AI engineers, he is in discussions with some investors in Spacex and Tesla, his flagship businesses alongside Twitter, about backing the new venture, Reuters quoted the report.
Companies such as Microsoft-backed Openai and Google’s parent company, Alphabet, are working to incorporate AI into their products, despite calls from regulators for comprehensive rules on the technology to be put in place before it is widely adopted!
News of Musk’s new plan comes weeks after a group of AI researchers and executives, including himself, urged a six-month pause in the development of systems more powerful than Openai’s latest model, the GPT-4, and warned of the potential risks to society.
In fact, Elon Musk is one of the founders ofOpnai” as a nonprofit organization in 2015, where he initially served as co-chair. The investor stepped down from its board in 2018; in March 2023, he registered a company in Nevada called X.AI Corp, though it is unclear if this company is related to the reported effort.
The Financial Times also notes that the entrepreneur has secured thousands of graphics processing units (GPUs) from chipmaker Nvidia. This hardware is needed to run AI applications. Last month, Nvidia’s chief technology officer was quoted as saying that artificial intelligence is more useful than cryptocurrency mining.
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