Elon Musk to Launch AI Start-up
Billionaire entrepreneur Elon Musk is reportedly working on a new artificial intelligence (AI) start-up that will compete with OpenAI, the creator of ChatGPT. According to sources familiar with the matter, Musk is assembling a team of engineers and AI researchers to work on the project. He is also in discussions with potential investors in his SpaceX and Tesla companies to support the new venture.
Musk has not yet commented on the report, but it has been suggested that his recent acquisition of thousands of graphic processor units is connected to the AI start-up. These systems are essential for high-level computing required by advanced graphics and AI applications.
Earlier this year, Musk joined a group of AI professionals and industry executives calling for a temporary halt to the development of AI systems more powerful than OpenAI's GPT-4, citing potential risks to society. However, he now seems intent on developing his own AI start-up.
Musk has a history in the AI industry as one of the co-founders of OpenAI. He helped establish the non-profit organisation in 2015 before stepping down from the board in 2018.
In addition to the new AI start-up, Musk has also registered a company named X.AI Corp, which is incorporated in Nevada. The company lists Musk as the sole director, and Jared Birchall, the managing director of Musk's family office, as a secretary. It is currently unclear whether this company is related to the new AI start-up.
The launch of Musk's AI start-up will be watched closely by industry experts and investors alike, as the billionaire entrepreneur seeks to make his mark in this rapidly-evolving field.