Elon Musk to Launch His Own Generative AI Startup
Elon Musk, the owner of Twitter, is reportedly planning to launch his own AI startup to compete with OpenAI and ChatGPT. This move comes as generative AI dominates the tech world, and major players such as Amazon have already launched their own AI competitors.
Musk's Plans for the New Venture
According to The Financial Times, Musk is seeking to hire engineers, attract investors, and acquire chips needed to build large language models. He is also reportedly in talks with investors from SpaceX and Tesla regarding the new venture. The report quotes an insider who says, "A bunch of people are investing in it… It's real, and they are excited about it."
To this end, Musk has already acquired thousands of high-powered GPU processors from Nvidia, which are crucial to building a large language model.
Perception of Musk's Plans
Many are surprised by the speed with which Musk has executed his plans for the startup, given his involvement in efforts to slow the progression of AI development. However, his concern regarding OpenAI and its technology is well known.
The rise of ChatGPT has shaken up the tech world, and the industry has seen an influx of companies seeking to capitalize on the market for generative AI. With Musk now joining the fray, the competition is set to intensify.
Disclaimer: This article is not financial advice. Please conduct your own research and seek advice from a licensed financial advisor before making any investment decisions.
