Elon Musk Founds X.AI Artificial Intelligence Company, CIO News, ET CIO

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Elon Musk has founded X.AI artificial intelligence company based in Nevada, USA, according to business documents revealed on Friday.

Already Twitter and Tesla boss Musk was listed as a director of X.AI Corporation, which was formed on March 9, state business reports show.

Musk recently merged Twitter with the newly formed “X” Shell company, keeping the platform’s brand name intact and the business’s brand name intact.

Musk has founded what appears to be a rival to ChatGPT maker OpenAI, despite his recent calls for an overall moratorium on artificial intelligence development.

According to Insider’s report, Musk has purchased thousands of powerful and expensive computing processors and hired engineers as part of Twitter’s AI project.

Musk, meanwhile, cut staff at Twitter as part of a massive cost-cutting effort since buying the San Francisco company for $44 billion late last year.

X.AI’s founding date came just weeks before Musk signed an open letter with experts calling for a halt to AI development.

An open letter published on the Musk-funded Future of Life Institute website called for a six-month moratorium on developing powerful AI systems.

billionaire The CEO of Tesla and other celebrities have written that “AI systems with intelligence competitive with humans could pose serious risks to society and humanity.”

Signatories, including academics such as Apple co-founder Steve Wozniak and tech giants, argued that the moratorium should be used to tighten regulation and ensure system security. .

However, critics called the letter a “garbage” of “AI hype” and even misrepresenting academic papers.

Tech giants such as Google, Meta, and Microsoft have spent years developing AI systems, formerly known as machine learning or big data, to help with translation, search, and targeted advertising.

But late last year, San Francisco company OpenAI launched ChatGPT, a bot that can generate natural-language text from short prompts, further boosting interest in AI.

Musk co-founded OpenAI, but left the company in 2018.

Microsoft has since announced that it is investing billions in OpenAI, powering the technology with its Bing internet search service.

  • Published April 15, 2023 at 11:21am (IST)

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