Billionaire Elon Musk founded a new company to compete with OpenAI

by nativetechdoctor
2 minutes read

Billionaire Elon Musk has just founded a new company in Naveda state (USA) called X.AI, in which Musk holds the role of director and company secretary is Jared Birchall – one of his close friends.

According to TechUnwrapped , the purpose of X.AI that Elon Musk created is to compete with OpenAI in the field of AI chatbots. Musk also revealed that one of X.AI’s priorities is to find investors by selling 100 million shares, although it is still an unlisted private company – which is Musk’s favorite recipe. for the companies he created

The appearance of X.AI is not surprising when in the past time, there have been reports that Musk is trying to attract AI talent from other technology companies, especially from OpenAI, although These efforts of his have not achieved the desired results. A few days ago, it was reported that Musk made a huge investment when he bought 10,000 A100 Tensor Core GPUs – a real GPU “monster” for AI-related tasks created by Nvidia.

This is not the first time Elon Musk has taken an interest in the field of AI. He was even one of the investors in OpenAI but left the company in 2018 after a power struggle with OpenAI’s current CEO Sam Atman. Hostility as well as interest in AI could be the reason why Musk wants to create a product that competes with ChatGPT.

At the present time, the information about X.AI is still a mystery. There is an interesting detail that the appearance of X.AI took place not long after Elon Musk and many other famous people signed a letter calling on companies in the field of AI to “brake the brakes. and stop all AI development for 6 months” pending the necessary regulations. This led many to question Musk’s “hypocrisy” in his appeal, where he simply wanted to buy time for a better chance at competition

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