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Elon Musk Creates His Own Artificial Intelligence Company

April 15, 2023
in Bitcoin
Reading Time: 3 mins read
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Regardless of his current outspoken criticism of synthetic intelligence, Tesla and SpaceX CEO Elon Musk seems to be engaged on an AI-related challenge that can reportedly tackle ChatGPT. The Wall Avenue Journal and the Monetary Instances reported that Musk has began a brand new AI agency known as X.AI Corp.

In keeping with the Monetary Instances, Twitter CEO Musk is in talks with traders from SpaceX and Tesla Inc to lift capital for his new firm and is now hiring AI researchers and engineers.

A state submitting in Nevada from final month, obtained by the Journal on Friday, reveals that along with Musk serving as the corporate’s solely director, Jared Birchall, director of Musk’s household workplace, can be named as the corporate’s secretary.

The billionaire was requested about X.AI by the Journal, however he declined to remark.

ChatGPT Rival Is Coming

Musk’s technique for the corporate was introduced simply weeks after he and different AI teachers and executives advocated for a six-month freeze in establishing techniques with extra capabilities than OpenAI’s ChatGPT 4 attributable to what they declare is the potential hazards they posed to society.

The doc additionally reveals that X.AI has been formally registered in Nevada and is now funded to the tune of $100,000. No different personnel or firm plans are talked about, and the submitting makes no point out of the corporate’s involvement with synthetic intelligence past what’s already conveyed by the title.

Picture: AP Information

Musk not too long ago mixed Twitter with a brand new shell firm he known as “X,” holding the Twitter moniker however dissolving the corporate’s operations. Regardless of Musk’s prior demand for a suspension in AI improvement, this transfer is taken into account as an alternative choice to OpenAI, the creator of ChatGPT.

Buying For GPUs

Enterprise Insider revealed earlier this week that Musk has acquired a whole bunch of graphics processing items (GPUs), the tools that allow the high-powered computer systems required for actions like synthetic intelligence and high-end graphics.

Musk stated:

“It looks like everybody and their canine is shopping for GPUs at this level […] Twitter and Tesla are definitely shopping for GPUs.”

In a current article within the Unbiased, it stated Musk is secretly engaged on a man-made intelligence challenge on the microblogging website. In keeping with the Unbiased, the world’s quantity two richest man has already employed two researchers from the highest synthetic intelligence (AI) startup DeepMind and bought 10,000 GPUs.

A supply aware of the matter instructed Monetary Instances:

“It’s actual and they’re enthusiastic about it.”

Creating synthetic intelligence is nothing new for Musk. Along with the corporate’s present CEO, Sam Altman, he co-founded and chaired OpenAI in 2015.

Complete market cap of cryptocurrencies presently at $1.233 trillion on the weekend chart at TradingView.com

ChatGPT Points

The Journal report disclosed that Musk believed ChatGPT to be politically biased. He warned of the “hazard of coaching AI to be woke” and stated he hopes to develop “truth-seeking” AI fashions.

Picture: Huawei

In the meantime, IDC predicts that by 2023, world spending on synthetic intelligence techniques would have elevated to almost $100 billion, from $38 billion in 2019. All of those sectors, and extra, are displaying indicators of accelerating funding and acceptance of synthetic intelligence applied sciences.

-Featured picture from EUTERS/MIKE BLAKE/FILE PHOTO

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