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Elon Musk developing AI startup to rival OpenAI

April 16, 2023
in Blockchain
Reading Time: 2 mins read
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In a transfer to broaden his footprint within the AI trade, tech entrepreneur Elon Musk is reportedly making a startup to rival one in every of his personal earlier ventures, OpenAI. In keeping with the Monetary Occasions, Musk is placing collectively a crew of AI researchers and engineers to develop a brand new AI firm that can compete with OpenAI. Whereas Musk resigned from the board of OpenAI in 2018, the launch of his new AI startup will put him in direct competitors with different tech giants like Google and Microsoft.

The report additionally means that Musk is in talks with traders, together with present supporters of SpaceX and Tesla, for funding within the new AI enterprise. In keeping with a supply, “a bunch of persons are investing in it, it’s actual and they’re enthusiastic about it.”

This revelation follows a latest report stating that Musk procured nearly 10,000 graphics processing items to energy Twitter’s AI initiatives. On March 9, Musk additionally included an organization named X.AI, which he listed as the only director. He modified the identify of Twitter to “X Corp” in firm filings as a part of his plans to create an “every little thing app” beneath the “X” model.

Curiously, regardless of Musk’s involvement in AI growth, he and over 2,600 different tech leaders and researchers signed an open letter on March 30 calling for a short lived halt on additional AI growth as a result of “profound dangers to society and humanity.”

Within the broader context of AI competitors, Amazon Internet Providers (AWS) has additionally not too long ago launched its Amazon Bedrock initiative. This can enable AWS customers to construct generative AI from basis fashions.

General, Musk’s new AI enterprise will undoubtedly be one to observe within the coming months. As probably the most well-known and influential tech entrepreneurs of our time, his newest AI startup will undoubtedly seize the eye of the trade and the broader public.

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Tags: DevelopingElonMuskOpenAIRivalStartup
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