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Elon Musk formally enters the AI market with new company, xAI

July 12, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Elon Musk, CEO of Tesla, SpaceX, and Twitter, has introduced the launch of his new synthetic intelligence (AI) firm, xAI, at this time. Musk, who was as soon as a part of the AI analysis nonprofit OpenAI, is now entering into the sector with a enterprise that goals to “perceive the true nature of the universe.”

The fledgling firm’s workforce, presently 12-strong, is led by Musk and contains veterans from DeepMind, OpenAI, Google Analysis, Microsoft Analysis, Tesla, and the College of Toronto.

Rumors to actuality

Rumors concerning Musk’s AI endeavor surfaced earlier this 12 months when it was reported that he had bought hundreds of GPU processors to help an upcoming generative AI product. His new firm xAI, included in Nevada in March 2023, lists Musk as its director and Jared Birchall, the director of Musk’s household workplace, as its secretary.

Musk’s curiosity in AI, notably in language fashions much like OpenAI’s GPT-4, was hinted at throughout an April interview with Tucker Carlson. Musk expressed a want to create what he known as “TruthGPT,” a “maximum-truth-seeking AI.” This ambition would possibly form the preliminary efforts of xAI, doubtlessly culminating in a text-generating AI Musk perceives as extra “truthful” than current fashions.

Dan Hendrycks, director of the Heart for AI Security, has been appointed an advisor to xAI, fortifying its mission to advance AI expertise responsibly. The corporate is ready to work alongside Twitter and Tesla within the pursuit of its yet-to-be-revealed targets.

Regardless of Musk’s previous affiliation with OpenAI, relations between the billionaire and his former group have been strained since his resignation from the OpenAI board in 2018. Variations arose as Musk disagreed with the corporate’s transition from open-source analysis to primarily business tasks.

Elon Musk’s formidable new enterprise will reveal extra about its AI-based pursuits throughout a Twitter Areas occasion on Friday.

Whereas additional particulars concerning the operations of xAI stay below wraps, this initiative represents Musk’s escalating ambition to revolutionize the AI trade and alerts his intention to problem current tech giants.

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Tags: CompanyElonEntersformallymarketMuskXai
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