Friday, 12 May 2023

Elon Musk Establishes X.AI Corp, AI-Powered Startup Competing with OpenAI

Elon Musk, the renowned entrepreneur and CEO of SpaceX, has submitted official paperwork to set up X.AI Corp, a new artificial intelligence (AI) corporation. As of now, Musk is the only director of the company, while Jared Birchall, the director of Musk’s family office, is listed as the company secretary. It is believed that Musk is intending to create a new firm with its own unique AI model to rival that of OpenAI, Google, and Amazon in the ongoing race to develop more sophisticated AI models.

According to reports, Musk recently hired Igor Babuschkin, a scientist at Alphabet Inc.’s DeepMind, to head up this new project, and he has also attempted to attract talent from OpenAI to work in his new lab. The goal is reportedly to build a competitor to ChatGPT, which was released in November 2022.

With the demand for advanced AI models growing all the time, this new move from Musk is a significant development in the industry. By establishing his own AI corporation, he is set to join the ranks of other tech giants also investing resources in developing AI, with the potential for X.AI Corp to become a dominant player in this market.

Editor Notes:
Musk is known for his ambitious projects, and this latest venture is no exception. The race to produce a more advanced and competitive AI model is intense, and with his extensive experience and expertise, there is little doubt that Musk will add significant value to this field. It will be fascinating to watch this story unfold, and we look forward to seeing the impact X.AI Corp could have on the AI industry in the coming years. Stay up to date with all the latest tech news by visiting GPT News Room at https://gptnewsroom.com.

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