A few weeks back, Elon Musk was one of the relevant minds asking AI companies to stop training for at least six months. Relevant people like Apple’s co-founder Steve Wozniak, and other entities were concerned about the future of the world with the unprecedented rise of AI solutions like AI’s ChatGPT tech. When it comes to Elon Musk, the controversial entrepreneur gave support to these petitions, but that does not mean he is not interested in this tech. Apparently, Elon Musk is working on an AI startup that will win ChatGPT-maker OpenAI.
It seems that for Musk, AI could be enough as long as it’s part of his house of ideas. As per a report from Financial Times that cites people familiar with the matter, Elon Musk plans a new venture into the segment of AI. The billionaire is well known for working on multiple projects at the same time. From Tesla to SpaceX, from Neauralink to… Twitter. The latter has been the most controversial arm under Musk’s control. Now, it seems that he can change its focus from Twitter to a new venture very soon.
Elon Musk’s X.AI corp is coming soon to dethrone OpenAI
The report states that the Tesla owner is assembling a team of AI researchers and engineers. He is also discussing with some investors in SpaceX and Tesla Inc about putting money into his new venture. We don’t think he will have a hard time trying to convince investors to put money into AI. This certainly is a rising trend with huge potential. The only problem is that he has burned a lot of money in Twitter.
Gizchina News of the week
Worth noting that if Elon Musk plans to have success in his goal, then it’s better to hurry up. ChatGPT keeps evolving, and other companies like Microsoft and Google keep their push into AI. While Microsoft decided to invest in OpenAI, Google tries to build a solid competitor in the form of Bard. Both companies are trying to introduce Generative AI, the same tech behind ChatGPT. Worth noting that even Meta will surf in this tech after the Metaverse’s failure.
Besides the appeal, AI Companies now will need to face their first challenges. ChatGPT is facing the rage of regulators that ask for well-defined rules ahead of mass adoption. Recently, Italy decided to ban ChatGPT over privacy issues. Furthermore, a European privacy watchdog created a task force as a first step toward a common policy for AI. With the rising tech, regulators will likely determine rules for use and development.
Elon Musk already secured thousands of graphics processing units. These are mandatory to power the computing required for intensive tasks such as AI. Elon Musk grabbed the tech from Nvidia, which is trying to become a relevant supplier of AI-related tech. In another example of his push towards AI, Elon Musk recently registered a firm named X.AI Corp. The firm lists Musk as the sole director and Jared Birchall, the managing director of Musk’s family office, as a secretary. This is a name that could work well.
Now the question that remains is when X.AI Corp will start to operate, and whether it will be able to deliver a competitor before OpenAI dominates the segment.