Elon Musk, the tech entrepreneur behind Tesla and SpaceX, is reportedly working on launching a startup that will compete with OpenAI, the creator of the artificial intelligence (AI) assistant ChatGPT. According to sources familiar with the matter, Musk is already in the process of assembling a team of developers and talking to investors. The Financial Times reported on Friday that the billionaire is recruiting AI engineers and holding talks with investors in his other companies, including Tesla and SpaceX, about backing the new venture. Musk has reportedly registered a company called X.AI Corp in Nevada, although it is unclear if this is linked to his efforts to establish an AI-focused startup.
OpenAI, which is backed by Microsoft and Alphabet, has been working to incorporate AI into its offerings, despite calls from regulators to introduce comprehensive rules for the technology before it is widely implemented. The news of Musk’s new plan comes just weeks after a group of AI researchers and executives, including himself, urged for a six-month pause in developing systems more powerful than OpenAI’s latest GPT-4 model, warning about potential risks to society. Musk was one of the founders of OpenAI, launched as a non-profit in 2015, and initially co-chaired it. However, he stepped down from its board in 2018.
The Financial Times also reported that Musk has secured thousands of graphics processing units (GPUs) from chip manufacturer Nvidia, which are needed to power AI applications. Last month, Nvidia’s chief technology officer was quoted as saying that artificial intelligence is more useful than cryptocurrency mining.
It remains to be seen what kind of AI-focused startup Musk is planning to launch, but given his track record in the tech industry, it is likely to be a major player in the space. Musk has been a vocal critic of the potential dangers of AI, warning that it could pose an existential threat to humanity if not properly regulated. However, he has also been a major proponent of the technology, investing heavily in AI research and development through his various companies.
The rise of AI has been a major trend in the tech industry in recent years, with companies across the sector investing heavily in the technology. However, there are concerns about the potential risks of AI, particularly in the areas of ethics and privacy. Regulators have called for comprehensive rules to be introduced to govern the use of AI, but progress has been slow, with many companies continuing to push ahead with their AI development plans regardless.
In conclusion, Elon Musk is reportedly working on launching an AI-focused startup that will rival OpenAI, the creator of the ChatGPT AI assistant. He is said to be recruiting AI engineers and talking to investors in his other companies about backing the new venture. Musk has also reportedly registered a company called X.AI Corp in Nevada, although it is unclear if this is linked to his efforts to establish an AI-focused startup. The news comes just weeks after a group of AI researchers and executives, including Musk, urged for a six-month pause in developing systems more powerful than OpenAI’s latest GPT-4 model, warning about potential risks to society.
