Elon Musk may launch an AI startup to compete with OpenAI

By: Mark Jessy

Elon Musk may launch an AI startup to compete with OpenAI

April 15, 2023 7:03 AM

While Musk quit the OpenAI board in 2018, the launch of the new AI start-up will place Musk alongside other industry titans such as Google and Microsoft in the race to construct next-generation AI.


Elon Musk is said to be planning an artificial intelligence (AI) business to compete with ChatGPT-maker OpenAI, one of the most popular generative AI startups he co-founded in 2015.


According to the Financial Times, the news→ occurred after it was revealed that Musk is assembling a team of AI academics and engineers. While Musk quit the OpenAI board in 2018, the launch of the new AI start-up will place Musk alongside other industry titans such as Google and Microsoft in the race to construct next-generation AI.


According to the story, Musk is in talks with existing SpaceX and Tesla investors about investing in the new AI firm. "A lot of people are investing in it... it's real and people are enthused about it," the FT's source noted.

 

 

The supposed findings back with a recent April 12 report in which an unidentified source said Musk purchased over 10,000 graphics processing units to fuel Twitter's AI projects.

 


Musk formed a corporation called X (X.AI) on March 9, with himself as the only director. Furthermore, Musk changed Twitter's name to X Corp in corporate documents as part of his aspirations to launch a "everything app" under the "X" brand.

 


On the contrary, Musk and over 2,600 other tech CEOs and researchers signed an open letter on March 30 recommending a temporary halt to further AI development due to "deep threats to society and civilization."


Amazon Web Services is yet another IT behemoth to enter the AI race (AWS). Amazon Bedrock is a program that will allow AWS users to construct generative AI from foundation models (FMs).