Elon Musk Plans AI Startup to Rival Open AI
Elon Musk reportedly plans to launch a new artificial intelligence (AI) startup rivalling Open AI. The company he co-founded in 2015. This move will place him in competition with other tech giants like Google and Microsoft. They are also working on next-generation AI. Here we will discuss a few clips of how Elon Musk plans an AI startup to rival Open AI.
Building a Team
According o the Financial Times, Musk is already setting up a team of AI researchers and engineers for his new venture. At the same time, Musk left the board of Open AI in 2018. He remains committed to advancing AI technology.
The report also suggests that Musk is talking to existing investors from SpaceX and Tesla for potential investments in the new venture. It shows a lot of excitement surrounding this new startup. The source claims that a bunch of people is investing in it. Musk and others in the tech industry are also urging caution regarding AI development due to its potential risks.
Procuring Graphics Processing Units
This news complements a recent report stating that Musk has procured nearly 10,000 graphics processing units to power Twitter’s AI initiatives. While Musk has not confirmed this, it is believed that he intends to create an Everything app under the X brand.
Incorporating X (X.AI)
On March 9, Musk incorporated a new company named X(X.AI). He lists himself as the company’s sole director. He also changed the name of Twitter to X Crop in company filings. Furthermore, he plans to create an Everything app under the X brand.
Temporary Pause on AI Development
Despite his plans o create a new AI startup. Musk and more than 2,600 chief technologist and analysts signed an open letter in March 2023. In this letter, they intend to pause further AI development temporarily. They fear that AI poses profound risks to society and humanity.
Amazon Bedrock Initiative
Web Services has also announced its entry into the AI race with the Amazon Bedrock initiative. It will allow AWS users to build generative AI from foundation models.
Elon Musk plans to launch a new AI startup to rival Open AI. He co-founded a company in 2015 to demonstrate his commitment to advancing AI technology. At the same time, he left the board of Open AI in 2018. He remains passionate about AI development and is setting up a team of researchers and engineers for his new venture.
However, the Amazon Web Series entry into AI race shows that competition is heating up. We expect to see even more development in the space in the coming years.