Elon Musk, CEO of Tesla and SpaceX, and owner of Twitter, announced the launch of a new artificial intelligence company, xAI, whose goal is to “understand the true nature of the universe”.
Elon Musk is finally starting to talk about the artificial intelligence business he has founded to compete with OpenAI, the company behind ChatGPT. The startup, named xAI, was officially launched on Wednesday and its goal is to “ understand the true nature of the universe “, without further details.
This new startup, based in the San Francisco Bay Area has already hired a group of top AI researchers who have worked at OpenAI, Google, Microsoft and Tesla. Some Twitter employees also sport the xAI logo next to their certification badge, though it’s unclear if they too are part of the project.
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Elon Musk wants to understand the nature of the universe thanks to xAI
According to a report by The Verge, xAI was registered in April in Nevada. At the time, the world’s richest man signed on as director, and Jared Birchall, the director of Musk’s wealth management office, as secretary.
According to Time Magazine, the company purchased 10,000 graphics processing units in March, a piece of hardware needed to develop and operate cutting-edge AI systems. Moreover, it is thanks to this strong demand in recent months that Nvidia has seen its market capitalization soar. xAI hasn’t said anything about how it will be funded, but the Financial Times reported in April that Musk was considering securing funding from investors in SpaceX and Tesla.
Clarification that the xAI website indicates that it is a ” separate company from X Corp ”, the parent company in which Musk integrated Twitter at the beginning of the year, but that it “ will work closely with X (Twitter), Tesla and other companies “. Elon Musk, 52, now runs six companies: Tesla, SpaceX, Twitter, Neuralink, Boring Co. and now xAI. Moreover, the billionaire also plans to launch X, an “all-in-one” social network based on Twitter.