Elon Musk is said to be planning to launch an artificial intelligence company to compete with OpenAI, which created ChatGPT, as Silicon Valley battles for control of the fast-moving technology.
According to the Financial Times, the billionaire head of Tesla and Twitter is putting together a team of artificial intelligence researchers and engineers and is in talks with several investors about the project.
Elon Musk reportedly founded a company called X.AI on March 9, and is the sole director of the company, according to an insider.
The move, which will see it join tech giants Microsoft, Google, Amazon and startups like OpenAI in the fast-moving field of artificial intelligence, signals a rapid shift in direction.
Just a few weeks ago, Musk co-authored a letter calling for a six-month hiatus from AI research with more than 1,800 of his peers. It turned out later that some of the signatures were forged.
In company filings, Musk recently changed Twitter’s name to X Corp. The move was part of its plans to create an “everything app” under the X brand name. His business portfolio includes Twitter, Tesla, rocket maker SpaceX, neurotechnology research firm Neuralink, and his own tunnel-building venture, The Boring Company. Watchman.
For the new AI project, Musk is said to have sourced thousands of high-performance GPUs and is said to have recruited engineers from leading AI labs such as DeepMind.
Musk’s new startup is likely to try to rival OpenAI, which Musk co-founded in 2015. However, he left the board after three years, due to clashes with management, including over AI security.