Elon Musk has founded a new artificial intelligence company called X.AI Corp, which may compete with OpenAI, the creator of ChatGPT. The move comes after Musk's resignation from OpenAI's board in 2018 and his subsequent criticism of the speed of generative AI development.
- Formation of X.AI Corp: Elon Musk has created a new AI company called X.AI Corp, with filings made last month in Nevada. The company has authorized the sale of 100 million shares for the privately held firm.
- Musk's history with OpenAI: Musk co-founded OpenAI in 2015 along with Sam Altman and other investors, who collectively pledged $1 billion to the venture. However, Musk resigned from OpenAI's board in 2018 due to potential conflicts of interest with Tesla's AI development for self-driving cars.
- Criticism of generative AI development: Since the launch of OpenAI's ChatGPT in 2022, Musk has been critical of the pace of generative AI development, co-signing a letter with over 1,800 others demanding a six-month pause in AI research.
- OpenAI's GPT-4 launch: In March, OpenAI announced the launch of GPT-4, the latest iteration in its deep learning model, claiming it exhibits human-level performance on various professional and academic benchmarks.
Business professionals should keep an eye on developments surrounding Musk's new AI venture, X.AI Corp, and potential competition with OpenAI, as it may impact the AI industry and lead to new innovations and advancements in the field.