Elon Musk Establishes Startup X.AI

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Elon Musk Regains Position As Richest Person In The World
Elon Musk Regains Position As Richest Person In The World

Elon Musk, the CEO of Tesla and Twitter, has reportedly launched a new artificial intelligence (AI) company called X.AI Corp to compete with OpenAI.

 

According to multiple media reports on Saturday, Musk assembled a team of AI specialists, researchers, and engineers for the project, including scientists from Alphabet-owned DeepMind.

 

“Per business records, the Nevada-listed company was incorporated on March 9,” PC Magazine reported.

“Musk is reportedly listed in the documents as its sole director, while ex-Morgan Stanley banker and Musk’s money manager Jared Birchall is its secretary.

The tech billionaire reportedly plans to develop an all-encompassing app under the brand “X.” One of those plans is X.AI Corp.

This is followed by Musk’s recent statement that Twitter had merged into his new umbrella firm, X Corp.

Musk recently backed an open letter that called on AI labs like OpenAI to pause AI. He said earlier that ChatGPT is “effectively controlled by Microsoft.”