Wednesday, December 6, 2023

Elon Musk to develop synthetic intelligence, founds new company X.AI

Twitter and Tesla CEO Elon Musk has established a brand new firm, seemingly to develop synthetic intelligence (AI), in accordance with a current firm submitting.

Firm might be headed by Musk

The related submitting, dated March 9 however newly publicizied, lists Musk as director of an organization referred to as X.AI. It additionally lists Musk’s affiliate, Jared Birchall, as secretary.

It moreover signifies that X.AI has been established within the state of Nevada and that the corporate at present has $100,000 of capital.

The submitting doesn’t identify another staff or firm plans, nor does it explicitly state that the corporate will work with AI past what’s implied within the identify.

The letter “X” is being utilized in a number of of Musk’s enterprise endeavors. Twitter Inc. was lately renamed to X Corp., and that firm is in flip owned by one other firm referred to as X Holding Corp. These choices appear to be a part of Musk’s plans to create an “the whole lot app” referred to as X, which is able to mix social networking and fee instruments.

The “X” naming pattern dates again to Musk’s early monetary agency,, which was based in 1999 and have become PayPal in 2000.

Musk’s involvement with AI

Musk has an extended historical past of involvement within the AI business. He based OpenAI, the corporate behind ChatGPT, in 2015 however left the agency in 2018.

More moderen stories from February counsel that Musk has recruited Igor Babuschkin — previously of Google’s Deepmind AI division — to develop an alternative choice to ChatGPT.

Regardless of his curiosity in AI, Musk is one among a number of consultants who’ve signed a letter urging for non permanent restraints on AI coaching. Such restraints would assist keep away from any unknown dangers and guarantee “an extended AI summer season,” the letter says.

There isn’t a indication that Musk’s AI efforts will make use of cryptocurrency. Actually, Musk recommended in March that he’s now extra interested by AI than cryptocurrency — although it’s unclear whether or not that assertion was made in jest.

Musk has not publicly commented on the brand new agency X.AI.

The publish Elon Musk to develop synthetic intelligence, founds new company X.AI appeared first on CryptoSlate.

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