New AI startup announced by Elon Musk

Elon Musk, the CEO of Tesla, has revealed the creation of an AI business.

xAI is the name of the new business, which employs a number of engineers that have previously worked with OpenAI and Google.

Mr. Musk has already suggested that he thinks AI advancements should be put on hold and that the industry requires regulation.

He claimed that the purpose of the startup was to “understand reality.”

The amount of resources the organization has, its precise goals, and the type of artificial intelligence the business wishes to concentrate on are all unknown.

The mission of xAI, according to the company’s website, is to “understand the true nature of the universe.”

On Friday, the new company will have a Twitter Spaces conversation that might provide further information about its goals.

Elon Musk was one of the founding sponsors of OpenAI, which later produced the well-known large language model ChatGPT. This model has – frequently contentiously – gained popularity for applications like helping kids with their schoolwork.

The billionaire’s connection with the business, though, has deteriorated. He criticized ChatGPT for being biased toward liberal causes.

TruthGPT is what we need, Mr. Musk said in february.

Additionally, he disapproves of the way ChatGPT has been managed and its close association with Microsoft.

In an interview with CNBC, Musk remarked, “It does seem strange that something can be a nonprofit, open source and somehow transform itself into a for-profit, closed source.”

A letter calling for a halt to “Giant AI Experiments” was signed by Elon Musk in March and has received about 33,000 signatories as of this writing.

Mr. Musk stated that he had been concerned about AI safety for more than ten years in an interview with the BBC in April.

“I believe that a regulatory body for AI oversight should be established to ensure that it does not present a danger to the public,” he stated.

Due to the data that AI companies use to train chatbots—software that learns how people engage by gathering reams of information from multiple sources to fuel its knowledge and interaction styles—Mr. Musk has also aligned himself against these businesses.

The entrepreneur thinks Twitter should receive fair compensation because huge volumes of its data are scraped off the website.

In a deal worth billions, Mr. Musk bought the microblogging service before making significant changes that caused many users to leave the service in protest, including Shonda Rhimes, the creator of shows like Grey’s Anatomy and Bridgerton, as well as models Gigi Hadid and Stephen Fry, a comedian and actor.