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Elon Musk has created a new AI company called X.AI Corp. that is incorporated in Nevada, according to a state filing. X.AI has authorized the sale of 100 million shares for the privately held company.
Musk, who bought Twitter in late 2022, also recently dissolved Twitter Inc. and merged it into X Corp, a holding company based in Nevada. Musk owns the x.com website and plans to make it an everything app, potentially bringing all his other companies under it in the future.
Musk has been critical of OpenAI and its success with chatGPT and other AI models, and it seems X.AI will be directly competing with OpenAI in the future. Musk has reportedly already bought 10,000 GPUs from Nvidia to build a big data center to train the models. Some are expecting that Musk will use Twitter text data and Tesla real-world video data to build his AI models, but nothing is confirmed yet.
The creation of X.AI Corp. is a significant development in the AI industry, as Musk has a track record of disrupting established industries with his innovative ideas and bold vision. X.AI Corp. has the potential to become a major player in the #AI space, with Musk’s deep pockets and expertise in technology and entrepreneurship.
Concerning
— Sam Altman (@sama) April 14, 2023
The incorporation of Twitter into X Corp. is also noteworthy, as it suggests that Musk is looking to consolidate his various companies under one umbrella. This move could help streamline operations and improve efficiency, while also giving Musk more control over his various ventures.
However, the news of X.AI Corp.’s creation has also raised concerns among some experts, who worry about the potential for Musk to wield too much power in the AI industry. Musk’s criticism of OpenAI and his plans to build his own AI models have led some to question his motives and the potential impact of his actions on the broader AI ecosystem.
Overall, the creation of X.AI Corp. is a significant development in the AI industry, and it will be interesting to see how Musk’s new venture evolves in the coming months and years. With Musk at the helm, X.AI Corp. has the potential to disrupt the AI industry and drive innovation in new and exciting ways.
Source: WSJ news exclusive report
Source Warning: There is no official confirmation from Musk or X.AI Corp. about the creation of the company. This is just a news report from WSJ.
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