Elon Musk Establishes AI-focused Company Competing with OpenAI Named ‘X.AI Corp’

10

Elon Musk Establishes AI-focused Company Competing with OpenAI Named ‘X.AI Corp’0

  • As per the filing, Musk is the sole director listed for the company.
  • Musk has recently brought on Igor Babuschkin, a researcher from Alphabet Inc.’s DeepMind.

Elon Musk, the CEO of Twitter, has allegedly submitted documentation to the state of Nevada to form a new artificial intelligence (AI) company named X.AI Corp. This represents the latest development in his widely speculated covert venture.

The filing indicates that Musk is the only director recorded for the company, while Jared Birchall, who oversees Musk’s family office, serves as the company secretary. The firm’s name is derived from Musk’s frequent, significant mentions in tweets and interviews regarding his unsuccessful attempt to create an “everything app” called X.

Race to Create More Sophisticated AI Models

The 51-year-old entrepreneur has recently rebranded his newly acquired Twitter as X Corp. The renamed X Corporation operates as a subsidiary of X Holdings Corp. Reports suggest that Elon Musk intends to launch a new company featuring a proprietary AI model akin to ChatGPT to rival OpenAI, Google, and Amazon.

To develop a competitor to the popular chatbot ChatGPT, which was released in November 2022, Musk has dedicated a significant portion of the past few months to recruiting skilled professionals.

The software entrepreneur has recently enlisted Igor Babuschkin, a scientist from Alphabet Inc.’s DeepMind, to lead the new initiative. Sources indicate that Musk has also attempted to attract talent from OpenAI for the new lab, though with limited success thus far.

An increasing number of leading technology companies are participating in an intense competition to develop more advanced artificial intelligence models in light of Musk’s forthcoming AI project. OpenAI’s latest AI model, GPT-4, is designed to better respond to user inquiries and even surpass many individuals on standardized tests such as the Bar exam and the LSAT, by emulating human reading and writing capabilities.