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Elon Musk reportedly plans AI start-up to rival ChatGPT-maker OpenAI

Jon Hartney by Jon Hartney
April 15, 2023
in Bitcoin, Blockchain, Business, Market
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Elon Musk reportedly plans AI start-up to rival ChatGPT-maker OpenAI
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While Musk left the board of OpenAI in 2018, the launch of the new AI start-up will place Musk among other tech giants such as Google and Microsoft to build the next-gen AI.

Tech entrepreneur Elon Musk is reportedly developing plans to create an artificial intelligence (AI) startup to compete with ChatGPT-maker OpenAI, one of the most popular generative AI companies he co-founded in 2015. 

The revelation came after information surfaced that Musk is assembling a team of AI researchers and engineers, according to Financial Times. While Musk left the board of OpenAI in 2018, the launch of the new AI start-up will place Musk among other tech giants such as Google and Microsoft to build the next-gen AI.

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The report suggests that Musk is in talks with existing SpaceX and Tesla investors regarding investments in the upcoming AI venture. “A bunch of people are investing in it . . . it’s real and they are excited about it,” added FT’s source.

In the months ahead, we will use AI to detect & highlight manipulation of public opinion on this platform.

Let’s see what the psy ops cat drags in …

— Elon Musk (@elonmusk) March 18, 2023

The alleged findings complement a recent report from April 12, wherein an anonymous source revealed that Musk procured nearly 10,000 graphics processing units to power Twitter’s AI initiatives.

We're calling on AI labs to temporarily pause training powerful models!

Join FLI's call alongside Yoshua Bengio, @stevewoz, @harari_yuval, @elonmusk, @GaryMarcus & over a 1000 others who've signed: https://t.co/3rJBjDXapc

A short on why we're calling for this – (1/8)

— Future of Life Institute (@FLIxrisk) March 29, 2023

On March 9, Musk incorporated a company named X (X.AI), listing himself as the company’s sole director. In addition, Musk also changed the name of Twitter to X Corp in company filings, as part of his plans to create an “everything app” under the “X” brand.

X

— Elon Musk (@elonmusk) April 11, 2023

On the contrary, Musk, along with more than 2,600 tech leaders and researchers had signed an open letter urging a temporary pause on further AI development on March 30, fearing “profound risks to society and humanity.”

Related: Google ChatGPT rival AI faces in-house resistance: Report

Yet another tech giant joining the AI race is Amazon Web Services (AWS).

Build & scale your #GenerativeAI apps with Amazon Bedrock. ☁️

Learn how access to leading foundation models makes it easy to build apps quickly while keeping your data private & safe.

https://t.co/mjYtDgC6No #AWS #machinelearning pic.twitter.com/9xYGfTJILs

— Amazon Web Services (@awscloud) April 13, 2023

The initiative named Amazon Bedrock will allow AWS users to build out generative AI from foundation models (FMs).

Magazine: Best and worst countries for crypto taxes — plus crypto tax tips

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