Now, Musk enters AI race, plans company to rival OpenAI
Business Standard|April 17, 2023
The firm, named X.Al, has Musk listed as director; billionaire seeks to hire engineers, attract investors, and buy chips needed to build large language model
Now, Musk enters AI race, plans company to rival OpenAI

Elon Musk is developing plans to launch a new artificial intelligence start-up to compete with ChatGPTmaker OpenAI, as the billionaire seeks to join Silicon Valley's race to build generative AI systems.

The Tesla and Twitter chief is assembling a team of artificial intelligence researchers and engineers, said people familiar with the tech entrepreneur's plans. Musk is also in discussions with a number of investors in SpaceX and Tesla about putting money into his new venture, said a person with direct knowledge of the talks. "A bunch of people are investing in it...it's real and they are excited about it," the person said.

This story is from the April 17, 2023 edition of Business Standard.

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This story is from the April 17, 2023 edition of Business Standard.

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