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Home Artificial Intelligence

Elon Musk reportedly intends to establish an AI company to compete with ChatGPT’s creator, OpenAI, a company he co-founded

Tech Gist Africa by Tech Gist Africa
04/20/2023
in Artificial Intelligence, Launch, World News
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According to reports, Elon Musk is planning to launch an artificial intelligence company to compete with OpenAI, the creator of ChatGPT. 

OpenAI, which was founded as a non-profit organization in 2015, includes Musk as one of its co-founders. In 2018, he stepped down from the company’s board of directors.

Musk apparently had disagreements with management, notably about the safety of AI, and quit the board after three years.

Shortly thereafter, Microsoft invested $1 billion in the company, and it transitioned to a for-profit venture.

This shift would place Musk in the company of other innovators in the field of generative AI, such as Microsoft, Google, Amazon, and even OpenAI. 

According to reports, Musk is already in discussions with current investors from SpaceX and Tesla to secure funding for the new firm and is in the process of building a team of AI researchers and engineers.

Thousands of graphics processing units (GPUs) from Nvidia, devices that power computing needed for intense activities like AI and high-end graphics, have reportedly been acquired by Musk. 

Musk has recently changed Twitter Inc. to X Corp. in official company filings. This action was taken as a step toward his ultimate goal of developing an “everything app” named “X.” 

The technology behind the viral chatbot phenomenon ChatGPT, called Generative AI, is being actively pursued by major giants like Microsoft and Google.

According to Musk, models like GPT-4, the most recent offering from OpenAI, have the potential to propagate misinformation.

Musk and more than 2,600 other tech executives and researchers did, however, sign an open letter on March 30 calling for a temporary halt to further AI development due to “profound risks to society and humanity.”

 

Read more on Tech Gist Africa:

OpenAI has announced the release of GPT-4, its most recent version of ChatGPT

Meta is experimenting with artificial intelligence tools on WhatsApp, Instagram, and Messenger

Here is all you need to know about ChatGTP, the AI chatbot that is changing the game

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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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