Musk created AI company XdotAI, will compete with Microsoft’s OpenAI

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New Delhi. Twitter CEO Elon Musk has created a new company called XDotai to promote artificial intelligence in the era of ChatGPT. According to information given to the stock market, the company’s headquarters have been made in Nevada, Texas and Musk is its only listed director. Jared Birchell, director of Musk’s family office, has been named company secretary.

According to a Wall Street Journal report, XDotaI has authorized the sale of 100 million shares for the private company.

Musk wants to build an AI company that can compete with Microsoft-backed OpenAI, the maker of the successful AI chatbot called ChatGPT.

Ironically, it was Musk who initially invested $100 million in OpenAI, but later exited the company.

ChatGPT and GPT-4 have become popular around the world in recent months.

In March, several big entrepreneurs and AI researchers, including Musk and Apple co-founder Steve Wozniak, wrote an open letter calling on all labs to immediately stop training AI systems more powerful than GPT-4 for at least six months. was requested.

The open letter was written after reports that Musk tried to take control of OpenAI in early 2018, but Sam Altman and other OpenAI founders rejected Musk’s offer.

According to Semaphore, Musk exited the company in response and reneged on a large donation promise.

Twitter CEO reneges on $1 billion promise, but contributes $100 million before stepping down from the company.

OpenAI announced in March 2019 that it was forming a for-profit entity to raise enough money to pay its employees.

Less than six months later, Microsoft invested a billion dollars in OpenAI, and what happened after that was historic.

OpenAI’s final valuation was close to $20 billion, making it the world’s largest AI-backed company.

Musk has criticized OpenAI several times in recent times.(IANS)

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