Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported citing people familiar with his plans. | Reuters
Twitter-owner Musk is assembling a team of AI researchers and engineers, according to the FT report, and is also in discussions with some investors in SpaceX and Tesla Inc about putting money into his new venture.Musk’s plan for the firm comes weeks after a group of AI researchers and executives, including himself, called for a six-month pause in developing systems more powerful than OpenAI’s GPT-4, citing potential risks to society.
However, ChatGPT is facing pushback as regulators call for well-defined rules ahead of its mass adoption. Italy has banned ChatGPT over privacy issues, while a European privacy watchdog created a task force in a first step towards a common policy for AI. Musk last month registered a firm named X.AI Corp, incorporated in Nevada, according to a state filing. The firm lists Musk as the sole director and Jared Birchall, the managing director of Musk’s family office, as a secretary.
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