Microsoft’s OpenAI and Tesla’s Elon Musk are teaming up to create a company called X.

Key Highlights :

1. Twitter CEO Elon Musk has created a new company called X.AI which will promote artificial intelligence (AI) in the ChatGPT era.

2. X.AI has authorised the sale of 100 million shares for the privately held company, reports Wall Street Journal.

3. Musk aims to create an AI firm to take on Microsoft-backed OpenAI, the creator of the successful AI chatbot called ChatGPT.

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

5. In recent months, ChatGPT and GPT-4 have become a rage worldwide.

6. In March, 2019, OpenAI announced it was creating a for-profit entity so that it could raise enough money to pay for the computing power.

7. Musk has lately criticised OpenAI several times.

     Twitter CEO Elon Musk has created a new company called X.AI which will promote artificial intelligence (AI) in the ChatGPT era. Incorporated in Nevada, Texas, the company has Musk as the only listed director, and Jared Birchall, director of Musk’s family office, as secretary, according to a filing.

     X.AI has authorised the sale of $10 million in shares of the company, which is expected to be completed in the next 30 days. The company has also registered a trademark for the name “X.AI”.

     Musk has been a vocal advocate of AI and its potential benefits, and has been critical of some of the ways that the technology has been implemented. He has also been outspoken about the need for regulations around AI, and has said that he is not afraid of artificial intelligence becoming uncontrollable.

     X.AI will focus on promoting AI in the ChatGPT era, which is expected to start in 2020. The company believes that AI will be a key part of the future of communication, and will be able to help people interact more effectively with each other.

     X.AI is not the first company to focus on promoting AI in the ChatGPT era. Google has been working on similar projects for some time, and Facebook has also been investing in the technology.

     X.AI is not the only company that Musk has created recently. He also created Tesla, SpaceX, and SolarCity, among other companies.

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