Elon Musk launches his new company, xAI
Publishing timestamp: 2023-07-12 17:02:56
Summary
Elon Musk has announced the debut of a new artificial intelligence company called xAI. The goal of the company is to understand the true nature of the universe. Musk and his team will share more information in a live Twitter Spaces chat. The team members behind xAI have backgrounds in companies like DeepMind, OpenAI, Google Research, Microsoft Research, Twitter, and Tesla. Musk seems to be positioning xAI to compete with companies like OpenAI and Google. The article also mentions Musk's plans for a new AI tool called "TruthGPT" and the pushback received by a letter from tech leaders regarding the risks of AI. xAI will focus on the mathematics of deep learning and develop a theory of everything for large neural networks. Musk incorporated xAI in Nevada and the company will work closely with Twitter, Tesla, and other companies.
Sentiment: NEUTRAL
Tickers: NVDA, TSLA, GOOGL, MSFT,
Keywords: artificial intelligence, alphabet inc, nvidia corp, breaking news: technology, spacex, microsoft corp, tesla inc, generative ai, elon musk, business news,
Source: https://www.cnbc.com/2023/07/12/elon-musk-launches-his-new-company-xai.html