Stocks

Musk’s xAI set to launch first AI model to select group

1 Mins read

© Reuters. Tesla and SpaceX’s CEO Elon Musk pauses during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain, Thursday, Nov. 2, 2023. Kirsty Wigglesworth/Pool via REUTERS

(Reuters) – Elon Musk’s artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla (NASDAQ:) CEO said on Friday.

This comes nearly a year after OpenAI’s ChatGPT caught the imagination of businesses and users around the world, spurring a surge in adoption of generative AI technology.

Musk co-founded OpenAI, the company behind ChatGPT, in 2015, but stepped down from the company’s board in 2018.

“In some important respects, it (xAI’s new model) is the best that currently exists,” he said on Friday.

The billionaire who has been critical of Big Tech’s AI efforts and censorship said earlier this year that he would launch a maximum truth-seeking AI that tries to understand the nature of the universe to rival Google (NASDAQ:)’s Bard and Microsoft (NASDAQ:)’s Bing AI.

The team behind xAI, which launched in July this year, comes from Google’s DeepMind, the Windows parent, and other top AI research firms.

Though Musk-owned X, the social media firm formerly known as Twitter, and xAI are separate, the companies work closely together. XAI also works with Tesla and other companies.

Larry Ellison, co-founder of Oracle (NYSE:) and a self-described close friend of Musk, said in September that xAI had signed a contract to train its AI model on Oracle’s cloud.

Read the full article here

Related posts
Stocks

NVIDIA launches 800Gb/s networking platforms for AI By Investing.com

2 Mins read
SAN JOSE, Calif. – NVIDIA (NASDAQ:) has unveiled its latest networking platforms, the Quantum-X800 InfiniBand and Spectrum-X800 Ethernet, which are the first…
Stocks

Upexi CEO buys $44.7k in company stock By Investing.com

2 Mins read
In a recent move, Allan Marshall, the Chief Executive Officer of UPEXI, Inc. (NASDAQ:UPXI), a company specializing in medicinal chemicals and botanical…
Stocks

Apple dominates buybacks as S&P 500 share repurchases jump by nearly fifth in Q4 By Investing.com

2 Mins read
Investing.com — Stock buybacks among companies climbed by nearly a fifth in the fourth quarter from the prior quarter, with Apple leading…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *