Elon Musk founds new AI Company Called X.AI

Musk moves into the space.   

Elon Musk founds new AI company called X.AI

Story by Jay Peters and Emma Roth • Yesterday 6:32 PM

Elon Musk has created a new company dedicated to artificial intelligence — and it’s called X.AI, as first reported by The Wall Street Journal. The company, which a Nevada filing indicates was incorporated last month, currently has Musk as its director and Jared Birchall, the director of Musk’s family office, listed as its secretary. The filing, which The Verge has also obtained, indicates that Musk incorporated the business on March 9th, 2023.

Rumors about Musk starting up an AI company have been floating around for days, with a report from Business Insider revealing that Musk had purchased thousands of graphic processing units (GPUs) to power an upcoming generative AI product. The Financial Times similarly reported that Musk planned to create an AI firm to compete with the Microsoft-backed OpenAI. Musk even reportedly sought funding from SpaceX and Tesla investors to get the company started.

During an interview on Twitter Spaces, when Musk was asked about all the GPUs he purchased, the billionaire made no mention of his plans to build an AI company, stating “it seems like everyone and their dog is buying GPUs at this point.” The purported X.AI name matches the branding of the X Corp. name he has since assigned to Twitter, along with the “X” label he’s applied to his vision of an “everything app.”   ... '