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Elon Musk's Newly Incorporated AI Company Has A Familiar Name

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Elon Musk has registered the company that will focus on building a rival to ChatGPT and its name may be familiar to those who have followed his career.
Elon Musk has registered the company that will focus on building a rival to OpenAI’s ChatGPT — and its name may be familiar to some. According to the Wall Street Journal, Musk filed the papers for a company named X.AI in Nevada in March 2023. This information fits with recent reports that the billionaire plans to create his own alternative to ChatGPT and explains his recent mass GPU purchases. While Musk himself hasn’t announced why he purchased thousands of GPUs, it is worth noting that these computer parts are required to both train and power LLM AIs.
Musk’s relationship with the company that created ChatGPT, OpenAI — and the AI industry in general — is complex. The tech entrepreneur was one of OpenAI’s early investors, pumping around $100 million into the company back when it was an AI research focused non-profit.

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