Elon Musk has started a new AI start-up to compete with ChatGPT, which he announced yesterday (Wednesday, July 12).

Of course, the billionaire has experimented in such technology previously, co-founding OpenAI – the firm behind ChatGPT – as a non-profit in 2015.

He resigned from the company’s board of directors three years later, citing a conflict of interest with his job at Tesla.

Musk now has a new artificial intelligence business called xAI, whose stated goals are to “understand reality.”

Musk revealed his ambitions for a safer AI model during a Twitter Spaces event last night, stating xAI intends to create a’maximally curious’ AI rather than building morals into it.

“If it tried to understand the true nature of the universe, that’s actually the best thing I can come up with from an AI safety standpoint,” he said.

According to Reuters, Musk established a company called X.AI Corp in March, citing a state registration.

Musk is listed as the sole director, and Jared Birchall, the managing director of Musk’s family office, is listed as a secretary.

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People will be able to fully’meet the team’ and ask questions during another Twitter Spaces chat session on Friday 14 July, according to the company’s website, which has the motto “Understand the Universe.”

“The goal of xAI is to understand the true nature of the universe,” it said, adding that “Elon Musk, CEO of Tesla and SpaceX, leads our team.”

“Previously, we have worked at DeepMind, OpenAI, Google Research, Microsoft Research, Tesla, and the University of Toronto.” We collectively contributed some of the most frequently used algorithms in the area, including the Adam optimizer, Batch Normalization, Layer Normalization, and adversarial example discovery. We also introduced Transformer-XL, Autoformalization, the Memorizing Transformer, Batch Size Scaling, and Transfer as new methodologies and analyses.

“We have worked on and led the development of some of the largest breakthroughs in the field, including AlphaStar, AlphaCode, Inception, Minerva, GPT-3.5, and GPT-4.”

Musk has previously cautioned about the perils of AI, calling it a “double-edged sword.”

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He said earlier this year at the Wall Street Journal’s (WSJ) CEO Council Summit in London, “If you have a genie who can grant you anything, that presents a danger.”

“So simply having more advanced weapons on the battlefield that can react faster than any human could is really what AI is capable of,” he continued.

“Any future wars between advanced countries, or at the very least countries with drone capability, will be very much drone wars.”

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