DIRS.INFO The most relevant business & tech news

☆ Elon Musk's xAI is luring more investors through special purpose vehicles charging high fees
▼ + stars: | 2024-04-10 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Elon Musk is raising funds for xAI at a $15 billion pre-money valuation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's new AI startup is luring more investors through special purpose vehicles that charge hefty fees, according to an email sent this week. Related storiesThe email lays out the terms if investors want to take part in the xAI financing round through special purpose vehicles. AdvertisementFor prospective xAI investors, these commitments come at a cost.

Persons: Elon Musk, —, Elon, Musk, Kali Hays Organizations: xAI, Twitter, Service, Business Locations: khays@businessinsider.com

☆ Elon Musk says AI will be smarter than humans in 2 years
▼ + stars: | 2024-04-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

In March, Musk wrote on X that AI will be smarter than "all humans combined" by 2029. (Coincidentally, Musk says OpenAI has poached some of Tesla's AI engineers.) Related stories"We're seeing a lot of the best talents going into AI," Musk says in the interview. Last year's constraint, Musk says, was the dwindling supply of chips needed to power AI training efforts. AdvertisementMusk expects to encounter these challenges in making Grok, an AI chatbot backed by his startup xAI, smarter than its rivals.

Persons: —, Elon Musk, Musk, Nicolai Tangen, OpenAI, Grok, OpenAI's ChatGPT, it's, Daphne Koller, MacArthur, " Koller Organizations: Service, Norges Bank, Business, Google, Microsoft, Wall Street, Reddit, Stanford

☆ It's hard to compete with Elon Musk when recruiting AI talent, CEO says
▼ + stars: | 2024-03-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Perplexity CEO Aravind Srinivas said Elon Musk's xAI is stiff competition in the recruiting space. The AI CEO said Musk's company offers the highest compensation at the moment. Aravind Srinivas, the CEO of the AI company Perplexity, said it can be difficult to compete with the Tesla CEO when recruiting. Musk launched his own AI startup, xAI, last year and Srinivas said it has since become one of the highest-paying companies for AI talent — on par with OpenAI. In January, Financial Times reported that Musk's AI venture was in talks to raise $6 billion at around a $20 billion valuation.

Persons: Aravind Srinivas, Elon Musk's, It's, —, Elon Musk, Tesla, Musk, Srinivas, OpenAI, Alex Heath, Perplexity, Heath, OpenAI's ChatGPT, xAI's, Patrick Collison, Collison, Srnivas, he'd, Mark, Fortune, X Organizations: Service, OpenAI, Street Journal, Financial Times, xAI, TechCrunch, Twitter, SpaceX, Musk .

☆ Elon Musk is going to war with Google
▼ + stars: | 2024-02-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Elon Musk has been heavily criticising Google over the past week. Since the launch of Google's Gemini image generator, he's shared and replied to more than 100 posts about the company. Sharing a screenshot of one of Krawczyk's posts, Musk wrote : "This nut is a big part of why Google's AI is so racist & sexist." To give Musk some credit, Google's AI also appeared to be hard on him personally. After taking a similar issue with OpenAI's ChatGPT, Musk founded his own AI company and released Grok, a competing chatbot.

Persons: Elon Musk, —, Elon, he's, Demis Hassabis, Musk, Jack Krawczyk, Gemini, Joseph Stalin, Adolf Hitler, Grok, OpenAI's, ChatGPT's Organizations: Google, Service, Big Tech, Gmail, Republicans, Krawczyk, BI, V1.5

☆ Elon Musk's startup is reportedly building up a war chest to take on OpenAI
▼ + stars: | 2024-01-26 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk's artificial intelligence startup xAI is reportedly looking to lock down billions more in funding as it continues to take aim at OpenAI. The company wants to raise as much as $6 billion at a proposed valuation of $20 billion, the Financial Times reported on Friday. While the billionaire is aiming to compete with OpenAI, his company will have some catching up to do. AdvertisementNews of xAI's reported efforts to raise a war chest could also be a sign that Musk is doubling down on building AI products outside of Tesla.

Persons: —, xAI, Morgan Stanley, Musk, Sam Altman, OpenAI, xAI's Organizations: Service, Business, Financial Times, Bloomberg, SpaceX Locations: Hong Kong

☆ Elon Musk invested in Deep Mind after its founder told him that AI could destroy human colonies on Mars: NYT
▼ + stars: | 2023-12-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk once told DeepMind's Demis Hassabis about his plans to colonize Mars, per NYT. But Musk was left dumbfounded after Hassabis said that AI might destroy his colonies on Mars. Hassabis told Musk that the plan would work if artificial intelligence didn't make the trip to Mars. According to Hassabis, AI being in the mix would lead to the human colony's destruction, too. In March, Musk told a Tesla shareholder during the company's investor day that he was "a little worried about AI stuff."

Persons: Elon Musk, DeepMind's, Musk, Hassabis, —, Demis Hassabis, he'd, Peter Thiel —, OpenAI's, DeepMind Organizations: Service, Elon, The New York Times, The Times, SpaceX, Google, Musk, Business Insider Locations: Mars, DeepMind

☆ Elon Musk told OpenAI to move faster right before he left the company in 2018: NYT
▼ + stars: | 2023-12-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Elon Musk said OpenAI needed to be quicker with its work before departing from the company, per NYT. Musk left OpenAI in 2018, citing a conflict of interest with his work at Tesla. AdvertisementElon Musk had some choice parting words for OpenAI's staff before he left the company in 2018. The billionaire cofounded the AI company in 2015 but left in 2018, citing a conflict of interest with his work at Tesla. The researcher told Musk that Musk's suggestion was impulsive and overhasty, per The Times.

Persons: Elon Musk, Musk, —, pushback, he's, Steve Wozniak, Evan Sharp, Grok, OpenAI Organizations: Tesla, Service, The New York Times, The Times, Times, Fox News, Musk, Business Insider

☆ Sam Altman just roasted Elon Musk's new 'Grok' AI chatbot, calling it 'cringey boomer humor'
▼ + stars: | 2023-11-10 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman just posted a sick burn on Elon Musk's new AI. "Grok" is xAI's new ChatGPT rival, which puts "humor" into its text output. AdvertisementAdvertisementThe frenemyship between OpenAI CEO Sam Altman and Elon Musk just got a little spicier. GPTs can save a lot of effort: pic.twitter.com/VFIrGzPuMN — Sam Altman (@sama) November 10, 2023Ouch. According to Walter Isaacson's biography of Musk, Musk was upset when OpenAI, under Altman, transitioned away from a pure non-profit and partnered with Microsoft.

Persons: Sam Altman, Altman, Musk, —, Elon Musk, cringey, — Sam Altman, Peter Thiel, Walter Isaacson's, OpenAI's Organizations: Service, Twitter, Microsoft Locations: Elon

☆ Elon Musk debuts 'Grok' AI bot to rival ChatGPT, others
▼ + stars: | 2023-11-05 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Meet Grok, the first technology out of Elon Musk's new AI company, xAI. Leading up to the release, Musk posted on X, formerly Twitter, an example of Grok responding to a request for a step-by-step cocaine recipe. Musk, on Sunday, posted a side-by-side comparison of Grok answering a question versus another AI bot, which he said had less current information. Eventually, Musk said on X, Grok will be a feature of X Premium+, which costs $16 per month.

Persons: Elon Musk, Grok, Elon, Musk, I'm, xAI, Robert A . Heinlein, Critics, Webster Organizations: Twitter, Space Locations: Merriam

☆ Musk's xAI set to launch first AI model to select group
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

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 Acquire Licensing RightsNov 3 (Reuters) - Elon Musk's artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla (TSLA.O) CEO said on Friday. 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. Larry Ellison, co-founder of Oracle (ORCL.N) 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.

Persons: Tesla, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, OpenAI's ChatGPT, Google's, Bard, Microsoft's, Bing, Google's DeepMind, XAI, Larry Ellison, Musk, xAI, Akash Sriram, Shinjini Organizations: British, REUTERS Acquire, Elon, Twitter, Oracle, Thomson Locations: London, Britain, Bengaluru

☆ Elon Musk says his new startup xAI will debut its artificial intelligence Saturday
▼ + stars: | 2023-11-03 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Elon Musk said Friday that his AI company, xAI, will debut its technology on Saturday. "Tomorrow, xAI will release its first AI to a select group," Musk posted on X, formerly known as Twitter. In August, xAI seemed to be hiring, according to posts on social media by multiple members of the company. Musk incorporated xAI in Nevada in March, according to filings.

Persons: Elon Musk, xAI, Musk, Bard, Claude, Tesla, DeepMind's AlphaCode, OpenAI's, Greg Yang, Toby Pohlen, Dan Hendrycks Organizations: Google, Nvidia, Team, DeepMind, Google Research, Microsoft Research, Twitter, CNBC, Fox News Channel, xAI, X, X Corp, Center, AI Safety Locations: Nevada, San Francisco

☆ Elon Musk says people can trust his new AI company more than OpenAI and Google
▼ + stars: | 2023-07-17 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk says his new AI company will rigorously pursue the truth. In a Twitter Spaces, the billionaire called it dangerous to train AI to be politically correct. He said his own company, xAI, would allow AI models to be truthful. Elon Musk wants you to know you can trust his new AI company. The Tesla CEO launched his much-anticipated AI play last week, a company called xAI, which seeks to "understand the true nature of the universe."

Persons: Elon Musk, Musk Organizations: Google

[1/2] Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoJuly 14 (Reuters) - Elon Musk on Friday said the purpose of his new artificial intelligence company, xAI, will be to "understand the universe." During the Spaces session, which had a delayed start as Twitter needed to "tweak the algorithm" to promote the chat to more users, Musk said xAI would work closely with his other companies, Twitter and Tesla (TSLA.O). The company will use public tweets to train its AI models and may also work with Tesla on AI software. He also accused all AI companies of training their models using Twitter data in what he characterized as an illegal manner.

Persons: Dado Ruvic, Elon Musk, Musk, xAI, AGI, Tesla, Sheila Dang, Krystal Hu, Jonathan Oatis, Josie Kao, Diane Craft Organizations: Elon, Twitter, REUTERS, Google, Microsoft, White, Thomson Locations: xAI, China, Dallas, New York

☆ Elon Musk launches new company xAI, which proclaims a lofty mission to 'understand the true nature of the universe'
▼ + stars: | 2023-07-12 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Elon Musk officially unveiled his new company xAI on Wednesday. Musk publicly introduced a new company called xAI, whose stated aim is to glean "the true nature of the universe." And an apparently all-male, 12-person team including Musk has been detailed to the heady task, according to its website, which doesn't list any female employees. Hendrycks has published about the potential dangers of AI, including the technology's ability to spread disinformation. With the launch of xAI, Musk now owns or is in charge of half a dozen companies, including Tesla, SpaceX, Neuralink, The Boring Company, and Twitter.

Persons: Elon Musk, Musk, xAI's, Tesla, Musk helms, Dan Hendrycks, Hendrycks, Musk's Tesla, Insider's Kali Hays, — Manuel Kroiss, Igor Babuschkin, Babuschkin, Brian Philip Organizations: Morning, X.AI, Tesla, Twitter, X Corp, Microsoft, AI Safety, SpaceX, Center, AI, Palo Alto Police Department, The Boring Company Locations: Nevada, Hendrycks, Palo Alto

☆ Elon Musk launches his new company, xAI
▼ + stars: | 2023-07-12 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Elon Musk, the CEO of Tesla and SpaceX, and owner of Twitter, on Wednesday announced the debut of a new AI company, xAI, with the goal to "understand the true nature of the universe." According to the company's website, Musk and his team will share more information in a live Twitter Spaces chat on Friday. Team members behind xAI are alumni of DeepMind, OpenAI, Google Research, Microsoft Research, Twitter and Tesla, and have worked on projects including DeepMind's AlphaCode and OpenAI's GPT-3.5 and GPT-4 chatbots. Musk seems to be positioning xAI to compete with companies like OpenAI, Google and Anthropic, which are behind leading chatbots like ChatGPT, Bard and Claude. Musk reportedly incorporated xAI in Nevada in March.

Persons: Elon Musk, Musk, DeepMind's AlphaCode, OpenAI's, Bard, Claude, Dan Hendrycks, Greg Yang, Tesla Organizations: SpaceX, Twitter, Wednesday, Team, DeepMind, Google Research, Microsoft Research, Google, The Financial Times, Nvidia, Fox News Channel, Center, AI Safety, xAI, X Corp Locations: San Francisco, Nevada

Search resuls for: "xAI's"

15 mentions found