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Hi, everybody. And welcome back to the Elon
Musk podcast. I'm your host, well, Walden.
And on this episode, we're going to be talking about Elon Musk
and a I now, Elon Musk who is the Innovative entrepreneur
behind Tesla and SpaceX has once again, set his sights on the
future of artificial intelligence, the creation of a
new company called x.a. I-corp according to a Nevada
state filing made last month and reported by The Wall Street
Journal musk is the only director listed for the company
with Jared, Burchell the director of musk's family office
serving as its secretary. And the filing reveals that xwi
is authorized the sale of 100 million shares for the privately
held company. Interestingly, this announcement
comes on the heels of musk's warning last month that the
out-of-control AI development could pose profound risks to
society and humanity. And the birth of a new AI
Challenger is what this is. Despite his concerns about the
unchecked growth of AI musk is reportedly started assembling a
team of researchers and Engineers to work on the x.a.
I project according to the financial times.
He's also holding discussions with Tesla and SpaceX investors
about potentially funding this project.
Now musk's involvement in the AI field is not entirely new.
In fact he helped establish open a.i. in 2015 and served as
co-chair. Along syme said Sam Altman, the
organization's current CEO and initially opening eyes mission
was to Advanced Digital intelligence in a way that would
most benefit Humanity as a whole.
Now without the constraint of Reading Financial returns, this
could be a game changer. But however, musk left open apis
board in 2018 and has since criticized the organization
which formed a for-profit arm and 2019.
Now musk's xdi Corp is expected to rival.
Chat GPT maker open a.i. with a financial times.
Citing sources familiar with musk's plan.
The billionaire entrepreneur is currently assembling a team of
AI researchers and engineers. And he is in talks with some
investors at SpaceX and Tesla for this.
And the development comes only weeks after a group of AI,
researchers and executive, including musk himself called
for a six-month halt, in the development of systems, more
powerful than open, a eyes GPT for and they cite potential
risks to Society for that. Major companies like Microsoft,
and alphabet have been eager to integrate generative AI the G
behind the chat by sensation chat gbt into their offerings.
However, as chant GPT faces regulatory, push back.
It is clear. The well-defined rules must be
established before Mass adoption can occur.
Italy has already banned chat GPT over privacy concerns while
the European privacy Watchdog has created a task force to work
towards a common policy for AI and the financial times also
reports that musk has secured thousands of Graphics processing
units or gpus from Nvidia of these systems power, the
Computing required for intense tasks, like Ai and high-end
Graphics. Shares of the chip company.
Which declined to comment on the matter, rose on the news on
Friday. Rameen unclear.
If x dot AI Corp is directly related to musk's reported.
A I start up efforts must did not respond to a request at this
time on this matter. As a co-founder of open a.i.
musk has a history in the AI space but his departure from the
company's board. In 2018 May signify his desire
to pursue a different direction in the field.
The creation of xwi corporate could Mark the beginning of a
new era in AI development in competition and with musk's
entrepreneurial vision and this will lied the drive for the
change. Now, in addition to his AI
focused Pursuits musk recently changed the official name of
Twitter, 2x Corp, and the billionaire entrepreneur
described. This move is part of his effort
to create an everything app and it remains to be seen how musk
say I am Bishop. Is Will intersect with his
vision for the future of social media and technology.
And as X data AI chord moves forward industry experts and
enthusiasts alike will be keeping a close eye on the
company's developments and the potential impact on the AI
landscape. Now with musk's track record of
disrupting Industries like v's and space, exploration is likely
that is last Venture will play a significant role in shaping the
future of AI. Musk say I Corp will need to
navigate the complex regulatory environment surrounding AI
Technologies as well as governments and Regulatory
bodies around the world grapple with rapid advancements that II.
It's a crucial time for XA dot a i-corp to strike a balance
between Innovation and adhering to ethical guidelines and
privacy concerns collaboration with establishing, I players
including open a.i. It also proved beneficial for
the company by working together. Together these organizations can
pull the resources and knowledge to address the challenges and
opportunities presented by EI Technologies.
This collaboration could lead to breakthroughs the not only
benefit individual companies but also the broader AI community
and society as a whole. Now the potential applications
of AI are vast and ever expanding and musk's x.a.
I Corp is well positioned to contribute to this growth.
Some possible areas of focus for the company can include
Vehicles, Advanced Robotics and smart cities, amongst others.
And with musk's background in electric vehicles with Tesla and
space exploration with SpaceX, it's reasonable to assume that X
data a court. Could apply, it's a expertise to
these areas as well. Furthermore, the integration of
AI into everyday life can lead to numerous advancements from
personalized, Health Care to more efficient energy management
by harnessing the power of AI X data, AI Corp, Has the potential
to revolutionize various Industries, improving the
quality of life for people around the world.
Now despite the vast potential of AI X. .I Corp will faced
numerous challenges as it seeks to make a significant impact on
the industry as AI Technologies continue to evolve.
The company will need to overcome hurdles related to
privacy, security, and ethical considerations.
In addition ex-dad AI Corp will face stiff competition from
established a i Players like open a.i., Microsoft and
alphabet. These companies have already
made considerable progress in the field and possess vast
resources. That could pose a challenge for
musk's latest venture to succeed, x.a, i-corp, will need
to differentiate itself from its competitors and demonstrate its
unique value proposition in the AI space.
Now, the establishment of x.a, i-corp marks another ambitious
Endeavor for Elon Musk, whose previous Ventures, Nevada,
Nificant impact on all of humanity.
As the company moves forward, it's poised to play a critical
role in shaping the future of AI with musk's Innovation and his
spirit and drive ecstatically. I Corp has the potential to
revolutionize the AI landscape and create lasting positive
change for society. However, the road ahead will not
be without challenges and the company's success will
ultimately depend on its ability to navigate the complex and
rapidly evolving world of artificial intelligence. rapidly
evolving world of artificial intelligence.