Elon Musk creates new AI company called X.AI

by Janice Allen
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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 founded last month, currently has Musk listed as a director and Jared Birchall, the director of Musk’s family office, listed as secretary. The submission that The edge also receivedindicates that Musk founded the company on March 9, 2023.

Rumors of Musk starting an AI company have been circulating for days, with a report Business Insider revealing that Musk had purchased thousands of graphics processing units (GPUs) to power an upcoming generative AI product. The Financial times reported right away that Musk was planning to create an AI company to compete with Microsoft-backed OpenAI. Musk reportedly even sought funding from SpaceX and Tesla investors to get the company off the ground.

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