Elon Musk founded new AI company called X.AI

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 incorporated last month, currently lists Musk as a director and Jared Birchall, the director of Musk̵[ads1]7;s family office, as secretary. The submission, which The Verge has also obtained, indicates that Musk incorporated the business on March 9, 2023.

Rumors that Musk is starting an AI company have been circulating for several days, with a report from Business Insider reveals that Musk had purchased thousands of graphics processing units (GPUs) to power an upcoming generative AI product. The Financial Times similarly reported that Musk planned to create an AI firm to compete with the Microsoft-backed OpenAI. Musk is said to have even sought funding from SpaceX and Tesla investors to get the company off the ground.

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