Elon Musk, the billionaire entrepreneur, on Wednesday launched his long-teased artificial intelligence (AI) start-up xAI, unveiling a team comprised of engineers from the same big US technology firms that he hopes to challenge in his bid to build an alternative to ChatGPT.
The start-up is to be led by Musk, already chief executive of electric automaker Tesla, chief executive of rocket launch company SpaceX and owner of Twitter, who has said on several occasions that the development of AI should be paused and that the sector needs regulation.
Musk has repeatedly voiced concerns about AI’s potential for “civilizational destruction.”
Photo: Reuters
In a Twitter Spaces event on Wednesday evening, Musk explained his plan for building a safer AI. Rather than explicitly programming morality into its AI, xAI is seeking to create a “maximally curious” AI, he said.
“If it tried to understand the true nature of the universe, that’s actually the best thing that I can come up with from an AI safety standpoint,” Musk said. “I think it is going to be pro-humanity from the standpoint that humanity is just much more interesting than not-humanity.”
Musk also predicted that superintelligence, or AI that is smarter than humans, would arrive in five or six years.
Musk cofounded OpenAI, the company behind ChatGPT, in 2015, but stepped down from the company’s board in 2018. Microsoft Corp is an investor in OpenAI.
The Web site for xAI said it would hold a Twitter Spaces event today.
The team at xAI includes Igor Babuschkin, a former engineer at Google’s DeepMind; Tony Wu, who worked at Google; Christian Szegedy, who was also a research scientist at Google; and Greg Yang, who was previously at Microsoft.
Musk in March registered a firm named X.AI Corp, incorporated in Nevada, according to a state filing. The firm lists Musk as the sole director and Jared Birchall, the managing director of Musk’s family office, as a secretary.
Musk in April said that he would launch TruthGPT, or a maximum truth-seeking AI to rival Google’s Bard and Microsoft’s Bing AI that tries to understand the nature of the universe.
Generative AI caught the limelight with OpenAI’s launch of popular chatbot ChatGPT, which came in November last year, ahead of the launch of Bard and Bing AI.
Dan Hendrycks, who is to advise the xAI team, is currently director of the Center for AI Safety and his work revolves around the risks of AI.
Musk’s new company is separate from X Corp, but is to work closely with Twitter, Tesla and other companies, according to the Web site.
The start-up said it is recruiting experienced engineers and researchers in the San Francisco Bay Area.
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
‘SHORT TERM’: The local currency would likely remain strong in the near term, driven by anticipated US trade pressure, capital inflows and expectations of a US Fed rate cut The US dollar is expected to fall below NT$30 in the near term, as traders anticipate increased pressure from Washington for Taiwan to allow the New Taiwan dollar to appreciate, Cathay United Bank (國泰世華銀行) chief economist Lin Chi-chao (林啟超) said. Following a sharp drop in the greenback against the NT dollar on Friday, Lin told the Central News Agency that the local currency is likely to remain strong in the short term, driven in part by market psychology surrounding anticipated US policy pressure. On Friday, the US dollar fell NT$0.953, or 3.07 percent, closing at NT$31.064 — its lowest level since Jan.
The New Taiwan dollar and Taiwanese stocks surged on signs that trade tensions between the world’s top two economies might start easing and as US tech earnings boosted the outlook of the nation’s semiconductor exports. The NT dollar strengthened as much as 3.8 percent versus the US dollar to 30.815, the biggest intraday gain since January 2011, closing at NT$31.064. The benchmark TAIEX jumped 2.73 percent to outperform the region’s equity gauges. Outlook for global trade improved after China said it is assessing possible trade talks with the US, providing a boost for the nation’s currency and shares. As the NT dollar
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to