
Billionaire tech entrepreneur Elon Musk, who owns Twitter and acts as CEO of Tesla and SpaceX, announced on Wednesday the launch of his new artificial intelligence company xAI.
“Announcing formation of @xAI to understand reality,” Musk tweeted Wednesday afternoon.

According to xAI’s website, the goal of Musk’s new company “is to understand the true nature of the universe.” More details about the project will be revealed during a Twitter Spaces event on Friday, July 14th.
Announcing xAI
We announce the formation of xAI.

The goal of xAI is to understand the true nature of the universe.
We will share more information over the next couple of weeks and months.
Team
Our team is led by Elon Musk, CEO of Tesla and SpaceX. We have previously worked at DeepMind, OpenAI, Google Research, Microsoft Research, Tesla, and the University of Toronto. Collectively we contributed some of the most widely used methods in the field, in particular the Adam optimizer, Batch Normalization, Layer Normalization, and the discovery of adversarial examples. “We further introduced innovative techniques and analyses such as Transformer-XL, Autoformalization, the Memorizing Transformer, Batch Size Scaling, and μTransfer,” it continues. “We have worked on and led the development of some of the largest breakthroughs in the field including AlphaStar, AlphaCode, Inception, Minerva, GPT-3.5, and GPT-4.”
Advisory
Our team is advised by Dan Hendrycks who currently serves as the director of the Center for AI Safety( https://www.safe.ai/ ).
Dan Hendrycks on why evolution favors AIs over humans
Dan Hendrycks joins the podcast to discuss evolutionary dynamics in AI development and how we could develop AI safely.
Timestamps:
00:00 Corporate AI race
06:28 Evolutionary dynamics in AI
25:26 Why evolution applies to AI
50:58 Deceptive AI
1:06:04 Competition erodes safety
10:17:40 Evolutionary fitness: humans versus AI
1:26:32 Different paradigms of AI risk
1:42:57 Interpreting AI systems
1:58:03 Honest AI and uncertain AI
2:06:52 Empirical and conceptual work
2:12:16 Losing touch with reality
Relation to X Corp
CLICK HERE We are a separate company from X Corp, but will work closely with X (Twitter), Tesla, and other companies to make progress towards our mission. Goldman Sachs, a leading American multinational investment bank, is banking on AI to drive measurable growth in the economy. The company has set up a fund of $72.5 million exclusively to invest in the field of Artificial Intelligence algorithms and as well as analytics. Goldman Sachs recently estimated that artificial intelligence will have a major impact on the current workforce in both the United States and Europe, as the technology continues to advance. According to an estimate provided by Goldman Sachs, 300 million jobs could be either replaced or significantly diminished by the new technology as artificial intelligence begins to take the place of human workers.(https://www.key4biz.it/wp-content/uploads/2023/03/Global-Economics-Analyst_-The-Potentially-Large-Effects-of-Artificial-Intelligence-on-Economic-Growth-Briggs_Kodnani.pdf) “If generative AI delivers on its promised capabilities, the labor market could face significant disruption,” the recent report by Goldman Sachs said. “Using data on occupational tasks in both the US and Europe, we find that roughly two-thirds of current jobs are exposed to some degree of AI automation, and that generative AI could substitute up to one-fourth of current work.” Source: American Military News, Youtube, Wikipedia Also Read: