Facts

• Elon Musk announced Wednesday the launch of his new artificial intelligence (AI) company called xAI. The company, whose members include alumni of DeepMind, OpenAI, Google Research, Microsoft Research, Twitter, and Tesla, says its aim is to "understand the true nature of the universe."
• This comes after Musk said in May, "There should be a significant third horse in the race here," referencing the fact that the only two major players in the field are Microsoft and Google. He was also previously among several scientists and experts calling for a six-month pause on advanced AI development to provide time for the industry to implement safety measures.
• According to the company's website, people will be able to listen to the xAI team during a discussion with US Reps. Ro Khanna (D-Calif.) and Mike Gallagher (R-Wis.) on Twitter Spaces on Wednesday at 7 pm EDT.
• The website also states that xAI's engineers have worked on projects "including AlphaStar…GPT-3.5, and GPT-4," with director of the Center for AI Safety Dan Hendrycks slated to be a company advisor.
• Musk registered X.AI Corp. in Nevada in March, with himself as the director and Jared Birchall, the managing director of Musk’s family office, as a secretary. It was also reported in April that the billionaire had acquired thousands of high-powered GPU processors from Nvidia for the venture.
• This isn't Musk's first AI rodeo, having co-founded Open-AI in 2015 before leaving due to a conflict of interest with Tesla. He has also previously criticized OpenAI and floated the idea of creating something called "TruthGPT."