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Elon Musk announces a new AI company

  • The goal of xAI is to understand the true nature of the universe,” the website states, echoing language Musk has used before to describe his AI ambitions.
  • In an interview with then-Fox News host Tucker Carlson in April, Musk said teased plans for his new AI venture. “We’re going to start something which I call TruthGPT,” he said, describing it as a “maximum truth-seeking AI” that “cares about understanding the universe.”

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The global AI market is currently worth $136.6 billion

(GrandViewResearch)

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AI can increase business productivity by 40% (Accenture)

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