Bedrock

<p>Tesla and SpaceX owner Elon Musk is reportedly preparing to launch his own AI start-up to compete with OpenAI and its popular ChatGPT, according to the <a href="https://www.ft.com/content/2a96995b-c799-4281-8b60-b235e84aefe4" rel="nofollow noopener" target="_blank">Financial Times</a>. Interestingly, Musk has previously been affiliated with the research firm behind the viral chatbot and has expressed concerns about the technology.</p>



<h2 id="a-new-contender-enters-the-ai-arena">A new contender enters the AI arena</h2>



<p>The success of OpenAI&#8217;s ChatGPT has fueled an intense AI arms race within the tech world. With generative AI dominating the industry in 2023, Amazon&#8217;s AI competitor Bedrock has also entered the fray. Now, another industry heavyweight is poised to join the competition.</p>



<p>Elon Musk is planning to introduce his own AI start-up to rival OpenAI&#8217;s ChatGPT, as reported by The Financial Times. Amid the skyrocketing popularity of generative AI technology, the billionaire is set to make his mark in the sector.</p>



<h2 id="musk-8217-s-startup-strategy-engineers-investors-and-chips">Musk&#8217;s startup strategy: engineers, investors, and chips</h2>



<p>The report reveals that Musk is working to &#8220;hire engineers, attract investors, and acquire chips needed to build large language models.&#8221; Furthermore, Musk is said to be in discussions with SpaceX and Tesla investors concerning the new venture. &#8220;A bunch of people are investing in it… It&#8217;s real, and they are excited about it,&#8221; said a person with knowledge of the matter.</p>



<p>Musk has also reportedly acquired &#8220;thousands of high-powered GPU processors from Nvidia,&#8221; which are essential for constructing the large language models at the core of generative AI technology.</p>



<p>However, Musk&#8217;s swift action to launch his start-up has raised eyebrows, given his involvement in various efforts to slow AI development. However, the Tesla founder&#8217;s concerns about OpenAI and its technology have been widely publicized, making his entry into the AI market a perplexing move.</p>



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Elon Musk plans to launch OpenAI ChatGPT rival: Report

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