What is X AI stock price?
Elon Musk has launched a new artificial intelligence company called X.AI Corp, according to a recent Nevada filing. Mr. Musk is the only state director of the firm, which has been formed in the state. Jared Birchall, the director of Mr. Musk’s family office, serves as the company’s secretary. According to the filing, 100 million…
Elon Musk has launched a new artificial intelligence company called X.AI Corp, according to a recent Nevada filing.
Mr. Musk is the only state director of the firm, which has been formed in the state. Jared Birchall, the director of Mr. Musk’s family office, serves as the company’s secretary. According to the filing, 100 million shares may be sold by X.AI.
Musk assisted in founding OpenAI, one of the leading artificial intelligence businesses, but he reportedly left the organization in 2018 as a result of an alleged internal power struggle.
He has reportedly been hiring AI developers for several months in order to launch a new business that would compete with OpenAI.
In recent years, the artificial intelligence sector has intensified competition as Microsoft and other digital behemoths pour billions of dollars into the industry. In his portfolio, Musk holds stakes in a number of businesses, including Twitter, Tesla, SpaceX, Boring, Neuralink, and the recently founded X.AI Corp.
What is X AI stock price?
The current price of X AI stock is $24.15. The Financial Times reported that Musk wanted to find an AI firm to compete with Microsoft-backed OpenAI.
When asked about all the GPUs he had purchased, Musk declined to share his plans to create an AI company, responding instead that “it seems like everyone and their dog is buying GPUs at this point.”
