- Elon Musk has created a new AI company called X.AI Corp. incorporated in Nevada.
- The business invokes the name of Mr. Musk's effort to create an everything app called X.
- X.AI has authorized the sale of 100 million shares for the privately held company.
- Mr. Musk has spent the past few months recruiting researchers with the goal of creating a rival effort to OpenAI.
- Late last month, Mr. Musk joined tech executives and AI researchers in calling for a moratorium on developments in advanced AI technology.
Elon Musk Creates New Artificial Intelligence Company X.AI
Name of new Nevada-incorporated organization suggests link to billionaire’s interest in everything app