Elon Musk’s new start-up is “definitely in competition” with OpenAI, the billionaire said on Friday during a discussion on Twitter Spaces.
Mr Musk’s artificial intelligence company, xAI, is his latest salvo against OpenAI, currently the buzziest and best-funded player in the fast-growing industry.
During the discussion, Mr Musk and staffers of his new start-up spoke in lofty terms about the mission of xAI.
Though it does not yet have any products, the start-up unveiled a new website this week, and has the goal of safely developing artificial general intelligence, or AGI.
The plan is “to build a good AGI with the overarching purpose of just trying to understand the universe”, Mr Musk said.
Later, he added, “I guess you could reform the xAI mission statement as: ‘What the hell is really going on?’ That’s our goal.”
The concept of AGI, technology able to understand or learn tasks that humans can, has delighted and terrified scientists – even though it’s still only theoretical.
On Friday, Mr Musk’s new employees were bullish on the technology.
Greg Yang, a former Microsoft engineer, compared the current state of AI development with the invention of quantum physics and general relativity.
At times during the conversation, some of Mr Musk’s statements bordered on the outlandish. “Why is there not massive evidence of aliens?” he asked at one point.
Mr Musk has had a famously hot-and-cold relationship with AI. In 2015, he co-founded OpenAI, then a few years later left its board, and has criticised the company.
In March, the billionaire added his name to a call for a six-month pause on some AI development – then less than six month later, he officially launched xAI.
The 12 early staffers of xAI, including Mr Musk, are all men and all have a background in the industry. A majority previously worked at Alphabet's Google and DeepMind in some capacity.
One concern in the industry has been the relative concentration of AI research.
One xAI staffer – Kyle Kosic, formerly of OpenAI – said he was looking forward to more competition in the field.
“The reason I’m particularly excited about xAI is that I think the biggest danger of AI is monopolisation by a couple of entities,” Mr Kosic said.
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UAE currency: the story behind the money in your pockets
The BIO:
He became the first Emirati to climb Mount Everest in 2011, from the south section in Nepal
He ascended Mount Everest the next year from the more treacherous north Tibetan side
By 2015, he had completed the Explorers Grand Slam
Last year, he conquered K2, the world’s second-highest mountain located on the Pakistan-Chinese border
He carries dried camel meat, dried dates and a wheat mixture for the final summit push
His new goal is to climb 14 peaks that are more than 8,000 metres above sea level
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
UAE currency: the story behind the money in your pockets
yallacompare profile
Date of launch: 2014
Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer
Based: Media City, Dubai
Sector: Financial services
Size: 120 employees
Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)
SPECS
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
SPECS
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Rashid & Rajab
Director: Mohammed Saeed Harib
Stars: Shadi Alfons, Marwan Abdullah, Doaa Mostafa Ragab
Two stars out of five
UAE currency: the story behind the money in your pockets
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
