Other activities of Elon Musk

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Musk at a tech conference hosted at the Yellowstone Club in March 2024 Elon Musk - March 28, 2024.jpg
Musk at a tech conference hosted at the Yellowstone Club in March 2024

Businessman and Elon Musk has been involved in a number of foundations and companies alongside his business ventures. He is president of the Musk Foundation, co-founded the artificial intelligence (AI) research company OpenAI, and later launched another AI company called xAI.

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In August 2013, Musk assigned engineers from SpaceX and Tesla to design a mode of transport between Greater Los Angeles and the San Francisco Bay Area, at an estimated cost of $6 billion. He dubbed the concept Hyperloop, but the project was discontinued in 2022. In December 2015, Musk co-founded OpenAI, a not-for-profit artificial intelligence (AI) research company. He pledged $1 billion of funding to the company, and as of 2023, he has donated approximately $50 million. In 2018, Musk left the OpenAI board, and in July 2023, launched the artificial intelligence company xAI, which aims to develop a generative AI program that competes with existing offerings like ChatGPT. The company hired engineers from Google and OpenAI. and Musk obtained funding from investors in SpaceX and Tesla.

Hyperloop

A tube part of the 2017 Hyperloop pod competition, sponsored by SpaceX Hyperloop pod competition tube.jpg
A tube part of the 2017 Hyperloop pod competition, sponsored by SpaceX

In August 2013, Musk announced plans for a version of a vactrain and assigned a dozen engineers from SpaceX and Tesla to establish the conceptual foundations and create initial designs. [1] Later that year, Musk unveiled the concept, which he dubbed the Hyperloop. [2] The alpha design for the system was published in a white paper posted to the Tesla and SpaceX blogs. [3] The document scoped out the technology and outlined a notional route where such a transport system could be built between Greater Los Angeles and the San Francisco Bay Area, at an estimated cost of $6 billion. [4] The proposal, if technologically feasible at the costs cited, would make Hyperloop travel cheaper than any other mode of transport for such long distances. [5] Biographer Ashlee Vance noted that Musk hoped Hyperloop would "make the public and legislators rethink the high-speed train" proposal current in California at the time and consider more "creative" ideas. [6]

In 2015, Musk announced a design competition for students and others to build Hyperloop pods, to operate on a SpaceX-sponsored mile-long track, for a 2015–2017 Hyperloop pod competition. The track was used in January 2017, and Musk also announced that the company had started a tunnel project, with Hawthorne Municipal Airport as its destination. [7] In July 2017, Musk said that he had received "verbal government approval" to build a Hyperloop from New York City to Washington, D.C., with stops in Philadelphia and Baltimore. [8] Mention of the projected DC-to-Baltimore leg was removed from the Boring Company website in 2021. [9] The tunnel project to Hawthorne was discontinued in 2022 and is planned to be converted into parking spots for SpaceX workers. [10]

Mobility experts have criticized the Hyperloop concept for potential safety issues, planning complexity, low passenger capacity, and extremely high costs. [11] [12] Jose Gomez-Ibanez, a professor of urban planning and public policy at Harvard, said, "It gives me pause to think that otherwise intelligent people are buying into this kind of utopian vision." [13]

OpenAI and xAI

In December 2015, Musk co-founded OpenAI, a not-for-profit artificial intelligence (AI) research company aiming to develop artificial general intelligence intended to be safe and beneficial to humanity. [14] A particular focus of the company was to democratize artificial superintelligence systems against governments and corporations. [15] Musk pledged $1 billion of funding to OpenAI. [16] In 2023, Musk said he had given a total of $100 million to OpenAI. TechCrunch later reported that, according to its investigation of public records, "only $15 million" of OpenAI's funding could be definitively traced to Musk. Musk subsequently stated that he had donated about $50 million. [17]

In 2018, Musk left the OpenAI board to avoid possible future conflicts with his role as CEO of Tesla, as Tesla increasingly became involved in AI through Tesla Autopilot. [18] Since then, OpenAI has made significant advances in machine learning, producing neural networks such as ChatGPT (producing human-like text) [19] and DALL-E (generating digital images from natural language descriptions). [20]

On July 12, 2023, Elon Musk launched an artificial intelligence company called xAI, which aims to develop a generative AI program that competes with existing offerings like ChatGPT. The company hired engineers from Google and OpenAI. [21] Musk obtained funding from investors in SpaceX and Tesla. [22]

In February 2024 Musk sued OpenAI, its chief executive Sam Altman, and president Greg Brockman over the company violating its founding agreement by prioritizing profits over benefits to humanity. [23]

Company towns

After 2020, thousands of acres of land just outside Austin, Texas, were acquired by Musk and his companies with a total value of $2.5 billion. [24] [25] The project to build the company town named Snailbrook in Bastrop County, Texas began in 2021 according to reports by The Wall Street Journal. [26] Musk's then-girlfriend Grimes and Kanye West were involved in the planning. [26] The name "Snailbrook" alludes to the Boring Company's stated goal of building a machine that can bore tunnels faster than a snail can move. [26] In 2023 the town had a reported population of 12 people. [27] There are plans to establish a school and a university there. [24]

References

  1. "Hyperloop Update: Elon Musk Will Start Developing It Himself". Forbes. Archived from the original on September 29, 2017. Retrieved March 22, 2016.
  2. Kolawole, Emi (August 12, 2013). "Elon Musk Unveils 'Hyperloop' Plans". The Washington Post. Archived from the original on July 28, 2022. Retrieved July 24, 2022.
  3. Kirschen, Philippe; Burnell, Edward (April 6, 2021). "Hyperloop System Optimization". arXiv: 2104.03907 [cs.CE].
  4. Vance, Ashlee (August 12, 2013). "Revealed: Elon Musk Explains the Hyperloop, the Solar-Powered High-Speed Future of Inter-City Transportation". Bloomberg BusinessWeek. Archived from the original on January 27, 2015. Retrieved April 27, 2016.
  5. Ranger, Steve. "What is Hyperloop? Everything you need to know about the race for super-fast travel". ZDNet. Archived from the original on October 30, 2020. Retrieved September 19, 2020.
  6. Sorokanich, Bob (August 11, 2022). "Did Musk Propose Hyperloop to Stop California High-Speed Rail?". Jalopnik. Archived from the original on August 19, 2022. Retrieved May 20, 2023.
  7. Mazza, Sandy (January 29, 2017). "Hyperloop competition brings new mass-transit technology to life in Hawthorne". Daily Bulletin. Archived from the original on August 16, 2017. Retrieved December 13, 2020.
  8. "Elon Musk Says He Has 'Verbal' OK To Build N.Y.-D.C. Hyperloop". NPR. Archived from the original on August 31, 2020. Retrieved July 25, 2017.
  9. "Elon Musk's Boring Company removes D.C.-Baltimore tunnel from list of projects on website". The Washington Post. Archived from the original on August 23, 2021. Retrieved August 14, 2021.
  10. McBride, Sarah. "Musk's SpaceX Dismantles Hyperloop Prototype, Puts Up a Parking Lot". Bloomberg. Archived from the original on November 4, 2022. Retrieved November 5, 2022.
  11. Bejerano, Pablo G. (January 17, 2024). "The failure of the 'hyperloop', Elon Musk's dream of traveling at 1,000 km/h by train that is fading". El País English. Archived from the original on October 9, 2024. Retrieved October 9, 2024.
  12. McFarland, Matt (November 20, 2020). "Hyperloop wants to change the world. Not everyone's convinced | CNN Business". CNN. Archived from the original on November 13, 2024. Retrieved October 9, 2024.
  13. "The Unbelievable Reality of the Impossible Hyperloop". MIT Technology Review. Retrieved October 9, 2024.
  14. Markoff, John (December 11, 2015). "Artificial-Intelligence Research Center Is Founded by Silicon Valley Investors". The New York Times. Archived from the original on August 30, 2020. Retrieved December 15, 2015.
  15. Strauss, Neil (November 15, 2017). "Elon Musk: The Architect of Tomorrow". Rolling Stone. Archived from the original on August 17, 2020. Retrieved November 15, 2017.
  16. Vincent, James (March 24, 2023). "Elon Musk reportedly tried and failed to take over OpenAI in 2018". The Verge. Archived from the original on June 19, 2023. Retrieved June 19, 2023.
  17. "Why Elon Musk's $100 million donation claim to ChatGPT maker OpenAI may be wrong". The Times of India. May 18, 2023. Archived from the original on June 19, 2023. Retrieved June 19, 2023.
  18. Novet, Jordan (February 2, 2018). "Elon Musk, who has sounded the alarm on AI, leaves the organization he co-founded to make it safer". CNBC. Archived from the original on August 30, 2020. Retrieved September 3, 2020.
  19. Johnson, Steven; Iziev, Nikita (April 15, 2022). "A.I. Is Mastering Language. Should We Trust What It Says?". The New York Times. Archived from the original on November 24, 2022. Retrieved July 24, 2022.
  20. Metz, Cade (April 6, 2022). "Meet DALL-E, the A.I. That Draws Anything at Your Command". The New York Times. Archived from the original on July 20, 2022. Retrieved July 24, 2022.
  21. Zahn, Max. "Elon Musk launches his own AI company to compete with ChatGPT". ABC News. Archived from the original on July 15, 2023. Retrieved July 14, 2023.
  22. Henshall, Will (July 12, 2023). "What to Know About Elon Musk's New AI Company, xAI". Time. Archived from the original on September 6, 2023. Retrieved September 24, 2023.
  23. Vipers, Gareth; Schechner, Sam; Seetharaman, Deepa (March 1, 2024). "Elon Musk Sues OpenAI, Sam Altman, Saying They Abandoned Founding Mission". The Wall Street Journal. Retrieved January 22, 2025.
  24. 1 2 Stölzel, Thomas (April 27, 2024). "Wirtschaft von oben: Elon Musks Utopia – Mitarbeiter-Baracken wie im Flüchtlingslager". wiwo.de (in German). Archived from the original on June 11, 2024. Retrieved June 11, 2024.
  25. "Inside Snailbrook, the 'utopian town' Elon Musk is building for his employees in Texas". Firstpost. March 10, 2023. Archived from the original on June 11, 2024. Retrieved June 11, 2024.
  26. 1 2 3 Grind, Kirsten; Elliott, Rebecca; Mann, Ted; Bykowicz, Julie (March 13, 2023). "Elon Musk Is Planning a Texas Utopia—His Own Town". The Wall Street Journal. Archived from the original on June 11, 2024. Retrieved June 11, 2024.
  27. Rose, Steve (April 18, 2023). "Is Elon Musk creating a utopian city? The hellish, heavenly history of company towns". The Guardian. Retrieved June 11, 2024.