Skip to content

Elon Musk reportedly building team to develop ChatGPT alternative

Elon Musk reportedly building team to develop ChatGPT alternative
Ana Zirojevic

Amid concerns about the neutrality of OpenAI’s text-based artificial intelligence (AI) platform ChatGPT, Tesla (NASDAQ: TSLA) CEO Elon Musk seems to be busy working on creating an alternative to the high-profile chatbot as he has reportedly approached AI researchers in recent weeks.

Indeed, Musk has allegedly been recruiting Igor Babuschkin, a researcher who has recently left Alphabet’s (NASDAQ: GOOGL) DeepMind AI unit and specialized in the machine-learning models used by the likes of ChatGPT, according to a report by The Information published on February 27.

Specifically, the report referred to the media outlet’s communication with two unnamed people that are said to have direct knowledge of the team-assembling efforts, as well as a third person who was briefed on the conversations between Elon and Babuschkin.

Musk’s criticism of ChatGPT

As the report recalls, Musk has been critical of OpenAI, which he co-founded in 2015 but has since cut ties with, for installing safeguards that prevent ChatGPT from producing text that might offend specific groups of users, suggesting in 2022 that the technology was an example of “training AI to be woke.”

More recently, he joked that “what we need is TruthGPT,” which led to the appearance of an eponymous project that stated it was already developing such a bot using the technology underlying the cryptocurrency industry and asking for Musk’s assistance.

Utility in crypto adoption

Despite criticism, crypto trading platform Binance has praised ChatGPT over its potential to be used in crypto adoption, expansion, and education as it is able to explain complicated concepts, such as proof-of-work (PoW), Bitcoin mining, and others, in a conversational and often fun way, like through a rap song or imitating a 1920s mobster.

On top of that, the chatbot can be useful in providing relevant insights into specific cryptocurrencies, such as the possible price of Bitcoin (BTC), Shiba Inu (SHIB), or the XRP token in 2030, or to weigh in on the arguments in the legal battle between the United States Securities and Exchange Commission (SEC) and Ripple.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Read Next:

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts