The state of play in AI development shows that few companies like Google, Meta, and Anthropic are competing with OpenAI in large language models, while new players like X.ai are emerging in the field.
OpenAI's ambition to raise trillions for chip-making infrastructure and X.ai's plans for a massive supercomputer project highlight the huge investments required in AI development but also the potential risks of burning through funds without tangible outcomes.
Elon Musk's track record in delivering ambitious projects like electric cars and rockets is remarkable, but his failures in software projects and controversial decisions around tolerating extremist groups have raised concerns over his reputation and leadership efficacy.
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