Elon Musk, the CEO of Tesla and founder of SpaceX, has announced the artificial intelligence venture XAI, aimed at alleviating people's concerns about AI technology. Musk stated on Twitter that XAI would operate as a competitor to OpenAI. Unlike OpenAI, XAI will offer greater transparency on how AI algorithms operate, providing people with a better understanding of how AI technology is being used.

XAI's goal is to provide a better method for controlling the effects created by AI technology and to protect both safety and welfare. Musk believes that AI technology poses a significant risk factor, and he hopes that XAI will help to reduce this risk.

It has not yet been announced when XAI will begin operating or what kind of products it will offer. However, according to Musk's statements, XAI will make a significant contribution to the development of AI technology in the future.