Igor Babuschkin, co-founder of Elon Musk’s xAI startup, announced his departure from the company on Wednesday to launch his own venture capital firm, Babuschkin Ventures.

TechCrunch reports that in a post on X, Babuschkin shared that his last day at xAI was Wednesday. The AI startup, which Babuschkin co-founded with Elon Musk in 2023, has quickly risen to become one of Silicon Valley’s leading AI model developers in just a few short years.

Reflecting on the early days of xAI, Babuschkin wrote, “I still remember the day I first met Elon, we talked for hours about AI and what the future might hold. We both felt that a new AI company with a different kind of mission was needed.”

Babuschkin’s newly launched venture capital firm, Babuschkin Ventures, will focus on supporting AI safety rese

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