Elon Musk reportedly planning to launch AI rival to ChatGPT maker

Elon Musk is reportedly planning to launch an artificial intelligence company to compete with OpenAI, the maker of ChatGPT,

as Silicon Valley battles for dominance in the fast-evolving technology.

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According to the Financial Times, the billionaire boss of Tesla and Twitter is in the process of putting together a team of AI researchers

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and engineers and is in talks with several investors about the project.

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"A bunch of people are investing in this ... It's real and they're excited about it," a person with knowledge of the talks told

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the newspaper, which cited Nevada business records that showed March 9. Co Musk incorporated a company called X.AI.

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He is the sole director of the company. The move, which means he will join tech giants Microsoft,

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He is the sole director of the company.

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The move, which means he will join tech giants Microsoft,

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