CNN  — 

Elon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT.

The company, called x.AI, unveiled a website and a team of a dozen staffers. The new company will be led by Musk, according to the website, and “will work closely with X (Twitter), Tesla, and other companies to make progress towards our mission.”

“The goal of xAI is to understand the true nature of the universe,” the website states.

This is a developing story. More to come…