Elon Musk launches his new company, xAI

SpaceX and Tesla CEO Elon Musk attends the Viva Technology conference dedicated to innovation and start-ups at the Porte de Versailles exhibition center in Paris on June 16, 2023.

Chesnot | Getty Images

Elon Musk, CEO of Tesla and SpaceX and owner of Twitter, announced on Wednesday the formation of xAI, a new artificial intelligence company with the goal of “understanding the true nature of the universe.” Musk and his team will share more information during a live chat on Twitter Spaces on Friday, according to the company’s website.

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