Elon Musk starts his own AI company to rival ChatGPT

Elon Musk has launched his own artificial intelligence company, and it is aimed at competing with ChatGPT. ABC News reported the launch. If you have used a chatbot to answer questions or write an email, this is a new rival in that same space.

What this is

ChatGPT is a popular chatbot. You type a question or a request, and it answers or writes text for you. Musk's new company wants to build something that competes with it. The material available does not describe the product itself.

Who it affects

Anyone who uses AI tools at home or at work could feel the effects over time. When more companies compete, tools often get better and prices can come down. That is a possible benefit, not a promise.

What is not known yet

The report material is thin, so many basics are still unclear. Here is what has not been shared in the information available:

• What the new tool can do
• What it will cost
• When people can try it
• How it will handle your data

What to do

There is no need to rush. Before you try any new chatbot, check what it can do, what it costs and how it treats your data. Look at what information it collects and whether you can limit that. Avoid typing in private details, such as financial or customer information, until you know the rules.