According to a recent report published by the Financial Times on Friday, billionaire CEO Elon Musk is currently working on the formation of an Artificial Intelligence (AI) startup that will compete with the likes of ChatGPT-maker OpenAI, Google's Bard and Amazon's Bedrock. Musk Assembles New AI Team Twitter CEO Elon Musk is reportedly in the process of putting together a group of AI academics and engineers for his new company which is touted to be a ChatGPT AI alternative. Moreover, the report states that Musk is carrying out negotiations with his current investors from SpaceX and Tesla Inc about the possibility of obtaining fresh funds for his new venture. Read More: Proposal For Uniswap V3 Launch On Polygon zkEVM Gets A Nod The 51-year-old business tycoon has apparently secured thousands of graphic processor units, which are computer systems that aid in high-powered computing required for running AI-models and processing high-end graphics. This comes after Musk posted a tweet on March 18 in which he stated that his company would harness AI to "detect & highlight manipulation of public opinion" on the micro-blogging platform. https://twitter.com/elonmusk/status/1636898888287236099 Musk's Brewing Rivalry With OpenAI OpenAI, the company that created ChatGPT, was founded in 2015 by Elon Musk and a handful of other AI entrepreneurs and researchers. However, Musk left OpenAI's board in 2018 to concentrate on Tesla. In typical Musk fashion, he criticized ChatGPT's censorship of potentially objectionable responses and also called out OpenAI's switch to "for profit" despite the fact that it was built as a "non-profit organization". Recently, a group of artificial intelligence researchers and industry top shots, including Musk himself, called for a six-month delay in the development of systems that are more powerful than OpenAI's current GPT-4. The move was made citing possible risks and threats to society. Also Read: XCH Token Skyrockets 15% As Chia Network Files For U.S. IPO