Elon Musk, the billionaire entrepreneur and CEO of Tesla and SpaceX, is rumored to be starting a new artificial intelligence (AI) startup. This news follows Musk’s recent announcement that Tesla would play a role in the development of artificial general intelligence (AGI), which refers to AI that can perform any intellectual task that a human can.

According to a report by Business Today, Musk plans to launch the new AI startup to rival OpenAI, a research organization co-founded by Musk in 2015. OpenAIfocuses on developing safe and beneficial AI, and its research has led to breakthroughs in areas such as natural language processing and reinforcement learning.

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