xAI is reportedly launching a ChatGPT-like app for consumers, deepening Elon Musk's rivalry with Sam Altman

Elon Musk's xAI plans to challenge OpenAI with a new chatbot app set for release in December. Musk's xAI has a valuation of $50 billion, aiming to rival OpenAI's $157 billion valuation and $3.7 billion revenue projection for 2024.