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Live, rolling coverage of business, economics and financial markets as Bank of England’s Andrew Bailey calls for UK to ‘embrace AI’

Billionaire wants xAI to keep pace with rivals including OpenAI, Microsoft and Google

Musk's AI startup has hired a raft of experienced engineers.

A new CEO at the top, and a lot of familiar faces from Musk's circle.

On November 4, X owner Elon Musk unveiled his new AI chatbot Grok: a sarcastic ChatGPT alternative supposedly “modelled” after The Hitchhiker’s Guide to the Galaxy, one of Musk’s favourite books.

Elon Musk's generative AI venture, xAI, has launched Grok, its rival to ChatGPT. The billionaire is hoping to capitalise on the artificial intelligence revolution. While the private sector races to profit from AI innovation, governments are scrambling to keep up, vowing to protect humanity from potential catastrophe. So what might…

Altman described Grok as having "cringey boomer humor."

Musk's rival to ChatGPT made its debut to a limited group of users. In a crowded field of AI chatbots, its main differentiator seems to be its built-in snark and sarcasm.

Elon Musk’s AI startup, xAI, has announced a chatbot named Grok that will be informed by what's happening on X, the social media platform formerly known as Twitter.