Musk says xAI's Grok 3 chatbot to be unveiled on Monday

Musk says xAI's Grok 3 chatbot to be unveiled on Monday

Technology

Says Grok 3 is in the final stages of development

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(Reuters) - Billionaire Elon Musk said on Saturday that his xAI's artificial intelligence chatbot and ChatGPT challenger Grok 3 would be released with a live demo at 8 pm Pacific time on Monday (0400 GMT on Tuesday).

Earlier this week, Musk said Grok 3 was in the final stages of development and would be released in about a week or two. 

Meanwhile, OpenAI has rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous.

The unsolicited approach is Musk's latest attempt to block the startup he co-founded with OpenAI CEO Sam Altman — but later left — from becoming a for-profit firm, as it looks to secure more capital and stay ahead in the artificial intelligence race.

"OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition. Any potential reorganization of OpenAI will strengthen our nonprofit and its mission to ensure AGI benefits all of humanity," it said on X, quoting OpenAI Chairman Bret Taylor on behalf of the board.

Musk's lawyer Marc Toberoff, in a statement, responded that OpenAI is putting control of the for-profit enterprise up for sale, and said the move will "enrich its certain board members rather than the charity.”

OpenAi in late December had outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.