Elon Musk intends to build a ChatGPT competitor to the popular artificial intelligence platform. Musk revealed his intentions to develop a “third option” in the AI competition between Alphabet Inc.’s Google and DeepMind and Microsoft Corp.-backed OpenAI in an interview with Tucker Carlson on Monday.

The CEO of Tesla Inc. and the owner of Twitter revealed he plans to join the AI arms race started by OpenAI’s clever chatbot. Considering Microsoft and Google to be “the two heavyweights” now leading the pack, Musk said he would “create a third option.” He made no mention of the sophisticated AI system he intended to develop.

According to state papers, Musk formed X.AI, a new artificial intelligence business, in the state of Nevada in March.

In the same month, he and hundreds of other tech leaders signed an open letter calling for a six-month break in the creation and training of advanced AI models. Musk has been outspoken in his criticism of other AI firms, notably OpenAI, which he helped build.

He may be utilizing the new AI company as part of his plans to create the all-encompassing X app. In a recent interview, Musk advised listeners to “stay tuned” for additional information on the merger of Twitter into X Corp. He also corroborated a previous rumor that Twitter’s value had been reduced after his takeover last year.

“We just revalued the company at less than half the acquisition price,” he told Carlson. Musk took Twitter private in a $44 billion deal and The Information recently said he’d offered Twitter employees new equity grants valuing the company at $20 billion.

Musk expressed alarm during the interview on Monday about the startup’s departure from a nonprofit organization as well as Microsoft’s power and influence on OpenAI.

Additionally, he expressed concern that chatbots had turned out to be very politically correct, saying that his AI firm will concentrate on the truth and “understanding the nature of the universe.”

(Adapted from Bloomberg.com)