Billionaire Elon Musk revealed that his artificial intelligence company xAI is set to release Grok-1.5 chatbot to the public next week. Musk also mentioned that the company is working on Grok 2, which is expected to surpass current AI metrics. The chatbot will feature enhanced reasoning capabilities and an expanded context length. Musk’s estimated net worth is around $195.3 billion, making him the third-richest person globally. This news comes after Musk’s recent legal dispute with OpenAI and the ongoing rivalry for the title of the world’s second-richest person with Jeff Bezos. The chatbot's release is set to mark xAI's continued competition in the AI chatbot market.