The billionaire also said xAI released its first AI model, a bot named Grok, after making it available to all X Premium+ subscribers on Friday. 

The startup aims to create AI tools that 'assist humanity in its quest for understanding and knowledge' and that Grok has been designed to answer questions with a bit of wit.

"Grok has real-time access to info via the X platform, which is a massive advantage over other models," Musk added.

X, the social media firm formerly known as Twitter which Musk owns, is separate from xAI, but the companies work closely together. xAI also works with his electric car maker Tesla and other companies.