Tesla CEO Elon Musk announced that Grok 3, the latest version of his AI chatbot developed by xAI, is in its final development stages and will be released in one to two weeks. Speaking at the World Governments Summit in Dubai, Musk claimed that Grok 3 surpasses all existing AI chatbots in reasoning capabilities. In the tests we’ve done so far, Grok 3 is outperforming anything that’s been released, Musk stated, adding that the model analyzes its own mistakes to improve accuracy. The AI will compete with ChatGPT (OpenAI), Gemini (Google DeepMind), Claude (Anthropic), Mistral AI, and Meta’s (META) Llama. This article first appeared on GuruFocus. Elon Musk Unveils Grok 3, Says It Outperforms All AI Rivals