Elon Musk is reportedly planning an A.I. startup to compete with OpenAI, which he cofounded

Tesla CEO Elon Musk is planning to launch an artificial intelligence startup that would go head-to-head with OpenAI, the Financial Times reported Friday. Musk -- the CEO of Tesla, SpaceX and Twitter -- has been building a team of researchers and engineers and has been in conversation with multiple investors, the Financial Times reported, citing sources familiar with the matter. He has also reportedly been recruiting from other top AI firms, including Alphabet-owned DeepMind. "It's real and they are excited about it," a source familiar with the matter told the Financial Times. Musk has secured thousands of Nvidia GPU processors, according to the report.