Elon Musk's artificial intelligence startup xAI has introduced Grok-3, the latest iteration of its chatbot, as it looks to compete with Chinese AI firm DeepSeek, Microsoft-backed OpenAI, and Alphabet's Google.

According to xAI’s blog, Grok 3 leverages Test-Time Compute at Scale (TTCS), a specific implementation of test-time scaling, to power its reasoning. This machine learning strategy enables the A.I. model to dynamically adjust computational resources, ensuring higher accuracy for complex queries while maintaining speed for simpler tasks.

Elon Musk revealed his new chatbot, Grok 3, on Monday. Maria Curi, tech policy reporter for Axios, joined CBS News to discuss the new product.

Elon Musk’s artificial intelligence startup, xAI, has unveiled Grok 3 AI, the latest iteration of its chatbot technology. The new model, which Musk has described as the “smartest AI on Earth,” is being positioned as a direct competitor to OpenAI,

Elon Musk’s artificial-intelligence company xAI unveiled an improved version of its Grok chatbot and the model that powers it late Monday, marking his latest effort to catch up with established competitors including OpenAI.

Grok 3 is Musk's latest AI powerhouse, but despite its rapid progress, experts say it's still not enough to dethrone ChatGPT as the top AI model. Is it true?