Elon Musk's artificial intelligence company, xAI, has announced plans to enter the gaming industry by launching an AI game studio. Musk aims to improve game quality, which he believes has declined due to corporate ownership. The announcement comes as xAI prepares to release a consumer app similar to OpenAI's ChatGPT app, allowing users to access xAI's chatbot from personal devices. The company is also reportedly planning a funding round that could bring in $5 billion and double its valuation to $50 billion. Musk has offered investors who supported his Twitter acquisition 25% of xAI shares as a loyalty reward.



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