What is X AI?

Elon Musk has just announced the formation of X AI on Twitter! His value proposition for the new company is to "understand the true nature of the universe."

The general value proposition doesn't give us information about X AI and why Elon Musk could have formed the company. Still, we can make an educated guess as to X AI's intention based on his investments in the past. Below are the potential reasons why he set up the company.