New Delhi, May 8 -- Elon Musk is dissolving his artificial-intelligence company, xAI. That sounds alarming, but it amounts to corporate restructuring ahead of his rocket company's record-setting initial public offering.

Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet. The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and value the company at up to $2 trillion.

Wednesday afternoon, Musk tweeted "xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX." He was responding to another post about xAI's newly announced deal with Anthropic. SpaceX didn't immediately respond t...