Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.

Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup ...

A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia ...

OpenAI says the plan “would result in one of the best-resourced non-profits in history,” and allow it to raise funds with ...

In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization ...

OpenAI is officially done pretending it can run like a charity. On Friday, the company announced it has finalized plans to ...

OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...

A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.

Nvidia and AMD invest $6 billion in Musks xAI to rival OpenAI Nvidia and AMD join forces to back Musks emerging AI competitor ...

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...