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

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

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

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

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

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

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

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 ...

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

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

The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...