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

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

Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate ...

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 ...

Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...

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

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

Elon Musk's AI startup, xAI, has successfully raised another $6 billion in Series C funding. This funding will be used to ...

In a series C investment round, Elon Musk's artificial intelligence venture xAI raised $6 billion. This adds to the $6 ...

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

OpenAI's biggest moments in 2024 included lawsuits, Sam Altman's comeback, a historic funding round, and a legal fight with ...