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 ...

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.

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

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 ...

After months of speculation, OpenAI today officially announced that it is changing its corporate structure to best support its mission. Back in 2015, OpenAI started as a nonprofit. Since it faced ...

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