Fidelity has boosted its valuation of the two Musk startups for the third month in a row, according to recent filings.

Once friends and business partners, now rivals, Elon Musk and Sam Altman are dueling it out in a California Federal courtroom ...

OpenAI announces its move to a for-profit model in 2025, aiming to stay competitive in the AI space while maintaining its ...

A recent US Securities and Exchange Commission (SEC) filing revealed that Elon Musk's AI company, xAI, raised £4.78 billion ...

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

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

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...

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

Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI ...

Here are the 10 announcements that made 2024 a monumental year in the world of AI.

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

OpenAI had a challenging journey in marking itself as a prominent force in Artificial Intelligence. However, major milestones ...