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 ...

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

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 ...

Musk, owner of OpenAI’s rival xAI, charged OpenAI of ditching its nonprofit roots. Internal challenges have also emerged, ...

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,” ...

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

Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a ...

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