Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
OpenAI responded to Elon Musk's lawsuit against the AI startup, arguing the billionaire suggested the company should have a ...
The artificial intelligence start-up argues that Mr. Musk is trying to hamstring its business as he builds a rival company.
Democrats’ top appropriator in the House, Rep. Rosa DeLauro of Connecticut, has accused Tesla TSLA Chief Executive Elon Musk ...
Elon Musk's artificial intelligence company xAI announced on Monday it has secured $6 billion in Series C funding from major ...
A holiday blowup over immigration between Trump's tech advisers and the GOP base suggests the road may be littered with ...
Krishnan, a prominent tech leader and policy advocate, has been vocal about eliminating caps on green cards to attract global ...
AI gains 150MW power approval for its supercomputer, but locals fear impact on grid and future power availability.
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