Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.
A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial intelligence ‘dictatorship’ is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing conversion into a for-profit company.
OpenAI responded to Elon Musk's lawsuit against the AI startup, arguing the billionaire suggested the company should have a for-profit structure and sought to control it.
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.
OpenAI asked a federal judge in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s conversion to a for-profit company.
Meta is attempting to stop OpenAI from becoming a for-profit company – a move that puts its billionaire boss Mark Zuckerberg on the same side as his longtime rival, Elon Musk.
Elon Musk's AI startup, xAI, has successfully raised another $6 billion in Series C funding. This funding will be used to enhance their computing infrastructure and more.
OpenAI's Sam Altman asked his followers how to improve the artificial intelligence platform in 2025. One idea included new family accounts.
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
Elon Musk's xAI has secured a totak of $6 billion in Series C funding, bringing its total funding to $12 billion.