Vice Chair and President Brad Smith wrote in a blog post that the company plans to spend $80B in fiscal 2025 on the ...

AI aimed to release its next major model, Grok 3, in 2024 — but missed that deadline. It adds to a trend among AI companies.

Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Here are the key numbers: Total ...

OpenAI started in 2015 as a research-focused nonprofit but created a for-profit unit four years later to secure funding for ...

as bidders can argue the company lacks profit maximization or that its public benefit goals conflict with the bidder's objectives. SOME EXISTING PBCs Anthropic and xAI: OpenAI's rivals, Anthropic and ...

OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...

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

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

Elon Musk has never been one to shy away from confrontation, and his latest legal move is no exception. The billionaire ...

Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding ...

Launched by Musk in July 2023 to take on OpenAI, the company behind ChatGPT, xAI's lofty goal is to "understand the universe.