From the DOJ’s report on the MPD to Elon Musk and the xAI supercomputer, here are Otis Sanford’s top five local stories for ...

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

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 ...

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 ...

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

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

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

A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia ...