Once friends and business partners, now rivals, Elon Musk and Sam Altman are dueling it out in a California Federal courtroom ...

Graphic processing units (GPUs) serve as a key component in the foundation of the world's artificial intelligence (AI ...

By investing in ventures like xAI, Gulf countries are asserting their ambition to drive innovation that delivers both ...

OpenAI has announced a major restructuring of its corporate model to address growing financial challenges and the escalating ...

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

OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...

OpenAI rivals like Anthropic and Elon Musk’s xAI use a similar structure ... OpenAI set off the generative artificial intelligence boom in late 2022 with the release of its online chatbot ChatGPT, ...

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...

The sovereign wealth fund of the Sultanate of Oman, Oman Investment Authority (OIA), has invested in Elon Musk’s artificial ...

"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...

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 ...