AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

AI reported that it had successfully raised US$6 billion (~RM26.88 billion) in funding during a recent Series C funding ...

Strategic investors Nvidia and AMD also participated and continue to support xAI in rapidly scaling its infrastructure. Since the announcement of the Series B in May 2024, xAI has made significant ...

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

xAI plans to use the funding to expand its Colossus supercomputer, which currently runs on 100,000 Nvidia Hopper GPUs. The ...

Elon Musk’s artificial intelligence venture, xAI, is taking its chatbot Grok beyond X’s platform with the beta testing of ...

Last year, the firm also raised $1.1 billion for two new private investment vehicles: D.E. Shaw Voltaic Fund and D.E. Shaw ...

Under the new structure, OpenAI plans to convert its for-profit wing into a Delaware-based PBC, which will run and control ...

Elon Musk has a lot going on as 2024 winds to a close. The CEO of both Tesla (TSLA) and SpaceX is finishing a busy year that ...

The risk of an asteroid hitting the Earth or a pandemic also exists. But the risk of China destroying our system is ...

OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would ...

Much more than computing dominance is at stake; the struggle for AI primacy between the United States, China, middle powers, ...