Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
Some panned the billionaire for overspending on Twitter, but the platform is winning him favor with Donald Trump and ...
Musk created xAI as an alternative to OpenAI, the company he helped found but later distanced himself from over ideological ...
Elon Musk has recently inserted himself into gaming culture wars bemoaning what he and others believe are "woke" portions of ...
Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI ...
Musk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social ...
The Wall Street Journal recently reported that xAI, the artificial intelligence startup founded by Elon Musk, completed a funding round of $5 ...
AI told investors it had raised $5 billion in a funding round that doubled its valuation from the spring, The Wall Street ...
According to the Journal, xAI will raise more funding next year to support its growth efforts. The company has received at ...
xAI is looking to compete in an increasingly crowded AI space dominated by companies including OpenAI and Anthropic alongside ...
Elon Musk’s xAI has redefined the AI landscape, achieving a staggering $50 billion valuation in just 16 months—a feat that ...