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

NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...

The Trust's common shares are traded on the New York Stock Exchange under the symbol "XFLT,” and the Trust's 6.50% Series ...

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...

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

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

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

Despite its success, xAI reportedly plans another fundraising round next year to sustain its ambitious growth trajectory. Analysts remain sidelined about TSLA stock, with a Hold consensus rating ...

Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.

Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.

The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.