In an era of "Great Power Competition," maintaining a high-performing, mission-ready Air Force is seen as essential for ...

Two of the most powerful forces in the AI industry are set to collide this year: Elon Musk and OpenAI's Sam Altman. Here's ...

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

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

Global AI has launched a dedicated R&D and Innovation Lab by hiring 14 senior AI specialists and software engineers to drive the development of next-generation AI solutions. This strategic move ...

xAI has reportedly told investors it plans to raise more money next year. It won’t be the only AI lab raising immense cash. Anthropic recently secured $4 billion from Amazon, bringing its total ...

Musk has repeatedly warned that AI poses a risk to human civilisation, but he is pushing hard for a bigger slice of investment in the sector and xAI already raised $6 billion in May. The company ...

While the filing left investor identities unnamed, xAI later confirmed funding from prominent investors such as Andreessen Horowitz, BlackRock (BLK), Fidelity, Nvidia (NVDA), AMD (AMD), and ...

Elon Musk's AI company xAI secured $6 billion in Series C funding from a group of heavyweight investors, including chipmakers NVIDIA and AMD. The list of backers includes major venture capital players ...

Elon Musk's xAI raises $6 billion, bringing total funding to $12 billion, with backing from major global investors. xAI’s Grok AI model powers X features and is integrated into third-party apps via ...

Muscat: Oman Investment Authority (OIA) announced its latest investment in “xAI” company, a leading artificial intelligence American company. The move comes as part of OIA’s ongoing efforts to ...

State-backed Oman Investment Authority (OIA) reportedly acquired an undisclosed stake in Elon Musk’s (pictured) AI company xAI, a few months after it emerged the billionaire was seeking new investors.