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

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

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 ...

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

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 ...

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

While I'm encouraged by the relationship between xAI and Nvidia, this deal alone does not make the stock a buy. Even though Nvidia is well positioned to capture incremental market share as AI ...

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

Elon Musk’s artificial intelligence company, xAI, is testing a standalone Apple Inc (NASDAQ:AAPL) iOS app for its chatbot, ...

which has fueled enormous demand for microchips and underpinned a roughly eightfold rise in Nvidia stock since the start of 2023. xAI, founded in March last year, raised $6 billion at a post-money ...