Elon Musk’s xAI raises $6B to bolster battle against OpenAI
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.
OpenAI to seek capital
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
Musk 'did a lot to help OpenAI in the early day,' Sam Altman says in an interview with The Free Press, but he 'likes to get ...
OpenAI has revealed its plan to transform into a for-profit organization next year. It will maintain a nonprofit charitable ...
Sam Altman's OpenAI should remain a nonprofit.
The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it ...
OpenAI, the renowned artificial intelligence research organization, has announced a significant restructuring plan to ...
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