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

Once friends and business partners, now rivals, Elon Musk and Sam Altman are dueling it out in a California Federal courtroom ...

OpenAI announces its move to a for-profit model in 2025, aiming to stay competitive in the AI space while maintaining its ...

By investing in ventures like xAI, Gulf countries are asserting their ambition to drive innovation that delivers both ...

Elon Musk had a cracking 2024, it must be said – a year when his ventures achieved significant milestones across various ...

Billionaire tech CEO Elon Musk has hit out at the Sydney Morning Herald predicting its demise for publishing “boring” stories ...

AI raised £4.78 billion to accelerate training its next-generation powerful AI model, Grok 3, alongside enhancing technology across SpaceX and Tesla.

KHC invests in xAI's Series C funding, valuing the AI firm at USD 45 billion, a USD 20 billion rise from its Series B funding ...

OpenAI, the creator of ChatGPT, announced a significant restructuring plan to transition its for-profit arm into a Public ...

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation ...

OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...

OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...