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.
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
OpenAI said it needs “more capital than we’d imagined” as the Sam Altman-led artificial intelligence pioneer outlined plans ...
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.
Following the reorganization, the for-profit division would be responsible for overseeing OpenAI’s “operations and business,” ...
"We have a nonprofit and a for-profit today, and we will continue to have both, with the for-profit’s success enabling the ...
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