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.

XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) declares $0.077/share monthly dividend, Forward yield 13.75% ...

From xAI's new gaming studio to computing breakthroughs, explore Elon Musk's latest AI innovations and $6B investment round.

Generative AI funding has reached new heights in 2024, with a record-breaking $56 billion invested across 885 deals.

Venture capital investments in generative AI reached $56 billion in 2024, with Anthropic, OpenAI, and xAI leading.

NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...

Archrivals Mark Zuckerberg and Elon Musk want to stop OpenAI’s attempt to change from a charity to for-profit status ...

Microsoft plans to invest $80 billion in AI. This is a huge amount when compared to its revenue, earnings, and cash.

AI, an artificial intelligence (AI) company owned by Elon Musk, the world's richest person, has introduced a new image ...

If there was any doubt, the generative AI bubble didn't burst in 2024, according to data from financial trackers.