Elon Musk’s xAI raises $6B to bolster battle against OpenAI

OpenAI’s legal battle with Elon Musk reveals internal turmoil over avoiding AI ‘dictatorship’
A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial intelligence ‘dictatorship’ is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing conversion into a for-profit company.
Elon Musk’s xAI raises $6B to bolster battle against OpenAI: ‘Gonna need a bigger compute!’
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.
Meet the power players at Elon Musk's xAI, the startup taking on OpenAI with its Grok chatbot
Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.
Elon Musk's xAI Raises £4.78B to Ramp up R&D Across His Firms as Revenues Near £79M Annually
A recent US Securities and Exchange Commission (SEC) filing revealed that Elon Musk's AI company, xAI, raised £4.78 billion ($6 billion) from 97 investors in exchange for equity. The funds will be used to expedite training its powerful AI model,
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
The filing also revealed that xAI is now valued at $45 billion, close to double its previous valuation. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion tranche xAI raised in May.
Elon Musk’s xAI raises $6 billion in new funding
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.
Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition
Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...
Elon Musk Vs. Sam Altman: Inside The Feud Over OpenAI And ChatGPT
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.
OpenAI just dropped new Elon Musk receipts: ‘You can’t sue your way to AGI’
You can’t sue your way to AGI,” the OpenAI blog post reads, referring to artificial general intelligence, which Altman has ...
Elon Musk files for injunction to halt OpenAI’s transition to a for-profit
Counsel for billionaire Elon Musk have filed for an injunction against OpenAI, seeking to prevent the company from ...
OpenAI Fires Back at Elon Musk’s Lawsuit
The artificial intelligence start-up argues that Mr. Musk is trying to hamstring its business as he builds a rival company.
Mark Zuckerberg sets aside his feud with Elon Musk to go after Sam Altman's OpenAI
Sam Altman's OpenAI should remain a nonprofit.
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Elon Musk's Legal Battle Against OpenAI's For-Profit Transition Joined By Non-Profit Encode
Encode, a nonprofit organization, has joined forces with Elon Musk in a legal effort to prevent OpenAI from ...
Elon Musk seeks injunction to block OpenAI’s plans to become for-profit ‘Frankenstein’: filing
Elon Musk has asked a federal judge to block Sam Altman’s OpenAI from completing plans to become a for-profit entity – ...
OpenAI beefs up Washington presence with a pitch for energy and security
The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.