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

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...

The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...

Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding ...

Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup ...

In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.

Nvidia and AMD’s participation in xAI’s funding round means they are directly financing a rival to their major customers.

A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia ...

Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.

AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

Elon Musk's AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users ...

Hydrologic modelers are increasingly using explainable AI (XAI) to provide additional insight into complex hydrological ...