The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...

OpenAI's new structure aims to potentially make a more investor-friendly corporation, while maintaining a mission of funding a related charity ...

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

OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it ...

Under OpenAI’s current nonprofit structure, there is a cap on the returns that its backers can realize. Additionally, ...

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

The sovereign wealth fund of the Sultanate of Oman, Oman Investment Authority (OIA), has invested in Elon Musk’s artificial ...

Trading can be difficult, especially for novice traders, due to market volatility and price fluctuations. It can be hard for ...

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

In a series C investment round, Elon Musk's artificial intelligence venture xAI raised $6 billion. This adds to the $6 ...

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

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