I will go to war on this issue, the likes of which you cannot possibly comprehend”, said Elon Musk in an ode to protect the ...

Cathie Wood is the founder of Ark Investment Management, which operates several tech-focused exchange-traded funds. Wood ...

OpenAI plans to restructure into a for-profit company in 2025, highlighting the need for significant capital. This move has ...

OpenAI is officially done pretending it can run like a charity. On Friday, the company announced it has finalized plans to ...

Much more than computing dominance is at stake; the struggle for AI primacy between the United States, China, middle powers, ...

Last year, the firm also raised $1.1 billion for two new private investment vehicles: D.E. Shaw Voltaic Fund and D.E. Shaw ...

Elon Musk’s net worth rose $239 billion this year to $468 billion. That increase is due mainly to his ownership of three ...

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

Elon Musk has a lot going on as 2024 winds to a close. The CEO of both Tesla (TSLA) and SpaceX is finishing a busy year that ...

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.