AI aimed to release its next major model, Grok 3, in 2024 — but missed that deadline. It adds to a trend among AI companies.
XAI Octagon Floating Rate & Alternative Income Trust - 6.50% PRF (XFLT.PR.A) declares $0.4063/share quarterly dividend, in line with previous. Forward yield 6.42% Payable Jan. 31; for shareholders of ...
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...
Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup ...
The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...
A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia ...
NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...
AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...
In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.
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 has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a ...
XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) declares $0.077/share monthly dividend, Forward yield 13.75% ...