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 ...

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

NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...

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% ...