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 artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.
A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial intelligence ‘dictatorship’ is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing conversion into a for-profit company.
OpenAI responded to Elon Musk's lawsuit against the AI startup, arguing the billionaire suggested the company should have a for-profit structure and sought to control it.
Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.
Sam Altman's OpenAI should remain a nonprofit.
Elon Musk's AI startup, xAI, has successfully raised another $6 billion in Series C funding. This funding will be used to enhance their computing infrastructure and more.
Altman said he believes much of Musk's animosity is rooted in OpenAI's recent success and the fact that he now runs a direct competitor.
Palantir and startup Anduril reportedly are talking with OpenAI, Elon Musk's SpaceX and other tech companies to team up on big contracts to take on defense giants.
Altman claimed that Musk's opposition to OpenAI's potential for-profit transition comes from his desire to remain in control of the AI start-up.
OpenAI published screenshots of Elon Musk's old emails in which the billionaire was pushing a for-profit business structure.