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.

OpenAI had a challenging journey in marking itself as a prominent force in Artificial Intelligence. However, major milestones and other setbacks occurred for

Elon Musk Cannot Enter Some Buildings Of His Own Aerospace Company SpaceX; The Reason Is… Sam Altman had been openly criticized by the likes of Elon Musk for turning OpenAI, the maker of ChatGPT, into a for-profit venture.

Elon Musk's xAI has raised $6 billion in its latest funding round, pushing its total capital raised to $12 billion at a valuation of $50 billion, reports TechCrunch. The round, which involved 97 investors,