elon musk openai news

Elon Musk’s xAI raises $6B to bolster battle against OpenAI

Business Insider on MSN · 3d

Meet the power players at Elon Musk's xAI, the startup taking on OpenAI with its Grok chatbot

Meet the key figures at Elon Musk's xAI, the $50 billion startup behind the chatbot Grok that's taking on ChatGPT.

New York Post on MSN · 3d

Elon Musk’s xAI raises $6B to bolster battle against OpenAI: ‘Gonna need a bigger compute!’

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.

The Associated Press - Busines… · 13d

OpenAI’s legal battle with Elon Musk reveals internal turmoil over avoiding AI ‘dictatorship’

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.

TechCrunch · 2d

Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

The filing also revealed that xAI is now valued at $45 billion, close to double its previous valuation. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion tranche xAI raised in May.

The Indian Express · 1d

Elon Musk’s xAI raises $6 billion in new funding

A lot of compute is needed,” Mr. Musk said in a post about the financing, in which BlackRock, Fidelity and Sequoia participated.

OpenAI outlines new for-profit structure

Reuters · 5h

OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.

Business Insider on MSN · 9h

OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'

OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock."

The Business Journals · 3h

OpenAI reveals plan to convert to public benefit corporation

OpenAI announced plans to become a public benefit corporation and shed the control of its nonprofit board. Elon Musk and Meta are already fighting the move.

19mon MSN

Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition

Encode, a nonprofit AI safety org, has requested permission to file an amicus brief in support of Elon Musk's injunction to ...

Elon Musk Vs. Sam Altman: Inside The Feud Over OpenAI And ChatGPT

A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman.

14don MSN

OpenAI hits back at Elon Musk lawsuit, says he suggested for-profit entity

OpenAI responded to Elon Musk's lawsuit against the AI startup, arguing the billionaire suggested the company should have a ...

Hosted on MSN6d

OpenAI CEO: Elon Musk Is a 'Legendary Entrepreneur' But 'Clearly a Bully'

Musk 'did a lot to help OpenAI in the early day,' Sam Altman says in an interview with The Free Press, but he 'likes to get ...

13don MSN

Mark Zuckerberg sets aside his feud with Elon Musk to go after Sam Altman's OpenAI

Sam Altman's OpenAI should remain a nonprofit.

13d

OpenAI Fires Back at Elon Musk’s Lawsuit

The artificial intelligence start-up argues that Mr. Musk is trying to hamstring its business as he builds a rival company.

25don MSN

Elon Musk seeks injunction to block OpenAI’s plans to become for-profit ‘Frankenstein’: filing

Elon Musk has asked a federal judge to block Sam Altman’s OpenAI from completing plans to become a for-profit entity – ...

13don MSN

OpenAI publishes more of Elon Musk's internal emails showing he originally favored a for-profit structure

OpenAI published screenshots of Elon Musk's old emails in which the billionaire was pushing a for-profit business structure.

25d

Elon Musk asks court to block OpenAI conversion from nonprofit to for-profit

Elon Musk on Friday filed a motion for preliminary injunction asking a federal court to block OpenAI's planned conversion from a nonprofit to for-profit entity.

1hon MSN

OpenAI beefs up Washington presence with a pitch for energy and security

The AI industry wants Trump’s Washington to embrace it as a bulwark against China. OpenAI is trying to lead the pack.

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