Elon Musk's xAI Raises £4.78B to Ramp up R&D Across His Firms as Revenues Near £79M Annually
AI raised £4.78 billion to accelerate training its next-generation powerful AI model, Grok 3, alongside enhancing technology across SpaceX and Tesla.
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OpenAI Officially Announces For-Profit Transition
It’s a structure that is being commonly deployed in the AI world, for example, by OpenAI competitor and Claude-maker ...
Yearender 2024: From OpenAI’s Sora to Google’s Veo, 5 breakthroughs that made headlines in AI innovation
The year 2024 saw major AI innovations, including OpenAI’s Sora Turbo for video creation, Google’s upgraded Veo 2 and Imagen 3, and Microsoft’s autonomous agents in Copilot. xAI’s Grok-2 models ...